2014 Ford Mustang Car Insurance Quotes

Locating better insurance prices for a Ford Mustang can turn out to be an all-consuming task, but you can learn our insurance coverage buying tips to find lower rates. There are more efficient ways to buy insurance coverage so you’re going to learn the absolute fastest way to get price quotes for your Ford and obtain the lowest price from both online companies and local agents.

You should take the time to take a look at other company’s rates at least once a year because prices change quite often. Even if you think you had the best rates on Mustang insurance a couple years back there is a good chance you can find better rates now. You can find a lot of misleading information regarding insurance coverage on the internet, so I’m going to show you some of the best ways to put money back in your pocket.

If you have insurance now or are shopping for new coverage, you can follow these tips to cut your premiums while maximizing coverage. Shopping for the lowest cost protection is quite easy. Vehicle owners only need to know the proper way to compare company rates over the internet.

Vehicle Insurance Comparison

Finding lower insurance rates is actually quite simple. You just need to take a few minutes to compare rate quotes provided by online insurance companies. This can be done using a couple different methods.

  1. The first (and easiest) way consumers can make multiple comparisons is to use a rate comparison form click here to open form in new window. This method eliminates the need for repetitive form entry for each company you want a rate for. One simple form will return price quotes from multiple low-cost companies. It’s the fastest way to compare.
  2. Another way to find lower rates is to take the time to go to each company’s website to request a price quote. For sake of this example, we’ll pretend you want comparison quotes from Auto-Owners, Esurance and Allstate. To find out each rate you need to go to every website to enter your coverage information, and that’s why the first method is more popular.

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

  3. The least efficient way to compare rates is to spend time driving to insurance agents’ offices. The ability to buy insurance online has reduced the need for local agents unless you require the professional advice only provided by licensed agents. However, consumers can comparison shop your insurance online but buy from a local insurance agent and we’ll touch on that later.

It’s your choice how you get your quotes, but double check that you are using apples-to-apples quote information for each comparison quote. If you compare different deductibles it will be next to impossible to make an equal comparison.

Can you really save that much by switching?

Consumers can’t ignore all the ads that promise big savings by State Farm, Geico and Progressive. All the ads say the same thing that you’ll save big if you move to their company.

How do they all make almost identical claims? It’s all in the numbers.

All companies can use profiling for the driver that earns them a profit. For instance, a driver they prefer might be between 25 and 40, a clean driving record, and has a short commute. A driver who matches those parameters gets the lowest rates and therefore will save when switching.

Potential insureds who fall outside the requirements will have to pay higher prices and this can result in the driver buying from a lower-cost company. The ads say “drivers who switch” but not “drivers who get quotes” save that much money. That’s why insurance companies can state the savings. Because of the profiling, drivers should compare many company’s rates. You cannot predict which insurance company will provide you with the cheapest Ford Mustang insurance rates.

Factors that can influence insurance rates for a Ford Mustang

An important part of buying insurance is that you know the factors that go into determining the price you pay for car insurance. Having a good understanding of what influences your rates empowers consumers to make smart changes that may reward you with much lower annual insurance costs.

  • Your location affects your rates – Being located in a rural area has it’s advantages when buying car insurance. Fewer drivers translates into fewer accidents and also fewer theft and vandalism claims. Drivers who live in large cities tend to have congested traffic and longer commutes to work. Longer commute distances means more change of being in an accident.
  • Claim-free discounts can add up – If you tend to file frequent claims, you can look forward to either policy cancellation or increased premiums. Auto insurance companies provide discounts to insureds who are claim-free. Your insurance policy is intended for larger claims.
  • Clean credit earns discounts – Having a bad credit rating is a huge factor in determining your rates. People with high credit ratings tend to be more responsible than drivers with lower credit ratings. So if your credit can use some improvement, you could be paying less to insure your 2014 Ford Mustang by improving your rating.
  • Younger drivers pay higher rates – Older drivers are viewed as being more responsible, tend to file fewer claims and get fewer tickets. Teenage drivers are statistically proven to be more careless behind the wheel therefore car insurance rates are much higher.
  • Drive less and save money – Driving more miles in a year’s time the higher your rate. Almost all companies price each vehicle’s coverage determined by how the vehicle is used. Cars not used for work or commuting receive lower rates compared to those used for work or business. Ask your agent if your car insurance coverage shows the proper vehicle usage, because improper ratings can cost you money. If your policy improperly rates your Mustang can cost quite a bit.
  • High deductibles save money – Physical damage deductibles define the amount you are required to spend if you file a covered claim. Physical damage insurance, commonly called comprehensive (or other-than-collision) and collision coverage, covers damage that occurs to your car. Some instances where coverage would apply would be running into the backend of another car, damage caused by hail, or theft. The more you are required to pay out-of-pocket, the bigger discount you will receive on Mustang insurance.
  • Theft deterrents lower rates – Purchasing a vehicle with an alarm system can save you a little every year. Theft prevention devices such as GM’s OnStar, tamper alarm systems and vehicle immobilizers all aid in stopping your car from being stolen.

