Mercury

The Car Insurance Guide

Overall Personalized Rating: 4.4/5 (Very Good)

Overall Personalized Rating: 4.4/5 (Very Good)

Summary

Mercury Insurance was founded in 1961 by a former WWII bomber navigator who then went on to get a math degree from Harvard. Mercury was a leader in heavily utilizing data such as driving experience and driving record in its underwriting to provide more competitive pricing for those it believed were lower risk. Mercury offers fairly standardized coverage options which often helps simplify the purchase process as well as reduce cost.

Key Benefits

  • Will cover a range of drivers, including currently uninsured drivers
  • Relatively straightforward insurance products that are competitively priced.
  • Discounts for multiple cars, insurance bundles, good grades

Ratings Summary

Ratings Highlights

Overall Rating
Our insurance agent survey respondents think Mercury is a good mix of price and service. Our pricing research found Mercury hard to generalize, with very competitive pricing in some geographic regions, but not very competitive pricing in others.
Pricing
Our insurance agent survey respondents report that Mercury's pricing is in the middle of the pack for auto insurance companies in terms of providing inexpensive rates. Our own pricing research found Mercury's pricing to be inconsistent. Some geographic regions had very competitive pricing, while other regions did not.
Handling Claims
Mercury was ranked in the middle of the pack by our auto insurance agent respondents in terms of handling claims.
Uninsured Drivers
Our insurance agent respondents ranked Mercury near the top for being a good choice for uninsured consumers. If you fall in this category, Mercury may be a great choice for you.
Young Drivers
Our auto Insurance agent respondents thought Mercury was a good choice when it came to young drivers and placed them in the top quartile of auto insurance companies for young drivers.
Bundling Auto with Other Insurance Types
Mercury was ranked in the middle of the pack by our auto insurance agent respondents in providing good bundled offers, such as home and auto.
Drivers with Tickets/Accidents
Mercury was ranked in the middle of the pack by our auto insurance agent respondents in terms of being a good choice for drivers with a less than perfect driving record.
Premium Driver
Mercury was ranked in the middle of the pack by our auto insurance agent respondents in terms of being a good choice for drivers with an untarnished driving record and better than average credit.

Company Background

Mercury sells insurance in 11 states (AZ, CA, FL, GA, IL, NV, NJ, NY, TX, VA) and is headquartered in Los Angeles. Mercury has assets in excess of $4 billion.

The Car Insurance Guide's Reviews Methodology

The Car Insurance Guide uses a proprietary algorithm to evaluate the car insurance options presented. Factors reviewed and rated include pricing, handling of claims, age of driver, bundling, and driver type. These factors are evaluated and scored to provide an overall score for the carrier as well as being individually assessed to provide a detailed review of the fit of the carrier to the driver. The data comes from research The Car Insurance Guide conducts as an invite-only annual survey and from interviews with car insurance agents. Insights from experts, those whose job it is to understand and recommend the best insurance companies for their clients, is invaluable. Use of The Car Insurance Guide's 2021 reviews by third parties without the express written consent of The Car Insurance Guide is strictly prohibited.