Pemco vs. Kemper Insurance

Pemco vs. Kemper: What You Need to Know

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.

After the state of Illinois passed laws regarding workers’ compensation in 1912, James S. Kemper founded the Mutual Casualty Co to sell accident insurance. Soon after, the company began selling auto insurance. Only seven years later, Kemper had offices all over the country and eventually changed its name to James S. Kemper & Co. By late 1960, annual revenues approached $150 million. They also moved offices from Chicago to Long Grove and became a part of a holding company called Kemperco Inc. By the 1970s, the company changed its name to Kemper Corp and revenue reached nearly $1 billion. By the 1980s, Kemper began offering financial services until 1995, when Kemper was acquired by Zurich Insurance of Switzerland, who then sold off the securities division to Kemper employees as a separate company called Everen Securities Inc. In the 1990s the company acquired Unitrin Insurance and founded Kemper Corporation. In the early 2000s, Kemper Insurance Companies laid off thousands of employees in Chicago and across the country. In 2003, they sold off their service organization. In 2015 Kemper acquired Alliance United Insurance Company and in 2018 the company acquired Infinity Insurance Company. Kemper boasts $11 billion in assets, servicing approximately seven million policies, employing more than 30,000 agents and brokers as well as 7,800 associates. Kemper is licensed to sell insurance in 50 states and the District of Columbia. Other Kemper acquisitions include: Valley Property & Casualty Insurance Company, Warner Insurance, Mutual Savings Fire Insurance Company, Reserve National Insurance Company, Union National Life Insurance Company, United Insurance Company of America, United Casualty Insurance Company of America, Union National Fire Insurance Company, Capitol County Mutual Fire Insurance Company, Old Reliable Casualty Company and Unitrin County Mutual Insurance Company.

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

PEMCO vs. Kemper: How much are the Average Rates?

PEMCO vs. Kemper: Rates by Number of Vehicle

PEMCO vs. Kemper: Rates by Homeownership

What is Pemco and Kemper Insurance Rating?

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

Pemco or Kemper: Insurance Products Offered

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

Pemco or Kemper: Ways To Save

Kemper offers a wide range of discounts to its policyholders, including Boat Insurance, Collectibles Insurance, and Commercial Auto Insurance discounts. In contrast, Pemco also offers a few discounts that Kemper doesn’t, including University of Washington Alumni, Safety/Security Feature, and Paid in Full discounts. Start taking advantage of discounts offered by insurance providers like Kemper and Pemco insurance and save yourself some money. You can review the full list of discounts that these two companies offer below.

Pemco or Kemper 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.

Kemper does not currently have a mobile app.

Pemco & Kemper 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.