Cure Auto Insurance Princeton NJ
/PRNewswire/ - CURE car insurance marks its 25th anniversary within the auto insurance marketplace since writing its very first policy on . Launched as a consumer-focused solution to suffering automobile insurance industry, CURE's presence in the marketplace has actually elevated the standards for equity and equality in the industry, by basing prices predominantly on each candidate's record and not on income-proxy associated factors such as education, profession, residence ownership or credit history.
"for past 25 years, we now have pioneered fairer score and underwriting techniques, and have regularly pushed various other insurance coverage companies to adhere to our lead, " said Eric Poe, COO of CURE Auto Insurance. "Unlike one other insurance companies in condition, our rates and discounts are not based on education, credit score, or other income proxies since we believe those aspects do not right correlate with how good someone drives. Since we started our doorways in 1990, our prices were, and carry on being, based mostly on a person's record. We think here is the fairest method to insure drivers."
Currently firmly set up as one of top car insurers, CURE expanded to in 2008 and it has built a reputation as consumer's automobile insurance provider because of its outspoken position contrary to the proliferated usage of income-proxy score aspects by the rest of the car insurance industry. Poe, on behalf of CURE, has actually testified against unique insurance coverage business's trade group in opposing the employment of a driver's education, credit history and occupation for score and underwriting insurance coverage. CURE's cooperation with consumer groups and legislators with this problem has brought heightened scrutiny on methods of nationwide car insurance organizations.
"CURE was found as a solution to the 1980s automobile insurance crisis. Through that time, motorists paid one of several highest premium rates in nation, yet auto insurers were reluctant to publish new car insurance policies due to low profitability and massive legislative and regulating constraints, " included Poe. "it absolutely was during this crisis that previous New Jersey Insurance Commissioner, founded TREAT Auto Insurance, that has consequently developed into a market frontrunner in policyholder satisfaction towards the 1000s of responsible drivers who have become its people."
These days, TREAT features a staff of 215 employees, insures 65, 000 automobiles and acts 45, 000 policyholders. TREAT is also active in the communities it acts, sponsoring its Annual "spend It Forward" Scholarship Award since 2006, which recognizes youngsters whom perform unselfish, compassionate acts with regards to their communities. TREAT has actually awarded almost $140, 000 in grant funds to regional students. Also, over the years CURE executives have actually volunteered their time and energy to provide safe driving presentations to local high schools.
For 25 many years, CURE Auto Insurance features challenged the industry, advocating to eliminate income proxy related facets from rating and underwriting methods. Its not-for-profit design enables CURE to continually provide inexpensive car insurance to accountable drivers. To find out more, go to or phone 800-535-CURE. Stay linked and "like" CURE on Facebook at or follow TREAT on Twitter as well as on Instagram at @CUREInsurance.
Based in, Citizens United Reciprocal Exchange, (TREAT) is a not-for-profit reciprocal exchange. Started in 1990 by New Jersey Insurance Commissioner as response to the insurance crisis in, TREAT continues to lead how given that not-for-profit answer for accountable motorists and the "remedy" for the continuously evolving automobile insurance dilemmas. TREAT happens to be obtainable in and . Additional information is available at or by calling 800-535-CURE.
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