Finding the right car insurance policy can be a challenge. And if you drive a Mercedes-Benz GLC SUV, it’s helpful to understand the average costs for insurance on this vehicle. Read on to know more about multiple factors that influence the average Mercedes GLC insurance cost, which insurance companies may offer the lowest rates, and how you can find a policy that works best for your budget.
What Is the Cost of Insurance for a Mercedes-Benz GLC SUV?
Typically, it costs $1,863 per year on average (or $155.25 per month) to insure a Mercedes-Benz GLC. That is the average price for full coverage, so you might be able to save money if you choose a minimum coverage insurance plan. Also, that may seem like a high car insurance rate compared to other vehicles, including other small luxury SUVs. However, the average Mercedes GLC insurance cost is less than insurance rates for most other SUVs, by about $362 per year.
What Influences the Cost of Insurance?
What makes the Mercedes-Benz GLC slightly more affordable to insure than similar vehicles? In some cases, you might see much higher premiums while insuring this model. Here are a few reasons why the price of your insurance may vary:
How can owning a Mercedes-Benz GLC SUV impact the cost of your insurance policy? For starters, you can choose between two trims. The GLC 300 trim is a rear-wheel-drive vehicle and is the cheaper trim level, so the price of your insurance policy will likely be lower. Upgrading to the more expensive 4Matic trim with all-wheel drive may give you a higher monthly premium. Also, the age of your SUV can influence the overall price of your policy. Older vehicles tend to have slightly more expensive policies because of the higher risk of wear.
Regardless of the car, your age can impact the cost of your insurance policy. Typically, young drivers have costly insurance plans because of their limited driving experience. However, as you get older, your rates may decrease dramatically. Of course, insurance for a Mercedes-Benz GLC 300 4Matic with a teenage driver will cost significantly more than insuring the same car for a 30-year-old driver. However, you can often save money by adding a teenage driver to an existing insurance plan.
Where you live is a high-ranking factor regarding the price of your insurance. Each state has a set of insurance requirements and different living costs that impact overall insurance rates. For example, people living in more expensive states, like Louisiana, Michigan, and New York, may have higher insurance premiums than others. Here are a few cheap states for insuring a Mercedes-Benz GLC 300 4Matic, according to Insuraviz:
- Ohio: $938
- New Hampshire: $974
- North Carolina: $1,028
- Virginia: $1,042
- Vermont: $1,072
- Wisconsin: $1,096
Your Driving History
If you have a history of accidents or citations, that could impact the cost of your insurance. One accident on your record can increase your rates, while a clean record may lower them. Similarly, previous traffic tickets can raise the price of your insurance policy. Most insurance companies review these records before providing clients with a quote for a policy because these factors indicate your car accident risk level. It’s best to drive safely and maintain a clean record to keep your rates low.
Your Credit Score
Some insurance companies ask potential clients for access to their credit histories, which can help determine a driver’s likelihood of making on-time payments. That, in turn, affects the cost of a policy. While that is not legal in every state, it’s helpful to be aware of how your credit score could impact the cost of your insurance policies. Typically, higher credit scores lead to lower rates, and low scores lead to higher rates.
Cheapest Insurance Companies for a Mercedes-Benz GLC
You can choose from many different insurance companies when selecting a coverage plan. While many national plans service drivers around the country, some local companies might work with you to secure an affordable deal. It’s best to reach out to many companies to compare quotes to determine which company’s policy and price work best for your needs. Here are a few of the least expensive annual rates for drivers who own a Mercedes-Benz GLC:
- Progressive: $1,295
- Erie: $1,309
- Allied: $1,393
- Nationwide: $1,393
- Acuity: $1,514
- USAA: $1,527
Tips For Lowering Your Mercedes GLC Insurance Cost
While the average insurance rates for a Mercedes-Benz GLC are high, you can find methods for saving money that doesn’t involve moving to a cheaper state. That said, we have a couple of tips for you to lower the price of your insurance policy. For one thing, you can increase your deductible to lower your monthly premium. Secondly, shop for discounts or ask your insurance company if they offer any discounts on their policies. For example, you can get a discount from some car insurance companies if you take a driver’s safety course.
You can find an insurance policy that works for you and your budget. If you drive a Mercedes-Benz GLC, you can expect your insurance policy to cost somewhat more than a policy for other vehicles. Many factors can influence the cost of your policy, so it’s best to compare quotes before you choose one. You can also implement strategies to lower the cost of your insurance while still getting great coverage.
At FIXD, our mission is to make car ownership as simple, easy, and affordable as possible. Our research team utilizes the latest automotive data and insights to create tools and resources that help drivers get peace of mind and save money over the life of their car.