- The average Mercedes ML550 car insurance cost is $1,746 per year, or $146 per month for full coverage.
- Out of 21 other midsize luxury SUVs for the 2014 model year, the ML550 ranks 11th for insurance affordability.
How much does Mercedes ML550 car insurance cost?
Average car insurance rates for the Mercedes ML550 cost $1,746 a year for a full coverage policy, which is equal to $146 a month. Collision insurance will cost about $758 a year, liability/medical costs around $570, and the remaining comprehensive coverage is around $418.
The following rate chart demonstrates how the average cost to insure a Mercedes-Benz ML550 changes based on the age of the driver and comprehensive and collision deductibles.
The following table shows average Mercedes-Benz ML550 car insurance rates for the 2008-2014 model years and for various driver ages. Rates include full coverage, which means comprehensive and collision insurance is included in each rate.
| Model Year and Vehicle | Driver Age 20 | Driver Age 40 | Driver Age 60 |
|---|---|---|---|
| 2014 Mercedes-Benz ML550 | $3,512 | $1,746 | $1,454 |
| 2013 Mercedes-Benz ML550 | $3,516 | $1,752 | $1,462 |
| 2012 Mercedes-Benz ML550 | $3,446 | $1,717 | $1,433 |
| 2011 Mercedes-Benz ML550 | $3,377 | $1,683 | $1,404 |
| 2010 Mercedes-Benz ML550 | $3,309 | $1,649 | $1,376 |
| 2009 Mercedes-Benz ML550 | $3,243 | $1,616 | $1,349 |
| 2008 Mercedes-Benz ML550 | $3,178 | $1,584 | $1,322 |
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 Mercedes-Benz ML550 trim levels for each model year. Updated June 27, 2025
Is ML550 car insurance expensive?
The Mercedes-Benz ML550 ranks 11th out of 21 total vehicles in the 2014 midsize luxury SUV segment for car insurance affordability. The ML550 costs an average of $1,746 per year for a car insurance policy with full coverage, while the category average insurance cost is $1,767 per year, a difference of only $21 per year.
When compared to other 2014 model year luxury models, insurance rates for a Mercedes-Benz ML550 cost $198 more per year than the Lexus RX 350, $510 less than the BMW X5, and $204 more than the Acura MDX.
The table below shows how insurance rates for a Mercedes ML550 compare to other luxury models like the Lexus GX 460, Infiniti QX60, and Audi Q7. Rates are for the 2014 model year.
| Rank | Make and Model | Annual Premium | Difference |
|---|---|---|---|
| 1 | Lincoln MKX | $1,334 | -$412 |
| 2 | Infiniti QX50 | $1,486 | -$260 |
| 3 | Volvo XC70 | $1,536 | -$210 |
| 4 | Acura MDX | $1,542 | -$204 |
| 5 | Lexus RX 350 | $1,548 | -$198 |
| 6 | Lincoln MKT | $1,606 | -$140 |
| 7 | Cadillac SRX | $1,620 | -$126 |
| 8 | Land Rover LR2 | $1,648 | -$98 |
| 9 | Infiniti QX60 | $1,726 | -$20 |
| 10 | Mercedes-Benz GL350 | $1,732 | -$14 |
| 11 | Mercedes-Benz ML550 | $1,746 | -- |
| 12 | Lexus GX 460 | $1,754 | $8 |
| 13 | Lexus RX 450 | $1,756 | $10 |
| 14 | Audi Q7 | $1,892 | $146 |
| 15 | Mercedes-Benz GLK350 | $1,902 | $156 |
| 16 | Audi SQ5 | $1,910 | $164 |
| 17 | Mercedes-Benz ML350 | $1,918 | $172 |
| 18 | Mercedes-Benz GL450 | $1,926 | $180 |
| 19 | Porsche Cayenne | $2,114 | $368 |
| 20 | BMW X6 | $2,150 | $404 |
| 21 | BMW X5 | $2,256 | $510 |
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 2014 model year. Updated June 27, 2025
Additional rates and savings tips
The list below offers some additional rates for factors like good versus poor credit, teenage drivers, and policy deductible comparisons.
- Better credit scores yield better car insurance rates. Drivers who maintain a credit score over 800 could save $274 per year over a credit rating of 670-739. Conversely, poor credit could cost up to $318 more per year.
- The cost to insure teen drivers is expensive. Average rates for full coverage ML550 insurance costs $6,255 per year for a 16-year-old driver, $6,045 per year for a 17-year-old driver, $5,389 per year for an 18-year-old driver, and $4,918 per year for a 19-year-old driver.
- Save money by qualifying for policy discounts. Discounts may be available if the insured drivers insure their home and car with the same company, are homeowners, drive low annual mileage, take a defensive driving course, drive a vehicle with safety or anti-theft features, or other policy discounts which could save the average driver as much as $292 per year.
- Fewer accidents mean cheaper ML550 insurance rates. Having a few at-fault accidents can really raise rates, potentially by an extra $838 per year for a 30-year-old driver and even $530 per year for a 50-year-old driver.
- Raising deductibles makes insurance more affordable. Boosting your deductibles from $500 to $1,000 could save around $266 per year for a 40-year-old driver and $522 per year for a 20-year-old driver.
- Choosing a low deductible may not make good financial sense. Lowering your policy deductibles from $500 to $250 could cost an additional $278 per year for a 40-year-old driver and $550 per year for a 20-year-old driver.