-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 SDakxZeohhiQKgODqCtWbNJ8i8MGrSgpCYN7+Qr/5b6+AS31oiak0mT3egorRlbw
 44nufv2G2QowHC0EZ4R5fg==

<SEC-DOCUMENT>0001209191-03-006737.txt : 20030605
<SEC-HEADER>0001209191-03-006737.hdr.sgml : 20030605
<ACCEPTANCE-DATETIME>20030605123000
ACCESSION NUMBER:		0001209191-03-006737
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030603
FILED AS OF DATE:		20030605

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SHELEY WILLIAM S
		CENTRAL INDEX KEY:			0001183446

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-08738
		FILM NUMBER:		03733683

	BUSINESS ADDRESS:	
		STREET 1:		C/O BANCINSURANCE CORP
		STREET 2:		250 E BROAD STREET 10TH FL
		CITY:			COLUMBUS
		STATE:			OH
		ZIP:			43215
		BUSINESS PHONE:		6142282800

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BANCINSURANCE CORP
		CENTRAL INDEX KEY:			0000276400
		STANDARD INDUSTRIAL CLASSIFICATION:	FIRE, MARINE & CASUALTY INSURANCE [6331]
		IRS NUMBER:				310790882
		STATE OF INCORPORATION:			OH
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		20 E BROAD ST
		STREET 2:		4TH FLOOR
		CITY:			COLUMBUS
		STATE:			OH
		ZIP:			43215
		BUSINESS PHONE:		6142282800

	MAIL ADDRESS:	
		STREET 1:		20 E. BROAD STREET
		STREET 2:		4TH FLOOR
		CITY:			COLUMBUS
		STATE:			OH
		ZIP:			43215
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>doc4.xml
<DESCRIPTION>FORM 4 SUBMISSION
<TEXT>
<XML>
<?xml version="1.0"?><ownershipDocument>
    <schemaVersion>X0101</schemaVersion>

    <documentType>4</documentType><periodOfReport>2003-06-03</periodOfReport>
    <issuer>
        <issuerCik>0000276400</issuerCik>
        <issuerName>BANCINSURANCE CORP</issuerName>
        <issuerTradingSymbol>BCIS</issuerTradingSymbol></issuer><reportingOwner><reportingOwnerId>
            <rptOwnerCik>0001183446</rptOwnerCik>
            <rptOwnerName>SHELEY WILLIAM S</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>  </rptOwnerStreet1>
            <rptOwnerStreet2>  </rptOwnerStreet2>
            <rptOwnerCity>  </rptOwnerCity>
            <rptOwnerState>  </rptOwnerState>
            <rptOwnerZipCode>  </rptOwnerZipCode>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
<isDirector>1</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>0</isOther><officerTitle></officerTitle><otherText></otherText></reportingOwnerRelationship></reportingOwner><derivativeSecurity><securityTitle><value>Option to purchase Common Shares</value></securityTitle><conversionOrExercisePrice><value>6</value></conversionOrExercisePrice><transactionDate><value>2003-06-03</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>A</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionTimeliness><value></value></transactionTimeliness><transactionAmounts><transactionShares><value>2000</value></transactionShares><transactionValue><value>0</value></transactionValue><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><exerciseDate><value>2004-06-03</value></exerciseDate><expirationDate><value>2013-06-02</value></expirationDate><underlyingSecur
ity><underlyingSecurityTitle><value>Common Shares</value></underlyingSecurityTitle><underlyingSecurityShares><value>2000</value></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>2000</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></derivativeSecurity><footnotes></footnotes><ownerSignature><signatureName>William S. Sheley
/s/Sally J. Cress as Attorney-in-Fact</signatureName><signatureDate>2003-06-05</signatureDate></ownerSignature></ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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