Meemic Insurance Review & Ratings (2024)

What You Should Know About Meemic Insurance Company

Welcome to our comprehensive guide on Meemic Insurance and the crucial aspects you should know. We will provide valuable insights into Meemic Insurance, including its coverage options, customer satisfaction, and financial stability. We will delve into the various policy types, discounts available, and factors affecting insurance rates.

By the end of this guide, you will be equipped with the knowledge necessary to make informed decisions about your insurance needs. To ensure you find the best rates from top insurance providers in your area, simply enter your zip code below and let us assist you in comparing quotes. Secure your financial future with the right insurance coverage today.

Meemic Insurance Company Insurance Coverage Options

Meemic was founded in 1950 to serve teachers and other school staff members. Today, they offer discounts for education workers, from teachers and principals to cafeteria workers and librarians.

Today, Meemic operates in four states: Georgia, Michigan, Wisconsin, and Illinois. While you can get boat and umbrella insurance, the main products Meemic sells are auto and homeowners insurance.

Read more: Teacher Car Insurance Discount

What does Meemic auto insurance cover?

Meemic offers the same standard auto insurance options you could find with most other companies. This includes:

• Liability. Liability insurance covers repair bills for the other driver when you’re responsible for an accident. Most states require a minimum amount of liability, including the four that Meemic serves.
• Comprehensive. This type of coverage protects your car from damage caused by sources other than accidents. Comprehensive covers fire, theft, animals, vandalism, and weather. If you have a car loan, you’re probably required to have comprehensive.
• Collision. Like comprehensive, you’ll need collision if you don’t own your car outright. Collision helps pay for repairs to your vehicle after you’ve been in an accident.
• Uninsured/underinsured motorist. You can’t trust that every driver on the road has insurance. If you buy this coverage, you’ll be protected against drivers with inadequate insurance.

Uninsured/underinsured motorist is required by law in Illinois. You can only purchase it in the other three states that Meemic serves if you skip collision coverage. You have easy access to your policy information and the claims process by using the Meemic auto insurance login.

What does Meemic home insurance cover?

Similar to its car insurance, Meemic offers educators exceptional homeowners insurance. They provide the same home insurance options you would expect to find in more prominent companies.

• Dwelling. This protects the physical structure of your home and other structures like fences and garages.
• Personal possessions. Meemic will pay to have your belongings replaced, including furniture, appliances, and clothing.
• Liability. If someone is injured on your property, they can sue you if you’re responsible. Liability helps pay for your legal fees in court.

On top of the standard insurance, you can also buy additional coverage to add to your home insurance policy. These add-ons include:

• Guaranteed home replacement cost coverage
• Computer and electronic coverage
• Extended coverage for jewelry and silverware
• Scheduled personal property, which gives you extended coverage for high-value items that have been appraised
• Sewer and sump pump backup coverage
• Functional replacement cost for homes built before 1940
• Snowmobile coverage

Getting extra coverage is highly recommended, as long as you need it. However, you should avoid getting coverage you don’t need because your bill will grow quickly the more things you add.

On top of these options, Meemic also offers renters, condos, mobile homes, and flood insurance. If you’re interested in adding these to your policy, you can start by using the Meemic login and getting a quote.

Meemic Insurance Company Insurance Rates Breakdown

Meemic is tight-lipped with their rates online. However, you can get an idea of what you might pay by looking at average prices in the four states Meemic operates in.

Meemic promises a discount on insurance for educators, so it’s not unreasonable to think you can get cheaper rates. The same applies to homeowners insurance.

While Meemic doesn’t post information about its prices, they do list the discounts they offer. These discounts apply to your insurance rate after you’ve received Meemic’s lower prices for educators.

• Paid-in-full. If you pay your annual bill in one installment rather than making monthly payments, you’ll save money.
• Bundling. Earn this discount by buying home and car insurance from Meemic.
• Anti-theft device. You save money on your bill if your vehicle has anti-theft devices installed, like GPS tracking, brake locks, and audible alarms.
• Loss Prevention. Similar to the anti-theft discount, safety features in your home could save you money. Approved features include alarm systems, smoke detectors, deadbolts, and fire extinguishers.
• Educated Choice Repair Program. Meemic has a repair program with a network of mechanics. If you choose one for your vehicle, you’ll get guaranteed repairs.
• New home. Meemic offers a discount for houses nine years old or younger.
• Senior. Meemic offers a discount for any customer over the age of 55.

Meemic states on its website that it offers further discounts for educators based on the state you live in.