2009 Ford Mustang Car Insurance Quotes – 7 Ways to Save

Looking for cheaper insurance rates for your Ford Mustang? Finding cheaper insurance for a Ford Mustang can normally be an all-consuming task, but you can follow our insurance buying tips to save time.

There is a right way and a wrong way to compare insurance rates and we’ll show you the best way to quote coverages for your Ford and get the best price possible.

You should take the time to shop coverage around periodically because rates fluctuate regularly. If you had the best premium rates for Mustang coverage two years ago there may be better deals available now. Forget anything you know (or think you know) about insurance because we’re going to demonstrate the fastest and easiest way to eliminate unnecessary coverages and save money.

How to shop insurance coverage online

Most companies such as Allstate and Progressive provide prices on their websites. Comparing prices online doesn’t take a lot of time because you just enter on the page. After the form is submitted, the quote system automatically retrieves credit information and your driving record and generates a price based on the data you entered.

Quoting online simplifies rate comparisons, but the time required to go to a lot of sites and type in the same information is a big time waster. But it’s absolutely necessary to get many rate quotes if you want to find better insurance coverage pricing.

Online rates the easy way

The easiest way to find cheaper rates uses one form that gets prices from many companies. It saves time, requires less work, and makes online quotes much easier. Immediately after submitting the form, it is rated with multiple companies and you can pick your choice of the price quotes you receive.

If you find a better price it’s easy to complete the application and purchase the new policy. The whole process can be completed in a matter of minutes and could lower your rates considerably.

To find out what other companies charge, click here and fill out the form. If you have coverage now, it’s recommended you type in identical to your current policy. Doing this assures you’re receiving rate comparison quotes based on the exact same insurance coverage.

The ad said I’d save $385 a year!

Consumers can’t avoid all the ads that claim the cheapest rates from companies such as Allstate and Progressive. All the companies advertise the message that you can save if you get a free car insurance quote and switch to them.

How is it possible that every company can sell you cheaper insurance coverage? This is the way they can do it.

Insurance companies require specific criteria for the right customer they prefer to insure. An example of a profitable customer might be a mature driver, has no prior claims, and the vehicle is rated for pleasure use. Anyone who meets those qualifications receives the best rates and have a good chance to save quite a bit of money when switching.

People who do not meet this ideal profile will see higher rates and the driver buying from a lower-cost company. The trick is to say “drivers who switch” not “everyone that quotes” can save as much as they claim. This is how insurance companies can confidently make claims like that.

This emphasizes why you really should do a rate comparison at every renewal. It’s just not possible to know which insurance company will be your best fit.

You may qualify for discounts

Auto insurance companies do not advertise the entire discount list very well, so the following is a list of some of the best known and the harder-to-find credits that may apply to you.

  • Multiple Policy Discount – If you combine your home and auto policies with the same company you could get a discount of up to 20% and get you inexpensive car insurance.
  • Memberships – Affiliation with qualifying employment or professional organizations could trigger savings when getting a car insurance quote.
  • Employee of Federal Government – Federal government employees may reduce rates when you quote car insurance for Mustang coverage with select insurance companies.
  • Smart Student Discounts – Maintaining excellent grades may save as much as 25% on a car insurance quote. Many companies even apply the discount to college students well after school through age 25.
  • Safety Restraint Discount – Requiring all passengers to buckle up before driving could cut 10% or more off PIP or medical payments premium.
  • Discounts for New Vehicles – Buying a new car model may earn a small discount compared to insuring an older model.
  • Driver Safety – Taking time to complete a defensive driving course could save 5% or more and easily recoup the cost of the course.

A little note about advertised discounts, some credits don’t apply to your bottom line cost. Most only reduce the price of certain insurance coverages like comprehensive or collision. Just because you may think adding up those discounts means a free policy, companies don’t profit that way.

Larger car insurance companies and some of the premium reductions they offer are outlined below.

  • State Farm offers premium reductions for Steer Clear safe driver discount, good student, multiple policy, Drive Safe & Save, multiple autos, good driver, and passive restraint.
  • Farmers Insurance may include discounts for business and professional, good student, alternative fuel, mature driver, and teen driver.
  • Progressive has savings for online quote discount, good student, multi-vehicle, online signing, homeowner, and continuous coverage.
  • GEICO policyholders can earn discounts including driver training, anti-theft, multi-vehicle, emergency military deployment, daytime running lights, and multi-policy.
  • Auto-Owners Insurance includes discounts for teen driver, safe vehicle, air bags, student away at school, paid in full, anti-lock brakes, and paperless.
  • The Hartford offers discounts including good student, driver training, bundle, anti-theft, air bag, and vehicle fuel type.
  • Farm Bureau offers discounts for driver training, youthful driver, safe driver, renewal discount, and 55 and retired.
  • USAA may have discounts that include multi-vehicle, safe driver, driver training, military installation, and multi-policy.

It’s a good idea to ask every insurance company which discounts you qualify for. Some of the earlier mentioned discounts might not apply in your area. To see a list of car insurance companies who offer free car insurance quotes, follow this link.

There’s no such thing as the perfect auto insurance policy

When it comes to choosing coverage for your personal vehicles, there really is no single plan that fits everyone. Each situation is unique.

For example, these questions can help discover whether you would benefit from professional advice.

  • Should I carry comprehensive and collision coverage?
  • Will I be non-renewed for getting a DUI or other conviction?
  • What exactly is covered by my policy?
  • When does my teenage driver need to be added to my policy?
  • Is a blown tire covered by insurance?
  • Should I buy more coverage than the required minimum liability coverage?
  • Where can I get insurance after a DUI in my state?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with a licensed agent. To find lower rates from a local agent, complete this form. It only takes a few minutes and may give you better protection.

Auto insurance coverage basics

Having a good grasp of a auto insurance policy aids in choosing which coverages you need for your vehicles. The terms used in a policy can be confusing and nobody wants to actually read their policy.

Uninsured Motorist or Underinsured Motorist insurance – Uninsured or Underinsured Motorist coverage provides protection when the “other guys” either have no liability insurance or not enough. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked. Usually your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Comprehensive coverage (or Other than Collision) – This covers damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims such as a broken windshield, damage from a tornado or hurricane and damage from getting keyed. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Liability – Liability insurance will cover damage that occurs to other people or property in an accident. 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 50/100/50 that translate to $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery. Another option is one number which is a combined single limit which limits claims to one amount without having the split limit caps.

Liability insurance covers claims like repair costs for stationary objects, court costs, structural damage and attorney fees. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as large an amount as possible.

Collision coverage – This will pay to fix damage to your Mustang from colliding with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as colliding with another moving vehicle, backing into a parked car, scraping a guard rail, hitting a mailbox and hitting a parking meter. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. It’s also possible to bump up the deductible to save money on collision insurance.

Insurance for medical payments – Med pay and PIP coverage provide coverage for expenses such as funeral costs, EMT expenses, doctor visits and ambulance fees. The coverages can be used to fill the gap from your health insurance plan or if you do not have health coverage. Coverage applies to you and your occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay

The bottom line

As you go through the steps to switch your coverage, do not buy poor coverage just to save money. Too many times, an insured cut comprehensive coverage or liability limits and learned later that the few dollars in savings costed them thousands. The goal is to buy a smart amount of coverage at an affordable rate, not the least amount of coverage.

Insureds change insurance companies for a variety of reasons including questionable increases in premium, an unsatisfactory settlement offer, denial of a claim and not issuing a premium refund. No matter why you want to switch, choosing a new insurance company is less work than it seems.

A few companies may not have online quoting and usually these smaller providers only sell coverage through independent insurance agencies. Lower-priced auto insurance can be bought both online in addition to many insurance agents, and you should be comparing both in order to have the best chance of saving money.

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