How Much Does 2013 Ford Shelby GT500 Car Insurance Cost?

Locating low-cost insurance for a Ford Shelby GT500 can turn out to be a painful process, but you can use a few tricks and make it easy.

There is a better way to find insurance coverage online so you’re going to learn the absolute fastest way to compare rates for a new or used Ford and obtain the lowest possible price from local insurance agents and online providers.

You should make it a habit to compare prices quite often because insurance rates are usually higher with each renewal. Despite the fact that you may have had the lowest rates for Shelby GT500 insurance six months ago other companies may now be cheaper. Don’t believe everything you read about insurance coverage on the internet, so by reading this article, you’re going to learn some proven techniques to buy insurance coverage cheaper.

The quickest method to get rate comparisons is to take advantage of the fact most insurance companies have advanced systems to compare rate quotes. The only thing you need to do is provide a little information like how much coverage you want, daily mileage, what you do for a living, and if it has an alarm system. Those rating factors gets transmitted to insurance carriers in your area and you get price estimates instantly.

To compare multiple company rates now, click here and complete the form.

Is there deception in advertising?

Consumers get pounded daily by advertisements for cheaper car insurance by Progressive, Allstate and Geico. All the ads say the same thing of big savings if you move to their company.

How can each company make the same claim?

All the different companies can use profiling for the type of driver that makes them money. An example of a desirable insured might be profiled as between the ages of 30 and 50, has no driving citations, and has great credit. Any new insured that hits that “sweet spot” gets the lowest rates and is almost guaranteed to save a lot of money.

Potential insureds who do not match the “perfect” profile must pay higher rates and ends up with the customer not buying. The ads say “people who switch” not “people who quote” save that much. That’s why companies can advertise the way they do.

This illustrates why it is so important to quote coverage with many companies. It’s just too difficult to predict which insurance companies will fit your personal profile best.

Cut your auto insurance rates with discounts

Car insurance can cost a lot, but you can get discounts to help offset the cost. A few discounts will automatically apply at the time you complete a quote, but some may not be applied and must be inquired about before you get the savings. If you aren’t receiving every discount possible, you’re paying more than you need to.

  • One Accident Forgiven – A few companies will allow you to have one accident before your rates go up if your claims history is clear for a set time period.
  • New Vehicle Savings – Buying coverage on a new vehicle can be considerably cheaper because new vehicles have to meet stringent safety requirements.
  • Passive Restraints – Vehicles with factory air bags and/or automatic seat belt systems can get savings of up to 25% or more.
  • Good Students Pay Less – A discount for being a good student can get you a discount of up to 25%. The good student discount can last well after school through age 25.
  • Pay Now and Pay Less – If you pay your entire premium ahead of time instead of making monthly payments you could save 5% or more.
  • Claim Free – Drivers who don’t have accidents can earn big discounts when compared with accident-prone drivers.
  • Theft Prevention Discount – Vehicles equipped with anti-theft or alarm systems help deter theft and earn discounts up to 10%.
  • Driver’s Ed – Have your child take driver’s ed class in high school.
  • Lower Rates for Military – Being deployed with a military unit may qualify for rate reductions.
  • Discount for Swiching Early – A few companies offer discounts for signing up prior to your current policy expiration. The savings is around 10%.

As a disclaimer on discounts, most discount credits are not given to the entire policy premium. Most only apply to individual premiums such as comp or med pay. So even though it sounds like you could get a free auto insurance policy, it just doesn’t work that way. But any discount will help reduce your overall premium however.

For a list of companies with discount auto insurance rates, click here.

You are unique and your insurance should be too

When choosing the best insurance coverage, there is no “best” method to buy coverage. Every situation is different.

For instance, these questions can help discover whether you might need professional guidance.

  • Which is better, split liability limits or combined limits?
  • At what point should I drop full coverage?
  • Is a fancy paint job covered?
  • Am I covered when driving someone else’s vehicle?
  • Am I covered when driving a rental car?
  • Why does it cost so much to insure a teen driver?

If it’s difficult to answer those questions then you might want to talk to a licensed agent. To find an agent in your area, simply complete this short form. It only takes a few minutes and you can get the answers you need.

Specific coverage details

Knowing the specifics of insurance can help you determine appropriate coverage for your vehicles. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance reimburse you for bills like EMT expenses, surgery and nursing services. They can be used to fill the gap from your health insurance program or if you are not covered by health insurance. They cover you and your occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is only offered in select states and may carry a deductible

Uninsured and underinsured coverage

Your UM/UIM coverage provides protection from other motorists when they are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your Ford Shelby GT500.

Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family. Most of the time these limits are similar to your liability insurance amounts.

Liability

This will cover damage or injury you incur to other’s property or people in an accident. It protects YOU against claims from other people. It does not cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see liability limits of 50/100/50 which stand for $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property. Some companies may use one number which is a combined single limit that pays claims from the same limit with no separate limits for injury or property damage.

Liability insurance covers claims like repair costs for stationary objects, structural damage, funeral expenses, court costs and medical expenses. How much liability coverage do you need? That is a personal decision, but consider buying as much as you can afford.

Comprehensive coverages

Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like rock chips in glass, a broken windshield, damage from getting keyed, vandalism and damage from a tornado or hurricane. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Coverage for collisions

Collision coverage will pay to fix damage to your Shelby GT500 resulting from a collision with another vehicle or an object, but not an animal. 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 scraping a guard rail, crashing into a building and colliding with a tree. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. Another option is to choose a higher deductible to bring the cost down.

Never pay more for less

As you go through the steps to switch your coverage, make sure you don’t sacrifice coverage to reduce premiums. There are a lot of situations where drivers have reduced liability coverage limits and learned later they didn’t purchase enough coverage. The ultimate goal is to find the BEST coverage at an affordable rate while still protecting your assets.

Throughout this article, we presented a lot of information how to compare 2013 Ford Shelby GT500 insurance prices online. It’s most important to understand that the more providers you compare, the better your chances of lowering your rates. You may even discover the lowest premiums are with some of the smallest insurance companies.

Affordable insurance is definitely available on the web in addition to many insurance agents, so you should be comparing quotes from both to have the best chance of lowering rates. Some companies do not provide online price quotes and these small, regional companies work with independent agents.

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