Everyone in 48 states need to buy car insurance policy by law, many lenders will aks you to add Comprehensive coverage option when buying a new car. In this article, we're going to talk about Mercury Inurance and their comprehensive car insurance cost, what it covers and what not.
What is Mercury Insurance Comprehensive Car Coverage?
Mercury Insurance is a California-based company since 1961, and they have over 9,000 agents in the country. When we talk about Mercury's comprehensive car insurance we're talking about cheap rates for good drivers in California. Their comprehensive car insurance protect your car against the acts of God like fire, flood, earthquakes, hails, or hurricanes among others. It also protects your vehicle against vandalism or theft, and the damages to other people's property, as well as injuries to yourself or other people involved in the incident.
How Much Does Mercury Comprehensive Car Insurance Cost?
The cost of Mercury Comprehensive Car Insurance varies depending on several factors. Some these factors are your age, your driving record, your zip code (someone who live in Los Angeles won’t pay the same than someone who live in Saint Hellena), and the car’s make and movel you drive. On average, the cost of Mercury Insurance comprehensive coverage for a 35-year-old driver with a clean record, driving a Subaru Outback is $147.75.
What Does Mercury Comprehensive Car Insurance Cover?
The Comprehensive Coverage from Mercury Insurance will protect your vehicle for many possible scenarios in our daily life. This is what their comprehensive coveage will protect for you:
Theft: If your car is stolen, Mercury Comprehensive Car Insurance will cover the cost of the car up to its actual cash value, minus your deductible.
Vandalism: If your car is vandalized, Mercury Comprehensive Car Insurance will cover the cost of repairs up to its actual cash value, minus your deductible.
Fire: If your car is damaged by fire, Mercury Comprehensive Car Insurance will cover the cost of repairs up to its actual cash value, minus your deductible.
Weather-related damages: If your car is damaged by weather-related incidents, such as hail or flooding, Mercury Comprehensive Car Insurance will cover the cost of repairs up to its actual cash value, minus your deductible.
Property damage liability: If you are at fault in an accident that causes damage to someone else's property, Mercury Comprehensive Car Insurance will cover the cost of repairs or replacement up to your policy limits.
Bodily injury liability: If you are at fault in an accident that causes injuries to other people, Mercury Comprehensive Car Insurance will cover their medical expenses, lost wages, and other related costs up to your policy limits.
How Does Mercury Comprehensive Car Insurance is Compared to Other Options?
Mercury is the cheapest car insurance company for good drivers in California, now let’s focus on what difference their comrehensive car insurance from other well-known car insurance:
Geico: Geico offers comprehensive coverage that is similar to Mercury's policy. However, Geico has more discounts available, so it may be a more affordable option for some drivers.
State Farm: State Farm also offers comprehensive coverage that is similar to Mercury's policy. However, State Farm has a better customer satisfaction rating, according to J.D. Power's 2021 U.S. Auto Insurance Study.
Progressive: Progressive offers comprehensive coverage that is similar to Mercury's policy. However, Progressive has more features, such as accident forgiveness and pet injury coverage, that may be appealing to some drivers.
What factors will affect on Mercury Insurance’s Comprehensive Coverage?
Driving Records: Being a good driver or not will greatly affect on your comprehensive car insurance rates, in fact, we can compare the same 35-year-old driver driving a Subaru Outback above’s quote: having a DUI will pay $250 per month and the same driver will pay $147.75 per month with a clean record. So the best you can do is being a safe driver, this way you will save a lot of money.
Your car's make and model: definitely your vehicle’s make and model will affect your premiums from Mercury, is not the same driving a Subaru Outback that is less likely to theft and its safety devices than a Ford Mustang or a Dodge Challenger. The more expensive your car is, the more you will have to pay to fix it, and so its replace parts.
Your zip code: This is another car insurance rate's factor. Let's explain it this way: any car insurer will always check the amount of drivers in the city or town you live, the more vehicles running in the same city than you drive will generate more chances you suffer an accident (not talking about the I-405 that is where most car accidents happens right now), in a nut-shell, someone who live in Los Angeles will pay way more than someone who live in Saint Hellena.
Age and gender: Stadistically male drivers pay 12% more for a car insurance policy than females. Teen drivers will also pay more than a 50-year-old driver who has more driving experience.
Credit score: Someone with an excellent credit score will save up to 15% on the comprehensive car insurance, in the other hand, poor credit score drivers are likely to file more claims, so they tend to pay more for their car insurance.
Deductibles: Choosing a higher deductible can lower your insurance premiums, this way Mercury Insurance (or any other car insurer) knows you won’t file claims so lightly. So if you’re a good driver, and you have never filed a claim, you may consider to increase your deductibles.
Discoutns: Mercury Insurance offers a variety of discounts that can lower your insurance premiums. These include safe driver discounts, multi-car discounts, pay-in-full, autopay, e-signaure, and anti-theft discounts.
FAQs
Q: How much does Mercury comprehensive car insurance cost?
A: The cost of Mercury comprehensive car insurance can vary based on a variety of factors, including your driving record, vehicle type, location, age, gender, credit score, deductible, and available discounts. It's best to get a quote from Mercury Insurance to find out how much your specific coverage will cost.
Q: Does Mercury Insurance offer accident forgiveness?
A: Yes, Mercury Insurance offers accident forgiveness, which means that your first accident won't result in a rate increase.
Q: What discounts does Mercury Insurance offer?
A: Mercury Insurance offers a variety of discounts, including safe driver discounts, multi-car discounts, and anti-theft discounts. Additionally, you may be eligible for discounts based on your occupation, education level, or membership in certain organizations.
Q: Can I lower my Mercury comprehensive car insurance premiums by choosing a higher deductible?
A: Yes, choosing a higher deductible can lower your insurance premiums.
Q: Does my credit score affect my Mercury comprehensive car insurance rates?
A: Yes, drivers with excellent credit score won’t file claims so lightly, so they will pay less for their comprehensive car insurance from Mercury.
Conclusion:
Many factos will affect on your comprehensive car insurance coverage from Mercury Insurance like your driving records, your age/gender, your vehicle's make and model, or your zip code. On average, a 35-year-old driver with a clean record driving will pay $147.75 per month. You may also apply on many discounts offered by Mercury Insurance such as safe driver discounts, multi-car discounts, pay-in-full, autopay, e-signaure, and anti-theft discounts.
Other readers were also interested in some of the following posts:
How Much is Progressive Comprehensive Car Insurance?
How Much is The Hartford Comprehensive Car Insurance?
How much is Nationwide comprehensive car insurance cost?
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