Cheap Mercedes-Benz Car Insurance in 2024 (Unlock Big Savings From These 10 Providers!)
State Farm, Allstate, and AAA are the top picks for cheap Mercedes-Benz car insurance. State Farm luxury auto insurance rates for Mercedes-Benz start at $60 per month. Allstate and State Farm car insurance is available in all states, while AAA Mercedes-Benz insurance is only available to members.
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Justin Wright
Licensed Insurance Agent
Justin Wright has been a licensed insurance broker for over 9 years. After graduating from Southeastern Seminary with a Masters in Philosophy, Justin started his career as a professor, teaching Philosophy and Ethics. Later, Justin obtained both his Property & Casualty license and his Life and Health license and began working for State Farm and Allstate. In 2020, Justin began working as an...
Licensed Insurance Agent
UPDATED: Sep 27, 2024
It’s all about you. We want to help you make the right legal decisions.
We strive to help you make confident insurance and legal decisions. Finding trusted and reliable insurance quotes and legal advice should be easy. This doesn’t influence our content. Our opinions are our own.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about legal topics and insurance. Our goal is to be an objective, third-party resource for everything legal and insurance related. We update our site regularly, and all content is reviewed by experts.
UPDATED: Sep 27, 2024
It’s all about you. We want to help you make the right legal decisions.
We strive to help you make confident insurance and legal decisions. Finding trusted and reliable insurance quotes and legal advice should be easy. This doesn’t influence our content. Our opinions are our own.
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11,413 reviewsCompany Facts
Min. Coverage for Mercedes-Benz
A.M. Best Rating
Complaint Level
Pros & Cons
11,413 reviews
2,934 reviewsCompany Facts
Min. Coverage for Mercedes-Benz
A.M. Best Rating
Complaint Level
Pros & Cons
2,934 reviews
The top picks overall for cheap Mercedes-Benz car insurance are State Farm, Allstate, and AAA, offering highly competitive rates on luxury vehicles.
State Farm leads the way with its extensive network of agents and low-cost car insurance with driver discounts tailored to Mercedes-Benz owners. Allstate provides flexible coverage options and AAA is renowned for its outstanding customer service.
Our Top 10 Company Picks: Cheap Mercedes-Benz Car Insurance
Company Rank Monthly Rates A.M. Best Best For Jump to Pros/Cons
#1 $60 B Many Discounts State Farm
#2 $63 A+ Add-on Coverages Allstate
#3 $65 A Local Agents AAA
#4 $68 A+ 24/7 Support Erie
#5 $70 A+ Online Convenience Progressive
#6 $73 A Student Savings American Family
#7 $77 A++ Senior Savings Geico
#8 $79 A++ Accident Forgiveness Travelers
#9 $86 A Customizable Polices Liberty Mutual
#10 $90 A Local Agents Farmers
Each of these luxury auto insurance companies delivers substantial value, making them the best choices for securing cheap Mercedes-Benz insurance rates.
Explore more car insurance options by entering your ZIP code above and finding which companies have the lowest rates near you.
- State Farm is the top pick for comprehensive Mercedes coverage for $60/month
- AAA is the cheapest Mercedes insurance company for drivers with memberships
- Save on luxury car coverage with discounts for anti-theft features and low mileage
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#1 – State Farm: Top Pick Overall
Pros
- Diverse Discount Opportunities: Based on our State Farm insurance review, it offers a variety of discounts, helping you secure cheap Mercedes-Benz car insurance.
- Affordable Premiums: With rates starting at just $60 per month, State Farm remains a top choice for budget-friendly Mercedes-Benz coverage.
- Reliable Coverage: State Farm combines affordable Mercedes insurance rates with dependable coverage.
Cons
- Limited Customization: While affordable, State Farm’s policies may lack flexibility for those seeking tailored cheap Mercedes-Benz car insurance.
- Lower A.M. Best Rating: The “B” rating may concern those looking for higher-rated Mercedes insurers.
#2 – Allstate: Cheapest Add-on Coverages
Pros
- Enhanced Coverage Options: Allstate add-ons, such as accident forgiveness, enhance Mercedes car insurance coverage.
- Strong Claims Service: Affordable Mercedes-Benz car insurance is backed by Allstate’s reliable claims service
- Competitive Pricing: Allstate provides fairly affordable insurance for Mercedes-Benz, starting at $63 a month. Compares quotes in our Allstate insurance review.
