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

Quick Facts

• Based on national averages for car insurance, Emc offers significantly less expensive prices than Nationwide
• Emc has more affordable premiums for policyholders who haven't received any speeding tickets or been in a collision in the last few years
• Nationwide may help you save more money -- they offer more discounts than EMC Insurance

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

Are you considering a new insurance policy? With so many ads from all sorts of companies offering hefty savings, you're probably wondering exactly how much you might be able to save.

You've maybe even narrowed it down to Emc or Nationwide for your next policy, but which one will offer you cheaper prices?

Looking at the national average rates for both carriers, Nationwide has average rates that are around 60% a month more expensive than those from Emc.

But that doesn't necessarily mean Emc will be the less expensive option for every single driver. Auto insurance companies vary their rates depending on things like where you live, how good your credit score is, how clean your driving record is, how old you are, and tons of other factors. So, at the end of the day, premiums from every company will differ quite a bit from person to person.

So, if you want to find out which of Emc or Nationwide is really the best for you, keep reading to see average prices for each carrier broken down by a bunch of different rate factors.

Emc vs. Nationwide: Average Car Insurance Rates by State

Emc and Nationwide 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.

That being said, there are plenty of other factors that go into your insurance bill than just your home state. Read on to learn more.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- usually pay a lot for car insurance compared to older drivers. The reason is that teen drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

However, that doesn't mean that teen drivers have to just accept sky-high auto insurance rates. As you can see above, teens who use Emc save almost 65% a month compared to those who use Nationwide.

Even so, both carriers will lower prices by the time drivers turn 25. For example, average premiums for Emc policyholders drop about $60 and Nationwide's rates decrease around $250 over that time.

Which is the Best Company for Retired Drivers?

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

So, which company offers the best premiums to retired drivers? Emc gets the edge, with prices for drivers 65 and older over 60% cheaper than the national average for Nationwide.

Which is the Best Company for Married Drivers?

You may not be aware, but insurance premiums tend to be more expensive for single policyholders than they are for married policyholders. This usually boils down to married drivers having more than one vehicle on their policy -- something many auto insurance companies will reward with discounts.

For those who are single, the difference in average rates between these two carriers is significant, with Emc prices coming in at about a third of Nationwide's. The advantage for married couples with Emc is also obvious, where drivers save more than $70 per month.

Emc or Nationwide: Average Rates by Gender

Because women are less likely to get into accidents and get tickets, they run a lower risk of filing a claim with insurance. So, insurance companies will tend to offer women more affordable rates.

Women generally pay nearly 10% a month less than men with Emc, and around 7% less with Nationwide when compared to their male counterparts.

Looking at overall affordability, Emc comes out as the cheapest option for both genders. On average, male drivers save about $101 per month and women save about $96 with Emc compared to the average Nationwide policyholder.

Emc vs. Nationwide: 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.

It's no secret that insurance can be a complicated subject for most people. There are several different coverages that account for a variety of different things. Some protect you and your car, while others only provide coverage for other people's property and health if you cause an accident.

The two most common policies that drivers look at fall into two categories -- liability coverage (which provides bodily injury and property damage coverage for other drivers if you cause a collision) and full coverage (which includes two additional coverages -- collision and comprehensive -- in addition to what you get with liability coverage).

Looking specifically at state minimum limits for 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 around $118 a month to Nationwide's $229.

Is Emc or Nationwide 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.

At-fault collisions and speeding tickets will most likely raise your prices, but is Emc or Nationwide more affordable for drivers with less-than-perfect 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 about 4% after getting a speeding ticket. Nationwide policyholders can expect a bit more drastic of an increase of around 16%.

That being said, Emc is generally the less expensive option for both drivers who have a recent ticket and those with clean records, offering premiums that are $58 and $79 more affordable, respectively, compared to Nationwide.

Which Company is Best for Drivers After an Accident?

Emc drivers who get in an accident can expect to see their prices rise by $7, while those who have insurance through Nationwide will see about a $55 increase.

At the end of the day, Emc offers the lowest premiums for drivers with an at-fault collision on their records, with average rates coming in at $74 compared to Nationwide's $178.

