Not really sure. But with USAA I receive an annual Subscribers Distribution and a Senior check each year. Typically, these amount to between $1K to $1,000 early. I might be the only guy happy with his insurance company. But I’ll keep my eyes open just the same.
I received notice from USAA yesterday that my home insurance is going up.
Their reason is that the cost of replacement materials has gone up.
My auto insurance from them has also gone up.
They claim that repair costs have gone up.
I also joined USAA in 1979.
They were a great company then.
They have lost their way.
They are a car insurance company for military Officers that was too successful.
They lost track of their owners.
Everything became about San Antonio and their employees (retirement homes, amusement parks, etc…).
They panicked about the force drawdown and opened up the membership and spent untold amounts of money advertising.
Now, they want to take the cash and use it for their favorite social causes instead of returning it to the owners.
The day-to-day operations of USAA are now run by civilians; some of whom spent a few years in the military.
It is not the same company as in 1979.