Mercedes Car Insurance

Get reliable car insurance coverage tailored to you with Brokerlink.

Mercedes-Benz, or simply Mercedes, is a renowned German luxury car brand with a global presence. Known for its powerful, innovative, and prestigious vehicles, Mercedes is a top choice for those seeking luxury. Regardless of the Mercedes model you drive, you’ll need to find the right car insurance coverage for it. That’s where BrokerLink can help.

BrokerLink compares rates from a wide range of providers, ensuring you get the best deals available.

What is Mercedes-Benz insurance?

Think of purchasing Mercedes-Benz insurance as making a deal with a car insurance company. You keep up your end of the deal by making your monthly or annual payments to keep your insurance coverage active, and they keep up their end of the deal by covering the costs associated with a car accident, vandalism, or theft, depending on your policy.

Why you need Mercedes-Benz auto insurance

Mercedes-Benz car insurance is essential for a couple of reasons. First of all, car insurance is required in Canada, no matter what type of vehicle you drive, and you'll need a policy that meets your province’s legal requirements. Without at least the minimum required insurance, you're at risk of facing major fines and even jail time.

Second of all, car accidents are expensive - especially when you own a luxury vehicle like a Mercedes-Benz. Basic liability car insurance covers the costs of third-party injuries and property damage when you cause an accident. Without it, you'd have to cover these costs on your own. And without extra protection like collision, you're left to cover the cost of repairing or replacing your own vehicle as well.

Essentially, you need car insurance for your Mercedes-Benz not only because it's required by law but also to protect yourself and your finances.

Types of insurance coverage for your Mercedes-Benz

There is a specific amount of car insurance that is required for all drivers in Canada. However, many Mercedes-Benz drivers may want to go beyond the minimum coverage. For instance, drivers of luxury vehicles like Mercedes might find collision or comprehensive coverage to be worth considering. It can also be a good idea to increase your minimum liability insurance coverage.

To help you figure out what insurance you need, the experts at BrokerLink have outlined some of the most common mandatory and optional types of auto insurance below:

Recommended

Additional

Third-party liability coverage protects you if you’re responsible for an accident that injures someone or damages their vehicle. It can help cover their medical expenses, car repairs, and any legal fees or court costs you may face afterward. Liability coverage is required in Canada, but the minimum coverage varies depending on the province in which you live.

[Not mandatory in Newfoundland] Accident benefits coverage is another mandatory type of auto insurance in Canada. It helps pay for medical expenses if you, your passengers, or even pedestrians are injured in an accident. No matter who’s at fault, you can receive compensation for medical costs through the accident benefits section of your policy.

[Not mandatory in Alberta] Uninsured automobile coverage is another required type of insurance in parts of Canada. It protects you and your passengers if you’re involved in a collision with an uninsured or underinsured driver. This coverage also helps protect Mercedes-Benz drivers in the event of a hit-and-run accident.

[Not mandatory in Ontario] If you’ve been in an accident that wasn't your fault, direct compensation-property damage coverage lets you file a claim with your own insurance company instead of working with the at-fault driver’s insurer, making the process quicker and simpler. In some no-fault provinces in Canada, this coverage is required.

Collision coverage does exactly what the name suggests—it protects you if you're involved in an accident with another vehicle or a stationary object. It helps cover the costs of repairing or replacing your car. Though it's optional, many Mercedes-Benz drivers choose to have it for added peace of mind.

Comprehensive coverage covers what collision doesn’t. It provides financial protection for situations not related to collisions, such as theft, vandalism, water damage, fire, falling objects, and more. This coverage is also optional in Canada but popular among Mercedes-Benz drivers.

One final type of optional car insurance coverage is accident forgiveness. Accident forgiveness is additional coverage that can be added to your car insurance policy as an endorsement to protect your driving record and to help prevent your insurance premium from increasing if you have an at-fault accident claim. Note: coverage varies by province.

If you're buying a new car, adding this coverage to your policy is worth considering. It ensures you're covered for the full value of your vehicle without factoring in depreciation. That means if your car is stolen or totalled, you'll be reimbursed for the cost of a brand-new vehicle—not just what it's worth after wear and tear.

If you ever get into an accident and your car needs repairs, loss of use coverage has your back. While your car is in the shop, this coverage helps pay for other ways to get around—whether that's hopping on public transit, using ride shares, or renting a car. It can be a real lifesaver, especially if your car ends up being out of commission for days or even weeks.

Let us be your resource for all things car insurance

Why BrokerLink

Discover what sets BrokerLink apart. Our commitment to personalized service, expert advice, and comprehensive coverage options ensures you get the best protection tailored to your needs.

