Cheap auto insurance doesn’t mean you have to compromise on quality. You just need to know where to look and what to look for in an auto policy. Savvy auto insurance customers can benefit from the regular price adjustments and the introduction of new discounts by an auto insurance carrier, if they shop. So, are you getting the best value at the best price?
How much it costs to repair or replace your vehicle is factored into your rate and there are vehicles that are cheaper to insure than other cars or trucks. So, shopping for a new car doesn’t necessarily mean breaking the bank, however - some vehicles will even save car shoppers money on their auto insurance, as shown on the following top-10 lists.
We’ve developed four lists comprised of the cheapest cars or trucks to insure, to fit the needs of car shoppers in the market for a crossover or SUV, a minivan or sedan, a hybrid or all-electric vehicle, a vehicle for you or a teen. The lists were created based on Mercury’s price for full coverage - liability, comprehensive and collision. Other factors, such as a driver’s experience and accident history, can push the rate up or down, but were not included in any of the rate calculations. Each list begins with the cheapest vehicle to insure.
We examined the top 100 make and model combinations for 2018 vehicles to compile a list of the cheapest vehicles to insure. Four of the top six spots are held by crossovers and SUVs.
|5||MINI Cooper Countryman|
This most affordable "green" vehicles to insure list includes the top 200 make and model combinations for 2016 hybrid, plug-in hybrid, hydrogen, electric vehicle, partial zero emissions vehicles (PZEV) and ultra-low emissions vehicles (ULEV).
|2||Ford Fiesta SFE|
|4||MINI Cooper Countryman|
|7||Toyota Highlander Hybrid LE Plus|
|9||Ford Focus Electric FWD|
|10||Toyota RAV4 LE/XLE|
Electric vehicles have come a long way, as the market has seen a steady stream of new models that you can purchase. Did you know that Mercury Insurance was named by NerdWallet as the least expensive insurance provider for electric vehicles (EVs)? The following list includes the cheapest 2017 pure electric vehicles to insure.
|2||Kia Soul EV|
|5||Smart ForTwo Electric Drive|
|7||Ford Focus Electric|
|8||Hyundai IONIQ Electric|
|10||Tesla Model 3|
The National Highway Traffic Safety Administration's (NHTSA) 5-Star Safety Ratings Program provides consumers with information about the crash protection and rollover safety of new vehicles, with more stars equaling safer cars. We examined 2016 model year vehicles for which ratings are available to compile the list of most affordable to insure for teen drivers.
|Rank||Vehicles for Teen Drivers|
|4||Honda CR-V LX|
|6||Hyundai Elantra GT|
|7||VW Golf Sportwagen SW|
|10||Honda HR-V EX|
The price you pay for car insurance depends on a number of factors, which can vary from state to state. However, there may be changes you can make to get the most affordable auto insurance rate without taking drastic measures:
Some of these factors may not apply to you or your state. Speak to a Mercury agent to confirm which ones can affect your insurance rates.
Auto liability insurance is required by law in almost every state. The minimum coverage would pay for injuries and damages to the other vehicles involved in a car crash. Drivers can avoid fines and penalties by buying insurance that meets the minimum coverage limits required by states.
This coverage pays for injuries to other people when you’re driving and are legally at fault.
This coverage pays for damage to someone else’s property caused by the insured’s vehicle.
|States where Mecury Inurance Operates||Min. for Bodily Injury
|Min. for Bodily Injury
|Min. for Property Damage|
Utilizing an independent automobile insurance comparison tool from the California Department of Insurance, drivers that switch to Mercury save an average of $7692.
|CARRIERS||AVERAGE 6-MONTH MERCURY SAVINGS|
2Savings info. based on 2019 CA Department of Insurance rate comparison profile 38B. Individual savings may vary.