Vehicles > Ford > Shelby GT500

Ford Shelby GT500 Insurance Rates

You have lots of choices when shopping for insurance coverage for your Ford vehicle. You can either buy through an insurance agent or go online to compare insurance costs of insurance providers. Buying auto insurance by comparing rates online can be fast and easy and at the same time you may find lower rates.

If you're new to shopping for auto insurance online, it's easy to be confused by the hoards of companies selling insurance. Getting better Shelby GT500 insurance cost can be quick and easy. Just take time to compare quotes provided by online insurance companies. This can be accomplished by getting a quick quote here.

Which factors influence car insurance premiums?

Insurance premiums on a Ford Shelby GT500 can be significantly different depending on several factors. Taken into consideration are:

  • Higher performance Shelby GT500 vehicles cost more
  • How many accidents you have had
  • Multiple policies can save money
  • Pleasure use vs. commuting use
  • Special coverage such as replacement cost
  • Whether or not you have claims
  • Having continuous coverage saves you money
  • Whether you rent or own your home

One important consideration that helps determine your rates is the age of the vehicle. Models that are new cost more compared to older Ford models so the cost to replace them may end up costing you more. Although new Ford models have more advanced features included like anti-lock brakes, blind-spot warning system, an advanced theft deterrent system, and adaptive headlights that may help help offset higher rates.

To get a better understanding how much rates will be for your vehicle, select the year of your Shelby GT500 from available model years below.

Auto liability insurance - This coverage provides protection from damages or injuries you inflict on people or other property in an accident. Liability coverage protects against things such as emergency aid, pain and suffering, and medical services. Coverage is generally pretty cheap so buy as large an amount as possible.

Collision coverage - Collision insurance pays to fix your vehicle from damage resulting from a collision with an object or car. You first must pay a deductible then your collision coverage will kick in. Collision coverage for your Shelby GT500 can be pricey, so you might think about dropping it from lower value vehicles. Drivers also have the option to increase the deductible in order to get cheaper Shelby GT500 insurance rates.

Comprehensive insurance - This coverage covers damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle's value consider removing comprehensive coverage.

Uninsured/Underinsured Motorist coverage - This provides protection from other motorists when they either have no liability insurance or not enough. Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important.

Med pay and Personal Injury Protection (PIP) - Medical payments and Personal Injury Protection insurance pay for expenses like doctor visits, EMT expenses, and X-ray expenses. They can be used in conjunction with a health insurance policy or if you are not covered by health insurance. Personal Injury Protection is not universally available and may carry a deductible.

How Much are Ford Shelby GT500 Insurance Rates?