How Much Does 2012 Ford Shelby GT500 Car Insurance Cost?

Trying to find the cheapest auto insurance rates for your Ford Shelby GT500? Searching for the cheapest insurance for a new or used Ford Shelby GT500 can be difficult, but you can learn the following methods to make it easier. There are more efficient ways to find auto insurance online so we’re going to tell you the best way to price shop coverage on a Ford and locate the lowest possible price from both online companies and local agents.

If you are insured now or need new coverage, you can use this information to find better prices and still get good coverage. Buying the cheapest insurance coverage can be fairly easy. Drivers only need to know how to find the lowest price on the web.

Insurance premium influencing factors

Lots of factors are considered when you get your auto insurance bill. Some of the criteria are obvious such as traffic violations, but other criteria are more transparent like your continuous coverage and annual miles driven.

Insurance rates in urban areas – Having an address in a small town can be a good thing when talking about auto insurance. Lower population means fewer accidents in addition to fewer liability claims. Urban drivers have traffic congestion and higher rates of accident claims. Spending more time driving can result in more accidents.
Raise comp and collision deductibles and save – Comprehensive and collision coverage deductibles define the amount you are willing to pay if a claim is determined to be covered. Physical damage protection, otherwise known as comp (or other than collision) and collision, insures against damage to your car. Some instances where coverage would apply would be rearending another vehicle, animal collisions, and having a roll-over accident. The larger the amount you’re willing to pay, the lower your rates will be on Shelby GT500 insurance.
Safety first – Cars with high safety ratings tend to have lower insurance rates. Highly rated vehicles protect occupants better and reduced instances of injuries means lower claim amounts which can result in lower premiums.
Insurance prices and driver gender – Statistics demonstrate that females tend to be a little less risky than males. The data does not necessarily mean that males are worse at driving than females. Women and men have accidents at a similar rate, but guys have accidents that have higher claims. Not only that, but men also have more aggressive citations like reckless driving and DUI. Young males tend to get in the most accidents and thus pay the highest rates.

How to get insurance quotes

Most major insurance companies provide insurance quotes directly from their websites. Doing online price comparisons is fairly straightforward as you just enter the amount of coverage you want as requested by the quote form. When the form is submitted, the quote system sends out for your credit score and driving record and generates pricing information based on the information you submitted.

This makes it simple to compare prices but the time it takes to visit many different websites and enter the same data into a form can be a bit repetitive. But it’s absolutely necessary to have as many quotes as possible if you are searching for the best price on insurance.

Keep reading for an easier way to compare prices

The easiest way to lower your insurance bill is to use a quote form to obtain quotes from several different companies. It saves time, reduces the work, and makes online quotes much more enjoyable. After your information is entered, it is quoted and you can select any or none of the quote results. If a lower price is quoted, you simply finish the application and buy the policy. The whole process can be completed in a matter of minutes and you’ll know if lower rates are available.

In order to get comparison pricing now, click here and enter your information. To compare your current rates, we recommend you input the coverage information identical to your current policy. This way, you will receive comparison quotes for exact coverage.

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Car insurance savings promises

Consumers get pounded daily by advertisements for car insurance savings from companies such as Progressive, Allstate and Geico. They all seem to make the promise about saving some big amount just by switching to their company.

How do they all say the same thing? Here is the trick they use.

Different companies quote the lowest rates for a prospective insured that makes them money. One example of this type of risk profile could be over the age of 45, has a clean driving record, and drives a car with an anti-theft system. Anybody who fits those characteristics receives the best premium rates and is almost guaranteed to save if they switch.

Potential insureds who cannot meet the requirements will be quoted a more expensive rate and ends up with the customer not buying. If you listen to the ad wording, they say “customers who switch” but not “everyone who gets a quote” save money. That is how companies can truthfully lure you into getting a quote. This really emphasizes why you need to compare free car insurance quotes often. Because without a comparison, you cannot know which insurance companies will have the best prices for your profile.

Discounts for affordable auto insurance rates

Companies do not list every policy discount in a way that’s easy to find, so the list below details both well-publicized in addition to some of the lesser obvious discounts you could be receiving when you buy car insurance online.

