2017 Ford Shelby GT350 Car Insurance Rates – 9 Discounts for Cheapest Quotes

Getting budget insurance coverage may be rather challenging for vehicle owners that are not comfortable with quoting and shopping for insurance over the internet. Since there are so many companies competing online, how can vehicle owners efficiently compare every company in order to find better prices?

Which insurance coverage is cheapest?

Shopping for lower insurance coverage rates can take time and effort if you aren’t aware of the fastest way to get free quotes. You could spend your day talking to agents in your area, or you could use online quoting to accomplish the same thing much quicker.

Most of the larger companies belong to a marketplace that allows shoppers to send in one quote, and every company returns a rated price for coverage. This system prevents you from having to do quote requests for every insurance coverage company. To access this free quoting program, click to open in new window.

The one downside to using this type of system is that you can’t choose the companies to get pricing from. So if you prefer to choose specific insurance companies to request quotes from, we have assembled a list of insurance coverage companies in your area. View list of insurance companies.

Which method you use is up to you, but be sure you’re using apples-to-apples information on every quote. If you enter unequal deductibles or liability limits it will be nearly impossible to find the best deal for your Ford Shelby GT350. Even a minor difference in insurance coverages could mean much higher rates. Just keep in mind that comparing more quotes gives you a better chance of getting a lower rate. Some insurance companies are not set up to provide rate quotes online, so you also need to get price quotes on coverage from those companies, too.

Insurance policy discounts you can’t miss

Some providers don’t always publicize all disounts very well, so below is a list both well-publicized and also the more inconspicuous credits that may apply to you. If you’re not getting every credit you deserve, you are not getting the best rate possible.

  • Clubs and Organizations – Being in a professional or civic organization could trigger savings when getting a insurance quote.
  • Distant Student Discount – Older children who live away from home at college and don’t have a car can receive lower rates.
  • Life Insurance Discount – Select companies reward you with a lower insurance rate if you buy a life insurance policy as well.
  • Multi-policy Discount – If you can combine your home and auto policy with the same insurance company they may give you a discount of as much as 10 to 15 percent.
  • Telematics Data Discounts – Policyholders that allow companies to look at their driving habits through the use of a telematics system such as Progressive’s Snapshot and State Farm’s In-Drive might see lower rates as long as the data is positive.
  • Payment Method – By paying your entire bill at once rather than paying monthly you can avoid monthly service charges.
  • Sign Online – Certain insurance companies may give you up to $50 for completing your application on their website.
  • Safe Drivers – Accident-free drivers may receive a discount up to 45% for Shelby GT350 insurance as compared to drivers with claims.
  • Driver Training Discounts – Taking part in a course in driver safety could save 5% or more and also improve your driving technique.

We need to note that most discounts do not apply to all coverage premiums. The majority will only reduce specific coverage prices like liability, collision or medical payments. So when the math indicates adding up those discounts means a free policy, insurance companies wouldn’t stay in business. Any amount of discount should help reduce your premiums.

Some of the larger companies that may offer policyholders most of these discounts include:

Before you buy a policy, ask each company or agent which discounts you qualify for. Some discounts might not apply in your area. To locate providers with the best insurance discounts, click this link.

Insurance agents can help

When it comes to buying the best car insurance coverage, there really is no cookie cutter policy. Every insured’s situation is different.

Here are some questions about coverages that might help in determining whether your personal situation might need professional guidance.

  • Why am I required to get a high-risk car insurance policy?
  • Where can I find high-risk insurance?
  • Are split liability limits better than a combined single limit?
  • Do I need PIP coverage since I have good health insurance?
  • Is extra glass coverage worth it?
  • Can I get a multi-policy discount?
  • Is my 2017 Ford Shelby GT350 covered for smoke damage?
  • Is my state a no-fault state?
  • Is my cargo covered for damage or theft?
  • If my 2017 Ford Shelby GT350 is totaled, can I afford another vehicle?

If you can’t answer these questions but a few of them apply then you might want to talk to a licensed agent. To find lower rates from a local agent, take a second and complete this form.

Can you really save $473 a year?

Popular insurance coverage providers such as 21st Century, Allstate and State Farm endlessly run television, radio, and online ads. They all tend to make the same promise of big savings if you just switch your insurance coverage coverage to their company. But how can every company make the same claim? It’s all in the words they use.

Insurance coverage companies give the best rates for the driver that earns them the most money. An example of a profitable customer might have to be over age 30, carries high limits, and drives a vehicle with a low ISO rating. Any new insured who fits that profile will qualify for the lowest rates and will also cut their rates substantially.

Potential insureds who don’t meet this ideal profile will get higher premiums and business not being written. If you pay close attention to the ads, they say “customers who switch” not “everybody who quotes” save the amount stated. This is how companies can truthfully make claims that they all have the best premium rates.

Because of this risk profiling, you really need to get price quotes at each policy renewal. It’s just too difficult to predict which insurance companies will provide you with the cheapest car insurance rates.

Coverage specifics

Having a good grasp of your policy helps when choosing the best coverages and the correct deductibles and limits. Car insurance terms can be ambiguous and nobody wants to actually read their policy.

Comprehensive coverages – Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like rock chips in glass, damage from getting keyed, theft, hitting a bird and fire damage. The maximum amount you’ll receive from a claim 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.

Liability – This can cover injuries or damage you cause to other people or property. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show limits of 50/100/50 that translate to a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property. Some companies may use a combined single limit or CSL which limits claims to one amount rather than limiting it on a per person basis.

Liability can pay for things such as loss of income, medical services and funeral expenses. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.

Collision coverages – This coverage pays for damage to your Shelby GT350 resulting from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims such as rolling your car, colliding with a tree, driving through your garage door, crashing into a ditch and crashing into a building. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. Another option is to bump up the deductible in order to get cheaper collision rates.

Coverage for medical payments – Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses like funeral costs, X-ray expenses, pain medications and rehabilitation expenses. They are often utilized in addition to your health insurance program or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants in addition to being hit by a car walking across the street. PIP is not available in all states and may carry a deductible

Uninsured and underinsured coverage – Uninsured or Underinsured Motorist coverage provides protection from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family and damage to your Ford Shelby GT350.

Due to the fact that many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important. Frequently these limits are similar to your liability insurance amounts.

Make a quick buck

Drivers switch companies for many reasons like extreme rates for teen drivers, policy non-renewal, poor customer service or high prices. Regardless of your reason for switching companies, choosing a new company is actually quite simple.

Cost effective 2017 Ford Shelby GT350 insurance can be purchased on the web and from local agencies, so you need to shop insurance with both in order to have the best chance of saving money. A few companies do not offer price quotes online and most of the time these small insurance companies provide coverage only through local independent agencies.

You just read a lot of tips how to get a better price on 2017 Ford Shelby GT350 insurance. The key thing to remember is the more you quote insurance, the higher your chance of finding inexpensive insurance. You may be surprised to find that the lowest priced insurance coverage comes from a company that doesn’t do a lot of advertising.

More detailed insurance coverage information is available in these articles: