White Plains, New York – May 21, 2013 -- Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property/casualty insurer that exclusively caters to responsible high net worth individuals and families, has announced that it will begin offering automobile insurance to its membership in Massachusetts. PURE began insuring fine homes, jewelry and art collections, excess liability and watercraft in the Commonwealth in 2011. The company’s focus on alignment, coupled with careful selection of members and proactive risk management, has enabled it to deliver generous coverage and an exceptional member experience at highly competitive rates.
An Exceptional Member Experience
PURE Member Advocates® offer concierge-level services to help members save time and eliminate hassles associated with reducing risk and resolving claims. Members with PURE automobile coverage can rely on their Member Advocate to help locate replacement or rental vehicles, find a specialized mechanic, and coordinate repairs following a loss.
PURE members benefit from the ability to insure various vehicle types (regular use vehicles, motorcycles, antique cars, and more) on a single policy, as well as the convenience of an account bill and single renewal date for all of their policies. What’s more, in the event of a loss that damages both a home and automobile – for example, one resulting from a major weather event – members benefit from the response of a single claims adjuster. This can often eliminate hassles and make the claims process quicker.
Insurance Coverage Designed for High Net Worth Families
PURE’s policies were designed expressly for the unique needs of successful families with significant assets to protect. “Many of our clients have found superior claims response and greater overall value in the homeowners insurance offerings of specialist carriers like PURE,” said Jeff Grosser, Vice President/Partner of Rodman Insurance Agency in Needham. “We’re thrilled to be able to offer them a specialist solution for their automobile needs as well.”
PURE’s automobile coverage includes:
For promotional purposes, PURE refers to the members of the PURE Group of Insurance Companies. PURE Group is rated “A-” (Excellent) by A.M. Best Company. Insurance coverage is underwritten through Privilege Underwriters Reciprocal Exchange, a Florida-domiciled reciprocal insurance exchange and member of the PURE Group. PURE provides coverage for high-value homes, automobiles, jewelry, art, personal liability and watercraft to more than 20,000 successful families in 41 markets across the U.S. and is committed to helping its members (policyholders) reduce the price of insurance today while controlling their long-term cost of risk. In return for a fee, PURE Risk Management, LLC acts as Attorney-in-Fact for PURE. For more information or to find a local agent, visit pureinsurance.com.
Interviews with PURE's executives, agents and members may be coordinated. Copies of the A.M Best Company report are available.
This material is descriptive only. The precise coverage offered is subject to the terms and conditions of the policies issued. The rights and responsibilities of members are subject to the Subscriber’s Agreement and Power of Attorney. Coverage may not be available in all jurisdictions. *Average savings as of 12/2012 based on members countrywide who reported savings to PURE since inception. Actual savings, if any, will vary.