Mercedes-Benz SL550 Car Insurance Calculator

View in real-time how the choices you make impact the cost of insurance for a Mercedes-Benz SL550. Modify choices like homeowner status, credit history, policy coverages, and liability limits. Find out instantly if the choices you make result in higher or lower insurance rates.

The average estimated car insurance premium for a 2020 Mercedes-Benz SL550 is $3,136 per year, or about $261 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

$3,136

Cost Per Month

$261

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 SL550 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 Mercedes-Benz SL550.

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.

$3,136
Average Rate
Your Rate
$3,136

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.

Changing the Model Year option in the calculator will reset the Average Rate to the average cost to insure that specific model year Mercedes-Benz SL550.

The 'Average Rate' is a combined value for all Mercedes-Benz SL550 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 SL550 is $3,136.

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 SL550 Segment Comparison

The table below compares insurance rates for the 2020 Mercedes-Benz SL550 against all other models in the midsize luxury car segment. The Mercedes-Benz SL550 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 SL550, with green values denoting cheaper rates and red values indicating more expensive rates compared to the Mercedes-Benz SL550.

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

2020 Mercedes-Benz SL550 Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Acura ILX$1,886-$1,250
2Lexus RC 300$2,168-$968
3Mercedes-Benz SLC300$2,230-$906
4Lexus ES 350$2,238-$898
5Lincoln MKZ$2,248-$888
6Mercedes-Benz AMG CLA45$2,268-$868
7Jaguar XE$2,272-$864
8Lexus IS 300$2,276-$860
9Audi A3$2,316-$820
10Cadillac CT5$2,354-$782
11Audi S5$2,414-$722
12Lexus GS 350$2,478-$658
13Mercedes-Benz E350$2,488-$648
14Lexus ES 300H$2,526-$610
15Audi S4$2,550-$586
16BMW 530i$2,558-$578
17BMW 540i$2,582-$554
18Mercedes-Benz CLA250$2,598-$538
19Genesis G80$2,604-$532
20Audi A6$2,614-$522
21Mercedes-Benz E450$2,644-$492
22BMW 430i$2,666-$470
23Mercedes-Benz CLS450$2,700-$436
24Jaguar XF$2,702-$434
2020 Midsize Luxury Car Average$2,704-$432
25BMW 440i$2,796-$340
26Mercedes-Benz AMG C43$2,804-$332
27Mercedes-Benz SL450$2,822-$314
28Audi RS 5$2,838-$298
29Audi S6$2,898-$238
30Infiniti Q50$2,926-$210
31BMW 530e$2,942-$194
32Lexus GS F$3,016-$120
33Mercedes-Benz AMG C63$3,056-$80
34BMW M550i$3,110-$26
35Mercedes-Benz SL550$3,136--
36Tesla Model S$3,192$56
37Audi A7$3,236$100
38Lexus LC 500H$3,320$184
39Audi S7$3,444$308
40BMW M8$3,448$312
41BMW M5$3,494$358

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 SL550 Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2020 Mercedes-Benz SL550.

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 SL550 Insurance Rates by Trim Level
2020 Mercedes-Benz SL550 Trim Level Annual Premium Cost Per Month
Roadster$3,136$261

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 SL550 for different driver ages.

2020 Mercedes-Benz SL550 Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$10,844$904
17$10,698$892
18$9,948$829
19$8,897$741
20$6,888$574
21$6,567$547
22$5,928$494
23$4,714$393
24$4,518$377
25$3,670$306
30$3,384$282
35$3,210$268
40$3,136$261
45$2,906$242
50$2,732$228
55$2,558$213
60$2,570$214
65$2,756$230
70$2,910$243
75$3,342$279
80$4,120$343

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 SL550 trim levels.

Average Rates by Model Year

The table below shows average car insurance rates for different model years of the Mercedes-Benz SL550.

These values do not change with the calculator settings. These rates provide a "base average rate" to compare your calculated rate to, and the highlighted row indicates the currently selected model year.

Changing the calculator settings will cause your rate to move higher or lower than the average annual premium.

If the calculated 'Annual Premium' shown at the bottom of your screen is higher than the highlighted annual premium in the table, refer to the insurance analysis section to find out what factors might be causing the increase.

Average Mercedes-Benz SL550 Insurance Rates by Model Year
Model Year and Vehicle Annual Premium Cost Per Month
2020 Mercedes-Benz SL550$3,136$261
2019 Mercedes-Benz SL550$2,922$244
2018 Mercedes-Benz SL550$2,762$230
2017 Mercedes-Benz SL550$2,632$219
2016 Mercedes-Benz SL550$2,456$205
2015 Mercedes-Benz SL550$2,238$187
2014 Mercedes-Benz SL550$2,258$188
2013 Mercedes-Benz SL550$2,010$168

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 Mercedes-Benz SL550 trim levels for each model year.