View 2017 Ford GT Car Insurance Quotes

Expensive insurance can empty your savings account and make it hard to pay other bills. Comparing price quotes is a smart way to help make ends meet. Consumers have many insurers to purchase coverage from, and although it’s a good thing to have multiple companies, lots of choices makes it harder to compare rates.

The purpose of this post is to help educate you on how car insurance quotes work. If you are paying for car insurance now, you will be able to cut costs considerably using these techniques. Drivers only need an understanding of the proper way to compare rates online.

Take advantage of discounts

Car insurance can cost a lot, but discounts can save money and there are some available that can drop the cost substantially. A few discounts will automatically apply at the time you complete a quote, but less common discounts must be specifically requested prior to receiving the credit. If you’re not getting every credit you deserve, you are throwing money away.

  • Good Student – Getting good grades can be rewarded with saving of up to 25%. The discount lasts up until you turn 25.
  • Seat Belt Usage – Using a seat belt and requiring all passengers to buckle their seat belts can save up to 15% off the personal injury premium cost.
  • Anti-lock Brake Discount – Vehicles with anti-lock braking systems are safer to drive and qualify for as much as a 10% discount.
  • College Student – Any of your kids who are attending college and do not have access to a covered vehicle may be able to be covered for less.
  • Homeowners Pay Less – Simply owning a home can help you save on insurance because of the fact that having a home shows financial diligence.
  • Defensive Driving Course – Taking part in a course in driver safety can save you 5% or more and easily recoup the cost of the course.

Keep in mind that many deductions do not apply to the overall cost of the policy. The majority will only reduce the cost of specific coverages such as medical payments or collision. Just because it seems like you would end up receiving a 100% discount, companies wouldn’t make money that way. Any qualifying discounts will cut the cost of coverage.

For a list of companies offering insurance discounts, follow this link.

How to Get Cheap Auto Insurance

Getting better 2017 Ford GT auto insurance pricing is not a difficult process. Just invest a little time comparing rate quotes provided by online insurance companies. This can be done in just a few minutes using one of these methods.

  1. The easiest and least time consuming way to get quotes would be an industry-wide quote request form click to view form in new window. This easy form eliminates the need for multiple quote forms for each company. One form submission gets you price quotes from several companies.
  2. Another way to compare rate quotes is to take the time to go to the website of each company to request a price quote. For instance, we’ll pretend you want to compare GEICO, Progressive and American Family. To find out each rate you need to go to every website to input your insurance information, which is why the first method is more popular. To view a list of companies in your area, click here.

It’s your choice how you get your quotes, but ensure you’re using apples-to-apples coverage information on every quote you get. If you have different liability limits it’s not possible to determine the best price for your Ford GT.

Ford GT insurance rates can be determined by these details

An important part of buying insurance is that you know the factors that come into play when calculating insurance rates. When you know what positively or negatively controls the rates you pay enables informed choices that can help you get lower insurance prices.

The list below includes some of the items insurance companies consider when setting your rates.

  • Rates may be higher depending on your occupation – Occupations like real estate brokers, architects and financial analysts tend to pay higher average rates attributed to stressful work requirements and lots of time spent at work. Conversely, jobs such as farmers, engineers and the unemployed have the lowest average rates for GT coverage.
  • Credit scores impact insurance rates – Credit history is a large factor in determining your rates. If your credit history is not that good, you could be paying less to insure your 2017 Ford GT by repairing your credit. People with excellent credit tend to be more responsible than drivers who have lower credit scores.
  • Men fork out a little more – Statistics show women are more cautious behind the wheel. However, don’t assume that men are WORSE drivers than women. Men and women are in accidents at a similar rate, but men cause more damage and cost insurance companies more money. Men also get more serious tickets like DUI and reckless driving.
  • Where you reside plays a part – Being located in a small town can save you money when it comes to insurance. City drivers have traffic congestion and much longer commute distances. Fewer drivers means reduced accidents as well as less vandalism and auto theft.
  • Younger drivers pay higher rates – Youthful drivers are statistically proven to be careless and easily distracted when driving so insurance rates are higher. If you’ve ever had to add a youthful driver to your policy can break the bank. More mature drivers are more cautious drivers, tend to file fewer claims and are safer drivers.
  • Don’t skimp on liability – The liability section of your policy is the protection in the event that a jury decides you are liable for damages from an accident. Liability insurance provides for a legal defense which can cost thousands of dollars. Liability is cheap compared to insuring for physical damage coverage, so do not cut corners here.
  • Rate your vehicle for proper use – The more you drive every year the more you will pay for insurance. Almost all companies apply a rate based upon how you use the vehicle. Cars and trucks used primarily for pleasure use qualify for better rates as compared to vehicles used primarily for driving to work. Having the wrong rating on your GT may be wasting your money. Double check that your insurance policy shows the correct driver usage.
  • Safe vehicles cost less to insure – Vehicles with good safety scores get lower rates. These vehicles have better occupant injury protection and any reduction in injury severity means less money paid by your insurance company and thus lower rates. If your Ford GT is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you are probably receiving a discount.

How to know if you need help

When choosing coverage for your vehicles, there isn’t really a perfect coverage plan. Your needs are not the same as everyone else’s so your insurance needs to address that. These are some specific questions might help in determining if your insurance needs would benefit from an agent’s advice.

  • Does insurance cover damages from a DUI accident?
  • When would I need additional glass coverage?
  • Does insurance cover tools stolen from my truck?
  • Is my nanny covered when driving my vehicle?
  • Is my camper covered by my car insurance policy?
  • Where can I find high-risk insurance?

If it’s difficult to answer those questions, then you may want to think about talking to an agent. To find an agent in your area, simply complete this short form or click here for a list of insurance companies in your area. It is quick, free and you can get the answers you need.

What insurance coverages do you need?

Understanding the coverages of a insurance policy can be of help when determining appropriate coverage and the correct deductibles and limits. Insurance terms can be confusing and reading a policy is terribly boring. Below you’ll find the normal coverages found on most insurance policies.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses for things like funeral costs, pain medications, X-ray expenses and prosthetic devices. They are often used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Comprehensive insurance

This pays for damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims like falling objects, damage from getting keyed, hitting a bird and vandalism. The highest amount you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Coverage for uninsured or underinsured drivers

Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your Ford GT.

Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea. Most of the time the UM/UIM limits do not exceed the liability coverage limits.

Auto collision coverage

Collision coverage pays for damage to your GT resulting from a collision with another car or object. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers claims such as sustaining damage from a pot hole, scraping a guard rail and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. You can also choose a higher deductible to save money on collision insurance.

Liability coverage

This can cover damage or injury you incur to a person or their property in an accident. It protects you from claims by other people. Liability doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see liability limits of 100/300/100 that means you have a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property. Alternatively, you may have a combined limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage pays for claims like bail bonds, pain and suffering, structural damage and medical services. The amount of liability coverage you purchase is your choice, but consider buying as large an amount as possible.

Be a smart shopper

Throughout this article, we presented a lot of tips how to lower your 2017 Ford GT insurance rates. It’s most important to understand that the more times you quote, the better likelihood of reducing your rate. Drivers may discover the lowest rates come from some of the lesser-known companies. Regional companies may have significantly lower rates on certain market segments compared to the large companies like Allstate and Progressive.

As you shop your coverage around, it’s a bad idea to reduce needed coverages to save money. There have been many situations where an accident victim reduced full coverage only to regret at claim time they didn’t purchase enough coverage. The aim is to buy enough coverage at an affordable rate.

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