Here are the top 10 most affordable EVs and hybrids to insure — SkimNews
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- Mercury Insurance released a ranking of the "10 most affordable new 2026 model year electric and hybrid vehicles to insure," based on internal analysis of model years 2025 to 2027.
- Hybrids accounted for eight of the 10 spots, while the Chevy Blazer EV ranked second and the Chevy Equinox EV placed ninth.
- Chong Gao, Mercury Insurance's Director of R&D, said understanding insurance costs before purchase can help drivers choose a vehicle that fits both their transportation needs and budget.
- The National Association of Insurance Commissioners (NAIC) found that electric cars cost $49 more per month to insure than SUVs.
- The Highway Loss Data Institute (HLDI) reported that EVs have had lower claim frequencies than comparable gas-powered vehicles, and the difference in average total-loss payments between EVs and gas-powered vehicles continues to narrow.
- Mercury noted that insurance costs for EVs and hybrids are driven by the same factors as gas cars, including repair costs, replacement parts, safety technology, and historical claims.
Why it matters: Insurance cost is a frequently overlooked line item for EV and hybrid shoppers, and Mercury's analysis gives budget-conscious buyers a concrete starting point — with eight of 10 cheapest-to-insure vehicles being hybrids, drivers seeking low premiums have far more hybrid options than pure EVs to choose from for 2026.
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