1990 Ford Mustang Insurance Quotes – 8 Tips for Best Rates

When trying to find more affordable insurance, are you intimidated by the sheer number of auto insurance sources in your area? There are such a vast assortment of sources available that it can easily turn into a difficult mission to find a cheaper company.

It’s a good habit to quote other rates occasionally because prices fluctuate regularly. If you had the lowest rates for Mustang coverage six months ago there may be better deals available now. Ignore everything you know about auto insurance because you’re about to learn the right way to reduce your cost while increasing coverage.

Earn discounts on auto insurance

The price of auto insurance can be rather high, but you may find discounts that can dramatically reduce your bill. Certain credits will be shown at the time you complete a quote, but some must be specially asked for before they will apply. If you are not receiving all the discounts possible, you are throwing money away.

• Save over 55 – Seniors can get a discount up to 10% for Mustang coverage.
• Discounts for New Vehicles – Insuring a new car can be considerably cheaper because new vehicles have to meet stringent safety requirements.
• Anti-lock Brake System – Vehicles that have anti-lock braking systems can reduce accidents and will save you 10% or more.
• Early Payment Discounts – By paying your entire bill at once instead of monthly or quarterly installments you can avoid monthly service charges.
• Accident Forgiveness – This isn’t a discount exactly, but companies like Progressive and Allstate may permit one accident before hitting you with a surcharge as long as you don’t have any claims prior to the accident.
• Safe Driver Discounts – Insureds without accidents may receive a discount up to 45% for Mustang coverage than less cautious drivers.
• Passive Restraint Discount – Vehicles with factory air bags or automatic seat belts may qualify for discounts of 25 to 30%.
• Policy Bundle Discount – If you have multiple policies with one insurance company you may earn up to 20% and get you cheaper insurance.

Policy discounts save money, but some credits don’t apply to your bottom line cost. Most only cut specific coverage prices like medical payments or collision. If you do the math and it seems like you can get free auto insurance, it doesn’t quite work that way. Any qualifying discounts should help reduce the cost of your policy.

A few popular companies and some of their more popular discounts are shown below.

• State Farm offers premium reductions for good student, driver’s education, multiple autos, good driver, safe vehicle, and multiple policy.
• Farmers Insurance offers discounts including teen driver, bundle discounts, early shopping, multi-car, business and professional, and electronic funds transfer.
• Progressive may offer discounts for good student, online quote discount, multi-policy, homeowner, and online signing.
• Geico policyholders can earn discounts including emergency military deployment, driver training, good student, multi-vehicle, military active duty, and membership and employees.
• Auto-Owners Insurance may include discounts for good student, safe driver, anti-lock brakes, student away at school, and company car.
• The Hartford discounts include bundle, vehicle fuel type, driver training, air bag, good student, defensive driver, and anti-theft.
• Farm Bureau includes discounts for good student, 55 and retired, driver training, multi-policy, multi-vehicle, renewal discount, and youthful driver.
• USAA offers discounts for vehicle storage, defensive driver, good student, multi-policy, and loyalty savings.

If you want affordable insurance quotes, ask all the companies how you can save money. Depending on the company, some discounts might not be offered in your area. To view providers that have a full spectrum of discounts, click here to view.

Tailor your insurance coverage coverage to you

When it comes to buying the best insurance coverage coverage, there really is no “best” method to buy coverage. Everyone’s situation is a little different.

For instance, these questions may help you determine if your situation might need professional guidance.

• Am I covered by my spouse’s policy after a separation?
• Do I have coverage for damage caused while driving under the influence?
• When can I cancel my policy?
• What is the minimum liability in my state?
• Is my nanny covered when driving my vehicle?
• Does my 1990 Ford Mustang need full coverage?

If it’s difficult to answer those questions, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form.

Auto insurance coverages

Understanding the coverages of insurance can be of help when determining the right coverages and the correct deductibles and limits. Policy terminology can be ambiguous and reading a policy is terribly boring.

Uninsured Motorist or Underinsured Motorist insurance

This coverage provides protection when other motorists do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important. Normally these coverages are identical to your policy’s liability coverage.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance pays for damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as theft, damage from flooding, hitting a deer and damage from a tornado or hurricane. The highest amount a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Collision coverage protection

This pays to fix your vehicle from damage caused by collision with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as driving through your garage door, scraping a guard rail, sideswiping another vehicle and rolling your car. 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 bump up the deductible to get cheaper collision coverage.

Insurance for medical payments

Med pay and PIP coverage provide coverage for short-term medical expenses such as EMT expenses, doctor visits, funeral costs, hospital visits and nursing services. They are used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. Coverage applies to both the driver and occupants and also covers if you are hit as a while walking down the street. PIP is not an option in every state and gives slightly broader coverage than med pay

Auto liability insurance

This coverage will cover damage or injury you incur to a person or their property that is your fault. It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 50/100/50 that means you have a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property. Occasionally you may see a combined single limit or CSL which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage protects against things like funeral expenses, medical services, repair bills for other people’s vehicles and structural damage. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase higher limits if possible.

Don’t throw your cash in the trash

As you quote insurance, do not buy lower coverage limits just to save a few bucks. Too many times, an insured dropped full coverage to discover at claim time that they should have had better coverage. Your objective should be to buy the best coverage you can find for the lowest price, not the least amount of coverage.

Drivers who switch companies do it for many reasons like unfair underwriting practices, high prices, delays in paying claims or policy non-renewal. Regardless of your reason, choosing a new insurance company can be easy and end up saving you some money.

Affordable 1990 Ford Mustang insurance is possible from both online companies as well as from independent agents, so you need to quote insurance with both to have the best selection. Some companies don’t offer online price quotes and many times these smaller providers only sell through independent insurance agencies.

Even more information is available at these sites:

• Eight Auto Insurance Myths (Insurance Information Insitute)
• Rental Reimbursement Coverage (Allstate)
• Prom Night Tips for Teen Drivers (State Farm)
• Collision Coverage (Liberty Mutual)