Core Insights - Mercury Insurance has launched a new personal umbrella insurance policy in Virginia to provide additional protection against rising bodily injury claims, which have increased by 35% since the pandemic began [1][2]. Group 1: Product Offering - The new umbrella insurance policy offers enhanced coverage starting at just over $1.00 a day, aimed at protecting Virginians from unexpected accidents that could lead to significant out-of-pocket expenses [2][5]. - Key features of the updated umbrella product include increased liability coverage options, allowing policyholders to raise their coverage from $1 million to $2 million based on their needs [9]. Group 2: Market Context - The launch in Virginia marks the ninth state for Mercury's expanded insurance product, following previous launches in states such as California, Texas, and Florida [4]. - The trend of rising liability injury claims is prompting homeowners and auto owners to seek additional coverage beyond traditional policy limits [2][5]. Group 3: Company Background - Mercury Insurance operates in 11 states and offers a variety of insurance products, including personal auto, homeowners, and business insurance, through a network of over 8,000 independent agents [7][10]. - The company has been recognized for its competitive rates and excellent customer service, earning an "A" rating from A.M. Best and accolades from Forbes [11].

Mercury's New Umbrella Insurance Better Protects Floridians' Personal Wealth Against Bodily Injury Claims LOS ANGELES, Aug. 14, 2025 /PRNewswire/ -- Multi-vehicle crashes, dog bites or a delivery person being injured on your property are some of the unexpected events that are putting Floridians' personal financial health at risk. In fact, bodily injury payouts continue to climb year over year since the pandemic started, with the average amount for a liability claim increasing by 35%, according to Mercury In ...