Cheap 2011 Ford Shelby GT500 Car Insurance Quotes

Want cheaper car insurance rates for your Ford Shelby GT500? Trying to find cheaper insurance for your Ford Shelby GT500 can normally be difficult, but you can learn the following methods and make it easy. There are both good and bad ways to compare car insurance rates and you need to know the best way to quote coverages on a Ford and find the lowest possible price either online or from local insurance agents.

These discounts can slash auto insurance rates

Car insurance companies don’t always publicize all available discounts very clearly, so the following is a list of some of the more common and the more hidden discounts you could be receiving. If you’re not getting every credit you deserve, you’re paying more than you need to.

  • Own a Home – Simply owning a home can save you money because owning a home demonstrates responsibility.
  • Memberships – Belonging to a qualifying organization could trigger savings when buying auto insurance on Shelby GT500 insurance.
  • Braking Control Discount – Cars that have steering control and anti-lock brakes can avoid accidents and will save you 10% or more.
  • Bundle and Save – When you have multiple policies with one company you may earn at least 10% off all policies.
  • Accident Forgiveness – A few companies permit an accident before your rates go up if you are claim-free prior to the accident.
  • Discount for New Cars – Adding a new car to your policy can cost up to 25% less compared to insuring an older model.
  • Drive Safe and Save – Drivers who avoid accidents can pay as much as 50% less on Shelby GT500 insurance than drivers with accident claims.
  • Paperwork-free – A few companies will discount your bill up to fifty bucks for buying a policy and signing up online.
  • Service Members Pay Less – Having a family member in the military may qualify for rate reductions.
  • Claim Free – Drivers with accident-free driving histories can earn big discounts when compared to drivers who are more careless.

Keep in mind that most credits do not apply to your bottom line cost. Most only reduce the cost of specific coverages such as comprehensive or collision. Just because you may think all the discounts add up to a free policy, it just doesn’t work that way.

Car insurance companies who might offer these money-saving discounts include:

It’s a good idea to ask each company which discounts you may be entitled to. Discounts might not apply in your state.

The best way we recommend to get policy rate comparisons is to take advantage of the fact most of the larger companies participate in online systems to quote your coverage. To start a quote, the only thing you need to do is give them rating details such as daily mileage, which vehicles you own, how much school you completed, and how you use your vehicles. That information is instantly sent to multiple companies and you should receive rate quotes with very little delay.

To compare rates for a now, click here and find out if lower rates are available.

Ford Shelby GT500 insurance rates are influenced by…

It’s important that you understand the different types of things that help determine the price you pay for car insurance. Understanding what influences your rates allows you to make educated decisions that will entitle you to better car insurance rates.

  • Don’t skimp on liability – Your policy’s liability coverage provides coverage when a jury decides you are liable for damages caused by your negligence. It will provide you with a defense in court which can cost thousands of dollars. Liability insurance is quite affordable as compared to coverage for physical damage, so do not cut corners here.
  • High numbers of claims are not good – If you are a frequent claim filer, you can pretty much guarantee either higher rates or even cancellation. Car insurance companies provide lower rates to insureds who are claim-free. Car insurance is intended for the large, substantial claims.
  • Cautious drivers pay less – Drivers with clean records tend to pay less for car insurance than their less careful counterparts. Just one citation may increase your cost twenty percent or more. Drivers who get dangerous violations such as hit and run, DWI or reckless driving convictions may be required to submit a SR-22 form to the state department of motor vehicles in order to prevent a license revocation.
  • Do you know you’re credit rating? – Credit score is a big 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 2011 Ford Shelby GT500 by improving your credit score. Drivers who have good credit tend to be better drivers and file fewer claims than drivers with poor credit.
  • Bundling policies can get discounts – The majority of car insurance companies will give a discount to insureds who carry more than one policy. It’s known as a multi-policy discount. Discounts can add up to ten or even up to twenty percent in some cases. Even though this discount sounds good, it’s still a good idea to compare rates to ensure the best deal.
  • Lower rates with optional equipment – Purchasing a vehicle with a theft deterrent system can help lower your rates. Theft prevention features such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all aid in stopping auto theft.
  • Extra coverages can waste money – There are quite a few extra bells and whistles that you can buy on your Shelby GT500 policy. Coverages like personal injury protection, towing coverage and additional equipment coverage may be wasting your money. They may seem like a good idea when talking to your agent, but now you might not need them so get rid of them and save.

When might I need the advice of an agent?

When choosing proper insurance coverage, there really is no best way to insure your cars. Each situation is unique.

Here are some questions about coverages that can aid in determining whether you might need professional guidance.

  • What if I owe more than I can insure my car for?
  • Does my 2011 Ford Shelby GT500 qualify for pleasure use?
  • Do I need higher collision deductibles?
  • Is rental equipment covered for theft or damage?
  • Does my policy cover me when driving someone else’s vehicle?
  • When can my company non-renew my policy?
  • Is a blown tire covered by insurance?
  • Do I need replacement cost coverage on my 2011 Ford Shelby GT500?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with a licensed agent. If you want to speak to an agent in your area, take a second and complete this form. It’s fast, doesn’t cost anything and can help protect your family.

Is there truth in advertising?

Consumers can’t ignore all the ads for cheaper car insurance from companies such as GEICO, State Farm and Progressive. They all seem to have a common claim about savings if you move your policy.

How can each company make almost identical claims? It’s all in the numbers.

All companies have a certain “appetite” for the right customer that makes them money. A good example of a driver they prefer could possibly be between 25 and 40, is a homeowner, and has a high credit rating. A driver who matches those parameters receives the best rates and is almost guaranteed to cut their rates substantially.

Drivers who don’t meet the “perfect” profile will be quoted more money and ends up with the driver buying from a lower-cost company. Company advertisements say “drivers who switch” not “everybody who quotes” save money. That’s the way insurance companies can make those claims. This emphasizes why you absolutely need to get quotes from several different companies. It’s impossible to know which company will provide you with the cheapest Ford Shelby GT500 insurance rates.

Car insurance coverage specifics

Learning about specific coverages of your policy can help you determine appropriate coverage for your vehicles. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy.

Insurance for medical payments

Personal Injury Protection (PIP) and medical payments coverage kick in for expenses such as funeral costs, prosthetic devices and nursing services. They can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. PIP coverage is not an option in every state and may carry a deductible


This coverage will cover damage or injury you incur to a person or their property that is your fault. It protects you from claims by other people, and does not provide coverage for 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. You might see values of 50/100/50 which stand for a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery.

Liability can pay for claims like legal defense fees, repair costs for stationary objects and funeral expenses. The amount of liability coverage you purchase is up to you, but buy higher limits if possible.

Auto collision coverage

This coverage pays for damage to your Shelby GT500 from colliding with another car or object. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers things like scraping a guard rail, damaging your car on a curb, sideswiping another vehicle and hitting a mailbox. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. You can also bump up the deductible in order to get cheaper collision rates.

Uninsured Motorist or Underinsured Motorist insurance

Your UM/UIM coverage protects you and your vehicle’s occupants when other motorists 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 only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked.

Comprehensive coverage (or Other than Collision)

This coverage pays for damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims like a broken windshield, theft, damage from flooding and fire damage. The maximum payout a car insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Have the Midas touch

Consumers leave their current company for a variety of reasons including denial of a claim, lack of trust in their agent, high prices or even an unsatisfactory settlement offer. It doesn’t matter why you want to switch finding the right insurance provider is not as hard as you think.

You just learned many ways to reduce 2011 Ford Shelby GT500 insurance prices online. The most important thing to understand is the more providers you compare, the better likelihood of reducing your rate. Consumers may even find the best price on insurance is with a small mutual company.

Discount insurance is definitely available from both online companies in addition to many insurance agents, and you should be comparing both so you have a total pricing picture. Some insurance companies do not provide you the ability to get quotes online and these smaller companies work with independent agents.

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