Ford Mustang Car Insurance Calculator

Gain insights into how different factors influence insurance rates for a Ford Mustang. Customize factors such as your location, homeowner status, and credit score to see how rates are affected. Immediately see if the selections you make raise or lower your rate.

The average estimated car insurance premium for a 2024 Ford Mustang is $2,572 per year, or about $214 per month. This is based on a 40-year-old male driver with no prior driving violations or at-fault accidents. Comprehensive and collision deductibles are $500 and Uninsured and Underinsured Motorist (UM/UIM) coverage is included.

Annual Premium

$2,572

Cost Per Month

$214

The Annual Premium and Cost Per Month change instantly as you adjust calculator options.

If you change a factor that results in a higher insurance cost, the rates turn red. If you adjust a factor that saves money, the rates turn green. For a detailed explanation of each rate change, click the blue button above.

Quick Guide to Using the Insurance Rate Calculator

  1. Update Options: Adjust any settings in the form below.
  2. Observe Rate Changes: Watch how the Annual Premium at the bottom of the page changes.
  3. Get Detailed Insights: Click the blue up arrow button for an explanation of the rate change.

Key Features:

Ford Mustang Options

Driver Options

Insurability Factors

Policy Coverages

Calculated vs. Average Rate

Discover how your personalized car insurance rate compares to the average annual premium for a Ford Mustang.

As you adjust the calculator settings, the 'Your Rate' value dynamically shifts left or right on the rate range bar. This movement visually demonstrates how your rate compares to the typical insurance cost for this vehicle model.

For continuous comparison while you explore different settings, you have the option to pin this rate range bar to the bottom of your screen.

$2,572
Average Rate
Your Rate
$2,572

The 'Average Rate' is calculated based on default options for a typical driver profile: a 40-year-old married male with good credit, no prior accidents or violations, current car insurance coverage, and homeownership. The coverage includes collision and comprehensive coverage with $500 deductibles, liability limits of 100/300/100, and includes Uninsured/Underinsured Motorist and Medical Payments coverages.

Changing the Model Year option in the calculator will reset the Average Rate to the average cost to insure that specific model year Ford Mustang.

The 'Average Rate' is a combined value for all Ford Mustang trim levels.

Insurance Rate Analysis

Your personalized insurance analysis will appear below after modifying any options in the calculator settings above.

Based on the default settings in the calculator options, the annual premium for a 2024 Ford Mustang is $2,572.

After making any changes in the calculator settings, this section will explain the choices that have a positive effect on either rates or coverage, as well as those that have a negative effect.

Factors That Favorably Influence Your Rates and Coverage

There are many things that have a positive effect on your rates, like being a mature driver, being married, having great credit, owning your home, and more.

Once you've fine-tuned the settings in our calculator, this section will provide an analysis of all the factors that have contributed to reducing your rates or improving your coverage options.

Factors That Could Increase Rates or Result in Coverage Gaps

Certain circumstances may lead to higher insurance rates or potential gaps in your coverage. These include life events such as being involved in at-fault accidents, incurring driving violations, experiencing lapses in coverage, or simply being a younger driver. While not all of these factors are within your control, many can be managed to mitigate their impact.

As you adjust the settings in our calculator, this section will detail and explain all the factors that have contributed to higher rates or reduced levels of coverage.

2024 Ford Mustang vs. the Sports Car Segment

The table below compares insurance rates for the 2024 Ford Mustang against all other models in the sports car segment. The Ford Mustang is highlighted in light orange, and the segment's average insurance rate is in light blue.

Annual Premium values in the table are based on the current selections in the rate calculator settings.

The Difference column indicates the annual premium variance between each model shown and the Ford Mustang, with green values denoting cheaper rates and red values indicating more expensive rates compared to the Ford Mustang.

After choosing a vehicle trim level in the calculator options, the rates shown will reflect your choice.

