2023 Mercedes-Benz EQS 580 SUV Car Insurance Calculator

Explore and understand how life choices impact the insurance cost for a 2023 Mercedes-Benz EQS 580 SUV. Tweak settings like vehicle trim level, driving violations, and policy coverages to see how insurance cost is affected. Instantly discover if and why rates increase from the option you changed.

The average estimated car insurance premium for a 2023 Mercedes-Benz EQS 580 SUV is $3,502 per year, or about $292 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

$3,502

Cost Per Month

$292

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 SUV 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 2023 Mercedes-Benz EQS 580 SUV.

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.

$3,502
Average Rate
Your Rate
$3,502

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.

The 'Average Rate' is a combined value for all 2023 Mercedes-Benz EQS 580 SUV 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 2023 Mercedes-Benz EQS 580 SUV is $3,502.

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.

2023 Mercedes-Benz EQS 580 SUV Segment Comparison

The table below compares insurance rates for the 2023 Mercedes-Benz EQS 580 SUV against all other models in the large luxury SUV segment. The Mercedes-Benz EQS 580 SUV 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 SUV, with green values denoting cheaper rates and red values indicating more expensive rates compared to the Mercedes-Benz EQS 580 SUV.

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

2023 Mercedes-Benz EQS 580 SUV Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Volvo XC90$2,416-$1,086
2Lincoln Navigator$2,892-$610
3Infiniti QX80$2,914-$588
4BMW X7$2,970-$532
5Mercedes-Benz GLS450$2,984-$518
6Cadillac Escalade$3,234-$268
7Lexus LX 570$3,290-$212
2023 Large Luxury SUV Average$3,440-$62
8Mercedes-Benz EQS 580 SUV$3,502--
9BMW Alpina XB7$3,790$288
10Mercedes-Benz G550$3,946$444
11Land Rover Range Rover$4,066$564
12Mercedes-Benz G63 AMG$4,266$764
13Mercedes-Benz Maybach GLS 600$4,452$950

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.

2023 EQS 580 SUV Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2023 Mercedes-Benz EQS 580 SUV.

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.

2023 Mercedes-Benz EQS 580 SUV Insurance Rates by Trim Level
2023 Mercedes-Benz EQS 580 SUV Trim Level Annual Premium Cost Per Month
4Matic Premium SUV$3,460$288
4Matic Exclusive SUV$3,506$292
4Matic Pinnacle SUV$3,540$295

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 2023 Mercedes-Benz EQS 580 SUV for different driver ages.

2023 Mercedes-Benz EQS 580 SUV Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$12,071$1,006
17$11,818$985
18$10,827$902
19$9,778$815
20$7,558$630
21$7,216$601
22$6,506$542
23$5,272$439
24$5,019$418
25$4,084$340
30$3,762$314
35$3,592$299
40$3,502$292
45$3,260$272
50$3,078$257
55$2,872$239
60$2,880$240
65$3,074$256
70$3,268$272
75$3,780$315
80$4,640$387

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 SUV trim levels.