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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Jblc6ammEwVsvMUqeEa8Z81vTTZe0LpiI/4lf7fsyXpqL2pZs0SDVcjYL/PAmy7D
 cK2NHWtQoI6i2L+ZyTxkfw==

<SEC-DOCUMENT>0001209191-03-033779.txt : 20031205
<SEC-HEADER>0001209191-03-033779.hdr.sgml : 20031205
<ACCEPTANCE-DATETIME>20031205125901
ACCESSION NUMBER:		0001209191-03-033779
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20031205
FILED AS OF DATE:		20031205

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SOKOL SI
		CENTRAL INDEX KEY:			0000938330

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-08738
		FILM NUMBER:		031039729

	BUSINESS ADDRESS:	
		STREET 1:		20 EAST BROAD STREET 4TH FLOOR
		CITY:			COLUMBUS
		STATE:			OH
		ZIP:			43215

	MAIL ADDRESS:	
		STREET 1:		20 EAST BROAD STREET 4TH FLOOR
		CITY:			COLUMBUS
		STATE:			OH
		ZIP:			43215
	FORMER NAME:		
	FORMER CONFORMED NAME:	SOKOL SI ET AL
	DATE OF NAME CHANGE:	19950807
</FORMER-NAME>

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:		250 EAST BROAD STREET
		STREET 2:		10TH FLOOR
		CITY:			COLUMBUS
		STATE:			OH
		ZIP:			43215
		BUSINESS PHONE:		6142282800

	MAIL ADDRESS:	
		STREET 1:		250 EAST BROAD STREET
		STREET 2:		10TH 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>X0201</schemaVersion>    <documentType>4</documentType><periodOfReport>2003-12-05</periodOfReport><notSubjectToSection16>0</notSubjectToSection16><issuer><issuerCik>0000276400</issuerCik><issuerName>BANCINSURANCE CORP</issuerName>        <issuerTradingSymbol>BCIS</issuerTradingSymbol></issuer><reportingOwner><reportingOwnerId><rptOwnerCik>0000938330</rptOwnerCik><rptOwnerName>SOKOL SI</rptOwnerName></reportingOwnerId><reportingOwnerAddress><rptOwnerStreet1>250 E. BROAD ST.</rptOwnerStreet1><rptOwnerStreet2>10TH FLOOR</rptOwnerStreet2><rptOwnerCity>COLUMBUS</rptOwnerCity><rptOwnerState>OH</rptOwnerState><rptOwnerZipCode>43215</rptOwnerZipCode><rptOwnerStateDescription></rptOwnerStateDescription></reportingOwnerAddress><reportingOwnerRelationship><isDirector>1</isDirector><isOfficer>1</isOfficer><isTenPercentOwner>1</isTenPercentOwner><isOther>0</isOther><officerTitle>Chairman and CEO</officerTitle></reportingOwnerRelationship></reportingOwner><nonDerivati
veTable><nonDerivativeTransaction><securityTitle><value>Common Shares</value></securityTitle><transactionDate><value>2003-12-05</value></transactionDate><deemedExecutionDate></deemedExecutionDate><transactionCoding><transactionFormType>5</transactionFormType><transactionCode>G</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionTimeliness><value>E</value></transactionTimeliness><transactionAmounts><transactionShares><value>2000.0000</value></transactionShares><transactionPricePerShare><value>0</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>313492.0000</value><footnoteId id="F1" /><footnoteId id="F2" /></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>I</value></directOrIndirectOwnership><natureOfOwnership><value>Spouse</value><footnoteId id="F3" /></natureOfO
wnership></ownershipNature></nonDerivativeTransaction></nonDerivativeTable><footnotes><footnote id="F1">Simon Sokol also directly owns 321,976 BCIS Common Shares.</footnote><footnote id="F2">Simon Sokol may also be deemed to indirectly own 1,750,000 BCIS common shares which are owned of record by Falcon Equity Partners, L.P. ("Falcon L.P."), an Ohio limited partnership whose partners are members of the Simon Sokol family.  Simon Sokol holds a 36.6 percentage interest in Falcon L.P., and disclaims beneficial ownership of BCIS common shares held by Falcon L.P., except to the extent of his individual pecuniary interest therein.</footnote><footnote id="F3">These 313,492 BCIS common shares are owned of record by Simon Sokol's wife, Barbara K. Sokol.  Simon Sokol disclaims beneficial ownership of such BCIS common shares, and the filing of this report is not an admission that Simon Sokol is the benenfical owner of such BCIS common shares for purposes of Section 16 or for any other purpose.</footnote></footnotes><re
marks></remarks><ownerSignature><signatureName>/s/Simon Sokol, Chairman and CEO</signatureName><signatureDate>2003-12-05</signatureDate></ownerSignature></ownershipDocument>

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