Ford Mustang Mach-E Car Insurance Rates

How much will it cost to insure a Ford Mustang Mach-E?

We analyzed rate quotes from the Select model to the more appointed GT Performance eAWD trim to look at how insurance rates on a Mustang Mach-E measure up to the entire small SUV segment.

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  • Ford Mustang Mach-E insurance costs an average of $2,048 per year for a full coverage policy, but can vary based on driver age and location.
  • The Ford Mustang Mach-E is one of the more expensive 2023 small SUVs to insure, costing $399 more per year on average as compared to the rest of the vehicles in the segment.

How much does Ford Mustang Mach-E insurance cost?

Mustang Mach-E insurance costs $2,048 a year, or about $171 each month. Expect to pay approximately $399 more annually to insure a Mach-E compared to the overall small SUV class average rate of $1,649, and $320 more per year than the all-vehicle national average of $1,728.

The following rate chart illustrates how Mustang Mach-E insurance cost fluctuates based on a variety of driver ages and the choice of physical damage coverage deductibles. The average rate for the Mach-E is for a 40-year-old driver with $500 physical damage deductibles.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Chart shows average insurance cost for a 2023 Ford Mustang Mach-E with safe driver and claim-free discounts applied. Rates are for full-coverage insurance and averaged for all U.S. states and all Ford Mustang Mach-E trim levels.Data last updated on August 12, 2023
Ford Mustang Mach-E Car Insurance Rates
2023 Ford Mustang Mach-E Insurance Cost by Driver Age and Deductibles
Driver Age Deductible Annual Cost Monthly Cost
20$1,000$3,434$286
$500$4,084$340
$250$4,770$398
30$1,000$1,800$150
$500$2,162$180
$250$2,540$212
40$1,000$1,716$143
$500$2,048$171
$250$2,394$200
50$1,000$1,566$131
$500$1,866$156
$250$2,178$182
60$1,000$1,536$128
$500$1,830$153
$250$2,136$178

Some additional important data observations about insuring a Ford Mustang Mach-E include:

  • Get cheaper rates by researching discounts. Discounts may be available if the policyholders choose electronic billing, take a defensive driving course, belong to certain professional organizations, drive low annual mileage, or many other discounts which could save the average driver as much as $348 per year.
  • Prepare for sticker shock for high risk insurance. For a 40-year-old driver, having enough accidents and violations to require a high-risk insurance policy could end up with a rate increase of $2,464 or more per year.
  • Driver gender influences rates. For a 2023 Ford Mustang Mach-E, a 20-year-old man will pay an average rate of $4,084 per year, while a 20-year-old female driver pays $3,018, a difference of $1,066 per year. The females get much better rates. But by age 50, male driver rates are $1,866 and female rates are $1,826, a difference of only $40.
  • Get a discount from your profession. Most auto insurance companies offer discounts for being employed in occupations like firefighters, high school and elementary teachers, scientists, dentists, lawyers, and others. If you can get this discount applied to your policy, you could potentially save between $61 and $183 on your yearly insurance cost, depending on your policy.
  • A good driving record means cheaper policy cost. To pay the best Mustang Mach-E insurance rates, it pays to drive conservatively. A few minor infractions on your driving record could result in spiking Mustang Mach-E insurance rates by as much as $540 per year. Serious convictions such as DUI and hit-and-run could raise rates by an additional $1,886 or more.

Which Mustang Mach-E is cheapest to insure?

The cheapest model of Mustang Mach-E to insure is the Select costing an average of $1,926 per year. The second cheapest trim level to insure is the Select eAWD at $1,942 per year.

The GT Performance eAWD at $2,158 and the GT eAWD at $2,142 per year are the two most expensive models to insure.

Those two trim levels will cost an extra $232 and $216 per year, respectively, to insure over the cheapest Select Mach-E model.

The table below shows average car insurance rates for the trim levels available on a 2023 Ford Mustang Mach-E.

2023 Ford Mustang Mach-E Insurance Cost by Trim Level
Ford Mustang Mach-E Trim Level Annual Policy Six-Month Policy Per Month
Select$1,926$963$161
Select eAWD$1,942$971$162
Premium - Standard Range$1,982$991$165
Premium - Extended Range$2,044$1,022$170
California Route 1 eAWD$2,046$1,023$171
Premium - Extended Range eAWD$2,088$1,044$174
Premium - Standard Range eAWD$2,104$1,052$175
GT eAWD$2,142$1,071$179
GT Performance eAWD$2,158$1,079$180

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2023 Ford Mustang Mach-E, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on August 12, 2023
Ford Mustang Mach-E Insurance Cost by Trim Level

How do Mustang Mach-E insurance prices compare?

When average Mach-E insurance rates are compared to the other compact SUVs, car insurance prices for a 2023 Ford Mustang Mach-E cost $372 more per year than the Toyota RAV4, $514 more than the Honda CR-V, and $382 more than the Nissan Rogue.

The Ford Mustang Mach-E ranks 47th out of 47 total comparison vehicles in the small SUV segment for most affordable car insurance prices. The Mustang Mach-E costs an estimated $2,048 per year to insure, while the category average insurance cost is $1,649 per year, a difference of $399 per year.

The table below shows how Mustang Mach-E insurance compares to the rest of the compact SUV segment in the United States.

Insurance Cost Comparison: Ford Mustang Mach-E vs Small SUVs
Rank Make/Model Insurance Cost Difference
1Chevrolet Trailblazer$1,370-$678
2Subaru Crosstrek$1,380-$668
3Nissan Kicks$1,386-$662
4Nissan Rogue Sport$1,412-$636
5Mazda CX-5$1,422-$626
6Buick Encore$1,442-$606
7Buick Envision$1,446-$602
8Kia Seltos$1,466-$582
9Hyundai Venue$1,478-$570
10Honda HR-V$1,508-$540
11Hyundai Kona$1,518-$530
12Subaru Forester$1,526-$522
13Honda CR-V$1,534-$514
14Mazda CX-30$1,538-$510
15Chevrolet Trax$1,558-$490
16Volkswagen Tiguan$1,572-$476
17Ford Bronco Sport$1,576-$472
18Fiat 500X$1,606-$442
19GMC Terrain$1,608-$440
20Kia Soul$1,614-$434
21Mitsubishi Eclipse Cross$1,616-$432
22Chevrolet Equinox$1,630-$418
23Toyota Corolla Cross$1,634-$414
24Volkswagen Taos$1,640-$408
25Mazda CX-50$1,652-$396
26Hyundai Tucson$1,656-$392
27Ford Escape$1,660-$388
28Nissan Rogue$1,666-$382
29Toyota RAV4$1,676-$372
30Mazda MX-30$1,680-$368
31Kia Niro$1,682-$366
32Mini Cooper$1,690-$358
33Jeep Compass$1,700-$348
34Mini Cooper Clubman$1,720-$328
35Jeep Renegade$1,746-$302
36Chevrolet Bolt$1,756-$292
37Toyota bz4X$1,758-$290
38Kia Sportage$1,810-$238
39Hyundai Ioniq 5$1,814-$234
40Mini Cooper Countryman$1,860-$188
41Mitsubishi Mirage$1,868-$180
42Mitsubishi Outlander$1,872-$176
43Volkswagen ID4$1,880-$168
44Kia EV6$1,920-$128
45Dodge Hornet$1,922-$126
46Hyundai Nexo$1,990-$58
47Ford Mustang Mach-E$2,048--

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are based on the 2023 model year, with the rated driver being a 40-year-old married male with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to rates, which are averaged for all vehicle trim levels. Full-coverage physical damage deductibles are $500 and rates are also averaged for all U.S. states.Data last updated on August 11, 2023
Insurance Cost Comparison: Ford Mustang Mach-E vs Small SUVs