Mercury Car Insurance
About Mercury Insurance
In 1962, Mercury Insurance Group was created as a low cost alternative to larger insurance companies. The company was solely operating in California until 1990, when it began to expand throughout the nation. Today, Mercury Insurance provides insurance to individuals, families and businesses.
Mercury markets itself as a low cost insurance leader and originally sold insurance solely through third-party agencies and insurance brokers. This was the main pathway they used to market their local presence in every region they sell insurance, passing along to the customer some of the savings of not having its own sales force, as well as limiting its liability for agent errors. Mercury announced January 9, 2009 that they purchased AIS Management, LLC, which is the parent company of Auto Insurance Specialists, LLC, to Mercury General Corporation. AIS had been the largest brokerage selling Mercury Insurance. AIS and the remaining independent brokers are responsible for sales, initial underwriting, vehicle inspections, general customer service, some forms of billing and collections, endorsements, policy cancellations and other duties.
Although Mercury uses brokers to sell their insurance, Mercury then directly contacts applicants to verify the accuracy of information on the application, and determine rates where applicable.
Mercury Car Insurance Says
Mercury offers car policyholders a variety of types of coverage. These options include bodily injury liability, personal injury protection, property damage liability, comprehensive and collision. The company also offers mechanical breakdown coverage that can be used to obtain an extended warranty on a vehicle. Car insurance premium charges are dependent on age, gender, vehicle type, driving/claims history as well as an applicant's credit score. Discounts and payment plans are also available for eligible customers.
Contact Mercury at:
4484 Wilshire Boulevard
Los Angeles, California 90010
Telephone: (323) 937-1060
Sources: "Mercury Insurance Group,” Wikipedia, June 24, 2009; "Mercury General Corporation," Business.com web site, 2009; “Why Mercury,” Mercury Insurance web site, 2008