Ford Mustang vs. Chevy Camaro – Which Insurance is Cheaper?

Is Ford Mustang or Chevy Camaro insurance cheaper? We analyzed insurance costs for the 2015 through 2023 model years to find out which American muscle car has the cheapest insurance cost.

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  • When comparing the newest models, a Ford Mustang has less-expensive car insurance than a Chevrolet Camaro by an average of $396 per year.
  • For a 2023 Chevrolet Camaro, rates range from $1,700 to $2,216 per year, while insurance on a 2023 Ford Mustang ranges from $2,078 to $2,676 for full-coverage.
  • Average car insurance cost per month for the Chevrolet Camaro is 17.1% more expensive than the Ford Mustang, at $160 versus $193, a difference of $33.
  • Out of 26 models in the 2023 sports car segment, the Chevrolet Camaro ranks 15th and the Ford Mustang ranks third for most affordable car insurance rates.

Is car insurance cheaper on a Camaro or Mustang?

Insurance on a 2023 Ford Mustang costs an average of $1,914 per year, and insurance for a 2023 Chevrolet Camaro costs an average of $2,310 per year, making the Ford Mustang the cheaper of the two models to insure.

Out of 10 trims for the 2023 Ford Mustang, the cheapest average car insurance prices are on the Ecoboost Fastback trim at a cost of $1,700 per year.

Out of the 15 trims available for the Chevrolet Camaro, the cheapest 2023 trim to insure is the 1LT Convertible model at a cost of $2,078.

When looking at the aggregated rates by trim for both models, the cheapest trim to insure is the Ford Mustang Ecoboost Fastback at an average of $1,700 per year, and the highest-cost model and trim is the Chevrolet Camaro ZL1 Coupe at an average cost of $2,676 per year.

The table below ranks the 12-month and monthly car insurance cost for 2023 Ford Mustang and Chevrolet Camaro models, showing average premium cost for each trim level.

2023 Ford Mustang vs Chevrolet Camaro Insurance Cost by Trim Level
Model and Trim Level Annual Cost Monthly Cost
$1,700$142
$1,754$146
$1,838$153
$1,872$156
$1,904$159
$1,988$166
$2,024$169
$2,076$173
$2,078$173
$2,112$176
$2,116$176
$2,178$182
$2,180$182
$2,194$183
$2,216$185
$2,224$185
$2,248$187
$2,268$189
$2,312$193
$2,336$195
$2,400$200
$2,444$204
$2,450$204
$2,514$210
$2,676$223

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Table Data Details: Average annual and monthly cost assumes a clean driving record and no at-fault accidents for a 40-year-old driver rated on a 2023 Ford Mustang and a 2023 Chevrolet Camaro. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on February 5, 2023
2023 Ford Mustang vs Chevrolet Camaro Insurance Cost by Trim Level

The chart shown below displays the average cost to insure both models for four different driver age groups. The average car insurance cost ranges from $1,742 to $3,780 per year for a 2023 Ford Mustang, and $2,102 to $4,576 for a 2023 Chevrolet Camaro for the age groups used in the chart.

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Chart Data Details: Average insurance rates are for a 2023 Ford Mustang and a 2023 Chevrolet Camaro with safe driver and claim-free discounts applied. Physical damage deductibles are $500 and rates are averaged across all U.S. states. Rates are also averaged for all Ford Mustang and Chevrolet Camaro trim levels.Data last updated on December 30, 2022
2023 Ford Mustang vs. 2023 Chevrolet Camaro Insurance Cost
2023 Ford Mustang vs. Chevrolet Camaro Insurance Cost
Vehicle Make/Model Driver Age 20 Driver Age 30 Driver Age 40 Driver Age 50
Ford Mustang$3,780$2,014$1,914$1,742
Chevrolet Camaro$4,576$2,426$2,310$2,102

The tables shown below illustrate trim level insurance cost averages for both 2023 models, including the average rate for each model. The winner for the 2023 car insurance rate comparison is the Ford Mustang.

2023 Ford Mustang

$1,914

Insurance Rates by Trim Level for 2023 Ford Mustang
2023 Ford Mustang TrimsRate
Ecoboost Fastback$1,700
Ecoboost Premium Fastback1,754
Ecoboost Convertible1,838
GT Fastback1,872
Ecoboost Premium Convertible1,904
GT Premium Fastback1,988
GT Premium Convertible2,024
Mach-12,076
Mach-1 Premium2,112
Shelby GT5002,216
2023 Ford Mustang Average Rate$1,914

2023 Chevrolet Camaro

$2,310

Insurance Rates by Trim Level for 2023 Ford Mustang
2023 Chevrolet Camaro TrimsRate
1LT Convertible$2,078
2LT Convertible2,116
1LS Coupe2,178
3LT Convertible2,180
1LT Coupe2,194
LT1 Convertible2,224
2LT Coupe2,248
1SS Convertible2,268
2SS Convertible2,312
3LT Coupe2,336
LT1 Coupe2,400
ZL1 Convertible2,444
1SS Coupe2,450
2SS Coupe2,514
ZL1 Coupe2,676
2023 Chevrolet Camaro Average Rate$2,310

2022 Ford Mustang vs. Chevrolet Camaro

Average car insurance on a 2022 Chevrolet Camaro costs $2,310 per year and Ford Mustang insurance costs an average of $1,914 per year. That’s a difference of $396 or 17.1%, which means the Ford Mustang costs less to insure on average.

For model years prior to 2022, average auto insurance costs for each model compare as shown in the list below. Click on a model year to read the complete cost comparisons.

The next sections break down average car insurance rates for the Mustang and Camaro. Charts compare average overall rates, and tables compare trim level rates for each of the two sports cars.

2022 Mustang vs Camaro Insurance Cost

The table below compares annual and monthly car insurance cost for the 2022 Ford Mustang and Chevrolet Camaro. Rates for both models are combined and sorted from lowest to highest cost to allow for easy comparison by trim level.

2022 Ford Mustang vs Chevrolet Camaro Insurance Cost by Trim Level
Model and Trim Level Annual Cost Monthly Cost
$1,520$127
$1,574$131
$1,622$135
$1,672$139
$1,674$140
$1,722$144
$1,776$148
$1,840$153
$1,888$157
$2,120$177
$2,134$178
$2,142$179
$2,152$179
$2,160$180
$2,204$184
$2,224$185
$2,256$188
$2,292$191
$2,294$191
$2,340$195
$2,346$196
$2,396$200
$2,456$205
$2,466$206
$2,610$218

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Table Data Details: Average annual and monthly cost assumes a clean driving record and no at-fault accidents for a 40-year-old driver rated on a 2022 Ford Mustang and a 2022 Chevrolet Camaro. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on February 5, 2023
2022 Ford Mustang vs Chevrolet Camaro Insurance Cost by Trim Level

The bar chart below compares average Ford Mustang insurance to average Chevy Camaro insurance in order to determine which 2022 model has cheaper car insurance rates.

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Chart Data Details: Average insurance rates are for a 2022 Ford Mustang and a 2022 Chevrolet Camaro with safe driver and claim-free discounts applied. Physical damage deductibles are $500 and rates are averaged across all U.S. states. Rates are also averaged for all Ford Mustang and Chevrolet Camaro trim levels.Data last updated on December 30, 2022
2022 Ford Mustang vs. 2022 Chevrolet Camaro Insurance Cost
2022 Ford Mustang vs. Chevrolet Camaro Insurance Cost
Vehicle Make/Model Driver Age 20 Driver Age 30 Driver Age 40 Driver Age 50
Ford Mustang$3,442$1,840$1,742$1,586
Chevrolet Camaro$4,560$2,406$2,298$2,094

The tables below detail insurance rates for all trim levels of 2022 Mustang and Camaro models. The 2022 Ford Mustang has an average insurance cost of $1,742 and the 2022 Chevrolet Camaro is $2,298, making the Ford Mustang cheaper by $556 per year.

