Understanding Auto Insurance Costs: Mercedes-Benz GLB 250 Edition

• Average Mercedes-Benz GLB 250 insurance cost is $2,240 per year, or $187 per month for full coverage.
• Out of 38 models in the 2024 small luxury SUV segment, the GLB 250 ranks sixth for insurance cost.

How much does Mercedes GLB 250 insurance cost?

Mercedes-Benz GLB 250 car insurance rates cost an average of $2,240 a year for full coverage, or $187 each month. You can expect to pay about $301 less per year to insure a Mercedes GLB 250 as compared to the average rate for small luxury SUVs, and $19 more per year than the all-vehicle national average of $2,221.

The chart below shows average car insurance rates on a 2024 GLB 250 using different driver ages and risk profiles.

The rate table below illustrates average full coverage auto insurance policy costs for a Mercedes-Benz GLB 250 for the 2020-2024 model years and for different driver ages.

Other rates and discounts

Below are some additional example rates and possible policy discounts when shopping for your next Mercedes GLB 250 insurance policy.

• Qualify for policy discounts to lower insurance cost. Discounts may be available if the policyholders drive a vehicle with safety or anti-theft features, are loyal customers, are good students, take a defensive driving course, are accident-free, or many other policy discounts which could save the average driver as much as $378 per year on the cost of insuring a Mercedes-Benz GLB 250.
• Cheaper rates come with better credit scores. Having an excellent credit rating above 800 could save $352 per year compared to a credit score between 670-739. Conversely, a less-than-good credit score could cost as much as $408 more per year.
• Raising physical damage deductibles lowers cost. Increasing your deductibles from $500 to $1,000 could save around $366 per year for a 40-year-old driver and $720 per year for a 20-year-old driver.
• Choosing a low deductible will increase insurance policy cost. Decreasing deductibles from $500 to $250 could cost an additional $386 per year for a 40-year-old driver and $764 per year for a 20-year-old driver.
• High-risk GLB 250 insurance is expensive. For a 50-year-old driver, having a high frequency of accidents or violations could end up with a rate increase of $2,620 or more per year.
• Safer drivers pay lower rates. Having frequent at-fault accidents will raise rates, possibly by an additional $3,194 per year for a 20-year-old driver and as much as $662 per year for a 50-year-old driver.
• Insurance for teenage drivers is expensive. Average rates for full coverage GLB 250 insurance costs $7,936 per year for a 16-year-old driver, $7,706 per year for a 17-year-old driver, $6,942 per year for an 18-year-old driver, and $6,305 per year for a 19-year-old driver.
• As you get older, rates tend to be cheaper. The difference in 2024 Mercedes-Benz GLB 250 insurance rates between a 60-year-old driver ($1,856 per year) and a 20-year-old driver ($4,510 per year) is $2,654, or a savings of 83.4%.

How does GLB 250 insurance compare?

When compared to the best-selling models in the small luxury SUV category, auto insurance rates for a Mercedes-Benz GLB 250 cost $130 less than the Volvo XC60, $524 less than the BMW X3, $282 more than the Acura RDX, and $366 less than the Audi Q5.

The Mercedes-Benz GLB 250 ranks sixth out of 38 total vehicles in the small luxury SUV category for insurance affordability. The GLB 250 costs an estimated $2,240 per year for insurance, while the category average auto insurance cost is $2,541 per year, a difference of $301 per year.

The next chart shows how the GLB 250 compares to the top 10 most popular small luxury SUVs in the United States like the Acura RDX, Audi Q5, and the Volvo XC60. An expanded table is also displayed following the chart showing average rates for every vehicle in the compact luxury SUV segment.