2013 Ford Mustang Insurance Quotes

Trying to find lower auto insurance rates for your Ford Mustang? Feel like you have an overpriced auto insurance policy? Trust us, there are many people just like you.

There is such a variety of insurers to choose from, and although it’s nice to have a selection, too many choices makes it more difficult to compare rates and find the lowest cost auto insurance.

Eight tips to get cheap insurance costs

Smart consumers have a good feel for the different types of things that play a part in calculating your car insurance rates. When consumers understand what determines base rates, this allows you to make educated decisions that could help you find lower rates.

The itemized list below are some of the major factors used by insurance companies to determine your rates.

  • Liability protection limits on your policy – Your policy’s liability coverage kicks in when a jury decides you are liable for an accident. Liability insurance provides you with a defense in court starting from day one. Carrying liability coverage is mandatory and cheap when compared to the cost of physical damage coverage, so drivers should make sure they buy enough to cover all assets.
  • You may save more by consolidating policies – Most major insurance companies will award better rates to customers who have multiple policies with them, otherwise known as a multi-policy discount. This can amount to anywhere from five to ten percent in most cases. Even if you’re getting this discount it’s in your best interest to compare other insurance prices to confirm you are receiving the best rates possible.
  • Younger drivers cost more – Mature drivers are viewed as being more responsible, are lower risk to insure .Drivers with little experience are proven to be careless and easily distracted behind the wheel so they pay higher car insurance rates.
  • Does your employer raise your car insurance rates? – Jobs like fire fighters, executives and stock brokers have higher premiums than the average policyholder attributed to intense work-related stress and lots of time spent away from family. Conversely, jobs such as farmers, students and performers pay the least for Mustang insurance.
  • Insurance rates in urban areas – Residing in areas with lower population can be a good thing when shopping for auto insurance. Fewer drivers means a lower chance of having an accident and also fewer theft and vandalism claims. Drivers in populated areas have to deal with much more traffic and longer commutes to work. The longer drive time statistically corresponds to a higher accident and claim rate.
  • Higher deductibles are cheaper – Physical damage coverage, also called ‘full coverage’, is used to repair damage to your Ford. A few examples of covered claims could be a dented fender, hitting a deer, or theft. Your deductibles tell how much you are willing to pay out-of-pocket in the event of a claim. The higher the amount you’re willing to pay, the bigger discount you will receive for Mustang insurance.
  • Single drivers take more risk – Your spouse helps lower the price when buying car insurance. It demonstrates that you tend to be more mature than a single person and it’s statistically proven that married drivers tend to have fewer serious accidents.
  • Alarm systems lower prices – Purchasing a vehicle that has an advanced theft prevention system can earn a premium discount. Anti-theft devices such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all help prevent car theft and help bring rates down.

The quickest method we recommend to compare rates is to know the trick most insurance companies participate in a system to give rate comparisons. All consumers are required to do is spend a couple of minutes providing details like how much you drive, whether you have decent credit, driver ages, and how much education you have. The data is automatically sent to insurance companies and they return cost estimate very quickly.

If you would like to start a quote now, click here and see if a lower rate is available.

Slick advertising tricks that work

Popular insurance providers such as State Farm and Allstate endlessly run ads on television and other media. All the companies make an identical promise that you’ll save big if you change your coverage. Is it even possible that every company can claim to save you money? It’s all in the wording.

All companies quote the lowest rates for the right customer that will add to their bottom line. For example, a profitable insured should be over the age of 45, has other policies, and does not commute to work. A propective insured that matches those criteria is entitled to the best price and will probably save when they switch companies.

Potential insureds who cannot meet the requirements will be charged higher premium rates with the end result being the driver buying from a lower-cost company. The ad wording is “customers who switch” not “everyone who quotes” save the amount stated. That’s the way insurance companies can confidently advertise the savings. That is why you need to get auto insurance quotes as often as possible. It is just not possible to predict which insurance company will provide the lowest prices.

Save money by receiving discounts

Insuring your vehicles can cost a lot, but you may find discounts that can help lower your rates. Some trigger automatically at the time you complete a quote, but some need to be inquired about before you will receive the discount. If you’re not getting every credit available, you are not getting the best rate possible.

