- A Mercedes-Benz SLC is less expensive to insure compared to the average car.
- Liability only insurance prices for a SLC come in at around $38 per month, while full coverage generally runs about $165.
- Workmens provides the cheapest average premiums for a SLC with liability only coverage offered for sometimes as little as $30 a month.
In This Article
With 2020 models starting at $49,950, the Mercedes-Benz SLC is a great mid-level car for drivers of all types. Drive off the dealership lot in style, with two different trim options available.
We ran through thousands of auto insurance quotes on Compare.com, and we've determined that, on average, Mercedes-Benz SLC insurance premiums run around $154 monthly. Compared to other vehicles in the market, how do SLC car insurance rates stack up?
|Current Base Price||$49,950|
|Trim Levels||300, 43 AMG|
|Average Insurance Premium||$154/mo.|
|Cheapest Insurance Company||Workmens|
How Much is Car Insurance for a Mercedes-Benz SLC?
|Vehicle||Liability Only||Full Coverage|
|All Mercedes-Benz Models||$78||$193|
|Average Insurance Premium||$81||$169|
In the table above, you'll see that compared to other vehicles on the road, Mercedes-Benz SLC insurance prices are about average. On average, SLC owners will pay around $165 a month for full coverage, which has comprehensive and collision coverages in addition to liability, and about $38 per month for liability only insurance (discover more about these different types of insurance with our guide "State Minimum vs. Full Coverage").
Compared to other models, the SLC is more affordable, with rates about 15% lower than other vehicles in Mercedes-Benz's lineup. Compared to offerings from other brands, insurance for a SLC is also more affordable, with full coverage insurance premiums coming in around 7% less and 54% less for liability only insurance.
When compared to all vehicles of any body type, the SLC has lower rates than average for both liability only and full coverage car insurance.
Who has the Cheapest Car Insurance for a Mercedes-Benz SLC?
|Insurance Company||Average Monthly Premium|
Are you searching for an auto insurance policy for your Mercedes-Benz SLC? You're likely wondering which carrier offers the lowest rates. Even though premiums can fluctuate quite dramatically from person to person, the most affordable average rates for liability only insurance are as low as just $29 a month from Mercury. With car insurance as little as $30 per month, Workmens is the next lowest auto insurance company.
Rounding out the list are Hallmark, Liberty Mutual, and Esurance. That being said, just because these five companies offer the cheapest average rates doesn't necessarily mean they'll give you the best rates for your Mercedes-Benz SLC.
After all, your results might be different, since car insurance carriers look at many variables when calculating rates. The only way to guarantee you'll find the cheapest rates is to compare quotes from many insurance companies.
What Factors Affect Car Insurance Rates for a Mercedes-Benz SLC?
There are a multitude of factors that auto insurance carriers look at to determine how much they charge you for a policy -- and every carrier uses a different formula, so there's not one single company that's the lowest for each SLC owner.
The following sections show numerous factors car insurance companies use to calculate rates:
|Vehicle Age||Average Monthly Premium|
|Less than 1 Year||$37|
|6-7 Years||Not Enough Data|
|8-10 Years||Not Enough Data|
|11-14 Years||Not Enough Data|
|15 Years or Older||Not Enough Data|
The Mercedes-Benz SLC has been around for a few years -- that means vehicle age may play a role in what you end up paying for auto insurance. Typically, it costs less to insure older cars because they're worth less than newer models, and as time goes on and SLCs begin to depreciate, insurance costs will gradually go down.
As you can see in the table above, the Mercedes-Benz SLC follows this trend, as the most expensive models to insure are those that are 2 to 3 years old, while on average, the cheapest models are SLCs that are 4 to 5 years old.
|Age||Average Monthly Premium|
How old you are makes a significant difference in how much insurance carriers will charge for a policy. As you can see above, older drivers pay less for car insurance compared to young drivers.
Insurance prices continue to get lower as you get older, with the cheapest age group being 35-44 for SLC drivers.
|Gender||Average Monthly Premium|
Because women are less likely to get into accidents and get speeding tickets, they are less likely to file a claim with insurance. So, women tend to pay less for auto insurance than men. The Mercedes-Benz SLC is no different, and men pay about $2 more than women monthly for insurance.
Where You Live
|State||Average Monthly Premium|
You were probably already aware that things like what vehicle you drive and how old you are play a role in your auto insurance prices, but did you know that where you live can be equally important? Car insurance is regulated on the state level and not nationally, so premiums can change quite a bit depending on which state you call home.
For example, California has rates for SLC drivers that are more affordable than other locations.
Mercedes-Benz SLC Car Insurance Discounts
Whatever how old you are, which vehicle you drive, or what state you live in, using as many discounts as possible when it comes to your insurance policy is always the smart move.
Not every car insurance carrier will offer the same discounts, but there are a few that are relatively common. These include discounts like:
- Pay-in-full discounts for agreeing to pay your entire policy premium at once, rather than in monthly installments
- Multi-policy discounts for getting both your home and auto policies from the same company
- Multi-vehicle discounts for having several cars on your auto policy
- Defensive driving discounts for drivers who take a defensive driving class from an accredited school or institution
While taking advantage of discounts is always a smart way to save money on your insurance, sometimes, the best way to get the cheapest rates is by strengthening your overall insurance profile that carriers look at. This includes things like avoiding lapses in coverage, not having recent insurance claims, and driving safely.
While you can't control every single aspect of your car insurance profile (like some of the attributes we mentioned above), there is quite a bit that you do have control over. Below are just a few of the variables you can use to your favor when it comes to cost savings:
Your Driving Record
|Infractions||Average Monthly Premium|
|Multiple Accidents||Not Enough Data|
|1 Ticket||Not Enough Data|
|Multiple Tickets||Not Enough Data|
You've probably heard ads from auto insurance companies promoting big savings for safe drivers. And you're probably not surprised to hear that your insurance prices will get higher if you get into a collision or get a speeding ticket. But you still might be left wondering exactly how much these infractions will cost you.
