Mercury Insurance is an American publicly traded company who offer insurance services in some states of the United States. The company has an active network of more than 8,000 independent agents and 4,500 full-time employees through which they control their operations in 11 US states that include Virginia, New Jersey, Texas, Oklahoma, Florida, Arizona, Georgia, Illinois, Virginia, California, and Nevada. The company’s annual revenue is more than US$ 3 billion and they own assets of over US$ 4.60 billion. It is basically a multi-line insurance company that offers a great variety of insurance services. Although, their main target is homeowners and auto insurance.
The corporate headquarters of thecompany is situated in Los Angeles, California, United States. It was established in 1961 by George Joseph as Mercury General Corp. with only six employees. George Joseph is still the Chairman of the company.
Mercury Insurance Product’s Portfolio
As mentioned above, the company’s portfolio has a huge variety of insurance services that include business insurance, home systems protection, ride-hailing insurance, identity management protection, mechanical breakdown protection, personal automobile insurance, and renters insurance.
In addition, the Mercury Insurance also offer dwelling fire insurance that is created for the landlords who want to protect their rental locations. They are a component of S&P 400 and trade publicly on New York Stock Exchange.
There is also a special department operated by the company Special Investigations Unit whose main duty is to deal with the auto insurance crime that includes vandalism, fires, etc.