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

Compare Mercedes insurance costs by model and insurance company:

Compared to other luxury car brands, Mercedes is often more expensive. The average cost of insurance for the Mercedes models we surveyed was $456 per year more compared to BMW models.

Mercedes-Benz insurance cost by model

Of the nine 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 new Mercedes GLA 250 is $3,153 per year. The most expensive Mercedes model to insure is the AMG GT S, at $6,818 per year.

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That the cost of car insurance may vary based on location, age and driver history. We recommend that you compare rates from multiple insurers to find the best deal.

Mercedes-Benz insurance cost by company

State Farm offers the cheapest coverage for Mercedes-Benz vehicles, at an average of $2,166 per year for full coverage. That's less than half the overall average, $4,133 per year, and less than a third of the most expensive insurer, Progressive.

Cost to insure a Mercedes-Benz by company

Mercedes C300 insurance cost

The average annual cost for a car insurance policy for a new Mercedes C300 is $3,901 per year for a 30-year-old man. This is more than $500 cheaper than the overall average we found. Younger drivers can expect to pay a lot more for a full-coverage policy, as we found the average cost to be $13,352 per year for an 18-year-old.

Mercedes AMG GT insurance cost

The Mercedes AMG GT had the most expensive insurance rates we found. The average insurance cost for a 2021 Mercedes AMG GT S is $6,818 per year for a 30-year-old. The average cost to insure an 18-year-old comes in at $22,524 per year.

With an MSRP of $118,600, the 2021 AMG GT ranked as the second-most expensive car we surveyed. It fell behind the 2021 G 550, which has an MSRP of $131,750.

Mercedes GLA 250 insurance cost

With an average cost of $3,153 per year for a 30-year-old, the Mercedes GLA 250 offers the cheapest insurance out of all the Mercedes models surveyed. This is $1,352 per year cheaper than the Mercedes average of $4,505 per year. The average cost for an 18-year-old to insure a GLA 250 is $10,934 per year.

Mercedes CLA 250 insurance cost

Our survey of quotes found that the average cost of insurance for a new Mercedes CLA 250 is $3,733 per year for a 30-year-old, though insurance rates varied by $950 across model years.

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 $3,259 per year for a 30-year-old with the newest model. Drivers of a newer GLC 300 can expect to pay more, as there is a $791 difference between the cost to insure a 2022 model versus a 2016 model.

Mercedes GLE 350 insurance cost

On average, it costs a 30-year-old male $3,287 per year to insure a new 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 $10,276 per year.

Mercedes C63 AMG insurance cost

Our survey found that the average cost of insurance for a 2021 Mercedes C63 AMG is $5,190 per year for a 30-year-old. This is $685 more than the average overall. An average full-coverage policy costs $17,711 per year for an 18-year-old driver.

Mercedes G550 4MATIC insurance cost

The Mercedes G550 4MATIC has an MSRP of more than $130,000 and one of the highest insurance rates we found among Mercedes. The average cost of insurance for a new G wagon is $5,697 per year for a 30-year-old, and $17,970 per year 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 $5,190 per year for a 30-year-old, cheaper than only the G550 4MATIC and AMG GT.

Methodology

Our two sample drivers were a 30-year-old man and an 18-year-old man. The rates we used for this survey included a full-coverage policy with the following limits:

Overall average includes the most recent models for which data is available. Average by company includes all available rates for 2021 and 2022 models.

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.