Ford Mustang GT 2-Dr Convertible Insurance Rates

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Average auto insurance rates for a Ford Mustang GT 2-Dr Convertible are $1,514 annually for full coverage insurance. Comprehensive insurance costs approximately $326 each year, collision costs $666, and liability insurance costs $364. Buying just liability costs as little as $430 a year, with insurance for high-risk drivers costing $3,292 or more. Teenage drivers receive the highest rates at $5,564 a year or more.

Annual premium for full coverage: $1,514

Rate estimates by individual coverage:

Comprehensive $326
Collision $666
Liability $364

40-year-old driver, full coverage with $500 deductibles, and good driving record

Price Range for Insurance for this Ford Mustang Trim Level

For the average 40-year-old driver, prices go from as cheap as $430 for the bare minimum liability coverage to a high rate of $3,292 for coverage for higher-risk drivers.

Liability Only $430
Full Coverage $1,514
High Risk $3,292

These differences illustrate why all drivers should compare rates using their specific location and their own personal driving habits, rather than relying 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.

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Auto insurance rates for a Ford Mustang GT 2-Dr Convertible can also vary considerably based on the model year of your Mustang, your risk profile, and physical damage deductibles and liability limits.

More mature drivers with a good driving record and high physical damage deductibles could pay as little as $1,400 per year on average for full coverage. Prices are much higher for teen drivers, where even without any violations or accidents they will have to pay in the ballpark of $5,500 a year. View Rates by Age

If you like to drive fast or you caused a few accidents, you are probably paying anywhere from $1,800 to $2,500 in extra premium per year, depending on your age. Insurance for high-risk drivers can cost anywhere from 45% to 133% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles could save up to $670 each year, whereas increasing liability limits will push prices upward. Switching from a 50/100 bodily injury limit to a 250/500 limit will cost as much as $327 extra every year. View Rates by Deductible or Liability Limit

Where you live makes a big difference in Ford Mustang GT 2-Dr Convertible insurance rates. A 40-year-old driver could pay as low as $1,180 a year in states like , , and North Carolina, or be forced to pay as much as $1,800 on average in California, Montana, and Michigan. Rates by state and city are shown later in the article.

With so much variability in prices, the only way to figure out which car insurance is cheapest is to do a rate comparison from as many companies as possible. Every company uses a different method to calculate prices, and quoted rates can be significantly different between companies.

View Chart as Image

Ford Mustang GT 2-Dr Convertible insurance cost comparison chart
Column chart showing Ford Mustang GT 2-Dr Convertible insurance prices range from $856 to $5,564 for full coverage

The chart estimates Ford Mustang GT 2-Dr Convertible insurance prices for different situations. The lowest price with discounts is $856. Drivers who use higher $1,000 deductibles will pay about $1,290. The average price for a middle-aged driver with a clean driving record using $500 deductibles is $1,514. Using lower $100 deductibles for physical damage coverage can cost as much as $1,956. Drivers with multiple violations and accidents could be charged as much as $3,292. The policy rate for full coverage for a teenager is $5,564.

Ford Mustang GT 2-Dr Convertible Insurance Rates by State
State Premium Compared to U.S. Avg Percent Difference
Alabama $1,370 -$144 -9.5%
Alaska $1,160 -$354 -23.4%
Arizona $1,258 -$256 -16.9%
Arkansas $1,514 -$0 0.0%
California $1,726 $212 14.0%
Colorado $1,448 -$66 -4.4%
Connecticut $1,558 $44 2.9%
Delaware $1,716 $202 13.3%
Florida $1,894 $380 25.1%
Georgia $1,400 -$114 -7.5%
Hawaii $1,088 -$426 -28.1%
Idaho $1,026 -$488 -32.2%
Illinois $1,128 -$386 -25.5%
Indiana $1,140 -$374 -24.7%
Iowa $1,022 -$492 -32.5%
Kansas $1,440 -$74 -4.9%
Kentucky $2,068 $554 36.6%
Louisiana $2,242 $728 48.1%
Maine $936 -$578 -38.2%
Maryland $1,250 -$264 -17.4%
Massachusetts $1,210 -$304 -20.1%
Michigan $2,634 $1,120 74.0%
Minnesota $1,268 -$246 -16.2%
Mississippi $1,816 $302 19.9%
Missouri $1,344 -$170 -11.2%
Montana $1,626 $112 7.4%
Nebraska $1,196 -$318 -21.0%
Nevada $1,818 $304 20.1%
New Hampshire $1,092 -$422 -27.9%
New Jersey $1,692 $178 11.8%
New Mexico $1,342 -$172 -11.4%
New York $1,596 $82 5.4%
North Carolina $874 -$640 -42.3%
North Dakota $1,242 -$272 -18.0%
Ohio $1,046 -$468 -30.9%
Oklahoma $1,558 $44 2.9%
Oregon $1,388 -$126 -8.3%
Pennsylvania $1,446 -$68 -4.5%
Rhode Island $2,020 $506 33.4%
South Carolina $1,374 -$140 -9.2%
South Dakota $1,278 -$236 -15.6%
Tennessee $1,328 -$186 -12.3%
Texas $1,826 $312 20.6%
Utah $1,124 -$390 -25.8%
Vermont $1,038 -$476 -31.4%
Virginia $908 -$606 -40.0%
Washington $1,170 -$344 -22.7%
West Virginia $1,390 -$124 -8.2%
Wisconsin $1,050 -$464 -30.6%
Wyoming $1,350 -$164 -10.8%

View Chart as Image

Ford Mustang GT 2-Dr Convertible insurance rates by U.S. city

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Rates by Driver Age

Ford Mustang GT 2-Dr Convertible Insurance Rates by Driver Age
Driver Age Premium
16 $5,564
20 $3,526
30 $1,588
40 $1,514
50 $1,382
60 $1,358

Full coverage, $500 deductibles

Rates by Deductible

Ford Mustang GT 2-Dr Convertible Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,956
$250 $1,750
$500 $1,514
$1,000 $1,290

Full coverage, driver age 40

Rates by Liability Limit

Ford Mustang GT 2-Dr Convertible Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,514
50/100 $1,587
100/300 $1,678
250/500 $1,914
100 CSL $1,623
300 CSL $1,823
500 CSL $1,969

Full coverage, driver age 40

Rates for High Risk Drivers

Ford Mustang GT 2-Dr Convertible Insurance Rates for High Risk Drivers
Age Premium
16 $7,968
20 $5,610
30 $3,378
40 $3,292
50 $3,142
60 $3,114

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 $215

Potential Rate Discounts

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

Discount Savings
Multi-policy $81
Multi-vehicle $79
Homeowner $21
5-yr Accident Free $118
5-yr Claim Free $99
Paid in Full/EFT $74
Advance Quote $78
Online Quote $108
Total Discounts $658
Rate after discounts $856

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

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