Insurance.com research suggests that the cost of insuring a Mercedes AMG is estimated to be around $3,652 annually or $304 monthly. It's important for drivers to consider these rates when assessing their insurance needs. These rates can increase based on your driving record, location, age, and other factors.
Auto insurance rates vary depending on the model year. For instance, average car insurance rates for a 2020 Mercedes AMG costs $3,652 per year, while its 2019 equivalent costs $3,930 per year.
Regardless of your chosen model year, you can find a competitive carrier that meets your needs and budget. Insurance.com conducted data analysis and discovered which cars offer the most affordable insurance rates based on model year and whether one specific model is cheaper to insure than others.
Read on to learn in detail about these cost-effective auto policies for Mercedes AMG.
Average insurance cost of Mercedes AMG by model year
Year of Mercedes AMG Model | Average Cost to Insure |
---|
2020 | $3,652 |
2019 | $3,930 |
2018 | $3,850 |
2017 | $3,687 |
2016 | $3,577 |
Compare Mercedes AMG Insurance Rates by State
2020 Mercedes AMG Insurance Rates
Average Cost to Insure
$3,652
Annual Cheapest Rate
$2,480
Available Trims
GT, GT C, GT R, GT S
Rank | Companies | Average Premium |
---|
1 | State Farm | $2,480 |
2 | Progressive | $2,523 |
3 | Nationwide | $3,041 |
4 | Farmers | $3,146 |
5 | Geico | $3,523 |
6 | Allstate | $7,198 |
2019 Mercedes AMG Insurance Rates
Average Cost to Insure
$3,930
Annual Cheapest Rate
$2,808
Available Trims
GT, GT C, GT R, GT S
Rank | Companies | Average Premium |
---|
1 | State Farm | $2,808 |
2 | Progressive | $3,352 |
3 | Nationwide | $3,637 |
4 | Farmers | $3,686 |
5 | Geico | $3,806 |
6 | Allstate | $6,291 |
2018 Mercedes AMG Insurance Rates
Average Cost to Insure
$3,850
Annual Cheapest Rate
$2,695
Available Trims
GT, GT C, GT R, GT S
Rank | Companies | Average Premium |
---|
1 | State Farm | $2,695 |
2 | Progressive | $3,258 |
3 | Farmers | $3,535 |
4 | Geico | $3,593 |
5 | Nationwide | $3,746 |
6 | Allstate | $6,275 |
2017 Mercedes AMG Insurance Rates
Average Cost to Insure
$3,687
Annual Cheapest Rate
$2,605
Available Trims
GT, GT C, GT R, GT S
Rank | Companies | Average Premium |
---|
1 | State Farm | $2,605 |
2 | Progressive | $3,097 |
3 | Nationwide | $3,293 |
4 | Geico | $3,469 |
5 | Farmers | $3,686 |
6 | Allstate | $5,969 |
2016 Mercedes AMG Insurance Rates
Average Cost to Insure
$3,577
Annual Cheapest Rate
$2,529
Available Trims
GT, GT C, GT R, GT S
Rank | Companies | Average Premium |
---|
1 | State Farm | $2,529 |
2 | Progressive | $3,016 |
3 | Nationwide | $3,068 |
4 | Geico | $3,449 |
5 | Farmers | $3,809 |
6 | Allstate | $5,590 |