Best Navy Federal Auto Insurance Discounts in 2024

Navy Federal Credit Union has established business partnerships with insurance companies to make discounts available to its members. Navy Federal Members needing full coverage, minimum auto insurance requirements by state, or something in-between, can use these discounts to reduce their premiums.

Keep reading to learn more about an auto insurance discount for Navy Federal Members.

Navy Federal Auto Insurance Discounts

While Navy Federal doesn’t sell auto insurance, it does partner with auto insurance companies to get reduced rates for Navy Federal members. In the past, Navy Federal has forged partnerships with providers such as MetLife and GEICO, and most recently, has teamed up with Liberty Mutual through the TruStage Auto & Home Insurance Program.

The strategy has been beneficial and productive; based on Navy Federal auto insurance reviews, the organization earned a #1 ranking for customer experience (CX) on Forrester’s CX Index.

Navy Federal’s Partnerships and Auto Insurance Benefits

Many insurance companies do not offer discounts on auto insurance for veterans, meaning that military members may need to shop around for affordable rates or have limited choices among the few companies that do provide opportunities to save. Navy Federal’s discounts offer a valuable solution for people in this situation.

In addition to giving members more options for cheaper insurance, Navy Federal’s partnerships also provide the following benefits for members:

• Member-centric partnerships: NFCU has changed partnerships with insurers numerous times over the years. This is because they forge partnerships that are in the best interests of their members rather than the companies involved.
• Member discounts: Navy Federal partners with other companies mainly to provide members discounted rates or other coverage benefits. Often, this makes it very easy for Navy Federal members to enjoy savings. For example, NFCU’s partnership with Liberty Mutual can save customers money if they sign up for insurance online instead of in person.
• 24/7 support: Navy Federal members benefit from 24/7 support and claim assistance. For instance, as a customer, you can connect with support staff over the phone to file a claim whenever needed.

These features may appeal to Navy Federal members seeking a more customer-focused experience. This is especially true for veterans who have difficulty finding discounts and consistent customer support.

Auto Insurance Discounts for Navy Federal Members

Savings may vary from state to state and customer to customer for several reasons. Still, being a Navy Federal member may be extremely helpful for certain individuals. Some things to consider when it comes to auto insurance discounts for Navy Federal members include:

• Members must qualify: Members have first to check their eligibility to see if they qualify. Checking to see if you qualify for a discount on auto insurance is easy either online or by touching base with your broker.
• Restrictions may apply: Discounts are not available in some states. Additionally, discounts may only apply to specific types of coverage.
• Other factors to be considered: Other factors may impact insurance rates. Insurance companies often consider the following criteria when setting policy rates and restrictions:
  • Driver profile
  • Vehicle make and model
  • Driver history

Obtaining an online quote is an easy way to verify whether you qualify and how much discount you can leverage for being an NFCU member.

Why choose Navy Federal when shopping for auto insurance?

Navy Federal auto insurance discounts are part of their overall mission. While there may be a couple of other options for cheap auto insurance for military and Veterans,  being a member of Navy Federal has distinct advantages.

Besides partnering with insurance companies to provide member discounts, NFCU has countless other financial products specifically designed for military members.

Navy Federal Members can Benefit from Auto Insurance Discounts

Navy Federal members can get significant discounts on auto insurance policies thanks to the credit union’s partnerships with insurance companies. This is because, using these partnerships, NFCU can take advantage of group discounts and pass the savings on to its members.

The amount you save will vary depending on your situation, and two different members could save differing amounts on similar policies. Factors such as your driving history and the make and model of your vehicle may play a significant role in deciding how much you save.