Encova vs. Pemco Insurance

Which insurance company is right for you? Compare plans, insights, and quotes from Encova and Pemco.

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Encova vs. Pemco: What You Need to Know

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.

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 Motorists Mutual Overview and PEMCO Overview.

Motorists Mutual vs. PEMCO: How much are the Average Rates?

Below is a list of the average rates that drivers typically pay with Motorists Mutual and PEMCO. On average, Motorists Mutual charges approximately $194.79 per month while PEMCO comes in at around $99.12 per month. For Motorists Mutual, the cheapest state average is Ohio at $112.34 per month and the most expensive is Pennsylvania at $332.89 per month. For PEMCO, the cheapest state average is Washington at $99.08 per month and the most expensive is Washington at $99.08 per month.

Motorists Mutual

Average Rate

$194.79
PEMCO

Average Rate

$99.12
National

Average Rate

$119.70
State Motorists Mutual PEMCO
Indiana $130.91 -
Kentucky $152.46 -
Ohio $112.34 -
Pennsylvania $332.89 -
Washington- $99.08
West Virginia $210.14 -

Motorists Mutual vs. PEMCO: Rates by Number of Vehicle

Home

Drivers will typically get a discount if they insure multiple vehicles. Here is a list of average rates that Motorists Mutual and PEMCO typically charge for drivers who have more than 1 vehicle.

Number of Vehicles Motorists Mutual PEMCO
1 Vehicle $182.91 $93.34
2 Vehicles $242.75 $118.31

Motorists Mutual vs. PEMCO: Rates by Homeownership

Home

Drivers who own their home rather than rent can sometimes get a small discount. We found that on average Motorists Mutual charges $188.22 per month and PEMCO charges $96.77 per month for customers who own their home.

Own/Rent Motorists Mutual PEMCO
Own $188.22 $96.77
Rent $197.86 $100.27

What is Encova and Pemco Insurance Rating?

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

ComparisonEncovaPemco
Year Founded1928 (Motorists Insurance Group)1949
Market Share3.8%
A.M. Best RatingA-B++
BBB RatingA+
Financial StrengthExcellentExcellent
JD Power RankingAmong the Best
NAIC Complaint Ratio0.18

Encova or Pemco: Insurance Products Offered

What coverage is available through Encova and Pemco? Both insurance companies offer Auto, Condo, Home, Motorcycle, Renters, and RV insurance. Additional products from Encova insurance also includes Commercial and Life 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 PEMCO Insurance page.

InsuranceEncovaPemco
Auto Insurance
Commercial Insurance
Condo Insurance
Home Insurance
Life Insurance
Motorcycle Insurance
Renters Insurance
RV Insurance
Umbrella Insurance

Encova or Pemco: Ways To Save

Encova offers a wide range of discounts to its policyholders, including Driver Training, EFT, and Empty Nester discounts. In contrast, Pemco also offers a few discounts that Encova 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 Encova insurance and save yourself some money. You can review the full list of discounts that these two companies offer below.

EncovaPemco
Anti-Theft Devices DiscountAccident Forgiveness Benefit
Driver Training DiscountAdvance Purchase Discount (for new business)
EFT DiscountAuto Plus Home Discount
Empty Nester DiscountDefensive Driver Discount
Excellent Driving Record DiscountDistant Student Discount
Good Student DiscountEducator Discount
Long-Time Customer DiscountGood Student Discount
Married Professional DiscountHomeownership Discount
Multi-policy DiscountLife Insurance (only for members of the teacher’s credit union)
Low Mileage Discount
Loyal Auto Customer Discount
Minor Ticket Forgiveness Benefit
New Vehicle Discount
Paid in Full Discount
Safety/Security Feature Discount
University of Washington Alumni Discount

Pros & Cons of Encova & Pemco

Pros

Encova
  • Encova has decades of industry experience and it is represented by more than 17,000 independent agents.
  • Financial stability is rated A- (Excellent) by A.M. Best.
  • Offers competitive rates.
Pemco
  • PEMCO was ranked amongst the best by JD Power.
  • Positive reviews from customers

Cons

Encova
  • Encova doesn’t have a mobile app.
Pemco

Encova 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.

Encova Mobile App
Encova does not currently have a mobile app.
Pemco Mobile App
iOS     3.65 user reviews
Android     4.368 user reviews

Encova & Pemco Contact Info

Encova Contact Info
Address471 E. Broad St. Columbus, OH 43215
Phone1-800-876-6642
Websitehttps://www.encova.com/
Facebookhttps://www.facebook.com/MotoristsInsuranceGroup
Linkedinhttps://www.linkedin.com/company/encova/
Pemco Contact Info
Address1300 Dexter Avenue N. Seattle, WA 98109-3571
Phone1 (800) 467-3626
Websitehttps://pemco.com/
Facebookhttps://www.facebook.com/PEMCOInsurance/
Youtubehttps://www.youtube.com/channel/UChCRheGkktnLSRYpqBsEP8g
Twitterhttps://twitter.com/PEMCO
Linkedinhttps://www.linkedin.com/company/pemco/

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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