Ford Mustang GT 2-Dr Convertible Insurance Rates

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:

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

Price Range for Insurance for this Ford Mustang Trim Level

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.

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.

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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.

View Chart as Image