Cons
- Add-Ons May Increase Costs: Customizing luxury policies with add-ons could drive up the price of Mercedes-Benz car insurance.
- Rate Increases: Many drivers report rate hikes when renewing Allstate Mercedes-Benz insurance policies.
#3 – AAA: Best for Local Agents
Pros
- Local Agent Support: The local agents of AAA are a good source for personalized service, ideal for locking in affordable Mercedes-Benz car insurance specific to your needs.
- Affordable Rates: Beginning at $65 monthly, AAA attempts to balance affordability with service for those driving Mercedes-Benz.
- Roadside Assistance: AAA’s popular roadside assistance enhances the value of your affordable Mercedes-Benz car insurance. For more information, see our review of AAA.
Cons
- Limited Online Services: For managing your affordable Mercedes-Benz car insurance, online tools from AAA may not be that broad as compared to some competitors.
- Auto Insurance Only for Members: To buy cheap Mercedes car insurance, you have to be an AAA member.
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#4 – Erie: Cheapest With 24/7 Support
Pros
- 24/7 Customer Support: Drivers can reach Erie agents anytime online or over the phone to handle questions about Mercedes-Benz auto insurance.
- Excellent Claims Service: Erie has fantastic reviews regarding how quick and smooth their claims process is, so you can rest assured your inexpensive Mercedes-Benz car insurance is in good hands.
- Low Rates: Starting at $68 per month, Erie offers competitive pricing for Mercedes-Benz drivers. Learn how to pay Erie insurance premiums to keep your coverage affordable.
Cons
- Online Tools Lacking: Erie’s digital tools are less advanced compared to competitors, which might be inconvenient for managing your cheap Mercedes-Benz car insurance online.
- Fewer Discounts: Erie provides fewer discounts compared to some competitors, reducing potential savings on cheap Mercedes-Benz car insurance.
#5 – Progressive: Cheapest With Online Tools
Pros
- Online Convenience: Progressive’s intuitive online tools make finding and managing affordable Mercedes-Benz car insurance hassle-free and seamless.
- Snapshot Program: The Snapshot program can lower your Mercedes-Benz insurance rate by tracking your driving. Discover more ways to save in our Progressive insurance review.
- Competitive Pricing: Progressive remains competitive for luxury car insurance for Mercedes-Benz, with quotes starting at $70 a month.
Cons
- Rate Fluctuations: Progressive’s rates may increase at renewal, potentially impacting the affordability of your cheap Mercedes-Benz car insurance.
- Customer Service Issues: There are occasional complaints about Progressive’s customer service, which may affect the overall experience of securing cheap Mercedes-Benz car insurance.
#6 – American Family: Cheapest for Student Drivers
Pros
- Competitive Student Discounts: Teens and young drivers can save up to 20% on Mercedes auto insurance rates with AmFam if they maintain good grades.
- Flexible Coverage Options: American Family offers various types of car insurance coverage, allowing you to customize your cheap Mercedes-Benz car insurance.
- Strong Customer Support: AmFam is known for excellent customer service when it comes to buying and managing Mercedes-Benz car insurance coverage.
Cons
- Slightly Higher Rates: With rates at $73 per month, American Family’s premiums are somewhat higher, which could affect the affordability of cheap Mercedes-Benz car insurance.
- Availability: American Family’s coverage isn’t available in all states, limiting options for those seeking cheap Mercedes-Benz car insurance.
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#7 – Geico: Cheapest For Seniors
Pros
- Affordable Senior Driver Premiums: Geico offers competitive discounts for seniors. Check out our Geico review to compare Mercedes auto insurance costs by age.
- Top-Rated Mobile App: Manage your Mercedes-Benz insurance effortlessly with Geico’s highly rated and user-friendly app.
- Streamlined Claims Process: Geico’s efficient claims handling ensures quick and reliable resolutions for your Mercedes-Benz insurance needs.
Cons
- Limited Agent Network: Geico’s focus on online services may be less convenient for those seeking cheap Mercedes-Benz car insurance with personal, in-person service.
- Rate Increases: Some drivers report that Geico’s rates may increase, which could affect the long-term affordability of cheap Mercedes-Benz car insurance.
