Live Insurance News

Why Mercury Insurance Is Not Backing Down From California’s Challenges

June 3, 2025 Nordstrom

Mercury Insurance: A California Staple Mercury Insurance is as California as it gets. With 86% of its business concentrated in the Golden State, the company has built its identity around serving this state. Founded in 1961, Mercury has grown into the sixth-largest private passenger auto insurer in California and has slowly become a major player in homeowners insurance. But here’s the twist: Mercury’s business is overwhelmingly tied to California. Risky? Maybe. But Mercury’s CEO, Gabriel Tirador, sees it as a strength. And for Californians, that’s a reassuring message. A 12%…

Consumer Watchdog says California Commissioner should stop Mercury’s insurance rate discrimination

July 22, 2022July 21, 2022 Logan B.

The group sent a signature-filled petition to Commissioner Lara regarding job-related premiums calculations. Consumer Watchdog has issued a letter containing a petition to California Insurance Commissioner Ricardo Lara, calling for him to reject insurer Mercury’s insurance rate discrimination practices. The group wants the commissioner to stop the proposed rate hike based on job- and education-related calculations. Mercury has proposed a $131 million hike to its total auto premiums, and Consumer Watchdog has called for Commissioner Lara to reject it as well as the insurance rate discrimination it says the insurer…

Mercury launches MercuryGo usage-based insurance app in Virginia

July 14, 2022July 13, 2022 Nordstrom

The insurer says that safe drivers in the state could save as much as 40 percent off their premiums. Mercury recently announced that it has rolled out its usage-based insurance app called MercuryGo throughout the Virginia market. The mobile app comes with a virtual driving coach to help drivers to save even more. The MercuryGo usage-based insurance app is available to drivers across Virginia. They can use it to learn how to improve their driving skills and how to navigate traffic safely. As they better their driving habits, it is…

California auto insurance claims 40 percent higher than pre-pandemic

October 18, 2021October 15, 2021 Marc

California Auto insurance - California sign

Mercury Insurance has reported the spike in its comprehensive car claims compared to pre-COVID-19. Comprehensive California auto insurance claims have taken off after a lull during the worst of the pandemic and have reached a point considerably higher than pre-COVID-19 levels. Vandals and thieves have been particularly active in recent months, driving claim numbers skywards. Mercury Insurance has observed this massive growth in California auto insurance claims when compared to pre-pandemic levels. Though the increase in vandalism and theft started with the lockdowns, they have grown even higher following the…

Mercury adds MercuryGO to Arizona auto insurance products

October 11, 2021October 8, 2021 Marc

Arizona auto insurance - Arizona pinpointed on a map

The insurer has been expanding its usage-based coverage app to let good driving habits lead to savings. Mercury has announced that it is taking its next steps into new states with its MercuryGO app, bringing it into the Arizona auto insurance market. The idea behind the app is to let a driver’s safe behaviors behind the wheel generate discounts. That said, beyond rewarding good drivers with lower Arizona auto insurance premiums, it also provides additional features. Those features are meant to help boost driver awareness of safer habits to help…

Luxury vehicle insurance prices vary widely among makes and models

August 30, 2021August 26, 2021 G. Turner

Luxury vehicle insurance - Audi autumn leaves

Mercury has released a list of the high-end sedans and SUVs that are the least expensive to insure. High end cars are known for their comfort and performance, but just because they come with a higher price tag doesn’t mean the owners want to pay more than they have to for luxury vehicle insurance. Mercury Insurance has assembled a list of the models in this category that have the most affordable coverage. Sales of cars and SUVs in more affordable categories fell substantially last year as a result of reduced…

Mercury releases list of SUV models for the cheapest auto insurance

August 20, 2021August 19, 2021 Logan B.

The insurer has identified the top sport utility vehicles for affordable policies. A major factor worth considering in the purchase of a new sports utility vehicle (SUV) is whether it will qualify for the cheapest auto insurance. Coverage is an ongoing cost that will continue for the entire lifespan of the vehicle. By taking premiums into consideration, even a slightly more expensive SUV that has the cheapest auto insurance could end up being the most affordable vehicle to own over its lifetime. Since SUVs are now notably more popular than…