Key Facts About Insuring a Mercedes in Ontario
The figures below are based on MyChoice’s proprietary online quote data collected from Mercedes drivers in Ontario in 2026.
| Average Mercedes insurance premium (Ontario): | $2,481 |
| Cheapest Mercedes model to insure: | A-Class ($2,307) |
| Most expensive Mercedes model to insure: | E-Class ($2,779) |
| Cheaper alternatives to Mercedes for car insurance: | Mitsubishi ($1,519), Fiat ($1,612), Volkswagen ($1,644), Subaru ($1,702) |
| Mercedes collision rate in Ontario: | 11.0% of Mercedes drivers have ≥1 at-fault accident |
How Much Does it Cost to Insure Your Mercedes in Ontario?
On average, it costs about $2,481 per year to insure a Mercedes in Ontario, but where you live changes that figure dramatically. Dense, high-claims cities such as Mississauga sit well above the provincial average, while smaller markets like Ottawa come in below it.
Here is the estimated average annual Mercedes premium across major Ontario cities:
| City | Average Annual Insurance Premium |
|---|---|
| Brampton, ON | $4,040 |
| Scarborough, ON | $3,546 |
| Vaughan, ON | $3,147 |
| Mississauga, ON | $2,903 |
| Markham, ON | $2,751 |
| Toronto, ON | $2,733 |
| Barrie, ON | $2,464 |
| Oshawa, ON | $2,463 |
| London, ON | $2,371 |
| Windsor, ON | $2,368 |
| Thunder Bay, ON | $2,365 |
| Hamilton, ON | $2,176 |
| Sudbury, ON | $2,143 |
| Kitchener, ON | $2,106 |
| Kingston, ON | $2,023 |
| Ottawa, ON | $1,955 |
How Mercedes Car Insurance Costs Compare to Similar Vehicle Brands
When selecting a vehicle, many buyers weigh the insurance rates of different brands against each other, since insurance costs can significantly influence the decision. Based on our internal Ontario quote data, Mercedes sits in a premium price band relative to comparable brands. Mercedes insurance generally costs more than Honda, Audi, BMW, but less than Tesla, Alfa Romeo, Land Rover.
Here’s how the average annual Ontario premiums compare:
| Car Model | Average Annual Insurance Premium |
|---|---|
| Honda | $2,237 |
| Audi | $2,311 |
| BMW | $2,409 |
| Mercedes | $2,481 |
| Tesla | $2,520 |
| Alfa Romeo | $2,712 |
| Land Rover | $3,126 |
Mercedes Car Insurance Rates Are on The Rise
Over the past six years, average insurance premiums for this vehicle in Ontario have increased by approximately 31%, rising from $1,893 in 2020 to $2,481 in 2026. Premiums rose steadily through most of the period as insurers faced higher repair costs, increasing claims severity, and broader inflationary pressures.
| Year | Average Annual Insurance Premium | YoY Change |
|---|---|---|
| 2020 | $1,893 | — |
| 2021 | $1,998 | +5.5% |
| 2022 | $2,128 | +6.5% |
| 2023 | $2,262 | +6.3% |
| 2024 | $2,388 | +5.6% |
| 2025 | $2,369 | -0.8% |
| 2026 | $2,481 | +4.7% |
Mercedes Car Insurance Rates by Model & Year Make
When insuring your Mercedes, the model you choose significantly impacts the insurance rates. Our detailed analysis below provides a comprehensive view of the insurance costs for various Mercedes models from different years.
| Model | Average Annual Insurance Premium |
|---|---|
| A-Class | $2,307 |
| GLC | $2,357 |
| GLA | $2,456 |
| GLE | $2,481 |
| CLA | $2,679 |
| C-Class | $2,729 |
| E-Class | $2,779 |
Mercedes Insurance FAQs
What is the most affordable Mercedes model to insure?
The Mercedes A-Class is the most affordable model to insure in Ontario, with an average annual insurance premium of $2,307.
Are Mercedes vehicles safe to drive?
Mercedes-Benz is considered one of the safest manufacturers. The company has long been at the forefront of car safety. Mercedes-Benz vehicles generally have advanced airbag systems, computerized braking, and advanced crumple zones.
The National Highway Traffic Safety Administration gives Mercedes-Benz vehicles four- and five-star ratings.