- Car insurance rates for a 2023 Mercedes-Benz EQS 450 average $2,640 per year or around $220 per month, but can vary significantly based on the trim level.
- Out of 26 models in the large luxury car segment, the EQS 450 ranks 10th for insurance cost.
- The EQS 450 Plus Premium Sedan model is the cheapest to insure at around $2,586 per year. The most expensive trim is the Plus Pinnacle SUV at $2,682 per year.
How much does Mercedes-Benz EQS 450 insurance cost?
An average driver will pay an estimated $2,640 yearly to insure a Mercedes-Benz EQS 450. With MSRPs ranging from $102,310 to $110,190 for the 2023 model, monthly insurance rates range from $216 to $224.
The following chart details average annual car insurance cost on a 2023 EQS 450 using a range of driver ages and risk profiles. Drivers requiring high-risk insurance will pay very high rates, whereas the best rates are reserved for more mature drivers with good driving records and claims history.
The table below displays the estimated yearly and 6-month policy costs, including a monthly insurance rate, for each the Mercedes-Benz EQS 450 models available for 2023.
| Mercedes-Benz EQS 450 Trim Level | Annual Policy | Six-Month Policy | Per Month |
|---|---|---|---|
| Plus Premium Sedan | $2,586 | $1,293 | $216 |
| Plus Premium SUV | $2,614 | $1,307 | $218 |
| Plus Exclusive Sedan | $2,628 | $1,314 | $219 |
| Plus Exclusive SUV | $2,650 | $1,325 | $221 |
| 4Matic SUV | $2,650 | $1,325 | $221 |
| Plus Pinnacle Sedan | $2,662 | $1,331 | $222 |
| Plus Pinnacle SUV | $2,682 | $1,341 | $224 |
In addition to the different driver risk profiles shown in the chart above, there are many other factors that can either positively or negatively impact the rate you pay for car insurance. The list below goes into detail for some of those factors, and also notes a few tips that can help you save money.
- Teenagers are the most expensive age group to insure. Average rates for full coverage EQS 450 insurance costs $9,134 per year for a 16-year-old driver, $8,640 per year for a 17-year-old driver, $8,112 per year for an 18-year-old driver, and $7,410 per year for a 19-year-old driver.
- Get cheaper rates because of your choice of occupation. Many insurance companies offer discounts for working in professions like high school and elementary teachers, architects, police officers and law enforcement, college professors, dentists, and others. Having this discount applied to your policy could save between $79 and $183 on your yearly insurance cost, depending on the age of the driver.
- Excellent credit equals excellent rates. Drivers who maintain a credit score over 800 may save up to $414 per year over a lower credit rating of 670-739. Conversely, poor credit could cost around $480 more per year.
- Lower the cost of your policy by increasing deductibles. Increasing deductibles from $500 to $1,000 could save around $468 per year for a 40-year-old driver and $916 per year for a 20-year-old driver.
- Low deductibles will increase rates. Decreasing your deductibles from $500 to $250 could cost an additional $486 per year for a 40-year-old driver and $968 per year for a 20-year-old driver.
- Qualify for discounts to save money. Discounts may be available if the policyholders drive low annual mileage, are homeowners, take a defensive driving course, are loyal customers, or many other discounts which could save the average driver as much as $452 per year.
- Car insurance for high-risk drivers is expensive. For a 20-year-old driver, having to buy a high-risk policy due to excessive accidents and/or violations could raise rates by $4,064 or more per year.
- Fewer accidents means cheaper EQS 450 insurance rates. Having a few at-fault accidents can really raise rates, potentially by an extra $3,678 per year for a 20-year-old driver and even $772 per year for a 60-year-old driver.
Is Mercedes-Benz EQS 450 insurance expensive?
When compared to other large luxury cars, insurance for a Mercedes-Benz EQS 450 costs $610 more per year than the Audi A5, $232 less than the BMW 740i, and $382 less than the Porsche Panamera.
The EQS 450 ranks 10th out of 26 total vehicles in the 2023 large luxury car category for insurance affordability. The EQS 450 averages $2,640 per year for full coverage car insurance, while the segment average is $2,797, a difference of $157 per year.
The following table shows how average Mercedes-Benz EQS 450 car insurance rates rank when compared to the rest of the luxury car segment.
| Rank | Make/Model | Insurance Cost | Difference |
|---|---|---|---|
| 1 | Audi A5 | $2,030 | -$610 |
| 2 | Volvo S90 | $2,290 | -$350 |
| 3 | Lexus LS 500 | $2,366 | -$274 |
| 4 | Mercedes-Benz AMG E53 | $2,378 | -$262 |
| 5 | Genesis G90 | $2,394 | -$246 |
| 6 | BMW i7 | $2,410 | -$230 |
| 7 | Mercedes-Benz AMG GT43 | $2,432 | -$208 |
| 8 | Lexus LS 500h | $2,512 | -$128 |
| 9 | BMW 840i | $2,582 | -$58 |
| 10 | Mercedes-Benz EQS 450 | $2,640 | -- |
| 11 | Infiniti Q60 | $2,654 | $14 |
| 12 | Mercedes-Benz S500 | $2,666 | $26 |
| 13 | Audi RS 7 | $2,726 | $86 |
| 14 | Mercedes-Benz EQS 580 | $2,736 | $96 |
| 15 | BMW 740i | $2,872 | $232 |
| 16 | BMW M850i | $2,908 | $268 |
| 17 | Mercedes-Benz AMG EQS | $2,928 | $288 |
| 18 | Audi A8 | $2,964 | $324 |
| 19 | Audi S8 | $2,982 | $342 |
| 20 | Porsche Panamera | $3,022 | $382 |
| 21 | BMW 760i | $3,056 | $416 |
| 22 | Mercedes-Benz S580 | $3,126 | $486 |
| 23 | BMW Alpina B8 | $3,320 | $680 |
| 24 | BMW M760i | $3,426 | $786 |
| 25 | Mercedes-Benz Maybach S580 | $3,530 | $890 |
| 26 | Mercedes-Benz Maybach S680 | $3,764 | $1,124 |
