The cost of insuring a Mercedes AMG C 63 is highly dependent on the driver's age. For example, a 16-year-old driver with a 2009 model pays around $7,630 per year for car insurance, whereas a 40-year-old spends $1,667 annually. Rates for a 2021 model are $10,831 for a 16-year-old and $2,398 for a 40-year-old.
MoneyGeek has rated the leading auto insurance companies for the Mercedes AMG C 63, considering affordability, customer satisfaction and claims handling.
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Average Cost and Cheapest Companies for Insuring a Mercedes AMG C 63
The average cost to insure a Mercedes AMG C 63 is $2,104 per year, but the price may vary depending on the insurance company you choose. State Farm offers the most affordable car insurance option for a Mercedes AMG C 63 at $1,575 per year for a full coverage policy, while Allstate charges $2,406 annually. Minimum coverage insurance costs an average of $550 per year, with GEICO providing the most inexpensive policy at $477 annually. Farmers is the priciest option at around $710 per year.
Is a Mercedes AMG C 63 Expensive to Insure?
Insurance companies consider various factors when determining the cost of insuring a Mercedes AMG C 63. Compared to other hybrid models, this car tends to be more expensive to insure.
There are several reasons why cars like the Mercedes AMG C 63 are more expensive to insure than others, including their overall value, repair costs and the likelihood of theft. Typically, pricier cars come with more expensive repair costs, resulting in higher premiums.
Best Companies for Insuring a Mercedes AMG C 63
When looking for car insurance for your Mercedes AMG C 63, consider affordability, but also the quality of service and claims handling the company provides.
According to MoneyGeek's research, the best car insurance providers for a Mercedes AMG C 63 are:
- State Farm: MoneyGeek score of 90 out of 100 ($1,575 per year)
- GEICO: MoneyGeek score of 89 out of 100 ($1,657 per year)
State Farm is an excellent option for Mercedes AMG C 63 owners as it offers a combination of affordable premiums and exceptional service.
MoneyGeek Top Pick: State Farm
Offers the lowest premiums
Quality customer service
Only offers three add-on options
Below-average claims management score
State Farm stands out as the best option for insuring your Mercedes AMG C 63 due to its affordable pricing and high level of customer satisfaction. The company offers the cheapest average rates in the country for insuring a Mercedes AMG C63.
State Farm offers roadside assistance coverage, which pays for expenses related to vehicle towing, locksmith services, labor and delivery costs for gas, oil, battery or tires during covered emergencies on the road.
You can also add rental car and travel reimbursement coverage to your policy. This coverage pays for a rental car, meals, lodging and transportation if your Mercedes AMG C 63 is unusable due to a covered incident.
MoneyGeek Runner-Up: GEICO
Offers the second cheapest rates
Quality customer service
Subpar claims management score
Does not offer OEM coverage and gap insurance
MoneyGeek picks GEICO as the second-best car insurance provider for the Mercedes AMG C 63, thanks to its quality customer service and affordability. Compared to other insurance companies surveyed, GEICO's rates are the second-lowest. In addition to its competitive pricing, GEICO offers several coverage options to enhance your Mercedes AMG C 63 policy.
One add-on option is mechanical breakdown insurance (MBI), which covers all parts and systems beyond the standard services most dealer extended warranties offer. GEICO also provides roadside assistance coverage, which includes services such as tire changes, towing, jump starts and lockout services.
In addition, GEICO offers accident forgiveness coverage, which protects policyholders from facing a surcharge after their first at-fault accident. If you’re over 21 and have been accident-free for five years, you may even get this coverage for free.
Cost of Insuring a Mercedes AMG C 63 by Model Year
The age of your Mercedes AMG C 63 will affect its average auto insurance rates. Generally, older cars tend to have lower premiums than newer ones as they depreciate. For instance, insuring a 2009 Mercedes AMG C 63 costs an average of $1,667 per year, while a 2021 model costs around $2,398 per year to insure.
Your car's model year and your preferred insurance provider can impact the average cost of your auto insurance. State Farm stands out as the most cost-effective option for both 2009 and 2021 Mercedes AMG C 63 models, with rates of around $1,158 and $1,899 per year, respectively.
Cost of Insuring a Mercedes AMG C 63 for 16- to 25-Year-Olds
Car insurance rates for young drivers, especially teenagers and those in their twenties, are typically higher than those for drivers 30 and older due to their lack of experience behind the wheel and higher risk of accidents.
On average, a 16-year-old driver buying insurance for a Mercedes AMG C 63 pays $9,225 per year, whereas a 40-year-old driver only pays $2,041 per year.
As drivers gain more experience and age, teen car insurance rates tend to decrease. Rates generally stabilize once drivers reach their twenties.
Enrolling teenage drivers in a family plan is a cost-effective alternative to buying them an individual policy. State Farm charges around $3,686 per year to insure a 16-year-old driver of a 2009 Mercedes AMG C 63, while the same policy with Progressive costs approximately $11,990 per year. Always compare rates from different companies to find the most affordable option for your family.
How Does Location Affect the Cost of Mercedes AMG C 63 Insurance?
Auto insurance premiums are calculated based on several factors, such as model year, car make and the driver’s age. However, your location can also significantly affect your insurance costs.
Our research indicates that Florida has the highest insurance rates, while Idaho has the lowest. Moreover, the cheapest insurance provider for a particular car model may vary by state. To secure the best deal for your Mercedes AMG C 63, compare quotes from the most affordable insurers in your area.
Frequently Asked Questions About Mercedes AMG C 63 Insurance
If you're getting insurance for a Mercedes AMG C 63, you may have questions about affordability and quality. We provide answers below to help you get started.
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