USAA receives over 3,500 California wildfire claims

In a press release, USAA has shared that it received more than 3,500 claims related to the California wildfires, with 86% of claims receiving initial payments of more than $1 billion.

The company projects that members’ wildfire losses will reach $1.8 billion.

“USAA is deeply committed to supporting our members during this challenging time. We understand the significant impact these wildfires have on our members and their families, and by moving quickly to put money in our members’ hands, they are empowered to take the first steps towards rebuilding their lives. Our team is working tirelessly to ensure that our members receive the assistance they need to recover and rebuild.” – Randy Termeer, USAA Property and Casualty President