2013 Ford Mustang Insurance Quotes

Looking for cheaper insurance rates for your Ford Mustang? Nobody enjoys paying for insurance, in particular when they are paying too much.

Big-name insurance companies like State Farm, Farmers Insurance, Geico and Allstate continually hit you with ad campaigns and consumers find it hard to not get sucked in by the cute commercials and take the time to shop coverage around.

Don’t miss out on these money-saving discounts

Companies offering auto insurance do not advertise every discount very well, so here is a list some of the best known and the harder-to-find discounts you could be receiving.

  • Save with a New Car – Adding a new car to your policy is cheaper since new cars are generally safer.
  • Payment Method – If you pay your entire premium ahead of time instead of paying each month you can actually save on your bill.
  • Discount for Good Grades – A discount for being a good student can be rewarded with saving of up to 25%. Earning this discount can benefit you up until you turn 25.
  • Auto/Home Discount – If you insure your home and vehicles with the same insurance company you may save up to 20% off your total premium.
  • Early Switch Discount – Select companies give a discount for buying a policy before your current policy expires. It’s a savings of about 10%.
  • Seat Belts Save – Drivers who require all occupants to buckle their seat belts can save up to 15% off the personal injury premium cost.
  • Distant Student – Children living away from home attending college without a vehicle on campus can be insured at a reduced rate.
  • Drive Safe and Save – Insureds without accidents can pay as much as 50% less on Mustang insurance than their less cautious counterparts.

Drivers should understand that most of the big mark downs will not be given the the whole policy. Most only reduce the price of certain insurance coverages like physical damage coverage or medical payments. Even though it may seem like having all the discounts means you get insurance for free, insurance companies aren’t that generous.

Car insurance companies who might offer these benefits include:

Before buying, ask every prospective company which discounts you may be entitled to. Discounts might not apply in your state.

Vehicle Insurance Comparison

To find the best auto insurance prices, there are several ways of comparing rates and find the best price. The quickest method to find the lowest 2013 Ford Mustang rates is to perform an online rate comparison. This can be accomplished using a couple different methods.

The best way to compare a lot of rates at once would be an industry-wide quote request form (click to open form in new window). This type of form prevents you from having to do boring form submissions for each company you want a rate for. One quote request will get you price quotes from multiple low-cost companies.

A harder way to obtain and compare quotes online is going to the website for every company you want to comare and fill out their own quote form. For example, we’ll assume you want to compare Geico, Esurance and Allstate. To get each rate you have to spend time on each company’s site to input your insurance information, which is why the first method is quicker.

For a list of links to insurance companies in your area, click here.

The most time-consuming way to get comparison rates is to spend your day driving to and from local insurance agencies. Shopping for auto insurance online makes this process obsolete unless you want the trained guidance of a licensed agent. You can, however, find lower rates online and still use a local agent and we’ll touch on that later.

Whichever way you use, ensure you’re using the exact same coverages on every quote you get. If you use different liability limits it’s not possible to determine the best price for your Ford Mustang. Quoting even small variations in coverages may cause a big price difference. And when price shopping your coverage, more quotes provides better odds of finding a better price.

Do I need special coverages?

When buying proper insurance coverage for your vehicles, there really is no best way to insure your cars. Your needs are not the same as everyone else’s and your policy should reflect that. These are some specific questions might point out if your insurance needs would benefit from an agent’s advice.

  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Will filing a claim cost me more?
  • Do I have newly-aquired coverage?
  • Do I pay less if my vehicle is kept in my garage?
  • What should my uninsured motorist coverage limits be in my state?
  • What if I don’t agree with a claim settlement offer?
  • Can my teen drive my company car?
  • Why am I required to get a high-risk car insurance policy?

If you can’t answer these questions, you might consider talking to an agent. To find an agent in your area, fill out this quick form or click here for a list of car insurance companies in your area.

Insurance policy specifics

Having a good grasp of a insurance policy can help you determine which coverages you need and the correct deductibles and limits. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. Shown next are typical coverage types found on most insurance policies.

Collision coverage

Collision insurance will pay to fix damage to your Mustang 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 pays for claims such as sideswiping another vehicle, hitting a mailbox, hitting a parking meter, damaging your car on a curb and colliding with a tree. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. Another option is to raise the deductible to get cheaper collision coverage.

Protection from uninsured/underinsured drivers

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants as well as damage to your 2013 Ford Mustang.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea.

Comprehensive (Other than Collision)

Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive insurance covers things like fire damage, damage from flooding, damage from getting keyed, hail damage and hitting a deer. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Auto liability insurance

Liability insurance can cover damage that occurs to other people or property. It protects YOU against other people’s claims. It does not cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see limits of 25/50/25 which means $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000.

Liability coverage protects against things like medical services, emergency aid and funeral expenses. How much liability coverage do you need? That is a decision to put some thought into, but buy as much as you can afford.

Medical expense insurance

Med pay and PIP coverage reimburse you for short-term medical expenses for rehabilitation expenses, X-ray expenses, funeral costs and chiropractic care. They are used to fill the gap from your health insurance policy or if you are not covered by health insurance. Coverage applies to all vehicle occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Final considerations

In this article, we covered a lot of tips how to get a better price on 2013 Ford Mustang insurance. The key thing to remember is the more rate comparisons you have, the better your comparison will be. You may be surprised to find that the lowest priced insurance coverage comes from some of the smallest insurance companies. They often have lower prices on specific markets than the large multi-state companies such as Allstate or State Farm.

As you prepare to switch companies, do not reduce coverage to reduce premium. In too many instances, consumers will sacrifice collision coverage and learned later that the few dollars in savings costed them thousands. Your strategy should be to find the BEST coverage at an affordable rate while not skimping on critical coverages.

More information can be found at the links below