How Much Does It Cost to Insure a Ford Mustang?
Last Updated on January 9, 2026
Ford Mustang insurance can cost more than the average car to insure, but there isn’t one “set price.” Your premium depends heavily on your age, driving record, ZIP code, and which Mustang you drive (EcoBoost vs. GT vs. Shelby vs. Mach-E).
This guide explains what typically drives Mustang insurance costs, how different trims affect premiums, and which insurers are worth quoting so you can find the best rate for your situation.
Key Takeaways
- Mustang Insurance Has a Wide Pricing Range: Costs vary sharply by driver profile, ZIP code, and trim level—there’s no single “average” that fits everyone.
- Trim Level Matters More Than Most Drivers Expect: V8 and Shelby variants typically rate higher due to higher vehicle value and more expensive claims.
- Location Drives Theft and Collision Risk: Comprehensive and collision pricing can jump in high-theft or high-traffic areas, even with the same Mustang.
- Quote With Matching Limits and Deductibles: Compare identical coverage setups across insurers before deciding which company is “cheapest.”
- How Much Does It Cost to Insure a Ford Mustang?
- Factors That Influence Ford Mustang Insurance Prices
- What’s the Best Company for Ford Mustang Car Insurance?
- Other Things to Know Before Insuring a Ford Mustang
- How Ford Mustang Trim and Body Style Impact Insurance
- Final Word on Ford Mustang Insurance Costs
- FAQs on Ford Mustang Insurance Costs
How Much Does It Cost to Insure a Ford Mustang?
Most Mustang owners should expect insurance costs to land anywhere from “close to average” to “well above average,” depending on the driver and the version of the car. Compared with a typical family sedan, Mustangs often rate higher because they’re performance-oriented vehicles and can be more expensive to repair (and sometimes more attractive to thieves).
If you want a benchmark for how Mustang pricing compares with typical drivers nationwide, start here: average American auto insurance spending.
Also remember that your state’s required coverage and rules can materially change pricing. Minimum limits and coverage structures vary, and higher required limits generally raise premiums: state-by-state auto insurance requirements.
| Situation | What You’ll Typically See | Why |
|---|---|---|
| Clean-record adult driver (standard trims) | Often moderately above average | Performance image and repair costs can raise rates, but strong driver history helps |
| Young/teen driver | Often among the highest premiums | Limited driving experience and higher claim frequency for younger drivers |
| High-performance trims (GT/Shelby variants) | Often significantly above average | Higher power, higher MSRP, higher repair and loss severity risk |
| Older Mustang with liability-only coverage | Can be closer to average (or lower) | Dropping physical damage coverage reduces cost (if the vehicle value supports it) |
| Urban/high-theft ZIP codes | Often meaningfully higher | Higher theft, vandalism, and accident frequency impacts comprehensive and collision pricing |
Factors That Influence Ford Mustang Insurance Prices
Insurers rate Mustang policies using the same core inputs as any other vehicle, but performance trims and local risk factors can amplify the differences. These are the most common variables that move the price up or down:
| Factor | How It Impacts Mustang Premiums | Learn More |
|---|---|---|
| Driver Age | Newer drivers usually pay more; mature drivers with stable history often pay less | optimal age for low auto insurance rates |
| Gender | In some states and rating plans, gender can affect pricing (rules vary) | which gender pays more for auto insurance |
| Driving History | Tickets, accidents, and serious violations can raise premiums sharply | how driving history affects insurance rates |
| State-Level Pricing | No-fault rules, litigation, medical costs, and fraud levels can push rates up or down | Michigan / Florida / Maine / Idaho |
| Annual Mileage | More miles generally means more exposure to crashes and claims | low mileage discounts |
| ZIP Code | Theft frequency, traffic density, and claim frequency in your area can swing rates | why ZIP code matters |
| Credit-Based Insurance Score | In many states, credit-based scoring impacts premiums; some states prohibit it | does credit score affect car insurance rates |
| Model Year | Newer vehicles often cost more to insure due to higher replacement and repair costs | does your car year affect insurance price |
Quick tip: When you compare quotes, keep the same liability limits, deductibles, and coverage options across every insurer. A “cheaper” quote is often just a quote with lower limits or higher deductibles.
What’s the Best Company for Ford Mustang Car Insurance?
There’s no single best insurer for every Mustang owner. The “best” company is usually the one that prices your driver profile competitively while offering the coverage and claims experience you want. The good news is that most Mustangs can be insured with mainstream carriers—no specialty policy is required for the typical daily driver.
