USAA car insurance costs an average of $807 per year ($67 per month) for a minimum-coverage policy, which is less than the national average of $720 per year. The exact cost of auto insurance with USAA depends on factors such as a driver's history on the road, age, state, and coverage limits. For example, full coverage insurance from USAA costs an average of $2,802 per year.
Average Cost of USAA Car Insurance by Category
Category | Average Premium |
Minimum Coverage | $807 per year |
Full Coverage | $2,802 per year |
Young Driver | $1,289 per year |
Senior Driver | $489 per year |
Note: Premiums are based on drivers in California, as it is the most populous state and has average rates compared to the rest of the country. Young drivers are 16-20 years old, and senior drivers are 55-65 years old. Actual rates will vary.
USAA determines car insurance rates by considering the likelihood of the driver filing a claim in the future. Some drivers, like teens or drivers who recently caused an accident, are considered to be especially high-risk, so they're charged higher rates than the average policyholder. The good news is that USAA offers several discounts that drivers can use to save on their rate, including a multi-vehicle and multi-policy discount.
To see how much a USAA policy will cost you, you can go online or call (800) 531-8722. You can also learn more by checking out WalletHub's USAA car insurance review.
This answer was first published on 08/01/23. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
FAQs
But at $487 per year, the average USAA car insurance policy is actually cheaper than coverage from most competitors. In fact, USAA is one of the cheapest car insurance companies nationally. Even though USAA offers cheaper-than-average rates, its premiums can get expensive for drivers with certain characteristics.
How much is car insurance per month for USAA? ›
USAA Auto Insurance Quotes by Driver Profile
| USAA Average Monthly Cost | USAA Average Annual Cost | |
|---|
| 25-year-old driver with good credit and driving history | $152 | $2,336 |
| 35-year-old driver with poor credit | $228 | $3,829 |
| 35-year-old driver with a recent accident | $182 | $2,919 |
| 35-year-old driver with a DUI | $227 | $3,431 |
1 more rowNov 22, 2023
But at $487 per year, the average USAA car insurance policy is actually cheaper than coverage from most competitors. In fact, USAA is one of the cheapest car insurance companies nationally. Even though USAA offers cheaper-than-average rates, its premiums can get expensive for drivers with certain characteristics.
What are the disadvantages of USAA? ›
Disadvantages of USAA home insurance include limited extra coverage options and availability since the company only writes policies for homeowners with military affiliations.
Is USAA cheaper than other insurance? ›
USAA has the lowest average full-coverage rates of the major auto insurance companies at $1,512 per year, but this provider isn't available to everyone. Both Progressive and USAA are below the national average of $2,008 when it comes to annual car insurance premiums.
Is USAA cheaper than Progressive? ›
Although both companies offer solid customer service, USAA has top customer satisfaction scores and better rates for most drivers. A full-coverage policy from USAA costs $1,170 per year — $868 cheaper per year than Progressive.
Is USAA cheaper than Allstate? ›
USAA: How much are the Average Rates? Below is a list of the average rates that drivers typically pay with Allstate and USAA. On average, Allstate charges approximately $184.28 per month while USAA comes in at around $116.49 per month.
Why does USAA have an F rating? ›
A check of the BBB website provides a few answers. The failing grade is due to two stated reasons. The first is that the company agreed this year to a $15 million settlement with the U.S. Consumer Financial Protection Bureau over how USAA's banking arm mishandled thousands of personal checking accounts.
Why has USAA gotten so expensive? ›
High Standards of USAA
They provide an exceptional range of coverages that protect against numerous perils, often surpassing the standard offerings of other insurance companies. This excellence, while attracting many homeowners, contributes to the higher cost of their insurance policies.
What is the #1 insurance in America? ›
1. State Farm. State Farm is the largest car insurance provider in the US, accounting for almost 17% of the overall market. The figure is equivalent to over $8 billion more in direct written premiums compared to the next-ranked insurer.
In March 2022, the federal Financial Crimes Enforcement Network hit USAA Bank with a $140 million fine, alleging it failed to adequately monitor for potential money-laundering activity. The feds also penalized USAA Bank two other times since 2019 over alleged violations of banking laws.
Can I join USAA if my father was a veteran? ›
Suppose you're not directly affiliated with the military. In that case, you can qualify if your parent is a USAA member or you're a spouse of a USAA member (including former spouse or widowed individuals).
Why does USAA keep raising rates? ›
If we increase rates it may be because repair and replacement costs have gone up, and we have to make sure we can cover future claims. We never raise rates to make up for past claims.
What is the monthly cost of USAA? ›
169. The average monthly cost for all USAA auto policies issued in California in 2023.
How much is USAA full coverage? ›
USAA Insurance Full-Coverage and Cost
At an average annual cost of about $1,512, USAA is roughly 25% cheaper than the national average for a full-coverage policy, according to our rate data. USAA offers standard auto insurance coverages and optional add-ons like roadside assistance and rental reimbursem*nt.
Is switching to USAA worth it? ›
USAA car insurance costs $1,432 per year on average for full coverage insurance. That is more than $500 a year less than the average national annual rate of $1,982. Compared to other large insurers, USAA's average annual full coverage rates are cheaper than other companies.
Can you pay USAA car insurance monthly? ›
On usaa.com, choose "Insurance Bill," or in the mobile app, choose "Bills.” From there: Select “Set Up Automatic Payments.” Decide if you want to pay the monthly minimum or statement balance. Choose if you want to pay once a month or twice a month.
Does car insurance automatically go down at $25 USAA? ›
However, if you have a policy with USAA or Geico, your car insurance will decrease only slightly when you turn 25. There is only a 4% decrease in USAA's average annual rate for 25-year-olds versus 24-year-olds and only a 7% decrease in Geico's average annual rates for the same ages.
Why is my USAA insurance so high? ›
High Standards of USAA
They provide an exceptional range of coverages that protect against numerous perils, often surpassing the standard offerings of other insurance companies. This excellence, while attracting many homeowners, contributes to the higher cost of their insurance policies.
Who has the cheapest car insurance for military? ›
USAA is typically the cheapest company for military and veterans, but it's not the only good option.
