Best Ford Mustang Car Insurance in 2024
Ford Mustang car insurance will cost $139 per month ($1,666 per year) on average. Comprehensive, collision, and liability insurance costs around $406, $592, and $470, respectively. Rates are especially high for younger drivers; for example, Ford Mustang rates for a 19-year-old are $507.41/month.
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Brandon Frady has been a licensed insurance agent and insurance office manager since 2018. He has experience in ventures from retail to finance, working positions from cashier to management, but it wasn’t until Brandon started working in the insurance industry that he truly felt at home in his career. In his day-to-day interactions, he aims to live out his business philosophy in how he treats hi...
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UPDATED: Aug 1, 2024
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Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from top car companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
UPDATED: Aug 1, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance company and cannot guarantee quotes from any single company.
Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from top car companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
- Ford Mustang full coverage car insurance around $1,666 a year or $139 each month
- A liability-only car insurance policy for a Ford Mustang costs around $668 a year or $56 each month
- Ford Mustang insurance costs around $147 more per year than the average vehicle
Ford Mustang car insurance rates cost an average of $1,666 per year, or $139 each month. A few determining factors that make up median Ford Mustang insurance rates include the model year of the car and its safety ratings.
We’ve compiled this helpful article to give you a full understanding of Ford Mustang rates so you can learn a few money-saving tips when you begin comparing quotes to find cheap car insurance.
You can start comparing affordable Ford Mustang car insurance quotes from some of the best car insurance companies by using our free online tool now.
How much are Ford Mustang car insurance rates?
How much is insurance for a Mustang? Mustang insurance rates average around $1,666 a year or $139 a month.
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Is Ford Mustang car insurance expensive?
The chart below details how Ford Mustang insurance rates compare to other sports cars like the Jaguar F-TYPE, Porsche 718 Boxster, and Chevrolet Camaro.
| Vehicle | Comprehensive | Collision | Liability | Total |
| Ford Mustang | $348 | $718 | $420 | $1,666 |
| Jaguar F-TYPE | $508 | $1102 | $398 | $2,166 |
| Porsche 718 Boxster | $444 | $952 | $338 | $1,870 |
| Chevrolet Camaro | $348 | $594 | $372 | $1,472 |
| Cadillac ATS-V | $406 | $834 | $398 | $1,796 |
| Audi TT RS | $420 | $774 | $338 | $1,668 |
| Audi R8 | $594 | $1338 | $398 | $2,488 |
However, there are a few things you can do to find the cheapest Ford insurance rates online.
Read more: Compare Ford vs. Chevrolet Car Insurance Rates
What are ways to save on Ford Mustang car insurance?
If you want to reduce the cost of your Ford Mustang insurance rates, follow these tips below:
- Compare Apples to Apples When Comparing Ford Mustang Insurance Quotes and Policies
- Re-Check Ford Mustang Quotes Every 6 Months
- Ask About Loyalty Discounts
- Understand the Different Types of Auto Insurance for Your Ford Mustang
- Buy a Ford Mustang with an Anti-Theft Device
What are the best Ford Mustang car insurance companies?
Several insurance companies offer competitive rates for the Ford Mustang based on factors like discounts for safety features. Take a look at these top car insurance companies that are popular with Ford Mustang drivers organized by market share.
| Rank | Company | Volume | Market Share |
| 1 | State Farm | $65,615,190 | 9.3% |
| 2 | Geico | $46,106,971 | 6.6% |
| 3 | Progressive | $39,222,879 | 5.6% |
| 4 | Liberty Mutual | $35,600,051 | 5.1% |
| 5 | Allstate | $35,025,903 | 5.0% |
| 6 | Travelers | $28,016,966 | 4.0% |
| 7 | USAA | $23,483,080 | 3.3% |
| 8 | Chubb | $23,388,385 | 3.3% |
| 9 | Farmers | $20,643,559 | 2.9% |
| 10 | Nationwide | $18,442,145 | 2.6% |
| Source: National Highway Traffic Safety Administration | |||
You can start comparing quotes for Ford Mustang auto insurance rates from some of the best auto insurance companies by using our free online tool now.
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What factors affect Ford Mustang car insurance rates?
The Ford Mustang trim and model you choose can impact the total price you will pay for Ford Mustang insurance coverage.
Age of the Vehicle
Older Ford Mustang models generally cost less to insure. For example, auto insurance for a 2020 Ford Mustang costs $1,666, while 2010 Ford Mustang insurance costs are $1,346, a difference of $320.
| Model Year | Comprehensive | Collision | Liability | Total |
| 2020 Ford Mustang | $348 | $718 | $420 | $1,666 |
| 2019 Ford Mustang | $332 | $690 | $440 | $1,642 |
| 2018 Ford Mustang | $320 | $686 | $450 | $1,636 |
| 2017 Ford Mustang | $308 | $668 | $470 | $1,626 |
| 2016 Ford Mustang | $298 | $640 | $486 | $1,604 |
| 2015 Ford Mustang | $282 | $618 | $500 | $1,580 |
| 2014 Ford Mustang | $270 | $574 | $510 | $1,534 |
| 2013 Ford Mustang | $260 | $540 | $514 | $1,494 |
| 2012 Ford Mustang | $248 | $484 | $520 | $1,432 |
| 2011 Ford Mustang | $232 | $446 | $520 | $1,378 |
| 2010 Ford Mustang | $224 | $418 | $524 | $1,346 |
Driver Age
Driver age can have a significant effect on the cost of Ford Mustang car insurance. For example, a 20-year-old driver could pay around $170 more each month for their Ford Mustang car insurance than a 30-year-old driver.
