Factors contributing to insurance costs include claims on similar vehicles, cost to repair and vehicle safety records
Los Angeles—Due to the growing demand for electric vehicles, particularly in California, Mercury Insurance has compiled a list of the most affordable new EVs to insure.
Factors contributing to insurance costs include claims on similar vehicles, cost to repair and vehicle safety records. Mercury’s research examined 2024 model-year EVs that are available at dealerships today to compile this list.
The top 10 list for new EVs, beginning with the most affordable make and model to insure is:
- Nissan Leaf
- Ford F-150 Lighting
- Kia Niro
- Hyundai IONIQ (all models)
- Volvo C40/XC40 Recharge
- Chevrolet Equinox EV
- Fiat 500e
- Subaru Solterra/Toyota BZ4X/Fisker Ocean Sport
- Volkswagen ID.4
- Genesis G80
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