Which insurance carrier is right for you? Compare coverage, pros & cons, and quotes from Pekin and Grinnell.
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.
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.
Comparison | Pekin | Grinnell |
---|---|---|
Year Founded | 1921 | 1909 |
A.M. Best Rating | A- | A |
BBB | c- | A+ |
Financial Strength | Excellent | Excellent |
S&P Rating | A |
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.
Insurance | Pekin | Grinnell |
---|---|---|
Auto Insurance | ✔ | ✔ |
Commercial Insurance | ✔ | ✔ |
Condo Insurance | ✔ | |
Farm Insurance | ✔ | |
Health Insurance | ✔ | |
Home Insurance | ✔ | ✔ |
Life Insurance | ✔ | |
Motorcycle Insurance | ✔ | |
Renters Insurance | ✔ | ✔ |
RV Insurance | ✔ | |
Umbrella Insurance | ✔ | ✔ |
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.
Pekin | Grinnell |
---|---|
Advance Issue | Anniversary Discount |
Anti-theft Device | Anti-lock Brakes Discount |
Auto/Home Bundle | Anti-theft Discount |
Defensive Driver (Not Available in Indiana) | Claim-free Discount |
EFT | Defensive Driver Discount |
Good Student | Electronic Funds Transfer Discount |
Hybrid Auto | Elite Driver (Good Driver) |
Mandatory Seatbelt (Only Available in Iowa) | Excess Vehicles Discount |
Multi-Car | Good Student Discount |
Paid-in-Full | Mile Marker |
Safety Equipment (Only Available in Ohio) | Minor Violation Forgiveness |
Tenure | Motor Homes Limited Use Discount |
Multi-Car Discount | |
Multi-policy Discount | |
Paid-in-Full Discount | |
Passive Restraint/Airbags Discount | |
Small At-fault Accident Forgiveness |
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 | ||
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Grinnell does not currently have a mobile app for insurance products. |
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/ |
Grinnell Contact Info | |
---|---|
Address | 4215 Highway 146 South, P.O. Box 790, Grinnell, IA 50112-0790 |
Phone | 1-800-362-2041 |
Website | https://www.grinnellmutual.com/ |
https://www.facebook.com/myGrinnellMutual/ | |
Youtube | https://www.youtube.com/user/grinnellmutual |
https://twitter.com/GrinnellMutual | |
https://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.
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