1999 Ford Mustang Car Insurance Rates

People new to comparison shopping online will discover buying the cheapest insurance coverage is harder than they anticipated.

Auto Insurance Comparisons

All major auto insurance companies such as Geico, State Farm and Progressive allow you to get insurance quotes on their websites. This process is fairly simple as you just type in your personal and coverage information into a form. After the form is submitted, the system requests reports for credit and driving violations and generates a price based on these and other factors.

Online quotes streamlines rate comparisons, but having to visit each company’s website and repetitively enter the same data into a form is not the best way to spend an afternoon. But it’s very important to compare as many rates as possible in order to find the lowest possible prices on auto insurance.

There is an easier way!

A quicker way to lower your rates is to use a quote form that obtains quotes from many companies. It’s a real time-saver, requires much less work on your part, and makes online shopping much easier. As soon as the form is sent, it is quoted and you are able to buy any of the quote results. If a lower price is quoted, you can click and sign and buy the new coverage. The whole process can be completed in a matter of minutes and you will find out if you’re overpaying now.

To fill out one form to compare multiple rates now, click here to open in a new tab and begin entering your coverage information. If you have coverage now, it’s recommended you copy your coverages exactly as they are listed on your policy. This helps ensure you will be getting rate comparison quotes for the exact same coverage.

Do you really save 40% when you switch?

Insurance coverage companies such as Geico, State Farm and Progressive continually stream ads on television and other media. They all seem to have a common claim of big savings after switching to their company. How do they all say the same thing?

Insurance companies have a certain “appetite” for the type of driver that makes them money. A good example of a preferred risk might be profiled as a mature driver, has no driving citations, and has a high credit rating. A customer getting a price quote who meets those qualifications gets the lowest rates and therefore will pay quite a bit less when switching companies.

Potential customers who do not match this ideal profile will be charged more money which usually ends up with the customer not buying. Company advertisements say “customers who switch” not “people who quote” save money. This is how insurance companies can advertise the way they do. That is why you absolutely need to compare many company’s rates. It’s not possible to predict which company will have the lowest Ford Mustang insurance rates.

Ford Mustang insurance rates are influenced by…

Smart consumers have a good feel for some of the elements that help determine the rates you pay for insurance coverage. When you know what positively or negatively influences your rates allows you to make educated decisions that can help you get better insurance coverage rates.

  • Small claims can cost you – Insurance companies give better rates to policyholders who are claim-free. If you file claims often, you can look forward to either policy cancellation or increased premiums. Car insurance is intended to be relied upon for major claims that would cause financial hardship.
  • Protect your assets with liability insurance – Liability coverage is the protection if a court rules you are at fault for damages from an accident. It provides legal defense up to the limits shown on your policy. Carrying liability coverage is mandatory and cheap when compared with rates for comp and collision, so do not skimp.
  • Increase deductibles and save – Physical damage deductibles define the amount you are willing to pay out-of-pocket before a claim is paid by your company. Insurance for physical damage to your car, also known as collision and other-than-collision, protects your car from damage. A few examples of covered claims would be running into the backend of another car, damage from fire, or theft. The more expense you have to pay, the lower your rates will be on Mustang coverage.
  • Allowing your policy to lapse raises rates – Driving with no insurance is against the law and as a result your rates will increase for letting your insurance lapse. Not only will rates go up, failure to provide proof of insurance may earn you a hefty fine and possibly a revoked license.
  • Your stress level may be raising your rates – Occupations like real estate brokers, social workers and financial analysts tend to pay higher average rates because of stressful work requirements and long work hours. Conversely, occupations such as scientists, engineers and retirees have the lowest average rates on Mustang coverage.
  • How credit affects insurance coverage rates – Having a bad credit history is a large factor in determining your rates. If your credit is not that good, you could pay less to insure your 1999 Ford Mustang by improving your rating. Drivers with excellent credit tend to file fewer claims and have better driving records than drivers with lower credit scores.
  • Lower rates with optional equipment – Owning a car with a theft deterrent system can get you a discount on your insurance coverage. Theft prevention features such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can help prevent auto theft.
  • Do you qualify for a multi-policy discount? – Many insurers give discounts to insureds who consolidate policies with them in the form of a multi-policy discount. Even with this discount, it’s still a good idea to shop around to verify if the discount is saving money.

Discounts mean cheaper 1999 Ford Mustang insurance rates

Companies that sell car insurance don’t always publicize all available discounts in a way that’s easy to find, so we break down some of the more common and the more hidden car insurance savings.

  • Payment Discounts – If paying your policy premium upfront instead of paying each month you may reduce your total bill.
  • Safe Driver Discount – Drivers who avoid accidents can get discounts for up to 45% lower rates on Mustang coverage than less cautious drivers.
  • No Claims – Good drivers with no accidents pay much less when compared with drivers who are more careless.
  • Air Bag Discount – Factory air bags can get savings up to 30%.
  • Theft Prevention Discount – Vehicles with anti-theft systems prevent vehicle theft and will save you 10% or more.
  • More Vehicles More Savings – Having multiple cars or trucks with the same company may reduce the rate for each vehicle.
  • Low Mileage Discounts – Keeping the miles down on your Ford could be rewarded with lower rates on the low mileage vehicles.

It’s important to understand that many deductions do not apply to all coverage premiums. Most only apply to the price of certain insurance coverages like liability, collision or medical payments. So even though they make it sound like you can get free auto insurance, companies don’t profit that way.

To see a list of companies offering car insurance discounts, follow this link.

Tailor your coverage to you

When it comes to choosing the right insurance coverage, there is no “perfect” insurance plan. Each situation is unique.

For instance, these questions can help discover if you will benefit from professional help.

  • What can I do if my company won’t pay a claim?
  • Is my Ford Mustang covered if I use it for business?
  • What are the best liability limits?
  • Which is better, split liability limits or combined limits?
  • How do I file an SR-22 for a DUI in my state?
  • Can I still get insurance after a DUI?
  • Does my medical payments coverage pay my health insurance deductible?

If it’s difficult to answer those questions but you know they apply to you, you may need to chat with an insurance agent. If you want to speak to an agent in your area, fill out this quick form.

Insurance coverage breakdown

Knowing the specifics of your policy can help you determine the right coverages at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy.

Uninsured and underinsured coverage – This coverage protects you and your vehicle when the “other guys” either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your 1999 Ford Mustang.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family.

Coverage for medical payments – Medical payments and Personal Injury Protection insurance reimburse you for expenses such as funeral costs, nursing services, dental work and pain medications. They are used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. It covers both the driver and occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Comprehensive coverages – Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive insurance covers things such as fire damage, hitting a deer, a broken windshield and a tree branch falling on your vehicle. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Collision coverage – This pays for damage to your Mustang caused by collision with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage pays for claims such as crashing into a building, crashing into a ditch and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. Another option is to bump up the deductible to bring the cost down.

Liability – This coverage can cover injuries or damage you cause to other’s property or people that is your fault. It protects you from claims by other people, and doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see values 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.

Liability can pay for claims such as loss of income, medical expenses, attorney fees, bail bonds and funeral expenses. The amount of liability coverage you purchase is a decision to put some thought into, but buy as high a limit as you can afford.

In Summary

Drivers leave their current company for a variety of reasons including being labeled a high risk driver, policy cancellation, high prices and lack of trust in their agent. It doesn’t matter why you want to switch switching insurance companies can be less work than you think.

We just covered a lot of techniques to lower your 1999 Ford Mustang insurance rates. The most important thing to understand is the more rate quotes you have, the better your chances of lowering your rates. You may even discover the biggest savings come from some of the smallest insurance companies.

Cheap insurance can be sourced both online in addition to many insurance agents, and you should compare price quotes from both to have the best selection. Some insurance companies do not provide the ability to get a quote online and most of the time these regional insurance providers sell through independent agents.

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