Ford Mustang insurance costs average $88 monthly for minimum coverage and $171 for full coverage. But depending on your particular trim and model year, costs can range from $39 for a 2000 Ford Mustang to $424 for a 2022 Ford Mustang monthly.
Ford Mustang Insurance Cost
Updated: September 24, 2025
Key Takeaways
Ford Mustang insurance costs start at $89 monthly for minimum coverage but can reach $424 for high-performance models like the 2022 Shelby GT500.
The Ford Mustang ranks 350th for insurance affordability among 827 vehicle models sold in the US market between 2000 and 2025.
GEICO offers the most affordable full coverage at $131 monthly, while minimum coverage starts at just $60 per month.
How Much Is Ford Mustang Insurance?
| Ford Mustang | $88 | $171 |
Ford Mustang Insurance Cost by Model Year
Your Ford Mustang's model year and trim level directly impact insurance rates. Newer models cost more due to higher fair market values. Monthly premiums vary widely across model years, ranging from as little as $58 for older Mustangs to $235 for the newest models.
| 2025 | $120 | $235 |
| 2024 | $114 | $224 |
| 2023 | $93 | $183 |
| 2022 | $100 | $196 |
| 2021 | $92 | $179 |
| 2020 | $98 | $191 |
| 2019 | $88 | $172 |
| 2018 | $94 | $183 |
| 2017 | $98 | $191 |
| 2016 | $89 | $173 |
| 2015 | $77 | $150 |
| 2014 | $94 | $183 |
| 2013 | $91 | $176 |
| 2012 | $88 | $170 |
| 2011 | $82 | $159 |
| 2010 | $80 | $154 |
| 2009 | $85 | $165 |
| 2008 | $84 | $163 |
| 2007 | $82 | $158 |
| 2006 | $79 | $153 |
| 2005 | $82 | $159 |
| 2004 | $99 | $190 |
| 2003 | $92 | $178 |
| 2002 | $62 | $120 |
| 2001 | $79 | $153 |
| 2000 | $58 | $111 |
Ford Mustang Insurance Cost by Trim
Ford Mustang insurance rates vary widely by trim level. Features, rarity and market value all influence your premium. Monthly costs range from $63 for basic trims to $403 for high-performance models like the Cobra SVT, based on our research.
| 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 |
Compare Personalized Ford Mustang Insurance Costs
We've broken down Ford Mustang insurance costs by model year and trim for more accurate estimates.
Data filtered by:Results filtered by:
2000
Model Year:2000
Coupe 2d
Trim:Coupe 2d
| Coupe 2d | $39 | $75 |
Ford Mustang Insurance Cost by Company
Ford Mustang insurance costs vary by provider from $96 to $218 monthly. Minimum coverage ranges from $60 to $144, while full coverage costs $131 to $311. Rates vary due to different risk assessment models.
| 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 |
Ford Mustang Insurance Cost by State
Ford Mustang car insurance costs vary dramatically by location, ranging from $32 monthly in Wyoming to $390 in Louisiana.
| 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 |
Ford Mustang Insurance Cost by Driver Profile
Your driving profile, especially age and driving record, dramatically impacts Ford Mustang insurance costs. Young drivers under 25 face rates as high as $328 monthly, while adult drivers between 26-64 with clean records pay as low as $130 per month.
| Adult Drivers | $88 | $171 |
| Young Drivers | $225 | $432 |
| Senior Drivers | $118 | $216 |
| Drivers With a Speeding Ticket | $110 | $215 |
| Drivers With an Accident | $130 | $250 |
| Drivers With a DUI | $163 | $311 |
| Drivers With Bad Credit | $212 | $426 |
Is a Ford Mustang Expensive to Insure?
You might be concerned about Mustang insurance costs given the vehicle's sports car status. Compared to the rest of the models on the U.S. market, a Ford Mustang ranks 350th out of 827, placing it around the middle of the pack for car insurance. Among sports cars, the model ranks on the affordable side, placing 14th out of 59.