For standard Mustangs, you can usually shop normal policies, not specialty coverage for high-end sports cars. If you own a true classic, limited-production, or collector Mustang, a specialty policy may fit better: how to insure a classic or collector vehicle.
Here are popular insurers many Mustang owners quote, along with what they’re commonly known for. Availability and pricing vary by state and driver profile.
| Insurer | Why Mustang Owners Quote Them | Best For |
|---|---|---|
| USAA | Often competitive pricing for eligible members; strong service reputation | Military members and eligible families |
| GEICO | Large national footprint; commonly competitive for many drivers | Drivers who want a fast, online-first experience |
| State Farm | Strong local agent network; broad availability | Drivers who prefer agent support |
| Allstate | Many coverage add-ons and bundling options | Households bundling auto/home |
| Progressive | Often competitive for a wide range of risk profiles | Drivers comparing multiple coverage configurations |
| Liberty Mutual | Customizable options and bundling focus | Drivers who want configurable endorsements |
| Farmers | Agent-driven approach; bundling and package options | Drivers who want ongoing agent guidance |
| Nationwide | Broad product set and bundling | Multi-policy households |
| Travelers | Strong coverage flexibility in many markets | Drivers prioritizing coverage structure and endorsements |
Other Things to Know Before Insuring a Ford Mustang
Beyond standard rating factors, Mustangs have a few “vehicle-specific” considerations that can change insurance pricing and claims outcomes.
Performance Trims Usually Cost More to Insure
Higher horsepower trims (GT and Shelby variants) often carry higher premiums because losses tend to be more severe (more expensive repairs and higher replacement values). Even within the same model year, the trim can change the rate noticeably.
Theft Risk Can Raise Comprehensive Premiums
Sporty vehicles can attract theft and vandalism risk in some areas, which can raise comprehensive pricing. Theft patterns change over time and vary heavily by location, so your ZIP code matters as much as the badge on the car. For broader theft trend context, see reporting based on HLDI analysis here: IIHS/HLDI theft-claim analysis (example).
Mustang Mach-E Insurance Is Rated More Like an EV Crossover
The Mustang Mach-E is an electric crossover that’s rated differently than a two-door Mustang coupe or convertible. EV repair costs and parts availability can affect premiums, although some carriers offer EV-related discounts. For a broader look at EV pricing trends, see: are hybrid or electric vehicles cheaper to insure.
Modifications and Track Use Are Common Coverage Gaps
Aftermarket wheels, exhaust, forced induction, wraps, and custom audio can affect claims. Many standard policies limit coverage for non-factory equipment unless you add the right endorsement. Track events are also usually excluded under standard personal auto policies, even if the car is street legal.
How Ford Mustang Trim and Body Style Impact Insurance
Insurers rate the Mustang using details tied to the specific VIN, including engine, trim, safety equipment, and body style. Use the table below as a practical guide for what typically pushes rates up or down.
| Mustang Version | Typical Insurance Impact | Why |
|---|---|---|
| EcoBoost Coupe | Lower to moderate | Lower MSRP and power than V8 trims; generally lower repair severity than top trims |
| EcoBoost Convertible | Moderate | Convertible mechanisms and higher theft/vandalism exposure can raise comprehensive and repair costs |
| GT (V8) Coupe | Moderate to higher | Higher power and higher replacement costs typically raise premiums |
| GT Convertible | Higher | Combines V8 performance with convertible repair complexity |
| Special Editions (Mach 1, Bullitt, etc.) | Higher | Higher value and parts costs can increase claim severity |
| Shelby GT500 / High-Performance Models | Highest | High MSRP, high repair costs, and higher loss severity profile |
| Mustang Mach-E | Varies (often moderate to higher) | EV repair and parts costs can increase premiums; discounts may offset for some drivers |
One more note: if you’re cross-shopping performance rivals, theft and performance risk can be similar across the segment. For example, the Dodge Challenger is often compared with the Mustang for ownership costs: Dodge Challenger insurance cost.
Final Word on Ford Mustang Insurance Costs
Mustang insurance can be affordable for a clean-record driver in a lower-risk area, but pricing can climb quickly for younger drivers, high-performance trims, and high-theft ZIP codes. The best way to lower your cost is to compare multiple quotes with identical limits and deductibles, then adjust coverage strategically based on your vehicle value and financial risk.
