USAA to offer small business insurance

USAA announced its entry into the small business insurance market “based on increasing demand from its members.” While the USAA Insurance Agency has offered small business insurance for the last 30 years through unaffiliated insurance companies, USAA will now offer their own small business insurance product.

“For small business owners, their business is their life and livelihood. They put their heart into building their business and work around the clock to make it a success. We believe we understand veterans better than anyone and want to be there to support them and their business every step of the way.” – Jim Syring, Retired Vice Admiral, United States Navy, and USAA’s Property and Casualty President.

USAA’s small business insurance product is currently available in five states: Arizona, Colorado, Illinois, South Carolina , and Tennessee. A roll-out is planned through 2021.

Bottom Line: Go to Hartford.