Mercury Insurance Adds Service Line Protection to its Homeowners Product Line

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The new coverage is available exclusively to Mercury’s homeowners policyholders and offers protection for underground sewer, water and electrical lines.

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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.

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:

  • Water piping, also known as a sewer lateral, which connects from the dwelling or other structure to a public water supply or private well.
  • Sewer piping that connects from the dwelling or other structure to a public sewer or private septic system.
  • Ground loop piping that connects to a heat pump.
  • Piping providing heating including geothermal, natural gas, propane and steam.
  • Piping supplying compressed air.
  • Power lines that provide electrical service to the dwelling or other structure.

“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.

Mercury Blog: What Are Service Lines to My Home and Am I Responsible for Them?

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 http://www.mercuryinsurance.com or Facebook and follow the company on Twitter.

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Wendi Sheridan
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