Are you sick and tired of being strong-armed to buy car insurance? You are no different than millions of other consumers. Drivers have multiple insurance companies to purchase coverage from, and although it’s nice to have a selection, too many choices makes it more difficult to compare rates.
You should make it a habit to compare rates every six months because prices change frequently. Even if you think you had the best price for Shelby GT500 coverage last year other companies may now be cheaper. Starting now, forget all the misinformation about car insurance because it’s time to teach you the fastest way to save on car insurance.
There are a variety of methods to compare 2012 Ford Shelby GT500 auto insurance quotes, but there is one way that is less labor-intensive and much quicker. You can waste hours discussing policy coverages with agents in your area, or you could use online quotes to get pricing more quickly.
All the larger companies participate in an industry program where prospective buyers enter their coverage request one time, and at least one company then gives them pricing determined by their information. This prevents consumers from doing quote requests to each individual auto insurance company.
To find out how much you can save on auto insurance click here (opens in new window).
The one downside to getting quotes like this is you can’t choose which companies to receive prices from. So if you want to choose specific insurance companies to compare rates, we have assembled a list of the cheapest auto insurance companies in your area. Click to view list.
It doesn’t matter which method you choose, just make absolute certain that you use exactly the same coverage limits and deductibles on every quote. If you use higher or lower deductibles you can’t possibly find the best deal for your Ford Shelby GT500.
The cost of insuring your cars can be expensive, buy you may qualify for discounts that you may not even be aware of. Certain discounts will be applied when you get a quote, but less common discounts must be inquired about before they will apply. If you aren’t receiving every discount possible, you’re paying more than you need to.
Consumers should know that most of the big mark downs will not be given to your bottom line cost. The majority will only reduce specific coverage prices like comp or med pay. Just because you may think having all the discounts means you get insurance for free, it just doesn’t work that way. But any discount will help reduce your premiums.
Companies that possibly offer some of the above discounts are:
Double check with each company how you can save money. Savings may not apply in your area.
When it comes to choosing the right insurance coverage for your vehicles, there isn’t really a best way to insure your cars. Coverage needs to be tailored to your specific needs and your policy should reflect that. These are some specific questions may help highlight if you may require specific advice.
If you can’t answer these questions but you know they apply to you, you might consider talking to an insurance agent. To find lower rates from a local agent, complete this form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and can help protect your family.
Understanding the coverages of your policy aids in choosing the right coverages and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording. These are the normal coverages found on most insurance policies.
Collision – Collision coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.
Collision coverage protects against claims like colliding with a tree, sustaining damage from a pot hole, scraping a guard rail, hitting a parking meter and crashing into a ditch. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. Drivers also have the option to bump up the deductible to save money on collision insurance.
Coverage for medical payments – Med pay and PIP coverage reimburse you for expenses like nursing services, dental work, doctor visits and hospital visits. They are often used to fill the gap from your health insurance program or if you are not covered by health insurance. They cover all vehicle occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay
Coverage for liability – This will cover damage that occurs to people or other property by causing an accident. It protects YOU against claims from other people, and doesn’t cover your own vehicle damage or injuries.
Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see liability limits of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property. Some companies may use one number which is a combined single limit which provides one coverage limit with no separate limits for injury or property damage.
Liability coverage pays for things like medical services, pain and suffering, structural damage and emergency aid. How much liability coverage do you need? That is a personal decision, but consider buying as high a limit as you can afford.
Uninsured and underinsured coverage – Your UM/UIM coverage protects you and your vehicle from other drivers when they either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your Ford Shelby GT500.
Since many 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 is very important. Most of the time your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.
Comprehensive coverages – Comprehensive insurance coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for claims like hail damage, vandalism and damage from a tornado or hurricane. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.
Low-cost 2012 Ford Shelby GT500 insurance is available from both online companies and also from your neighborhood agents, so compare prices from both to have the best chance of lowering rates. Some companies may not provide online price quotes and most of the time these regional insurance providers sell through independent agents.
We just showed you a lot of information how to shop for insurance online. The key thing to remember is the more rate quotes you have, the better chance you’ll have of finding lower rates. You may even find the lowest priced car insurance comes from some of the smallest insurance companies. These companies may only write in your state and offer lower rates compared to the large companies like Allstate and Progressive.
Additional car insurance information is located on the following sites: