Mercury Insurance Gives Update on Primary Mission: Helping Policyholders Affected by the Southern California Wildfires

Rhea-AI Summary

Mercury Insurance (MCY) has launched comprehensive support initiatives for customers affected by the Los Angeles area wildfires. The company is actively disbursing additional living expenses and claims payment advances to impacted policyholders. Key support measures include:

- 24/7 claims filing access through online portal and hotline (800-503-3724)
- Personalized agent support
- Detailed claims guide and documentation checklist
- Mobile Claims Assistance Center at The Shops at Santa Anita, Arcadia

The company is participating in California Department of Insurance Workshops in Santa Monica (January 18-19, 2025) and Pasadena (January 25-26, 2025). Additionally, Disaster Recovery Centers have been established at UCLA Research Park West and Pasadena City College Community Education Center, operating from 9am to 8pm, where affected individuals can receive FEMA and LA County assistance.

Positive

• Proactive claims handling with immediate financial assistance disbursement
• Multiple support channels established (24/7 online portal, hotline, in-person centers)
• Partnership with California Department of Insurance for workshops

Negative

• None.

News Market Reaction

+3.94%

1 alert

+3.94% News Effect

On the day this news was published, MCY gained 3.94%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Company Stands With Californians as They Begin Their Rebuilding Efforts

LOS ANGELES, Jan. 17, 2025 /PRNewswire/ -- Mercury Insurance is providing comprehensive support to its customers impacted by the ongoing Los Angeles area wildfires. The company is prioritizing the timely handling of claims, providing immediate financial support, and helping insureds through the claims process.

• Immediate Payments: The company has already begun disbursing additional living expenses and claims payment advances to those affected by the fires.
• 24/7 Access to Claims Filing: Customers can easily file a claim through the online portal anytime, day or night. For those needing additional support, the claims hotline is available 24/7 at 800-503-3724.
• Personalized Agent Support: Customers who work with a Mercury agent can contact them for one-on-one assistance throughout the claims process.
• Claims Guide & Checklist: Mercury has provided a detailed step-by-step guide to walk customers through the entire claims process. They also have a helpful checklist for customers working to document the contents of their home.
• In-Person Assistance
  • Mercury Insurance Mobile Claims Assistance Center Pop-up: Mercury Insurance will have claims professionals on site at The Shops at Santa Anita, 400 S. Baldwin Ave., Arcadia, to help customers file claims and answer questions. Check the Mercury Insurance website and social media accounts for updates and availability.
  • California Department of Insurance Workshops: The Commissioner's Office will also host multiple insurance workshops in both Santa Monica and Pasadena, and Mercury will have staff in attendance. The workshops give affected insureds an opportunity to talk with Mercury claims professionals and staff from the CDI.
    • Santa Monica College
      Performing Arts Center East Wing
      1310 11^th Street
      Santa Monica, CA 90401
      Saturday, January 18^th, 2025: 10am to 5pm
      Sunday, January 19^th, 2025: 10am to 1pm
    • Pasadena City College
      1570 East Colorado Blvd.
      Pasadena, CA. 91106
      Saturday, January 25^th, 2025: 10am to 5pm
      Sunday, January 26^th, 2025: 10am to 1pm
  • Disaster Recovery Centers: The county is also hosting these DRCs, where fire survivors can get assistance with paperwork and get questions answered about relief from FEMA and LA County. Centers are open from 9am to 8pm.
    • Palisades Fire
      UCLA Research Park West
      10850 West Pico
      Los Angeles, CA. 90064
    • Eaton Fire
      Pasadena City College
      Community Education Center
      3035 East Foothill Blvd.
      Pasadena, CA. 91107

Follow Mercury Insurance on social media for updates on the California wildfires. 

About Mercury Insurance 

Headquartered in Los Angeles, Mercury Insurance (NYSE: MCY) is a multiple-line insurance carrier offering personal auto, homeowners, and renters insurance directly to consumers and through a network of independent agents in Arizona, California, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas and Virginia, as well as auto insurance in Florida. Mercury also writes business owners, business auto, landlord, commercial multi-peril and mechanical protection insurance in various states.

Since 1962, Mercury has provided customers with tremendous value for their insurance dollar by pairing ultra-competitive rates with excellent customer service, through nearly 4,100 employees and a network of more than 6,500 independent agents in 11 states. Mercury has earned an "A" rating from A.M. Best, as well as "Best Auto Insurance Company" designations from Forbes and Insure.com. For more information visit www.MercuryInsurance.com or follow the company on Twitter or Facebook.

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SOURCE Mercury Insurance

FAQ

What immediate financial support is Mercury Insurance (MCY) providing for wildfire-affected policyholders?

Mercury Insurance is providing immediate additional living expenses and claims payment advances to policyholders affected by the Los Angeles area wildfires.

Where are Mercury Insurance's (MCY) Disaster Recovery Centers located for the 2025 California wildfires?

The Disaster Recovery Centers are located at UCLA Research Park West (10850 West Pico, Los Angeles) and Pasadena City College Community Education Center (3035 East Foothill Blvd, Pasadena), operating from 9am to 8pm.

When and where are Mercury Insurance's (MCY) California Department of Insurance Workshops in January 2025?

The workshops are held at Santa Monica College PAC East Wing (January 18-19, 2025) and Pasadena City College (January 25-26, 2025).

How can Mercury Insurance (MCY) policyholders file wildfire claims in 2025?

Policyholders can file claims 24/7 through Mercury's online portal or by calling the claims hotline at 800-503-3724. They can also visit the Mobile Claims Assistance Center in Arcadia or work directly with their Mercury agent.