Grange vs. Mercury: Which Company is the Best Fit for You?

Quick Facts

• Looking at the national averages for car insurance, Grange offers less expensive rates than Mercury
• Grange offers more affordable premiums for policyholders who live in the suburbs
• Mercury tends to be a much more affordable option for policyholders who live in rural neighborhoods

Grange or Mercury: Which Company has the Cheapest Car Insurance?

Are you in the market for a new insurance policy? With so many ads from all sorts of companies offering hefty savings, you're probably wondering exactly how much you might be able to save.

You've maybe even narrowed your search down to Grange or Mercury, but which one has cheaper prices for insurance?

Looking at nationwide averages, Mercury has average rates that are around 16% a month more expensive than those from Grange.

Even so, that doesn't mean Grange will necessarily be more affordable than Mercury for each driver. Auto insurance carriers use a variety of complex algorithms to determine rates, so depending on how good your credit score is or how clean your driving record is (among a multitude of other factors), you could see wildly different prices from the ones above.

So, if you want to find out which of Grange or Mercury is really the best for you, keep reading to see average premiums for each company broken down by multiple different rate factors.

Grange vs. Mercury: Average Car Insurance Rates by State

Grange and Mercury only compete against each other in one states, with Mercury offering cheaper rates to the average driver in all of them. California has the most noticable difference, where Mercury premiums are $12 less expensive than car insurance rates at Grange.

But there's more to calculating auto insurance prices than just the state you live in. Continue reading to learn more about how other variables will affect your rates.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- generally pay a lot for car insurance compared to older drivers. It's because teen drivers are statistically much more likely to get into an accident that results in an auto insurance claim, making them much riskier to insure.

But that doesn't mean that teen drivers have to just accept sky-high insurance premiums. As you can see above, teens who use Grange save almost 25% per month compared to those who use Mercury.

However, both companies will drop rates once you turn 25. Mercury offers the steepest reduction, with 25-year-olds paying less than a third of what 18-year-old drivers are charged. That being said, Grange still has the most affordable prices at $205 monthly.

Which is the Best Company for Retired Drivers?

Drivers around retirement age typically enjoy some of the lowest auto insurance rates you can find. After all, they've likely been driving for quite some time, which usually reduces their chances of collisions and other infractions that can raise prices.

But who has the best premiums for retired drivers between Grange and Mercury? Grange gets the slight edge, with prices for drivers 65 and older nearly 10% more affordable than the national average for Mercury.

Which is the Best Company for Married Drivers?

Those who are single tend to get offered slightly more expensive car insurance premiums than married couples. That's because policies for married policyholders normally cover more than one vehicle, which several carriers will give you a discount for.

For single policyholders, the difference in average rates between these two companies is significant, with Grange prices coming in at a quarter less than Mercury's. It's not quite so glaring for married drivers, where drivers who use Grange save about $15 a month.

Grange or Mercury: Average Rates by Gender

Men are statistically more likely than women to get pulled over for speeding or get into a collision, which means they'll generally end up paying more for insurance than women.

Men normally pay around 5% more per month than women with Grange, and about 5% with Mercury.

Looking at the data for each carrier specifically, Grange comes out on top for both men and women. On average, women save about $45 a month and men save around $47 with Grange compared to the average Mercury policyholder.

Grange vs. Mercury: Compare State Minimum vs. Full Coverage Rates

*State minimum value indicates liability-only policies at each state's minimum bodily injury and property damage (BI/PD) limits

**Full coverage indicates state minimum BI/PD limits with collision and comprehensive coverages added to policy.

For most people, car insurance isn't the easiest topic to understand. Everyone needs insurance, but there are so many different limits and terms that it can be hard to find the right policy for you.

That being said, most policies end up falling into two different types of coverage -- liability coverage (which covers the other party's injuries and property damage if you cause an accident) and full coverage (which includes two additional coverages -- collision and comprehensive -- alongside liability coverage).

When it comes to state minimum liability insurance, Mercury has the edge, while Grange offers the cheapest average premiums for full coverage policies with similar coverage limits. Policyholders looking for basic state minimum coverage can save around $1 with Mercury Insurance, while full coverage comes out to be about $95 cheaper with Grange Insurance.

Is Grange or Mercury Better for Drivers with Spotty Records?

It's no secret -- drivers with good records end up getting the best deals on their auto insurance. But that's not to say you can't save money if you don't have the best driving record, either.

It's no secret secret that speeding tickets and accidents lead to higher rates, but which company -- Grange or Mercury -- has the most affordable premiums for drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Drivers who use Grange for their insurance can typically expect their monthly bill to go up around 23% after getting a speeding ticket. Mercury policyholders can expect a less drastic increase of about 19%.

However, Grange has less expensive prices for drivers in both categories, offering rates that are 24% and 20% cheaper, respectively, compared to Mercury Insurance.

Which Company is Best for Drivers After an Accident?

After an accident, drivers who have their auto insurance through Grange can expect to see around an $86 -- or about 32% -- rise in their car insurance prices. Drivers who use Mercury for their insurance will see a monthly bill around $109 (or 32%) more expensive after reporting a collision to their auto insurance carrier.

At the end of the day, drivers who use Grange end up with the cheaper prices after an accident, with average rates coming in at $266 compared to Mercury Insurance's $346.

Which Company is Best for Drivers with a DUI?

If you get a DUI charge on your record, it's probably going to cost you more than a simple ticket or even an accident. For example, Grange increases average premiums by nearly $150 per month -- that's nearly a 45% increase.

