Mercury Lowers Homeowners Insurance Rates

In light of a recent court ruling, many California homeowners are taking advantage of lowered homeowner insurance premiums. Mercury originally sought a $32 million hike in its rates, but courts refused to approve such a hike. Moreover, not only did court refuse to approve Mercury’s rate hike, but they also ordered Mercury to cut its rates by $72 million – over twice the amount Mercury wanted to increase rates by!

Mercury Lowers Homeowners Insurance Rates

Mercury must decrease its homeowners insurance rates by 8%, which will affect approximately 270,000 Mercury policyholders.

Get a Lower Quote

California homeowners who want to take advantage of this forced rate cut should contact Ron Young Insurance, which serves the entire state of California. Because this is a forced rate cut, and not a discount offered by the company, it can be paired with other discounts. Homeowners who also have auto insurance through Ron Young Insurance may be eligible or a multi-policy discount.

Like what you see so far? Let us know about it.Use the social media sharing tools on this page to help rate the article, share it with friends, or even provide us some feedback. Have suggestions for upcoming article topics? We want to know about those, too. After all... this is all for you!