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Green Home: Mercury is offering up to 5% discount for all perils if the home has a Green certification by the U.S.Mercury's new protection covers up to $1,000 of food items if there's a loss of power or a mechanical failure of a refrigerator resulting in spoiled food. Refrigerator Products: During the pandemic, many homeowners spent hundreds of dollars stocking their refrigerators from top to bottom.To better protect homeowners from water damages that are hidden, Mercury is offering coverage that would apply to the resulting damages in these instances. In some instances, a water leak may be hidden from the homeowner within a wall or ceiling and go on for weeks or months and only be found when a wall is opened up. Limited Hidden Water, Steam Seepage or Leakage: Water claims are one of the most common claims that can lead to costly repairs along with many inconveniences for homeowners.Today, Mercury is providing two additional coverages-siding or roofing-that allow the undamaged portions to be replaced as well when there is a mismatch. In the past, homeowners could end up with roofing or siding that does not match. Matching of Undamaged Siding and Roofing: Many times, roofing or siding repair is limited to a damaged area of the home, and with time the older existing and non-damaged material will fade or the roofing or siding is no longer available.Mercury is going to continue to help policyholders and if we get the chance to, the environment as well," Mingqian said. "Each day we issue more than a million dollars to put policyholder's lives back together and at the same time, we see materials that will take a long-time to breakdown go off to landfills. The protection also extends to personal property such as an HVAC or appliances when replaced with an eco-friendly product. 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. 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.Many might be surprised that insurance can be green, but if we can help the environment while we help policyholders it's a win-win." "Homeowners have been reevaluating what's important to them and how a home is built and the eco-friendly products they want in it continues to come up. "Mercury's new coverages and discounts take a different approach to protecting our customers," said Mingqian Dai, Mercury Insurance Product Manager Assistant for Arizona.
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