USAA (home,car,etc) insurance. In '60, wonderful. Now? - alt.home.repair

Message from discussion USAA (home,car,etc) insurance. In '60, wonderful. Now?

JimR

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More options Jun 26 2008, 10:18 pm

Newsgroups: alt.home.repair

From: "JimR" <j...@invalid.net>

Date: Thu, 26 Jun 2008 15:18:19 -0400

Local: Thurs, Jun 26 2008 10:18 pm

Subject: Re: USAA (home,car,etc) insurance. In '60, wonderful. Now?

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"David Combs" <dkco...@panix.com> wrote in message

news:g3vej5$29t$1@panix2.panix.com...

> Way back in the 60's, while I was in the army, I signed
> up for USAA.

> Back then, it had a *very* good reputation.

> Recently, I heard a disturbing story or two, about how
> when claims were made, they paid out *far* less than
> expected.

> Roughly what experience can one expect, *these days*?

> ---------------------------

> We live in New York state -- but also have a (very) small
> condo down in Florida (Sarasota).

> So, anyone have experience with USAA in Florida?

> Thanks!

> David

Ii've been with USAA for almost 50 years, and have always had great success.
On one occasion they paid off a $100K HHG claim when a warehouse burned down
during a PCS move -- I had upgraded the coverage from $50K to $100K two days
before the moving company picked up my stuff. I also get a semi-annual
rebate check from them -- the last one was for several hundred dollars.
They also have recently received a repeat reward for outstanding customer
service -- #1 among all companies in the U.S.

However, they probably won't cover your condo -- because of problems with
the Florida government's effort to control insurance prices, USAA has
stopped writing home coverage in Florida except for active duty military on
orders to this state. They have also cancelled all coverage on second homes
in Florida, driving a lot of people to the state-owned insurance company.

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