USAA asked me if I was inside 2500ft. from the Trent River, if I had any claims(last year $8800), will have to call me back tomorrow to see if I can get homeowner's thru underwriter. I have not been able to get it since 2002 with USAA.
I mean based solely on location and prior damage, assuming credit worthiness..
I said also.
I have a friend who made a claim and was dropped as soon as it was settled. Because they were dropped, after *one* claim, they had to go with some 'fly by night' company and pay absurd rates.
That was probably 2005 or so (the years tend to blend after awhile lol). They didn't have USAA to begin with, but all companies have always done that.
Even in other states. A friend lost their house to a fire. They had made a claim or two over the last few years. They were told they were too high of a risk and got dropped. They also had to pay absurdly high rates for insurance. This went on for a certain number of years. After they were claim free for so many years, they could get 'decent' rates again. I remember how excited she was when that year came. This was in TN.
All I am saying is that it is NOT only USAA who does these things. Any time you make a claim, you have to consider if it is worth it. You make too many claims, in so many years, you take the chance of being dropped. Once you are dropped, you may have trouble finding insurance.
When my husband had orders to Beaufort, SC, we still had USAA for home owners insurance. I called them to inquire about renter's insurance down there. I was told they wouldn't insure in two areas likely to be hit by a hurricane. That is when I decided to leave USAA. Nationwide said they didn't have that policy. that being said, I would still never tell anyone that USAA wouldn't do it. They wouldn't do it for US. Not everyone is in the same situation as us. I would tell them to call and find out for themselves.
I was once told that State Farm no longer does home owners in this area, when we were buying our home. That is when we switched to USAA. State Farm would have written our home owners. I believed someone else instead of calling.
Again, every situation is different. If I don't work for a company, I will not quote something as fact unless I can find it on their website.
It's because they use the states underwriters association to write their wind and hail policy. Usaa offeres the so you can get all you need from Usaa but they are separate policies. It's just like they offer flood insurance through FEMA. So they offer wind/hail but through NCUAss. Unlike nationwide who combines policies and it's solely then insuraning you (much cheaper!)
We had a separate wind/hail policy through nationwide until renewal this year. Well, it was a change, but still. They said they just recently were allowed to write them themselves. We received the refund from the underwriters a week ago.
Nice? We sent it right back to Nationwide to cover our insurance policy through them. We didn't get to keep it (unless we wanted our escrow shorted that much). I was just trying to say that Nationwide didn't always write their own wind/hail. At least not for us. :D
We just shopped around for car insurance. We currently had USAA (our renewal premium was $973/6 months). These were the 6 month premiums we were quoted: Nationwide $876, State Farm $775, Geico $620.
Our USAA was NC minimum 30/60/25 and still was the highest out of every company! Every other carrier we contacted quoted us 50/100/50. Included towing, car rental, and roadside assistance.
I know it's differnet for everybody, but USAA was not the best option for us anymore. And we have zero accidents, zero tickets, zero violations, ect!
Glad I called around! Our Geico starts on the 16th, I'll be glad to be saving almost $60 a month!
Ooops! We also got quotes on homeowners/wind & hail and every company I called was able to provide us in our area, but we have yet to have to file a claim so I am sure that may have a little to do with it?
I didn't quote it but my response was to the comment above me for paying $162 a month for "cars." Maybe she forgot to mention it was for cars and homeowners but she specifically mentioned shopping for car insurance with much lower coverage amounts than we pay for.
There's a good chance her home owners is paid for through an escrow, therefore through her mortgage payment. Not included with car insurance. I'd say those amounts is what she pays minus home owners. :(
the escrow comment was to MM in regards to what Someone and Natasha said about payments.
USAA, even with discounts, didn't make our home owners any cheaper. Having 2 policies at 2 different companies did. We have maxed out on USAA discounts, so nothing we could do would save us any more money with them. :(
Lol it's almost getting confusing trying to read on my phone without re reading the whole thread lol.
I'm glad they refunded you, ive never switched insurances and didn't know they would do that. Which is why I said nice!
My car insurance for two cars full coverage 50/100 not 30/60 is something like 100 a month and our home owners is similar in price. Bringing everything over to nationwide saves us 300 a year!! That is too much for me to keep things separated. I'm still nervous though lol.
I think I was told at Nationwide, when we switched HO, that it wouldn't be any cheaper.
We pay like $1000/6 months in car insurance. It absolutely SUCKS. It might even be closer to $1200. I know it was close to $1400 the first 6 months of the year when we had to pay renter's insurance up in VA.
I pay 4 out of 6 months (I love having 2 months off). I write that check for about $300 those 4 months. I just keep telling myself, not too much longer, not too much longer. ha ha