PURE Insurance was founded in 2006 and insures high net-worth individuals and families.
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.
Year Founded | 2006 |
Financial Strength | Excellent |
BBB | A+ |
PURE Insurance does not currently have a mobile app.
Tokio Marine Holdings Inc. bought Privilege Underwriters Inc and PURE Group for $3.1 billion in October 2019.
Member advocates at PURE Insurance work with you before, during and after a claim. They help you arrange everything to get your situation back to normal.
PURE Insurance insures high net-worth individuals and families...
The PURE360™ is a concierge-level service that helps members prevent losses and determine a fair replacement cost of their home.
With Extended Transportation Expenses coverage, if your car’s getting repaired, you’ll have a rental of the same kind and quality brought to you. If your car breaks down more than 50 miles from home, the coverage can be applied to hotel accommodations, meals and additional travel expenses up to $5,000 without a deductible.
You can receive discounts and lower premiums by insuring more cars than drivers, keeping a child’s vehicle at home while they are away at college, limiting the days you drive your collector car and any other decisions that reduce risk.
Yes, if you have a clean driving record, your first claim is paid and will not impact renewal rates.
If your car’s getting repaired, you’ll have a rental of the same kind and quality brought to you. If your car breaks down more than 50 miles from home, the coverage can be applied to hotel accommodations, meals and additional travel expenses up to $5,000 without a deductible.
Yes, if you have a total loss, PURE will pay the difference if you still owe money on the totaled car.
With Unlimited Roadside Assistance, you will have 24/7 assistance with towing, tire replacement, lockouts, and breakdowns. Coverage is included and unlimited for disablements resulting from covered losses. You can purchase an extension for other disablements as well. No, it doesn’t count as a claim.
PURE offers Jewelry, Art & Collections Insurance, which has flexible coverage options, concierge assistance and protection against market increases. You have up to 90 days to schedule new items. For losses, PURE pays losses up to 150% of the item’s schedule value. Coverage is available up to $50,000 for jewelry that is lost, misplaced or stolen.
It means that you won’t have to pay the deductible if you’re covered for the loss. If you carry a deductible of $25,000 or less and experience a covered loss exceeding $50,000, PURE will waive that deductible.
Yes, PURE offers Guaranteed Replacement. High-value homes need guaranteed replacement coverage, which pays the cost of rebuilding a home even when it exceeds coverage limits.
How much does a member save on PURE Home Insurance?
Auto Insurance | Homeowners Insurance |
Condo and Co-op Insurance | Personal Excess Insurance |
Jewelry, Art & Collections | Fraud & Cyber Fraud |
Watercraft | Flood |
PURE Home Systems Protection | Coverage for High-Risk Home Provided Through PURE Programs |
This form of coverage is required in every state. It covers bodily injuries to a third party in an accident that was deemed your fault.
This form of coverage is required in every state. It covers property damage and loss of use to a third party.
This coverage pays for damages and loss other than that caused by a collision. It is subject to a deductible.
his coverage pays for damages and loss caused by impact with another automobile, object or person. It is subject to a deductible.
If you have a clean record, the first accident claim is paid with no penalties at renewal.
You can replace a totaled vehicle with one of the same kind and quality, based on an agreed-upon fixed amount due in the event of a total loss, regardless of depreciation and without a deductible.
If you have a total loss, Pure will pay the difference if you still owe money on the totaled car.
If you rent or borrow a vehicle anywhere in the world (up to 90 days), your policy covers both property and liability damage.
If your car’s getting repaired, you’ll have a rental of the same kind and quality brought to you. If your car breaks down more than 50 miles from home, the coverage can be applied to hotel accommodations, meals and additional travel expenses up to $5,000 without a deductible.
Your car will be repaired according to the highest standards, including original equipment manufacturers’ (OEM) parts, regardless of wear and tear on existing parts.
If you are in an accident with an at-fault uninsured driver, your collision coverage will apply without a deductible. With Pure’s Personal Excess Liability policy, you can purchase additional Uninsured Motorists limits up to $10 million.
You will have 24/7 assistance with towing, tire replacement, lockouts, and breakdowns. Coverage is included and unlimited for disablements resulting from covered losses. You can purchase an extension for other disablements as well.
You can receive discounts and lower premiums by insuring more cars than drivers, keeping a child’s vehicle at home while they are away at college, limiting the days you drive your collector car and any other decisions that reduce risk.
More Cars Than Drivers Discount | Clean Loss History Discount |
Multiple Policy Discounts | Seasonal Use Discount |
Jewelry Appraisal Discount | Storage Discount |
5% Discount on Homeowners with Flood Policy | Gated Community Discount |
Impact-resistant Windows and Roofing Discount | Central Burglar/Fire Alarm Discount |
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Own/Rent | Avg Monthly Rate |
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Address | PO Box 480, Elmsford, NY 10523 |
Phone | 1 (888) 813-7873 |
Website | https://www.pureinsurance.com/ |
https://www.facebook.com/PUREinsuranceUS/ | |
Youtube | https://www.youtube.com/user/puremktg/ |
https://twitter.com/PUREinsurance | |
https://www.linkedin.com/company/pure-group-of-insurance-companies/ |
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.
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