Mercedes-Benz SL 63 Insurance Cost Breakdown: 2024 Rates Edition

Are car insurance rates expensive for a Mercedes-Benz SL 63?

We compared the average insurance cost from the least expensive Touring trim level to the top level Performance model to find out how SL 63 insurance compares to the competition.

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  • Mercedes-Benz SL 63 insurance costs an average of $3,898 per year for a full coverage policy, depending on policy limits.
  • The Mercedes-Benz SL 63 is one of the more expensive sports cars to insure, costing $1,287 more per year on average when compared to other sports cars.

How much does Mercedes-Benz SL 63 insurance cost?

Ranked 23rd out of 23 vehicles in the sports car class, Mercedes-Benz SL 63 insurance rates average $3,898 a year, or about $325 a month. With the average sports car costing $2,611 a year to insure, the Mercedes-Benz SL 63 costs $1,287 more to insure per year.

The following chart illustrates average yearly car insurance rates for a SL 63 with a variety of policy scenarios.

Figure 1: Average 2024 Mercedes-Benz SL 63 insurance premiums for different driver ages and risk scenarios. Rates updated on February 26, 2024.

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Data Methodology: Average rates are for a 2024 model year Mercedes-Benz SL 63 with safe driver and claim-free discounts applied to qualifying risk profiles. Discount Rate includes all possible rate discounts including multi-vehicle, multi-policy, homeowner, and others which vary by company. Comprehensive and collision deductibles are $500 except for low and high deductible estimates which are $100 and $1,000, respectively. Rates are averaged across all U.S. states and all Mercedes-Benz SL 63 trim levels.

Mercedes-Benz SL 63 Insurance Cost Summary
2024 Mercedes-Benz SL 63 Insurance Cost Summary
Driver Risk Profile Annual Premium Cost Per Month
High Risk Driver Age 30$8,966$747
Safe Driver Age 20$7,882$657
At-fault Accidents Age 40$5,464$455
Low Deductibles Age 40$5,332$444
Safe Driver Age 30$4,192$349
Safe Driver Age 40$3,898$325
Safe Driver Age 50$3,414$285
Discount Rate Age 40$3,236$270
Safe Driver Age 60$3,198$267
High Deductibles Age 40$3,168$264

Data Methodology: Comprehensive and collision deductibles are $500 except for low and high deductible estimates which are $100 and $1,000, respectively. Discount Rate includes all possible rate discounts including multi-vehicle, multi-policy, homeowner, and others which vary by company. Rates are averaged for all 2024 Mercedes-Benz SL 63 trim levels. Updated February 26, 2024

The table below shows the average annual and semi-annual policy costs, plus a monthly budget amount, for each Mercedes-Benz SL 63 model and trim level for the 2024 model year.

2024 Mercedes-Benz SL 63 Insurance Rates by Trim Level
2024 Mercedes-Benz SL 63 Trim Level Annual Premium Cost Per Month
Touring$3,874$323
Performance$3,922$327

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. Updated February 23, 2024

Mercedes-Benz SL 63 Insurance Cost by Trim Level

Is a Mercedes SL 63 expensive to insure?

The Mercedes-Benz SL 63 ranks 23rd out of 23 total comparison vehicles in the sports car category for most affordable auto insurance rates. The SL 63 costs an average of $3,898 per year for a car insurance policy with full coverage and the segment average cost is $2,611 annually, a difference of $1,287 per year.

Compared directly to other models, average insurance rates for a Mercedes-Benz SL 63 are:

  • $1,430 more per year than the Chevrolet Camaro
  • $1,812 more per year than the Ford Mustang
  • $1,454 more per year than the Porsche 718
  • $2,144 more per year than the Mazda MX-5 Miata
  • $1,178 more per year than the Porsche 911

The table below shows how Mercedes-Benz SL 63 insurance rates compare to the rest of the 2024 sports car segment.

Insurance Cost Comparison: Mercedes-Benz SL 63 vs Sports Cars
Rank Make and Model Annual Premium Difference
1Mazda MX-5 Miata$1,754-$2,144
2Toyota GR86$1,998-$1,900
3Ford Mustang$2,086-$1,812
4BMW Z4$2,096-$1,802
5Subaru WRX$2,130-$1,768
6Toyota GR Supra$2,132-$1,766
7BMW M2$2,196-$1,702
8Nissan Z$2,200-$1,698
9Lexus RC F$2,244-$1,654
10Subaru BRZ$2,272-$1,626
11BMW M3$2,398-$1,500
12Porsche 718$2,444-$1,454
13Chevrolet Camaro$2,468-$1,430
14Chevrolet Corvette$2,628-$1,270
15Porsche 911$2,720-$1,178
16BMW M4$2,832-$1,066
17Lexus LC 500$2,846-$1,052
18Jaguar F-Type$2,994-$904
19Mercedes-Benz AMG GT53$3,142-$756
20Porsche Taycan$3,214-$684
21Mercedes-Benz SL 55$3,660-$238
22Nissan GT-R$3,694-$204
23Mercedes-Benz SL 63$3,898--

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 2024 model year. Updated February 23, 2024

Insurance Cost Comparison: Mercedes-Benz SL 63 vs Sports Cars