Searching for cheaper insurance for a new or used Ford Shelby GT350 can be a painful process, but you can follow a few tricks to find lower rates. There is a right way and a wrong way to find car insurance online so we’re going to tell you the quickest way to quote coverages for a new or used Ford and locate the cheapest rates.
It’s a good habit to check car insurance prices at least once a year because car insurance prices are constantly changing. Even if you think you had the best deal for Shelby GT350 insurance a couple years back there is a good chance you can find better premium rates now. There are lots of tips to save on car insurance online, but in a few minutes you can learn the best ways to lower your car insurance premiums.
If you have a policy now or are just looking to switch companies, you can use this information to get lower rates while maximizing coverage. Buying affordable insurance is easy if you know what you’re doing. Drivers just need to know how to compare price quotes online.
Performing a rate comparison can take hours if you don’t utilize the most efficient way. You can spend your afternoon talking to insurance companies in your area, or you can utilize online quoting to get rate comparisons in just a few minutes.
Most major companies enroll in a system where prospective buyers only type in their quote data once, and at least one company can give them a price based on that information. This system prevents you from having to do quote forms for every insurance company. To submit your quote information now, click here (opens in new window).
The only drawback to doing it this way is you can’t choose the insurers to get quotes from. If you prefer to choose specific providers to receive pricing from, we have a page of companies who write insurance in your area. Click here for list of insurance companies.
Whichever way you choose to compare rates, double check that you are using the same information for every quote you compare. If you are comparing different data it’s impossible to find the best deal for your Ford Shelby GT350.
Some providers do not list all possible discounts very clearly, so the following is a list of a few of the more common as well as some of the hidden credits available to you.
Consumers should know that many deductions do not apply to your bottom line cost. The majority will only reduce the price of certain insurance coverages like medical payments or collision. So even though it sounds like you could get a free insurance policy, it just doesn’t work that way.
Larger insurance companies and some of their more popular discounts are outlined below.
If you are trying to find the cheapest insurance coverage quotes, ask all companies you are considering to apply every possible discount. Some of the earlier mentioned discounts might not be available to policyholders in your area. To find insurance companies who offer online insurance quotes, click here.
When it comes to buying coverage for your vehicles, there is no cookie cutter policy. Each situation is unique.
These are some specific questions can aid in determining if your insurance needs would benefit from an agent’s advice.
If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, fill out this quick form. It’s fast, doesn’t cost anything and can provide invaluable advice.
The best way to find cheaper auto insurance is to take a look at some of the things that go into determining your premiums. When you understand what controls the rates you pay, this allows you to make good choices that can earn you much lower annual insurance costs.
Consumers get pounded daily by advertisements that promise big savings from companies such as Allstate and Progressive. All the ads tend to make the same promise that drivers will save a bundle just by moving to them.
How is it plausible that every one can make the same claim? This is the way they can do it.
Companies have a preferred profile for the type of customer that will generate a profit. For example, this type of insured could possibly be between 30 and 50, carries full coverage, and drives a vehicle with a low ISO rating. A propective insured who matches that profile will probably get cheap premium rates and is almost guaranteed to save some money.
Potential insureds who don’t qualify for this stringent profile may be required to pay a higher premium and this can result in the driver buying from a lower-cost company. The ads say “customers who switch” but not “all drivers who get quotes” save that much money. That’s the way companies can truthfully make those claims. Because of this risk profiling, you really need to get insurance coverage quotes as often as possible. It is impossible to guess the company that will have the lowest car insurance rates for your situation.
Having a good grasp of your policy aids in choosing appropriate coverage for your vehicles. Policy terminology can be ambiguous and reading a policy is terribly boring.
Liability – This provides protection from damage or injury you incur to people or other property. This coverage protects you against other people’s claims. It does not cover damage sustained by your vehicle 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 policy limits of 50/100/50 which stand for $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property.
Liability insurance covers claims like structural damage, legal defense fees and medical expenses. How much coverage you buy is your choice, but consider buying as large an amount as possible.
Uninsured or underinsured coverage – Your UM/UIM coverage protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. Covered claims include injuries to you and your family and also any damage incurred to your Ford Shelby GT350.
Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked.
Comprehensive protection – Comprehensive insurance pays for damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.
Comprehensive coverage protects against claims like theft, damage from getting keyed, a broken windshield, hitting a bird and rock chips in glass. The highest amount a insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.
Medical expense coverage – Coverage for medical payments and/or PIP provide coverage for expenses for EMT expenses, doctor visits and pain medications. They are utilized in addition to your health insurance program or if you do not have health coverage. They cover you and your occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage
Collision coverage – This coverage pays to fix your vehicle from damage caused by collision with another car or object. A deductible applies and then insurance will cover the remainder.
Collision coverage protects against claims like hitting a parking meter, crashing into a ditch, sustaining damage from a pot hole, colliding with another moving vehicle and hitting a mailbox. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. It’s also possible to bump up the deductible to save money on collision insurance.
There are still a few companies who may not have the ability to get quotes online and these small insurance companies prefer to sell through independent agents. Cheaper 2016 Ford Shelby GT350 insurance can be found on the web and from local agencies, and you need to comparison shop both in order to have the best chance of saving money.
In this article, we presented quite a bit of information on how to lower your 2016 Ford Shelby GT350 insurance car insurance rates. It’s most important to understand that the more you quote insurance coverage, the higher the chance of saving money. Drivers may discover the biggest savings come from an unexpected company.
When shopping online for auto insurance, it’s a bad idea to sacrifice coverage to reduce premiums. There are a lot of situations where an insured dropped uninsured motorist or liability limits only to find out that a couple dollars of savings turned into a financial nightmare. Your strategy should be to find the BEST coverage at the best possible price, not the least amount of coverage.
Got a quote with GMAC for my 2016 Ford Shelby GT350 and am saving around $380 a year. Thankfully I’m not a high risk driver. Wish I didn’t have to insure at all.
Are Progressive rates cheap in Arkansas?
I went with State Farm at renewal. Best rates in Des Moines, Iowa.
If you’re a decent driver and live near West Valley City, UT, check out Allstate. They seem to be cheaper.
Cheaper not always better. I’m in the south part of Houston, Texas. Compared quite a few companies. Saved right around $50 a month. Allstate was the most affordable for me. I’m a pretty low risk driver.
Good detail in your article. I’m in Des Moines, IA. I quoted with Travelers, Auto-Owners, Hanover, and Nationwide for my Shelby GT350 and I’m now saving $23 a month. Good savings if you bundle. I got a quote from their website.
I’m just west of Spokane, WA. I got free prices from Progressive, AIG Insurance, and Encompass for my 2016 Ford Shelby GT350 and I think I am saving around $30 each month. Was with Nationwide.
I’m in Tacoma, WA, and 21st Century rates were affordable. Was with State Farm. I have several vehicles insured with them.
Here’s my info. I’m in the west part of Norfolk, Virginia. Quoted with American Family, Sentry, and Travelers for my Ford and saved $281 a year. Have an at-fault accident tho. Still almost need a second mortgage.
If you’re a decent driver and live in the vicinity of Albuquerque, NM, check out 21st Century. They seem to be cheaper. I get a discount for insuring multiple vehicles.