Cure Car Insurance

CURE is an acronym for Citizens United Reciprocal Exchange, a not-for-profit reciprocal exchange.

A reciprocal exchange is a unit of individuals, entities or corporations who, as members, reach a decision to exchange contracts of insurance (policies) and share their insurance risks amongst themselves within their exclusive group. Every member (policyholder) of a reciprocal exchange personally assigns and empowers a common attorney-in-fact to administer the dealings of the exchange.

Reciprocal exchanges have long been successful alternatives to conventional insurance companies and are not a new concept. Actually, two of the six major nationwide auto insurers are reciprocal exchanges.

CURE is dissimilar from the majority of insurance companies in numerous ways. First, CURE operates in a not-for-profit manner, so there is an requirement to keep any unused premiums - or "profits" - in the Exchange and to use them only for the benefit of its members – not as profits to stockholders.

CURE's premium covers a full 12 months of protection. The majority of other insurers cite prices for policies lasting only six months, so rates can be raised and penalty charges promptly added.

CURE cares more about how you drive, so we decline to assume discriminatory rating factors that most other insurers use. These factors can raise your rates as much as 50% and have nothing to do with your driving record - these rating factors include:

Credit Score – the lower your credit score, the more other insurance providers will charge. CURE doesn’t use your credit score as an issue in determining rates.

Education – many of the leading insurance companies establish your rate based on your education level. If you don’t have a 4-year college degree, your rates will rise. CURE doesn’t use education as an issue in determining rates. 

Occupation – a lot of national companies decide your rates based on your job. And some companies – such as GEICO – provide their least favorable rates to those they categorize as "blue and grey collar workers." CURE doesn’t use occupation as an issue in determining rates.

Home Ownership – a lot of insurance providers establish your rates on whether or not you own a home and will charge higher rates to those who don’t. CURE doesn’t use home ownership as an issue in determining rates.