USAA provides comprehensive renters insurance at reasonable rates while exclusively serving members of the armed forces and their families. The company was originally founded in 1922 when a group of army officers couldn’t find a business that would insure the officers’ vehicles. Now, USAA has $28.2 billion in assets and is one of the largest insurers in the United States.
Both customers and financial institutions rate USAA’s property insurance highly. USAA has been given an A++ from A.M. Best, an Aaa rating from Moody’s and an A+ from the BBB, which are all top scores. USAA has additionally received an AA+ from Standard & Poor’s.
USAA’s renters insurance can cost as little as $12 to $15 depending on what level of coverage you need. Renters insurance policies can vary, but they typically offer the following types of coverage:
- Replacement coverage of damaged or stolen property including clothing, furniture and appliances.
- Liability coverage.
- Moving and storage expenses.
- Loss due to flood, earthquake, fire, smoke, lightning, windstorm, hail, freezing, explosion, theft, vandalism or riots.
USAA has been in business since 1922 and is one of the largest and most financially stable property insurance companies in the United States. The brand has been awarded with top ratings from a variety of independent institutions and consistently receives positive reviews from customers. Since USAA offers an array of insurance products, the company can be your go-to source for insuring everything from homes and autos to special events and pets.