FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * DRAUT ERIC JOHN   2. Issuer Name and Ticker or Trading Symbol UNITRIN INC [UTR] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Executive Vice President & CFO (Last) (First) (Middle) ONE EAST WACKER DRIVE 3. Date of Earliest Transaction (Month/Day/Year) 11/06/2004 (Street) CHICAGO, IL 60601 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 11/06/2004   M   9,640 A $ 34.16 55,376 D   Common Stock 11/06/2004   M   20,082 A $ 33.7354 75,458 D   Common Stock 11/06/2004   M   782 A $ 34.4334 76,240 D   Common Stock 11/06/2004   F   24,893 D $ 45.83 51,347 D

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Employee Stock Options (1)

$ 34.16

11/06/2004

M

9,640

04/30/2004

05/03/2010

Common Stock

9,640

$ 0

0 (2)

D

Employee Stock Options (1)

$ 45.83

11/06/2004

A

7,907

05/06/2005

05/03/2010

Common Stock

7,907

$ 0

7,907 (2)

D

Employee Stock Options (2)

$ 33.7354

11/06/2004

M

20,082

11/13/2001

05/13/2008

Common Stock

20,082

$ 0

0 (2)

D

Employee Stock Options (1)

$ 45.83

11/06/2004

A

16,342

05/06/2005

05/13/2008

Common Stock

16,342

$ 0

16,342 (2)

D

Employee Stock Options (1)

$ 34.4334

11/06/2004

M

782

06/04/2001

05/14/2007

Common Stock

782

$ 0

2,493 (2)

D

Employee Stock Options (1)

$ 45.83

11/06/2004

A

644

05/06/2005

05/14/2007

Common Stock

644

$ 0

644 (2)

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
DRAUT ERIC JOHN ONE EAST WACKER DRIVE CHICAGO, IL 60601	X		Executive Vice President & CFO

Signatures

Eric J. Draut		11/08/2004
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Rights to buy.
(2)	Reporting person holds a total of 312,046 options under the Unitrin, Inc. 1990, 1997 and 2002 Stock Option Plans.

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