2016 Mercedes-Benz SL550 Car Insurance Calculator

View in real-time how different driver, vehicle, and coverage options influence insurance rates for a 2016 Mercedes-Benz SL550. Customize driver gender, whether you're married or single, the state and city you live in, and homeowner status to learn how each affects rates. Instantly see if the choice you make raises or lowers the cost of insurance.

The average estimated car insurance premium for a 2016 Mercedes-Benz SL550 is $2,516 per year, or about $210 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

$2,516

Cost Per Month

$210

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 2016 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.

$2,516
Average Rate
Your Rate
$2,516

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 2016 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 2016 Mercedes-Benz SL550 is $2,516.

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.

2016 Mercedes-Benz SL550 Segment Comparison

The table below compares insurance rates for the 2016 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.

2016 Mercedes-Benz SL550 Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Lexus ES 350$1,658-$858
2Acura ILX$1,726-$790
3Lexus IS 300$1,836-$680
4Volvo S80$1,880-$636
5Mercedes-Benz C350E$1,886-$630
6Lexus RC 300$1,902-$614
7Audi A3$1,930-$586
8Mercedes-Benz AMG CLA45$1,954-$562
9Lincoln MKZ$1,958-$558
10Lexus ES 300H$1,972-$544
11Audi A6$1,984-$532
12Mercedes-Benz CLA250$2,028-$488
13BMW 528i$2,070-$446
14Lexus GS 350$2,084-$432
15Audi S4$2,102-$414
16Mercedes-Benz E350$2,116-$400
17BMW 428xi$2,120-$396
18Mercedes-Benz SLK55 AMG$2,136-$380
19Cadillac ELR$2,142-$374
20Mercedes-Benz C450 AMG$2,150-$366
21Jaguar XF$2,152-$364
22BMW 428i$2,160-$356
23Audi S5$2,168-$348
24Hyundai Genesis$2,184-$332
25BMW 528xi$2,188-$328
26Infiniti Q50$2,196-$320
27BMW 535xi$2,204-$312
28BMW 435xi$2,230-$286
29Mercedes-Benz E250$2,244-$272
30Mercedes-Benz SL400$2,264-$252
31BMW Active 5$2,268-$248
32BMW 435i$2,280-$236
2016 Midsize Luxury Car Average$2,281-$235
33BMW 535d$2,302-$214
34Mercedes-Benz E400$2,356-$160
35BMW 535i$2,360-$156
36Mercedes-Benz E550$2,376-$140
37Audi S6$2,398-$118
38BMW 550i$2,416-$100
39Mercedes-Benz CLS400$2,492-$24
40BMW 550xi$2,510-$6
41Mercedes-Benz SL550$2,516--
42BMW 640i$2,552$36
43Audi A7$2,562$46
44BMW 640xi$2,570$54
45BMW M5$2,576$60
46Audi S7$2,584$68
47Tesla Model S$2,650$134
48Mercedes-Benz S550E$2,658$142
49BMW 650xi$2,676$160
50Lexus GS F$2,688$172
51BMW M6$2,866$350
52Mercedes-Benz SL63 AMG$2,946$430
53Mercedes-Benz SL65 AMG$3,672$1,156

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.

2016 SL550 Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2016 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.

2016 Mercedes-Benz SL550 Insurance Rates by Trim Level
2016 Mercedes-Benz SL550 Trim Level Annual Premium Cost Per Month
Roadster$2,516$210

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 2016 Mercedes-Benz SL550 for different driver ages.

2016 Mercedes-Benz SL550 Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$8,745$729
17$8,563$714
18$7,850$654
19$7,076$590
20$5,460$455
21$5,207$434
22$4,692$391
23$3,783$315
24$3,603$300
25$2,930$244
30$2,702$225
35$2,578$215
40$2,516$210
45$2,340$195
50$2,208$184
55$2,064$172
60$2,072$173
65$2,214$185
70$2,354$196
75$2,724$227
80$3,356$280

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.