Chevrolet takes top two truck spots with
Ford taking five spots in the top ten; Fiat is the most
budget-friendly SUV to insure with Honda having three in the top
ten
LOS
ANGELES, July 28, 2023 /PRNewswire/ -- Consumers
continue to gravitate towards larger vehicles as truck and SUV
segments dominate sales in the U.S., a trend that shows no signs of
slowing down. Mercury Insurance (NYSE: MCY), a leading personal and
commercial auto insurer in California, the car capital of the U.S., and
provider of auto insurance in 10 other states, has generated a list
of the most affordable new SUVs and trucks to help car-buyers find
a vehicle that will save them money on insurance.
Mercury's research and development team examined 2023 model year
(MY) trucks and SUVs that are available at car dealerships today to
compile this list1.
"The appeal of trucks and SUVs is that they can handle weekday
work commutes as well as weekend excursions," said Mercury
Insurance Director of Product Management R&D Chong Gao. "New models have fantastic fuel
economy for pickups and a variety of sizes to fit your lifestyle.
Mercury Insurance wants to let consumers know about which truck or
SUV might be the best fit for them and their families."
Here is the top-ten list for new 2023 trucks, beginning with the
most affordable make and model to insure:
- Chevrolet Colorado
- Chevrolet Silverado
- Ford Maverick
- Ford Ranger
- Hyundai Santa Cruz
- Toyota Tundra Crewmax
- Ford F350 Super Duty
- Ford F150
- Toyota Tacoma
- Ford F250 Super Duty
The top-ten list for new 2023 SUVs, also beginning with the
most affordable make and model to insure is the:
- Fiat 500X
- Hyundai Santa Fe
- Honda Passport
- Honda Pilot
- Jeep Cherokee
- Chevrolet Blazer
- Mazda CX-9
- Kia Sportage
- Honda CR-V
- Ford Escape
About Mercury Insurance
Mercury Insurance (NYSE: MCY) 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 ultracompetitive 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 or follow the company on Twitter or
Facebook.
1 Mercury Insurance developed the list based on full
coverage premium (BI, PD, COMP, COLL, MP, UMBI and UMPD) for a
hypothetical driver with average factors for each rating
element.
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SOURCE Mercury General Corporation