GEICO vs. Mercury: Which offers the cheapest auto insurance rates?

GEICO vs. Mercury: Which one is the cheapest?

GEICO state minimum coverage costs an average of $405 annually, while Mercury costs $607.

For full coverage with 100/300/100 in liability coverage and $500 deductibles for comprehensive and collision insurance, GEICO costs an average of $1,763. Mercury costs more at an average of $2,314.

It's always a good idea to shop around for quotes, however, because prices and coverage vary from state to state and depend on your individual situation.

Company	Average annual rate for full coverage	Average annual rate for state minimum coverage	Average annual premium for liability-only (50/100/50) car insurance
GEICO	$1,763	$405	$560
Mercury	$2,314	$607	$975

GEICO vs. Mercury: Rates by age group

For teens—one of the most expensive age groups to insure–GEICO has the lowest rates at $5,049 per year. Mercury costs more, averaging $7,475 for a teen driver.

Age is a major factor in calculating insurance rates. Companies look at speeding and accident trends as well as distracted driving statistics. Teen drivers are one of the riskiest – and therefore most expensive – age groups to insure. Rates drop as you get older.

For example, adults pay an average of $1,776 at GEICO, while at Mercury the average rate for an adult is $2,369.

Age group	GEICO	Mercury
Teens	$5,049	$7,475
Young adults	$2,647	$3,989
Adults	$1,776	$2,369
Seniors	$1,787	$2,344

GEICO vs. Mercury: Rates for high-risk drivers

Mercury has the lowest rates for high-risk drivers. A high-risk driver is someone with several speeding tickets, accidents or a serious offense like a DUI on their record. This can make it hard to get affordable car insurance.

For drivers with a DUI, Mercury is more affordable, with average rates of $3,463.

Check the table below to see how GEICO rates compare to Mercury rates.

Type of violation	GEICO	Mercury
1 At-fault property damage accident over $2K	$3,155	$4,292
1 At-fault property damage accident under $2K	$3,147	$4,280
At-fault bodily injury accident	$3,320	$4,176
Careless driving	$2,447	$3,558
DUI	$4,504	$3,463
Reckless driving	$3,628	$3,938
Speeding	$2,831	$3,240

GEICO vs. Mercury: Rates in your state

Insurance rates vary from state to state. Companies use information from your ZIP code, like weather, crime and traffic patterns, to calculate the risk. The table below shows where you'll find the cheapest rates for GEICO and Mercury. Remember, always shop around for multiple quotes as prices will ultimately be determined by your personal situation and driving record in addition to your location.

State	GEICO	Mercury
Alabama	$1,625	N/A
Alaska	$1,338	N/A
Arizona	$1,312	N/A
Arkansas	$1,794	N/A
California	$1,919	$2,031
Colorado	$1,445	N/A
Connecticut	$1,242	N/A
Delaware	$1,695	N/A
Florida	$2,214	$3,358
Georgia	$2,072	$2,219
Hawaii	$1,184	N/A
Idaho	$1,174	N/A
Illinois	$1,178	N/A
Indiana	$986	N/A
Iowa	$1,716	N/A
Kansas	$1,622	N/A
Kentucky	$2,106	N/A
Louisiana	$2,983	N/A
Maine	$1,228	N/A
Maryland	$1,262	N/A
Massachusetts	$1,269	N/A
Michigan	$1,553	N/A
Minnesota	$2,495	N/A
Mississippi	$2,210	N/A
Missouri	$3,217	N/A
Montana	$2,382	N/A
Nebraska	$2,372	N/A
Nevada	$1,708	$2,156
New Hampshire	$1,212	N/A
New Jersey	$1,563	N/A
New Mexico	$1,406	N/A
New York	$1,736	N/A
North Carolina	$1,617	N/A
North Dakota	$1,773	N/A
Ohio	$1,373	N/A
Oklahoma	$1,820	$2,237
Oregon	$1,683	N/A
Pennsylvania	$2,308	N/A
Rhode Island	$2,292	N/A
South Carolina	$2,054	N/A
South Dakota	$2,384	N/A
Tennessee	$1,565	N/A
Texas	$1,644	N/A
Utah	$1,325	N/A
Vermont	$1,276	N/A
Virginia	$1,382	N/A
Washington	$1,171	N/A
Washington, D.C.	$1,408	N/A
West Virginia	$2,248	N/A
Wisconsin	$1,195	N/A
Wyoming	$2,514	N/A

GEICO vs. Mercury: Which offers better discounts?

Discounts matter to insurance customers and can significantly lower yearly costs. Below are some discounts GEICO and Mercury offer their customers.

Discounts	Mercury	GEICO
Lower annual mileage	9%	5%
Purchase status	N/A	9%
Loyalty	8%	3%
Marital status	12%	7%
Multi policy	10%	7%
Homeowner	7%	12%
Daily commute	N/A	6%
Profession	6%	10%
Electronic funds transfer	5%	N/A
Days advanced purchase	5%	N/A
Electronic signature	3%	N/A
Air bags	N/A	2%
Paperless/electornic documents	2%	N/A
Safety devices	1%	2%
Payment type	13%	16%
Education	N/A	12%
Telematics	N/A	10%
Anti-theft device	1%	1%

Always ask about discounts when comparing insurance options to see what you might qualify for.

GEICO vs. Mercury: The bottom line

Both GEICO and Mercury are good insurance companies, but if cheaper rates are your top priority, GEICO might be the best option for you. Still, it's a good idea to look at more than just price and compare quotes from different companies to find the best car insurance for your needs.

Methodology

National and state average rates are based on three coverage levels: state minimum, 50/100/50 liability-only, and full coverage with 100/300/100 liability and $500 deductibles.

Unless otherwise indicated, averages are based on our full coverage data set. This data set is based on: