CURE Motorcycle Insurance Review

Donna Junior

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Cure is a company that specializes in motorcycle insurance. They don't use your credit score as a rating factor and offer several discounts for multiple vehicles. Many customers report that signing up for a policy was a breeze and that they had no issues with claims. They also offer discounts for teen riders and loss-free policies.

Offers discounts for multi-vehicle policies

If you have multiple cars and want to get cheaper car insurance, you may want to consider switching to a multi-car policy. These policies offer similar coverage as single-car policies but include a discount on each car's premium. Adding a second car may provide you with a deeper discount, but you will need to know which insurers offer multi-vehicle policies. The discounts will vary, but usually range from 4 to 30 percent. You might be eligible for a higher discount if you have a vehicle equipped with airbags and an anti-theft system.

State Farm also offers multi-car discounts for their customers. This discount varies by policy type, but on average, State Farm offers a 20% multi-car discount. You can bundle your multi-vehicle discount with other insurance to save even more money.

Does not use credit score as a rating factor

CURE motorcycle insurance does not use credit score as determining factor for rate. Many studies show that lower insurance scores are associated with higher risk of filing a claim. Consumer advocates say this is unfair because it makes insurance more expensive for those with low incomes. However, CURE CEO Eric Poe said the company is aware of this risk and will not hesitate to give customers lower rates right away.

A low credit score can hurt a person's insurance score because it indicates an inability to pay for damages or to make premium payments on time. It can increase the cost of a policy, and some insurers will decline to issue it if you have a low credit score.

Offers teen discounts

If you have a teen driver, you should consider a policy with Cure Auto Insurance. This company sets rates based on the history of each individual driver. It also does not discriminate between families with teenagers. Teenagers are a large contributor to the skyrocketing cost of insurance. This company also provides a text message service that allows you to pay your bill without leaving home. For $5.99 a month, you can get this service and save even more money.

Cure Auto Insurance is a not-for-profit insurance company that is committed to its customers. The company also has a long history of supporting the community. It sponsors an annual scholarship program, "Pay it Forward," which has given more than $140,000 to deserving students. In addition, it sends executive representatives to high schools to speak to students about vehicle safety. Cure is available in two states: Pennsylvania and New Jersey.

Offers loss-free discounts

Cure insurance offers good driver discounts for customers who have maintained a loss-free driving record for at least two years. This discount is valid on all coverage types, including medical expense and basic first-party coverage. The policy also offers multi-vehicle collision discounts, which can be worth up to 15%.

The company was eager to expand into Michigan when it first started offering insurance in the 1990s. Poe's mother, an insurance actuary, and stepfather, a former New Jersey insurance commissioner, created the company, which is now considered a reciprocal insurance exchange that pools premiums and shares risk. As a result, CURE's rates are lower than those of most other insurance providers.
 
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