How Much Does Mercedes-Benz E450 Insurance Cost?

• Car insurance rates for a Mercedes-Benz E450 average $2,232 per year or around $186 per month, but vary considerably based on driver age and policy deductibles.
• The E450 4Matic Sedan trim level is the cheapest to insure at $2,116 per year. The most expensive trim is the 4Matic Convertible at an average of $2,304 per year.
• The Mercedes-Benz E450 is one of the cheaper midsize luxury cars to insure, costing $10 less per year on average as compared to the rest of the vehicles in the segment.

How much does Mercedes-Benz E450 insurance cost?

Drivers should budget around about $2,232 a year to insure a Mercedes-Benz E450, which is about $186 each month. When a policy is broken down into individual coverages, comprehensive (or other-than-collision) coverage will cost approximately $582 a year, liability and medical (or PIP) coverage is about $534, and the remaining collision coverage costs approximately $1,116.

The chart below illustrates how Mercedes E450 car insurance rates change based on the age of the driver and the amount of physical damage deductibles.

The next table details the estimated yearly and 6-month policy costs, including a monthly insurance rate, for each Mercedes-Benz E450 package and trim.

The table below illustrates average full coverage insurance rates for a Mercedes-Benz E450 for the 2019 to 2023 model years.

How do E450 car insurance rates rank?

The Mercedes E450 ranks 21^st out of 38 total vehicles in the midsize luxury car category for most affordable insurance cost. The E450 costs an average of $2,232 per year to insure and the segment average car insurance cost is $2,242 annually, a difference of $10 per year.

When rates are compared to other vehicles in the midsize luxury car class, insurance rates for a Mercedes-Benz E450 cost $330 more per year than the Lexus ES 350, $110 more than the BMW 530i, and $226 less than the Infiniti Q50.

The table below shows how well E450 insurance rates compare to all other midsize luxury cars in the U.S. like the Mercedes-Benz CLA250, Audi A6, and the Tesla Model S.

Supplementary E450 insurance rates and insights

Some additional relevant data observations about E450 insurance rates include:

• Qualify for policy discounts to save money. Discounts may be available if the insureds are homeowners, choose electronic billing, insure their home and car with the same company, insure multiple vehicles on the same policy, or many other policy discounts which could save the average driver as much as $376 per year on the cost of insuring a Mercedes-Benz E450.
• No accidents means better rates. Too many at-fault accidents can cost more, potentially up to $1,036 per year for a 30-year-old driver and as much as $656 per year for a 60-year-old driver.
• Bring up your credit score to save money. Maintaining a high credit score could save $350 per year when compared to a slightly lower credit score between 670-739. Conversely, a credit score below 579 could cost around $406 more per year.
• Young male drivers pay the highest rates. For a 2023 Mercedes E450, a 20-year-old male pays an estimated $4,442 per year, while a 20-year-old woman pays $3,278, a difference of $1,164 per year. The females get much better rates. But by age 50, male driver rates are $2,030 and the cost for female drivers is $1,988, a difference of only $42.
• Get a discount from your profession. Many car insurance providers offer policy discounts for working in professions like high school and elementary teachers, engineers, police officers and law enforcement, scientists, nurses, college professors, and others. By qualifying for this profession discount, you could potentially save between $67 and $178 on your yearly E450 insurance premium, depending on the level of coverage purchased.
• Make your policy cheaper by raising deductibles. Raising deductibles from $500 to $1,000 could save around $386 per year for a 40-year-old driver and $756 per year for a 20-year-old driver.
• Low deductibles will increase rates. Lowering your policy deductibles from $500 to $250 could cost an additional $402 per year for a 40-year-old driver and $798 per year for a 20-year-old driver.
• Driving violations increase insurance rates. To pay the cheapest possible E450 insurance rates, it pays to be a good, safe driver. A couple of minor incidents on your driving report have the ramification of raising the cost of a policy by as much as $580 per year. Serious violations such as DUI and hit-and-run could raise rates by an additional $2,040 or more.