Save on 2008 Ford Mustang Insurance Rates

Shoppers have options when shopping for affordable Ford Mustang insurance. They can either spend hours contacting agents trying to get quotes or leverage the internet to compare rates.

There is a better way to buy insurance and we’ll show you the quickest way to price shop coverage on a Ford and get the lowest price from local insurance agents and online providers.

The purpose of this article is to help educate you on how to effectively get price quotes and some tricks to saving. If you have car insurance now, you will be able to cut costs considerably using this information. Consumers only need an understanding of the best way to compare company rates over the internet.

Companies offer discounts so take them!

Insurance can be prohibitively expensive, but you may find discounts that many people don’t even know exist. Certain discounts will be triggered automatically when you get a quote, but a few must be specifically requested before you will receive the discount. If they aren’t giving you every credit available, you are throwing money away.

  • Service Members Pay Less – Having a family member in the military could be rewarded with lower premiums.
  • Early Signing – Select companies give a discount for switching to them before your current policy expires. This can save 10% or more.
  • Anti-lock Brakes – Vehicles equipped with ABS or steering control prevent accidents and will save you 10% or more.
  • Accident Forgiveness – A handful of insurance companies allow you one accident without raising rates so long as you haven’t had any claims for a particular time prior to the accident.
  • Federal Employees – Employees or retirees of the government could cut as much as 10% off on Mustang insurance with select insurance companies.
  • Air Bag Discount – Factory air bags and/or automatic seat belt systems may earn rate discounts of more than 20%.

Consumers should know that most credits do not apply to the overall cost of the policy. A few only apply to specific coverage prices like liability and collision coverage. Just because you may think you would end up receiving a 100% discount, insurance companies aren’t that generous. But all discounts will reduce your overall premium however.

Insurance companies that may have these benefits may include but are not limited to:

It’s a good idea to ask each company what discounts are available to you. Some discounts might not be offered in your area.

How to Compare Insurance Quotes

All major insurance companies allow you to get prices for coverage directly from their websites. Getting online quotes is quite easy as you simply enter your required coverages as requested by the quote form. When complete, their rating system will obtain your driving and credit reports and quotes a price based on these factors.

This makes comparing rates easy, but having to visit each company’s website and repetitively enter the same data into a form can get tiresome after awhile. But it is imperative to do this in order to find a lower rate.

The easiest way to lower your insurance bill uses one simple form that analyzes rates from a bunch of companies at once. This type of form saves time, reduces the work, and makes online quotes much more efficient. After sending your information, your coverage is rated and you can select any or none of the returned quotes.

If the quotes result in lower rates, you can click and sign and buy the new coverage. It only takes a few minutes and you will know how your current rates stack up.

To find out how much you can save on insurance, click here and submit your coverage information. If you have your current policy handy, we recommend you complete the form with deductibles and limits exactly as shown on your declarations page. This ensures you will have a price comparison using the exact same coverages.

Do I just need basic coverages?

When it comes to buying the right insurance coverage, there really is not a perfect coverage plan. Each situation is unique.

For instance, these questions might point out whether your personal situation would benefit from an agent’s advice.

  • Is a new car covered when I drive it off the dealer lot?
  • I don’t drive much so do I pay less?
  • Is my 2008 Ford Mustang covered for smoke damage?
  • Should I rate my 2008 Ford Mustang as pleasure use or commute?
  • Does coverage extend to my business vehicle?
  • Does my policy cover me when driving someone else’s vehicle?
  • Is my trailer covered?
  • Am I covered when driving in Canada or Mexico?

If you can’t answer these questions, then you may want to think about talking to an agent. To find lower rates from a local agent, take a second and complete this form. It’s fast, doesn’t cost anything and can provide invaluable advice.

Coverages available on your insurance policy

Learning about specific coverages of a insurance policy can help you determine the best coverages and the correct deductibles and limits. The terms used in a policy can be confusing and reading a policy is terribly boring.

Uninsured and underinsured coverage

This protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your Ford Mustang.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family. Frequently the UM/UIM limits are similar to your liability insurance amounts.

Collision protection

This coverage pays for damage to your Mustang from colliding with another car or object. A deductible applies then your collision coverage will kick in.

Collision coverage protects against things such as rolling your car, hitting a mailbox, damaging your car on a curb and scraping a guard rail. This coverage can be expensive, so consider dropping it from vehicles that are older. Drivers also have the option to increase the deductible to bring the cost down.

Liability auto insurance

Liability coverage can cover damage or injury you incur to a person or their property by causing an accident. This coverage protects you against claims from other people. It does not cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 50/100/50 that translate to $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property. Occasionally you may see a combined limit that pays claims from the same limit with no separate limits for injury or property damage.

Liability insurance covers claims like legal defense fees, court costs, attorney fees, funeral expenses and loss of income. How much liability should you purchase? That is a decision to put some thought into, but you should buy as much as you can afford.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills for doctor visits, prosthetic devices and chiropractic care. The coverages can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage

Comprehensive coverages

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.

Comprehensive can pay for things such as fire damage, hail damage, damage from getting keyed, vandalism and a broken windshield. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Save for a rainy day

Affordable 2008 Ford Mustang insurance can be sourced both online and also from your neighborhood agents, and you need to comparison shop both to have the best rate selection. Some car insurance companies may not provide online price quotes and usually these small insurance companies provide coverage only through local independent agents.

When buying insurance coverage, you should never reduce coverage to reduce premium. There are a lot of situations where someone sacrificed liability limits or collision coverage only to regret that the savings was not a smart move. The aim is to purchase a proper amount of coverage at an affordable rate while not skimping on critical coverages.

We just presented many tips how you can shop for insurance online. The key thing to remember is the more you quote, the higher your chance of finding lower rates. You may even find the lowest rates come from the smaller companies.

Additional detailed information is available by following these links: