Compare 1997 Ford Mustang Insurance Cost

Finding the cheapest insurance for your Ford Mustang could be a painful process, but you can use a few tricks and make it easy. There is a better way to compare insurance rates and we’ll show you the quickest way to price shop coverage for a new or used Ford and find the lowest possible price from local insurance agents and online providers.

It’s smart to do rate comparisons occasionally because prices change quite often. Just because you found the best quotes for Mustang insurance last year the chances are good that you can find a lower rate today. Forget anything you know (or think you know) about insurance because I’m going to let you in on the secrets to the only way to eliminate unnecessary coverages and save money.

Informed consumers can lower insurance rates

Many different elements are taken into consideration when premium rates are determined. Some factors are common sense such as traffic violations, although some other factors are less obvious like your vehicle usage or your vehicle rating.

The factors shown below are some of the factors utilized by car insurance companies to help set prices.

  • Lower rates by increasing coverage deductibles – Physical damage insurance, also called comprehensive and collision insurance, covers your vehicle from damage. Some examples of claims that would be covered could be colliding with a building, damage from fire, and damage caused by flying debris. Deductibles for physical damage represent how much money you are willing to pay if a covered claim is submitted. The more the insured has to pay upfront, the better rate you will receive for Mustang insurance.
  • Lower premiums for vehicles with better crash test results – Vehicles with high crash test scores cost less to insure. The safest vehicles protect occupants better and lower rates of occupant injuries means lower claim amounts passed on to you as lower rates. If your Ford scored better than four stars on Safercar.gov you may qualify for a discount.
  • Marriage is a good thing – Your spouse may save some money on your policy. Having a spouse usually means you are more mature than a single person and it’s proven that being married results in fewer claims.
  • Decrease rates by maintaining coverage – Driving any period of time without insurance is against the law and companies may charge more for letting your coverage cancel without a new policy in place. In addition to paying higher premiums, getting caught without coverage may result in a fine, jail time, or a revoked license.
  • Policy add-ons can waste money – Policies have optional add-on coverages that may not really be needed on your insurance coverage policy. Insurance for coverage for rental cars, better glass coverage, and motor club memberships may be costing you every month. These may sound like a good investment when you first buy your policy, but if they’re wasting money consider taking them off your policy.

Insurance quotes comparison

Effectively comparing insurance prices can be exhausting if you don’t understand the most efficient way to do it. You can waste a few hours (or days) discussing policy coverages with insurance agencies in your area, or you can utilize the internet to maximize your effort.

Many of the larger companies belong to a marketplace where prospective buyers submit one quote, and at least one company provides a quote based on that information. This system prevents you from having to do quote requests to every company. To compare rates using this form now click here (opens in new window).

The only drawback to using this type of system is you cannot specify the providers you want pricing from. If you would rather choose from a list of companies to request quotes from, we have assembled a list of insurance companies in your area. View list of insurance companies.

Whichever way you use, be sure to compare apples-to-apples coverage limits for every quote you compare. If each company quotes different deductibles you will not be able to truly determine the lowest rate.

Will you really save $385 on insurance?

Consumers get pounded daily by advertisements for the lowest price insurance from companies such as Allstate, Geico and Progressive. All the companies state the claim that people will save if you just switch your policy.

How does every insurance company offer you a better deal? It’s all in the numbers.

Most companies quote the lowest rates for the type of driver that will not have excessive claims. For instance, this type of risk profile might have to be over the age of 50, has never had a policy lapse, and drives a car with an anti-theft system. Anyone who matches those parameters will probably get cheap prices and therefore will cut their rates if they switch.

Consumers who don’t qualify for this ideal profile will probably have to pay higher rates with the end result being the customer not buying. The trick is to say “people who switch” not “everybody who quotes” save that much. This is how companies can truthfully make those statements. Each company has different criteria, so you absolutely need to quote coverage with many companies. It is impossible to guess the company that will have better premium rates than you’re paying now.

Find discounts to get cheap insurance rates

Insurance is not cheap nor is it fun to buy but you may be missing some discounts that you may not even be aware of. Some of these disounts will be visible at quote time, but a few need to be specially asked for in order for you to get them. If they aren’t giving you every credit available, you could be saving more on your insurance.

