Mercury vs. Redpoint County Mutual: Which Company is the Best Fit for You?

Quick Facts

• Based on national averages for car insurance, Redpoint County Mutual offers significantly cheaper prices than Mercury
• Mercury offers more discounts than Redpoint County Mutual
• Redpoint County Mutual offers more affordable premiums for policyholders who have a clean driving record, free of accidents, tickets, or DUIs

Mercury vs. Redpoint County Mutual: Which Company has the Cheapest Car Insurance?

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

You've maybe even narrowed it down to Mercury or Redpoint County Mutual as your top options, but which one has less expensive prices for auto insurance?

Looking at the national average rates for both companies, Mercury is quite a bit more expensive than Redpoint County Mutual, with rates averaging $295 per month compared to just $196 with Redpoint County Mutual.

Even so, Redpoint County Mutual may not be the lowest or best option for every driver out there. After all, insurance carriers can offer drastically different rates to each driver depending on rating factors like your age, your credit score, your driving record, or even where you call home (among other things). So, at the end of the day, premiums from every carrier will differ quite a bit from person to person.

Wanting to know if Mercury or Redpoint County Mutual is really the right company for you? Keep on reading to see how average prices can change based on all of the factors we've mentioned above.

Mercury or Redpoint County Mutual: Average Car Insurance Rates by State

Mercury and Redpoint County Mutual only compete against each other in Texas, where Mercury offers the cheaper average premiums. For Texas residents, Mercury offers car insurance for $186 monthly on average. Redpoint County Mutual's average rates come out to be more expensive, at $196 a month.

But there's more to insurance than just where you live. As we mentioned above, there's a lot of things that go into how car insurance companies calculate your prices. Read on to find out more.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- normally pay a lot for auto insurance compared to older drivers. Generally, that's because young, inexperienced drivers are statistically much more likely to get into accidents since they have less experience on the roads.

But still, even with seemingly sky-high premiums, teen drivers can still find ways to save money. As you can see above, teens who use Redpoint County Mutual save more than $300 a month compared to those who use Mercury. It's worth noting that Mercury offers insurance in 11 different states compared to Redpoint County Mutual's one, which can skew the average rates a bit, but the difference here is still considerable.

But both carriers will drop premiums by the time you turn 25. Redpoint County Mutual offers the steepest reduction, with 25-year-olds paying less than a third of what 18-year-old drivers are charged. Mercury's average rates lower nearly 70% during that same period.

Which is the Best Company for Retired Drivers?

Once you approach retirement age, you'll usually enjoy the cheapest car insurance prices you'll ever see. You've been on the road for years, and all that experience pays off when it comes to your monthly rates for auto insurance.

But who has the best prices for retired drivers between Mercury and Redpoint County Mutual? Redpoint County Mutual gets the edge, with premiums for drivers 65 and older over 30% more affordable than the national average for Mercury.

Which is the Best Company for Married Drivers?

You may not be aware, but car insurance prices tend to be more expensive for single policyholders than they are for married policyholders. That's typically because married drivers tend to own and insure more than one car, which can often earn you a discount.

When it comes to relationship status, Redpoint County Mutual is the clear winner for single drivers, with premiums about $131 per month less expensive than Mercury, on average. For married couples, the advantage is clear again - Redpoint County Mutual has the edge when it comes to average rates.

Mercury vs. Redpoint County Mutual: Average Rates by Gender

You may not know, but men generally pay more for insurance than women do. This is because women are less likely to get into collisions and get speeding tickets, which decreases the chances of an insurance claim.

With Mercury, men typically pay almost $15 a month more than women, and around $18 more with Redpoint County Mutual.

Looking at overall affordability, Redpoint County Mutual comes out as the most affordable option for both genders, with average premiums 32% less for men and 35% cheaper for women.

Mercury or Redpoint County Mutual: 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.

Auto insurance isn't the easiest topic to understand. There are a range of different coverages that account for several different things. Some protect you and your vehicle, while others only provide coverage for other people's property and health if you cause an accident.

The two most common policies end up falling into two different types of coverage -- liability only (which covers the other party's injuries and property damage if you cause a collision) and full coverage (which includes comprehensive and collision coverages that protect your own vehicle, in addition to liability).

If you're looking for state minimum limits for liability insurance, Redpoint County Mutual normally offers significantly more affordable prices of $115 compared to Mercury's $184. When it comes to full coverage policies with similar limits, Redpoint County Mutual again has the edge, with policies about $150 per month cheaper than Mercury, on average.

Is Mercury or Redpoint County Mutual Better for Drivers with Spotty Records?

It's no big secret that drivers who are accident-free get better deals on their insurance. But even if you have a spotty record, you can still find plenty of ways to save some cash on your monthly bill.

Tickets and collisions will most likely raise your rates, but is Mercury or Redpoint County Mutual more affordable for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Drivers with Redpoint County Mutual car insurance policies don't report seeing their prices increase after getting a ticket, but Mercury policyholders can expect to see their monthly bill increase by around a quarter.

However, Redpoint County Mutual has less expensive rates for drivers in both categories. Drivers with a clean record can save about $98 a month with Redpoint County Mutual, and the same can be said for those with a ticket, too.

Which Company is Best for Drivers After an Accident?

Mercury policyholders who get in an accident can expect to see their premiums climb by over 30%, while those who have insurance through Redpoint County Mutual will see around a 35% increase.

Overall, Redpoint County Mutual offers the cheapest prices for drivers with an at-fault accident on their records, with monthly rates averaging $206 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 speeding ticket or even a collision. On average, Redpoint County Mutual will raise your premiums about 54% after a DUI, while Mercury's average rates rise by over 20%.

