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In 1962, Mercury started offering insurance but stated that they would always keep their prices competitive by using careful underwriting, strict cost control and efficient claims management. Because of those policies, Mercury managed to have affordable, competitive insurance rates and satisfied customers. Through their network of independent agents, more than 300,000 drivers switched to Mercury automobile insurance last year alone. Mercury offers its trademark low rates on a number of different types of insurance policies.
Mercury Insurance is headquartered in Los Angeles and is the leading independent broker and agency writer for automobile insurance in the state of California. It is now one of the fastest growing insurance agencies in the nation and is ranked as the third largest private passenger auto insurance company in California. Its total assets have been listed at $4 billion dollars. Mercury does insurance writing in, Arizona, Florida, Georgia, Illinois, Michigan, Nevada, New Jersey, New York, Oklahoma, Pennsylvania, Texas and Virginia. Along with selling auto insurance, Mercury writes other insurance policy types in many states including: homeowners, mechanical breakdown, renters, personal umbrella, commercial auto and commercial property.
Mercury Insurance has over 4500 local, independent brokers and have been named the Most Trustworthy Company by Forbes.com. The have been ranked at A+ by AM Best as well as AA- by Standard and Poor’s. Along with the 4500 independent brokers, there are over 1000 in the state of California alone.
For over forty years, Mercury Insurance has managed to maintain its policy of careful underwriting and strict cost control to keep their insurance rates low and competitive. As they continue to grow and expand, they have never lost sight of the main purpose for their company which is to provide excellent policies at low rates to their customers.