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. Discounts are available for homeowners already taking eco-friendly measures while also putting hard-earned money back in the pockets of policyholders. Mercury's new coverages provide additional insurance protections with an option for environmentally-friendly replacement products. 19, 2021 /PRNewswire-PRWeb/ - Mercury Insurance (NYSE: MCY) today announces five new coverages and three new discounts available for homeowners in Arizona. If you would like to know more about this Water Seepage or Leakage coverage, or any other coverage that may be available for your policy, please contact our office.Mercury's new added protection comes with environmentally-friendly perks, while discounts put hard-earned money back in the pockets of Arizona policyholders The coverage does not apply to any sump, sump pump or related equipment as there is a separate coverage that can also be added for water back up related to these. Safeco offers two different limits of this coverage, $25,000 and $50,000. This coverage would apply to water or steam that leaks from your plumbing, heating, air conditioning and household appliances. Safeco’s optional coverage would allow a loss to be paid for, repeated, continuous seeps or leaks that occur for a period greater than 14 days. The continued Seepage of Water is normally excluded by most homeowners’ policies. Safeco Insurance has an optional coverage for their homeowner policy holders for Water Seepage and Leakage. With winter right around the corner, we would like to take this opportunity to let you know about an available coverage from one of our carriers.