2021 Ford GT Insurance Quotes in 2024 – 7 Tips for Cheapest Rates

Searching for low-cost insurance for a new or used Ford GT can normally be difficult, but you can learn the following methods to make it easier. There are more efficient ways to compare auto insurance rates so we’re going to tell you the absolute fastest way to compare rates on a Ford and locate the cheapest rates from both online companies and local agents.

The quickest method to compare rate quotes is to understand most insurance companies pay for the opportunity to give rate comparisons. The one thing you need to do is spend a couple of minutes providing details including the ages of drivers, whether you are single or married, how many miles driven, and what you do for a living. Your information is instantly sent to multiple insurance providers and you will get price comparisons instantly to find the best rate.

To compare multiple company rates now, click here and see if a lower rate is available.

Slash your insurance rates with these seven discounts

Properly insuring your vehicles can get expensive, but you might be missing out on some discounts to reduce the price significantly. Certain discounts will be applied when you purchase, but occasionally some discounts must be manually applied prior to getting the savings. If you do not double check each discount you deserve, you could be paying more than you need to.

• Discount for Passive Restraints – Vehicles equipped with air bags or automatic seat belts can qualify for discounts as much as 30%.
• Pay Upfront and Save – If paying your policy premium upfront rather than spreading payments over time you could save 5% or more.
• Drivers Ed for Students – Make teen driver coverage more affordable by requiring them to successfully take a drivers education course if offered at their school.
• Renewal Discounts – Some insurance companies provide a discount for buying a new policy prior to your current policy expiring. It could save around 10% when you buy insurance online.
• Federal Employees – Active or former government employment may reduce rates when you quote insurance on GT coverage with certain companies.
• Club Memberships – Participating in qualifying clubs or civic groups could trigger savings on your next renewal.
• Claim Free – Drivers who don’t have accidents pay less as compared to drivers with a long claim history.

As a sidenote, some credits don’t apply to the overall cost of the policy. The majority will only reduce the price of certain insurance coverages like liability, collision or medical payments. Even though it may seem like it’s possible to get free car insurance, insurance companies aren’t that generous.

A list of companies and the discounts they provide are:

• 21st Century has discounts for student driver, driver training, early bird, theft prevention, and automatic seat belts.
• State Farm may include discounts for safe vehicle, defensive driving training, student away at school, anti-theft, passive restraint, Drive Safe & Save, and accident-free.
• AAA offers discounts for education and occupation, good student, good driver, multi-policy, and AAA membership discount.
• Liberty Mutual may have discounts that include teen driver discount, newly married, safety features, hybrid vehicle, and new graduate.
• Progressive includes discounts for multi-policy, continuous coverage, good student, online signing, multi-vehicle, homeowner, and online quote discount.

It’s a good idea to ask each insurance company which discounts you may be entitled to. Some of the discounts discussed earlier might not apply in your state. To locate insurance companies that offer discounts, enter your zip code here.

You are unique and your insurance coverage should be too

When it comes to buying the right insurance coverage for your personal vehicles, there really is no “perfect” insurance plan. Each situation is unique.

For example, these questions could help you determine whether you could use an agent’s help.

• How high should my uninsured/underinsured coverage be in my state?
• Why do I need rental car insurance?
• Should I have a commercial auto policy?
• Can I drive in Mexico and have coverage?
• Exactly who is provided coverage by my policy?
• Is my custom paint covered by insurance?
• Are my friends covered when driving my car?
• Is my dog or cat covered if injured in an accident?
• Am I covered when pulling a rental trailer?
• When can my company non-renew my policy?

If you can’t answer these questions but you know they apply to you, then you may want to think about talking to an agent. If you don’t have a local agent, complete your zip code. It only takes a few minutes and can provide invaluable advice.

Specific coverages for a Ford GT

Learning about specific coverages of car insurance aids in choosing which coverages you need and proper limits and deductibles. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording.

Collision coverage

Collision insurance pays for damage to your GT from colliding with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers claims such as hitting a parking meter, crashing into a building, sideswiping another vehicle and rolling your car. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. Another option is to raise the deductible to get cheaper collision coverage.

Liability auto insurance

This will cover damages or injuries you inflict on other people or property by causing an accident. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 100/300/100 that translate to $100,000 bodily injury coverage, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property.

Liability insurance covers things such as legal defense fees, funeral expenses, emergency aid and pain and suffering. How much liability should you purchase? That is your choice, but consider buying as high a limit as you can afford.

Protection from uninsured/underinsured drivers

This coverage gives you protection when other motorists are uninsured or don’t have enough coverage. It can pay for injuries to you and your family as well as damage to your Ford GT.

Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Medical expense insurance

Medical payments and Personal Injury Protection insurance kick in for immediate expenses for prosthetic devices, ambulance fees, pain medications and nursing services. They are often utilized in addition to your health insurance program or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay

Comprehensive (Other than Collision)

Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive insurance covers things like rock chips in glass, a broken windshield and vandalism. The maximum payout a car insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Money doesn’t grow on trees

You just read quite a bit of information on how to save on 2021 Ford GT insurance. The key concept to understand is the more rate quotes you have, the better your comparison will be. Consumers may even find the most savings is with a small local company.

Budget-friendly insurance coverage can be sourced both online and with local insurance agents, so you need to quote insurance with both to have the best rate selection. Some insurance coverage companies may not provide online rate quotes and many times these regional insurance providers only sell coverage through independent agents.

When trying to cut insurance costs, you should never buy poor coverage just to save money. In many cases, consumers will sacrifice comprehensive coverage or liability limits and learned later that they should have had better coverage. Your focus should be to buy enough coverage at the best cost.