Rising liability injury claims for home and auto owners that exceed traditional policy limits have spurred Mercury Insurance, headquartered in Los Angeles, to unveil an all-new personal umbrella insurance policy for Oklahomans that offers extra protection with bolstered coverages beginning at less than a dollar per day.
Bodily injury payouts have continued to climb year over year since the pandemic started, with the average amount for a liability claim increasing by 35%, according to Mercury Insurance. Oklahoma is the third state to launch this expanded insurance product for Mercury Insurance, following California and Texas.
“Mercury has redesigned its umbrella insurance to give Oklahoma an extra layer of protection beyond a traditional auto or home policy,” said Brandt Minnich, vice president and chief sales development officer at Mercury Insurance. “It’s an affordable safety net that protects you from these expensive accidents and litigious lawyers looking for a big payday.”
Mercury offers personal auto, mechanical protection, ride-hailing, condo, homeowners, home cyber protection, home systems protection, identity management services, renters, service line protection, business auto and personal umbrella insurance in Oklahoma.
Mercury’s updated umbrella product includes multi-policy discounts, three-year accident and violation-free discounts, uninsured motorist coverage and increased liability coverage.
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