View 1996 Ford Mustang SVT Cobra Insurance Quotes

Trying to find lower insurance coverage rates? Buyers have a choice when searching for affordable Ford Mustang SVT Cobra insurance. You can either waste hours struggling with agents getting price quotes or use the internet to compare rates.

There are both good and bad ways to compare insurance coverage rates so we’re going to tell you the best way to compare rates on a Ford and find the cheapest rates either online or from local insurance agents.

The purpose of this article is to introduce you to the most effective way to quote insurance and some tips to save money. If you currently have a car insurance policy, you will most likely be able to save some money using this strategy. Drivers only need to know the proper methods to get comparison rates online.

How to Get Cheap Auto Insurance

All the larger auto insurance companies such as Allstate and Progressive give coverage price quotes on their websites. Getting online quotes is fairly straightforward as you just enter your required coverages as detailed in the form. Behind the scenes, the system pulls information on your driving record and credit history and returns pricing information determined by many factors.

This makes comparing rates easy, but the work required to visit several different sites and complete many quote forms is repetitive and time-consuming. But it’s very important to do this if you want to find a lower rate.

The preferred way to lower your rates requires only one form to get prices from more than one company. This type of form saves time, eliminates repetitive work, and makes rate comparisons much simpler. After your information is entered, your coverage is rated with multiple companies and you can pick your choice of the returned quotes.

If a lower price is quoted, you simply finish the application and purchase coverage. The whole process takes less than 15 minutes and may save quite a bit of money.

In order to find out how much you can save on auto insurance, simply click here to open in new window and enter your information. If you have a policy now, it’s recommended you replicate coverages and limits just like they are on your policy. Using the same limits helps guarantee you will have comparison quotes based on similar coverages.

Can you really save that much by switching?

Consumers can’t ignore all the ads for the lowest price auto insurance by Allstate and Progressive. All the companies make an identical promise about savings if you change to their company.

How does each company make almost identical claims? This is how they do it.

Insurance companies are able to cherry pick for the driver that earns them a profit. For instance, a desirable insured could be between the ages of 40 and 55, has no driving citations, and drives less than 7,500 miles a year. A customer getting a price quote who meets those qualifications receives the best rates and therefore will save when switching.

Consumers who do not match the requirements will be quoted a more expensive rate and ends up with the driver buying from a lower-cost company. The ads say “customers that switch” but not “drivers who get quotes” save that much money. That is how insurance companies can confidently state the savings.

This emphasizes why drivers should quote coverage with many companies. It’s just too difficult to predict which car insurance company will give you the biggest savings on Ford Mustang SVT Cobra insurance.

Ford Mustang SVT Cobra rates are in the details

An important part of buying insurance is that you know the different types of things that go into determining the price you pay for car insurance. Having a good understanding of what determines base rates empowers consumers to make smart changes that will entitle you to big savings.

Listed below are some of the items used by your company to calculate prices.

  • Liability coverage is cheap – Liability insurance will protect you if a court rules you are at fault for personal injury or accident damage. It provides legal defense starting from day one. Carrying liability coverage is mandatory and cheap compared to physical damage coverage, so buy as much as you can afford.
  • How many coverages with the same company – Many car insurance companies give discounts to people who buy several policies from them in the form of a multi-policy discount. Even though this discount sounds good, it’s in your best interest to compare other company rates to make sure you are getting the best deal. You may still find a better deal by buying insurance from more than one company.
  • Do you need the policy add-ons? – There are quite a few extra coverages you can purchase on your Mustang SVT Cobra policy. Things like roadside assistance, better glass coverage and term life insurance may be costing you every month. They may seem good when talking to your agent, but if they’re wasting money remove them from your policy.
  • Bad driving skills means higher rates – Drivers who don’t get tickets get better rates than bad drivers. Even one moving violation can bump up the cost twenty percent or more. Drivers who get serious violations like DUI or reckless driving may be required to file a proof of financial responsibility form (SR-22) to the state department of motor vehicles in order to continue driving.
  • Younger drivers pay higher rates – Teenage drivers have a tendency to get distracted easily in a vehicle so car insurance rates are higher. Mature drivers are more responsible, statistically cause fewer accidents and receive fewer citations.
  • Pleasure use or commuting – The higher the mileage driven each year the more you’ll pay to insure your vehicle. Most insurance companies rate vehicles based upon how you use the vehicle. Vehicles left parked in the garage receive lower rates as compared to vehicles used primarily for driving to work. Make sure your car insurance declarations sheet is rated on the correct usage for each vehicle, because improper ratings can cost you money. Incorrect usage on your Mustang SVT Cobra can result in significantly higher rates.
  • Save money with special equipment – Driving a car with anti-theft technology or alarm system can save you a little every year. Theft prevention devices such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all hinder your car from being stolen.
  • Clean credit earns discounts – Having a bad credit score is a huge factor in determining what you pay for car insurance. If your credit rating is lower than you’d like, you could pay less to insure your 1996 Ford Mustang SVT Cobra by improving your rating. People with high credit ratings tend to be more responsible than drivers who have poor credit.

Cut your auto insurance rates with discounts

Car insurance can cost a lot, buy you may qualify for discounts to reduce the price significantly. Most are applied at the time you complete a quote, but a few must be requested specifically before being credited. If you aren’t receiving every discount you qualify for, you are throwing money away.

  • Life Insurance Discount – Select insurance companies reward you with a discount if you purchase life insurance.
  • Service Members Pay Less – Being on active duty in the military may qualify for rate reductions.
  • Passive Restraints and Air Bags – Vehicles with factory air bags can qualify for discounts of 20% or more.
  • Discount for New Cars – Putting insurance coverage on a new car can cost up to 25% less compared to insuring an older model.
  • Driver Safety – Completing a course teaching defensive driving skills could possibly earn you a 5% discount if you qualify.

It’s important to note that most of the big mark downs will not be given to the entire policy premium. A few only apply to the cost of specific coverages such as physical damage coverage or medical payments. Just because you may think you could get a free auto insurance policy, companies don’t profit that way. But all discounts will help reduce your premiums.

For a list of insurers with the best auto insurance discounts, click this link.

You are unique and your car insurance should be too

When choosing the best car insurance coverage, there really is no best way to insure your cars. Coverage needs to be tailored to your specific needs.

For instance, these questions may help highlight if your situation would benefit from professional advice.

  • What happens if I owe more than my 1996 Ford Mustang SVT Cobra is worth?
  • Are all vehicle passengers covered by medical payments coverage?
  • Is there coverage for injuries to my pets?
  • Am I missing any policy discounts?
  • Am I covered if I hit my neighbor’s mailbox?
  • Is rental equipment covered for theft or damage?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • Do I pay less if my vehicle is kept in my garage?
  • When should I drop full coverage on my 1996 Ford Mustang SVT Cobra?
  • Do I need more liability coverage?

If you don’t know the answers to these questions but one or more may apply to you, then you may want to think about talking to an insurance agent. If you don’t have a local agent, take a second and complete this form. It’s fast, free and you can get the answers you need.

Insurance coverage breakdown

Understanding the coverages of your insurance policy aids in choosing the best coverages at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy.

Coverage for uninsured or underinsured drivers – Your UM/UIM coverage protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked. Most of the time your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Coverage for medical expenses – Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses for rehabilitation expenses, X-ray expenses, ambulance fees, EMT expenses and surgery. They are often used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. Coverage applies to you and your occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Collision – Collision insurance pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims like crashing into a ditch, sideswiping another vehicle, colliding with another moving vehicle, driving through your garage door and hitting a parking meter. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. Another option is to bump up the deductible to save money on collision insurance.

Comprehensive insurance – Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things like a tree branch falling on your vehicle, hitting a deer, hitting a bird, vandalism and damage from getting keyed. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Liability insurance – This coverage will cover damage that occurs to other people or property that is your fault. This coverage protects you from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 25/50/25 which means $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery. Occasionally you may see one number which is a combined single limit which provides one coverage limit rather than limiting it on a per person basis.

Liability can pay for things like legal defense fees, loss of income, emergency aid, funeral expenses and medical services. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.

Feed the piggy bank

Insureds change insurance companies for many reasons like extreme rates for teen drivers, unfair underwriting practices, policy cancellation or even delays in responding to claim requests. Regardless of your reason, finding a new auto insurance company is easier than you think.

Cost effective 1996 Ford Mustang SVT Cobra insurance can be purchased from both online companies and with local insurance agents, so you should compare both to have the best chance of lowering rates. Some insurance providers do not offer the ability to get a quote online and usually these smaller companies provide coverage only through local independent agents.

We just covered some good ideas how to save on insurance. The most important thing to understand is the more quotes you get, the higher your chance of finding lower rates. Consumers may even find the most savings is with some of the lesser-known companies.

More tips and info about auto insurance can be found at these sites: