WalletHub, Financial Company
@WalletHub
Yes, Mercury insurance rates are competitive, as the company is one of the 10 cheapest auto insurers nationally, according to WalletHub analysis. Mercury car insurance customers pay an average of $604 per year for coverage. Mercury's car insurance rates are based on your driving record and experience, along with factors like the type of car you drive, your ZIP code, your insurance history, and more. Your coverage and deductible choices also impact your final quote, as does your eligibility for discounts.
Mercury Car Insurance Rates vs. Popular Competitors
Company | Average Cost of Minimum Coverage |
| Mercury | $604 per year |
$462 per year | |
$718 per year | |
$549 per year | |
$781 per year |
Note: Rates are an approximation based on a 45-year-old driver in California. Actual rates will vary. For more information, check out the methodology section of our Mercury car insurance review.
Other Factors That Make Mercury Insurance Competitive
- Mercury offers 9 auto insurance discounts.
- Mercury offers 9 different types of insurance.
- Mercury customer service representatives are available 24/7.
To learn more, read WalletHub's complete review of Mercury.
People also ask
How much does insurance go up after an accident with Mercury?
Mercury insurance rates go up by an average of 80% after an accident. Even though an accident will cause Mercury to raise your car insurance premium when you renew your policy, the added cost will only be temporary. An accident will usually affect your Mercury premium for just 3-5 years.
The exact amount that Mercury premiums go up after an accident depends on a few factors, including who was at fault, how much damage was...
read full answer by WalletHub, Financial CompanyWhen does car insurance go down?
The cost of car insurance typically goes down the most between the ages of 18 and 19, when rates drop by about 30% on average. Car insurance premiums generally continue to go down each year until age 25, when rates begin to level off for the next few decades. When drivers turn 25 years old, they can expect a discount of about 14%.
When Car Insurance Rates Go Down the Most
| ... | Average Rate | Change from Previous Age |
How can I lower my Mercury car insurance?
You can lower your Mercury car insurance costs by taking advantage of Mercury discounts, opting for a higher deductible, and reducing your coverage, among other things. Mercury considers a variety of factors when calculating your premium, though some – like your age and location – are out of your control. Fortunately, you can take steps to influence other factors in order to lower your rate.
How to Lower the Cost of Car Insurance from...
read full answer by Candace Baker, Car Insurance WriterDid we answer your question?
Important Disclosures
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers. For full transparency, here is a list of our current advertisers.
Advertisers compensate WalletHub when you click on a link, or your application is approved, or your account is opened. Advertising impacts how and where offers appear on this site (including, for example, the order in which they appear and their prevalence). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.
Advertising enables WalletHub to provide you proprietary tools, services, and content at no charge. Advertising does not impact WalletHub's editorial content including our best picks, reviews, ratings and opinions. Those are completely independent and not provided, commissioned, or endorsed by any company, as our editors follow a strict editorial policy.