Cheap 2018 Ford Shelby GT350 Insurance Quotes

Looking for the cheapest car insurance rates for your Ford Shelby GT350? Finding the cheapest insurance for a Ford Shelby GT350 can normally be difficult, but you can follow the following methods and make it easy.

There is a right way and a wrong way to compare car insurance rates and we’ll show you the proper way to price shop coverage on a Ford and obtain the lowest possible price.

Lower your insurance rates

Many factors are used in the calculation when quoting car insurance. Some of the criteria are obvious such as your driving record, but others are more transparent such as your marital status or your vehicle rating.

The items below are a few of the things used by insurance companies to determine premiums.

  • Does your vocation cost you more? – Jobs like military personnel, architects and miners generally pay higher premium rates because of intense work requirements and lots of time spent away from family. Other careers like farmers, historians and the unemployed have the lowest average rates for Shelby GT350 insurance.
  • Extra policy coverages push up costs – Policies have optional add-on coverages that sound like a good idea at the time but may not be useful. Coverages for roadside assistance, better glass coverage, and membership fees are probably not needed. They may sound like good ideas when buying your policy, but your needs may have changed so consider taking them off your policy.
  • Don’t skimp on liability – Liability insurance will protect you if ever you are responsible for physical damage or personal injury to other. Liability provides for a legal defense which can cost thousands of dollars. Liability is cheap compared to insuring for physical damage coverage, so insureds should have plenty of protection for their assets.
  • Older drivers save more – Older, more experienced drivers are more responsible, are lower risk to insure , and usually have better credit.Teen drivers have a tendency to be more careless when at the wheel of a vehicle so they pay higher car insurance rates.
  • Traffic violations can increase costs – Having just one ticket can boost insurance rates substantially. Careful drivers get better prices compared to bad drivers. Drivers who have received license-revoking citations like DUI or reckless driving may find they need to submit a SR-22 or proof of financial responsibility with their state in order to continue driving.

How to buy insurance coverage online

Effectively comparing insurance coverage prices can take hours if you aren’t aware of the fastest way to get free quotes. You could waste time talking to insurance agencies in your area, or you could save time and use online quotes to get rate comparisons in just a few minutes.

Many popular insurance companies enroll in a system where insurance shoppers only type in their quote data once, and every company provides a quote based on that information. This saves time by eliminating quote requests to each company.

To use this form to compare rates click here to start a free quote.

The single downside to doing it this way is buyers cannot specifically choose the providers to receive prices from. So if you want to select individual companies to compare, we have a page of insurance coverage companies in your area. Click here to view list.

The approach you take is up to you, just try to use identical coverage limits for each comparison quote. If you use different data it will be very difficult to make a fair rate comparison.

Is there truth in advertising?

Drivers can’t escape the ads that claim the best premium rates from companies such as State Farm, Allstate and GEICO. They all try to convey promises that people will save just by switching your policy.

Is it even possible that every company can charge you a lower premium? Here is the trick they use.

Different companies have specific characteristics for the type of customer that is profitable for them. One example of a profitable risk profile might be over age 30, owns their home, and drives newer vehicles. Someone that matches those criteria will get a cheap rate quote and will probably cut their rates substantially.

Drivers who don’t measure up to these standards will have to pay a higher premium and this can result in the prospect going elsewhere. If you listen to the ad wording, they say “customers that switch” but not “all drivers who get quotes” will save that much if they switch. That is how companies can make the claims of big savings.

Because of these techniques, you need to compare as many free insurance coverage quotes as you can. It’s not possible to predict which insurance coverage company will fit your personal profile best.

Do you qualify for discounts?

Companies don’t necessarily list the complete list of policy discounts in an easy-to-find place, so we researched both well-publicized in addition to some of the lesser obvious credits available to bring down your rates.

  • Pay Now and Pay Less – By making one initial payment instead of paying each month you could save up to 5%.
  • Drivers Education – Make teen driver coverage more affordable by requiring them to take driver’s ed class in school or through a local driver safety program.
  • Accident Forgiveness Coverage – This isn’t a discount exactly, but some companies like GEICO, Allstate and Liberty Mutual will allow you to have one accident before hitting you with a surcharge if your claims history is clear for a certain period of time.
  • Smart Student Discounts – Maintaining excellent grades could provide a savings of up to 20% or more. The discount lasts up until you turn 25.
  • Driving Data Discount – Drivers that enable companies to scrutinize vehicle usage by using a telematics device in their vehicle such as Progressive’s Snapshot might see lower rates as long as they are good drivers.
  • Bundled Policy Discount – When you have multiple policies with one insurance company they may give you a discount of up to 20% and get you cheaper insurance coverage.
  • Seat Belts Save – Drivers who always wear seat belts and also require passengers to fasten their seat belts can save a little on the premium charged for medical payments and/or PIP.

As a footnote on discounts, most discount credits are not given to the overall cost of the policy. Some only apply to the price of certain insurance coverages like physical damage coverage or medical payments. Even though it may seem like all the discounts add up to a free policy, companies wouldn’t make money that way. But any discount will positively reduce your policy premiums.

The best auto insurance companies and their offered discounts are outlined below.

  • GEICO has savings for defensive driver, multi-vehicle, good student, anti-theft, five-year accident-free, driver training, and emergency military deployment.
  • Mercury Insurance offers discounts for professional/association, low natural disaster claims, accident-free, multi-car, anti-theft, age of vehicle, and type of vehicle.
  • Farmers Insurance may offer discounts for bundle discounts, switch companies, early shopping, business and professional, youthful driver, multi-car, and alternative fuel.
  • Auto-Owners Insurance may have discounts that include paperless, mature driver, group or association, multi-policy, good student, and teen driver.
  • Liberty Mutual may include discounts for new vehicle discount, newly retired, safety features, newly married, and good student.
  • SAFECO includes discounts for anti-lock brakes, safe driver, drive less, bundle discounts, anti-theft, and accident prevention training.
  • Progressive discounts include multi-vehicle, homeowner, good student, online quote discount, multi-policy, continuous coverage, and online signing.
  • USAA offers discounts including multi-vehicle, multi-policy, good student, defensive driver, annual mileage, and loyalty savings.

If you want the cheapest insurance coverage quotes, ask every company which discounts you qualify for. A few discounts may not apply to policyholders in every state. For a list of insurers that offer discounts, click here.

Don’t assume everyone needs the same car insurance coverage

When it comes to choosing the right insurance coverage, there really is no “perfect” insurance plan. Every insured’s situation is different.

Here are some questions about coverages that could help you determine whether your personal situation would benefit from professional advice.

  • Is my custom paint covered by insurance?
  • What is high-risk coverage and where do I buy it?
  • Are split liability limits better than a combined single limit?
  • Am I covered when driving a rental car?
  • Why am I required to buy liability insurance?
  • Do I get a pro-rated refund if I cancel my policy early?
  • Does my 2018 Ford Shelby GT350 need full coverage?
  • How much can I save by bundling my policies?
  • Is a new car covered when I drive it off the dealer lot?

If you don’t know the answers to these questions but one or more may apply to you, then you may want to think about talking to a licensed agent. To find an agent in your area, complete this form. It is quick, free and may give you better protection.

The coverage is in the details

Learning about specific coverages of auto insurance aids in choosing the best coverages for your vehicles. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring.

Comprehensive (Other than Collision)

This coverage pays for damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims like damage from flooding, hitting a deer, theft and rock chips in glass. The most a auto insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Collision coverage

Collision insurance will pay to fix damage to your Shelby GT350 resulting from a collision with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision insurance covers claims like colliding with another moving vehicle, crashing into a ditch and hitting a parking meter. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible to bring the cost down.

Protection from uninsured/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 hospital bills for your injuries and damage to your Ford Shelby GT350.

Since a lot of drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family. Usually the UM/UIM limits are set the same as your liablity limits.

Coverage for liability

This coverage provides protection from damages or injuries you inflict on other’s property or people. This coverage protects you from claims by other people, and doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property. Occasionally you may see one number which is a combined single limit which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage pays for claims such as structural damage, funeral expenses and court costs. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as much as you can afford.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses for things like X-ray expenses, pain medications, rehabilitation expenses and EMT expenses. They are used to fill the gap from your health insurance program or if there is no health insurance coverage. They cover all vehicle occupants and also covers getting struck while a pedestrian. PIP is not available in all states but can be used in place of medical payments coverage

Shop around and save

Drivers change insurance companies for any number of reasons including being labeled a high risk driver, lack of trust in their agent, high rates after DUI convictions and poor customer service. No matter why you want to switch, choosing a new company can be easier than you think.

A few companies may not have online rate quotes and these regional insurance providers only sell coverage through local independent agents. Affordable 2018 Ford Shelby GT350 insurance can be found on the web in addition to many insurance agents, and you need to comparison shop both to get a complete price analysis.

We just covered many tips how you can save on 2018 Ford Shelby GT350 insurance. The key concept to understand is the more companies you get auto insurance rates for, the higher the chance of saving money. You may be surprised to find that the lowest priced car insurance comes from the least-expected company.

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