Navy Federal does not offer car insurance directly. Navy Federal is a credit union, not an insurance company, so they can’t offer auto insurance themselves. Instead, Navy Federal Credit Union partners with Geico and can facilitate discounts on Geico car insurance for NFCU members.
Navy Federal members might be eligible for discounts with Geico due to their military service. New Geico customers who are also military personnel can save up to 15% on their policy, whether they’re active or retired from service.
Additionally, Navy Federal members can save on Geico insurance for a stored car while deployed – up to 25% off their regular premium. Maintaining some form of insurance coverage, even if your car is in storage, saves you money in the long run, since insurance companies prefer that customers have a long record of uninterrupted coverage with no lapses.
Aside from members being eligible for Geico discounts, the closest thing to Navy Federal car insurance is the coverage for rental cars offered by Navy Federal Visa credit cards. Cardholders who pay for a rental with a Navy Federal Visa card and decline the rental company’s waiver are covered for damage resulting from theft or a collision, up to the full value of the car. Coverage lasts for up to 15 consecutive days in the U.S. or up to 31 consecutive days in a foreign country. There are some exceptions, though – trucks, some vans, and exotic cars aren’t covered by Navy Federal’s rental car insurance policy.
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