2017 Ford Mustang Car Insurance Cost

Want better auto insurance rates for your Ford Mustang? Trying to find better insurance prices for a Ford Mustang can be an all-consuming task, but you can follow our auto insurance buying tips to find lower rates.

There is a right way and a wrong way to compare auto insurance rates and you need to know the best way to get price quotes for your Ford and obtain the lowest possible price.

You should make it a habit to compare prices before your policy renews because auto insurance prices are adjusted regularly by insurance companies. Despite the fact that you may have had the best deal for Mustang coverage two years ago other companies may now be cheaper. You can find a lot of misleading information regarding auto insurance on the web, but in a few minutes you can learn a lot of great tips on how to lower your auto insurance premiums.

Compare free insurance coverage quotes

Reducing your 2017 Ford Mustang insurance rates is a fairly straight forward process. Just spend a few minutes on the computer to compare free auto insurance quotes from some recommended companies. It is quite easy and can be accomplished in just a few minutes using one of these methods.

  1. Probably the best way to compare a lot of rates at once is a comparison rater form like this one (opens in new window). This quick form saves time by eliminating separate forms for every company. Taking the time to complete one form compares rates from many national carriers. Recommended for those who want to invest the least amount of time.
  2. A less efficient way to compare rate quotes consists of visiting each individual company website to complete their respective quote request forms. For sake of this example, let’s assume you need rates from USAA, Geico and Farmers. You would have to go to every website to enter your coverage information, which explains why we recommend starting with the first method. For a list of links to insurance companies in your area, click here.

How you compare quotes is your choice, just try to keep equivalent deductibles and coverage limits for each price quote. If you use different values for each quote then you won’t be able to decipher which rate is best.

Slash your auto insurance rates with discounts

Companies offering auto insurance do not advertise every disount available very clearly, so below is a list some of the more common and also the lesser-known discounts that you can inquire about if you buy auto insurance online.

  • Passenger Safety Discount – Vehicles equipped with air bags or motorized seat belts can get savings up to 30%.
  • Own a Home and Save – Owning a house can earn you a little savings because it shows financial diligence.
  • E-sign Discounts – Some larger companies give back up to $50 for signing up on their website.
  • College Student Discount – Any of your kids who are enrolled in a college that is more than 100 miles from home and won’t have access to an insured vehicle may be able to be covered for less.
  • No Claim Discounts – Insureds who avoid accidents and claims get the best auto insurance rates in comparison with drivers who are more careless.
  • Accident Forgiveness Coverage – Not necessarily a discount, but a handful of insurance companies allow you one accident before your rates go up so long as you are claim-free for a certain period of time.
  • Discount for Life Insurance – Select companies reward you with lower premium rates if you buy some life insurance in addition to your auto policy.
  • Multiple Policy Discount – When you combine your home and auto insurance with the same company they may give you a discount of at least 10 to 15 percent or more.
  • Senior Citizen Discount – Mature drivers can get a discount up to 10% for Mustang coverage.
  • Multi-Vehicle Discounts – Insuring multiple cars or trucks on one policy qualifies for this discount.

As a footnote on discounts, most discounts do not apply to the overall cost of the policy. Most only cut individual premiums such as physical damage coverage or medical payments. Despite the appearance that all those discounts means the company will pay you, it’s just not the way it works.

A few companies that possibly offer most of the discounts above possibly include:

Before you buy a policy, ask all the companies what discounts are available to you. Discounts might not be offered on policies in every state. To find auto insurance companies with significant discounts, click this link.

You are unique and your insurance coverage should be too

When choosing the best insurance coverage coverage for your personal vehicles, there isn’t really a “best” method to buy coverage. Everyone’s situation is unique.

For example, these questions can aid in determining whether you would benefit from professional advice.

  • Is a fancy paint job covered?
  • What is PIP insurance?
  • If I drive on a suspended license am I covered?
  • Does my policy cover me when driving someone else’s vehicle?
  • Should I get collision insurance on every vehicle?
  • Can I rent a car in Mexico?

If you can’t answer these questions but you think they might apply to your situation, you might consider talking to an agent. To find an agent in your area, simply complete this short form. It is quick, free and can help protect your family.

Coverages available on your policy

Learning about specific coverages of a insurance policy helps when choosing the best coverages and the correct deductibles and limits. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording.

Collision – This will pay to fix damage to your Mustang resulting from colliding with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things such as colliding with a tree, scraping a guard rail and hitting a mailbox. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. Another option is to choose a higher deductible to get cheaper collision coverage.

Comprehensive protection – This coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims like vandalism, damage from a tornado or hurricane, damage from flooding, hitting a deer and a broken windshield. The maximum payout your insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Uninsured or underinsured coverage – This protects you and your vehicle when other motorists either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants and damage to your Ford Mustang.

Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Frequently these limits are similar to your liability insurance amounts.

Medical expense coverage – Med pay and PIP coverage reimburse you for immediate expenses such as rehabilitation expenses, ambulance fees, doctor visits and X-ray expenses. They are often used in conjunction with a health insurance policy or if you lack health insurance entirely. Coverage applies to you and your occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Liability coverages – This coverage protects you from damage that occurs to people or other property. This insurance protects YOU from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have liability limits of 100/300/100 which means $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery. Another option is a combined single limit or CSL which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage protects against claims such as attorney fees, structural damage and funeral expenses. How much liability coverage do you need? That is a decision to put some thought into, but consider buying higher limits if possible.

Coverage on a shoestring budget

Consumers switch companies for a variety of reasons including not issuing a premium refund, an unsatisfactory settlement offer, lack of trust in their agent or even questionable increases in premium. Regardless of your reason for switching companies, finding a great new company can be less work than you think.

Lower-priced car insurance can be found from both online companies as well as from insurance agents, and you need to price shop both to have the best selection. Some insurance companies do not offer online price quotes and most of the time these regional carriers provide coverage only through independent agencies.

As you restructure your insurance plan, never sacrifice coverage to reduce premiums. There are many occasions where someone dropped comprehensive coverage or liability limits and discovered at claim time that a couple dollars of savings turned into a financial nightmare. The goal is to get the best coverage possible at the best price, but do not sacrifice coverage to save money.

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