As a fully electric compact SUV crossover, Mercedes-2020 Benz’s EQC 400 4Matic will be available for purchase. Mercedes-Benz EQC 400 4Matic car insurance, the first German premium electric vehicle maker, will cost $68,900 when it is released in the first quarter of 2019. The GLC series offers several features, however the EQC is an advance to the GLC.
The 400 4Matic from Mercedes-EQC Benz is an electric SUV that costs less than you’d think for full coverage. Expect to pay roughly $250 a month ($3,000 annually) to insure a basic EQC 400 4Matic, which is nearly twice the average annual premium for most car types. In contrast, the national average cost-to-base yearly insurance ratio is merely 4% for the $67,900 beginning price.
How do I compare insurance for the EQC 400 4Matic?
There are fewer EVs on the road, which means that EV insurance is more expensive than gas-powered insurance.
- Body type. Since the EQC is a premium all-electric car and a compact SUV crossover, it is more expensive to insure.
- Fuel. The EQC’s advertised electric-only range is between 200 and 220 miles. There are more advanced SUV electric luxury versions on the market, but this one should be enough for most daily trips. Electric motor repairs are more expensive than filling up the tank, therefore the savings from not filling up the tank are offset in part.
- The number of thefts is increasing. Luxury automaker Mercedes-Benz enjoys a cult following in the United States. Due to the fact that electric automobiles must be locked in order to load, they are less likely to be robbed than gas vehicles. The ECQ fees will cover this.
- Maintenance. Mercedes-Benz GLC owners may expect to pay more than $1,000 a year for routine maintenance, according to the RepairPal website in December of this year. While electric automobiles are more expensive than gasoline-powered vehicles, they require less maintenance. The cost of EQC insurance is heavily dependent on these factors.
- Coverage. In North America, the average price of a decent automobile is from $60,000 to $65,000. Besides hefty liability limits, you’ll also receive comprehensive and collision coverage with this insurance. Ensure that the uninsured engine property damage maximum is $50,000 or $100,000.
- Warranty. It’s possible to get a four-year, 100,000-mile extended warranty on a Mercedes-Benz for an additional $4,000. It will also come with a guarantee for its electric battery. You won’t have to pay extra for roadside assistance because it’s included in every Mercedes-Benz warranty.
- Supply from the provider. For new car discounts, Mercedes-Benz typically offers a broad variety of unique choices, such as cash-backs, customized leases, and low APR subsidies. Take a look at your possibilities for a new one
Does the Mercedes-Benz EQC 400 4Matic qualify for discounts?
Only the model and insurance company you choose will determine the exact savings you’ll receive on your Mercedes-Benz EQC 400 4Matic insurance.
- Electric vehicle discount
- Active restraint discount
- Passive restraint discount
- Anti Lock brakes discount
- Antitheft discount
- Airbag discount
- Seatbelt pretensioners
How reliable is the Mercedes-Benz EQC 400 4Matic?
The EQC 400 4Matic may be on par with or even better than the GLC in terms of safety, according to official US safety ratings. The EQC 400 4Matic has been awarded a five-star safety rating by Australian authorities.
- Safety. In terms of safety, the 2019 Mercedes-Benz GLC has a score of 9.8 from US News & World Report. Also this year, the Highway Institute has ranked the GLC 2019 as one of its Top Safety Pick+ vehicles. (IIHS). Until the EQC 400 4Matic is on sale, official safety ratings will not be available, but we can expect it to be just as safe.
- Reliability. In 2019, J.D. Power rated GLC reliability at 83 points out of 100, which is higher than Consumer Reports’ 3 points out of 5 star rating for the company. Confidence ratings of at least ordinary or above are expected for the EQC 400 4Matic.
- Recalls. Mercedes-Benz bears less resemblance to its predecessors than its competitors. This is a warning that it is in risk of vanishing with the EQC being its first all-electric vehicle.
With the EQC 400 4Matic, Mercedes-Benz has created a tiny, all-electric SUV. Because it is an electric luxury vehicle, the car’s insurance costs are lower than those of its competitors.
To get the best deal on your new EQC policy, shop around with many different insurance companies.