View 2018 Ford Shelby GT350 Car Insurance Cost

Trying to find the cheapest car insurance rates for your Ford Shelby GT350? Are you sick and tired of paying out the nose to pay your car insurance bill each month? You’re in the same situation as many other drivers.

Companies like Progressive, Geico and Farmers Insurance all claim big savings, bombarding you with ads and it is challenging if not impossible to ignore the flashy ads and effectively compare rates to find the best deal.

It’s a good idea to check car insurance prices periodically because prices trend upward over time. Despite the fact that you may have had the best deal on Shelby GT350 insurance six months ago you can probably find a better premium rate now. Forget anything you know (or think you know) about car insurance because we’re going to show you the easiest way to remove unneeded coverages and save money.

The easiest way to compare car insurance company rates utilizes the fact almost all companies participate in online systems to give you rate quotes. The only thing you need to do is provide the companies a bit of rating information such as whether the vehicles are used for commuting, the year, make and model of vehicles, if you are currently licensed, and daily mileage. The data is automatically sent to many different companies and they return cost estimate instantly.

You may qualify for discounts

Insurance coverage is not inexpensive, but companies offer discounts that may help make it more affordable. Certain credits will be shown at the time of quoting, but some discounts are required to be requested specifically in order for you to get them.

• Policy Bundle Discount – If you can bundle your auto and home insurance with the same company you may save at least 10 to 15 percent or more.
• Early Renewal Discounts – Select larger companies give a discount for buying a new policy prior to your current policy expiration. You could save around 10% when you buy insurance online.
• Seat Belt Discounts – Requiring all passengers to buckle their seat belts can save up to 15% on medical payment and PIP coverage.
• Low Mileage – Fewer annual miles on your Ford can qualify you for lower rates due to less chance of an accident.
• Passenger Safety Discount – Vehicles equipped with air bags or motorized seat belts can qualify for discounts of 25 to 30%.
• Onboard Data Collection – Drivers who elect to allow driving data submission to study when and where they use their vehicle by using a telematics device such as Drivewise from Allstate or Snapshot from Progressive could possibly reduce rates if they have good driving habits.
• Accident Free – Drivers who stay claim-free are rewarded with significantly better rates on insurance quote in comparison to drivers who are more careless.
• Good Student Discount – Excelling in school can get you a discount of up to 25%. Most companies allow this discount up to age 25.
• Theft Prevention Discount – Cars that have factory anti-theft systems are stolen less frequently and that can save you a little bit as well.

A little disclaimer on discounts, most discount credits are not given the the whole policy. Most only reduce individual premiums such as liability, collision or medical payments. Despite the fact that it seems like it’s possible to get free car insurance, you won’t be that lucky.

To see a list of insurers with significant discounts, click this link.

There’s no such thing as the perfect auto insurance policy

When it comes to buying adequate coverage, there really is not a one size fits all plan. Everyone’s needs are different so your insurance needs to address that. Here are some questions about coverages that may help highlight if your situation will benefit from professional help.

• Do I need to file an SR-22 for a DUI in my state?
• Why am I required to buy high-risk coverage?
• Does my policy pay for OEM or aftermarket parts?
• Is my business laptop covered if it gets stolen from my vehicle?
• What vehicles should carry emergency assistance coverage?
• Will my rates increase for filing one claim?
• What are the best liability limits?
• What companies insure drivers after a DUI or DWI?
• Am I covered if my car is in a flood?

If you’re not sure about those questions then you might want to talk to an agent. If you don’t have a local agent, complete this form or click here for a list of auto insurance companies in your area.

Insurance policy coverages for a Ford Shelby GT350

Learning about specific coverages of a insurance policy can be of help when determining which coverages you need for your vehicles. Insurance terms can be ambiguous and coverage can change by endorsement. These are typical coverage types found on the average insurance policy.

Medical expense coverage

Coverage for medical payments and/or PIP kick in for bills for dental work, doctor visits, X-ray expenses, rehabilitation expenses and prosthetic devices. They can be used in conjunction with a health insurance policy 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. PIP coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Liability

This can cover damage that occurs to a person or their property that is your fault. It protects you against claims from other people. It does not cover your injuries or vehicle damage.

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 50/100/50 which means $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property. Occasionally you may see a combined single limit or CSL which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage pays for claims such as attorney fees, medical services, court costs, repair costs for stationary objects and repair bills for other people’s vehicles. The amount of liability coverage you purchase is your choice, but buy as much as you can afford.

Comprehensive protection

Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive can pay for things such as a tree branch falling on your vehicle, rock chips in glass, damage from flooding, a broken windshield and hail damage. The maximum amount a insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Collision protection

Collision coverage pays to fix your vehicle from damage resulting from colliding with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like sustaining damage from a pot hole, hitting a mailbox and sideswiping another vehicle. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to increase the deductible to get cheaper collision coverage.

Uninsured or underinsured 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. This coverage pays for hospital bills for your injuries as well as damage to your Ford Shelby GT350.

Due to the fact that many drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Normally your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Be a money saver!

When trying to cut insurance costs, never buy poor coverage just to save money. There are many occasions where consumers will sacrifice comprehensive coverage or liability limits only to regret that it was a big error on their part. Your focus should be to buy a smart amount of coverage at the best cost, but don’t skip important coverages to save money.

We just showed you a lot of tips how to reduce 2018 Ford Shelby GT350 insurance car insurance rates online. The key concept to understand is the more rate quotes you have, the better likelihood of getting low cost insurance. You may be surprised to find that the best car insurance rates are with a lesser-known regional company. Smaller companies may only write in your state and offer lower premium rates than the large multi-state companies such as Allstate or State Farm.

Additional detailed information can be read at these sites:

• Medical Payments Coverage (Liberty Mutual)
• Safety Belts FAQ (iihs.org)
• Booster Seat Ratings (iihs.org)
• What is a Telematics Device? (Allstate)