Pekin vs. Meemic Insurance

Pekin vs. Meemic: 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.

A small group of teachers formed Meemic in 1950. They aimed to provide other teachers and educators with quality protection at affordable rates. For almost 70 years, they’ve been providing auto, home, boat and personal umbrella insurance tailored to the needs of the educational community. A.M. Best has rated Meemic as financially strong, based on the financial strength and claims-paying ability. The Meemic Foundation for the Future of Education was established in 1992 to provide financial assistance to schools, teachers, and educators, in the form of grants. Meemic partners with AAA to offer insurance products to teachers and educators in Illinois, Michigan, Wisconsin, and Georgia.

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 MEEMIC Insurance Company Overview.

Pekin Insurance vs. MEEMIC Insurance Company: How much are the Average Rates?

Pekin Insurance vs. MEEMIC Insurance Company: Rates by Number of Vehicle

Pekin Insurance vs. MEEMIC Insurance Company: Rates by Homeownership

What is Pekin and Meemic Insurance Rating?

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

Pekin or Meemic: Insurance Products Offered

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

Pekin or Meemic: Ways To Save

Meemic offers a wide range of discounts to its policyholders, including Newly Certified Teacher, Paid-in-Full, and The Educated Choice Repair Program discounts. In contrast, Pekin also offers a few discounts that Meemic doesn’t, including Tenure, Safety Equipment (Only Available in Ohio), and Multi-Car discounts. Start taking advantage of discounts offered by insurance providers like Meemic and Pekin insurance and save yourself some money. You can review the full list of discounts that these two companies offer below.

Pekin or Meemic 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 & Meemic Contact Info

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.