- Mercedes-Benz EQE 350 insurance rates average $2,206 per year or $1,103 for a semi-annual policy, but vary considerably based on policy limits.
- Out of 34 vehicles in the midsize luxury car segment, the EQE 350 ranks 14th for car insurance affordability.
- With an insurance cost range of $58, the cheapest EQE 350 trim level to insure is the base Sedan at around $2,178 per year, and the most expensive trim being the Plus Sedan at $2,236 annually.
How much does Mercedes-Benz EQE 350 insurance cost?
Ranked 14th out of 34 vehicles in the midsize luxury car class, Mercedes-Benz EQE 350 insurance costs on average $2,206 annually, or about $184 on a monthly basis.
With the average midsize luxury car costing $2,328 a year to insure, the Mercedes EQE 350 could save an estimated $122 or more annually when compared to similar models.
A few factors that can affect the price you pay are driver age, policy deductibles, and your driving record. The chart below shows different average rates using variations of those three factors.
Depending on the EQE 350 trim level being insured, monthly car insurance rates range from $182 to $186, with the Civic base Sedan being cheapest and the Civic Plus Sedan costing the most to insure.
The table below breaks out those monthly rates, plus annual and semi-annual rates, by trim levels for the 2024 model year.
2024 Mercedes-Benz EQE 350 Trim Level | Annual Premium | Cost Per Month |
---|---|---|
Base Sedan | $2,178 | $182 |
Plus Sedan | $2,236 | $186 |
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
The list below shows how some additional factors impact the cost of auto insurance. Some factors drive up the cost, like being required to buy high-risk insurance, and some lower the cost, like having good credit.
- High-risk Mercedes-Benz EQE 350 car insurance is expensive. For a 50-year-old driver, having to buy a high-risk insurance policy could raise rates by $2,552 or more per year.
- Earn a discount from your choice of occupation. Some insurance companies offer discounts for certain occupations like police officers and law enforcement, architects, emergency medical technicians, engineers, members of the military, and others. By working in a profession that qualifies for this discount, you could save between $66 and $185 on your Mercedes-Benz EQE 350 insurance bill, depending on your age.
- Increasing deductibles lowers insurance cost. Raising your policy deductibles from $500 to $1,000 could save around $386 per year for a 40-year-old driver and $758 per year for a 20-year-old driver.
- Avoiding accidents makes for cheaper insurance. Too many at-fault accidents will increase rates, potentially by an extra $3,114 per year for a 20-year-old driver and as much as $890 per year for a 40-year-old driver.
- Great credit can mean great car insurance rates. Having an over-800 credit score could save a minimum of $346 per year when compared to a credit score between 670-739. Conversely, a weak credit score could cost around $401 more per year.
- Driving violations increase insurance rates. To pay the best price on EQE 350 insurance rates, it’s necessary to be a good, safe driver. In fact, just one or two blemishes on your motor vehicle report have the ramification of increasing rates as much as $578 per year. Being convicted of a crime such as driving under the influence of drugs or alcohol could raise rates by an additional $2,028 or more.
How does EQE 350 insurance cost compare?
When insurance prices are compared to the best-selling models in the midsize luxury car category, insurance rates for a Mercedes-Benz EQE 350 cost $226 more per year than the Lexus ES 350, $282 less than the Tesla Model S, and $130 less than the BMW 540i.
The Mercedes-Benz EQE 350 ranks 14th out of 34 comparison vehicles in the midsize luxury car segment for auto insurance affordability. The EQE 350 costs an estimated $2,206 per year to insure, while the segment average policy cost is $2,328 per year, a difference of $122 less per year.
The following chart shows how insurance rates for a 2024 Mercedes-Benz EQE 350 fare against the top 10 selling midsize luxury cars like the Mercedes-Benz CLS450, Audi A3, and the Cadillac CT5. An additional rankings table is also included following the chart that ranks average car insurance rates for the entire midsize luxury car category.
Rank | Make and Model | Annual Premium | Difference |
---|---|---|---|
1 | Mercedes-Benz CLA250 | $1,954 | -$252 |
2 | Lexus IS 300 | $1,956 | -$250 |
3 | Lexus ES 350 | $1,980 | -$226 |
4 | Mercedes-Benz AMG CLA35 | $1,988 | -$218 |
5 | Lexus RC 300 | $1,994 | -$212 |
6 | Jaguar XF | $2,008 | -$198 |
7 | Cadillac CT5 | $2,044 | -$162 |
8 | Lexus ES 250 | $2,054 | -$152 |
9 | Lexus ES 300h | $2,082 | -$124 |
10 | Audi A3 | $2,132 | -$74 |
11 | Infiniti Q50 | $2,148 | -$58 |
12 | Mercedes-Benz AMG CLA45 | $2,174 | -$32 |
13 | Audi S4 | $2,184 | -$22 |
14 | Mercedes-Benz EQE 350 | $2,206 | -- |
15 | BMW i4 | $2,214 | $8 |
16 | Lexus IS 500 | $2,242 | $36 |
17 | BMW 530i | $2,306 | $100 |
18 | Audi S5 | $2,330 | $124 |
19 | BMW 540i | $2,336 | $130 |
20 | BMW 430i | $2,386 | $180 |
21 | BMW i5 | $2,396 | $190 |
22 | Genesis G80 | $2,408 | $202 |
23 | Mercedes-Benz EQE 500 | $2,436 | $230 |
24 | Mercedes-Benz AMG C43 | $2,452 | $246 |
25 | Audi A6 | $2,458 | $252 |
26 | Tesla Model S | $2,488 | $282 |
27 | BMW 530e | $2,510 | $304 |
28 | Audi RS 5 | $2,516 | $310 |
29 | Audi S6 | $2,534 | $328 |
30 | BMW M440i | $2,600 | $394 |
31 | Audi A7 | $2,646 | $440 |
32 | Lexus LC 500h | $2,842 | $636 |
33 | Audi S7 | $2,934 | $728 |
34 | BMW M8 | $3,198 | $992 |
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