- Mercedes-Benz C300 insurance costs $2,036 per year ($170 per month) on average for a full coverage policy.
- Drivers can find the cheapest Mercedes C300 insurance on the Premium Sedan trim level at $1,958 per year. The C300 4Matic Convertible has the highest rates at $2,090 per year.
- When compared to the entire small luxury car segment, the C300 ranks ninth out of 19 total comparison vehicles.
How much does Mercedes C300 insurance cost?
Car insurance rates for a Mercedes-Benz C300 average $2,036 a year for a full coverage policy on a 2023 model. Monthly insurance cost for the C300 ranges from $163 to $174, depending on the trim level being insured.
When splitting out the cost of individual coverages, comprehensive will cost about $536 a year, liability/medical (or PIP) coverage is an estimated $558, and the remaining collision insurance is around $942.
The following chart demonstrates how average C300 car insurance rates vary based on the age of the driver and the chosen policy deductibles. The rate values range from the cheapest price of $1,414 per year for a driver age 60 with high deductibles to the highest policy cost of $4,764 per year for a 20-year-old driver with a $250 policy deductible.
What is the cheapest Mercedes C300 car insurance?
The cheapest model of Mercedes C300 to insure is the Premium Sedan at around $1,958 per year, or about $163 per month. The second cheapest model is the Exclusive Sedan at $2,004 per year, and the third cheapest trim level to insure is the Pinnacle Sedan at $2,032 per year.
For higher trim levels, the three highest cost C300 trim levels to insure are the Mercedes-Benz C300 Convertible, the 4Matic Coupe, and the 4Matic Convertible trim levels at $2,064, $2,072, and $2,090 per year, respectively.
The rate table below details average car insurance rates for annual and semi-annual terms, in addition to a monthly budget amount, for each Mercedes-Benz C300 package and trim level.
| 2023 Mercedes-Benz C300 Trim Level | Annual Premium | Cost Per Month |
|---|---|---|
| Premium Sedan | $1,958 | $163 |
| Exclusive Sedan | $2,004 | $167 |
| Pinnacle Sedan | $2,032 | $169 |
| Coupe | $2,038 | $170 |
| Convertible | $2,064 | $172 |
| 4Matic Coupe | $2,072 | $173 |
| 4Matic Convertible | $2,090 | $174 |
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. Updated February 22, 2024
How does Mercedes C300 insurance cost compare?
The Mercedes-Benz C300 ranks ninth out of 19 total vehicles in the 2023 compact luxury car segment. The C300 costs an estimated $2,036 per year to insure for full coverage, while the segment average rate is $2,033 per year, a difference of $3 per year.
When average car insurance rates are compared to other small luxury cars, the Mercedes-Benz C300 costs $162 more per year than the BMW 330i, $28 less than the Volvo S60, $130 more than the Acura TLX, and $12 less than the Audi A4.
The chart below shows how the average insurance cost for a 2023 Mercedes-Benz C300 fares against the rest of the top 10 most popular small luxury cars. A more complete table is added after the chart that details insurance cost rankings for all 19 models in the segment.
| Rank | Make and Model | Annual Premium | Difference |
|---|---|---|---|
| 1 | Acura Integra | $1,656 | -$380 |
| 2 | BMW 330i | $1,874 | -$162 |
| 3 | Acura TLX | $1,906 | -$130 |
| 4 | Cadillac CT4 | $1,930 | -$106 |
| 5 | Genesis G70 | $1,968 | -$68 |
| 6 | BMW 330e | $1,998 | -$38 |
| 7 | BMW 228i | $2,008 | -$28 |
| 8 | BMW 230i | $2,020 | -$16 |
| 9 | Mercedes-Benz C300 | $2,036 | -- |
| 10 | Audi A4 | $2,048 | $12 |
| 11 | Lexus RC 350 | $2,056 | $20 |
| 12 | Audi S3 | $2,062 | $26 |
| 13 | Volvo S60 | $2,064 | $28 |
| 14 | Alfa Romeo Giulia | $2,084 | $48 |
| 15 | BMW M235i | $2,090 | $54 |
| 16 | Lexus IS 350 | $2,124 | $88 |
| 17 | Audi RS 3 | $2,204 | $168 |
| 18 | BMW M240i | $2,248 | $212 |
| 19 | BMW M340i | $2,256 | $220 |
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 vehicle from the 2023 model year. Updated February 23, 2024
Comparing the average cost of auto insurance on a Mercedes-Benz C300 to compact luxury cars with the most similar average purchase prices gives us an additional insight. A 2023 C300 has an average MSRP of $49,621 and ranges from $43,550 to $57,400.
The models in the compact luxury car segment that have the most similar average MSRP to the Mercedes-Benz C300 for the 2023 model year are the BMW M240i, Audi S3, Lexus RC 350, and Acura TLX. Here’s how they compare to the Mercedes C300 by both average purchase price and average full-coverage insurance policy cost.
- Mercedes-Benz C300 vs. BMW M240i – The average MSRP for a 2023 Mercedes-Benz C300 is $279 cheaper than the BMW M240i, at $49,621 compared to $49,900. The cost to insure a Mercedes-Benz C300 compared to the BMW M240i is $212 less annually on average.
- Mercedes-Benz C300 vs. Audi S3 – With an average dealer MSRP of $49,933 ($46,800 to $53,500), the Audi S3 costs $312 more than the average cost for the C300. Insurance on a 2023 C300 costs an average of $26 less annually than the Audi S3.
- Mercedes-Benz C300 vs. Lexus RC 350 – The average MSRP for a 2023 Mercedes-Benz C300 is $458 cheaper than the Lexus RC 350, at $49,621 compared to $50,079. The average insurance cost for a 2023 Mercedes-Benz C300 compared to the Lexus RC 350 is $20 less every 12 months.
- Mercedes-Benz C300 vs. Acura TLX – The MSRP for the 2023 Acura TLX averages $957 less than the average MSRP for the C300 ($48,664 compared to $49,621). Insurance for the Acura TLX costs an average of $130 less every 12 months than the Mercedes-Benz C300.
Do newer C300 models cost more to insure?
Buying insurance for a decent used Mercedes-Benz C300 may reduce your insurance bill by around $658 per year. New vehicles cost more to replace if they are totaled, and older models depreciate, resulting in lower insurance rates for older models.
The data table below details the average Mercedes-Benz C300 insurance cost for a range of drivers and model years. In this example, insurance costs range from a minimum value of $1,076 for a 60-year-old driver rated on a 2014 Mercedes-Benz C300 to a maximum value of $4,076 for a 20-year-old driving a 2023 model year.
| Model Year and Vehicle | Driver Age 20 | Driver Age 40 | Driver Age 60 |
|---|---|---|---|
| 2023 Mercedes-Benz C300 | $4,076 | $2,036 | $1,686 |
| 2022 Mercedes-Benz C300 | $4,136 | $2,062 | $1,706 |
| 2021 Mercedes-Benz C300 | $4,108 | $2,038 | $1,686 |
| 2020 Mercedes-Benz C300 | $3,980 | $1,974 | $1,634 |
| 2019 Mercedes-Benz C300 | $3,672 | $1,816 | $1,504 |
| 2018 Mercedes-Benz C300 | $3,498 | $1,732 | $1,434 |
| 2017 Mercedes-Benz C300 | $3,324 | $1,650 | $1,368 |
| 2016 Mercedes-Benz C300 | $3,230 | $1,606 | $1,336 |
| 2015 Mercedes-Benz C300 | $3,032 | $1,498 | $1,250 |
| 2014 Mercedes-Benz C300 | $2,588 | $1,290 | $1,076 |
| 2013 Mercedes-Benz C300 | $2,750 | $1,378 | $1,150 |
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 C300 trim levels for each model year. Updated February 23, 2024
