Insurance premiums for a Ford Mustang average $171 monthly for full coverage and $88 for minimum coverage. Depending on your particular trim and model year, costs can range from $58 to $403 monthly.
Ford Mustang Insurance Cost
Updated: January 26, 2026
Key Takeaways
GEICO offers the most affordable Ford Mustang insurance. Mustang insurance is, on average, $171 monthly, though full coverage costs vary widely by model year and company. Read more
Sports cars have higher premiums due to performance capabilities and theft risk, but the Mustang ranks 13th out of 115 sports cars for affordability in the US market. Read more
Teen drivers on your policy make model year specificity important for accurate Mustang insurance rates. Read MoneyGeek's analysis of rates by company for specific Mustang model years, depending on the age of the drivers
How Much Is Ford Mustang Insurance?
| Ford Mustang | $88 | $171 |
Looking for another Ford model? Read more about the cost of Ford car insurance models.
Your Ford Mustang's monthly insurance costs can range dramatically from $58 for older models to $235 for the newest ones. Model year greatly affects car insurance rates, and the Ford Mustang is no exception since newer vehicles have higher fair market values that cost more to insure.
Insurance costs for a Ford Mustang depend on model year and company. Full coverage goes from $131 monthly with GEICO to $311 with AIG, while minimum coverage spans $60 with GEICO to $144 with UAIC.
Ford Mustang owners should shop between insurers since minimum coverage varies by over $84 and full coverage by over $180. Each company calculates risk differently for the Ford Mustang, affecting your final quote.
| AAA | $99 | $206 |
| AIG | $126 | $311 |
| Allstate | $110 | $214 |
| Amica | $114 | $233 |
| Chubb | $122 | $240 |
| Farmers | $124 | $218 |
| Geico | $60 | $131 |
| Kemper | $87 | $177 |
| Nationwide | $101 | $175 |
| Progressive | $90 | $168 |
| State Farm | $87 | $181 |
| The Hartford | $100 | $171 |
| Travelers | $78 | $144 |
| UAIC | $144 | $179 |
Is Ford Mustang Expensive to Insure?
MoneyGeek's analysis of 115 sports cars reveals the Ford Mustang ranks 13th for affordability, meaning 12 vehicles cost less to insure. It's positioned just a few dollars per month pricier than a Porsche Boxster and slightly cheaper than an Alfa Romeo 4C. When determining whether it's expensive to insure, this middle-tier placement among sports cars shows it's reasonably priced within its category.
That's decent for sports cars, but sports cars cost more to insure overall. The Mustang ranks 350th out of 827 cars, which puts it in the top half for affordability across all models. The cheapest sports car to insure is the Mazda MX-5 Miata and the most expensive is the Rolls Royce La Rose Noire.
| Chrysler Crossfire | $122 | 10 |
| BMW Z3 | $125 | 11 |
| Porsche Boxster | $125 | 12 |
| Ford Mustang | $130 | 13 |
| Alfa Romeo 4C | $130 | 14 |
| Chevrolet SS | $134 | 15 |
| Scion FR-S | $138 | 16 |
What affects your Ford Mustang insurance costs:
- Average Repair or Replacement Costs: Mustang repairs average $975 yearly and rank as the 9th most expensive Ford out of 35 models. Repair costs aren't the lowest, but they're more reasonable than many performance vehicles.
- Vehicle Trim, Features and Accessories: Mustang horsepower ranges from 310 to 760 depending on trim level and directly impacts your premiums. High-performance variants like the Shelby GT500 and Mach 1 cost much more to insure because of their extreme power output.
- Driver Profile: Most Mustang drivers are between 25 and 40 years old with a median age around 30. The Mustang's performance reputation attracts risky driving that concerns insurers and leads to higher rates. Read more about Ford Mustang costs for young drivers.
Ford Mustang Costs by Model Year and Driver Age by Insurance Company
A 2016 Mustang costs $196 per month for full coverage for drivers aged 35 to 55 and a 2025 model jumps to $266 monthly. Your Mustang's model year and your age impact insurance costs, with newer vehicles costing more.
Teen and early-twenties drivers pay much more to insure any Mustang regardless of model year.
GEICO offers the lowest rates across all Ford Mustang model years and could save you hundreds monthly.
Older models (2016 to 2020):
Cost of Car Insurance for 2025 Ford Mustang
| Geico | $80 | $175 |
| National General | $104 | $213 |
| Kemper | $107 | $219 |
| Travelers | $110 | $204 |
| Progressive | $120 | $224 |
| State Farm | $126 | $264 |
| Nationwide | $141 | $244 |
| The Hartford | $141 | $240 |
| Allstate | $142 | $281 |
| AAA | $148 | $309 |
| UAIC | $160 | $201 |
| Farmers | $167 | $292 |
| Amica | $168 | $346 |
| Chubb | $169 | $339 |
| AIG | $176 | $445 |
2025 Ford Mustang Insurance Costs for 16- to 25-Year-Olds
Data filtered by:
Full Coverage
| State Farm | $992 | $873 | $771 | $667 | $589 | $500 | $454 | $406 | $371 | $327 |
| Geico | $993 | $725 | $610 | $443 | $381 | $308 | $284 | $235 | $222 | $201 |
| Nationwide | $1,108 | $1,014 | $933 | $792 | $669 | $433 | $402 | $375 | $355 | $318 |
| Travelers | $1,209 | $874 | $690 | $534 | $471 | $349 | $319 | $294 | $271 | $235 |
| Allstate | $1,287 | $1,016 | $827 | $615 | $552 | $433 | $393 | $373 | $353 | $311 |
| Progressive | $1,627 | $1,317 | $1,093 | $607 | $530 | $428 | $381 | $340 | $313 | $269 |
| Farmers | $1,782 | $1,319 | $1,177 | $746 | $707 | $540 | $479 | $459 | $436 | $367 |
Cost of Car Insurance for 2024 Ford Mustang
| Geico | $76 | $167 |
| National General | $99 | $202 |
| Kemper | $102 | $209 |
| Travelers | $105 | $194 |
| Progressive | $114 | $213 |
| State Farm | $119 | $250 |
| Nationwide | $134 | $232 |
| The Hartford | $134 | $228 |
| Allstate | $135 | $267 |
| AAA | $141 | $293 |
| UAIC | $152 | $191 |
| Farmers | $158 | $277 |
| Amica | $160 | $329 |
| Chubb | $160 | $322 |
| AIG | $168 | $422 |
2024 Ford Mustang Insurance Costs for 16- to 25-Year-Olds
Data filtered by:
Full Coverage
| Geico | $943 | $689 | $579 | $421 | $362 | $293 | $270 | $223 | $211 | $191 |
| State Farm | $943 | $829 | $733 | $634 | $559 | $475 | $432 | $385 | $352 | $310 |
| Nationwide | $1,052 | $964 | $887 | $753 | $636 | $412 | $382 | $357 | $337 | $302 |
| Travelers | $1,149 | $831 | $656 | $507 | $447 | $331 | $303 | $280 | $258 | $224 |
| Allstate | $1,223 | $966 | $786 | $585 | $525 | $411 | $374 | $354 | $335 | $296 |
| Progressive | $1,546 | $1,252 | $1,039 | $577 | $504 | $407 | $362 | $324 | $298 | $256 |
| Farmers | $1,693 | $1,253 | $1,119 | $709 | $672 | $513 | $455 | $436 | $414 | $349 |
Cost of Car Insurance for 2023 Ford Mustang
| Geico | $62 | $136 |
| National General | $81 | $165 |
| Kemper | $83 | $170 |
| Travelers | $86 | $158 |
| Progressive | $93 | $174 |
| State Farm | $97 | $204 |
| Nationwide | $109 | $189 |
| The Hartford | $109 | $186 |
| Allstate | $110 | $218 |
| AAA | $115 | $239 |
| UAIC | $124 | $156 |
| Farmers | $129 | $226 |
| Amica | $130 | $268 |
| Chubb | $131 | $263 |
| AIG | $137 | $345 |
2023 Ford Mustang Insurance Costs for 16- to 25-Year-Olds
Data filtered by:
Full Coverage
| Geico | $770 | $563 | $473 | $344 | $295 | $239 | $220 | $182 | $172 | $156 |
| State Farm | $770 | $677 | $598 | $517 | $457 | $388 | $352 | $315 | $288 | $253 |
| Nationwide | $859 | $787 | $724 | $614 | $519 | $336 | $312 | $291 | $275 | $246 |
| Travelers | $938 | $678 | $535 | $414 | $365 | $270 | $247 | $228 | $211 | $183 |
| Allstate | $999 | $788 | $642 | $477 | $428 | $336 | $305 | $289 | $274 | $241 |
| Progressive | $1,262 | $1,022 | $848 | $471 | $411 | $332 | $296 | $264 | $243 | $209 |
| Farmers | $1,382 | $1,023 | $913 | $579 | $548 | $419 | $371 | $356 | $338 | $284 |
Cost of Car Insurance for 2022 Ford Mustang
| Geico | $67 | $146 |
| National General | $87 | $178 |
| Kemper | $90 | $183 |
| Travelers | $92 | $170 |
| Progressive | $100 | $187 |
| State Farm | $105 | $220 |
| Nationwide | $117 | $204 |
| The Hartford | $117 | $200 |
| Allstate | $119 | $234 |
| AAA | $124 | $257 |
| UAIC | $133 | $167 |
| Farmers | $139 | $244 |
| Amica | $140 | $289 |
| Chubb | $141 | $283 |
| AIG | $147 | $371 |
2022 Ford Mustang Insurance Costs for 16- to 25-Year-Olds
Data filtered by:
Full Coverage
| Geico | $828 | $605 | $509 | $370 | $318 | $257 | $237 | $196 | $185 | $168 |
| State Farm | $828 | $728 | $644 | $557 | $491 | $417 | $379 | $338 | $309 | $273 |
| Nationwide | $924 | $846 | $778 | $661 | $559 | $362 | $335 | $313 | $296 | $265 |
| Travelers | $1,009 | $729 | $576 | $445 | $393 | $291 | $266 | $246 | $226 | $196 |
| Allstate | $1,074 | $848 | $690 | $514 | $461 | $361 | $328 | $311 | $295 | $260 |
| Progressive | $1,358 | $1,099 | $912 | $507 | $442 | $357 | $318 | $284 | $261 | $225 |
| Farmers | $1,487 | $1,101 | $982 | $623 | $590 | $451 | $399 | $383 | $364 | $306 |
Cost of Car Insurance for 2021 Ford Mustang
| Geico | $61 | $133 |
| National General | $79 | $162 |
| Kemper | $82 | $167 |
| Travelers | $84 | $155 |
| Progressive | $91 | $170 |
| State Farm | $96 | $201 |
| Nationwide | $107 | $186 |
| The Hartford | $107 | $183 |
| Allstate | $108 | $214 |
| AAA | $113 | $235 |
| UAIC | $122 | $153 |
| Farmers | $127 | $222 |
| Amica | $128 | $263 |
| Chubb | $128 | $258 |
| AIG | $134 | $338 |
2021 Ford Mustang Insurance Costs for 16- to 25-Year-Olds
Data filtered by:
Full Coverage
| State Farm | $755 | $664 | $587 | $508 | $448 | $381 | $346 | $309 | $282 | $249 |
| Geico | $756 | $552 | $464 | $337 | $290 | $234 | $216 | $179 | $169 | $153 |
| Nationwide | $843 | $772 | $710 | $603 | $509 | $330 | $306 | $286 | $270 | $242 |
| Travelers | $920 | $665 | $525 | $406 | $358 | $265 | $243 | $224 | $207 | $179 |
| Allstate | $980 | $773 | $630 | $468 | $420 | $329 | $299 | $284 | $269 | $237 |
| Progressive | $1,239 | $1,003 | $832 | $462 | $403 | $326 | $290 | $259 | $239 | $205 |
| Farmers | $1,356 | $1,004 | $896 | $568 | $538 | $411 | $364 | $349 | $332 | $279 |
Cost of Car Insurance for 2020 Ford Mustang
| Geico | $65 | $143 |
| National General | $84 | $173 |
| Kemper | $87 | $178 |
| Travelers | $90 | $166 |
