Emc vs. Farmers: Which Company is the Best Fit for You?

Quick Facts

• In general, Emc offers significantly less expensive prices than Farmers
• Emc offers more affordable premiums for policyholders who drive fewer than 6,000 miles annually
• Farmers may help you save more money -- they offer more discounts than EMC Insurance

Emc or Farmers: Which Company has the Cheapest Car Insurance?

Are you in the market for a new insurance policy? You've probably seen commercials and billboards from companies offering huge savings, but exactly how much money can you save by switching?

You've maybe even narrowed your search down to Emc or Farmers as your top options, but between the two, which company has more affordable prices for insurance?

Looking at the national average rates for both carriers, Farmers has average rates that are around 65% a month more expensive than those from Emc.

But Emc may not be the cheapest or best option for every single driver out there. Auto insurance companies use a variety of complex algorithms to determine rates, so depending on how old you are or how good your credit score is (among multiple other factors), you could see wildly different premiums from the ones above.

Wanting to know if Emc or Farmers is really the right company for you? Keep on reading to see how average rates can change based on all of the factors we've mentioned above.

Emc vs. Farmers: Average Car Insurance Rates by State

Emc and Farmers only compete against each other in Nebraska, where Emc offers the cheaper average premiums. Undefined drivers tend to pay about undefined per month less on average compared to drivers who use undefined for their car insurance.

But there's more to calculating insurance prices than just where you call home. Keep reading to learn more.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- generally pay a lot for auto insurance compared to older drivers. It's because teen drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

But still, even with seemingly sky-high premiums, teen drivers can still find ways to save money. Just look at the table above -- where 18-year-old drivers who have Emc for their insurance pay almost 75% less than those who use Farmers.

That being said, with both carriers, you'll see your rates drop significantly once you turn 25. For example, average prices for Emc policyholders lower about $60 and Farmers's rates decrease around $400 over that time.

Which is the Best Company for Retired Drivers?

When it comes to car insurance, patience and experience pay off, with drivers around retirement age paying some of the most affordable prices you'll ever see.

But who has the best premiums for retired drivers between Emc and Farmers? Emc gets the edge here, with average rates coming in at about $48 a month compared to Farmers's $143.

Which is the Best Company for Married Drivers?

Did you know that auto insurance prices are typically less expensive for married drivers than they are for those who are single? That's normally because married couples tend to own and insure several vehicles, which can often earn you a discount.

For single drivers, the difference in average premiums between these two companies is significant, with Emc prices coming in at around a third of Farmers's. For married policyholders, the advantage is clear again - Emc has the edge when it comes to average rates.

Emc or Farmers: Average Rates by Gender

Men are statistically more likely than women to get into collisions and file an insurance claim, which means they'll usually end up paying more for insurance than women.

Normally, women see premiums about $7 a month cheaper with Emc, and around $7 with Farmers.

Looking at the data for each carrier specifically, Emc comes out on top for both men and women, with average prices 64% less for men and 66% cheaper for women.

Emc vs. Farmers: Compare State Minimum vs. Full Coverage Rates

*State minimum value indicates liability-only policies at each state's minimum bodily injury and property damage (BI/PD) limits

**Full coverage indicates state minimum BI/PD limits with collision and comprehensive coverages added to policy.

Auto insurance isn't the easiest topic to understand. There are several different coverages that account for a range of different things. Some protect you and your car, while others only provide coverage for other people's property and health if you cause a collision.

However, most policies end up falling into two different types of coverage -- liability coverage (which covers the other party's injuries and property damage if you cause an accident) and full coverage (which includes collision and comprehensive coverages that protect your own car, in addition to what you get with liability).

Looking specifically at state minimum liability insurance, Emc has the significant edge, with average monthly premiums coming in at $24. If you want a full coverage policy with the same state minimum limits, Emc again has the edge, with policies averaging about $118 per month to Farmers's $281.

Is Emc or Farmers Better for Drivers with Spotty Records?

You've probably seen plenty of commercials from car insurance carriers offering great rates for good drivers, but that doesn't mean people with less-than-perfect driving records can't save money, too.

Speeding tickets and at-fault accidents will most likely raise your premiums, but is Emc or Farmers more affordable for drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Emc for their auto insurance can normally expect their monthly bill to go up around 4% after getting a speeding ticket. Farmers policyholders can expect a bit more drastic of an increase of about 21%.

Even so, Emc is generally the less expensive option for drivers both with clean records and with a ticket, offering rates that are $95 and $136 more affordable, respectively, compared to Farmers Insurance.

Which Company is Best for Drivers After an Accident?

Emc drivers who get in a collision can expect to see their prices rise by just under 10%, while those who have insurance through Farmers will see around a 30% increase.

At the end of the day, drivers who use Emc end up with the cheaper prices after an accident, with average premiums coming in at $74 compared to Farmers Insurance's $224.

Which Company is Best for Drivers with a DUI?

If you get a DUI charge, you can expect some pretty significant increases in your monthly car insurance bill -- usually a lot more than an accident or speeding ticket. On average, Farmers will increase your rates about 27% after a DUI, while Emc's average prices increase by nearly 10%.

