Is a Mustang expensive to insure?

It costs an average of $295 per month for a full coverage Ford Mustang car insurance policy. To compare, the national average cost of a full coverage car insurance policy $223 per month.

Is a Mustang a sports car for insurance?

Yes, your car insurance company will likely consider a Ford Mustang a sports car. Insuring a sports car will likely cost more; insurance companies tend to see them as higher-risk, and charge higher rates to account for it.

How can I lower Mustang insurance costs?

An easy way to lower your car insurance costs is to raise your deductible. But, if you go this route, you'll end up paying more money out of pocket if and when you file a claim. Consult your finances ahead of setting a higher deductible to ensure it's an amount you could reasonably pay in the event of an emergency.

Car Insurance for Ford Mustang

How much does it cost to insure a Mustang?

Insuring a Ford Mustang will likely cost you. On average, it costs $3,538 a year to insure a Mustang at full coverage, which is 32 percent more than the national average. A minimum coverage policy costs $793, 2 percent less than the national average cost of that policy type.

Insurance companies consider various factors when pricing your policy, and your vehicle's make and model is an important one. Things like the cost of repairs, the price of vehicle replacement parts, crash safety ratings and different safety features can all influence what you end up paying.

$3,538 Avg annual full coverage
insurance premium

$793 Avg annual min coverage
insurance premium

MSRP: $31,920

Trims available: EcoBoost, EcoBoost Premium, GT, GT Premium, Dark Horse, Dark Horse Premium

Repair costs

Ford Mustang repair costs skew cheaper; RepairPal estimates that it costs an average $709 per year in maintenance and repairs. The lower repair costs are largely due to the fact that most Mustang parts are made in the U.S. or Canada, which tend to cost less than imported parts.

Safety features

All trim levels of the 2025 Ford Mustang come with blind-spot warnings, cross-traffic alerts, automatic emergency braking and lane-keeping assistance. In theory, these safety features lower the chance of an accident, which should lower insurance costs. However, high-tech safety specs can be more expensive to repair, which can bring insurance costs up.

Crash ratings

The 2025 Ford Mustang received a generally positive safety rating from the Insurance Institute for Highway Safety (IIHS). However, it wasn't a Top Safety Pick. In general, cars that fare better in accidents are seen as lower risk, and are therefore usually cheaper to insure.

Cheapest car insurance companies for a Mustang

Just because Mustang car insurance can be expensive doesn't mean it has to be. While car insurance companies largely look at the same factors to set your rate, how each company weighs these factors is different. This is why it's so important to compare quotes before deciding on a car insurance company — you could find a better rate with another company.

How much does it cost to insure my Mustang?

To help get the comparison process started, Bankrate's insurance editorial team compiled average Ford Mustang car insurance rates from some of the nation's top providers.


State Farm	State Farm	$3,481	$3,481	- $57	- $57
Allstate	Allstate	$4,464	$4,464	+ $926	+ $926
USAA	USAA	$3,000	$3,000	- $538	- $538
Geico	Geico	$3,057	$3,057	- $481	- $481
Travelers	Travelers	$3,185	$3,185	- $353	- $353

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Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

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Advertising disclosure

This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

Insurance disclosure

Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

Other car insurance coverage for a Mustang

In most states, you'll need to carry a car insurance policy to register your vehicle. Each state has its own guidelines for how much coverage you need to have at a minimum, but these minimum requirements may not offer enough financial protection. For instance, you won't be covered for vehicle theft if you only have minimum coverage. You may want to consider building out your policy with these optional add-ons:

Comprehensive coverage: With comprehensive coverage, you can file a claim for a variety of different non-accident-related losses like vehicle theft, weather damage and animal collisions.
Collision coverage: This can help pay for your vehicle's repairs if you cause an accident. If you have both collision and comprehensive coverage, you'll have what's known as a full coverage car insurance policy.
Gap insurance: If you have a loan on your vehicle and your new car is totaled, this coverage can help pay the difference of what you owe to your financial lender.

