Pekin Insurance: A Comprehensive Guide to Understanding its Services

Pekin Insurance is a reputable insurance company that has served clients for over 90 years. The company was established in 1921 and has been providing quality insurance products to individuals, families, and businesses ever since. Pekin Insurance is known for its excellent customer service, competitive pricing, and reliable claims handling. With a wide range of insurance products and services, Pekin Insurance can meet the needs of various clients. In this article, we will provide a comprehensive guide to understanding Pekin Insurance and its services.

History of Pekin Insurance

Pekin Insurance was founded in Pekin, Illinois, in 1921 as a mutual insurance company. The company started with a focus on providing fire insurance to local farmers. Over time, Pekin Insurance expanded its product offerings to include other types of insurance, such as auto, home, business, and life insurance. Today, Pekin Insurance operates in 20 states across the Midwest and has over 1600 independent agents serving its clients.

Leadership

Pekin Insurance has a strong leadership team that is committed to providing high-quality insurance products and services to its clients. The company’s CEO is Scott Martin, who has been with the company for over 30 years. Under Martin’s leadership, Pekin Insurance has grown to become one of the most respected insurance companies in the Midwest.

Financial Stability and Ratings

Pekin Insurance is a financially stable company with an A- rating from A.M. Best, a leading rating agency for the insurance industry. The company also has an A+ rating from the Better Business Bureau (BBB). These ratings are a testament to Pekin Insurance’s financial strength and commitment to serving its clients.

Types of Insurance Offered by Pekin Insurance

Pekin Insurance offers a wide range of insurance products to individuals, families, and businesses. The following are the major types of insurance offered by the company:

Auto Insurance

Pekin Insurance offers comprehensive and collision coverage for vehicles, as well as liability insurance to protect drivers from lawsuits. The company also provides additional coverage options, such as uninsured and underinsured motorist coverage, roadside assistance, and rental car coverage.

Home Insurance

Pekin Insurance offers home insurance policies that provide coverage for the structure of the home, as well as personal property and liability protection. The company also offers additional coverage options, such as flood insurance, earthquake insurance, and identity theft protection.

Business Insurance

Pekin Insurance offers a wide range of business insurance products to protect businesses from various risks. These include general liability insurance, property insurance, workers’ compensation insurance, professional liability insurance, and cyber liability insurance.

Life Insurance

Pekin Insurance offers life insurance policies that provide financial protection to families in the event of the policyholder’s death. The company offers term life insurance, whole life insurance, and universal life insurance.

Health Insurance

Pekin Insurance offers individual and group health insurance plans that provide coverage for medical expenses. The company’s health insurance plans include traditional indemnity plans, preferred provider organization (PPO) plans, and health savings account (HSA) plans.

Claims Handling

Pekin Insurance is known for its reliable claims handling. The company has a dedicated claims team that is available 24/7 to assist clients with their claims. Pekin Insurance also provides online claims reporting, which makes the process more convenient for clients. The company’s claims process is straightforward and transparent, and clients can expect to receive prompt and fair settlements.

FAQs

Question
Answer
What types of insurance does Pekin Insurance offer?
Pekin Insurance offers auto, home, business, life, and health insurance.
Where is Pekin Insurance headquartered?
Pekin Insurance is headquartered in Pekin, Illinois.
How long has Pekin Insurance been in business?
Pekin Insurance has been in business for over 90 years.
What is Pekin Insurance’s financial rating?
Pekin Insurance has an A- rating from A.M. Best and an A+ rating from the Better Business Bureau (BBB).
What is Pekin Insurance’s claims handling process?
Pekin Insurance has a dedicated claims team that is available 24/7 to assist clients with their claims. The company also provides online claims reporting.

Conclusion

Pekin Insurance is a reputable insurance company that provides quality insurance products and services to individuals, families, and businesses. With a wide range of insurance options, reliable claims handling, and excellent customer service, Pekin Insurance is a top choice for clients in the Midwest. If you are in need of insurance coverage, consider Pekin Insurance as your provider.