Answers: They're ok. It's more about the POLICY, and which endorsement you have on it, than in the region of the company. Mercury is an A+ rated shipper, so they're financially strong.
Very small, local, maybe regional company. IF it fail you will most likely be covered below your State's reserve pool. You're better off buying from a much larger shipper, even if it takes for a while more cash. Chances are, the apology premiums might be lower is that they have much lower limitations of coverage for jewelry, guns, tools and the like. Check to trade name sure you are buying replacement value coverage as challenging ACV (Actual Cash Value, or depreciated value) coverage. In Homeowner's Insurance, you almost always go and get what you pay for.