1997 Ford Mustang SVT Cobra Car Insurance Quotes

Having to pay for expensive Ford Mustang SVT Cobra insurance can take a big chunk out of your accounts and possibly require postponing other expenditures. Comparing cost estimates is a great way to cut your insurance bill.

You have multiple auto insurance companies to pick from, and although it’s nice to be able to choose, so many choices can make it hard to compare company pricing.

Quote insurance online

To find low cost car insurance quotes, there are several ways of comparing price quotes from companies that offer insurance in your state. The best method to find competitive 1997 Ford Mustang SVT Cobra insurance rates is to perform an online rate comparison. This is very easy and can be done in several different ways.

  • If you don’t have a lot of time, the easiest way to find the lowest comparison rates is an all-inclusive rate comparison like this one (opens in new window). This easy form keeps you from doing separate quotation requests for each price estimate. Just one form will get you rate comparisons from multiple low-cost companies.
  • A different way to obtain and compare quotes online requires visiting each company website to complete a price quote. For examples sake, let’s say you want to view quotes from USAA, Safeco and Farmers. You would need to go to every website and enter your information, which is not fast way to get rate quotes. To view a list of companies in your area, click here.
  • If you have time to kill, the last method of getting rate comparisons is calling or driving to insurance agencies in your area. Comparing online rate quotes has reduced the need for local agents unless you prefer the advice and guidance only provided by licensed agents. Although, it is possible get the lowest quotes online but still have the advice of a local agent.

You can choose any of those ways to find more affodable coverage, but make sure you use the same coverage information on every price quote you get. If you use higher or lower deductibles it will be nearly impossible to find the best deal for your Ford Mustang SVT Cobra. Slightly different coverages can result in a big premium difference. And when comparing insurance rates, know that comparing more quotes will enable you to find a lower rate than you’re paying now.

Do you qualify for discounts?

Auto insurance companies do not advertise all disounts in a way that’s easy to find, so we researched both the well known as well as some of the hidden discounts that you can inquire about if you buy car insurance online.

  • Policy Bundle Discount – When you combine your home and auto insurance and insure them with the same company you may earn nearly 15% which can help you find low cost car insurance.
  • Passive Restraints – Options like air bags or automatic seat belts may get savings of 20 to 30 percent.
  • Drivers Ed for Students – It’s a good idea to have your young drivers successfully complete driver’s ed class if it’s offered in school.
  • Senior Discount – Older drivers may be able to get a slight reduction on a car insurance quote for Mustang SVT Cobra coverage.
  • College Student Discount – Youth drivers who are enrolled in a college that is more than 100 miles from home and won’t have access to an insured vehicle may be insured at a cheaper rate.
  • Paperless Signup – A handful of insurance coverage companies will discount your bill up to fifty bucks for completing your application online.
  • Defensive Driver – Participating in a defensive driving class could possibly earn you a 5% discount if your company offers it.

We need to note that most discounts do not apply to all coverage premiums. Most only cut the cost of specific coverages such as collision or personal injury protection. Even though the math looks like it’s possible to get free car insurance, insurance companies wouldn’t stay in business. Any amount of discount will lower your premiums.

If you would like to view providers who offer cheap insurance coverage quotes, click here.

How your Mustang SVT Cobra insurance premiums are determined

Lots of things are part of the equation when you get a price on insurance. Some are obvious such as your driving history, but others are not quite as obvious such as your credit history or your vehicle rating.

