Also note that while these coverages are broadly available, they’re not available to all customers at all times. Keep in mind that these are coverages that other providers offer, but they wouldn’t be included in a standard package - meaning you’d have to pay extra for them. ![]() Uniform coverage: If your uniform is damaged or stolen during a covered event, USAA will pay for its replacement without consideration of your deductible. Home-sharing coverage: Need to rent out your place while you go on active duty? Your included home-sharing coverage will keep you protected while the renter is in charge. Replacement cost coverage: Rather than cut you a check for the depreciated cost of damaged or stolen items, USAA will reimburse you the cost to replace your possessions brand new. ![]() Not bad considering identity theft affects military members at a disproportionate rate compared to the rest of the population. Identity theft coverage: If you’re the victim of identity theft, USAA will pay out up to $5,000 to help you recover losses and restore your identity. Take a look at the additional coverages below that are included in most of their standard packages. ![]() When it comes to homeowners insurance, what’s covered is usually pretty standard. A Closer Look at USAA’s Additional Coverages What is surprising are the add-ons USAA includes as part of their standard coverage - protections that would cost a lot more from another provider. Living Expenses: If your home is so badly damaged that you need to stay somewhere else while it’s being repaired, this coverage will pick up the hotel bill.įor anyone who’s done their homeowners insurance homework, none of these coverages should be surprising. You won’t need to pay for his ambulance ride, his stay, or his treatment out of pocket. Medical Payments: And let’s say that same nephew decides he needs to go to the hospital for that alleged whiplash. Liability: Let’s say that absent-minded nephew who crashed into your garage decides he has “whiplash” and wants to sue, your liability coverage will take care of a significant portion of those legal costs. You can always purchase additional coverage if that seems a little light. 1 That means if your house is insured for $300,000, your detached garage will be covered for $30,000. Pro Tip: In most standard policies, your “other structures” coverage will be 10 percent of the total coverage for your dwelling. What I found might surprise you.īefore we start unpacking USAA’s coverages, costs, and customer service reputation, though, let’s take a quick look at their pros and cons. I’ve spent a substantial amount of time looking over their policies, reading online reviews, compiling the data, and crunching the numbers to see if USAA is worthy of serving our active service military, our veterans, and their families. If this is you, you might consider giving them a closer look. They are one of the largest providers of homeowners insurance in the country, but their services are only offered to those who serve in the military and their families. Remember - home insurance is home security. ![]() That’s a start, for sure, but just as important as your physical protection is your financial assurance that should the worst happen, you’ll be covered. You might think the best way to do that is by looking into one of the best home security systems of 2023. If you’ve served this country as a member of the armed forces, you deserve a peaceful life once you return home.
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