Redpoint County Mutual has the overall most affordable prices for drivers with a DUI on their records at $301 per month, but it's worth noting that Mercury's average rates come from 11 states compared to just one for Redpoint County Mutual, so the data may be skewed slightly.

How does Credit Score Impact Mercury and Redpoint County Mutual Rates?

Did you know that many auto insurance companies take into account your credit score when calculating premiums? This isn't always the case (California, for example, has banned the use of credit score as a rating factor) but it will come into play for lots of drivers.

Insurance carriers argue that someone with good credit is more likely to pay their bills on time, which makes them less risky to insure. Because of that, policyholders with good credit will often be rewarded with cheaper prices.

So, which carrier offers the best rates for drivers with good, average, or poor credit?

Which Company is Best for Drivers with Good Credit?

If you have a solid credit score, you'll usually find a better deal with Redpoint County Mutual. Policyholders with "excellent" credit can save just under 30% compared to Mercury, and those with "good" scores can also expect to see savings -- around $89 or 33% less expensive each month.

Which Company is Best for Drivers with Bad Credit?

Redpoint County Mutual typically offers lower premiums than Mercury when it comes to drivers with less-than-stellar credit. Drivers with "fair" credit pay about $97 per month less with Redpoint County Mutual compared to Mercury, and those with "poor" scores usually save an average of around $161 a month.

Is Mercury or Redpoint County Mutual 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 your monthly prices? Generally, those who drive less will end up with cheaper premiums since there's less of a chance of getting into an accident and causing an insurance claim.

In this case, neither Mercury or Redpoint County Mutual report increasing rates for drivers with higher annual mileage figures. Still, Redpoint County Mutual comes out as the lowest for drivers at both intervals, whether they put 6,000 or 12,000 miles on their car annually, with average prices of $196 a month for both.

Mercury vs. Redpoint County Mutual: 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 auto insurance, but the type of area you live in can have a big impact as well. Normally, those who live in urban areas will pay more than drivers in rural areas because of the number of vehicles that are on the roads in those areas.

When comparing these two companies side-by-side, Redpoint County Mutual typically comes out as the most affordable option for drivers in all areas, regardless of if they're urban, suburban, or rural.

For policyholders in urban ZIP codes, Redpoint County Mutual offers premiums about $238 per month compared to Mercury's $401. People who live in suburban ZIP codes can expect to pay around $177 per month for Redpoint County Mutual and $275 for Mercury. Lastly, those in rural areas tend to get the lowest rates from both carriers, with average monthly premiums coming in at $173 and $209 for Redpoint County Mutual and Mercury respectively.

Mercury vs. Redpoint County Mutual Discounts

Regardless of why you might be in the market for a new car insurance policy, you're always going to want to save as much money as possible. That's where insurance discounts comes into play.

But with what seems like a million different discounts out there, it can be difficult to find all the ones you can take advantage of or to nail down the company that has the most discounts for your unique driver profile.

In the section below, we've compared all of the different discounts offered by Mercury and Redpoint County Mutual so that you can find the company that has the most discounts and, therefore, the biggest savings.

Mercury blows Redpoint County Mutual away when it comes to the sheer amount of discounts available, offering 27 different discounts to Redpoint County Mutual's three.

A couple of those are overlapping for things like discounts for being a good driver, group discounts, and passive restraint discounts. Mercury also offers ABS discounts, advance quote discounts, anti-theft discounts, and more that Redpoint County Mutual does not.

Redpoint County Mutual's discounts come through just three categories -- Good Driving, Group Discount, and Passive Restraint.

Final Thoughts: Is Mercury or Redpoint County Mutual Best for You?

So, you've seen how different factors can affect your auto insurance rates. We've broken down the different discounts each carrier offers, too. But, when it comes down to it, which insurance company is the best fit for you?

Redpoint County Mutual might be best for you if....

• You haven't received any speeding tickets or been in a collision in the last few years.
• Your home is located in the suburbs.
• You're buying car insurance for a teen and looking for a wallet-friendly option.

Mercury might be best for you if...

• You are considering moving to another state -- Redpoint County Mutual only offers policies in Texas.
• You care about discounts (Mercury offers the most).

We hope this guide has ben a valuable resource as you compare Mercury and Redpoint County Mutual 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 Mercury and Redpoint County Mutual. Luckily, Compare.com makes it easy for you to do just that. Just enter your ZIP code below and get free quotes from dozens of the top insurance carriers in your area, all in just a few minutes.

Mercury vs. Redpoint County Mutual FAQs

Is Mercury or Redpoint County Mutual cheaper?

Looking just at the national average prices, Redpoint County Mutual is the more affordable of the two companies, offering average rates of $196 a month compared to $295 for Mercury. That being said, Redpoint County Mutual won't necessarily be the cheapest carrier for every policyholder, since there are many different variables (things like age, gender, driving record, etc.) that play a role in how much you pay.

Who is better, Mercury or Redpoint County Mutual?

Sadly, the real answer is "it depends.". No single company is "better" for each driver -- it all boils down to your unique car insurance profile.

Why do Mercury and Redpoint County Mutual offer me different rates?

Insurance carriers take a look at many different factors when determining the rates they charge drivers. Variables such as gender, age, where you park your car, your driving record, and sometimes even things like your credit score can all be used. Both Mercury and Redpoint County Mutual calculate prices differently, so each one will most likely offer different premiums. The only real way to see which carrier is the lowest for you is by comparing personalized quotes from lots of different companies.

How do I know if Mercury or Redpoint County Mutual is right for me?

The only way to find the auto insurance company 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 do all the hard work for you. Just enter your information once and you'll get free quotes from dozens of the best insurance companies in your area. With those, you can guarantee you're getting the best rate. And who knows, the best carrier for you might not be Mercury or Redpoint County Mutual at all!

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.