2015 Ford Shelby GT350 Insurance Quotes – 6 Policy Discounts

Looking for the cheapest auto insurance rates for your Ford Shelby GT350? Finding the cheapest insurance for a Ford Shelby GT350 could be a lot of work, but you can follow these tips to make it easier. There is a right way and a wrong way to find auto insurance online and we’ll show you the proper way to price shop coverage for a Ford and get the lowest possible price.

The quickest method we recommend to compare insurance rates in your area takes advantage of the fact car insurance companies participate in online systems to give free rates quotes. All you need to do is provide a little information including if you require a SR-22, the ages of drivers, if you are currently licensed, and whether your vehicle is owned or leased. That rating data gets transmitted to multiple different insurance companies and they return cost estimate instantly.

Advertising myths

Consumers can’t get away from all the ads for the lowest price auto insurance by companies like State Farm and Allstate. They all seem to make the same claim of big savings just by switching your coverage to them.

It sounds good, but how can they all lower your premium rates? It’s all in the numbers.

All companies have an ideal profile for the type of customer that earns them the highest profit. A good example of a preferred risk might have to be over age 30, has had continuous coverage, and has a high credit rating. A driver who meets those qualifications will get the preferred car insurance rates and most likely will cut their rates if they switch.

People who fall short of this stringent profile will get a more expensive rate and ends up with the prospect going elsewhere. The trick companies use is to say “drivers who switch” not “everybody who quotes” save the amount stated. That’s the way companies can truthfully advertise the savings. This really drives home the point why drivers should quote coverage with many companies. It is impossible to predict with any certainty which company will have the best prices for your profile.

Discount auto insurance rates

Some companies do not advertise every disount available in an easy-to-find place, so we took the time to find some of the more common as well as some of the hidden discounts that you can inquire about if you buy auto insurance online.

  • One Accident Forgiven – This isn’t a discount exactly, but some companies like State Farm and Allstate may permit one accident without raising rates if your claims history is clear for a certain period of time.
  • Early Renewal Discounts – A few larger companies give discounts for signing up prior to your current policy expiring. It can save you around 10%.
  • Lower Rates for Military – Being on active duty in the military can result in better rates.
  • Payment Method – By making one initial payment rather than spreading payments over time you can actually save on your bill.
  • Anti-lock Brake System – Vehicles with anti-lock braking systems can stop better under adverse conditions and the ABS can save up to 10%.
  • Seat Belt Usage – Buckling up and requiring all passengers to fasten their seat belts can save up to 15% on the premium charged for medical payments and/or PIP.

As a sidenote, some credits don’t apply the the whole policy. Some only apply to the cost of specific coverages such as comp or med pay. So despite the fact that it appears you can get free auto insurance, companies wouldn’t make money that way.

Some companies that possibly offer most of these discounts are:

Double check with every insurance company the best way to save money. Savings might not apply in your area. If you would like to choose from a list of providers offering auto insurance discounts, click here to view.

Tailor your insurance coverage to you

When buying the right insurance coverage for your vehicles, there isn’t really a “best” method to buy coverage. Every situation is different.

These are some specific questions could help you determine if your insurance needs might need professional guidance.

  • Are rock chip repairs covered?
  • Can I rent a car in Mexico?
  • Where can I find DUI or SR-22 insurance?
  • Is my ex-spouse still covered by my policy?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • Are rental cars covered under my policy?
  • Can my babysitter drive my car?
  • Can my teen driver be rated on a liability-only vehicle?

If you don’t know the answers to these questions but a few of them apply, you may need to chat with an insurance agent. If you want to speak to an agent in your area, take a second and complete this form. It is quick, free and may give you better protection.

Insurance coverages explained

Understanding the coverages of insurance can help you determine the best coverages at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording.

UM/UIM (Uninsured/Underinsured Motorist) coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as damage to your Ford Shelby GT350.

Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Comprehensive auto coverage – Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things such as hail damage, damage from a tornado or hurricane, a tree branch falling on your vehicle and vandalism. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Medical payments and PIP coverage – Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses like pain medications, nursing services, dental work, prosthetic devices and rehabilitation expenses. They are often utilized in addition to your health insurance program or if there is no health insurance coverage. They cover both the driver and occupants and also covers any family member struck as a pedestrian. Personal injury protection coverage is not available in all states and may carry a deductible

Collision – Collision coverage pays for damage to your Shelby GT350 resulting from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for claims such as scraping a guard rail, sustaining damage from a pot hole, driving through your garage door, sideswiping another vehicle and colliding with another moving vehicle. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. Another option is to choose a higher deductible to bring the cost down.

Auto liability – Liability insurance protects you from injuries or damage you cause to a person or their property by causing an accident. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 25/50/25 which means $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property.

Liability coverage pays for claims such as medical services, structural damage and bail bonds. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Save your cold hard cash

Affordable 2015 Ford Shelby GT350 insurance is possible on the web and with local insurance agents, so you should be comparing quotes from both to get a complete price analysis. Some insurance providers may not have online quoting and usually these smaller companies prefer to sell through independent insurance agencies.

As you quote auto insurance, never buy less coverage just to save a little money. There are too many instances where someone sacrificed physical damage coverage to discover at claim time that their decision to reduce coverage ended up costing them more. Your focus should be to buy the best coverage you can find at a price you can afford.

People leave their current company for a variety of reasons including policy non-renewal, denial of a claim, lack of trust in their agent and being labeled a high risk driver. No matter why you want to switch, choosing a new insurance company is not as difficult as it may seem.

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