USAA dividend posted this morning!

[SiennaFrost]

Ours hasn't posted to our account yet, but hopefully it will soon. I didn't know crediting it to your insurance bill was an option, so thank you for the tip. We love USAA! Great prices and customer service!

 

[DCbride]

It was a nice surprise to see something in the plus side of the checking account today! We got $172, but we also live in NJ and our auto ins. is really high (around $3400) We also have our home owners ins through them too.

 

[edk35]

Thanks for the head's up! Ours hasn't posted yet? I'll keep checking but I'm grateful for anything we get back

Heather

Oh I need to go and check ours too. WOOT WOOT. I hope it is good.

 

[edk35]

This is out biggest one yet..........


165.61 I WAS SHOCKED!!!!!!!

I literally always forget about this money. This was a nice surprise.

 

[mdrob214]

We got an email--ours is $167

 

[JustCallMeMommy]

Thanks for posting - I hadn't noticed! The extra hundred bucks will come in handy this week.

 

[ColoradoDisneyFreaks]

Does everyone that has this insurance get the dividend?

Yes, everyone who has this insurance gets a dividend. (All you other USAA members correct me if I'm wrong on this...) The way it works is that USAA takes all of the premiums we pay in, and deducts claim costs and operating costs and whatever is left over they pay out in dividends. They do invest the premiums, but we get money back every year, I've never NOT gotten a dividend and in good years, it's pretty nice!

 

[Boston Tea Party]

Strange. Now I have a second dividend for over $100. Maybe USAA reads here.

The best year every was over $300. That was awesome.

 

[bdcp]

We've used USAA for home, auto, riders, and umbrella insurance over the last 30 years so I'm guessing our credit will be on the higher end. We hadn't heard anything, but DH is checking our account. We got $364. It's based on what's in your subscriber savings account which grows over time and is also based on how much you've put in for insurance. The longer you've been with them and the more policies you have, the larger your account is. They add to it every year and then take out a dividend.

I won't have to make an insurance payment for 3 months (except for homeowners which is escrowed anyway).

 

[cm8]

Just remember, in order to be a USAA member, you must be currently serving (or be honorably-discharged) from the U.S. Armed Forces, or be an immediate family member of a current USAA member.

There are other membership criteria, too - but those escape me at the moment...

Not anymore, USAA has opened banking to ALL interested parties. The only thing is that the Military members and those that reside in Tx are eligible for Car insurance!! I have posted a link for all you non believers http://consumerist.com/2009/09/usaa-online-checking-savings-open-for-non-military.html

 

[GJM]

My DH is military - I have been with Liberty Mutual for years, but it has gone up just a little too much.

 

[traviesojmt]

Our was around $55 this year. I have it put on our auto insurance bill. Every little bit helps.

I am a big fan of USAA. We just refinanced our house this week. It took a month from start to finish and they sent someone to the house to complete the paperwork. It couldn't have been any easier.

 

[Disney-Kim]

Ours went in today...$104...thats a great surprise !!

 

[rparmfamily]

CREDIT FROM YOUR SUBSCRIBER ACCOUNT
($37.83)

WOOT, nearly $40!

Why do some of you guys get huge ones? I have auto (2 cars) renters, personal property, fire ins,etc with them.

 

[VAfamily1998]

We have USAA insurance, but not banking. Does that mean they have probably mailed us a check? I sure hope so!

I just looked at our account online to see if they credited it to our insurance account--nope! But I did notice that our premium, effective in January, has increased by 50%!?!?!?!?!?!?

No idea why? We haven't been in any accidents/made any claims/recieved any tickets/bought a new car/made any adjustments to our policy... I'll have to call later today.

Oh well, congrats to everyone else that got good news!

ETA: Never mind...I asked Dh and I had been looking at our previous statement wrong. Our premium did increase, but only by a couple dollars, not 50%! Obviously, I shouldn't try to figure things out at 5 am!

 

[MoniqueU]

We might have a check in our mailbox or coming and I don't care if it is just for a nickle. We by some luck qualify for it as my husband was married for less then a year to the daughter of a military dr. My husband drives a ton of miles to work in crazy california and gets caught speeding. The last time he did and racked up a few tickets our rate stayed the same. We now have a teenage driver who also got tickets and one fender bender with an off duty policeman and our rates havent changed. I am saying prayers they don't.

 

[msmayor]

CREDIT FROM YOUR SUBSCRIBER ACCOUNT
($37.83)

WOOT, nearly $40!

Why do some of you guys get huge ones? I have auto (2 cars) renters, personal property, fire ins,etc with them.

I believe the dividend amount depends on the state you live, the insurance experience of your state and your premium cost.

I know here in NJ our auto premiums (while excellent compared to other companies) are higher for two cars than other states, therefore we'd most likely get a bigger refund.

 

[edk35]

I believe the dividend amount depends on the state you live, the insurance experience of your state and your premium cost.

I know here in NJ our auto premiums (while excellent compared to other companies) are higher for two cars than other states, therefore we'd most likely get a bigger refund.

We have 3 vehicles and two are 2008's maybe that matters. We also have homeowners and we live in MD. Don't know how that works.

 

[bdcp]

CREDIT FROM YOUR SUBSCRIBER ACCOUNT
($37.83)

WOOT, nearly $40!

Why do some of you guys get huge ones? I have auto (2 cars) renters, personal property, fire ins,etc with them.

As I posted, we've been with USAA for 30 years with mortgages, car insurance (we have two grown sons who were on our policies with their own older, used cars from age 16-22), umbrella policy and riders for jewelry. It is based on an account balance that each policy holder has at the end of the year. That balance is added to every year based on several factors, then an amount is taken out of the account to figure out the dividend. So, longevity, amount you've spent, how many policies, etc all figure into it. One year, we had bad hailstorms in the area and they had to pay out on a lot of policies, so the dividend was much lower. This is why our dividend was $364. Our oldest son who is 27 this month has owned a townhouse for 2 years and has had his own auto policy for 5 years, got $50. I havent talked to our youngest son yet to see what he got. Both have perfect driving records and low insurance costs.

Think of it as a profit sharing and the more you've invested (time and money), the larger your dividend.

 

[edk35]

As I posted, we've been with USAA for 30 years with mortgages, car insurance (we have two grown sons who were on our policies with their own older, used cars from age 16-22), umbrella policy and riders for jewelry. It is based on an account balance that each policy holder has at the end of the year. That balance is added to every year based on several factors, then an amount is taken out of the account to figure out the dividend. So, longevity, amount you've spent, how many policies, etc all figure into it. One year, we had bad hailstorms in the area and they had to pay out on a lot of policies, so the dividend was much lower. This is why our dividend was $364. Our oldest son who is 27 this month has owned a townhouse for 2 years and has had his own auto policy for 5 years, got $50. I havent talked to our youngest son yet to see what he got. Both have perfect driving records and low insurance costs.

Think of it as a profit sharing and the more you've invested (time and money), the larger your dividend.

Yes all of this does make sense. We have been married 22 years and my husband had USAA before we got married so we have had our police a long time too. Plus we have the jewelry rider on ours too. So I guess it adds up when you have a lot insured like you and I do.