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The average Ford Mustang car insurance rate for 2021 is $2,052 based on the profile of a 30-year-old driver. However, car insurance rates by state vary dramatically based on your ZIP code, among other factors. The state where you live plays a significant role in determining your insurance rate. For example, Michigan is the most expensive state for car insurance, the average Ford Mustang insurance cost is $3,366 a year. Maine has the lowest Ford Mustang insurance rates for full coverage, with average insurance cost for a 30-year-old driver is 1,345 a year.
Average insurance cost of Ford Mustang by model year
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Table
Year of Ford Mustang ModelAverage Cost to Insure
2020$2,153
2019$2,144
2018$2,142
2017$2,038
2016$1,937

Compare Ford Mustang Insurance Rates by State

L O A D I N G
Company Style Full Coverage(Avg) Liability Coverage(Avg) State Minimum Coverage(Avg)
Allstate2 Door Convertible Turbo$2,665$963$838
Geico2 Door Convertible Turbo$1,932$472$334
Farmers2 Door Convertible Turbo$2,097$900$777
Nationwide2 Door Convertible Turbo$3,422$1,029$761
Progressive2 Door Convertible Turbo$1,479$503$349
State Farm2 Door Convertible Turbo$2,150$801$569
Allstate2 Door Coupe Turbo$2,427$963$838
Geico2 Door Coupe Turbo$1,895$472$334
Farmers2 Door Coupe Turbo$2,832$1,101$949
Nationwide2 Door Coupe Turbo$4,040$1,340$987
Progressive2 Door Coupe Turbo$1,204$438$308
State Farm2 Door Coupe Turbo$2,607$953$676

2020 Ford Mustang Insurance Rates

Average Cost to Insure $2,153
Annual Cheapest Rate $1,483
Available Trims Bullitt, GT, GT Premium, Premium, Shelby GT350 , Shelby GT350R
RankCompaniesAverage Premium
1State Farm$1,483
2Progressive$1,782
3Geico$1,983
4Nationwide$2,057
5Farmers$2,158
6Allstate$3,455

2019 Ford Mustang Insurance Rates

Average Cost to Insure $2,144
Annual Cheapest Rate $1,507
Available Trims Bullitt, GT, GT Premium, Premium, Shelby GT350 , Shelby GT350R
RankCompaniesAverage Premium
1State Farm$1,507
2Geico$1,850
3Nationwide$1,972
4Progressive$2,383
5Farmers$2,466
6Allstate$2,686

2018 Ford Mustang Insurance Rates

Average Cost to Insure $2,142
Annual Cheapest Rate $1,671
Available Trims Bullitt, GT, GT Premium, Premium, Shelby GT350 , Shelby GT350R
RankCompaniesAverage Premium
1Geico$1,671
2State Farm$1,718
3Nationwide$1,926
4Progressive$2,259
5Farmers$2,560
6Allstate$2,715

2017 Ford Mustang Insurance Rates

Average Cost to Insure $2,038
Annual Cheapest Rate $1,543
Available Trims Bullitt, GT, GT Premium, Premium, Shelby GT350 , Shelby GT350R
RankCompaniesAverage Premium
1Geico$1,543
2State Farm$1,600
3Nationwide$1,937
4Progressive$2,126
5Farmers$2,449
6Allstate$2,575

2016 Ford Mustang Insurance Rates

Average Cost to Insure $1,937
Annual Cheapest Rate $1,430
Available Trims Bullitt, GT, GT Premium, Premium, Shelby GT350 , Shelby GT350R
RankCompaniesAverage Premium
1State Farm$1,430
2Geico$1,432
3Nationwide$1,900
4Progressive$2,075
5Farmers$2,373
6Allstate$2,410

Compare Ford insurance rates by model

Make/ModelAnnual Rates
Ford Fiesta$1,468/year
Ford F-150$1,476/year
Ford Explorer$1,499/year
Ford Expedition$1,619/year
Ford Edge$1,424/year
Ford Fusion$1,643/year

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