Mercedes-Benz Maybach S580 Insurance Cost: 2024 Rates, Insights and Comparisons

• Mercedes-Benz Maybach S580 insurance costs an average of $3,726 per year for a full coverage policy.
• Out of 24 models in the 2024 large luxury car segment, the Maybach S580 ranks 21^st for most affordable auto insurance cost.

How much is Maybach S580 insurance?

Mercedes-Benz Maybach S580 insurance rates average $3,726 a year for full coverage, or about $311 on a monthly basis. Expect to pay approximately $690 more per year to insure a Maybach S580 compared to similar vehicles, and $1,843 more per year than the $1,883 national average for all vehicles.

The chart below shows how Maybach S580 auto insurance rates can vary depending on driver age and the choice of physical damage coverage deductibles.

The rate table below displays the estimated annual and semi-annual policy costs, in addition to a monthly insurance rate, for each Mercedes-Benz Maybach S580 package and trim.

Some additional relevant data observations regarding the cost to insure a Maybach S580 include:

• Avoid traffic tickets to pay less. If you want the most reasonable price on Maybach S580 insurance rates, it pays to avoid traffic tickets. In fact, just a couple minor lapses of judgement on your driving record have the consequences of increasing the cost of a policy by at least $964 per year. Being convicted of a major violation such as driving under the influence or reckless driving could raise rates by an additional $3,402 or more.
• Your occupation could earn you discounts. Many insurance companies offer discounts for certain occupations like police officers and law enforcement, dentists, doctors, high school and elementary teachers, architects, college professors, and others. By working in a profession that qualifies for this discount, you could save between $112 and $185 on your annual insurance cost, subject to the policy coverages selected.
• Increasing deductibles lowers insurance cost. Raising deductibles from $500 to $1,000 could save around $712 per year for a 40-year-old driver and $1,400 per year for a 20-year-old driver.
• Lowering deductibles results in a more expensive policy. Lowering deductibles from $500 to $250 could cost an additional $742 per year for a 40-year-old driver and $1,484 per year for a 20-year-old driver.
• Excellent credit scores get the best rates. Having an excellent credit score over 800 may save up to $585 per year when compared to a decent credit rating of 670-739. Conversely, a credit rating below 579 could cost around $678 more per year.
• Be a responsible driver and save. Causing too many accidents will raise rates, as much as $5,226 per year for a 20-year-old driver and even $1,000 per year for a 50-year-old driver.

Mercedes-Benz Maybach S580 insurance cost compared

When compared to other large luxury cars, insurance prices for a Mercedes-Benz Maybach S580 cost $1,232 more per year than the Genesis G90, $1,008 more than the BMW 840i, and $500 more than the Audi A8.

The Mercedes-Benz Maybach S580 ranks 21^st out of 24 comparison vehicles in the large luxury car category for most affordable car insurance prices. The Maybach S580 costs an estimated $3,726 per year for full coverage auto insurance and the class average insurance cost is $3,036 annually, a difference of $690 per year.

The following table shows how average Maybach S580 car insurance cost ranks against the rest of the full-size luxury car segment.