Car Insurance Quotes for a Ford Mustang in Sacramento

It takes a few minutes, but the best way to get more affordable Ford Mustang insurance in Sacramento is to compare prices at least once a year from insurers who provide car insurance in California.

First, try to learn about how companies set rates and the factors you can control to keep rates low. Many risk factors that increase rates such as getting speeding tickets and an imperfect credit history can be eliminated by making minor changes to your lifestyle. This article gives information to prevent high prices and earn a bigger discount.

Second, request price quotes from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can provide rates from a single company like GEICO or Farmers Insurance, while independent agencies can provide rate quotes from multiple insurance companies.

Third, compare the quotes to your existing coverage to see if a cheaper rate is available in Sacramento. If you find a lower rate and buy the policy, verify that coverage does not lapse between policies.

One thing to point out is to make sure you’re comparing the same amount of coverage on every quote and and to look at as many car insurance companies as possible. Doing this guarantees an apples-to-apples comparison and a complete selection of prices.

It’s an obvious assumption that auto insurance companies don’t want you to compare rates. People who shop for lower rates are very likely to buy a new policy because there is a great chance of finding good coverage at a lower price. A recent survey found that consumers who regularly shopped around saved on average $3,450 over four years compared to those who never shopped for cheaper rates.

If finding the cheapest rates on car insurance is your ultimate objective, knowing how to find companies and compare cheaper coverage can make the process more efficient.

Finding the cheapest coverage in Sacramento is easy if you know what you’re doing. Nearly anyone who is overpaying for insurance should find a better price. But California car owners do need to learn how companies sell insurance online and use it to your advantage.

Affordable Ford insurance price quotes in Sacramento

The providers in the list below have been selected to offer comparison quotes in Sacramento, CA. To find cheap car insurance in Sacramento, it’s highly recommended you visit two to three different companies in order to find the lowest rates.

Insurance data for a Ford Mustang

The premium information shown next highlights estimates of insurance costs for Ford Mustang models. Having knowledge of how rates are figured is important for drivers to make decisions on the best policy coverages.

Data based on single female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, claim-free, and multi-policy. Price estimates do not factor in vehicle garaging location which can raise or lower price quotes significantly.

Higher deductibles save money

One frequently asked question is how high should the physical damage coverage deductibles be. The rates below can help illustrate the cost difference when you select higher and lower policy deductibles. The first set of rates uses a $100 deductible for comp and collision and the second price table uses a $1,000 deductible.

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-policy, and multi-vehicle. Table data does not factor in garaging location in Sacramento which can raise or lower premiums noticeably.

We can derive from the above data that using a $100 deductible costs an average of $58 more each month or $696 each year across all Ford Mustang models than buying the higher $1,000 deductible. Since the policyholder would be required to pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you usually have more than 16 months between claims, you would more than likely save some money if you choose a higher deductible. Here is the way you can make this decision for your own policy.

One important issue to know is that increasing deductibles to save money means you will have to pay more when you have a claim. That will necessitate enough disposable income in the event you have to pay the deductible for vehicle repair.

The chart below shows how choosing a deductible and can change Ford Mustang yearly insurance costs for each age group. The data assumes a married male driver, comp and collision included, and no discounts are applied to the premium.

Insurance rate increases from tickets or accidents

The chart below shows how traffic citations and at-fault accidents drive up Ford Mustang auto insurance costs for different age categories. The prices are based on a married male driver, comprehensive and collision coverage, $1,000 deductibles, and no discounts are factored in.

Rate comparison of males versus females

The diagram below shows the comparison of Ford Mustang auto insurance costs for male and female drivers. The rates are based on no claims or driving citations, full coverage, $1,000 deductibles, drivers are single, and no other discounts are factored in.

Ford Mustang full coverage rates compared to liability only

The information below shows the comparison of Ford Mustang annual premium costs with and without full coverage. The information is based on a clean driving record, no claims, $1,000 deductibles, marital status is single, and no discounts are factored in.

When to stop buying physical damage coverage

There is no definitive formula for dropping comp and collision coverage, but there is a broad guideline. If the annual cost of coverage is more than 10% of the vehicle’s replacement cost less your deductible, then it may be the right time to buy liability only.

