2025 Guide to Mercedes-Benz S500 Insurance Rates: What You Need to Know

• Mercedes-Benz S500 insurance costs an average of $3,972 per year for a full coverage policy, but can vary significantly based on driver age and other factors.
• Ranked 16^th out of 24 other models in the 2024 large luxury car class, car insurance rates for the Mercedes-Benz S500 cost $224 more per year than the average cost for the segment.
• The cheapest model of Mercedes-Benz S500 to insure is the 4Matic Luxury Line at an estimated $3,938 per year, or about $328 per month.

How much does Mercedes-Benz S500 insurance cost?

You will need to budget about $3,972 annually to insure a Mercedes-Benz S500. Average monthly insurance cost for the S500 ranges from $328 to $334, depending on the trim level being insured.

The 4Matic Luxury Line trim (MSRP of $111,100) is the cheapest model to insure, while the more expensive 4Matic AMG Line model (MSRP of $115,400) costs the most to insure.

The rate summary chart below shows average annual car insurance cost on a 2024 Mercedes-Benz S500 with a range of different policy situations.

The table below breaks down average annual, semi-annual, and monthly insurance cost for the packages available for the 2024 Mercedes-Benz S500.

Car insurance is not cheap, but understanding what factors impact rates can help you mitigate unforeseen cost increases. The list below shows some ways you can save money each month, and also goes into more detail regarding driver age and risk and their impact on rates.

• Polish up your credit rating for lower rates. Having a high credit score of 800+ could save $624 per year when compared to a credit rating between 670-739. Conversely, a poor credit score could cost around $723 more per year.
• Car insurance for high-risk drivers is expensive. For a 40-year-old driver, having too many accidents or violations could increase the cost by $4,778 or more per year.
• Gender and age are two big factors. For a 2024 Mercedes-Benz S500, a 20-year-old male pays an average price of $8,056 per year, while a 20-year-old female will pay an average of $5,716, a difference of $2,340 per year in the women’s favor by a large margin. But by age 50, the cost for male drivers is $3,472 and the rate for females is $3,408, a difference of only $64.
• Auto insurance is cheaper with higher deductibles. Boosting your deductibles from $500 to $1,000 could save around $758 per year for a 40-year-old driver and $1,512 per year for a 20-year-old driver.
• Low physical damage deductibles increases cost. Decreasing your policy deductibles from $500 to $250 could cost an additional $796 per year for a 40-year-old driver and $1,606 per year for a 20-year-old driver.
• Safer drivers pay lower rates. Multiple at-fault accidents raise rates, potentially up to $5,674 per year for a 20-year-old driver and even $1,592 per year for a 40-year-old driver.
• S500 insurance for teen drivers is expensive. Average rates for full coverage S500 insurance costs $13,729 per year for a 16-year-old driver, $13,499 per year for a 17-year-old driver, $12,472 per year for an 18-year-old driver, and $11,202 per year for a 19-year-old driver.
• Obey driving laws to save money. If you want the cheapest possible S500 insurance rates, it pays to obey traffic laws. A few minor lapses of judgement on your driving record have the potential to increase the price of a policy by as much as $1,044 per year. Serious convictions like reckless driving could raise rates by an additional $3,688 or more.

How does Mercedes S500 insurance cost compare?

When insurance prices are compared to other large luxury car models, insurance prices for a Mercedes-Benz S500 cost $1,102 more per year than the Volvo S90, $178 more than the BMW 740i, and $10 less than the Audi A8.

The Mercedes-Benz S500 ranks 16^th out of 24 total vehicles in the large luxury car category for car insurance affordability. The S500 costs an estimated $3,972 per year for full coverage insurance, while the class median price is $3,748 per year, a difference of $224 per year.

The chart below shows how average S500 car insurance cost compares to the top 10 most popular large luxury cars in the United States. A rankings table is also included following the chart displaying average insurance rates for all 24 models in the large luxury car class.