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Searching online for car insurance will quickly lead you to find a number of different providers, including Mercury Insurance. An established insurer offering competitively priced policies, Mercury offers some perks but also comes with some drawbacks.
Here’s what to know if you’re considering a car insurance policy from Mercury Insurance.
Mercury has been offering auto, home, and renters insurance to consumers for more than 60 years.
The average monthly cost of a full-coverage auto policy from Mercury is $235.
Mercury receives a higher-than-average number of customer complaints, according to recent National Association of Insurance Commissioners (NAIC) data.
What is Mercury car insurance?
Founded in 1961, Mercury Insurance offers a variety of consumer and commercial insurance policies, including homeowners, renters, auto, and small-business coverage. While it’s a long-standing company with a range of offerings, Mercury only operates in 11 U.S. states: Arizona, California, Florida, Georgia, Illinois, New Jersey, Nevada, New York, Oklahoma, Texas, and Virginia.
How does Mercury auto insurance work?
As with any insurer, Mercury Insurance profits when consumers and business owners obtain a policy and pay their monthly premiums. In return for premium payments, policyholders receive auto coverage. Prospective customers can shop for coverage and obtain a quote from Mercury online or over the phone. Mercury offers personal and business auto policies, as well as homeowners and renters insurance.
Mercury car insurance coverage
Mercury offers several types of car insurance coverage for consumers, including insurance add-ons. You can opt for liability-only coverage or a full-coverage policy, which serves as additional protection beyond what liability insurance provides.
Here’s what Mercury has to offer:
Liability: This covers damage you may cause to others if you cause an accident.
Collision: This coverage pays for damage to your vehicle from an accident or rollover, regardless of fault.
Comprehensive: This covers damage to your car due to an unexpected event like theft, vandalism, a fallen tree branch, or inclement weather.
Uninsured/underinsured motorist: This coverage pays for your medical bills and other costs associated with bodily injury when another driver without adequate coverage causes them.
Medical payments: This add-on coverage can help pay for your medical expenses after an auto accident.
Personal injury protection (PIP): This compensates you for medical bills, lost wages, and more, regardless of who caused the accident.
Rental car: This additional coverage pays for rental car costs if your car is being repaired after damage caused in a covered event.
Roadside assistance: This add-on coverage protects you if your car malfunctions and you need help from a roadside services professional.
Ride-hailing: This covers your car if you drive for a rideshare service and you’re en route to pick up a customer.
Umbrella: This provides coverage beyond what your policy offers in case you cause an accident that seriously injures another driver.
Mechanical failure: This pays for covered repair costs if your vehicle breaks down.
Certain coverages might not be available in all the states Mercury serves. If you’re interested in a specific coverage type, consider speaking with an agent to learn more about the coverages offered where you live.
Learn More: Compare Car Insurance by Coverage
How to get a Mercury car insurance quote
If Mercury provides coverage in your state, you can get a quote for an auto policy by entering your ZIP code and personal information on the Mercury website. Mercury estimates the quote process takes around seven minutes. You can also speak with an agent if you’d prefer to get a quote over the phone.
Those still considering other insurance options in addition to Mercury can also use a quote-comparison platform like Insurify. This type of platform lets you compare quotes from several providers all in one place.
Mercury car insurance cost by state
Depending on your state of residence, your car insurance requirements and costs will vary. For instance, Georgia state law requires drivers to purchase more auto coverage than Florida does.
Here are the average monthly costs of full-coverage auto insurance with Mercury in states with available coverage.
Mercury auto insurance rates by driving history
Beyond where you live and coverage requirements, your policy cost will also vary based on your driving history. If you have several driving violations, like speeding tickets, at-fault accidents, or DUIs, you’ll likely pay more for coverage than you would with a clean record.
Here’s a look at Mercury Insurance’s average monthly rates for full-coverage insurance based on driving history:
Read More: Cheapest Car Insurance by Driving Record
Mercury car insurance cost by age
Your car insurance costs will also change as you age. Teenagers and drivers younger than 25 tend to pay the most for auto coverage, while more experienced middle-aged drivers often pay the least for their policies. Here’s what you can expect to pay for Mercury auto insurance by age:
|Average Monthly Quote
Mercury car insurance discounts
Car insurance discounts can help reduce the overall cost of your policy. Many insurers offer discounts, including Mercury. Mercury offers an array of discounts, but it doesn’t provide specifics on the percentages of each discount or how to qualify. Availability may vary by state.
Learn more about the available discounts below.
Anti-theft: Drivers who install an alarm or other type of anti-theft device can benefit from lower premiums.
Good driver: If you have a clean driving record, you could earn a good driver discount.
Autopay: Mercury also offers a discount for setting up automatic premium payments.
Good student: You may be eligible for a good student discount if you’re enrolled in college and meet Mercury’s qualifying requirements.
Multi-policy: Bundling your policies, such as homeowners and auto coverage, with Mercury may also result in a discount.
Multi-car: Similarly, insuring multiple cars with the company could result in savings on your auto policy.
Pay-in-full: Those who pay for their annual coverage in full can access a lower rate.
E-signature: Drivers who opt in for e-signing their policy documents may also get a discount on their coverage.
See More: Car Insurance Discount Guide
Mercury Insurance bundling options
Bundling your policies is an effective way to reduce the cost of your auto insurance. Though the company doesn ’t specify how much you can save by bundling, Mercury offers the following bundling opportunities:
It may also allow you to bundle other policy combinations of home, auto, renters, and umbrella coverage.
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Mercury Insurance reviews and ratings
Mercury Insurance has been in business for more than 60 years, and customer reviews and ratings are widely available online. Unfortunately, Mercury earned low ratings across a number of popular review sites.
