2018 Ford Mustang Insurance Quotes – 6 Ways to Save

Trying to find the cheapest auto insurance rates for your Ford Mustang? Finding cheap coverage rates on Driversauto insurance is always quite difficult for drivers who are beginners to shopping for insurance online. With so many agents and companies competing online, it can easily turn into a difficult situation to compare prices.

Consumers need to take a look at other company’s rates occasionally since prices tend to go up over time. Even if you think you had the best rates on Mustang insurance two years ago there may be better deals available now. There is lot of inaccurate information about auto insurance on the web, but in this article, you’re going to get some good information on how to put money back in your pocket.

Compare free insurance coverage price quotes

There are a lot of ways to shop for insurance coverage, and some are easier and takes less work. You can spend your afternoon talking to insurance companies in your area, or you could use the web for quick rates.

Many of the larger companies enroll in a system that allows shoppers to enter their coverage request one time, and at least one company can provide price quotes based on that information. This prevents consumers from doing quote requests to every company.

To submit your quote information now, click to open in new window.

The only drawback to doing it this way is you can’t choose which insurance companies you want pricing from. If you prefer to choose from a list of companies to compare, we have assembled a list of the cheapest insurance coverage companies in your area. Click to view list.

Take whichever approach you prefer, but compare the exact same coverage information on every quote you get. If you enter different data it will be next to impossible to decipher which rate is best. Slightly different insurance coverages or limits can result in a big premium difference. And when comparison shopping, comparing all the rates in your area provides better odds of finding more affordable insurance. Some insurance companies are not set up to provide rate quotes online, so you should also compare prices on coverage from those companies, too.

These six discounts can lower your insurance coverage quotes

Car insurance is not cheap, but there may be some discounts that you may not even be aware of. Larger premium reductions will be automatically applied at the time of quoting, but a few must be asked for prior to getting the savings.

  • Discount for Life Insurance – Larger companies have better premium rates if you take out a life insurance policy as well.
  • New Car Discount – Insuring a new car may earn a small discount because newer models are generally safer.
  • Good Grades Discount – Maintaining excellent grades can be rewarded with saving of up to 25%. The good student discount can last up until you turn 25.
  • Air Bag Discount – Factory air bags and/or automatic seat belt systems can receive discounts of more than 20%.
  • Early Payment Discounts – If you pay your bill all at once instead of monthly or quarterly installments you may reduce your total bill.
  • Active Service Discounts – Being on active deployment in the military could qualify you for better rates.

As is typical with insurance, most credits do not apply to the overall cost of the policy. Most only apply to individual premiums such as liability, collision or medical payments. So despite the fact that it appears you could get a free insurance coverage policy, it’s just not the way it works. Any amount of discount should help lower the cost of coverage.

A few of the larger companies and a selection of discounts can be read below.

  • GEICO may include discounts for military active duty, defensive driver, driver training, good student, seat belt use, air bags, and federal employee.
  • Travelers includes discounts for multi-policy, continuous insurance, home ownership, student away at school, early quote, IntelliDrive, and hybrid/electric vehicle.
  • Farm Bureau may have discounts that include driver training, youthful driver, safe driver, 55 and retired, and multi-vehicle.
  • Liberty Mutual has discounts for good student, new vehicle discount, safety features, multi-policy, and multi-car.
  • American Family offers discounts including multi-vehicle, good student, air bags, accident-free, bundled insurance, and good driver.
  • Progressive offers discounts for homeowner, continuous coverage, good student, multi-policy, online quote discount, and online signing.

If you need lower rates, check with each company which credits you are entitled to. Some discounts listed above may not be offered in your area.

Different people need different car insurance coverages

When choosing the right insurance coverage for your vehicles, there really is not a “best” method to buy coverage. Every insured’s situation is different.

These are some specific questions might point out whether your personal situation might need an agent’s assistance.

  • Do I benefit by insuring my home with the same company?
  • What if I owe more than I can insure my car for?
  • What can I do if my company denied a claim?
  • When do I need to add a new car to my policy?
  • Do I pay less if my vehicle is kept in my garage?
  • Do I need PIP (personal injury protection) coverage in my state?
  • Does my liability insurance cover pulling a trailer or camper?
  • What is the difference between comprehensive and collision coverage?
  • Am I covered if hit by an uninsured driver?

If it’s difficult to answer those questions then you might want to talk to a licensed agent. To find lower rates from a local agent, fill out this quick form.

The coverage is in the details

Having a good grasp of your policy can be of help when determining appropriate coverage for your vehicles. Auto insurance terms can be ambiguous and nobody wants to actually read their policy.

Liability car insurance – Liability insurance protects you from damage that occurs to other’s property or people. This insurance protects YOU against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and $25,000 of coverage for damaged propery. Another option is a combined single limit or CSL which combines the three limits into one amount rather than limiting it on a per person basis.

Liability insurance covers claims such as repair costs for stationary objects, structural damage, legal defense fees and medical expenses. How much coverage you buy is a decision to put some thought into, but you should buy as large an amount as possible.

Collision coverage – Collision insurance will pay to fix damage to your Mustang 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 backing into a parked car, sideswiping another vehicle, driving through your garage door and colliding with another moving vehicle. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. It’s also possible to raise the deductible in order to get cheaper collision rates.

Uninsured Motorist or Underinsured Motorist insurance – Uninsured or Underinsured Motorist coverage provides protection from other motorists when they do not carry enough liability coverage. It can pay for hospital bills for your injuries as well as damage to your Ford Mustang.

Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Frequently your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Comprehensive coverage (or Other than Collision) – This pays for 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 claims such as damage from a tornado or hurricane, rock chips in glass, hitting a deer, a broken windshield and theft. 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 dropping full coverage.

Insurance for medical payments – Coverage for medical payments and/or PIP provide coverage for bills for things like dental work, X-ray expenses and rehabilitation expenses. They can be used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. They cover all vehicle occupants in addition to being hit by a car walking across the street. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay