CURE Auto Insurance Review 2023

CURE (Citizens United Reciprocal Exchange) is a not-for-profit car insurance company that was founded in 1990 in New Jersey. They offer auto insurance to drivers in New Jersey, Pennsylvania, and Maryland. CURE’s mission is to provide affordable car insurance to good drivers, regardless of their income or education level.

One of CURE’s unique features is its usage-based insurance program, which allows drivers to pay for their insurance based on their actual driving behavior. Customers who enroll in this program install a device in their car that collects data on their driving habits, such as speed, acceleration, and braking. CURE then uses this data to calculate a personalized insurance rate for the customer.

CURE also offers other standard auto insurance coverage options, such as liability, collision, and comprehensive coverage, as well as optional add-ons like roadside assistance and rental car reimbursement.

Overall, CURE has received generally positive reviews from customers and is known for its commitment to providing affordable insurance to good drivers. However, as with any insurance company, it’s important to carefully review the policy terms and conditions and compare quotes from multiple providers before making a decision.

  • CURE offers a variety of discounts to help customers save money on their car insurance premiums. These discounts include a good driver discount, a multi-car discount, a homeowner discount, and a paid-in-full discount.
  • In addition to its usage-based insurance program, CURE also offers a “fixed” insurance program that uses traditional rating factors like age, gender, and driving history to determine a customer’s premium.
  • CURE has been recognized for its commitment to social responsibility and sustainability. For example, they have received a B Corp certification, which means that they meet certain standards of social and environmental performance, accountability, and transparency.
  • CURE is a member-owned company, which means that policyholders have a say in how the company is run. Members elect a board of directors and have the opportunity to vote on important decisions that affect the company.
  • Like many insurance companies, CURE has both positive and negative reviews from customers. Some customers have praised the company for its low rates and excellent customer service, while others have criticized the company for slow claims processing and high premiums. It’s important to read reviews from multiple sources and consider factors like coverage options, discounts, and customer service when choosing an insurance provider.

CURE Auto Insurance benefits

Affordability: As a not-for-profit auto insurance company, CURE is committed to providing affordable rates to its customers. They offer discounts for good drivers, multi-car households, and policyholders who pay their premiums in full.

Usage-based insurance: CURE’s usage-based insurance program allows customers to pay for their insurance based on their actual driving behavior, which can lead to lower premiums for safe drivers.

Personalized service: Because CURE is a smaller, member-owned company, customers may have a more personalized experience and be able to speak directly with company representatives.

Social responsibility: CURE has a strong commitment to social responsibility and sustainability, and has been recognized for its efforts in these areas. Some customers may appreciate doing business with a company that shares their values.

Coverage options: CURE offers a range of standard auto insurance coverage options, as well as optional add-ons like roadside assistance and rental car reimbursement, which can provide added peace of mind.

It’s important to keep in mind that every customer’s experience with an insurance company will be different, and what works well for one person may not work well for another. However, these are some potential benefits of choosing CURE auto insurance that may be appealing to some customers.

Who owns CURE auto insurance?

CURE auto insurance is a member-owned insurance company. This means that the policyholders own the company and have a say in how it is run. CURE operates as a reciprocal insurance exchange, which is a type of insurance company that is owned by its policyholders, also known as subscribers. The subscribers elect a board of directors, who oversee the operations of the company and make important decisions about things like rates and coverage. CURE was founded in 1990 by a group of New Jersey drivers who were frustrated with the high cost of auto insurance, and it has since expanded to serve drivers in Pennsylvania and Maryland.

Who is the CEO of Cure insurance?

As of my knowledge cutoff date of September 2021, the CEO of CURE Auto Insurance was Eric S. Poe, who had been with the company since 1997 and served as CEO since 2016. However, it’s possible that there have been changes in the leadership of the company since then. It’s always a good idea to check the official CURE Auto Insurance website or other reputable sources for the most up-to-date information.

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