Horse Prairie Mutual Insurance
Horse Prairie Mutual Insurance is a small mutual insurance carrier founded in 1988 in Red Bud, Illinois, offering homeowners, rental property, farm machinery, and farm owners coverage to rural households and farming operations in the surrounding area.
- Company typePrivate
- Founded1988
- HeadquartersRed Bud, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Horse Prairie Mutual Insurance does
Horse Prairie Mutual Insurance is a privately-held mutual insurance carrier headquartered in Red Bud, Illinois, founded in 1988. The firm offers personal lines and agricultural coverages, including homeowners, rental property, farm machinery, and farm owners insurance, suggesting a customer base of rural households, landlords, and farming operations in and around the surrounding southern Illinois region. The company operates with a small workforce in the 11-50 employee range and operates as a for-profit private entity.
The firm's distribution is consistent with a traditional small mutual carrier model: local underwriting, agent-led sales, and policyholder ownership. No digital platform, technology stack, app, or third-party integrations are documented in the available data. The company's website domain (horseprairieins.com) is currently expired and displaying a Namecheap parking page, indicating the primary web channel is inactive at the time of observation.
No information is available on premium volume, policy count, loss ratios, management team, capital structure, parent/subsidiary relationships, or regulatory standing beyond inferred state-level insurance licensing. There is no evidence of recent funding activity, acquisitions, partnerships, product launches, or geographic expansion. As such, the operational footprint appears to be limited to a single local market, and current operating status cannot be independently confirmed from public sources.
Horse Prairie Mutual Insurance firmographics
Firmographics- Name
- Horse Prairie Mutual Insurance
- Legal name
- Horse Prairie Mutual Insurance
- Website
- https://horseprairieins.com
- Company type
- Private
- Founded year
- 1988
- Headcount range
- 11–50 employees
- Short description
- Horse Prairie Mutual Insurance is a small mutual insurance carrier founded in 1988 in Red Bud, Illinois, offering homeowners, rental property, farm machinery, and farm owners coverage to rural households and farming operations in the surrounding area.
- Ownership category
- akta.pro rank
Horse Prairie Mutual Insurance industry classification
Industry- Product category
- Property & Casualty Insurance
- NAICS
- Direct Insurance (except Life, Health, and Medical) Carriers (52412)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Crop & Farm Property Insurance (FSAJACAK)
- akta.pro secondary industry
- Property Insurance (Homeowners, Renters & Commercial Property) (FSAJAKAH)
Where Horse Prairie Mutual Insurance is headquartered
LocationHeadquarters
- HQ city
- Red Bud
- HQ country
- United States
- HQ region
- North America
Markets served
Horse Prairie Mutual Insurance business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Others
Horse Prairie Mutual Insurance product offering
Product offeringCore offering
Horse Prairie Mutual Insurance is a mutual insurance firm that underwrites and sells personal lines of property insurance. Its product set covers homeowners insurance, rental property insurance, farm machinery insurance, and farm owners insurance for individuals and rural property owners in its local service area.
Differentiator
Problem solved
Functional benefit
Products and services
- Home Insurance Homeowners insurance coverage for owner-occupied residential properties, sold to individual policyholders in the local service area.
- Rental Property Insurance Insurance coverage for residential rental and investment properties, providing property and landlord-related protection for individual property owners.
- Farm Machinery Insurance Insurance coverage for farm machinery and equipment, addressing damage and theft risks faced by agricultural operators.
- Farm Owners Insurance Farm owners insurance covering farm dwellings, outbuildings, and related farm property exposures for individual farm owners.
Companies that use Horse Prairie Mutual Insurance
Customer profileIdeal customer profiles2 records
Horse Prairie Mutual Insurance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Horse Prairie Mutual Insurance partnerships and signals
Strategic signalRecent moves2 records
Expansion highlights1 record
Horse Prairie Mutual Insurance competitors and assessment
Company assessmentBroad incumbents
- Nationwide Mutual Insurance Company: Major mutual insurance carrier offering farm, home, and commercial property/casualty products. Comparable in mutual ownership and farm/rural product overlap, though at much greater scale and geographic breadth.
- Auto-Owners Insurance: Mid-sized mutual property/casualty insurer with strong farm and rural property lines. Comparable mutual structure and property/casualty product mix, though larger and more geographically diverse.
- State Farm: Largest U.S. mutual property/casualty carrier with significant home and farm/rural coverage. Comparable in mutual ownership and home/property product overlap, though vastly larger and more diversified.
- EMC Insurance Companies: Mutual insurance group providing property/casualty coverage including farm and rural lines. Comparable in mutual ownership and property/casualty focus, though larger in scale and geography.
- Farm Bureau Financial Group: Mutual insurance group providing farm, crop, home, and auto coverage to rural and agricultural customers. Closely comparable in farm-owners and farm machinery product lines and rural customer concentration.
- Country Mutual Insurance Company: A regional mutual insurer offering farm, home, auto, and life insurance across the Midwest. Directly comparable as another mutual carrier with a strong farm/rural property franchise and similar customer base.
Direct peers
- Shelter Insurance: Mutual insurance company offering auto, home, and farm insurance across the central U.S. Comparable in mutual ownership, small/mid-size regional footprint, and property insurance focus.
- Grinnell Mutual Reinsurance Company: Mutual reinsurer and property/casualty carrier serving rural and farm customers primarily in the Midwest. Highly comparable mutual structure, niche property focus, and regional operating model.
- German Mutual Insurance Company: Small mutual property insurer operating in rural Midwest communities. Extremely comparable in scale, mutual structure, and narrow regional property/farm focus.
- Hastings Mutual Insurance Company: Regional mutual property/casualty insurer writing farm, home, and commercial coverage across the Midwest. Very similar mutual structure, farm-owners product line, and small-employee footprint.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks6 records
Key highlights4 records
Customer concentration
Horse Prairie Mutual Insurance social profiles
Digital presenceHorse Prairie Mutual Insurance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Horse Prairie Mutual Insurance leadership team
Management profileNumber of profiles
Horse Prairie Mutual Insurance funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Horse Prairie Mutual Insurance M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Horse Prairie Mutual Insurance
What does Horse Prairie Mutual Insurance do?
Horse Prairie Mutual Insurance is a mutual insurance firm that underwrites and sells personal lines of property insurance. Its product set covers homeowners insurance, rental property insurance, farm machinery insurance, and farm owners insurance for individuals and rural property owners in its local service area.
When was Horse Prairie Mutual Insurance founded?
Horse Prairie Mutual Insurance was founded in 1988. It employs 11 to 50 people.
Where is Horse Prairie Mutual Insurance based?
Horse Prairie Mutual Insurance is headquartered in Red Bud, United States, in the North America region.
Who are Horse Prairie Mutual Insurance's main competitors?
Broad incumbents on record are Nationwide Mutual Insurance Company, Auto-Owners Insurance, State Farm, EMC Insurance Companies, Farm Bureau Financial Group and Country Mutual Insurance Company. Direct peers are Shelter Insurance, Grinnell Mutual Reinsurance Company, German Mutual Insurance Company and Hastings Mutual Insurance Company.
Does Horse Prairie Mutual Insurance have an API?
No public API is recorded for Horse Prairie Mutual Insurance.
What industry is Horse Prairie Mutual Insurance in?
Horse Prairie Mutual Insurance's product category is Property & Casualty Insurance. Its primary akta.pro industry code is FSAJACAK, Crop & Farm Property Insurance, with a secondary code of FSAJAKAH, Property Insurance (Homeowners, Renters & Commercial Property). Its NAICS code is 52412 and its SIC code is 6411.