View 2009 Ford Shelby GT500 Car Insurance Quotes

Looking for the cheapest insurance rates for your Ford Shelby GT500? Have you had enough of robbing Peter to pay Paul to pay your car insurance bill each month? You’re in the same situation as many other drivers.

Popular companies such as Geico, 21st Century and Progressive constantly bombard you with fancy advertisements and it is difficult to ignore the flashy ads and effectively compare rates to find the best deal.

Compare Auto Insurance Today

Most companies like Progressive, Allstate and Geico provide coverage prices directly from their websites. Getting online quotes is quite simple as you simply type in your coverage information into a form. Behind the scenes, the company’s rating system pulls credit information and your driving record and provides a quote. Online quotes makes comparing rates easy, but the time it takes to visit a lot of sites and complete many quote forms gets old quite quickly. But it is imperative to compare as many rates as possible if you want to find a lower rate.

Rate comparisons made easy

An easier way to locate the lowest prices utilizes a single form to obtain quotes from many companies. It’s a real time-saver, requires less work, and makes quoting online much more enjoyable and efficient. As soon as the form is sent, it is quoted and you can choose any or none of the resulting price quotes.

If a lower price is quoted, you can click and sign and purchase the new policy. The whole process takes just a few minutes to complete and you’ll know if lower rates are available.

To save time and use this form to compare rates, click here to open in new window and submit the form. To compare your current rates, we recommend that you enter the limits and deductibles just like they are on your policy. This guarantees you’re receiving a fair comparison for similar insurance coverage.

Are car insurance companies telling the truth?

Progressive, Allstate and Geico regularly use television and radio advertisements. All the companies make the same claim of big savings if you move your coverage to them. How can each company say the same thing? It’s all in the numbers.

All companies have a preferred profile for the driver that makes them money. For example, a profitable customer could be a mature driver, owns a home, and chooses high deductibles. A propective insured who fits that profile gets the lowest rates and is almost guaranteed to save when switching.

Potential customers who don’t meet the requirements must pay a higher premium and this can result in the customer not buying. The ads state “customers that switch” not “everyone that quotes” save that much. This is how insurance companies can advertise the savings.

This illustrates why it’s extremely important to compare many company’s rates. It’s impossible to know which insurance companies will give you the biggest savings on Ford Shelby GT500 insurance.

Some factors that can determine what Ford Shelby GT500 insurance costs

It’s important that you understand the factors that play a part in calculating the rates you pay for car insurance. Having a good understanding of what influences your rates enables informed choices that could result in better car insurance rates.

  • Never allow your policy to lapse – Having an insurance coverage lapse will be a quick way to pay more for car insurance. Not only will rates go up, failure to provide proof of insurance might get you a steep fine or even jail time.
  • What are your deductibles? – Physical damage insurance, also known as collision and other-than-collision, is used to repair damage to your Ford. Some instances where coverage would apply would be colliding with a building, collision with an animal, and windstorm damage. Your deductibles are how much you are willing to pay before a claim is paid by your company. The more money you are required to pay out-of-pocket, the lower your rates will be on Shelby GT500 coverage.
  • Better credit means lower rates – A driver’s credit score is a big factor in calculating your car insurance rates. If your credit score is lower than you’d like, you could save money insuring your 2009 Ford Shelby GT500 by repairing your credit. People with good credit tend to be more responsible than drivers who have poor credit.
  • Being married can save on car insurance – Getting married helps lower the price when buying car insurance. Having a spouse is viewed as being more mature it has been statistically shown that married couples file fewer claims.
  • More than one policy can earn a discount – Most insurance companies provide better rates to customers who buy several policies from them such as combining an auto and homeowners policy. Discounts can be 10 percent or more. Even with this discount, you still need to compare rates to ensure the best deal.

These discounts can lower your rates

The cost of insuring your cars can be expensive, but discounts can save money and there are some available to reduce the price significantly. Certain discounts will be applied when you quote, but a few need to be asked about before they will apply.

