Does Mercury have a multi-car discount?

You can get a Mercury good student discount if you have at least a B average or a 3.0 GPA. Student drivers can save around 10-15% as long as they are 16-25 years old and a full time high school or college student. Students can also qualify by being ranked in the top 20% of their class or if they are included in the Dean's List, Honor Roll, or another school list designating scholastic achievement.… read full answer

Young drivers are usually quite expensive to insure since they lack driving experience. However, Mercury offers a good student discount because having good grades shows the insurer that you are responsible off the road, meaning you’re more likely to be responsible in the driver’s seat as well.

Mercury good student discounts vary by state, but it’s always worth the effort of checking if they are available in your location.

Mercury is so cheap because the company offers a wide variety of discounts that almost anyone can get. A minimum coverage policy from Mercury costs an average of $56 per month, and Mercury premiums can be made even cheaper by taking advantage of discounts such as paid-in-full discount and anti-theft device discount. Plus, Mercury rewards customer loyalty with discounts for insuring more than one car and bundling multiple policies, such as home and auto.… read full answer

Average Monthly Rates for Mercury vs. Top Competitors

Note: Premiums are representative of a 45-year-old good driver in CA; individual premiums will vary.

Your final premium is based on a variety of factors, though, such as your driving record, insurance history, and more. Every insurance company determines their rates differently, so even though Mercury is among the cheapest car insurance companies, the only way to confirm you’ve found the lowest price is to compare quotes from multiple companies.

To learn more, check out WalletHub’s review of Mercury and see Mercury’s full profile.

You can get a LoJack insurance discount in most states by telling your insurer that you have LoJack and asking for an anti-theft device discount. LoJack discounts usually range from 5% to 25% off your comprehensive coverage, varying by state and company.

LoJack is a technology that emits a certain radio frequency when activated by law enforcement, which helps police recover your car if it’s stolen. As a result, having LoJack can qualify you for an anti-theft discount because your insurer is less likely to have to pay for a stolen car.… read full answer

Major Companies with Anti-Theft Discounts

• State Farm
• Geico
• USAA
• Liberty Mutual
• Farmers
• Nationwide

While these companies advertise anti-theft discounts on their websites, they do not specify a particular type of anti-theft device needed to qualify. However, LoJack is likely to count. For example, New Jersey requires all insurers to provide discounts to drivers whose cars have certain anti-theft devices, and the state specifically includes vehicle recovery systems that communicate with the police on the list of eligible devices.

In the past, Progressive has offered specific LoJack discounts and even rebate programs, which refund the customer for a portion of the cost of installing LoJack. So if you’re thinking about getting LoJack and have Progressive, it’s worth keeping an eye out for special incentives.

Regardless of the insurance savings, LoJack can be a smart purchase, especially if you live in a high-risk area or your car is particularly attractive to thieves.