2025 Car Insurance Prices: Mercedes-Benz EQB 350 Rates and Rankings

We break down rates from the base EQB 350 4Matic Premium up to the loaded 4Matic Pinnacle trim level to see how insurance prices compare to the entire compact luxury SUV class.

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  • Mercedes-Benz EQB 350 insurance rates average $2,552 per year or $1,276 for a semi-annual policy, but can vary a lot based on the policy limits.
  • The 2024 Mercedes-Benz EQB 350 is one of the more expensive small luxury SUVs to insure, costing $11 more per year on average as compared to the rest of the vehicles in the segment.
  • The cheapest EQB 350 trim to insure is the 4Matic Premium SUV trim level at an estimated $2,526 per year.
  • The EQB 350 4Matic Pinnacle SUV is the most expensive to insure at $2,574 per year.

How much does Mercedes-Benz EQB 350 insurance cost?

Drivers should budget around $2,552 per year for a full coverage policy to insure a Mercedes-Benz EQB 350, or around $213 a month.

Rates vary considerably depending on your age, location, driving record, and other factors, and the chart below shows average car insurance cost for an EQB 350 using a range of policy scenarios.

Average 2024 Mercedes-Benz EQB 350 insurance premiums for different driver ages and risk scenarios.
Figure 1: Average 2024 Mercedes-Benz EQB 350 insurance premiums for different driver ages and risk scenarios. Rates updated on June 27, 2025.

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Data Methodology: Average rates are for a 2024 model year Mercedes-Benz EQB 350 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 which vary by company. Comprehensive and collision 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 EQB 350 trim levels.

2024 Mercedes-Benz EQB 350 Insurance Cost Summary
Driver Risk Profile Annual Premium Cost Per Month
High Risk Driver Age 30$5,854$488
Safe Driver Age 20$5,134$428
At-fault Accidents Age 40$3,590$299
Low Deductibles Age 40$3,404$284
Safe Driver Age 30$2,730$228
Safe Driver Age 40$2,552$213
Safe Driver Age 50$2,250$188
Discount Rate Age 40$2,118$177
High Deductibles Age 40$2,114$176
Safe Driver Age 60$2,108$176

Data Methodology: Comprehensive and collision deductibles are $500 except for low and high deductible estimates which are $100 and $1,000, respectively. Discount Rate includes all possible rate discounts including multi-vehicle, multi-policy, homeowner, and others which vary by company. Rates are averaged for all 2024 Mercedes-Benz EQB 350 trim levels. Updated June 27, 2025

Insurance rates also depend on the exact EQB 350 model that you’re insuring. As with most other vehicles, the more a trim level costs, generally the higher the insurance cost will be as well.

The next table demonstrates this, as it breaks down the range of rates for a 2024 model year EQB 300 by trim level.

2024 Mercedes-Benz EQB 350 Insurance Rates by Trim Level
2024 Mercedes-Benz EQB 350 Trim Level Annual Premium Cost Per Month
4Matic Premium SUV$2,526$211
4Matic Exclusive SUV$2,554$213
4Matic Pinnacle SUV$2,574$215

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 June 26, 2025

Insurance cost by trim level for a 2024 Mercedes-Benz EQB 350 ranging from the 4Matic Premium SUV model at $2,526 per year to the 4Matic Pinnacle SUV model at $2,574
Insurance cost by trim level for a 2024 Mercedes-Benz EQB 350 ranging from the 4Matic Premium SUV model at $2,526 per year to the 4Matic Pinnacle SUV model at $2,574

Additional factors that affect insurance cost

Car insurance rates consist of a complex formula with many inputs that can either raise or lower the final policy price. The list below details some additional factors that impact the cost of insurance on an EQB 350.

  • Good credit can save money. Having an over-800 credit score may save $401 per year compared to a credit rating between 670-739. Conversely, a poor credit score could cost as much as $464 more per year.
  • As driver age increases, insurance rates tend to go down. The difference in 2024 Mercedes-Benz EQB 350 insurance cost between a 50-year-old driver ($2,250 per year) and a 30-year-old driver ($2,730 per year) is $480, or a savings of 19.3%.
  • Bad drivers pay more. At-fault accidents raise insurance rates, possibly by an extra $3,622 per year for a 20-year-old driver and as much as $590 per year for a 60-year-old driver.
  • Mercedes-Benz EQB 350 insurance for teen drivers is expensive. Average rates for full coverage EQB 350 insurance costs $8,947 per year for a 16-year-old driver, $8,716 per year for a 17-year-old driver, $7,908 per year for an 18-year-old driver, and $7,165 per year for a 19-year-old driver.
  • Raising deductibles results in a cheaper policy. Raising the comprehensive and collision deductibles from $500 to $1,000 could save around $438 per year for a 40-year-old driver and $860 per year for a 20-year-old driver.
  • Low physical damage deductibles increases cost. Decreasing your policy deductibles from $500 to $250 could cost an additional $456 per year for a 40-year-old driver and $912 per year for a 20-year-old driver.

How does EQB 350 insurance cost compare?

The Mercedes-Benz EQB 350 ranks 24th out of 38 total comparison vehicles in the small luxury SUV category for car insurance affordability. The EQB 350 costs an average of $2,552 per year for insurance and the segment average insurance cost is $2,541 annually, a difference of $11 more per year.

When compared side-by-side to some other models in the small luxury SUV category, insurance prices for a Mercedes-Benz EQB 350 cost $40 more per year than the Mercedes-Benz GLC300, $212 less than the BMW X3, and $54 less than the Audi Q5.

The table below shows how average EQB 350 car insurance cost compares to all other compact luxury SUV models for the 2024 model year.

Insurance Cost Comparison: Mercedes-Benz EQB 350 vs Small Luxury SUVs
Rank Make and Model Annual Premium Difference
1Acura RDX$1,958-$594
2Lexus NX 250$2,072-$480
3Cadillac XT4$2,114-$438
4Lexus NX 350h$2,210-$342
5Lincoln Corsair$2,236-$316
6Mercedes-Benz GLB 250$2,240-$312
7Lexus UX 250h$2,246-$306
8Lexus NX 450h$2,258-$294
9Mercedes-Benz GLA250$2,282-$270
10Mercedes-Benz GLA35 AMG$2,290-$262
11Land Rover Evoque$2,336-$216
12Lexus NX 350$2,348-$204
13Volvo XC40$2,356-$196
14Volvo XC60$2,370-$182
15Alfa Romeo Tonale$2,376-$176
16Mercedes-Benz GLA45 AMG$2,388-$164
17BMW X1$2,420-$132
18Infiniti QX55$2,424-$128
19Volvo C40$2,442-$110
20BMW X2$2,452-$100
21Lexus RZ 450e$2,478-$74
22Mercedes-Benz EQB 300$2,492-$60
23Mercedes-Benz GLC300$2,512-$40
24Mercedes-Benz EQB 350$2,552--
25Genesis GV70$2,582$30
26Audi Q3$2,596$44
27Audi Q5$2,606$54
28Alfa Romeo Stelvio$2,630$78
29Land Rover Range Rover Velar$2,660$108
30BMW X4$2,712$160
31Audi Q4$2,736$184
32BMW X3$2,764$212
33Genesis GV60$2,848$296
34Porsche Macan$2,894$342
35Jaguar I-Pace$2,926$374
36Land Rover Defender$3,042$490
37Jaguar F-Pace$3,130$578
38Aston Martin DBX$4,562$2,010

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 June 26, 2025

At $2,552 per year, insurance cost for a 2024 Mercedes-Benz EQB 350 ranks 24th out of 38 models in the small luxury SUV segment
At $2,552 per year, insurance cost for a 2024 Mercedes-Benz EQB 350 ranks 24th out of 38 models in the small luxury SUV segment