Houston buyers have many options when searching for the lowest priced Ford Mustang insurance. You can either spend your time driving around getting price quotes or utilize the internet to make rate comparisons.
There are more efficient ways to buy car insurance so we’re going to tell you the absolute fastest way to quote coverages for a new or used Ford and obtain the lowest possible price from both online companies and Houston agents.
You should make it a habit to do price comparisons on a regular basis since insurance prices trend upward over time. If you had the lowest price for Mustang coverage two years ago there may be better deals available now. Forget all the misinformation about car insurance because I’m going to let you in on the secrets to how to use online quotes to buy cheaper car insurance.
This information will teach you how to effectively get price quotes and some tricks to saving. If you currently have a car insurance policy, you will be able to reduce your rates substantially using these techniques. Texas drivers just need to understand how to compare rates online.
Pay discount rates these discounts
Companies that sell car insurance do not advertise every possible discount very well, so the below list has some of the best known in addition to some of the lesser obvious savings tricks you should be using when you .
- Waiver for an Accident – but a handful of insurance companies will let one accident slide before they charge you more for coverage if you are claim-free for a specific time period.
- Braking Control Discount – Cars, trucks, and SUVs that have anti-lock braking systems can avoid accidents and will save you 10% or more.
- Discount for Home Ownership – Owning your own home or condo can help you save on car insurance due to the fact that maintaining a home is proof of financial responsibility.
- Air Bags and Passive Restraints – Options like air bags or automatic seat belts can receive discounts up to 30%.
- Save with a New Car – Putting insurance coverage on a new car is cheaper because new vehicles are generally safer.
- Driver’s Education for Students – It’s a good idea to have your young drivers successfully complete driver’s ed class in school or through a local driver safety program.
- Federal Government Employee – Federal government employees could provide a small rate reduction for Mustang coverage depending on your company.
- Data Collection Discounts – Insureds that choose to allow data collection to spy on when and where they use their vehicle by using a small device installed in their vehicle such as Snapshot from Progressive or Drivewise from Allstate may see discounts if they show good driving skills.
- Good Grades Discount – Being a good student can get you a discount of up to 25%. The good student discount can last up to age 25.
One thing to note about discounts is that some of the credits will not apply to the entire cost. Most only reduce individual premiums such as collision or personal injury protection. If you do the math and it seems like you would end up receiving a 100% discount, companies don’t profit that way.
A few popular companies and some of their more popular discounts include:
- State Farm offers discounts for Steer Clear safe driver discount, good driver, multiple policy, good student, and safe vehicle.
- GEICO offers premium reductions for anti-lock brakes, defensive driver, good student, military active duty, multi-policy, and air bags.
- SAFECO may include discounts for teen safety rewards, anti-theft, teen safe driver, multi-car, and anti-lock brakes.
- Farmers Insurance has discounts for switch companies, homeowner, early shopping, bundle discounts, and mature driver.
- AAA offers discounts including AAA membership discount, multi-policy, pay-in-full, good student, multi-car, and anti-theft.
- USAA discounts include multi-policy, multi-vehicle, loyalty savings, family discount, and military installation.
Check with all companies you are considering which discounts you may be entitled to. Some of the earlier mentioned discounts may not be available in every state. For a list of companies with significant discounts in Houston, click this link.
All the larger car insurance companies such as GEICO, State Farm and Progressive provide coverage prices direct online. Obtaining pricing can be done by anyone as you just enter your coverage preferences as detailed in the form. When the form is submitted, the company’s rating system requests credit information and your driving record and gives you a price quote based on many factors.
Online price estimates makes comparing rates easy, but having to visit multiple sites and enter the same data into a form is a waste of time. But it’s very important to compare as many rates as possible if you want to find the lowest price.
The easiest way to lower your car insurance bill is to use a quote form to return rates from more than one company. It saves time, eliminates form submissions, and makes online price comparison much more enjoyable. Once the form is submitted, it is rated with multiple companies and you can pick any of the quote results.
If a lower price is quoted, you simply finish the application and purchase coverage. The whole process takes 15 minutes at the most and you will find out if you’re overpaying now.
To compare rates now, click here to open in a new tab and enter your information. If you have a policy now, it’s recommended you replicate deductibles and limits as shown on your current policy. Using the same limits helps guarantee you will be getting an apples-to-apples comparison for similar insurance coverage.
Lower Your Houston Insurance Rates
Part of the car insurance buying process is learning the rating factors that aid in calculating your premiums. If you know what influences your rates, this enables informed choices that could result in lower rates.
The factors shown below are some of the items companies use to determine your rates.
- Where you reside – Being located in a small town can save you money when buying car insurance. Less people means less chance of accidents as well as less vandalism and auto theft. Drivers in populated Texas areas have to deal with more aggressive driving styles and a longer drive to work. Spending more time driving means more chance of being in an accident.
- Lower miles equals lower premium – The higher the miles on your Ford annually the more you’ll pay to insure your vehicle. The majority of insurers apply a rate based on their usage. Cars that sit idle most of the time qualify for better rates than vehicles that have high annual mileage. Verify your declarations sheet reflects the proper vehicle usage, because improper ratings can cost you money. Having the wrong rating on your Mustang can cost quite a bit.
- Save money by having good credit – Credit score is a large factor in determining premium rates. So if your credit history is low, you may save money insuring your Ford Mustang by spending a little time repairing your credit. Insureds with very good credit scores tend to be better risks to insure than drivers with poor credit scores.
