2017 Ford Shelby GT350 Insurance Rates

Comparison shopping for cheaper car insurance may be slightly frustrating for beginners to online price comparisons. Consumers have so many options available that it can turn into a challenge to compare prices.

How to compare free insurance coverage rate quotes

The majority of larger companies allow consumers to get coverage price quotes on their websites. Comparing rates online is pretty easy because it’s just a matter of typing in the coverage amounts you desire as requested by the quote form. Once you submit the form, their rating system gets your credit score and driving record and returns a price based on many factors.

Online quotes makes it a lot easier to compare rates but the work required to visit multiple sites and type in the same information is monotonous and tiresome. But it’s absolutely necessary to have as many quotes as possible in order to get better insurance coverage pricing.

There is a better way!

A quicker way to get multiple rate quotes uses just one form to obtain quotes from a bunch of companies at once. It saves time, helps eliminate reptitive entry, and makes online shopping much easier. After sending the form, it is rated and you can select any one of the quote results. If you find a better price you can click and sign and purchase coverage. It just takes a couple of minutes and may save quite a bit of money.

To quickly find out how much you’re overpaying now, click here and complete the simple form. If you have coverage now, it’s recommended you type in the limits and deductibles as shown on your current policy. This guarantees you’re receiving a price comparison for exact coverage.

Are you receiving every discount?

Auto insurance is easily one of your largest bills, but discounts can save money and there are some available to help offset the cost. Some trigger automatically when you get a quote, but once in a while a discount must be specially asked for prior to receiving the credit.

  • Theft Prevention Discount – Cars, trucks, and SUVs equipped with anti-theft or alarm systems are less likely to be stolen so companies will give you a small discount.
  • Senior Citizen Rates – Mature drivers can possibly qualify for reduced rates for Shelby GT350 insurance.
  • Multi-Vehicle Discounts – Insuring more than one vehicle on a single policy qualifies for this discount.
  • Payment Method – By paying your policy upfront instead of paying each month you can avoid the installment charge.
  • Multiple Policy Discount – If you insure your home and vehicles with one insurance company you may save at least 10 to 15 percent or more.
  • Student in College – Older children who are enrolled in a college that is more than 100 miles from home and won’t have access to an insured vehicle could qualify for this discount.

One thing to note about discounts is that most credits do not apply to the entire policy premium. Some only reduce specific coverage prices like liability, collision or medical payments. So even though you would think all those discounts means the company will pay you, you aren’t that lucky.

The best auto insurance companies and some of their more popular discounts can be read below.

  • Mercury Insurance offers discounts including professional/association, age of vehicle, good driver, multi-policy, annual mileage, and location of vehicle.
  • Farmers Insurance has savings for bundle discounts, homeowner, youthful driver, early shopping, electronic funds transfer, switch companies, and good student.
  • Farm Bureau offers discounts for renewal discount, youthful driver, driver training, multi-policy, multi-vehicle, good student, and safe driver.
  • State Farm discounts include good driver, defensive driving training, safe vehicle, multiple autos, and driver’s education.
  • Allstate offers premium reductions for premier discount, good student, teenSMART discount, new car, and economy car.
  • GEICO has discounts for daytime running lights, emergency military deployment, anti-lock brakes, air bags, military active duty, and driver training.

When getting free car insurance quotes, it’s a good idea to each company the best way to save money. Some discounts listed above may not be available in your area. If you would like to see a list of providers who offer free auto insurance quotes, click this link.

Get cheaper insurance prices by understanding these factors

Many things are taken into consideration when pricing auto insurance. Some factors are common sense like your driving record, although others are not as apparent like your continuous coverage or your financial responsibility.Part of the car insurance buying process is learning some of the elements that aid in calculating your premiums. If you have some idea of what determines premiums, this helps enable you to make changes that can help you get big savings.

The factors shown below are most of the major factors that factor into your premiums.

  • Safer vehicles cost less to insure – Vehicles with high crash test scores tend to have lower insurance rates. Vehicles engineered for safety help reduce the chance of injuries in an accident and lower rates of occupant injuries translates directly to fewer claims and thus lower rates. If the Ford Shelby GT350 scored at minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you are probably receiving a discount.
  • Obey driving laws and save – How you drive has a big impact on rates. Having just one speeding ticket or other violation can bump up the cost forty percent or more. Attentive drivers pay less for auto insurance compared to bad drivers. People who have careless citations such as reckless driving, hit and run or driving under the influence may be required to maintain a SR-22 with their state’s licensing department in order to prevent their license from being revoked.
  • Liability is cheap – Liability coverage is the coverage that protects you if ever a jury decides you are liable for damages caused by your negligence. It provides for a legal defense to attempt to prove you were not liable. Liability insurance is quite affordable compared to physical damage coverage, so do not cut corners here.
  • Drive lots and pay more – The higher the mileage driven each year the more you will pay for car insurance. The majority of insurers apply a rate based on how the vehicle is used. Cars left parked in the garage receive better premium rates as compared to vehicles used primarily for driving to work. An improperly rated Shelby GT350 can result in significantly higher rates. Ask your agent if your car insurance coverage is showing the correct usage for each vehicle.
  • Stay claim-free and lower premiums – Car insurance companies provide the lowest premiums to drivers who only file infrequent claims. If you are the type of insured that files lots of claims you can expect higher premiums or even policy non-renewal. Your insurance policy is designed for larger claims.

When in doubt talk to an agent

When choosing adequate coverage, there really is not a single plan that fits everyone. Everyone’s needs are different.

For instance, these questions can help discover if your insurance needs might need an agent’s assistance.

  • Are there companies who specialize in insuring high-risk drivers?
  • I have good health insurance, so how much medical payments coverage do I need?
  • Am I covered when delivering products for my home-based business?
  • Am I covered if I drive in a foreign country?
  • Does my policy cover me when driving someone else’s vehicle?
  • How do I file an SR-22 for a DUI in my state?
  • When can my company non-renew my policy?

If you can’t answer these questions, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form.

Learn about car insurance coverages for a 2017 Ford Shelby GT350

Having a good grasp of your policy aids in choosing the right coverages at the best deductibles and correct limits. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording.

UM/UIM Coverage

Your UM/UIM coverage gives you protection when other motorists are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries and also any damage incurred to your 2017 Ford Shelby GT350.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked.

Medical costs insurance

Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses for funeral costs, rehabilitation expenses, dental work, nursing services and prosthetic devices. The coverages can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Coverage applies to you and your occupants and also covers getting struck while a pedestrian. PIP is not universally available but can be used in place of medical payments coverage

Coverage for collisions

This pays to fix your vehicle from damage resulting from colliding with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.

Collision coverage protects against claims such as sideswiping another vehicle, hitting a mailbox, damaging your car on a curb, crashing into a ditch and colliding with a tree. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. Drivers also have the option to bump up the deductible in order to get cheaper collision rates.

Comprehensive or Other Than Collision

Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things like fire damage, damage from flooding, theft, damage from a tornado or hurricane and a tree branch falling on your vehicle. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Liability insurance

Liability coverage can cover injuries or damage you cause to a person or their property that is your fault. This coverage protects you from legal claims by others. It does not cover your own vehicle damage or injuries.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 50/100/50 which stand for $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery.

Liability coverage protects against things like legal defense fees, court costs, attorney fees and repair costs for stationary objects. How much coverage you buy is up to you, but you should buy higher limits if possible.

A fool and his money are soon parted

As you restructure your insurance plan, don’t be tempted to skimp on coverage in order to save money. Too many times, drivers have reduced full coverage only to find out that it was a big error on their part. The aim is to purchase a proper amount of coverage at an affordable rate, but do not sacrifice coverage to save money.

Insureds leave their current company for many reasons like extreme rates for teen drivers, being labeled a high risk driver, delays in responding to claim requests and even not issuing a premium refund. Regardless of your reason for switching companies, finding a new company is actually quite simple.

We covered many ideas to save on 2017 Ford Shelby GT350 insurance. The key thing to remember is the more rate comparisons you have, the better chance you’ll have of finding low cost car insurance. Drivers may discover the biggest savings come from a small mutual company.

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