2023 Mercedes-Benz EQS 580 Car Insurance Calculator

Learn in real-time how the choices you make influence insurance rates for a 2023 Mercedes-Benz EQS 580. Experiment with rate factors like liability limits, policy deductibles, and driver age to see how insurance rates are affected. Immediately discover if your choice increases or decreases premium and learn exactly why.

The average estimated car insurance premium for a 2023 Mercedes-Benz EQS 580 is $3,448 per year, or about $287 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

$3,448

Cost Per Month

$287

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 2023 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.

$3,448
Average Rate
Your Rate
$3,448

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 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 is $3,448.

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 Segment Comparison

The table below compares insurance rates for the 2023 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.

2023 Mercedes-Benz EQS 580 Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Audi A5$2,558-$890
2Volvo S90$2,884-$564
3Lexus LS 500$2,978-$470
4Mercedes-Benz AMG E53$2,996-$452
5Genesis G90$3,016-$432
6BMW i7$3,034-$414
7Mercedes-Benz AMG GT43$3,062-$386
8Lexus LS 500h$3,162-$286
9BMW 840i$3,252-$196
10Mercedes-Benz EQS 450$3,326-$122
11Infiniti Q60$3,334-$114
12Mercedes-Benz S500$3,360-$88
13Audi RS 7$3,434-$14
14Mercedes-Benz EQS 580$3,448--
2023 Large Luxury Car Average$3,525$77
15BMW 740i$3,618$170
16BMW M850i$3,666$218
17Mercedes-Benz AMG EQS$3,694$246
18Audi A8$3,738$290
19Audi S8$3,756$308
20Porsche Panamera$3,818$370
21BMW 760i$3,854$406
22Mercedes-Benz S580$3,940$492
23BMW Alpina B8$4,188$740
24BMW M760i$4,322$874
25Mercedes-Benz Maybach S580$4,454$1,006
26Mercedes-Benz Maybach S680$4,752$1,304

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 Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2023 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.

2023 Mercedes-Benz EQS 580 Insurance Rates by Trim Level
2023 Mercedes-Benz EQS 580 Trim Level Annual Premium Cost Per Month
4Matic Premium Sedan$3,416$285
4Matic Exclusive Sedan$3,448$287
4Matic Pinnacle Sedan$3,482$290

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 for different driver ages.

2023 Mercedes-Benz EQS 580 Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$11,975$998
17$11,709$976
18$10,693$891
19$9,665$805
20$7,456$621
21$7,119$593
22$6,409$534
23$5,197$433
24$4,942$412
25$4,016$335
30$3,698$308
35$3,536$295
40$3,448$287
45$3,208$267
50$3,028$252
55$2,828$236
60$2,836$236
65$3,026$252
70$3,230$269
75$3,748$312
80$4,606$384

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.