Lower Your 1999 Ford Mustang SVT Cobra Insurance Rates

Drivers have a choice when trying to find affordable Ford Mustang SVT Cobra insurance. They can either waste time contacting agents to compare prices or use the internet to get rate quotes.

There are more efficient ways to find insurance coverage online and you need to know the quickest way to price shop coverage for a Ford and find the best price possible from both online companies and local agents.

If you are insured now or are just looking to switch companies, you can use these tips to reduce the price you pay while maximizing coverage. The purpose of this post is to let you in on how car insurance quotes work and some money-saving tips. Consumers just need to understand the proper way to compare rates over the internet.

The best way to compare car insurance rates is to know the trick almost all companies allow for online access to give free rates quotes. All you need to do is provide a little information including if you have an active license, how much education you have, daily mileage, and the ages of drivers. Those rating factors is then sent to multiple top-rated companies and they provide comparison quotes instantly to find the best rate.

Discount auto insurance rates

Insurance can be prohibitively expensive, but there could be significant discounts that you may not know about. A few discounts will automatically apply when you purchase, but a few must be requested specifically before you get the savings.

  • Use Seat Belts – Drivers who require all vehicle occupants to buckle their seat belts could cut 10% or more on medical payment and PIP coverage.
  • Drivers Ed for Students – Reduce the cost of insurance for teen drivers by having them take driver’s ed class in high school.
  • Renewal Discounts – Some insurance companies reward drivers for switching policies before your current policy expires. It can save you around 10%.
  • Life Insurance – Larger auto insurance companies have a break if you buy some life insurance too.
  • Senior Citizen Discount – If you qualify as a senior citizen, you may receive better auto insurance rates on Mustang SVT Cobra insurance.

A little disclaimer on discounts, many deductions do not apply the the whole policy. Most only cut the cost of specific coverages such as comp or med pay. So even though they make it sound like adding up those discounts means a free policy, you won’t be that lucky.

Larger auto insurance companies and their offered discounts can be found below.

  • GEICO has discounts for air bags, driver training, federal employee, anti-lock brakes, and defensive driver.
  • Auto-Owners Insurance policyholders can earn discounts including multi-policy, anti-theft, paperless, paid in full, multiple vehicles, and mature driver.
  • American Family may have discounts that include accident-free, multi-vehicle, TimeAway discount, Steer into Savings, good student, and defensive driver.
  • Esurance discounts include homeowner, good student, online shopper, Pac-12 alumni, good driver, and anti-lock brakes.
  • Progressive has savings for multi-vehicle, good student, online quote discount, continuous coverage, online signing, multi-policy, and homeowner.
  • State Farm may include discounts for anti-theft, driver’s education, student away at school, safe vehicle, and accident-free.
  • AAA may offer discounts for multi-policy, good student, anti-theft, multi-car, good driver, and education and occupation.

When comparing rates, check with every prospective company to give you their best rates. Depending on the company, some discounts might not apply in every state. If you would like to see a list of insurance companies that can offer you the previously mentioned discounts, follow this link.

Tailor your car insurance coverage to you

When it comes to choosing coverage, there really is no “best” method to buy coverage. Every situation is different.

Here are some questions about coverages that can help discover whether you might need professional guidance.

  • Should I sign the liability waiver when renting a car?
  • Do I need added coverage for expensive stereo equipment?
  • Can I still get insurance after a DUI?
  • I have health insurance so do I need medical payments coverage?
  • Can I afford to pay high deductible claims out of pocket?
  • Do I need PIP coverage since I have good health insurance?

If it’s difficult to answer those questions but a few of them apply, you might consider talking to a licensed agent. If you want to speak to an agent in your area, simply complete this short form. It’s fast, free and can help protect your family.

Coverages available on your policy

Knowing the specifics of your policy helps when choosing the right coverages and the correct deductibles and limits. Car insurance terms can be impossible to understand and coverage can change by endorsement.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage provides protection from other drivers when they are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants and damage to your Ford Mustang SVT Cobra.

Because many people carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage is a good idea. Usually your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Collision coverage protection

Collision insurance will pay to fix damage to your Mustang SVT Cobra caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers things like sideswiping another vehicle, hitting a mailbox and colliding with a tree. This coverage can be expensive, so consider dropping it from vehicles that are older. Drivers also have the option to choose a higher deductible to save money on collision insurance.

Comprehensive coverage

Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as theft, rock chips in glass, falling objects, damage from a tornado or hurricane and fire damage. The highest amount your car insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses like dental work, funeral costs and pain medications. The coverages can be used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is not available in all states and may carry a deductible

Liability car insurance

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

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 policy limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and $25,000 of coverage for damaged propery. Alternatively, you may have one number which is a combined single limit that pays claims from the same limit with no separate limits for injury or property damage.

Liability coverage protects against things like attorney fees, legal defense fees, pain and suffering, medical expenses and repair costs for stationary objects. The amount of liability coverage you purchase is a personal decision, but consider buying as large an amount as possible.