Comparing Insurance Companies USAA and American Family - Essay Example

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The essay "Comparing Insurance Companies USAA and American Family" focuses on the critical analysis and comparison between the insurance companies USAA and American Family. These two are insurance companies that cover primary sectors such as home, life, fire, automobile cases…

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Comparing Insurance Companies USAA and American Family

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Subject: Family & Consumer Science
Type: Essay
Level: Ph.D.
Pages: 1 (250 words)
Downloads: 2
Author: walkerleo

Extract of sample "Comparing Insurance Companies USAA and American Family"

American Family Premium - The insurance premiums will be less than $100 under Obamacare. USAA coverage - It depends on the choice of insurance cover taken by the insured. American Family coverage - It usually is required for a given period, mostly a lifetime.

Automobile Insurance: USAA Premium - Premiums rates depend on the type of car insured. American Family Premium - The premium depends on the car type only. USAA coverage - Coverage is restricted to certain states. American Family coverage - Coverage is for any location so long as it is defined.

Catastrophic health plan: USAA Premium - It is not among the USAA. American Family Premium - It is for the people who cannot afford high premium health rates. USAA coverage - It is not recommended. American Family coverage - It takes effect depending on the premium payable.

I need insurance coverage starting with the health insurance cover. Additionally, the life insurance cover is necessary since I will have to take care of my beneficiaries in the event of an unforeseen future. In the event I have to choose between these two insurance companies, I would settle for American Family. This is despite the best ratings that are given to USAA insurance companies. This is because American Family is striving to compete with other major insurance companies, therefore, offers the best customer service in the market. It is known to settle the highest number of insurance cases than any other insurance company (Plunkett, 23). Read More

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