Mercedes-Benz E350 Insurance Cost – [2023 Rates + Rankings]

How much does E350 car insurance cost? We break down auto insurance rates by model year for the E350 4-Matic sedan and station wagon to see how prices compare side-by-side to all other midsize luxury cars.

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  • Mercedes E350 car insurance costs an average of $2,054 per year, or around $171 per month for full coverage.
  • The cheapest E350 trim to insure is the 4Matic Sedan trim level at an estimated $2,028 per year.
  • The E350 Sedan is the most expensive to insure at $2,080 per year.
  • Out of 38 models in the midsize luxury car segment, the E350 ranks 13th for insurance cost.

How much does Mercedes E350 insurance cost?

Ranked 13th out of 38 vehicles in the midsize luxury car class, Mercedes-Benz E350 insurance costs on average $2,054 annually, or $171 each month. With the average midsize luxury car costing $2,242 a year to insure, the Mercedes-Benz E350 could save around $188 or more on an annual basis.

The rate chart below shows average insurance cost for a 2023 Mercedes-Benz E350 using variations of driver age and risk profiles.

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Chart Data Details: Average rates are for a 2023 model year Mercedes-Benz E350 with safe driver and claim-free discounts applied to qualifying risk profiles. Discount Rate includes all possible rate discounts including multi-vehicle, multi-policy, homeowner, and others. Physical damage deductibles are $500 except for low and high deductible estimates which are $100 and $1,000, respectively. Rates are averaged across all U.S. states and all Mercedes-Benz E350 trim levels.Data last updated on December 30, 2022
Mercedes-Benz E350 Insurance Cost Summary
2023 Mercedes-Benz E350 Insurance Cost Summary
Driver Risk Profile Annual Rate Monthly Rate
High Risk Driver Age 30$4,648$387
Safe Driver Age 20$4,072$339
At-fault Accidents Age 40$2,882$240
Low Deductibles Age 40$2,710$226
Safe Driver Age 30$2,176$181
Safe Driver Age 40$2,054$171
Safe Driver Age 50$1,868$156
Safe Driver Age 60$1,832$153
High Deductibles Age 40$1,716$143
Discount Rate Age 40$1,706$142

The table below displays the estimated annual and 6-month policy costs, including a monthly budget figure, for each Mercedes-Benz E350 model package and trim level.

2023 Mercedes-Benz E350 Insurance Cost by Trim Level
Mercedes-Benz E350 Trim Level Annual Policy Six-Month Policy Per Month
4Matic Sedan$2,028$1,014$169
Sedan$2,080$1,040$173

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Table Data Details: Average rates are for a 2023 Mercedes-Benz E350, 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 E350 Insurance Cost by Trim Level

The following data table illustrates average Mercedes E350 car insurance policy premiums from the 2013 to the 2023 model years and a range of rated drivers.

Mercedes-Benz E350 Insurance Cost by Model Year
Model Year and Vehicle Driver Age 20 Driver Age 40 Driver Age 60
2023 Mercedes-Benz E350$4,072$2,054$1,832
2022 Mercedes-Benz E350$4,124$2,068$1,848
2021 Mercedes-Benz E350$3,958$1,984$1,772
2020 Mercedes-Benz E350$3,904$1,954$1,746
2016 Mercedes-Benz E350$3,406$1,702$1,526
2015 Mercedes-Benz E350$3,224$1,608$1,442
2014 Mercedes-Benz E350$3,182$1,594$1,428
2013 Mercedes-Benz E350$2,942$1,476$1,320

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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 December 30, 2022
Mercedes-Benz E350 Insurance Cost by Model Year

How well do E350 insurance prices rank?

The Mercedes-Benz E350 ranks 13th out of 38 total comparison vehicles in the midsize luxury car category for auto insurance affordability. The E350 costs an average of $2,054 per year for an auto insurance policy with full coverage, while the class average auto insurance cost is $2,242 annually, a difference of $188 per year.

When average rates are compared to some other models in the midsize luxury car category, insurance prices for a Mercedes E350 cost $152 more per year than the Lexus ES 350, $68 less than the BMW 530i, and $404 less than the Infiniti Q50.

