2013 Ford Mustang Car Insurance Quotes – 8 Tips to Save

Trying to find the cheapest auto insurance rates for your Ford Mustang? Are you at wits end from scraping nickels together to insure your Ford every month? Your situation is no different than most other consumers.

You have so many insurers to buy insurance from, and though it is a good thing to be able to choose, more choices can make it harder to compare rates and cut insurance costs.

How to buy car insurance online

Comparing car insurance rates can be a lot of work if you don’t know the fastest way to get free quotes. You could waste a few hours talking about coverages with local insurance agents in your area, or you can utilize the internet for quick rates.

Most car insurance companies belong to a marketplace where insurance shoppers complete one form, and each company can give them a price. This saves time by eliminating form submissions to each individual car insurance company.

To enter your information into the quoting system, click here to start a free quote.

The one downside to doing it this way is you cannot specify which providers to get quotes from. So if you prefer to choose from a list of companies to request quotes from, we put together a list of the cheapest car insurance companies in your area. View list of insurance companies.

The approach you take is up to you, just make sure you compare identical coverage limits for each comparison quote. If you are comparing different limits and deductibles on each one it’s impossible to determine which rate is truly the best. Just slight variations in coverage limits could skew the results. It’s important to know that comparing a large number of companies increases the change that you will find the best rates.

These eight discounts can cut insurance coverage rates

Some providers don’t always publicize all their discounts in a way that’s easy to find, so the following is a list of a few of the more well known and the harder-to-find discounts that you may qualify for. If you aren’t receiving every discount you qualify for, you are just wasting money.

• Driver Safety – Participating in a defensive driving course could possibly earn you a 5% discount if you qualify.
• Theft Prevention System – Cars, trucks, and SUVs equipped with tracking devices and advanced anti-theft systems prevent vehicle theft and will qualify for a discount on a car insurance quote.
• Life Insurance Discount – If the company offers life insurance, you could get better premium rates if you take out some life insurance too.
• Smart Student Discounts – This discount may save as much as 25% on a car insurance quote. The good student discount can last up until you turn 25.
• Driver’s Ed – Teen drivers should successfully complete driver’s ed class in school or through a local driver safety program.
• Telematics Devices – People who choose to allow data collection to study vehicle usage by using a telematics device such as Snapshot from Progressive or Drivewise from Allstate might get better premium rates if they have good driving habits.
• Use Seat Belts – Buckling up and requiring all passengers to fasten their seat belts can save up to 10 percent (depending on the company) off the medical payments premium.
• No Charge for an Accident – Not necessarily a discount, but certain companies will turn a blind eye to one accident before hitting you with a surcharge so long as you are claim-free for a certain period of time.

One last thing about discounts, most discount credits are not given to the overall cost of the policy. Most only apply to specific coverage prices like physical damage coverage or medical payments. Even though it may seem like all those discounts means the company will pay you, you won’t be that lucky. Any amount of discount will lower the premium cost.

A few of the larger companies and some of the discounts can be read below.

• Esurance offers discounts including paid-in-full, anti-theft, online quote, Pac-12 alumni, online shopper, anti-lock brakes, and emergency road assistance.
• The Hartford may have discounts that include driver training, bundle, vehicle fuel type, air bag, defensive driver, and good student.
• AAA has savings for education and occupation, multi-car, AAA membership discount, pay-in-full, anti-theft, and good student.
• Geico may include discounts for federal employee, multi-vehicle, air bags, driver training, and membership and employees.
• State Farm offers discounts for student away at school, good driver, passive restraint, driver’s education, multiple policy, and accident-free.

When getting free car insurance quotes, it’s a good idea to every prospective company to give you their best rates. A few discounts may not apply to policyholders in your state. To see a list of insurance coverage companies who offer online insurance coverage quotes, follow this link.

When do I need an agent’s advice?

When it comes to buying the right insurance coverage, there really is not a “best” method to buy coverage. Every situation is different and your policy should reflect that. For instance, these questions may help you determine whether or not you would benefit from an agent’s advice.

• What if I owe more than I can insure my car for?
• Do all my vehicles need collision coverage?
• What is the minimum liability in my state?
• What is PIP insurance?
• How much liability do I need to cover my assets?
• Is my trailer covered?
• Can I still get insurance after a DUI?
• Will I be non-renewed for getting a DUI or other conviction?

If you don’t know the answers to these questions, you might consider talking to a licensed agent. To find an agent in your area, complete this form or you can also visit this page to select a carrier

Auto insurance 101

Understanding the coverages of auto insurance aids in choosing which coverages you need at the best deductibles and correct limits. Auto insurance terms can be difficult to understand and even agents have difficulty translating policy wording. Below you’ll find typical coverages found on most auto insurance policies.

Coverage for uninsured or underinsured drivers

This coverage gives you protection when the “other guys” are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family as well as your vehicle’s damage.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Normally these limits are set the same as your liablity limits.

Coverage for medical expenses

Med pay and PIP coverage pay for bills for dental work, surgery, rehabilitation expenses and chiropractic care. They are utilized in addition to your health insurance program or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage

Comprehensive auto insurance

This coverage will pay to fix 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 insurance covers claims such as theft, damage from flooding, falling objects and hail damage. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Liability coverages

This will cover damages or injuries you inflict on a person or their property in an accident. Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property. Alternatively, you may have a combined limit which combines the three limits into one amount without having the split limit caps.

Liability insurance covers claims such as structural damage, repair costs for stationary objects and funeral expenses. How much liability should you purchase? That is your choice, but buy as large an amount as possible.

Coverage for collisions

This pays for damage to your Mustang resulting from colliding with another car or object. A deductible applies and then insurance will cover the remainder.

Collision can pay for claims such as colliding with another moving vehicle, rolling your car, scraping a guard rail, crashing into a ditch and driving through your garage door. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

Save for a rainy day

As you quote car insurance, never buy less coverage just to save a little money. There have been many cases where someone sacrificed liability limits or collision coverage only to discover later that their decision to reduce coverage ended up costing them more. Your focus should be to buy a smart amount of coverage at the best price and still be able to protect your assets.

Budget-conscious 2013 Ford Mustang insurance is definitely available from both online companies and from local insurance agents, and you should be comparing both to have the best selection. Some auto insurance companies do not provide price quotes online and these regional insurance providers only sell coverage through independent insurance agencies.

For more information, take a look at the following helpful articles:

• When is the Right Time to Switch Car Insurance Companies? (Allstate)
• If I File a Claim will My Insurance Go Up? (Insurance Information Insitute)
• Uninsured Motorist Statistics (Insurance Information Insitute)
• Vehicle Insurance (Wikipedia)