We don’t have to point out that fact that insurance companies don’t want customers comparing rates. People who compare price quotes are likely to switch to a new company because of the high probability of finding a lower rate. A survey found that people who compared prices regularly saved about $3,500 over four years compared to those who never shopped around for better prices.
If saving the most money on insurance in Jacksonville is your objective, learning how to quote prices and compare car insurance can save time, money, and frustration.
If you want to save money, the best way to find low-cost Ford Mustang insurance is to begin comparing prices regularly from providers who sell insurance in Jacksonville.
- Step 1: Spend some time learning about how auto insurance works and the measures you can control to keep rates in check. Many things that increase rates like tickets, at-fault accidents, and an imperfect credit history can be amended by making minor driving habit or lifestyle changes.
- Step 2: Request price quotes from direct, independent, and exclusive agents. Direct and exclusive agents can only quote rates from one company like GEICO and Allstate, while independent agents can provide prices for many different companies.
- Step 3: Compare the new rate quotes to your existing policy to see if a cheaper rate is available in Jacksonville. If you find a lower rate and switch companies, ensure there is no coverage lapse between policies.
- Step 4: Tell your current company to cancel your current auto insurance policy. Submit a down payment along with a completed application to the new insurer. Once the paperwork is finalized, put the certificate verifying coverage with your registration paperwork.
The critical component of shopping around is to use identical coverages on each quote request and and to look at as many carriers as you can. This helps ensure an accurate price comparison and the best price quote selection.
When quoting insurance, remember that getting more free quotes helps locate better pricing.
The providers in the list below can provide quotes in Jacksonville, FL. If multiple providers are shown, we recommend you visit two to three different companies in order to get a fair rate comparison.
Lower rates by qualifying for discounts
Some companies don’t always advertise all their discounts in an easy-to-find place, so the following list contains some of the best known and also the more inconspicuous credits that you can use to lower your rates.
- Home Ownership Discount – Owning a house in Jacksonville can earn you a little savings because owning a home means you have a higher level of financial diligence.
- Early Payment Discounts – If you pay your entire premium ahead of time rather than paying in monthly installments you may reduce your total bill.
- Theft Prevention System – Cars, trucks, and SUVs that have factory anti-theft systems are stolen with less frequency and will save you 10% or more on Mustang insurance in Jacksonville.
- Drivers Ed for Students – Cut your cost by having your teen driver complete a driver education course in school or through a local driver safety program.
- Safety Course Discount – Passing a course teaching defensive driver skills may get you a small discount if you qualify.
- Safety Restraint Discount – Using a seat belt and requiring all passengers to fasten their seat belts could cut 10% or more off PIP or medical payments premium.
Keep in mind that most discounts do not apply to the entire cost. Most cut the price of certain insurance coverages like collision or personal injury protection. Even though it appears adding up those discounts means a free policy, that’s just not realistic.
The diagram below illustrates the comparison of Ford Mustang car insurance rates with and without discounts applied to the policy rates. The premium estimates are based on a female driver, a clean driving record, no at-fault accidents, Florida state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-car, multi-policy, marriage, homeowner, and claim-free discounts applied.
A list of companies and their offered discounts include:
- Farm Bureau may offer discounts for safe driver, multi-policy, good student, renewal discount, and driver training.
- Liberty Mutual policyholders can earn discounts including new move discount, multi-policy, newly married, preferred payment discount, new vehicle discount, multi-car, and new graduate.
- State Farm offers discounts for safe vehicle, multiple autos, good driver, multiple policy, anti-theft, and driver’s education.
- Auto-Owners Insurance offers discounts including safe driver, student away at school, paid in full, teen driver, safe vehicle, and paperless.
- GEICO offers premium reductions for military active duty, multi-policy, driver training, membership and employees, and defensive driver.
- SAFECO has savings for homeowner, drive less, anti-lock brakes, bundle discounts, and teen safe driver.
When quoting, ask each insurance company how many discounts you can get. Savings may not be available in your area. To locate car insurance companies that can offer you the previously mentioned discounts in Jacksonville, click here to view.
