1996 Ford Mustang SVT Cobra Insurance Cost

Want lower insurance coverage rates for your Ford Mustang SVT Cobra? Did a good deal turn into high-priced insurance coverage? You’re preaching to the choir because you are not the only one feeling buyer’s remorse.

Multiple auto insurance companies compete for your business, so it’s not easy to compare every company and get the best coverage at the cheapest price

It’s a good habit to quote other rates on a regular basis since insurance prices are usually higher with each renewal. Even if you got the best price for Mustang SVT Cobra insurance a couple years back you will most likely find a better rate today. Ignore everything you know about insurance coverage because I’m going to let you in on the secrets to the fastest way to find better coverage at a better price.

If you have car insurance now, you will most likely be able to reduce your rates substantially using these tips. Finding the best rates is easy if you know what you’re doing. Although consumers do need to understand how companies market insurance on the web because it can help you find the best coverage.

Car insurance policy discounts

Insuring your fleet can be pricey, but you may find discounts that could drop your premiums quite a bit. Some trigger automatically when you complete an application, but some must be manually applied prior to getting the savings. If you are not receiving all the discounts you deserve, you are throwing money away.

  • Telematics Data – Insureds that choose to allow their insurance company to spy on where and when they drive by installing a telematics device such as Drivewise from Allstate or Snapshot from Progressive could see a rate decrease as long as they are good drivers.
  • Braking Control Discount – Anti-lock brake equipped vehicles prevent accidents and the ABS can save up to 10%.
  • Military Deployment Discount – Having a family member in the military could qualify you for better premium rates.
  • Paperless Signup – Certain car insurance companies will give a small break shop insurance coverage digitally online.
  • Homeowners Discount – Just owning your own home can save a few bucks due to the fact that maintaining a home requires personal responsibility.
  • Cautious Driver Discount – Safe drivers can pay as much as 50% less for Mustang SVT Cobra insurance than their less cautious counterparts.
  • Passive Restraints and Air Bags – Factory air bags and/or automatic seat belt systems may get savings of 25 to 30%.
  • Anti-theft System – Vehicles optioned with advanced anti-theft systems prevent vehicle theft and will qualify for a discount on a insurance coverage quote.
  • Driver Safety – Taking part in a class that teaches safe driver techniques could cut 5% off your bill and also improve your driving technique.
  • More Vehicles More Savings – Insuring all your vehicles with the same car insurance company can get a discount for every vehicle.

Discounts lower rates, but many deductions do not apply the the whole policy. Some only apply to individual premiums such as physical damage coverage or medical payments. So when the math indicates you could get a free car insurance policy, insurance companies wouldn’t stay in business.

Large car insurance companies and their offered discounts can be read below.

  • 21st Century may offer discounts for anti-lock brakes, teen driver, automatic seat belts, student driver, and early bird.
  • Progressive discounts include good student, online signing, homeowner, continuous coverage, online quote discount, and multi-policy.
  • State Farm includes discounts for Drive Safe & Save, defensive driving training, Steer Clear safe driver discount, good driver, multiple autos, and accident-free.
  • Nationwide has discounts for easy pay, family plan, defensive driving, multi-policy, good student, accident-free, and Farm Bureau membership.
  • Esurance offers discounts for online quote, DriveSense, multi-policy, claim free, renters, and online shopper.
  • The Hartford offers premium reductions for air bag, vehicle fuel type, bundle, good student, driver training, defensive driver, and anti-theft.

Before buying, ask all the companies which discounts you may be entitled to. Some of the discounts discussed earlier may not be offered in every state. To choose insurers offering car insurance discounts, click here to view.

How do I know if I need professional advice?

When choosing the right insurance coverage for your vehicles, there isn’t really a “perfect” insurance plan. Every insured’s situation is different so this has to be addressed. These are some specific questions may help you determine whether your personal situation would benefit from professional advice.

  • Does insurance cover damages from a DUI accident?
  • Exactly who is provided coverage by my policy?
  • Why am I required to buy high-risk coverage?
  • Can my teen driver be rated on a liability-only vehicle?
  • Does coverage extend to a rental car in a foreign country?
  • Can my babysitter drive my car?
  • What should my uninsured motorist coverage limits be in my state?
  • Is pleasure use cheaper than using my 1996 Ford Mustang SVT Cobra to commute?
  • Does coverage extend to Mexico or Canada?
  • Where can I find high-risk insurance?

If it’s difficult to answer those questions but one or more may apply to you then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, complete this form or you can go here for a list of companies in your area.

Insurance policy specifics

Knowing the specifics of your insurance policy aids in choosing appropriate coverage and the correct deductibles and limits. The terms used in a policy can be ambiguous and coverage can change by endorsement. Below you’ll find the usual coverages offered by insurance companies.

Collision coverage

Collision coverage pays for damage to your Mustang SVT Cobra from colliding with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision coverage protects against things such as damaging your car on a curb, crashing into a ditch, sideswiping another vehicle and scraping a guard rail. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to bring the cost down.

Medical expense coverage

Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses for things like rehabilitation expenses, funeral costs and dental work. The coverages can be utilized in addition to your health insurance policy or if you lack health insurance entirely. Coverage applies to you and your occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other motorists when they do not carry enough liability coverage. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea.

Liability car insurance

Liability insurance provides protection from injuries or damage you cause to people or other property by causing an accident. It protects YOU against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show limits of 25/50/25 that translate to $25,000 bodily injury coverage, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property.

Liability insurance covers claims such as loss of income, medical services, repair costs for stationary objects and pain and suffering. How much coverage you buy is a personal decision, but you should buy as large an amount as possible.

Comprehensive protection

Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like hitting a bird, a broken windshield, falling objects and vandalism. The highest amount a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Shop around and save

The cheapest 1996 Ford Mustang SVT Cobra insurance is definitely available from both online companies and from local agencies, and you need to price shop both to have the best selection. Some auto insurance companies may not have the ability to get a quote online and many times these smaller providers provide coverage only through local independent agencies.

We just presented a lot of ways to reduce 1996 Ford Mustang SVT Cobra insurance car insurance rates online. The most important thing to understand is the more providers you compare, the better likelihood of getting the cheapest insurance coverage. Consumers could even find that the biggest savings come from some of the smallest insurance companies. Some small companies can often provide lower premium rates in certain areas as compared to the big name companies such as State Farm or Progressive.

When shopping online for auto insurance, never skimp on critical coverages to save a buck or two. There have been many cases where someone sacrificed collision coverage and discovered at claim time they didn’t have enough coverage. The aim is to buy the best coverage you can find at the best possible price.

More articles