The U.S. News network recently ranked USAA Auto Insurance as the country's number-one motor vehicle insurance company for the second year. These rankings were inspired by a growing body of positive reviews from the company's past clients.
If you've been considering taking up USAA auto insurance coverage but weren't sure if it was a great idea, this article is for you. Read on for a comprehensive review of USAA auto insurance.
What Is USAA Auto Insurance?
USAA auto insurance is an automobile insurance service offered by a company of the same name. The United Services Automobile Association (USAA) is an American Fortune 500 company that provides financial products. The company was founded on June 20, 1922. It was initially known as the United States Army Automobile Association before changing its name in 1924.
The USAA is headquartered in San Francisco, Texas. However, it provides its services worldwide. For instance, if you're residing in the southeastern part of the country, you don't have to look far to buy cheap New Mexico auto insurance, as many prestigious outlets operate in the state.
What Products Does USAA Offer?
USAA auto insurance coverage falls into four distinct categories. They include comprehensive insurance, collision insurance, liability insurance, and uninsured and underinsured insurance.
Comprehensive insurance helps pay for repairing or replacing your damaged vehicle in the event of accidents beyond your control.
A comprehensive insurance policy is fundamental if you frequently lease or rent out your car.
- Freaks of nature, such as floods, hail, hurricanes, and storms
- Falling objects, such as construction debris and tree branches
- Fires and explosions
- Theft and vandalism
- Accidents involving animals
What's Not Covered
- General wear and tear
- Damage resulting from poor road conditions, such as potholes and low visibility
- Collisions with stationary objects, including parked cars
- Theft of belongings inside your vehicle
As the name implies, collision insurance mainly helps you bear the financial burden of repairing or replacing your car if it's damaged in a car crash. The policy may also cover accidents other than those caused by collisions.
Anyone who owns a motor vehicle is eligible for a collision insurance policy.
- Motor vehicle collisions
- Pothole-related damages
- Damages from driving into stationary objects
What's Not Covered
- Weather-related events
- Medical bills
- Incidents unrelated to driving, such as theft and vandalism
- Damage caused to other people's cars and property
USAA's liability auto insurance helps you pay for the damages if you cause a car accident. The policy covers both property damage and bodily injuries.
Like collision insurance, liability insurance is essential for any car owner or regular motorist.
- The other driver's medical bills
- The other driver's physical and emotional suffering
- The other driver's lost workplace productivity
- Associated attorney defense fees if the incident results in a lawsuit
What's Not Covered
- Your medical bills
- Your physical and emotional suffering
- Your lost workplace productivity
- Repairs to your vehicle or other damaged property
Uninsured and Underinsured Insurance
Uninsured and underinsured motorist coverage helps pay for the damages caused to you in an accident that's not your fault. This policy usually kicks in when the other driver's limits cannot pay for the full damage or during hit-and-run situations.
Uninsured and underinsured insurance is recommended if you already have any of the three policies mentioned above.
- Damages and injuries caused by hit-and-run drivers
- Damages and injuries caused by a driver without liability insurance
- Damages and injuries caused by an underinsured driver
What's Not Covered
- Damages and injuries you're legally responsible for
- Damages and injuries resulting from theft or vandalism
How Much Does USAA Car Insurance Cost?
USAA is one of the most affordable motor vehicle insurance companies in the United States. The company charges an average annual premium rate of $1,000.
However, as you might expect, numerous factors will determine your actual USAA premium. Common ones include;
- Your age
- Your location
- Your driving records
- Your credit history
- The value of your car
- The type and number of policies you purchase
Your premium value will also depend on your deductible. A deductible is the minimum amount you must pay before an insurance policy takes effect.
USAA's deductibles typically range from $250 to $500. But depending on certain factors, you could be entitled to deductibles as high as $1,000 or even more. Note that lower deductibles generally translate to higher premiums.
By way of illustration, let's say you're subject to a $250 deductible, but your car is accidentally hit by construction debris resulting in damage worth $1,000. You'll only pay your deductible amount and have the balanced offset by your USAA auto insurance.
Like most established auto insurance companies, USAA offers amazing discounts that can lower your insurance costs further. These discounts are availed under defined packages, such as;
- Military On-Base Discount
- Clean Driving Record Discount
- Good Student Discount
- Basic Driver Training Course Discount
- Anti-Theft Devices Discount
- Loyalty Member Discount
What Are Other Things to Love About USAA?
USAA offers a slew of auto services besides insurance. The most notable of these is roadside assistance.
You can avail of roadside assistance services by dialing the number 800-531-8555. Just ensure you've already registered for this service.
USAA is available in all states as well as in Washington, D.C. The company's rates are consistent across the board, except in jurisdictions with special insurance regulations.
USAA is accessible both online and offline. Online clients can avail of the insurer's website by heading to its official website. There's also the option of downloading the company's app from the Google Play Store or the App Store.
The USAA app lets you enjoy nearly all primary services available through the insurer's website. These include paying bills, getting ID cards, requesting roadside assistance, and filing a claim.
USAA has garnered pretty decent reviews across multiple review websites. It currently has a rating of 4.2 stars with over 190,000 reviewers on the Google Play Store and 4.8 stars with over 1.5 million on the App Store.
USAA is one of America's best auto insurers regarding product variety, affordability, and accessibility, among other areas. Depending on your needs, it might be a great option for those looking for coverage with military-focused options (and eligibility status). Additionally, it receives high marks for customer satisfaction.