Insuring 2025's new SUVs and pickup trucks could potentially be the most affordable options.
In the ever-growing market of trucks and sport utility vehicles, Mercury Insurance has unveiled its annual rankings of the most affordable options to insure for 2025. The list, compiled through extensive research into claims, repair costs, and vehicle safety records for 2025 and 2026 models available at dealerships nationwide, aims to help consumers make informed decisions, catering to various budgets and lifestyles.
Chong Gao, Mercury's director of Product Management R&D, underscores the diversity of this year's list, stating, "There's a lot of variety in this year's list for consumers with different budgets and lifestyles."
The key factors that influence insurance affordability, according to Mercury's research, are:
- Claims on similar vehicles: Vehicles with histories of fewer or less severe insurance claims typically cost less to insure.
- Repair costs: Models that are less expensive to fix after damage lower the insurer’s risk and thus premiums.
- Vehicle safety records: Vehicles with higher safety ratings and better crash protection reduce the likelihood or severity of injury claims, helping lower insurance costs.
This approach explains why models like the Chevrolet Colorado LT (top affordable truck) and the Hyundai Santa Fe (top affordable SUV) repeatedly appear at the top of Mercury’s list.
The list includes models from various brands such as Chevrolet, Hyundai, and Ford, demonstrating a broad range of options. The Hyundai Santa Fe and the Ford Maverick are also top picks in the list.
The annual rankings by Mercury Insurance include new SUVs as well, reflecting the growing trend of American consumers favouring trucks and sport utility vehicles. The list spans a wide range of models and budgets, aiming to keep the total cost of vehicle ownership manageable.
This comprehensive research by Mercury Insurance provides valuable insights for consumers seeking to balance affordability with the features they desire in their new truck or SUV.
- Consumers with an interest in trucks might find the Chevrolet Colorado LT, the top affordable truck on Mercury's list, appealing, given its affordability due to fewer claims, lower repair costs, and better safety records.
- In the home-and-garden sector, those looking for an affordable SUV could consider the Ford Maverick, as it falls within various budgets and lifestyles, aligning with Mercury's extensive research into insurance affordability factors.
- For those passionate about both lifestyle and the automotive industry, the Hyundai Santa Fe is a strong contender, standing out as the top affordable SUV on Mercury's list due to its appealing combination of insurance affordability, safety, and affordable repair costs.
- Shopping for a new car, individuals might find the annual rankings by Mercury Insurance beneficial, as these rankings cater to diverse budgets and lifestyles, encompassing a wide range of trucks and sport utility vehicles in the transportation sector.
