2008 Ford Mustang Car Insurance Quotes – 9 Ways to Save

Nobody I know fancies paying their premiums for car insurance, especially when their premiums are too high. Online insurance companies like Allstate, Progressive and Geico persitently shower you with TV and radio ads and consumers find it hard to not get sucked in by the cute commercials and effectively compare rates to find the best deal.

Consumers need to get comparison quotes before your policy renews because prices are constantly changing. Just because you had the best quotes on Mustang insurance on your last policy you will most likely find a better rate today. Forget all the misinformation about car insurance because we’re going to demonstrate the only way to properly buy coverages while reducing your premium.

If you have insurance now or need a new policy, you can use this information to find better prices and still get good coverage. Choosing the best insurance company for you is not that difficult. Consumers only need to know how to find the lowest price online.

Cheapest car insurance quotes

Getting a cheaper price on 2008 Ford Mustang insurance is surprisingly easy. All that’s required is to take time to compare free car insurance quotes from some recommended companies. This can be accomplished in just a few minutes using one of these methods.

  • The most efficient way consumers can analyze rates would be an industry-wide quote request form (click to open form in new window). This type of form saves time by eliminating separate quotes for each price estimate. In just a few minutes this one form will return price quotes from many national carriers.
  • A less efficient way to find better pricing is to manually visit the website of each company and complete a new quote form. For example, we’ll assume you want to compare prices for USAA, Safeco and Liberty Mutual. In order to get each rate, you would have to take the time to go to each site to enter your coverage information, which is why the first method is quicker. For a list of companies in your area, click here.

Which method you use is up to you, but be certain you are entering identical coverages and limits on every quote you get. If you have different deductibles you can’t possibly truly determine the lowest rate.

Do you qualify for these nine discounts?

Car insurance is not cheap, but discounts can save money and there are some available to help offset the cost. Most are applied when you complete an application, but less common discounts must be requested specifically before you get the savings.

  • No Claims – Insureds with no claims or accidents pay much less compared to policyholders that have many claims.
  • Homeowners Savings – Being a homeowner can help you save on insurance because maintaining a house is proof that your finances are in order.
  • Paper-free Discount – Some insurance companies will provide an incentive for buying a policy and signing up on their website.
  • Buy New and Save – Buying a new car instead of a used car can cost up to 25% less because new vehicles have to meet stringent safety requirements.
  • Driver Education Discount – It’s a good idea to have your young drivers successfully complete driver’s ed class in school or through a local driver safety program.
  • Organization Discounts – Participating in qualifying employment or professional organizations could qualify you for a break on your bill.
  • Sign Early and Save – Some larger companies give discounts for renewing your policy before your current expiration date. You may see this discount when you get car insurance quotes online.
  • Accident Waiver – but companies like Geico, State Farm, and Progressive will forgive one accident without the usual rate increase if you have no claims for a set time period.
  • Resident Student – Older children who are attending college and leave their car at home can be insured at a reduced rate.

Remember that some of the credits will not apply to the entire cost. Most cut specific coverage prices like comprehensive or collision. If you do the math and it seems like it’s possible to get free car insurance, nobody gets a free ride.

Some of the insurance companies that may have most of these discounts include:

When getting free car insurance quotes, it’s a good idea to every prospective company which credits you are entitled to. Some of the discounts discussed earlier might not apply everywhere. If you would like to see a list of insurers who offer free insurance quotes, follow this link.

Don’t assume everyone needs the same car insurance coverage

When buying the best car insurance coverage for your personal vehicles, there is no “best” method to buy coverage. Every situation is different and your policy should reflect that. For example, these questions can help discover whether you may require specific advice.

  • Is my state a no-fault state?
  • What vehicles should carry emergency assistance coverage?
  • Am I covered if hit by an uninsured driver?
  • Which companies will insure high-risk drivers?
  • Do I need more liability coverage?
  • How do I insure my teen driver?
  • Can my teen drive my company car?
  • Does my policy cover me when driving someone else’s vehicle?
  • Is my 2008 Ford Mustang covered for flood damage?
  • What can I do if my company denied a claim?

If you’re not sure about those questions, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form or you can go here for a list of companies in your area. It is quick, free and can provide invaluable advice.

Car insurance coverage information

Knowing the specifics of a insurance policy can be of help when determining which coverages you need at the best deductibles and correct limits. Insurance terms can be difficult to understand and even agents have difficulty translating policy wording. Listed below are typical coverages found on the average insurance policy.

Medical expense insurance – Coverage for medical payments and/or PIP provide coverage for bills for things like hospital visits, X-ray expenses and rehabilitation expenses. They are used to fill the gap from your health insurance policy or if there is no health insurance coverage. It covers both the driver and occupants as well as being hit by a car walking across the street. PIP is not available in all states but can be used in place of medical payments coverage

Comprehensive (Other than Collision) – Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things like falling objects, rock chips in glass, damage from getting keyed and vandalism. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

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

Collision coverage protects against things like rolling your car, scraping a guard rail and damaging your car on a curb. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. You can also raise the deductible to bring the cost down.

Protection from uninsured/underinsured drivers – Uninsured or Underinsured Motorist coverage protects you and your vehicle from other drivers when they do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Ford Mustang.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Normally your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Liability coverage – Liability insurance protects you from damage or injury you incur to other people or property that is your fault. This insurance protects YOU from legal claims by others, and doesn’t cover your injuries or vehicle damage.

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. You commonly see liability limits of 50/100/50 which stand for $50,000 bodily injury coverage, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property. Occasionally you may see a combined single limit or CSL which provides one coverage limit without having the split limit caps.

Liability coverage protects against claims like structural damage, repair bills for other people’s vehicles, court costs, loss of income and funeral expenses. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Save your cold hard cash

The cheapest 2008 Ford Mustang insurance is attainable both online and from local insurance agents, and you should be comparing both to have the best rate selection. Some companies don’t offer online quoting and many times these small, regional companies only sell through independent agents.

As you go through the steps to switch your coverage, make sure you don’t buy less coverage just to save a little money. There are many occasions where someone dropped comprehensive coverage or liability limits only to find out that the few dollars in savings costed them thousands. The goal is to purchase plenty of coverage at a price you can afford.

For more information, take a look at the resources below: