1996 Ford Mustang Insurance Quotes

Have you had enough of trying to scrape together enough money to pay your car insurance bill each month? Your situation is no different than millions of other consumers. Companies like Allstate and Progressive all promote huge savings with catchy ads and it is difficult to sift through the bull and effectively compare rates to find the best deal.

Smart consumers take time to shop coverage around every six months due to the fact that insurance rates are constantly changing. Despite the fact that you may have had the lowest price on Mustang insurance six months ago other companies may now be cheaper. Starting right now, forget anything you know (or think you know) about auto insurance because it’s time to teach you the right way to reduce your cost while increasing coverage.

If you have a policy now or need a new policy, you can use these tips to find the best rates and possibly find even better coverage. Finding affordable coverage is not rocket science. Consumers just need to understand the best way to buy insurance over the internet.

Finding Insurance Deals

Getting a lower price on 1996 Ford Mustang insurance is surprisingly easy. Consumers just need to spend a little time comparing rate quotes provided by online insurance companies. This can be accomplished in several different ways.

The single most time-saving way to find low rates would be an industry-wide quote request form click to view form in new window. This form eliminates the need for boring form submissions for every insurance company. One simple form compares rates instantly.

A different way to obtain and compare quotes online consists of going to the website for each individual company to complete their respective quote request forms. For instance, we’ll pretend you want to compare rates from Allstate, Farmers and GEICO. To get rate quotes you would need to visit each site to input your insurance information, which is why the first method is more popular. For a handy list of car insurance company links in your area, click here.

It’s your choice how you get your quotes, but make sure you use apples-to-apples coverages and limits on every quote you get. If you enter different limits and deductibles on each one you will not be able to determine which rate is truly the best.

Don’t miss these discounts

Car insurance can cost a lot, but you may find discounts that you may not even be aware of. Certain discounts will be applied at quote time, but some must be specially asked for before you will receive the discount. If you don’t get every credit available, you are throwing money away.

  • Military Discounts – Having a family member in the military could mean lower rates.
  • Student Driver Training – Make teen driver coverage more affordable by requiring them to successfully complete driver’s ed class if offered at their school.
  • Auto/Life Discount – Larger companies have lower rates if you buy life insurance from them.
  • Clubs and Organizations – Being a member of a qualifying organization may earn a discount on your policy on Mustang insurance.
  • Pay Upfront and Save – By paying your policy upfront instead of paying each month you may reduce your total bill.
  • Save with a New Car – Insuring a new car can cost up to 25% less compared to insuring an older model.
  • Good Students Pay Less – Performing well in school can earn a discount of 20% or more. The good student discount can last until age 25.
  • Bundle and Save – When you have multiple policies with one insurance company you may earn approximately 10% to 15%.
  • Discounts for Safe Drivers – Drivers who avoid accidents can get discounts for up to 45% lower rates on Mustang insurance than drivers with accident claims.

Keep in mind that most discounts do not apply the the whole policy. The majority will only reduce individual premiums such as medical payments or collision. So even though they make it sound like having all the discounts means you get insurance for free, companies don’t profit that way. Any qualifying discounts will cut the cost of coverage.

Insurance companies who might offer some of the above discounts may include but are not limited to:

Check with each company which discounts they offer. All car insurance discounts might not apply in your state.

When might I need help?

When buying coverage for your personal vehicles, there really is no “perfect” insurance plan. Each situation is unique and your policy should reflect that. For example, these questions might point out if your insurance needs might need an agent’s assistance.

  • Do I really need UM/UIM coverage?
  • Will filing a claim cost me more?
  • Should I sign the liability waiver when renting a car?
  • Are all vehicle passengers covered by medical payments coverage?
  • Is my state a no-fault state?
  • Do I need an umbrella policy?
  • Is other people’s property covered if stolen from my vehicle?

If you don’t know the answers to these questions, you may need to chat with a licensed agent. To find lower rates from a local agent, take a second and complete this form or you can also visit this page to select a carrier It’s fast, free and you can get the answers you need.

Why your Ford Mustang might be costing you more

An important part of buying insurance is that you know the different types of things that play a part in calculating the price you pay for insurance. When you know what positively or negatively impacts premium levels enables informed choices that could result in much lower annual insurance costs.

Shown below are some of the factors insurance companies consider when setting premiums.

