2024 Mercedes-Benz EQS 580 Car Insurance Calculator

Learn and understand how different driver and vehicle factors impact the insurance cost for a 2024 Mercedes-Benz EQS 580. Customize factors such as policy coverages, liability limits, and deductibles to see how rates are affected. Instantly discover if the change you make results in cheaper or more expensive car insurance.

The average estimated car insurance premium for a 2024 Mercedes-Benz EQS 580 is $4,334 per year, or about $361 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

$4,334

Cost Per Month

$361

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 2024 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.

$4,334
Average Rate
Your Rate
$4,334

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 2024 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 $4,334.

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$2,850-$1,484
2Volvo S90$2,940-$1,394
3Genesis G90$3,154-$1,180
4Mercedes-Benz AMG E53$3,164-$1,170
5Mercedes-Benz EQS 450$3,198-$1,136
6Lexus LS 500$3,298-$1,036
7Lexus LS 500h$3,338-$996
8BMW 840i$3,436-$898
9BMW i7$3,482-$852
10Audi RS 7$3,608-$726
2024 Large Luxury Car Average$3,839-$495
11BMW M850i$3,870-$464
12BMW 740i$3,884-$450
13BMW 750e$3,898-$436
14Mercedes-Benz AMG GT43$3,926-$408
15Audi S8$3,972-$362
16Mercedes-Benz S500$4,072-$262
17Audi A8$4,078-$256
18BMW 760i$4,104-$230
19Mercedes-Benz S580$4,262-$72
20Mercedes-Benz EQS 580$4,334--
21Mercedes-Benz Maybach S580$4,710$376
22Mercedes-Benz AMG EQS$4,758$424
23Porsche Panamera$4,782$448
24Mercedes-Benz Maybach S680$5,026$692

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$4,278$357
4Matic Exclusive Sedan$4,344$362
4Matic Pinnacle Sedan$4,380$365

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$14,544$1,212
17$14,350$1,196
18$13,358$1,113
19$11,993$999
20$9,329$777
21$8,911$743
22$8,072$673
23$6,476$540
24$6,197$516
25$5,050$421
30$4,674$390
35$4,436$370
40$4,334$361
45$4,018$335
50$3,780$315
55$3,528$294
60$3,542$295
65$3,778$315
70$3,972$331
75$4,532$378
80$5,542$462

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.