Which insurance carrier is right for you? Compare savings, coverage, and quotes from Encova and Pekin.
Encova Insurance Company was formed when two companies, Motorists Insurance Group and Brickstreet, merged and rebranded as one company in 2019. With combined insights from decades of industry experience, Motorists Insurance Group and BrickStreet together sell auto, commercial, home, and life insurance products and pushing innovation for their agents and policyholders.
In 1921, a group of farmers, all members of the Tazewell County Farm Bureau, formed an organization to make automobile insurance more affordable. The organization was called The Farmers Automobile Insurance Association. The first Pekin Insurance office was located in the Tazewell County Courthouse, a space donated by the County Board Supervisors. With 187 policies, the six-month premium was $5 for glass, fire, lightning, windstorm, full-coverage collision, property damage, and bodily injury. All cars were charged the same premium. In 1932, they added 24-hour claim service. They adopted the telephone number #1334 for claims service. By 1939, Pekin had 20,000 policies and by 1945, 30,000. In 1952, they added fire insurance and in 1960, Inland Marine coverage. In 1966, the company moved into its new and current home office on Court Street and they now have 8 service offices in six states: Arizona, Illinois, Indiana, Iowa, Ohio, and Wisconsin. Pekin Life Insurance Company, which was established in 1969, also offers products in Kansas, Kentucky, Louisiana, Michigan, Minnesota, Missouri, Nebraska, Pennsylvania, and Virginia. They began selling group health insurance in 1970 and pre-need insurance in 1993. In 2010, they adopted a new slogan, Beyond the expected®. In 2011, they created a unit called Group Plan Solutions for businesses. Today Pekin Insurance has over 900,000 policyholders and more than 8,500 independent agents.
Below is a list of average rates, rankings, products and discounts for the two companies. For full company overviews, you can visit Motorists Mutual Overview and Pekin Insurance Overview.
Which car insurance company is better? We've made it easy to compare companies side by side. See how Encova and Pekin ranked among the industry ratings.
Comparison | Encova | Pekin |
---|---|---|
Year Founded | 1928 (Motorists Insurance Group) | 1921 |
BBB Rating | c- | |
Financial Strength | Excellent | Excellent |
NAIC Complaint Ratio | 0.18 |
What coverage is available through Encova and Pekin? Both insurance companies offer Auto, Commercial, Condo, Home, Life, Motorcycle, Renters, and RV insurance. Additional products from Pekin insurance also includes Health 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 Motorists Mutual and Pekin Insurance Insurance page.
Insurance | Encova | Pekin |
---|---|---|
Auto Insurance | ✔ | ✔ |
Commercial Insurance | ✔ | ✔ |
Condo Insurance | ✔ | ✔ |
Health Insurance | ✔ | |
Home Insurance | ✔ | ✔ |
Life Insurance | ✔ | ✔ |
Motorcycle Insurance | ✔ | ✔ |
Renters Insurance | ✔ | ✔ |
RV Insurance | ✔ | ✔ |
Umbrella Insurance | ✔ |
Encova offers a wide range of discounts to its policyholders, including Driver Training, EFT, and Empty Nester discounts. In contrast, Pekin also offers a few discounts that Encova doesn’t including Tenure, Safety Equipment (Only Available in Ohio), and Paid-in-Full discounts. Start taking advantage of discounts offered by insurance providers like Pekin and Encova insurance and save yourself some money. You can review the full list of discounts that these two companies offer below.
Encova | Pekin |
---|---|
Anti-Theft Devices Discount | Advance Issue |
Driver Training Discount | Anti-theft Device |
EFT Discount | Auto/Home Bundle |
Empty Nester Discount | Defensive Driver (Not Available in Indiana) |
Excellent Driving Record Discount | EFT |
Good Student Discount | Good Student |
Long-Time Customer Discount | Hybrid Auto |
Married Professional Discount | Mandatory Seatbelt (Only Available in Iowa) |
Multi-policy Discount | Multi-Car |
Paid-in-Full | |
Safety Equipment (Only Available in Ohio) | |
Tenure |
Not rated. Pekin only has an Insurance Events app on Google Play, which is intended to help you with schedules, dining information, maps and more.
Encova Mobile App | ||
---|---|---|
Encova does not currently have a mobile app. |
Pekin Mobile App | ||
---|---|---|
Pekin does not currently have a mobile insurance app. |
Encova Contact Info | |
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Address | 471 E. Broad St. Columbus, OH 43215 |
Phone | 1-800-876-6642 |
Website | https://www.encova.com/ |
https://www.facebook.com/MotoristsInsuranceGroup | |
https://www.linkedin.com/company/encova/ |
Pekin Contact Info | |
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Address | 2505 Court St, Pekin, IL 61558 |
Phone | 1-800-322-0160 |
Website | https://www.pekininsurance.com/ |
https://www.facebook.com/PekinInsurance/ | |
Youtube | https://www.youtube.com/user/PekinInsurance |
https://twitter.com/pekininsurance | |
https://www.linkedin.com/company/pekin-insurance/ |
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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