Ford Mustang Shelby GT500 2-Dr Coupe Insurance Rates

The average insurance rates for a Ford Mustang Shelby GT500 2-Dr Coupe are $2,044 a year with full coverage. Comprehensive costs approximately $438, collision costs $952, and liability costs $454. Buying just liability costs as little as $538 a year, with insurance for high-risk drivers costing around $4,454. Teenage drivers cost the most to insure at $7,460 a year or more.

Annual premium for full coverage: $2,044

Policy rates by type of coverage:

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

Price Range for Insurance for this Ford Mustang Trim Level

Urban vs. Rural Price Range

Your location can have significant affects on the price of insurance. Rural locations are shown to have lower incidents of collision claims than densely populated cities.

The example below illustrates how location helps determine auto insurance prices.

These price differences demonstrate why everyone should compare rates using their specific location, instead of using average rates.

Use the form below to get rates for your location.

Insurance rates for a Ford Mustang Shelby GT500 2-Dr Coupe also range considerably based on the replacement cost of your Mustang, your age and driving habits, and physical damage deductibles and liability limits.

If you have a few points on your driving record or you caused an accident, you may be forking out anywhere from $2,400 to $3,300 extra every year, depending on your age. Ford Mustang Shelby GT500 2-Dr Coupe insurance for high-risk drivers can cost as much as 44% to 131% more than a normal policy. View High Risk Driver Rates

A more mature driver with a clean driving record and higher comprehensive and collision deductibles may pay as little as $1,900 per year on average, or $158 per month, for full coverage. Prices are much higher for teenagers, since even teens with perfect driving records can expect to pay in the ballpark of $7,400 a year. View Rates by Age

Your home state makes a big difference in Ford Mustang Shelby GT500 2-Dr Coupe insurance prices. A 40-year-old driver could pay as low as $970 a year in states like Vermont, Ohio, and Indiana, or be forced to pay as much as $1,790 on average in Montana, Michigan, and New Jersey. Rates by state and city are shown later in the article.

Using high physical damage deductibles could save up to $940 every year, whereas buying more liability protection will push prices upward. Moving from a 50/100 bodily injury protection limit to a 250/500 limit will raise prices by up to $408 more per year. View Rates by Deductible or Liability Limit

Because prices have so much variability, the best way to find out which insurance company is cheapest is to regularly compare prices and see which company has the best price. Every company uses a different method to calculate prices, so the rates will be varied.

View Chart as Image

The chart above shows Ford Mustang Shelby GT500 2-Dr Coupe insurance prices for different risks and coverage choices. The best price after discounts is $1,141. Drivers who use higher $1,000 deductibles will pay $1,728. The average price for a middle-aged driver with a clean driving record using $500 deductibles is $2,044. Selecting more expensive $100 deductibles for comp and collision coverage can cost as much as $2,662. Drivers with multiple violations and accidents could be charged around $4,454. The rate for full coverage insurance for a teenager is $7,460.

View Chart as Image