- Our take
- Where is Mercury car insurance available?
- What does Mercury auto insurance cover?
- How does Mercury rank?
- How much is Mercury auto insurance?
- Mercury car insurance costs by state
- Mercury car insurance costs for teens
- Mercury car insurance costs for adults
- Mercury car insurance costs for seniors
- Mercury car insurance costs by driver profile
- Mercury auto insurance discounts
- Sources & Methodology
- What do people ask about Mercury?
Our take
Mercury has been in business since the 1960s, making it a newer company than many well-known insurers. However, it grew quickly and offers auto insurance policies in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas, and Virginia.
Mercury has a J.D. Power score of 848/1000 for claims satisfaction, which was near the bottom of the study and below the average of 878. However, Mercury has an AM Best Score of A, which shows an excellent ability to meet financial obligations such as paying out claims. Mercury’s National Association of Insurance Commissioners (NAIC) Complaint Index score, which is based on the number of complaints filed against them, is 0.84. Scores lower than 1.0 mean fewer complaints than expected based on market share.
In general, Mercury has a good reputation, but it also has higher-than-average rates, so it may not be the right choice if cost is your top priority.
Where is Mercury car insurance available?
Mercury car insurance is available in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas and Virginia.
| State |
|---|
| Arizona |
| California |
| Florida |
| Georgia |
| Illinois |
| Nevada |
| New Jersey |
| New York |
| Oklahoma |
| Texas |
| Virginia |
*Some state rates will vary based on the addition of a hurricane deductibleThe deductible is the amount you pay out of pocket for a covered loss when you file a claim. and may be much higher when included.
What does Mercury auto insurance cover?
Mercury offers a full range of car insurance policies to meet most drivers' needs, but it has fewer options than most competitors.
All primary car insurance coverage options are available:
- Liability
- Collision
- Comprehensive
- Personal injury protection (PIP) and medical payments (MedPay)
- Uninsured and underinsured motorist coverage
Additional coverage offerings:
- Rental reimbursement
- Roadside assistance
- Ride-hailing insurance
Offerings vary by state.
How does Mercury rank?
Mercury ranked 13th among the 15 carriers in the best car insurance companies of 2024. Mercury has solid customer satisfaction scores and third-party ratings from, AM Best and the NAIC, but its average annual premiumThe payment required for an insurance policy to remain in force. Auto insurance premiums are quoted for either 6-month or annual policy periods. is higher than the national average and it ranked below average with J.D. Power, which lowers its overall score.
Take a look at the table below to see how Mercury compares to a couple of its competitors.
| Company | AM Best | J.D. Power auto claims satisfaction | NAIC complaint ratio* | Average annual premium (out of 5) | Overall score |
|---|---|---|---|---|---|
| Mercury | A | 848 | 0.84 | 2.02 | 3.64 |
| Travelers | A++ | 871 | 0.49 | 4.62 | 4.62 |
| Erie | A+ | 902 | 0.61 | 5.0 | 4.67 |
| American Family | A | 882 | 1.1 | 4.22 | 4.01 |
*The lower a company’s score, the fewer the number of complaints filed with the NAIC. A score higher than 1.0 means it had a higher-than-average number of complaints.
How much is Mercury auto insurance?
Mercury’s rates are higher than the national average. The average cost of a full coverage policy for a 40-year-old driver with Mercury is $2,314. Compare that to Progressive, which has an annual average premium of $1,998, and State Farm, which has an average premium of $1,984.
The table below shows how they compare in terms of price. Premiums are based on 100/300/100 in coverage with $500 deductibles for a 40-year-old driver with a good driving record. Remember, prices vary depending on your age, where you live, and your driving record.
| Company | Average annual rate | Average monthly rate |
|---|---|---|
| Mercury | $2,314 | $199 |
| Progressive | $1,998 | $166 |
| American Family | $1,698 | $142 |
| State Farm | $1,984 | $165 |
Mercury car insurance costs by state
One of the biggest factors in how much you’ll pay for car insurance is where you live. Insurance companies look at your age, gender, driving record and also the weather, crime, traffic and claims patterns of your ZIP code.
The table below shows how much you’ll pay for a Mercury policy in a handful of states where Mercury offers coverage. Premiums are based on a 40-year-old driver.
Drivers will pay the most in Florida for a Mercury policy and will get the best deal in California. Higher premiums are often due in part to severe weather events like tornadoes, hurricanes and flooding as well as litigation costs.
| State | State minimum | Liability Only 50/100/50 | Full Coverage 100/300/100 |
|---|---|---|---|
| California | $458 | $766 | $2,031 |
| Florida | $1,020 | $2,007 | $3,358 |
| Georgia | $667 | $835 | $2,219 |
| Nevada | $631 | $1,018 | $2,156 |
| Oklahoma | $343 | $564 | $2,237 |
Mercury car insurance costs for teens
The average cost of insurance for a teenager with Mercury is $7,475 a year. Teenagers are the most expensive age group to insure because statistics show teens are involved in more accidents – including serious ones – than any other age group.
Take a look at the table below to see how much Mercury costs for auto insurance for teens compared to other age groups and other companies. Note that as you approach middle age, rates drop.
| Company | Teenage drivers aged 16-19 | Young adults aged 20-24 | 40-year-old adult |
|---|---|---|---|
| Mercury | $7,475 | $3,989 | $2,314 |
| Geico | $5,049 | $2,647 | $1,763 |
| State Farm | $5,368 | $3,179 | $1,984 |
| Nationwide | $5,285 | $2,556 | $1,548 |
Mercury car insurance costs for adults
Mercury premiums average $3,044 a year for a male and $2,936 a year for a female at age 25. At age 40, those rates go down to $2,302 a year for a male and $2,328 a year for a female.
Middle-aged adults will see a decline in insurance rates overall, with women starting to pay slightly more as they approach their 40s and 50s.
While rates can vary by insurance company, adults pay some of their cheapest rates around the age of 55 to 60.
Here’s what adults can expect to pay annually for full coverage car insurance with Mercury at various ages.
| Age | Average yearly premiums, male | Average yearly premiums, female |
|---|---|---|
| 25-year-old | $3,044 | $2,936 |
| 30-year-old | $2,590 | $2,492 |
| 35-year-old | $2,461 | $2,452 |
| 40-year-old | $2,302 | $2,328 |
| 45-year-old | $2,302 | $2,330 |
| 50-year-old | $2,167 | $2,130 |
| 55-year-old | $2,153 | $2,097 |
Mercury car insurance costs for seniors
At 60, Mercury’s average rate is $2,060 for males and $2,065 for females, which is over $850 less than what younger drivers pay.
Seniors start to see rates increase once they reach age 65. Insurance companies consider vision and hearing loss, slower reflexes and other health issues to play a part in older drivers being riskier to insure. This means higher prices. Senior women will play a little less than men.
Here’s a look at what seniors will pay annually with Mercury for a full coverage policy:
| Age | Average yearly premiums, male | Average yearly premiums, female |
|---|---|---|
| 60-year-old | $2,060 | $2,065 |
| 65-year-old | $2,128 | $2,102 |
| 70-year-old | $2,352 | $2,278 |
| 75-year-old | $2,700 | $2,524 |
Mercury car insurance costs by driver profile
You will pay less for car insurance if you have a good driving record. Speeding tickets, at-fault accidents and other moving violations all increase your rates. There are other factors that insurance companies look at, too, to determine your rates, such as your credit score.
The rates below show that Mercury charges the highest rates to those with poor credit.
| Clean record | Poor credit | Accident | Speeding ticket |
|---|---|---|---|
| $2,314 | $3,707 | $4,249 | $3,240 |
Mercury auto insurance discounts
Mercury’s prices are higher than the national average, so taking advantage of insurer discounts can help to offset the cost. Mercury offers a solid range of car insurance discounts, including:
- Anti-theft
- Autopay
- E-signature
- Good driver
- Good student
- Multi-car discount
- Muti-policy
- Pay in full
Sources & Methodology
Methodology:
Insurance.com editors in 2024 collected rates from Quadrant Information Services for a 40-year-old male and female driving a 2023 Honda Accord LX for state minimum coverage, liability only with 50/100/50 limits and a full coverage insurance policy with limits 100/300/100 and $500 comprehensive and collision deductible. Rates were gathered for multiple driving records and different credit levels. The rates presented are the average of rates for males and females. We analyzed 53,409,632 quotes, 34,588 ZIP codes and 170 insurance companies nationwide.
Sources:
Mercury Insurance. “Car Insurance.” Accessed January 2025
What do people ask about Mercury?
We’ve gathered some common questions about Mercury and answered them for you below.
Why did my Mercury car insurance rate go up?
In general, car insurance rates go up when you get a speeding ticket, have an accident or file a claimAn insurance claim is a request you make to your insurance company for coverage after your car is damaged or you have an accident. You can file a claim online, by phone, or in writing.. If you’ve moved to a new area where weather, traffic or crime patterns carry increased risk, this could translate to higher claims as well.
If your personal driving record has remained unchanged, chances are Mercury’s prices have increased because of higher claims costs overall.
Why is my Mercury auto insurance so expensive?
Every insurance company uses a set of statistics to assess risk factors when setting its rates. Mercury may weigh certain risk factors more heavily than others, resulting in different pricing than other carriers. Every carrierAn insurance carrier is the company that provides your car insurance policy and pays claims. also has a different cost of doing business depending on its state, size, and type of policies it provides.
Is Mercury a good auto insurance company?
Mercury has mostly good customer satisfaction and third-party ratings. That indicates that it’s a solid insurer with a good reputation. However, its prices are higher than the national average, so you need to weigh the pros and cons to see if Mercury is the right fit for your insurance needs.
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