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 $1,996 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 $390 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 $1,996 a year, or about $166 each month. Expect to pay approximately $390 more annually to insure a Mach-E compared to the overall small SUV class average rate of $1,606, and $311 more per year than the all-vehicle national average of $1,685.

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 December 29, 2022
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$3,344$279
$500$3,978$332
$250$4,648$387
30$1,000$1,756$146
$500$2,110$176
$250$2,476$206
40$1,000$1,670$139
$500$1,996$166
$250$2,332$194
50$1,000$1,524$127
$500$1,816$151
$250$2,120$177
60$1,000$1,496$125
$500$1,782$149
$250$2,082$174

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 $342 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 $2,400 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 $3,978 per year, while a 20-year-old female driver pays $2,940, a difference of $1,038 per year. The females get much better rates. But by age 50, male driver rates are $1,816 and female rates are $1,778, a difference of only $38.
  • 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 $60 and $178 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 $524 per year. Serious convictions such as DUI and hit-and-run could raise rates by an additional $1,838 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 $1,876 per year. The second cheapest trim level to insure is the Select eAWD at $1,890 per year.

The GT Performance eAWD at $2,100 and the GT eAWD at $2,084 per year are the two most expensive models to insure.

Those two trim levels will cost an extra $224 and $208 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$1,876$938$156
Select eAWD$1,890$945$158
Premium - Standard Range$1,928$964$161
Premium - Extended Range$1,992$996$166
California Route 1 eAWD$1,994$997$166
Premium - Extended Range eAWD$2,032$1,016$169
Premium - Standard Range eAWD$2,048$1,024$171
GT eAWD$2,084$1,042$174
GT Performance eAWD$2,100$1,050$175

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 February 5, 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 $362 more per year than the Toyota RAV4, $500 more than the Honda CR-V, and $374 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 $1,996 per year to insure, while the category average insurance cost is $1,606 per year, a difference of $390 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$1,334-$662
2Subaru Crosstrek$1,346-$650
3Nissan Kicks$1,354-$642
4Nissan Rogue Sport$1,378-$618
5Mazda CX-5$1,386-$610
6Buick Encore$1,406-$590
7Buick Envision$1,410-$586
8Kia Seltos$1,430-$566
9Hyundai Venue$1,440-$556
10Honda HR-V$1,464-$532
11Hyundai Kona$1,480-$516
12Subaru Forester$1,486-$510
13Honda CR-V$1,496-$500
14Mazda CX-30$1,498-$498
15Chevrolet Trax$1,514-$482
16Volkswagen Tiguan$1,532-$464
17Ford Bronco Sport$1,536-$460
18Fiat 500X$1,564-$432
19GMC Terrain$1,566-$430
20Kia Soul$1,568-$428
21Mitsubishi Eclipse Cross$1,572-$424
22Chevrolet Equinox$1,588-$408
23Toyota Corolla Cross$1,592-$404
24Volkswagen Taos$1,600-$396
25Mazda CX-50$1,610-$386
26Hyundai Tucson$1,614-$382
27Ford Escape$1,616-$380
28Nissan Rogue$1,622-$374
29Toyota RAV4$1,634-$362
30Mazda MX-30$1,636-$360
31Kia Niro$1,638-$358
32Mini Cooper$1,648-$348
33Jeep Compass$1,652-$344
34Mini Cooper Clubman$1,674-$322
35Jeep Renegade$1,698-$298
36Chevrolet Bolt$1,710-$286
37Toyota bz4X$1,716-$280
38Kia Sportage$1,760-$236
39Hyundai Ioniq 5$1,764-$232
40Mini Cooper Countryman$1,812-$184
41Mitsubishi Mirage$1,818-$178
42Mitsubishi Outlander$1,820-$176
43Volkswagen ID4$1,832-$164
44Kia EV6$1,870-$126
45Dodge Hornet$1,872-$124
46Hyundai Nexo$1,938-$58
47Ford Mustang Mach-E$1,996--

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 December 29, 2022
Insurance Cost Comparison: Ford Mustang Mach-E vs Small SUVs