- Car insurance rates for a Mercedes AMG E53 average $2,318 per year or around $193 per month, depending on driver age.
- Out of 26 vehicles in the 2023 large luxury car segment, the AMG E53 ranks fourth for insurance affordability.
- The cheapest AMG E53 to insure is the 4Matic AWD trim level costing an average of $2,294 per year. The most expensive is the 4Matic AWD Coupe at $2,360 annually.
How much does Mercedes AMG E53 insurance cost?
Mercedes-Benz AMG E53 insurance averages $2,318 a year for full coverage, or around $193 each month. On average, expect to pay around $406 less each year to insure an AMG E53 compared to the average rate for the full-size luxury car segment, and $633 more per year than the $1,685 average for all vehicles.
The following rate chart illustrates how 2023 Mercedes-Benz AMG E53 auto insurance rates change based on driver age group and comprehensive and collision deductibles.
|Driver Age||Deductible||Annual Cost||Monthly Cost|
The rate table below shows average Mercedes-Benz AMG E53 car insurance rates from the 2019 to the 2023 model years and for various driver ages.
|Model Year and Vehicle||Driver Age 20||Driver Age 40||Driver Age 60|
|2023 Mercedes-Benz AMG E53||$4,632||$2,318||$2,072|
|2022 Mercedes-Benz AMG E53||$4,512||$2,256||$2,018|
|2021 Mercedes-Benz AMG E53||$4,678||$2,332||$2,088|
|2020 Mercedes-Benz AMG E53||$4,626||$2,300||$2,062|
|2019 Mercedes-Benz AMG E53||$4,206||$2,096||$1,876|
The table below displays average car insurance rates for each Mercedes-Benz AMG E53 available for the 2023 model year.
|Mercedes-Benz AMG E53 Trim Level||Annual Policy||Six-Month Policy||Per Month|
|4Matic AWD Convertible||$2,298||$1,149||$192|
|4Matic AWD Coupe||$2,360||$1,180||$197|
The following list includes additional rate information and possible policy discounts that may be available.
- As you age, insurance rates get cheaper. The difference in insurance rates for an AMG E53 between a 50-year-old driver ($2,106 per year) and a 20-year-old driver ($4,632 per year) is $2,526, or a savings of 75%.
- Negligent drivers pay higher insurance rates. At-fault accidents raise insurance rates, potentially as much as $3,248 per year for a 20-year-old driver and even as much as $936 per year for a 40-year-old driver.
- Fewer violations means cheaper insurance cost. In order to have the most economical AMG E53 insurance rates, it pays to not be aggressive behind the wheel. Not surprisingly, just a couple of traffic citations have the ramification of increasing insurance rates by up to $606 per year. Being convicted of a crime like hit-and-run could raise rates by an additional $2,134 or more.
- Increase deductibles to save money. Raising your policy deductibles from $500 to $1,000 could save around $404 per year for a 40-year-old driver and $796 per year for a 20-year-old driver.
- Low physical damage deductibles increase policy cost. Lowering your physical damage coverage deductibles from $500 to $250 could cost an additional $422 per year for a 40-year-old driver and $838 per year for a 20-year-old driver.
- High-risk AMG E53 insurance can get expensive. For a 20-year-old driver, the requirement to buy a high-risk policy could end up with a rate increase of $3,590 or more per year.
- AMG E53 insurance rates for teenagers are high. Average rates for full coverage AMG E53 insurance costs $8,092 per year for a 16-year-old driver, $7,642 per year for a 17-year-old driver, $7,168 per year for an 18-year-old driver, and $6,538 per year for a 19-year-old driver.
- Qualify for discounts to save money. Discounts may be available if the insured drivers take a defensive driving course, insure multiple vehicles on the same policy, are military or federal employees, sign their policy early, or many other discounts which could save the average driver as much as $394 per year on Mercedes-Benz AMG E53 insurance.
Is AMG E53 car insurance expensive?
When compared directly to some other models in the large luxury car category, insurance prices for a Mercedes-Benz AMG E53 cost $338 more per year than the Audi A5, $478 less than the BMW 740i, and $628 less than the Porsche Panamera.
The Mercedes-Benz AMG E53 ranks fourth out of 26 total comparison vehicles in the 2023 large luxury car category for most affordable insurance cost. The AMG E53 costs an estimated $2,318 per year for an auto insurance policy with full coverage and the segment median rate is $2,724 per year, a difference of $406 per year.
The chart below shows how insurance rates for the AMG E53 compare to the best-selling large luxury cars like the Infiniti Q60, Audi A8, and the Genesis G90. A more comprehensive table is included after the chart that breaks down insurance cost for all 26 vehicles in the full-size luxury sedan segment.
|3||Lexus LS 500||$2,304||-$14|
|4||Mercedes-Benz AMG E53||$2,318||--|
|7||Mercedes-Benz AMG GT43||$2,368||$50|
|8||Lexus LS 500h||$2,446||$128|
|10||Mercedes-Benz EQS 450||$2,570||$252|
|13||Audi RS 7||$2,654||$336|
|14||Mercedes-Benz EQS 580||$2,666||$348|
|17||Mercedes-Benz AMG EQS||$2,852||$534|
|23||BMW Alpina B8||$3,234||$916|
|25||Mercedes-Benz Maybach S580||$3,436||$1,118|
|26||Mercedes-Benz Maybach S680||$3,666||$1,348|