Key takeaways

• Aspire, Bluefire and Mercury offer the most affordable Ford car insurance.
• Ford’s larger vehicles with high horsepower and luxury models may be more expensive to insure than other, lower-profile cars.
• If you’re planning to buy a new Ford, leave room in your budget for monthly, semi-annual or annual car insurance costs.

From joy rides in a Ford Mustang to family adventures in an Explorer, Ford offers a wide ranging collection to fit many lifestyles. If you drive an F-Series Ford truck, you’re in good company — it’s been the best-selling vehicle in the United States for over 40 years.

But Ford Motor Company’s history dates back long before that. Its Model T — dubbed the Tin Lizzie — was the car that put the country on wheels. Decades later, the Mustang became a symbol of American muscle car culture and an instant classic.

Today, the company focuses primarily on SUVs and trucks — bigger cars that can be more expensive to insure than the average sedan, but not always. Whether you’re preparing to shop for a new SUV or looking for coverage on your pickup truck, compare several car insurance quotes to find the best rate.

How much does Ford insurance cost?

The type of Ford you drive — sedan, SUV or truck — is one of many factors that influences your premium costs.

Insurers also use your driving record, location, age and vehicle’s age, and desired coverage level to determine your rate. In general, larger vehicles cost more to insure than smaller vehicles, and many of Ford’s newest models are larger than sedans. Safety ratings, such as the Insurance Institute for Highway Safety’s annual awards, and claims costs relative to other vehicles can also impact the cost to insure any model.

If you’re planning to lease or finance a new Ford, your lender will likely require you to carry a full coverage policy, but even if you buy a new vehicle with cash, more coverage can help protect your finances if you’re involved in an accident. 

Here are the average rates that Ford drivers have been quoted for full coverage car insurance, according to Jerry’s data.

If you have a loan or lease on your vehicle, the lender will require full coverage. You may also need gap insurance, which can help you pay off your loan if your car is totaled.

One of the main factors in determining the cost to insure your ford is the specific model you choose. Here are some features to consider that affect your premium.

• Safety features: Ford models with superior safety ratings, like IIHS Safety Pick Mustang Mach-E 4-door SUV, can cost less to insure.
• Vehicle value: Valuable cars cost more to insure, which is why high-performance models like the Mustang GT can have high insurance rates.
• Vehicle class: Compact SUVs are typically the least expensive to insure, while sports cars, large sedans, and electric or hybrid vehicles usually cost more.
• Engine size: Vehicles with larger engines and more horsepower are associated with a higher risk of speeding and accidents, thereby increasing coverage costs.
• Availability of replacement parts: If you drive an uncommon Ford model or one that’s difficult to find parts for — like a hybrid, electric vehicle or a vintage model — your insurance premium may be steeper.

Cheapest Ford car insurance companies

Whether you’re purchasing a new or used vehicle, don’t assume the first car insurance quote you get is the cheapest. Even if you’re just upgrading a model you’ve owned for years, each insurer prices policies differently, so get at least a few quotes to ensure you’re getting a good deal.

Full coverage combines liability coverage and any others your state requires with comprehensive and collision insurances. This type of insurance pays for damage to your own vehicle after an accident or if it is damaged by weather, vandalism or a fire. Without it, any damage to your own vehicle — and any non-collision damage that befalls it — comes out of your pocket to repair.

Here are the average rates that insurers have quoted Ford drivers for full coverage.

Learn more: Liability vs. full coverage insurance

If you want a more affordable policy and aren’t leasing or financing your next Ford, liability-only coverage is an option. This type of insurance is the minimum you can have to legally drive a car in your state if you purchase it in the lowest amounts. Just keep in mind that with the minimum coverage, your insurer won’t pay to repair your own vehicle, ever — it will only cover damage you do to others up to the amounts stated in your policy. 

Beyond those amounts, you’d have to pay out of pocket for any damage you caused in a wreck, so keep in mind that totaling new cars and causing injuries can cost well more than state minimums. For this reason, liability-only policies are usually best for older vehicles, vehicles that are cheap and easy to repair, a vehicle you don’t intend to repair or one that you don’t drive often.

Here are the average rates that insurers have quoted Ford drivers for minimum coverage.

Ford F-150 car insurance costs

The average cost to insure a Ford F-150 with full coverage in 2024 was $288 per month, according to quote data from real Jerry customers.

Among Ford’s most popular vehicles, the F-150 is lightweight for a full-size pickup truck. It comes in several models from the XL, which starts at $38,810 MSRP, to the Raptor, which starts at $79,005 MSRP. One of the most popular models, the Lariat, comes in at $63,360 MSRP, according to the manufacturer.

The F-150’s size, weight, towing capacity and robust horsepower on the larger models contribute to higher insurance costs. However, the F-150 has some safety features that could help keep rates low. The pickup is equipped with an anti-theft alarm, a post-crash alert system and four-wheel anti-lock brakes. Lariat and Raptor trims also have rain-sensing windshield wipers, a rear view camera and blind spot monitoring that includes a trailer, if you’re towing one.

Here are the average rates that insurers have quoted F-150 drivers for full coverage.

Ford Explorer insurance costs

The average cost to insure a Ford Explorer with full coverage in 2024 was $290 per month, according to Jerry’s quote data.

The Explorer is a versatile, mid-size SUV ideal for families and travelers. A smaller, more affordable alternative to the Expedition, the Explorer includes three rows of seating and plenty of cargo space.

Explorer models range from $39,855 MSRP for the Active model up to $54,260 for the ST. The family-friendly vehicle comes equipped with a safety canopy for additional protection in an accident and auto hold to keep the vehicle from rolling when the brake is released. The anti-theft system and perimeter alarm come standard, which may also help keep insurance costs low.

Here are the average rates that insurers have quoted Explorer drivers for full coverage.

Ford Mustang insurance costs

The average cost to insure a Ford Mustang with full coverage in 2024 was $419 per month, according to Jerry’s data.

The Ford Mustang, an American classic, is consistently one of the country’s best-selling sports cars. The first generation was boxier with a rounded back and though the Pony Car has seen several generations of upgrades, the iconic long hood and short deck remains. Today, the starting rate for a new Mustang is between $31,920 and $69,375 MSRP, with the high-performance, eight-cylinder, manual models at the high end of the spectrum.

Several factors help determine a new Mustang’s car insurance costs — choosing one with a low starting price can keep costs low, but customizations will drive rates up; most sports cars are pricey to insure, but choosing a model with less horsepower could earn you savings.

Here are the average rates that insurers have quoted Mustang drivers for full coverage.

Ford Bronco insurance costs

The average cost to insure a Ford Bronco with full coverage in 2024 was $328 per month, according to Jerry’s quote data.

Broncos are made for trips outdoors. The vehicle’s high ground clearance and ability to handle more than two feet of standing water make it ideal for trips over mountains and streams, while the terrain management system allows the Bronco to drive through mud, rock, sand and ice.

The Bronco Base starts at $37,995 MSRP, while the most expensive option, the Raptor, comes in at $90,035 MSRP, according to the manufacturer. On the low end, the price is comparable to the Toyota Land Cruiser and Jeep Wrangler, but few non-luxury 4×4 SUVs reach $90,000.

The Bronco is a big, durable, powerful vehicle, making it safe for drivers and passengers, but also meaning it could cause serious damage in an accident. Though it’s designed to move through rough terrain, there’s also a better chance that a Bronco will take damage from wildlife than commuter cars.

Here are the average rates that insurers have quoted Bronco drivers for full coverage.

How to lower Ford car insurance costs

Here are some ways to lower your Ford car insurance rate:

• Get multiple quotes: Compare several car insurance quotes to determine the best price for your desired coverage level. Especially if this is your first time owning this specific make and model, don’t assume the first quote is the best.
• Research rates before you buy: Research insurance rates for different Ford models before you head out to make a purchase. Knowing roughly how much you’ll spend on insurance can help you budget for the monthly car payment.
• Add safety features: Some safety features come standard on new cars, while others can be added at checkout. Consider asking an insurance agent which safety features could be difference-makers on your premium.
• Bundle your insurance policies: Some insurers offer rate discounts when you bundle your home and auto insurance.
• Participate in a telematics program: Some insurance companies use technology to track your driving habits. You could qualify for car insurance discounts if you show you are a safe driver, however, your premium could rise if the telematics program determines you have unsafe driving habits.
• Take a defensive driving class: Your insurer may offer a discount for completing a safe driving course.

MEET OUR EXPERTS

Annie Millerbernd

Annie is a writer and editor at Jerry and has more than a decade of experience writing and editing digital content. Before joining Jerry, she was an assistant assigning editor at NerdWallet, where she covered loans. Previously, she worked at USAA and newspapers in Minnesota, North Dakota, California, and Texas. She holds a bachelor’s degree in journalism from the University of Minnesota.

Lacie Glover

Lacie Glover is a Lead Writer and Editor with sixteen years’ experience in the insurance category. Prior to Jerry, she spent more than a decade on NerdWallet’s content team writing, editing and then overseeing the auto insurance category, as well as dabbling in other insurance and automotive topics. Prior to her career in the online personal finance content space, Lacie spent time in the hard sciences, in clinical research and chemistry labs. She has a bachelor’s degree from Colorado State University.

Methodology

Data included in this analysis comes from policies that Jerry has quoted within the last 18 months. Jerry services 48 states and offers a range of insurance companies to choose from.