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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,
 SjyjMtGGVubWr34asB0Q3N9Nputbzh4ndV8dqqwP096Qi7x/tBKSkw/Z74exa2jv
 NIONY7qth6mIcs54VBlXTw==

<SEC-DOCUMENT>0001209191-07-033657.txt : 20070530
<SEC-HEADER>0001209191-07-033657.hdr.sgml : 20070530
<ACCEPTANCE-DATETIME>20070530143341
ACCESSION NUMBER:		0001209191-07-033657
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20070530
FILED AS OF DATE:		20070530
DATE AS OF CHANGE:		20070530

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:			BORROR DOUGLAS G
		CENTRAL INDEX KEY:			0001199407

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-08738
		FILM NUMBER:		07886895

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		6143565000

	MAIL ADDRESS:	
		STREET 1:		5000 TUTTLE CROSSING BOULEVARD
		STREET 2:		P.O. BOX 5000
		CITY:			DUBLIN
		STATE:			OH
		ZIP:			43016-5555
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>doc4.xml
<DESCRIPTION>FORM 4 SUBMISSION
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2007-05-30</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000276400</issuerCik>
        <issuerName>BANCINSURANCE CORP</issuerName>
        <issuerTradingSymbol>BCIS</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001199407</rptOwnerCik>
            <rptOwnerName>BORROR DOUGLAS G</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>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Option to purchase Common Shares</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>6.40</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2007-05-30</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness>
                <value></value>
            </transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>2000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.00</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2008-05-30</value>
            </exerciseDate>
            <expirationDate>
                <value>2017-05-29</value>
            </expirationDate>
            <underlyingSecurity>
                <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>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes></footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>Douglas G. Borror /s/ Matthew C. Nolan, as Attorney-in-Fact</signatureName>
        <signatureDate>2007-05-30</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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