- Mercedes-Benz EQB 350 insurance rates average $2,614 per year or $1,307 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 $2,588 per year.
- The EQB 350 4Matic Pinnacle SUV is the most expensive to insure at $2,638 per year.
How much does Mercedes-Benz EQB 350 insurance cost?
Drivers should budget around $2,614 per year for a full coverage policy to insure a Mercedes-Benz EQB 350, or around $218 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.
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 Trim Level | Annual Premium | Cost Per Month |
|---|---|---|
| 4Matic Premium SUV | $2,588 | $216 |
| 4Matic Exclusive SUV | $2,616 | $218 |
| 4Matic Pinnacle SUV | $2,638 | $220 |
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 October 24, 2025
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 $410 per year compared to a credit rating between 670-739. Conversely, a poor credit score could cost as much as $476 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 ($2,304 per year) and a 30-year-old driver ($2,796 per year) is $492, or a savings of 19.3%.
- Bad drivers pay more. At-fault accidents raise insurance rates, possibly by an extra $3,712 per year for a 20-year-old driver and as much as $604 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 $9,165 per year for a 16-year-old driver, $8,933 per year for a 17-year-old driver, $8,101 per year for an 18-year-old driver, and $7,339 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 $448 per year for a 40-year-old driver and $880 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 $468 per year for a 40-year-old driver and $932 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 $2,614 per year for insurance and the segment average insurance cost is $2,603 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 $42 more per year than the Mercedes-Benz GLC300, $216 less than the BMW X3, and $56 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.
| Rank | Make and Model | Annual Premium | Difference |
|---|---|---|---|
| 1 | Acura RDX | $2,006 | -$608 |
| 2 | Lexus NX 250 | $2,124 | -$490 |
| 3 | Cadillac XT4 | $2,166 | -$448 |
| 4 | Lexus NX 350h | $2,264 | -$350 |
| 5 | Lincoln Corsair | $2,292 | -$322 |
| 6 | Mercedes-Benz GLB 250 | $2,296 | -$318 |
| 7 | Lexus UX 250h | $2,300 | -$314 |
| 8 | Lexus NX 450h | $2,314 | -$300 |
| 9 | Mercedes-Benz GLA250 | $2,340 | -$274 |
| 10 | Mercedes-Benz GLA35 AMG | $2,348 | -$266 |
| 11 | Land Rover Evoque | $2,396 | -$218 |
| 12 | Lexus NX 350 | $2,406 | -$208 |
| 13 | Volvo XC40 | $2,416 | -$198 |
| 14 | Volvo XC60 | $2,430 | -$184 |
| 15 | Alfa Romeo Tonale | $2,434 | -$180 |
| 16 | Mercedes-Benz GLA45 AMG | $2,446 | -$168 |
| 17 | BMW X1 | $2,476 | -$138 |
| 18 | Infiniti QX55 | $2,482 | -$132 |
| 19 | Volvo C40 | $2,502 | -$112 |
| 20 | BMW X2 | $2,510 | -$104 |
| 21 | Lexus RZ 450e | $2,542 | -$72 |
| 22 | Mercedes-Benz EQB 300 | $2,554 | -$60 |
| 23 | Mercedes-Benz GLC300 | $2,572 | -$42 |
| 24 | Mercedes-Benz EQB 350 | $2,614 | -- |
| 25 | Genesis GV70 | $2,642 | $28 |
| 26 | Audi Q3 | $2,660 | $46 |
| 27 | Audi Q5 | $2,670 | $56 |
| 28 | Alfa Romeo Stelvio | $2,694 | $80 |
| 29 | Land Rover Range Rover Velar | $2,726 | $112 |
| 30 | BMW X4 | $2,780 | $166 |
| 31 | Audi Q4 | $2,800 | $186 |
| 32 | BMW X3 | $2,830 | $216 |
| 33 | Genesis GV60 | $2,918 | $304 |
| 34 | Porsche Macan | $2,962 | $348 |
| 35 | Jaguar I-Pace | $3,000 | $386 |
| 36 | Land Rover Defender | $3,114 | $500 |
| 37 | Jaguar F-Pace | $3,206 | $592 |
| 38 | Aston Martin DBX | $4,672 | $2,058 |
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 October 24, 2025