2022 Ford Mustang

$1,742

Insurance Rates by Trim Level for 2022 Ford Mustang
2022 Ford Mustang TrimsRate
Ecoboost Fastback$1,520
Ecoboost Convertible1,574
Ecoboost Premium Fastback1,622
GT Fastback1,672
Ecoboost Premium Convertible1,674
GT Premium Fastback1,722
GT Premium Convertible1,776
Mach-11,840
Mach-1 Premium1,888
Shelby GT5002,142
2022 Ford Mustang Average Rate$1,742

2022 Chevrolet Camaro

$2,298

Insurance Rates by Trim Level for 2022 Ford Mustang
2022 Chevrolet Camaro TrimsRate
1LT Convertible$2,120
1LS Coupe2,134
1LT Coupe2,152
2LT Convertible2,160
2LT Coupe2,204
3LT Convertible2,224
LT1 Convertible2,256
3LT Coupe2,292
1SS Convertible2,294
LT1 Coupe2,340
2SS Convertible2,346
1SS Coupe2,396
2SS Coupe2,456
ZL1 Convertible2,466
ZL1 Coupe2,610
2022 Chevrolet Camaro Average Rate$2,298

2021 Ford Mustang vs. Chevrolet Camaro

For the 2021 Ford Mustang and Chevrolet Camaro models, the Ford Mustang has cheaper car insurance rates by an average of $412 per year.

The chart below illustrates the average cost to insure both models using drivers aged 20 to 50. For a 2021 Ford Mustang, insurance cost ranges from $1,558 to $3,386 per year for these driver ages. A 2021 Chevrolet Camaro costs from $1,938 to $4,220 to insure per year.

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Chart Data Details: Average insurance rates are for a 2021 Ford Mustang and a 2021 Chevrolet Camaro with safe driver and claim-free discounts applied. Physical damage deductibles are $500 and rates are averaged across all U.S. states. Rates are also averaged for all Ford Mustang and Chevrolet Camaro trim levels.Data last updated on December 30, 2022
2021 Ford Mustang vs. 2021 Chevrolet Camaro Insurance Cost
2021 Ford Mustang vs. Chevrolet Camaro Insurance Cost
Vehicle Make/Model Driver Age 20 Driver Age 30 Driver Age 40 Driver Age 50
Ford Mustang$3,386$1,806$1,712$1,558
Chevrolet Camaro$4,220$2,214$2,124$1,938

Out of 12 trims for the 2021 Ford Mustang, the cheapest rates are on the Ecoboost Coupe trim at a cost of $1,492 per year, or around $124 per month. Out of the nine trims available for the Chevrolet Camaro, the cheapest 2021 trim to insure is the LT Convertible trim at a cost of $1,790 per year, or about $149 per month.

When comparing both models at a trim-level basis, the cheapest model and trim level to insure is the Ford Mustang Ecoboost Coupe at an average cost of $1,492 per year. The overall most expensive vehicle to insure is the Chevrolet Camaro ZL1 Coupe costing an average of $2,662 per year.

The rate tables below show average car insurance rates for each trim level, including an overall average cost for each model.

2021 Ford Mustang

$1,712

Insurance Rates by Trim Level for 2021 Ford Mustang
2021 Ford Mustang TrimsRate
Ecoboost Coupe$1,492
Ecoboost Convertible1,550
Ecoboost Premium Coupe1,590
GT Coupe1,638
Ecoboost Premium Convertible1,646
GT Premium Coupe1,686
Mach-E1,694
GT Premium Convertible1,744
Bullitt Coupe1,786
Mach-11,800
Mach-1 Premium1,848
Shelby GT5002,100
2021 Ford Mustang Average Rate$1,712

2021 Chevrolet Camaro

$2,124

Insurance Rates by Trim Level for 2021 Ford Mustang
2021 Chevrolet Camaro TrimsRate
LT Convertible$1,790
LT Convertible 4 Cyl Turbo1,834
SS Convertible1,938
LS Coupe2,102
LT Coupe2,112
LT Coupe 4 Cyl Turbo2,112
ZL1 Convertible2,158
SS Coupe2,386
ZL1 Coupe2,662
2021 Chevrolet Camaro Average Rate$2,124

2020 Mustang vs Camaro Insurance Cost

When comparing insurance rates for 2020 models, the Ford Mustang costs an average of $1,668 per year to insure and the Chevrolet Camaro costs $2,098, making the Ford Mustang the winner by $430 for this model year.

The chart below illustrates the average cost to insure the two models for four different driver age groups. Average insurance cost ranges from $1,522 to $3,304 per year for a 2020 Ford Mustang, and $1,912 to $4,174 for a 2020 Chevrolet Camaro for the included age groups.

