- Mercedes S560 car insurance rates average $3,076 per year (about $256 per month) for full coverage.
- Insurance rates on a S560 range from $3,038 to $3,112 per year for the average driver, depending on trim level.
- Ranked 22nd out of 25 vehicles in the large luxury car segment, average car insurance rates for the Mercedes-Benz S560 cost $400 more per year than the segment average.
How much does Mercedes S560 insurance cost?
Expect to pay an average of $3,076 per year to insure a 2022 Mercedes-Benz S560 for full coverage, or around $256 a month. If analyzed by type of coverage, comprehensive (or other-than-collision) coverage is around $792 a year, collision coverage is an estimated $1,696, and the remaining liability and medical coverage will cost about $588.
The bar chart below details how average Mercedes-Benz S560 auto insurance rates can change with differences in driver age and different policy deductibles.
The rate table below illustrates average Mercedes S560 car insurance policy premiums for the 2018 to 2022 model years.
Model Year and Vehicle | Annual Rate | 6-month Rate | Monthly Rate |
---|---|---|---|
2022 Mercedes-Benz S560 | $3,076 | $1,538 | $256 |
2021 Mercedes-Benz S560 | $2,946 | $1,473 | $246 |
2020 Mercedes-Benz S560 | $2,900 | $1,450 | $242 |
2019 Mercedes-Benz S560 | $2,598 | $1,299 | $217 |
2018 Mercedes-Benz S560 | $2,324 | $1,162 | $194 |
The next table details the average annual and semi-annual policy costs, including a monthly amount for budgeting, for each Mercedes-Benz S560 package and trim level.
Mercedes-Benz S560 Trim Level | Annual Policy | Six-Month Policy | Per Month |
---|---|---|---|
Convertible | $3,038 | $1,519 | $253 |
Convertible AMG Line Exterior | $3,064 | $1,532 | $255 |
4Matic Coupe | $3,086 | $1,543 | $257 |
4Matic AMG Line Exterior | $3,112 | $1,556 | $259 |
Is Mercedes-Benz S560 insurance expensive?
When compared to other models in the large luxury car category, insurance for a Mercedes-Benz S560 costs $1,086 more per year than the Audi A5, $254 more than the BMW 740i, and $132 more than the Porsche Panamera.
The Mercedes S560 ranks 22nd out of 25 total vehicles in the large luxury car class for car insurance affordability. The S560 costs an average of $3,076 per year to insure for full coverage and the segment median rate is $2,676 annually, a difference of $400 per year.
The chart displayed below shows how the average car insurance rate for a Mercedes-Benz S560 compares to the top 10 best-selling large luxury cars like the Infiniti Q60, Audi A8, and the Genesis G90. A rate table with more models is included following the chart breaking down average rates for all 25 models in the large luxury car category.
Rank | Make/Model | Insurance Cost | Difference |
---|---|---|---|
1 | Audi A5 | $1,990 | -$1,086 |
2 | Volvo S90 | $2,196 | -$880 |
3 | Lexus LS 500 | $2,282 | -$794 |
4 | Mercedes-Benz AMG E53 | $2,314 | -$762 |
5 | Genesis G90 | $2,318 | -$758 |
6 | Mercedes-Benz AMG GT43 | $2,370 | -$706 |
7 | Lexus LS 500h | $2,438 | -$638 |
8 | BMW 840i | $2,450 | -$626 |
9 | BMW 745e | $2,498 | -$578 |
10 | Mercedes-Benz EQS 450 | $2,556 | -$520 |
11 | Infiniti Q60 | $2,572 | -$504 |
12 | Mercedes-Benz S500 | $2,596 | -$480 |
13 | Audi RS 7 | $2,600 | -$476 |
14 | Mercedes-Benz EQS 580 | $2,620 | -$456 |
15 | BMW M850i | $2,792 | -$284 |
16 | Mercedes-Benz S580 | $2,796 | -$280 |
17 | BMW 740i | $2,822 | -$254 |
18 | Audi S8 | $2,858 | -$218 |
19 | BMW 750i | $2,882 | -$194 |
20 | Audi A8 | $2,894 | -$182 |
21 | Porsche Panamera | $2,944 | -$132 |
22 | Mercedes-Benz S560 | $3,076 | -- |
23 | BMW Alpina B8 | $3,224 | $148 |
24 | BMW M760i | $3,328 | $252 |
25 | Mercedes-Benz Maybach S580 | $3,496 | $420 |