Cure Auto Insurance Reviews 2023

The main aim of writing about the Cure Auto Insurance Reviews 2023 is because of the need to enable most users to gain more insight into the need to understand CURE Auto Insurance.

CURE Auto Insurance is a not-for-profit reciprocal exchange that is licensed to offer auto insurance in the states of New Jersey, Michigan, and Pennsylvania. It was founded in 1990 by former New Jersey Insurance Commissioner James J. Sheeran and Lena Chang. CURE stands for Citizens United Reciprocal Exchange.

CURE primarily considers driving history while placing less emphasis on other factors like your credit score. This makes it a good option to consider for drivers who may have a below-average credit history but who have minimal accidents and traffic violations on their records.

How long has Cure Auto Insurance been around?

CURE Auto Insurance has been around for about 33 years. It was founded in June 1990 by former New Jersey Insurance Commissioner James J. Sheeran and Lena Chang.

The company’s headquarters are located in West Windsor Township, New Jersey. Cure Auto Insurance is a not-for-profit reciprocal exchange, which means that it is owned by its policyholders. This structure allows Cure Auto Insurance to keep its rates lower than traditional insurance companies.

CURE Auto Insurance is licensed to offer auto insurance in the states of New Jersey, Michigan, and Pennsylvania. The company offers a variety of coverage options, including liability, comprehensive, and collision insurance. Cure Auto Insurance also offers discounts for things like good student status, anti-theft devices, and multiple vehicles.

CURE Auto Insurance has a B+ rating with the Better Business Bureau. The company has been rated 4.2 out of 5 stars on Google Reviews.

Is Cure auto insurance available in Florida?

No, CURE Auto Insurance is not available in Florida. The company is only licensed to offer auto insurance in the states of Michigan, New Jersey, and Pennsylvania.

Florida has its own set of auto insurance requirements, which are different from the requirements in other states. For example, Florida drivers are required to have Personal Injury Protection (PIP) insurance, which covers medical expenses for the driver and passengers in the event of an accident, regardless of who is at fault.

CURE Auto Insurance does not offer PIP insurance, so it is not available to Florida drivers.

If you are looking for auto insurance in Florida, you will need to shop around with different companies to find one that is licensed to operate in the state. You can compare quotes from different companies online or by calling a local agent.

Which insurance company is leaving Florida?

Several insurance companies have announced plans to leave Florida in recent months, including:

• Farmers Insurance
• United Property & Casualty
• Avatar Property & Casualty
• Centauri Insurance
• Lexington Insurance
• Bankers Insurance

These companies are leaving Florida due to the high cost of claims from hurricanes and other severe weather events. Florida is one of the most expensive states in the country for homeowners insurance, and the cost of premiums has been rising steadily in recent years.

The insurance companies that are leaving Florida are simply unable to afford to continue writing policies in the state.

The departure of these insurance companies is creating a crisis in the Florida insurance market. There are fewer and fewer companies willing to write policies in Florida, which is making it difficult for homeowners to find affordable insurance.

The Florida government is trying to address the crisis by passing new laws that would make it easier for insurance companies to operate in the state.

However, it is unclear whether these laws will be enough to stop the exodus of insurance companies from Florida.

If you are a homeowner in Florida, you should be prepared for the possibility of your insurance company leaving the state. You should start shopping around for a new policy now, and you should be prepared to pay higher premiums.

It is also a good idea to consider getting a policy that includes flood insurance, as flooding is a major risk in Florida.

How much is a Florida insurance license?

The cost of a Florida insurance license varies depending on the type of license you are applying for. The following are the fees for the most common types of insurance licenses in Florida:

• Property and Casualty (P&C) License: $50 application fee and $5 license ID fee, for a total of $55.
• Life and Health (L&H) License: $50 application fee and $5 license ID fee, for a total of $55.
• Adjuster License: $60 application fee and $5 license ID fee, for a total of $65.

In addition to the application and license fees, you will also need to pay for the cost of the pre-licensing education course. The cost of this course varies depending on the provider, but it typically ranges from $200 to $500.

Once you have completed the pre-licensing education course and passed the exam, you will be eligible to apply for your Florida insurance license. The application process is online and can be completed through the Florida Department of Financial Services website.

The total cost of getting a Florida insurance license can range from $255 to $755, depending on the type of license you are applying for and the cost of the pre-licensing education course. However, it is important to note that these are just the base fees. You may also incur additional costs for things like fingerprinting and background checks.

