View 1994 Ford Mustang Insurance Quotes

Scraping up a payment for expensive Ford Mustang insurance can dwindle your funds and make it impossible to make ends meet. Performing a price comparison can be a smart way to slash your bill and have more diposable income.

Since consumers have many options when it comes to insurance coverage, it’s nearly impossible to locate the lowest cost insurance coverage company.

It’s a good habit to get comparison quotes at least once a year because insurance coverage rates trend upward over time. Despite the fact that you may have had the lowest premium rates for Mustang coverage a year ago other companies may now be cheaper. Block out anything you think you know about insurance coverage because you’re going to learn how to use online quotes to find lower rates on insurance coverage.

Are you getting every discount?

The price of auto insurance can be rather high, but there’s a good chance there are discounts that you may not even know about. Certain credits will be shown when you quote, but some must be asked about before you get the savings.

  • Anti-theft Discount – Vehicles that have factory alarm systems and tracking devices have a lower chance of being stolen so companies will give you a small discount.
  • Distant Student Discount – Older children who are attending college and won’t have access to an insured vehicle could qualify for this discount.
  • Discount for Home Ownership – Owning a house can save you money due to the fact that maintaining a home demonstrates responsibility.
  • E-sign – A few larger online companies will give a small break for buying your policy over the internet.
  • Drive Safe and Save – Insureds who avoid accidents can get discounts for up to 45% lower rates for Mustang coverage as compared to drivers with claims.
  • Defensive Driving Course – Taking part in a course that instructs on driving safety is a good idea and can lower rates and easily pay for the cost of the class.
  • Sign Early and Save – A few larger companies offer discounts for buying a new policy prior to the expiration date on your current policy. It could save around 10% when you buy car insurance online.
  • Professional Memberships – Affiliation with specific professional or occupational memberships or organizations could qualify you for a break when shopping for insurance coverage.
  • Pay Now and Pay Less – If you pay your bill all at once instead of making monthly payments you can avoid monthly service charges.
  • Onboard Data Collection – Drivers who agree to allow their company to spy on their driving habits by using a telematics device in their vehicle such as Snapshot from Progressive or Drivewise from Allstate might see lower rates if they show good driving skills.

Discounts reduce rates, but you should keep in mind that many deductions do not apply to the overall cost of the policy. Most only cut specific coverage prices like comprehensive or collision. So when the math indicates adding up those discounts means a free policy, insurance companies wouldn’t stay in business. But all discounts will definitely lower your policy premium.

To see a list of insurers that offer multiple discounts, click this link.

The easiest way to compare policy rates is to know the fact all the major auto insurance companies provide online access to provide you with a free rate quote. The one thing you need to do is give them some information like how your vehicles are used, how much coverage you want, the make and model of your vehicles, and if you require a SR-22. The rating information gets sent immediately to multiple car insurance providers and you should receive rate quotes instantly to find the best rate.

When in doubt talk to an agent

When choosing the right insurance coverage for your vehicles, there really is not a cookie cutter policy. Everyone’s situation is a little different so your insurance should reflect that These are some specific questions could help you determine whether you will benefit from professional help.

  • Do I have newly-aquired coverage?
  • How can I get high-risk coverage after a DUI?
  • What can I do if my company denied a claim?
  • Does my 1994 Ford Mustang need full coverage?
  • Should I have a commercial auto policy?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • Do I need more liability coverage?
  • Should I put collision coverage on all my vehicles?
  • What if I total my 1994 Ford Mustang and owe more than it’s worth?

If you don’t know the answers to these questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area. It is quick, free and can help protect your family.

Specific coverages for a 1994 Ford Mustang

Learning about specific coverages of your policy can help you determine the best coverages and the correct deductibles and limits. Policy terminology can be ambiguous and coverage can change by endorsement. These are the usual coverages offered by car insurance companies.

