Mustang Car Insurance
No matter what iteration of the Ford Mustang you decide to buy, you should think about buying performance car insurance. This type of insurance is more specialized and it offers the most protection for your sports car. The GT Deluxe and Premium were shipped with 4.6 liter, 300 hp engines and a five speed manual gearbox. Both of the above models came with a 16-gallon fuel tank, and they achieved 17 mpg in the city and about 25 mpg on the highway. Automatic transmissions slightly dropped fuel mileage to 17 city/23 hwy. Traditional auto insurance put performance cars into the "high risk" category based on accident and theft rates, and the cost to replace certain parts.
While your state's laws will determine the amount of coverage you legally need, your insurer will recommend that you purchase a higher coverage amount. In many cases, the minimum amount offers inadequate coverage for your vehicle. To find out the minimum requirement in your state, visit your state's department of insurance website. The nation's average is a good place to start when determining your Mustang's insurance rate, but keep in mind that you probably won't pay that exact amount. Rates vary based on driver age, their record, their locale, and the way they use their car.
According to national data, the average premium for a Ford Mustang is about $1200 for the first year (classic cars however can get discounts!). During the second year, the premium drops slightly. For the third year, it drops a little more, and so on. To shop for performance auto insurance, you need to find providers that offer it. Searching online is the easiest way to find them; the NAIC offers objective information and comparisons.
Before you begin shopping, you need various identification information for your vehicle, as well as your driver's license. Defensive driving certification can get you up to a 15% discount on your coverage; other ways to save include the installation of various safety features, adding more vehicles to your policy, or bundling your home, auto and life coverage.