Data for Ford Mustang insurance
The table below highlights different insurance costs for Ford Mustang models. Being aware of how insurance premiums are formulated can be valuable when making smart choices when choosing a car insurance company.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Mustang 2-Dr Convertible | $156 | $342 | $400 | $24 | $120 | $1,042 | $87 |
| Mustang 2-Dr Coupe | $156 | $342 | $500 | $30 | $150 | $1,178 | $98 |
| Mustang GT 2-Dr Convertible | $176 | $394 | $400 | $24 | $120 | $1,114 | $93 |
| Mustang GT 2-Dr Coupe | $176 | $394 | $500 | $30 | $150 | $1,250 | $104 |
| Mustang Shelby GT500 2-Dr Convertible | $196 | $498 | $400 | $24 | $120 | $1,238 | $103 |
| Mustang Shelby GT500 2-Dr Coupe | $216 | $550 | $500 | $30 | $150 | $1,446 | $121 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Florida minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, homeowner, and safe-driver. Estimates do not factor in vehicle location which can change insurance rates substantially.
Deductible comparison
One frequently asked question is how high or low should comp and collision deductibles be. The comparisons below may help to conceptualize the premium difference when you buy lower versus higher policy deductibles. The first set of prices uses a $100 physical damage deductible and the second price table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Mustang 2-Dr Convertible | $358 | $764 | $418 | $24 | $124 | $1,713 | $143 |
| Mustang 2-Dr Coupe | $358 | $764 | $522 | $30 | $156 | $1,855 | $155 |
| Mustang GT 2-Dr Convertible | $406 | $880 | $418 | $24 | $124 | $1,877 | $156 |
| Mustang GT 2-Dr Coupe | $406 | $880 | $522 | $30 | $156 | $2,019 | $168 |
| Mustang Shelby GT500 2-Dr Convertible | $452 | $1110 | $418 | $24 | $124 | $2,153 | $179 |
| Mustang Shelby GT500 2-Dr Coupe | $498 | $1226 | $522 | $30 | $156 | $2,457 | $205 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Mustang 2-Dr Convertible | $262 | $516 | $418 | $24 | $124 | $1,344 | $112 |
| Mustang 2-Dr Coupe | $262 | $516 | $522 | $30 | $156 | $1,486 | $124 |
| Mustang GT 2-Dr Convertible | $296 | $594 | $418 | $24 | $124 | $1,456 | $121 |
| Mustang GT 2-Dr Coupe | $296 | $594 | $522 | $30 | $156 | $1,598 | $133 |
| Mustang Shelby GT500 2-Dr Convertible | $330 | $750 | $418 | $24 | $124 | $1,646 | $137 |
| Mustang Shelby GT500 2-Dr Coupe | $364 | $828 | $522 | $30 | $156 | $1,900 | $158 |
| Get Your Own Custom Quote Go | |||||||
Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, multi-vehicle, and claim-free. Rate information does not factor in the specific area where the vehicle is garaged which can decrease or increase coverage prices considerably.
Based on these figures, using a $100 deductible will cost you approximately $37 more each month or $444 a year than selecting the higher $500 deductible. Because you would pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you have at a minimum 11 months between claim filings, you would probably come out ahead if you choose the higher deductible. The numbers below show a better example of how this decision is made.
| Average monthly premium for $100 deductibles: | $168 |
| Average monthly premium for $500 deductibles (subtract): | – $131 |
| Monthly savings from raising deductible: | $37 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $37 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 11 months |
An important thing to remember is that increasing deductibles to save money results in having to pay to pay more out-of-pocket when you have to file a claim. You should have enough money put aside in order to pay the higher deductible in order to repair your vehicle.
The information below shows how choosing a deductible and can increase or decrease Ford Mustang insurance premiums for different categories of driver ages. The premiums are based on a single female driver, comp and collision included, and no discounts are factored in.
Annual premiums comparing men and women
The illustration below illustrates the difference between Ford Mustang yearly insurance costs for male and female drivers. Data assumes no claims or violations, full physical damage coverage, $100 deductibles, drivers are single, and no discounts are applied.
