Vehicles > Ford > Shelby GT500
There are many options when insurance shopping for your Ford vehicle. You can get prices from an insurance agent or price shop online to compare rates from car insurance companies. Comparing auto insurance from online rate quotes is simple to do and there is a good chance you may find lower rates.
Using the web to shop for auto insurance direct can be a challenge if you have never used quoting online. But don't be discouraged because we're going to show you how. Cutting your Shelby GT500 insurance cost doesn't have to be difficult. Drivers just need to take a couple of minutes to compare quotes online with multiple companies. This can be done by comparing rates here.
Insurance premiums on a Ford Shelby GT500 can be significantly different subject to many criteria. Some of these factors include:
One important consideration that can impact your rates is the age of the vehicle. Newer models have a higher value compared to older Ford models so the payout to repair may end up costing you more. Conversely, more recent Ford vehicles have more advanced features such as an advanced theft deterrent system, adaptive cruise control, active head restraints, and a telematics system that may help lower rates.
To get a better idea how much rates will be for your vehicle, select the year of your Shelby GT500 below.
Liability insurance - Shelby GT500 liability coverage will cover damage that occurs to people or other property. Liability coverage protects against things like legal defense fees, bail bonds, and repair bills for other people's vehicles. This coverage is usually fairly inexpensive so buy as large an amount as possible.
Collision - This coverage will pay to fix damage to your Ford resulting from a collision with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage. Collision coverage for your Shelby GT500 can be pricey, so consider removing coverage from lower value vehicles. You can also increase the deductible to bring the cost down.
Comprehensive protection - This coverage pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay. The highest amount you'll receive from a claim is the market value of your vehicle, so if it's not worth much more than your deductible it's not worth carrying full coverage.
UM/UIM Coverage - Your UM/UIM coverage protects you and your vehicle's occupants from other drivers when they are uninsured or don't have enough coverage. Because many people only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea.
Medical expense coverage - Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses like nursing services, prosthetic devices, and dental work. They are often used in conjunction with a health insurance policy or if you do not have health coverage. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay.
How Much are Ford Shelby GT500 Insurance Rates?