View 2009 Ford Mustang Insurance Rates

Want the cheapest car insurance rates for your Ford Mustang? Are you sick and tired of sacrificing to pay car insurance each month? You are in the same boat as many other drivers.

Numerous insurers battle to insure your vehicles, so it’s not easy to compare every insurance company to discover the definitive lowest rate possible.

You need to do rate comparisons at least once a year due to the fact that insurance prices go up and down regularly. Even if you got the best deal on Mustang coverage a year ago the chances are good that you can find a lower rate quote today. Forget all the misinformation about car insurance because you’re about to learn how to use the internet to remove unneeded coverages and save money.

How insurance companies calculate Ford Mustang insurance rates

Consumers need to have an understanding of some of the factors that aid in calculating the level of your policy premiums. If you have a feel for what determines base rates, this empowers consumers to make smart changes that can earn you lower premium levels.

The factors shown below are most of the major factors utilized by car insurance companies to help set prices.

  • No policy claims equals cheap auto insurance rates – Companies provide the best rates to people who do not file claims often. If you’re an insured who likes to file claims you can look forward to much higher rates or policy non-renewal. Auto insurance is intended for claims that you cannot pay yourself.
  • Does your vocation cost you more? – Jobs such as military personnelpolice officers and emergency personnel tend to have the highest average rates due to intense work-related stress and lots of time spent away from family. Conversely, jobs such as farmers, athletes and performers generally pay rates lower than average on Mustang coverage.
  • Having a spouse can save on auto insurance – Having a wife or husband may save some money on auto insurance. Having a spouse is viewed as being more stable financially and it’s statistically proven that married drivers tend to have fewer serious accidents.
  • Do you have enough liability coverage? – Liability insurance provides coverage if ever you are ruled to be at fault for physical damage or personal injury to other. Your liability coverage provides legal defense to defend your case. This coverage is very inexpensive compared to comp and collision, so drivers should carry high limits.
  • Better rates on cars with good safety ratings – Vehicles with high crash test scores are cheaper to insure. Safer cars result in less severe injuries and better occupant protection translates into savings for insurance companies and thus lower rates. If your Ford Mustang is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website it is probably cheaper to insure.
  • Prevent coverage lapses – Having an insurance coverage lapse will be a fast way to trigger a rate increase. And not only will insurance be more expensive, the inability to provide proof of insurance could earn you a revoked license or a big fine.
  • Your car’s features help determine rates – Owning a car with a theft deterrent system can help bring down rates. Anti-theft devices such as OnStar, LoJack tracking, and tamper alarms can help prevent your vehicle from being stolen.
  • More traffic equals higher costs – Living in areas with lower population is a good thing when insuring your vehicles. Urban drivers have to deal with more auto accidents and longer commute times. Fewer drivers on the road means a lower chance of having an accident and a lower car theft rate.

How to buy insurance online

To get the cheapest insurance coverage quotes, there a variety of ways to compare quotes from local insurance companies. The best method to lower the rate you pay for 2009 Ford Mustang insurance consists of obtaining rate quotes online. It’s really quite simple and can be done in a couple of different ways.

  1. Hands down the most simple method to get quotes is to use a rate comparison form like this one (opens in new window). This type of form prevents you from having to do separate quotes for every company. Just one form compares rates from all major companies.
  2. A more difficult way to analyze rates is spending the time to visit the website for every company you want to comare to complete a price quote. For example, we’ll assume you want to view quotes from Allstate, Liberty Mutual and Farmers. To get rate quotes you would need to navigate to each company’s site and punch in your information repeatedly, which is why first method is reommended. For a handy list of car insurance company links in your area, click here.
  3. The old school method to shop rates is to spend your day driving to each insurance agency near you. Quoting online eliminates the middleman unless you require the extra assistance of a licensed agent. If you prefer, some companies allow you to price shop your coverage online but still have the advice of a local agent.

It doesn’t matter which method you choose, just do your best to use the same quote data on every quote you get. If each company quotes mixed coverages you will not be able to decipher which rate is best. Quoting even small variations in insurance coverages or limits can make a big difference in price. Just keep in mind that comparing a large number of companies helps increase your odds of locating a better price.

