2016 Ford Mustang Insurance Quotes

Looking for the cheapest insurance coverage rates for your Ford Mustang? Finding the cheapest insurance for a new or used Ford Mustang could be a painful process, but you can use a few tricks to save time.

There is a better way to find insurance coverage online and we’ll show you the proper way to price shop coverage for a new or used Ford and locate the cheapest rates from local insurance agents and online providers.

It’s smart to quote other rates as often as possible due to the fact that insurance prices are constantly changing. If you had the best rate for Mustang coverage two years ago a different company probably has better premium rates today. Forget all the misinformation about insurance coverage because we’re going to show you the best methods to save money, get proper coverage and the best rates.

Pricing the cheapest coverage is quite easy. If you have insurance now or need a new policy, you can use these tips to get lower rates and possibly find even better coverage. Consumers only need an understanding of the most efficient way to compare prices online.

Earn discounts to get lower-cost car insurance quotes

Auto insurance companies don’t necessarily list all disounts very well, so here is a list some of the more common and the more hidden discounts that may be available.

  • Safe Drivers – Drivers who avoid accidents may receive a discount up to 45% for Mustang coverage than less cautious drivers.
  • Distant Student – Children who are enrolled in higher education away from home and won’t have access to an insured vehicle may be insured at a cheaper rate.
  • Early Renewal Discounts – A few companies give discounts for buying a new policy before your current policy expires. It could save around 10% when you buy insurance online.
  • Online Discount – Many car insurance companies give back up to $50 just for signing your application online.
  • Savings for New Vehicles – Adding a new car to your policy may earn a small discount because new model year vehicles have to meet stringent safety requirements.
  • Good Student – Excelling in school could provide a savings of up to 20% or more. The good student discount can last well after school through age 25.

You can save money using discounts, but most discounts do not apply to the entire policy premium. Most only cut the cost of specific coverages such as liability and collision coverage. Even though it may seem like all the discounts add up to a free policy, that’s just not realistic.

Larger car insurance companies and their offered discounts are detailed below.

  • Farm Bureau policyholders can earn discounts including multi-policy, good student, 55 and retired, renewal discount, driver training, and youthful driver.
  • MetLife may have discounts that include accident-free, good driver, claim-free, good student, and defensive driver.
  • Progressive may offer discounts for multi-vehicle, online signing, continuous coverage, good student, and multi-policy.
  • AAA offers premium reductions for education and occupation, anti-theft, multi-car, good driver, pay-in-full, and AAA membership discount.
  • American Family discounts include early bird, accident-free, multi-vehicle, defensive driver, bundled insurance, and Steer into Savings.
  • GEICO may include discounts for emergency military deployment, membership and employees, air bags, federal employee, and multi-policy.
  • State Farm has discounts for student away at school, Drive Safe & Save, safe vehicle, accident-free, defensive driving training, driver’s education, and passive restraint.

Double check with each company what discounts are available to you. Depending on the company, some discounts might not be available to policyholders in your area. If you would like to view insurance companies with significant discounts, click here to view.

Tailor your auto insurance coverage to you

When choosing coverage for your vehicles, there really is no best way to insure your cars. Everyone’s situation is unique.

These are some specific questions can help discover if your situation might need an agent’s assistance.

  • Does my medical payments coverage pay my health insurance deductible?
  • Do I need PIP coverage since I have good health insurance?
  • Can my teen driver be rated on a liability-only vehicle?
  • Are my friends covered when driving my car?
  • Is my dog or cat covered if injured in an accident?
  • Are there companies who specialize in insuring high-risk drivers?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • What are the financial responsibility laws in my state?

If you can’t answer these questions but one or more may apply to you, then you may want to think about talking to an agent. If you don’t have a local agent, simply complete this short form. It’s fast, doesn’t cost anything and you can get the answers you need.

Specifics of your insurance policy

Knowing the specifics of a insurance policy aids in choosing appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be confusing and reading a policy is terribly boring.

Medical payments and PIP coverage – Med pay and PIP coverage provide coverage for expenses for X-ray expenses, hospital visits and dental work. They are often used to cover expenses not covered by your health insurance plan or if you do not have health coverage. It covers all vehicle occupants in addition to if you are hit as a while walking down the street. PIP is only offered in select states and gives slightly broader coverage than med pay

Auto liability – Liability insurance protects you from damage that occurs to other’s property or people that is your fault. This insurance protects YOU from claims by other people. It does not cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery. Alternatively, you may have one limit called combined single limit (CSL) that pays claims from the same limit without having the split limit caps.

