1993 Ford Mustang Car Insurance Quotes – 6 Discounts for Best Rates

Are you a victim of an underperforming, overpriced auto insurance policy? Trust us when we tell you there are lots of people in the same boat.

Insurance companies such as Allstate and Progressive all promote huge savings with advertising and it is challenging if not impossible to see past the geckos and flying pigs and do the work needed to find the best deal.

Save with discounts on Ford Mustang insurance

Companies offering auto insurance don’t necessarily list every available discount in a way that’s easy to find, so the following is a list of both the well known and the harder-to-find ways to save on car insurance.

  • Multiple Cars – Buying coverage for all your vehicles on one policy can get a discount on all vehicles.
  • Safe Drivers – Safe drivers may save up to 50% more on Mustang coverage than their less cautious counterparts.
  • Low Mileage Discounts – Driving fewer miles could be rewarded with discounted rates on garaged vehicles.
  • Driver’s Ed – Cut your cost by having your teen driver complete a driver education course in high school.
  • Air Bag Discount – Vehicles equipped with air bags can get savings of 20% or more.
  • Discount for Life Insurance – Some companies give lower rates if you buy life insurance.

It’s important to understand that most of the big mark downs will not be given the the whole policy. Some only reduce specific coverage prices like liability and collision coverage. So even though they make it sound like all the discounts add up to a free policy, it just doesn’t work that way.

Insurance companies that possibly offer some of the above discounts include:

It’s a good idea to ask every prospective company which discounts they offer. Savings might not apply everywhere.

Tailor your coverage to you

When it comes to buying adequate coverage for your vehicles, there isn’t really a single plan that fits everyone. Everyone’s situation is unique so this has to be addressed. These are some specific questions can aid in determining whether your personal situation might need professional guidance.

  • How can I force my company to pay a claim?
  • Does my 1993 Ford Mustang need full coverage?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Is motorclub coverage worth it?
  • Do I need replacement cost coverage on my 1993 Ford Mustang?
  • Do I need more liability coverage?
  • How can I get high-risk coverage after a DUI?
  • Does coverage extend to my business vehicle?

If you’re not sure about those questions, you may need to chat with an insurance agent. If you don’t have a local agent, complete this form or go to this page to view a list of companies.

Buyer beware of insurance advertising tricks

Insurance companies such as GEICO, State Farm and Progressive regularly use ads on television and other media. They all seem to say the same thing of big savings if you move your policy. How can each company say the same thing? It’s all in the numbers.

All the different companies have a preferred profile for the type of driver that earns them a profit. For example, a profitable customer could be between 25 and 40, insures multiple vehicles, and drives less than 10,000 miles a year. Any new insured who meets those qualifications will get very good rates and most likely will save when switching.

Drivers who fall outside this ideal profile will be quoted higher premiums and ends up with the driver buying from a lower-cost company. The ad wording is “customers that switch” not “people who quote” save that much. That’s the way companies can state the savings. This emphasizes why it is so important to get as many comparisons as possible. It’s just too difficult to predict which insurance companies will give you the biggest savings on Ford Mustang insurance.

What auto insurance coverages do you need?

Having a good grasp of your auto insurance policy helps when choosing appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and reading a policy is terribly boring. These are typical coverage types found on most auto insurance policies.

Liability coverage – This coverage can cover damage that occurs to a person or their property that is your fault. Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 100/300/100 which means a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery.

Liability insurance covers things like repair costs for stationary objects, funeral expenses, structural damage and legal defense fees. How much liability coverage do you need? That is a personal decision, but buy higher limits if possible.

Protection from uninsured/underinsured drivers – This provides protection from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family.

Comprehensive (Other than Collision) – This will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims such as hitting a deer, theft, rock chips in glass, damage from a tornado or hurricane and a broken windshield. The maximum amount a auto insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

Medical expense insurance – Coverage for medical payments and/or PIP pay for expenses like pain medications, hospital visits, dental work and doctor visits. They can be used to fill the gap from your health insurance policy or if you do not have health coverage. They cover you and your occupants and also covers getting struck while a pedestrian. Personal Injury Protection is not an option in every state and may carry a deductible

Collision coverages – This coverage will pay to fix damage to your Mustang from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things such as sideswiping another vehicle, damaging your car on a curb and colliding with a tree. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Feed the piggy bank

We just showed you some good ideas how you can shop for 1993 Ford Mustang insurance online. The most important thing to understand is the more quotes you get, the better likelihood of reducing your rate. Drivers may discover the lowest rates come from some of the smallest insurance companies. Regional companies may cover specific market segments cheaper than the large multi-state companies such as Allstate or State Farm.

Lower-priced insurance is available both online in addition to many insurance agents, so you should be comparing quotes from both in order to have the best chance of saving money. A few companies do not provide online quoting and usually these regional insurance providers provide coverage only through local independent agents.

When trying to cut insurance costs, it’s not a good idea to skimp on coverage in order to save money. There are too many instances where someone sacrificed comprehensive coverage or liability limits only to regret that the small savings ended up costing them much more. Your strategy should be to buy enough coverage at the best price.

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