Which insurance carrier is right for you? Compare savings, pros & cons, and quotes from Pemco and Metlife.
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.
In 1869, MetLife began offering financial protection to working-class Americans, mostly Civil War sailors and soldiers. It was then called the Metropolitan Life Insurance Company and soon shifted to a focus on life insurance. By 1909, MetLife was the nation’s largest life insurer. From 1907 to 2005, the Metropolitan Life Insurance Company Tower was the company’s headquarters in Lower Manhattan. It was the world’s tallest building until 1913. This famous building emanated light for years with the slogan, “The light that never fails,” and it was often featured in MetLife advertisements.
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 MetLife Auto & Home Overview.
Which car insurance company is better? We've made it easy to compare companies side by side. See how Pemco and Metlife ranked among the industry ratings.
Comparison | Pemco | Metlife |
---|---|---|
Year Founded | 1949 | 1868 |
Market Share | 3.8% | |
A.M. Best Rating | B++ | A+ |
BBB Rating | A+ | |
Financial Strength | Excellent | Excellent |
JD Power | Among the Best | |
JD Power Ranking | About Average | |
NAIC Complaint Ratio | 0.69 | |
S&P Rating | AA- |
What coverage is available through Pemco and Metlife? Both insurance companies offer Auto, Home, Motorcycle, and RV insurance. Additional products from Pemco insurance also includes Commercial, Condo, Renters, 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 PEMCO and MetLife Auto & Home Insurance page.
Insurance | Pemco | Metlife |
---|---|---|
Auto Insurance | ✔ | ✔ |
Commercial Insurance | ✔ | |
Condo Insurance | ✔ | |
Health Insurance | ✔ | |
Home Insurance | ✔ | ✔ |
Life Insurance | ✔ | |
Motorcycle Insurance | ✔ | ✔ |
Renters Insurance | ✔ | |
RV Insurance | ✔ | ✔ |
Umbrella Insurance | ✔ |
Metlife offers a wide range of discounts to its policyholders, including Auto Insurance, Business Insurance, and Dental Insurance discounts. In contrast, Pemco also offers a few discounts that Metlife 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 Metlife and Pemco insurance and save yourself some money. You can review the full list of discounts that these two companies offer below.
Pemco | Metlife |
---|---|
Accident Forgiveness Benefit | Annuities |
Advance Purchase Discount (for new business) | Auto Insurance |
Auto Plus Home Discount | Business Insurance |
Defensive Driver Discount | Dental Insurance |
Distant Student Discount | Disability Insurance |
Educator Discount | Home Insurance |
Good Student Discount | Life Insurance |
Homeownership Discount | Long-term Care Insurance |
Life Insurance (only for members of the teacher’s credit union) | Motorcycle and Dirt Bike Insurance |
Low Mileage Discount | Rideshare Insurance |
Loyal Auto Customer Discount | RV Insurance |
Minor Ticket Forgiveness Benefit | |
New Vehicle Discount | |
Paid in Full Discount | |
Safety/Security Feature Discount | |
University of Washington Alumni Discount |
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.
The MetLife Auto & Home Mobile App is available for iOS and Android. With this app, you can pay bills, file claims, view policies and even get a life insurance quote.
Pemco Mobile App | ||
---|---|---|
iOS | 3.6 | 5 user reviews |
Android | 4.3 | 68 user reviews |
Metlife Mobile App | ||
---|---|---|
iOS | 1.3 | 197 user reviews |
Android | 1.9 | 1,904 user reviews |
Pemco Contact Info | |
---|---|
Address | 1300 Dexter Avenue N. Seattle, WA 98109-3571 |
Phone | 1 (800) 467-3626 |
Website | https://pemco.com/ |
https://www.facebook.com/PEMCOInsurance/ | |
Youtube | https://www.youtube.com/channel/UChCRheGkktnLSRYpqBsEP8g |
https://twitter.com/PEMCO | |
https://www.linkedin.com/company/pemco/ |
Metlife Contact Info | |
---|---|
Address | 700 Quaker Lane, Warwick, RI 02818 |
Phone | 1-900-422-4272 |
Website | https://www.metlife.com/insurance/ |
https://www.facebook.com/metlife/ | |
https://twitter.com/MetLife | |
Youtube | https://www.youtube.com/user/Metlife |
https://www.linkedin.com/company/the-hanover-insurance-group/ |
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.
Answer a few questions and let Penny find the best rates in your area.