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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 TyjKRj8ywJbvkSV78y1CFMXH5V2qL7onst+mR82pdVuK8pH4+guYHgyID8ChHE5X
 TAxbmyhdo07McXosnpF10A==

<SEC-DOCUMENT>0001209191-03-036901.txt : 20031229
<SEC-HEADER>0001209191-03-036901.hdr.sgml : 20031225
<ACCEPTANCE-DATETIME>20031229145801
ACCESSION NUMBER:		0001209191-03-036901
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20031224
FILED AS OF DATE:		20031229

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

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SOKOL BARBARA K
		CENTRAL INDEX KEY:			0000949066

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-08738
		FILM NUMBER:		031075282

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

	MAIL ADDRESS:	
		STREET 1:		20 EAST BROAD STREET 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>X0201</schemaVersion>    <documentType>4</documentType><periodOfReport>2003-12-24</periodOfReport><notSubjectToSection16>0</notSubjectToSection16><issuer><issuerCik>0000276400</issuerCik><issuerName>BANCINSURANCE CORP</issuerName>        <issuerTradingSymbol>BCIS</issuerTradingSymbol></issuer><reportingOwner><reportingOwnerId><rptOwnerCik>0000949066</rptOwnerCik><rptOwnerName>SOKOL BARBARA K</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>0</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>1</isTenPercentOwner><isOther>0</isOther></reportingOwnerRelationship></reportingOwner><nonDerivativeTable><nonDerivativeTransaction><sec
urityTitle><value>Common Shares</value></securityTitle><transactionDate><value>2003-12-24</value></transactionDate><deemedExecutionDate></deemedExecutionDate><transactionCoding><transactionFormType>5</transactionFormType><transactionCode>G</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionTimeliness><value>E</value></transactionTimeliness><transactionAmounts><transactionShares><value>3000.0000</value></transactionShares><transactionPricePerShare><value>0</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>318976.0000</value><footnoteId id="F1" /><footnoteId id="F2" /></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>I</value></directOrIndirectOwnership><natureOfOwnership><value>Spouse</value><footnoteId id="F3" /></natureOfOwnership></ownershipNature></nonDeriva
tiveTransaction></nonDerivativeTable><footnotes><footnote id="F1">Barbara K. Sokol also directly owns 313,492 BCIS common shares. </footnote><footnote id="F2">Barbara K. Sokol may also be deemed to indirectly own 1,750,000 BCIS common shares which are owned by Falcon Equity Partners, L.P. ("Falcon L.P."), an Ohio limited partnership whose partners are members of the Simon Sokol family.  Barbara K. 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 her individual pecuniary interest therein.</footnote><footnote id="F3">These 318,976 BCIS common shares are owned by Barbara K. Sokol's husband, Simon Sokol.  Barbara K. Sokol disclaims beneficial ownership of such BCIS common shares, and the filing of this report is not an admission that Barbara K. Sokol is the benenfical owner of such BCIS common shares for purpose of Section 16 or for any other purpose.</footnote></footnotes><remarks></remarks><ownerSignatur
e><signatureName>Barbara K. Sokol</signatureName><signatureDate>2003-12-29</signatureDate></ownerSignature></ownershipDocument>

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