Mercury Insurance Offers New Coverages and Discounts in Oklahoma

Mercury’s new added safety comes with environmentally-friendly perks, whereas reductions put hard-earned a refund in the pockets of policyholders

LOS ANGELES, Dec. 12, 2022 /PRNewswire/ — Mercury Insurance (NYSE: MCY) right this moment broadcasts 5 new coverages and 5 new reductions obtainable for householders and renters in Oklahoma. Mercury’s new coverages present further insurance coverage protections with an possibility for environmentally-friendly substitute merchandise. Discounts can be found for householders already taking eco-friendly measures and will put hard-earned a refund in the pockets of policyholders.

“It’s important that we offer customers savings and great value, something Mercury has done since we first opened for business,” mentioned Jeremy Berlin, Mercury Insurance Product Manager. “Our goal is to continue providing our policyholders with coverages and savings that they can depend on.”

 New coverages embrace:

• Green Home: Mercury will cowl as much as an extra 10% of the substitute prices for environmentally-friendly alternate options or development strategies with a lined loss. For instance, if a house owner with this extra protection has broken carpeting and selects an eco-friendly substitute, Mercury would challenge funds as much as 10% greater than the prices to exchange the carpeting so the home-owner can go together with the inexperienced flooring possibility. The safety additionally extends to different forms of property, reminiscent of an HVAC or home equipment, when changed with an eco-friendly product. “Each day we help policyholder’s put their property back together and, at the same time, we see materials that will take a long-time to break down go off to landfills. Mercury is going to continue to help policyholders and, if we get the chance to, the environment as well,” mentioned Berlin.
• Matching of Undamaged Siding and Roofing: Many occasions, roofing or siding restore is restricted to a broken space of the house, and with time the older present and non-damaged materials will fade or the roofing or siding is not obtainable. In the previous, householders might find yourself with roofing or siding that doesn’t match. Today, Mercury is offering two further coverages—siding or roofing—that enable the undamaged parts to get replaced as properly when there’s a mismatch.
• Refrigerated Products: During the pandemic, many owners spent a whole lot of {dollars} stocking their fridges from prime to backside. Mercury’s new safety covers as much as $1,000 of meals objects if there is a lack of energy or a mechanical failure of a fridge ensuing in spoiled meals.
• Limited Hidden Water, Steam Seepage or Leakage: Water claims are probably the most widespread claims that may result in pricey repairs together with many inconveniences for householders. In some situations, a water leak could also be hidden from the home-owner inside a wall or ceiling and go on for weeks or months and solely be discovered when a wall is opened up. To higher shield householders from water damages which can be hidden, Mercury is providing protection that might apply to the ensuing damages in these situations.

New reductions embrace:

• Green Home: Mercury is providing as much as 5% low cost for all perils if the house has a Green certification by the U.S. Green Building Council LEED score system or meets the necessities of the National Association of Home Builders Green Building Guidelines (NAHB).
• Updated Home: Mature properties, greater than 20 years outdated, with permitted renovations, reminiscent of HVAC substitute, re-roofing, transforming, or a brand new addition, over the past 10 years are eligible for as much as a ten% low cost on the wind and water perils.
• Good Payer: Homeowner policyholders who’ve paid on time for the previous 36 months are eligible for the Good Payer Discount, which saves 2% on the coverage. Both new enterprise and present policyholders are eligible for the low cost.
• Paid in Full: Mercury is providing a reduction of as much as 10% in financial savings on premiums for renters insurance coverage policyholders.
• Digital: This is a brand new low cost of as much as 2% in premium financial savings for policyholders who join the client portal, paperless billing and paperless doc listing.

Mercury provides insurance coverage for Personal Auto, Mechanical Protection, Ride-Hailing, Condo, Homeowners, Home Cyber Protection, Home Systems Protection, Identity Management Services, Renters, Service Line Protection, Business Auto and Personal Umbrella in Oklahoma. 

About Mercury Insurance

Mercury Insurance (NYSE: MCY) is a multiple-line insurance coverage provider providing private auto, householders, and renters insurance coverage on to shoppers and by a community of impartial brokers in Arizona, California, Illinois, Georgia, Nevada, New Jersey, New York, Oklahoma, Texas and Virginia, in addition to auto insurance coverage in Florida. Mercury additionally writes enterprise house owners, enterprise auto, landlord, business multi-peril and mechanical safety insurance coverage in numerous states.

Since 1962, Mercury has offered clients with large worth for his or her insurance coverage greenback by pairing ultracompetitive charges with glorious customer support. Mercury has earned “A” rankings from A.M. Best and Fitch, in addition to “Best Auto Insurance Company” designations from Forbes and Insure.com. For extra information go to www.MercuryInsurance.com or observe the corporate on Twitter or Facebook.

SOURCE Mercury Insurance