Mercury Names Most Affordable Models to Insure
Chevrolet takes top two truck spots, Ford has five spots in the top 10.
The Chevrolet Blazer is in the top 10 most affordable new 2023 SUVs to insure.
IMAGE: Chevrolet
Consumers continue to gravitate towards larger vehicles, truck and SUV segments dominating U.S. sales in a trend that shows no signs of slowing. Mercury Insurance, a 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 trucks and SUVs available at car dealerships today to compile the list.
"The appeal of trucks and SUVs is that they can handle weekday work commutes as well as weekend excursions," said Mercury 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.”
Here is the ranking of 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 10 new 2023 SUVs, also beginning with the most affordable make and model to insure:
Fiat 500X
Hyundai Santa Fe
Honda Passport
Honda Pilot
Jeep Cherokee
Chevrolet Blazer
Mazda CX-9
Kia Sportage
Honda CR-V
Ford Escape
Originally posted on Auto Dealer Today
More Industry
Autos More Appealing
Consumers gave new cars better scores again this year for design, performance and more as mass-market brands kept gaining on premium lineups, JD Power found in an annual poll.
Read More →
Used EVs Defy Overall Market
While the used-car market saw three months of price declines or stagnation, the used EV segment did the opposite – rising for three straight months.
Read More →
Gone to the Dogs
A Stellantis brand decided to have some fun with one of its SUVs’ design to address growing emphasis on family pets.
Read More →
OEM Poll Sees Industry Evolution
Kerrigan Advisors’ survey of automakers finds that tariffs, technology, network tightening and other factors are poised to reshape auto retail.
Read More →
Luxe N.C. Dealerships Change Hands
A collection of Italian and English brand franchises were handed off to the owner’s friend in the business and include the Carolinas’ only Ferrari retail stores.
Read More →
Exposure Drives Interest in Chinese Cars
At a recent demonstration, consumers had the chance to ride in a Chinese-branded vehicle, a firsthand experience that improved their perceptions and purchase intent.
Read More →
Automotive Consumers Sink Further in Debt
Most financing metrics hit records in the second quarter as more buyers locked themselves into long terms and high monthly payments.
Read More →
Agent Advocate
Rob Mancuso, who comes from a long line of auto dealers, values general agents’ place in the industry and makes a case for them taking an even bigger seat at the table.
Read More →
Driving Under Distraction
Though consumers gave higher marks to new vehicles in JD Power’s most recent initial-quality poll, high-tech interference worsened, pointing to craving for simplicity.
Read More →
Affordable New Cars a Thing of the Past
More than one out of five new vehicles sell for more than $60,000, according to Edmunds. That's up 7% compared to prepandemic 2019.
Read More →