Thousands of people die due to collisions caused by motorists who weren’t paying attention. Distracted drivers are all over American roads, and according to the most recent data from the National Highway Traffic Safety Administration, thousands of people are dying because motorists are paying attention to phones, smartwatches, radios, food, makeup application and other factors aside from the road in front of them. The latest data shows that about 3,500 people died in the US in 2021 because of motorist distraction. Last October, Mercury Insurance held a survey to investigate…
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Is your house and home insurance ready for a strong El Niño?
The last time there was a similar El Niño event, the increased rainfall doubled claims at Mercury. As of this month, the National Oceanic and Atmospheric Administration (NOAA) issued a statement predicting a significant El Niño event, which has insurers bracing for increased home insurance claims. The conditions are already building, and strength is only expected to rise as winter gets nearer. El Niño is a type of abnormally warm Pacific Ocean temperature near the equator. When this happens, though the change in temperature may seem slight, the impact on…
Read MoreMercury shares insurance policy savings tips with its customers
The insurer released a Holiday Buyer’s Guide to help consumers get the right coverage for a better price. With the holiday season now underway, the odds are higher that a claim will be made on an insurance policy than they are at most other times of the year. That said, a claim can only be made if the right coverage is in place, moreover, not all coverage is priced equally. Therefore, Mercury has issued a Holiday Buyer’s Guide to help people to find precisely what they need and at the…
Read MoreMercury shares its insurance fraud investigation strategy
The insurer recently published a release describing its Special Investigations Unit for fraudulent claims. Since insurers tend to be very large companies, it’s easy to think that insurance fraud doesn’t cause any harm. That said, this sentiment has become commonplace enough that insurers risk losing a lot of money to it, forcing them to cover that added cost by factoring it into premiums, meaning that all customers pay more. Insurers take scams very seriously and have complex systems in place to detect fraudulent claims. “People might think that unless their…
Read MoreConsumer Watchdog says California Commissioner should stop Mercury’s insurance rate discrimination
The group sent a signature-filled petition to Commissioner Lara regarding job-related premiums calculations. Consumer Watchdog has issued a letter containing a petition to California Insurance Commissioner Ricardo Lara, calling for him to reject insurer Mercury’s insurance rate discrimination practices. The group wants the commissioner to stop the proposed rate hike based on job- and education-related calculations. Mercury has proposed a $131 million hike to its total auto premiums, and Consumer Watchdog has called for Commissioner Lara to reject it as well as the insurance rate discrimination it says the insurer…
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