How does Credit Score Impact Emc and Farmers Rates?

Did you know many insurance companies take your credit score into account when determining rates? This isn't true for everyone (for example, are two states that ban the practice entirely), but it will come into play for a lot of policyholders.

Auto insurance carriers argue that someone with good credit is more likely to pay their bills on time, which makes them less risky to insure. Because of that, drivers with good credit will often be rewarded with cheaper prices.

Looking at Emc and Farmers specifically, which one has the lowest premiums for policyholders at different credit levels?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

Is Emc or Farmers Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a considerable impact on your monthly car insurance bill. Typically, the more milage you put on your vehicle, the more you can expect to pay for coverage.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Farmers charges. However, there's a significant difference in monthly prices for Emc, with drivers who put 6,000 miles on their car yearly paying around $15 less every month compared to those who drive 12,000 miles each year. Still, for drivers in both categories, Emc is the more affordable company.

Emc or Farmers: Compare Rates for Urban, Suburban, and Rural Drivers

Where your home is can play a sizable role in how much you pay for insurance. Normally, if you live in an urban area with more cars on the road, you'll pay a little more for car insurance, while the opposite is true for people in rural areas.

When comparing these two companies side-by-side, Emc typically comes out as the most affordable option for drivers in all areas, regardless of if they're urban, suburban, or rural.

For drivers in urban ZIP codes, EMC Insurance's average rates are about $176 less than Farmers Insurance. People who live in suburban areas pay around $117 less with Emc compared to Farmers. Those in rural areas can expect to save about $102 with Emc compared to Farmers.

Emc vs. Farmers Discounts

You want to save as much money as you can, right? The best way to do that is by taking advantage of as many insurance discounts as possible.

But with what seems like a million different discounts out there, it can be difficult to find all the ones you qualify for or to nail down the carrier that has the most discounts for your unique driver profile.

Luckily, we did the hard work for you and broke down all of the different discounts offered by both Emc and Farmers so that you can easily see which company offers the most discounts and, therefore, the largest savings.

Farmers blows Emc away when it comes to the sheer amount of discounts available, offering 28 different discounts to Emc's 13.

A couple of those are overlapping for things like advance quote discounts, distant student discounts, discounts for getting driver training, and discounts for being a good student. Farmers also offers discounts for alternative fuel, defensive driver, ESC, and more.

On the other hand, Emc has a few proprietary discounts of their own like telematics discounts and umbrella policy discounts.

Final Thoughts: Is Emc or Farmers Best for You?

So, we've broken down the average premiums for many of the variables auto insurance carriers look at, and walked through the different discounts each company offers, too. That's all well and good, but at the end of the day, which insurance carrier is the right carrier for you and your specific driver profile?

Emc might be best for you if....

• You don't have any speeding tickets, DUIs, or at-fault collisions on your record.
• You have above-average credit.
• You drive fewer than 6,000 miles annually.

Farmers might be best for you if...

• You value the experience that comes with a large national insurance company.
• You care about discounts (Farmers offers the most).

Hopefully, this guide has ben a valuable resource as you compare Emc and Farmers and that it aids in making a more informed decision about your car insurance.

But, at the end of the day, there's only one way to know for sure that you're getting the best possible deal on auto insurance -- comparing quotes from multiple companies, not just Emc and Farmers. Luckily, sites like Compare.com do all the hard work for you. Simply enter your ZIP codes below and get multiple free quotes from some of the best car insurance carriers in your area, all in just a few minutes.

Emc vs. Farmers FAQs

Is Emc or Farmers cheaper?

Emc is the cheaper of the two companies when looking at national average rates, with policies averaging $71 a month with Emc and $203 for Farmers. That being said, that doesn't mean Emc will be the cheapest carrier for everyone, since there are lots of different factors that come into play when it comes to your auto insurance cost.

Who is better, Emc or Farmers?

Sadly, the only answer we can give you is "it depends.". No single company is necessarily "better" for every policyholder -- it all boils down to your unique insurance profile.

Why do Emc and Farmers offer me different rates?

Auto insurance carriers use many different variables when calculating the premiums they charge. Things such as gender, where you call home, your driving record, age, and sometimes even things like your credit score can all come into play. Both Emc and Farmers calculate prices differently, so it's likely they'll offer different premiums. The best way to determine which carrier is the lowest for you is by comparing personalized quotes from a variety of different companies.

How do I know if Emc or Farmers is right for me?

The only way to find the car insurance company that's right for you is by getting quotes from several carriers and finding the one best suited for your individual budget. Luckily, Compare.com makes it easy for you to do just that. Just enter your ZIP code and you'll get quotes from dozens of your local top insurance companies for free. With those, you can guarantee you're getting the most affordable rate. And maybe you'll find that the best carrier for you isn't Emc or Farmers at all, but another you hadn't even thought of!

Methodology

All of the data referenced in this article has been gathered in collaboration with Quadrant Information Services. We analyzed more than 2.5 million rows of carrier-reported data to calculate the average rates referenced above. All rates are based on an insurance profile of a single-vehicle policy for a driver that owns a 2016 Honda Accord. For more information on how we calculate rates, please reference our data methodology.