The table below shows how well the E350 fares against the top 10 best-selling midsize luxury cars in America like the Mercedes-Benz CLA250, Audi A6, and the Tesla Model S.

Insurance Cost Comparison: Mercedes-Benz E350 vs Midsize Luxury Cars
Rank Make/Model Insurance Cost Difference
1Cadillac CT5$1,898-$156
2Lexus ES 350$1,902-$152
3Lexus ES 250$1,914-$140
4Lexus RC 300$1,920-$134
5Mercedes-Benz AMG CLA35$1,924-$130
6Audi A3$1,928-$126
7Mercedes-Benz AMG CLA45$1,968-$86
8Mercedes-Benz CLA250$1,978-$76
9Lexus IS 300$1,986-$68
10Jaguar XF$1,988-$66
11Audi S4$2,030-$24
12BMW i4$2,040-$14
13Mercedes-Benz E350$2,054--
14Lexus ES 300h$2,082$28
15BMW 530i$2,122$68
16Audi A6$2,164$110
17Audi S5$2,166$112
18BMW 540i$2,170$116
19BMW 430i$2,206$152
20Lexus IS 500$2,212$158
21Mercedes-Benz E450$2,232$178
22Genesis G80$2,238$184
23Mercedes-Benz CLS450$2,296$242
24Mercedes-Benz EQE 350$2,312$258
25Audi RS 5$2,318$264
26BMW 530e$2,330$276
27Audi S6$2,354$300
28Mercedes-Benz AMG C43$2,358$304
29BMW M440i$2,362$308
30Mercedes-Benz EQE 500$2,364$310
31Audi A7$2,456$402
32Infiniti Q50$2,458$404
33Lexus LC 500h$2,640$586
34BMW M550i$2,644$590
35Tesla Model S$2,704$650
36Audi S7$2,720$666
37BMW M5$2,800$746
38BMW M8$2,954$900

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are based on the 2023 model year, with the rated driver being a 40-year-old married male with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to rates, which are averaged for all vehicle trim levels. Full-coverage physical damage deductibles are $500 and rates are also averaged for all U.S. states.Data last updated on December 30, 2022
Insurance Cost Comparison: Mercedes-Benz E350 vs Midsize Luxury Cars

Other rates and insights

Some additional notable observations as they relate to insurance cost on a Mercedes-Benz E350 include:

  • More mature drivers get better rates than young drivers. The difference in insurance cost on a 2023 E350 between a 60-year-old driver ($1,832 per year) and a 30-year-old driver ($2,176 per year) is $344, or a savings of 17.2%.
  • The higher deductible you choose, the lower the policy cost. Boosting your deductibles from $500 to $1,000 could save around $338 per year for a 40-year-old driver and $656 per year for a 20-year-old driver.
  • Low deductibles will increase rates. Cutting your deductibles from $500 to $250 could cost an additional $354 per year for a 40-year-old driver and $694 per year for a 20-year-old driver.
  • Excellent credit equals excellent rates. Drivers with high 800+ credit scores could save $322 per year versus a slightly lower credit rating between 670-739. Conversely, a less-than-good credit score could cost up to $374 more per year.
  • Mercedes-Benz E350 insurance rates for teens are expensive. Average rates for full coverage E350 insurance costs $7,210 per year for a 16-year-old driver, $6,772 per year for a 17-year-old driver, $6,338 per year for an 18-year-old driver, and $5,760 per year for a 19-year-old driver.
  • Driver age and gender matter. For a 2023 Mercedes-Benz E350, a 20-year-old man receives an average rate of $4,072 per year, while a 20-year-old female pays an average of $3,020, a difference of $1,052 per year in the women’s favor by a large margin. But by age 50, the cost for male drivers is $1,868 and the cost for a female driver is $1,830, a difference of only $38.
  • Get cheaper rates because of your job. Many auto insurance companies offer policy discounts for occupations like lawyers, firefighters, nurses, college professors, members of the military, and others. Getting this discount applied to your policy could save between $62 and $178 on your yearly insurance cost, depending on your age.