Ford GT Car Insurance Rates

Ford GT car insurance rates, on average, $245 a month, or $2,940 a year. That’s more than double the average cost for a car in the country. Depending on your driving record, the amount of miles you travel each year, and other variables, your actual cost may be more or lower. The Ford GT debuted in 2005, and it was completely reworked for 2017 before going on sale. Between 2005 and 2006, the first generation sold over 4,000 units in the United States. With the new GT model, Ford aimed for it to have “one of the greatest performance to weight” ratios of any mass-produced vehicle.

Why is insurance so expensive for the Ford GT?

Ford GT Car Insurance Rates - Ford Logo

With its focus on speed and a significantly greater accident rate than other models, Ford GT insurance is more expensive. The high theft rate of this vehicle also adds to the high premiums.

Ford GT insurance rates

High theft and accident rates make sports vehicles like the GT and Mustang more expensive to insure. However, in view of its high purchase price, the GT’s insurance costs are comparable to those of similar models in the same price range.

The starting price for a 2017 Ford GT is $450,000. The yearly insurance cost-to-base vehicle price ratio is 0.7 percent, with an average insurance premium of $2,940 per year. It’s more costly to insure than the Mustang, but it’s also approximately 18 times as expensive.

Does the GT qualify for car insurance discounts?

If your Ford GT has the following safety features, you may be able to save money on your auto insurance.

  • Anti-lock brakes
  • Stability control
  • Airbags
  • Seatbelt pretensioners
  • Anti theft system

How safe is the GT?

For safety ratings, the 2017 Ford GT has not been assessed by the Insurance Institute for Highway Safety or the National Highway Traffic Safety Administration.

According to the NHTSA, just one Ford GT was stolen in 2005.

To see which rates are the lowest, read our analysis of Chevrolet Corvette Insurance Rates.