Mercedes-Benz SL450 Insurance for 2024: Why Does it Cost so Much?

Costing slightly less than the average midsize luxury sedan, we compare car insurance rates for the Mercedes-Benz SL450 to see how it ranks against the competition.

Start a Free QuoteCompare Mercedes SL450 car insurance quotes and save on your next policy.

How much does Mercedes SL450 insurance cost?

Mercedes-Benz SL450 car insurance costs on average $2,288 annually, or about $191 on a monthly basis. You can expect to pay approximately $97 more per year for Mercedes-Benz SL450 insurance compared to the average rate for midsize luxury cars, and $405 more per year than the all-vehicle national average of $1,883.

The following chart shows how average SL450 car insurance rates fluctuate based on the age of the rated driver and different policy deductibles. Insurance rates range from the lowest price of $1,518 per year for a 60-year-old driver with $1,000 physical damage deductibles to the highest cost estimate of $5,576 annually for a driver age 20 with low deductibles.

Figure 1: Average 2020 Mercedes-Benz SL450 car insurance premiums for different driver ages and policy deductibles. Rates updated on February 23, 2024.

Get Rates in Your AreaWhy is this important?

Data Methodology: Average premiums are based on a 2020 model year Mercedes-Benz SL450. Rates assume a clean driving record and no claims or at-fault accidents. Comprehensive and collision coverage is included as well as UM/UIM and medical payments coverage. Premium amounts are averaged across all trim levels.

Mercedes-Benz SL450 Car Insurance Rates
2020 Mercedes-Benz SL450 Insurance Cost by Driver Age and Deductibles
Driver Age Policy Deductible Annual Premium Cost Per Month
20-Year-Old$1,000$3,742$312
$500$4,630$386
$250$5,576$465
30-Year-Old$1,000$1,982$165
$500$2,466$206
$250$2,972$248
40-Year-Old$1,000$1,844$154
$500$2,288$191
$250$2,752$229
50-Year-Old$1,000$1,612$134
$500$1,996$166
$250$2,394$200
60-Year-Old$1,000$1,518$127
$500$1,876$156
$250$2,252$188

Data Methodology: Rated driver has no driving violations or at-fault accidents in the prior three years. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Premium is averaged for all trim levels available for the 2020 Mercedes-Benz SL450. Updated February 23, 2024

Where does Mercedes SL450 insurance cost rank?

The Mercedes-Benz SL450 ranks 27th out of 41 total vehicles in the midsize luxury car category. The SL450 costs an estimated $2,288 per year to insure for full coverage, while the class average is $2,191 per year, a difference of $97 per year.

When compared to top-selling vehicles in the midsize luxury car class, insurance for a Mercedes-Benz SL450 costs $472 more per year than the Lexus ES 350, $216 more than the BMW 530i, $86 less than the Infiniti Q50, and $468 more than the Lincoln MKZ.

The chart below shows how average car insurance rates for a Mercedes SL450 fare against the top 10 most popular mid-size luxury cars. Also included is a table after the chart displaying average car insurance rates for the entire midsize luxury car class.

Figure 2: Average 2020 Mercedes-Benz SL450 car insurance premium compared to other midsize luxury car models. Rates updated on February 23, 2024.

Get Rates in Your AreaWhy is this important?

Data Methodology: Average rates are for a 2020 model year Mercedes-Benz SL450. Rated driver is a 40-year-old married male driver with a clean driving record and no at-fault accidents. Average premium includes all Mercedes-Benz SL450 trim levels. Comprehensive and collision deductibles are $500 and rates are averaged for all U.S. states.

Mercedes-Benz SL450 vs Top 10 Midsize Luxury Cars Insurance Cost Comparison
Mercedes-Benz SL450 Insurance Cost Compared to All Midsize Luxury Cars
Rank Make and Model Annual Premium Difference
1Acura ILX$1,528-$760
2Lexus RC 300$1,758-$530
3Mercedes-Benz SLC300$1,808-$480
4Lexus ES 350$1,816-$472
5Lincoln MKZ$1,820-$468
6Mercedes-Benz AMG CLA45$1,836-$452
7Jaguar XE$1,840-$448
8Lexus IS 300$1,844-$444
9Audi A3$1,876-$412
10Cadillac CT5$1,908-$380
11Audi S5$1,956-$332
12Lexus GS 350$2,008-$280
13Mercedes-Benz E350$2,018-$270
14Lexus ES 300H$2,046-$242
15Audi S4$2,066-$222
16BMW 530i$2,072-$216
17BMW 540i$2,094-$194
18Mercedes-Benz CLA250$2,106-$182
19Genesis G80$2,110-$178
20Audi A6$2,116-$172
21Mercedes-Benz E450$2,142-$146
22BMW 430i$2,160-$128
23Mercedes-Benz CLS450$2,186-$102
24Jaguar XF$2,188-$100
25Mercedes-Benz AMG C43$2,272-$16
26BMW 440i$2,274-$14
27Mercedes-Benz SL450$2,288--
28Audi RS 5$2,298$10
29Audi S6$2,348$60
30Infiniti Q50$2,374$86
31BMW 530e$2,384$96
32Lexus GS F$2,444$156
33Mercedes-Benz AMG C63$2,476$188
34BMW M550i$2,522$234
35Mercedes-Benz SL550$2,544$256
36Tesla Model S$2,586$298
37Audi A7$2,622$334
38Lexus LC 500H$2,690$402
39Audi S7$2,790$502
40BMW M8$2,794$506
41BMW M5$2,832$544

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 2020 model year. Updated February 23, 2024

How can I save money on SL450 insurance?

Insuring an older Mercedes-Benz SL450 could save as much as $414 per year when comparing average car insurance rates for the 2017 model to the 2020 model.

The following table shows average insurance rates for a Mercedes-Benz SL450 for 2017 through 2020 model years. Cost ranges from the cheapest rate of $1,874 for a 2017 Mercedes-Benz SL450 to the most expensive rate of $2,288 for a 2020 SL450.

Mercedes-Benz SL450 Insurance Cost for 2017-2020 Models
Model Year and Vehicle Annual Premium Cost Per Month
2020 Mercedes-Benz SL450$2,288$191
2019 Mercedes-Benz SL450$2,076$173
2018 Mercedes-Benz SL450$1,970$164
2017 Mercedes-Benz SL450$1,874$156

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 SL450 trim levels for each model year. Updated February 23, 2024

Mercedes-Benz SL450 Insurance Cost by Model Year