Mercedes-Benz AMG EQS Insurance Cost for 2023

• Mercedes-Benz AMG EQS insurance costs an average of $2,928 per year for a full coverage policy.
• As one of the more expensive large luxury cars to insure, the Mercedes-Benz AMG EQS costs $131 more per year on average to insure when compared to similar models.
• The AMG EQS Premium Sedan model is the cheapest to insure at around $2,914 per year, or $243 per month.
• The model with the most expensive insurance is the Pinnacle Sedan at $2,952 per year, or around $246 per month.

How much does Mercedes AMG EQS insurance cost?

Mercedes-Benz AMG EQS insurance averages around $2,928 yearly, or about $244 monthly. Overall, expect to pay about $131 more annually for Mercedes-Benz AMG EQS insurance when compared to the average rate for all large luxury cars, and $1,200 more per year than the overall national average of $1,728.

The bar chart below demonstrates how AMG EQS insurance cost can change based on driver age group and physical damage deductibles.

The table below displays the estimated annual and semi-annual policy costs, in addition to a monthly amount for budgeting, for each Mercedes-Benz AMG EQS package and trim level.

Ways to reduce the cost of car insurance

Insurance on a 2023 AMG EQS is definitely not cheap. But there are some ways to help keep costs down and not overpay. The tips below are some of the best ways to lower the cost of insurance.

• Getting older pays dividends in cheaper insurance. The difference in AMG EQS insurance cost between a 50-year-old driver ($2,660 per year) and a 20-year-old driver ($5,832 per year) is $3,172, or a savings of 74.7%.
• Improve your credit for cheaper car insurance. Having a good credit rating over 800 could save an average of $460 per year when compared to a decent credit rating of 670-739. Conversely, a credit score lower than 579 could cost as much as $533 more per year.
• Be a responsible driver and save. Having multiple accidents could cost you more, potentially up to $1,360 per year for a 30-year-old driver and as much as $844 per year for a 60-year-old driver.
• Raising physical damage deductibles lowers cost. Raising your policy deductibles from $500 to $1,000 could save around $530 per year for a 40-year-old driver and $1,042 per year for a 20-year-old driver.

How do AMG EQS car insurance rates compare?

The Mercedes-Benz AMG EQS ranks 17^th out of 26 total comparison vehicles in the large luxury car category for most affordable car insurance cost. The AMG EQS costs an average of $2,928 per year for insurance, while the segment median cost is $2,797 annually, a difference of $131 more per year.

When compared side-by-side to some other models in the large luxury car category, insurance prices for a Mercedes-Benz AMG EQS cost $898 more per year than the Audi A5, $346 more than the BMW 840i, and $198 less than the Mercedes-Benz S580.

The following table shows how insurance cost for a Mercedes-Benz AMG EQS compares to the best-selling large luxury cars like the BMW M850i, Lexus LS 500, and the Audi A8.