Local Jacksonville insurance agencies
A small number of people still prefer to get advice from a local agent and doing that can be a smart decision The best thing about comparing insurance online is that drivers can save money and get lower rates and still buy from a local agent. And providing support for local insurance agencies is important especially in Jacksonville.
To make it easy to find an agent, after completing this short form, your information is sent to participating agents in Jacksonville that can provide free Jacksonville car insurance quotes for your insurance coverage. It makes it easy because there is no need to even leave your home because prices are sent to your email. You can get cheaper insurance rates AND an agent nearby. If you need to compare rates for a specific company, just visit that company’s website and complete a quote there.
Pick the best auto insurance agent in Jacksonville for you
If you are wanting to purchase insurance from a reliable agent, you need to know there are two different types of agents and how they function. Agents may be either independent or exclusive.
Independent Insurance Agents (or Brokers)
These type of agents are not employed by one company and that is an advantage because they can write policies with many different companies and possibly get better coverage at lower prices. If prices rise, they can switch companies in-house and you stay with the same agent. When comparing insurance rates, you will want to include rate quotes from several independent insurance agents in order to have the best price comparison.
Featured below is a short list of independent agencies in Jacksonville that may be able to provide free price quotes.
Erwin Insurance Agency-Beach
5243 Beach Blvd – Jacksonville, FL 32207 – (904) 391-1003 – View Map
Brightway Insurance
8206 Philips Hwy – Jacksonville, FL 32256 – (904) 527-3029 – View Map
First Network Insurance Agency
6180 Fort Caroline Rd #3 – Jacksonville, FL 32277 – (904) 743-3492 – View Map
Exclusive Insurance Agencies
Exclusive insurance agents can only write with one company and some examples include Allstate, Farmers Insurance or State Farm. They generally cannot provide other company’s prices so keep that in mind. Exclusive agents are highly trained in insurance sales which helps them compete with independent agents.
Listed below is a short list of exclusive insurance agents in Jacksonville that can give you comparison quotes.
Allstate Insurance: Jeff Bernard
7530 103rd St Ste 13 – Jacksonville, FL 32210 – (904) 777-3130 – View Map
Cam Anderson – State Farm Insurance Agent
4555 San Juan Ave – Jacksonville, FL 32210 – (904) 381-1206 – View Map
Jim Love – State Farm Insurance Agent
2730 College St – Jacksonville, FL 32205 – (904) 384-5000 – View Map
Choosing an auto insurance agent needs to be determined by more than just the price. Get answers to these questions too.
- Do you have coverage for a rental car if your vehicle is in the repair shop?
- By raising physical damage deductibles, how much would you save?
- Do the coverages you’re quoting properly cover your vehicle?
- Is there any savings for paying the full premium?
- Does the company have a local claim office in Jacksonville?
Upon receiving good answers to any questions you have as well as offering an affordable quote, you may have just found an insurance agent that meets your needs to provide insurance coverage.
The Ford Mustang Insurance Price Equation
Lots of factors are considered when pricing auto insurance. Some factors are common sense such as traffic violations, but some are not as apparent such as your credit history or your financial responsibility. Smart consumers have a good feel for the rating factors that aid in calculating the level of your policy premiums. When consumers understand what determines premiums, this enables you to make decisions that could help you find cheaper rates.
- Car insurance liability insurance limits – Liability coverage will afford coverage if you are found to be at fault for causing personal injury or damage in an accident. Liability insurance provides for a legal defense to defend your case. This coverage is very inexpensive compared to other policy coverages, so drivers should make sure they buy enough to cover all assets.
- Lower rates with GPS tracking and theft deterrents – Choosing to buy a car with an alarm system can help lower your premiums. Theft deterrent systems such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all help prevent auto theft and help lower rates.
- Premiums may be higher where you live – Residing in less populated areas may provide you with better prices if you are looking for the lowest rates. City drivers tend to have more traffic problems and much longer commute distances. Fewer drivers and short commutes means a lower chance of having an accident and also fewer theft and vandalism claims.
- Avoid car insurance policy lapses – Having a lapse in insurance coverage will be a quick way to increase your rates. Not only will you pay more, the inability to provide proof of insurance can result in a steep fine or even jail time.
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Your age impacts your premiums – Inexperience drivers are proven to be careless and easily distracted behind the wheel therefore car insurance rates are much higher. Parents adding a beginning driver onto your car insurance can break the bank. More experienced drivers are proven to be safer behind the wheel, file fewer claims, and receive fewer citations.
The chart below uses these variables: single driver, full coverage with $250 deductibles, and no discounts or violations.
- Safer vehicles save money – Safe vehicles tend to have lower insurance rates. These vehicles result in less severe injuries and any reduction in injury severity translates into fewer and smaller insurance claims which can mean better rates for you.
- Add-on coverages could be costing you – Insurance policies have a lot of additional coverages that you can buy on your car insurance policy. Coverage for things like coverage for rental cars, accident forgiveness, and membership fees may be wasting your money. They may seem good when buying your policy, but if you’ve never needed them in the past remove them from your policy.
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Insurance loss statistics a Ford Mustang – Insurance companies include the past claim trends for vehicles to calculate a price that will offset losses. Vehicles that the data determines to have a trend towards higher claim severity or frequency will be charged more to insure.
The table below demonstrates the insurance loss data used by companies for Ford Mustang vehicles. For each type of coverage, the claim amount for all vehicles, without regard to make or model, is represented as 100. Numbers shown that are under 100 indicate a favorable loss history, while values that are above 100 indicate frequent claims or an increased chance of a larger loss.
Ford Mustang Insurance Loss Statistics Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Ford Mustang 2dr 175 80 131 109 136 117 Ford Mustang GT 2dr 171 61 143 82 BETTERAVERAGEWORSEEmpty fields indicate not enough data collected
Statistics from IIHS.org for 2013-2015 Model Years
Three main reasons to buy auto insurance
Despite the potentially high cost of Ford Mustang insurance, buying auto insurance serves a purpose in several ways.
First, almost all states have mandatory insurance requirements which means you are required to buy a minimum amount of liability coverage in order to license the vehicle. In Florida these limits are 10/20/10 which means you must have $10,000 of bodily injury coverage per person, $20,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if you took out a loan on your Ford Mustang, almost all lenders will have a requirement that you buy full coverage to guarantee their interest in the vehicle. If you cancel or allow the policy to lapse, the bank will be required to insure your Ford at a much higher rate and require you to pay much more than you were paying before.
Third, auto insurance protects both your vehicle and your assets. It will also provide coverage for many types of medical costs for you, any passengers, and anyone injured in an accident. Liability insurance, one of your policy coverages, also pays expenses related to your legal defense if anyone sues you for causing an accident. If you receive damage to your vehicle caused by a storm or accident, comprehensive and/or collision insurance will pay all costs to repair after the deductible has been paid.
The benefits of buying auto insurance are definitely more than the cost, particularly for liability claims. The average driver in Florida is overpaying more than $855 a year so you should quote and compare rates once a year at a minimum to help ensure money is not being wasted.
You can find affordable coverage
When shopping online for car insurance, it’s a bad idea to skimp on critical coverages to save a buck or two. In many instances, drivers have reduced comprehensive coverage or liability limits and found out when filing a claim they didn’t have enough coverage. Your aim should be to find the BEST coverage at the best price.
Throughout this article, we presented a lot of ways to lower your Ford Mustang insurance auto insurance rates in Jacksonville. The key thing to remember is the more rate comparisons you have, the better your comparison will be. Consumers may even find the lowest auto insurance rates are with an unexpected company. They can often provide lower premium rates in certain areas than their larger competitors like Progressive or GEICO.
For more information, take a look at the resources below:
- Smart Auto Insurance Tips (Insurance Information Institute)
- Who Has Cheap Jacksonville Car Insurance Rates for Drivers with Good Credit? (FAQ)
- Who Has Affordable Jacksonville Auto Insurance for Electric Cars? (FAQ)
- Who Has Affordable Auto Insurance Quotes for High School Students in Jacksonville? (FAQ)
- What Car Insurance is Cheapest for a Nissan Altima in Jacksonville? (FAQ)
- Young Drivers: The High Risk Years Video (iihs.org)
- Rental Reimbursement Coverage (Allstate)
- How to Avoid Common Accidents (State Farm)