Prachi Singh Written by Prachi Singh
Contributing Researcher

Prachi is an insurance writer with a master's degree in business administration. Through her writing, she hopes to help readers make smart and informed decisions about their finances. She loves to travel and write poetry.


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Insurance.com research suggests that the cost of insuring a Mercedes Amg is estimated to be around $3,195 annually or $266 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 2023 Mercedes Amg costs $3,195 per year, while its 2022 equivalent costs $2,307 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 modelAverage cost to insure
2023$3,195
2022$2,307
2021$3,566
2020$3,721
2019$3,930
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Compare Mercedes Amg insurance rates by state

L O A D I N G
CompanyStyleAverage annual premium
State Farm2 Door Coupe Turbo$2,090
State Farm2 Door Convertible Turbo$2,103
Progressive2 Door Convertible Turbo$2,650
Progressive2 Door Coupe Turbo$3,129
Nationwide2 Door Convertible Turbo$3,347
Geico2 Door Coupe Turbo$3,500
Geico2 Door Convertible Turbo$3,678
Farmers2 Door Convertible Turbo$3,879
Farmers2 Door Coupe Turbo$4,123
Nationwide2 Door Coupe Turbo$4,125
Allstate2 Door Convertible Turbo$6,451
Allstate2 Door Coupe Turbo$6,451

Mercedes Amg insurance rates per year

2023

2023 Mercedes Amg insurance rates

Average cost to insure $3,195
Annual cheapest rate $1,942
Available trims GT, GT 53, GT 63, GT 63 S, GT C, GT R
RankCompanyAverage annual premium
1State Farm$1,942
2Nationwide$2,774
3Progressive$2,912
4Geico$3,214
5Farmers$3,939
6Allstate$4,386
2022

2022 Mercedes Amg insurance rates

Average cost to insure $2,307
Annual cheapest rate $1,410
Available trims GT, GT 53, GT 63, GT 63 S, GT C, GT R
RankCompanyAverage annual premium
1State Farm$1,410
2Geico$1,777
3Progressive$2,231
4Farmers$2,687
5Nationwide$2,769
6Allstate$2,969
2021

2021 Mercedes Amg insurance rates

Average cost to insure $3,566
Annual cheapest rate $2,033
Available trims GT, GT 53, GT 63, GT 63 S, GT C, GT R
RankCompanyAverage annual premium
1Progressive$2,033
2State Farm$2,476
3Farmers$3,071
4Nationwide$3,388
5Geico$3,608
6Allstate$6,820
2020

2020 Mercedes Amg insurance rates

Average cost to insure $3,721
Annual cheapest rate $2,467
Available trims GT, GT 53, GT 63, GT 63 S, GT C, GT R
RankCompanyAverage annual premium
1State Farm$2,467
2Progressive$2,623
3Farmers$2,921
4Geico$3,523
5Nationwide$3,594
6Allstate$7,198
2019

2019 Mercedes Amg insurance rates

Average cost to insure $3,930
Annual cheapest rate $2,808
Available trims GT, GT 53, GT 63, GT 63 S, GT C, GT R
RankCompanyAverage annual premium
1State Farm$2,808
2Progressive$3,352
3Nationwide$3,637
4Farmers$3,686
5Geico$3,806
6Allstate$6,291
2018

2018 Mercedes Amg insurance rates

Average cost to insure $3,850
Annual cheapest rate $2,695
Available trims GT, GT 53, GT 63, GT 63 S, GT C, GT R
RankCompanyAverage annual premium
1State Farm$2,695
2Progressive$3,258
3Farmers$3,535
4Geico$3,593
5Nationwide$3,746
6Allstate$6,275
2017

2017 Mercedes Amg insurance rates

Average cost to insure $3,687
Annual cheapest rate $2,605
Available trims GT, GT 53, GT 63, GT 63 S, GT C, GT R
RankCompanyAverage annual premium
1State Farm$2,605
2Progressive$3,097
3Nationwide$3,293
4Geico$3,469
5Farmers$3,686
6Allstate$5,969
2016

2016 Mercedes Amg insurance rates

Average cost to insure $3,577
Annual cheapest rate $2,529
Available trims GT, GT 53, GT 63, GT 63 S, GT C, GT R
RankCompanyAverage annual premium
1State Farm$2,529
2Progressive$3,016
3Nationwide$3,068
4Geico$3,449
5Farmers$3,809
6Allstate$5,590
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