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

Which is cheaper overall: GEICO or Mercury?

For full coverage with 100/300/100 in liability coverage and $500 deductibles for comprehensive and collision insurance, GEICO costs an average of $2,148. Mercury Insurance costs more at an average of $3,237.

GEICO costs an average of $439, while Mercury Insurance has average rates for state minimum coverage of $796.

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	$2,148	$439	$619
Mercury	$3,237	$796	$1,347

GEICO vs. Mercury: Which company is cheaper by age group?

GEICO has cheaper average rates for teen drivers at $6,112 per year, compared to Mercury Insurance with an average rate of $12,251.

Insurance companies weigh age-based risk data heavily when calculating rates. Rates reduce over time as drivers gain experience on the road..

For adults, $2,144 charges GEICO on average, while at Mercury Insurance the average rate for an adult is $3,304.

The takeaway: Teens often pay more than double what adults do, but there are companies with cheaper rates for teens, so take the time to compare quotes.

Age group	GEICO	Mercury
Teens	$6,112	$12,251
Young adults	$3,186	$5,405
Adults	$2,144	$3,304
Seniors	$2,196	$3,160

GEICO vs. Mercury: Which company is cheaper for high-risk drivers?

Mercury Insurance has the best rates for high-risk drivers. A high-risk driver is someone who has multiple speeding tickets, accidents or a serious offense like a DUI on their record. This can make it a challenge to find affordable auto insurance.

For the drivers with DUI, Mercury Insurance is cheaper, with average rates of $4,846.

Take a look at the table below for GEICO rates compared to Mercury rates.

Type of violation	GEICO	Mercury
1 At-fault property damage accident over $2K	$3,844	$6,004
1 At-fault property damage accident under $2K	$3,834	$5,989
At-fault bodily injury accident	$4,045	$5,842
Careless driving	$3,050	$4,977
DUI	$5,489	$4,846
Reckless driving	$4,421	$5,510
Speeding	$3,533	$4,546

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	$1,709	N/A
Alaska	$1,818	N/A
Arizona	$1,796	N/A
Arkansas	$1,871	N/A
California	$2,038	$2,782
Colorado	$2,249	N/A
Connecticut	$1,633	N/A
Delaware	$1,831	N/A
Florida	$2,865	$4,144
Georgia	$2,248	$3,495
Hawaii	$1,251	N/A
Idaho	$1,308	N/A
Illinois	$1,451	N/A
Indiana	$1,175	N/A
Iowa	$1,871	N/A
Kansas	$1,996	N/A
Kentucky	$2,259	N/A
Louisiana	$3,347	N/A
Maine	$1,441	N/A
Maryland	$1,545	N/A
Massachusetts	$1,817	N/A
Michigan	$1,827	N/A
Minnesota	$3,406	N/A
Mississippi	$2,637	N/A
Missouri	$1,861	N/A
Montana	$2,821	N/A
Nebraska	$2,859	N/A
Nevada	$2,769	$3,036
New Hampshire	$1,206	N/A
New Jersey	$2,487	N/A
New Mexico	$1,502	N/A
New York	$2,218	N/A
North Carolina	$3,233	N/A
North Dakota	$1,933	N/A
Ohio	$1,522	N/A
Oklahoma	$2,066	$2,871
Oregon	$1,993	N/A
Pennsylvania	$2,974	N/A
Rhode Island	$2,982	N/A
South Carolina	$2,417	N/A
South Dakota	$3,318	N/A
Tennessee	$1,673	N/A
Texas	$2,746	N/A
Utah	$1,397	N/A
Vermont	$1,582	N/A
Virginia	$1,581	N/A
Washington	$1,998	N/A
Washington, D.C.	$1,991	N/A
West Virginia	$1,934	N/A
Wisconsin	$1,376	N/A
Wyoming	$3,211	N/A

GEICO vs. Mercury: Which company offers better auto insurance discounts?

Discounts are a big draw for customers and can offer significant savings on your annual premiums. Below are some of the discounts GEICO and Mercury offer to their customers.

Discounts	GEICO	Mercury
Air bags	3%	N/A
Anti-theft device	1%	1%
Comp and coll deductibles	10%	6%
Daily commute	5%	N/A
Days advanced purchase	N/A	6%
Days per week driven	4%	N/A
Education	13%	N/A
Electronic Funds Transfer	N/A	4%
Electronic Signature	N/A	3%
Homeowner	9%	6%
Lower annual mileage	5%	9%
Loyalty	4%	6%
Marital status	7%	14%
Multi policy	6%	10%
Paperless/Electornic documents	N/A	2%
Payment type	16%	13%
Primary use	11%	N/A
Profession	9%	5%
Purhase Status	9%	N/A
Safety devices	2%	less than 1%
Telematics	10%	N/A
Years insured	15%	29%
Years Licensed	27%	N/A

Always be sure to ask about available discounts when you're shopping around for insurance to see what you may qualify for.

Bottom line: Should you choose GEICO or Mercury?

If rates are what matter most to you, GEICO may be the choice for you. However, we always recommend considering more than just rates to find the best car insurance for your needs and comparing quotes from multiple companies.

Consider company reputation and available coverages to make your decision, and be sure to compare quotes from multiple companies.

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:

Bodily injury liability of $100,000 per person and $300,000 per incident
Property damage liability of $100,000 per incident
Comprehensive and collision deductibles of $500
40-year-old driver
Honda Accord LX
Good credit
A clean driving record
12-mile commute, 10,000 annual mileage

Additional rate data is drawn based on:

Ages ranging from 16 to 75
Excellent, fair and poor credit
All available traffic violations
One or more at-fault accidents
All available year, make and model data

Rates were fielded by Quadrant Information Services, with more than 220 companies and 34,588 ZIP codes surveyed.

FAQ: Company comparison

How often should I compare auto insurance quotes?

You should compare auto insurance quotes at least once a year, or every time your policy renews.

Is it better to choose the cheapest insurer or the one with better customer service?

It's generally worth paying more for great customer service, but you should choose a carrierAn insurance carrier is the company that provides your car insurance policy and pays claims. that provides a balance between low rates and high customer satisfaction.