How much is insurance on a Ford Mustang?
A 2024 Ford Mustang runs about $2,150 a year for a typical 45-year-old, $210 more than an average 2024 car, because of pricier repairs and more at-fault claims.
2024 Ford Mustang, national average
about $2,150 a year (about $180 a month)
roughly $1,600–$3,100
An average 2024 car: about $1,940. An older Ford Mustang costs less (below).
Priced: the 2024 Mustang (the newest year our claims data covers), a 45-year-old, clean record, full coverage. Each state moves every car's price by the same share. How we got these.
A used Ford Mustang, by model year
| Model year | Full coverage | Liability only | Adding a teen | Teen on their own policy |
|---|---|---|---|---|
| 2024 (0–3 years old) | about $2,150 | about $1,080 | +$1,420 | about $6,170 |
| 2022 (4–7 years old) | about $2,020 | about $1,080 | +$1,340 | about $5,800 |
| 2018 (8–12 years old) | about $1,880 | about $1,080 | +$1,240 | about $5,410 |
| 2013 (13 or more years old) | about $1,750 | about $1,080 | +$1,150 | about $5,010 |
We list the Ford Mustang for 2006–2027. How much a car's age takes off is our own estimate. Years before 2022 use the 2022–24 claims results.
The 3 versions of the 2024 Ford Mustang we list (Mustang, Mustang Dark Horse and Mustang Performance Package) all come out within about $50 of each other.
The Ford Mustang for other drivers on their own policy, a year: 22–25, $2,800; 26–39, $2,390; 65 and older, $2,260.
Adding a 16-year-old with a Ford Mustang
A new 16-year-old driving the Ford Mustang adds about $1,420 a year ($120 a month), $140 more than with an average 2024 car.
For adding a teen, the Ford Mustang ranks 25th most expensive of our 121 car pages.
That's the whole household's bill going up. Cheapest cars to insure for a teen.
Why the Ford Mustang costs what it does
Its insurance claims against an average car's (HLDI):
- Repairs
- much higher than average
- Theft and weather
- about average
- Damage to others
- higher than average
- Injuries to others
- no figure
The part that fixes or replaces the Ford Mustang: about $1,070, against $950 for an average 2024 car (12% more). The part that pays for harm to others: about $1,080, against $990 for an average car (9% more).
By the EPA's size classes it's a small car, and it's gas-powered. The Highway Loss Data Institute groups it with midsize sports cars.
- Sporty cars often cost more to insure than their repair records suggest, so the range reaches higher.
Matched to “Ford Mustang 2dr” in HLDI's results.
Similar small cars
Among these 13 small cars, the Ford Mustang is the 5th most expensive to insure.
- 2024 Mazda 3about $2,030 ($120 less)
- 2024 Kia Soulabout $2,030 ($120 less)
- 2024 Volkswagen Jettaabout $2,070 ($80 less)
- 2024 Toyota Corollaabout $2,070 ($80 less)
- 2024 Ford Mustangabout $2,150 (this car)
- 2024 Nissan Versaabout $2,200 (about the same)
- 2024 Chevrolet Camaroabout $2,420 ($270 more)
- 2024 BMW 330iabout $2,850 ($700 more)
- 2024 Mercedes-Benz C-Classabout $3,020 ($870 more)
Both start from your own situation if you've set one. For crash safety, see IIHS and NHTSA ratings.
This is an estimate to help you plan, not a quote. We don't sell insurance, and we never pass your info to anyone. Only an insurer can give you a real price.