Mercury Insurance (NYSE: MCY) is a multiple-line insurance carrier headquartered in Los Angeles, California. Founded in 1961 by George Joseph, Mercury offers personal auto, homeowners, renters and business insurance through a network of independent agents in 11 states.
Mercury provides standard auto insurance coverages like liability, collision, and comprehensive, as well as optional coverages such as roadside assistance and rideshare insurance. For homeowners, Mercury offers dwelling protection, personal property coverage, liability protection, and additional living expenses coverage. The company also provides specialty insurance products like mechanical protection insurance and umbrella policies.
As of December 2023, Mercury reported over USD 7.1 billion in total assets and employs more than 4,100 people. The company works with over 6,390 independent insurance agents across its operating states. Mercury has received an "A" (Excellent) financial strength rating from A.M. Best. In recent years, Mercury has been recognized by Forbes as one of America's Best Mid-Sized Employers and Best Insurance Companies. The company emphasizes competitive rates, especially for drivers with imperfect records, and offers various discounts including multi-policy, good driver, and usage-based insurance programs.
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