Mercury Insurance

Mercury Insurance Information

Everything you need to know — and more

Mercury Insurance

The Ford Motor Company introduced the Mercury model in 1938 as a mid-range vehicle between the Ford and Lincoln brands. In 2010, Ford ceased production of the Mercury line in order to concentrate on its other two brands. Whether your car is new or old, you still need adequate car insurance

Not sure where to look? 

To use a tool that will find you the best insurance solution in your area, click here for the find-an-agent tool to get matched up with a local independent insurance agent who will help you find the best price on coverage for your Mercury. 

What Kind of Insurance Do You Need for Your Mercury? 

A good insurance policy protects you from the financial effects of an accident, whether you or another driver is at fault. Some states require specific insurance coverage and other policies are optional. Your insurance agent can talk with you about required and optional coverage.

Most states require this coverage: 

  •  Bodily injury liability: If you cause an accident that results in injury to other drivers, pedestrians, or your passengers, bodily injury liability will cover medical expenses and lost wages for covered incidents. 
  •  Property damage liability: While property damage liability won't pay for repairs to your Mercury, it will cover the cost of replacing or repairing a vehicle, structure, or building that is damaged in an accident. 

Many states also require this coverage: 

Medical payments/Personal injury protection: If you reside in a "no-fault" state that requires you to file a claim for every accident whether you were at fault or not, you have to purchase a personal injury protection (PIP) policy. It pays accident-related medical expenses incurred by you or your passengers. If you can't get PIP coverage in your state, you can choose medical payments coverage to provide a similar amount of coverage. 

Uninsured motorist coverage: Even though car insurance is required by the law, not everyone on the road is properly insured. Getting in an accident with an uninsured or underinsured motorist means you're stuck paying for your injuries and damage to your Mercury on your own. Uninsured and underinsured motorist coverage handles those costs for you. 

Optional coverage: 

Collision insurance: With collision insurance, your insurance company will pay to replace or repair your Mercury if there's an accident. This type of policy doesn't cover theft, hail damage, damage to someone else's property, or medical costs. 

Comprehensive insurance: For the things that are not covered under your collision policy, there's comprehensive coverage. For this reason, it's also referred to as "other than collision." If you were to run into a deer or have a tree branch fall on your car, comprehensive coverage pays for the damage minus your deductible. 

Glass coverage: Glass coverage is a zero-deductible policy that you can add on to your policy. When you have glass coverage, any rock chips or broken glass replacement are fully covered by your insurance company. This type of coverage typically costs just a few dollars each month.

What Affects the Cost of Insurance for Your Mercury?

Your age, driving record, the model and age of your Mercury, and the vehicle's safety ratings are just a few of the factors that insurance companies use to set premiums for your Mercury car insurance rates

Average cost of a Mercury insurance policy

In the United States, a Mercury driver who is a 40-year-old male with a clean driving record pays an average of $1,370 per year for a full-coverage insurance policy with a $500 deductible. Those rates may be higher or lower for a teen driver, high-risk driver, or someone who chooses a high deductible. 

Mercury vehicle annual insurance rate averages
Teen driver: $5,052
High-risk driver: $2,954
Policy with low deductibles: $1,738
Average rate: $1,370
Policy with high deductibles: $1,178

The safety of your Mercury

Safety ratings help set auto insurance rates as they give the insurance company an idea of how likely you are to file a claim and how your car would hold up in an accident. Vehicles equipped with more safety features make for a lower premium. Those that fare well in crash tests administered by the Insurance Institute for Highway Safety (IIHS) and the National Highway Safety Traffic Administration (NHSTA) also have slightly lower premiums. 

Even though the Mercury has not been produced for nearly ten years, the older models still receive "good" rankings from the IIHS. This is the organization's highest ranking. Several models also received Top Safety Pick rankings from IIHS when the vehicles were being produced. 

How location affects your Mercury insurance

Depending on where you live, you may pay higher insurance rates. Residents of these states have the highest average auto insurance rates in the country: 

Yearly average insurance rates for residents
Michigan  $2,380
Louisiana $2,030
Kentucky $1,870
Rhode Island $1,828
Florida $1,714
Texas $1,650
Nevada $1,644
Mississippi $1,640
California $1,560
Delaware $1,552

Average Cost of Mercury Insurance by Model

Fortunately, for Mercury drivers, a large factor of auto insurance cost is the retail value of your vehicle. Since Mercury's stopped being made a long time ago, none of the models are extremely expensive vehicles. Mercury has an average annual premium of $1,370. 

Changing your deductible will also affect your insurance rates. 

Mercury Model Average Cost Annual Premium
Mercury Grand Marquis $1,005-$3,068 $1,342
Mercury Mariner $5,625 - $6,600 $1,292
Mercury Milan $5,225 - $6,800 $1,322
Mercury Mountaineer $5,225 - $6,800 $1,398

Your agent can help you decide how to balance your deductible and your insurance premium so it fits into your budget and aligns with your financial goals. 

car

Save on Car Insurance

Our independent agents shop around to find you the best coverage.

Top Independent Insurance Carriers That Insure the Mercury

The insurance company you choose has a lot to do with how satisfied you'll be over time with your coverage. You'll need a reliable and responsive company with a great reputation. The US Independent Insurance Agent Satisfaction Study by J.D. Power gave these four companies great reviews:

  1. Progressive
  2. Safeco
  3. Travelers
  4. Auto-Owners Insurance

Obtaining Mercury Insurance

If you have completed your research and found the vehicle you want, you are now ready to finish negotiating and make the purchase. But before you drive off the lot, be sure you have the proper Mercury car insurance.

If you contact an independent agent, you will have access to professional service and multiple quotes. An independent agent in the TrustedChoice.com network can help you find the insurance plan that is right for you and your budget.

Share this page on Twitter Share this page on Facebook Share this page on LinkedIn