There are many options when attempting to insure your Ford vehicle. You can either contact your neighborhood insurance agent or price shop online to check prices from car insurance companies. Comparing auto insurance from online rate quotes is simple to do and there is a good chance you will probably save money.
Using the web to shop for auto insurance direct can be a challenge if you have never used online quotes. Don't let that stop you because there is an easy way to compare rates. Getting cheaper insurance rates doesn't have to be difficult. The only requirement is to invest a few minutes comparing rates online with multiple companies. This can be done by completing this short form.
Insurance rates for your Ford Shelby GT500 can vary widely subject to many criteria. Some of these factors include:
One last important factor that can impact the rate you pay on your Ford is the year of manufacture. New vehicles have a higher value so the payout to repair can inflate annual premiums. Conversely, more recent Ford vehicles may have options such as forward-collision avoidance, adaptive cruise control, and lane departure warning system which can give discounted rates.
To get a better idea how much rates will be for your vehicle, select the year of your Shelby GT500 below.
Shelby GT500 liability coverage will cover damage that occurs to other's property or people. Liability coverage pays for things like legal defense fees, bail bonds, and repair bills for other people's vehicles. This coverage is usually fairly inexpensive so purchase higher limits if possible.
This coverage will pay to fix damage to your Ford resulting from colliding with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. It's also possible to choose a higher deductible to bring the cost down.
Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage. The maximum payout you'll receive from a claim is the market value of your vehicle, so if the vehicle's value is low it's not worth carrying full coverage.
Your UM/UIM coverage protects you and your vehicle from other drivers when they are uninsured or don't have enough coverage. Because many people have only the minimum liability required by law, it doesn't take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea.
Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses for things like nursing services, prosthetic devices, and dental work. They are utilized in addition to your health insurance policy or if you do not have health coverage. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage.
How Much are Ford Shelby GT500 Insurance Rates?