- Cars with good safety ratings means cheaper insurance – Vehicles that have high safety ratings tend to have better insurance rates. Safe vehicles have better occupant injury protection and better occupant protection translates directly to fewer claims and more competitive rates for policyholders.
- Low deductibles can be expensive – Protection for physical damage, also called ‘full coverage’, is used to repair damage to your vehicle. Examples of some claims that would be covered are a broken side mirror, flood damage, and having your car stolen. Deductibles for physical damage are how much you are willing to pay out-of-pocket before a claim is paid by your company. The more of the claim you are required to pay out-of-pocket, the bigger discount you will receive for Mustang coverage.
- How’s your driving record? – Careful drivers get better prices than people who have multiple driving citations. Only having one speeding ticket may increase your cost by as much as twenty percent. Drivers who have gotten dangerous violations such as DUI, reckless driving or excessive speeding may be required to file a proof of financial responsibility form (SR-22) with their state in order to prevent their license from being revoked.
- Car insurance rates and your vocation – Do you work in a high-stress field? Occupations like real estate brokersairline pilots and dentists have higher premiums than the average policyholder in part from job stress and lots of time spent away from family. Conversely, jobs like professors, historians and performers have the lowest average rates for Mustang coverage.
- Premiums for guys may be higher – Statistics demonstrate that females tend to be a little less risky than males. Now that doesn’t mean women are BETTER drivers than men. Both genders have at-fault accidents at a similar rate, but guys cause more damage and cost insurance companies more money. Not only are claims higher, but men get more serious tickets such as driving while intoxicated (DWI) or driving recklessly.
Are insurance agencies used anymore?
Many people would prefer to sit down and talk to an agent and that is OK! Experienced insurance agents can help determine the best coverages and will help you if you have claims. A good thing about getting free rate quotes online is you may find better rates and still have an agent to talk to. Buying from and supporting small agencies is important especially in Houston.
Upon completion of this form (opens in new window), your coverage information is sent to agents in your area that can give you for your business. You don’t have to leave your computer due to the fact that quote results will go to you instantly. In the event you want to get a rate quote from a specific company, you just need to search and find their rate quote page and submit a quote form there.
Best auto insurance agent in Houston
If you would like to find a good Houston insurance agent, it can be helpful to understand the types of agencies and how they can quote your rates. Car insurance agents in Houston can be categorized as either independent agents or captive agents. Either one can properly insure your vehicles, but it’s a good idea to understand the difference between them because it can impact buying decisions.
Independent Insurance Agents
Agents of this type often have many company appointments and that is an advantage because they can write policies amongst many companies and help determine which has the cheapest rates. If you are not satisfied with one company, the business is moved internally and you stay with the same agent. When comparing rate quotes, you will want to compare quotes from independent agents to get the most accurate price comparison. A lot of them also have access to different regional companies which can be an advantage.
Captive Car Insurance Agencies
These agents are contracted to one company like Farmers Insurance, Allstate, or State Farm. Captive agencies are unable to provide prices from multiple companies so you need to shop around if the rates are high. These agents are well schooled on their products and sales techniques which helps them sell on service rather than price. Consumers often choose to use a captive agent primarily because of the brand name and strong financial ratings.
Deciding on an car insurance agent is decision based upon more than just a cheap price quote. Any agent should be willing to answer these questions.
- Do they have designations such as AIC, CPCU, or CIC?
- Will the agent help in case of a claim?
- Are they primarily personal or commercial lines agents?
- When do they do policy reviews?
- How long have they been in business?
- Will your rates increase after a single accident?
- How are they compensated?
Beware of misleading car insurance ads
Texas drivers can’t avoid all the ads that claim the cheapest premium rates by companies like GEICO, State Farm and Progressive. They all make an identical promise about savings if you change your car insurance policy to them.
But how can every company cost less than your current company? It’s all in the words they use.
Insurance companies quote the lowest rates for the right customer that earns them the highest profit. For instance, a desirable risk could possibly be between the ages of 40 and 55, has a low-risk occupation, and has excellent credit. Any person who fits those characteristics gets the lowest auto insurance rates and most likely will save some money.
Potential customers who do not meet the ideal profile must pay a higher rate which results in the customer not purchasing. If you listen closely, the ads state “customers that switch” not “all people who quote” save money. That’s the way insurance companies can make those claims.
This really illustrates why you need to get a wide range of price quotes. It’s not possible to predict which car insurance company will be your best fit.
Smart shoppers get results
Drivers change insurance companies for a number of reasons such as policy non-renewal, questionable increases in premium, policy cancellation and even high rates after DUI convictions. It doesn’t matter what your reason, switching companies is pretty simple and you could end up saving a buck or two.
Throughout this article, we presented many ideas to lower your Ford Mustang insurance premium rates. The key thing to remember is the more quotes you get, the higher your chance of finding . Consumers could even find that the lowest priced car insurance comes from a lesser-known regional company.
As you restructure your insurance plan, don’t be tempted to skimp on critical coverages to save a buck or two. There are a lot of situations where an insured dropped physical damage coverage only to regret that the small savings ended up costing them much more. Your aim should be to purchase plenty of coverage at the lowest possible cost, not the least amount of coverage.
Consumer car insurance information in Texas
More information is available on the Texas Department of Insurance website. Click here for link. Texas consumers can learn about insurance regulations, read industry bulletins, and download brochures.
The following information may also be useful.