Mercury Insurance has announced that it is cutting auto insurance rates for Arizona drivers by an average of 5%. The reduced rate will immediately apply to new customers and policy renewals effective last Friday, and will save Mercury policyholders an average of $84 per year.
“For nearly 60 years, Mercury has been providing best-in-class auto protection and great rates,” said Tom Coyne, auto line lead at Mercury Insurance. “We’re voluntarily reducing rates to put nearly three quarters of a million dollars back in the pockets of our customers because great insurance at an affordable price should be available to everyone.”
The rate reduction applies to all Mercury auto insurance customers who get private passenger automobile liability, comprehensive, or collision coverage.
Read more: Mercury Insurance launches programs for Californians at risk from wildfires
Mercury operates through a network of 371 independent agents in Arizona. Drivers can also get a quote through the company’s website.
“There are even more ways to save money with Mercury,” Coyne said. “The rate reduction can also be combined with other discounts like accident free, multi-policy and our Auto+Home discount that could save customers up to 30% more. The savings can add up to a lot of money.”
Mercury also offers homeowners and business auto insurance in Arizona.