Mercury Insurance Reviews: Is it Legit or Scam?

Talking about a smart insurance company, there’s no single sporty insurance company for everyone because everyone’s essentials and wants are different. One of the easiest ways to determine if an organization could be a good fit for you is to first make a listing of what you wish and need out of a company.

The means of indemnity against a future occurrence of an uncertain event is known as insurance. As it is with every company, trust and satisfaction of customers are the top priority which is the same with Mercury insurance.

As technology becomes the order of the day through the achievement of tasks in the fastest way possible, the only way for individuals to reduce the cost of maintenance and repair and to curb the burden of loss is through opt-in to insurance. It is for this same purpose that Mercury car insurance was set up. Mercury insurance reviews took a step to update and assure customers about its credibility and integrity.

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About Mercury Insurance

Founded in 1961, Mercury insurance believes in providing quality insurance coverage at affordable prices to its various customers in different regions. This organization sells other products such as auto, home, renters, and businesses as part of their services in addition to mechanical breakdown insurance.

Mercury insurance company makes its products in most of states via a network of thousands of agents. It also sells full coverage car insurance for an average annual rate of $1,558; this means that its customers are in direct contact with a live agent, and this will create reliability and trust in their various subscribers. So if you are looking for basic insurance coverage at a competitive price, this company could be your first option.

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Is Mercury a reputable company?

The company was at one time in the year 2013 named one of the most reliable companies in America by Forbes, and from 2017 to 2020, it was ranked as one of the leading auto insurance companies.

Who owns Mercury Insurance?

In general, Mercury as a company is a multiple-line insurance organization that offers personal automobiles to individuals and organizations, including homeowners, renters, and businesses. It was established in 1961, having its Headquarters at 4484 Wilshire Boulevard, Los Angeles, California. The key people include Gabe Tirador, CEO and President, and George Joseph, Founder, and Chairman.

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What Is The Best Cost Implication of Mercury Insurance Cancellation?

Mercury does charge a cancellation fee if you request a cancellation before your policy term is up. This is typically 10 percent of the unused amount of your policy, but it’s a good idea to check the details of your policy or contact your insurance agent to confirm.

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Can Mercury Insurance Policy Be Modified?

In most instances, you can decide to change your coverage options even in the period. Mercury insurance customers can request a change through their agent or through our Customer Portal.

What Type Of Coverage Is Insured By Mercury Insurance?

This organization offers relatively standard car insurance coverage options, including:

1. Protection against liability

Liability coverage pays for the injuries and damages you cause to others in an at-fault accident.

2. Protection against collision

This covers damage to your vehicle incurred as a result of a covered collision, regardless of fault.

3. Comprehensive coverage

This covers damage to your vehicle incurred as a result of numerous scenarios, including hitting an animal, theft, and storm damage.

4. Payment for Medical occurrences

This coverage is designed to pay for medical expenses as a result of a covered accident, regardless of fault. Medical payment coverage is not available in all states.

5. Personal injury protection

Also known as PIP, this coverage is designed to pay for medical costs and other expenses as a result of a covered accident, regardless of fault. PIP is not available in all states.

6. Rental car coverage

Rental car coverage helps cover the cost of a rental car after a covered loss. Ride-hailing insurance: Depending on the state you live in, this option can cover you when you have your ridesharing app on but have not yet accepted a customer.

7. Road-use assistance

This option covers towing, flat tire change, battery jump-start, emergency fuel, and fluid delivery, and locksmith services.

8. Uninsured motorists and underinsured motorists

These coverages cover bodily injury if you are hit by a driver with no coverage or without enough coverage to pay for your expenses. Depending on the state you live in, you may also be able to purchase uninsured motorist property damage. Mercury’s average routine home insurance prize is $614 for in-dwelling content.

This is far lower than the civil average cost of homeowners insurance, which is per period for the same things. The low average premium could be due in part to the sparse nature of Mercury’s contents.

Many home insurance companies offer more voluntary content than Mercury. Adding optional coverages generally increases your decoration, so having fewer endorsements could contribute to lower average honors.

Pros and Cons of Mercury Insurance


It’s a fact that Mercury automobile insurance doesn’t forgive a nonchalant attitude, they’ve some advantages, such as having Rideshare insurance available additional than the expected number of complaints about home insurance.

They also have additional homeowners coverages available, like cyber content if you’re a victim of an online attack in terms of Mercury home insurance.


What you have in insurance about a property doesn’t mean you use it without care. Mercury doesn’t forgive if you don’t take care of business. That’s what you get with a low-cost insurer.

Make sure to update your vehicles if they have been changed and add car owners added as soon as possible. Other companies might be full of grace, but Mercury auto insurance is not so major.

What Is The Cost of Mercury Car Insurance?

Mercury’s average rates are slightly lower when compared to the national average cost of car insurance. Mercury’s minimum coverage costs $553 per year on average, compared to the national average annual premium of $565. Similarly, Mercury’s full coverage costs an average of $1,558 per year, while the national average full coverage premium is $1,674.

However, auto insurance companies base rates on various factors. The price you pay could be more or less than these averages.

Average annual premium for minimum coverageAverage annual premium for full coverage


In addition to its slightly below-average rates, Mercury Insurance offers discounts to enable you to maximize your savings:

  • Anti-theft feature
  • Auto pay
  • E-signature
  • Good driver
  • Good student
  • Multi-car
  • Multi-policy
  • Pay in full

Not all these discounts are available in all ten states where Mercury operates. A local Mercury agent can help you determine which discounts you may qualify for, or you can fill out a quote form online and receive your discounts automatically.

Frequently Asked Questions (FAQs)

What is Smart Insurance?

SMART, which stands for Small Motor Accident Repair Technology, is a policy designed to assist in the maintenance of the appearance of your vehicle as at the time it was bought.

How do I file a claim with Mercury?

You can call your native agent, or you can call Mercury directly at 1-800-503-3724 If you need to file a claim with Mercury. Mercury doesn’t offer online claim documents. You’ll need your name, policy number, and details about your claim.

What’s Mercury Insurance’s grace period?

Mercury motorcar insurance has a grace period of 9 days for payments. During the grace period, policyholders can pay their yesteryear-due distinction in order to avoid a lapse in coverage. However, Mercury will cancel the policy, If the grace period ends without the necessary payment being made.

How can I get lower rates with Mercury?

Taking advantage of as many discounts as possible could help you lower your car or home insurance award with Mercury. Again, if you increase your deductible, you’ll probably see your rate decrease. Your deductible is the amount you’ll pay out of resources if you file a claim. You’ll presumably want to choose a deductible that you can considerately afford to pay so that you aren’t financially stressed if you do file a claim.

How long do you have to add a new automobile to your insurance policy, Mercury?

This is also another grace period granted by Mercury auto insurance for a period of 30 days for new cars. This means that existing clients have 30 days to officially add a new motor to their insurance policy and purchase any more things that they may need. During that grace period, the new bus will be automatically covered by the existing policy.


Mercury car insurance has had measurable achievements and has maintained its integrity and customer service satisfaction. In addition, Mercury insures other properties at an affordable price. This gives it an edge over other insurance companies, hence giving its customers the confidence to insure their properties and still have their peace.


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