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USAA Insurance Complaints and Reviews

Real Stupid MBA Increased Premium Pricing

Feb

13

2010

I have been insured by USAA Insurance for over 40 years with no accidents and no tickets of any kind. USAA just increased my vehicle insurance premium by 47% effective 1/1/2010. Their explanation is that they have decided to recalculate California premiums on the basis of their overall California loss experience and not just on the drivers record or other use categories. Their notification came too late for me to find a new carrier but I certainly will before the next renewal date. They made a real stupid mba pricing miscalculation.

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In: Auto Insurance / Loans Posted By: Blcexpert [ Grey Star Level]

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