View 1998 Ford Mustang SVT Cobra Insurance Quotes

Searching for better insurance rates for your Ford Mustang SVT Cobra? Locating better insurance prices for a Ford Mustang SVT Cobra could be difficult, but you can learn the following methods to find lower rates. There are more efficient ways to find insurance online so you’re going to learn the proper way to get price quotes on a Ford and get the best price possible from both online companies and local agents.

If you have a policy now or need a new policy, you can learn to find better prices and possibly find even better coverage. Shopping for the best coverage is easy if you know what you’re doing. Drivers just need to learn the most effective way to shop their coverage around online.

Verify you’re getting every discount

Car insurance can cost a lot, but companies offer discounts that could drop your premiums quite a bit. Larger premium reductions will be automatically applied at quote time, but a few must be manually applied prior to receiving the credit. If you don’t get every credit possible, you’re just leaving money on the table.

  • Accident Forgiveness Coverage – Not really a discount, but certain companies will allow you to have one accident without the usual rate increase so long as you haven’t had any claims prior to being involved in the accident.
  • Driver Education Discount – Teen drivers should enroll and complete driver’s education in high school.
  • Defensive Driver Discounts – Taking part in a course that instructs on driving safety can save you 5% or more if you qualify.
  • Discounts for Multiple Vehicles – Buying a policy with more than one vehicle with one company may reduce the rate for each vehicle.
  • Online Discount – A handful of larger companies provide a small discount for buying your policy over the internet.
  • Cautious Driver Discount – Drivers without accidents can get discounts for up to 45% lower rates for Mustang SVT Cobra insurance compared to rates paid by drivers with frequent claims.
  • Auto/Life Discount – Not every insurance company offers life insurance, but if they do you may earn a break if you buy some life insurance in addition to your auto policy.
  • Discount for Swiching Early – A few insurance companies give discounts for buying a new policy early. It could save around 10% when you buy insurance online.
  • Anti-lock Brakes – Anti-lock brake equipped vehicles can avoid accidents and qualify for as much as a 10% discount.

As is typical with insurance, most discounts do not apply to the entire cost. Most only apply to individual premiums such as medical payments or collision. So when it seems like having all the discounts means you get insurance for free, it doesn’t quite work that way. But any discount will bring down the amount you have to pay.

A list of car insurance companies and some of their more popular discounts are detailed below.

  • GEICO may include discounts for multi-vehicle, seat belt use, anti-lock brakes, defensive driver, and good student.
  • MetLife may offer discounts for good student, multi-policy, defensive driver, accident-free, good driver, and claim-free.
  • State Farm has discounts for good driver, passive restraint, safe vehicle, Drive Safe & Save, and Steer Clear safe driver discount.
  • Progressive has savings for homeowner, multi-policy, multi-vehicle, continuous coverage, good student, and online quote discount.
  • Mercury Insurance offers discounts including multi-policy, location of vehicle, good driver, accident-free, multi-car, and anti-theft.
  • 21st Century offers premium reductions for student driver, teen driver, anti-lock brakes, early bird, and driver training.
  • Allstate may have discounts that include safe driver, FullPay discount, early signing, good payer, passive restraint, premier plus, and farm vehicle.

Double check with every prospective company the best way to save money. Savings might not be offered on policies in your state.

Ways to get insurance coverage rate quotes

Lowering your 1998 Ford Mustang SVT Cobra insurance coverage rates can be surprisingly simple. Consumers just need to spend a few minutes comparing free insurance quotes to find. Price comparisons can be done by following the guidelines below.

  1. If you are pressed for time, the simplest way to get quotes for comparison is to use a rate comparison form like this one (opens in new window). This form keeps you from doing separate quotes for every prospective company. Completing one form will return price quotes from multiple companies. This is by far the quickest method.
  2. A more time consuming way to get comparison quotes is going to the website for every company you want to comare and request a quote. For examples sake, let’s say you want to compare prices for State Farm, GEICO and Progressive. To do that, you would have to go to every website and enter your policy data, which is why first method is reommended.

    For a list of links to companies insuring cars in your area, click here.

  3. The most difficult way to shop rates is driving to different agent offices. Comparing rate quotes online has reduced the need for local agents unless your situation requires the professional guidance that can only be provided by a licensed insurance agent. You can, however, price shop online but buy from a local insurance agent.

The approach you take is up to you, just be sure you’re using apples-to-apples information for every company. If you compare higher or lower deductibles it’s not possible to get a fair rate comparison.

When should I discuss my situation with an agent?

When it comes to buying the right insurance coverage for your personal vehicles, there really is no perfect coverage plan. Every insured’s situation is different.

For example, these questions could help you determine whether you might need professional guidance.

  • Do I have coverage for damage caused while driving under the influence?
  • What is the minimum liability in my state?
  • What is covered by UM/UIM coverage?
  • Who is covered by my policy?
  • Are there companies who specialize in insuring high-risk drivers?
  • Can I rent a car in Mexico?
  • How many claims can I have before being cancelled?
  • How high should my uninsured/underinsured coverage be in my state?
  • Can my babysitter drive my car?
  • Should I put collision coverage on all my vehicles?

If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to an agent. To find lower rates from a local agent, fill out this quick form. It’s fast, free and you can get the answers you need.

Insurance specifics

Understanding the coverages of your policy can help you determine the best coverages at the best deductibles and correct limits. Policy terminology can be ambiguous and reading a policy is terribly boring.

Coverage for collisions

Collision coverage covers damage to your Mustang SVT Cobra resulting from a collision with another car or object. A deductible applies and then insurance will cover the remainder.

Collision insurance covers things like hitting a mailbox, backing into a parked car, hitting a parking meter and colliding with a tree. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. Another option is to raise the deductible to bring the cost down.

Coverage for medical expenses

Coverage for medical payments and/or PIP reimburse you for immediate expenses for nursing services, funeral costs and dental work. They can be utilized in addition to your health insurance program or if there is no health insurance coverage. They cover all vehicle occupants in addition to if you are hit as a while walking down the street. PIP is not available in all states and gives slightly broader coverage than med pay

Comprehensive insurance

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

Comprehensive insurance covers claims like hail damage, falling objects, damage from a tornado or hurricane, theft and a broken windshield. The most your insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Coverage for uninsured or underinsured drivers

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other motorists when they either have no liability insurance or not enough. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Since many drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family.

Liability auto insurance

This provides protection from damage or injury you incur to a person or their property in an accident. This insurance protects YOU against claims from other people, and doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 50/100/50 that means you have a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.

Liability coverage protects against things like funeral expenses, legal defense fees, attorney fees, court costs and bail bonds. How much coverage you buy is up to you, but consider buying as much as you can afford.

Online plus local equals savings

Consumers who switch companies do it for many reasons like poor customer service, not issuing a premium refund, unfair underwriting practices and lack of trust in their agent. It doesn’t matter why you want to switch finding the right insurance coverage provider is not as hard as you think.

In this article, we presented a lot of ways to lower your 1998 Ford Mustang SVT Cobra insurance premium rates. The key concept to understand is the more you quote insurance, the better chance you’ll have of finding inexpensive insurance. You may even find the lowest premium rates are with a smaller regional carrier.

Cost effective 1998 Ford Mustang SVT Cobra insurance is definitely available on the web and with local insurance agents, and you need to comparison shop both to get a complete price analysis. Some insurance providers do not provide online price quotes and many times these regional carriers only sell through independent insurance agents.

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