The Federal government employs about one per cent of all the workforce in the United States. Over 70% of that one percent work in the defense-and-security segment. There are also 16 million people employed by the state and local governments. It doesn’t matter if you work at the federal, regional, or state level. Car insurance for government employees can be worth looking into.
It’s worth taking the time to find out if discounts are available for employees of federal agencies. However, there are other ways you can save on premiums.
What does it mean to be a government employee?
A wide variety of professionals can be considered “government employees”. Although you might see military personnel and educators included in this type of employment, a government employee is generally someone who works for the local, state, or federal government. There are many government agencies like the Department of Defense and Department of Transportation. There are many service agencies that can work at a local or regional level, including those working with utilities and transit.
How much does government employee car insurance cost?
There is no one rate that is more expensive for government employees than the others, but rates are determined by a variety of factors. You may be entitled to discounts if your employer (e.g. the government) is involved.
Based on full coverage policies, the national average car insurance rate is $1,674 annually. Your age, zip code and driving record, as well as your credit score, could impact your rate. You should get quotes from multiple carriers, regardless of who you work for. Rates can vary widely between carriers.
Government employees get discounts
Geico is one of the many carriers that offer discounts to government employees. Geico offers a 12% discount for federal employees. Additional savings are offered by other carriers such as Travelers or Farmers for certain employees. However, you will need to call to verify if you are eligible.
Remember that discounts may not be given for your type of work, but only if you are a member of a particular professional association. You may be eligible for a discount if your group is the Federal Managers Association, Federal Law Enforcement Officers Association, or any other group.
Government employees might be eligible for additional savings for a variety of reasons. First, they may be considered less dangerous drivers by carriers. The second is that government employees are often eligible for multiple benefits as well as steady salaries. This could make them a great candidate for auto insurance.
How can I find out if a carrier offers a discount for government employees?
A licensed agent can help you determine if there is a discount for government employees. You should be able to find out if you are eligible based on your employment. You can also compare different carriers and search for the discounts online or by calling customer service.
Questions frequently asked
How can I save the most on my car insurance premiums
Discounts are a great way of saving, but there are also other ways to lower your premiums. Compare multiple carriers to find the best rates. Every carrier takes into account your personal information to determine your rates. Your rates will vary with each carrier. If you want to add collision and comprehensive coverage to your policy, raise your deductible. Your premiums will be lower if you have a higher deductible.
What amount of car insurance do you need?
You must ensure that you have enough coverage to cover your state’s minimum requirements. Although you are legally allowed to drive in most areas, having only the minimum coverage is not sufficient. Insurance experts recommend that you purchase as much coverage as you can afford, particularly when it comes liability insurance. If you can afford it, you should consider purchasing higher liability coverage. This will provide you with greater financial protection in the event of an at-fault incident.
