Returning profits to the insured

Since there are no shareholders, profits are retained for financial strength or returned to the members. Returns are accomplished through a Subscriber's Savings Account, or SSA. Each year a portion of USAA's profit is retained as "unassigned," the rest is allocated to each member's SSA using a formula based on the amount of premium the member paid that year as well as the member's SSA balance. The allocation of capital to a member's SSA account occurs early in the calendar year. Late in the calendar year a portion of the member's SSA is distributed to the member via checks or electronic funds transfer. Members with more than 40 years of membership also receive a special yearly "senior bonus" distribution which amounts to 10% of the member's SSA balance. The entirety of the SSA belongs to the member, but is only completely distributed until approximately 6 months after the member no longer has a USAA P&C policy.[24] In 2007 the distribution amounted to 4% of the member's SSA balance.
Associate members sometimes receive policy dividends instead of distributions of profits, since they are not members of the insurance exchange.

The only possible downside is that there's no way to get cash into the account short of having someone write me a check for it. My auto insurance drafts every month, unless the account is too low, then they call me and ask what to do.