Mercedes-Benz EQS 580 Car Insurance Calculator

Explore and understand how choices you make impact the cost of insurance for a Mercedes-Benz EQS 580. Tweak settings like credit rating, policy coverages, and liability limits to see how insurance cost is affected. See instantly if your rates increased or decreased.

The average estimated car insurance premium for a 2024 Mercedes-Benz EQS 580 is $4,230 per year, or about $353 per month. This is based on a 40-year-old male driver with no prior driving violations or at-fault accidents. Comprehensive and collision deductibles are $500 and Uninsured and Underinsured Motorist (UM/UIM) coverage is included.

Annual Premium

$4,230

Cost Per Month

$353

The Annual Premium and Cost Per Month change instantly as you adjust calculator options.

If you change a factor that results in a higher insurance cost, the rates turn red. If you adjust a factor that saves money, the rates turn green. For a detailed explanation of each rate change, click the blue button above.

Quick Guide to Using the Insurance Rate Calculator

  1. Update Options: Adjust any settings in the form below.
  2. Observe Rate Changes: Watch how the Annual Premium at the bottom of the page changes.
  3. Get Detailed Insights: Click the blue up arrow button for an explanation of the rate change.

Key Features:

Mercedes-Benz EQS 580 Options

Driver Options

Insurability Factors

Policy Coverages

Calculated vs. Average Rate

Discover how your personalized car insurance rate compares to the average annual premium for a Mercedes-Benz EQS 580.

As you adjust the calculator settings, the 'Your Rate' value dynamically shifts left or right on the rate range bar. This movement visually demonstrates how your rate compares to the typical insurance cost for this vehicle model.

For continuous comparison while you explore different settings, you have the option to pin this rate range bar to the bottom of your screen.

$4,230
Average Rate
Your Rate
$4,230

The 'Average Rate' is calculated based on default options for a typical driver profile: a 40-year-old married male with good credit, no prior accidents or violations, current car insurance coverage, and homeownership. The coverage includes collision and comprehensive coverage with $500 deductibles, liability limits of 100/300/100, and includes Uninsured/Underinsured Motorist and Medical Payments coverages.

Changing the Model Year option in the calculator will reset the Average Rate to the average cost to insure that specific model year Mercedes-Benz EQS 580.

The 'Average Rate' is a combined value for all Mercedes-Benz EQS 580 trim levels.

Insurance Rate Analysis

Your personalized insurance analysis will appear below after modifying any options in the calculator settings above.

Based on the default settings in the calculator options, the annual premium for a 2024 Mercedes-Benz EQS 580 is $4,230.

After making any changes in the calculator settings, this section will explain the choices that have a positive effect on either rates or coverage, as well as those that have a negative effect.

Factors That Favorably Influence Your Rates and Coverage

There are many things that have a positive effect on your rates, like being a mature driver, being married, having great credit, owning your home, and more.

Once you've fine-tuned the settings in our calculator, this section will provide an analysis of all the factors that have contributed to reducing your rates or improving your coverage options.

Factors That Could Increase Rates or Result in Coverage Gaps

Certain circumstances may lead to higher insurance rates or potential gaps in your coverage. These include life events such as being involved in at-fault accidents, incurring driving violations, experiencing lapses in coverage, or simply being a younger driver. While not all of these factors are within your control, many can be managed to mitigate their impact.

As you adjust the settings in our calculator, this section will detail and explain all the factors that have contributed to higher rates or reduced levels of coverage.

2024 Mercedes-Benz EQS 580 Segment Comparison

The table below compares insurance rates for the 2024 Mercedes-Benz EQS 580 against all other models in the large luxury car segment. The Mercedes-Benz EQS 580 is highlighted in light orange, and the segment's average insurance rate is in light blue.

Annual Premium values in the table are based on the current selections in the rate calculator settings.

The Difference column indicates the annual premium variance between each model shown and the Mercedes-Benz EQS 580, with green values denoting cheaper rates and red values indicating more expensive rates compared to the Mercedes-Benz EQS 580.

After choosing a vehicle trim level in the calculator options, the rates shown will reflect your choice.

2024 Mercedes-Benz EQS 580 Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Audi A5$2,782-$1,448
2Volvo S90$2,870-$1,360
3Genesis G90$3,076-$1,154
4Mercedes-Benz AMG E53$3,088-$1,142
5Mercedes-Benz EQS 450$3,122-$1,108
6Lexus LS 500$3,220-$1,010
7Lexus LS 500h$3,262-$968
8BMW 840i$3,354-$876
9BMW i7$3,402-$828
10Audi RS 7$3,524-$706
2024 Large Luxury Car Average$3,748-$482
11BMW M850i$3,780-$450
12BMW 740i$3,794-$436
13BMW 750e$3,806-$424
14Mercedes-Benz AMG GT43$3,832-$398
15Audi S8$3,878-$352
16Mercedes-Benz S500$3,972-$258
17Audi A8$3,982-$248
18BMW 760i$4,008-$222
19Mercedes-Benz S580$4,162-$68
20Mercedes-Benz EQS 580$4,230--
21Mercedes-Benz Maybach S580$4,598$368
22Mercedes-Benz AMG EQS$4,642$412
23Porsche Panamera$4,666$436
24Mercedes-Benz Maybach S680$4,906$676

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each model.

2024 EQS 580 Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2024 Mercedes-Benz EQS 580.

Annual Premium and Cost Per Month values show in the table are based on the current selections in the rate calculator settings. After setting the trim level option in the calculator settings, it will be highlighted in the table.

2024 Mercedes-Benz EQS 580 Insurance Rates by Trim Level
2024 Mercedes-Benz EQS 580 Trim Level Annual Premium Cost Per Month
4Matic Premium Sedan$4,174$348
4Matic Exclusive Sedan$4,238$353
4Matic Pinnacle Sedan$4,276$356

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included.

Insurance Rates by Driver Age

The table below shows average car insurance rates for the 2024 Mercedes-Benz EQS 580 for different driver ages.

2024 Mercedes-Benz EQS 580 Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$14,194$1,183
17$14,006$1,167
18$13,039$1,087
19$11,704$975
20$9,105$759
21$8,700$725
22$7,876$656
23$6,323$527
24$6,049$504
25$4,932$411
30$4,564$380
35$4,330$361
40$4,230$353
45$3,920$327
50$3,690$308
55$3,444$287
60$3,458$288
65$3,686$307
70$3,878$323
75$4,424$369
80$5,412$451

Data Methodology: Rated driver is male and has no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Drivers under the age of 25 are considered single, while drivers 25 and over are rated as married. Annual premium is averaged for all Mercedes-Benz EQS 580 trim levels.

Average Rates by Model Year

The table below shows average car insurance rates for different model years of the Mercedes-Benz EQS 580.

These values do not change with the calculator settings. These rates provide a "base average rate" to compare your calculated rate to, and the highlighted row indicates the currently selected model year.

Changing the calculator settings will cause your rate to move higher or lower than the average annual premium.

If the calculated 'Annual Premium' shown at the bottom of your screen is higher than the highlighted annual premium in the table, refer to the insurance analysis section to find out what factors might be causing the increase.

Average Mercedes-Benz EQS 580 Insurance Rates by Model Year
Model Year and Vehicle Annual Premium Cost Per Month
2024 Mercedes-Benz EQS 580$4,230$353
2023 Mercedes-Benz EQS 580$3,448$287
2022 Mercedes-Benz EQS 580$3,306$276

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all Mercedes-Benz EQS 580 trim levels for each model year.