Are Mustangs more expensive to insure?

Are Mustangs more expensive to insure?

Why is insurance more for a Mustang? Insurance may cost more for Mustangs because this type of car may be associated with higher rates of traffic accidents. However, your auto insurance rate is determined by many additional factors that may make your policy more or less affordable.30 Dec 2021

Is a Mustang considered a sports car for insurance?

Yes, any Mustang, regardless of engine size or number of cylinders is considered a sports car. Ford Motor Company lists the Mustang as part of their sports performance models, and this description is what most insurance companies look at when insuring a vehicle.

How much is insurance for a 17 year old with a Mustang?

Age Cost Per Month Cost Per Year --- -------------- ------------- 17 $396 $4,750 18 $292 $3,500 19 $271 $3,250 20 $250 $3,000

Is it expensive to own a Mustang?

Overall, the Ford Mustang offers long-term quality and reliability. The average annual maintenance cost is $709 verses an average vehicle cost of $651. While the Mustang is slightly more expensive to maintain versus the normal car, but it is significantly cheaper to maintain than other sports cars.25 Jun 2021

How much is insurance on a Mustang for a 19 year old?

Age Cost Per Month Cost Per Year --- -------------- ------------- 16 $500 $6,000 17 $396 $4,750 18 $292 $3,500 19 $271 $3,250

Are Ford Mustangs expensive to insure?

How Expensive Is It to Insure a Ford Mustang Compared to Other Cars? Driving a Ford Mustang is on the expensive side when it comes to a car insurance policy. It costs an average of $1,571 to insure a Ford Mustang, compared to an average of $1,428 across all models.3 Dec 2021

How much is insurance on a Ford Mustang for a 16-year-old?

Mustang insurance is even more expensive for younger drivers, specifically those who are under the age of 18 years. According to ValuePenguin, the average annual rate to insure a Ford Mustang for a 16-year-old driver is $5948 for a six-month policy.3 May 2021

Who is the cheapest car insurance for 18 year olds?

- Company. Annual Premium. - State Farm. $2,890. - GEICO. $3,446. - Allstate. $3,521. - Nationwide. $4,212. - Progressive. $6,280.

How much is insurance on a Mustang for an 18 year old?

How Much Does Car Insurance On A Mustang For An 18-Year-Old Cost? Insuring a Mustang for an 18-year-old typically costs between $3,281 and $10,411 per year. Young drivers are considered to be a higher risk than those over the age of 26.

How much is insurance for a Mustang for a 20 year old?

Driver age Allstate Farmers ---------- -------- ------- 18 $10,411 $2,990 20 $8,825 $2,543 22 $7,823 $1,747 25 $2,507 $1,509

Is a Mustang a good car for a 16 year old?

Mileage is relative, and Mustangs come in 6 and 8 cylinder models, the 6 is still powerful enough and gets better mileage. It also depends on how heavy a foot you have , your own driving habits and where you drive have a big influence. It isn't the most practical car for a 16 year old, but it can be fun to drive.