View 2006 Ford Mustang Car Insurance Cost

Trying to find better auto insurance rates for your Ford Mustang? Scraping up a payment for overpriced Ford Mustang insurance can overdraw your bank account and put a big crunch on your finances. Doing a price comparison is a smart way to slash your bill and have more diposable income. With consumers having so many choices of insurance companies, it can be impossible to pick the right provider.

Finding affordable coverage is easy if you know what you’re doing. If you have insurance now or are shopping for new coverage, you can use this information to reduce the price you pay and still get good coverage. Drivers just need to learn the most efficient way to shop online.

How to Get Cheap Car Insurance

Most companies such as State Farm, Geico and Progressive give prices online. Getting quotes is quite easy as you just enter your coverage information as detailed in the form. After the form is submitted, the company’s rating system orders information on your driving record and credit history and generates pricing information. Online quotes makes comparing rates easy, but the time required to go to a lot of sites and enter the same data into a form can get tiresome after awhile. But it’s very important to have as many quotes as possible if you are searching for the lowest car insurance rates.

There is a better way to compare rates

A more efficient way to find better car insurance pricing requires only one form that gets prices from several companies at one time. It saves time, requires much less work on your part, and makes comparison shopping much easier. As soon as you send your information, it is quoted with multiple companies and you can pick any of the quote results. If a lower price is quoted, you can simply submit the application and buy the new coverage. The entire process takes just a few minutes to complete and could lower your rates considerably.

In order to get comparison pricing now, click here and begin entering your coverage information. If you have a policy now, it’s recommended you complete the form with your coverages exactly as they are listed on your policy. This way, you are getting a price comparison based on the exact same insurance coverage.

Discounts are great for lower rates

Companies that sell car insurance don’t necessarily list all available discounts in a way that’s easy to find, so we break down both well-publicized and the more hidden discounts you could be receiving. If you aren’t receiving every discount you qualify for, you’re just leaving money on the table.

  • Payment Discounts – By paying your policy upfront instead of monthly or quarterly installments you can actually save on your bill.
  • Student in College – Children who are attending college and do not have access to a covered vehicle may be able to be covered for less.
  • Student Driver Training – Require your teen driver to enroll in driver’s education in high school.
  • Multi-car Discount – Insuring more than one vehicle on one policy qualifies for this discount.
  • Military Rewards – Having a deployed family member can result in better rates.
  • Drive Less and Save – Keeping the miles down on your Ford could be rewarded with lower rates on the low mileage vehicles.
  • New Vehicle Savings – Putting insurance coverage on a new car is cheaper because new vehicles have to meet stringent safety requirements.
  • Multi-policy Discount – If you insure your home and vehicles with one company you could get a discount of at least 10% off all policies.
  • Good Student Discount – This discount can be rewarded with saving of up to 25%. This discount can apply well after school through age 25.
  • Life Insurance Discount – Companies who offer life insurance give better rates if you take out life insurance from them.

A little note about advertised discounts, most of the big mark downs will not be given to the entire policy premium. The majority will only reduce specific coverage prices like liability, collision or medical payments. So despite the fact that it appears adding up those discounts means a free policy, companies don’t profit that way.

To see a list of providers with the best car insurance discounts, click here to view.

Why you might be paying too much to insure your Ford Mustang

An important part of buying insurance is that you know the rating factors that come into play when calculating the rates you pay for car insurance. When you know what positively or negatively determines base rates empowers consumers to make smart changes that will entitle you to better car insurance rates.

  • More than one policy can earn a discount – Some insurance companies give discounts to customers who carry more than one policy, otherwise known as a multi-policy discount. Even if you’re getting this discount you may still want to compare other company rates to make sure you are getting the best deal.
  • You might want pay the small claims yourself – If you tend to file frequent claims, you can definitely plan on either higher rates or even cancellation. Companies provide cheaper rates to people who file claims infrequently. Car insurance is intended for major claims that would cause financial hardship.
  • Traffic citations inflate rates – Your driving record has a lot to do with how much you pay for insurance. Good drivers receive lower rates than their less careful counterparts. Even one citation can increase rates by twenty percent. Drivers who get dangerous violations such as DWI, reckless driving or hit and run convictions may be required to submit a SR-22 or proof of financial responsibility with their state motor vehicle department in order to prevent a license revocation.
  • Older drivers pay less – Older drivers are more responsible, tend to file fewer claims and are safer drivers. Teen drivers are known to be careless and easily distracted behind the wheel and because of this, their car insurance rates are much higher.

You may need specialized coverage

When it comes to buying the right insurance coverage for your personal vehicles, there isn’t really a “best” method to buy coverage. Everyone’s situation is unique so this has to be addressed. For example, these questions can help discover whether you might need professional guidance.

  • Are rental cars covered under my policy?
  • Am I getting all the discounts available?
  • Can my babysitter drive my car?
  • Am I covered when driving on a suspended license?
  • Does my policy pay for OEM or aftermarket parts?
  • Why do I only qualify for high-risk insurance?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Will my rates increase for filing one claim?

If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to an agent. To find an agent in your area, complete this form or click here for a list of auto insurance companies in your area. It only takes a few minutes and can help protect your family.

Insurance coverages 101

Knowing the specifics of insurance aids in choosing the best coverages and proper limits and deductibles. Policy terminology can be ambiguous and reading a policy is terribly boring. Below you’ll find typical coverages found on the average insurance policy.

Uninsured or underinsured coverage – This gives you protection when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Since many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Medical expense coverage – Coverage for medical payments and/or PIP kick in for short-term medical expenses for chiropractic care, X-ray expenses and nursing services. They are often used to fill the gap from your health insurance program or if you are not covered by health insurance. Coverage applies to you and your occupants and will also cover getting struck while a pedestrian. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Collision – Collision coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against things such as driving through your garage door, scraping a guard rail, sustaining damage from a pot hole, rolling your car and sideswiping another vehicle. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to increase the deductible in order to get cheaper collision rates.

Comprehensive protection – Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things like theft, a tree branch falling on your vehicle, damage from flooding and rock chips in glass. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Liability – This will cover injuries or damage you cause to other people or property that is your fault. It protects you from claims by other people, and does not provide coverage for damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 100/300/100 that translate to a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability insurance covers claims such as legal defense fees, structural damage, emergency aid and repair bills for other people’s vehicles. The amount of liability coverage you purchase is up to you, but consider buying higher limits if possible.

Buy Smart and Save

Throughout this article, we presented a lot of tips how to lower your 2006 Ford Mustang insurance rates. The key thing to remember is the more price quotes you have, the more likely it is that you will get a better rate. You may be surprised to find that the best prices are with a lesser-known regional company. Regional companies may often insure only within specific states and give getter rates as compared to the big name companies such as Progressive or Geico.

Lower-priced insurance is attainable from both online companies as well as from independent agents, and you need to price shop both to have the best selection. Some car insurance companies don’t offer the ability to get a quote online and most of the time these regional insurance providers sell through independent agents.

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