Which insurance provider is right for you? Compare cost, products, and quotes from Liberty Mutual and Mercury.
Liberty Mutual Group is a global insurer and the fourth-largest property and casualty insurer in the U.S, ranking 68th on Fortune 100 list of the largest corporations in the U.S. The company has assets of more than $100 billion. Today the group employs over 50,000 people in over 900 locations around the globe, including 45 U.S. states. Liberty Mutual formed on July 1, 1912, as Massachusetts Employees Insurance Association (MEIA) and emerged after state law began to require that employers carry protection for their employees.
George Joseph founded Mercury General Corporation in Los Angeles with a promise to provide more affordable rates than other carriers and the best customer service in the industry. The first policy was sold in 1962 when the company had only six employees and 90 agents. Two years later Mercury Insurance opened an office in Orange County, CA. In 1966 they opened their first office in the San Fernando Valley and a year later earned an A+ rating from A.M. Best. They continued expanding in southern California with an office opening in San Diego. In 1968 Mercury established a holding company, then acquired shares of Mercury Casualty Company and made it a wholly-owned subsidiary of Mercury General Corp. They then moved into their newly opened San Jose office. In 1970, Mercury wrote $1 million in premiums in one month and grew to employ 467 agents. In 1972 they sold their first homeowners policy. In 1973 Mercury formed a subsidiary for underwriting preferred risk, thereby increasing business using a 34-page manual written by the company’s founder. In 1974, Mercury opened its first Sacramento office and by 1977, Mercury Insurance becomes the largest insurance subsidiary, producing over $1 billion in premiums by 2011. In 1978, Mercury established a Special Investigations Unit (SIU) to fight insurance fraud.
Below is a list of the average rates that drivers typically pay with Liberty Mutual and Mercury. On average, Liberty Mutual charges approximately $313.14 per month while Mercury comes in at around $167.28 per month. For Liberty Mutual, the cheapest state average is California at $0.00 per month and the most expensive is Michigan at $549.97 per month. For Mercury, the cheapest state average is Illinois at $125.42 per month and the most expensive is New Jersey at $240.92 per month.
Drivers will typically get a discount if they insure multiple vehicles. Here is a list of average rates that Liberty Mutual and Mercury typically charge for drivers who have more than 1 vehicle.
|Number of Vehicles||Liberty Mutual||Mercury|
Drivers who own their home rather than rent can sometimes get a small discount. We found that on average Liberty Mutual charges $288.28 per month and Mercury charges $166.44 per month for customers who own their home.
Which car insurance company is better? We've made it easy to compare companies side by side. See how Liberty Mutual and Mercury ranked among the industry ratings.
|A.M. Best Rating||a|
|JD Power Ranking||About Average||Average|
|NAIC Complaint Ratio||4.55|
What coverage is available through Liberty Mutual and Mercury? Both insurance companies offer Auto, Commercial, Condo, Home, Renters, and Umbrella insurance. Additional products from Liberty Mutual insurance also includes Health, Pet, and RV insurance. Considering these two top insurance providers? Check out the list below. To view a full list of products that are available, visit Liberty Mutual and Mercury Insurance page.
Mercury offers a wide range of discounts to its policyholders, including Auto Pay, E-signature, and Good Driver discounts. In contrast, Liberty Mutual also offers a few discounts that Mercury doesn’t, including Violation Free, Student-Away-at-School, and Righttrack telematics device discount discounts. Start taking advantage of discounts offered by insurance providers like Mercury and Liberty Mutual insurance and save yourself some money. You can review the full list of discounts that these two companies offer below.
|Accident Free Discount||Anti-theft Feature Discount|
|Advanced Safety Features Discount||Auto Pay Discount|
|Alternative Energy Discount||E-signature Discount|
|Anti-Theft Device Discount||Good Driver Discount|
|Bundle Discounts||Good Student Discount|
|Early Shopper Discount||Multi-car Discount|
|Good Student Discount||Multi-policy Discount|
|Homeowner Discount||Occupational Discount|
|Military Discount||Pay-in-Full Discount|
|Online Purchase Discounts|
|Paperless Policy Discount|
|Preferred Payment Discount|
|Righttrack telematics device discount|
|Violation Free Discount|
The Liberty Mutual app is available for iOS and Android. This insurance concierge is where you can report accidents or update personal information24/7.
The Mercury Mobile app is available for android. This insurance tool is where you can manage payments, view auto policy information, download ID cards and more.
|Liberty Mutual Mobile App|
|iTunes||4.8||26.6K user reviews|
|Google Play||4.2||3.8K user reviews|
|Mercury Mobile App|
|Android||2.7||200 user reviews|
|Liberty Mutual Contact Info|
|Address||175 Berkeley Street, Boston, Massachusetts|
|Phone||1 (888) 398-8924|
|Mercury Contact Info|
|Address||4484 Wilshire Boulevard Los Angeles, California|
|Phone||1 (800) 503-3724|
The statistics listed on this page are from our own in house reporting. We track and record quotes that carriers have provided based on various criteria. The rates and averages shown on this page should only be used as an estimate.
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