2023 Mercedes-Benz S580 Car Insurance Calculator

Understand how different risk factors impact car insurance rates for a 2023 Mercedes-Benz S580. Experiment with factors like S580 trim level, driving record, policy coverages, and annual miles driven. Instantly see if the option you change raises or lowers your rate.

The average estimated car insurance premium for a 2023 Mercedes-Benz S580 is $3,940 per year, or about $328 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

$3,940

Cost Per Month

$328

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 S580 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 S580.

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.

$3,940
Average Rate
Your Rate
$3,940

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 S580 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 S580 is $3,940.

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 S580 Segment Comparison

The table below compares insurance rates for the 2023 Mercedes-Benz S580 against all other models in the large luxury car segment. The Mercedes-Benz S580 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 S580, with green values denoting cheaper rates and red values indicating more expensive rates compared to the Mercedes-Benz S580.

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

2023 Mercedes-Benz S580 Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Audi A5$2,558-$1,382
2Volvo S90$2,884-$1,056
3Lexus LS 500$2,978-$962
4Mercedes-Benz AMG E53$2,996-$944
5Genesis G90$3,016-$924
6BMW i7$3,034-$906
7Mercedes-Benz AMG GT43$3,062-$878
8Lexus LS 500h$3,162-$778
9BMW 840i$3,252-$688
10Mercedes-Benz EQS 450$3,326-$614
11Infiniti Q60$3,334-$606
12Mercedes-Benz S500$3,360-$580
13Audi RS 7$3,434-$506
14Mercedes-Benz EQS 580$3,448-$492
2023 Large Luxury Car Average$3,525-$415
15BMW 740i$3,618-$322
16BMW M850i$3,666-$274
17Mercedes-Benz AMG EQS$3,694-$246
18Audi A8$3,738-$202
19Audi S8$3,756-$184
20Porsche Panamera$3,818-$122
21BMW 760i$3,854-$86
22Mercedes-Benz S580$3,940--
23BMW Alpina B8$4,188$248
24BMW M760i$4,322$382
25Mercedes-Benz Maybach S580$4,454$514
26Mercedes-Benz Maybach S680$4,752$812

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 S580 Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2023 Mercedes-Benz S580.

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 S580 Insurance Rates by Trim Level
2023 Mercedes-Benz S580 Trim Level Annual Premium Cost Per Month
4Matic Luxury Line$3,530$294
4Matic AMG Line$3,596$300
4Matic Executive Line$3,746$312
4Matic Luxury$4,166$347
4Matic AMG Line$4,242$354
4Matic Executive$4,368$364

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 S580 for different driver ages.

2023 Mercedes-Benz S580 Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$13,672$1,139
17$13,406$1,117
18$12,311$1,026
19$11,093$924
20$8,567$714
21$8,175$681
22$7,368$614
23$5,938$495
24$5,659$472
25$4,598$383
30$4,234$353
35$4,038$337
40$3,940$328
45$3,660$305
50$3,452$288
55$3,224$269
60$3,236$270
65$3,458$288
70$3,680$307
75$4,258$355
80$5,240$437

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 S580 trim levels.