- Mercedes E300 car insurance costs $1,842 per year (about $154 per month) on average for a full coverage policy, but can vary significantly based on driver age.
- The E300 is one of the cheaper midsize luxury cars to insure, costing $180 less per year on average when compared to rest of the 2019 segment.
- Drivers can find the cheapest insurance on the base Sedan trim at $1,820 per year, while the E300 4Matic Sedan is slightly more expensive at $1,868 per year.
How much does Mercedes E300 insurance cost?
Expect to pay an average of $1,842 a year for full coverage to insure a Mercedes-Benz E300, which is equal to $154 a month. Comprehensive (or other-than-collision) coverage is around $446 a year, liability and medical (or PIP) coverage costs an estimated $402, and the remaining collision coverage is an estimated $994.
The cost summary chart below details average car insurance rates on a 2019 Mercedes-Benz E300 with a variety of different driver ages and risk profiles.
The table below details average annual and 6-month car insurance policy costs, in addition to a monthly rate for budgeting, for each 2019 Mercedes-Benz E300 model and trim level.
2019 Mercedes-Benz E300 Trim Level | Annual Premium | Cost Per Month |
---|---|---|
Sedan | $1,820 | $152 |
4Matic Sedan | $1,868 | $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. Updated February 23, 2024
The following table shows average Mercedes E300 car insurance premiums for the 2017 to 2019 model years and for various driver ages.
Model Year and Vehicle | Driver Age 20 | Driver Age 40 | Driver Age 60 |
---|---|---|---|
2019 Mercedes-Benz E300 | $3,740 | $1,842 | $1,520 |
2018 Mercedes-Benz E300 | $3,548 | $1,754 | $1,448 |
2017 Mercedes-Benz E300 | $3,342 | $1,654 | $1,368 |
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 E300 trim levels for each model year. Updated February 23, 2024
We covered average insurance rates by trim level and model year in the tables above. The list below discusses some additional rates for different situations like high-risk coverage, cost by driver gender, and teenage drivers.
- Earn a discount from your profession. The vast majority of car insurance providers offer discounts for being employed in occupations like nurses, high school and elementary teachers, scientists, engineers, members of the military, dentists, and others. Obtaining this discount may save between $55 and $164 on your annual insurance cost, depending on the age of the driver.
- High-risk Mercedes-Benz E300 car insurance is expensive. For a 20-year-old driver, the requirement to buy a high-risk policy could end up with a rate increase of $2,928 or more per year.
- Young males pay a lot more for insurance. For a 2019 Mercedes E300, a 20-year-old male driver will pay an estimated rate of $3,740 per year, while a 20-year-old female driver will pay an average of $2,656, a difference of $1,084 per year. Women get significantly cheaper rates. But by age 50, the male rate is $1,622 and female driver rates are $1,584, a difference of only $38.
- Mercedes-Benz E300 insurance rates for teenagers are high. Average rates for full coverage E300 insurance costs $6,492 per year for a 16-year-old driver, $6,347 per year for a 17-year-old driver, $5,789 per year for an 18-year-old driver, and $5,224 per year for a 19-year-old driver.
- Bad drivers pay more. Multiple at-fault accidents raise rates, potentially as much as $2,652 per year for a 20-year-old driver and as much as $524 per year for a 50-year-old driver.
- Avoid driving violations to reduce policy cost. If you want the most reasonable price on E300 insurance rates, it’s necessary to follow traffic laws. A few traffic tickets could possibly raise insurance policy rates by as much as $486 per year. Being convicted of a major violation such as DUI/DWI and felony use of a motor vehicle could raise rates by an additional $1,716 or more.
- Research discounts to save money. Discounts may be available if the insureds are homeowners, insure their home and car with the same company, are military or federal employees, belong to certain professional organizations, or many other discounts which could save the average driver as much as $312 per year on their insurance cost.
How does Mercedes E300 car insurance cost rank?
The Mercedes-Benz E300 ranks 11th out of 39 comparison vehicles in the 2019 midsize luxury car class for car insurance affordability.
The E300 costs an average of $1,842 per year for insurance and the category average policy cost is $2,022 annually, a difference of $180 per year.
When compared directly to the other luxury models, insurance rates for a Mercedes-Benz E300 cost $110 more per year than the Lexus ES 350, $134 less than the BMW 530i, and $276 less than the Infiniti Q50.
The table below shows how insurance cost for a 2019 Mercedes-Benz E300 compares to the rest of the midsize luxury competition like the Lincoln MKZ, Mercedes-Benz CLA250, and the Audi A6. The ‘Difference’ column shows how much more or less each model costs to insure when compared to the E300.
Rank | Make and Model | Annual Premium | Difference |
---|---|---|---|
1 | Acura ILX | $1,496 | -$346 |
2 | Lexus IS 300 | $1,624 | -$218 |
3 | Lexus RC 300 | $1,698 | -$144 |
4 | Lexus ES 350 | $1,732 | -$110 |
5 | Lincoln MKZ | $1,752 | -$90 |
6 | Mercedes-Benz SLC300 | $1,756 | -$86 |
7 | Mercedes-Benz AMG CLA45 | $1,780 | -$62 |
8 | Audi A3 | $1,810 | -$32 |
9 | Mercedes-Benz CLA250 | $1,832 | -$10 |
10 | Audi S5 | $1,834 | -$8 |
11 | Mercedes-Benz E300 | $1,842 | -- |
12 | Genesis G80 | $1,856 | $14 |
13 | Lexus ES 300H | $1,876 | $34 |
14 | BMW 430i | $1,886 | $44 |
15 | Lexus GS 300 | $1,916 | $74 |
16 | Audi A6 | $1,928 | $86 |
17 | Audi S4 | $1,936 | $94 |
18 | Lexus GS 350 | $1,942 | $100 |
19 | Mercedes-Benz CLS450 | $1,950 | $108 |
20 | BMW 530i | $1,976 | $134 |
21 | BMW 540i | $1,978 | $136 |
22 | Mercedes-Benz E450 | $2,002 | $160 |
23 | Jaguar XF | $2,012 | $170 |
24 | BMW 440i | $2,022 | $180 |
25 | Mercedes-Benz AMG C43 | $2,070 | $228 |
26 | Mercedes-Benz SL450 | $2,076 | $234 |
27 | BMW 530e | $2,102 | $260 |
28 | Infiniti Q50 | $2,118 | $276 |
29 | BMW M550i | $2,210 | $368 |
30 | Audi RS 5 | $2,218 | $376 |
31 | BMW 640i | $2,246 | $404 |
32 | Mercedes-Benz AMG C63 | $2,256 | $414 |
33 | Tesla Model S | $2,258 | $416 |
34 | Lexus GS F | $2,360 | $518 |
35 | Mercedes-Benz SL550 | $2,370 | $528 |
36 | Audi A7 | $2,386 | $544 |
37 | Lexus LC 500H | $2,408 | $566 |
38 | BMW M5 | $2,540 | $698 |
39 | BMW M6 | $2,814 | $972 |
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 2019 model year. Updated February 23, 2024