The auto insurance bait and switch

Big name companies like State Farm, GEICO and Progressive seem to constantly run ads on television and other media. All the ads advertise claims that people will save just by switching your auto insurance policy to them. But how can every company have lower policy pricing? This is the way they can do it.

Different companies are able to cherry pick for the type of driver that makes them money. One example of a desirable risk might be between the ages of 30 and 50, has no prior claims, and has a high credit rating. A propective insured that meets those criteria will get the preferred car insurance rates and most likely will save when switching.

Potential insureds who fall outside those criteria will be charged a higher premium which leads to the prospect going elsewhere. The trick companies use is to say “drivers that switch” but not “all drivers who get quotes” save money. That is how companies can truthfully make those statements.

This illustrates why drivers must do a quote comparison often. Because without a comparison, you cannot know with any certainty which company will have the lowest rate quotes.

More discounts mean cheaper premiums

Some insurance providers don’t list every discount in a way that’s easy to find, so the list below contains some of the best known as well as the least known credits that may apply to you.

  • Low Mileage – Keeping the miles down on your Ford may enable drivers to earn cheaper premium rates.
  • Theft Deterent Discount – Cars and trucks equipped with anti-theft or alarm systems have a lower chance of being stolen and earn discounts up to 10% off your insurance coverage quote.
  • Anti-lock Brakes – Cars equipped with ABS or steering control can avoid accidents and the ABS can save up to 10%.
  • Accident-Free Discounts – Drivers with accident-free driving histories can save substantially in comparison with drivers with a long claim history.
  • Discounts for Safe Drivers – Drivers who avoid accidents can save as much as half off their rates on Mustang coverage compared to accident prone drivers.

As is typical with insurance, most of the big mark downs will not be given to your bottom line cost. Most only reduce individual premiums such as comp or med pay. If you do the math and it seems like you can get free auto insurance, it doesn’t quite work that way.

A few popular companies and their offered discounts are outlined below.

  • GEICO offers discounts including five-year accident-free, multi-vehicle, defensive driver, anti-theft, multi-policy, and emergency military deployment.
  • MetLife has savings for multi-policy, defensive driver, good driver, good student, and claim-free.
  • State Farm offers premium reductions for Drive Safe & Save, good student, passive restraint, defensive driving training, good driver, and driver’s education.
  • Progressive offers discounts for homeowner, multi-vehicle, continuous coverage, multi-policy, online quote discount, online signing, and good student.
  • Mercury Insurance policyholders can earn discounts including good student, annual mileage, multi-car, age of vehicle, ease of repair, low natural disaster claims, and good driver.
  • 21st Century has discounts for good student, defensive driver, air bags, anti-lock brakes, and theft prevention.
  • Allstate includes discounts for resident student, passive restraint, multi-policy, economy car, and anti-lock brakes.

Double check with all the companies which discounts can lower your rates. Depending on the company, some discounts might not be available to policyholders in your area. To see providers that offer discounts, follow this link.

It’s not one size fits all

When choosing the right insurance coverage for your personal vehicles, there isn’t really a one size fits all plan. Everyone’s needs are different and your policy should reflect that. For example, these questions can help discover whether you may require specific advice.

  • Does my insurance cover my expensive audio equipment?
  • Should I drop comprehensive coverage on older vehicles?
  • Am I covered when using my vehicle for business?
  • Can my babysitter drive my car?
  • Is my 2009 Ford Mustang covered for smoke damage?
  • Does my 2009 Ford Mustang qualify for pleasure use?
  • What are the best liability limits?

If you don’t know the answers to these questions, then you may want to think about talking to an agent. To find lower rates from a local agent, take a second and complete this form or click here for a list of car insurance companies in your area.

Car insurance 101

Understanding the coverages of your auto insurance policy helps when choosing appropriate coverage and the correct deductibles and limits. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy. These are typical coverage types available from auto insurance companies.

