MERCEDES-BENZ
How much is Mercedes-Benz EQB-Class insurance?

About $1,835 a year for full coverage on a national average — 28% more than the $1,438 average car. Insurers rate the Mercedes-Benz EQB-Class at an index of 128 where 100 is a typical vehicle, based on how often and how expensively these cars actually generate claims (latest data covers 2022-2024).

FULL COVERAGE
$1,835
estimated per year
HLDI
128
insurance index (100 = average)
RANK
#55
of 80 in its class
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What the numbers say

The premium isn't spread evenly. Collision — damage to your own car in a crash — carries this car's highest loss index at 147, while Property damage sits at 116. That gap is the real reason behind the price, and it's the part a quote form never shows you. Among 80 luxury suvs we hold data for, the EQB-Class ranks #55 from cheapest, above the class median of 109. Calculated from 3 insurance-loss records.

Why a EQB-Class costs what it does

Insurers don't price a car with one number — they track losses separately for each kind of cover. An index of 100 is the average vehicle, so anything above means this model generates costlier claims of that type:

FIG.01·Mercedes-Benz EQB-Class — Insurance Loss Index by Coverage
01
Collisiondamage to your own car in a crash147
02
Comprehensivetheft, weather, vandalism, animals120
03
Property damagedamage you cause to other property116
TOP 3·UNIT loss index (100 = average car)·SOURCE HLDI insurance-loss data

Read it as «where the money goes». A high Collision figure means these cars are expensive to repair after a crash; a high Comprehensive figure points at theft, weather and vandalism instead. Estimated annual split at $1,835: Liability (BI + PD) $881 · Collision $514 · Comprehensive $220 · Other (UM / PIP) $220.

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The EQB-Class against its class

Every luxury suvs we hold insurance data for, cheapest to insure first. The EQB-Class is highlighted — rivals are clickable if you're cross-shopping:

FIG.02·Mercedes-Benz EQB-Class vs Rivals — Insurance Loss Index
01
Land Rover Defender≈ $1,675/yr117
02
Jaguar E-PACE≈ $1,731/yr120
03
Land Rover Range Rover Sport≈ $1,754/yr122
04
Cadillac Escalade ESV≈ $1,786/yr124
05
Mercedes-Benz GLE-Class≈ $1,813/yr126
06
Mercedes-Benz EQB-Class≈ $1,833/yr128
07
BMW X3≈ $1,907/yr133
08
Land Rover Range Rover Velar≈ $1,923/yr134
09
BMW X5≈ $1,941/yr135
10
Audi Q8≈ $1,956/yr136
11
Genesis GV70≈ $1,971/yr137
12
Tesla Model X≈ $2,000/yr139
TOP 12·UNIT loss index (100 = average)·SOURCE HLDI · Luxury SUVs

Class as defined by insurers (Luxury SUVs), not by us — it groups cars by how they're actually driven and repaired. Median for this class is 109, roughly $1,560 a year.

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What a EQB-Class costs by state

Where you park matters as much as what you drive. The EQB-Class's index applied to each state's average premium — the same car, the same cover, different postcode:

FIG.03·Mercedes-Benz EQB-Class Insurance Cost by State
StateEQB-Class est. / yrvs national
Florida$2,543/yr+39% vs US
Louisiana$2,524/yr+38% vs US
New York$2,418/yr+32% vs US
District of Columbia$2,319/yr+26% vs US
Georgia$2,227/yr+21% vs US
Texas$2,203/yr+20% vs US
Wisconsin$1,276/yr-30% vs US
Hawaii$1,273/yr-31% vs US
Idaho$1,251/yr-32% vs US
North Dakota$1,226/yr-33% vs US
Vermont$1,222/yr-33% vs US
Maine$1,181/yr-36% vs US
ROWS 12·SOURCE NAIC 2023 × HLDI

Six priciest and six cheapest states shown. Figures are the state's average premium scaled by this model's loss index — your own quote also depends on age, record, deductible and ZIP.

More on the Mercedes-Benz EQB-Class

Mercedes-Benz EQB-Class insurance — frequently asked

How much is insurance for a Mercedes-Benz EQB-Class?

About $1,835 a year for full coverage at the national average, versus $1,438 for a typical car. That's the model's insurance-loss index of 128 applied to the US average premium.

Why is the EQB-Class expensive or cheap to insure?

Its costliest area is Collision (index 147), which covers damage to your own car in a crash. Insurers set premiums from claim history like this, not from the sticker price.

Is the EQB-Class cheaper to insure than rivals?

It ranks #55 of 80 in the luxury suvs class, where the median index is 109 against this car's 128. Cheaper rivals are listed in the chart above.

Where does this data come from?

Insurance-loss indices published for real vehicles, combined with NAIC state average premiums. It's claim history, not a quote engine — so it shows what these cars actually cost insurers rather than what one company would offer you.

Will my own quote match this?

Treat it as a baseline for the car itself. Your figure also moves with age, driving record, deductible, mileage and ZIP code — the same EQB-Class can differ by hundreds between two drivers.

How we work this out

Insurance-loss indices come from published claim data for real vehicles, where 100 is the average car; we average every recorded variant of the model's latest generation (3 records for the Mercedes-Benz EQB-Class). The dollar figure applies that index to the NAIC US average premium of $1,438 (2023); state figures use each state's own average. Prices for the value comparison are ForCar's medians of live US listings. This is a baseline for the vehicle, not a personal quote. Last updated Jul 2026. Reviewed by , founder of ForCar.
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