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Chart Data Details: Average insurance rates are for a 2020 Ford Mustang and a 2020 Chevrolet Camaro with safe driver and claim-free discounts applied. Physical damage deductibles are $500 and rates are averaged across all U.S. states. Rates are also averaged for all Ford Mustang and Chevrolet Camaro trim levels.Data last updated on December 30, 2022
2020 Ford Mustang vs. 2020 Chevrolet Camaro Insurance Cost
2020 Ford Mustang vs. Chevrolet Camaro Insurance Cost
Vehicle Make/Model Driver Age 20 Driver Age 30 Driver Age 40 Driver Age 50
Ford Mustang$3,304$1,760$1,668$1,522
Chevrolet Camaro$4,174$2,186$2,098$1,912

Out of 10 Ford Mustang trim levels, the cheapest 2020 trim to insure is the Ecoboost Coupe trim at an average cost of $1,470 per year, or about $123 per month.

Out of the nine trim levels available for the Chevrolet Camaro, the cheapest 2020 model to insure is the LT Convertible model at a cost of $1,772.

When rates for all 19 trim levels for both vehicles are compared, the cheapest trim to insure is the Ford Mustang Ecoboost Coupe at an average of $1,470 per year. The highest-cost model and trim is the Chevrolet Camaro ZL1 Coupe at an average cost of $2,628 per year.

The next tables illustrate all the available trims for both 2020 models, including an overall average rate. The model with the cheapest average car insurance rates for 2020 is the Ford Mustang.

2020 Ford Mustang

$1,668

Insurance Rates by Trim Level for 2020 Ford Mustang
2020 Ford Mustang TrimsRate
Ecoboost Coupe$1,470
Ecoboost Convertible1,528
Ecoboost Premium Coupe1,566
GT Coupe1,614
Ecoboost Premium Convertible1,622
GT Premium Coupe1,662
GT Premium Convertible1,720
Shelby GT350 Coupe1,724
Bullitt Coupe1,758
Shelby GT500 Convertible2,054
2020 Ford Mustang Average Rate$1,668

2020 Chevrolet Camaro

$2,098

Insurance Rates by Trim Level for 2020 Ford Mustang
2020 Chevrolet Camaro TrimsRate
LT Convertible$1,772
LT Convertible 4 Cyl Turbo1,812
SS Convertible1,916
LS Coupe2,080
LT Coupe2,088
LT Coupe 4 Cyl Turbo2,088
ZL1 Convertible2,130
SS Coupe2,356
ZL1 Coupe2,628
2020 Chevrolet Camaro Average Rate$2,098

2019 Mustang vs Camaro Insurance Cost

When comparing average insurance rates for the 2019 Ford Mustang and Chevrolet Camaro models, the Ford Mustang has cheaper rates by an average of $346 per year for this comparison year.

The next chart visualizes the average cost to insure both models for different driver ages. The average cost of car insurance ranges from $1,472 to $3,198 per year for a 2019 Ford Mustang, and $1,786 to $3,906 for a 2019 Chevrolet Camaro for these driver ages.

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Chart Data Details: Average insurance rates are for a 2019 Ford Mustang and a 2019 Chevrolet Camaro with safe driver and claim-free discounts applied. Physical damage deductibles are $500 and rates are averaged across all U.S. states. Rates are also averaged for all Ford Mustang and Chevrolet Camaro trim levels.Data last updated on December 30, 2022
2019 Ford Mustang vs. 2019 Chevrolet Camaro Insurance Cost
2019 Ford Mustang vs. Chevrolet Camaro Insurance Cost
Vehicle Make/Model Driver Age 20 Driver Age 30 Driver Age 40 Driver Age 50
Ford Mustang$3,198$1,694$1,616$1,472
Chevrolet Camaro$3,906$2,046$1,962$1,786

The 2019 Ford Mustang has 10 trim levels available, with the cheapest trim level to insure being the Ecoboost Convertible model at an average cost of $1,374 per year, or about $115 per month.

For the seven trims available for the Chevrolet Camaro, the cheapest 2019 trim to insure is the LT Convertible trim at a cost of $1,586 per year, or around $132 per month.

When comparing rates by trim level for both models, the cheapest model and trim level to insure is the Ford Mustang Ecoboost Convertible at an average of $1,374 per year. The highest-cost model and trim level is the Chevrolet Camaro ZL1 Coupe costing $2,448 per year.

The tables shown below illustrate average car insurance rates for every trim level for both 2019 models, including an overall average cost for each model.

2019 Ford Mustang

$1,616

Insurance Rates by Trim Level for 2019 Ford Mustang
2019 Ford Mustang TrimsRate
Ecoboost Convertible$1,374
Ecoboost Premium Convertible1,466
Ecoboost Coupe1,492
GT Premium Convertible1,514
Ecoboost Premium Coupe1,600
GT Coupe1,644
Shelby GT350 Convertible1,650
GT Premium Coupe1,690
Bullitt Coupe1,814
Shelby GT350R Coupe1,906
2019 Ford Mustang Average Rate$1,616

2019 Chevrolet Camaro

$1,962

Insurance Rates by Trim Level for 2019 Ford Mustang
2019 Chevrolet Camaro TrimsRate
LT Convertible$1,586
SS Convertible1,718
LS Coupe1,936
LT Coupe1,936
ZL1 Convertible1,946
SS Coupe2,146
ZL1 Coupe2,448
2019 Chevrolet Camaro Average Rate$1,962

2018 Mustang vs Camaro Insurance Cost

When comparing insurance cost for 2018 models, a Ford Mustang costs an average of $1,836 per year to insure and a Chevrolet Camaro costs $1,916, making the Ford Mustang cheaper to insure by $80 per year for 2018.

The rate chart below visualizes the average cost to insure both 2018 models rated for a variety of different driver ages. The average car insurance cost ranges from $1,676 to $3,656 per year for a 2018 Ford Mustang, and $1,748 to $3,822 for a 2018 Chevrolet Camaro for the age groups used in the chart.

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Chart Data Details: Average insurance rates are for a 2018 Ford Mustang and a 2018 Chevrolet Camaro with safe driver and claim-free discounts applied. Physical damage deductibles are $500 and rates are averaged across all U.S. states. Rates are also averaged for all Ford Mustang and Chevrolet Camaro trim levels.Data last updated on December 30, 2022
2018 Ford Mustang vs. 2018 Chevrolet Camaro Insurance Cost
2018 Ford Mustang vs. Chevrolet Camaro Insurance Cost
Vehicle Make/Model Driver Age 20 Driver Age 30 Driver Age 40 Driver Age 50
Ford Mustang$3,656$1,918$1,836$1,676
Chevrolet Camaro$3,822$1,998$1,916$1,748

For the eight trims available for the 2018 Ford Mustang, the cheapest trim level to insure is the Ecoboost Convertible trim at an average cost of $1,340 per year, or about $112 per month.

Out of the seven trims available for the Chevrolet Camaro, the cheapest 2018 trim level to insure is the LT Convertible model at a cost of $1,550 per year, or around $129 per month.

When trim-level rates for both models are compared, the most affordable model and trim level to insure is the Ford Mustang Ecoboost Convertible at an average cost of $1,340 per year. The highest-cost model and trim level is the Chevrolet Camaro ZL1 Coupe at an average cost of $2,384 per year.

The next two rate tables display the average cost to insure all 2018 trim levels, as well as the overall average rate for each model. The 2018 Ford Mustang takes the trophy over the 2018 Chevrolet Camaro for cheapest auto insurance rates.

2018 Ford Mustang

$1,836

Insurance Rates by Trim Level for 2018 Ford Mustang
2018 Ford Mustang TrimsRate
Ecoboost Convertible$1,340
Ecoboost Premium Convertible1,538
GT Premium Convertible1,584
Ecoboost Coupe1,864
Ecoboost Premium Coupe1,976
GT Coupe2,022
GT Premium Coupe2,078
Shelby GT350 Coupe2,298
2018 Ford Mustang Average Rate$1,836

2018 Chevrolet Camaro

$1,916

Insurance Rates by Trim Level for 2018 Ford Mustang
2018 Chevrolet Camaro TrimsRate
LT Convertible$1,550
SS Convertible1,674
ZL1 Convertible1,894
LS Coupe1,896
LT Coupe1,908
SS Coupe2,096
ZL1 Coupe2,384
2018 Chevrolet Camaro Average Rate$1,916

2017 Mustang vs Camaro Insurance Cost

When comparing insurance rates for the 2017 Ford Mustang and Chevrolet Camaro models, the Chevrolet Camaro is cheaper by an average of $50 per year.

