2012 Ford Mustang Insurance Quotes – 6 Ideas for Cheapest Rates

Trying to find cheaper auto insurance rates for your Ford Mustang? People not familiar with price shopping insurance online could find shopping for affordable auto insurance nearly impossible.

You need to get comparison quotes quite often since insurance rates are rarely the same from one policy term to another. Even if you think you had the lowest price on Mustang insurance two years ago other companies may now be cheaper. Forget anything you know (or think you know) about auto insurance because I’m going to let you in on the secrets to the easiest way to find the best coverage while lowering your premiums.

Shopping for affordable protection is simple if you know the tricks. Basically, everyone who has to buy car insurance should be able to find lower rates. Nevertheless, drivers must comprehend the way insurance companies price insurance differently and take advantage of how the system works.

Save with discounts on 2012 Ford Mustang insurance

Car insurance can cost a lot, but discounts can save money and there are some available to help offset the cost. Certain discounts will be triggered automatically at the time you complete a quote, but a few must be asked for before they will apply.

  • Auto/Home Discount – When you combine your home and auto insurance with the same company you may earn approximately 10% to 15%.
  • Senior Discount – If you qualify as a senior citizen, you may be able to get a discount up to 10% on Mustang insurance.
  • Student in College – Youth drivers who live away from home without a vehicle on campus may qualify for this discount.
  • Seat Belts Save – Using a seat belt and requiring all passengers to wear their seat belts could cut 10% or more off the personal injury premium cost.
  • New Vehicle Savings – Insuring a new car can be considerably cheaper due to better safety requirements for new cars.
  • Payment Method – If paying your policy premium upfront instead of paying each month you can actually save on your bill.

It’s important to understand that some credits don’t apply to all coverage premiums. Some only apply to the price of certain insurance coverages like liability and collision coverage. So when the math indicates you can get free auto insurance, you’re out of luck. But all discounts will help reduce the cost of coverage.

For a list of providers who offer auto insurance discounts, click here.

Tailor your coverage to you

When choosing adequate coverage for your vehicles, there isn’t really a perfect coverage plan. Every insured’s situation is different.

These are some specific questions can aid in determining whether or not you may require specific advice.

  • How can I get my company to pay me more for my totalled car?
  • Is there coverage for injuries to my pets?
  • Is my trailer covered?
  • What is roadside assistance coverage?
  • I don’t drive much so do I pay less?
  • What is medical payments coverage?
  • Will my insurance pay for OEM parts?
  • Why do I need rental car insurance?

If you can’t answer these questions but you know they apply to you, you may need to chat with an agent. To find an agent in your area, complete this form.

Car insurance coverages 101

Knowing the specifics of car insurance aids in choosing appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be ambiguous and nobody wants to actually read their policy.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.

Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea. Most of the time these coverages are identical to your policy’s liability coverage.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance reimburse you for bills such as funeral costs, nursing services and ambulance fees. They are often used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. It covers all vehicle occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay

Collision insurance

Collision coverage pays for damage to your Mustang resulting from colliding with another car or object. A deductible applies and then insurance will cover the remainder.

Collision coverage pays for claims such as colliding with another moving vehicle, crashing into a ditch and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to increase the deductible in order to get cheaper collision rates.

Coverage for liability

Liability coverage will cover damage that occurs to people or other property. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 25/50/25 which means a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property. Occasionally you may see one number which is a combined single limit which provides one coverage limit without having the split limit caps.

Liability coverage protects against things like funeral expenses, repair costs for stationary objects, repair bills for other people’s vehicles, attorney fees and emergency aid. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase higher limits if possible.

Comprehensive auto coverage

Comprehensive insurance pays for damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like a broken windshield, hitting a bird, hail damage and damage from a tornado or hurricane. The highest amount a car insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low consider dropping full coverage.

More quotes mean more savings

Cheaper 2012 Ford Mustang insurance can be bought 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 auto insurance companies may not provide online quoting and usually these small, regional companies provide coverage only through local independent agents.

Insureds change insurance companies for many reasons like poor customer service, an unsatisfactory settlement offer, delays in paying claims and policy non-renewal. Regardless of your reason for switching companies, choosing a new company is not as hard as you think.

As you prepare to switch companies, you should never buy lower coverage limits just to save a few bucks. In many instances, someone dropped liability limits or collision coverage only to discover later that it was a big error on their part. Your goal should be to find the BEST coverage for the lowest price.

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