Mercury General traded at $108.31 this Wednesday August 5th, increasing $1.71 or 1.60 percent since the previous trading session. Looking back, over the last four weeks, Mercury General gained 2.53 percent. Over the last 12 months, its price rose by 49.81 percent. Looking ahead, we forecast Mercury General to be priced at 104.85 by the end of this quarter and at 98.32 in one year, according to Trading Economics global macro models projections and analysts expectations.
Mercury General Corporation is an insurance holding company. The Company is primarily engaged in writing personal automobile insurance through 14 insurance subsidiaries in 11 states, principally California. It also writes homeowners, commercial automobile, commercial property, mechanical protection, and umbrella insurance. Its insurance policies are sold through independent agents. It offers automobile coverages, such as collision, property damage, bodily injury (BI), comprehensive, personal injury protection (PIP), underinsured, and uninsured motorist and other hazards. It also provides homeowners coverages, which includes dwelling, liability, personal property, fire, and other hazards. It offers standard, non-standard, and preferred private passenger automobile insurance in approximately 11 states. It also offers homeowners insurance in approximately 10 states, commercial automobile insurance in approximately eight states, and mechanical protection insurance in various states.