Here are some additional resources that you may find helpful:

• Florida Department of Financial Services
• National Association of Insurance Commissioners
• Insurance Institute of America

Who is the founder of cure insurance?

The founder of CURE Auto Insurance is Eric Poe. He is the current CEO of the company. Poe is a former New Jersey Insurance Commissioner and has over 30 years of experience in the insurance industry.

He founded CURE Auto Insurance in 1990 with the goal of providing affordable auto insurance to drivers in New Jersey. The company has since expanded to Michigan and Pennsylvania.

Poe is a passionate advocate for affordable auto insurance. He believes that everyone deserves to have access to quality insurance, regardless of their financial circumstances.

He is also committed to providing excellent customer service. CURE Auto Insurance has a reputation for being easy to work with and for providing quick and efficient claims service.

Under Poe’s leadership, CURE Auto Insurance has grown to become one of the largest auto insurers in New Jersey. The company has a strong financial rating and is committed to providing its policyholders with the best possible service.

 

What is the oldest insurance company?

The oldest insurance company in the world is the Hamburger Feuerkasse, which was founded in 1676 in Hamburg, Germany. It is the oldest existing insurance enterprise available to the public.

The company originally offered fire insurance, but it now offers a variety of other insurance products, including property, casualty, and life insurance.

The Hamburger Feuerkasse was founded by a group of merchants who were concerned about the risk of fire in their city. They pooled their money together to create a fund that would be used to pay for the damages caused by the fire.

This was the first time that insurance had been used to protect against a specific risk.

The Hamburger Feuerkasse was a success, and it soon became the leading insurance company in Germany. It was also one of the first insurance companies to offer life insurance.

The company’s success helped to spread the idea of insurance to other countries, and it is now one of the most important financial institutions in the world.

Here are some other oldest insurance companies in the world:

• The Sun (UK): Founded in 1710, The Sun is the oldest insurance company in the UK. It was originally founded as a marine insurance company, but it now offers a variety of other insurance products, including property, casualty, and life insurance.
• Equitable Life Assurance Society (UK): Founded in 1762, Equitable Life Assurance Society is the oldest mutual life insurance company in the world. It is still in operation today and is one of the largest life insurance companies in the UK.
• Philadelphia Contributionship (US): Founded in 1752, Philadelphia Contributionship is the oldest insurance company in the US. It is a mutual insurance company that specializes in fire insurance.
• Lloyd’s of London (UK): Founded in 1688, Lloyd’s of London is not a traditional insurance company. It is a marketplace where insurance buyers and sellers can meet to negotiate insurance contracts. Lloyd’s of London is the world’s leading insurance market for specialized risks, such as marine insurance and aviation insurance.

 

What are the two types of insurance in Florida?

There are two types of insurance that are required in Florida:

• Personal Injury Protection (PIP): PIP insurance covers medical expenses for the driver and passengers in the event of an accident, regardless of who is at fault. The minimum PIP coverage in Florida is $10,000.
• Property Damage Liability (PDL): PDL insurance covers damage to other people’s property in the event of an accident. The minimum PDL coverage in Florida is $10,000.

 

What insurance companies does Florida have?

There are many insurance companies that operate in Florida. Here are some of the most popular:

• Allstate: Allstate is one of the largest insurance companies in the United States. It offers a variety of insurance products, including auto, home, and life insurance.
  

   

• State Farm: State Farm is another large insurance company that offers a variety of insurance products. It is known for its customer service and claims handling.

  
• Geico: Geico is a popular insurance company that is known for its low rates. It offers a variety of insurance products, including auto, home, and renters insurance.

  
• Progressive: Progressive is a large insurance company that offers a variety of insurance products. It is known for its online quotes and customer service.

  

   

• Farm Bureau: Farm Bureau is a mutual insurance company that is owned by its policyholders. It offers a variety of insurance products, including auto, home, and life insurance.

  

In addition to these large companies, there are many smaller insurance companies that operate in Florida. It is important to shop around and compare quotes from different companies before choosing one.

Here are some resources that you may find helpful:

• Florida Department of Financial Services: The Florida Department of Financial Services regulates insurance companies in Florida. You can find information about insurance companies on the department’s website.

• National Association of Insurance Commissioners: The National Association of Insurance Commissioners is a national organization that works to protect consumers from unfair, deceptive, and abusive insurance practices. You can find information about insurance companies on the association’s website.

 

• Insurance Information Institute: The Insurance Information Institute is a non-profit organization that provides information about insurance to consumers. You can find information about insurance companies on the institute’s website.