What is United Services Insurance?


Quick Answer

The United Services Automobile Association is an insurance company that provides insurance and banking products to members of the military and their relatives, as stated by Bloomberg Business. The service provides health, dental, vision, home, property and life insurance.

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Full Answer

USAA got started in 1922 when a group of U.S. Army officers agreed to join together and provide insurance for each others' cars. At the time, and even today, military members had trouble getting insured because they were at risk of being shipped out and also moved around a lot. USAA grew into a nationwide company that only serves those who are in the military, have retired or been honorably discharged, are ROTC cadets or are spouses or widows of military members, according to USAA.

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