| Progressive | $97 | $182 |
| State Farm | $102 | $214 |
| Nationwide | $114 | $198 |
| The Hartford | $114 | $195 |
| Allstate | $116 | $228 |
| AAA | $120 | $251 |
| UAIC | $130 | $163 |
| Farmers | $135 | $237 |
| Amica | $137 | $281 |
| Chubb | $137 | $275 |
| AIG | $143 | $361 |
2020 Ford Mustang Insurance Costs for 16- to 25-Year-Olds
Data filtered by:
Full Coverage
| Geico | $807 | $590 | $496 | $360 | $310 | $250 | $231 | $191 | $180 | $164 |
| State Farm | $807 | $709 | $627 | $542 | $479 | $407 | $369 | $330 | $302 | $266 |
| Nationwide | $900 | $824 | $758 | $644 | $544 | $352 | $327 | $305 | $288 | $258 |
| Travelers | $983 | $711 | $561 | $434 | $383 | $283 | $259 | $239 | $221 | $191 |
| Allstate | $1,046 | $826 | $672 | $500 | $449 | $352 | $320 | $303 | $287 | $253 |
| Progressive | $1,323 | $1,071 | $888 | $494 | $431 | $348 | $310 | $277 | $255 | $219 |
| Farmers | $1,448 | $1,072 | $957 | $607 | $575 | $439 | $389 | $373 | $354 | $298 |
Cost of Car Insurance for 2019 Ford Mustang
| Geico | $61 | $133 |
| National General | $70 | $144 |
| Travelers | $75 | $138 |
| State Farm | $84 | $174 |
| Progressive | $85 | $159 |
| Nationwide | $96 | $166 |
| AAA | $102 | $212 |
| The Hartford | $105 | $179 |
| Kemper | $106 | $217 |
| Amica | $108 | $222 |
| Allstate | $109 | $211 |
| Chubb | $125 | $248 |
| AIG | $129 | $324 |
| Farmers | $131 | $232 |
| UAIC | $143 | $180 |
2019 Ford Mustang Insurance Costs for 16- to 25-Year-Olds
Data filtered by:
Full Coverage
| State Farm | $655 | $576 | $510 | $440 | $389 | $330 | $300 | $268 | $245 | $216 |
| Geico | $753 | $549 | $461 | $335 | $288 | $233 | $215 | $178 | $168 | $153 |
| Nationwide | $754 | $691 | $636 | $539 | $456 | $295 | $274 | $255 | $241 | $216 |
| Travelers | $834 | $600 | $473 | $365 | $322 | $236 | $215 | $199 | $184 | $159 |
| Allstate | $1,007 | $790 | $637 | $470 | $421 | $328 | $298 | $281 | $265 | $235 |
| Progressive | $1,160 | $936 | $776 | $431 | $376 | $304 | $271 | $242 | $223 | $191 |
| Farmers | $1,446 | $1,071 | $953 | $592 | $559 | $425 | $379 | $362 | $344 | $290 |
Cost of Car Insurance for 2018 Ford Mustang
| Geico | $65 | $141 |
| National General | $74 | $151 |
| Travelers | $80 | $147 |
| State Farm | $92 | $192 |
| Progressive | $94 | $176 |
| Nationwide | $103 | $178 |
| Kemper | $105 | $213 |
| AAA | $107 | $222 |
| The Hartford | $110 | $187 |
| Allstate | $113 | $219 |
| Amica | $114 | $234 |
| Chubb | $131 | $260 |
| AIG | $135 | $339 |
| Farmers | $138 | $244 |
| UAIC | $148 | $186 |
2018 Ford Mustang Insurance Costs for 16- to 25-Year-Olds
Data filtered by:
Full Coverage
| State Farm | $724 | $637 | $564 | $487 | $430 | $365 | $332 | $296 | $271 | $238 |
| Geico | $799 | $583 | $489 | $355 | $306 | $247 | $228 | $188 | $178 | $162 |
| Nationwide | $806 | $739 | $680 | $577 | $487 | $316 | $293 | $273 | $258 | $231 |
