Insuring a Mercedes-Benz EQE 350: Everything You Need to Know

We analyzed rates from the EQE 350 Base Sedan to the Plus Sedan model to find out how prices measure up to other midsize luxury cars.

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  • 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.

Figure 1: Average 2024 Mercedes-Benz EQE 350 insurance premiums for different driver ages and risk scenarios. Rates updated on February 26, 2024.

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Data Methodology: Average rates are for a 2024 model year Mercedes-Benz EQE 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 EQE 350 trim levels.

Mercedes-Benz EQE 350 Insurance Cost Summary
2024 Mercedes-Benz EQE 350 Insurance Cost Summary
Driver Risk Profile Annual Premium Cost Per Month
High Risk Driver Age 30$5,052$421
Safe Driver Age 20$4,430$369
At-fault Accidents Age 40$3,096$258
Low Deductibles Age 40$2,960$247
Safe Driver Age 30$2,366$197
Safe Driver Age 40$2,206$184
Safe Driver Age 50$1,944$162
Discount Rate Age 40$1,834$153
Safe Driver Age 60$1,822$152
High Deductibles Age 40$1,820$152

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 EQE 350 trim levels. Updated February 26, 2024

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 Insurance Rates by Trim Level
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

Mercedes-Benz EQE 350 Insurance Cost by Trim Level

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.

Figure 2: Average 2024 Mercedes-Benz EQE 350 car insurance premium compared to other midsize luxury car models. Rates updated on February 23, 2024.

Data Methodology: Average rates are for a 2024 model year Mercedes-Benz EQE 350. Rated driver is a 40-year-old married male driver with a clean driving record and no at-fault accidents. Average premium includes all Mercedes-Benz EQE 350 trim levels. Comprehensive and collision deductibles are $500 and rates are averaged for all U.S. states.

Mercedes-Benz EQE 350 vs Top 10 Midsize Luxury Cars Insurance Cost Comparison
Mercedes-Benz EQE 350 Insurance Cost Compared to All Midsize Luxury Cars
Rank Make and Model Annual Premium Difference
1Mercedes-Benz CLA250$1,954-$252
2Lexus IS 300$1,956-$250
3Lexus ES 350$1,980-$226
4Mercedes-Benz AMG CLA35$1,988-$218
5Lexus RC 300$1,994-$212
6Jaguar XF$2,008-$198
7Cadillac CT5$2,044-$162
8Lexus ES 250$2,054-$152
9Lexus ES 300h$2,082-$124
10Audi A3$2,132-$74
11Infiniti Q50$2,148-$58
12Mercedes-Benz AMG CLA45$2,174-$32
13Audi S4$2,184-$22
14Mercedes-Benz EQE 350$2,206--
15BMW i4$2,214$8
16Lexus IS 500$2,242$36
17BMW 530i$2,306$100
18Audi S5$2,330$124
19BMW 540i$2,336$130
20BMW 430i$2,386$180
21BMW i5$2,396$190
22Genesis G80$2,408$202
23Mercedes-Benz EQE 500$2,436$230
24Mercedes-Benz AMG C43$2,452$246
25Audi A6$2,458$252
26Tesla Model S$2,488$282
27BMW 530e$2,510$304
28Audi RS 5$2,516$310
29Audi S6$2,534$328
30BMW M440i$2,600$394
31Audi A7$2,646$440
32Lexus LC 500h$2,842$636
33Audi S7$2,934$728
34BMW 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