For example, let’s pretend your Ford Mustang book value is $4,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled in an accident, the most you would get paid by your company is $3,000 after the policy deductible has been paid. If it’s costing you more than $300 a year for comprehensive and collision coverage, then you might want to think about dropping full coverage.

There are some situations where removing full coverage is not recommended. If you still have a loan on your vehicle, you have to maintain full coverage as part of the loan requirements. Also, if your finances do not allow you to purchase a different vehicle in case of an accident, you should maintain full coverage.

Don’t overlook these Ford Mustang insurance discounts

The cost of insuring your cars can be expensive, but companies offer discounts that can dramatically reduce your bill. A few discounts will be applied at the time of purchase, but some must be specially asked for before being credited.

• Clubs and Organizations – Affiliation with a professional or civic organization can get you a small discount when shopping for car insurance.
• Use Seat Belts – Drivers who always wear seat belts and also require passengers to buckle their seat belts may be able to save a few bucks off PIP or medical payments premium.
• Discounts for Good Drivers – Insureds without accidents can save up to 40% or more on their Sacramento car insurance quote than drivers with accident claims.
• Own a Home – Simply owning a home can get you a discount since home ownership is proof that your finances are in order.
• Employee of Federal Government – Employees or retirees of the government can save as much as 8% depending on your car insurance provider.
• Theft Prevention Discount – Cars and trucks equipped with anti-theft or alarm systems are stolen with less frequency and qualify for as much as a 10% discount.
• Military Deployment Discount – Being deployed with a military unit could qualify you for better premium rates.
• Low Mileage Discounts – Driving fewer miles can qualify you for slightly better prices than normal.
• Discounts for Multiple Vehicles – Buying a policy with several vehicles on the same car insurance policy could earn a price break for each car.
• Good Student Discount – Being a good student can save 20 to 25%. Most companies allow this discount well after school through age 25.

As a sidenote, most credits do not apply to the whole policy. Some only apply to the cost of specific coverages such as liability and collision coverage. Even though it appears having all the discounts means you get insurance for free, you aren’t that lucky. But all discounts will help reduce the cost of your policy.

The information below illustrates the difference between Ford Mustang annual premium costs with and without discounts being applied to the rates. The information is based on a female driver, no violations or claims, California state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, multi-policy, claim-free, marriage, safe-driver, and homeowner discounts applied.

Large car insurance companies and their possible discounts are detailed below.

• GEICO policyholders can earn discounts including emergency military deployment, anti-theft, seat belt use, multi-policy, and military active duty.
• MetLife offers premium reductions for defensive driver, multi-policy, claim-free, accident-free, and good student.
• State Farm offers discounts for passive restraint, good driver, good student, anti-theft, multiple autos, and accident-free.
• Progressive includes discounts for online signing, continuous coverage, homeowner, multi-policy, good student, online quote discount, and multi-vehicle.
• Mercury Insurance has discounts for age of vehicle, low natural disaster claims, type of vehicle, location of vehicle, and multi-car.
• 21st Century may have discounts that include teen driver, homeowners, theft prevention, automatic seat belts, and student driver.
• Allstate may include discounts for senior citizen, multi-policy, passive restraint, good student, and safe driver.

Double check with every prospective company to give you their best rates. Depending on the company, some discounts might not be offered everywhere. If you would like to view car insurance companies who offer discounts in California, click this link.

Why Informed Drivers Pay Less for Ford Mustang Insurance

Multiple criteria are part of the equation when pricing auto insurance. Some factors are common sense like your driving record, but some are not quite as obvious like your continuous coverage or your commute time. A large part of saving on insurance is knowing the different types of things that help determine your policy premiums. If you know what impacts premium levels, this enables you to make decisions that will entitle you to lower premium levels.

The list below includes most of the major factors companies use to determine your rate level.

Insurance rates and vehicle performance – The performance of the car, truck or SUV you are trying to find cheaper insurance for makes a big difference in the rate you pay. Economy passenger cars receive the most favorable rates, but the cost you end up paying is determined by many additional factors.

The next chart is based on a married female driver age 30, full coverage with $1000 deductibles, and no discounts or violations. The chart compares Ford Mustang car insurance rates compared to other vehicles that have different risk factors.

Certain occupations raise premiums – Careers such as judges, air traffic controllers, and emergency personnel tend to have higher rates than average because of intense work-related stress and lots of time spent away from family. On the flip side, occupations like actors, historians and the unemployed have the lowest average rates.

Buy as much liability as you can afford – Liability insurance will protect you if you are found liable for causing damage or personal injury in an accident. Liability provides for a legal defense to defend your case. This coverage is very inexpensive compared to other policy coverages, so do not cut corners here.

Your address can impact rates – Living in less populated areas can be a good thing when it comes to insurance. Fewer drivers on the road means fewer accidents as well as less vandalism and auto theft. People who live in big cities regularly have more traffic problems and much longer commute distances. Spending more time driving statistically corresponds to a higher accident and claim rate.

Ford Mustang historical loss data – Insurers factor in insurance loss information as a way to help calculate a profitable premium price. Vehicles that are shown to have higher loss trends will cost more to insure. The table below demonstrates the insurance loss data used by companies for Ford Mustang vehicles.

For each policy coverage type, the statistical loss for all vehicles, regardless of manufacturer or model, is set at 100. Percentages below 100 indicate a favorable loss history, while values that are 100 or greater indicate higher probability of having a loss or an increased probability of a larger loss.

Local Sacramento insurance agents and auto insurance

Certain consumers would prefer to have an agent’s advice and that is OK! An additional benefit of comparing auto insurance online is that you can find the lowest rates and also buy local. Buying insurance from local insurance agencies is important especially in Sacramento.

Upon completion of this short form, your coverage information is transmitted to insurance agents in Sacramento who will give you bids and help you find cheaper coverage. There is no reason to even leave your home due to the fact that quote results will go straight to your inbox. You’ll get the best rates without the usual hassles of price shopping. If you have a need to get a comparison quote from a specific auto insurance provider, you would need to jump over to their website to submit a rate quote request.

If you want to use a good insurance agency, there are two different agency structures and how they work. Insurance agencies in Sacramento are classified as either exclusive or independent.

Independent Auto Insurance Agencies

Agents of this type are normally appointed by many insurers so they can quote policies through many different auto insurance companies and help determine which has the cheapest rates. If they find a lower price, the agent simply finds a different carrier and you stay with the same agent.

When comparison shopping, we highly recommend that you include price quotes from several independent insurance agents to have the most options to choose from.

Listed below is a list of independent agencies in Sacramento that may be able to give you free auto insurance rate quotes.

More insurance agents

Exclusive Insurance Agencies

Agents in the exclusive channel generally can only insure with one company and examples are State Farm, AAA, Farmers Insurance or Allstate. They generally cannot compare rates from other companies so it’s a take it or leave it situation. Exclusive agents are well schooled on what they offer which can be an advantage.

Below is a short list of exclusive agencies in Sacramento willing to provide comparison quotes.

More insurance agents

Selecting an insurance agency requires more thought than just a cheap price. Any good agent in Sacramento should know the answers to these questions.

• Are aftermarket or OEM parts used to repair vehicles?
• What are their preferred companies if they are an independent agency?
• How many years have they been established?
• Do you qualify for any additional discounts?
• Does the company allow you to choose your own collision repair facility?
• How much training do they have in personal risk management?
• Has the agent ever had any license suspensions?
• If you are a high risk driver, do they have special markets for your coverage?

Be persistent and save

We just showed you many ways to lower your Ford Mustang insurance premium rates in Sacramento. It’s most important to understand that the more providers you compare, the better your chances of lowering your prices. Consumers may even find the most savings is with a small local company. These smaller insurers can often insure niche markets at a lower cost than the large multi-state companies such as Allstate and Progressive.

Budget-friendly insurance in Sacramento can be bought on the web in addition to local insurance agencies, and you should compare rates from both to have the best chance of lowering rates. A few companies don’t offer rates over the internet and usually these small insurance companies sell through independent agents.

To read more, link through to the articles below:

• Crash Avoidance Technologies FAQ (iihs.org)
• Who Has Affordable Car Insurance Quotes for College Graduates in Sacramento? (FAQ)
• Neck Injury FAQ (iihs.org)
• Senior Drivers (Insurance Information Institute)
• Coverage Information (Progressive Insurance)