Services
Insurance
Repairs
Advice
About

Cheapest Ford Mustang Car Insurance (Oct 2024)

Compare 50+ top insurance companies including Progressive, Travelers, AAA, Nationwide (and more!) to find the best and cheapest car insurance for your Ford Mustang
background
Find Insurance Savings
√
No long forms
√
No spam or unwanted calls
√
Quotes from top insurance companies
background
avatar
Kianna Walpole
Expert Insurance Writer & Editor
icon
Reviewed by Josh Damico, Vice President Insurance Operations
icon
Edited by Sarah Gray, Licensed Insurance Agent — Expert Insurance Writer and Editor

How much does Ford Mustang car insurance cost? 

On average, Ford Mustang drivers spend $98 each month on state minimum car insurance and $201 per month for full coverage. Compared to other popular cars like the Kia Sorento, Lexus NX, and Mini Cooper, the Ford Mustang is -- expensive to insure. 
However, there is no real ‘average’ cost of car insurance as your price depends on your driver profile. Many factors play a role in determining your Ford Mustang insurance costs, from the trim level you own to your car’s age. The only way to understand how much your car insurance will cost is to compare car insurance quotes

Compare the cheapest Ford Mustang car insurance quotes

This may feel complicated, but it doesn’t have to be.
Jerry
is a
car insurance price comparison
tool that helps you to easily compare quotes, saving you time and money. Jerry has helped Ford Mustang drivers save an average of $2,907 per year on their car insurance. 
Check out the table below to see real, free quotes that real people have gotten from Jerry.
DateCarInsurance companyPremium (monthly)CustomerInsurance coverage
September 28, 2024
Ford Mustang GTAAA
$86
• State Minimum Liability
September 28, 2024
Ford MustangSafeco
$205
• State Minimum Liability
• Comp / Collision
September 26, 2024
Ford MustangProgressive
$199
• 100,000/300,000 Liability
• Comp / Collision
September 23, 2024
Ford MustangAllstate
$237
• 50,000/100,000 Liability
• Comp / Collision
September 18, 2024
Ford MustangNational General
$225
• State Minimum Liability
coverageLast Updated Oct 7, 2024
However, insurance costs can vary greatly even for the same model. In addition to your driving record, ZIP code, and insurance history, insurance companies will consider your car’s model year and trim level when generating a quote.
To find out the rate for your Ford Mustang, you’ll need to
get car insurance quotes
from at least three insurance companies.

The best car insurance companies for Ford Mustang owners

There’s no single best insurance company for all Ford Mustang owners—car insurance rates are highly personalized, and every insurance company uses a slightly different algorithm to
calculate your premiums
But that doesn’t mean we can’t find the best insurance company for you
Jerry conducted the largest survey in the nation to help people compare car insurance companies. Check out how drivers rate different insurance companies below.
Insurance CompanyOverall RatingPriceClaims ExperienceCustomer Service
Safeco
4.6
4.4
4
4.5
Travelers
4.5
4.2
4.4
4.5
Progressive
4.3
3.9
3.9
4.3
AAA
4.2
4
3.8
4.4
Allstate
4.2
3.6
3.8
4.2
USAA
4
3.5
4.5
4.2
State Farm
4
3.4
3.8
4.2
Farmers
4
3.4
4.1
3.9
Geico
3.9
3.3
3.9
4
Liberty Mutual
3.7
3.2
3.5
3.7
Highlighticon

How'd we get these scores?

Jerry's experts conducted one of the largest car insurance surveys in the United States. We surveyed 15,000 policyholders, in all 50 states, over the span of 18 months. These policyholders hold insurance policies with 87 different insurance companies. We surveyed policyholders to gauge their satisfaction with their insurance carriers in: policy cost, customer service, buying and renewal experience, as well as claim experience. These scores were all reported by real customers of the insurance companies.

How much car insurance do you need for a Ford Mustang?

The average cost of Ford Mustang insurance is $201 per month for full coverage and $98 for state minimum coverage– but individual quotes can vary greatly depending on a variety of factors including model year, trim level, driving history coverage levels, and more. 
CarAverage Full Coverage Insurance CostAverage State Minimum Insurance Cost
Ford Mustang
$201
$98
  • Minimum coverage insurance
    is the minimum amount of coverage legally required in your state, which typically includes at least bodily injury and property damage liability insurance. 
  • Full coverage insurance
    provides financial protection for damage to yourself, your vehicle, and other vehicles and passengers involved in an accident.
While knowing auto insurance averages can be useful, getting personalized quotes is
the best way to shop for insurance
. Jerry makes quote shopping easy, finding you the best coverage at the best rate.

