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Ford GT Insurance Rates

You have lots of choices when insurance shopping for your Ford vehicle. You can either buy through an insurance agent or get quotes online to check prices from many different auto insurance companies. Buying auto insurance through online rate quotes saves time, is easy to do and at the same time you may find lower rates.

Shopping online for auto insurance is challenging if you are a beginner to quoting online. But relax because we're going to show you how. Cutting your Ford GT insurance cost can be surprisingly simple. Drivers just need to take a couple of minutes to compare quotes online from several insurance companies. This can be accomplished by completing this short form.

What factors determine car insurance premiums?

Insurance premiums paid to insure a Ford GT can be significantly different and are calculated by many factors. Taken into consideration are:

  • High performance increases premiums
  • How many accidents you have had
  • Multiple policies can save money
  • How you use your vehicle
  • Your birth date
  • Having a spouse can save money
  • Special coverage such as replacement cost
  • Whether or not you have claims
  • No coverage lapses saves money
  • Whether you rent or own your home

One important consideration that helps determine your rates is the age of the vehicle. New vehicles cost more compared to older Ford models so the costs to repair may end up costing you more. Conversely, newer vehicles have more advanced features such as an advanced theft deterrent system, traction control, lane departure warning system, and dual-stage airbags that may help give discounted rates.

To get a better idea how much rates will be for your vehicle, select the year of your GT from available model years below.

Auto liability - This can cover damages or injuries you inflict on a person or their property in an accident. Liability coverage protects against things such as emergency aid, pain and suffering, and medical services. It is cheap coverage so buy as large an amount as possible.

Collision - Collision insurance covers damage to your Ford from colliding with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. It's also possible to increase the deductible to bring the cost down.

Comprehensive auto coverage - This pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle's value is low it's probably time to drop comprehensive insurance.

UM/UIM Coverage - This protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important.

Medical payments and PIP coverage - Coverage for medical payments and/or PIP kick in for expenses like doctor visits, EMT expenses, and X-ray expenses. They are used to cover expenses not covered by your health insurance policy or if you do not have health coverage. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage.

How Much are Ford GT Insurance Rates?