Rental properties are a popular way for people to generate income and are often an investment in their future.
LOS ANGELES, Calif. (November 12, 2019) – Mercury Insurance (NYSE: MCY) announced today that it is offering landlord insurance in California to help protect people with rental properties. Landlord insurance covers the costs to repair rental properties if they’re damaged by fires, lightning, wind, hail and other covered losses, lost rental income while those properties are repaired, and liability and medical expenses that could arise from the ownership or use of a rental property.
“Rental properties are a popular way for people to generate income and are often an investment in their future,” said Jane Li, Mercury Insurance’s director of product management. “It’s Mercury’s goal to help landlord policyholders guard their properties and financial assets.”
Mercury policyholders may qualify for a number of discounts to combine with their landlord coverage, including but not limited to multi-policy discount, property manager discount, and renters insurance discount. Additional landlord insurance coverage options include:
- Short-term home-sharing endorsement that provides coverage for properties listed through companies such as Airbnb or VRBO.
- Coverage provided for the landlord’s personal items within the rental property, such as appliances.
- Repairs for service lines on the rental property.
- Protection for a wide range of critical home systems, appliances and electronics.
Mercury’s landlord insurance protects property owners who lease out single-family homes, duplexes, triplexes and fourplexes against financial losses resulting from damage to the residence.
Visit Mercury’s website to learn more about Landlord Insurance.
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.