Cheap 2006 Ford GT Insurance Rates

Overwhelmed by the sheer number of insurance coverage choices? You’re not the only one! You have so many choices that it can turn into a real hassle to locate the lowest price.

Comprehensive Insurance Comparison

There are multiple methods to compare 2006 Ford GT insurance prices but there is one way that is more efficient than others. You can spend your afternoon discussing policy coverages with insurance companies in your area, or you could save time and use online quotes to get the quickest rates.

Many of the larger companies belong to a marketplace where insurance shoppers enter their coverage request one time, and every company can provide price quotes. This saves time by eliminating form submissions for each company you want a rate for.

To enter your information into the quoting system, click here to start a free quote.

The one downside to pricing coverage this way is you are unable to specify the companies to get quotes from. So if you want to choose individual companies for rate comparison, we have assembled a list of the cheapest insurance companies in your area. Click to view list.

Whichever method you choose, make absolute certain that you use exactly the same coverages with each company. If your comparisons have different deductibles you can’t possibly determine which rate is truly the best. Slightly different coverage limits could mean much higher rates. Just remember that quoting more gives you a better chance of getting a better price.

Do you qualify for discounts?

Auto insurance companies don’t always publicize all their discounts in an easy-to-find place, so we took the time to find both well-publicized and also the lesser-known ways to save on insurance.

  • Anti-theft System – Vehicles equipped with anti-theft or alarm systems can help prevent theft and qualify for as much as a 10% discount.
  • Senior Discount – Mature drivers may receive a small decrease in premiums for GT coverage.
  • Good Student Discount – Performing well in school can earn a discount of 20% or more. Earning this discount can benefit you until age 25.
  • Federal Government Employee – Being employed by or retired from a federal job can save as much as 8% for GT coverage with select insurance companies.
  • Anti-lock Brake Discount – Vehicles with anti-lock braking systems can avoid accidents and will save you 10% or more.
  • Air Bag Discount – Vehicles equipped with air bags may earn rate discounts of more than 20%.
  • Discount for Swiching Early – Some companies give discounts for buying a policy prior to your current policy expiring. The savings is around 10%.
  • E-sign – A handful of insurance companies give back up to $50 just for signing your application digitally online.
  • Multiple Policy Discount – If you have multiple policies with one insurance company you may save approximately 10% to 15%.
  • Payment Discounts – If you pay your bill all at once instead of monthly or quarterly installments you could save 5% or more.

Drivers should understand that most credits do not apply the the whole policy. Most cut the price of certain insurance coverages like comp or med pay. So even though it sounds like all the discounts add up to a free policy, companies don’t profit that way.

A partial list of companies that may have some of the above discounts may include but are not limited to:

It’s a good idea to ask each company which discounts you may be entitled to. Some discounts may not be available everywhere.

Don’t assume everyone needs the same coverage

When it comes to choosing coverage for your vehicles, there really is no “perfect” insurance plan. Your needs are not the same as everyone else’s.

These are some specific questions might help in determining whether your personal situation might need professional guidance.

  • What is the ISO rating for a 2006 Ford GT?
  • Are my friends covered when driving my car?
  • Can my teen driver be rated on a liability-only vehicle?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • What happens if I owe more than my 2006 Ford GT is worth?
  • Which companies will insure high-risk drivers?
  • Do I need medical payments coverage since I have good health insurance?
  • Should I get collision insurance on every vehicle?
  • Will filing a claim cost me more?
  • How much liability insurance is required?

If you can’t answer these questions, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form.

Auto insurance 101

Understanding the coverages of car insurance aids in choosing the best coverages at the best deductibles and correct limits. Car insurance terms can be confusing and even agents have difficulty translating policy wording.

Auto liability

Liability coverage will cover damage that occurs to a person or their property. This insurance protects YOU against other people’s claims, and doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property.

Liability coverage pays for things like court costs, repair bills for other people’s vehicles and legal defense fees. How much coverage you buy is a decision to put some thought into, but you should buy as high a limit as you can afford.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage pay for expenses like EMT expenses, chiropractic care and funeral costs. They can be used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. They cover all vehicle occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not an option in every state and may carry a deductible

Collision insurance

Collision insurance covers damage to your GT resulting from a collision with an object or car. A deductible applies then your collision coverage will kick in.

Collision insurance covers claims such as colliding with another moving vehicle, scraping a guard rail, crashing into a ditch and colliding with a tree. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. You can also increase the deductible to save money on collision insurance.

Comprehensive coverages

This coverage pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as hitting a bird, rock chips in glass, fire damage, falling objects and damage from flooding. The most a car insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Uninsured and underinsured coverage

This coverage gives you protection from other motorists when they either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants and also any damage incurred to your Ford GT.

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.

Save your cold hard cash

When buying insurance coverage, you should never buy poor coverage just to save money. There have been many situations where someone dropped physical damage coverage only to regret that the small savings ended up costing them much more. Your focus should be to purchase plenty of coverage at the best price while still protecting your assets.

You just learned some good ideas how to lower your 2006 Ford GT insurance rates. The key thing to remember is the more you quote, the higher the chance of saving money. Drivers may discover the lowest premiums are with an unexpected company.

Low-cost insurance is available from both online companies in addition to many insurance agents, and you need to price shop both in order to have the best chance of saving money. Some companies do not provide online price quotes and many times these smaller companies only sell through independent insurance agents.

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