Best Homeowners Insurance for Veterans


Key Takeaways
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USAA is the best homeowners insurance for veterans, earning a 4.80 out of 5 MoneyGeek score, thanks to a perfect customer experience rating and a monthly premium 31% below the national average.

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AIG Insurance is the best runner-up for veterans who prioritize affordability, with a monthly premium of $91, 67% below the national average, and a perfect 5 out of 5 coverage score.

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GEICO, Armed Forces Insurance (AFI) and Liberty Mutual also offer homeowners insurance discounts specifically for active-duty military and veterans.

Our Picks for the Best Home Insurance for Veterans

USAA and AIG Insurance are the best homeowners insurance providers for veterans, earning MoneyGeek scores of 4.80 out of 5 and 4.77 out of 5 respectively. USAA ranks first overall on the strength of a perfect 5.00 out of 5 customer experience score and an average annual premium 31% below the national average. 

AIG Insurance takes the runner-up spot with the best affordability score among all reviewed providers and an average annual premium of $1,089, 67% below the national average.

USAA

USAA

Best for Veterans & Military Members

MoneyGeek Rating
4.8/ 5
4.7/5Affordability
5/5Customer Experience
4.7/5Coverage Points
  • Average Annual Premium

    $2,234
  • Number of Endorsements

    8
  • Number of Discounts

    5
AIG

AIG

Cheapest for Veterans & Military Members

4.8/5Affordability
4.2/5Customer Experience
5/5Coverage Points
  • Average Annual Premium

    $1,089
  • Number of Endorsements

    4
  • Number of Discounts

    Unknown
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MONEYGEEK EXPERT TIP

Each insurer weights risk, claims history and coverage features differently, which is why home insurance rates vary across carriers even for the same property.

Home Insurance Companies Offering Military Discounts

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.
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.
Extends discounts for active and retired military personnel in participating states, with options to suspend certain coverages while deployed.
Offers savings for military members and veterans through bundling opportunities and occasional state-based discounts.

Veteran & Military Homeowners Insurance: Other Endorsements

Military families have additional variables that standard policies don't address by default: frequent relocations, extended vacancies during deployments and property maintained by others. Several endorsements are specifically designed for those situations.

Replacement Cost Coverage
Provides payment to replace lost or damaged items with new equivalents rather than their reduced, depreciated value, making it a smart choice for military families that relocate 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
Provides extra dwelling coverage when rebuilding costs exceed your policy limit, helping protect against inflation or higher construction expenses during deployment.
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
Provides coverage for underground utility lines that need repair or replacement, such as water, gas or electrical systems owned by the homeowner.

Best Military Homeowners Insurance: Bottom Line

USAA is the best homeowners insurance for veterans, earning a 4.80 out of 5 MoneyGeek score on the strength of a perfect customer experience rating and an average annual premium 31% below the national average. Veterans who want the lowest possible rate should consider AIG Insurance, which costs $1,089 per year on average, 67% below the national average, with perfect scores for both affordability and coverage. GEICO, Armed Forces Insurance and Liberty Mutual also offer military-specific discounts worth comparing before you buy.

Veteran Home Insurance: FAQ

Here are answers to common questions about finding the best homeowners insurance options for veterans and military families.

What is the best homeowners insurance company for veterans?

Who offers the cheapest homeowners insurance for veterans?

Can non-military members get homeowners insurance from USAA?

Do veterans qualify for home insurance discounts from other insurers?

What coverage options are most important for military families?

What happens to my homeowners insurance if I’m deployed overseas?

Military Home Insurance Rates: Our Methodology

MoneyGeek analyzed homeowners insurance quotes from carriers across the U.S. using rate data from Quadrant Information Services, weighting factors most relevant to military families: affordability, coverage quality and flexibility during deployment or relocation. Quotes are based on a standard homeowner profile with good credit (769 to 792), a wood-frame home built in 2000 with a composite shingle roof, and coverage limits of $250,000 dwelling, $125,000 personal property, $200,000 personal liability and a $1,000 deductible. We also gathered data for higher-value homes using $1 million in dwelling coverage, $500,000 in personal property coverage and $1 million in liability coverage. 

Learn more about MoneyGeek's home insurance methodology.

About Mark Fitzpatrick


Mark Fitzpatrick, Licensed P&C Insurance Expert, MoneyGeek

Mark Fitzpatrick, a Licensed Property and Casualty (P&C) Insurance Producer in Connecticut, is MoneyGeek's resident insurance expert. He has spent nearly a decade analyzing the market, first at LendingTree and now at MoneyGeek, where he produces original research on hundreds of carriers and millions of rates across auto, home, renters, health and life insurance.

He covers economics and insurance at MoneyGeek, and his work has been featured in The Washington Post, The New York Times and NPR, among other outlets.

Like all MoneyGeek analysts, he draws on independent cost and consumer experience data. No insurance company partnership influences his recommendations.

Fitzpatrick earned his degrees from Johns Hopkins University (M.A. Economics and International Relations) and Boston College (B.A.). His career began in financial risk management at State Street. He's also a five-time “Jeopardy!” champion.