USAA – Car and SUV Insurance

USAA auto insurance—United Services Automobile Association—began in the 1920's when a group of U.S. Army officers came together to insure each other's vehicles. Today, USAA is a Fortune 500 financial services company that serves military members, veterans and their families with their insurance, banking and other financial needs.

USAA also has a reputation for low-cost Car and SUV auto insurance. USAA's website offers free Car and SUV auto insurance quotes, which car insurance consumers can use for comparison shopping. The website also notes the results of a nationwide survey of new customers, taken between 2007 and 2008, where four out of five new customers reported that their premiums for USAA auto insurance were less than what they had paid with their previous insurance companies.

Of course, as with all types of Car amd SUV auto insurance available, insurance premiums can differ based on the driver's location, the make and model of car, the driver's record and other factors. But USAA offers motorists a number of savings and discounts on their automobile insurance, including discounts based on taking driver training, mileage driven each year, insuring multiple vehicles with usaa, and even $50 off the first premium for new customers who request a quote and buy their SUV auto insurance online.

Another financial advantage USAA offers its customers is that the company is not a corporation but rather it runs as an inter-insurance exchange. This is similar to how credit unions are organized; that is, customers are actually members who are insuring each other and they, in theory, own a share of the company. Under the law in Texas, where USAA's headquarters are located, each member's liability is limited to what he or she pays in insurance premiums. As a result, profits are shared among members.