Liability coverage pays for things like funeral expenses, medical expenses, repair bills for other people’s vehicles, emergency aid and loss of income. How much liability coverage do you need? That is a personal decision, but buy as large an amount as possible.

UM/UIM (Uninsured/Underinsured Motorist) coverage – This coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.

Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Most of the time the UM/UIM limits do not exceed the liability coverage limits.

Collision coverages – Collision insurance will pay to fix damage to your Mustang from colliding with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.

Collision insurance covers things such as sustaining damage from a pot hole, rolling your car, sideswiping another vehicle and scraping a guard rail. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. Drivers also have the option to raise the deductible to save money on collision insurance.

Comprehensive auto coverage – This coverage pays for damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against things such as a tree branch falling on your vehicle, theft, a broken windshield and damage from a tornado or hurricane. The most you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Coverage on a shoestring budget

People switch companies for a number of reasons such as high rates after DUI convictions, denial of a claim, policy non-renewal and even policy cancellation. Regardless of your reason for switching companies, switching companies is not as hard as you think.

You just read quite a bit of information on how to get a better price on 2016 Ford Mustang insurance. It’s most important to understand that the more companies you get premium rates for, the better likelihood of getting inexpensive insurance. Drivers may discover the most savings is with the least-expected company.

When buying insurance coverage, make sure you don’t reduce needed coverages to save money. In many cases, drivers have reduced liability coverage limits and found out when filing a claim that the small savings ended up costing them much more. Your objective should be to buy a smart amount of coverage at the lowest possible cost, but do not sacrifice coverage to save money.

More learning opportunities

Comments About 2016 Ford Mustang Insurance

  1. Emelina Tanner

    All insurance companies are crooks.

  2. Ophelia Salas

    Nice info. From northwest of Seattle, WA. Compared rates from a lot of places. Saved roughly $30 a month. GEICO was the best choice for me.

  3. Loan English

    Hope my rates come down. Live in Newark, DE. I quoted with Auto-Owners, Nationwide, and a few others for my Ford and saved just over $110 a year. I’m a pretty good driver though. Are quotes cheaper online?

  4. Barry Vargas

    I think I’m paying too much. I’m from Mesa, AZ. Received quotes with USAA, Amica, GMAC, and Mercury for my Ford and I’m now saving $56 a month. It never hurts to quote around.

  5. Mariana Becker

    Allstate is cheapest in Pennsylvania! :)

  6. Genesis Vance

    Here’s my quote info. I live in Philadelphia, PA. I got free rates from Auto-Owners, Safeco, and a few others for my Mustang and saved $493 a year. Left Safeco to switch.

  7. Carol Leblanc

    I compared a lot of rate quotes for a 2016 Ford Mustang in Birmingham, AL. Ended up at right around $230 every six months with AAA. Left MetLife to switch. Have a couple speeding tickets too.

  8. Bart Chavez

    Anyone know of any company in Albuquerque, NM that will insure high risk drivers?

  9. Constance Harrison

    I got a good deal I think. Went with Sentry for my Mustang and cut my rates about $280 a year. Was with AIG Insurance. I get multi-vehicle and multi-policy discounts. You can get a rate quote online.

  10. Lanelle Ray

    If you have a good history and are close to Boston, MA, check out State Farm. I saved quite a bit. I have kids on my policy, too.

  11. My Spears

    Looking for cheaper 2016 Ford Mustang insurance in Lewiston, Maine. Help!

  12. Eric Ayala

    Does 21st Century offer multi-policy discounts?

  13. Kieth Booth

    Cheapest quote for my 2016 Ford Mustang was with Eastwood. I increased coverages a little too.

  14. Lucile Larsen

    I compared a lot of rate quotes for a 2016 Ford Mustang in Knoxville, Tennessee. Ended up at about $350 every six months with AAA. Left Amica to switch. Have a couple speeding tickets too. Bought it from an online quote.

  15. Tona Snow

    Any Progressive or Eastwood customers near Springfield, MO?

  16. Jennette Hernandez

    I compared a lot of rate quotes for a 2016 Ford Mustang in Biloxi, MS. Ended up at darn near $250 every six months with AAA. They have a lot of discounts available. :)