Updated: October 8, 2025
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USAA is the best home insurance for veterans, earning a MoneyGeek score of 97 out of 100.
The cheapest home insurance for veterans is from AIG Insurance, with rates averaging $91 per month or $1,090 per year.
GEICO, Armed Forces Insurance (AFI) and Liberty Mutual offer homeowners insurance discounts specifically for veterans and military members.
USAA offers the best homeowners insurance for veterans, costing an average of $186 per month for $250,000 in dwelling coverage and earning a MoneyGeek score of 97 out of 100. AIG Insurance follows at a close second, with a MoneyGeek score of 95 out of 100.
Take a look at the best home insurance providers based on MoneyGeek’s scoring system below.
| USAA | 97 | $186 | $2,233 |
| AIG Insurance | 95 | $91 | $1,090 |
| Amica | 95 | $119 | $1,428 |
| CSAA | 91 | $126 | $1,514 |
| AAA | 91 | $135 | $1,623 |
| Farmers | 88 | $188 | $2,251 |
| Chubb | 88 | $369 | $4,431 |
| Allstate | 87 | $198 | $2,381 |
| Homesite | 84 | $210 | $2,525 |
| Nationwide | 83 | $287 | $3,441 |
| American Modern | 80 | $174 | $2,089 |
| Progressive | 76 | $454 | $5,445 |
| Travelers | 73 | $571 | $6,848 |
USAA is an exclusive insurance provider serving active-duty military members, veterans and their eligible family members. Its homeowners insurance stands out for features tailored to military life, including a waived deductible for covered losses to military uniforms and equipment while on active or Reserve duty, though availability may vary by state.
If you’re deployed and plan short-term rentals, you can add a home-sharing endorsement to your policy. For long-term tenants, USAA can convert your homeowners policy to rental property (landlord) insurance. If the home will be unoccupied, some coverage may be limited; you can add vacancy protection for an additional premium.
You can join if you’re active duty, Guard or Reserve, a veteran, a precommissioned officer or an employee of eligible federal agencies; spouses and children of current USAA members also qualify. Veterans must have an honorable discharge or a general discharge under honorable conditions.
If you value affordability, AIG Insurance is the cheapest home insurance provider for veterans and active military members. On average, AIG Insurance costs $90 per month for $250,000 in dwelling coverage.
Rates, however, vary by coverage limits. Review the cheapest home insurance for veterans using the table below and toggle to your desired coverage level.
| AIG Insurance | $91 | $1,090 |
| Amica | $119 | $1,428 |
| CSAA | $126 | $1,514 |
| AAA | $135 | $1,623 |
| American Modern | $174 | $2,089 |
| USAA | $186 | $2,233 |
| Farmers | $188 | $2,251 |
| Allstate | $198 | $2,381 |
| Homesite | $210 | $2,525 |
| Nationwide | $287 | $3,441 |
| Chubb | $369 | $4,431 |
| Progressive | $454 | $5,445 |
| Travelers | $571 | $6,848 |
Home insurance costs vary because each insurer evaluates risk, claims history and coverage features differently. Comparing home insurance providers helps service members and veterans find the most affordable protection that fits their home and duty lifestyle.
Military families often relocate, leave homes vacant during deployments or rely on others to maintain their property. Below are a few commonly available endorsements that add valuable protection and addresses the unique risks faced by service members.
Replacement Cost Coverage | Pays to replace damaged or destroyed belongings with new items rather than covering only their depreciated value, ideal for military families who move frequently. |
Water Backup Coverage | Covers water damage from backed-up drains or sump pumps, which can occur in homes left unoccupied for long periods. |
Extended or Guaranteed Replacement Cost | Increases your dwelling coverage limit if rebuilding costs exceed your policy amount, protecting you from inflation or construction cost spikes while deployed. |
Identity Theft Protection | Provides monitoring and recovery assistance if your personal information is stolen, a risk that rises during relocations or overseas service. |
Service Line Coverage | Pays to repair or replace underground utility lines, such as water, gas or electrical connections, that you’re responsible for as a homeowner. |
Several major insurers honor military service by offering exclusive savings and flexible coverage options. While the amount and availability of these discounts vary by company and state, the providers below are known for extending benefits to active-duty members, veterans and their families.
