How much you can expect to spend on car insurance with Mercury.
Since 1962, Mercury has been selling auto insurance. On this page, you’ll see what you can expect to pay for auto insurance with Mercury, how you can lower your premiums, and what makes Mercury unique.
Mercury insurance costs an average of $1,706 annually, with a range of $1,034 to $2,016. The factors Mercury uses to determine auto insurance rates include a risk assessment of the driver filing a future claim. For example, teens or motorists who have recently caused accidents are deemed high-risk and therefore would pay higher rates for car insurance. Here are the average costs for various circumstances.
Mercury offers several ways customers can save on their auto insurance.
Mercury saves customers money by offering discounts for bundling home, condo, or renters insurance along with auto insurance.
Mercury offers hassle-free auto repairs at trusted, authorized repair facilities. Repairs at such a shop are guaranteed for as long as you own your vehicle.
An optional coverage customers can add to their auto policy, Mercury’s 24/7 roadside assistance will send a roadside service professional to assist motorists with flat tires, dead batteries, and other auto troubles. Customers can opt in to receive real-time status updates via text to keep in touch with their roadside service technicians.
Rideshare insurance provides protection to drivers who work for rideshare companies such as Lyft and Uber. The extra coverage protects customers and their vehicles for when the ridesharing app is on but the policyholder hasn’t yet accepted a rideshare customer.
Mercury offers ridesharing insurance coverage for as low as 90 cents a day.
Mercury started its Special Investigations Unit (SIU) in 1978. Insurance companies shell out an estimated $100 billion-plus annually on fraudulent claims, which harms the industry and drives up premium costs for customers. Mercury’s SIU works closely with local and federal law enforcement to bring down fraud rings and scammers.1
Mercury offers auto insurance in 11 states:
To cancel an auto insurance policy, policyholders should notify Mercury in writing with the specific date for the policy cancellation and the reason for canceling. Customers can send their auto insurance cancellation notice via the company’s webform (https://cp.mercuryinsurance.com/guest/contact-mercury?src=cw) or mailing address at:
555 W. Imperial Hwy
Brea, CA 92821-4802
Potential customers can contact Mercury by phone and online. For policy questions, speak to an agent by calling 866-418-3375. Find coverage and other auto insurance information by visiting Mercury online (https://www.mercuryinsurance.com/). You can also send an email through the company’s webform here: https://cp.mercuryinsurance.com/guest/contact-mercury?src=cw.
Mercury has an online quote generator that takes customer information and produces an auto insurance quote in less than seven minutes. You can also get Mercury car insurance quotes by calling AutoInsurance.com directly.
Why should customers choose Mercury auto insurance? The company offers coverage at affordable rates paired with great service. Mercury provides good rates for both safe drivers and high-risk drivers. Customers pay on average $56 per month for the minimum auto insurance coverage policy from Mercury, which could be lowered still by the company’s plethora of discounts.
Mercury is a reputable company. AM Best Rating Services, an independent rating agency, rated Mercury a Superior A+ for its financial strength.
Yes, Mercury is good at paying claims. While Mercury has received higher-than-average complaints, according to the National Association of Insurance Commissioners (NAIC) index, A.M. Best rated the company A+ (Excellent) for its ability to pay its financial obligations and claims. According to the J.D. Power U.S. Auto Claims Satisfaction Study in 2020, the most recent year Mercury was ranked, Mercury scored below the industry average in claims payment, but it’s financially sound and does have the resources to pay claims with a strong claims reserve of $2,226,430, according to its 2021 annual report.
Mercury Insurance is known for personal auto insurance, although it offers additional insurance products such as commercial auto, home, and renters insurance. Mercury’s largest auto customer base is in California, but it also sells auto insurance in ten other states through a network of independent agents.
No, Mercury does not offer customers accident forgiveness. Mercury car insurance customers who have at-fault accidents may see their rates rise up to 80 percent. Overall, however, Mercury offers affordable auto car insurance.
Why choose Mercury for your Auto Insurance? Mercury Insurance. (2022).