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Mercury Insurance seeks to offer cheaper wildfire coverage in California using new modeling.
Mercury Insurance plans to file new home insurance rates in California, aiming to offer more affordable coverage in wildfire-prone areas using a new catastrophic modeling system.
This move is an alternative to the California FAIR Plan, which has seen significant rate increases.
Mercury is the only provider currently seeking approval for new rates from the California Department of Insurance.
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Mercury Insurance busca ofrecer una cobertura de incendios forestales más barata en California utilizando un nuevo modelo.