View 2016 Ford Mustang Insurance Quotes

Searching for better auto insurance rates for your Ford Mustang? Buying low-cost auto insurance can seem to be somewhat difficult for comparing rates online. With literally dozens of companies competing online, how can people even start to compare every one to find cheaper auto insurance prices?

Compare quotes for insurance

Shopping for lower insurance rates can take hours if you don’t utilize the most efficient way. You could spend your day discussing policy coverages with agents in your area, or you can utilize online quotes for quick rates.

All the larger companies participate in a marketplace that enables customers to send in one quote, and every company then returns a price quote based on the submitted data. This system prevents you from having to do repetitive form submissions for each company you want a rate for.

To compare pricing click here to open in new window.

The only drawback to pricing coverage this way is you are unable to specify which carriers you want pricing from. If you would rather choose specific providers to compare, we have a listing of the cheapest insurance companies in your area. Click to view list.

It’s up to you how you get prices quotes, just be certain you are entering nearly identical quote information on every price quote you get. If you have different limits and deductibles on each one it will be nearly impossible to decipher which rate is best. Just slight variations in limits can make a big difference in price. And when comparison shopping, getting more free quotes gives you a better chance of getting lower pricing. Not every company does quotes online, so it’s important to compare price estimates on coverage from those companies, too.

Insurance buyers beware

Insurance companies such as Allstate, GEICO and Progressive endlessly run television, radio, and online ads. All the companies seem to make the promise that drivers can save some big amount just by switching your policy. But how can every company give you a better price? Here is the trick they use.

Insurance companies offer their best rates for the type of customer that will not have excessive claims. An example of a driver they prefer might be between the ages of 30 and 45, carries full coverage, and drives a lower-performance vehicle. Any driver that fits those parameters receive the lowest rate quotes and will most likely save money with a new company.

Consumers who don’t measure up to those standards will see a higher premium and this results in business not being written. If you listen to the ad wording, they say “people that switch” not “everyone who quotes” save that kind of money. That’s the way insurance companies can confidently claim big savings. Because of these techniques, drivers should compare many company’s car insurance rates. Because you never know which insurance companies will have better rates than you’re paying now.

Get cheap rates by getting discounts

Auto insurance companies don’t always publicize every policy discount very clearly, so we break down a few of the more common in addition to some of the lesser obvious savings tricks you should be using when you buy car insurance online.

  • Anti-lock Brake System – Vehicles with ABS braking systems or traction control can avoid accidents and the ABS can save up to 10%.
  • Multiple Vehicles – Buying a policy with all your vehicles with the same company can reduce rates for all insured vehicles.
  • No Claim Discounts – Insureds who avoid accidents and claims can save substantially in comparison with frequent claim filers.
  • Sign Early and Save – A few larger companies allow discounts for buying a policy before your current policy expires. You can save around 10% with this discount.
  • Resident Student – Any of your kids who live away from home to go to college and won’t have access to an insured vehicle could get you a discount.
  • Good Student Discount – Being a good student can get you a discount of up to 25%. Earning this discount can benefit you until age 25.
  • Drive Safe and Save – Drivers who don’t get into accidents could pay up to 40% less for Mustang coverage than drivers with accident claims.
  • Student Driver Training – Reduce the cost of insurance for teen drivers by having them take driver’s ed class in school.
  • Bundle and Save – If you insure your home and vehicles with one insurance company you may save at least 10 to 15 percent or more.

It’s important to understand that most of the big mark downs will not be given the the whole policy. Some only apply to individual premiums such as liability, collision or medical payments. So when it seems like all those discounts means the company will pay you, it just doesn’t work that way.

Insurance companies who may offer most of the discounts above possibly include:

If you are trying to find the cheapest car insurance quotes, ask each company which discounts can lower your rates. Some credits may not apply in every state. For a list of insurers that can offer you the previously mentioned discounts, click here to view.

Your insurance coverage should be tailored to you

When choosing adequate coverage for your personal vehicles, there is no “best” method to buy coverage. Every insured’s situation is different.

For example, these questions could help you determine if your situation might need professional guidance.

  • Should I put collision coverage on all my vehicles?
  • What should my uninsured motorist coverage limits be in my state?
  • Can I afford low physical damage deductibles?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • At what point should I drop full coverage?
  • How much liability insurance is required?

If you’re not sure about those questions, you might consider talking to an agent. If you don’t have a local agent, complete this form.

Specifics of your auto insurance policy

Learning about specific coverages of your auto insurance policy aids in choosing the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording.

Comprehensive auto insurance

This coverage covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims such as damage from a tornado or hurricane, damage from getting keyed, hail damage and theft. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Coverage for uninsured or underinsured drivers

This provides protection from other drivers when they do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your 2016 Ford Mustang.

Due to the fact that many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance kick in for short-term medical expenses for things like EMT expenses, X-ray expenses and ambulance fees. They are used to fill the gap from your health insurance policy or if you do not have health coverage. It covers all vehicle occupants and also covers getting struck while a pedestrian. PIP coverage is not universally available but can be used in place of medical payments coverage

Collision coverage protection

Collision insurance will pay to fix damage to your Mustang caused by collision with another car or object. A deductible applies and then insurance will cover the remainder.

Collision coverage pays for things such as damaging your car on a curb, hitting a mailbox, colliding with another moving vehicle, colliding with a tree and hitting a parking meter. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. Drivers also have the option to raise the deductible to save money on collision insurance.

Auto liability insurance

Liability insurance protects you from injuries or damage you cause to 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.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 100/300/100 which stand for $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability can pay for things such as emergency aid, attorney fees, court costs and bail bonds. The amount of liability coverage you purchase is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.

Pennies from heaven

When you buy car insurance online, don’t be tempted to skimp on coverage in order to save money. There are many occasions where an insured dropped physical damage coverage only to regret at claim time that it was a big mistake. Your strategy should be to buy a smart amount of coverage at the lowest possible cost but still have enough coverage for asset protection.

Cheap 2016 Ford Mustang insurance can be found from both online companies and from local agencies, so you should be comparing quotes from both to have the best selection. Some companies don’t offer the ability to get a quote online and many times these smaller companies provide coverage only through independent insurance agents.

People leave their current company for many reasons like high rates after DUI convictions, lack of trust in their agent, extreme rates for teen drivers or denial of a claim. It doesn’t matter what your reason, finding a new auto insurance company can be less work than you think.

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