Compare 2016 Ford Mustang Insurance Quotes

Trying to find the cheapest car insurance rates? Buyers have options when searching for the lowest priced Ford Mustang insurance. They can either spend hours struggling with agents to get rate comparisons or leverage the internet to compare rates. There is a better way to compare car insurance rates so we’re going to tell you the best way to price shop coverage on a Ford and get the lowest price from local insurance agents and online providers.

Discounts for cheaper auto insurance quotes

Some insurers don’t always publicize all possible discounts in an easy-to-find place, so the list below contains a few of the more common and also the more inconspicuous discounts you could be receiving when you buy insurance online.

  • Defensive Driving Course – Participating in a safe driver course can save you 5% or more and also improve your driving technique.
  • Federal Government Employee – Having worked for a branch of the government could qualify for a slight premium decrease on Mustang insurance with a few auto insurance companies.
  • Good Grades Discount – This discount could provide a savings of up to 20% or more. The discount lasts up to age 25.
  • Multiple Policy Discount – When you combine your auto and homeowners insurance and insure them with the same company you could get a discount of at least 10% off all policies.
  • Save over 55 – Drivers that qualify as senior citizens may receive a small decrease in premiums on Mustang insurance.
  • Organization Discounts – Belonging to certain professional organizations could earn you a nice discount on your next auto insurance statement.
  • Life Insurance Discount – Select companies reward you with better prices if you take out life insurance.
  • Pay Upfront and Save – By paying your entire bill at once instead of monthly or quarterly installments you could save 5% or more.
  • College Student Discount – Any of your kids who live away from home at college and do not take a car to college may be insured at a cheaper rate.
  • Theft Deterent – Vehicles equipped with anti-theft or alarm systems can help prevent theft and that can save you a little bit as well.

You should keep in mind that most of the big mark downs will not be given to your bottom line cost. Some only apply to specific coverage prices like medical payments or collision. Just because you may think all those discounts means the company will pay you, it just doesn’t work that way. Any qualifying discounts will bring down the amount you pay for coverage.

A list of companies and some of their more popular discounts include:

  • Geico may include discounts for daytime running lights, multi-policy, seat belt use, anti-lock brakes, defensive driver, and good student.
  • Travelers policyholders can earn discounts including save driver, IntelliDrive, home ownership, student away at school, and new car.
  • Nationwide discounts include easy pay, multi-policy, Farm Bureau membership, good student, anti-theft, and accident-free.
  • Farmers Insurance has discounts for electronic funds transfer, switch companies, teen driver, youthful driver, and homeowner.
  • Esurance offers discounts for Switch & Save, multi-car, claim free, safety device, good driver, anti-theft, and renters.
  • State Farm has savings for passive restraint, Steer Clear safe driver discount, good student, multiple policy, good driver, and Drive Safe & Save.
  • Progressive offers discounts including multi-vehicle, good student, homeowner, multi-policy, online quote discount, online signing, and continuous coverage.
  • Mercury Insurance may have discounts that include annual mileage, type of vehicle, low natural disaster claims, location of vehicle, and accident-free.

When quoting, ask every prospective company which credits you are entitled to. Some credits may not be offered in your area. To see a list of insurers with discount auto insurance rates, click here to view.

You may need specialized car insurance coverage

When it comes to choosing adequate coverage for your vehicles, there really is no one size fits all plan. Each situation is unique.

These are some specific questions might help in determining whether your personal situation could use an agent’s help.

  • Is pleasure use cheaper than using my 2016 Ford Mustang to commute?
  • Should I get collision insurance on every vehicle?
  • Is my cargo covered for damage or theft?
  • Will I be non-renewed for getting a DUI or other conviction?
  • What is the minimum liability in my state?
  • How do I buy GAP insurance?

If it’s difficult to answer 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, simply complete this short form. It’s fast, free and you can get the answers you need.

What car insurance coverages do you need?

Understanding the coverages of your car insurance policy helps when choosing appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be confusing and nobody wants to actually read their policy.

Insurance for medical payments

Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills such as prosthetic devices, dental work and pain medications. They are often utilized in addition to your health insurance plan or if you are not covered by health insurance. They cover both the driver and occupants in addition to being hit by a car walking across the street. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay

Uninsured Motorist or Underinsured Motorist insurance

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

Because many people only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family.

Comprehensive coverage (or Other than Collision)

This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as hail damage, hitting a deer and fire damage. The maximum payout a car insurance company will pay at claim time is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Collision coverage

This coverage will pay to fix damage to your Mustang resulting from colliding with another car or object. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers things such as crashing into a building, driving through your garage door, colliding with a tree and crashing into a ditch. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. You can also raise the deductible in order to get cheaper collision rates.

Liability insurance

This provides protection from damage that occurs to people or other property by causing an accident. It protects YOU against other people’s claims. Liability doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 50/100/50 which stand for a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability can pay for things such as medical services, pain and suffering and medical expenses. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Cheaper insurance is a realistic goal

While you’re price shopping online, you should never skimp on critical coverages to save a buck or two. There are a lot of situations where drivers have reduced physical damage coverage only to find out they didn’t purchase enough coverage. Your goal should be to buy enough coverage for the lowest price, but don’t skip important coverages to save money.

Low-cost 2016 Ford Mustang insurance can be purchased on the web as well as from independent agents, and you should be comparing both to have the best selection. A few companies may not have price quotes online and most of the time these regional insurance providers provide coverage only through independent insurance agents.

Drivers leave their current company for a variety of reasons including poor customer service, an unsatisfactory settlement offer, being labeled a high risk driver or unfair underwriting practices. It doesn’t matter what your reason, switching companies can be less work than you think.

For more information, feel free to browse the following helpful articles: