Ford Mustang Mach-E Insurance Costs: Rates, Rankings, and Insights

• Ford Mustang Mach-E insurance costs an average of $2,220 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 2024 small SUVs to insure, costing $475 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 $2,220 a year, or about $185 each month. Expect to pay approximately $475 more annually to insure a Mach-E compared to the overall small SUV class average rate of $1,745, and $337 more per year than the all-vehicle national average of $1,883.

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.

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 $376 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 $2,694 or more per year.
• Driver gender influences rates. For a 2024 Ford Mustang Mach-E, a 20-year-old man will pay an average rate of $4,484 per year, while a 20-year-old female driver pays $3,208, a difference of $1,276 per year. The females get much better rates. But by age 50, male driver rates are $1,960 and female rates are $1,914, a difference of only $46.
• 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 $67 and $185 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 $588 per year. Serious convictions such as DUI and hit-and-run could raise rates by an additional $2,070 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 $2,018 per year. The second cheapest trim level to insure is the Select eAWD at $2,070 per year.

The GT Performance eAWD at $2,380 and the GT eAWD at $2,330 per year are the two most expensive models to insure.

Those two trim levels will cost an extra $362 and $312 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 2024 Ford Mustang Mach-E.

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 2024 Ford Mustang Mach-E cost $472 more per year than the Toyota RAV4, $602 more than the Honda CR-V, and $516 more than the Nissan Rogue.

The Ford Mustang Mach-E ranks 47^th out of 47 total comparison vehicles in the small SUV segment for most affordable car insurance prices. The Mustang Mach-E costs an estimated $2,220 per year to insure, while the category average insurance cost is $1,745 per year, a difference of $475 per year.

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