Mercedes Auto Insurance: How Much Does It Cost?

Owning a Mercedes-Benz is a symbol of luxury and performance, and insurance rates for these vehicles tend to be higher than the average cost of insurance for other types of vehicles. The average insurance cost for a Mercedes-Benz is $2,590 per year, according to Insurance.com, but this can vary depending on the model, a driver's history, location, and other factors. For example, the average cost to insure a new Mercedes GLA 250 is $3,153 per year for a 30-year-old man with a clean driving history, while the average cost to insure a 2021 Mercedes AMG GT S is $6,818 per year for the same demographic. The cheapest insurer for many Mercedes models is GEICO, which offers annual premiums of less than $800 for models like the C-Class, E-Class, and G-Class. State Farm is another affordable option, with average rates of $2,166 per year for full coverage.

The average cost of a full-coverage insurance policy for a Mercedes is $4,505 per year

The cost of insuring a Mercedes is largely due to the high price tag of the car itself. As a luxury vehicle, it is expensive to repair or replace, which is reflected in the insurance costs. Additionally, the price of parts for a Mercedes is usually higher than for other vehicles, and some parts may need to be shipped from overseas, further increasing repair costs.

The theft rate of a Mercedes can also impact the insurance cost. While they are not the most commonly stolen vehicles, older models are certainly not immune to theft, and cars that are more prone to theft are generally more expensive to insure.

Safety features can help to offset the cost of insurance. Mercedes vehicles typically come with advanced safety features such as automatic collision braking systems and adaptive cruise control. These features can help to reduce the cost of insurance by decreasing the likelihood of an accident.

Location also plays a significant role in determining insurance rates. The cost of Mercedes car insurance will vary depending on the city and state where the car is registered.

Personal factors, such as the driver's age, gender, credit history, and driving record, can also impact the cost of insurance.

It is important to note that these rates are averages and that insurance costs can vary depending on specific circumstances and the insurance company. Shopping around and comparing quotes from different providers can help find more competitive rates.

The cheapest Mercedes to insure is typically the GLC mid-size SUV

The cost of insuring a Mercedes-Benz depends on a variety of factors, including the car insurance group, the driver's personal circumstances, and the chosen insurance provider. The insurance group of a car is determined by factors such as the car's value, safety rating, and likelihood of being stolen. Generally, the higher the insurance group, the more expensive the car is to insure.

The GLC's insurance cost is influenced by its safety features and low likelihood of being stolen, which help balance out the cost of insuring this luxury vehicle. Additionally, the GLC's four-wheel drive and range of engine options provide added traction and fuel economy, respectively, which can also impact insurance costs.

When insuring a Mercedes-Benz, it is important to shop around and compare quotes from different insurance providers, as rates can vary significantly. The chosen insurance provider can make a substantial difference in the cost of coverage. For example, GEICO offers annual premiums of less than $800 for certain Mercedes models, while Safeco's rates can exceed $4,000 per year for the same models.

Other factors that can impact the cost of insuring a Mercedes include the driver's age, driving history, and location. Younger drivers and those with a history of accidents or violations can expect to pay more for their insurance. Additionally, insurance costs can vary by state and even by ZIP code, with certain areas having higher or lower rates based on factors such as accident rates and the cost of repairs.

Overall, while insuring a Mercedes-Benz can be more expensive than the average vehicle due to the higher value of the car, there are ways to mitigate the costs. Comparing insurance providers, choosing a model with good safety features and a low theft rate, and considering factors like overnight parking and additional security features can all help to reduce the cost of insuring a Mercedes-Benz, including the GLC mid-size SUV.

The most expensive Mercedes model to insure is the AMG GT S

The cost of insurance for a Mercedes-Benz is higher than average due to the high purchase price of the car, which means it is more expensive to repair or replace. The most expensive Mercedes model to insure is the AMG GT S, which costs $6,818 per year for a 30-year-old. This is significantly higher than the average cost of $4,505 per year for a full-coverage insurance policy for a Mercedes. The high cost of insuring the AMG GT S is due to its high price tag of $118,600, making it the second-most expensive Mercedes model.

The AMG GT S is also one of the most expensive cars to insure when compared to other Mercedes models. For example, the average cost to insure a new Mercedes GLA 250 is $3,153 per year for a 30-year-old man with a clean driving history, which is significantly cheaper than the AMG GT S. The GLA 250 is the cheapest Mercedes model to insure.

The cost of insuring a Mercedes can also vary depending on the driver's age. For example, the average cost to insure a 2021 AMG GT S for an 18-year-old is $22,524 per year, which is much higher than the cost for a 30-year-old. Additionally, the cost of insurance can vary depending on the driver's location, driving history, and other factors.

When it comes to finding affordable insurance for a Mercedes, it is recommended to shop around and compare quotes from different insurance companies. For example, GEICO offers annual premiums of less than $800 for some Mercedes models, while Safeco has rates of over $4,000 per year for the same models. State Farm also offers cheap coverage for Mercedes, with an average cost of $2,166 per year for full coverage.

The average insurance cost for a Mercedes, combining all models, is $3,034 per year for 40-year-old drivers

The average insurance cost for a Mercedes-Benz varies depending on the model of the car, the driver's profile, and other factors. According to Insurance.com, the average insurance cost, combining all models of Mercedes, is $3,034 per year for 40-year-old drivers. However, other sources provide different estimates for the average insurance cost for a Mercedes. For example, ValuePenguin reports that the average cost of a full-coverage insurance policy for a Mercedes is $4,505 per year, while The Zebra estimates the average annual premium at $2,639.

The cost of insuring a Mercedes can be influenced by various factors, such as the model year, engine size, safety features, and location. The price of parts, the theft rate, and personal factors like age, gender, and driving record can also impact the insurance rates. Additionally, the class and type of vehicle play a role in determining insurance rates, with the S-class vehicles typically being costlier to insure than the A-Class.

When it comes to specific models, the cheapest Mercedes to insure is generally reported to be the GLA 250, with an average annual cost of around $3,153 for a 30-year-old male driver with a clean driving history. On the other hand, the most expensive Mercedes model to insure is typically the AMG GT S, with an average annual cost of around $6,818.

It is worth noting that insurance rates can vary significantly between different insurers. Progressive and State Farm are often mentioned as offering competitive rates for Mercedes-Benz insurance, while GEICO is known for providing affordable rates for specific models such as the C, E, and G-Class.

The average cost of insuring a Mercedes-Benz in 2019 was $2,349 annually

The make and model of the vehicle also play a significant role in determining insurance rates. For example, the cheapest Mercedes model to insure is typically the GLC SUV, while the most expensive is the AMG GT S. The class of the vehicle is also a factor, with S-class vehicles usually costing more to insure than A-class vehicles.

Location is another important consideration, with insurance rates varying by state and even between different neighbourhoods in the same city. Maine is typically the cheapest state for Mercedes-Benz drivers, while Washington, D.C., is the most expensive.

Personal factors, such as age, gender, credit history, and driving record, can also impact insurance rates, depending on the insurance laws of the state. For instance, younger drivers can expect to pay more for full-coverage insurance than older drivers with clean driving histories.

It is worth noting that insurance rates for Mercedes-Benz vehicles can vary across different insurance providers, so shopping around and comparing quotes can help find the best rates. Additionally, certain security features, such as alarm systems, and safe parking locations, like garages, can help reduce insurance costs.

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