Mercury generally checks your driving record every 6 to 12 months, when you apply for a new policy or renew an existing one. Most car insurance companies tend to check less frequently if you have been their customer for a while, however, as they already have a sense of your driving habits.
Key Things to Know About Mercury Driving Record Checks
For new customers, Mercury will check your driving history to determine your insurance rates and how risky of a driver you are to insure. A recent at-fault accident or serious traffic violation could significantly raise your rates.
Once you are an existing customer, Mercury will run a check on your driving record at least a few weeks before your policy is set to expire. This allows Mercury to reassess your riskiness and determine your premium.
Mercury gets your driving record from your state’s DMV or LexisNexis, and they check the past 3 years for accidents and moving violations.
If you were cited for a moving violation or got into an accident mid-policy, your rates will not change until your next renewal.
If your driving record has any new violations since Mercury last checked, your rates will likely increase. For example, Mercury insurance premiums will increase by an average of 77% after an accident, and by 29% after a speeding ticket.
If your Mercury insurance rates recently increased because of an accident or a moving violation on your driving record, you can look for discounts from Mercury to help lower your rates, consider increasing your deductible, or potentially trade in your car for one that is cheaper to insure. You should also compare quotes from other companies to see if you could get cheaper rates by switching insurers.
No, Mercury does not have accident forgiveness. As a result, Mercury car insurance customers should expect their rates to go up by around 80% after an at-fault accident, even if it’s their first one. If you are looking for a policy with accident forgiveness, it can be purchased from most major car insurance companies.
Best Car Insurance Companies for Accident Forgiveness
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 caused,...
Insurance companies get driving records directly from state DMVs or LexisNexis. When buying auto insurance, you agree to let car insurance companies check your official driving record for past moving violations and your CLUE report for past auto insurance claims.
Records That Insurance Companies Check
Your driving record, also known as your Motor Vehicle Record (MVR), generally contains information about your driver’s license, moving violations, DUI convictions, and completed defensive driving courses....
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by WalletHub. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.