| Mazda MX-5 Miata | $71 | $137 |
| Saturn Sky | $74 | $143 |
| Honda S2000 | $74 | $144 |
| Pontiac Firebird | $76 | $146 |
| Toyota Celica | $76 | $146 |
| Mazda RX-8 | $78 | $150 |
| Ford Thunderbird | $79 | $154 |
| Nissan 350Z | $82 | $158 |
| Pontiac Solstice | $82 | $159 |
| Chrysler Crossfire | $83 | $161 |
| Bmw Z3 | $85 | $165 |
| Porsche Boxster | $85 | $165 |
| Alfa Romeo 4C | $88 | $172 |
| Ford Mustang | $88 | $171 |
| Chevrolet SS | $91 | $177 |
| Scion FR-S | $94 | $181 |
| Cadillac XLR | $96 | $186 |
| Porsche Cayman | $96 | $186 |
| Chevrolet Camaro | $97 | $189 |
| Bmw Z4 | $98 | $190 |
| Fisker Karma | $98 | $190 |
| Nissan 370Z | $99 | $191 |
| Mercedes SLC | $102 | $199 |
| Toyota 86 | $103 | $199 |
| Toyota Supra | $104 | $203 |
| Chevrolet Corvette | $104 | $202 |
| Tesla Roadster | $107 | $208 |
| Mercedes SLK-Class | $111 | $214 |
| Subaru BRZ | $112 | $215 |
| Jaguar F-Type | $111 | $218 |
| Toyota GR86 | $112 | $217 |
| Bmw Z4 M | $113 | $222 |
| Bmw M6 | $117 | $230 |
| Mercedes SL | $119 | $233 |
| Karma Revero | $120 | $235 |
| Lexus LC | $120 | $235 |
| Bmw M2 | $124 | $242 |
| Dodge Viper | $130 | $253 |
| Nissan GT-R | $132 | $258 |
| Acura NSX | $132 | $259 |
| Mercedes CLE | $133 | $261 |
| Nissan Z | $136 | $267 |
| Bentley Continental | $136 | $268 |
| Porsche 718 | $138 | $271 |
| Dodge Charger | $141 | $272 |
| Audi R8 | $143 | $280 |
| Porsche Panamera | $146 | $287 |
| Bmw M4 | $150 | $294 |
| Porsche 911 | $151 | $297 |
| Bmw 8-series | $155 | $306 |
| Mercedes SLS-Class | $158 | $314 |
| Maserati Gran Turismo | $161 | $318 |
| Bmw i8 | $169 | $335 |
| Fiat 124 Spider | $182 | $353 |
| Dodge Challenger | $191 | $371 |
| Porsche Taycan | $231 | $454 |
| Karma Gysera | $284 | $556 |
| Karma Invictus | $300 | $588 |
| Karma Kaveya | $486 | $954 |
Factors That Affect Mustang Car Insurance Costs
Several factors affect what you'll pay for Ford Mustang insurance coverage:
- Age (under 25): Younger drivers face much higher premiums due to inexperience and higher accident risk.
- Driving record: Clean records help reduce costs, while violations or at-fault accidents raise rates .
- Gender: Male drivers often pay more, especially for high-performance trims, due to higher-risk driving behavior.
- Vehicle use: Higher annual mileage, commuting in traffic, or performance driving can increase premiums.
Average Repair or Replacement Costs
Ford ranks 11th in repair affordability among 59 U.S. automakers with median annual costs of $748. Ford Mustang repair costs average $975 annually, making it one of Ford's most expensive models to repair while still contributing to higher insurance premiums.
Vehicle Trim, Features and Accessories
The Ford Mustang is offered in trims such as EcoBoost, EcoBoost Premium, GT, GT Premium and the performance-focused Dark Horse.
Lower trims feature a turbocharged four-cylinder engine, cloth interiors, and basic infotainment, while higher trims add premium seating, advanced driver-assist features, and more powerful V8 engines. Performance models like the GT and Dark Horse cost more to insure due to their higher horsepower and specialized parts.
Fuel Type
All Mustangs run on gasoline. EcoBoost trims use a turbocharged four-cylinder engine designed for efficiency, while GT and Dark Horse models use naturally aspirated or tuned V8 engines that require more fuel and come with higher operating costs.
Location
Insurance costs for the Mustang vary by location. Urban drivers generally pay higher premiums due to theft and accident risks, while suburban or rural owners may pay less. Repair costs can also increase in areas where performance parts or specialized labor are harder to find.
Driver Profile
Driver demographics play a big role in Mustang insurance rates:
Cheapest Ford Mustang Insurance Companies
GEICO offers the most affordable Mustang insurance with full coverage premiums averaging $131 monthly. For drivers seeking basic protection, GEICO also provides the cheapest minimum coverage at $60 per month for Mustang owners.
| GEICO | $60 | $131 |
| Travelers | $78 | $144 |
| Progressive | $90 | $168 |
| Kemper | $87 | $177 |
| State Farm | $87 | $181 |
Cheapest Ford Mustang Insurance by State
We found the top three cheapest Ford Mustang insurance providers in most states:
- GEICO: Most affordable in 16 states
- Travelers: Most affordable in seven states
- Auto-Owners: Most affordable in six states
You can filter below to see which company offers the most affordable auto insurance rates for your Ford Mustang.
