Usaa
06-15-2014 | 07:47 PM
#261
Gets Weekends Off
Joined: Apr 2013
Posts: 4,556
Likes: 397
Yep, sorry, I stand corrected. The only shareholders are us. I should do my research before shooting my mouth off. I just assumed with the slick commercials that they were seeking profits for someone outside the company.
Thanks for the advice above, especially CheapTrick. I may take a hard look at what I have left with them (banking, homeowners, auto) when I do retire from the Navy in a few months. OKC got hit hard by weather over the last 5 years, so homeowners is getting very expensive in this area. USAA has raised my rates by about 500/yr for the last two years and I think that is fairly typical of this area. I did get some quotes about a year ago and USAA was still lower by a few hundred bucks.
Thanks for the advice above, especially CheapTrick. I may take a hard look at what I have left with them (banking, homeowners, auto) when I do retire from the Navy in a few months. OKC got hit hard by weather over the last 5 years, so homeowners is getting very expensive in this area. USAA has raised my rates by about 500/yr for the last two years and I think that is fairly typical of this area. I did get some quotes about a year ago and USAA was still lower by a few hundred bucks.
06-16-2014 | 01:52 AM
#262
Gets Weekends Off
Joined: Jul 2006
Posts: 593
Likes: 0
From: Left Seat, Toyota Tacoma
Thought about USAA changing its client demographics. As we all have seen on this thread, USAA has expanded its services first from officers, then NCOs, and then family members and just about everyone else. Could it be that most military members live in higher risk areas that are subject to more severe weather, and that the company is trying to spread out its risk more evenly? Just take a look at the number of bases in FL, then there's tornado alley in TX and OK, and bases running all the way up the east coast that are subject to both hurricanes and blizzards/ice storms.
06-16-2014 | 07:38 AM
#263
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Joined: Jul 2012
Posts: 629
Likes: 0
From: A350
Thought about USAA changing its client demographics. As we all have seen on this thread, USAA has expanded its services first from officers, then NCOs, and then family members and just about everyone else. Could it be that most military members live in higher risk areas that are subject to more severe weather, and that the company is trying to spread out its risk more evenly? Just take a look at the number of bases in FL, then there's tornado alley in TX and OK, and bases running all the way up the east coast that are subject to both hurricanes and blizzards/ice storms.
06-17-2014 | 06:06 PM
#264
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Joined: Aug 2011
Posts: 484
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Well, when they changed from officers and even officers & top-3 to all the 18-24 year olds, the risk pool changed dramatically. Now it's wide open if your dog was in the military, so the risk is all over the place...
06-23-2014 | 01:27 PM
#265
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Joined: Nov 2008
Posts: 293
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I added a third car to my USAA policy. My monthly rate went from $131 to $181. Ouch! Switched to Geico and got the same policy for $139. Will probably start shopping to change my homeowners insurance, any suggestions?
06-23-2014 | 02:02 PM
#266
Gets Weekends Off
Joined: Mar 2008
Posts: 13,843
Likes: 1
From: FAA 'Flight Check'
I was happy with Liberty Mutual in my area - and I bundled with them at a better rate than USAA, but it seems that shopping around every couple of years keeps the rate hikes in check.
06-24-2014 | 04:26 PM
#268
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Joined: Sep 2006
Posts: 3,717
Likes: 0
From: Retired
If you're happy with Geico, why not use them for your homeowners too. That way, they can give you a multi-policy discount, thereby lowering both your car as well as your home insurance bills.
06-25-2014 | 01:49 AM
#269
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Joined: Dec 2013
Posts: 56
Likes: 0
From: B717
John 3,
I purchased a 30 yr term with an option to add coverage to replace the SGLI when I retire. No issues, and the add-on doesn't require an additional physical, just a premium adjustment. It is a better option than the VGLI, but I am sure there are other companies out there with equivalent policies.
I purchased a 30 yr term with an option to add coverage to replace the SGLI when I retire. No issues, and the add-on doesn't require an additional physical, just a premium adjustment. It is a better option than the VGLI, but I am sure there are other companies out there with equivalent policies.
07-29-2014 | 01:01 PM
#270
Line Holder
Joined: Jan 2007
Posts: 454
Likes: 1
From: B717 CA
The saga continues--I just replaced my USAA renter's insurance after consecutive yearly rate hikes of 105% and 73%. The lady I cancelled with gave me the standard "Yes, I see there have been some rate increases in your state." Only two homeowner's policies left to get rid of before I'm completely done with USAA.
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