How Much Does 2017 Ford Mustang Car Insurance Cost?

Did you make the mistake of buying an expensive insurance coverage policy? You’re preaching to the choir because you are not the only one feeling buyer’s remorse.

Online insurance companies like Geico and Progressive constantly blast consumers with ads and consumers find it hard to ignore the propoganda and find the best price available.

Affordable auto insurance rate quotes

Shopping for lower auto insurance rates can be a lot of work if you don’t understand the most efficient way. You can spend countless hours talking to agents in your area, or you can stay home and use online quotes to maximize your effort.

Many insurance companies take part in a program where insurance shoppers submit their information once, and each participating company provides a quote determined by their information. This eliminates the need for quote requests to each company. To enter your information into the quoting system, click here to start a free quote.

The one downside to using this type of system is you don’t know exactly the insurers you want pricing from. So if you prefer to choose specific providers to request quotes from, we have assembled a list of the cheapest auto insurance companies in your area. Click to view list.

Which method you use is up to you, but make sure you are using the same quote data for each comparison quote. If you have different values for each quote it will be nearly impossible to make an equal comparison. Slightly different insurance coverages could throw off the whole comparison. Keep in mind that making a lot of price comparisons provides better odds of finding the best rates. Not every company does prices over the internet, so it’s important to compare price quotes on coverage from those companies, too.

Quote Ford Mustang insurance more affordably

When buying car insurance it’s important to understand some of the elements that aid in calculating your premiums. If you have some idea of what determines premiums, this empowers consumers to make smart changes that could help you find lower premium levels.

  • High deductibles equal low rates – Deductibles for physical damage represent how much money the insured will be required to pay if the claim is covered. Insurance for physical damage, also called ‘full coverage’, insures against damage to your car. A few examples of covered claims are rearending another vehicle, collision with a deer, or theft of your vehicle. The more money you pay before a claim is paid (deductible), the bigger discount you will receive on Mustang coverage.
  • Your credit history is important – Having a good credit score can be a huge factor in determining what you pay for car insurance. If your credit is not that good, you could potentially save money when insuring your 2017 Ford Mustang by repairing your credit. Drivers who have excellent credit tend to be better risks to insure than drivers who have bad credit.
  • Safer vehicles mean better prices – Cars with five star safety ratings are cheaper to insure. The safest vehicles reduce the chance of injuries and lower rates of occupant injuries translates into savings for insurance companies which can result in lower premiums.
  • Low mileage costs less – The more you drive your Ford every year the more you will pay for car insurance. Many insurance companies calculate prices based on their usage. Vehicles that have low annual miles can get a lower rate than vehicles that have high annual mileage. Verify your car insurance policy shows the correct usage, because improper ratings can cost you money. An incorrectly rated Mustang may be costing you higher rates.
  • How’s your driving record? – Getting just one citation can increase rates forty percent or more. Good drivers pay less for auto insurance as compared to careless drivers. Drivers with multiple violations like DUI or reckless driving may face state-mandated requirements to maintain a SR-22 with their state’s department of motor vehicles in order to prevent a license revocation.
  • Premiums may be lower depending on your vocation – Did you know your career choice can influence rates? Occupations like military generals, executives and stock brokers are shown to have higher premium rates in part from high stress levels and lots of time spent at work. On the other hand, jobs such as scientists, historians and performers receive lower rates on Mustang coverage.

Don’t overlook these auto insurance discounts

Some providers don’t always list the entire discount list very well, so the next list breaks down a few of the more well known as well as some of the hidden credits that you can use to lower your rates.

  • Safe Driver Discount – Drivers who don’t get into accidents can save up to 40% or more on their car insurance quote on Mustang coverage compared to rates paid by drivers with frequent claims.
  • Auto/Life Discount – Not every insurance company offers life insurance, but if they do you may earn a lower premium rate if you buy life insurance.
  • Seat Belts Save – Using a seat belt and requiring all passengers to wear their seat belts can save a little off the PIP or medical payment premium.
  • Own a Home – Owning a home may trigger a policy discount on auto insurance because it requires personal responsibility.
  • ABS Brakes – Vehicles equipped with ABS or steering control are much safer to drive so you can save 10 percent or more.
  • Discounts for New Vehicles – Putting coverage on a new car can save up to 30% because newer models have to meet stringent safety requirements.
  • Early Signing – Some auto insurance companies reward drivers for renewing your policy before your current coverage expires. You could save around 10% when you buy car insurance online.
  • Senior Citizen Rates – If you’re over the age of 55, you can get lower premium rates on Mustang coverage.

