Our research on the most popular 2023 Mercedes-Benz models showed that insuring a Mercedes costs about $2,540 annually, or $211 monthly. However, car insurance rates will vary depending on your personal details as well as the specific model and year of your Mercedes.
What does it cost to insure my Mercedes?
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There are several benefits to owning a luxury vehicle, such as the enhanced safety features, heightened comfort, and newer technology. However, luxury brands typically bring higher rates because they require more expensive repairs and replacement parts if you get into a covered accident. Since Mercedes-Benz is considered a luxury car brand, you may have higher insurance premiums for your Mercedes. Â
The specific model of your vehicle will also have an effect on what you pay for Mercedes car insurance. Typically, newer models and those with higher trim levels will be more expensive to insure. So, how can you be sure you’re getting the best rate for your Mercedes? We are here to help with that.
Based on our research of the most popular Mercedes Benz models, insuring your vehicle will cost around $2,540 per year on average.
Keep in mind that this is just an estimate and the exact price you will pay for Mercedes-Benz car insurance will change depending on aspects like the specific model and year of your car as well as your age, the state you live in, and your credit score.
The amount of coverage you are looking to get will also play a part in nailing down your rate. It’s important to compare rates from multiple car insurance companies so that you can be sure you’re not overpaying for your Mercedes-Benz car insurance.
Take our short quiz to compare rates side by side and get results in 30 seconds.
The exact Mercedes model you are insuring plays a huge part in determining your premium. According to sales data from GoodCarBadCar, the most popular Mercedes model is currently the Mercedes-Benz GLE-Class. While this model has an estimated annual premium that is higher than the average of $2,123, the price you’ll pay will vary depending on the specific year and trim level of your vehicle.
Model | Premium |
---|---|
Mercedes-Benz Sprinter 1500 | 2,058 |
Mercedes-Benz Sprinter 2500 | 2,073 |
Mercedes-Benz Sprinter 4500 | 2,123 |
Mercedes-Benz Sprinter 3500 | 2,136 |
Mercedes-Benz GLC/GLK-Class | 2,198 |
Mercedes-Benz GLE-Class | 2,536 |
Annual rates for a single 35-year-old male, estimated using public rate filings sourced from First Interpreter. Rates do not represent actual quotes. Accurate as of July 2023.Â
This model has an estimated annual premium of $2540 and it gets 22 combined miles per gallon.
One of the best ways to save money on car insurance is by researching different companies and finding the cheapest option in your area. Every car insurance company is different, so your rate at each one will vary. It is important to compare these companies side by side before making your final choice.
We have compiled a list of the best and cheapest car insurance companies for Mercedes below. It is important to note that, while these companies service large portions of the United States, they may not be available near you. Be sure to check your local insurance companies to ensure that you are getting the best rate.
Carrier | Premium |
---|---|
Progressive | 1,501 |
Nationwide | 1,588 |
USAA | 1,636 |
Geico | 1,769 |
Auto-Owners Insurance | 1,880 |
State Farm | 1,889 |
Travelers | 2,192 |
Allstate | 2,726 |
Farmers | 2,817 |
Annual rates for a single 35-year-old male, estimated using public rate filings sourced from First Interpreter. Rates do not represent actual quotes. Accurate as of July 2023.Â
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Personalized rate estimates at the top insurance companies in your state
Your rates will vary based on where you live, your age, and other factors like your driving record
Rate Retriever rates are based on public rate filings obtained by analytics company First Interpreter. This data comes from the rating plans insurance carriers submit to each state’s department of insurance. Rating plans detail how each carrier calculates premiums using factors such as location, age, gender, and driving record, and they ensure that insurance premiums are both fair and competitive.Â
For the data on this page, we made the following assumptions: a 35-year-old single male with a clean driving record and Good credit score. We adjusted this profile by vehicle make, model, trim, and year to determine the rates you see on this page.
These rates are not actual quotes and should only be used for comparative purposes. Your rates can vary significantly based on your unique driver profile.Â
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