Mercury Insurance Review & Ratings (2024)

What You Should Know About Mercury Insurance Group

Welcome to our comprehensive guide on Mercury Insurance, where we delve into the various aspects of this reputable insurance provider. We will discuss Mercury Insurance’s coverage options, outstanding customer satisfaction, and unwavering financial stability. We’ll also explore related topics such as insurance providers and factors that influence insurance rates.

Whether you’re considering Mercury Insurance for the first time or looking to switch to a better policy, we have you covered. To ensure you find the most competitive rates from the best insurance providers in your area, simply enter your zip code below and let us help you compare quotes. Take the first step towards securing reliable and affordable coverage for your needs.

Mercury Insurance History and Mission

Mercury Insurance was founded in 1961 by George Joseph, with the mission of providing affordable and reliable insurance coverage to customers. The company started as a small, local insurance provider in California but quickly grew to become one of the largest independent insurance companies in the US.

Over the years, Mercury Insurance has remained committed to its mission of providing affordable coverage options while also offering exceptional customer service.

In recent years, Mercury Insurance has expanded its product offerings beyond auto insurance, offering homeowners insurance, renters insurance, and more.

Despite its growth and expansion, the company remains dedicated to its original mission and continues to be a popular choice for drivers and homeowners looking for affordable and reliable insurance coverage.

Mercury Insurance Group Insurance Coverage Options

Mercury Insurance offers a wide range of insurance products and services to meet the needs of its customers. The company’s primary focus is on auto insurance, but it also offers homeowners insurance, renters insurance, and condo insurance. Here’s a closer look at each of the products and services that Mercury Insurance offers:

• Auto insurance: Mercury Insurance offers a range of auto insurance coverage options to meet the needs of drivers. Their coverage options include liability insurance, collision insurance, comprehensive insurance, personal injury protection, uninsured/underinsured motorist coverage, and roadside assistance.
• Homeowners insurance: Mercury Insurance offers homeowners insurance coverage, protecting damage to your home and personal property. The company offers a range of coverage options to meet the needs of homeowners, including coverage for dwelling, personal property, liability, additional living expenses, and more.
• Renters insurance: If you’re renting a home or apartment, Mercury Insurance offers renters insurance to protect your personal property and provide liability coverage. The company’s renters insurance policies provide coverage for personal property, liability, loss of use, medical payments to others, and more.
• Condo insurance: Mercury Insurance offers insurance coverage for condominium owners, protecting your unit and personal property. The company’s condo insurance policies provide coverage for dwelling, personal property, liability, loss of use, and more.
• Business insurance: Mercury Insurance also offers business insurance products and services, including commercial auto insurance, general liability insurance, workers’ compensation insurance, and more. These products are designed to meet the needs of small business owners.

Mercury Insurance Group Insurance Rates Breakdown

The cost of Mercury Insurance can vary depending on several factors, including the type and amount of coverage you need, your driving history, the make and model of your vehicle, your age and gender, and your location. However, Mercury Insurance is known for offering competitive rates to its customers, particularly in the states where it has a strong presence.

To get an idea of what you can expect to pay for Mercury Insurance, we can look at some sample rates for a few different coverage scenarios:

• Liability-only coverage: For a 30-year-old male driver with a clean driving record: $481 per year in California, $378 per year in Arizona, and $405 per year in Texas.
• Full coverage (collision, comprehensive, liability): For a 35-year-old female driver with a clean driving record, driving a 2018 Honda Civic: $1,305 per year in California, $1,200 per year in Arizona, and $1,225 per year in Texas.
• Homeowners insurance coverage: for a 40-year-old homeowner with a $300,000 dwelling coverage limit, $100,000 personal property coverage, and $300,000 liability coverage: $1,050 per year in California, $800 per year in Arizona, and $1,300 per year in Texas.

Keep in mind that these are just sample rates and your actual cost for Mercury Insurance will depend on your circumstances.

Mercury Insurance Group Discounts Available

Mercury Insurance offers several discounts to its customers to help them save money on their insurance premiums. Here’s a look at some of the most common discounts available:

• Multi-policy discount: If you have multiple policies with Mercury Insurance, such as auto and homeowners insurance, you can save money on your premiums.
• Good driver discount: If you have a clean driving record with no accidents or traffic violations, you may qualify for a good driver discount.
• Anti-theft discount: If your vehicle has an anti-theft device installed, you may be eligible for a discount on your auto insurance premiums.
• Multi-car discount: If you have more than one vehicle insured with Mercury Insurance, you can receive a discount on your premiums.
• Good student discount: If you or your child is a full-time student with good grades, you may be eligible for a discount on your auto insurance premiums.
• Professional association discount: If you belong to a professional organization or association, you may be eligible for a discount on your auto or homeowners insurance.
• Home safety features discount: If your home has certain safety features installed, such as smoke detectors or a security system, you may be eligible for a discount on your homeowner’s insurance premiums.