Does Navy Federal have good car insurance?

The Navy Federal credit card approval requirements include a credit score of at least 700, in most cases; this is considered “good” credit. Other Navy Federal credit cards require a credit score of 750, i.e. excellent credit. Ultimately, Navy Federal also offers options for people with bad credit. You also have to be an NFCU member to apply for one of their credit cards.… read full answer

Perhaps most importantly, Navy Federal will also verify your credit history and ability to pay. Your credit score, income, debt level and other factors will help determine if you’re approved. This information will also play a role in setting your interest rate and credit limit.

Navy Federal Credit Card Credit Score Requirements

• Navy Federal Credit Union Visa Signature® Flagship Rewards Credit Card: 750 (Excellent credit).
• Navy Federal Credit Union cashRewards Credit Card: 700 (Good credit).
• Navy Federal Credit Union GO REWARDS® Credit Card: 700 (Good credit).
• Navy Federal Credit Union Platinum Credit Card: 700 (Good credit).
• Navy Federal Credit Union More Rewards American Express® Credit Card: 700 (Good credit).
• Navy Federal Credit Union nRewards® Secured Credit Card: 300 (Bad credit).

What Makes You Eligible for NFCU Membership

To apply for a Navy Federal Credit Union credit card, you also have to be an NFCU member. To be eligible for NFCU membership, you or one of your family members must have ties to the armed forces, National Guard or Department of Defense. This includes active-duty personnel, officer candidates, reservists and veterans. If none of these apply, call (888) 842-6328 or visit a local Navy Federal branch for assistance.

Information Required for Navy Federal Credit Card Applications

There is a lot of information required on NFCU credit card applications. You will have to provide your name, address and birthdate, for starters. The address must be a physical U.S. location and not a P.O. Box. You also need to list either your Social Security Number (SSN) or Individual Tax Identification Number (ITIN). Applicants must be U.S. citizens and at least 18 years old to be eligible. If you’re under 21, you need proof of an independent income sufficient enough to make payments.

All applicants must include their employment status, monthly rent or mortgage payment, and annual income. You don’t need a full-time job to qualify for a card, but you will need to report the sources of any income. This could be part-time salary or wages, rental income, retirement benefits, interest and/or dividend income, and more.

Yes, Navy Federal Credit Union does offer travel insurance. Rental car insurance is the most common Navy Federal Credit Union travel insurance benefit. Some Navy Federal Credit Union credit cards also offer travel accident insurance and lost luggage reimbursement coverage. To be eligible for travel insurance coverage, you’ll need to pay for your travel using your Navy Federal Credit Union credit card.… read full answer

Most cards also benefit from travel emergency assistance, which enables you to connect with your benefits administrator for medical and legal referrals, along with other travel arrangements.

Navy Federal Credit Union Credit Cards with Travel Insurance

Check the guide to benefits that came with your Navy Federal Credit Union card to see which types of travel insurance are included with your card. Please note that some Navy Federal Credit Union credit cards are issued either as Mastercard or Visa cards depending on the network you choose at the time of applying, or your assigned credit limit. The guide to benefits will also show coverage amounts and other details on each of your travel insurance benefits.

Yes, Geico's military insurance discounts offer savings on coverage for members of the military community. Geico also has a dedicated military customer service team, staffed with veterans from all military branches who are available to answer questions 24/7 at 1-800-MILITARY (645-4827).

Active duty, reserve, retired military, and National Guard customers can get savings of 2% to 15% off Geico's regular car insurance premiums in all states except Georgia, Indiana, Maine, Massachusetts, Michigan, Mississippi, New Jersey, New Mexico, Tennessee and Texas. In these states, military insurance discounts are limited or prohibited.… read full answer

Geico also offers affiliation discounts of up to 25% off its regular premiums for members of the Association of the United States Army, the Fleet Reserve Association, and the Armed Forces Benefit Association.

If you are active duty military and deployed to an “imminent danger pay” zone, your policy can be up to 25% cheaper under Geico’s emergency deployment discount program.

Wherever you are deployed, there are other ways to save if you leave your car in the U.S. in an approved, secure location, such as on base. You may be eligible for up to 70% off your full coverage premiums. For example, Geico may be able to suspend your liability and personal injury protection coverage and leave only property damage insurance — collision and comprehensive — on the car. Leasing and financing companies normally require at least property damage coverage, even if you aren’t using the vehicle. However, without liability coverage, no one can legally drive the car during this period – neither your family nor you, if you come home on leave.

Finally, if you are deployed for 30 days or more, Geico may be able to suspend all of your car insurance. This does leave you open to losses if your car is damaged for any reason. However, it is better than cancelling your policy, because you will not have to turn in your tags and then re-register and re-insure the car when you return.

Geico Military Benefits:

• Military premium discount of 2% - 15% in most states
• Affiliation discounts for members of military organizations
• Special deployment perks, such as savings for safe vehicle storage
• Dedicated customer service line - 1-800-MILITARY (645-4827)