2024 Ford Mustang Segment Insurance Cost Comparison
Rank Make and Model Annual Premium Difference
1Mazda MX-5 Miata$2,166-$406
2Toyota GR86$2,468-$104
3Ford Mustang$2,572--
4BMW Z4$2,590$18
5Subaru WRX$2,624$52
6Toyota GR Supra$2,632$60
7BMW M2$2,708$136
8Nissan Z$2,716$144
9Lexus RC F$2,766$194
10Subaru BRZ$2,802$230
11BMW M3$2,960$388
12Porsche 718$3,016$444
13Chevrolet Camaro$3,044$472
2024 Sports Car Average$3,222$650
14Chevrolet Corvette$3,244$672
15Porsche 911$3,356$784
16BMW M4$3,494$922
17Lexus LC 500$3,514$942
18Jaguar F-Type$3,694$1,122
19Mercedes-Benz AMG GT53$3,876$1,304
20Porsche Taycan$3,968$1,396
21Mercedes-Benz SL 55$4,520$1,948
22Nissan GT-R$4,562$1,990
23Mercedes-Benz SL 63$4,812$2,240

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each model.

2024 Mustang Insurance Rates by Trim Level

The table below shows insurance rates for all trim levels available for the 2024 Ford Mustang.

Annual Premium and Cost Per Month values show in the table are based on the current selections in the rate calculator settings. After setting the trim level option in the calculator settings, it will be highlighted in the table.

2024 Ford Mustang Insurance Rates by Trim Level
2024 Ford Mustang Trim Level Annual Premium Cost Per Month
Ecoboost Fastback$2,206$184
Ecoboost Premium Fastback$2,352$196
Ecoboost Convertible$2,516$210
Ecoboost Premium Convertible$2,570$214
GT Fastback$2,576$215
GT Premium Fastback$2,646$221
GT Premium Convertible$2,712$226
Dark Horse$2,778$232
Dark Horse Premium$2,808$234

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included.

Insurance Rates by Driver Age

The table below shows average car insurance rates for the 2024 Ford Mustang for different driver ages.

2024 Ford Mustang Insurance Cost for Drivers Aged 16 to 80
Driver Age Annual Premium Cost Per Month
16$9,134$761
17$8,832$736
18$7,889$657
19$7,205$600
20$5,519$460
21$5,266$439
22$4,717$393
23$3,900$325
24$3,680$307
25$2,986$249
30$2,742$229
35$2,650$221
40$2,572$214
45$2,410$201
50$2,286$191
55$2,130$178
60$2,138$178
65$2,272$189
70$2,458$205
75$2,892$241
80$3,556$296

Data Methodology: Rated driver is male and has no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Drivers under the age of 25 are considered single, while drivers 25 and over are rated as married. Annual premium is averaged for all Ford Mustang trim levels.

Average Rates by Model Year

The table below shows average car insurance rates for different model years of the Ford Mustang.

These values do not change with the calculator settings. These rates provide a "base average rate" to compare your calculated rate to, and the highlighted row indicates the currently selected model year.

Changing the calculator settings will cause your rate to move higher or lower than the average annual premium.

If the calculated 'Annual Premium' shown at the bottom of your screen is higher than the highlighted annual premium in the table, refer to the insurance analysis section to find out what factors might be causing the increase.

Average Ford Mustang Insurance Rates by Model Year
Model Year and Vehicle Annual Premium Cost Per Month
2024 Ford Mustang$2,572$214
2023 Ford Mustang$2,514$210
2022 Ford Mustang$2,252$188
2021 Ford Mustang$2,216$185
2020 Ford Mustang$2,128$177
2019 Ford Mustang$2,040$170
2018 Ford Mustang$2,274$190
2017 Ford Mustang$2,186$182
2016 Ford Mustang$1,938$162
2015 Ford Mustang$1,830$153
2014 Ford Mustang$1,804$150
2013 Ford Mustang$1,628$136

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all Ford Mustang trim levels for each model year.