We often don’t think about how much work goes into being a postal worker, from sorting all of the mail to making sure they get the right letter to the right person. Let’s be honest: most of us don’t have enough practice with handwriting these days.
This means we often don’t take enough time to ensure that everything is readable. And yet, everything still gets delivered to the people that matter to us. Thanks, postal workers. You’re the true champions.
Even if you’ve had a postal worker career for a while, you might not be aware of USPS auto insurance discounts or any other benefits that are found in a career as a letter carrier. That’s why we wanted to talk more about the inner workings of being a mail carrier, including some of the best financial perks.
The Health Insurance Benefits
Given that health insurance costs people so much money every month, it’s no surprise that this is one of the top benefits people search for when they’re looking for a job. The truth is that without employers stepping in to cover part of the costs, health insurance is pretty expensive.
You can go to any health insurance marketplace and see exactly what we’re talking about.
Most employers offer some health insurance coverage based on full-time employment, but the U.S. Postal Service takes it to the next level. Given that health insurance is based on the size of the group and the type of organization, it makes sense that the federal government can offer some pretty good insurance.
The best part of this health insurance coverage is that it includes not just low biweekly premiums but it does not exclude healthcare workers or their families with pre-existing health conditions.
In the past before the rise of the Affordable Care Act, people with medical health conditions like diabetes or high pressure ended up paying a lot of money for very poor healthcare coverage.
Lower Home Insurance Premiums
Like military service, government workers are well received by insurance companies. They are seen as sensible, less risky, and less prone to living in high-risk areas.
When it comes to buying a home, the location plays a role in how much your homeowner’s insurance premiums become. However, there’s a reason why the company will want to learn about your occupation.
Postal workers have stable jobs and incomes and receive discounts on rates because of this. Add in the fact that they aren’t usually living outside of their means with large houses, and you have a recipe for much lower premiums than the average person.
So, if you’re shopping around for home insurance or plan to move to a new home soon (don’t forget the moving service), make sure you tell them what you do for a living. Your job could hold more discounts than you think.
Car Insurance Discounts and Perks
Car insurance is one thing every driver has to have, and postal workers certainly can understand the driving aspect. Mail carriers have to drive the USPS vehicle to multiple locations, including many rural routes.
While the USPS handles the insurance concerns on this commercial vehicle, postal workers still have to have coverage for their own personal vehicles.
Here’s some good news: There are plenty of car insurance companies offering discounts just for postal workers and other federal government employees. Federal service is well respected and considered a positive factor in insurance underwriting.
Postal workers who handle mail in the field are tasked with not just delivering the mail but navigating a wide variety of hazards while on the road. This means they are trained to be sensible, responsible, and extra cautious from place to place.
They’re used to keeping their vehicles safe and secure, along with sensitive information. This translates into better deals on car insurance since insurance companies are always looking to have sensible and low-risk drivers as policyholders.
Other Overlooked Car Insurance Coverages for Postal Workers
There are a few coverages within the world of car insurance that often get ignored or overlooked, and it’s important for postal workers to ensure they’re making the most of not just their discount but their car insurance policy’s ability to protect them in the event of a serious accident.
While these coverages aren’t required, they are a helpful part of car insurance aside from just carrying collision and comprehensive coverage.
Uninsured/Underinsured Motorist Coverage
While it isn’t available in every state, uninsured and underinsured motorist coverage is very powerful. It is usually offered as one type of coverage that’s combined, with different coverages to choose from.
Uninsured motorist coverage protects you if you are in a car accident with someone who doesn’t have any car insurance at all. This means your insurance company essentially steps into the role the other insurance company would normally occupy to offer coverage.
But what if the other person has coverage, but it isn’t enough? That’s where underinsured motorist coverage protects you. This insurance kicks in when the other person’s policy limits are fully exhausted, leaving your insurance company to cover the difference to handle damages.
As the name implies, medical payments kick in to offer payment toward qualified medical expenses. Now, even though postal workers have great health insurance, there are still out-of-pocket expenses to handle. Medical payments can kick in after an accident to help reduce these expenses or even eliminate them completely depending on the costs.
Better Life Insurance Premiums
While the government does offer life insurance offerings, some people do like to search on their own for life insurance coverage. It is often a difficult subject, as no one really wants to think about a time when they might not be able to take care of their loved ones.
Still, life insurance is a powerful tool to protect your family even when you’re no longer alive.
Postal workers get to enjoy reduced rates on life insurance premiums as well. Not every company offers better premiums, but some do. If you’re trying to make sure you have 250K life insurance that you can take with you if you ever decided not to be a postal worker, this would be a path to explore.
Postal Workers Valuably Serve Our Communities, Rain or Shine
Thinking about becoming a postal worker? While the work isn’t easy, it’s rewarding to know you provide a service so many Americans rely on every single day. After all, it isn’t UPS that is bringing those handwritten letters and cards from family and friends.
We need postal workers more than ever, and the financial perks waiting for these workers are well deserved indeed.