Annual full coverage insurance for a Ford Mustang Mach-E ranges from $1,226 with GEICO to $6,739 for younger drivers. Rates vary by model year, age and driving history. This MoneyGeek article analyzes costs and coverage options, providing insights into the best and most affordable insurers.
Ford Mustang Mach-E Insurance Cost
Updated: March 14, 2025
Key Takeaways
State Farm offers the most affordable minimum coverage across all Ford Mustang Mach-E model years at $469 annually.
For a Ford Mustang Mach-E, the average annual cost of minimum coverage is $577, while full coverage averages $1,593.
MoneyGeek's analysis included data from 598 insurance quotes for the Ford Mustang Mach-E from Quadrant Information Services.
Ford Mustang Mach-E Insurance Rates
What Is the Average Ford Mustang Mach-E Car Insurance Cost?
The average cost of insuring a Ford Mustang Mach-E with full coverage is $133 per month or $1,593 per year, based on a 40-year-old male with a clean driving record. Minimum coverage costs about $48 monthly or $577 annually.
| Minimum Coverage | $577 |
| Full Coverage | $1,593 |
Ford Mustang Mach-E Insurance Costs by Company
Ford Mustang Mach-E insurance costs range from $1,220 to $2,723 per year, depending on age, model year and coverage level. The table below compares average Mustang Mach-E insurance rates with the averages for all vehicles from several providers.
| Allstate | $2,172 | $1,809 | 20% |
| Auto-Owners | $1,267 | $1,226 | 3% |
| Farmers | $1,893 | $1,954 | -3% |
| GEICO | $1,220 | $1,331 | -8% |
| Kemper | $2,723 | $2,209 | 23% |
| Nationwide | $1,463 | $1,587 | -8% |
| Progressive | $1,659 | $1,742 | -5% |
| State Farm | $1,428 | $1,268 | 13% |
| Travelers | $1,381 | $1,521 | -9% |
| USAA | $1,276 | $1,199 | 6% |
Read more: Best Car Insurance Companies
Cost of Insuring a Ford Mustang Mach-E by Model Year
Your Ford Mustang Mach-E's production year can influence insurance rates, with older models typically costing less to insure. For example, a 2022 model has a full coverage rate of $1,588, compared to $1,600 for a 2021 model. Below are the average full and minimum coverage rates by production year.
| 2022 | $581 | $1,588 |
| 2021 | $593 | $1,600 |
Ford Mustang Mach-E Insurance Costs by Driver Age
Ford Mustang Mach-E insurance rates vary widely depending on the driver's age. For instance, 16-year-olds pay an average of $6,739 annually for full coverage, while 40-year-olds pay about $1,594. Below are the average minimum and full coverage rates for drivers of different ages.
| 16 | $2,605 | $6,739 |
| 17 | $2,140 | $5,534 |
| 18 | $1,870 | $4,892 |
| 19 | $1,335 | $3,527 |
| 20 | $1,202 | $3,213 |
| 21 | $965 | $2,619 |
| 22 | $881 | $2,409 |
| 23 | $819 | $2,249 |
| 24 | $778 | $2,139 |
| 25 | $684 | $1,893 |
| 26 | $667 | $1,874 |
| 27 | $651 | $1,829 |
| 28 | $640 | $1,799 |
| 29 | $631 | $1,772 |
| 30 | $610 | $1,698 |
| 35 | $593 | $1,633 |
| 40 | $587 | $1,594 |
| 45 | $582 | $1,565 |
| 50 | $568 | $1,514 |
| 55 | $553 | $1,468 |
| 60 | $553 | $1,462 |
| 65 | $590 | $1,522 |
| 70 | $641 | $1,625 |
| 75 | $710 | $1,777 |
| 80 | $802 | $1,968 |
| 85 | $865 | $2,110 |
| 90 | $911 | $2,207 |
Ford Mustang Mach-E Insurance Rates Explained
Several factors influence car insurance rates based on driver profiles. However, insurers also consider vehicle-related factors. Below is a list of cost factors tied to your car, including its make and model, age, safety features and repair costs.
