Hyundai and GM Products Dominate Mercury's Most Affordable EVs to Insure List

Mercury Insurance has released its list of the most affordable electric vehicles to insure for 2025 and 2026 model years. The top 10 EVs include Chevrolet Blazer EV, Chevrolet Equinox EV, Nissan Leaf, Kia Niro EV, Ford F-150 Lightning, Hyundai Kona EV, MINI Cooper SE, Hyundai IONIQ EV, Fiat 500e, and Subaru Solterra/Toyota BZ4X. Hyundai and GM products dominate the list, with two Chevrolets and three Hyundais making appearances.

Mercury Insurance (NYSE: MCY) has released its annual list of the most affordable electric vehicles (EVs) to insure for the 2025 and 2026 model years. The top 10 EVs, as determined by factors such as claims history, repair costs, and vehicle safety records, include the Chevrolet Blazer EV, Chevrolet Equinox EV, Nissan Leaf, Kia Niro EV, Ford F-150 Lightning, Hyundai Kona EV, MINI Cooper SE, Hyundai IONIQ EV, Fiat 500e, and Subaru Solterra/Toyota BZ4X. Notably, Hyundai and General Motors (GM) products dominate the list, with two Chevrolets and three Hyundais making appearances.

The list is particularly timely as federal EV tax credits are approaching expiration. Chong Gao, Director of Product Management R&D at Mercury Insurance, emphasized the relevance of the list, stating, "With federal EV tax credits set to expire in the near future, now is the time to get into an EV for consumers who are interested in one" [1].

Mercury Insurance has published this list for the 10th consecutive year, reflecting its commitment to helping budget-conscious consumers maximize insurance savings. The company's research and development team examined vehicles available at car dealerships today to compile this list. According to Gao, "EVs are still generally considered expensive to purchase, but there are benefits to owning one such as lower operating costs. And, if you choose a vehicle that's on this list, it could lower your insurance costs, too" [2].

Mercury Insurance, founded in 1962, is a multiple-line insurance carrier offering personal auto, homeowners, renters, and commercial insurance through a network of independent agents in multiple states. The company has earned an "A" rating from A.M. Best and has been recognized as the "Best Auto Insurance Company" by Forbes and Insure.com.

References:
[1] https://www.stocktitan.net/news/MCY/mercury-insurance-unveils-this-year-s-most-affordable-new-electric-6acc5jusah13.html
[2] https://www.marketscreener.com/news/mercury-insurance-unveils-this-year-s-most-affordable-new-electric-vehicles-to-insure-ce7c50d9dd8ef127