| Travelers | $886 | $637 | $502 | $387 | $341 | $252 | $230 | $212 | $196 | $170 |
| Allstate | $1,036 | $813 | $656 | $485 | $435 | $339 | $308 | $291 | $275 | $243 |
| Progressive | $1,286 | $1,038 | $861 | $479 | $418 | $337 | $300 | $268 | $247 | $212 |
| Farmers | $1,516 | $1,122 | $999 | $622 | $587 | $446 | $398 | $380 | $361 | $304 |
Cost of Car Insurance for 2017 Ford Mustang
| Geico | $58 | $126 |
| National General | $72 | $148 |
| Travelers | $82 | $152 |
| State Farm | $85 | $177 |
| Progressive | $91 | $171 |
| Nationwide | $98 | $170 |
| Kemper | $99 | $201 |
| The Hartford | $102 | $173 |
| AAA | $104 | $216 |
| Amica | $112 | $229 |
| Allstate | $116 | $225 |
| Chubb | $128 | $255 |
| AIG | $132 | $333 |
| UAIC | $136 | $170 |
| Farmers | $140 | $248 |
2017 Ford Mustang Insurance Costs for 16- to 25-Year-Olds
Data filtered by:
Full Coverage
| State Farm | $766 | $674 | $596 | $515 | $454 | $386 | $351 | $313 | $286 | $252 |
| Geico | $830 | $606 | $509 | $369 | $318 | $257 | $237 | $196 | $185 | $168 |
| Nationwide | $840 | $770 | $708 | $601 | $508 | $329 | $305 | $285 | $269 | $241 |
| Travelers | $947 | $681 | $537 | $414 | $364 | $270 | $246 | $227 | $210 | $182 |
| Allstate | $1,062 | $834 | $674 | $498 | $447 | $349 | $317 | $299 | $283 | $250 |
| Progressive | $1,396 | $1,128 | $936 | $520 | $454 | $366 | $326 | $291 | $268 | $230 |
| Farmers | $1,586 | $1,172 | $1,044 | $649 | $612 | $465 | $415 | $396 | $377 | $317 |
Cost of Car Insurance for 2016 Ford Mustang
| Geico | $118 | $256 |
| National General | $121 | $247 |
| State Farm | $170 | $353 |
| Kemper | $178 | $356 |
| Travelers | $180 | $331 |
| The Hartford | $184 | $313 |
| Amica | $187 | $383 |
| AAA | $188 | $389 |
| Allstate | $202 | $389 |
| Chubb | $210 | $412 |
| Progressive | $212 | $398 |
| AIG | $230 | $565 |
| Farmers | $247 | $437 |
| Nationwide | $260 | $448 |
| UAIC | $273 | $339 |
2016 Ford Mustang Insurance Costs for 16- to 25-Year-Olds
Data filtered by:
Full Coverage
| State Farm | $685 | $603 | $533 | $461 | $406 | $345 | $314 | $280 | $256 | $225 |
| Geico | $743 | $542 | $455 | $330 | $284 | $230 | $212 | $175 | $166 | $150 |
| Nationwide | $768 | $704 | $648 | $550 | $464 | $301 | $279 | $260 | $246 | $220 |
| Travelers | $864 | $620 | $489 | $376 | $332 | $245 | $223 | $206 | $190 | $165 |
| Allstate | $998 | $782 | $630 | $465 | $417 | $325 | $295 | $279 | $263 | $232 |
| Progressive | $1,176 | $949 | $787 | $438 | $382 | $308 | $275 | $245 | $226 | $194 |
| Farmers | $1,468 | $1,086 | $967 | $599 | $566 | $429 | $383 | $366 | $348 | $293 |
Ford Mustang Insurance Cost by Trim
Ford Mustang insurance costs range dramatically from $63 monthly for minimum coverage on basic Coupe 2d models to $403 for full coverage on high-performance Cobra Svt Coupe 2d variants. Performance features, rarity, and market value determine where your specific trim falls within this wide cost spectrum.