Why are some trims more expensive to insure than others?

Repair and replacement costs tend to be higher for premium trim levels, making them a higher risk to insurance companies. 
Check out the table below to see the average cost of auto insurance for some popular Ford Mustang trims.
CarMonthly minimum coverage costMonthly full coverage cost
Mustang Ford
$99
$205
Mustang Ford Cobra SVT
$34
$64
Mustang Ford GT
$97
$199
Mustang Ford LX
$84
$112
Mustang Ford Mach 1
$81
$147
Mustang Ford Mach-E GT
$103
$159
Mustang Ford Mach-E Premium
$128
$166
Mustang Ford Mach-E Select
$107
$283
Mustang Ford Shelby GT500
$56
$259
Lower my car insurance too!

Ford Mustang insurance cost by model year

The more recently your Ford Mustang was manufactured, the more it’ll cost to insure. New models are worth more and often have higher repair costs thanks to cutting-edge technology. Check out some see real quotes for Ford Mustangs provided by Jerry to better understand how your driver profile might affect your cost.

2023 Ford Mustang car insurance quotes

Unfortunately, newer cars can also come with higher car insurance rates. Here's what Jerry drivers pay to insure their 2023 Ford Mustang:
CarInsurance CompanyPremium (monthly)CustomerInsurance Coverage
Progressive
$143
• 50,000/100,000 Liability
• Comp / Collision
2023
Ford Mustang Mach-E Premium
Progressive
$183
• 100,000/300,000 Liability
• Comp / Collision
2023
Ford Mustang Mach-E Select
Bristol West
$128
• State Minimum Liability
National General
$494
• State Minimum Liability
• Comp / Collision
2023
Ford Mustang Mach-E Premium
Mercury
$215
• State Minimum Liability
• Comp / Collision
coverageLast Updated Oct 3, 2024

2022 Ford Mustang car insurance quotes

It's important to remember that car insurance rates are as unique at the drivers themselves. The best way to understand how much you might pay is to compare real quotes like the ones below from different insurance companies. Check out some real quotes Jerry compared for 2022 Ford Mustang drivers below:
CarInsurance CompanyPremium (monthly)CustomerInsurance Coverage
Progressive
$171
• No Coverage Liability
• Comp / Collision
2022
Ford Mustang Mach-E California Route 1
Safeco
$142
• 50,000/100,000 Liability
• Comp / Collision
National General
$236
• State Minimum Liability
• Comp / Collision
Dairyland
$340
• 50,000/100,000 Liability
• Comp / Collision
2022
Ford Mustang Mach-E GT
Encompass
$216
• 100,000/300,000 Liability
• Comp / Collision
coverageLast Updated Oct 2, 2024

2021 Ford Mustang car insurance quotes

Jerry compares quotes from over 55+ top insurance companies for you. Compare some real examples of what Jerry drivers pay to insure their 2021 Ford Mustang:
CarInsurance CompanyPremium (monthly)CustomerInsurance Coverage
Progressive
$210
• No Coverage Liability
• Comp / Collision
2021
Ford Mustang Mach-E Premium
Travelers
$129
• 50,000/100,000 Liability
• Comp / Collision
Allstate
$135
• 100,000/300,000 Liability
• Comp / Collision
2021
Ford Mustang Mach-E Premium
Safeco
$103
• State Minimum Liability
2021
Ford Mustang Mach-E GT
Nationwide
$158
• 100,000/300,000 Liability
• Comp / Collision
coverageLast Updated Oct 7, 2024
If your car is more than 3 years old, you might be able to secure a cheaper car insurance rate. Check out how much Jerry drivers are paying to insure their year Ford Mustang with our real quote examples below:

