History told...
In 1921 with one part-time secretary and 187 policies, Pekin Insurance
made its modest entrance into the arena of the insurance industry. By
1939, the Company had 20,000 policies in effect, followed with 30,000
by 1945. Fire insurance was added to auto insurance as a new coverage
line in 1952 and the Home Office had grown from a small, donated office
space to a four-story building.
Pekin Insurance Company was formed as a companion to the original
Farmers Auto in 1961. General liability and workers compensation coverages
were also added at that time. During the next four years, the Company
continued to grow with the formation of "PAC," a premium finance company,
and Pekin Life Insurance Company. As a result of this growth, the name
"Pekin Insurance" was adopted to cover the entire range of Company activity.
While the Company coverages expanded over the years, the office space
for this growth also expanded. Today, the
Home Office
is located on a 30-acre site, containing 124,000 square feet of floor
space. The Company that began serving one county in Illinois now serves
five states: Illinois, Indiana, Iowa, Ohio, and Wisconsin, and boasts almost
618,000 policyholders. The modest beginning as a small automobile insurance
company to the present day group of Companies offering Full Circle Service
with complete coverages for most insurance needs is a testimony to the
strength, stability, and forward-looking philosophy represented by the
name, Pekin Insurance.
As we look toward the future and the inevitable changes it will bring,
one thing remains the same for Pekin Insurance - the principle of protection
and service to our policyholders.
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