Get better rates for Mercedes-Benz car insurance

Mercedes drivers typically pay higher than average car insurance rates. They are more expensive vehicles to buy, repair, and import, making them targets for theft. This increases the risk threshold for insurance providers, increasing premiums.

All Mercedes-Benz models are assessed for their unique characteristics – MSRP, safety rating, design features, engine, and performance, which will impact insurance premiums. ThinkInsure works with the leading insurance companies in Canada, so we can shop for the most affordable rates and coverage.

Is your policy coming up for renewal? At ThinkInsure, you can compare quotes for Mercedes car insurance online in just a couple of minutes.

The top 3 things to know about Mercedes-Benz car insurance rates

  • The average Mercedes-Benz car insurance rate in 2025 is $2,592 per year.
  • Mercedes-Benz insurance premiums range greatly by location. In Guelph, the average is $1,538 annually, significantly lower than Brampton's highest average of $3,280 annually.
  • While comparable to other luxury brands, Mercedes-Benz insurance costs are lower than those of Maserati ($255 monthly) Land Rover ($234 monthly).