You can tell from the table above that accidents will usually cost SLC drivers more than tickets, but both will result in higher than normal rates. The rates only increase the more accidents you have or tickets you get.
How Much You Drive
|Annual Mileage||Average Monthly Premium|
The total distance you drive annually plays a big role when it comes to your auto insurance rates. Drivers who are on the roads less often are more likely to go accident-free, so they'll normally end up paying less for car insurance. Above, you can see that Mercedes-Benz SLC owners who drive fewer than 2,500 miles a year pay about $22 per month for auto insurance, while those who put 10,000 miles or more on their cars pay $24.
But if you don't drive much because have a second vehicle or you work from home, you might consider getting a usage-based or pay-per-mile car insurance policy. With these kinds of plans, you pay a small monthly amount, and your final monthly bill is calculated based on how many miles you drove.
How Do Mercedes-Benz SLCs Compare to Other Vehicles?
If you're considering purchasing a new car and a Mercedes-Benz SLC is on your shortlist, you might want to know how it compares to other cars. Auto insurance is just one cost that's associated with a new car purchase, but it's certainly one that's worth considering.
Check out the table below to see how the Mercedes-Benz SLC stacks up:
|Mercedes-Benz SLC||National Average|
|Full Coverage Insurance||$85||$169|
|Average Annual Mileage||8,222||11,617|
Overall, the Mercedes-Benz SLC has an average MSRP and is in line with the going rate for a new vehicle. The national average vehicle price is $46,547, and the SLC comes in close to that at $49,950.
Full coverage insurance for a Mercedes-Benz SLC is around $84 a month cheaper than average, while liability only coverage is monthly.
When it comes to usage, Mercedes-Benz SLC drivers are much lower than the national average in annual miles driven, with 8,222 miles each year compared to 11,617 for all vehicles.
Mercedes-Benz SLC Car Insurance Costs by Model Year
You've seen how different things can affect how much the average driver pays for insurance. If you're thinking about buying a new vehicle and the SLC is one you're considering, having a good idea of how much you'll likely pay can be extremely valuable as you weigh your options.
2019 Mercedes-Benz SLC Car Insurance
|Liability Only Avg. Premium||$36|
|Full Coverage Avg. Premium||$148|
|Cheapest Insurance Company||Workmens - $32/mo.|
|Available Trims||300, 43 AMG|
On average, drivers who own a 2019 SLC can expect to pay $36 to $148 a month for liability only and full coverage insurance, respectively.
With rates as cheap as $32 per month, Workmens offered the cheapest policy we found for the 2019 Mercedes-Benz SLC.
Want to find the best rates? Just enter your ZIP code below to get lots of free personalized quotes.
2018 Mercedes-Benz SLC Car Insurance
|Liability Only Avg. Premium||$44|
|Full Coverage Avg. Premium||$179|
|Cheapest Insurance Company||Liberty Mutual - $44/mo.|
|Available Trims||300, 43 AMG|
You can expect full coverage for a 2018 Mercedes-Benz SLC to run about $179 a month, while liability only coverage will average around $44 monthly.
Liberty Mutual offered the lowest policy we found, with rates as cheap as just $44 a month.
If you want to know exactly how much you can expect to pay for your SLC, just enter your ZIP code below and get several free quotes in minutes.
2017 Mercedes-Benz SLC Car Insurance
|Liability Only Avg. Premium||$37|
|Full Coverage Avg. Premium||$169|
|Cheapest Insurance Company||Mercury - $21/mo.|
|Available Trims||300, 43 AMG|
It costs about $37 monthly for liability or $169 for a full coverage policy for the 2017 SLC.
With prices as little as just $21 per month, Mercury offered the most affordable policy we found.
If you want to find the best rates for auto insurance for a 2017 Mercedes-Benz SLC, enter your ZIP code below and compare multiple personalized quotes in just a few minutes.
Mercedes-Benz SLC Insurance FAQs
Is a Mercedes-Benz SLC expensive to insure?
Liability insurance runs an average of $38 monthly, while full coverage will cost you around $165. Compared to the national average of all vehicles, prices come in on the cheaper end of the spectrum.
How can I get the best price on car insurance for my Mercedes-Benz SLC?
The only way to be confident you're getting the lowest price on car insurance is to check prices regularly and compare quotes from a variety of carriers. A good rule of thumb is to get quotes every 6 months or so. Luckily, sites like Compare.com let you compare premiums from an array of companies at once, meaning you can find the most affordable rates (or guarantee you already have the best deal) in just a few minutes.
Does the color of my Mercedes-Benz SLC affect my insurance prices?
You might have heard the old adage that it costs more to insure a red car, but that's actually a myth. Although there are many factors auto insurance carriers think about when they offer premiums, the color of your car is not on that list.
Do I need to have insurance before I buy a Mercedes-Benz SLC?
You'll need to have a valid insurance policy before you can legally drive your new (or new to you) Mercedes-Benz SLC off the dealership lot. As part of the buying process, some dealerships may offer you a car insurance policy, but your best bet is letting your auto insurance carrier know beforehand.
What car insurance discounts can I get for my Mercedes-Benz SLC?
You will find a variety of discounts out there for insurance. Many of them (like "multi-vehicle discounts" and "safe driver discounts") are based less on your vehicle and more on you, but if your SLC has safety features like airbags, anti-theft systems, anti-lock brakes, and other features, it may be eligible for certain discounts. The only way to know is to get in touch with your insurance company and ask about their list of discounts.