Cheap 2006 Ford GT Insurance Quotes

Comparison shopping for insurance can seem to be challenging for consumers new to buying insurance online. People have so many choices that it can be a big hassle to compare prices.

It is always a good idea to take a look at other company’s rates yearly because prices are variable and change quite frequently. Just because you found the lowest price for GT insurance two years ago you can probably find a lower rate today. Ignore everything you know about insurance because you’re about to find out the quickest way to find better coverage at a better price.

If you have car insurance now, you will be able to lower your premiums substantially using this strategy. Pricing more affordable insurance coverage coverage is simple if you know the tricks. But car owners do need to learn the way companies price online insurance.

Comprehensive Car Insurance Comparison

To find the best car insurance prices, there are several ways to get quotes from different insurance companies. The easiest way to find the cheapest 2006 Ford GT insurance rates is simply to get online rate quotes. This is very easy and can be done in just a few minutes using one of these methods.

  • The single most time-saving way to compare a lot of rates at once would be an industry-wide quote request form click to view form in new window. This type of form prevents you from having to do separate forms for each company you want a rate for. Just one form compares rates from all major companies. This is perfect if you don’t have a lot of time.
  • A slightly less efficient method to analyze rates consists of going to each individual company website and request a quote. For sake of this example, let’s assume you want to compare rates from Liberty Mutual, Progressive and State Farm. To get each rate you have to take the time to go to each site and enter your information, and that’s why the first method is more popular. For a list of links to companies insuring cars in your area, click here.
  • The least efficient method of comparing rate quotes is driving to and from local insurance agencies. The ability to buy insurance online eliminates the need for an insurance agent unless you prefer the personal advice of a local agent. It is possible to comparison shop your insurance online but buy from a local insurance agent and you’ll learn how to do that later.

Whichever method you choose, ensure you are comparing apples-to-apples coverages for each price quote. If your comparisons have different limits and deductibles on each one it will be impossible to find the best deal for your Ford GT. Just a small difference in coverage limits may cause a big price difference. And when comparison shopping, comparing a large number of companies helps locate a lower rate.

Discounts on 2006 Ford GT insurance

Car insurance can cost a lot, but companies offer discounts to reduce the price significantly. A few discounts will automatically apply when you complete an application, but some must be specially asked for before they will apply.

  • Safety Course Discount – Completing a course teaching defensive driving skills could save 5% or more depending on where you live.
  • Auto/Home Discount – If you insure your home and vehicles with one insurance company you will save approximately 10% to 15%.
  • Organization Discounts – Participating in a qualifying organization could trigger savings when shopping for insurance coverage for GT insurance.
  • Anti-lock Brake System – Anti-lock brake equipped vehicles can avoid accidents and qualify for as much as a 10% discount.
  • Payment Discounts – If you pay your bill all at once instead of making monthly payments you could save 5% or more.

It’s important to understand that some credits don’t apply to your bottom line cost. A few only apply to specific coverage prices like liability and collision coverage. So even though it sounds like adding up those discounts means a free policy, insurance coverage companies aren’t that generous. Any qualifying discounts will reduce your overall premium however.

Car insurance companies that may have these benefits include:

Double check with every prospective company what discounts are available to you. Discounts may not be available in your state.

Complexity of Ford GT insurance rates

It’s important that you understand the different types of things that go into determining auto insurance rates. Having a good understanding of what impacts premium levels helps enable you to make changes that can help you get better auto insurance rates.

  • Special features that cut premiums – Purchasing a vehicle with a theft deterrent system can save you a little every year. Anti-theft devices like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all aid in stopping your vehicle from being stolen.
  • Never let your coverage lapse – Driving without insurance is against the law and your next policy will cost more because you let your insurance lapse. Not only will rates go up, failure to provide proof of insurance might get you a license revocation or jail time.You may then be required to prove you have insurance by filing a SR-22 with your state motor vehicle department to get your license reinstated.
  • Rate your vehicle for proper use – The higher the mileage driven each year the higher your rates will be. Most companies apply a rate based on their usage. Autos left parked in the garage can get a lower rate than vehicles that are driven to work every day. Improper usage on your GT can cost quite a bit. Make sure your auto insurance declarations sheet shows the correct usage for each vehicle, because it can save money.
  • Choose a safe vehicle and save – Vehicles with good safety scores are cheaper to insure. Safe vehicles reduce injuries and lower injury rates means less money paid by your insurance company passed on to you as lower rates. If your Ford GT is rated at least four stars on Safercar.gov or an “acceptable” rating on iihs.org it may be receiving lower rates.
  • Marriage brings a discount – Having a wife or husband can actually save you money on your auto insurance policy. It usually means you are more responsible and statistics show married drivers get in fewer accidents.
  • Rural vs Urban Areas – Residing in a small town has it’s advantages when insuring your vehicles. Lower population means reduced accidents and also fewer theft and vandalism claims. City drivers regularly have congested traffic and much longer commute distances. Higher commute times means higher likelihood of an accident.
  • How your age affects price – Young drivers have a tendency to be less responsible in a vehicle so auto insurance rates are higher. Mature drivers tend to be more responsible, tend to cause fewer accidents and receive fewer citations.

