Mercedes-Benz Insurance: What it Costs, and How to Save
Mercedes-Benz Insurance: What it Costs, and How to Save
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It’s no surprise that the cost to insure a luxury Mercedes-Benz vehicle can be expensive. Based on the eight models we analyzed for this survey, we found that the average cost of a full-coverage insurance policy for a Mercedes is $4,201 per year for our sample driver.
Cars that are higher in value, like Mercedes, tend to be more expensive to insure because they cost more to repair and replace.
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In comparison to other luxury car brands, the average cost of insurance for the eight Mercedes models we surveyed was $152 more compared to the eight BMW models we analyzed.
Mercedes-Benz insurance cost: by model
Of the eight models we surveyed, the cheapest Mercedes to insure with full coverage is the GLA 250. For a 30-year-old male with no previous incidents, the average cost to insure a Mercedes GLA 250 is $2,318 per year. The most expensive Mercedes model to insure is the AMG GT S, at $8,081 per year.
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It’s important to note that the cost of car insurance may vary significantly based on location, age and driver history. We recommend that you compare rates from multiple insurers to find the best deal.
Mercedes C300 insurance cost
Across the five model years we considered for this survey, the average cost for a car insurance policy for a Mercedes C300 is $3,653 per year for our 30-year-old male sample driver. This is $548 cheaper than the average of the eight models we surveyed. Younger drivers can expect to pay a lot more for a full-coverage policy, as we found the average cost to be $8,817 per year for an 18-year-old.
Year & Model | Annual cost for a 30-year-old | Annual cost for an 18-year-old |
|---|---|---|
| 2020 Mercedes C300 | $4,114 | $9,888 |
| 2019 Mercedes C300 | $3,864 | $9,292 |
| 2018 Mercedes C300 | $3,858 | $9,376 |
| 2017 Mercedes C300 | $3,403 | $8,196 |
| 2016 Mercedes C300 | $3,027 | $7,333 |
| Average | $3,653 | $8,817 |
Mercedes AMG GT S insurance cost
The Mercedes AMG GT S had the most expensive insurance rates out of all eight models surveyed. For our sample driver, we found that the average insurance cost for a Mercedes AMG GT S is $8,081 per year. The average cost to insure an 18-year-old comes in at $19,325 per year.
Year & Model | Annual cost for a 30-year-old | Annual cost for an 18-year-old |
|---|---|---|
| 2020 Mercedes AMG GT S | $9,666 | $23,239 |
| 2019 Mercedes AMG GT S | $9,058 | $21,748 |
| 2018 Mercedes AMG GT S | $8,143 | $19,354 |
| 2017 Mercedes AMG GT S | $7,039 | $16,876 |
| 2016 Mercedes AMG GT S | $6,498 | $15,409 |
| Average | $8,081 | $19,325 |
With an MSRP of $99,950, the 2020 AMG GT S ranked as the second-most expensive car we surveyed. It fell behind the 2020 G 550, which has an MSRP of $130,900.
Mercedes GLA 250 insurance cost
With an average cost of $2,318 per year for a 30-year-old, the Mercedes GLA 250 offers the cheapest insurance out of all the Mercedes models surveyed. This is $1,883 cheaper than the Mercedes average of $4,201 per year. The average cost for an 18-year-old to insure a GLA 250 is $5,838 per year.
Year & Model | Annual cost for a 30-year-old | Annual cost for an 18-year-old |
|---|---|---|
| 2020 Mercedes G550 4MATIC | $2,812 | $6,981 |
| 2019 Mercedes G550 4MATIC | $2,551 | $6,319 |
| 2018 Mercedes G550 4MATIC | $2,272 | $5,577 |
| 2017 Mercedes G550 4MATIC | $2,144 | $5,202 |
| 2016 Mercedes G550 4MATIC | $2,101 | $5,111 |
| Average | $2,318 | $5,838 |
Mercedes CLA 250 insurance cost
Our survey of quotes found that the average cost of insurance for the Mercedes CLA 250 is $3,436 per year for a 30-year-old, though insurance rates varied by $1,321 across model years.
Year & Model | Annual cost for a 30-year-old | Annual cost for an 18-year-old |
|---|---|---|
| 2020 Mercedes CLA 250 | $5,928 | $14,132 |
| 2019 Mercedes CLA 250 | $5,524 | $13,284 |
| 2018 Mercedes CLA 250 | $5,157 | $12,312 |
| 2017 Mercedes CLA 250 | $4,698 | $11,268 |
| 2016 Mercedes CLA 250 | $4,391 | $10,445 |
| Average | $3,436 | $8,338 |
Mercedes GLC 300 insurance cost
The Mercedes GLC 300 has the second-cheapest insurance rates out of the cars we surveyed, with an average cost of $2,601 per year for a 30-year-old. Drivers of a newer GLC 300 can expect to pay more, as there is a $552 difference between the cost to insure a 2020 model versus a 2016 model.
Year & Model | Annual cost for a 30-year-old | Annual cost for an 18-year-old |
|---|---|---|
| 2020 Mercedes GLC 300 | $2,865 | $7,008 |
| 2019 Mercedes GLC 300 | $2,716 | $6,638 |
| 2018 Mercedes GLC 300 | $2,708 | $6,672 |
| 2017 Mercedes GLC 300 | $2,404 | $5,820 |
| 2016 Mercedes GLC 300 | $2,313 | $5,604 |
| Average | $2,601 | $6,349 |
Mercedes GLE 350 insurance cost
On average, it costs a 30-year-old male $3,216 per year to insure a Mercedes GLE 350. This makes the GLE 350 the third-cheapest Mercedes to insure out of the models we surveyed. While the rates for a 30-year-old are very affordable, younger drivers can expect to pay more, as an 18-year-old has to pay on average $7,750 per year.
Year & Model | Annual cost for a 30-year-old | Annual cost for an 18-year-old |
|---|---|---|
| 2020 Mercedes GLE 350 | $3,677 | $8,888 |
| 2018 Mercedes GLE 350 | $3,218 | $7,792 |
| 2017 Mercedes GLE 350 | $3,049 | $7,325 |
| 2016 Mercedes GLE 350 | $2,917 | $6,993 |
| Average | $3,216 | $7,750 |
2019 model data not available
Mercedes C63 AMG insurance cost
Our survey found that the average cost of insurance for a Mercedes C63 AMG is $5,140 per year for a 30 year-old. This is $939 more than the average cost of insurance for the eight models surveyed. An average full-coverage policy costs $12,288 per year for an 18-year-old driver.
Year & Model | Annual cost for a 30-year-old | Annual cost for an 18-year-old |
|---|---|---|
| 2020 Mercedes C63 AMG | $5,928 | $14,132 |
| 2019 Mercedes C63 AMG | $5,524 | $13,284 |
| 2018 Mercedes C63 AMG | $5,157 | $12,312 |
| 2017 Mercedes C63 AMG | $4,698 | $11,268 |
| 2016 Mercedes C63 AMG | $4,391 | $10,445 |
| Average | $5,140 | $12,288 |
Mercedes G550 4MATIC insurance cost
Despite having the highest MSRP for the 2020 model, the Mercedes G550 4MATIC has a very similar insurance rate to the C63 AMG. The average cost of insurance for the G wagon is $5,162 per year for a 30-year-old, and $12,112 per year for an 18-year-old.
Unlike the majority of Mercedes we surveyed, the cost to insure a G550 4MATIC does not uniformly decrease for older year models. The most expensive G550 4MATIC to insure is the 2018 model.
Year & Model | Annual cost for a 30-year-old | Annual cost for an 18-year-old |
|---|---|---|
| 2020 Mercedes G550 4MATIC | $5,438 | $12,736 |
| 2019 Mercedes G550 4MATIC | $4,935 | $11,671 |
| 2018 Mercedes G550 4MATIC | $6,000 | $13,954 |
| 2017 Mercedes G550 4MATIC | $5,268 | $12,400 |
| 2016 Mercedes G550 4MATIC | $4,170 | $9,797 |
| Average | $5,162 | $12,112 |
Methodology
Our two sample drivers were a 30-year-old male and an 18-year-old male. The rates we used for this survey included a full-coverage policy with the following limits:
Coverage | Limits |
|---|---|
| Bodily injury liability | $50,000 per person/$100,000 per accident |
| Personal injury protection | $10,000 |
| Property damage liability | $25,000 per accident |
| Uninsured/underinsured motorist bodily injury | $50,000 per person/$100,000 per accident |
| Comprehensive and collision | $500 deductible |
Our survey used insurance rate data from Quadrant Information Services. The rates used were publicly sourced from insurer filings and should only be used for comparative purposes. Actual quotes for these car models may differ from the estimates provided.
Compare Mercedes-Benz to Other Manufacturers | |
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| $4,201 per year |
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