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Secura vs. Meemic Insurance
Which insurance carrier is right for you? Compare savings, coverage, and quotes from Secura and Meemic.
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- SECURA Insurance vs MEEMIC Insurance Company
Secura vs. Meemic: What You Need to Know
In 1900, a cyclone caused destruction throughout New Richmond, Wisconsin. Homes and businesses were destroyed and more than 100 were killed, 500 injured. A 135-member chapter in the Cicero Township developed The Farmers Home Mutual Hail, Tornado and Cyclone Insurance Company of Seymour, Wisconsin. In 1986 They renamed the company as SECURA
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 SECURA Insurance Overview and MEEMIC Insurance Company Overview.
SECURA Insurance vs. MEEMIC Insurance Company: How much are the Average Rates?
Below is a list of the average rates that drivers typically pay with SECURA Insurance and MEEMIC Insurance Company. On average, SECURA Insurance charges approximately $69.31 per month while MEEMIC Insurance Company comes in at around $163.66 per month. For SECURA Insurance, the cheapest state average is Michigan at $68.82 per month and the most expensive is Michigan at $68.82 per month. For MEEMIC Insurance Company, the cheapest state average is Michigan at $163.69 per month and the most expensive is Michigan at $163.69 per month.
Average Rate
Average Rate
Average Rate
| State | SECURA Insurance | MEEMIC Insurance Company |
|---|---|---|
| Michigan | $68.82 | $163.69 |
SECURA Insurance vs. MEEMIC Insurance Company: Rates by Number of Vehicle
Drivers will typically get a discount if they insure multiple vehicles. Here is a list of average rates that SECURA Insurance and MEEMIC Insurance Company typically charge for drivers who have more than 1 vehicle.
| Number of Vehicles | SECURA Insurance | MEEMIC Insurance Company |
|---|---|---|
| 1 Vehicle | $67.16 | $159.40 |
| 2 Vehicles | $102.15 | $233.28 |
SECURA Insurance vs. MEEMIC Insurance Company: Rates by Homeownership
Drivers who own their home rather than rent can sometimes get a small discount. We found that on average SECURA Insurance charges $75.05 per month and MEEMIC Insurance Company charges $168.13 per month for customers who own their home.
| Own/Rent | SECURA Insurance | MEEMIC Insurance Company |
|---|---|---|
| Own | $75.05 | $168.13 |
| Rent | $67.66 | $162.38 |
What is Secura and Meemic Insurance Rating?
Which car insurance company is better? We've made it easy to compare companies side by side. See how Secura and Meemic ranked among the industry ratings.
| Comparison | Secura | Meemic |
|---|---|---|
| Year Founded | 1900 | 1950 |
| A.M. Best Rating | A | A- |
| BBB Rating | A+ | B- |
| Financial Strength | Excellent | Excellent |
Secura or Meemic: Insurance Products Offered
What coverage is available through Secura and Meemic? Both insurance companies offer Auto, Home, Renters, and Umbrella insurance. Additional products from Meemic insurance also includes Commercial, Condo, Farm, 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 SECURA Insurance and MEEMIC Insurance Company Insurance page.
| Insurance | Secura | Meemic |
|---|---|---|
| Auto Insurance | ✔ | ✔ |
| Commercial Insurance | ✔ | |
| Condo Insurance | ✔ | |
| Farm Insurance | ✔ | |
| Home Insurance | ✔ | ✔ |
| Life Insurance | ✔ | |
| Motorcycle Insurance | ✔ | |
| Renters Insurance | ✔ | ✔ |
| RV Insurance | ✔ | |
| Umbrella Insurance | ✔ | ✔ |
Secura 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. However, Secura also offers a few discounts that Meemic doesn’t, including Valued Policyholder, Umbrella Coverage, and Select Pay discounts. Start taking advantage of discounts offered by insurance providers like Meemic and Secura insurance and save yourself some money. You can review the full list of discounts that these two companies offer below.
| Secura | Meemic |
|---|---|
| Claim Free/Violation Free Discount | Multi-policy Discount |
| Early Quoting Discount | Newly Certified Teacher Discount |
| Financial Stability Discount | Paid-in-Full Discount |
| Good Student Discount | The Educated Choice Repair Program |
| New Home Credit | Vehicle Anti-theft Discount |
| Protective Device Credit | |
| Select Pay Discount | |
| Umbrella Coverage Discount | |
| Valued Policyholder Discount |
Pros & Cons of Secura & Meemic
Pros
Secura
- Bundle packages ensure a comprehensive package to protect both home and auto.
- Bundle packages are more cost-effective than buying them a la carte.
Meemic
- Offers discounted rates for teachers.
- Offers industry-specific coverage.
- Quality repairs using original manufacturer parts.
Cons
Secura
- If you only want liability insurance on a car, SECURA is not the right insurer for you.
Meemic
- Insurance through Meemic is only offered in four states: Michigan, Illinois, Wisconsin, and Georgia.
Secura or Meemic Mobile Apps Options
| Secura Mobile App | ||
|---|---|---|
| Secura does not currently have a mobile app. | ||
| Meemic Mobile App | ||
|---|---|---|
| Meemic does not currently have a mobile app. | ||
Secura & Meemic Contact Info
| Secura Contact Info | |
|---|---|
| Address | 1500 Mutual Way, Neenah, WI 54956 |
| Phone | 1 (800) 558-3405 |
| Website | https://www.secura.net/ |
| https://www.facebook.com/securainsurance/ | |
| Youtube | https://www.youtube.com/channel/UCrAs4hn0QNpnQZhb4wdNf7w |
| https://twitter.com/SecuraInsurance | |
| https://www.linkedin.com/company/secura-insurance/ | |
| Meemic Contact Info | |
|---|---|
| Address | 1685 N. Opdyke Rd. Auburn Hills, MI 48326 |
| Phone | 1-888-463-3642 |
| Website | https://www.meemic.com/ |
| https://www.facebook.com/Meemic/ | |
| Youtube | https://www.youtube.com/channel/UCQnTMFg_hBizrzlZc0aQKMw |
| https://twitter.com/Meemic | |
| https://www.linkedin.com/company/meemic-insurance-company/ | |
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.
Fran Majidi manages content on SmartFinancial's website. She's had nearly a decade's worth of experience writing about insurance-related topics. Prior, she was an arts and entertainment editor in New York City. She has a B.A. from Barnard College and an M.F.A. in writing from The New School. She writes books under her given name, Afarin Majidi.
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