Are you a federal government employee? You may be eligible for discounts on your home insurance premiums! Independent insurance agents are here to help you explore the various options available, so that you can take advantage of the savings and add to your budget surplus. Read on to learn more about this unique benefit for federal workers.
Insurance companies provide a discount on home insurance policies for federal government employees as a way to show their appreciation for the work you do. Depending on the insurance provider, you may receive a discount if you work in any branch of the federal government; from IRS to FBI to USPS.
The availability of discounts varies by insurance provider, so it is important to research the best home insurance company for your individual needs. Some of the most prominent providers who offer discount programs for federal government employees include Geico, Nationwide, Liberty Mutual, and State Farm. It is also possible to find smaller regional or local companies that provide additional discounts or incentives.
Requirements for eligibility vary by provider, so it is important to review the details of the policy with your insurance agent. Generally speaking, active duty military, veterans, retirees, government contractors, and civil service employees may qualify. Each provider will have different requirements defining what constitutes a “federal government employee”; for example, some insurance companies may require proof of a valid federal government ID. Additionally, some providers offer discounts for military bases, so those serving in the armed forces stationed at specific military installations may be eligible.
The amount of savings you can receive will depend on the insurance company. Savings often range from 5-15% of the total cost of your premium, which can add up quickly. On average, homeowners insurance policy premiums tend to range from $600-2000 per year, depending on location and the size and value of your home. For example, if your policy costs $1500 annually, you could save up to $225 by taking advantage of the federal government discount.
You may also be eligible for discounts for other types of insurance policies, not just homeowners insurance. Auto insurance is the most common type of policy that offers a discount, but other coverage may be included as well, such as life insurance, commercial property insurance, umbrella policies, and more. Again, your eligibility will depend on the provider, so it is important to check with your independent insurance agent.
The benefits of being a federal government employee can extend beyond your paycheck. By taking advantage of the variety of discounts available, you can maximize your savings and protect your family. Our independent insurance agents can help you find the right provider and policy for your needs, so you can get the coverage you need at the price you want. Request a quote today and start saving!