2008 Ford Mustang Insurance Rates – 5 Ideas for Best Quotes

Are you sick and tired of being strong-armed to insure your Ford every month? You’re in the same situation as the majority of other car owners. Popular companies such as Allstate, Liberty Mutual and State Farm promote their brand names with ads and it is challenging if not impossible to see past the corporate glitz and find the best price available.

If you have a policy now or need a new policy, you will benefit by learning to shop for the lowest rates and still get good coverage. Buying car insurance is not rocket science. Drivers just need to know the best way to shop for insurance coverage online.

Discounts are basically free money

Companies offering auto insurance don’t always advertise all their discounts very clearly, so here is a list both well-publicized and also the lesser-known ways to save on insurance coverage. If you’re not getting every credit you deserve, you are paying more than you should be.

  • Anti-theft System – Anti-theft and alarm systems can help prevent theft and therefore earn up to a 10% discount.
  • Good Student Discount – This discount can save 20 to 25%. Earning this discount can benefit you well after school through age 25.
  • Drive Less and Save – Low mileage vehicles could qualify for lower rates on the low mileage vehicles.
  • Discounts for Safe Drivers – Safe drivers can get discounts for up to 45% lower rates for Mustang insurance than their less cautious counterparts.
  • Employee of Federal Government – Employees or retirees of the government can save as much as 8% for Mustang insurance depending on your company.

Keep in mind that most of the big mark downs will not be given to all coverage premiums. Most cut specific coverage prices like liability and collision coverage. So when it seems like all those discounts means the company will pay you, you won’t be that lucky.

Insurance companies that may have these discounts are:

Double check with each insurance company how you can save money. Savings may not be available in your state.

Free Quotes for Insurance Coverage

Cutting your insurance coverage rates can be surprisingly simple. Drivers just need to invest a few minutes getting comparison quotes online with multiple companies. This can be accomplished using a couple different methods.

Probably the best way to get quotes is an all-inclusive rate comparison click to view form in new window. This type of form saves time by eliminating separate quotes to each individual insurance coverage company. Taking the time to complete one form will return quotes from multiple low-cost companies.

A less efficient way to find lower rates consists of going to each company’s website and fill out their own quote form. For example, let’s say you want rates from State Farm, GEICO and Allstate. To get rate quotes you would need to visit each site and enter your policy data, which is why the first method is quicker.

For a list of links to companies insuring cars in your area, click here.

The hardest method to compare rates is to spend your day driving to different agent offices. Shopping for insurance coverage online can eliminate the need for a local agent unless you prefer the personal advice of a local agent. However, consumers can price shop your coverage online and get advice from an agent in your area and you’ll learn how to do that later.

Whichever method you choose, ensure you are comparing apples-to-apples deductibles and coverage limits on every quote you get. If the quotes have different limits and deductibles on each one it will be next to impossible to determine which rate is truly the best.

Which insurance is the “right” coverage?

When choosing coverage for your vehicles, there isn’t really a cookie cutter policy. Everyone’s situation is unique so your insurance should reflect that These are some specific questions might help in determining whether or not you might need an agent’s assistance.

  • Is motorclub coverage worth it?
  • How much liability insurance is required?
  • Is there coverage for injuries to my pets?
  • Is business equipment covered while in my vehicle?
  • Am I covered if I hit a deer?
  • Is extra glass coverage worth it?

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 agent. If you don’t have a local agent, simply complete this short form or you can also visit this page to select a carrier It is quick, free and can help protect your family.

Auto insurance coverages

Understanding the coverages of your car insurance policy aids in choosing the best coverages and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording. Shown next are the normal coverages offered by car insurance companies.

Comprehensive or Other Than Collision

This coverage pays for damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like a tree branch falling on your vehicle, rock chips in glass, a broken windshield, theft and damage from flooding. The maximum amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses like hospital visits, X-ray expenses and pain medications. They can be utilized in addition to your health insurance program or if you are not covered by health insurance. They cover all vehicle occupants as well as being hit by a car walking across the street. Personal injury protection coverage is not universally available and may carry a deductible

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family and damage to your Ford Mustang.

Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Coverage for liability

This protects you from damages or injuries you inflict on other people or property by causing an accident. Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see liability limits of 50/100/50 that translate to a limit of $50,000 per injured person, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage pays for things such as structural damage, bail bonds, attorney fees and court costs. How much coverage you buy is a decision to put some thought into, but buy as large an amount as possible.

Collision insurance

Collision insurance pays for damage to your Mustang caused by collision with another car or object. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against claims such as rolling your car, scraping a guard rail, crashing into a building and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. Drivers also have the option to increase the deductible to bring the cost down.

Shop. Compare. Save.

When you buy insurance online, never skimp on coverage in order to save money. There are many occasions where an insured cut comprehensive coverage or liability limits and found out when filing a claim that their decision to reduce coverage ended up costing them more. Your focus should be to purchase a proper amount of coverage for the lowest price while still protecting your assets.

Affordable 2008 Ford Mustang insurance can be purchased on the web as well as from independent agents, and you need to comparison shop both to get a complete price analysis. Some insurance providers don’t offer the ability to get a quote online and most of the time these regional insurance providers sell through independent agents.

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