Save on 2012 Ford Mustang Insurance Quotes

Searching for the cheapest auto insurance rates for your Ford Mustang? Finding lower premiums on auto insurance is always hard for consumers new to comparing rates online. People have so many choices that it can quickly become a ton of work to find the best price.

Finding the best rates is quite easy. Essentially everyone who shops for insurance should be able to lower their premiums. But consumers need to have an understanding of how companies sell online and use this information to your advantage.

Discounts are basically free money

Companies offering auto insurance don’t list all available discounts very well, so we researched some of the best known and also the lesser-known discounts you could be receiving.

  • Senior Citizens – Older drivers can possibly qualify for better insurance rates for Mustang insurance.
  • Sign Online – Certain companies will discount your bill up to fifty bucks just for signing your application on their website.
  • No Accidents – Good drivers with no accidents pay much less when compared to frequent claim filers.
  • Federal Government Employee – Active or retired federal employment can earn a discount up to 10% for Mustang insurance depending on your company.
  • Anti-lock Brakes – Vehicles equipped with ABS or steering control can reduce accidents and qualify for as much as a 10% discount.
  • Safe Drivers – Drivers who avoid accidents may save up to 50% more for Mustang insurance than drivers with accident claims.
  • Drivers Education – Cut your cost by having your teen driver enroll in driver’s education in high school.

As a disclaimer on discounts, most discount credits are not given to the overall cost of the policy. The majority will only reduce individual premiums such as comp or med pay. Just because it seems like it’s possible to get free car insurance, you’re out of luck.

A partial list of companies that may offer these discounts are:

Double check with all companies you are considering which discounts they offer. All car insurance discounts may not apply in your state.

Compare Quotes for Auto Insurance

Performing a rate comparison can take time and effort if you don’t know the most efficient way to do it. You can spend countless hours talking to insurance companies in your area, or you could use online quotes to get rate comparisons in just a few minutes.

The majority of car insurance companies participate in an industry program where insurance shoppers submit one quote, and at least one company can provide price quotes determined by their information. This system prevents you from having to do quotation requests to each company.

To find out how much you’re overpaying now click here to start a free quote.

The one disadvantage to getting quotes like this is that you can’t choose which companies you will receive quotes from. So if you want to choose from a list of companies to compare rates, we have assembled a list of the cheapest auto insurance companies in your area. View list of insurance companies.

However you get your quotes, make sure you use identical coverages and limits on every quote you get. If your comparisons have higher or lower deductibles it’s impossible to make a fair comparison for your Ford Mustang. Just a small difference in coverage limits could mean much higher rates. Just remember that comparing more company’s prices will increase your chances of finding a better price.

Ford Mustang rates are complex

An important part of buying insurance is that you know the different types of things that play a part in calculating your insurance coverage rates. Knowing what determines base rates helps enable you to make changes that can help you get big savings.

  • Extra coverages can waste money – There are many additional coverages that you can get tricked into buying on your 2012 Mustang policy. Coverages for vanishing deductibles, accidental death and motor club memberships are some examples. These may sound like a good investment initially, but if you don’t need them eliminate them to save money.
  • High numbers of claims are not good – If you file claims often, you can definitely plan on higher rates. Companies give lower rates to drivers who file claims infrequently. Insurance coverage is meant to be used in the event of major claims that would cause financial hardship.
  • Rural vs Urban Areas – Residing in less populated areas is a positive aspect when insuring your vehicles. Urban drivers regularly have more traffic problems and a longer drive to work. Fewer drivers translates into fewer accidents.
  • Bundling policies can get discounts – Some insurance coverage companies give discounts to people who consolidate policies with them in the form of a multi-policy discount. If you currently are using one company, you still need to shop around to make sure you are getting the best deal. Drivers may still find better rates by buying insurance coverage from a different company.
  • Pay less if you’re married – Having a wife or husband actually saves money when buying insurance coverage. Marriage translates into being more mature and responsible and it’s proven that married drivers get in fewer accidents.

Which insurance is the “right” coverage?

When buying adequate coverage for your vehicles, there isn’t really a best way to insure your cars. Each situation is unique.

These are some specific questions could help you determine whether or not you might need professional guidance.

  • Do I have coverage for damage caused while driving under the influence?
  • Am I covered when driving on a suspended license?
  • Is my nanny covered when driving my vehicle?
  • Should I waive the damage coverage when renting a car?
  • Can I afford to buy a different vehicle if my 2012 Ford Mustang is totaled?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Am I covered if I break a side mirror?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Is a fancy paint job covered?
  • Do I need PIP (personal injury protection) coverage in my state?

If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. To find an agent in your area, take a second and complete this form.

Beware of misleading car insurance ads

Companies like Geico, State Farm and Progressive continually stream ads on TV and radio. All the ads make an identical promise that you’ll save big after switching to them. How can each company say the same thing?

Insurance companies have a certain “appetite” for the driver they prefer to insure. A good example of a driver they prefer could be over the age of 50, has no tickets, and drives less than 10,000 miles a year. A customer that hits that “sweet spot” receives the best rates and therefore will save a lot of money.

Potential customers who don’t qualify for these standards will be charged more money and ends up with business going elsewhere. The ads state “people who switch” not “people who quote” save that kind of money. This is how insurance companies can confidently advertise the way they do. That is why drivers should get a wide range of price quotes. It is impossible to predict the company that will fit your personal profile best.

Coverages available on your policy

Knowing the specifics of your policy can be of help when determining appropriate coverage and proper limits and deductibles. Policy terminology can be difficult to understand and nobody wants to actually read their policy.

Protection from uninsured/underinsured drivers – This coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries and damage to your Ford Mustang.

Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family.

Coverage for liability – Liability insurance can cover damages or injuries you inflict on a person or their property by causing an accident. It protects you against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 50/100/50 which means a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000.

Liability coverage pays for things such as attorney fees, loss of income, legal defense fees and medical services. The amount of liability coverage you purchase is up to you, but consider buying as large an amount as possible.

Comprehensive (Other than Collision) – Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims such as vandalism, hail damage, falling objects, damage from flooding and a broken windshield. The most your auto insurance company will pay is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Collision coverages – This covers damage to your Mustang resulting from a collision with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims like sustaining damage from a pot hole, damaging your car on a curb, rolling your car and crashing into a building. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to raise the deductible to get cheaper collision coverage.

Medical expense insurance – Med pay and PIP coverage provide coverage for short-term medical expenses for things like EMT expenses, chiropractic care and rehabilitation expenses. The coverages can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants as well as if you are hit as a while walking down the street. PIP is not available in all states but can be used in place of medical payments coverage

Better coverage you can count on

When shopping online for insurance coverage, it’s very important that you do not sacrifice coverage to reduce premiums. There have been many cases where someone sacrificed liability coverage limits only to find out they didn’t have enough coverage. The proper strategy is to purchase a proper amount of coverage at a price you can afford.

Cost effective 2012 Ford Mustang insurance is available from both online companies as well as from independent agents, so compare prices from both to have the best selection. Some insurance providers don’t offer online quoting and most of the time these small insurance companies sell through independent agents.

We just showed you many ideas to shop for insurance online. The most important thing to understand is the more price quotes you have, the more likely it is that you will get a better rate. You may even find the best price on insurance coverage is with a small local company.

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