2020 Ford Mustang car insurance quotes

CarInsurance CompanyPremium (monthly)CustomerInsurance Coverage
Nationwide
$225
• 50,000/100,000 Liability
• Comp / Collision
Travelers
$197
• 100,000/300,000 Liability
• Comp / Collision
Safeco
$209
• State Minimum Liability
• Comp / Collision
Bristol West
$115
• State Minimum Liability
• Comp / Collision
Mercury
$169
• State Minimum Liability
• Comp / Collision
coverageLast Updated Oct 7, 2024

2019 Ford Mustang car insurance quotes

CarInsurance CompanyPremium (monthly)CustomerInsurance Coverage
Safeco
$109
• 50,000/100,000 Liability
• Comp / Collision
Travelers
$246
• 100,000/300,000 Liability
• Comp / Collision
Allstate
$117
• State Minimum Liability
• Comp / Collision
AAA
$477
• 30,000/60,000 Liability
• Comp / Collision
Bristol West
$322
• No Coverage Liability
• Comp / Collision
coverageLast Updated Oct 7, 2024

2018 Ford Mustang car insurance quotes

CarInsurance CompanyPremium (monthly)CustomerInsurance Coverage
Progressive
$322
• 50,000/100,000 Liability
• Comp / Collision
Safeco
$97
• State Minimum Liability
Mercury
$71
• 100,000/300,000 Liability
• Comp / Collision
National General
$241
• State Minimum Liability
• Comp / Collision
Plymouth Rock
$140
• 15,000/30,000 Liability
• Comp / Collision
coverageLast Updated Oct 2, 2024

2017 Ford Mustang car insurance quotes

CarInsurance CompanyPremium (monthly)CustomerInsurance Coverage
Progressive
$90
• State Minimum Liability
• Comp / Collision
Nationwide
$180
• 50,000/100,000 Liability
• Comp / Collision
Safeco
$224
• 100,000/300,000 Liability
• Comp / Collision
AAA
$86
• State Minimum Liability
Travelers
$138
• 50,000/100,000 Liability
• Comp / Collision
coverageLast Updated Oct 7, 2024

2016 Ford Mustang car insurance quotes

CarInsurance CompanyPremium (monthly)CustomerInsurance Coverage
Progressive
$174
• 50,000/100,000 Liability
• Comp / Collision
Clearcover
$155
• 100,000/300,000 Liability
• Comp / Collision
Gainsco
$212
• State Minimum Liability
Bristol West
$215
• 100,000/300,000 Liability
• Comp / Collision
Infinity
$68
• State Minimum Liability
coverageLast Updated Oct 5, 2024

2015 Ford Mustang car insurance quotes

CarInsurance CompanyPremium (monthly)CustomerInsurance Coverage
Plymouth Rock
$252
• 50,000/100,000 Liability
• Comp / Collision
National General
$98
• 100,000/300,000 Liability
• Comp / Collision
Gainsco
$250
• State Minimum Liability
Clearcover
$127
• State Minimum Liability
• Comp / Collision
Mercury
$355
• 15,000/30,000 Liability
coverageLast Updated Oct 5, 2024

2014 Ford Mustang car insurance quotes

CarInsurance CompanyPremium (monthly)CustomerInsurance Coverage
Progressive
$322
• 50,000/100,000 Liability
• Comp / Collision
Nationwide
$271
• 100,000/300,000 Liability
• Comp / Collision
Safeco
$205
• State Minimum Liability
• Comp / Collision
AAA
$272
• State Minimum Liability
• Comp / Collision
Allstate
$99
• 50,000/100,000 Liability
• Comp / Collision
coverageLast Updated Oct 7, 2024

2013 Ford Mustang car insurance quotes

CarInsurance CompanyPremium (monthly)CustomerInsurance Coverage
Progressive
$163
• 100,000/300,000 Liability
Allstate
$218
• 50,000/100,000 Liability
• Comp / Collision
Safeco
$183
• State Minimum Liability
• Comp / Collision
Travelers
$275
• 100,000/300,000 Liability
• Comp / Collision
Mercury
$67
• 50,000/100,000 Liability
coverageLast Updated Oct 2, 2024

Are Ford Mustangs expensive to insure? 

The average Ford Mustang insurance rate is $98 per month. Compared to the national average for other models from a similar price range, it is -- expensive to insure a Ford Mustang .
CarMonthly minimum coverage costMonthly full coverage cost
Ford Mustang
$98
$201
Toyota Sequoia
$96
$168
Mini Cooper
$90
$166
Jeep Wrangler
$85
$150
Buick Enclave
$85
$172
Why are similar cars more or less expensive to insure? When calculating the cost of your insurance, insurance companies take many factors into consideration. MSRP, trim level, model year, and the cost of repairs are some of the many factors that can influence how much your insurance costs.

Ford Mustang safety features 

The safety features of a model will also impact your insurance costs. 
A vehicle with more advanced safety features poses a lower risk to insurance companies. As a result, insurance costs will be lower for vehicles with more (and better) safety features. 
The Ford Mustang has a variety of safety features. Learn more about them below.
Safety featureDescription
Stability control
Stability control automatically senses when the vehicles handling limits have been exceeded and reduces engine power and/or applies select brakes to help prevent the driver from losing control of the vehicle.
Pretensioners
Seatbelt pretensioners automatically tighten seatbelts to place the occupant in the optimal seating position during a collision.
Anti-lock brakes
ABS brakes automatically sense when a tire has stopped rotating under extreme braking, and will modulate the brake pressure to allow the tire to rotate.This increases the vehicles ability to turn while braking.
Side impact airbags
Side impact airbags for the front seats have been designed to protect the torso during a side impact collision.
Front-impact airbags
Front-impact airbags for the driver and passenger have been designed to protect the head during a frontal crash.
Security system
The vehicle is equipped with a means of anticipating and/or detecting unwanted vehicle intrusion. The vehicle is equipped with an ignition disable device that will prevent the engine from starting if the correct original manufacturer key is not used.
Knee airbags
Knee airbags help to protect the occupants lower extremities from serious injury in the event of an accident.
Overhead airbags
Overhead airbags are used to protect the occupant's heads in the event of a side collision or rollover.

What other factors affect Ford Mustang insurance rates?

Many factors influence your
car insurance rate
, such as:
  • The kind of car you have: Collision and comprehensive coverage are more costly for luxury, high-performance, and sports cars.
  • Your age: Driver age affects insurance rates too. Drivers under 25 years of age will pay higher insurance rates. Insurance companies consider young drivers to be high risks due to their limited driving experience.
  • Your driving record and claims history: Insurance companies will charge more if you have a history of accidents or tickets.

Ford Mustang insurance cost for young drivers

Teen drivers
between the ages of 16 and 19 face the highest insurance costs out of any age group. For teen car owners driving a newer car, full coverage insurance offers better financial protection, since teenagers are more likely to get into accidents.
card cover
Roy (24 years old)
coverageCoverage
State Minimum
locationAttalla, AL
$114
per month
card cover
Keith (24 years old)
coverageCoverage
50,000 per person
100,000 per accident bodily injury
Comp / Collision
$324
per month
card cover
Lena (23 years old)
coverageCoverage
100,000 per person
300,000 per accident bodily injury
Comp / Collision
$258
per month
card cover
Eva (24 years old)
coverageCoverage
100,000 per person
300,000 per accident bodily injury
Comp / Collision
$275
per month
card cover
Devin (24 years old)
coverageCoverage
100,000 per person
300,000 per accident bodily injury
Comp / Collision
locationJackson, TN
$154
per month

Ford Mustang insurance cost for senior drivers

As you enter your mid-70s, car insurance costs begin to climb again. 
Car insurance rates for seniors
 tend to be higher for several reasons. 
Older drivers are more likely to be involved in accidents, and are also more vulnerable to severe injuries in the event of a collision, leading to significant medical expenses and other increased costs for insurance providers.
card cover
Mason (75 years old)
$210
per month
card cover
Gerald (66 years old)
coverageCoverage
100,000 per person
300,000 per accident bodily injury
$102
per month
card cover
Samuel (71 years old)
coverageCoverage
State Minimum
locationDallas, GA
$91
per month
card cover
Clara (71 years old)
coverageCoverage
100,000 per person
300,000 per accident bodily injury
Comp / Collision
locationWestminster, MD
$166
per month
card cover
Georgie (67 years old)
coverageCoverage
50,000 per person
100,000 per accident bodily injury
$95
per month

Ford Mustang insurance cost for drivers with driving violations 

Your driving record impacts your auto insurance quotes. Those with a clean driving record are rewarded with lower insurance premiums.  
If insurance companies notice a history of violations, they’ll see you as a higher risk and charge you a steeper rate. Some common violations that could increase your insurance rates include:
  • Speeding
  • DUIs
  • At fault accident
  • Reckless driving
  • Driving on a suspended license

Cheapest car insurance for Ford Mustang drivers with a DUI record

If you have a DUI offense on your record, car insurance rates can vary significantly from one insurance company to another. 
You may need to compare rates from many insurance companies to find low-cost options after a DUI. Jerry has helped many Ford Mustang drivers obtain affordable auto insurance rates after a DUI.
card cover
Zachary (33 years old)
coverageCoverage
50,000 per person
100,000 per accident bodily injury
Comp / Collision
$81
per month
card cover
Cory (34 years old)
coverageCoverage
100,000 per person
300,000 per accident bodily injury
Comp / Collision
$56
per month

Cheapest car insurance for Ford Mustang drivers after an accident

One of the most important factors affecting car insurance rates is your car accident or claim history. 
If you were involved in an at-fault accident in the recent past, your car insurance rates could skyrocket. Jerry has helped many Ford Mustang drivers save on car insurance after car accidents.
Accident typeCarInsurance CompanyPremium (monthly)CustomerInsurance coverage
["At Fault With No Injury"]
Ford MustangProgressive
$114
• State Minimum Liability
["Not At Fault"]
Ford Mustang GTAAA
$86
• State Minimum Liability
[]
Ford MustangAllstate
$237
• 50,000/100,000 Liability
• Comp / Collision
[]
Ford Mustang Mach-E PremiumTravelers
$172
• 100,000/300,000 Liability
• Comp / Collision
["Not At Fault"]
Ford Mustang GTState Auto
$354
• 100,000/300,000 Liability
• Comp / Collision
coverageLast Updated Oct 5, 2024

Cheapest car insurance for Ford Mustang drivers with other driving violations on their record

Other driving violations have the power to impact the cost of your insurance, too. In addition to speeding tickets and DUIs, other violations such as reckless driving and driving on a suspended license can also cause your car insurance costs to increase. 
We’ve compiled a list of various other driving violations and how we helped Ford Mustang drivers with these violations save on their car insurance.

ViolationCarInsurance CompanyPremium (monthly)CustomerInsurance Coverage
Illegal Turn
Ford MustangProgressive
$217
• 50,000/100,000 Liability
• Comp / Collision
Defective Equipment
Ford MustangAAA
$202
• State Minimum Liability
Failure to Obey Signal
Ford MustangSafeco
$166
• State Minimum Liability
• Comp / Collision
Wrong Way/Wrong Lane
Ford Mustang GTTravelers
$394
• 50,000/100,000 Liability
• Comp / Collision
Cell Phone
Ford MustangProgressive
$288
• State Minimum Liability
• Comp / Collision
Careless Driving
Ford MustangNational General
$74
• No Coverage Liability
Driving on Sus. License
Ford Mustang
Clearcover
$263
• 25,000/50,000 Liability
• Comp / Collision
Failure to Yield
Ford MustangTravelers
$173
• 50,000/100,000 Liability
• Comp / Collision
Seat Belt
Ford MustangBristol West
$185
• 25,000/50,000 Liability
Improper Passing
Ford MustangAllstate
$260
• State Minimum Liability
• Comp / Collision
coverageLast Updated Oct 6, 2024

How can I lower the cost of insurance for my car?

There are a variety of ways to lower insurance costs for your vehicle. 
  • Shop around: Shopping around for insurance coverage by comparing quotes from different insurance providers allows you to find the best coverage at the best price. Jerry makes this process easy by gathering quotes from over 55 top insurance companies in minutes, so you can compare prices. If you find a better deal, Jerry can even help you buy your new policy and cancel your old one.
  • Raise your deductible: Your
    car insurance deductible
    is the amount of money you pay out of pocket before your collision or comprehensive coverage kicks in. Raising your deductible reduces monthly insurance payments—but avoid raising it higher than you can afford to pay.
  • Reduce your coverage: If you have any older cars, you can
    reduce coverage
    on them to lower your bill. This is a good idea if your car is worth less than 10 times the premium you’re paying.
  • Research discounts: All insurance companies offer discounts, but they’re not always advertised, and your eligibility may vary from provider to provider. Check with your current insurer to see what discounts you might be missing out on. 
  • Bundle your insurance policies:
    Bundling your homeowners and auto insurance
    with the same company can amount to a lower overall bill. 

