Chevrolet takes top two truck spots with
Ford taking five spots in the top 10; Fiat is the most
budget-friendly SUV to insure with Honda taking four in the top
10
LOS
ANGELES, June 25, 2024 /PRNewswire/
-- Consumers continue to gravitate toward larger vehicles as
the 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.
Last year, SUVs accounted for 48% of global vehicle sales and
set a new record. This is part of a larger trend of larger and
heavier vehicles becoming more popular. By 2025, some experts
predict that the light truck segment, including SUVs, will make up
78% of sales.
Mercury's research and development team examined 2024 model-year
(MY) trucks and SUVs that are available at car dealerships today to
compile this list.
"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 and come in a variety of sizes to fit various lifestyles.
Mercury Insurance wants to educate consumers about which truck or
SUV might be the best fit for them and their families."
Here is the top 10 list for new 2024 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
- Dodge Ram 1500
* Tie for third place.
The top 10 list for new 2024 SUVs, also beginning with the most
affordable make and model to insure is:
- Fiat 500X
- Hyundai Santa Fe
- Honda Passport
- Honda Pilot
- Chevrolet Blazer
- Kia Sportage
- Honda CR-V
- Ford Escape
- Honda HR-V
- Kia Soul
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 ultra-competitive 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.
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SOURCE Mercury Insurance