Benzinga | Jun 25, 2021 10:19AM EDT

Mercury Insurance Shares Quiet Following Announcement To Reduce Rates In Georgia, New Jersey

Mercury Insurance announced today that both its auto and homeowners insurance policyholders will see an average rate decrease of 5%. The reduction immediately applies to new customers beginning June 25 and policy renewals beginning August 14, and will save Mercury policyholders an average of $149 a year on auto insurance and $67 on homeowners insurance.

"We're happy to put money back in our Georgia customers' pockets," said Mercury Insurance Georgia Product Manager Sarah Wang. "Mercury Insurance is also focusing on helping coastal Georgia homeowners get the necessary coverage to repair and recover their homes after it's been damaged by covered perils, such as windstorms.

"Mercury Insurance is voluntarily reducing its rates to help consumers because we believe affordable insurance should be available for everyone."

Mercury operates through a network of 639 independent insurance agents in Georgia. Residents can also go to www.mercuryinsurance.com to get an auto or homeowners insurance quote.

"There are even more ways to save money with Mercury," said Wang. "In addition to the rate reduction, bundling home and auto insurance policies could save up to 14% on an auto policy."

Wang offers these tips when shopping for auto or homeowners insurance:

* Talk to a local Mercury agent. Our agents can help uncover additional savings and tailor a coverage package customized to meet your needs.

* Insurance can be complicated, so it's important to get expert advice from a professional local independent Mercury agent. They know the local area and can help you get the right coverage at the best possible price.

* Shop around to see what's out there. Your agent can help do this for you.

* Remember, price is only part of the equation. Be sure to select a company with a solid insurance shopping experience background that will help you protect your family and property when the unexpected happens. Mercury has earned A ratings from A.M. Best and Fitch, two of the industry's leading independent rating agencies. Reviews and customer testimonials are also important to consider. Mercury is top-ranked for shopping experience, according to the 2021 J.D. Power U.S. Insurance Digital Experience Study.

Mercury also offers insurance for Business Auto, Mechanical Protection, Ride-hailing, Condo, Renters, Home Cyber Protection, Home Systems Protection, Identity Management Services, Service Line Protection and Personal Umbrella in Georgia.





Mercury Insurance announced today that its homeowners insurance rates for New Jersey residents are being reduced by an average of 5.2% and when combined with a Mercury auto policy, the rate is reduced on average by 8.2%. The reduction immediately applies to new customers beginning June 25 and policy renewals beginning August 14.

"We're happy to help put money back in our New Jersey customers' pockets," said Mercury New Jersey Product Manager Sarah Wang. "We're also focusing on helping New Jersey homeowners receive deeper discounts for bundled policies and increasing homeowners insurance coverage for coastal residents.

"Mercury Insurance is voluntarily reducing its rates to help consumers because we believe affordable insurance should be available for everyone."

Mercury operates through a network of 485 independent insurance agents in New Jersey. Homeowners can also go to www.mercuryinsurance.com to get a quote.

"There are even more ways to save money," said Wang. "The rate reduction can be combined with other Mercury discounts like bundling home and auto insurance policies to receive up to 16% in additional savings."

Wang offers these tips when hopping for homeowners insurance:

* Talk to a local Mercury agent. Our agents can help uncover additional savings and tailor a coverage package customized to meet your needs.

* Insurance can be complicated, so it's important to get expert advice from a professional local independent Mercury agent. They know the local area and can help you get the right coverage at the best possible price.

* Remember, price is only part of the equation. Be sure to select a company with a solid insurance shopping experience background that will help you protect your family and property when the unexpected happens. Mercury has earned A ratings from A.M. Best and Fitch, two of the industry's leading independent rating agencies. Reviews and customer testimonials are also important to consider. Mercury ranked the highest in the 2021 J.D. Power U.S. Insurance Digital Experience StudySM.

Mercury offers insurance for Personal Auto, Mechanical Protection, Condo, Homeowners, Home Cyber Protection, Home Systems Protection, Identity Management Services, Renters and Service Line Protection in New Jersey.