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A 2017 Ford GT starts at a base price of $450,000. With the average insurance rate at $2,940 per year, the annual insurance cost–to–base car price ratio is 0.7%. Compared to the Mustang, it’s much more expensive to insure, but it’s also about 18 times the price.
| Model | Monthly insurance rate | Base car price |
|---|---|---|
| GT | $245 | $450,000 |
| Mustang | $166 | $25,185 |
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The Ford GT costs more to insure because it’s made for speed and has a much higher crash rate than other vehicles. Also, this car comes with high theft rates which contributes to its steep premiums.
You could save money on car insurance for your Ford GT if it comes equipped with these safety features.
Similar to many sports car, the 2017 model of the Ford GT has not been evaluated by the Insurance Institute for Highway Safety (IIHS) and the National Highway Traffic Safety Administration (NHTSA) for safety ratings.
In 2005, there was only one Ford GT models stolen, according to the NHTSA.
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