Mercury Insurance Can Help Auto Insurance Customers Boost Their Savings Accounts

Consumers who are looking for ways to save money after the holidays should shop around for auto insurance.

News provided by

Mercury Insurance

Dec 28, 2020, 12:00 ET

LOS ANGELES, Dec. 28, 2020 /PRNewswire-PRWeb/ -- Saving money is a common financial goal for many American households. Some save to set aside for their children's education, for a nice vacation, to purchase a home, for retirement or just to have in case of an emergency.

Emergency funds have been cast into the national spotlight as the COVID-19 pandemic forced many businesses to shut down operations and many workers were laid off as shelter-in-place orders were enacted across the country to curb the continued spread of the disease. Mercury Insurance recently polled U.S. homeowners and renters, and found that 36% of survey respondents don't have adequate savings to support their families for six months in the event of an emergency. An easy way to help boost your savings that many people overlook is to shop around for a better deal on car insurance, which only 25% said they plan to do this year.

Californians, for example, can save an average of $670 on auto insurance if they switch to Mercury, according to the state's Department of Insurance. If you're a customer of one of the following companies, you could be overpaying by an average of:

  • $1,154 for Liberty Mutual
  • $1,013 for State Farm
  • $842 for Nationwide
  • $797 for Allstate
  • $772 for Farmers
  • $563 for Esurance
  • $550 for Geico
  • $161 for Travelers

There are several additional reasons to choose Mercury for your auto insurance, including a dedicated local agent to customize the right coverage just for you, bundling discounts and valuable resources to help prepare your family and property for life's unforeseen events, but don't just take our word for it. An Insure.com survey of auto insurance customers has rated Mercury a "Best Auto Insurance Company" for four consecutive years.

Your search for new auto insurance can stop with us. Speak to a local Mercury Insurance agent to learn more about how we can save you money.

Note: This article was originally published on Mercury Insurance's blog.

Media Contact

Wendi Sheridan, PCG, 424-903-3644, [email protected]

SOURCE Mercury Insurance