You can save money using discounts, but most discount credits are not given to your bottom line cost. Some only apply to the price of certain insurance coverages like liability and collision coverage. Despite the appearance that you could get a free auto insurance policy, you’re out of luck. Any qualifying discounts should help lower the cost of coverage.

Larger auto insurance companies and a selection of discounts are shown below.

  • Progressive may offer discounts for online signing, homeowner, continuous coverage, multi-policy, good student, and online quote discount.
  • SAFECO policyholders can earn discounts including anti-theft, teen safe driver, bundle discounts, accident prevention training, drive less, and homeowner.
  • American Family offers discounts for multi-vehicle, early bird, mySafetyValet, good student, TimeAway discount, bundled insurance, and air bags.
  • MetLife may include discounts for good student, claim-free, defensive driver, accident-free, and multi-policy.
  • Geico includes discounts for anti-theft, emergency military deployment, multi-policy, daytime running lights, and military active duty.
  • The Hartford may have discounts that include anti-theft, driver training, air bag, good student, and vehicle fuel type.

Before you buy a policy, ask each company or agent which discounts you qualify for. Savings may not apply everywhere. To see providers that have a full spectrum of discounts, click this link.

When to get professional advice

When it comes to buying the right insurance coverage for your personal vehicles, there really is not a best way to insure your cars. Everyone’s situation is a little different so your insurance should reflect that For example, these questions can aid in determining whether your personal situation might need professional guidance.

  • Do I have coverage when making deliveries for my home business?
  • What companies insure drivers after a DUI or DWI?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Do I need to file an SR-22 for a DUI in my state?
  • Is my 2017 Ford Mustang covered for flood damage?
  • Is motorclub coverage worth it?
  • What is no-fault insurance?

If you’re not sure about those questions, you may need to chat with a licensed agent. If you don’t have a local agent, simply complete this short form or you can also visit this page to select a carrier

Coverages available on your insurance policy

Knowing the specifics of insurance aids in choosing appropriate coverage and proper limits and deductibles. Policy terminology can be difficult to understand and reading a policy is terribly boring. Listed below are the usual coverages found on the average insurance policy.

Coverage for uninsured or underinsured drivers

This provides protection from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your Ford Mustang.

Because many people only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea.

Comprehensive insurance

Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage pays for claims like hitting a bird, damage from a tornado or hurricane and hail damage. The most a insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Coverage for medical expenses

Med pay and PIP coverage reimburse you for short-term medical expenses for ambulance fees, rehabilitation expenses, funeral costs and nursing services. They can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. They cover both the driver and occupants as well as getting struck while a pedestrian. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Liability coverage

This coverage can cover injuries or damage you cause to other’s property or people in an accident. This coverage protects you from claims by other people. It does not cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see liability limits of 50/100/50 that means you have a limit of $50,000 per injured person, $100,000 for the entire accident, and property damage coverage for $50,000.

Liability insurance covers things like court costs, medical services, bail bonds and attorney fees. How much liability should you purchase? That is a personal decision, but consider buying as large an amount as possible.

Auto collision coverage

Collision insurance pays for damage to your Mustang caused by collision with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims like driving through your garage door, colliding with another moving vehicle, sustaining damage from a pot hole, crashing into a building and backing into a parked car. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. You can also raise the deductible to save money on collision insurance.

Be a smart shopper

In this article, we covered many ideas to save on 2017 Ford Mustang insurance. The most important thing to understand is the more times you quote, the better your chances of lowering your prices. You may even find the biggest savings come from a smaller regional carrier. They may only write in your state and offer lower prices than their larger competitors like Allstate and Progressive.

Low-cost 2017 Ford Mustang insurance is definitely available from both online companies and from local agencies, and you need to comparison shop both to have the best chance of lowering rates. Some insurance companies do not offer the ability to get a quote online and many times these regional insurance providers only sell through independent agencies.

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