  • Defensive Driver Discount – Passing a defensive driving course could cut 5% off your bill depending on where you live.
  • Student Discounts – Maintaining excellent grades can save 20 to 25%. Most companies allow this discount until age 25.
  • Savings for New Vehicles – Buying a new car model can save up to 30% due to better safety requirements for new model year vehicles.
  • Braking Control Discount – Cars and trucks with ABS braking systems or traction control are much safer to drive and the ABS can save up to 10%.
  • Discounts for Government Workers – Federal government employees could cut as much as 10% off for Mustang insurance depending on your auto insurance provider.
  • Bundled Policy Discount – When you combine your home and auto insurance with the same company you will save up to 20% off your total premium.
  • Telematics Data – People who choose to allow data collection to scrutinize vehicle usage by using a small device installed in their vehicle like Drivewise from Allstate or In-Drive from State Farm could see a rate decrease as long as they are good drivers.
  • E-sign Discounts – Certain larger companies will give a small break shop auto insurance over the internet.

As a footnote on discounts, some of the credits will not apply to the overall cost of the policy. The majority will only reduce specific coverage prices like liability and collision coverage. Just because you may think all those discounts means the company will pay you, auto insurance companies aren’t that generous.

A few popular companies and some of their more popular discounts are included below.

  • AAA includes discounts for multi-policy, good student, AAA membership discount, multi-car, and good driver.
  • Progressive offers discounts including multi-vehicle, good student, homeowner, continuous coverage, online quote discount, and multi-policy.
  • State Farm may have discounts that include defensive driving training, Steer Clear safe driver discount, passive restraint, safe vehicle, and multiple policy.
  • Esurance may offer discounts for online quote, claim free, DriveSense, homeowner, and anti-theft.
  • Nationwide has savings for multi-policy, family plan, accident-free, defensive driving, easy pay, and anti-theft.

Check with every insurance company which discounts they offer. All car insurance discounts may not apply in every state. If you would like to see a list of providers who offer free auto insurance quotes, click here to view.

Your insurance coverage should be tailored to you

When choosing coverage for your personal vehicles, there really is not a best way to insure your cars. Your needs are not the same as everyone else’s and your policy should reflect that. For example, these questions can help discover if you could use an agent’s help.

  • Do I need roadside assistance coverage?
  • Do I have coverage if my license is suspended?
  • When does my teenage driver need to be added to my policy?
  • Do I need PIP (personal injury protection) coverage in my state?
  • Is business equipment covered while in my vehicle?
  • Who is covered by my policy?
  • How does medical payments coverage work?
  • Why do I only qualify for high-risk insurance?

If it’s difficult to answer those questions but a few of them apply, you may need to chat with an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of insurance companies in your area.

Information about specific coverages

Knowing the specifics of your insurance policy helps when choosing which coverages you need at the best deductibles and correct limits. Policy terminology can be impossible to understand and reading a policy is terribly boring. Below you’ll find the normal coverages available from insurance companies.

Comprehensive (Other than Collision) – Comprehensive insurance coverage pays for damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.

Comprehensive insurance covers things such as damage from getting keyed, hitting a bird, rock chips in glass and falling objects. The highest amount your insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Protection from uninsured/underinsured drivers – Uninsured or Underinsured Motorist coverage gives you protection when other motorists either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Ford Mustang.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Medical expense insurance – Med pay and PIP coverage pay for bills for things like ambulance fees, funeral costs and X-ray expenses. They can be used in conjunction with a health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants as well as if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage

Collision coverages – This pays to fix your vehicle from damage caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims such as damaging your car on a curb, crashing into a ditch and crashing into a building. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to save money on collision insurance.

Auto liability insurance – This provides protection from damages or injuries you inflict on other’s property or people that is your fault. This insurance protects YOU from claims by other people. Liability doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see liability limits of 50/100/50 which stand for a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability can pay for things like legal defense fees, medical services, structural damage and court costs. How much liability coverage do you need? That is up to you, but consider buying higher limits if possible.

Never pay more for less

As you quote auto insurance, it’s not a good idea to reduce needed coverages to save money. In many cases, an insured dropped comprehensive coverage or liability limits and found out when filing a claim that the few dollars in savings costed them thousands. The aim is to buy the best coverage you can find at the best price, but do not skimp to save money.

You just learned a lot of information how to reduce 2013 Ford Mustang insurance prices online. The key concept to understand is the more providers you compare, the higher your chance of finding cheap auto insurance. Consumers may even find the most savings is with the smaller companies. Smaller companies may have significantly lower rates on certain market segments as compared to the big name companies such as Allstate or State Farm.

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