Data filtered by:Results filtered by:
Alabama
State:Alabama
| Alabama | Cincinnati Insurance | $42 |
How to Get the Best Cheap Ford Mustang Insurance
Below we outline the smartest ways to secure affordable Ford Mustang insurance:
- 1
Choose the right coverage
Three things matter when choosing how much coverage to buy: what your Ford's worth, how much you drive and what you can afford to spend:
Tight budget (you own the car):
- Your state's minimum liability requirements
- Add comprehensive and collision with a $1,000 deductible
Want better protection (you own the car):
- 100/300/100 liability coverage
- Comprehensive and collision with a $500 deductible
Financing or leasing:
- 100/300/100 liability coverage
- Comprehensive and collision with a $500 deductible
- Gap insurance (most lenders require this)
*Coverage Limits Explained (100/300/100):
- $100,000 bodily injury per person
- $300,000 bodily injury per accident
- $100,000 property damage coverage
- 2
Research costs and cheap companies
Researching average auto insurance costs for your car will give you an idea of how much you're saving currently and with another provider. The cheapest car insurance companies will then be easier to find.
- 3
Look for more than just low rates
To get the most balanced car insurance for your Ford Mustang, check forum reviews, J.D. Power customer satisfaction scores, Better Business Bureau complaint records and AM Best financial strength ratings while comparing coverage limits and deductibles.
- 4
Explore discounts you qualify for
Finding car insurance discounts you’ll likely qualify for will help you get the cheapest rate possible. The five discounts below are the most likely we found that Ford Mustang owners will qualify for:
- Multi-Car/Multi-Vehicle Discount (10% to 25% savings): Mustang owners often keep another car for daily driving, so insuring multiple vehicles under the same policy can unlock strong multi-car discounts.
- Bundling/Multi-Policy Discount (5% to 25% savings): Many Mustang drivers also have renters or homeowners insurance. Bundling policies with the same insurer can lead to substantial premium savings.
- Good Driver/Safe Driver Discount (5% to 20% savings): While Mustangs are performance-oriented cars, owners with clean driving records can still qualify for safe-driver discounts, though insurers may weigh risk more heavily than with sedans.
- Safety Features/Advanced Safety Discount (5% to 15% savings): Newer Mustangs include features like airbags, anti-lock brakes, and stability control, making them eligible for modest safety-related discounts.
- Low Mileage/Usage-Based Discount (5% to 30% savings): Many Mustang owners treat their car as a weekend or seasonal vehicle rather than a daily commuter, which can result in big savings for low annual mileage or telematics-based programs.
- 5
Consider alternative car insurance types
Ford Mustang owners should consider Ford Insurance (where available) for vehicle-specific coverage and competitive rates, or usage-based insurance or programs like Progressive Snapshot that reward safe driving habits with lower premiums.
- 6
Check rates every year
Comparing car insurance quotes from multiple sources can cut your Ford Mustang insurance by up to 24%. Your best deal today might not exist next year, so make comparing rates an annual habit.
Ford Mustang Insurance Cost: Bottom Line
Insuring a Ford Mustang costs more than average, but you can still find decent rates. Shop multiple companies, look into discounts and consider different coverage options to get the best insurance rate for your car.
Ford Mustang Insurance Rates: FAQ
Here are answers to common questions about insuring a Ford Mustang.
What is the average cost of car insurance for a Ford Mustang?
The Ford Mustang's average annual insurance cost is $1,059 for minimum coverage and $2,054 for full coverage.
What company has the cheapest car insurance for a Ford Mustang?
GEICO offers the most affordable Mustang insurance with full coverage premiums averaging $131 monthly. For drivers seeking basic protection, GEICO also provides the cheapest minimum coverage at $60 per month for Mustang owners.
Are Ford Mustangs expensive to insure?
Mustangs cost about average for car insurance. Out of 827 vehicles we track, the model ranks 350th for affordability. It is a more affordable sports car to insure, placing 14th out of 59 similar models.
What factors affect insurance costs for Ford Mustangs?
Several things drive up your Ford Mustang rates. Repairs cost more because of specialized parts and the steel body. Your driving record and credit score, plus the coverage you pick, play a big role. Where you live affects rates, too.
How can I lower Ford Mustang insurance costs?
Shop around with multiple insurers as rates vary for Fords, and consider usage-based insurance programs that track your driving habits. Take advantage of Ford's safety features when discussing discounts, bundle with other policies and maintain a clean driving record to qualify for the lowest premiums.
How We Determined Ford Mustang Insurance Costs
We studied hundreds of millions of quote estimates across all U.S. models sold in the U.S. from 2000 to 2025 to get you 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. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like 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!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.