Bundled Policy Discount – If you can bundle your auto and homeowners insurance and insure them with the same company you may save nearly 15% which can help you find cheap car insurance.
Include Life Insurance and Save – Select companies reward you with a break if you buy some life insurance in addition to your auto policy.
Senior Discount – Mature drivers may receive a small discount on rates on Shelby GT500 insurance.
Discount for Passive Restraints – Factory air bags may earn rate discounts of 20% or more.
Telematics Discount – Drivers that enable their auto insurance company to monitor driving habits by using a telematic data system like Drivewise from Allstate or In-Drive from State Farm might see lower rates if they show good driving skills.
Drive Safe and Save – Accident-free drivers can get discounts for up to 45% lower rates on Shelby GT500 insurance than drivers with accident claims.
No Charge for an Accident – Not a discount per se, but companies like Geico and Allstate allow you one accident without getting socked with a rate hike so long as you haven’t had any claims for a set time period.
Drivers Education – Require your teen driver to enroll and complete driver’s education if it’s offered in school.
No Claim Discounts – Drivers with accident-free driving histories can earn big discounts compared to bad drivers.
Paperless Signup – A few larger online companies will give a small break for signing up over the internet.

Keep in mind that most discounts do not apply to the overall cost of the policy. A few only apply to the cost of specific coverages such as comprehensive or collision. Just because it seems like adding up those discounts means a free policy, company stockholders wouldn’t be very happy. But any discount should help reduce your overall bill.

A few popular companies and the discounts they provide are outlined below.

Geico discounts include five-year accident-free, emergency military deployment, seat belt use, federal employee, air bags, defensive driver, and multi-policy.
MetLife offers premium reductions for claim-free, good student, accident-free, multi-policy, and defensive driver.
Progressive includes discounts for multi-policy, online quote discount, homeowner, good student, continuous coverage, and online signing.
Travelers offers discounts including new car, home ownership, student away at school, continuous insurance, and hybrid/electric vehicle.
SAFECO offers discounts for multi-car, homeowner, bundle discounts, safe driver, and drive less.
AAA has savings for multi-policy, good student, AAA membership discount, pay-in-full, education and occupation, good driver, and anti-theft.

Before purchasing a policy, check with every prospective company which discounts they offer. Some credits may not be available everywhere. To locate insurance companies with significant discounts, click here.

Tailor your insurance coverage coverage to you

When choosing coverage for your vehicles, there really is no “best” method to buy coverage. Each situation is unique.

These are some specific questions might help in determining whether or not you would benefit from an agent’s advice.

What are the financial responsibility laws in my state?
What happens if I owe more than my 2012 Ford Shelby GT500 is worth?
Can I get a multi-policy discount?
If I drive on a suspended license am I covered?
Do I pay less for low miles?
Where can I find DUI or SR-22 insurance?
How much liability coverage do I need in my state?

If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with a licensed agent. If you want to speak to an agent in your area, simply complete this short form. It is quick, free and can provide invaluable advice.

Car insurance coverage information

Understanding the coverages of a insurance policy helps when choosing the best coverages at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording.

Comprehensive (Other than Collision)

This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like damage from flooding, falling objects and fire damage. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses such as doctor visits, dental work, X-ray expenses, prosthetic devices and pain medications. The coverages can be used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. They cover all vehicle occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Liability

This coverage provides protection from injuries or damage you cause to people or other property that is your fault. It protects you from claims by other people, and does not provide coverage for damage to your own property or vehicle.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000.

Liability insurance covers things such as pain and suffering, medical services, funeral expenses, legal defense fees and attorney fees. How much liability should you purchase? That is a decision to put some thought into, but consider buying as large an amount as possible.

Protection from uninsured/underinsured drivers

This coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. Covered claims include medical payments for you and your occupants and also any damage incurred to your 2012 Ford Shelby GT500.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family.

Collision insurance

Collision coverage pays for damage to your Shelby GT500 from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims such as crashing into a building, sustaining damage from a pot hole, backing into a parked car, driving through your garage door and damaging your car on a curb. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible in order to get cheaper collision rates.

Quote more, save more

Drivers who switch companies do it for any number of reasons including delays in responding to claim requests, not issuing a premium refund, delays in paying claims and extreme rates for teen drivers. Whatever your reason, finding a new company can be pretty painless.

When you buy car insurance online, it’s a bad idea to reduce coverage to reduce premium. In many cases, consumers will sacrifice liability limits or collision coverage only to discover later that it was a big mistake. The proper strategy is to get the best coverage possible at the best cost while still protecting your assets.

You just read quite a bit of information on how to get a better price on 2012 Ford Shelby GT500 insurance. It’s most important to understand that the more you quote car insurance, the higher the chance of saving money. Consumers could even find that the lowest prices come from some of the lesser-known companies.

Much more information about insurance coverage can be found at these links: