Cheap 2017 Ford GT Car Insurance Cost

Looking for the cheapest car insurance rates for your Ford GT? Paying cheap rates for car insurance could be difficult for beginners to shopping for insurance online. With so many companies, it can quickly become a real challenge to find cheaper car insurance rates.

It’s important to get comparison quotes yearly because prices are rarely the same from one policy term to another. Just because you found the lowest price for GT coverage a couple years back you will most likely find a better rate today. You can find a lot of wrong information about car insurance out there, but in just a couple of minutes you can learn some guaranteed methods to lower your car insurance rates.

Shop auto insurance online

Performing a rate comparison can take time and effort if you don’t know the easiest way. You can spend your afternoon talking to insurance companies in your area, or you can stay home and use online quoting to achieve your goal.

Many insurance companies belong to an insurance system where prospective buyers enter their coverage request one time, and at least one company returns a rated price. This saves time by eliminating repetitive form submissions to each company.

To access this free quoting program, click here (opens in new window).

The one downside to doing it this way is you are unable to specify which companies to get pricing from. So if you want to select specific providers to receive pricing from, we have a page of auto insurance companies in your area. Click to view list.

The approach you take is up to you, just try to use the exact same coverage limits on every quote. If you use higher or lower deductibles it will be next to impossible to determine which rate is truly the best. Slightly different insurance coverages may cause a big price difference. Keep in mind that having more price comparisons provides better odds of finding lower pricing.

Find discounts to get cheap car insurance quotes

Car insurance is not an enjoyable expense, but you may find discounts that can help lower your rates. Some discounts apply automatically when you complete an application, but lesser-known reductions have to be specifically requested before you get the savings.

  • Low Miles Discount – Keeping the miles down on your Ford could qualify for cheaper car insurancerates.
  • Defensive Driver Discount – Taking a class that teaches safe driver techniques could save 5% or more depending on where you live.
  • Cautious Driver Discounts – Safe drivers may receive a discount up to 45% for GT coverage compared to rates paid by drivers with frequent claims.
  • One Accident Forgiven – Not really a discount, but a few companies such as Libery Mutual, Geico and Allstate will forgive one accident before raising your premiums so long as you are claim-free before the accident.
  • Theft Deterent – Cars and trucks with anti-theft systems have a lower chance of being stolen and will save you 10% or more.
  • Multiple Vehicles – Drivers who insure multiple cars or trucks with the same company can get a discount on all vehicles.
  • Discounts for Government Workers – Simply working for the federal government could provide a small rate reduction for GT coverage with a few car insurance companies.
  • Online Discount – Some companies will discount your bill up to fifty bucks for buying a policy and signing up online.
  • Military Rewards – Being deployed with a military unit could be rewarded with lower prices.

Discounts save money, but please remember that many deductions do not apply to the entire cost. Some only reduce the price of certain insurance coverages like liability and collision coverage. So even though they make it sound like all those discounts means the company will pay you, car insurance companies aren’t that generous.

A list of car insurance companies and their possible discounts are:

  • State Farm has discounts for good student, good driver, Steer Clear safe driver discount, accident-free, and driver’s education.
  • Geico offers discounts for daytime running lights, multi-vehicle, emergency military deployment, air bags, multi-policy, good student, and five-year accident-free.
  • Progressive includes discounts for multi-vehicle, multi-policy, good student, online quote discount, homeowner, and continuous coverage.
  • 21st Century may include discounts for driver training, air bags, homeowners, teen driver, 55 and older, and student driver.
  • American Family may have discounts that include mySafetyValet, bundled insurance, air bags, defensive driver, good student, and TimeAway discount.
  • The Hartford has savings for air bag, vehicle fuel type, anti-theft, driver training, defensive driver, and good student.
  • AAA policyholders can earn discounts including anti-theft, multi-policy, good student, good driver, pay-in-full, multi-car, and education and occupation.

Check with every insurance company how you can save money. Some credits may not apply in your area. If you would like to choose from a list of companies who offer free car insurance quotes, click here to view.

