-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 VxLuizEBe/+vlnIL+Yrs3eLyGoi0ugsq2P9B/by5XM3HTkMiAN8CqM30ZhJcur0B
 rS0hWSEbQWMxzGnTm6kr7g==

<SEC-DOCUMENT>0001209191-07-035566.txt : 20070606
<SEC-HEADER>0001209191-07-035566.hdr.sgml : 20070606
<ACCEPTANCE-DATETIME>20070606154737
ACCESSION NUMBER:		0001209191-07-035566
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20070604
FILED AS OF DATE:		20070606
DATE AS OF CHANGE:		20070606

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 JOHN S
		CENTRAL INDEX KEY:			0000949067

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-08738
		FILM NUMBER:		07904040

	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>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2007-06-04</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

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

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000949067</rptOwnerCik>
            <rptOwnerName>SOKOL JOHN S</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>President and Acting CEO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Shares</value>
            </securityTitle>
            <transactionDate>
                <value>2007-06-04</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness>
                <value></value>
            </transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>5833</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>6.40</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1750000</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Limited Partnership</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">The reported securities are owned by Falcon Equity Partners, L.P. (&quot;Falcon L.P.&quot;), an Ohio limited partnership whose partners are members of the Si Sokol family, including the reporting person, who following the transaction reported herein, holds a 10.4 percentage interest in Falcon L.P.  On June 4, 2007, the reporting person purchased a 0.3333 percentage interest in Falcon L.P. from his father, Si Sokol.  The reporting person disclaims beneficial ownership of BCIS common shares held by Falcon L.P., except to the extent of his pecuniary interest therein.</footnote>
        <footnote id="F2">The reporting person also directly owns 208,810 BCIS common shares.</footnote>
        <footnote id="F3">The reporting person also beneficially owns 30,397 BCIS common shares, as custodian for his minor children.</footnote>
        <footnote id="F4">The reporting person's wife, Elizabeth M. Sokol, also owns 2,100 BCIS common shares.  The reporting person disclaims beneficial ownership of such BCIS common shares, and the filing of this report is not an admission that the reporting person is the beneficial owner of such BCIS common shares for purposes of Section 16 or any other purpose.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>/s/ John S. Sokol</signatureName>
        <signatureDate>2007-06-06</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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