Liability car insurance

This coverage provides protection from damages or injuries you inflict on people or other property by causing an accident. It protects you from claims by other people, and doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see values of 25/50/25 that means you have a $25,000 limit per person for injuries, 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 one limit called combined single limit (CSL) which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage pays for claims like structural damage, repair bills for other people’s vehicles and legal defense fees. How much liability should you purchase? That is your choice, but consider buying as high a limit as you can afford.

Uninsured/Underinsured Motorist coverage

This provides protection from other drivers when they do not carry enough liability coverage. This coverage pays for hospital bills for your injuries and also any damage incurred to your Ford Mustang.

Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked. Normally the UM/UIM limits are identical to your policy’s liability coverage.

Collision insurance

This pays to fix your vehicle from damage resulting from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things like sustaining damage from a pot hole, crashing into a ditch, crashing into a building and sideswiping another vehicle. This coverage can be expensive, so consider removing coverage from older vehicles. You can also bump up the deductible in order to get cheaper collision rates.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage kick in for bills for things like doctor visits, surgery and hospital visits. They can be utilized in addition to your health insurance policy or if you lack health insurance entirely. It covers all vehicle occupants and also covers any family member struck as a pedestrian. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Comprehensive coverage

This pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims such as damage from flooding, damage from getting keyed and hitting a deer. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Save your hard earned cash

When getting insurance coverage quotes online, it’s very important that you do not skimp on coverage in order to save money. There are many occasions where someone sacrificed full coverage only to discover later they didn’t have enough coverage. The goal is to buy a smart amount of coverage for the lowest cost, but don’t skip important coverages to save money.

Lower-priced 2009 Ford Mustang insurance can be found from both online companies as well as from independent agents, so you need to quote insurance coverage with both in order to have the best price selection to choose from. Some insurance providers may not offer the ability to get quotes online and usually these regional carriers sell through independent agents.

Additional detailed information can be read at these sites:

Comments About 2009 Ford Mustang Insurance

  1. Lashay Ramos

    Cheap car insurance? What’s that? Checking in from North Charleston, SC. Not sure of all the companies but I ended up saving about $40 each month. God forbid I actually have a claim.

  2. Voncile Garner

    When do I drop full coverage?

  3. Bethann Fry

    I found cheap 2009 Ford Mustang insurance in Lexington, Kentucky with Allstate.

  4. Penney Quinn

    Is a custom audio system covered by insurance?

  5. Nickolas Kelley

    Went with Safeco for my 2009 Ford Mustang and am saving around $530 a year.

  6. Ta Mitchell

    I got decent rates for a 2009 Ford Mustang in Kailua, HI. Ended up at about $270 every six months with AIG Insurance. Switched homeowners coverage too.

  7. Shirely Callahan

    If you don’t have tickets and live around Overland Park, KS, check out GEICO. They seem to be cheaper. I get lower rates because of my clean driving record. Are quotes cheaper online?

  8. Irene Sanford

    Anyone like their agent?

  9. Arleen Noel

    I got decent rates for a 2009 Ford Mustang in Warwick, Rhode Island. Ended up at about $230 every six months with American Family. Insured with Allstate before. Switched homeowners coverage too.

  10. Shondra Moody

    I compared a lot of rate quotes for a 2009 Ford Mustang in Rockford, IL. Ended up at darn near $250 every six months with AIG Insurance. Not sure if rates are cheaper online or through an agent.

  11. Nenita Caldwell

    Cheap is not always the best policy. I live north of Springfield, MA. Quoted prices from Progressive, Amica, Erie, and Liberty Mutual for my Mustang and am saving around $390 a year.

  12. Korey Goodwin

    Not sure what I should be paying. I live south of Denver, Colorado. Quoted with MetLife, Farmers, 21st Century, and Amica for my Mustang and I think I saved about $40 each month. Was with Progressive.

  13. Preston Flowers

    I live just outside Owensboro, KY. Got quotes with State Farm, Esurance, and Hartford for my 2009 Ford Mustang and saved $257 a year. Was with GMAC. I have kids on my policy, too. They have free quotes online.