2014 Ford Mustang Car Insurance Quotes – 5 Tips for Best Rates

Buyers have options when searching for low-cost Ford Mustang insurance. They can either spend hours contacting agents trying to get quotes or leverage the internet to find the lowest rates.

There is a better way to compare auto insurance rates so we’re going to tell you the quickest way to compare rates for your Ford and get the lowest price from local insurance agents and online providers.

Consumers should take time to do price comparisons every six months because prices change regularly. If you had the best price for Mustang coverage two years ago the chances are good that you can find a lower rate quote today. Block out anything you think you know about auto insurance because you’re about to learn the proper way to properly buy coverages and cut your premium.

Save with these five discounts

Insurance can cost an arm and a leg, but there could be available discounts to help bring down the price. Certain reductions will be credited at the time of quoting, but once in a while a discount must be requested specifically in order for you to get them. If you are not receiving all the discounts you qualify for, you’re just leaving money on the table.

  • ABS Brakes – Cars, trucks, and SUVs with ABS braking systems or traction control can stop better under adverse conditions and qualify for as much as a 10% discount.
  • One Accident Forgiven – This one isn’t a discount, but a few companies such as Geico, Progressive, and Allstate allow you one accident without the usual rate increase with the catch being you have to be claim-free before the accident.
  • Sign Online – A few larger online companies will discount your bill up to fifty bucks get insurance on the internet.
  • Multi-Vehicle Discounts – Having multiple cars on one policy can reduce the rates for all insured vehicles.
  • Life Insurance – Companies who offer life insurance give a lower insurance rate if you buy a life insurance policy as well.

You should keep in mind that many deductions do not apply to the entire cost. The majority will only reduce individual premiums such as collision or personal injury protection. Just because you may think you can get free auto insurance, that’s just not realistic.

Insurance companies that may offer policyholders many of the previously listed discounts include:

If you are trying to find affordable insurance quotes, ask all companies you are considering to give you their best rates. Savings might not apply everywhere. If you would like to see a list of companies that offer many of these discounts, click here.

Special considerations

When choosing adequate coverage for your personal vehicles, there is no single plan that fits everyone. Your needs are not the same as everyone else’s.

For example, these questions can help discover whether or not you could use an agent’s help.

  • Is my business laptop covered if it gets stolen from my vehicle?
  • What if I don’t agree with a claim settlement offer?
  • Is my custom paint covered by insurance?
  • How can I force my company to pay a claim?
  • When should I remove comp and collision on my 2014 Ford Mustang?
  • Am I covered if I wreck a rental car?

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 don’t have a local agent, fill out this quick form. It is quick, free and can provide invaluable advice.

Don’t listen to company ads

Drivers get pounded daily by advertisements that claim the best premium rates by companies like 21st Century, Allstate and State Farm. All the ads make the point of big savings if you just switch your insurance policy to them.

But how can every company offer you a better deal? This is how they do it.

All the different companies quote their cheapest rates for the type of customer they prefer to insure. One example of this type of insured might be described as over the age of 45, owns a home, and does not commute to work. Anyone who matches those parameters will qualify for the lowest car insurance rates and is almost guaranteed to pay quite a bit less when switching companies.

Insureds who do not fit those standards will probably have to pay a higher rate and ends up with the customer buying from a different company. If you pay close attention to the ads, they say “drivers that switch” not “everybody who quotes” save that much. That is how insurance companies can advertise the way they do.

This emphasizes why drivers should compare rate quotes every year. It’s impossible to know which insurance company will have the best prices for your profile.

Auto insurance coverage specifics

Understanding the coverages of auto insurance can help you determine appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement.

Collision coverage

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

Collision insurance covers things such as backing into a parked car, sustaining damage from a pot hole and scraping a guard rail. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. Another option is to raise the deductible in order to get cheaper collision rates.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses such as doctor visits, pain medications, rehabilitation expenses, X-ray expenses and hospital visits. They are utilized in addition to your health insurance program or if you are not covered by health insurance. It covers you and your occupants and also covers any family member struck as a pedestrian. PIP coverage is not universally available but can be used in place of medical payments coverage

Protection from uninsured/underinsured drivers

This coverage protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. Covered losses include hospital bills for your injuries and damage to your Ford Mustang.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea. Most of the time these limits are identical to your policy’s liability coverage.

Comprehensive (Other than Collision)

This coverage pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as damage from getting keyed, falling objects, damage from a tornado or hurricane and vandalism. The most your auto insurance company will pay is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Liability coverages

Liability insurance can cover injuries or damage you cause to other people or property in an accident. It protects you against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 50/100/50 that translate to $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property. Occasionally you may see a combined single limit or CSL which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage protects against claims such as legal defense fees, structural damage, medical expenses, funeral expenses and repair bills for other people’s vehicles. How much liability should you purchase? That is a personal decision, but you should buy higher limits if possible.

Be a Smart Shopper

Low-cost 2014 Ford Mustang insurance is attainable on the web in addition to many insurance agents, and you should compare price quotes from both in order to have the best price selection to choose from. Some insurance companies do not offer internet price quotes and most of the time these small insurance companies provide coverage only through independent insurance agents.

You just learned some good ideas how you can reduce 2014 Ford Mustang insurance premium rates online. The key concept to understand is the more rate comparisons you have, the higher your chance of finding cheaper insurance. Consumers could even find that the best premium rates are with a small local company.

Insureds who switch companies do it for any number of reasons including poor customer service, unfair underwriting practices, delays in paying claims and extreme rates for teen drivers. Whatever your reason, finding a new insurance company can be easier than you think.

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