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Ford Mustang Insurance Rates

Drivers have lots of options when attempting to insure your Ford vehicle. You can buy from an insurance agent or price shop online to compare rates from insurance carriers. Buying car insurance by getting online quotes is simple to do, plus you may find lower rates.

Shopping online for car insurance can be difficult if you have never used online quoting. Don't let that stop you because we're going to show you how. The are a couple different ways of comparing rates from local car insurance companies. The fastest way to compare Mustang insurance quotes is to get quotes online. This can be done by comparing rates here.

Rates are impacted by the following

Insurance premiums for your Ford Mustang can fluctuate considerably subject to many criteria. Including but not limited to:

  • More performance equals higher cost
  • Accidents raise premiums
  • Multiple policies can save money
  • Pleasure, commuting or business use can affect rates
  • Add-on coverages such as rental reimbursement
  • Your job
  • Your coverage level
  • Home ownership saves money

One important consideration that helps determine your rates is the age of the vehicle. Older models have a lower value compared to new Ford models so the payout to repair can decrease annual premiums. On the flip side, newer vehicles have more advanced features like traction control, tire pressure monitors, a collision avoidance system, and a telematics system which may lower rates.

For you to have a better understanding of how much rates will be for your vehicle, select the year of your Mustang from the list below.

Liability

Mustang liability coverage can cover damage or injury you incur to other's property or people in an accident. Liability can pay for claims like pain and suffering, repair costs for stationary objects, and legal defense fees. This coverage is usually fairly inexpensive so buy as high a limit as you can afford.

Auto collision coverage

Collision insurance covers damage to your Ford resulting from colliding with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. You can also increase the deductible to get cheaper Mustang insurance rates.

Comprehensive or Other Than Collision

Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You need to pay your deductible first then your comprehensive coverage will pay. The most your car insurance company will pay is the market value of your vehicle, so if it's not worth much more than your deductible it's probably time to drop comprehensive insurance.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle's occupants when other motorists either are underinsured or have no liability coverage at all. Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. That's why carrying high Uninsured/Underinsured Motorist coverage is very important.

Medical costs insurance

Coverage for medical payments and/or PIP reimburse you for immediate expenses like EMT expenses, pain medications, and nursing services. They are often utilized in addition to your health insurance program or if you lack health insurance entirely. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay.

How Much are Ford Mustang Insurance Rates?