For those who have dropped USAA for their auto & home, did you get a disbursement from your subscriber's savings account?
Snogirl - from the the USAA PDF brochure regarding subscriber's account:
CAN I MAKE DEPOSITS OR WITHDRAWALS
FROM MY SUBSCRIBER’S ACCOUNT?
No, this is not a bank account where you can make
deposits or withdrawals. Rather, it’s an account in your
name where USAA capital is held and managed by the
USAA Board of Directors, according to the USAA Bylaws.
Because these accounts are an integral part of USAA’s
capital structure, they are managed by the Board of
Directors. The account remains in the member’s name
as long as he/she has at least one property and casualty
policy with USAA. When a member terminates all property
and casualty policies, the balance of the Subscriber’s
Account is disbursed about six months later. After the
termination of all of a member’s property and casualty
policies, the member must reapply and go through the
underwriting process to re-establish coverage.
So it looks like you would receive a refund when you are hoping. I do not remember receiving a refund after I cancelled my accounts, but my memory on this may be foggy.