Armed Forces Insurance (AFI) | Specializes in serving military members, Department of Defense employees and their families, with customized home coverage and flexible deployment options. |
GEICO | Provides up to 15% off for active-duty, Reserve and retired military members, along with emergency deployment discounts in select states. |
Liberty Mutual | Offers military savings on home and auto policies, plus flexible policy management for members stationed overseas. |
Farmers Insurance | Extends discounts for active and retired military personnel in participating states, with options to suspend certain coverages while deployed. |
Progressive | Offers savings for military members and veterans through bundling opportunities and occasional state-based discounts. |
Getting quotes from several home insurance companies gives you a clearer picture of what your policy may cost. Use our home insurance calculator below to quickly estimate rates based on your location, coverage needs and military status.
MoneyGeek’s home insurance calculator will give you a ballpark estimate of your cost — It's free to use, requires no personal information and we won't send you any spam.
Rates updated:
Oct 10, 2025
Although MoneyGeek partners with some of the companies we recommend, our content is written and reviewed by an independent team of writers, editors and licensed agents. Learn more about our editorial policies and expert editorial team.
USAA is the best homeowners insurance provider for veterans, earning a MoneyGeek score of 97 out of 100. It caters exclusively to military members, veterans and their families, offering policies tailored to military life, such as waived deductibles for covered uniform and equipment losses during active or Reserve duty.
For those prioritizing affordability, AIG Insurance is the cheapest option, averaging $91 per month or $1,090 per year for $250,000 in dwelling coverage. Other insurers like GEICO, Armed Forces Insurance (AFI) and Liberty Mutual also provide military-specific savings or deployment flexibility, giving service members and veterans a range of affordable, customizable home insurance choices.
Here are answers to common questions about finding the best homeowners insurance options for veterans and military families.
USAA is the best homeowners insurance company for veterans, earning a MoneyGeek score of 97 out of 100 and averaging $186 per month for $250,000 in dwelling coverage. It’s exclusive to military members, veterans and their families, offering benefits tailored to military life and deployment needs.
AIG Insurance offers the lowest average rate for veterans at about $91 per month, based on MoneyGeek’s analysis. However, availability and pricing vary by location, credit score, home value and claims history.
No. USAA membership is limited to active-duty military members, veterans with honorable or general discharges under honorable conditions, and eligible family members, such as spouses and children.
Yes. Insurers like GEICO, Liberty Mutual (through the Military Benefit Association), Farmers and Progressive offer savings or special programs for veterans and active-duty service members.
Military families benefit most from endorsements like replacement cost coverage, water backup coverage and identity theft protection. These options help protect property and finances during relocations, deployments and periods when the home may be vacant.
If you’re deployed, you can often adjust or suspend parts of your coverage, depending on your insurer. USAA, for example, allows you to convert to rental property insurance or add vacancy protection if your home will be unoccupied.
Why Trust MoneyGeek?
MoneyGeek analyzed homeowners insurance quotes from leading providers across the U.S., focusing on coverage options and costs that matter to service members, veterans and their families. By comparing rates across multiple locations and insurers, we provide accurate estimates to help military households find the best value and protection for their homes.
MoneyGeek evaluated homeowners insurance carriers using data and premiums sourced from Quadrant Information Services. Our research incorporates factors relevant to military families, such as affordability, coverage quality and flexibility during deployment or relocation.
Homeowner Profile
For our analysis, we created a representative homeowner profile with the following characteristics:
Homeowners Insurance Coverage Details
Unless otherwise noted, our comparison used these standard coverage limits:
We also gathered data for higher-value homes to identify the best options for veterans and military families seeking expanded protection, using limits of $1 million in dwelling coverage, $500,000 in personal property coverage and $1 million in liability coverage.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.