#8 – Travelers: Cheapest Accident Forgiveness
Pros
- Robust Coverage Options: Travelers offers broad luxury coverage options to help you find affordable Mercedes Benz car insurance for your needs.
- Convenient Online Tools: Travelers’ online tools make managing your cheap Mercedes-Benz car insurance and paying your Travelers insurance premium easy.
- Industry Experience: Travelers has strong financial ratings, making it a reliable option when filing Mercedes-Benz insurance claims.
Cons
- Limited Availability of Discounts: Some travelers may charge fewer discounts than other providers with affordable car insurance on a Mercedes-Benz.
- Claims Delays: Some policyholders report delays in claims processing, which could impact the efficiency of your cheap Mercedes-Benz car insurance.
#9 – Liberty Mutual: Cheapest Customizable Policies
Pros
- Diverse Coverage Options: Liberty Mutual offers a variety of coverage options, allowing you to tailor your cheap Mercedes-Benz car insurance to your needs.
- Unique Coverage Features: Explore our Liberty Mutual insurance review for specialized coverage options for Mercedes-Benz auto insurance.
- Teacher Insurance Benefits: Teachers who need cheap Mercedes-Benz auto insurance will find unique discounts and coverages designed for educators.
Cons
- Limited Discounts: Compared to other providers, Liberty Mutual has fewer discount options, potentially reducing savings on your cheap Mercedes-Benz car insurance.
- Mixed Customer Service: There are reports of inconsistent customer service experiences, which might affect the overall satisfaction with cheap Mercedes-Benz car insurance.
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#10 – Farmers: Cheapest From Local Agents
Pros
- Local Agents: Farmers’ network of local agents offers personalized assistance in finding cheap Mercedes-Benz car insurance.
- Wide Range of Coverages: Farmers offers customizable coverage to help you find cheap Mercedes-Benz car insurance. Discover more in our Farmers insurance review.
- Strong Customer Support: With Famers, you can be assured of reliable customer service to help you manage your cheap Mercedes-Benz luxury car insurance as effectively as possible
Cons
- Expensive Premiums: At $90 per month, Farmers is the most expensive option for cheap Mercedes-Benz car insurance on this list.
- Fewer Discounts: Farmers offers fewer discount opportunities compared to companies like Geico, which might impact the overall cost of your cheap Mercedes-Benz car insurance.
Factors Affecting Mercedes-Benz Car Insurance Costs
This table displays the monthly rates for Mercedes-Benz car insurance across various providers and coverage levels. It compares the cost of minimum coverage and full coverage offered by each insurance company.
Mercedes-Benz Car Insurance Monthly Rates by Provider & Coverage Level
Insurance Company Minimum Coverage Full Coverage
$65 $149
$63 $145
$73 $160
$68 $153
$90 $173
$77 $163
$86 $170
$70 $155
$60 $137
$79 $167
The level of coverage has the biggest impact on Mercedes insurance rates, especially since these luxury vehicles often require more coverage and higher levels of liability.
Luxury and high-performance models like the S-Class or AMG are typically more expensive due to higher repair costs and theft risk. Additionally, the driver’s age and experience affect rates, with younger or less experienced drivers facing higher premiums.
Your driving habits, such as frequency and mileage, also influence premiums, and your claims history and credit score are key factors in determining your insurance rate. Knowing how insurance companies calculate your insurance rate can help you better manage your expenses.
Savings Options With Mercedes-Benz Car Insurance Discounts
Reducing the cost of insuring your Mercedes-Benz is possible through various discounts and savings opportunities. Compare top insurance providers for Mercedes-Benz and uncover valuable savings with our discount table.
Car Insurance Discounts from the Top Providers for Mercedes-Benz| Insurance Company | Discount Percentage | Discount Program |
|---|---|---|
| 10% | Member Discount |
| 12% | Accident Forgiveness Discount |
| 13% | Driveway Discount |
| 16% | Multi-Policy Discount |
| 19% | Smart Driver Discount |
| 15% | Good Driver Discount |
| 17% | New Car Discount |
| 18% | Snapshot Discount |
| 14% | Safe Driver Discount |
| 11% | Home and Auto Discount |
The best multi-vehicle insurance discounts can lower your premiums if you insure multiple cars on one policy. Maintaining a clean driving record can also qualify you for lower rates, as insurers reward safe drivers.
