If that insurance company can afford such an expenditure-—they can rebate that back to their existing clients.
Translated, USAA board members unilaterally decide to piss away $50 million of share holders and policy holders money.
Somebody should just hang.
I knew I was involved with a piece of $hit company when I complained about their continued support of the NFL a few years ago. They wrote me back and basically said, “Pee up a rope”.
They also have a facebook page where you can share your thoughts about this decision.
It is going to be a pain in the ass but I am going to, after 55 years, close all my accounts and mover them elsewhere. I have children and grandchildren who have legacy accounts with USAA to whom I will let this be known and suggest they give some thought about if they want their premium dollars, and bank assets being used so USAA can with our money be a SJW.
i just found this thread after having an absolutely atrocious 4 month long experience with USAA involving damage to my car by another big self insured company which ended up with my email messages (including to ceo wayne peacock, wayne@usaa.com) apparently going nowhere (certainly not, so i was told, to my customer file with them), the other company paying nothing, usaa paying the minimum to get my car fixed with a large deductable, as if i was at fault.
this is in california.
i went online this evening and found many online complaints along with the social justice shakedown stuff.
i want to move away from usaa as soon as possible.
which is the best insurance company to move to?
i also have had bad experiences with allstate.
how about farmer’s? i cannot recall having any bad experience with them.
or else, aaa?
i need the name of the best insurance company out there.