- Car insurance rates for a Mercedes-Benz EQB 300 average $2,018 per year or around $168 per month.
- The cheapest model of Mercedes-Benz EQB 300 to insure is the 4Matic Premium SUV at around $1,990 per year, or about $166 per month.
- Out of 38 vehicles in the 2024 small luxury SUV segment, the EQB 300 ranks 22nd for auto insurance affordability.
How much does Mercedes-Benz EQB 300 insurance cost?
Ranked 22nd out of 38 vehicles in the small luxury SUV class, Mercedes-Benz EQB 300 insurance costs around $2,018 a year, or around $168 on a monthly basis.
With the average small luxury SUV costing $2,058 a year to insure, the Mercedes-Benz EQB 300 could save you around $40 less on your annual car insurance bill than similar models.
The cost summary chart below shows average annual car insurance cost for a 2024 model year Mercedes EQB 300 using a range of driver ages and risk profiles.
Which EQB 300 model costs the least to insure? The table below breaks out average rates for each of the trims available on the 2024 SUV model, with the cheapest to insure being the 4Matic Premium SUV model.
| 2024 Mercedes-Benz EQB 300 Trim Level | Annual Premium | Cost Per Month |
|---|---|---|
| 4Matic Premium SUV | $1,990 | $166 |
| 4Matic Exclusive SUV | $2,012 | $168 |
| 4Matic Pinnacle SUV | $2,054 | $171 |
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
Mercedes-Benz EQB 300 insurance rates compared
As stated before, the Mercedes-Benz EQB 300 ranks 22nd out of 38 total comparison vehicles in the small luxury SUV category for most affordable car insurance cost.
When compared directly to popular vehicles in the small luxury SUV segment, car insurance prices for a Mercedes-Benz EQB 300 cost $16 less per year than the Mercedes-Benz GLC300, $220 less than the BMW X3, and $92 less than the Audi Q5.
The following table shows how EQB 300 insurance rates compare to all other models in the 2024 compact luxury SUV segment.
| Rank | Make and Model | Annual Premium | Difference |
|---|---|---|---|
| 1 | Acura RDX | $1,586 | -$432 |
| 2 | Lexus NX 250 | $1,680 | -$338 |
| 3 | Cadillac XT4 | $1,712 | -$306 |
| 4 | Lexus NX 350h | $1,790 | -$228 |
| 5 | Lincoln Corsair | $1,814 | -$204 |
| 6 | Mercedes-Benz GLB 250 | $1,816 | -$202 |
| 7 | Lexus UX 250h | $1,818 | -$200 |
| 8 | Lexus NX 450h | $1,830 | -$188 |
| 9 | Mercedes-Benz GLA250 | $1,844 | -$174 |
| 10 | Mercedes-Benz GLA35 AMG | $1,856 | -$162 |
| 11 | Land Rover Evoque | $1,894 | -$124 |
| 12 | Lexus NX 350 | $1,904 | -$114 |
| 13 | Volvo XC40 | $1,910 | -$108 |
| 14 | Volvo XC60 | $1,920 | -$98 |
| 15 | Alfa Romeo Tonale | $1,926 | -$92 |
| 16 | Mercedes-Benz GLA45 AMG | $1,936 | -$82 |
| 17 | BMW X1 | $1,958 | -$60 |
| 18 | Infiniti QX55 | $1,964 | -$54 |
| 19 | Volvo C40 | $1,978 | -$40 |
| 20 | BMW X2 | $1,986 | -$32 |
| 21 | Lexus RZ 450e | $2,008 | -$10 |
| 22 | Mercedes-Benz EQB 300 | $2,018 | -- |
| 23 | Mercedes-Benz GLC300 | $2,034 | $16 |
| 24 | Mercedes-Benz EQB 350 | $2,066 | $48 |
| 25 | Genesis GV70 | $2,092 | $74 |
| 26 | Audi Q3 | $2,102 | $84 |
| 27 | Audi Q5 | $2,110 | $92 |
| 28 | Alfa Romeo Stelvio | $2,130 | $112 |
| 29 | Land Rover Range Rover Velar | $2,156 | $138 |
| 30 | BMW X4 | $2,198 | $180 |
| 31 | Audi Q4 | $2,216 | $198 |
| 32 | BMW X3 | $2,238 | $220 |
| 33 | Genesis GV60 | $2,308 | $290 |
| 34 | Porsche Macan | $2,342 | $324 |
| 35 | Jaguar I-Pace | $2,370 | $352 |
| 36 | Land Rover Defender | $2,464 | $446 |
| 37 | Jaguar F-Pace | $2,536 | $518 |
| 38 | Aston Martin DBX | $3,696 | $1,678 |
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 2024 model year. Updated February 23, 2024
A 2024 Mercedes-Benz EQB 300 has an average MSRP of $56,183, ranging from the cheapest 4Matic Premium SUV model at $54,500 to the most expensive 4Matic Pinnacle SUV costing $58,300.
The vehicles in the small luxury SUV segment closest in price to the Mercedes-Benz EQB 300 are the Mercedes-Benz GLA45 AMG, Alfa Romeo Stelvio, Genesis GV70, and Audi Q5. The next list shows how they compare to a 2024 Mercedes-Benz EQB 300 for MSRP and the cost to insure.
- Compared to the Mercedes-Benz GLA45 AMG – With an average dealer MSRP of $56,900 ($55,400 to $58,400), the Mercedes-Benz GLA45 AMG costs $717 more than the MSRP for the Mercedes-Benz EQB 300. Insuring a 2024 Mercedes-Benz EQB 300 compared to the Mercedes-Benz GLA45 AMG costs an average of $82 more annually.
- Compared to the Alfa Romeo Stelvio – Having an average purchase price of $56,968 ($45,375 to $87,275), the Alfa Romeo Stelvio costs $785 more than the average sticker price for the Mercedes-Benz EQB 300. The cost to insure a Mercedes-Benz EQB 300 compared to the Alfa Romeo Stelvio is $112 less each year on average.
- Compared to the Genesis GV70 – The average MSRP for a 2024 Mercedes-Benz EQB 300 is $1,251 cheaper than the Genesis GV70, at $56,183 compared to $57,434. Insurance on a 2024 EQB 300 costs an average of $74 less every 12 months than the Genesis GV70.
- Compared to the Audi Q5 – The average MSRP for a 2024 Mercedes-Benz EQB 300 is $1,308 more expensive than the Audi Q5, at $56,183 compared to $54,875. Insuring a Mercedes-Benz EQB 300 compared to the Audi Q5 costs an average of $92 less per year.