Grinnell vs. Pemco Insurance

Which insurance carrier is right for you? Compare premiums, insights, and quotes from Grinnell and Pemco.

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Grinnell vs. Pemco: What You Need to Know

Since 1909, Ginnell Mutual has been insuring people, and today it is the 114th-largest property-casualty insurance company in the U.S.. and the largest primary reinsurer of farm mutual companies in North America. Their insurance products are sold in 19 states.

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 Grinnell Mutual Overview and PEMCO Overview.

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

Below is a list of the average rates that drivers typically pay with Grinnell Mutual and PEMCO. On average, Grinnell Mutual charges approximately $127.58 per month while PEMCO comes in at around $99.58 per month. For Grinnell Mutual, the cheapest state average is Iowa at $125.68 per month and the most expensive is North Dakota at $134.60 per month. For PEMCO, the cheapest state average is Washington at $99.56 per month and the most expensive is Washington at $99.56 per month.

Grinnell Mutual

Average Rate

$127.58
PEMCO

Average Rate

$99.58
National

Average Rate

$120.30
State Grinnell Mutual PEMCO
Iowa $125.68 -
North Dakota $134.60 -
Washington- $99.56

Grinnell 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 Grinnell Mutual and PEMCO typically charge for drivers who have more than 1 vehicle.

Number of Vehicles Grinnell Mutual PEMCO
1 Vehicle $114.23 $93.85
2 Vehicles $186.03 $120.66

Grinnell 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 Grinnell Mutual charges $129.95 per month and PEMCO charges $96.25 per month for customers who own their home.

Own/Rent Grinnell Mutual PEMCO
Own $129.95 $96.25
Rent $126.53 $100.90

What is Grinnell and Pemco Insurance Rating?

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

ComparisonGrinnellPemco
Year Founded19091949
Market Share3.8%
A.M. Best RatingAB++
BBBA+A+
Financial StrengthExcellentExcellent
JD PowerAmong the Best
S&P RatingA

Grinnell or Pemco: Insurance Products Offered

What coverage is available through Grinnell and Pemco? Both insurance companies offer Auto, Home, Renters, and Umbrella insurance. Additional products from Pemco insurance also includes Condo, Motorcycle, and RV insurance. Considering these two top insurance providers? Check out the list below. To view a full list of products that are available, visit Grinnell Mutual and PEMCO Insurance page.

InsuranceGrinnellPemco
Auto Insurance
Commercial Insurance
Condo Insurance
Farm Insurance
Home Insurance
Motorcycle Insurance
Renters Insurance
RV Insurance
Umbrella Insurance

Grinnell or Pemco: Ways To Save

Pemco offers a wide range of discounts to its policyholders, including Advance Purchase (for new business), Auto Plus Home, and Defensive Driver discounts. Whereas, Grinnell also offers a few discounts that Pemco doesn’t, including Small At-fault Accident Forgiveness, Passive Restraint/Airbags, and Paid-in-Full discounts. Start taking advantage of discounts offered by insurance providers like Pemco and Grinnell insurance and save yourself some money. You can review the full list of discounts that these two companies offer below.

GrinnellPemco
Anniversary DiscountAccident Forgiveness Benefit
Anti-lock Brakes DiscountAdvance Purchase Discount (for new business)
Anti-theft DiscountAuto Plus Home Discount
Claim-free DiscountDefensive Driver Discount
Defensive Driver DiscountDistant Student Discount
Electronic Funds Transfer DiscountEducator Discount
Elite Driver (Good Driver)Good Student Discount
Excess Vehicles DiscountHomeownership Discount
Good Student DiscountLife Insurance (only for members of the teacher’s credit union)
Mile MarkerLow Mileage Discount
Minor Violation ForgivenessLoyal Auto Customer Discount
Motor Homes Limited Use DiscountMinor Ticket Forgiveness Benefit
Multi-Car DiscountNew Vehicle Discount
Multi-policy DiscountPaid in Full Discount
Paid-in-Full DiscountSafety/Security Feature Discount
Passive Restraint/Airbags DiscountUniversity of Washington Alumni Discount
Small At-fault Accident Forgiveness

Pros & Cons of Grinnell & Pemco

Pros

Grinnell
  • Grinnell offers good customer service and reliable insurance products.
  • Customized commercial policies.
Pemco
  • PEMCO was ranked amongst the best by JD Power.
  • Positive reviews from customers

Cons

Grinnell
  • Grinnell auto insurance is only available in 19 states.
Pemco

Grinnell 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.

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

Grinnell & Pemco Contact Info

Grinnell Contact Info
Address4215 Highway 146 South, P.O. Box 790, Grinnell, IA 50112-0790
Phone1-800-362-2041
Websitehttps://www.grinnellmutual.com/
Facebookhttps://www.facebook.com/myGrinnellMutual/
Youtubehttps://www.youtube.com/user/grinnellmutual
Twitterhttps://twitter.com/GrinnellMutual
Linkedinhttps://www.linkedin.com/company/grinnellmutual/
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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