Categories: insurance

Pekin Insurance Reviews

Pekin Insurance is an Illinois-based insurance company that offers auto, home, life, and business insurance. It serves thousands of policyholders across 24 states.

Pekin is a regional company with good customer service and an excellent range of products. It also has a solid financial strength rating from A.M. Best, the leading credit rating agency for the insurance industry.

Life insurance

Pekin Insurance offers a range of personal life insurance options, including term, whole, and universal policies. Most of these are fully underwritten with medical exams and bloodwork. The company also has simplified issue options that allow customers to get coverage more quickly.

The company has an average rating of A- from AM Best, a credit rating agency that evaluates insurance companies. This rating signifies that the insurer is financially stable and has an excellent ability to meet its future policy and contractual obligations.

In addition to individual life insurance, the company also writes business insurance for small businesses. They offer a la carte coverage and packages that include business auto and workers’ compensation.

All of Pekin’s policies have a free-look period, which typically lasts ten days. You can cancel your coverage anytime during this period if you aren’t satisfied. To cancel, you must submit a written request and provide your policy number, Social Security number, and address.

Auto insurance

Pekin Insurance serves over 900,000 policyholders and offers a wide range of auto coverage options. Established in 1921, the company provides insurance to drivers in Arizona, Illinois, Indiana, Ohio, and Wisconsin.

The company offers several discounts to its customers. These include paid-in-full, which allows customers to pay their premiums in total upfront instead of monthly.

Drivers over age 55 who complete a defensive driving course may qualify for a discount as well. Additionally, drivers who add the $0 deductible on glass claims to their policies can save money.

Pekin Insurance also offers discounts to drivers who have multiple vehicles on their policies or bundle their policies with their home insurance. These discounts can save customers up to 15% on their home and car policies.

Home Insurance

Pekin Insurance is a long-standing carrier that offers several insurance products for individuals and businesses. The company has nearly a century of experience and high ratings through A.M. Best and the BBB, which are excellent indicators of financial strength.

Pekin also offers several different discounts and optional enhancements to its policies. For example, they offer gap coverage on vehicles, which pays out if the car is declared a total loss and you owe more on it than it’s depreciated value.

The official website of Pekin Insurance is quite well done, at least from a layout perspective. However, pertinent information is lacking, including a claims process or a claims response time frame promise. They also don’t list their business hours on their official website or Facebook page, and they don’t provide 24/7 phone or online claims reporting, which are modern customer service options that are often expected of insurance companies today.

Business Insurance

Business insurance through Pekin Insurance Reviews covers many types of businesses, from small to large. Their products include business auto insurance, property insurance, general liability insurance, workers’ compensation, and a business owners’ package (BOP).

They offer a wide range of coverage options, making it easy to choose the best plan for you and your family. They also have various features that make their products stand out from the competition.

For example, their accelerated death benefit rider is an excellent feature for those who are approaching retirement or have a terminal illness. The rider allows you to use 50% of your death benefit to help pay for expenses while you are still alive.

The company has several other features and benefits to its name, too, including several discounts that can save you money on your premiums. For example, you can take advantage of their paid-in-full discount, advanced quote discounts, protection device discounts, and new roof discounts.

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