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Mercury Insurance Tackles More Auto Insurance Myths
Misinformation about auto insurance continues to circulate, leading many drivers to make decisions based on outdated or inaccurate assumptions. To help consumers stay informed, Mercury Insurance (NYSE: MCY) is releasing Volume Two of its auto insurance myth–busting series—focused entirely on new misconceptions that can affect coverage, cost and peace of mind.
About this update from Mercury General Corporation
[{"type":"text","content":"'Volume Two' of misconceptions drivers should know before making coverage decisions","length":91,"tagName":"p","attribs":{}},{"type":"text","content":"LOS ANGELES, Jan. 20, 2026 /PRNewswire/ -- Misinformation about auto insurance continues to circulate, leading many drivers to make decisions based on outdated or inaccurate assumptions. To help consumers stay informed, Mercury Insurance (NYSE: MCY) is releasing Volume Two of its auto insurance myth–busting series—focused entirely on new misconceptions that can affect coverage, cost and peace of mind.","length":404,"tagName":"p"},{"type":"text","content":""Even savvy drivers can be misled by insurance myths," said Justin Yoshizawa, Director of Product Management at Mercury Insurance. "Understanding what coverage actually does—and doesn't—do can help people avoid unpleasant surprises after an accident."","length":275,"tagName":"p"},{"type":"text","content":"Here's the latest lineup of auto insurance myths — and the facts that stand in their place:","length":95,"tagName":"p"},{"type":"text","content":"Myth #1 — You Can Negotiate Your Auto Insurance PremiumFact: Insurance rates aren't like haggling for a car price. They're calculated using approved rating formulas and risk models regulated by state insurance departments — so you can't negotiate a lower rate directly with your carrier. What you can do is shop for discounts, adjust coverage levels, or improve your risk profile to influence your premium.","length":419,"tagName":"p"},{"type":"text","content":"Myth #2 — You Don't Need Medical Payments Coverage if You Have Health InsuranceFact: Even if you carry health insurance, your auto policy's medical payments or personal injury protection (PIP) can still be valuable. These coverages may pay medical costs regardless of fault and can help cover expenses not covered by health insurance — including deductibles, co-pays, ambulance bills, lost wages, and more, depending on state regulations.","length":447,"tagName":"p"},{"type":"text","content":"Myth #3 — Full Coverage Means You're Covered for EverythingFact: "Full coverage" is a common shorthand used to describe a policy that includes liability, comprehensive, and collision coverage. Even with all three, coverage is still subject to limits, deductibles and exclusions, w...