Grange vs. Electric Insurance

Which insurance company is right for you? Compare ratings, plans, and quotes from Grange Insurance and Electric.

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Grange Insurance vs. Electric: What You Need To Know

Grange Insurance was formed in 1935, in Columbus, Ohio, to provide auto insurance for a specific group, Ohio State Grange members. Today, Grange Insurance is a large insurance carrier that offers affordable and customizable auto, home, life, and business insurance products. Together with Integrity Insurance, it sells across 13 states, including Georgia, Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia, and Wisconsin. The company also created a foundation called Grange Insurance Gives to support charitable giving and reinforce its deep commitment to serving the community.

The history of Electric Insurance Company began in 1927 when EMLICO, its former company was established to provide GE (General Electric Company) with Workers’ Compensation insurance in Massachusetts. The company was doing so well that it started providing coverage nationally for GE and also included general liability and commercial auto in its product portfolio. By 1966, Electric Insurance Company was formed to ensure GE employees, but after a while, it expanded its business to all consumers. During the 1990s the company becomes one of the first P&C carriers to offer consumers web-based insurance quotes. Today, Electric Insurance manages approximately $160 million in personal lines premiums for nearly 135,000 policyholders and has about $450 million in total written premium. Its services are offered in all 50 states directly via mobile applications and the web and through independent agencies. Its consumer base is 60% of GE employees and 40% general customers.

Below is a list of average rates, rankings, products, and discounts for the two companies. For full company overviews, you can visit Grange Insurance Overview and Electric Overview.

What Are Grange Insurance and Electric Insurance's Ratings?

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

ComparisonGrange InsuranceElectric
Year Founded19351966
BBB RatingA+A+
Financial StrengthExcellentExcellent
NAIC Complaint Index0.87

Grange Insurance or Electric: Insurance Products Offered

What coverage is available through Grange Insurance and Electric? Both insurance companies offer Auto and Home insurance. Additional products from Electric insurance also include Condo, Motorcycle, Renters, RV, 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 Grange Insurance and Electric Insurance page.

InsuranceGrange InsuranceElectric
Auto Insurance
Commercial Insurance
Condo Insurance
Home Insurance
Life Insurance
Motorcycle Insurance
Renters Insurance
RV Insurance
Umbrella Insurance

Grange Insurance or Electric: Ways To Save

Grange Insurance offers a wide range of discounts to its policyholders, including Good Student, Hybrid Vehicle, and Multi-Policy discounts. Whereas, Electric also offers a few discounts that Grange doesn’t, including Student-Away-from-Home, Safety Features, and Plan Ahead (Early Purchase) discounts. Start taking advantage of discounts offered by insurance providers like Electric and Grange Insurance and save yourself some money. You can review the full list of discounts that these two companies offer below.

Grange Insurance Electric
Distant Student DiscountAccident-free Discount
Good Student DiscountDriver Training Credit
Hybrid Vehicle DiscountElectric and Hybrid Vehicles Discount
Multi-Policy DiscountEmployer Group Discounts
Paid-in-full DiscountFamily & Friends Referral Discount
Safe Driver DiscountGood Student Discount
Low Annual Mileage Discount
Married Status Discount
Mature Driver Accident Prevention Course Discount
Multi-policy Discount
New Auto Insurance Customer Discount
New Vehicle Discount
Passive Restraints
Payment-in-full Discount
Plan Ahead (Early Purchase) Discount
Safe Driver Discount
Safety Features Discount
Student-Away-from-Home Discount

Pros & Cons of Grange Insurance & Electric

Pros

Grange Insurance
  • Grange Insurance offers personalized coverage, which allows you to tailor the insurance plan according to your needs and budget.
  • The company offers pet coverage included in the auto policy, which pays for your pet’s veterinary if they are injured in a crash.
  • Easy-to-use online account
  • Great financial standing
Electric
  • Long list of discounts
  • Additional dedicated discount for General Electric employees
  • Provides the convenience of starting a claim online

Cons

Grange Insurance
  • The claims process can be delayed according to some customer’s reviews.
  • Coverage limited - only in 13 states across the US
Electric
  • Confusing website information: the company lists the products, benefits, and discounts offered in different web pages making it difficult to get a full scope on what is offered.

Grange Insurance or Electric Mobile Apps Options

The Grange Insurance Mobile app is available for iOS and Android. This mobile app can help you to pay the bills, view coverages, display your ID card and get roadside assistance. If you don’t have insurance with the company yet, you can use the app to find an agent for more information.

The Always On Mobile app is available for iOS and Android. This mobile app can help you to view your auto insurance information, report an auto claim, upload photos of the vehicle damage, access 24 hours / 7 days a week emergency roadside assistance services, schedule glass repair and much more.

Grange Insurance Mobile App
iOS     4.29 user reviews
Android     4.324 user reviews
Electric Mobile App
iOS     12 user reviews
Android     1.934 user reviews

Grange Insurance & Electric Contact Info

Grange Insurance Contact Info
Address671 S. High Street Columbus, OH 43206
Phone1-800-422-0550
Websitehttps://www.grangeinsurance.com/
Facebookhttps://www.facebook.com/GrangeInsuranceMarketing
Instagramhttps://www.instagram.com/grange_insurance
Twitterhttps://twitter.com/GrangeInsurance
Youtubehttps://www.youtube.com/user/GrangeInsurance
Linkedinhttps://www.linkedin.com/company/grange-insurance
Electric Contact Info
Address75 Sam Fonzo Drive, Beverly, MA 01915
Phone1-800-342-5342
Websitehttps://eic.electricinsurance.com/
Facebookhttps://www.facebook.com/ElectricInsuranceCompany/
Twitterhttps://twitter.com/ElectricInsCo
Youtubehttps://www.youtube.com/channel/UC2YooRh-4qPtDgZvFHdFMIw
Linkedinhttps://www.linkedin.com/company/electricinsurancecompany/

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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