  • E-sign – A few companies may give you up to $50 simply for signing on their website.
  • No Charge for an Accident – Certain companies will allow you to have one accident before hitting you with a surcharge so long as you haven’t had any claims prior to the accident.
  • Good Student – This discount can save 20 to 25%. The good student discount can last until age 25.
  • Defensive Driving Course – Taking a driver safety course could save 5% or more depending on where you live.
  • Employee of Federal Government – Employees or retirees of the government can save as much as 8% on Shelby GT500 coverage with select insurance companies.
  • Passive Restraints and Air Bags – Cars that have air bags can receive discounts up to 30%.
  • Early Signing – Some companies give discounts for signing up before your current policy expires. This can save 10% or more.

Keep in mind that most credits do not apply to your bottom line cost. Most only cut the cost of specific coverages such as comprehensive or collision. So when the math indicates having all the discounts means you get insurance for free, you’re out of luck. Any qualifying discounts will reduce the cost of coverage.

Companies that may offer some of the above discounts may include but are not limited to:

Double check with each company what discounts are available to you. Some discounts may not be available everywhere.

Different people need different coverages

When buying the right insurance coverage for your vehicles, there really is not a “best” method to buy coverage. Everyone’s needs are different so this has to be addressed. These are some specific questions might point out whether your personal situation will benefit from professional help.

  • Is motorclub coverage worth it?
  • What are the best liability limits?
  • What discounts do I qualify for?
  • What is the ISO rating for a 2009 Ford Shelby GT500?
  • Do I get a pro-rated refund if I cancel my policy early?
  • Can I rate high risk drivers on liability-only vehicles?
  • Should I carry comprehensive and collision coverage?
  • How much can I save by bundling my policies?

If you’re not sure about those questions, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, fill out this quick form or you can go here for a list of companies in your area.

Auto insurance coverage options for a Ford Shelby GT500

Knowing the specifics of your auto insurance policy helps when choosing appropriate coverage and proper limits and deductibles. Auto insurance terms can be confusing and nobody wants to actually read their policy. Below you’ll find typical coverages found on the average auto insurance policy.

Liability coverage

This will cover injuries or damage you cause to people or other property that is your fault. This insurance protects YOU against claims from other people, and does not provide coverage for your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 100/300/100 that translate to a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property. Another option is one number which is a combined single limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability insurance covers claims such as pain and suffering, attorney fees and structural damage. How much coverage you buy is a personal decision, but you should buy higher limits if possible.

Auto collision coverage

This coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as colliding with a tree, sustaining damage from a pot hole and rolling your car. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. Another option is to choose a higher deductible to save money on collision insurance.

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries and damage to your Ford Shelby GT500.

Since many drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked. Usually your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as damage from a tornado or hurricane, damage from flooding, damage from getting keyed, a tree branch falling on your vehicle and hail damage. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Insurance for medical payments

Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses for things like prosthetic devices, EMT expenses, doctor visits and X-ray expenses. The coverages can be used to fill the gap from your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants as well as being hit by a car walking across the street. PIP is not an option in every state but can be used in place of medical payments coverage

Be a smart shopper

Lower-priced 2009 Ford Shelby GT500 insurance can be sourced on the web and also from your neighborhood agents, and you need to comparison shop both in order to have the best price selection to choose from. Some insurance companies may not provide online price quotes and usually these small insurance companies provide coverage only through local independent agents.

As you shop your coverage around, make sure you don’t buy less coverage just to save a little money. There are too many instances where someone dropped physical damage coverage and found out when filing a claim that the small savings ended up costing them much more. Your strategy should be to buy enough coverage at an affordable rate while not skimping on critical coverages.

We just covered many ways to shop for insurance online. It’s most important to understand that the more rate comparisons you have, the higher the chance of saving money. Drivers may discover the best price on car insurance is with some of the smallest insurance companies. Regional companies may have significantly lower rates on certain market segments as compared to the big name companies such as Geico and State Farm.

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