Driver Location
Where you live can have a large impact on Ford Mustang insurance rates. For example, drivers in New York may pay $1,016 a year more than drivers in Seattle.
Your Driving Record
Your driving record can have an impact on the cost of Ford Mustang auto insurance. Teens and drivers in their 20’s with violations on their record see the highest jump in their Ford Mustang auto insurance rates.
Are Ford Mustangs safe?
The Ford Mustang’s safety ratings will affect your Ford Mustang car insurance rates.
What are the Ford Mustang safety ratings?
| Test Type | Rating |
| Small overlap front: driver-side | Acceptable |
|---|---|
| Small overlap front: passenger-side | Not Tested |
| Moderate overlap front | Good |
| Side | Good |
| Roof strength | Good |
| Head restraints and seats | Good |
| Source: Insurance Institute for Highway Safety | |
What are the Ford Mustang crash test ratings?
Ford Mustang crash test ratings will affect your Ford Mustang car insurance rates.
| Vehicle Tested | Overall | Frontal | Side | Rollover |
| 2020 Ford Mustang GT350R 2 DR RWD | 5 stars | 5 stars | 5 stars | 5 stars |
| 2020 Ford Mustang C RWD | N/R | N/R | N/R | 5 stars |
| 2020 Ford Mustang 2 DR RWD | 5 stars | 5 stars | 5 stars | 5 stars |
| 2019 Ford Mustang GT350R 2 DR RWD | 5 stars | 5 stars | 5 stars | 5 stars |
| 2019 Ford Mustang C RWD | N/R | N/R | N/R | 5 stars |
| 2019 Ford Mustang 2 DR RWD | 5 stars | 5 stars | 5 stars | 5 stars |
| 2018 Ford Mustang GT350R 2 DR RWD | 5 stars | 5 stars | 5 stars | 5 stars |
| 2018 Ford Mustang C RWD | N/R | N/R | N/R | 5 stars |
| 2018 Ford Mustang 2 DR RWD | 5 stars | 5 stars | 5 stars | 5 stars |
| 2017 Ford Mustang C RWD | N/R | N/R | N/R | 5 stars |
| 2017 Ford Mustang 2 DR RWD | 5 stars | 5 stars | 5 stars | 5 stars |
| 2016 Ford Mustang C RWD | N/R | N/R | N/R | 5 stars |
| 2016 Ford Mustang 2 DR RWD | 5 stars | 5 stars | 5 stars | 5 stars |
| 1-5 Star Rating Scale, N/R = No Rating | Source: National Highway Traffic Safety Administration | ||||
|---|---|---|---|---|
What are the Ford Mustang safety features?
The Ford Mustang safety features can help lower insurance costs. According to AutoBlog, the 2020 Ford Mustang has the following safety features:
- Driver Air Bag
- Passenger Air Bag
- Front Head Air Bag
- Rear Head Air Bag
- Front Side Air Bag
- 4-Wheel ABS
- 4-Wheel Disc Brakes
- Brake Assist
- Electronic Stability Control
- Daytime Running Lights
- Traction Control
- Lane Departure Warning
- Lane Keeping Assist
What is the Ford Mustang car insurance loss probability?
Review the Ford Mustang car insurance loss probability rates for collision, property damage, comprehensive, PIP, MedPay, and bodily injury.
| Insurance Coverage Category | Loss Rate |
| Collision | 75% |
|---|---|
| Property Damage | -20% |
| Comprehensive | 31% |
| Personal Injury | 9% |
| Medical Payment | 36% |
| Bodily Injury | 17% |
| Source: Insurance Institute for Highway Safety | |
The lower percentage means lower Ford Mustang auto insurance costs; higher percentages mean higher Ford Mustang auto insurance costs.
Frequently Asked Questions
How much are Ford Mustang car insurance rates?
Ford Mustang car insurance rates average around $1,666 per year or $139 per month.
Is Ford Mustang car insurance expensive?
Ford Mustang car insurance rates can be high compared to other sports cars, but there are ways to find cheaper insurance rates.
What are ways to save on Ford Mustang car insurance?
To reduce the cost of Ford Mustang insurance rates, you can consider these tips:
- Compare quotes from different insurance companies.
- Take advantage of discounts for safety features.
- Maintain a clean driving record.
Are Ford Mustangs safe?
The safety ratings of the Ford Mustang can impact insurance rates. The 2020 model comes with various safety features.
How does what I drive affect my car insurance costs?
The type of car you drive, including the year, model, and value, can influence your car insurance costs.
Free Car Insurance Comparison
Enter your ZIP code below to view companies that have cheap car insurance rates.
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Brandon Frady
Licensed Insurance Agent
Brandon Frady has been a licensed insurance agent and insurance office manager since 2018. He has experience in ventures from retail to finance, working positions from cashier to management, but it wasn’t until Brandon started working in the insurance industry that he truly felt at home in his career. In his day-to-day interactions, he aims to live out his business philosophy in how he treats hi...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.