Mercury provides umbrella insurance, auto insurance, business auto insurance, mechanical breakdown protection, renters insurance, condo insurance, and home insurance. Mercury was founded in 1962 and is based in Los Angeles, California.
Mercury’s home insurance covers sheds and carports in addition to the main dwelling. Covered perils include the following:
Trees, shrubs, plants, or lawn on your property are covered if damaged by fire, lightning, vandalism, or other insured losses. Mercury covers your living expenses if your home becomes uninhabitable due to a covered loss.
If you are sued for a covered liability claim, Mercury provides liability coverage and covers the defense cost.
In addition, personal property is covered from theft or damage while in your vehicle or with you, even while traveling.
The company provides a good consumer resource center on its website, including information about the pros and cons of a lower deductible versus a higher deductible and the implications of that.
Mercury is transparent about what its standard policies do not cover, i.e. flooding and earthquake damage. Policyholders must purchase separate policies for those particular perils.
Mercury also encourages consumers to get valuables like antiques and jewelry appraised by a professional to determine their value prior to solidifying policy details.
Mercury offers additional protection to supplement home insurance for just a few dollars more per month.
If you bundle homeowners insurance with auto insurance from Mercury, you get a discount of up to 15 percent on your home policy and a 14.5 percent discount on your auto policy. Homes with protective devices like dead bolts and burglar alarms are also eligible for discounts, but Mercury is vague on the details. You’ll need to ask your agent for more specific information regarding discount availability and eligibility.