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 insurance bill -- typically a lot more than a collision or speeding ticket. On average, Nationwide will increase your premiums around 46% after a DUI, while Emc's average rates increase by nearly 10%.

How does Credit Score Impact Emc and Nationwide Rates?

You may not have known, but your credit score can come into play when companies determine your monthly bill. This isn't true for everyone (California, for example, has banned the use of credit score as a car insurance factor) but it will come into play for quite a few 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 Nationwide specifically, which carrier has the most affordable rates 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 Nationwide Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a sizable impact on your monthly premiums. Normally, the more milage you put on your car, the more you can expect to pay for coverage.

For both remote workers and those taking short commutes, Emc offers less expensive prices than Nationwide. Nationwide's average rates for drivers with 6,000 annual miles come in more than $100 more expensive than Emc. Those who drive 12,000 miles yearly can expect to pay over $90 more with Nationwide over Emc.

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

Where you live can have a big impact on your monthly car insurance cost. Usually, if you live in a rural area with fewer cars on the road, you'll pay a little less for insurance, while the opposite is true for people in urban areas.

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

Those in rural areas can expect to save about 55% with Emc compared to Nationwide. People who live in suburban areas pay around 55% less with Emc compared to Nationwide. For drivers in urban ZIP codes, EMC Insurance's average rates are about 62% less than Nationwide.

Emc vs. Nationwide 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 auto insurance discounts as possible.

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

Luckily, we did the hard work for you and looked at all of the different discounts Emc and Nationwide offer their customers so that you can see which company offers the most discounts and see which ones you might be able to take advantage of.

Nationwide blows Emc away when it comes to the sheer amount of discounts available, offering 22 different discounts to Emc's 13.

A couple of those are overlapping for things like anti-theft discounts, discounts for getting driver training, EFT discounts, and multi-policy discounts. Nationwide also offers discounts for agency transfer, defensive driver, employee discount, and more.

On the other hand, Emc has a few proprietary discounts of their own for things like ABS discounts, mature driver discounts, and umbrella policy discounts.

Final Thoughts: Is Emc or Nationwide Best for You?

You've seen the role certain variables have on your car insurance and the different discounts companies offer. But, when it comes down to it, which insurance carrier is the right carrier for you, your vehicle, and your wallet?

Emc might be best for you if....

• You have less-than-stellar credit.
• Your home is in a busy urban area.
• You're married and plan to have both of your names on the vehicle's insurance policy.

Nationwide might be best for you if...

• You value the experience that comes with a large national car insurance company.
• You're looking for the carrier with the most discounts.

Hopefully, this guide has ben a valuable resource as you compare Emc and Nationwide. We also hope we've given you the information you need to make the best decision when it comes to your auto insurance.

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

Emc vs. Nationwide FAQs

Is Emc or Nationwide cheaper?

Emc is the cheaper of the two carriers when looking at national average premiums, with policies averaging $71 per month with Emc and $170 for Nationwide. However, that doesn't mean Emc will be the most affordable company for everyone, since there are lots of different factors that are considered when it comes to your car insurance payment.

Who is better, Emc or Nationwide?

Unfortunately, the answer truly is "it depends.". Neither carrier is "better" for everyone -- it all depends on the makeup of your unique insurance profile.

Why do Emc and Nationwide offer me different rates?

Car insurance companies use lots of different variables when determining the prices they charge. Things such as age, where you park your vehicle, gender, your driving record, and sometimes even things like your credit score can all be taken into consideration. Both Emc and Nationwide calculate premiums differently, so it's likely they'll offer different rates. The best way to determine which company is the cheapest for you is by comparing personalized quotes from many different carriers.

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

The only way to find the auto insurance carrier that's right for you is by getting quotes from multiple companies and finding the one best suited for your individual budget. Luckily, sites like Compare.com do all the hard work for you. Just enter your area information and you'll get quotes from dozens of your local top car insurance carriers for free. With those, you can guarantee you're getting the lowest price. And maybe you'll find that the best company for you isn't Emc or Nationwide 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.