Cheapest 1995 Ford Mustang SVT Cobra Insurance Rates in 2024

Overwhelmed by the wide range of auto insurance options? Lot’s of other consumers are too. People have so many companies to choose from that it can turn into a real hassle to locate the lowest price.

Comparison of Insurance Coverage

There are several ways to compare Ford Mustang SVT Cobra insurance coverage prices but there is one way that is less labor-intensive and much quicker. You could waste time talking to insurance agencies in your area, or you can stay home and use online quotes to get the quickest rates.

Most major companies belong to a marketplace that allows shoppers to submit their information once, and each participating company returns a rated price based on the submitted data. This prevents consumers from doing repetitive form submissions to each company.

To use this form to compare 1995 Ford Mustang SVT Cobra insurance rates click to open in new window.

The one disadvantage to doing it this way is that consumers can’t choose which providers you want to price. So if you want to select specific insurance companies to compare rates, we put together a list of companies who write insurance coverage in your area. Click to view list.

It’s up to you which method you use, but make darn sure you compare the exact same deductibles and coverage limits for each price quote. If you enter different limits and deductibles on each one it will be impossible to determine which rate is truly the best. Having just a slight variation in limits can make a big difference in price. Keep in mind that quoting more gives you a better chance of getting a better price.

Is my situation unique?

When choosing coverage, there is no cookie cutter policy. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that may help highlight if your insurance needs may require specific advice.

• Do I benefit by insuring my home with the same company?
• Why do I need rental car insurance?
• Can I afford to buy a different vehicle if my 1995 Ford Mustang SVT Cobra is totaled?
• I have good health insurance, so how much medical payments coverage do I need?
• What is medical payments coverage?
• Does my policy pay for OEM or aftermarket parts?

If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with a licensed agent. To find an agent in your area, complete this form.

Auto insurance coverage options for a 1995 Ford Mustang SVT Cobra

Knowing the specifics of your auto insurance policy aids in choosing the right coverages at the best deductibles and correct limits. Auto insurance terms can be ambiguous and coverage can change by endorsement.

Liability car insurance

Liability coverage can cover damage or injury you incur to people or other property in an accident. This insurance protects YOU from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 50/100/50 which stand for a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property. Another option is a combined limit that pays claims from the same limit without having the split limit caps.

Liability coverage pays for claims like repair bills for other people’s vehicles, bail bonds and court costs. How much coverage you buy is your choice, but buy as large an amount as possible.

Medical expense coverage

Medical payments and Personal Injury Protection insurance kick in for immediate expenses like rehabilitation expenses, EMT expenses and nursing services. The coverages can be utilized in addition to your health insurance policy or if you are not covered by health insurance. They cover you and your occupants and will also cover any family member struck as a pedestrian. PIP coverage is not universally available but can be used in place of medical payments coverage

Uninsured or underinsured coverage

This protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family and damage to your Ford Mustang SVT Cobra.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Frequently the UM/UIM limits are similar to your liability insurance amounts.

Collision insurance

Collision insurance pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things such as hitting a mailbox, crashing into a building, backing into a parked car, rolling your car and sideswiping another vehicle. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

Comprehensive protection

Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive insurance covers claims like falling objects, damage from flooding, rock chips in glass, damage from getting keyed and damage from a tornado or hurricane. The most your auto insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Use our FREE quote tool to compare rates now!