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Mercury Insurance has identified the most affordable new electric vehicles (EVs) to insure for 2024, aiding consumers in making informed decisions when purchasing an EV. The list highlights the top EVs based on factors such as claims on similar vehicles, repair costs, and safety records.
Key Highlights:
- Top affordable new EVs to insure
- Three Hyundai Motor Group products featured
- Importance of considering total cost of ownership
“One of the most important aspects when researching your ideal EV is to consider the total cost of ownership, in which insurance plays an important part,” said Chong Gao, Director of Product Management R&D for Mercury Insurance. “We realize that for many customers this may be their first time considering an EV and it helps to have as much information as possible.”
The top list for new EVs, beginning with the most affordable make and model to insure, is:
- Nissan Leaf
- Ford F-150 Lightning
- Kia Niro
- Hyundai IONIQ (all models)
- Volvo C40/XC40 Recharge
- Chevrolet Equinox EV
- Fiat 500e
- Subaru Solterra/Toyota BZ4X/Fisker Ocean Sport
- Volkswagen ID.4
Mercury Insurance, headquartered in Los Angeles, provides auto, homeowners, and business insurance through more than 4,700 employees and a network of over 8,000 independent agents in 11 states.
About Mercury Insurance
Mercury Insurance is a multiple-line insurance carrier predominantly offering personal auto, homeowners, renters, and commercial insurance 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 writes other lines of insurance in various states, including commercial, business owners and business auto, landlord, home-sharing, ride-hailing, and mechanical protection insurance.
Since 1962, Mercury has provided customers with tremendous value for their insurance dollar by pairing ultra-competitive rates with excellent customer service. Mercury has earned “A” ratings from A.M. Best and Fitch, as well as “Best Auto Insurance Company” designations from Forbes and Insure.com. For more information visit www.MercuryInsurance.com.
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