Our Reviews

23113+ Reviews

Average rating of 4.6

Greg Silver

Excellent service, rates and customer service. Highly recommended.
Andy Rohansingh

Very easy to do business with this company. They handle all of my past, current and will be doing my future vehicles also. They listen and get you the insurance that you want and need.
Ian Roome

I've always had a great experience with their agents/brokers when I've had questions about my policy. Agents are always polite, professional and able to answer my questions.
Clara Furlano

Honestly, they have the best advisors. Ones who take their time to understand your insurance needs.
Joyce Kivuyo-Kisamo

I have been with BrokerLink for over 5 years and have never been disappointed; my issues have been always solved promptly and efficiently, they even found me a cheaper motor insurance with same qualit...
Terry Mason

I find Brokerlink to be better priced than most of their competitors. I have received good, prompt advise and always deal with a live agent.
Sandi G

Excellent, hands-on, personable service. I feel like I haven't had a broker like this, in a long time
DANI L

The best client experience!!! Honest, genuine, professional. They explain AND LISTEN! Trust no one else ❤️
Anne Langevin

What a wonderful place of friendly workers always with smiles and happy to help. She sure did wonders on savings me and my hubby on our house and garage insurances next is our vehicles in a couple o...
Peter Ayo

"I had a wonderful experience with Broker's intact at the Calgary branch of BrokerLink. They were incredibly patient and took the time to explain the differences between my old policy and the new one...
Chris Gelowitz

Very nice people here, a welcoming feel, some nice plants, and very helpful and pleasant brokers
Digital Evolution

BrokerLink was fantastic to work with! Excellent communication, they answered all my questions and concerns, and were always very prompt with their responses. I highly recommend their service!
renee king

Always a pleasure to communicate with. Awesome service as always. I would definitely recommend them! Thanks for being there to help when needed!
Andrea Case

The people I have dealt with are always very helpful and quick with answers to my questions and/or changes to my policy.
Dan Hayes

I have been dealing with Doreen at Brokerlink for many years.Always great service and you can tell she really cares to get you the best policy for your needs.Thank you Doreen.
Rana Najar

I had a great experience, staff was friendly and informative. Which made it easy to understand. Thank you for all you help!
Mark Houston

Been using Brokerlink for several years now - exceptional service. It’s nice to actually see and know the broker you are dealing with as opposed to a phone conversation with someone you can barely und...
Katherine Bedea

Omg... 10 out of 10.. in customer service, helpful and friendly. I would highly recommend this company for anybody's insurance purposes.
Jessie hansra

Best customer service of the year for me.well explained and very helpful . Really appreciate it thanks
Ifedapo Adeniyi

Excellent Insurance broker especially for new and newly immigrant Canadians. Give them a look if you are looking for excellent service and the right coverage for you.
David Ford

Fast, efficient, knowledgeable service. Helpful staff.
Michelle Hawgood

Always very pleased with call-back time, details of the service and follow-up if required. Friendly, well-trained staff that make us feel that our needs are being met perfectly!
Trevor Hildebrand

Great people! Always friendly and knowledgeable and ready to help!
Morgan Adekeye

The women that work in this office are so wonderful. We have had some obstacles come up and they made sure they were solved quickly and as easily as they possibly could be. We are very happy with our...
Tyler Frisby

Fast and professional responses, what more Can you ask for. 5🪄
Steven Melowsky

Very fast and effective service. Was insured within 24 hours of initial call. Fantastic service.
Steve Payne

First rate service all of the time ( last 10 years) no problems, service always given in a friendly, knowledgable way to ensure we receive the very best deals from the best companies
Matt & Sav Weetman

While insurance can be a pain to deal with, the staff are wonderful, friendly, knowledgeable and always willing to help you understand what is on your documents.
Brooklyn Seweryn

Lovely service, great communication and very helpful!!
Craig Gillis

Friendly, hassle free service. I'm impressed. Would highly recommend.
Cheryl Trush

The staff were to a person courteous, professional, and helpful. They answered every question quickly. I came from out of province and my needs were more than usual, yet I had insurance in 3 days. Ver...
Jinene Shinnicks

100 percent recommend, good quotes, good coverage and amazing brokers and customer care.
Geoff Aiken

Everything went perfectly including prompt follow up.
Tony Hynes

My experience with broker link has been very positive one of the best experiences I've actually ever had with the insurance company my representative was very knowledgeable very understanding and I wo...
Christine Fedrau

Your price for my insurance is the best overall and the service for handling my problem was great.. I am a very satisfied customer and I recommend Broker Link with anyone.
amanda

If you need a broker, this is the best place to deal with! Amazing staff!!
Lori Coffey

Friendly staff very quick turnaround with assistance anytime I’ve ever needed it. I feel very well taken care of by my insurance company.

Our numbers speak for themselves

How to save money on Mercedes-Benz car insurance

No one should ever overpay for auto insurance. Luckily, there are plenty of ways Mercedes-Benz drivers can save on their auto insurance premiums. Whether it’s bundling policies or adding winter tires to your Mercedes, here’s a list of money-saving tips from the experts at BrokerLink to help you out:

Discounts

Bundle multiple insurance policies together

A great way to save on Mercedes car insurance is by bundling multiple policies together. Insurance providers often offer discounts to loyal customers, so if you buy more than one policy from them, you could get a better rate. For example, if you're insuring multiple cars in your household (whether they're all Mercedes or not) or combining your Mercedes car insurance with other types of coverage like home, tenant, or condo insurance, bundling everything with the same provider could save you up to 15% per policy.

Buy a hybrid or electric Mercedes-Benz vehicle

Another way to save on Mercedes-Benz car insurance is by buying a hybrid or electric vehicle (EV). Mercedes offers several electric and hybrid models in Canada, like the EQB SUV, EQE SUV, EQS sedan, EQE sedan, and GLC 300e plug-in hybrid. Driving one of these could make you eligible for a discount of up to 10%.

Enrol in driving school

Enrolling in an approved driving school is another great way for young or new Mercedes drivers to save on car insurance. There are accredited driving schools across the country, and completing one can lead to significant savings. Insurance companies know that professional driving lessons make you a safer, more responsible driver, which reduces your chances of being in an accident, so they offer discounts as a reward for completion.

Install winter tires on your Mercedes-Benz

You might be surprised to learn that installing winter tires can help you save money on your Mercedes insurance. While winter tires aren’t required in all Canadian provinces and territories, having them on your Mercedes-Benz could qualify you for a discount of up to 5%. This is because insurance providers recognize that snow tires make winter driving safer and reduce the chances of an accident.

Savings Options

Pay for your policy annually

Another way to save on your Mercedes-Benz car insurance rate is by paying for your policy annually instead of monthly. While paying monthly might seem more convenient, it often ends up costing more because insurance companies typically charge administrative fees for each payment. Paying once a year can help you avoid those extra costs and save you money in the long run.

Increase your deductible

Raising your policy deductible can often lower your insurance premium, making it a great way to save on Mercedes-Benz car insurance. Many types of coverage have a deductible, like collision and comprehensive, but you get to choose the amount. Even increasing it from $500 to $1,000 could reduce your rate, but make sure you can afford it if you need to file a claim. To learn more about how changing your deductible could affect your Mercedes-Benz car insurance, reach out to BrokerLink and talk to one of our experienced brokers.

Work with a trusted insurance broker

Lastly, another great way to save on Mercedes-Benz car insurance is by working with an experienced insurance broker like BrokerLink. Our advisors are fully licensed and committed to finding you excellent coverage at a great price. We’ll help unlock discounts, compare quotes to make sure you get the best rate, and share tips for saving on auto insurance. If you’re looking for affordable, comprehensive coverage for your Mercedes-Benz, get in touch with BrokerLink today.

How Mercedes-Benz car insurance rates are calculated

In general, the more expensive your vehicle, the higher your insurance will likely be since it costs your insurer more to repair or replace it if it’s damaged. However, if your Mercedes is equipped with advanced safety features, that could help lower your premium. Since Mercedes-Benz is a luxury brand, your insurance will probably be higher than it would be for a more budget-friendly car.

That said, the cost of car insurance for Mercedes-Benz models can vary quite a bit. This is because the make of your vehicle is just one of many factors that insurance companies look at when setting your insurance premium. There are many others, such as a driver’s age, location, driving record, or claims history, that will also impact your Mercedes insurance rates. Below, you’ll find a list of some of the most common factors insurance companies consider when determining your premium:

The vehicle's make and model
Where you live (and work - if you drive to work)
Age
Driving experience
Driving history
Annual mileage
How you use your vehicle
Past claims
Your deductible(s)
Prior insurance coverage
Policy options you choose and their limits

Now, insurance brokers like BrokerLink don't set your car insurance rates. That's up to the insurance company. But, as your local brokerage, what we can do for you is save you time by gathering quotes from several insurance companies and comparing them to find the best Mercedes-Benz car insurance policy for your insurance needs.

