Any USAA warnings or updates?

[Feelbad]

We recently retained an attorney for Ch 7 and will file soon. My big fear is USAA's reaction. We owe about $25k on a USAA cc and have an auto loan. We are current on the auto and will continue to be but they also insure our home and vehicles. Can they cancel these policies? Will they? Does anyone have recent experience with USAA and bk?

[Chowder]

Your insurance policies will be fine, as long as you're making the payments, whether they are the carrier or the agent.

There is a thread here somewhere about USAA doing a repo without filing for a stay. IIRC that poster intended on surrendering anyway, but since they had grounds, took them to court and forced USAA to return the vehicle.

[kansasgirl]

We filed CH 7 & are now discharged. We had a credit card w/ USAA and also have our auto insurance with them. They have not canceled our policy, but our premiums have gone up. I suspect that the reason for the premium increase was due to credit/bankruptcy.

[aljohnson007]

I and ex had a joint account with USAA, CC, Auto Ins and Homeowners. Got divorced and ex filed Ch7 and I was stuck with the whole amount. The end result was I didn't pay, they did a charge off and sent me a 1099. USAA operates like a credit union only with more power.

[drowningNdebt]

I have 2 USAA credit cards, personal loan and auto loan that I just BK'd on. Total is about $45,500. I'm going to do a ride through on the auto loan though.Spoke to their BK department and they agreed to just keep payments current rather than reaffirm. Anyways, I have insurance through them as well and they just renewed it. No change in premiums, etc. All they did so far was take away my online access. Stinks cause it makes paying the insurance and car loan harder. I'm just going to sign up for auto debit.

[swampwiz]

We filed CH 7 & are now discharged. We had a credit card w/ USAA and also have our auto insurance with them. They have not canceled our policy, but our premiums have gone up. I suspect that the reason for the premium increase was due to credit/bankruptcy.

I've also got my auto and renters (and soon to be homeowners) with USAA, and I owe close to $20K. How much did the insurance go up? I suppose that I will looking around for a different insurer.

[AngelinaCat]

I've also got my auto and renters (and soon to be homeowners) with USAA, and I owe close to $20K. How much did the insurance go up? I suppose that I will looking around for a different insurer.

In your hurricane hit area and with your impending BK, good luck. BK will impact insurance coverages. Some agencies will refuse to touch you until you have been out of BK five years.

[Feelbad]

Thank you for the responses. I really don't want to lose my insurance through USAA. How much is the average increase in insurance premiums?