How does USAA car replacement assistance work?

What is car replacement insurance? I've been looking at USAA for my insurance but the company has all these add-on policies. I don't know if I should get them.

Answer
“USAA new car replacement assistance is an add-on car insurance policy that will help you get a car if yours is totaled.
When you settle your claim, this policy will give you 20% more than the cash value of your car. This extra 20% can be put toward the down payment of a new car, or you can pocket the cash.
Keep in mind that this policy is only available if you have both collision coverage and comprehensive coverage through USAA.
It’s also not available for non-owned cars or leased cars.”
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Eric Schad
Answered on Jul 16, 2021
Eric Schad has been a freelance writer for nearly a decade, as well as an SEO specialist and editor for the past five years. Before getting behind the keyboard, he worked in the finance and music industries (the perfect combo). With a wide array of professional and personal experiences, he’s developed a knack for tone and branding across many different verticals. Away from the computer, Schad is a blues guitar shredder, crazed sports fan, and always down for a spontaneous trip anywhere around the globe.
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