Tailor your insurance coverage to you

When it comes to choosing the right insurance coverage for your vehicles, there really is no perfect coverage plan. Everyone’s needs are different.

These are some specific questions might help in determining if your insurance needs might need an agent’s assistance.

  • Am I covered when driving a rental car?
  • Am I covered if I crash into my own garage door?
  • When would I need rental car insurance?
  • Am I covered if I break a side mirror?
  • If my 2017 Ford GT is totaled, can I afford another vehicle?
  • Am I covered if I drive in a foreign country?
  • What is the difference between comprehensive and collision coverage?
  • How high should deductibles be on a 2017 Ford GT?

If you can’t answer these questions but one or more may apply to you, you might consider talking to an insurance agent. To find lower rates from a local agent, fill out this quick form.

Learn how to lower your insurance costs

A large part of saving on insurance is knowing some of the factors that help calculate the rates you pay for insurance. When you understand what positively or negatively impacts your premiums, this helps enable you to make changes that could result in lower premium levels.

The factors shown below are a few of the “ingredients” that factor into your premiums.

  • High coverage deductibles reduce prices – Comprehensive and collision coverage deductibles define the amount you are willing to pay if the claim is covered. Physical damage insurance, also called comprehensive and collision insurance, protects your car from damage. Examples of some claims that would be covered could be collision with another vehicle, vandalism, and damage caused by road hazards. The more expense the insured is willing to pay, the less money you will pay for insurance for GT coverage.
  • Too many insurance claims will drive prices up – Insurance companies generally give lower rates to drivers who do not file claims often. If you are a frequent claim filer, you can expect either a policy non-renewal or much higher rates. Insurance coverage is designed for more catestrophic claims.
  • Insurance is expensive for younger drivers – Beginning drivers have been known to be less responsible behind the wheel so insurance rates are higher. Older people are more cautious drivers, file fewer claims .
  • Stress out and pay more – Jobs like doctors, business owners and medical professionals have higher premium rates attributed to job stress and lots of time spent away from family. Other careers like actors, historians and homemakers have lower than average premiums for GT coverage.
  • Safer cars cost less to insure – Safe vehicles cost less to insure. These vehicles reduce occupant injuries and lower injury rates means lower claim amounts passed on to you as lower rates.

Insurance coverage considerations

Having a good grasp of your policy aids in choosing the best coverages for your vehicles. Insurance terms can be confusing and nobody wants to actually read their policy.

Comprehensive protection

Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for things such as a tree branch falling on your vehicle, theft and hitting a bird. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Medical expense coverage

Med pay and PIP coverage kick in for expenses like prosthetic devices, ambulance fees, hospital visits, dental work and surgery. They are often used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. It covers both the driver and occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay

Uninsured or underinsured coverage

Your UM/UIM coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and also any damage incurred to your Ford GT.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked.

Collision protection

This pays for damage to your GT from colliding with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things like hitting a mailbox, driving through your garage door, backing into a parked car, crashing into a building and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to increase the deductible in order to get cheaper collision rates.

Liability coverages

Liability insurance can cover damage or injury you incur to a person or their property by causing an accident. It protects YOU against other people’s claims, and doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 25/50/25 that means you have a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property.

Liability insurance covers claims such as emergency aid, bail bonds, court costs, medical services and loss of income. How much liability should you purchase? That is your choice, but you should buy as large an amount as possible.

What is YOUR best insurance company?

There are still a few companies who may not provide online rate quotes and most of the time these small insurance companies work with independent agents. More affordable auto insurance can be sourced online in addition to local insurance agencies, so you need to compare both in order to have the best price selection to choose from.

Insureds switch companies for many reasons like delays in paying claims, questionable increases in premium, delays in responding to claim requests or even policy non-renewal. Regardless of your reason for switching companies, choosing a new company is actually quite simple.

We just showed you some good ideas how to lower your 2017 Ford GT insurance premium rates. The key concept to understand 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 premium rates are with the least-expected company.

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