Ford Mustang Insurance: by Model Year & Company

Ford Mustang insurance costs an average of $1,145 for a 6-month full coverage policy. Erie offers the cheapest rate for the latest Ford Mustang at $162/mo or $975 for a 6-month full coverage policy.

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Mustang Car Insurance

What to know about insuring a Ford Mustang:

  1. The Mustang costs less to insure than most coupes. Averaging $191/mo for the Mustang versus $245/mo for typical coupes.
  2. If you're considering a vehicle similar to the Mustang, like the Ford Mustang Mach-E ($209/mo), Ford C-MAX Hybrid ($145/mo), or Ford Edge ($142/mo), your insurance costs will be about the same.
  3. Erie ($133/mo), USAA ($141/mo), American Family ($141/mo) offer the cheapest full coverage rates.

The rates displayed are based on a full coverage 30-year-old male driver with no violations in 2025. Customizations to your vehicle (trim or modifications) and your driving history will impact your insurance costs. Consider these rates as a jumping off point for your search.

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2025 Ford Mustang Vehicle Image
2025 Ford Mustang
Av. Cost Per Year$3,254
Av. Per Month$271

Cheapest Companies

Erie$98/m
USAA$104/m
American Family$115/m

How much does it cost to insure my Ford Mustang?

Select your model year:

2025 Ford Mustang

Cheapest Insurance Companies Average Annual Cost
Erie

$1,949

Progressive

$2,138

USAA

$2,162

American Family

$2,292

Nationwide

$2,453

State Farm

$2,572

GEICO

$3,111

Farmers

$4,074

Allstate

$6,932

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Average Cost to Insure Per Year
$3,254

2024 Ford Mustang

Cheapest Insurance Companies Average Annual Cost
Erie

$1,899

Progressive

$2,124

USAA

$2,146

American Family

$2,231

State Farm

$2,487

Nationwide

$2,515

GEICO

$2,987

Farmers

$3,873

Allstate

$6,651

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Average Cost to Insure Per Year
$3,165

2023 Ford Mustang

Cheapest Insurance Companies Average Annual Cost
Erie

$1,729

American Family

$2,026

USAA

$2,059

Progressive

$2,086

State Farm

$2,398

Nationwide

$2,518

GEICO

$2,848

Farmers

$3,655

Allstate

$5,890

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Average Cost to Insure Per Year
$2,975

2022 Ford Mustang

Cheapest Insurance Companies Average Annual Cost
Erie

$1,648

American Family

$1,870

USAA

$2,019

Progressive

$2,042

State Farm

$2,247

Nationwide

$2,250

GEICO

$2,688

Farmers

$3,462

Allstate

$6,238

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Average Cost to Insure Per Year
$2,907

2021 Ford Mustang

Cheapest Insurance Companies Average Annual Cost
Erie

$1,587

American Family

$1,791

USAA

$1,947

Progressive

$1,966

State Farm

$2,189

Nationwide

$2,285

GEICO

$2,671

Farmers

$3,301

Allstate

$5,184

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Average Cost to Insure Per Year
$2,717

2020 Ford Mustang

Cheapest Insurance Companies Average Annual Cost
Erie

$1,635

American Family

$1,738

USAA

$1,851

Progressive

$1,884

State Farm

$2,266

Nationwide

$2,540

GEICO

$2,581

Farmers

$3,159

Allstate

$3,869

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Average Cost to Insure Per Year
$2,517

2019 Ford Mustang

Cheapest Insurance Companies Average Annual Cost
Erie

$1,570

American Family

$1,697

USAA

$1,766

Progressive

$1,794

State Farm

$2,184

Nationwide

$2,440

GEICO

$2,478

Farmers

$3,007

Allstate

$3,745

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Average Cost to Insure Per Year
$2,418

2018 Ford Mustang

Cheapest Insurance Companies Average Annual Cost
Erie

$1,519

USAA

$1,679

American Family

$1,680

Progressive

$1,777

State Farm

$2,150

GEICO

$2,355

Nationwide

$2,446

Farmers

$2,846

Allstate

$3,604

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Average Cost to Insure Per Year
$2,340

2017 Ford Mustang

Cheapest Insurance Companies Average Annual Cost
USAA

$1,498

American Family

$1,547

Progressive

$1,739

Erie

$1,903

State Farm

$2,204

GEICO

$2,246

Nationwide

$2,678

Farmers

$2,705

Allstate

$2,936

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Average Cost to Insure Per Year
$2,222

2016 Ford Mustang

Cheapest Insurance Companies Average Annual Cost
USAA

$1,442

American Family

$1,486

Progressive

$1,620

Erie

$1,828

State Farm

$2,058

GEICO

$2,140

Nationwide

$2,561

Farmers

$2,610

Allstate

$2,838

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Average Cost to Insure Per Year
$2,120

2015 Ford Mustang

Cheapest Insurance Companies Average Annual Cost
USAA

$1,390

American Family

$1,446

Progressive

$1,609

Erie

$1,687

State Farm

$1,909

GEICO

$2,069

Nationwide

$2,478

Farmers

$2,524

Allstate

$2,677

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Average Cost to Insure Per Year
$2,035

2014 Ford Mustang

Cheapest Insurance Companies Average Annual Cost
Erie

$1,333

American Family

$1,453

USAA

$1,523

Nationwide

$1,547

Progressive

$1,559

State Farm

$1,685

GEICO

$2,206

Farmers

$2,384

Allstate

$2,893

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Average Cost to Insure Per Year
$1,947

2013 Ford Mustang

Cheapest Insurance Companies Average Annual Cost
Erie

$1,272

American Family

$1,414

USAA

$1,423

Progressive

$1,628

State Farm

$1,633

Nationwide

$1,802

GEICO

$2,104

Farmers

$2,290

Allstate

$2,964

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Average Cost to Insure Per Year
$1,948

2012 Ford Mustang

Cheapest Insurance Companies Average Annual Cost
Erie

$1,209

USAA

$1,228

American Family

$1,366

Nationwide

$1,438

Progressive

$1,546

State Farm

$1,560

GEICO

$1,996

Farmers

$2,204

Allstate

$2,877

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Average Cost to Insure Per Year
$1,809

2011 Ford Mustang

Cheapest Insurance Companies Average Annual Cost
Erie

$1,170

USAA

$1,244

American Family

$1,383

State Farm

$1,494

Progressive

$1,536

Nationwide

$1,551

GEICO

$1,925

Farmers

$2,147

Allstate

$2,974

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Average Cost to Insure Per Year
$1,811