Ford Mustang Mach-E Rates vs. National Average
All Vehicles
Average Full Coverage Rate
$1,296Ford Mustang Mach-E
Average Full Coverage Rate
$1,593Premiums for Ford Mustang Mach-E are:$297 more
This is 23% more expensive.
Value
The Ford Mustang Mach-E's MSRP is $65,390, categorizing it as a luxury electric car. Its high value can contribute to increased insurance premiums.
Performance
The Ford Mustang Mach-E's 0-to-60 time of 3.3 seconds and horsepower of 264 to 325 classify it as a high-performance vehicle. Insurers may charge higher premiums due to the perceived risk of such performance.
Fuel type
The Ford Mustang Mach-E is an electric vehicle, often resulting in higher insurance costs due to expensive battery repairs and fewer specialized repair shops.
Vehicle age
Newer Ford Mustang Mach-E models are generally more expensive to insure than older ones. However, collector and classic vehicles can be exceptions, often costing more to insure.
Safety features
Safety features such as stability control, airbags and antilock brakes in the Ford Mustang Mach-E may qualify for insurance discounts by lowering accident risks.
Trim level
Vehicles with higher trim levels, such as the Ford Mustang Mach-E's Select and Premium variants, have premium upgrades and higher MSRPs, resulting in increased insurance costs compared to the base model.
Theft rates
Vehicles with a higher risk of theft typically cost more to insure. The Ford Mustang Mach-E's theft risk is a factor that insurers consider when determining rates.
Anti-theft features
Vehicles with anti-theft features often qualify for insurance discounts. The Ford Mustang Mach-E's anti-theft systems can help lower its insurance premiums.
Cheapest Ford Mustang Mach-E Insurance
State Farm offers the lowest annual minimum coverage rate for a Ford Mustang Mach-E at $469, based on a 40-year-old male with a clean driving record. Below is a breakdown of the cheapest auto insurance options across coverage levels, age groups, driving records, model years and more.
Cheapest Ford Mustang Mach-E Insurance by Coverage Level
Choosing the right coverage level for your Ford Mustang Mach-E impacts your insurance cost. State Farm offers the cheapest minimum coverage, while GEICO provides the most affordable full coverage. Below is a breakdown of the lowest rates for each coverage option.
Cheapest Ford Mustang Mach-E Minimum Coverage
State Farm offers the cheapest minimum coverage for Ford Mustang Mach-E at $39 monthly. GEICO, Travelers and Nationwide also provide competitive rates ranging from $41 to $48.
| USAA | $35 | $421 |
| State Farm | $39 | $469 |
| GEICO | $41 | $487 |
| Travelers | $47 | $566 |
| Nationwide | $48 | $575 |
| Progressive | $54 | $645 |
| Farmers | $55 | $654 |
| Allstate | $56 | $673 |
*State Farm offers non-military-affiliated Ford Mustang Mach-E owners the lowest average minimum coverage insurance rate. USAA is the most affordable option for military-affiliated drivers.
Best Ford Mustang Mach-E Insurance Rates by Model Year
Since the above list doesn't account for the model production year, you might find lower rates depending on your vehicle's age. Use the table below to find the cheapest minimum coverage rates for every Ford Mustang Mach-E production year.
Data filtered by:Results filtered by:
Select
Model Year:2021
| Allstate | $670 | $56 |
| Farmers | $647 | $54 |
| GEICO | $487 | $41 |
| Nationwide | $577 | $48 |
| Progressive | $710 | $59 |
| State Farm | $470 | $39 |
| Travelers | $567 | $47 |
| USAA | $426 | $36 |
*USAA is available only to military veterans, active service members and their families.
Cheapest Full Coverage Ford Mustang Mach-E Insurance
GEICO offers the cheapest full coverage for the Ford Mustang Mach-E at $102 monthly or $1,226 annually. Explore the complete list of full coverage insurance providers and rates below.
| GEICO | $102 | $1,226 |
| USAA | $103 | $1,237 |
| Travelers | $115 | $1,375 |
| Nationwide | $115 | $1,381 |
| State Farm | $117 | $1,403 |
| Progressive | $138 | $1,652 |
| Farmers | $150 | $1,800 |
| Allstate | $176 | $2,106 |
Cheapest Ford Mustang Mach-E Insurance by Age
Young drivers (16 to 25) and seniors (55+) often face higher insurance rates for the Ford Mustang Mach-E. Below is a breakdown of the cheapest providers by age group.
Cheapest Ford Mustang Mach-E Insurance for Young Drivers
For drivers aged 16 to 25, the cheapest Ford Mustang Mach-E insurance is from State Farm. Minimum coverage costs $85 monthly or $1,022 yearly. Below are the cheapest car insurance options for young drivers.
| USAA | $73 | $871 |
| State Farm | $85 | $1,022 |
| GEICO | $94 | $1,129 |
| Travelers | $97 | $1,165 |
| Allstate | $123 | $1,475 |
| Nationwide | $125 | $1,498 |
| Farmers | $140 | $1,682 |
| Progressive | $155 | $1,858 |
*State Farm is the cheapest insurer for young non-military-affiliated drivers. USAA is the most affordable option for military-affiliated drivers.
Cheapest Ford Mustang Mach-E Insurance for Seniors
State Farm offers the cheapest car insurance for seniors aged 55 and up at $43 monthly or $515 annually. See the full list of affordable Ford Mustang Mach-E insurers below.
| State Farm | $43 | $515 |
| USAA | $46 | $556 |
| GEICO | $48 | $572 |
| Travelers | $56 | $674 |
| Nationwide | $56 | $676 |
| Allstate | $66 | $798 |
| Progressive | $67 | $808 |
| Farmers | $73 | $879 |
Cheapest Ford Mustang Mach-E Insurance After an Accident
State Farm, GEICO and Travelers offer Ford Mustang Mach-E drivers the most affordable car insurance after an accident. Check out the complete list below.
| State Farm | $49 | $590 |
| USAA | $53 | $636 |
| GEICO | $64 | $762 |
| Travelers | $67 | $802 |
| Nationwide | $72 | $868 |
| Allstate | $77 | $921 |
| Progressive | $86 | $1,028 |
| Farmers | $106 | $1,273 |
Ford Mustang Mach-E Insurance Cost: Bottom Line
Comparing rates from multiple providers can help you secure the most affordable car insurance. This article breaks down Ford Mustang Mach-E insurance, covering costs by demographics and identifying the cheapest providers.
Ford Mustang Mach-E Insurance Rates: FAQ
Below are frequently asked questions about Ford Mustang Mach-E insurance costs, helping you understand what to expect when insuring your vehicle.
What company has the cheapest car insurance for a Ford Mustang Mach-E?
State Farm offers the cheapest car insurance for a Ford Mustang Mach-E, with an annual minimum coverage rate of $469.
What is the average cost of car insurance for a Ford Mustang Mach-E?
The average annual insurance cost for a Ford Mustang Mach-E is $577 for minimum coverage and $1,593 for full coverage.
Ford Mustang Mach-E Insurance Ratings: Our Review Methodology
MoneyGeek analyzed data and 598 insurance quotes for a Ford Mustang Mach-E from Quadrant Information Services.
Drivers and Cars
MoneyGeek used a sample driver profile with the following characteristics to calculate the average rates for insuring a Ford Mustang Mach-E:
- 40-year-old male
- Clean driving record
- 12,000 miles driven annually
We also modified the sample driver profile to determine Ford Mustang Mach-E insurance rates for different age groups, driving records and model years. MoneyGeek collected data for the following model years:
- 2012
- 2013
- 2014
- 2015
- 2016
- 2017
- 2018
- 2019
- 2020
- 2021
- 2022
If data on specific model years wasn't available, our data scientists estimated rates based on how insurers typically price car models each year. The published rates are estimates and may not reflect the rate you'll receive for your Ford Mustang Mach-E.
Coverage Levels
Each state differs in minimum coverage requirements, so our rates are a combination of minimum coverage policies in the states where we gathered our data.
MoneyGeek’s analysis also includes average rates for a full coverage policy that includes comprehensive and collision coverage (with a $1,000 deductible) and the following increased liability coverage limits:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $100,000 property damage liability per accident
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.