FAQs

Is insurance higher on a Mustang?

Generally, car insurance is higher on a Mustang as it’s considered a sports car. On average, drivers with a Ford Mustang pay $98 per month for the state minimum coverage, and $201 per month for full coverage.

How much is insurance for a 2017 Mustang?

The average cost of car insurance for a 2017 Ford Mustang is approximately $235 per month for full coverage and $103 per month for a liability-only policy.

How much is insurance on a new Mustang GT?

The average cost of car insurance for a 2023 Mustang GT is approximately $83 per month for the state minimum, and $324 per month for full coverage.

Are V6 engines more expensive to insure?

Insurance costs tend to increase with the size of your engine, so a V6 engine will cost more to insure than a four-cylinder, but less than a V8.

What is the average monthly insurance premium for a Ford Mustang?

On average, the Ford Mustang costs $201 per month for full coverage, and $98 per month for liability-only protection.

What is the average insurance premium for a Ford Mustang for a new driver?

For drivers under 18, a full coverage policy costs an average of $667 per month; for young drivers between the ages of 18 and 21, the same policy costs approximately $648 per month, which is 156% higher than the average rate of $253 per month for drivers 35-44. 

Methodology

The Insurance Research Team analyzes insurance products and services to drive insights and help consumers make informed purchase decisions. 
Insurance research: We analyzed over 25 million car insurance quotes; conducted the largest insurance shopping survey (over 15,000 customers surveyed and 85 carriers reviewed in the past 18 months). 
We surveyed insurance policyholders for their experience with their insurers in the following areas: (1) insurance cost (2) customer service (3) insurance buying experience (4) insurance renewal experience (5) claim experience. In addition, we asked people what they like about their insurers and what areas in which their insurers could improve. The driver characteristics used in calculating average rates for auto insurance include: single driver, single car, currently insured, clean driving record.  
For the quotes and sold policies included in this article, please note that personal information has been hidden. Not all customers find savings. 
Team: The team consists of licensed insurance agents, insurance industry veterans, and data scientists.

Meet our experts

avatar
Kianna Walpole
badge icon
Expert Insurance Writer & Editor
Kianna Walpole is an insurance writer and editor with a comprehensive background in consumer behavior and online publishing. With experience in car insurance, maintenance, and repair, she is dedicated to building informative content that helps customers reduce costs while achieving the best service. Prior to joining the Jerry editorial team, Kianna worked as a junior editor in the content marketing industry, using consumer data and key insights to create and edit content for an array of large-scale clients in the real estate, cybersecurity, and healthcare industries.
avatar
Sarah Gray
badge icon
Licensed Insurance Agent — Expert Insurance Writer and Editor
Sarah Gray is an insurance writer with nearly a decade of experience in publishing and writing. Sarah specializes in writing articles that educate car owners and buyers on the full scope of car ownership—from shopping for and buying a new car to scrapping one that’s breathed its last and everything in between. Sarah has authored over 1,500 articles for Jerry on topics ranging from first-time buyer programs to how to get a salvage title for a totaled car.
Prior to joining Jerry, Sarah was a full-time professor of English literature and composition with multiple academic writing publications.
avatar
Josh Damico
badge icon
Head Of Insurance Operations
badge icon
18+ Years Experience in Insurance
Josh Damico is Jerry’s vice president of insurance operations and a licensed insurance professional with nearly two decades of experience in the industry. Previously, Josh held executive roles at Geico, where he had vast regional oversight and leadership opportunities.  He holds a bachelor’s degree in business administration and management from Medaille College, and has appeared on news channels including FOX and CBS to offer insurance expertise and tips to drivers across the country. His work has appeared in Business Insider, Kelley Blue Book, and Digital Insurance and been quoted in The Balance, GOBankingRates, and Inspiring Workplaces.
*Illustration only. For all the pricing information presented in this article (including various tables), please note that not all customers find savings and the information is for illustrative purposes only. Savings depend on type of car, location, policy features, driving history and other factors. Drivers who switch through Jerry save over $70/month on average.