Pure Companies vs. Pemco Insurance

Pure Companies vs. Pemco: What You Need to Know

PURE insurance focuses on high net-worth individuals to create specialized insurance solutions. Policies are broad and flexible and tailored to individual needs. CEO Ross Buchmueller has a career that spans more than 30 years of focus on specialized property and casualty needs of high net-worth individuals and families. He was at Chubb Group for more than a decade and founded AIG’s Private Client Group, serving as its president for more than six years. In 2006, he and colleagues Martin Hartley and Jeffrey Paraschac set out to create an insurance company with a reduced conflict between shareholders and policyholders while providing exceptional coverage, service, and savings. The holding company for the PURE Group of Insurance Companies is called Privilege Underwriters. PURE stands for Privilege Underwriters Reciprocal Exchange. Pure insurance recapitalized equity investments from funds managed by Stone Point Capital, KKR and the management team in 2015. Tokio Marine Holdings Inc. bought Privilege Underwriters Inc and PURE Group for $3.1 billion in October 2019. The acquisition closed the first quarter of 2020. The company is expended to expand and diversify its international business. PURE has a 96% member retention rate and an industry-leading Net Promoter Score. The company has been growing rapidly and has a premium volume in excess of $400 million.

Pemco was founded in 1949 by Robert J. Handy, a Seattle journalism and math teacher. He had at first envisioned insuring teachers, who were members of the Seattle Teachers Credit Union which he founded in 1939 (it later became the School Employees Credit Union of Washington). He wanted to “create a financial institution with a heart.” Handy was also working for an insurance agency, which enabled him to sell auto insurance to educators who came to the credit union to secure car loans.

Below is a list of average rates, rankings, products and discounts for the two companies. For full company overviews, you can visit Pure Companies Grp Overview and PEMCO Overview.

Pure Companies Grp vs. PEMCO: How much are the Average Rates?

Pure Companies Grp vs. PEMCO: Rates by Number of Vehicle

Pure Companies Grp vs. PEMCO: Rates by Homeownership

What is Pure Companies and Pemco Insurance Rating?

Which car insurance company is better? We've made it easy to compare companies side by side. See how Pure Companies and Pemco ranked among the industry ratings.

Pure Companies or Pemco: Insurance Products Offered

What coverage is available through Pure Companies and Pemco? Both insurance companies offer Auto, Condo, Home, and RV Insurance. Additional products from Pemco insurance also includes Commercial, Motorcycle, Renters, and Umbrella Insurance. Considering these two top insurance providers? Check out the list below. To view a full list of products that are available, visit Pure Companies Grp and PEMCO Insurance page.

Pure Companies or Pemco: Ways To Save

Pure Companies offers a wide range of discounts to its policyholders, including Central Burglar/Fire Alarm, Clean Loss History, and Gated Community discounts. Pemco also offers a few discounts that Pure Companies doesn’t including University of Washington Alumni, Safety/Security Feature, and Paid in Full discounts. Start taking advantage of discounts offered by insurance providers like Pemco and Pure Companies insurance and save yourself some money. You can review the full list of discounts that these two companies offer below.

Pure Companies or Pemco Mobile Apps Options

The Go PEMCO app connects you to your PEMCO policy no matter where you are. You have access to vehicle insurance ID cards, your policy, and discounts. You can also make changes to your policy, view documents and bills and pay your bill. Local repair shops are listed for you too.

Pure Companies does not currently have a mobile app.

Pure Companies & Pemco Contact Info

Methodology
The statistics listed on this page are from our own in house reporting. We track and record quotes that carriers have provided based on various criteria. The rates and averages shown on this page should only be used as an estimate.