Pekin vs. Grinnell Insurance

Which insurance carrier is right for you? Compare coverage, pros & cons, and quotes from Pekin and Grinnell.

Compare Car Insurance Rates in Your Area

Pekin vs. Grinnell: What You Need to Know

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.

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.

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

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

Below is a list of the average rates that drivers typically pay with Pekin Insurance and Grinnell Mutual. On average, Pekin Insurance charges approximately $88.01 per month while Grinnell Mutual comes in at around $122.46 per month. For Pekin Insurance, the cheapest state average is Indiana at $72.81 per month and the most expensive is Illinois at $97.85 per month. For Grinnell Mutual, the cheapest state average is North Dakota at $114.00 per month and the most expensive is Iowa at $124.13 per month.

Pekin Insurance

Average Rate

$88.01
Grinnell Mutual

Average Rate

$122.46
National

Average Rate

$117.77
State Pekin Insurance Grinnell Mutual
Illinois $97.85 -
Indiana $72.81 -
Iowa $73.91 $124.13
North Dakota- $114.00
Wisconsin $95.79 -

Pekin Insurance vs. Grinnell Mutual: 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 Pekin Insurance and Grinnell Mutual typically charge for drivers who have more than 1 vehicle.

Number of Vehicles Pekin Insurance Grinnell Mutual
1 Vehicle $83.01 $110.17
2 Vehicles $109.87 $172.50

Pekin Insurance vs. Grinnell Mutual: Rates by Homeownership

Home

Drivers who own their home rather than rent can sometimes get a small discount. We found that on average Pekin Insurance charges $82.18 per month and Grinnell Mutual charges $123.22 per month for customers who own their home.

Own/Rent Pekin Insurance Grinnell Mutual
Own $82.18 $123.22
Rent $91.45 $121.99

What is Pekin and Grinnell Insurance Rating?

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

ComparisonPekinGrinnell
Year Founded19211909
A.M. Best RatingA-A
BBBc-A+
Financial StrengthExcellentExcellent
S&P RatingA

Pekin or Grinnell: Insurance Products Offered

What coverage is available through Pekin and Grinnell? Both insurance companies offer Auto, Commercial, Home, Renters, Umbrella insurance. Additional products from Pekin insurance also includes Condo, Health, Life, 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 Pekin Insurance and Grinnell Mutual Insurance page.

InsurancePekinGrinnell
Auto Insurance
Commercial Insurance
Condo Insurance
Farm Insurance
Health Insurance
Home Insurance
Life Insurance
Motorcycle Insurance
Renters Insurance
RV Insurance
Umbrella Insurance

Pekin or Grinnell: Ways To Save

Pekin offers a wide range of discounts to its policyholders, including Anti-theft Device, Auto/Home Bundle, and Defensive Driver (Not Available in Indiana) discounts. In contrast, Grinnell also offers a few discounts that Pekin doesn’t, including Small At-fault Accident Forgiveness, Passive Restraint/Airbags, and Multi-policy discounts. Start taking advantage of discounts offered by insurance providers like Grinnell and Pekin insurance and save yourself some money. You can review the full list of discounts that these two companies offer below.

PekinGrinnell
Advance IssueAnniversary Discount
Anti-theft DeviceAnti-lock Brakes Discount
Auto/Home BundleAnti-theft Discount
Defensive Driver (Not Available in Indiana)Claim-free Discount
EFTDefensive Driver Discount
Good StudentElectronic Funds Transfer Discount
Hybrid AutoElite Driver (Good Driver)
Mandatory Seatbelt (Only Available in Iowa)Excess Vehicles Discount
Multi-CarGood Student Discount
Paid-in-FullMile Marker
Safety Equipment (Only Available in Ohio)Minor Violation Forgiveness
TenureMotor Homes Limited Use Discount
Multi-Car Discount
Multi-policy Discount
Paid-in-Full Discount
Passive Restraint/Airbags Discount
Small At-fault Accident Forgiveness

Pros & Cons of Pekin & Grinnell

Pros

Pekin
  • High financial strength ratings by A.M Best.
  • Lots of supplemental or “add on” insurance options.
Grinnell
  • Grinnell offers good customer service and reliable insurance products.
  • Customized commercial policies.

Cons

Pekin
  • A high number of negative reviews.
  • Confusing website.
  • It only serves these states: Alabama, Arizona, Arkansas, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Michigan, Minnesota, Mississippi, Missouri, Nebraska, Ohio, Pennsylvania, Tennessee, Texas, Virginia, Wisconsin.
Grinnell
  • Grinnell auto insurance is only available in 19 states.

Pekin or Grinnell Mobile Apps Options

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.

Pekin Mobile App
Pekin does not currently have a mobile app for insurance products.
Grinnell Mobile App
Grinnell does not currently have a mobile app for insurance products.

Pekin & Grinnell Contact Info

Pekin Contact Info
Address2505 Court St, Pekin, IL 61558
Phone1-800-322-0160
Websitehttps://www.pekininsurance.com/
Facebookhttps://www.facebook.com/PekinInsurance/
Youtubehttps://www.youtube.com/user/PekinInsurance
Twitterhttps://twitter.com/pekininsurance
Linkedinhttps://www.linkedin.com/company/pekin-insurance/
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/

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.

Compare Insurance Rates for Free.

Enter your zip code, answer a few questions, and compare rates in less than 3 minutes.