The rate chart below demonstrates the average cost to insure the two models using drivers aged 20 to 50. For a 2017 Ford Mustang, average insurance cost ranges from $1,614 to $3,518 per year for these driver ages. A 2017 Chevrolet Camaro costs from $1,570 to $3,418 to insure per year.

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Chart Data Details: Average insurance rates are for a 2017 Ford Mustang and a 2017 Chevrolet Camaro with safe driver and claim-free discounts applied. Physical damage deductibles are $500 and rates are averaged across all U.S. states. Rates are also averaged for all Ford Mustang and Chevrolet Camaro trim levels.Data last updated on December 30, 2022
2017 Ford Mustang vs. 2017 Chevrolet Camaro Insurance Cost
2017 Ford Mustang vs. Chevrolet Camaro Insurance Cost
Vehicle Make/Model Driver Age 20 Driver Age 30 Driver Age 40 Driver Age 50
Ford Mustang$3,518$1,840$1,768$1,614
Chevrolet Camaro$3,418$1,786$1,718$1,570

For the nine trims available for the 2017 Ford Mustang, the cheapest trim to insure is the Convertible trim at an average cost of $1,396 per year, or about $116 per month. The 2017 Chevrolet Camaro has seven trim levels available, with the cheapest trim level to insure being the LT Convertible trim at an average cost of $1,534 per year, or around $128 per month.

When comparing car insurance rates for both models by trim level, the overall cheapest vehicle to insure is the Ford Mustang Convertible at a cost of $1,396 per year, and the most expensive vehicle to insure is the Ford Mustang Shelby GT350 Coupe at an average cost of $2,170 per year.

The tables shown below illustrate trim level insurance cost averages for both 2017 models, including an overall average cost for each model.

2017 Ford Mustang

$1,768

Insurance Rates by Trim Level for 2017 Ford Mustang
2017 Ford Mustang TrimsRate
Convertible$1,396
Ecoboost Premium Convertible1,436
GT Premium Convertible1,518
Coupe1,804
Ecoboost Coupe1,804
Ecoboost Premium Coupe1,858
GT Coupe1,912
GT Premium Coupe2,008
Shelby GT350 Coupe2,170
2017 Ford Mustang Average Rate$1,768

2017 Chevrolet Camaro

$1,718

Insurance Rates by Trim Level for 2017 Ford Mustang
2017 Chevrolet Camaro TrimsRate
LT Convertible$1,534
ZL1 Convertible1,534
SS 2 Convertible1,616
SS Convertible1,616
LT Coupe1,846
ZL1 Coupe1,846
SS Coupe2,022
2017 Chevrolet Camaro Average Rate$1,718

2016 Mustang vs Camaro Insurance Cost

When comparing insurance cost for 2016 models, a Ford Mustang costs an average of $1,602 per year to insure and a Chevrolet Camaro costs $1,672, making the Ford Mustang cheaper to insure by $70 per year for this comparison year.

The next chart demonstrates the average cost to insure the two models with different drivers at the wheel. Average insurance cost ranges from $1,464 to $3,190 per year for a 2016 Ford Mustang, and $1,528 to $3,326 for a 2016 Chevrolet Camaro for the included driver ages.

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Chart Data Details: Average insurance rates are for a 2016 Ford Mustang and a 2016 Chevrolet Camaro with safe driver and claim-free discounts applied. Physical damage deductibles are $500 and rates are averaged across all U.S. states. Rates are also averaged for all Ford Mustang and Chevrolet Camaro trim levels.Data last updated on December 30, 2022
2016 Ford Mustang vs. 2016 Chevrolet Camaro Insurance Cost
2016 Ford Mustang vs. Chevrolet Camaro Insurance Cost
Vehicle Make/Model Driver Age 20 Driver Age 30 Driver Age 40 Driver Age 50
Ford Mustang$3,190$1,672$1,602$1,464
Chevrolet Camaro$3,326$1,732$1,672$1,528

For the nine trims available for the 2016 Ford Mustang, the cheapest trim level to insure is the Convertible trim at an average cost of $1,216 per year. Out of the five trims available for the Chevrolet Camaro, the cheapest 2016 model to insure is the LT Convertible model at a cost of $1,454.

When average car insurance prices for all 14 trims of both models are combined and sorted by cost, the lowest-cost model and trim to insure is the Ford Mustang Convertible at an average cost of $1,216 per year, and the most expensive vehicle to insure is the Ford Mustang Shelby GT350 Coupe costing an average of $1,958 per year.