About Mercedes-Benz

Founded in 1926, Mercedes is a German auto brand famous for its luxury vehicles. In 2018, Mercedes-Benz became the world’s largest premium vehicle brand, selling 2.31 million passenger cars. Although it’s a German brand, Mercedes cars are now made in over 30 countries around the world.

Mercedes was also a pioneer in automotive safety, introducing the first anti-lock brakes in 1978 with the Mercedes S-Class. This innovation quickly became a standard feature across all Mercedes models.

Today, Mercedes makes everything from sedans, roadsters, and SUVs to coupes, wagons, and even commercial vehicles. They’ve also rolled out an all-electric range, including the EQB SUV, EQS SUV, and EQS Sedan.

Contact BrokerLink

As insurance experts, BrokerLink can quickly help you find an affordable policy with comprehensive coverage for your Mercedes-Benz. We can also guide you through the minimum insurance requirements in your province, assist with policy renewals, help with filing claims, and even provide tips on buying a new car.

If you’ve decided to buy a Mercedes-Benz, like perhaps the Mercedes CLA 250, make sure you protect it with the right car insurance. Get in touch with BrokerLink today to get started. You can contact us by phone, in person, or online and take advantage of our free car insurance quotes, available to all drivers in Canada, no matter the make or model of your vehicle.

[phone]

Get an auto insurance quote

Resources

Check out our wide range of resources, offering valuable information and tools, all in one convenient place.

Check out blog

Service and claims

Visit a branch

About us

FAQs

Have questions? Our FAQ section has the answers you're looking for. Find helpful information to guide you through your options.

Is it safe to purchase Mercedes-Benz car insurance online?

Yes, it is perfectly safe to purchase car insurance online. In fact, all types of insurance can now be purchased online in a matter of minutes. However, with so many car insurance providers vying for your business, it can be tough to find the right policy. That's where insurance brokers come in. They can help you navigate the insurance world and find you the best policy.

Is buying Mercedes car insurance worth it?

Yes, purchasing Mercedes car insurance is definitely worth it because of the many benefits it provides. Auto insurance offers essential financial protection—whether you're in an accident or your car is stolen, it can help cover the financial impact. Another important reason to buy Mercedes car insurance is that it's mandatory in Canada. Driving without it is illegal and could result in serious consequences, such as hefty fines, a suspended licence, or even jail time.

Why should I purchase Mercedes-Benz car insurance from an insurance broker?

There are many reasons why Mercedes drivers choose to purchase auto insurance from an insurance broker. First, insurance brokers do the work for you. Second, insurance brokers work independently of insurance companies, which allows them to put the customer’s needs first by offering quotes from multiple insurance companies instead of just one.

Is it safe to purchase Mercedes-Benz car insurance online?

Why should I purchase Mercedes-Benz car insurance from an insurance broker?

Is buying Mercedes car insurance worth it?

More ways to find great car insurance

Browse additional resources to help you find the right coverage at the best price

Newfoundland & Labrador

New Brunswick

Nova Scotia

Ontario

Vehicle Insurance

Property Insurance

Other Insurance

Mercedes Car Insurance

What is Mercedes-Benz insurance?

Why you need Mercedes-Benz auto insurance

Types of insurance coverage for your Mercedes-Benz

Third party liability coverage

Accident benefits coverage

Uninsured automobile coverage

Direct compensation-property damage coverage (DCPD)

Collision coverage

Comprehensive coverage

Accident forgiveness coverage

Waiver of depreciation

Loss of use coverage

Third party liability coverage

Accident benefits coverage

Uninsured automobile coverage

Direct compensation-property damage coverage (DCPD)

Collision coverage

Comprehensive coverage

Accident forgiveness coverage

Waiver of depreciation

Loss of use coverage

Why BrokerLink

Our Reviews

Greg Silver

Andy Rohansingh

Ian Roome

Clara Furlano

Joyce Kivuyo-Kisamo

Terry Mason

Sandi G

DANI L

Anne Langevin

Peter Ayo

Chris Gelowitz

Digital Evolution

renee king

Andrea Case

Dan Hayes

Rana Najar

Mark Houston

Katherine Bedea

Jessie hansra

Ifedapo Adeniyi

David Ford

Michelle Hawgood

Trevor Hildebrand

Morgan Adekeye

Tyler Frisby

Steven Melowsky

Steve Payne

Matt & Sav Weetman

Brooklyn Seweryn

Craig Gillis

Cheryl Trush

Jinene Shinnicks

Geoff Aiken

Tony Hynes

Christine Fedrau

amanda

Lori Coffey