Car Insurance in Mercier

INSURANCE PREMIUM HISTORY IN MERCIER (LAST 10 YEARS)

In Mercier, auto insurance premiums have shown a general upward trend between 2015 and 2025, rising from $530 to $1546. However, notable fluctuations can be observed, particularly a spike to $1471 in 2022 followed by a decrease to $1119 in 2023, before climbing again in 2024 and 2025. This volatility likely reflects changes in local market conditions.

Factors influencing your insurance premiums in mercier

Car insurance premiums in mercier are determined by a number of specific factors, which insurers carefully analyze to assess the risk level associated with each driver and vehicle. Understanding these factors can help you better understand the cost of your insurance.

• Your Driving Record: Your driving record history is the most important factor. A clean record with no accidents or tickets can save you hundreds of dollars a year, as it demonstrates that you are a responsible driver.
• Your vehicle: The make, model, year, and even color of your vehicle are taken into account. Newer cars, luxury models, or those with high repair costs generally cost more to insure.
• Your place of residence: In mercier, population density and traffic can impact your premiums.
• Your vehicle usage: If you use your vehicle daily for work, your premium will be higher than if you only use it for occasional trips. The number of kilometers driven each year also has an impact.
• Your age: Young drivers generally pay higher premiums, as statistics show they are more likely to be involved in accidents.
• Your profile: Other factors such as your credit score, your profession and your insurance product purchasing habits also influence the cost of your insurance.

Car insurance in mercier by age group

In Mercier, drivers aged 18 to 28 pay the highest insurance premiums at $1750, closely followed by those aged 30 to 40 at $1713. There is a progressive decrease in costs with age, with drivers aged 40 to 50 paying $1464, those aged 50 to 60 paying $1267, and those aged 60 to 70 enjoying the most favorable premiums at $1074.