The next tables illustrate average car insurance rates for every trim level for both 2016 models, along with an average cost for each model. The winner for the 2016 car insurance battle is the Ford Mustang.

2016 Ford Mustang

$1,602

Insurance Rates by Trim Level for 2016 Ford Mustang
2016 Ford Mustang TrimsRate
Convertible$1,216
Ecoboost Premium Convertible1,294
GT Premium Convertible1,370
Coupe1,632
Ecoboost Coupe1,658
Ecoboost Premium Coupe1,710
GT Coupe1,760
GT Premium Coupe1,840
Shelby GT350 Coupe1,958
2016 Ford Mustang Average Rate$1,602

2016 Chevrolet Camaro

$1,672

Insurance Rates by Trim Level for 2016 Ford Mustang
2016 Chevrolet Camaro TrimsRate
LT Convertible$1,454
SS Convertible1,570
SS 2 Convertible1,610
LT Coupe1,774
SS Coupe1,942
2016 Chevrolet Camaro Average Rate$1,672

2015 Mustang vs Camaro Insurance Cost

When comparing insurance cost for 2015 models, a Ford Mustang costs an average of $1,516 per year to insure and a Chevrolet Camaro costs $1,630, making the Ford Mustang cheaper to insure by $114 per year.

The rate chart below demonstrates the average cost to insure both 2015 models using different driver ages. For a 2015 Ford Mustang, average car insurance cost ranges from $1,382 to $3,002 per year for the example age groups. A 2015 Chevrolet Camaro costs from $1,488 to $3,238 to insure per year.

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Chart Data Details: Average insurance rates are for a 2015 Ford Mustang and a 2015 Chevrolet Camaro with safe driver and claim-free discounts applied. Physical damage deductibles are $500 and rates are averaged across all U.S. states. Rates are also averaged for all Ford Mustang and Chevrolet Camaro trim levels.Data last updated on December 30, 2022
2015 Ford Mustang vs. 2015 Chevrolet Camaro Insurance Cost
2015 Ford Mustang vs. Chevrolet Camaro Insurance Cost
Vehicle Make/Model Driver Age 20 Driver Age 30 Driver Age 40 Driver Age 50
Ford Mustang$3,002$1,582$1,516$1,382
Chevrolet Camaro$3,238$1,698$1,630$1,488

For the 11 trim levels available for the 2015 Ford Mustang, the cheapest trim level to insure is the Convertible trim at an average cost of $1,234 per year.

The 2015 Chevrolet Camaro has eight trim levels available, with the cheapest trim to insure being the LT Convertible trim at an average cost of $1,306 per year.

When rates are compared for the 19 trim levels of both 2015 models, the cheapest trim to insure is the Ford Mustang Convertible at a cost of $1,234 per year, and the most expensive model and trim level is the Chevrolet Camaro Z/28 Coupe costing an average of $2,054 per year.

The next tables show average car insurance cost by trim level for a 2015 Ford Mustang and Chevrolet Camaro, including an overall average cost for each model. The winner for the 2015 car insurance comparison is the Ford Mustang.

2015 Ford Mustang

$1,516

Insurance Rates by Trim Level for 2015 Ford Mustang
2015 Ford Mustang TrimsRate
Convertible$1,234
Ecoboost Premium Convertible1,304
GT 50 YR Limited Edition Convertible1,374
GT Premium Convertible1,374
Coupe1,476
Ecoboost Coupe1,512
Ecoboost Premium Coupe1,558
GT Coupe1,594
GT Premium Coupe1,678
GT 50 YR Limited Edition Coupe1,786
Shelby GT350 Coupe1,786
2015 Ford Mustang Average Rate$1,516

2015 Chevrolet Camaro

$1,630

Insurance Rates by Trim Level for 2015 Ford Mustang
2015 Chevrolet Camaro TrimsRate
LT Convertible$1,306
SS Convertible1,380
LS Coupe1,542
ZL1 Convertible1,558
LT Coupe1,578
SS Coupe1,686
ZL1 Coupe1,934
Z/28 Coupe2,054
2015 Chevrolet Camaro Average Rate$1,630

Additional Ford Mustang and Chevrolet Camaro Resources