Pemco vs. Metlife Insurance

Which insurance carrier is right for you? Compare savings, pros & cons, and quotes from Pemco and Metlife.

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Pemco vs. Metlife: 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.

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.

PEMCO vs. MetLife Auto & Home: How much are the Average Rates?

Below is a list of the average rates that drivers typically pay with PEMCO and MetLife Auto & Home. On average, PEMCO charges approximately $103.68 per month while MetLife Auto & Home comes in at around $ per month. For PEMCO, the cheapest state average is Washington at $103.68 per month and the most expensive is Washington at $103.68 per month. For MetLife Auto & Home, the cheapest state average is at $0.00 per month and the most expensive is at $0.00 per month.

PEMCO

Average Rate

$103.68
MetLife Auto & Home

Average Rate

$
National

Average Rate

$133.59
State PEMCO MetLife Auto & Home
Washington $103.68 -

PEMCO vs. MetLife Auto & Home: Rates by Number of Vehicle

Home

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

Number of Vehicles PEMCO MetLife Auto & Home
1 Vehicle $101.63 $

PEMCO vs. MetLife Auto & Home: Rates by Homeownership

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Rates Are Not Currently Available

What is Pemco and Metlife Insurance Rating?

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.

ComparisonPemcoMetlife
Year Founded19491868
Market Share3.8%
A.M. Best RatingB++A+
BBB RatingA+
Financial StrengthExcellentExcellent
JD PowerAmong the Best
JD Power RankingAbout Average
NAIC Complaint Ratio0.69
S&P RatingAA-

Pemco or Metlife: Insurance Products Offered

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.

InsurancePemcoMetlife
Auto Insurance
Commercial Insurance
Condo Insurance
Health Insurance
Home Insurance
Life Insurance
Motorcycle Insurance
Renters Insurance
RV Insurance
Umbrella Insurance

Pemco or Metlife: Ways To Save

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.

PemcoMetlife
Accident Forgiveness BenefitAnnuities
Advance Purchase Discount (for new business)Auto Insurance
Auto Plus Home DiscountBusiness Insurance
Defensive Driver DiscountDental Insurance
Distant Student DiscountDisability Insurance
Educator DiscountHome Insurance
Good Student DiscountLife Insurance
Homeownership DiscountLong-term Care Insurance
Life Insurance (only for members of the teacher’s credit union)Motorcycle and Dirt Bike Insurance
Low Mileage DiscountRideshare Insurance
Loyal Auto Customer DiscountRV Insurance
Minor Ticket Forgiveness Benefit
New Vehicle Discount
Paid in Full Discount
Safety/Security Feature Discount
University of Washington Alumni Discount

Pros & Cons of Pemco & Metlife

Pros

Pemco
  • PEMCO was ranked amongst the best by JD Power.
  • Positive reviews from customers
Metlife
  • MetLife Auto & Home is a subsidiary of MetLife, the largest life insurance company in the country, which is financially stable.
  • 150 years of experience.
  • No deductible on glass repairs.

Cons

Pemco

Metlife
  • MetLife does not offer accident forgiveness.
  • Mobile app issues.
  • Expensive policies.

Pemco or Metlife 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.

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     3.65 user reviews
Android     4.368 user reviews
Metlife Mobile App
iOS     1.3197 user reviews
Android     1.91,904 user reviews

Pemco & Metlife Contact Info

Pemco Contact Info
Address1300 Dexter Avenue N. Seattle, WA 98109-3571
Phone1 (800) 467-3626
Websitehttps://pemco.com/
Facebookhttps://www.facebook.com/PEMCOInsurance/
Youtubehttps://www.youtube.com/channel/UChCRheGkktnLSRYpqBsEP8g
Twitterhttps://twitter.com/PEMCO
Linkedinhttps://www.linkedin.com/company/pemco/
Metlife Contact Info
Address700 Quaker Lane, Warwick, RI 02818
Phone1-900-422-4272
Websitehttps://www.metlife.com/insurance/
Facebookhttps://www.facebook.com/metlife/
Twitterhttps://twitter.com/MetLife
Youtubehttps://www.youtube.com/user/Metlife
Linkedinhttps://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.

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