The advanced anti-theft systems in Mercedes-Benz vehicles can lead to discounts, as these features reduce theft risk.
Additionally, check for potential membership discounts from professional or alumni organizations. Leveraging these options can make insuring your Mercedes-Benz more affordable.
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Unlocking Affordable Mercedes-Benz Car Insurance
How much does Mercedes-Benz C-class car insurance cost? Get cheap Mercedes-Benz car insurance with State Farm, Allstate, and AAA, known for offering competitive rates and excellent coverage.
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Insuring a Mercedes-Benz can be expensive due to its status as a luxury vehicle, but there are ways to manage and reduce costs. Key factors like the level of coverage, the model of the vehicle, and driver characteristics play a significant role in determining premiums.
By comparing insurance quotes and maximizing available discounts, you can achieve affordable, high-quality coverage for your Mercedes-Benz.
Frequently Asked Questions
Is Mercedes luxury or premium for car insurance?
Companies consider Mercedes-Benz luxury for auto insurance and will charge increased rates for coverage.
Are there specific insurers known for cheap Mercedes-Benz car insurance?
Yes, insurers like State Farm, Allstate, and AAA are known for offering competitive rates on Mercedes-Benz car insurance. These companies often provide various discounts and benefits that can make coverage more affordable for Mercedes-Benz owners.
How can I lower the cost of Mercedes-Benz car insurance?
You can lower the cost of Mercedes-Benz car insurance by maintaining a clean driving record, opting for a higher deductible, and taking advantage of discounts offered by insurers. Bundling your auto insurance with other policies like home insurance can also result in savings. Furthermore, installing anti-theft devices and safety features in your vehicle may reduce your premium.
What types of coverage are necessary for cheap Mercedes-Benz car insurance?
For affordable Mercedes-Benz car insurance, you should consider basic coverage options such as liability, collision, and comprehensive insurance coverage. While basic coverage helps lower premiums, you might also want to assess additional coverages that fit your needs without significantly increasing costs.
What is the lowest form of Mercedes-Benz car insurance?
The minimum amount of car insurance you’ll typically need is state-required liability coverage. This allows you to pay for some if not all, injuries and damages you’re liable for in an accident.
Does the model of my Mercedes-Benz affect car insurance rates?
Yes, the model of your Mercedes-Benz can significantly affect your insurance rates. Luxury and high-performance models, such as the S-Class or AMG, often come with higher premiums due to increased repair costs and higher theft risks. Choosing a less expensive or less sporty model can help reduce your insurance costs.
What is the best way to find cheap Mercedes-Benz car insurance?
To find affordable Mercedes-Benz car insurance, begin by comparing quotes from various insurers. Seek out car insurance with driver discounts like safe driver incentives or policy bundling offers. Increasing your deductible can also reduce your premium, and make sure you’re only purchasing the coverage necessary for your needs.
Can I get cheap Mercedes-Benz car insurance if I have a poor credit score?
While having a poor credit score can make it more challenging to find cheap Mercedes-Benz car insurance, it’s not impossible. Some insurers may offer lower rates if you can demonstrate good driving habits or if you qualify for other discounts. It’s beneficial to compare quotes from different providers to find the best rates available to you.
Is car insurance high on a Mercedes-Benz?
Insurance for a Mercedes-Benz can be more expensive than other vehicles. The average premium for a Mercedez-Benz tends to be higher than the average cost of insurance for other types of vehicles. Enter your ZIP code to get the best price on the coverage you need.
How does my driving record impact the cost of Mercedes-Benz car insurance?
Your driving record has a major impact on the cost of Mercedes-Benz car insurance. Drivers with a clean record generally receive lower rates, while those with traffic violations or accidents may face higher premiums. Maintaining a good driving history is key to securing cheaper insurance rates.
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Justin Wright
Licensed Insurance Agent
Justin Wright has been a licensed insurance broker for over 9 years. After graduating from Southeastern Seminary with a Masters in Philosophy, Justin started his career as a professor, teaching Philosophy and Ethics. Later, Justin obtained both his Property & Casualty license and his Life and Health license and began working for State Farm and Allstate. In 2020, Justin began working as an...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about legal topics and insurance. Our goal is to be an objective, third-party resource for everything legal and insurance related. We update our site regularly, and all content is reviewed by experts.