How to get a Mustang car insurance quote

You can get an insurance quote for your car online, over the phone or in person, depending on the insurer. If you're in the market for a new vehicle, comparing quotes before you sign on the dotted line can help you determine how different models would fit into your budget. Here’s a step-by-step guide to gathering and comparing quotes:

Gather personal details: You’ll likely be asked to provide your name, address, date of birth and driver’s license number, as well as the make, model and year of your car — and potentially the vehicle identification number (VIN). If you haven't purchased a car yet, you may be able to get sample quotes by providing an agent with the make and model.
Use online quote tools: To expedite the process of shopping around, you might consider using comparison websites or apps that allow you to get quotes from multiple insurers at once. Alternatively, go directly to insurance company websites and use their online quote tools to receive personalized quotes.
Provide driver details and mileage: You could be asked for specific details about your vehicle, including add-on features or modifications. You might also need to provide your average annual mileage and how the vehicle is primarily used (e.g., for business purposes or personal use). Additionally, you’ll need to provide accurate information about all drivers who will be covered by the policy, including their driving history, age and relationship to you.
Review quotes: Compare the quotes you receive, paying attention to coverage options, limits, deductibles and overall cost. Insurance experts also recommend reviewing customer service scores, financial strength ratings, digital tools and customer reviews to get a holistic view of how a carrier will meet your needs.
Select carrier and apply: Choose the insurance policy that best fits your needs and budget. Complete the application process by providing any additional required information and making your first premium payment.

Compare Mustang with other similar cars

Ford Mustang Avg annual full coverage premium $3,538 Read More	Dodge Challenger Avg annual full coverage premium $3,683 Read More	Chevrolet Camaro Avg annual full coverage premium $3,063 See more models
Price (MSRP)
$31,920	$32,800	$32,500
NHTSA Safety rating The NHTSA uses a 5-star rating program to evaluate how vehicles perform in crash tests based on frontal, side and rollover collisions.
5 stars	5 stars	5 stars
Gas mileage
18-26 combined city/highway mpg	18-23 combined city/highway mpg	16-22 combined city/highway mpg
IIHS/HLDI Collision insurance losses The IIHS and HLDI collect data on how insurance losses for specific models compare to the average for all passenger vehicles. These results are adjusted for deductible and specifically for collision claim losses.
Substantially worse than average	Substantially worse than average	Substantially worse than average

Frequently asked questions

It costs an average of $295 per month for a full coverage Ford Mustang car insurance policy. To compare, the national average cost of a full coverage car insurance policy $223 per month.
Yes, your car insurance company will likely consider a Ford Mustang a sports car. Insuring a sports car will likely cost more; insurance companies tend to see them as higher-risk, and charge higher rates to account for it.
An easy way to lower your car insurance costs is to raise your deductible. But, if you go this route, you'll end up paying more money out of pocket if and when you file a claim. Consult your finances ahead of setting a higher deductible to ensure it's an amount you could reasonably pay in the event of an emergency.

Bankrate utilizes Quadrant Information Services to analyze July 2025 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Rates are weighted based on the population density in each geographic region. Quoted rates for our base profile are based on the following characteristics and full coverage limits with bundling and paperless billing discounts applied:

40 year old

Single male and female driver

2023 Toyota Camry

Primary vehicle

Good credit score

Clean driving record

Commutes 5 days

Bodily injury liability

$100,000 per person
$300,000 per accident

Property damage liability

$50,000 per accident

Personal injury protection

$100,000 per accident

Uninsured motorist bodily injury

$100,000 per person
$300,000 per accident

Collision deductible

$500

Comprehensive deductible

$500

To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. These are sample rates and should only be used for comparative purposes. Your quotes will differ.

If otherwise specified, the base profile has been modified with the following driver characteristics:

Other profiles

Rates were calculated based on the following insurance credit tiers assigned to our drivers: “poor, average, good (base) and excellent.” Insurance credit tiers factor in your official credit scores but are not dependent on that variable alone. Four states prohibit or limit the use of credit as a rating factor in determining auto insurance rates: California, Hawaii, Massachusetts and Michigan.
Rates were calculated by evaluating our base profile with the following incidents applied: clean record (base), at-fault accident, single speeding ticket, single DUI conviction and lapse in coverage.
Rates were calculated by evaluating our base profile with the following differences in mileage: 2K, 5K, 12K (base), 15K and 20K.
Unless otherwise stated, rates are for 2023 vehicle models. For new vs used vehicles, we included the following year in our calculations: 2013.
Rates were calculated by evaluating our base profile with the ages 18-70 (base: 40 years) applied. Depending on age, drivers may be a renter or homeowner. Age is not a contributing rating factor in Hawaii and Massachusetts due to state regulations. For teen drivers, rates were determined by adding a 16- or 17-year-old teen to their 40-year-old married parents' policy. The rates displayed reflect the total cost of a driver this age added to their parents’ policy.
The following states do not use gender as a determining factor in calculating premiums: California, Hawaii, Massachusetts, Michigan, North Carolina, Pennsylvania.
Rates were evaluated based on the following marital/family status: single (base), married, 40-year-old married man and woman. Marital status is not a rating factor in Hawaii and Massachusetts.