Mercedes AMG car insurance: How much is a Mercedes AMG insurance?
Written byPrachi 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 model
Average cost to insure
2023
$3,195
2022
$2,307
2021
$3,566
2020
$3,721
2019
$3,930
Compare Mercedes Amg insurance rates by state
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Company
Style
Average annual premium
State Farm
2 Door Coupe Turbo
$2,090
State Farm
2 Door Convertible Turbo
$2,103
Progressive
2 Door Convertible Turbo
$2,650
Progressive
2 Door Coupe Turbo
$3,129
Nationwide
2 Door Convertible Turbo
$3,347
Geico
2 Door Coupe Turbo
$3,500
Geico
2 Door Convertible Turbo
$3,678
Farmers
2 Door Convertible Turbo
$3,879
Farmers
2 Door Coupe Turbo
$4,123
Nationwide
2 Door Coupe Turbo
$4,125
Allstate
2 Door Convertible Turbo
$6,451
Allstate
2 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
Rank
Company
Average annual premium
1
State Farm
$1,942
2
Nationwide
$2,774
3
Progressive
$2,912
4
Geico
$3,214
5
Farmers
$3,939
6
Allstate
$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
Rank
Company
Average annual premium
1
State Farm
$1,410
2
Geico
$1,777
3
Progressive
$2,231
4
Farmers
$2,687
5
Nationwide
$2,769
6
Allstate
$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
Rank
Company
Average annual premium
1
Progressive
$2,033
2
State Farm
$2,476
3
Farmers
$3,071
4
Nationwide
$3,388
5
Geico
$3,608
6
Allstate
$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
Rank
Company
Average annual premium
1
State Farm
$2,467
2
Progressive
$2,623
3
Farmers
$2,921
4
Geico
$3,523
5
Nationwide
$3,594
6
Allstate
$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
Rank
Company
Average annual 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
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
Rank
Company
Average annual 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
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
Rank
Company
Average annual 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
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