Mercury General Corporation

Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance in the United States. The company also writes homeowners, commercial automobile, commercial property, mechanical protection, and umbrella insurance products. Its automobile insurance products include collision, property damage, bodily injury, comprehensive, personal injury protection, underinsured and uninsured motorist, and other hazards; and homeowners insurance products comprise dwelling, liability, personal property, fire, and other hazards. The company sells its policies through a network of independent agents and insurance agencies, as well as directly through internet sales portals in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas, and Virginia. Mercury General Corporation was founded in 1961 and is headquartered in Los Angeles, California.

Mercury Car Insurance

At Mercury, we have been guided by our purpose to help people reduce risk and overcome unexpected events for more than 60 years. We are one team with a common goal to help other others. Everyone needs insurance and we can’t imagine a world without it.

Our team will encourage you to grow, make time to have fun, and work together to make great things happen. We are an award-winning company, and we owe that to our amazing team!

We care about our people, and we mean it. We reward our talented professionals with a competitive salary, bonus potential, and a variety of benefits to help our team members reach their health, retirement, and professional goals.

Mercury was founded in 1961 by George Joseph, Mercury’s Founder and Chairman. Back in the 50s, everyone paid the same rate, regardless of their driving record. Joseph decided he could create a new system by developing an insurance company that used different factors to create fair and equitable rates for a variety of drivers. 

“We called our company Mercury, because I wanted us to be fast and nimble, just like the Roman God of business and merchants,” says Joseph. “He was also responsible for delivering good news to people on Earth, which is exactly what we do for Mercury customers every day.”

We, Mercury Insurance (NYSE-MCY), are a leading independent broker and agency writer of automobile insurance in California and one of the fastest growing automobile insurers in the nation. We were ranked as the fourth largest private passenger automobile insurer in California, with over $4.5 billion in total assets, 4,500 team members, and 8,000 independent agents. 

We started by providing comprehensive coverage options for auto and expanded our offerings into home, condo, renters, and business insurance, as well as mechanical protection. We operate through a network of local, independent agents in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas and Virginia. 

Mercury Insurance

Heidi became a valuable member of our Mercury Team in September 2023, bringing with her a passion for innovation and a commitment to enhancing our operational excellence. She shares, “I’m excited to be part of a team that values innovation and continually evolves its operational practices." Join us in extending a warm welcome to Heidi at Mercury!
 
If you're eager to join our dynamic team, explore current career opportunities at MCY.CAREERS. #MercuryInsurance #GrowWithUs #JobOpportunities #Innovation #Tech

Mercury Insurance is on a mission to continue building a diverse team, and we're on the lookout for talented individuals to join our family. Join Mercury Insurance to embark on a rewarding career journey. If you or someone you know is interested, explore MCY.CAREERS and be part of something extraordinary. #MercuryInsurance #CareerOpportunities #GrowWithUs #ShapeTheFuture

“One of the most important aspects of ownership that needs to be considered is the cost of insuring an EV. This cost can make up a significant portion of owning one and Mercury provides an EV discount in most of the states it operates in.” -Mercury Insurance Director of Product Management R&D Chong Gao

NYSE:MCY

Mercury Insurance

Last Close

56.66

26/07 20:00

Market Cap

2.92B

Beta: 0.61

Volume Today

164.66K

Avg: 310.85K

PE Ratio

−20.81

PFCF: 8.20

Dividend Yield

3.32%

Payout:−69.06%

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