How does Credit Score Impact Grange and Mercury Rates?

Did you know many car insurance carriers take your credit score into account when determining prices? This isn't true for everyone (Massachusetts, for example, has banned the use of credit score as a car insurance factor) but it will come into play for quite a few policyholders.

The reasoning auto insurance companies use is that drivers with good credit will be more likely to pay their bills on time; so they'll reward them with cheaper premiums, while those with poor credit will usually be forced to pay more.

So, which company offers the lowest rates for policyholders with good, average, or poor credit?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

Is Grange or Mercury Better for Drivers who Work from Home or Have Short Commutes?

Did you know that the amount of time you spend in your car have a substantial impact on how much insurance carriers will charge for coverage? Generally, those who drive fewer miles will end up with less expensive premiums since there's less of a chance of causing a collision and filing an insurance claim.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Mercury charges. However, there's a small difference in monthly prices for Grange, with policyholders who drive the least paying about $2 less every month compared to those who drive 12,000 miles each year. Still, for drivers in both categories, Grange is the more affordable carrier.

Grange or Mercury: Compare Rates for Urban, Suburban, and Rural Drivers

We've already mentioned how your home state can play a role in how much you pay for car insurance, but the type of area you live in can have a sizable impact as well. Normally, drivers who live in heavily-populated urban areas will pay quite a bit more than rural policyholders because of the number of cars that are on the roads where they live.

When comparing these two companies side-by-side, Grange boasts the lowest average premiums in urban and suburban areas, while Mercury wins in rural areas.

For drivers in urban ZIP codes, Grange Insurance's average rates are around $109 less than Mercury Insurance. People who live in suburban areas pay about $40 less with Grange compared to Mercury. Those in rural areas can expect to save around $11 with Mercury compared to Grange.

Grange vs. Mercury Discounts

No matter why you might be in the market for a new insurance policy, you're always going to want to save as much money as you can, and the best way to do that is by taking advantage of as many car insurance discounts as possible.

But with what seems like a million different discounts out there, it can be challenging to find all the ones you're eligible for or to nail down the carrier that has the most discounts for your unique driver profile.

Luckily, we did the hard work for you and broke down all of the different discounts offered by both Grange and Mercury so that you can see which carrier offers the most discounts and see which ones you might be able to take advantage of.

Overall, Grange has a slight advantage when it comes to total number of discounts. Mercury offers a grand total of 27 discounts, while Grange has 28.

Both carriers offer several of the same discounts -- like anti-theft discounts, COVID-19 relief discount, discounts for being a defensive driver, and discounts for being a good driver -- but Grange also offers discounts for advanced safety feature, agency transfer, annual mileage, and more.

On the other hand, Mercury has a few proprietary discounts of their own for things like advance quote discounts, DRL discounts, e-signature discounts, and more.

Final Thoughts: Is Grange or Mercury Best for You?

So, you've seen how different factors can affect your auto insurance premiums. We've broken down the different discounts each company offers, too. But, at the end of the day, which insurance carrier is the best company for you and your specific driver profile?

Grange might be best for you if....

• You have a clean record.
• You already have a great credit score.
• You want to save money while purchasing insurance for a teenager.

Mercury might be best for you if...

• Your driving record includes a DUI charge.
• You're looking for the best rates on liability only coverage.
• You live in a rural neighborhood.

Hopefully, this guide helps you get a good idea of the differences between Grange and Mercury and that you can now make a more informed decision when it comes to your auto insurance.

But, at the end of the day, there's only one way to know for sure that you're getting the best possible deal on car insurance -- comparing quotes from multiple companies, not just Grange and Mercury. Luckily, Compare.com makes it easy for you to do just that. Just enter your ZIP code below and get multiple free quotes from some of the best auto insurance carriers in your area, all in just a few minutes.

Grange vs. Mercury FAQs

Is Grange or Mercury cheaper?

Grange is the less expensive of the two companies when looking at national average prices, with policies averaging $249 a month with Grange and $295 for Mercury. But that doesn't mean Grange will be the most affordable company for every driver, since there are several different variables that come into play when it comes to your insurance payment.

Who is better, Grange or Mercury?

Sadly, the real answer is "it depends.". No single carrier is "better" for each policyholder -- it all boils down to your unique car insurance profile. For example, Grange is more affordable for drivers with excellent credit, while Mercury offers cheaper premiums for drivers with a recent DUI.

Why do Grange and Mercury offer me different rates?

Insurance carriers use lots of different factors when calculating the rates they charge. Variables like your driving record, gender, where you park your vehicle, age, and sometimes even things like your credit score can all be used. Both Grange and Mercury use different formulas, so it's likely they'll offer different prices. The best way to determine which company is the cheapest for you is by comparing personalized quotes from a variety of different companies.

How do I know if Grange or Mercury is right for me?

The only way to find the auto insurance carrier that's right for you is by getting quotes from several carriers and finding the one best suited for your individual budget. Luckily, sites like Compare.com make it easy for you to do just that. Just enter your area information and you'll get quotes from dozens of your local top car insurance companies for free. That way, you can guarantee you're getting the most affordable price. And maybe you'll find that the best company for you isn't Grange or Mercury at all, but another you hadn't even thought of!

Methodology

All of the data referenced in this article has been gathered in collaboration with Quadrant Information Services. We analyzed more than 2.5 million rows of carrier-reported data to calculate the average rates referenced above. All rates are based on an insurance profile of a single-vehicle policy for a driver that owns a 2016 Honda Accord. For more information on how we calculate rates, please reference our data methodology.