Mercury Agent

[JohnWalker]

I'm in the process of applying to be a mercury agent in California and would like to hear from anyone who's currently an agent or preferrably from some one who was just appointed.

What do you like about them?
What don't you like about them?
Are you happy as a mercury agent?

I've tried to look up info on them but there isn't really much beyond consumer reviews.

 

[Philly]

We have been appointed with them for around six months. They have been ok to write to business with. There system is not that user friendly in my opinion. They pay 15 on auto here in michigan. Hope that helps a little

 

[JohnWalker]

We have been appointed with them for around six months. They have been ok to write to business with. There system is not that user friendly in my opinion. They pay 15 on auto here in michigan. Hope that helps a little

Thats perfect thanks. If you don't mind me asking, what do they have you at for renewals?

 

[Philly]

12% on renewals. I know they're trying to come out with a home program with in the next year?

 

[JohnWalker]

How is there agent support call center? Are they fast and willing to help or do you constantly have to follow up with them on things like customer endorsements?

Do you think you will make them your primary carrier or just another carrier?

 

[Philly]

The call center help is pretty decent for help. You have to email documents over to the underwriter such as prior proof and Medical card. You will have a lot of documents to send over to the underwriter on new business. They are not our primary carrier.

 

[Todd Payne]

I've had a Mercury appointment for 17 years. They are a great company. Very dedicated to the independent agency distribution channel. If you have consistently low loss ratios they will increase your commission by 1 pt each year until you max out at 20% new & renewal (also works in reverse down to 10% I think if you have high loss ratios). Good profit sharing if you have low loss ratios.

They have pretty consistently low rates for auto & home, and also have good commercial auto and property rates. They are known as an underwriting company, so you will have more memos and questions on policies, but you learn what the company wants and submit complete info up front to minimize that. They are my primary company.

 

[CaliforniaINS]

I'm in the process of applying to be a mercury agent in California and would like to hear from anyone who's currently an agent or preferrably from some one who was just appointed.

What do you like about them?
What don't you like about them?
Are you happy as a mercury agent?

I've tried to look up info on them but there isn't really much beyond consumer reviews.

Extremely competitive, easy to use, they do a good job at paying out on claims, they have a hard-core underwriting process.. They are literally like detectives those underwriters... In California anyways.

 

[Sales71]

I've had a Mercury appointment for 17 years. They are a great company. Very dedicated to the independent agency distribution channel. If you have consistently low loss ratios they will increase your commission by 1 pt each year until you max out at 20% new & renewal (also works in reverse down to 10% I think if you have high loss ratios). Good profit sharing if you have low loss ratios.

They have pretty consistently low rates for auto & home, and also have good commercial auto and property rates. They are known as an underwriting company, so you will have more memos and questions on policies, but you learn what the company wants and submit complete info up front to minimize that. They are my primary company.

HI Todd
Do you mind to share who set up your site and the cost. I like your site. You can PM if you like. Thanks

 

[JohnWalker]

I've had a Mercury appointment for 17 years. They are a great company. Very dedicated to the independent agency distribution channel. If you have consistently low loss ratios they will increase your commission by 1 pt each year until you max out at 20% new & renewal (also works in reverse down to 10% I think if you have high loss ratios). Good profit sharing if you have low loss ratios.

They have pretty consistently low rates for auto & home, and also have good commercial auto and property rates. They are known as an underwriting company, so you will have more memos and questions on policies, but you learn what the company wants and submit complete info up front to minimize that. They are my primary company.

What do you mean by profit sharing for low loss ratios?