2020 Mercedes-Benz S560 Car Insurance Calculator

Explore and understand how choices you make impact the insurance cost for a 2020 Mercedes-Benz S560. Play around with factors like driver's age, policy discounts, S560 trim level, and driving record. Find out instantly if the choice you make has an impact on rates and why.

The average estimated car insurance premium for a 2020 Mercedes-Benz S560 is $3,614 per year, or about $301 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

$3,614

Cost Per Month

$301

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 S560 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 2020 Mercedes-Benz S560.

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.

$3,614
Average Rate
Your Rate
$3,614

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 2020 Mercedes-Benz S560 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 2020 Mercedes-Benz S560 is $3,614.

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.

2020 Mercedes-Benz S560 Segment Comparison

The table below compares insurance rates for the 2020 Mercedes-Benz S560 against all other models in the large luxury car segment. The Mercedes-Benz S560 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 S560, with green values denoting cheaper rates and red values indicating more expensive rates compared to the Mercedes-Benz S560.

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

2020 Mercedes-Benz S560 Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Audi A5$2,284-$1,330
2Lincoln Continental$2,372-$1,242
3Volvo S90$2,438-$1,176
4Cadillac CT6$2,516-$1,098
5Acura RLX$2,638-$976
6Lexus LS 500H$2,744-$870
7Kia K900$2,796-$818
8Lexus LS 500$2,886-$728
9Infiniti Q60$2,934-$680
10Mercedes-Benz AMG E53$2,938-$676
11Genesis G90$2,950-$664
12Mercedes-Benz AMG CLS53$3,016-$598
13BMW 840i$3,082-$532
2020 Large Luxury Car Average$3,122-$492
14Mercedes-Benz S450$3,214-$400
15BMW M850i$3,232-$382
16BMW 740i$3,340-$274
17BMW 850i$3,368-$246
18Mercedes-Benz E63 AMG$3,384-$230
19Porsche Panamera$3,518-$96
20Audi A8$3,578-$36
21Mercedes-Benz S560$3,614--
22BMW 750i$3,628$14
23BMW M760i$4,094$480
24Mercedes-Benz AMG S63$4,374$760

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.

2020 S560 Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2020 Mercedes-Benz S560.

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.

2020 Mercedes-Benz S560 Insurance Rates by Trim Level
2020 Mercedes-Benz S560 Trim Level Annual Premium Cost Per Month
Sedan$3,350$279
4Matic Sedan$3,412$284
4Matic Coupe$3,824$319
Convertible$3,868$322

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 2020 Mercedes-Benz S560 for different driver ages.

2020 Mercedes-Benz S560 Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$12,734$1,061
17$12,455$1,038
18$11,380$948
19$10,261$855
20$7,901$658
21$7,533$628
22$6,772$564
23$5,465$455
24$5,199$433
25$4,216$351
30$3,880$323
35$3,706$309
40$3,614$301
45$3,364$280
50$3,168$264
55$2,962$247
60$2,972$248
65$3,182$265
70$3,400$283
75$3,960$330
80$4,892$408

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 S560 trim levels.