  • Adjust deductibles and save – Comprehensive and collision coverage deductibles tell how much you are willing to pay if you file a covered claim. Insurance for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, protects your car from damage. Examples of covered claims are colliding with a stationary object, damage from fire, and having a roll-over accident. The more of the claim you are required to pay out-of-pocket, the lower your rates will be for Mustang SVT Cobra coverage.
  • What’s your car’s safety rating? – Vehicles with good safety scores tend to be cheaper to insure. Safer cars reduce the chance of injuries and reduced instances of injuries means less claims paid and lower rates for you. If your Ford Mustang SVT Cobra is rated at a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website you may be receiving a better rate.
  • Do you know you’re credit rating? – A driver’s credit score will be a significant factor in your rate calculation. Insureds that have excellent credit tend to be better drivers and file fewer claims than drivers with lower credit scores. Therefore, if your credit history can be improved, you may save money insuring your 1997 Ford Mustang SVT Cobra by spending a little time repairing your credit.
  • Responsible drivers pay less – Drivers who don’t get tickets receive lower rates compared to bad drivers. Even one speeding ticket or other violation may cause rates to rise substantially. Drivers who have received license-revoking tickets such as DWI, reckless driving or hit and run convictions might be required by their state to file a SR-22 with their state’s department of motor vehicles in order to keep their license.
  • Pleasure use or commuting – The more miles you rack up on your Ford every year the more you’ll pay to insure it. Many insurance companies apply a rate based upon how you use the vehicle. Vehicles not used for work or commuting can be on a lower rate level than those used for commuting. Having an incorrect usage rating on your Mustang SVT Cobra may be costing you higher rates. Verify your policy properly reflects the correct usage for each vehicle, because improper ratings can cost you money.

Don’t assume everyone needs the same insurance coverage coverage

When it comes to choosing coverage, there is no cookie cutter policy. Everyone’s situation is a little different so your insurance should reflect that Here are some questions about coverages that may help highlight if you may require specific advice.

  • Do I have coverage if my license is suspended?
  • Is my camper covered by my car insurance policy?
  • Is my trailer covered?
  • Which is better, split liability limits or combined limits?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Is rental equipment covered for theft or damage?

If you can’t answer these questions but one or more may apply to you then you might want to talk to a licensed agent. To find lower rates from a local agent, take a second and complete this form or you can also visit this page to select a carrier

Coverages available on your policy

Having a good grasp of your policy aids in choosing appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be confusing and coverage can change by endorsement. Listed below are typical coverage types available from car insurance companies.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance provide coverage for expenses such as hospital visits, EMT expenses and ambulance fees. The coverages can be used to fill the gap from your health insurance plan or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. PIP is not available in all states but can be used in place of medical payments coverage

Coverage for collisions

Collision coverage pays to fix your vehicle from damage resulting from colliding with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims such as scraping a guard rail, sideswiping another vehicle, hitting a parking meter, damaging your car on a curb and crashing into a building. This coverage can be expensive, 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.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage gives you protection from other drivers when they either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family and damage to your Ford Mustang SVT Cobra.

Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family. Most of the time the UM/UIM limits are similar to your liability insurance amounts.

Comprehensive auto coverage

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things such as damage from flooding, a broken windshield, rock chips in glass and damage from getting keyed. The maximum 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 probably time to drop comprehensive insurance.

Liability coverage

This coverage provides protection from injuries or damage you cause to a person or their property. It protects you against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 50/100/50 which stand for $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery. Alternatively, you may have a combined single limit or CSL which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage protects against claims like court costs, repair costs for stationary objects and pain and suffering. How much liability should you purchase? That is a decision to put some thought into, but consider buying as much as you can afford.

Don’t break the bank

We covered a lot of tips how to reduce 1997 Ford Mustang SVT Cobra insurance prices online. The key concept to understand is the more price quotes you have, the better chance you’ll have of finding low cost car insurance. Consumers could even find that the lowest priced car insurance comes from some of the lesser-known companies. Smaller companies may have significantly lower rates on certain market segments than their larger competitors like State Farm or Progressive.

Affordable 1997 Ford Mustang SVT Cobra insurance can be purchased from both online companies in addition to local insurance agencies, so you need to quote car insurance with both to get a complete price analysis. A few companies may not offer online rate quotes and many times these small, regional companies only sell through local independent agents.

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