| Coupe 2d | $63 | $121 |
| Deluxe Coupe 2d | $67 | $130 |
| Deluxe Convertible 2d | $68 | $131 |
| Premium Convertible 2d | $71 | $137 |
| Premium Coupe 2d | $71 | $137 |
| Ecoboost Convertible 2d | $75 | $145 |
| Convertible 2d | $75 | $144 |
| Ecoboost Coupe 2d | $79 | $154 |
| Ecoboost Premium Coupe 2d | $79 | $155 |
| Ecoboost Premium Convertible 2d | $80 | $156 |
| Boss 302 Coupe 2d | $81 | $157 |
| Shelby Gt500kr Coupe 2d | $81 | $157 |
| Gt Coupe 2d | $83 | $161 |
| Ecoboost | $83 | $163 |
| Gt 50 Years Limited Edition Coupe 2d | $84 | $162 |
| Shelby Gt500 Convertible 2d | $84 | $164 |
| Shelby Gt500kr Cobra Coupe 2d | $84 | $164 |
| Gt Deluxe Convertible 2d | $85 | $164 |
| Gt Deluxe Coupe 2d | $85 | $165 |
| V6 Convertible 2d | $87 | $169 |
| V6 Coupe 2d | $87 | $169 |
| Gt Premium Convertible 2d | $88 | $170 |
| Gt Premium Coupe 2d | $88 | $171 |
| Shelby Gt500 Cobra Coupe 2d | $90 | $174 |
| V6 Premium Coupe 2d | $90 | $175 |
| Gt Convertible 2d | $92 | $179 |
| V6 Premium Convertible 2d | $93 | $180 |
| Shelby Gt500 Cobra Convertible 2d | $93 | $180 |
| Bullitt Coupe 2d | $95 | $186 |
| Ecoboost Premium | $96 | $188 |
| Shelby Gt350 Coupe 2d | $109 | $213 |
| Shelby Gt350r Coupe 2d | $114 | $224 |
| Gt | $116 | $227 |
| Mach 1 Coupe 2d | $119 | $233 |
| Shelby Gt500 Coupe 2d | $122 | $238 |
| Gt Bullitt Coupe 2d | $124 | $239 |
| Gt Premium | $127 | $249 |
| Mach 1 Premium Coupe 2d | $135 | $260 |
| Cobra Convertible 2d | $143 | $275 |
| Dark Horse | $164 | $321 |
| Cobra Svt Convertible 2d | $169 | $324 |
| Cobra Coupe 2d | $178 | $343 |
| Cobra Svt Coupe 2d | $209 | $403 |
Ford Mustang Insurance Cost by State
Ford Mustang insurance costs range dramatically from just $32 monthly in Wyoming to $182 in Louisiana for minimum coverage. Your state's risk factors and insurance regulations create these differences, not anything about the Mustang itself.
| Alabama | $79 | $149 |
| Alaska | $65 | $138 |
| Arizona | $104 | $195 |
| Arkansas | $71 | $160 |
| California | $86 | $174 |
| Colorado | $84 | $202 |
| Connecticut | $122 | $209 |
| Delaware | $122 | $205 |
| Florida | $112 | $259 |
| Georgia | $136 | $222 |
| Hawaii | $49 | $110 |
| Idaho | $48 | $97 |
| Illinois | $80 | $150 |
| Indiana | $56 | $109 |
| Iowa | $48 | $116 |
| Kansas | $62 | $146 |
| Kentucky | $107 | $183 |
| Louisiana | $182 | $390 |
| Maine | $46 | $96 |
| Maryland | $136 | $229 |
| Massachusetts | $89 | $190 |
| Michigan | $139 | $267 |
| Minnesota | $73 | $152 |
| Mississippi | $82 | $160 |
| Missouri | $102 | $203 |
| Montana | $61 | $146 |
| Nebraska | $61 | $140 |
| Nevada | $150 | $273 |
| New Hampshire | $63 | $112 |
| New Jersey | $142 | $233 |
| New Mexico | $71 | $158 |
| New York | $107 | $191 |
| North Carolina | $72 | $142 |
| North Dakota | $52 | $113 |
| Ohio | $66 | $128 |
| Oklahoma | $80 | $178 |
| Oregon | $105 | $182 |
| Pennsylvania | $76 | $179 |
| Rhode Island | $109 | $194 |
| South Carolina | $90 | $168 |
| South Dakota | $47 | $145 |
| Tennessee | $68 | $138 |
| Texas | $110 | $225 |
| Utah | $94 | $159 |
| Vermont | $41 | $98 |
| Virginia | $82 | $134 |
| Washington | $79 | $148 |
| West Virginia | $76 | $155 |
| Wisconsin | $57 | $125 |
| Wyoming | $32 | $101 |
How to Lower the Cost of Ford Mustang Insurance
We've compiled proven strategies to help you find affordable Ford Mustang insurance rates:
- 1Choose the right coverage
Figure out how much coverage to buy for your Mustang based on ownership status. Own it outright? Get state minimum liability plus comprehensive and collision with a $1,000 deductible to lower premiums.
