Mercury Insurance Lists Affordable EVs to Insure

Mercury Insurance, a leading auto insurer in California, has released its annual list of the most affordable electric vehicles (EVs) to insure for 2025 and 2026 model years. This marks the 10th year Mercury has compiled this list, aimed at helping budget-conscious consumers maximize insurance savings while transitioning to electric vehicles. Despite a slower shift to electrification in the automotive industry, experts agree EVs remain a key part of the future, making this list particularly relevant for cost-savvy buyers.

• Top Affordable EVs: The list features vehicles like the Chevrolet Blazer EV, Chevrolet Equinox EV, and Nissan Leaf as the most cost-effective to insure.
• Factors Impacting Costs: Insurance costs are influenced by claims history, repair costs, and vehicle safety records.
• Timely Savings: With federal EV tax credits nearing expiration, these EVs offer a chance to reduce the total cost of ownership.
• Hyundai and GM Dominate: Three Hyundai Motor Group products and two General Motors vehicles made the list.
• Mercury’s Expertise: With over 60 years of experience, Mercury Insurance provides competitive rates and excellent customer service.

Mercury’s research and development team evaluated vehicles available at dealerships, focusing on factors that drive insurance costs. These include the frequency of claims for similar models, the cost of repairs, and the safety records of the vehicles. According to Chong Gao, Director of Product Management R&D at Mercury Insurance, choosing an EV from this list can lower insurance expenses, complementing the lower operating costs of electric vehicles compared to traditional gas-powered cars.