  • Pay less if you’re married – Getting married can actually save you money on your policy. Having a significant other is viewed as being more mature than a single person and it’s proven that married drivers get in fewer accidents.
  • Your insurance rates can be influenced by your job – Did you know your occupation can influence how much you pay for insurance? Occupations like real estate brokers, business owners and dentists have the highest average rates attributed to high stress levels and long work hours. Other occupations like scientists, historians and homemakers get better rates on Mustang insurance.
  • Traffic citations inflate rates – Only having one moving violation can increase rates forty percent or more. Good drivers receive lower rates than bad drivers. Drivers with serious tickets like DWI, reckless driving or hit and run convictions are required to file a proof of financial responsibility form (SR-22) with their state DMV in order to continue driving.
  • Little extras can really add up – There are a lot of add-on coverages that you can get tricked into buying when buying insurance. Coverages like personal injury protection, accidental death and membership fees are examples of these. These may sound like a good investment at first, but your needs may have changed so get rid of them and save.
  • Pleasure use or commuting – The more miles you rack up on your Ford every year the more you’ll pay to insure your vehicle. Most companies apply a rate determined by how the vehicle is used. Autos used primarily for pleasure use qualify for better rates than vehicles that are driven to work every day. Double check that your insurance policy shows how each vehicle is driven. Incorrect usage on your Mustang may be wasting your money.
  • Credit scores impact insurance rates – Your credit score is a large factor in your rate calculation. Consumers who have good credit tend to be less risk to insure than drivers who have lower credit ratings. If your credit rating is low, you could pay less to insure your 1996 Ford Mustang by repairing your credit.
  • High numbers of claims are not good – If you frequently file small claims, you can look forward to either a policy non-renewal or much higher rates. Insurance companies generally give better rates to people who file claims infrequently. Auto insurance is meant to be used in the event of larger claims.
  • Adjust deductibles and save – Physical damage insurance, otherwise known as comp (or other than collision) and collision, is used to repair damage to your Ford. A few examples of covered claims are colliding with a building, damage from fire, and rolling your vehicle. The deductibles are how much you are willing to pay before a claim is paid by your company. The more you have to pay, the less your insurance will be on Mustang insurance.

Save $416 a year? Really?

Consumers can’t ignore all the ads for the lowest price auto insurance by companies like Progressive, Allstate and GEICO. All the companies have a common claim about savings if you move to them.

But how can every company make the same claim?

All the different companies can use profiling for the type of customer they prefer to insure. For instance, a profitable customer could possibly be between 30 and 50, a clean driving record, and drives less than 7,500 miles a year. Any driver that hits that “sweet spot” will qualify for the lowest rates and most likely will save when switching.

Potential insureds who do not match this ideal profile must pay higher premiums and ends up with the driver buying from a lower-cost company. The ads state “people who switch” not “everybody who quotes” save that much. That’s why companies can truthfully advertise the way they do.

This illustrates why it is so important to get a wide range of price quotes. It is impossible to predict which insurance companies will fit your personal profile best.

Specific coverage details

Learning about specific coverages of car insurance can help you determine the right coverages at the best deductibles and correct limits. Car insurance terms can be impossible to understand and coverage can change by endorsement. Below you’ll find the usual coverages found on the average car insurance policy.

Collision protection

Collision coverage pays for damage to your Mustang resulting from colliding with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as hitting a parking meter, colliding with a tree and hitting a mailbox. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. You can also raise the deductible to save money on collision insurance.

Insurance for medical payments

Med pay and PIP coverage reimburse you for short-term medical expenses like hospital visits, pain medications, rehabilitation expenses, funeral costs and prosthetic devices. They are used to fill the gap from your health insurance policy or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Auto liability

This will cover damage or injury you incur to a person or their property in an accident. It protects YOU from claims by other people. It does not cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see liability limits of 100/300/100 which stand for $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property. Some companies may use one number which is a combined single limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability insurance covers claims like funeral expenses, repair bills for other people’s vehicles and loss of income. How much liability coverage do you need? That is a personal decision, but consider buying as much as you can afford.

Comprehensive coverage (or Other than Collision)

This pays to fix your vehicle from damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like damage from flooding, damage from getting keyed, vandalism and a broken windshield. The most you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Uninsured Motorist or Underinsured Motorist insurance

Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries and damage to your Ford Mustang.

Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important. Most of the time the UM/UIM limits are similar to your liability insurance amounts.

More quotes mean more savings

As you shop your coverage around, it’s a bad idea to reduce coverage to reduce premium. In too many instances, someone sacrificed full coverage only to regret they didn’t purchase enough coverage. Your focus should be to get the best coverage possible for the lowest price while not skimping on critical coverages.

We just covered many ideas to compare 1996 Ford Mustang insurance prices online. It’s most important to understand that the more rate quotes you have, the higher the chance of saving money. Consumers could even find that the best price on insurance is with an unexpected company. These smaller insurers may often insure only within specific states and give getter rates than their larger competitors like State Farm, GEICO and Nationwide.

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