Mercury Insurance customer reviews
Customer feedback is mostly negative, though some people report positive experiences. Here’s what past and current policyholders have to say:
Mercury Insurance ratings
Here’s how Mercury is rated across popular review sites, as of February 2023:
Trustpilot: 2 out of 5 stars with 18 reviews
Better Business Bureau: 1.21 out of 5 stars across 53 reviews
Google Play: 4.3 out of 5 stars with 403 reviews
Apple App Store: 4.8 out of 5 stars with 501 reviews
Mercury Insurance vs. other insurance providers
Due to the crowded car insurance market, comparing coverage from multiple insurers can help you find affordable rates. Here’s how Mercury compares to other insurers.
Mercury Insurance vs. Amica
Amica, an established insurer that’s been in business for over a century, offers consumer and commercial policies and has a larger coverage reach than Mercury. Amica offers auto coverage in 49 states (excluding Hawaii).
While Mercury offers full-coverage policies for $235 per month on average, Amica’s full-coverage auto policies come with a higher price tag of around $490 per month. Liability-only coverage averages around $189 per month with Mercury, while Amica charges a monthly average of $313.
Mercury Insurance vs. GEICO
You’re likely familiar with GEICO as a company, but you might not be as familiar with its specific insurance offerings, which include auto, homeowners, renters, and business insurance. Unlike Mercury’s auto policies, GEICO offers auto coverage in all 50 states and Washington, D.C.
On average, GEICO’s full-coverage policies are cheaper than Mercury’s, with policyholders paying around $158 per month. Liability-only coverage from GEICO averages around $101 per month.
Mercury Insurance vs. Progressive
Progressive is one of the biggest insurers in the U.S. by market share. In addition to auto policies, Progressive also offers homeowners, renters, commercial insurance, and more. Drivers in all 50 states and Washington, D.C., can get auto coverage from Progressive.
Progressive’s average monthly rates for full-coverage insurance are comparable to Mercury’s. Progressive drivers pay around $230 for full coverage. Liability-only coverage with Progressive is slightly cheaper than what Mercury offers, with Progressive drivers paying just $149 per month on average.
More about Mercury Insurance
Mercury has been recognized by Forbes as one of the best insurance companies of 2022, as well as received accolades for its employment practices. It was also rated among the best employers for women in 2020 and the best mid-size employers of 2019.
What is Mercury Insurance RealDrive?
RealDrive, Mercury’s pay-per-mile coverage option, allows drivers who travel fewer miles to pay lower rates on their policies. If you sign up for RealDrive, you’ll not only benefit from a lower rate by driving less, but you’ll also get a 5% discount on your coverage.
Mercury Insurance pros and cons
When considering factors like coverage options, customer satisfaction, cost, and more, Mercury Insurance provides advantages and disadvantages to policyholders.
Competitive auto policy prices
Array of coverage options and discounts
Can get a quote for coverage online
Only available in 11 states
Availability of coverage options and discounts varies by state
Higher-than-average number of customer complaints
Filing an auto insurance claim with Mercury Insurance
You generally need to file an auto insurance claim after a car accident or when your car is damaged by vandalism or a weather event. When you file a claim, the insurance company will assess the damages and compensate you for a covered event.
If you’re a current Mercury policyholder, you can file a claim online or over the phone by calling 1 (800) 503-3724. Be ready to provide your information, policy details, and the other driver’s information, if applicable.
Mercury Insurance FAQs
If you’re still wondering whether an auto policy from Mercury is right for you, find some common questions and answers about the company.
Yes, Mercury Insurance is a legitimate, established insurance company that offers coverage in 11 states. However, the company did receive criticism in California in 2022 for violating consumer protection laws and charging illegal fees. Do your due diligence and compare policies from multiple providers before choosing this insurer.
On average, policyholders pay a monthly cost of $235 for a full-coverage auto policy from Mercury Insurance. Drivers who opt for liability-only coverage will pay an average of $189 per month. Remember that the cost of your insurance coverage will vary based on your state, coverage amount, age, driving history, and other factors.
In 2022, Mercury Insurance received an A (Excellent) financial strength rating from A.M. Best, an organization that assesses the financial health of insurance companies. This high rating indicates the company’s financial stability and ability to pay out claims.
Mercury Insurance could work for you if you live in one of the 11 states it serves and want a competitively priced policy. It could also work if you’re seeking rideshare coverage, mechanical breakdown protection, or a pay-per-mile option.
This company received a relatively high Insurify Composite Score of 81 out of 100. The ICS measures an insurer’s quality, reliability, and health. Ultimately, whether the provider matches your coverage needs depends on your unique situation.
When you opt for pay-per-mile insurance, you’ll pay a set monthly rate plus a rate based on the number of miles you drive. Generally, the fewer miles you drive, the less your insurance will cost. Mercury offers this type of coverage through its RealDrive program.
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Data scientists at Insurify analyzed more than 40 million real-time auto insurance rates from our partner providers across the United States to compile the car insurance quotes, statistics, and data visualizations displayed on this page. The car insurance data includes coverage analysis and details on drivers' vehicles, driving records, and demographic information. Quotes for Allstate, Farmers, GEICO, State Farm, and USAA are estimates based on Quadrant Information Service's database of auto insurance rates. With these insights, Insurify is able to offer drivers insight into how companies price their car insurance premiums.
- NAIC. "American Mercury Ins Co National Complaint Index Report." Accessed February 15, 2023
- Insurance Information Institute. "Auto Insurance Basics." Accessed February 15, 2023
- Mercury Insurance. "Auto Insurance Coverage." Accessed February 15, 2023
- Insurance Information Institute. "https://www.iii.org/article/what-determines-price-my-auto-insurance-policy." Accessed February 15, 2023