Mercury's new added protection comes with environmentally
friendly perks, while discounts put hard-earned money back in the
pockets of policyholders
LOS
ANGELES, April 2, 2024 /PRNewswire-PRWeb/ --
Mercury Insurance (NYSE: MCY) today announces three new coverages
and four new discounts that are available for homeowners or renters
in New Jersey. Mercury's new
coverages provide additional insurance protections with an option
for environmentally friendly replacement products. Discounts are
available for homeowners already taking eco-friendly measures and
will put hard-earned money back in the pockets of
policyholders.
"Mercury's new discounts are a big step in
the right direction and a new approach to protecting our customers.
We support our policyholders in their efforts to be environmentally
conscious by providing coverages and discounts that help sustain a
greener lifestyle."
"Mercury's new discounts are a big step in the right direction
and a new approach to protecting our customers," said Andrew Morris, product manager of New Jersey at Mercury Insurance. "As a
company, we pride ourselves in caring about our policyholders and
aim to help them in any way possible, so offering expanded
coverages and discounts is a vital part of business to us. We know
that homeowners are reevaluating what's important to them, and that
there is a growing demand for environmentally friendly materials
throughout the home. We support our policyholders in their efforts
to be environmentally conscious by providing coverages and
discounts that help sustain a greener lifestyle."
New coverages include:
- Green Home: Mercury will cover up to an additional 10% of the
replacement costs for environmentally friendly alternatives or
construction methods with a covered loss. For example, if a
homeowner with this additional coverage has damaged carpeting and
selects an eco-friendly replacement, Mercury would issue funds up
to 10% more than the costs to replace the carpeting so the
homeowner can go with the green flooring option. The protection
also extends to personal property such as HVAC systems or
appliances when replaced with an eco-friendly product. "Each day,
we issue more than a million dollars to put policyholders' lives
back together. At the same time, we also see materials that will
take a long time to break down ending up in landfills. Mercury is
committed to helping policyholders and the environment as well,"
Morris said.
New discounts include:
- Green Home: Mercury is offering up to a 5% discount for all
perils if the home has a Green certification by the U.S. Green
Building Council LEED rating system, or meets the requirements of
the National Association of Home Builders Green Building Guidelines
(NAHB).
Mercury offers insurance for Personal Auto, Mechanical
Protection Condo, Homeowners, Home Cyber Protection, Home Systems
Protection, Identity Management Services, Renters, and Service Line
Protection in New Jersey.
About Mercury Insurance
Mercury Insurance (NYSE: MCY) is a multiple-line insurance
carrier predominantly offering personal auto, homeowners, renters
and commercial insurance through a network of independent agents in
Arizona, California, Georgia, Illinois, Nevada, New
Jersey, New York,
Oklahoma, Texas and Virginia, as well as auto insurance in
Florida. Mercury writes other
lines of insurance in various states, including commercial,
business owners and business auto, landlord, home-sharing,
ride-hailing and mechanical protection insurance.
Since 1962, Mercury has provided customers with tremendous value
for their insurance dollar by pairing ultra competitive rates with
excellent customer service. Mercury has earned "A" ratings from
A.M. Best and Fitch, as well as "Best Auto Insurance Company"
designations from Forbes and Insure.com. For more information visit
http://www.MercuryInsurance.com or follow the company on Twitter or
Facebook.
Contact: PCG – Shane Smith (424)
903-3665 (ssmith@pacificcommunicationsgroup.com)
Media Contact
Shane Smith, Mercury Insurance,
(424) 903-3665, ssmith@pacificcommunicationsgroup.com,
https://www.mercuryinsurance.com/
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SOURCE Mercury Insurance