2018 Ford Mustang Car Insurance Quotes

Trying to find cheaper auto insurance rates for your Ford Mustang? If you are new to getting auto insurance quotes online, you can easily be confused insurance agents and companies all claiming to save you money.

Save a ton with these discounts

Auto insurance companies don’t always list every disount available in a way that’s easy to find, so we took the time to find some of the more common and the more hidden discounts you could be receiving when you buy auto insurance online.

  • Driver Training Discounts – Successfully completing a defensive driving class could save 5% or more and easily recoup the cost of the course.
  • ABS Brakes – Cars and trucks with anti-lock braking systems can stop better under adverse conditions and qualify for as much as a 10% discount.
  • Passive Restraints – Vehicles equipped with air bags or motorized seat belts can get savings as much as 30%.
  • Professional Memberships – Participating in a civic or occupational organization could trigger savings on your policy.
  • Senior Discount – Drivers that qualify as senior citizens may receive a discount up to 10% on Mustang coverage.
  • One Accident Forgiven – but some insurance companies allow you one accident before they charge you more for coverage so long as you haven’t had any claims prior to the accident.
  • Seat Belt Discounts – Requiring all passengers to fasten their seat belts can save up to 15% off PIP or medical payments premium.

One last thing about discounts, most credits do not apply to all coverage premiums. Most cut the cost of specific coverages such as liability, collision or medical payments. Despite the appearance that you could get a free insurance policy, insurance companies wouldn’t stay in business.

Larger insurance companies and a summarized list of policyholder discounts are detailed below.

  • Farmers Insurance may offer discounts for bundle discounts, business and professional, early shopping, good student, homeowner, and distant student.
  • State Farm offers discounts including student away at school, defensive driving training, anti-theft, driver’s education, and multiple autos.
  • Liberty Mutual may have discounts that include multi-car, new graduate, newly retired, good student, preferred payment discount, and hybrid vehicle.
  • MetLife has discounts for defensive driver, multi-policy, claim-free, good student, good driver, accident-free
  • Progressive may include discounts for multi-vehicle, online signing, online quote discount, good student, and continuous coverage.

Before buying, ask each company what discounts are available to you. Depending on the company, some discounts might not be offered in your state. For a list of insurers with discount insurance rates, click this link.

Get cheap insurance prices by understanding these factors

Part of the auto insurance buying process is learning a few of the rating criteria that go into determining your premiums. When you understand what influences your rates, this empowers consumers to make smart changes that may result in much lower annual insurance costs.

  • More than one policy can earn a discount – Many auto insurance companies provide discounts to policyholders that have more than one policy. It’s known as a multi-policy discount. This can amount to five, ten or even twenty percent. Even though this discount sounds good, it’s still a good idea to compare other insurance prices to make sure you are getting the best deal.There is a good possibility that you can find better rates by splitting coverages up.
  • Marriage discount – Being married actually saves money on your policy. It means you’re less irresponsible and insurance companies reward insureds because drivers who are married file infrequent claims.
  • Expect high rates for teens – Older insureds are proven to be safer behind the wheel, cause fewer claims and accidents and are safer drivers.Youthful drivers are proven to be inattentive and easily distracted when driving so auto insurance rates are higher.
  • Tickets increase costs – Even a single driving citation can increase rates twenty percent or more. Good drivers pay less for auto insurance compared to drivers with tickets. Drivers who have received severe violations like DUI, reckless driving or excessive speeding may find that they have to to submit a SR-22 form to the state department of motor vehicles in order to legally drive a vehicle.
  • Certain vocations raise prices – Occupational choices like judges, executives and stock brokers tend to pay higher average rates in part from intense work situations and long work hours. On the flip side, jobs such as farmers, historians and performers get better rates on Mustang coverage.

Car insurance can be complex

When it comes to buying the right insurance coverage, there isn’t really a single plan that fits everyone. Everyone’s situation is unique.

Here are some questions about coverages that can aid in determining whether you might need professional guidance.

  • What vehicles should carry emergency assistance coverage?
  • Why am I required to buy high-risk coverage?
  • Does coverage extend to my business vehicle?
  • Is business property covered if stolen from my car?
  • Is my dog or cat covered if injured in an accident?
  • Why does it cost so much to insure a teen driver?
  • Do I have coverage when making deliveries for my home business?

If you can’t answer these questions but you know they apply to you, you may need to chat with an agent. If you want to speak to an agent in your area, fill out this quick form.

Parts of your insurance policy

Understanding the coverages of a insurance policy can help you determine the best coverages and proper limits and deductibles. The terms used in a policy can be difficult to understand and coverage can change by endorsement.

Insurance for medical payments – Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses like ambulance fees, dental work, nursing services, hospital visits and rehabilitation expenses. They are often used to fill the gap from your health insurance plan or if you lack health insurance entirely. Coverage applies to you and your occupants and also covers 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

Liability coverage – This will cover injuries or damage you cause to other people or property that is your fault. This coverage protects you against other people’s claims, and does not provide coverage for your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and $25,000 of coverage for damaged propery.

Liability can pay for things such as attorney fees, medical expenses, repair bills for other people’s vehicles and emergency aid. How much liability coverage do you need? That is up to you, but buy as much as you can afford.

Uninsured Motorist or Underinsured Motorist insurance – This coverage provides protection from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants and damage to your Ford Mustang.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea.

Collision – Collision 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 pays for claims such as sustaining damage from a pot hole, hitting a mailbox and driving through your garage door. This coverage can be expensive, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Comprehensive coverage (or Other than Collision) – This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like rock chips in glass, vandalism and damage from a tornado or hurricane. The highest amount a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Be a money saver!

As you prepare to switch companies, never reduce needed coverages to save money. Too many times, drivers have reduced full coverage and discovered at claim time they didn’t have enough coverage. Your aim should be to get the best coverage possible at an affordable rate and still be able to protect your assets.

People leave their current company for a number of reasons such as being labeled a high risk driver, policy cancellation, high rates after DUI convictions or questionable increases in premium. Regardless of your reason, choosing a new insurance company is not as difficult as it may seem.

Low-cost 2018 Ford Mustang insurance can be sourced both online in addition to many insurance agents, and you need to price shop both to have the best selection. A few companies don’t offer rate quotes online and usually these regional insurance providers provide coverage only through independent agents.

Even more information can be read in the articles below:

Comments About 2018 Ford Mustang Insurance

  1. Tifany Humphrey

    Not sure what I should be paying. Checking in from Rio Rancho, NM. Went online for free insurance quotes for a 2018 Ford Mustang. Ended up at about $300 savings annually. Went with Progressive. Left Travelers to switch.

  2. Caterina Richmond

    I found affordable 2018 Ford Mustang insurance from Allstate in Aurora, CO.

  3. Aliza Mcconnell

    If you’re a decent driver and live near Concord, NH, check out State Farm. They seem to be cheaper. I have a couple other vehicles on the policy.