Tailor your coverage to you

When it comes to buying proper insurance coverage for your personal vehicles, there isn’t really a perfect coverage plan. Every insured’s situation is different.

For example, these questions may help you determine whether or not you will benefit from professional help.

  • Does my 2006 Ford GT need full coverage?
  • Do I need roadside assistance coverage?
  • How high should my medical payments coverage be?
  • If I drive on a suspended license am I covered?
  • Should I sign the liability waiver when renting a car?
  • Am I covered when delivering products for my home-based business?
  • Should I buy more coverage than the required minimum liability coverage?

If you’re not sure about those questions then you might want to talk to an agent. To find lower rates from a local agent, fill out this quick form.

Advertising myths

State Farm and Allstate continually stream television and radio advertisements. All the companies have a common claim that you’ll save big after switching to their company. How does each company claim to save you money? This is how they do it.

All the different companies have a certain “appetite” for the right customer they prefer to insure. An example of a driver they prefer could be over the age of 50, is a homeowner, and has excellent credit. A customer who fits that profile receives the best rates and therefore will save when they switch companies.

Consumers who don’t qualify for the requirements will be charged higher premiums and ends up with business not being written. The ads say “drivers who switch” not “everybody who quotes” save that kind of money. That is how companies can truthfully make the claims of big savings.

That is why you should compare as many rates as you can. It’s impossible to know the company that will provide you with the cheapest Ford GT insurance rates.

Detailed coverages of your insurance policy

Learning about specific coverages of a insurance policy aids in choosing the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring.

Coverage for medical expenses

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses for rehabilitation expenses, surgery, doctor visits, EMT expenses and hospital visits. They are often used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. PIP is not universally available and gives slightly broader coverage than med pay

Coverage for collisions

This covers damage to your GT caused by collision with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims like sideswiping another vehicle, crashing into a building and driving through your garage door. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. Another option is to increase the deductible to bring the cost down.

Comprehensive insurance

Comprehensive insurance pays for damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things such as vandalism, a tree branch falling on your vehicle, rock chips in glass and damage from flooding. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Coverage for uninsured or underinsured drivers

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. Covered claims include injuries to you and your family and also any damage incurred to your 2006 Ford GT.

Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Usually the UM/UIM limits do not exceed the liability coverage limits.

Auto liability

This protects you from injuries or damage you cause to a person or their property that is your fault. This insurance protects YOU against other people’s claims, and does not provide coverage for your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see liability limits of 25/50/25 which means a $25,000 limit per person for injuries, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property. Another option is one limit called combined single limit (CSL) which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability insurance covers claims such as repair bills for other people’s vehicles, court costs and medical services. How much coverage you buy is your choice, but consider buying higher limits if possible.

Final considerations

The cheapest 2006 Ford GT insurance can be bought on the web as well as from independent agents, and you need to price shop both in order to have the best chance of saving money. Some companies don’t offer the ability to get a quote online and most of the time these regional insurance providers sell through independent agents.

Drivers leave their current company for a variety of reasons including not issuing a premium refund, extreme rates for teen drivers, policy non-renewal or delays in paying claims. Regardless of your reason for switching companies, finding the right insurance coverage provider is actually quite simple.

Throughout this article, we presented a lot of ways to shop for insurance online. It’s most important to understand that the more rate quotes you have, the higher your chance of finding lower rates. Consumers may even find the lowest priced insurance coverage comes from a smaller regional carrier.

Additional insurance coverage information is available below: