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