Which insurance company is right for you? Compare premiums, ratings, and quotes from Hastings Mutual and Pekin.
Hastings Mutual Company was founded in 1885 as Michigan Mutual Tornado, Cyclone and Windstorm Insurance Company to help protect local residents against the tornados that had destroyed small communities of Hastings and other parts of Michigan. The company continued to grow over the years and expanded its business.
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. 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 Hastings Mutual Insurance Co Overview and Pekin Insurance Overview.
Which car insurance company is better? We've made it easy to compare companies side by side. See how Hastings Mutual and Pekin ranked among the industry ratings.
Comparison | Hastings Mutual | Pekin |
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Year Founded | 1885 | 1921 |
Market Share | 0.2% (2018) | |
A.M. Best Rating | A | A- |
BBB Rating | A+ | c- |
Financial Strength | Excellent | Excellent |
JD Power Ranking | Above Average |
What coverage is available through Hastings Mutual and Pekin? Both insurance companies offer Auto, Commercial, Condo, Home, Renters, and RV insurance. Additional products from Pekin insurance also includes Health, Life, Motorcycle, 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 Hastings Mutual Insurance Co and Pekin Insurance Insurance page.
Insurance | Hastings Mutual | Pekin |
---|---|---|
Auto Insurance | ✔ | ✔ |
Commercial Insurance | ✔ | ✔ |
Condo Insurance | ✔ | ✔ |
Farm Insurance | ✔ | |
Health Insurance | ✔ | |
Home Insurance | ✔ | ✔ |
Life Insurance | ✔ | |
Motorcycle Insurance | ✔ | |
Renters Insurance | ✔ | ✔ |
RV Insurance | ✔ | ✔ |
Umbrella Insurance | ✔ |
Hastings Mutual offers a wide range of discounts to its policyholders, including Claim Free, Defensive Driving, and Good Student discounts. In contrast, Pekin also offers a few discounts that Hastings Mutual 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 Hastings Mutual insurance and save yourself some money. You can review the full list of discounts that these two companies offer below.
Hastings Mutual | Pekin |
---|---|
Away at School Discount | Advance Issue |
Claim Free Discount | Anti-theft Device |
Defensive Driving Discount | Auto/Home Bundle |
Good Student Discount | Defensive Driver (Not Available in Indiana) |
Multi-car Discount | EFT |
Multi-policy Discount | Good Student |
Paid in Full Discount | Hybrid Auto |
Paperless Bills Discount | Mandatory Seatbelt (Only Available in Iowa) |
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.
Hastings Mutual Mobile App | ||
---|---|---|
Hastings Mutual does not currently have a mobile app. |
Pekin Mobile App | ||
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Pekin does not currently have a mobile app. |
Hastings Mutual Contact Info | |
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Address | 404 E. Woodlawn Ave. Hastings, MI 49058 |
Phone | 1-800-442-8277 |
Website | https://www.hastingsmutual.com/ |
https://www.facebook.com/HastingsMutual/ | |
https://www.linkedin.com/company/hastings-mutual-insurance-company/ |
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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