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Consumer Watch: Most affordable new trucks and SUVs to insure

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 having three in the top 10

Los Angeles—Consumers continue to gravitate toward larger vehicles as truck and SUV segments dominate sales in the U.S., a trend that shows no signs of slowing down. Mercury Insurance has generated a list of the most affordable new SUVs and trucks to help car-buyers find a vehicle that will save on insurance.

Mercury’s research and development team examined 2023 model year trucks and SUVs that are available at car dealerships today to compile a 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 for pickups and a variety of sizes.”

Here is the top 10 list for 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 list for 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

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