Why is USAA homeowners insurance so expensive?

@mikel 

USAA homeowners insurance may appear to be more expensive due to several factors:

1. High coverage limits: USAA offers higher coverage limits compared to other insurers, meaning you may have more protection in case of a loss. Higher coverage limits often result in higher premiums.
2. Comprehensive coverage: USAA homeowners insurance typically includes a wide range of coverage options such as dwelling protection, personal property coverage, liability coverage, and additional living expenses coverage. The broader the coverage, the higher the premium is likely to be.
3. Premium discounts: USAA offers various discounts and benefits for its members, which might make their overall premiums appear higher. These discounts, such as those for bundling different policies or maintaining a claims-free record, can help offset the overall cost.
4. Membership requirements: USAA membership is limited to active-duty military, veterans, and their eligible family members. Since the insurer focuses on serving a niche market with a specialized level of service, this exclusivity may be reflected in slightly higher premiums.

It is important to note that insurance premiums depend on various individualized factors such as location, property characteristics, and personal circumstances. Comparing quotes from multiple insurance providers is advisable to find the most affordable coverage for your specific needs.