Comprehensive (Other than Collision) – This covers damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like falling objects, hail damage, damage from getting keyed and hitting a bird. The highest amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Collision coverages – Collision coverage pays for damage to your Mustang from colliding with another car or object. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things like sustaining damage from a pot hole, hitting a mailbox, crashing into a ditch, driving through your garage door and rolling your car. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. It’s also possible to increase the deductible to save money on collision insurance.

Coverage for liability – Liability coverage protects you from injuries or damage you cause to other people or property in an accident. It protects YOU from claims by other people. It does not cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 25/50/25 which means $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property. Occasionally you may see a combined single limit or CSL which provides one coverage limit without having the split limit caps.

Liability insurance covers claims such as structural damage, court costs and repair bills for other people’s vehicles. How much coverage you buy is up to you, but it’s cheap coverage so purchase higher limits if possible.

Medical expense insurance – Med pay and PIP coverage provide coverage for immediate expenses like surgery, dental work, prosthetic devices and X-ray expenses. They are often utilized in addition to your health insurance policy or if you lack health insurance entirely. Coverage applies to both the driver and occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage

Protection from uninsured/underinsured drivers – Uninsured or Underinsured Motorist coverage provides protection when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include hospital bills for your injuries and also any damage incurred to your 1994 Ford Mustang.

Due to the fact that many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked. Normally these limits are set the same as your liablity limits.

In Summary

As you prepare to switch companies, it’s a bad idea to buy less coverage just to save a little money. There are many occasions where an insured cut comprehensive coverage or liability limits and found out when filing a claim they didn’t have enough coverage. Your objective should be to purchase a proper amount of coverage at the best price while not skimping on critical coverages.

We’ve covered many tips how you can lower your 1994 Ford Mustang insurance premium rates. The key thing to remember is the more you quote car insurance, the higher your chance of finding cheaper car insurance. You may even discover the best price on insurance is with some of the lesser-known companies. Regional companies may only write in your state and offer lower prices compared to the large companies like GEICO and State Farm.

More tips and info about insurance is available in these articles:

Comments About 1994 Ford Mustang Insurance

  1. Kimberely Craft

    I compared a lot of rate quotes for a 1994 Ford Mustang in Owensboro, KY. Ended up at roughly $110 every six months with American Family. It’s easy to compare rates online now. It’s too old for full coverage.

  2. Kiera Holder

    Lifelong resident of Billings, MT. Quoted prices from Progressive, Amica, and Farmers for my 1994 Ford Mustang and saved $86 a year. Did it all online. It’s only liability tho.

  3. Korey Crane

    Does Allstate have good claim service?

  4. Liberty Sanford

    Cheap is not always the best policy. From northwest of Lewiston, ME. Got car insurance quotes from Travelers, Auto-Owners, Hartford, and Mercury for my Ford and saved $67 a year. Good savings if you bundle. I used their online quote form to compare rates. I don’t insure for physical damage though.

  5. Lavenia Hebert

    Not sure what I should be paying. I live on the west side of Las Vegas, NV. Received prices from Sentry, Esurance, State Farm, and Amica for my 1994 Ford Mustang and I’m now saving $12 a month. I even had a DUI years ago. :)

  6. Dong Mcdonald

    IT’S ALL TOO EXPENSIVE! Checking in from Hilo, Hawaii. Quoted prices online for a 1994 Ford Mustang. Ended up at about $120 savings annually. Went with Allstate. Even increased coverage a bit. God forbid I actually have a claim. Anyone else drop full coverage?

  7. Jaye Melendez

    Lots of useful info here. I’m in the suburbs of Cincinnati, OH. Compared rates from a lot of places. Saved darn near $20 a month. Progressive was the cheapest option for me. Was with Mercury. Have a couple speeding tickets too. It’s only liability tho.

  8. Vinita Erickson

    Affordable car insurance is a myth. Lifelong resident of Pittsburgh, PA. Got prices from USAA, AIG Insurance, The General, and Mercury for my 1994 Ford Mustang and saved just over $60 a year. I got prices on the web.

  9. Artie Brown

    Compared rates with GEICO and AIG Insurance but still pricey.

  10. Armand Wright

    What is UM/UIM coverage?