USAA Membership and Other Insurance (home owners insurance, military, home, retired)

[The Dissenter]

Originally Posted by poster

And the spouses and children of current and former USAA members are eligible. Good company!

Yes, I got in under my dad's membership and they saved me over $60 a month in car insurance. I'd love to do other things with them such as banking and rental insurance for my first apt in a couple of years.

[BlueyedCat]

Originally Posted by Poncho_NM

I have had very good service with USAA with various insurance, vehicle and home for over 20 years. My daughter was able to eventually get USAA after we carried her for a while. We also do our banking with them and financed our last vehicle through them...


Rich

We also have everything with them. Great company with many extras.

[TheJagMan]

Originally Posted by Poncho_NM

Some facts:

"USAA was founded in 1922 by a group of U.S. Army officers to self-insure each other when they were unable to secure auto insurance due to the perception that they were a high-risk group"

"But USAA has always been an exclusive club. When it was set up in 1922, only officers were eligible. In 1996, the company began including enlisted men and women."


Rich

Thanks. I was too vague...To clarify, I'm sure they constantly change eligibility requirements all the time. Up until summer of 2006, the banking and credit products were open to anyone. The insurance and investment products were reserved to military members who showed proof. I open my account in the very early 2000s when I was not military and didn't have a problem. Credit forums (Experian, Trans union Equifax) are the only source I can find that state USAA was open to all.

[Kalbo]

Does anyone worry USAA is getting to big?

[Poncho_NM]

Originally Posted by Kalbo

Does anyone worry USAA is getting to big?

I don't worry about it.... I have enjoyed their services for many years, my worrying would not help at all. My whole life is not tied up with USAA, but I use many of their services (even their florist services). But I would not hesitate to drop them quickly like a "hot potato" if they went awry...


Rich

[FLPL75]

Here is a link that will tell you which products and services you would be eligible for

For example USAA banking & life insurance products are available to non military but not the Auto or home insurance products

https://www.usaa.com/inet/ent_utils/...se=eligibility

[Poncho_NM]

Originally Posted by TheJagMan

Thanks. I was too vague...To clarify, I'm sure they constantly change eligibility requirements all the time. Up until summer of 2006, the banking and credit products were open to anyone. The insurance and investment products were reserved to military members who showed proof. I open my account in the very early 2000s when I was not military and didn't have a problem. Credit forums (Experian, Trans union Equifax) are the only source I can find that state USAA was open to all.

Even some of their banking services were not available everyplace, like in PA for example which had an old law to prevent auto insurance companies from being in the position to make a car loan.


https://www.usaa.com/inet/ent_utils/...igibility_main

Military veterans includes:

• Retired officers and enlisted personnel.
• Former officers and enlisted personnel who separated and were honorably discharged.

The following products are available to military veterans:
Product Availability Insurance All products Banking All products Investments All products Shopping and Discounts All products

(You have to go to the web site to see)

And last but not least: The company began as "United States Army Automobile Association" in 1922 and a few years later was changed to "United Services Automobile Association", and much later in the 70's(?) changed to USAA (Sort of like IHOP and KFC did).



Rich

[macjr82]

Originally Posted by Kalbo

Does anyone worry USAA is getting to big?

As it's membership grows doesn't potentially mean lower rates, or at the very least maintaining of current great rates.

[texdav]

I would think that as more of the veterans from WWII are passing and less people actually serve that they would not increase memebership but might have started losing memebership. Much as credit union dd before openig up to more people than unions members.

[Balad1]

Just in case some Veterans haven't heard USAA membership has opened up to include any Veteran that has honorably served.

For those that don't know USAA is a large member owned insurance (auto, home, life) and financial company. They are one of the most highly rated companies in the U.S. Their rates are normally always cheaper and their customer service is second to none.

I don't work for USAA, I'm just a satisfied 25 year customer that wants to pass this good news on to other Veterans.

https://www.usaa.com/inet/ent_logon/Logon