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Ford Mustang Insurance Rates

Drivers have lots of options when shopping for insurance coverage for your Ford vehicle. You can buy from an agent or shop online to compare insurance costs of insurance providers. Comparing car insurance by comparing rates online is easy, plus you can save money.

Beginners to buying insurance may think purchasing cheap Mustang insurance is going to be difficult. There are several ways to compare rate quotes and find the best price. The best method to find the cheapest Mustang insurance cost involves getting comparison quotes online. This can be done by getting a quick quote here.

Rates are determined by these things

Car insurance premiums for a Ford Mustang can vary widely based upon several criteria. Including but not limited to:

  • The performance level of your Mustang
  • Any accidents you may have
  • Home and auto can earn discounts
  • Use of your vehicle
  • Add-on coverages such as rental reimbursement
  • Your occupation
  • Insurance coverage level
  • Home ownership saves money

An additional factor that can impact Mustang insurance rates is the year of the vehicle. Used vehicles have a lower value than newer models so repair costs tend to be lower which will push premiums down. Although new Ford models may have safety features included like anti-lock brakes, blind-spot warning system, an advanced theft deterrent system, and adaptive headlights which can help offset higher rates.

To get a better understanding how much rates will be for your vehicle, select the year of your Mustang from the list below.

Auto liability insurance - Liability insurance provides protection from damage or injury you incur to other people or property. Liability coverage pays for claims like pain and suffering, repair costs for stationary objects, and legal defense fees. Liability insurance is relatively cheap so you should buy higher limits if possible.

Collision coverage - This coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You will need to pay your deductible and then insurance will cover the remainder. Mustang collision insurance is rather expensive coverage, so consider dropping it from older vehicles. Drivers also have the option to raise the deductible in order to get cheaper Mustang insurance rates.

Comprehensive insurance - Comprehensive insurance covers damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage. The maximum payout your car insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle's value consider removing comprehensive coverage.

Uninsured/Underinsured Motorist coverage - Uninsured or Underinsured Motorist coverage provides protection from other motorists when they either have no liability insurance or not enough. Because many people carry very low liability coverage limits, it doesn't take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea.

Med pay and Personal Injury Protection (PIP) - Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses such as EMT expenses, pain medications, and nursing services. They can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. PIP is not universally available and may carry a deductible.

How Much are Ford Mustang Insurance Rates?