Mercedes-Benz C300 Insurance Cost for 2023

We looked at average insurance prices from the Premium Sedan trim to the 4Matic Convertible model to find out how insurance rates for the C300 compare to similar vehicles.

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How much does Mercedes C300 insurance cost?

Car insurance rates for a Mercedes-Benz C300 average $1,948 a year for a full coverage policy on a 2023 model. Monthly insurance cost for the C300 ranges from $156 to $166, depending on the trim level being insured.

When splitting out the cost of individual coverages, comprehensive will cost about $510 a year, liability/medical (or PIP) coverage is an estimated $546, and the remaining collision insurance is around $892.

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 $1,456 per year for a driver age 60 with high deductibles to the highest policy cost of $4,506 per year for a 20-year-old driver with a $250 policy deductible.

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Chart Data Details: Chart shows average insurance cost for a 2023 Mercedes-Benz C300 with safe driver and claim-free discounts applied. Rates are for full-coverage insurance and averaged for all U.S. states and all Mercedes-Benz C300 trim levels.Data last updated on January 23, 2023
Mercedes-Benz C300 Car Insurance Rates
2023 Mercedes-Benz C300 Insurance Cost by Driver Age and Deductibles
Driver Age Deductible Annual Cost Monthly Cost
20$1,000$3,234$270
$500$3,854$321
$250$4,506$376
30$1,000$1,710$143
$500$2,060$172
$250$2,420$202
40$1,000$1,630$136
$500$1,948$162
$250$2,280$190
50$1,000$1,482$124
$500$1,770$148
$250$2,068$172
60$1,000$1,456$121
$500$1,738$145
$250$2,030$169

What is the cheapest Mercedes C300 car insurance?

The cheapest model of Mercedes C300 to insure is the Premium Sedan at around $1,872 per year, or about $156 per month. The second cheapest model is the Exclusive Sedan at $1,916 per year, and the third cheapest trim level to insure is the Pinnacle Sedan at $1,942 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 $1,970,  $1,980, and $1,996 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 Insurance Cost by Trim Level
Mercedes-Benz C300 Trim Level Annual Policy Six-Month Policy Per Month
Premium Sedan$1,872$936$156
Exclusive Sedan$1,916$958$160
Pinnacle Sedan$1,942$971$162
Coupe$1,948$974$162
Convertible$1,970$985$164
4Matic Coupe$1,980$990$165
4Matic Convertible$1,996$998$166

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Table Data Details: Average rates are for a 2023 Mercedes-Benz C300, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on February 5, 2023
Mercedes-Benz C300 Insurance Cost by Trim Level

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 $1,948 per year to insure for full coverage, while the segment average rate is $1,942 per year, a difference of $6 per year.

When average car insurance rates are compared to other small luxury cars, the Mercedes-Benz C300 costs $156 more per year than the BMW 330i, $22 less than the Volvo S60, $126 more than the Acura TLX, and $6 less than the Audi A4.

The chart below shows how 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.

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Chart Data Details: Average rates are for a 2023 model year Mercedes-Benz C300, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium, which is averaged for all Mercedes-Benz C300 trim levels. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
Mercedes-Benz C300 vs Top 10 Small Luxury Cars Insurance Rate Comparison
Mercedes-Benz C300 Insurance Cost Compared to All Small Luxury Cars
Rank Make/Model Insurance Cost Difference
1Acura Integra$1,584-$364
2BMW 330i$1,792-$156
3Acura TLX$1,822-$126
4Cadillac CT4$1,842-$106
5Genesis G70$1,880-$68
6BMW 330e$1,910-$38
7BMW 228i$1,920-$28
8BMW 230i$1,932-$16
9Mercedes-Benz C300$1,948--
10Audi A4$1,954$6
11Lexus RC 350$1,956$8
12Audi S3$1,968$20
13Volvo S60$1,970$22
14Alfa Romeo Giulia$1,992$44
15BMW M235i$1,996$48
16Lexus IS 350$2,028$80
17Audi RS 3$2,106$158
18BMW M240i$2,146$198
19BMW M340i$2,156$208

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 $198 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 $20 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 $8 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 $126 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 $550 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 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 $1,172 for a 60-year-old driver rated on a 2014 Mercedes-Benz C300 to a maximum value of $3,854 for a 20-year-old driving a 2023 model year.

Mercedes-Benz C300 Insurance Cost by Model Year
Model Year and Vehicle Driver Age 20 Driver Age 40 Driver Age 60
2023 Mercedes-Benz C300$3,854$1,948$1,738
2022 Mercedes-Benz C300$3,900$1,968$1,756
2021 Mercedes-Benz C300$3,862$1,938$1,734
2020 Mercedes-Benz C300$3,810$1,910$1,708
2019 Mercedes-Benz C300$3,524$1,766$1,580
2018 Mercedes-Benz C300$3,434$1,718$1,540
2017 Mercedes-Benz C300$3,252$1,630$1,462
2016 Mercedes-Benz C300$3,266$1,634$1,462
2015 Mercedes-Benz C300$3,056$1,530$1,368
2014 Mercedes-Benz C300$2,592$1,304$1,172
2013 Mercedes-Benz C300$2,768$1,398$1,246

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Table Data Details: Average rates for each driver age group are for a 12-month period and assume a clean driving record and no at-fault accidents. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
Mercedes-Benz C300 Insurance Cost by Model Year