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Old 01-02-2003 | 02:07 PM
  #22  
ctdahle
 
Joined: Dec 2001
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From: Del Norte, CO
Default Can of Worms

Originally posted by akpilot
HiTechRedneck asked the question, my homeowner's policy is through USAA (I'm in the U.S. Air Force).
Yeah, and doesn't it just frost your short hairs that they send you that stupid USAA magazine every month. Wonder how much of the USAA member's money they waste on THAT?

And how dare they build that Taj Mahal of a claims center in COLORADO SPRINGS of all places? And the USAA retirement complex down in Texas, what a waste of members money.

And reading through the USAA annual report, I see they lost BOAT LOADS of money in the market last year. How dare they invest my premiums in such speculative ventures? They should have kept all that premium income in the bank earning a nice SAFE 1.5%. At LEAST they should have polled ALL of the USAA membership and had a vote before they went out and bought stocks.

Clearly USAA isn't interested in keeping insurance rates down, they are just trying to build a monument and a legacy. Guess that is why my premiums went up 10% this year. Obviously USAA and AMA are in the same mis-management boat.