What to expect when insuring a Mercedes-Benz, and insurers that could cover you.
Mercedes-Benz cars ooze style, luxury and class. The company slogan: “The best or nothing” says it all. Many of its models have had a 5-star safety rating, so your Mercedes will give you safety as well as comfort. Nobody likes to overpay for their car insurance, so we’ve analysed rates, and you can compare quotes to find the best for you.
What’s the average insurance cost for a Mercedes-Benz?
The insurance on your Mercedes-Benz will be affected by the insurer you choose, the specific model you have, your driving history and your personal details, such as where you live. As a luxury brand, Mercedes-Benz prices its vehicles at a premium, and you’re likely to pay handsomely to insure yours.
The most common model on UK roads is the A-Class so we’ve used that to get some example quotes, to give you an idea. In our scenario, the average annual insurance cost of a Mercedes-Benz A-Class, the most popular model bought in the UK, was £775 a year or £93 in monthly payments for a fully comprehensive policy with no optional extras. Your actual cost could be more or less depending on your driving record, your annual mileage as well as other factors.
How does the model affect insurance costs?
Generally, the pricier the model, the higher the insurance premium because the car will be costly to repair or replace. Other factors that insurance companies consider when determining the cost of insurance include the car’s safety rating and its likelihood of being stolen. While the car’s safety rating works in your favour, the fact that it’s far more appealing to thieves unfortunately doesn’t.
Mercedes-Benz car facts
- Buying a Mercedes-Benz isn’t cheap. At the bottom of the manufacturer’s price range, the A-Class will set you back at least £22,850, the most common model purchased in the UK. And you’ll shell out 29,600 for a C-Class saloon, another popular model in the UK. At the upper end, you’ll find options like the S-Class saloon for £74,435 and the Maybach S-Class for £176,910.
- For the price you’ll pay, you’ll enjoy a highly secure ride. Over the years, Mercedes-Benz models have scored impeccable safety ratings from the European New Car Assessment Programme (Euro NCAP).
- Mercedes-Benz vehicles are targeted more frequently by car thieves in the UK, which can exacerbate insurance costs. In fact in 2017, the C-Class model was stolen more times than any other car in the UK according to Tracker, a leading stolen vehicle recovery specialist. The E-Class also seems to have some appeal with would-be thieves as this model was the fourth most commonly stolen car.
- You may want more than just third party cover for your pricey Mercedes-Benz, especially if it’s more likely to be targeted by criminals. Expanding your protection to third party fire and theft or comprehensive cover might be a better fit for your needs.
Other car brands you might want to see rates for
If you’d like to compare rates with other car brands, here are some you might be interested in: