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2006 Ford Mustang Insurance Rates

Enter your zip code below to view companies that have cheap auto insurance rates.

Jeffrey Johnson graduated summa cum laude from the University of Baltimore School of Law and has worked in legal offices and nonprofits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman University and worked in film, education, and publishing. His professional writing has appeared on sites like The Manifest and Vice, and he is the author of a novel ...

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UPDATED: Mar 9, 2020

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Average insurance rates for a 2006 Ford Mustang are $1,160 a year for full coverage. Comprehensive costs around $174 a year, collision insurance costs $272, and liability costs around $534. Buying a liability-only policy costs as low as $588 a year, and high-risk insurance costs around $2,510. Teenage drivers receive the highest rates at up to $4,702 a year.

Annual premium for full coverage: $1,160

Rate estimates for 2006 Ford Mustang Insurance

Comprehensive $174
Collision $272
Liability $534

Rate data is compiled from all 50 U.S. states and averaged for all 2006 Ford Mustang models. Rates are based on a 40-year-old male driver, $500 comprehensive and collision deductibles, and a clean driving record. Remaining premium consists of UM/UIM coverage, Medical/PIP, and policy fees.

Price Range by Coverage and Risk

For a driver in their 40's, prices range range from as low as $588 for just liability coverage to a high of $2,510 for a driver who has had serious violations or accidents.

Liability Only $588
Full Coverage $1,160
High Risk $2,510

View Chart as Image

2006 Ford Mustang insurance rates compared
Column chart showing 2006 Ford Mustang insurance prices range from $698 to $4,702 for full coverage

These differences show why it is important for drivers to compare prices for a specific zip code and risk profile, instead of making a decision based on average rates.

Use the form below to get rates for your location.

Enter your zip code below to view companies based on your location that have cheap auto insurance rates.

Recommended Companies for Cheap 2006 Ford Mustang Insurance

Searching Companies

Shoppers have many options when shopping for affordable Ford Mustang insurance. You can either spend your time contacting agents trying to get quotes or utilize the internet to find the lowest rates. There is a right way and a wrong way to buy auto insurance and we’ll show you the quickest way to compare rates for your Ford and obtain the lowest possible price.

You should make it a habit to price shop coverage yearly because insurance rates are usually higher with each renewal. If you had the lowest rates for Mustang insurance a year ago other companies may now be cheaper. So just ignore everything you know about auto insurance because you’re going to learn the tricks you need to know to properly buy coverages and cut your premium.

Don’t miss out on these money-saving discounts

Companies do not advertise all their discounts in an easy-to-find place, so here is a list some of the more common and the more hidden savings tricks you should be using. If they aren’t giving you every credit you qualify for, you are throwing money away.

  • Early Signing – Some insurance companies reward drivers for switching policies before your current policy expires. This can save 10% or more.
  • Distant Student – Youth drivers who live away from home and don’t have a car can be insured at a reduced rate.
  • Federal Employees – Active or retired federal employment can save as much as 8% for Mustang insurance depending on your company.
  • Low Mileage – Low mileage vehicles could qualify for discounted rates on garaged vehicles.
  • Passive Restraints – Vehicles equipped with air bags can receive discounts of more than 20%.
  • Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems help deter theft and earn discounts up to 10%.

A little note about advertised discounts, most discount credits are not given to the entire cost. A few only apply to individual premiums such as collision or personal injury protection. Even though it may seem like it’s possible to get free car insurance, you’re out of luck.

Companies who might offer these benefits are:

Check with all companies you are considering which discounts they offer. Discounts may not apply in your state.

Do I need special coverages?

When choosing coverage for your vehicles, there is no single plan that fits everyone. Your needs are not the same as everyone else’s.

These are some specific questions can aid in determining if your insurance needs may require specific advice.

  • What companies insure drivers after a DUI or DWI?
  • Am I covered when driving someone else’s vehicle?
  • Which is better, split liability limits or combined limits?
  • Am I getting all the discounts available?
  • Is my custom paint covered by insurance?
  • I have good health insurance, so how much medical payments coverage do I need?

If you can’t answer these questions but you think they might apply to your situation then you might want to talk to an agent. If you want to speak to an agent in your area, fill out this quick form. It’s fast, free and you can get the answers you need.

Free Auto Insurance Comparison

Enter your zip code below to view companies that have cheap auto insurance rates.

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Car insurance coverage information

Knowing the specifics of your insurance policy can help you determine the right coverages and the correct deductibles and limits. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy.

Auto collision coverage

This will pay to fix damage to your Mustang caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage protects against claims like backing into a parked car, sideswiping another vehicle, hitting a mailbox and rolling your car. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to bump up the deductible in order to get cheaper collision rates.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family and damage to your Ford Mustang.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Liability auto insurance

This coverage can cover damage or injury you incur to other people or property in an accident. It protects YOU against claims from other people. It does not cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 50/100/50 that translate to $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged property.

Liability insurance covers claims like bail bonds, repair bills for other people’s vehicles, funeral expenses and court costs. How much liability coverage do you need? That is a personal decision, but consider buying as much as you can afford.

Comprehensive coverages

Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims like vandalism, hitting a bird, hail damage and falling objects. The most your insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Coverage for medical payments

Coverage for medical payments and/or PIP provide coverage for expenses like pain medications, nursing services, funeral costs and prosthetic devices. They are often used in conjunction with a health insurance policy or if there is no health insurance coverage. They cover you and your occupants as well as getting struck while a pedestrian. PIP is not an option in every state and gives slightly broader coverage than med pay

Shop around and save

People switch companies for a number of reasons such as unfair underwriting practices, extreme rates for teen drivers, an unsatisfactory settlement offer or even policy cancellation. No matter why you want to switch, switching car insurance companies is pretty easy and you might even save some money in the process.

Cost effective 2006 Ford Mustang insurance is possible online as well as from independent agents, so compare prices from both to have the best chance of lowering rates. There are still a few companies who don’t offer online price quotes and these small, regional companies work with independent agents.

When trying to cut insurance costs, make sure you don’t skimp on coverage in order to save money. There have been many situations where consumers will sacrifice comprehensive coverage or liability limits only to regret at claim time that the few dollars in savings costed them thousands. Your goal should be to buy the best coverage you can find at the best price while still protecting your assets.

Much more information about car insurance is available at the links below

Use our FREE quote tool to compare rates now!

Rates by U.S. City

2006 Ford Mustang Insurance Rates by City
City Premium
New York City, NY $1,833
Los Angeles, CA $1,986
Philadelphia, PA $1,548
Jacksonville, FL $1,684
Phoenix, AZ $1,350
Chicago, IL $1,555
Houston, TX $1,815
Seattle, WA $1,126
Columbus, OH $968
Indianapolis, IN $990

Need a specific model?

Choose your model and trim below

Rates by Driver Age

2006 Ford Mustang Insurance Rates by Driver Age
Driver Age Premium
16 $4,702
20 $2,678
30 $1,180
40 $1,160
50 $1,066
60 $1,044

Full coverage, $500 deductibles

Rates by Deductible

2006 Ford Mustang Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,356
$250 $1,264
$500 $1,160
$1,000 $1,058

Full coverage, driver age 40

Rates by Liability Limit

Ford Mustang Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,160
50/100 $1,267
100/300 $1,400
250/500 $1,747
100 CSL $1,320
300 CSL $1,614
500 CSL $1,828

Full coverage, driver age 40

Rates for High Risk Drivers

2006 Ford Mustang Insurance Rates for High Risk Drivers
Age Premium
16 $6,634
20 $4,268
30 $2,532
40 $2,510
50 $2,404
60 $2,380

Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident

If a financial responsibility filing is required, the additional charge below may also apply.

SR-22 Surcharge $158

Potential Rate Discounts

If you qualify for discounts, you may save the amounts shown below.

Discount Savings
Multi-policy $59
Multi-vehicle $64
Homeowner $20
5-yr Accident Free $73
5-yr Claim Free $73
Paid in Full/EFT $43
Advance Quote $52
Online Quote $78
Total Discounts $462
Rate after discounts $698

Discounts are estimated and may not be available from every company or in every state.

Find companies with the cheapest rates in your area

2006 Ford Mustang Insurance Rates by State
State Premium
Alabama $1,048
Alaska $890
Arizona $964
Arkansas $1,160
California $1,324
Colorado $1,106
Connecticut $1,192
Delaware $1,312
Florida $1,452
Georgia $1,072
Hawaii $832
Idaho $786
Illinois $864
Indiana $876
Iowa $782
Kansas $1,102
Kentucky $1,582
Louisiana $1,718
Maine $716
Maryland $958
Massachusetts $926
Michigan $2,012
Minnesota $970
Mississippi $1,390
Missouri $1,028
Montana $1,246
Nebraska $916
Nevada $1,394
New Hampshire $836
New Jersey $1,298
New Mexico $1,028
New York $1,222
North Carolina $670
North Dakota $952
Ohio $800
Oklahoma $1,190
Oregon $1,062
Pennsylvania $1,106
Rhode Island $1,546
South Carolina $1,052
South Dakota $980
Tennessee $1,014
Texas $1,396
Utah $858
Vermont $794
Virginia $694
Washington $894
West Virginia $1,062
Wisconsin $802
Wyoming $1,034

Free Auto Insurance Comparison

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