Best Ford Mustang Auto Insurance in 2026 (Check Out the Top 10 Companies)

The top three best Ford Mustang auto insurance companies are Progressive, USAA, and Allstate with rates starting from $80 per month for minimum coverage.

Good drivers are eligible for up to $57.25 a month in policy discounts by practicing safe driving habits. We’re going to take a quick look at Ford Mustang insurance rates, crash test ratings, and more.

Our Top 10 Company Picks: Best Ford Mustang Auto Insurance

You can start comparing quotes for Ford Mustang car insurance rates from some of the best car insurance companies by using our free online tool now.

#1 – Progressive: Top Pick Overall

Pros

• Flexible Options: Progressive offers Mustang drivers a variety of customizable plans that you can learn more about in our Progressive auto insurance review.
• Deductible Savings Bank: Mustang drivers can reduce their collision or comprehensive deductibles by $50 for each claim-free six-month period.
• Pet Injury Coverage: Progressive covers up to $1,000 in vet bills if your pet is hurt while riding in your Mustang.

Cons

• Average Customer Service: Some Mustang owners may find Progressive’s customer support lacking when they need assistance with their policy.
• Snapshot Program Risks: This usage-based program could increase rates for Mustang drivers with spirited driving habits.

#2 – USAA: Best for Military Benefits

Pros

• Military Benefits: USAA offers exclusive discounts and perks for military members and their families who drive a Mustang.
• Legacy Discount: With the MyUSAA Legacy Discount, you can continue your family’s USAA tradition and save up to 10% on your Mustang’s policy.
• SafePilot Discount: Ford Mustang owners can save up to 30% on their auto insurance with this telematics program. Our USAA SafePilot review goes into detail on how the program works.

Cons

• Military Restriction: Only military families and veterans can access USAA’s Mustang insurance benefits.
• No Physical Locations: Mustang owners preferring face-to-face interactions may find USAA’s lack of brick-and-mortar agencies inconvenient.

#3 – Allstate: Best for Wide Coverage

Pros

• Wide Coverage: Allstate provides extensive coverage options for Ford Mustang owners, ensuring comprehensive protection for various needs.
• eSmart Discount: Mustang owners can save by going paperless with Allstate ePolicy for online document viewing.
• EZ Pay Plan: Set up automatic withdrawals for your Mustang’s premium payments and enjoy discounts.

Cons

• High-Mileage Costs: Mustang enthusiasts who love road trips might find Allstate expensive for high-mileage driving. Find more information about Allstate’s rates in our review of Allstate insurance.
• Device Issues: Allstate charges for miles driven even if its tracking device malfunctions, potentially unfairly affecting Mustang owners.

#4 – Geico: Best for Affordable Rates

Pros

• Affordable Rates: Geico offers competitive and affordable Mustang insurance.  Read more here: Geico Auto Insurance Review 
• Seat Belt Use Discount: Always buckle up in your Mustang for potential savings on medical payments or personal injury protection.
• Federal Employee Discount: Active or retired federal employees could save up to 12% on their Ford Mustang’s total premium with the Geico Eagle Discount.

Cons

• No Gap Insurance: Mustang owners financing or leasing their cars might find Geico’s lack of gap insurance problematic.
• Limited Local Support: Fewer local agencies might inconvenience Mustang owners who prefer in-person insurance support.

#5 – Amica: Excellent Customer Service

Pros

• Best Customer Service: Amica provides exceptional customer service for Ford Mustang owners. Check out our Amica auto insurance review to learn more about the company’s customer service and claims ratings.
• Roadside Assistance: Amica offers 24/7 help for Mustang owners, covering towing, flat tires, jump-starts, and fuel delivery.
• Bodily Injury Liability: Covers injuries to others when you’re at fault in your Mustang, including medical bills and lost wages.

Cons

• Limited Availability: Mustang owners in Alaska or Hawaii can’t access Amica’s insurance offerings.
• Low-Value Ranking: Some Mustang drivers might find Amica’s policies don’t provide the best value for their money.

#6 – Auto-Owners: High Ratings

Pros

• High Ratings: Auto-Owners boast excellent ratings for customer satisfaction, providing reliable service for Ford Mustang owners.
• Life Multi-Policy Discount: Bundle your Mustang insurance with a qualifying Auto-Owners life insurance policy for premium savings.
• Multi-Car Discount: For potential discounts, insure two or more vehicles, including your Mustang, on one Auto-owners policy. See our review of Auto-Owners auto insurance for more details.

Cons

• Subpar Claims Process: Mustang owners might face frustrations with Auto-Owners’ below-average claims handling.
• Limited Online Options: Tech-savvy Mustang drivers may find Auto-Owners’ limited online presence inconvenient.

#7 – State Farm: Best for Comprehensive Coverage

Pros

• Comprehensive Coverage: State Farm offers extensive coverage options tailored for Ford Mustang owners. Learn more here: State Farm Auto Insurance Review
  
• Bundle and Save: For additional savings, combine your Ford Mustang policy with other State Farm products, such as home or life insurance.
• Steer Clear Program: Young Mustang drivers can save while improving their skills through this educational program.

Cons

• Credit-Based Pricing: Mustang owners with poor credit might face higher rates compared to other insurers.
• Claims Handling Issues: Some Mustang drivers report mediocre experiences with State Farm’s claims process.

#8 – American Family: Best for Personalized Service

Pros

• Personalized Service: American Family provides tailored services for Ford Mustang owners, ensuring coverage plans that meet specific needs and preferences. Find out more about American Family in our American Family review.
• Low Mileage Savings: If you drive your Mustang less than 7,500 miles annually, you can qualify for additional savings with American Family.
• Young Volunteer Discount: Mustang owners under 25 can save by completing 40 hours of volunteer work yearly.

Cons

• Digital Limitations: Tech-savvy Mustang owners might find American Family’s online experience lacking compared to competitors.
• Coverage Restrictions: Some Ford Mustang drivers may face limited additional coverage options with American Family.

#9 – Nationwide: Best for Multi-Policy Discounts

Pros

• Multi-Policy Discounts: Nationwide offers significant savings for Ford Mustang owners who bundle their auto insurance with other policies
• SmartRide Program: Mustang owners can earn an instant 10% discount by signing up for this usage-based insurance program. Learn more about SmartRide in our Nationwide auto insurance review.
• Safe Driver Rewards: Keep your Mustang accident-free for 5 years and potentially qualify for lower rates.

Cons

• Customer Service Issues: Mustang owners might face frustrations with Nationwide’s below-average customer satisfaction ratings.
• Limited Availability: Some Mustang drivers can’t access Nationwide’s homeowners policies in certain states.

#10 – Farmers: Best for Strong Network

Pros

• Strong Network: Farmers Auto Insurance boasts a vast network of agents and support, ensuring Ford Mustang owners receive comprehensive and accessible service wherever they are.
• Safety Tech Discount: Equip your Mustang with advanced safety features for additional savings opportunities with Farmers.
• Good Payer Discount: You can save with Farmers by avoiding paying late fees on your Mustang’s policy for 12 months at renewal. Take a look at our Farmers insurance company review to learn more.

Cons

• High Premiums: Some Mustang owners might face steep rates depending on their state of residence.
• Slow Roadside Help: Farmers’ slow roadside service might frustrate Mustang drivers needing quick assistance.

Top Ford Mustang Insurance Companies

Who is the top auto insurance company for Ford Mustang insurance rates? While the actual rates you pay will depend on many factors, here are some of the top companies offering Ford Mustang auto insurance coverage. Many of these companies offer discounts for security systems and other safety features that the Ford Mustang offers.

Ford Mustang Auto Insurance Monthly Rates by Coverage Level & Provider

When choosing insurance for your Mustang, it’s important to look beyond just the price. Consider factors such as coverage options, customer service, and claim handling to find the best policy.

Check out our ranking of the best auto insurance companies for paying claims, and see which ones offer the best combination of affordability and reliability for your Ford Mustang.

Ford Mustangs Maybe Expensive to Insure

The chart below details how Ford Mustang insurance rates compare to other sports cars like the Audi R8, Porsche 911, and Cadillac ATS-V.

Ford Mustang Auto Insurance Monthly Rates vs. Similar Vehicles by Coverage Type

However, there are a few things you can do to find the cheapest Ford insurance rates online. Read more: How to Find Affordable Auto Insurance Rates Online

Things that Impact the Cost of Ford Mustang Insurance

The Ford Mustang trim and model you choose can impact the total price you will pay for Ford Mustang insurance coverage.

Here are a few things that can impact the cost of insurance for a Ford Mustang.

Age of the Vehicle

Older Ford Mustang models generally cost less to insure. For example, auto insurance for a 2020 Ford Mustang costs $138.83, while 2010 Ford Mustang insurance costs are $112.17, a difference of $26.66.

Ford Mustang Auto Insurance Monthly Rates by Age of the Vehicle

If you want to save on your premium go for an older model as they are cheaper than newer models. Learn how vehicle year affects auto insurance rates in our guide.

Driver Age

Driver age can have a significant impact on Ford Mustang auto insurance rates.

Ford Mustang Auto Insurance Monthly Rates by Age

For example, 20-year-old drivers pay approximately $169.83 more each month for their Ford Mustang auto insurance than 30-year-old drivers.

Read more: Auto Insurance Rates by Age

Driver Location

Location is one of the non-driving factors that affect auto insurance rates. Urban areas with high traffic and crime rates usually lead to higher insurance costs. If you live in a rural area, you might pay less for your Ford Mustang insurance.

Ford Mustang Auto Insurance Monthly Rates by City

For example, drivers in New York may pay $36.08 a month more than drivers in Chicago.

Your Driving Record

Your driving record can have an impact on the cost of Ford Mustang car insurance.

Ford Mustang Auto Insurance Monthly Rates by Age & Driving Record

Teens and drivers in their 20’s see the highest jump in their Ford Mustang car insurance with violations on their driving record. Discover the reasons auto insurance costs more for young drivers in our comprehensive article.

Ford Mustang Safety Ratings

The Ford Mustang’s safety ratings will affect your Ford Mustang car insurance rates. See the chart below:

Ford Mustang Safety Ratings

The Ford Mustang’s high safety ratings positively impact insurance rates, often resulting in lower premiums. Vehicles with good safety ratings are generally cheaper to insure because they are less likely to result in significant injury claims. Compare auto insurance rates by vehicle make and model in our article.

Ford Mustang Crash Test Ratings

Not only do good Ford Mustang crash test ratings mean you are better protected in a crash, but good Ford Mustang crash ratings also mean cheaper insurance rates.

Ford Mustang Crash Test Ratings

Vehicles with high crash test ratings, like the Ford Mustang, often benefit from lower insurance premiums.

Insurers consider these ratings when determining rates, as safer vehicles are less likely to result in costly claims. If you want to save on your premium, choosing a Mustang with excellent crash test ratings can be beneficial.

Read more: How to Estimate the Auto Insurance Costs for a New Car

Ford Mustang Safety Features

The more safety features you have on your Ford Mustang, the more likely it is that you can earn a discount.

The Ford Mustang’s safety features include:

• Driver and passenger air bags
• Lane departure warning
• Electronic stability control
• Backup cameras
• Traction control

The Ford Mustang’s safety features not only provide comprehensive protection and advanced accident prevention technologies but also helps you save on your insurance premium.

Read more: Are backup cameras required on new vehicles?

Ford Mustang Insurance Loss Probability

Review the Ford Mustang car insurance loss probability rates for collision, property damage, comprehensive, PIP, MedPay, and bodily injury auto insurance.

Ford Mustang Auto Insurance Loss Probability by Coverage Type

The lower percentage means lower Ford Mustang auto insurance costs; higher percentages mean higher Ford Mustang auto insurance costs.

Ford Mustang Finance and Insurance Cost

If you are financing a Ford Mustang, most lenders will require your carry higher Ford Mustang coverages including comprehensive auto insurance coverage.

Switch to Progressive and you could save hundreds on auto insurance. Then go ahead and take a load off – you’ve earned it! pic.twitter.com/xY31BYiNIi

— Progressive (@progressive) February 15, 2024

So be sure to compare Ford Mustang car insurance rates from the best companies. Read more: Where to Compare Auto Insurance Rates

Ways to Save on Ford Mustang Insurance

You can save more money on your Ford Mustang auto insurance rates by employing any of the following five strategies.

• Ask about Ford Mustang insurance discounts.
• Re-check Ford Mustang quotes every 6 months.
• Check the odometer on your Ford Mustang.
• Get married and ask for a discount.
• Ask about usage-based insurance for your Ford Mustang.

See the table below for auto insurance discounts offered by some of the top Ford Mustang auto insurance providers:

Always inquire about available discounts and regularly compare quotes to ensure you are getting the best deal on your Ford Mustang insurance.

Best Ford Mustang Auto Insurance: The Bottom Line

Insuring a Ford Mustang is straightforward, with average costs around $167 per month for full coverage. Teenage drivers should be vigilant as their rates can soar to $609 per month.

Learn more: Companies With the Cheapest Teen Auto Insurance

To secure the best rates, it’s essential to shop around, consider discounts for good driving habits, and explore options from top insurers like Progressive, USAA, and Allstate.

Find the best auto insurance rates no matter how much coverage you need by entering your ZIP code below into our comparison tool today.