Mercury Insurance

Overview

While Mercury Insurance is known for providing great rates on automobile insurance policies, some of the other insurance that they offer tends to have higher premiums and more limited discounts. Bundling policies together can help you save money on each plan and get lower rates overall if you are considering getting multiple policies from Mercury Insurance. In terms of automobile insurance, Mercury Insurance is a low-cost automobile insurance company that can be a good choice for younger drivers and people who are looking for mechanical breakdown insurance.

The company is not one of the better companies in terms of paying claims quickly and efficiently, so if this is something that you are concerned with, take note. Particularly for people who are looking for the least expensive premiums, Mercury Insurance can be a good choice. The mixed reviews regarding customer service scare some people away, but other people are happy with the prices that are provided and are willing to take the extra time on the phone if an accident occurs. For people who are comfortable writing these things off, Mercury Insurance could be a good choice. They are not available in every state, only offering automobile insurance to people in Arizona, California, Florida, Georgia, Illinois, New Jersey, Nevada, New York, Oklahoma, Texas, and Virginia. For people in these 11 states, Mercury Insurance is an option.

The Specs

The customer service that Mercury Insurance offers is considered spotty, which is affirmed by the J.D. Power rankings that it gets. Its financial strength is good, with A.M. Best Rating Services giving it an A+ for financial strength. This is the second highest possible rating available from this service.

The company offers some discounts, but because of their already low rates they do not offer many. Discounts are available for multiple policies, multiple vehicles, good students, e-signature, bundling policies, and antitheft devices.

Auto Insurance Coverages

Mercury Auto Insurance does not offer the large amounts of insurance coverage types other companies do. Each state that the company services may also have different coverage options available, meaning that you will need to contact them to get pricing and coverage availability.

Mercury does offer mechanical protection add-ons to their policies, which is a type of coverage that many other automobile insurance providers do not offer. Mercury Mechanical Protection is an optional add-on that essentially extends the warranty on your car. It covers part failures that can occur to your vehicle, such as problems with your transmission. There are several levels of this coverage offered, and the coverage can save drivers thousands of dollars if their vehicle ends up needing costly repairs shortly after its warranty expires. This coverage from Mercury Insurance does not have a limit to the number of claims policyholders can make that qualify.

Mercury Insurance offers traditional coverage like liability coverage, collision coverage, comprehensive coverage, medical payments insurance, personal injury protection, and uninsured and underinsured motorist coverage.

Auto Insurance Discounts

Mercury Insurance policies do not have one of the longer lists of discounts out there, but their quotes are often so low that they are still hard to beat in terms of price. If the price is the most significant factor that you need to focus on, Mercury Insurance is a low-cost option. Discounts Mercury Insurance offers include multi-policy, multi-car, e-signature, homeowner insurance bundle, antitheft discount, and good student discount.