Cheap 1991 Ford Mustang Car Insurance Rates

Feel like you’re a prisoner to an underperforming, overpriced auto insurance policy? Believe me, there are many people just like you.

Having so many insurance providers from which to choose, it can be challenging to find the lowest price provider.

Consumers should take time to price shop coverage on a regular basis since insurance rates change frequently. Even if you think you had the lowest price for Mustang insurance six months ago the chances are good that you can find a lower rate today. There is a lot of wrong information about auto insurance online, so by reading this article, you’re going to learn the easiest ways to save money.

Why your Ford Mustang might be costing you more

Consumers need to have an understanding of the rating factors that help determine the price you pay for auto insurance. Having a good understanding of what influences your rates helps enable you to make changes that can help you get big savings.

  • Tickets mean higher rates – A bad driving record impacts your car insurance rates tremendously. Drivers who don’t get tickets tend to pay less for car insurance than their less careful counterparts. Just one citation can bump up the cost by twenty percent. If you have dangerous violations like DUI or reckless driving may find they need to file a proof of financial responsibility form (SR-22) with their state motor vehicle department in order to prevent a license revocation.
  • Discounts for married couples – Having a wife or husband actually saves money on your policy. Marriage is viewed as being more mature it has been statistically shown that drivers who are married are more cautious.
  • Car features impact rates – Driving a car with a theft deterrent system can save you a little every year. Anti-theft features such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all hinder car theft.
  • A lapse in coverage is a bad thing – Allowing your coverage to lapse will be a guaranteed way to bump up your auto insurance costs. And not only will insurance be more expensive, failure to provide proof of insurance may earn you a steep fine or even jail time.
  • Safer cars cost less to insure – Vehicles with high crash test scores can get you lower premiums. The safest vehicles have better occupant injury protection and any reduction in injury severity means lower claim amounts and more competitive rates for policyholders. If your Ford scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website you are probably receiving a discount.
  • An active claims history can cost you – If you frequently file small claims, you can look forward to either higher rates or even cancellation. Insurance companies award lower rates to drivers who are claim-free. Car insurance is intended for larger claims.
  • Your auto insurance rates can be influenced by your job – Did you know your occupation can influence how much you pay for auto insurance? Occupations such as lawyers, architects and accountants tend to have higher rates than average attributed to stressful work requirements and lengthy work days. On the flip side, jobs such as scientists, athletes and homemakers receive lower rates for Mustang insurance.

Compare the Market for Car Insurance

All major car insurance companies such as State Farm, Allstate and GEICO provide pricing on their websites. Getting online rates is pretty painless as you simply type in your coverage preferences into a form. When the form is submitted, their system collects credit information and your driving record and generates pricing information determined by many factors. Quoting online helps simplify price comparisons, but having to visit a lot of sites and enter the same data into a form can get tiresome after awhile. But it’s very important to perform this step in order to find the lowest car insurance rates.

The easy way to compare rates

An easier way to get multiple rate quotes requires only one form that gets prices from many companies. This type of form saves time, requires less work, and makes rate comparisons a lot less work. As soon as you send your information, it is rated and you can select any one of the pricing results. If a lower price is quoted, you simply finish the application and purchase the new policy. It takes just a few minutes to complete and you will find out if you’re overpaying now.

To save time and find out how much you can save on car insurance, click here to open in new window and fill out the form. To compare your current rates, we recommend that you enter the limits and deductibles identical to your current policy. Doing this assures you’re receiving rate quotes using the same coverage and limits.

Don’t be fooled by advertising claims

Auto insurance providers like State Farm, Allstate and GEICO consistently run television and radio advertisements. They all make an identical promise that you’ll save big if you change your policy. But how can every company make the same claim?

All companies have a preferred profile for the type of driver that earns them a profit. A good example of a driver they prefer might be profiled as over the age of 50, a clean driving record, and drives less than 10,000 miles a year. A driver that hits that “sweet spot” will get very good rates and therefore will save a lot of money.

Drivers who don’t measure up to the requirements will be charged a higher premium which leads to the driver buying from a lower-cost company. Company advertisements say “drivers who switch” not “everyone that quotes” save that kind of money. That’s the way insurance companies can advertise the savings. That is why it is so important to get a wide range of price quotes. Because you never know the company that will provide you with the cheapest Ford Mustang insurance rates.

Pay less by taking advantage of discounts

Companies offering auto insurance do not advertise all their discounts very clearly, so here is a list some of the best known and also the lesser-known ways to save on auto insurance.

  • Military Rewards – Being deployed with a military unit can result in better rates.
  • Good Students Pay Less – This discount can save 20 to 25%. The discount lasts up until you turn 25.
  • Passive Restraints and Air Bags – Vehicles equipped with air bags may earn rate discounts of more than 20%.
  • Senior Citizens – If you’re over the age of 55, you may receive a small decrease in premiums for Mustang insurance.
  • Payment Discounts – If you pay your bill all at once instead of making monthly payments you can actually save on your bill.
  • Paperwork-free – A few companies may give you up to $50 simply for signing digitally online.
  • Anti-lock Brake System – Vehicles with anti-lock braking systems prevent accidents and qualify for as much as a 10% discount.
  • Theft Prevention System – Vehicles with anti-theft systems can help prevent theft and will save you 10% or more.

A little note about advertised discounts, some of the credits will not apply to your bottom line cost. Some only reduce specific coverage prices like liability and collision coverage. Just because it seems like you would end up receiving a 100% discount, it doesn’t quite work that way.

For a list of insurers who offer auto insurance discounts, click this link.

Your coverage should be tailored to you

When choosing coverage, there really is no single plan that fits everyone. Each situation is unique so your insurance needs to address that. Here are some questions about coverages that can help discover if your insurance needs would benefit from an agent’s advice.

  • I don’t drive much so do I pay less?
  • Do I benefit by insuring my home with the same company?
  • Is my teen driver covered when they drive my company car?
  • Should I sign the liability waiver when renting a car?
  • Does my insurance cover a custom paint job?
  • Should I get collision insurance on every vehicle?
  • Where can I find DUI or SR-22 insurance?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • Exactly who is provided coverage by my policy?
  • What should my uninsured motorist coverage limits be in my state?

If you can’t answer these questions but you think they might apply to your situation then you might want to talk to a licensed agent. To find lower rates from a local agent, fill out this quick form or you can also visit this page to select a carrier

Car insurance coverages for a 1991 Ford Mustang

Knowing the specifics of a insurance policy can help you determine the best coverages and proper limits and deductibles. The terms used in a policy can be impossible to understand and reading a policy is terribly boring. Listed below are typical coverages found on the average insurance policy.

Liability – This coverage provides protection from damages or injuries you inflict on other people or property by causing an accident. It protects you against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 50/100/50 that means you have a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery.

Liability coverage pays for things such as medical services, medical expenses and repair costs for stationary objects. The amount of liability coverage you purchase is up to you, but buy higher limits if possible.

Collision coverage – This coverage covers damage to your Mustang caused by collision with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things like sideswiping another vehicle, scraping a guard rail and sustaining damage from a pot hole. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Comprehensive or Other Than Collision – This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things such as a tree branch falling on your vehicle, damage from getting keyed, damage from flooding, hail damage and rock chips in glass. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

UM/UIM Coverage – This coverage protects you and your vehicle’s occupants when other motorists are uninsured or don’t have enough coverage. It can pay for injuries to you and your family and damage to your Ford Mustang.

Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Medical costs insurance – Med pay and PIP coverage pay for bills like X-ray expenses, ambulance fees and pain medications. The coverages can be used to fill the gap from your health insurance program or if you are not covered by health insurance. They cover you and your occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

Smart consumers save more

When you buy insurance online, make sure you don’t buy lower coverage limits just to save a few bucks. There have been many situations where an insured dropped full coverage only to find out that a couple dollars of savings turned into a financial nightmare. The proper strategy is to get the best coverage possible at an affordable rate.

We’ve covered a lot of information how to compare 1991 Ford Mustang insurance prices online. The key thing to remember is the more price quotes you have, the better your comparison will be. Consumers may even find the lowest rates come from a small local company. These companies may have significantly lower rates on certain market segments as compared to the big name companies such as State Farm, GEICO and Nationwide.

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