The 2024 Ford Bronco costs an average of $2,040 per year ($170/month) to insure for full coverage — $36 above the national average.
How Much Does It Cost to Insure a Ford Bronco?
The average cost to insure a 2024 Ford Bronco is $2,040 per year ($170/month) for full coverage — $36 above the national average of $2,004. This vehicle's insurance cost is driven by off-road orientation, below-average crash ratings versus crossovers, and high theft risk.
| Insurer | Full Coverage/Yr | Liability Only/Yr | Best For |
|---|---|---|---|
| Geico | $1,713 | $652 | Clean record drivers |
| State Farm | $1,978 | $754 | Local agent experience |
| Progressive | $2,203 | $836 | High-risk drivers |
| Allstate | $2,427 | $918 | New car replacement |
| Nationwide | $1,856 | $714 | Safe driver rewards |
| USAA | $1,489 | $571 | Military only |
What Factors Determine Ford Bronco Insurance Rates
- Model year: Newer Ford Bronco models cost more to insure due to higher vehicle values and more expensive technology components.
- Trim level: Higher trim levels with more features cost more since repairs are more expensive.
- Your location: Ford Bronco insurance rates can vary by 50–100% between states.
- Your driving record: Your personal driving history affects your rate far more than the vehicle itself.
- Deductible choice: A $1,000 deductible instead of $500 reduces your Ford Bronco premium by approximately 15–20 percent.
Cheapest Way to Insure a Ford Bronco
- Compare at least 5 insurers — rates for the Ford Bronco vary significantly between companies.
- Bundle your Ford Bronco insurance with home or renters insurance for 10–25% multi-policy savings.
- Choose a higher deductible to save 15–20 percent on collision and comprehensive.
- Enroll in a telematics program if you are a safe driver for 10–30% additional savings.
- Ask about anti-theft and safety feature discounts that apply to the Ford Bronco.
Pro Tip
Get insurance quotes for the Ford Bronco before purchasing. The difference in insurance cost between trim levels and model years can be $400–$800 per year — a significant factor in total 5-year ownership cost.