Want more protection? Get 100/300/100 liability with comprehensive and collision at a $500 deductible. Financing or leasing means you need 100/300/100 limits, comprehensive and collision with a $500 deductible and gap insurance.
- 2Research costs and cheap companies
Learn what you should pay by researching average auto insurance costs for performance vehicles like your Mustang. This benchmark helps you find the cheapest car insurance companies with competitive rates. Know typical sports car costs and you can spot affordable options versus overpriced policies.
- 3Look for more than just low rates
Pick reliable car insurance by evaluating insurers beyond their quotes. Check J.D. Power satisfaction ratings, look at forum discussions about claims processing, review Better Business Bureau complaints and confirm AM Best financial stability ratings. Budget insurers might have limited coverage options or slower customer service when you need help most.
- 4Explore discounts you qualify for
Find car insurance discounts for your situation and driving profile. Mustang owners often qualify for good driver discounts, safety feature discounts for modern safety technology, anti-theft device discounts and bundling savings when you combine auto and home policies. These discounts can cut your annual premiums substantially.
- 5Consider alternative car insurance types
Mustang owners can benefit from usage-based insurance programs that track driving behavior. Options like Progressive Snapshot or Allstate Drivewise monitor safe driving habits, mileage and braking patterns and give you premium reductions. These telematics programs work best for careful drivers who want to prove they're low-risk.
- 6Check rates every year
Get car insurance quotes from multiple companies every year to keep pricing competitive. Your current insurer won't tell you when competitors drop rates, so yearly comparisons can save you up to 24% on Mustang coverage. Market conditions change often and regular shopping keeps your premiums low.
Ford Mustang Insurance Cost: Bottom Line
Mustang insurance costs run average, but you can get decent rates. Shop multiple insurers, claim available discounts and adjust your coverage choices to find affordable pricing.
Ford Mustang Insurance Rates: FAQ
What is the average cost of car insurance for a Ford Mustang?
Ford Mustang insurance costs $1,059 annually for state minimum coverage and $2,054 for full coverage. This averages to $88 monthly for minimum and $171 monthly for comprehensive protection.
What company has the cheapest car insurance for a Ford Mustang?
Geico provides the most affordable minimum coverage for a Ford Mustang at $724 annually. The insurer also delivers the best value for full coverage at $1,570 per year.
Are Ford Mustangs expensive to insure?
No, Ford Mustang insurance is not more expensive than most vehicles. The Mustang places 350th out of 827 models for affordability, while ranking 13th among 115 sports cars for insurance costs.
What factors affect insurance costs for Ford Mustangs?
Your driving record and credit score impact Mustang insurance rates substantially, along with your coverage selections. The Mustang's performance capabilities and repair costs for specialized parts also affect pricing, which makes it important to compare quotes from multiple insurers.
How can I lower Ford Mustang insurance costs?
Compare quotes from several insurers since Ford Mustang pricing differs significantly between companies, and explore usage-based programs that monitor safe driving. Claim available discounts, bundle policies and keep your driving record clean to secure better rates.
How We Determined Ford Mustang Insurance Costs
We studied hundreds of millions of quote estimates across all U.S. models sold from 2000 to 2025 to determine the most accurate Ford Mustang insurance costs.
Who We Based These Rates On
These Ford Mustang prices reflect what a typical driver pays:
- Age 40, unmarried male
- Clean record: no tickets or crashes
- Credit score in a good range
- Has never made an insurance claim
- Puts about 12,000 miles on the odometer yearly
- Has a valid driver's license with no suspensions on record
Coverage Definitions
- Minimum coverage: State-required liability limits
- Full coverage: 100/300/100 liability + comprehensive/collision with $1,000 deductibles
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. He has analyzed the insurance market for over five years, conducting original research for insurance shoppers. His insights have been featured in CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
He writes about economics and insurance, breaking down complex topics so people know what they're buying.