Two Hyundai products top this year's list
LOS
ANGELES, July 12, 2024 /PRNewswire-PRWeb/ --
Specific sedan models are once again some of the most affordable
vehicles to purchase and own, according to Mercury Insurance (NYSE:
MCY), a leading auto insurer in California. Announced today, Mercury has
compiled a list of the most affordable new sedans to insure. This
list was created with the goal of helping budget-conscious
consumers find a vehicle that will save them money on
insurance.
"Plenty of vehicles are known to have lower
repair costs, which means they could also cost less to insure.
Mercury has put together this list to help savvy consumers know
where the best savings can be found."
Factors contributing to insurance costs include claims on
similar vehicles, costs to repair and vehicle safety records.
Mercury's research and development team examined 2024 model year
(MY) sedans that are available at car dealerships today to compile
this list.
"One of the most important aspects when researching your ideal
vehicle 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. "Plenty of vehicles are known to
have lower repair costs, which means they could also cost less to
insure. Mercury has put together this list to help savvy consumers
know where the best savings can be found."
The top 10 list for new sedans, beginning with the most
affordable make and model to insure is:
- Chevrolet Spark
- VW Golf
- Hyundai Accent
- Toyota Prius Prime
- Mitsubishi Mirage
- Volvo S90
- Mazda 3
- Nissan Versa
- Hyundai Venue
- Kia K5
Headquartered in Los Angeles,
Mercury Insurance provides auto, homeowners and business insurance
through more than 4,700 employees and a network of more than 8,000
independent agents in 11 states.
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
http://www.MercuryInsurance.com or follow the company on Twitter or
Facebook.
Contact: PCG – Shane Smith (424)
903-3665 (ssmith@pacificcommunicationsgroup.com)
Media Contact
Shane Smith, Mercury Insurance,
(424) 903-3665, ssmith@pacificcommunicationsgroup.com, LOS ANGELES, Calif.
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SOURCE Mercury Insurance