Compare Mercedes Car Insurance Rates [2023]
Mercedes offers numerous luxury vehicles to fit drivers' needs. Mercedes car insurance varies by driver characteristics and vehicle model, and cars that are costly to repair come with higher insurance rates.
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Written by
Laura Berry |
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Reviewed by
Joel Ohman
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UPDATED: Mar 1, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance company and cannot guarantee quotes from any single company.
Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from top car companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
UPDATED: Mar 1, 2023
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance company and cannot guarantee quotes from any single company.
Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from top car companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
- Mercedes is a luxury brand with higher repair and replacement costs than other vehicles
- The vehicle model also affects car insurance rates, since cars with a higher MSRP have increased insurance rates
- Experts recommend full coverage to pay for costly repairs, and some lenders may require it
The Mercedes brand offers numerous luxury vehicles that can be expensive to own and insure. While some models come with affordable car insurance rates, models that are costly to repair see significantly higher rates.
In addition, personal factors, such as age and driving record, dramatically impacts your rates. So before you buy, shop around to find the best auto insurance for Mercedes-Benz with the cheapest rates.
Keep reading to learn more about Mercedes car insurance and how the vehicle’s model affects your rates.
How much is car insurance for a Mercedes?
A car’s make and model impact insurance rates. Mercedes is a luxury car manufacturer, so car insurance rates are higher than for less-expensive vehicles. In addition, there is a significant cost difference between specific Mercedes models. Since these cars cost more to repair, auto insurance companies charge higher rates.
This table shows the average monthly car insurance rates for various Mercedes models.
| Car Model | Monthly Insurance Rates |
|---|---|
| Mercedes-Benz GLA 250 | $263 |
| Mercedes-Benz GLC 300 | $272 |
| Mercedes-Benz GLE 350 | $274 |
| Mercedes-Benz CLA 250 | $311 |
| Mercedes-Benz C300 | $325 |
| Mercedes-Benz C63 AMG | $433 |
| Mercedes-Benz G63 AMG | $459 |
| Mercedes-Benz G550 4Matic | $475 |
| Mercedes-Benz AMG GT | $568 |
The Mercedes-Benz E300 is the least expensive model to insure, and the S450 electric model is the most costly.
So, even within the Mercedes brand, some models are more expensive to buy and insure.
How are Mercedes car insurance rates calculated?
Luxury car insurance rates are significantly higher than rates for standard vehicles. The car’s model affects insurance rates since MSRPs and vehicle types vary. For example, sports cars and large SUVs typically have higher insurance rates than sedans.
In addition, other factors affect the cost of car insurance. Your age, driving record, coverage, and ZIP code significantly impact your rates. For example, even if your model’s average Mercedes auto insurance rates are low, a bad driving record can dramatically increase rates.
Young drivers’ car insurance rates can be much higher than car insurance rates for adults. So, a young driver insuring a high-end Mercedes pays much more than an adult with a clean driving record.
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How much is it to insure a Mercedes by model?
Using a Mercedes-Benz insurance premium calculator helps you determine how much you can pay for coverage. However, you’ll need to know which model you want.
Remember, insurance rates vary significantly by model. For example, a Mercedes Maybach car insurance are very expensive. These high-end luxury cars can cost thousands of dollars a year to insure.
Now, let’s dive into some Mercedes models to give you an idea of how much car insurance varies by model.
Mercedes C300
The Mercedes C300 is the least expensive model on our list to insure. However, car insurance rates are still above average for this sedan.
This table shows the average monthly car insurance rates for a Mercedes C300 by model year.
| Model Year | Monthly Insurance Rates |
|---|---|
| 2022 Mercedes C300 | $325 |
| 2021 Mercedes C300 | $311 |
| 2020 Mercedes C300 | $300 |
| 2019 Mercedes C300 | $296 |
| 2018 Mercedes C300 | $283 |
| 2017 Mercedes C300 | $272 |
While liability car insurance coverage is only around $37 a month, it doesn’t include coverage to pay for damages to your Mercedes. Full coverage car insurance is about $165 a month. Remember that you may be required to carry full coverage if you have a car loan or lease.
Mercedes GLA 250
The car insurance rates for a Mercedes GLA 250 are slightly higher than rates for the C300. However, the GLA 250 is an SUV, which typically comes with higher insurance rates. Full coverage car insurance for the GLA 250 is around $170 a month.
Mercedes GLC 300
The Mercedes GLC 300 is a more expensive SUV model, so insurance rates are also higher than the GLA 250.
Full coverage auto insurance costs around $174 monthly for the GLC 300.
Mercedes CLA 250
The Mercedes CLA 250 is a coupe, and, as a sports car, car insurance rates are generally more expensive. The CLA 250 is the second most expensive model on our list to insure.
| Model Year | Monthly Insurance Rates |
|---|---|
| 2022 Mercedes CLA250 | $311 |
| 2021 Mercedes CLA250 | $298 |
| 2020 Mercedes CLA250 | $288 |
| 2019 Mercedes CLA250 | $263 |
| 2018 Mercedes CLA250 | $253 |
Full coverage for the CLA 250 is around $178 monthly. It’s also important to remember that multiple versions of each model exist. For example, the CLA 250 4MATIC Coupe is more expensive and has higher insurance rates.
Mercedes GLE 350
The Mercedes GLE 350 is the most expensive model on our list. While this is also an SUV, the MSRP is higher than the GLA 250 and the GLC 300.
| Model Year | Monthly Insurance Rates |
|---|---|
| 2022 Mercedes GLE350 | $273 |
| 2021 Mercedes GLE350 | $283 |
| 2020 Mercedes GLE350 | $276 |
| 2018 Mercedes GLE350 | $262 |
| 2017 Mercedes GLE350 | $250 |
As the most expensive Mercedes model on our list, full coverage car insurance for the GLE 350 is around $189 a month.
How can you save on Mercedes car insurance?
While Mercedes auto insurance rates can be expensive, there are ways to get the lowest rates possible.
First, consider your policy. While most Mercedes owners need full coverage, they can raise their deductibles to get lower rates. The deductible is what you have to pay before your insurance kicks. Although a higher deductible means lower rates, it increases the amount you have to pay out of pocket if your car gets damaged.
Next, add car insurance discounts to get lower rates. Insurance companies offer various discounts based on the driver, policy, and vehicle. For example, Mercedes models have excellent safety ratings and numerous safety features, such as lane assist. So, Mercedes drivers can take advantage of multiple safety feature discounts.
In addition, drivers can participate in their insurance company’s telematics program. Most large insurers use telematics to monitor driving habits like hard braking and offer a discount based on safe driving.
Improving your personal factors also lowers rates. For example, most states remove infractions from your driving record in three to five years. So, avoid adding more accidents and tickets to lower your car insurance rates.
Finally, compare coverages, rates, and discounts from multiple car insurance companies to find the best Mercedes coverage. Each insurer calculates rates differently, so shop around to find the best deal for you.
What is Mercedes-Benz Financial Services?
Mercedes-Benz Financial Services (MBFS) provides numerous services for Mercedes owners. MBFS offers finance, insurance, and lease services. For example, MBFS partnered with Liberty Mutual to provide specialized insurance.
In addition, drivers can make payments and manage their accounts from an app.
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Mercedes Car Insurance: The Bottom Line
Mercedes car insurance is more expensive than average. However, rates depend on the driver and the vehicle model. Cars with a higher MSRP and are costly to repair have higher insurance rates than less expensive models.
Mercedes drivers can save on car insurance by adding discounts, participating in telematics programs, and keeping a clean driving record.
The best way to find affordable Mercedes car insurance is to shop around. Each insurance company charges different rates, so compare multiple companies to find your best deal.
Frequently Asked Questions
Is Mercedes-Benz insurance expensive?
Compared to non-luxury cars, Mercedes car insurance is expensive.
Drivers can find cheap insurance for Mercedes-Benz by shopping around. Compare multiple insurance companies to find the most affordable coverage.
What is the car insurance price for Mercedes?
Full coverage car insurance for a Mercedes costs around $200 a month. However, rates vary by model and driver factors such as age, driving record, and ZIP code.
Is Mercedes a luxury car?
Yes, Mercedes is considered a luxury vehicle. While other brands may have luxury models, every Mercedes model is a luxury vehicle. All Mercedes models include high-end interiors and upgraded technology, and safety features.
Free Car Insurance Comparison
Enter your ZIP code below to view companies that have cheap car insurance rates.
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Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
|
Written by
Laura Berry |
|
Reviewed by
Joel Ohman
|