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

Quick Facts

• Based on national averages for car insurance, Emc offers significantly less expensive premiums than GEICO
• Emc offers cheaper average rates for residents of urban areas
• GEICO offers more discounts than EMC Insurance

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

So, you're considering switching your auto insurance. You've probably seen commercials and billboards from companies offering large discounts, but exactly how much money can you save by switching?

You might have narrowed your search down to Emc or GEICO, but between the two, which one has more affordable prices for insurance?

Looking at the national average rates for both companies, GEICO has average rates that are about 60% per month more expensive than those from Emc.

That being said, that doesn't necessarily mean Emc will be the less expensive option for every single driver. Car insurance carriers use a variety of complex algorithms to calculate rates, so depending on how old you are or where you live (among a whole bunch of other factors), you could see wildly different premiums from the ones above.

So, if you want to find out which of Emc or GEICO is really the best for you, keep reading to see average rates for each company broken down by a range of different rate factors.

Emc or GEICO: Average Car Insurance Rates by State

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But there's more to car insurance than just where you call home. As we mentioned above, there's a lot of things that go into how insurance companies determine your prices. Continue reading to see how other factors will affect your rates.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- typically pay a lot for auto insurance compared to older drivers. It's generally because young, inexperienced drivers are statistically much more likely to get into an accident that results in a car insurance claim, making them much riskier to insure.

Even so, that doesn't mean that teen drivers have to just accept sky-high insurance rates. As you can see above, teens who use Emc save nearly $250 a month compared to those who use GEICO.

But both carriers will reduce premiums by the time drivers turn 25. For example, average rates for Emc policyholders decrease almost 45% and GEICO's premiums drop more than 55% over that time.

Which is the Best Company for Retired Drivers?

Once you approach retirement age, you'll usually enjoy the most affordable car insurance prices you'll ever find. You've been on the road for years, and all that experience pays off when it comes to your monthly premiums for auto insurance.

But who has the best prices for retired drivers between Emc and GEICO? Emc gets the edge here, with average rates coming in at around $48 per month compared to GEICO's $148.

Which is the Best Company for Married Drivers?

Single policyholders tend to get offered slightly more expensive car insurance premiums than married couples. This usually boils down to married drivers having more than one car on their policy -- something many auto insurance companies will reward with discounts.

When it comes to relationship status, Emc is the clear winner for single drivers, with prices about $126 per month more affordable than GEICO, on average. The advantage is also clear for married policyholders - Emc offers the cheapest average rates.

Emc vs. GEICO: Average Rates by Gender

You may not know, but insurance is normally more expensive for men than for women. This is because men are more likely to get speeding tickets and get into collisions, which increases the chances of an insurance claim.

On average, women see premiums nearly 10% a month less with Emc, while with GEICO, the difference is closer to 4% per month.

Looking at the data for each carrier specifically, Emc offers the lowest average prices for both men and women, with average rates 60% less for men and 62% cheaper for women.

Emc or GEICO: 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.

For most people, auto 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.

However, most policies end up falling into two different types of coverage -- liability only (that covers bodily injury and property damage 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 typically offers significantly cheaper premiums of $24 compared to GEICO's $101. When it comes to full coverage policies with similar limits, Emc again has the edge, with policies around $150 a month less expensive than GEICO, on average.

Is Emc or GEICO Better for Drivers with Spotty Records?

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

It's no secret secret that tickets and at-fault accidents lead to higher rates, but which company -- Emc or GEICO -- has the cheapest prices for drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Emc policyholders can expect their rates to go up an average of $3 per month if they get a ticket, while GEICO generally raises prices about $35 a month, on average.

That being said, Emc tends to offer the best prices for both drivers who have a recent speeding ticket and those with clean records -- their rates are around 42% cheaper for drivers with clean records and 53% more affordable for those with a ticket.

Which Company is Best for Drivers After an Accident?

After an accident, drivers who have their car insurance through Emc can expect to see around an $7 -- or about 9% -- increase in their auto insurance premiums. Drivers who use GEICO for their insurance will see a monthly bill around $85 (or 43%) more expensive after reporting a collision to their car insurance carrier.

Overall, Emc offers the most affordable prices for drivers with an at-fault accident on their records, with monthly rates averaging $74 compared to GEICO's $200.

Which Company is Best for Drivers with a DUI?

If you get a DUI charge on your record, it's probably going to cost you more than a simple ticket or even an accident. On average, GEICO will raise your premiums about 58% after a DUI, while Emc's average prices climb by just under 10%.

How does Credit Score Impact Emc and GEICO Rates?

Often times, your credit score can come into play when carriers calculate your monthly bill. This isn't always the case (for example, California and Hawaii are two states that ban the practice entirely), but it will come into play for quite a few drivers.

The reasoning auto insurance companies use is that policyholders with bad credit will be less likely to pay their bills on time; so normally, they'll be asked to pay more, while those with good credit will be rewarded with cheaper premiums.

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

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

Is Emc or GEICO 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 prices. Usually, the more miles you put on your vehicle each year, the more you can expect to pay for insurance.

Emc tends to be the less expensive option for both drivers who put 6,000 miles on their vehicles annually, as well as those who average twice that figure. Emc's average rates for drivers with 6,000 annual miles come in around 65% more affordable than GEICO. Those who drive 12,000 miles yearly can expect to pay about 58% less with Emc over GEICO.

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

We've already mentioned how your home state can play a role in how much you pay for car insurance, but the type of area you live in can have a big impact as well. Normally, if you live in an urban area with more cars on the road, you'll pay a little more for auto insurance, while the opposite is true for people in rural areas.

Emc boasts the lowest average prices for drivers in all areas, regardless of if they're urban, suburban, or rural.

Policyholders in rural ZIP codes see the most affordable premiums from both carriers, but Emc comes out on top with average prices around $68 a month. Emc also has less expensive average rates for drivers in urban and suburban ZIP codes -- a $136 and $113 per month respective difference when compared to GEICO policyholders in similar areas.

Emc vs. GEICO Discounts

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

The challenging part is finding all of the discounts you qualify for, since it can feel sometimes like every company has different discounts and each one is advertised differently.

In the table below, we've compared all of the different discounts offered by Emc and GEICO so that you can find the carrier that has the most discounts and, therefore, the biggest savings.

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

There are a couple discounts both companies offer, but GEICO also offers commercial drivers license discounts, COVID-19 relief discount, defensive driver discounts, and more that Emc does not.

On the flip side, Emc has a couple unique discounts of its own -- advance quote discounts and umbrella policy discounts.

Final Thoughts: Is Emc or GEICO Best for You?

You've seen the effect certain variables have on your insurance and the different discounts carriers offer. That's all well and good, but at the end of the day, which insurance carrier is the best fit for you?

Emc might be best for you if....

• You've received a ticket for speeding recently and don't want to see your premiums increase.
• Your credit score is high.
• You're married and plan to have both of your names on the vehicle's car insurance policy.

GEICO might be best for you if...

• You value the experience that comes with a large national insurance company.
• You want to save extra money with discounts.

We hope this guide has ben a valuable resource as you compare Emc and GEICO. We also hope we've given you the information you need to make the best decision about your auto insurance.

At the end of the day, the sure-fire way to make sure you're getting the best deal on your insurance policy is to compare quotes from multiple companies, not just Emc and GEICO. Luckily, Compare.com does all the hard work for you. Simply enter your ZIP codes below and get free quotes from dozens of top car insurance carriers in your area, all in just a few minutes.

Emc vs. GEICO FAQs

Is Emc or GEICO cheaper?

Looking just at the national average rates, Emc is the cheaper of the two companies, offering average rates of $71 a month compared to $185 for GEICO. Even so, Emc won't necessarily be the cheapest carrier for each driver, since there are lots of different factors (things like driving record, age, gender, etc.) that play a role in how much you pay.

Who is better, Emc or GEICO?

Sadly, the real answer is "it depends.". Neither company is "better" for everyone -- it all depends on what your unique auto insurance profile looks like.

Why do Emc and GEICO offer me different rates?

Insurance carriers take a look at several different variables when calculating the premiums they charge drivers. Things such as where your home is, age, where you call home, gender, and sometimes even things like your credit score can all come into play. Both Emc and GEICO calculate prices using different factors, so each one will most likely offer different premiums. The only real way to see 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 GEICO is right for me?

The only way to find the auto insurance company that's right for you is by getting quotes from a handful of carriers and finding the one best suited for your individual budget. Luckily, sites like Compare.com make it easy for you to do just that. Just enter your information once and you'll get free quotes from dozens of the best car insurance companies in your area. With those, you can guarantee you're getting the most affordable premium. And who knows, the best carrier for you might not be Emc or GEICO 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.