Shelter vs. Electric Insurance

Which insurance provider is right for you? Compare pros & cons, coverage, and quotes from Shelter and Electric.

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Shelter vs. Electric: What You Need to Know

Shelter Insurance company is a mutual insurance company that focuses on auto, property, business and life insurance. In, when the company was founded and called MFA Mutual Insurance Company. Its focus was to provide farmers access to reliable insurance protection at prices that they could afford.

The history of Electric Insurance Company began in 1927, when EMLICO, its former company was established to provide GE (General Electric Company) with Workers’ Compensation insurance in Massachusetts. The company was doing so well that it started providing coverage nationally for GE and also included general liability and commercial auto in its product portfolio. By 1966, Electric Insurance Company was formed to ensure GE employees, but after a while, it expanded its business to all consumers. During the 1990s the company becomes one of the first P&C carriers to offer consumers web-based insurance quotes. Today, Electric Insurance manages approximately $160 million in personal lines premiums for nearly 135,000 policyholders and has about $450 million in total written premium. Its services are offered in all 50 states directly via mobile applications and the web and through independent agencies. Its consumer base is 60% of GE employees and 40% general customers.

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

Shelter vs. Electric: How much are the Average Rates?

Below is a list of the average rates that drivers typically pay with Shelter and Electric. On average, Shelter charges approximately $189.64 per month while Electric comes in at around $187.46 per month. For Shelter, the cheapest state average is Missouri at $172.29 per month and the most expensive is Missouri at $172.29 per month. For Electric, the cheapest state average is Missouri at $149.87 per month and the most expensive is Missouri at $149.87 per month.


Average Rate


Average Rate


Average Rate

State Shelter Electric
Missouri $172.29 $149.87

Shelter vs. Electric: Rates by Number of Vehicle


Drivers will typically get a discount if they insure multiple vehicles. Here is a list of average rates that Shelter and Electric typically charge for drivers who have more than 1 vehicle.

Number of Vehicles Shelter Electric
1 Vehicle $167.40 $140.46

Shelter vs. Electric: Rates by Homeownership


Drivers who own their home rather than rent can sometimes get a small discount. We found that on average Shelter charges $169.16 per month and Electric charges $ per month for customers who own their home.

Own/Rent Shelter Electric
Own $169.16 $
Rent $210.12 $184.61

What is Shelter and Electric Insurance Rating?

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

Year Founded19461966
A.M. Best RatingAA
BBB RatingA+A+
Financial StrengthExcellentExcellent
NAIC Complaint Ratio0.36 (2013)

Shelter or Electric: Insurance Products Offered

What coverage is available through Shelter and Electric? Both insurance companies offer Auto, Condo, Home, Motorcycle, Renters, RV, and Umbrella insurance. Additional products from Shelter insurance also includes Commercial, Farm, 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 Shelter and Electric Insurance page.

Auto Insurance
Commercial Insurance
Condo Insurance
Farm Insurance
Home Insurance
Life Insurance
Motorcycle Insurance
Renters Insurance
RV Insurance
Umbrella Insurance

Shelter or Electric: Ways To Save

Shelter offers a wide range of discounts to its policyholders, including Anti-Theft - Kentucky and Illinois Residents, Companion Life, and Companion Policy discounts. In contrast, Electric also offers a few discounts that Shelter doesn’t, including Student-Away-from-Home, Safety Features, and Plan Ahead (Early Purchase) discounts. Start taking advantage of discounts offered by insurance providers like Electric and Shelter insurance and save yourself some money. You can review the full list of discounts that these two companies offer below.

Accident Prevention Course DiscountAccident-free Discount
Anti-Theft Discount - Kentucky and Illinois ResidentsDriver Training Credit
Companion Life DiscountElectric and Hybrid Vehicles Discount
Companion Policy DiscountEmployer Group Discounts
Driver Training Course DiscountFamily & Friends Referral Discount
Good Student DiscountGood Student Discount
Military DiscountLow Annual Mileage Discount
Multi-car DiscountMarried Status Discount
Multi-coverage Discount - Nevada ResidentsMature Driver Accident Prevention Course Discount
Passive Restraint DiscountMulti-policy Discount
Pay in Full DiscountNew Auto Insurance Customer Discount
Safe Driver DiscountNew Vehicle Discount
Window Identification System Discount – Louisiana ResidentsPassive Restraints
Payment-in-full Discount
Plan Ahead (Early Purchase) Discount
Safe Driver Discount
Safety Features Discount
Student-Away-from-Home Discount

Pros & Cons of Shelter & Electric


  • Shelter Insurance offers personalized service through a network of more than 1,400 agents.
  • The company has a few customer's complaints, which indicates high satisfaction.
  • You can start your claims online or by phone.
  • Long list of discounts
  • Additional dedicated discount for General Electric employees
  • Provides the convenience of starting a claim online


  • The company covers only 15 states. If you don’t live in the Midwest, you’ll need to look for another carrier.
  • Confusing website information: the company lists the products, benefits and discounts offered in different web pages making it difficult to get a full scope on what is offered.

Shelter or Electric Mobile Apps Options

The Shelter Insurance Mobile app is available for iOS and Android. With the app, you can access your ID cards, report a claim and upload photos, view coverages and policy details, obtain roadside assistance, get in touch with your agent and pay your bill by credit or debit card.

The Always On Mobile app is available for iOS and Android. This mobile app can help you to view your auto insurance information, report an auto claim, upload photos of the vehicle damage, access 24 hours / 7 days a week emergency roadside assistance services, schedule glass repair and much more.

Shelter Mobile App
iOS     2.335 user reviews
Android     2.3240 user reviews
Electric Mobile App
iOS     12 user reviews
Android     1.934 user reviews

Shelter & Electric Contact Info

Shelter Contact Info
Address1817 West Broadway - Columbia, MO 65218
Electric Contact Info
Address75 Sam Fonzo Drive, Beverly, MA 01915

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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