2011 Ford Mustang Insurance Quotes – 8 Ideas for Cheaper Rates

Searching for cheaper car insurance rates for your Ford Mustang? Nobody I know is fond of buying car insurance, especially when they could lower their rates if they shopped around.

You have so many insurance companies to buy insurance from, and although it’s nice to have a selection, more options can take longer to compare rates.

It is always a good idea to compare rates once or twice a year since prices are variable and change quite frequently. Even if you got the best rates on Mustang coverage two years ago a different company probably has better rate quotes today. Ignore everything you know about car insurance because it’s time to teach you the tricks you need to know to lower your annual insurance bill.

Finding affordable insurance coverage is quite easy. Basically, every driver who carries insurance coverage most likely will be able to lower their premiums. Nevertheless, drivers do need to understand how companies determine prices and apply this information to your search.

The most recommended method to compare car insurance rates is to know the trick auto insurance companies pay for the opportunity to give you rate quotes. All you need to do is provide information including whether you drive to work or school, any included safety features, coverage limits, and if you lease or own. That rating data gets transmitted to multiple different insurance companies and you will receive price estimates immediately.

Get cheaper rates with these eight discounts

Auto insurance is expensive, but you can get discounts that you may not know about. Certain credits will be shown at the time you complete a quote, but once in a while a discount must be specifically requested prior to receiving the credit. If you do not double check each discount available, you’re just leaving money on the table.

  • Auto/Home Discount – When you combine your auto and home insurance and insure them both with the same insurance company you may earn at least 10 to 15 percent or more.
  • Sign Early and Save – Some companies reward drivers for buying a new policy early. The savings is around 10%.
  • Defensive Driver – Taking part in a course in defensive driver is a good idea and can lower rates depending on where you live.
  • Pay Early and Save – By paying your entire bill at once rather than spreading payments over time you can actually save on your bill.
  • Drivers Ed for Students – Reduce the cost of insurance for teen drivers by having them enroll and complete driver’s education if it’s offered in school.
  • Senior Citizen Discount – Mature drivers can possibly qualify for reduced rates on Mustang coverage.
  • Discount for Life Insurance – Select insurance companies reward you with a break if you buy a life policy as well.
  • Employee of Federal Government – Active or former government employment may reduce rates when you quote insurance on Mustang coverage with a few auto insurance companies.

One last thing about discounts, most of the big mark downs will not be given to the entire policy premium. The majority will only reduce specific coverage prices like comprehensive or collision. Just because you may think you can get free auto insurance, company stockholders wouldn’t be very happy.

To find providers with discount rates, click here.

What is the best car insurance coverage?

When buying the best car insurance coverage, there really is not a “perfect” insurance plan. Every insured’s situation is different so your insurance needs to address that. Here are some questions about coverages that can help discover whether or not you would benefit from professional advice.

  • Do I need PIP (personal injury protection) coverage in my state?
  • Why am I required to buy high-risk coverage?
  • Do I need special endorsements for business use of my vehicle?
  • Does insurance cover damages from a DUI accident?
  • Do I need more liability coverage?
  • Am I insured when driving a different vehicle?
  • Are my tools covered if they get stolen from my vehicle?

If you don’t know the answers to these questions but a few of them apply, you might consider talking to an insurance agent. If you want to speak to an agent in your area, take a second and complete this form or go to this page to view a list of companies.

Is there deception in advertising?

Companies like Progressive, Allstate and GEICO endlessly run ads on television and other media. They all have a common claim about savings just by moving your insurance coverage policy to them. But how can every company make the same claim? Here is the trick they use.

Insurance coverage companies quote their best rates for the driver they prefer to insure. An example of a profitable risk profile may need to be over the age of 35, owns their home, and has excellent credit. A driver who fits that profile will most likely get cheap rates and will probably save money with a new company.

Potential customers who cannot meet those standards will get a higher rate and ends up with the driver buying from a lower-cost company. The ads state “people that switch” not “everybody who quotes” save that kind of money. That’s why companies can truthfully make it sound like they have such great premium rates.

This really illustrates why drivers must compare quotes as often as possible. It is impossible to predict which insurance companies will give you the biggest savings.

Parts of your auto insurance policy

Understanding the coverages of a auto insurance policy helps when choosing the best coverages and proper limits and deductibles. The terms used in a policy can be impossible to understand and coverage can change by endorsement. These are typical coverages available from auto insurance companies.

Protection from uninsured/underinsured drivers

This gives you protection from other drivers when they do not carry enough liability coverage. This coverage pays for injuries to you and your family and damage to your Ford Mustang.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family. Usually these coverages do not exceed the liability coverage limits.

Coverage for liability

This coverage will cover damage that occurs to other people or property by causing an accident. It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 50/100/50 which means a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property. Some companies may use a combined single limit or CSL which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage pays for claims such as court costs, repair costs for stationary objects, legal defense fees, structural damage and loss of income. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase as large an amount as possible.

Comprehensive (Other than Collision)

Comprehensive insurance pays for damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims such as damage from a tornado or hurricane, falling objects and a broken windshield. The maximum payout a auto insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Collision insurance

This coverage pays for damage to your Mustang caused by collision with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like hitting a parking meter, sustaining damage from a pot hole, rolling your car and sideswiping another vehicle. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. Another option is to bump up the deductible to get cheaper collision coverage.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage pay for expenses for dental work, chiropractic care, funeral costs, surgery and hospital visits. They can be utilized in addition to your health insurance program or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

A little work can save a LOT of money

When getting insurance quotes online, don’t be tempted to buy less coverage just to save a little money. In too many instances, someone sacrificed physical damage coverage only to find out that it was a big error on their part. The ultimate goal is to buy the best coverage you can find at a price you can afford while not skimping on critical coverages.

We just covered a lot of tips how to reduce 2011 Ford Mustang insurance prices online. The key thing to remember is the more companies you get rates for, the more likely it is that you will get a better rate. You may even discover the most savings is with an unexpected company. These companies can often provide lower rates in certain areas than their larger competitors like GEICO and State Farm.

Even more information is available at these sites:

Comments About 2011 Ford Mustang Insurance

  1. Shavonda Mcintyre

    If you’re a decent driver and live in the vicinity of Greensboro, NC, check out Allstate. They seem to be cheaper. Was with Esurance. Good savings if you bundle.

  2. Carlie Oliver

    It all costs too much. I’m in the south part of Honolulu, HI. I got free quotes with Nationwide, Eastwood, GEICO, and Amica for my Ford and I’m now saving $35 a month. Insured with Encompass before. Switched homeowners coverage too.

  3. Julieann Lang

    Corporate greed I’m telling you. From northwest of Cincinnati, Ohio. Quoted with Liberty Mutual, Amica, Nationwide, and a couple others for my 2011 Ford Mustang and I’m now saving $17 a month. Are quotes cheaper online?

  4. August Price

    Live in the northern part of Newark, New Jersey. Quoted with Mercury, Esurance, State Farm, and American Family for my Mustang and saved just over $340 a year. Thankfully I’m not a high risk driver.

  5. Madie Webb

    Live in the eastern part of Aurora, CO. Quoted with AIG Insurance, MetLife, and a few others for my 2011 Ford Mustang and saved $378 a year. They have a lot of discounts available. Not sure if rates are cheaper online or through an agent.

  6. Barb Medina

    From a town just southwest of Denver, CO. Went online for free insurance quotes for a 2011 Ford Mustang. Ended up at about $240 savings annually. Went with 21st Century. I have kids on my policy, too.

  7. Dannielle Gibson

    I got a good deal I think. I’m just north of Juneau, AK. Received rates from 21st Century, Erie, and The General for my Ford and cut my rates about $240 a year. Good savings if you bundle. It’s still not cheap enough.

  8. Fransisca Dudley

    Located in Charleston, SC. Quoted with 21st Century, Amica, and Erie for my Ford and saved just over $400 a year. Insured with Esurance before. I’m a pretty good driver though. They have free quotes online.

  9. Dione Everett

    Any Allstate or Erie customers near Owensboro, KY?

  10. Laquanda Roman

    Cheapest quote for my 2011 Ford Mustang was with Encompass. Left AIG Insurance to switch. Thankfully I have a good driving record. You can get a rate quote online.

  11. Emma Lindsay

    I’m in the south part of Fargo, ND. Quoted with 21st Century, GMAC, and Erie for my 2011 Ford Mustang and I think I am saving around $40 each month. I quoted rates online then called them.

  12. Dee Sweet

    I compared a lot of rate quotes for a 2011 Ford Mustang in Las Cruces, NM. Ended up at right around $580 every six months with American Family. BTW speeding tickets are not good. Online quotes are the way to go.

  13. Remona Mcfadden

    I’m in the suburbs of Montgomery, AL. Quoted with Auto-Owners, Mercury, and a few others for my 2011 Ford Mustang and I’m now saving $31 a month. I get multi-vehicle and multi-policy discounts.

  14. Leigh Knox

    If you have a good history and are close to Columbus, GA, check out Allstate. They seem to be cheaper. Highly recommended.

  15. Raeann Mccullough

    I live in Jackson, MS. Got car insurance prices from The General, Auto-Owners, MetLife, and a couple others for my Ford and I’m now saving $29 a month. Left USAA to switch.