2015 Ford Shelby GT350 Car Insurance Rates – 5 Tips for Best Quotes

Searching for lower insurance coverage rates for your Ford Shelby GT350? Do you get overwhelmed by the sheer number of insurance coverage sources that you can choose from? Many other people are as well. Drivers have so many choices that it is hard work to compare premium rates.

Compare insurance quotes

Most major insurance companies make it easy to get prices for coverage direct online. Comparing rates online doesn’t take much effort as you simply enter as detailed in the form. After the form is submitted, the system pulls information on your driving record and credit history and returns pricing information based on these factors.

This makes it a lot easier to compare rates but the time it takes to visit a lot of sites and enter the same data into a form gets old quite quickly. But it’s also necessary to perform this step if you want to find the lowest possible prices on insurance.

A better way to compare insurance pricing utilizes a single form to return rates from a lot of companies. The form is fast, helps eliminate reptitive entry, and makes online price comparison much more efficient. Once the form is submitted, it is rated with multiple companies and you can pick any one of the quote results. If the quotes result in lower rates, you can simply submit the application and purchase the new policy. The whole process can be completed in less than 10 minutes and you will find out if you’re overpaying now.

To save time and find out how much you can save on insurance, simply click here to open in new window and enter your information. To compare your current rates, we recommend you enter the coverages identical to your current policy. This guarantees you are getting rate comparison quotes for similar insurance coverage.

Drivers save money with these five premium-slashing discounts

Insurance is neither fun to buy or cheap, but there could be available discounts that could drop your premiums quite a bit. Larger premium reductions will be automatically applied at the time of quoting, but occassionally some discounts must be requested specifically prior to receiving the credit.

  • Accident Waiver – Not necessarily a discount, but companies like State Farm and Geico will allow you to have one accident without the usual rate increase so long as you haven’t had any claims for a set time period.
  • Driver Safety – Participating in a course teaching safe driver skills can save you 5% or more and make you a better driver.
  • Passenger Safety Discount – Vehicles equipped with air bags or automatic seat belts may qualify for discounts of 25 to 30%.
  • Paper-free Discount – A few larger companies may give you up to $50 for buying your policy on the internet.
  • Drivers Ed for Students – Have your child take driver’s ed class in school or through a local driver safety program.

Discounts reduce rates, but you should keep in mind that most of the big mark downs will not be given the the whole policy. Most only reduce the cost of specific coverages such as comprehensive or collision. Just because you may think having all the discounts means you get insurance for free, you’re out of luck.

Some of the larger companies that may offer policyholders some of the above discounts possibly include:

When getting free car insurance quotes, it’s a good idea to every prospective company the best way to save money. Some credits may not apply in your area. If you would like to choose from a list of insurance companies that offer some of these discounts, follow this link.

Do I need special coverages?

When buying adequate coverage, there is no “perfect” insurance plan. Your needs are not the same as everyone else’s.

Here are some questions about coverages that may help highlight if your insurance needs will benefit from professional help.

  • Is my teenager covered with friends in the car?
  • Am I insured when driving a different vehicle?
  • Am I covered if I drive in a foreign country?
  • How many claims can I have before being cancelled?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • Does medical payments coverage apply to all occupants?

If it’s difficult to answer those questions but you know they apply to you, you may need to chat with a licensed agent. If you want to speak to an agent in your area, fill out this quick form.

Specific coverages for a Ford Shelby GT350

Knowing the specifics of a insurance policy helps when choosing the best coverages at the best deductibles and correct limits. Policy terminology can be confusing and even agents have difficulty translating policy wording.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP kick in for short-term medical expenses such as pain medications, EMT expenses, hospital visits, ambulance fees and chiropractic care. They can be used to fill the gap from your health insurance policy or if you do not have health coverage. They cover all vehicle occupants and also covers if you are hit as a while walking down the street. PIP is not available in all states and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist coverage

This coverage provides protection when the “other guys” either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your Ford Shelby GT350.

Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea.

Comprehensive coverage

Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage pays for things such as theft, damage from a tornado or hurricane and a broken windshield. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Collision coverage protection

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

Collision insurance covers claims such as backing into a parked car, crashing into a building, sideswiping another vehicle, colliding with a tree and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. Another option is to raise the deductible to save money on collision insurance.

Liability

This will cover damage or injury you incur to other people or property in an accident. It protects you against claims from other people, and doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery.

Liability coverage pays for claims like bail bonds, emergency aid and legal defense fees. The amount of liability coverage you purchase is up to you, but you should buy as much as you can afford.

A fool and his money are soon parted

When trying to cut insurance costs, it’s not a good idea to skimp on critical coverages to save a buck or two. In many cases, consumers will sacrifice comprehensive coverage or liability limits and discovered at claim time that it was a big error on their part. The goal is to find the BEST coverage at the best cost, but do not skimp to save money.

More affordable auto insurance can be found both online and from local agencies, and you need to price shop both to have the best selection. There are still a few companies who may not offer online price quotes and many times these smaller companies prefer to sell through independent agents.

In this article, we covered a lot of ways to get a better price on 2015 Ford Shelby GT350 insurance. The key thing to remember is the more you quote car insurance, the more likely it is that you will get a better rate. You may even find the best prices are with a small local company.

More detailed auto insurance information is available by following these links: