Mercury Insurance New Group Discounts (2024)

FAQs

Does Mercury Insurance give a discount for Costco members? ›

Costco/Sam's Club Members - A reduction in BI, PD, UMBI, Medical, Comprehensive and Collision premiums is available if the insured is a member of Costco or Sam's Club. Pilots - A reduction in BI, PD, UMBI, Medical, Comprehensive and Collision premiums is available if the insured is a pilot.

Mercury is the cheapest overall mid-size insurance company in California, according to our research, offering rates at an average of $558 per year for minimum coverage and $1,748 per year for full coverage.

RealDrive from Mercury Insurance is a great option for California drivers who want their rate to be based upon the miles they drive. That's right, you'll only pay for the miles you drive when you sign up for RealDrive!

Mercury earned 4 stars out of 5 for overall performance. NerdWallet's ratings are determined by our editorial team. The scoring formula takes into account consumer experience, complaint data from the National Association of Insurance Commissioners and financial strength ratings.

Costco offers $20 to $40 of credit to some new members. To qualify, you must be a college student, teacher, medical professional, first responder, government employee, or military member.

Is There A Costco Employee Discount? Costco does not offer exclusive discounts on its in-store products or online purchases for their staff. Fortunately, there are generous discounts on other offerings like turkey, healthcare, or traveling.

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 $86 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.

Mercury is owned by its shareholders, as it is a publicly traded company.

While Mercury does not offer a military discount, specifically, the company does offer a wide variety of other discounts that can help drivers save money. To learn more, check out WalletHub's Mercury review. This answer was first published on 04/28/23.

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.

Is Allstate better than Mercury? ›

Mercury Insurance. Allstate is better than Mercury overall, per WalletHub's grading criteria. Allstate received 2.9 out of 5 stars from WalletHub editors, whereas Mercury received 3.7 out of 5 stars.

Mercury General Corporation (NYSE: MCY) is the leading independent agency writer of automobile and home insurance in California, and is also ranked as the sixth largest private passenger automobile insurer in California overall with total assets of more than $7.1+ billion.

Auto and homeowners insurance policies offered at Costco are underwritten by CONNECT by American Family, while life insurance policies are handled by Protective Life.

Costco car insurance is cheaper on average, coming in at $534 for a six-month policy versus the national average of $880. Remember that this is subject to a variety of factors so your rates may well be different.

Does Costco have a Government Employees community discount? Yes, Costco has a Government Employees discount!