1999 Ford Mustang Insurance Quotes – 10 Tricks for Cheapest Rates

Trying to find cheaper auto insurance rates for your Ford Mustang? If you’re new to shopping for insurance coverage quotes online, you can easily be confused by the confusing number of online companies competing for your business.

You should take the time to price shop coverage at least once a year since insurance rates change quite often. Even if you think you had the lowest premium rates for Mustang insurance a few years ago you will most likely find a better price today. Forget all the misinformation about auto insurance because we’re going to demonstrate how to use online quotes to find great coverage at a great price.

If you have car insurance now, you stand a good chance to be able to lower your premiums substantially using these tips. The purpose of this post is to teach you the best way to quote coverages and some tips to save money. But consumers benefit from understanding the way insurance companies determine prices.

How much does insurance cost?

When looking for cheap insurance coverage quotes, there are a couple ways of comparing rates from many available insurance companies in your state. The quickest method to comparison shop is to jump online and get quotes. It’s really quite simple and can be done in a couple minutes as outlined below.

  1. Hands down the most simple method to find the lowest comparison rates is to use a rate comparison form (click to open form in new window). This method eliminates the need for repetitive form entry for each company you want a rate for. One form submission will get you rate comparisons from all major companies. It’s the fastest way to compare.
  2. A less efficient way to analyze rates requires a trip to the website for each individual company to complete their respective quote request forms. For example, let’s assume you want rates from Nationwide, Farmers and Liberty Mutual. You would be required to navigate to each company’s site to input your insurance information, which is why first method is reommended. To view a list of companies in your area, click here.
  3. The last way to comparison shop is calling or driving to local insurance agencies. The ability to quote online reduces the need to sit down with an agent unless you prefer the advice and guidance only provided by licensed agents. It is possible to price shop your coverage online but still have the advice of a local agent.

The approach you take is up to you, just do your best to use equivalent coverage information for every company. If the quotes have higher or lower deductibles then you won’t be able to find the best deal for your Ford Mustang. Quoting even small variations in limits can mean a large discrepancy in price. Keep in mind that obtaining a wide range of quotes helps locate more affordable insurance. Some companies don’t provide online price quotes, so you need to compare price estimates on coverage from those companies, too.

Get lower rates by applying these ten discounts

Properly insuring your vehicles can get expensive, but there are discounts available that many people don’t even know exist. Some of these disounts will be visible at the time of quoting, but a few must be asked about prior to getting the savings.

  • Multi-Vehicle Discounts – Buying coverage for multiple cars or trucks with the same insurance coverage company can reduce rates for all insured vehicles.
  • Lower Rates for Military – Being on active deployment in the military can result in better insurance coverage rates.
  • Low Mileage Discounts – Driving fewer miles could qualify for better insurance coveragerates on cars that stay parked.
  • 55 and Retired – If you’re over the age of 55, you can get better insurance coverage rates for Mustang insurance.
  • Renewal Discounts – Select larger companies give a discount for switching to them prior to your current policy expiration. This can save 10% or more.
  • Good Student – Getting good grades can earn a discount of 20% or more. Many companies even apply the discount to college students up to age 25.
  • Claim Free – Drivers who stay claim-free pay much less when compared to drivers who are more careless.
  • Driving Data Discount – Drivers who agree to allow companies to analyze where and when they drive by using a telematic data system such as State Farm’s In-Drive may see discounts if they have good driving habits.
  • Paperless Signup – Many insurance companies give back up to $50 for buying your policy online.
  • Life Insurance – Not every insurance company offers life insurance, but if they do you may earn a discounted rate on car insurance if you buy a life insurance policy as well.

We need to note that most credits do not apply the the whole policy. Most only reduce the cost of specific coverages such as liability, collision or medical payments. So when the math indicates having all the discounts means you get insurance for free, insurance coverage companies aren’t that generous.

Companies and their offered discounts can be read below.

  • Travelers has discounts for continuous insurance, driver training, multi-car, save driver, and new car.
  • 21st Century policyholders can earn discounts including 55 and older, student driver, air bags, anti-lock brakes, automatic seat belts, homeowners, and good student.
  • State Farm discounts include multiple policy, safe vehicle, defensive driving training, good driver, driver’s education, and student away at school.
  • GEICO may offer discounts for seat belt use, military active duty, membership and employees, good student, daytime running lights, and emergency military deployment.
  • SAFECO offers premium reductions for anti-lock brakes, drive less, accident prevention training, multi-car, bundle discounts, and teen safe driver.
  • AAA includes discounts for good student, multi-car, multi-policy, pay-in-full, and anti-theft.

If you need lower rates, check with every insurance company which discounts you may be entitled to. Depending on the company, some discounts may not apply everywhere. To locate companies who offer free insurance coverage quotes, click here.

Your insurance coverage coverage should be tailored to you

When choosing proper insurance coverage, there is no single plan that fits everyone. Every situation is different.

For instance, these questions might help in determining if you may require specific advice.

  • Why is insurance for a teen driver so high?
  • Should I have combined single limit or split liability limits?
  • Are my friends covered when driving my car?
  • Should I put collision coverage on all my vehicles?
  • Am I covered when driving on a suspended license?
  • Do I need replacement cost coverage?

If you’re not sure about those questions but one or more may apply to you then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form.

Save $425 a year? Really?

Insurance providers like State Farm, Allstate and GEICO seem to constantly run television and radio advertisements. They all seem to make the promise that drivers will save a bundle if you move your insurance coverage to their company. It sounds good, but how can they all offer drivers better rates?

Insurance providers have specific criteria for the type of driver that earns them the highest profit. For example, a preferred risk may be between the ages of 30 and 45, owns a home, and drives a lower-performance vehicle. Any customer who matches that profile will qualify for the lowest rates and will also save some money.

Insureds who do not fit the requirements will probably be forced to pay more expensive rates which translates to the prospect going elsewhere. If you listen to the ad wording, they say “customers who switch” but not “all drivers who get quotes” save the amount stated. That’s the way insurance companies can confidently make those claims.

Because each company has a different risk profile, you really should get as many free insurance coverage quotes as possible. It’s just too difficult to predict which insurance company will have the best car insurance rates at this point in time.

Insurance coverage specifics

Having a good grasp of a insurance policy can be of help when determining which coverages you need and proper limits and deductibles. Insurance terms can be confusing and coverage can change by endorsement.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things such as damage from flooding, a broken windshield, damage from a tornado or hurricane and vandalism. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Insurance for medical payments

Medical payments and Personal Injury Protection insurance pay for expenses like chiropractic care, doctor visits, prosthetic devices and X-ray expenses. They can be used in conjunction with a health insurance policy or if you do not have health coverage. It covers both the driver and occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not universally available and may carry a deductible

Auto liability

This protects you from damages or injuries you inflict on other’s property or people by causing an accident. It protects you from claims by other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see values of 25/50/25 that means you have a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property. Alternatively, you may have one number which is a combined single limit which provides one coverage limit without having the split limit caps.

Liability coverage pays for things like funeral expenses, loss of income, medical expenses, pain and suffering and medical services. The amount of liability coverage you purchase is a personal decision, but buy as large an amount as possible.

Auto collision coverage

This coverage pays for damage to your Mustang resulting from colliding with an object or car. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage pays for claims like scraping a guard rail, crashing into a building and colliding with a tree. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. Another option is to bump up the deductible in order to get cheaper collision rates.

Uninsured Motorist or Underinsured Motorist insurance

This coverage provides protection from other motorists when they do not carry enough liability coverage. Covered claims include medical payments for you and your occupants and also any damage incurred to your Ford Mustang.

Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family. Frequently these limits do not exceed the liability coverage limits.

Buy online or local, you save

As you prepare to switch companies, you should never buy lower coverage limits just to save a few bucks. Too many times, someone dropped uninsured motorist or liability limits only to regret that it was a big mistake. Your objective should be to buy a smart amount of coverage at an affordable rate, not the least amount of coverage.

We just showed you some good ideas how to shop for 1999 Ford Mustang insurance online. The most important thing to understand is the more rate quotes you have, the better likelihood of getting low cost insurance coverage. You may be surprised to find that the most savings is with a company that doesn’t do a lot of advertising.

Insureds change insurance companies for a number of reasons such as extreme rates for teen drivers, high rates after DUI convictions, lack of trust in their agent or denial of a claim. Regardless of your reason for switching companies, finding a great new company can be less work than you think.

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