Yes, Mercury has a teacher discount of up to 17% off car insurance premiums. The Mercury teacher discount is available to any educator, and customers do not need to belong to a certain professional organization or work for a certain school to qualify.
For more information about saving on your Mercury car insurance premium, check out WalletHub’s complete guide to Mercury discounts.
Yes, Mercury has a multi-car discount. To qualify for the Mercury multi-car discount, a customer must insure more than one vehicle on the same Mercury auto insurance policy. The discount automatically applies to a qualifying Mercury policy, but it does not compound, meaning you won’t get a bigger discount for insuring more vehicles.… read full answer
In addition to Mercury’s multi-car discount, the company offers other ways for customers to save money on their premiums, such as the multi-policy discount, good driver discount, and anti-theft feature discount, among others. For more information, check out the complete list of Mercury discounts. And if you’re unsure whether a discount that you qualify for is being applied to your policy, you can contact Mercury by calling 1 (800) 503-3724.
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.… read full answer
How to Lower the Cost of Car Insurance from Mercury
Use Mercury’s auto insurance discounts
Mercury offers a wide variety of discounts that can help you lower your overall car insurance bill. For example, drivers can get a discount of up to 15% if their policy covers a college or high school student who maintains at least a 3.0 GPA . Or you can save you bundle your home, condo, or renters policy with a Mercury auto policy on your premium if you bundle your home, condo, or renters policy with a Mercury auto policy.
Raise your car insurance deductible
Opting for a higher deductible on any of your insurance policies from Mercury can lower your premium. But if you decide to go this route, it’s important that you choose a deductible amount that you can still afford if you suddenly need to file a claim. Otherwise, you might not be able to use the coverage that you have.
Less coverage usually means lower premiums, but it could also lead to higher costs in the long run, so it’s important to approach coverage decisions with caution.
Improve your driving record
Practicing save driving habits and avoiding moving violations can help you qualify for lower Mercury insurance rates long-term. You may also be able to attend traffic school in order to remove a violation or points from your record, depending on your state.
Build and improve your credit
Because your credit history is correlated with your likelihood of filing an insurance claim, Mercury uses your credit data to calculate your premium in states where it is legal. As a result, having good credit makes you less of an insurance risk, which will reduce your rates over time.
Whether you can shorten your commute to work, use more public transportation, or even ride a bicycle more, driving fewer miles each year could lower your Mercury premium.
Drive an insurance-friendly car
Expensive cars, sports cars, and cars with high rates of theft are considered to be riskier to insure than cheaper, more practical vehicles. Before you buy a new car, get a new quote from Mercury to see how it will affect your rate. If the cost is out of your budget, then you should probably choose a different car.
Sign up for MercuryGO
MercuryGO, the Mercury telematics program only available to drivers in Texas, rewards you for good driving with a discounted premium. Specifically, MercuryGO tracks miles driven, trip duration, rates of acceleration, vehicle speed, hard braking, and phone usage. By using MercuryGO, drivers can save up to 40% on their rate.
Finally, if you’re still struggling to afford your Mercury policy, you should consider switching insurers. Even if you’re not actively looking for a new policy, it’s generally a good idea to compare quotes from three different companies every 6-12 months. To learn more, check out WalletHub’s guide to switching car insurance companies.
To get a Mercury affiliation discount, you must be a member of an affiliated professional association or work in a qualifying occupation. Eligible professions include government employees, teachers, and public safety professionals, though qualifying occupations and discount amounts vary by state.
Examples of Groups Eligible for Mercury Affiliation Discounts
California Society of Certified Public Accountants (CalCPA) members
California Medical Association members
Mercury Insurance does not publish its complete list of associated groups and professions, so this list is just a sample. To see if you belong to a qualifying occupation or professional group, you can call Mercury at (800) 503-3724.
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