How Much Does 2009 Ford Mustang Insurance Cost?

Want better insurance rates? Drivers have lots of choices when trying to find affordable Ford Mustang insurance. They can either waste time struggling with agents trying to get quotes or save time using the internet to find the lowest rates.

There is a right way and a wrong way to compare insurance rates and you need to know the best way to get price quotes for your Ford and locate the best price possible.

It is always a good idea to compare prices once or twice a year because insurance rates are adjusted regularly by insurance companies. If you had the best price for Mustang insurance last year there is a good chance you can find better rates now. You can find a lot of wrong information about insurance on the web, but with this article, you’re going to get some solid techniques on how to buy insurance cheaper.

The method we recommend to compare insurance rates from multiple companies is to know the trick most larger insurance companies participate in a system to provide you with a free rate quote. All consumers are required to do is provide the companies a bit of rating information like if you have a valid license, how you use your vehicles, if it has an alarm system, and deductibles desired. Your insurance information is submitted instantly to insurance carriers in your area and they respond with quotes instantly to find the best rate.

To find the cheapest insurance rates, click here and see if a lower rate is available.

More discounts equal less premium

Insurance can cost an arm and a leg, but discounts can save money and there are some available that can drop the cost substantially. Larger premium reductions will be automatically applied at the time you complete a quote, but lesser-known reductions have to be inquired about before you get the savings. If they aren’t giving you every credit available, you’re paying more than you need to.

  • Discounts for Safe Drivers – Insureds without accidents can pay as much as 50% less for Mustang insurance than their less cautious counterparts.
  • Federal Employees – Active or retired federal employment may qualify you for a discount for Mustang insurance with select insurance companies.
  • Sign Online – Certain companies give back up to $50 for buying a policy and signing up over the internet.
  • Anti-lock Brakes – Cars that have steering control and anti-lock brakes prevent accidents and therefore earn up to a 10% discount.
  • One Accident Forgiven – A few companies allow you one accident without raising rates as long as you don’t have any claims for a set time period.

Consumers should know that most of the big mark downs will not be given the the whole policy. Some only reduce the cost of specific coverages such as liability, collision or medical payments. So when the math indicates all those discounts means the company will pay you, you’re out of luck. But any discount will help reduce your overall premium however.

Insurance companies that may have some of the above discounts include:

It’s a good idea to ask every prospective company what discounts are available to you. Some discounts may not apply in every state.

It’s not one size fits all

When it comes to buying the best auto insurance coverage for your vehicles, there is no cookie cutter policy. Every situation is different.

These are some specific questions may help highlight whether you could use an agent’s help.

  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Is there coverage for injuries to my pets?
  • When would I need additional glass coverage?
  • How high should my medical payments coverage be?
  • Does my 2009 Ford Mustang need full coverage?
  • What if I don’t agree with a claim settlement offer?
  • Do I need higher collision deductibles?
  • Will my insurance pay for OEM parts?
  • Is my custom paint covered by insurance?

If you don’t know the answers to these questions, then you may want to think about talking to a licensed agent. To find an agent in your area, fill out this quick form. It only takes a few minutes and can provide invaluable advice.

Car insurance coverages for a 2009 Ford Mustang

Knowing the specifics of car insurance can help you determine appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy.

Comprehensive coverage (or Other than Collision) – Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as damage from a tornado or hurricane, hail damage, hitting a deer and rock chips in glass. The most you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Insurance for medical payments – Medical payments and Personal Injury Protection insurance pay for short-term medical expenses like rehabilitation expenses, hospital visits, chiropractic care and doctor visits. The coverages can be utilized in addition to your health insurance plan 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 is not available in all states but can be used in place of medical payments coverage

Uninsured Motorist or Underinsured Motorist insurance – This gives you protection when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family as well as your vehicle’s damage.

Since many drivers 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. Frequently these coverages are identical to your policy’s liability coverage.

Collision coverages – This covers damage to your Mustang resulting from a collision with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things such as crashing into a building, damaging your car on a curb, backing into a parked car and sustaining damage from a pot hole. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

Coverage for liability – Liability insurance can cover damage or injury you incur to other people or property in an accident. This insurance protects YOU from legal claims by others, and doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000. Another option is a combined limit that pays claims from the same limit without having the split limit caps.

Liability coverage pays for claims like bail bonds, medical services, loss of income and structural damage. How much coverage you buy is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.