Are you getting all your discounts?

Companies don’t always advertise every discount very clearly, so we researched both the well known and the harder-to-find ways to save on insurance. If you’re not getting every credit you deserve, you’re just leaving money on the table.

  • Drive Safe and Save – Drivers who don’t get into accidents can get discounts for up to 45% lower rates on Mustang insurance than less cautious drivers.
  • Life Insurance – Some companies give a discount if you purchase a life insurance policy as well.
  • Defensive Driver – Taking a course teaching defensive driving skills could cut 5% off your bill and easily recoup the cost of the course.
  • Passive Restraint Discount – Vehicles with factory air bags or motorized seat belts can get savings of more than 20%.
  • New Vehicle Savings – Putting insurance coverage on a new car can be considerably cheaper compared to insuring an older model.
  • College Student – Any of your kids living away from home attending college and do not have access to a covered vehicle may be able to be covered for less.
  • Accident Free – Claim-free drivers can earn big discounts compared to bad drivers.

It’s important to understand that most discount credits are not given to the entire cost. Some only apply to the price of certain insurance coverages like medical payments or collision. So despite the fact that it appears adding up those discounts means a free policy, companies wouldn’t make money that way.

To see a list of companies offering insurance discounts, click this link.

When might I need an agent?

When it comes to buying the right insurance coverage, there is no perfect coverage plan. Every situation is different.

For instance, these questions might help in determining if your situation might need an agent’s assistance.

  • Are my friends covered when driving my 2014 Ford Mustang?
  • Does my insurance cover my expensive audio equipment?
  • Do I need medical payments coverage since I have good health insurance?
  • If my 2014 Ford Mustang is totaled, can I afford another vehicle?
  • What is the minimum liability in my state?
  • Am I covered if I crash into my own garage door?
  • How can I get my company to pay me more for my totalled car?
  • Am I covered when delivering products for my home-based business?
  • Should I waive the damage coverage when renting a car?

If you’re not sure about those questions but one or more may apply to you, then you may want to think about talking to an agent. If you want to speak to an agent in your area, simply complete this short form. It is quick, free and you can get the answers you need.

Insurance coverage basics

Knowing the specifics of your insurance policy aids in choosing appropriate coverage and proper limits and deductibles. Insurance terms can be ambiguous and coverage can change by endorsement.

Insurance for medical payments – Coverage for medical payments and/or PIP reimburse you for bills like rehabilitation expenses, doctor visits and pain medications. The coverages can be used in conjunction with a health insurance plan or if you do not have health coverage. They cover you and your occupants and will also cover getting struck while a pedestrian. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage

Comprehensive coverage (or Other than Collision) – This coverage covers damage that is not covered by collision coverage. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims such as hitting a deer, damage from a tornado or hurricane, vandalism and a broken windshield. The maximum amount you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Liability coverage – This coverage will cover damage that occurs to other’s property or people that is your fault. It protects YOU against claims from other people. It does not cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see values of 50/100/50 which means $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery.

Liability coverage protects against things like bail bonds, structural damage, attorney fees, emergency aid and funeral expenses. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as much as you can afford.

Uninsured Motorist or Underinsured Motorist insurance – This coverage gives you protection from other motorists when they either have no liability insurance or not enough. This coverage pays for injuries to you and your family and also any damage incurred to your 2014 Ford Mustang.

Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Collision coverage – Collision coverage covers damage to your Mustang from colliding with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision coverage protects against things such as colliding with another moving vehicle, rolling your car, driving through your garage door, sustaining damage from a pot hole and hitting a mailbox. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to get cheaper collision coverage.

A penny earned…

Consumers who switch companies do it for any number of reasons including not issuing a premium refund, questionable increases in premium, lack of trust in their agent and high rates after DUI convictions. It doesn’t matter what your reason, choosing a new insurance company is pretty easy and you might even save some money in the process.

We just presented some good ideas how to compare 2014 Ford Mustang insurance prices online. The key thing to remember is the more you quote, the better your chances of lowering your rates. Consumers could even find that the lowest rates come from a small local company.

When you buy insurance online, never skimp on critical coverages to save a buck or two. There have been many cases where someone dropped physical damage coverage and discovered at claim time that it was a big error on their part. The proper strategy is to purchase a proper amount of coverage at the best price.

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