Catherine C Ford, Writer
@catherine_ford_1
Yes, Mercury lets you pay late, as long as you make a payment within a certain time frame after your bill's due date, though the exact number of days depends on your state. Mercury also charges a late fee, but the price of the fee can vary by state, as well.
Once the due date for your bill has passed, Mercury will send a notice of cancellation by mail or email. This cancellation notice will include a final date by which your bill has to be paid before your policy is canceled.
Key Things to Know About Mercury's Payment Policies
- You can make payments by calling 800-503-3724, online using Mercury's payment portal, mailing a check or money order to Mercury Insurance Group, or using the Mercury mobile app.
- You can set up automatic payments with Mercury.
- Mercury charges a fee for late payments, and the price can vary by state.
- Mercury is required by law to send you a notice before they cancel your policy.
- Mercury offers discounts if you enroll in autopay or pay your premium in full up front.
If the cost of your car insurance payments is an issue, there are several things you can do to reduce your premium. You can shop around with other companies for a cheaper quote, reduce your current coverage if possible, and ask your insurer about any discounts that you might be eligible for.
For more information about saving money on car insurance, check out WalletHub's guide on how to lower your car insurance costs.
People also ask
How much does Mercury car insurance cost?
Mercury car insurance costs an average of $1,032 per year ($86 per month) for a minimum-coverage policy, which is less than the national average of $720 per year. The exact cost of auto insurance with Mercury depends on factors such as a driver's history on the road, age, state, and coverage limits. For example, full coverage insurance from Mercury costs an average of $3,365 per year.
Average Cost of Mercury Car Insurance by Category
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Why is Mercury so expensive?
Mercury is so expensive because car insurance is expensive in general, due to rising costs for insurers. But at $604 per year, the average Mercury car insurance policy is actually cheaper than coverage from most competitors. In fact, Mercury is one of the cheapest car insurance companies nationally.
Even though Mercury offers cheaper-than-average rates, its premiums can get expensive for drivers with certain characteristics. For example, teenagers pay an average of $1,848 per year for Mercury insurance, compared to $604 per year for...
read full answer by Candace Baker, Car Insurance WriterHow 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?
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