USAA, or the United Services Automobile Association, is a financial services company that was founded in 1922 by a group of U.S. Army officers. Today, USAA is one of the largest financial services companies in the world, with over 13 million members and a wide range of products and services, including insurance.
In this article, we’ll take a closer look at USAA insurance company, including its history, products, and customer satisfaction ratings.
History of USAA Insurance Company
USAA was founded in 1922 by a group of 25 U.S. Army officers who were having difficulty obtaining auto insurance due to their high-risk professions. These officers came together to form USAA, a mutual insurance company that would provide affordable auto insurance specifically for military members.
Over the years, USAA has expanded its offerings to include a wide range of insurance products, including home insurance, renters insurance, life insurance, and more. Today, USAA is a Fortune 500 company and one of the largest financial services companies in the world.
USAA Insurance Products
USAA offers a wide range of insurance products to its members. Some of its most popular insurance products include:
- Auto Insurance: USAA offers auto insurance coverage for cars, trucks, and motorcycles, with options for liability coverage, collision coverage, and comprehensive coverage.
- Homeowners Insurance: USAA offers homeowners insurance coverage for single-family homes, townhomes, and condos, with options for property damage, liability coverage, and more.
- Renters Insurance: USAA offers renters insurance coverage for apartments, condos, and rental homes, with options for personal property coverage, liability coverage, and more.
- Life Insurance: USAA offers life insurance coverage for individuals and families, with options for term life insurance, whole life insurance, and more.
USAA also offers a range of other insurance products, including pet insurance, travel insurance, and more.
Customer Satisfaction Ratings
USAA has a strong reputation for customer satisfaction, consistently ranking highly in customer satisfaction surveys conducted by industry experts. In fact, USAA has been ranked the number one insurance company for customer satisfaction by J.D. Power every year since 2007.
USAA’s high customer satisfaction ratings are due in part to its focus on providing personalized service to its members. USAA employs a team of insurance agents who are dedicated to helping members with their insurance needs, and its website and mobile app are designed to make it easy for members to manage their policies and file claims.
Final Thoughts
USAA insurance company has a long history of providing affordable insurance products to military members and their families. With a wide range of insurance products and a focus on personalized service, USAA is a top choice for many people when it comes to insurance. If you’re looking for insurance coverage, consider checking out USAA and see if it’s the right fit for your needs.