Insurance

Way.com and CURE Auto Insurance initiative to help save millions in catastrophic hurricane damage

CURE Auto Insurance and Way.com partner to protect customers’ cars from damage due to hurricanes and tropical storms as these can cause millions in damage.

carA white glove service, the initiative Catastrophe Loss Mitigation program, will notify customers in projected impact zones of severe hurricane and flooding events, in advance of the storm, of a prepaid local parking garage reservation.

This notification, which will be received via phone, will also let customers know about any credits for Uber transportation to and from dropping off their vehicle.

The program is now available in hurricane-affected states including Florida, Texas, Louisiana, North Carolina, South Carolina, Alabama, Georgia, Mississippi, New York, New Jersey, Massachusetts, Pennsylvania, and Virginia.

According to the announcement, CURE’s signing makes it the first to market, amongst auto insurers, for this type of hurricane and flood loss prevention.

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Three additional carriers have recently signed on to partner with Way for the program, and the team is hoping to add any other carriers.

CURE’s Chief Operating Officer, Sean Albert, said: We are in the business of risk management, and every day, you’d take a loss avoided over a loss incurred. Unlike the homeowner’s insurance market, as an auto insurer, the property we insure can be moved out of harm’s way. This initiative is a no-brainer for the customer and all sides involved – everyone wins.”

Way’s Vice President of Strategic Partnerships JR Anciano added: “In the last 5 years, 1.6 million cars have been lost due to flooding. When families evacuate, they typically leave together and often must leave a car behind.

“Now their vehicle can be taken to a safe, protected space. The team at Way is proud to provide solutions to our partners to help them meet important needs in the market for their customers.”

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