Mercedes-Benz Insurance: What it Costs, and How to Save
The average cost of a full coverage insurance policy for a Mercedes is $375 per month. Expensive cars like Mercedes models are more expensive to insure because they cost more to repair and replace.
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Mercedes-Benz insurance cost by model
The cheapest Mercedes to insure is the GLA 250, at an average of $263 per month for a 30-year-old man with a clean driving history. The most expensive to insure is the AMG GT S, at $568 per month.
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Mercedes-Benz insurance cost by company
State Farm offers the cheapest rates for Mercedes-Benz vehicles, at an average of $171 per month for full coverage. That's less than half the overall average, $274 per month, and less than a third of the rate from the most expensive company, Allstate.
Cost to insure a Mercedes-Benz by company
Mercedes C300 insurance cost
The average cost for a policy for a new Mercedes C300 is $281 per month for a 30-year-old man. This is more than $94 cheaper than the overall average. Younger drivers pay a lot more for a full coverage policy, at an average of $1,113 per month for an 18-year-old.
Mercedes AMG GT S insurance cost
The Mercedes AMG GT S has the most expensive insurance. The average monthly rate for a 2021 model is $568 per month for a 30-year-old and $1,877 for an 18-year-old.
At a price of $118,600, the 2021 AMG GT S ranked as the second-most expensive Mercedes It fell behind the 2021 G 550, which has an MSRP of $131,750.
Mercedes GLA 250 insurance cost
With an average cost of $263 per month for a 30-year-old, the Mercedes GLA 250 offers the cheapest insurance out of all the models surveyed. This is $112 per month cheaper than the Mercedes average of $375. The average cost for an 18-year-old to insure a GLA 250 is $911 per month.
Mercedes CLA 250 insurance cost
The cost of insurance for a new Mercedes CLA 250 averages $311 per month for a 30-year-old, but rates varied by $79 across model years.
Mercedes GLC 300 insurance cost
The Mercedes GLC 300 has the second-cheapest insurance rates of the cars surveyed, at an average of $272 per month for a 30-year-old with the newest model. Drivers of a newer GLC 300 can expect to pay more, as there is a $66 monthly rate difference between a 2022 model and a 2016 model.
Mercedes GLE 350 insurance cost
On average, it costs a 30-year-old man $274 per month to insure a new Mercedes GLE 350. This makes insurance for the GLE 350 third cheapest. While the rates for a 30-year-old are very affordable, younger drivers will pay more, as the average rate for an 18-year-old is $856 per month.
Mercedes C63 AMG insurance cost
The average cost of insurance for a 2021 Mercedes C63 AMG is $433 per month for a 30-year-old. This is $58 more than the average overall. Full coverage averages $1,476 per month for an 18-year-old driver.
Mercedes G550 4MATIC insurance cost
The G550 4MATIC has an MSRP of over $130,000 and one of the highest insurance rates among Mercedes. The average insurance policy for a new G wagon is $475 per month for a 30-year-old and $1,498 per month for an 18-year-old.
Mercedes G 63 AMG insurance cost
The G 63 AMG is one of the most expensive Mercedes models and among the three most expensive to insure. The 2021 model has an average rate of $459 per month for a 30-year-old — cheaper than only the G550 4MATIC and AMG GT S.
Methodology
The rates are for a full coverage policy for a 30-year-old man and an 18-year-old man with the following limits:
The overall average includes the most recent models for which data is available. The average by company includes all available rates for 2021 and 2022 models.
This survey used insurance rate data from Quadrant Information Services. The rates were publicly sourced from insurance company filings and should only be used for comparative purposes. Actual quotes for these car models may differ from the estimates provided.
About the Author
Lead Writer
Matt Timmons is a Lead Writer on the insurance team at ValuePenguin, where he writes in-depth and timely pieces helping find the right coverage for them.
He's covered insurance at ValuePenguin since 2018, specializing in auto and home insurance, as well as life insurance. He's paid special attention to the EV insurance market, where prices are much higher than for gas cars.
Before he started writing about personal finance, Matt wrote about professional skills and online tools at an e-learning company.
How insurance helped Matt
During freshman orientation in college, Matt's iPod was stolen off his table while he was eating lunch. Luckily, he'd bought a college insurance plan the day before and he had money to buy a replacement before classes started.
Expertise
- Auto insurance
- Home insurance
- Insurance rate analysis
- Life insurance
Referenced by
- CNBC
- Miami Herald
- Yahoo! Finance
Education
- BA, Wesleyan University
Editorial Note: The content of this article is based on the author's opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.
