Who is Mercedes-Benz?
It's one of the most recognisable car brands in history. German manufacturer Mercedes-Benz was formed in 1926, but its roots go back even further, with Karl Benz creating the first petrol-powered car in 1886.
Safety, quality and innovation are the core principles of the brand. In the 1950s, they invented the crumple zone to protect drivers and passengers and consequently led the way in vehicle safety. And now, the fastest road cars in the world are produced by them.
How Much Does a Mercedes-Benz Cost to Insure?
There's no black-and-white answer to how much it costs to insure a Mercedes-Benz. This is because certain considerations influence the cost of your insurance cover and how much you'll need to pay. These include the model of your vehicle, your age, mileage, and other factors. In the table below, you'll find a breakdown of the average prices Mercedes-Benz drivers might expect to pay on certain models.
| Model | Average Price |
|---|---|
| Mercedes-Benz C Class | £772 |
| Mercedes-Benz A Class | £671 |
| Mercedes-Benz B Class | £744 |
| Mercedes-Benz G Class | £1,113 |
| Mercedes-Benz GLA Class | £931 |
| Mercedes-Benz GLE | £1,071 |
| Mercedes-Benz S Class | £1,150 |
| Mercedes-Benz SLK | £2,233 |
How Can I Get Cheaper Mercedes-Benz Insurance?
Because of its premium brand status and higher value, cheap Mercedes-Benz insurance will be harder to come by than for other car brands. But we've got a few tips to help you.
- Build a no-claims discount: If you have any no-claims bonus, then use it to your advantage. When you request a quote for car insurance, providers assess how risky you are as a driver. By supplying your no-claims discount you prove that you haven't yet had to make a claim on your car insurance. That'll work in your favour by allowing you to access cheaper insurance deals.
- Consider a telematics policy: Consider telematics insurance. As long as you're a responsible driver, installing a black box in your car is another way to prove to insurance companies that you're low-risk.
- Pay in full: If you can afford to, pay for your insurance upfront rather than in monthly instalments. It's actually cheaper to pay in one lump sum, so you'll save money on your car insurance overall.
- Increase your excess: You could also increase your voluntary excess: i.e. how much you would have to pay in the event you make a claim. Often this brings down your premium overall, but just be conscious of what you can afford.
- Always Compare: Finding the right Mercedes cover at the right price is easier when you compare quotes from as many providers as possible. Be in the habit of switching providers every year to make the most of the latest deals.
What Factors Influence The Cost of Mercedes-Benz Car Insurance?
The following factors play an important role in influencing the cost of your car insurance:
- Level of cover: From comprehensive insurance coverage to third-party only, unsurprisingly the level of cover you need for your Mercedes Benz will influence the price of your premium. The more basic your cover, the less you will pay. Although this isn't always the case, make sure you compare as many policies as possible.
- Modifications: Modifications to Mercedes-Benz vehicles are quite common. However, any changes you make to the performance of your vehicle such as installing a turbocharger or other engine modifications could increase your chances of an accident (according to insurers). Body and aesthetic changes can also make your car more appealing to thieves and this will be reflected in your premiums.
- Safety Features: Additional safety features will give you and your bank balance peace of mind. Mercedes with safety enhancements such as ABS, parking sensors and additional airbags can help to bring down the cost of your premiums.
- Insurance Group: High-performance Mercedes-Benz models such as the AMG (insurance groups 32–38) and the C-Class will be in higher insurance groups than other models such as the A and B-Class (from 15-32). The higher your insurance group, the higher your premiums are likely to be.
- Driver Profile: Your age, gender and driving history are all variables that insurance providers take into consideration when offering you premiums. Generally speaking, older more experienced drivers are likely to receive lower premiums, as well as those who drive less valuable and less powerful vehicles.
- Vehicle Usage: If you use your Mercedes-Benz for commuting or commercial purposes then insurance providers are likely to offer you more expensive premiums due to the increased likelihood of an accident or a claim. If you drive your vehicle occasionally and for leisure purposes then you can expect a lower quote.