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

Quick Facts

• Looking at the national averages for car insurance, Emc offers significantly more affordable prices than Farmers Mutual
• Emc offers more affordable premiums for drivers with a DUI charge on their record
• Emc offers more affordable prices for policyholders who have a clean driving record, free of accidents, tickets, or DUIs

Emc vs. Farmers Mutual: Which Company has the Cheapest Car Insurance?

Are you in the market for a new insurance policy? With so many ads from all sorts of companies offering huge discounts, you're probably wondering exactly how much you might be able to save.

You might have narrowed your search down to Emc or Farmers Mutual for your next policy, but between the two, which company will save you the most?

Looking at the national average rates for both companies, Farmers Mutual is about $19 more per month than Emc.

That being said, that doesn't necessarily mean Emc will be the less expensive option for every single driver. Auto insurance carriers vary their premiums depending on things like where you live, how good your credit score is, how old you are, how clean your driving record is, and a ton of other factors, so rates could differ drastically from person to person.

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

Emc or Farmers Mutual: Average Car Insurance Rates by State

Emc and Farmers Mutual only compete against each other in Nebraska, where Emc offers the cheaper average rates. For Nebraska residents, Emc offers car insurance for $71 monthly on average. Farmers Mutual's average premiums come out to be over 20% more expensive, at $86 per month.

There's a lot more that goes into your insurance payment than just where you call home. Keep reading to learn more.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- normally pay a lot for auto insurance compared to older drivers. It's usually because young, inexperienced drivers are statistically much more likely to get into accidents since they have less experience on the roads.

However, that doesn't mean that teen drivers have to just accept sky-high insurance prices. As you can see above, teens who use Emc save more than $45 a month compared to those who use Farmers Mutual.

But both companies will offer you dramatically lower rates by the time drivers turn 25. For example, average premiums for Emc policyholders drop over $60 and Farmers Mutual's prices reduce around $95 over that time.

Which is the Best Company for Retired Drivers?

Drivers around retirement age typically enjoy some of the cheapest car insurance premiums you can find. After all, they've likely been driving for quite some time, which generally lowers their chances of collisions and other infractions that can increase rates.

But who has the best premiums for retired drivers between Emc and Farmers Mutual? Emc gets the edge, with prices for drivers 65 and older more than 20% cheaper than the national average for Farmers Mutual.

Which is the Best Company for Married Drivers?

Single drivers tend to get offered slightly more expensive insurance rates than married policyholders. This usually boils down to married couples having multiple cars on their policy -- something a lot of auto insurance carriers will reward with discounts.

When it comes to relationship status, Emc is the clear winner for single policyholders, with premiums about $22 per month more affordable than Farmers Mutual, on average. The advantage for married drivers with Emc is also obvious, where drivers save nearly $15 a month.

Emc vs. Farmers Mutual: Average Rates by Gender

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

Men normally pay around $7 per month more than women with Emc, while with Farmers Mutual, the difference is closer to $8 a month.

When it comes to the most affordable prices for each gender, Emc comes out as the lowest option for both genders, with average rates 20% less for men and 21% cheaper for women.

Emc or Farmers Mutual: 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.

Insurance isn't the easiest topic to understand. There are so many different coverages and terms that it can make it pretty confusing to find the right policy.

Even so, most policies that many drivers look at fall into two categories -- liability only (which provides property damage and bodily injury coverage for other drivers and passengers if you cause an accident) and full coverage (which includes two additional coverages -- comprehensive and collision -- alongside liability).

If you're looking for state minimum limits for liability insurance, Emc usually offers cheaper premiums of $24 compared to Farmers Mutual's $32. When it comes to full coverage policies with similar limits, Emc again has the edge, with policies about $30 per month less expensive than Farmers Mutual, on average.

Is Emc or Farmers Mutual Better for Drivers with Spotty Records?

It's no big secret that drivers who are accident-free get better deals on their car insurance. But even if you have a spotty record, you can still find plenty of ways to save some cash on your monthly bill.

Tickets and collisions will most likely raise your rates, but is Emc or Farmers Mutual more affordable for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Emc policyholders can expect their prices to go up an average of $3 a month if they get a ticket, while Farmers Mutual generally raises premiums around $6 per month, on average.

However, Emc is normally the less expensive option for both drivers who have clean records and those with a recent speeding ticket. Drivers with a clean record can save about $3 a month and drivers with a ticket can save around $6 per month with EMC Insurance.

Which Company is Best for Drivers After an Accident?

Both companies will raise prices pretty significantly if you get into an at-fault accident with Farmers Mutual increasing by over $15. Emc has a less extreme climb, but you can still expect to pay $7 more than you were prior to your first collision.

Overall, the cheaper rates come from Emc, with monthly prices averaging $74 compared to Farmers Mutual's $86.

Which Company is Best for Drivers with a DUI?

On average, a DUI offense is going to cost you much more than a single accident or speeding ticket when it comes to your auto insurance bill. For example, Farmers Mutual increases average premiums by just under $60 a month -- that's over a 45% increase.

If you have a DUI on your record and are looking for more affordable rates, Emc tends to be the much less expensive option with average prices of $74 a month compared to $128 from Farmers Mutual.

How does Credit Score Impact Emc and Farmers Mutual Rates?

Did you know that many car insurance carriers take your credit score into account when calculating rates? This isn't always the case (Massachusetts, for example, has banned the use of credit score as a rating factor) but it will come into play for many drivers.

Insurance companies 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, policyholders with good credit will often be rewarded with more affordable premiums.

So, which company offers the most affordable rates for drivers with poor, average, or good credit?

Which Company is Best for Drivers with Good Credit?

If you have a great credit score, you'll usually find a better deal with Emc. Policyholders with "excellent" credit can save more than 25% compared to Farmers Mutual, and those with "good" scores can also expect to see savings -- about $21 or 25% cheaper each month.

Which Company is Best for Drivers with Bad Credit?

Emc typically offers lower prices than Farmers Mutual when it comes to drivers with bad credit. Drivers with "fair" credit pay around $20 per month less with Emc compared to Farmers Mutual, and those with "poor" scores typically save an average of about $11 monthly.

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

The amount of time you spend behind the wheel of your car plays a big role in your monthly premiums. Usually, the more miles 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 Mutual charges. However, there's a significant difference in monthly rates for Emc, with policyholders who drive 6,000 miles every year paying around $15 less each month compared to those who drive 12,000 miles yearly. Still, Emc is the less expensive option for drivers in both categories.

Emc vs. Farmers Mutual: Compare Rates for Urban, Suburban, and Rural Drivers

Where your home is can play a substantial role in how much you pay for auto insurance. Generally, those who live in rural areas will pay less than drivers in urban areas because there are a lot fewer cars on the roads in those areas.

Emc tends to offer the cheapest premiums for drivers in all areas, regardless of if they're urban, suburban, or rural.

In urban areas, EMC Insurance's average prices are about $18 less than Farmers Mutual. Drivers in suburban ZIP codes pay around $15 less with Emc compared to Farmers Mutual. If you live in a rural area, you can expect to save about $22 with Emc compared to Farmers Mutual.

Emc vs. Farmers Mutual Discounts

Regardless of why you might be in the market for a new car insurance policy, you're always going to want to save as much money as possible, and the best way to do that is by utilizing as many insurance discounts as you can.

But with what seems like a million different discounts out there, it can be hard to nail down the company that has the most discounts for your unique driver profile and to find all the discounts you can take advantage of.

In the table below, we've compared all of the different discounts offered by Emc and Farmers Mutual so that you can see which one can save you the most money each month.

Emc knocks Farmers Mutual out of the park when it comes to the sheer number of discounts available, offering 13 different discounts to Farmers Mutual's seven.

A couple of those are overlapping for things like discounts for getting driver training, multi-policy discounts, and passive restraint discounts. Emc also offers ABS discounts, advance quote discounts, anti-theft discounts, and more that Farmers Mutual does not.

On the flip side, Farmers Mutual has a couple unique discounts of its own -- discounts for insuring multiple cars with the same company, paid in full discounts, and secondary vehicle discounts.

Final Thoughts: Is Emc or Farmers Mutual Best for You?

So, you've seen how different factors can affect your auto insurance premiums. We've shown you all the discounts each carrier offers, too. But, at the end of the day, which company is the best carrier for you and your specific profile and needs?

Emc might be best for you if....

• You have a DUI charge on your record.
• You want basic insurance coverage at the state minimum limits.
• You drive fewer than 12,000 miles annually.

Farmers Mutual might be best for you if...

• You have a more unique driver profile than those we mentioned above.

We hope this guide helps you get a good idea of the differences between Emc and Farmers Mutual and that you can now make a more informed decision when it comes to your auto insurance.

At the end of the day, the sure-fire way to make sure you're getting the best deal on your car insurance policy is to compare quotes from multiple carriers, not just Emc and Farmers Mutual. Luckily, sites like Compare.com make it easy for you to do just that. Simply enter your ZIP codes below and get multiple free quotes from some of the best insurance companies in your area, all in just a few minutes.

Emc vs. Farmers Mutual FAQs

Is Emc or Farmers Mutual cheaper?

Looking just at the national average rates, Emc is the cheaper of the two carriers, offering average rates of $71 a month compared to $90 for Farmers Mutual. That being said, Emc won't necessarily be the most affordable carrier for everyone, since there are several different variables (things like driving record, age, gender, etc.) that play a role in how much you pay.

Who is better, Emc or Farmers Mutual?

Sadly, the only answer we can give you is "it depends.". No single company is "better" for everyone -- it all comes down to what your unique car insurance profile looks like.

Why do Emc and Farmers Mutual offer me different rates?

Auto insurance companies take a look at lots of different factors when determining the prices they charge policyholders. Things like your driving record, age, gender, where you park your vehicle, and sometimes even things like your credit score can all be taken into consideration. Both Emc and Farmers Mutual calculate rates using different variables, so each one will most likely offer different premiums. The only real way to see which carrier is the cheapest for you is by comparing personalized quotes from multiple different carriers.

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

The only way to find the insurance company that's right for you is by getting quotes from a handful of companies 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 free quotes from dozens of the best car insurance carriers in your area. That way, you can guarantee you're getting the best premium. And who knows, the best carrier for you might not be Emc or Farmers Mutual at all!

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.