  • Anti-theft System – Cars and trucks equipped with tracking devices and advanced anti-theft systems are stolen less frequently so companies will give you a small discount.
  • Early Signing – Some larger companies reward drivers for signing up prior to your current policy expiring. The savings is around 10%.
  • Use Seat Belts – Using a seat belt and requiring all passengers to wear their seat belts can save up to 15% off PIP or medical payments premium.
  • Buy New and Save – Buying a new car model can cost up to 25% less since new model year vehicles are generally safer.
  • Anti-lock Brakes – Cars, trucks, and SUVs that have anti-lock braking systems can avoid accidents so you can save 10 percent or more.
  • Telematics Data Discounts – People who choose to allow their insurance company to scrutinize driving habits remotely such as State Farm’s In-Drive may get a rate reduction if they exhibit good driving behavior.
  • Good Student – Performing well in school can save 20 to 25%. The discount lasts up until you turn 25.
  • Pay Early and Save – If paying your policy premium upfront instead of monthly or quarterly installments you may have a lower total premium amount.
  • Service Members Pay Less – Having a family member in the military may lower your insurance rates slightly.

While discounts sound great, it’s important to understand that many deductions do not apply to the overall cost of the policy. Most cut specific coverage prices like liability, collision or medical payments. Even though it appears you can get free auto insurance, that’s just not realistic.

To find insurers who offer discounts, click here.

Tailor your auto insurance coverage to you

When it comes to choosing the right insurance coverage, there really is not a one size fits all plan. Every situation is different.

For instance, these questions can aid in determining whether or not you will benefit from professional help.

  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Do I need more liability coverage?
  • Are there companies who specialize in insuring high-risk drivers?
  • Do I have coverage if my license is suspended?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Does my personal policy cover me when driving out-of-state?
  • Are all vehicle passengers covered by medical payments coverage?
  • Are my friends covered when driving my car?

If you’re not sure about those questions, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, simply complete this short form. It is quick, free and can help protect your family.

Auto insurance coverage options for a 1997 Ford Mustang

Having a good grasp of a auto insurance policy helps when choosing the right coverages at the best deductibles and correct limits. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording.

Medical expense coverage

Coverage for medical payments and/or PIP reimburse you for immediate expenses for things like nursing services, funeral costs, X-ray expenses, surgery and chiropractic care. The coverages can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants as well as any family member struck as a pedestrian. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage

Liability auto insurance

Liability insurance provides protection from injuries or damage you cause to other people or property by causing an accident. This coverage protects you from legal claims by others, and 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 values of 50/100/50 that translate to a $50,000 limit per person for injuries, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.

Liability coverage protects against things like court costs, emergency aid, repair bills for other people’s vehicles and legal defense fees. How much liability coverage do you need? That is your choice, but consider buying as high a limit as you can afford.

Comprehensive protection

Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims like hitting a deer, a broken windshield, damage from flooding, damage from getting keyed and hitting a bird. The maximum amount your auto insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they either have no liability insurance or not enough. This coverage pays for injuries to you and your family as well as damage to your Ford Mustang.

Due to the fact that many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family.

Collision coverage

Collision insurance pays to fix your vehicle from damage from colliding with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims like rolling your car, backing into a parked car, damaging your car on a curb, driving through your garage door and sideswiping another vehicle. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. Drivers also have the option to increase the deductible to bring the cost down.

Saving money makes a lot of cents

When getting car insurance quotes online, never reduce coverage to reduce premium. There have been many situations where an accident victim reduced liability limits or collision coverage and discovered at claim time they didn’t have enough coverage. Your focus should be to buy a smart amount of coverage for the lowest cost but still have enough coverage for asset protection.

Consumers who switch companies do it for many reasons like denial of a claim, policy non-renewal, being labeled a high risk driver or even lack of trust in their agent. Regardless of your reason for switching companies, switching car insurance companies can be pretty painless.

Some car insurance companies may not offer the ability to get quotes online and many times these regional insurance providers provide coverage only through local independent agents. The cheapest 1997 Ford Mustang insurance can be bought online and from local agencies, so you should compare both in order to have the best chance of saving money.

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