Compare and save on car insurance
Enter your ZIP code to see insurers near you.
Your information is secure.
Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure
Compare and save on car insurance
Enter your ZIP code to see insurers near you.
Your information is secure.
Move over, Tesla: Mercedes-Benz has entered the US all-electric vehicle market with the 2022 EQC 400 4matic, a fully electric luxury compact SUV. The EQC is the German luxury carmaker’s first of its kind in the all-electric vehicle family, comes in three trim packages and starts at an MSRP of $68,895. It shares some similarities with the GLC series, though the EQC is intended as a GLC upgrade.
The Mercedes-Benz EQC 400 4matic is an electric SUV that’s surprisingly reasonable to insure for a luxury vehicle — approximately $250 a month, or $3,000 a year — about double the average annual rate for most car models.
While the market is rapidly changing with the onset of electric vehicle options, the insurance on an EV is more expensive than gas-powered ones due to more expensive repairs, fewer qualified technicians and fewer EVs on the road. But these rates could fall as demand and supply increase, making EVs easier for more people to attain.
Enter your zip code to compare providers in your area.
Your information is secure
The Mercedes-Benz EQC 400 4matic could qualify for various vehicle discounts, but the exact ones will depend on the model you buy and your insurance company.
The US has yet to test the Mercedes-Benz EQC 400 4matic after it makes its US debut for the 2022 model. All results stated here are based on European data. The Euro NCAP gave the EQC a crash-test score of 5 stars — the maximum rating for safety.
The ERC 400 4matic is the newest member of the Mercedes-Benz family, set to launch in the US for the 2022 model year after a one-year delay. This five-passenger electric luxury SUV that’s comparable in size to the GLC delivers 402 total horsepower from two electric motors, with an estimated 0-60 acceleration of 5.1 seconds.
Mercedes claims the all-wheel-drive EQC will have a range of an estimated 200-plus miles based on European testing, a little bit behind its direct competitor the Tesla Model X that boasts a 300-mile range.
While there isn’t a lot of information available on standard safety features for the US, some key standard safety features in other world markets indicate the inclusion of the following as standard in the 2022 EQC:
The 2022 Mercedes-Benz EQC 400 4matic is an all-electric luxury compact SUV. The vehicle itself is priced lower than its competitors and good safety features help keep its insurance rates within reach, especially considering it’s an electric luxury vehicle.
Before settling on a new policy for your new EQC, be sure to compare different insurance companies to find the one with the best rates.
What’s the direct competition for the Mercedes-Benz EQC 400 4Matic?
The EQC competes in the luxury compact SUV market with the Jaguar I-Pace, the Audi E-Tron and the Tesla Model X. The EQC’s reported range might be slightly less, but it’s also priced less than any of these competitors.
What are the differences between the EQC and the GLC?
The differences between the EQC and GLC include more than exclusively how they’re powered. They share the same base platforms and are roughly the same size, but the EQC is built differently to accommodate its electric motor. It also has upgraded safety features and technology on the interior.
If the EQC and GLC are similar vehicles, why is the EQC more expensive to insure?
The EQC costs $67,900 compared to the GLC’s $42,500 price tag. This means that it will cost the insurance company more money to repair and replace. Also, electric vehicles typically have higher rates than gas-powered ones, so the insurance is more expensive.
Get the lowdown on 30+ automakers and what they have to offer.
Overseas service members and recent college grads may qualify for a special discount.
Get stats about driving a car in the US, from popular cars and electric vehicle trends to dangerous driving habits and the cost of insurance.
At prices that won’t break your budget and a range of different coverages to fit the needs of many Allstate Renters Insurance could have just what you need.