Feb 22, 2018
A majority of Americans can’t afford a surprise repair bill, let alone the cost to repair a service line that averages $4,428. Mercury Insurance’s Service Line Protection helps homeowners by covering the gaps in standard insurance policies and providing an extra security blanket.
LOS ANGELES, Calif. (Feb. 22, 2018) – Aging water pipe infrastructure throughout the country and frigid winter temperatures in the Midwest and Northeast are a couple scenarios that are impacting America’s service lines and causing water mains to break. Each year, the country experiences 240,000 water main breaks costing nearly $3 billion, according to the Environmental Protection Agency, and most homeowners aren’t aware that they’re responsible for the repair and replacement costs if a break occurs on their property.
Mercury Insurance (NYSE: MCY) has introduced Service Line Protection, an enhancement to Mercury’s homeowners insurance policy that offers up to $10,000 per occurrence for damage to exterior and underground service lines, including:
“A majority of Americans can’t afford a surprise repair bill, let alone the cost to repair a service line that averages $4,428,” said Randall Petro, Mercury’s chief claims officer. “Mercury Insurance’s Service Line Protection helps homeowners by covering the gaps in standard insurance policies and providing an extra security blanket.”
Service Line Protection is available to Mercury’s homeowners insurance policyholders in Arizona, California, Georgia, Illinois, Nevada, New Jersey, Oklahoma, Texas and Virginia. Visit https://www.mercuryinsurance.com/insurance-products/service-line-protection.html to learn more.
ABOUT MERCURY INSURANCE
Mercury Insurance (MCY) is a multiple-line insurance organization predominantly offering personal automobile, homeowners and commercial insurance through a network of independent agents in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas and Virginia. Since 1962, Mercury has specialized in offering quality insurance at affordable prices. For more information, visit www.mercuryinsurance.com or Facebook and follow the company on Twitter.
For further information: PCG - Wendi Sheridan (424) 903-3644 (firstname.lastname@example.org)