Paying for expensive Ford GT insurance in Mesa can overdraw your checking account and force you to make tough financial choices.
It’s safe to conclude that auto insurance companies want to keep you from comparing prices. Insureds who get price quotes annually will, in all likelihood, switch to a new company because the odds are good of finding a more affordable policy premium. A recent insurance study revealed that consumers who routinely shopped for cheaper coverage saved on average $865 a year compared to those who never shopped around for cheaper prices.
If saving money on car insurance in Mesa is your ultimate objective, then knowing how to get rate quotes and compare cheaper coverage can save time, money, and frustration.
Insurance companies such as Allstate and Progressive constantly bombard you with catchy ads and it is challenging if not impossible to see through the deception and do the work needed to find the best deal.
It’s a great practice to do rate comparisons as often as possible because insurance rates are usually higher with each renewal. Even if you got the best premium rates on Ford GT insurance in Mesa a few years ago you will most likely find a better price today. You’ll find a ton of advice on GT insurance online but in a few minutes you can learn some guaranteed methods to reduce your insurance bill.
If you have a current insurance policy, you will surely be able to get lower rates using the ideas presented in this article. Buying the cheapest insurance in Mesa can be easy if you know a few tricks. Nevertheless, Arizona vehicle owners need to have an understanding of the way insurance companies price insurance differently because rates are impacted by many factors.
Seven Things That Impact Your Insurance Rates
A large part of saving on insurance is knowing some of the things that play a part in calculating insurance rates. If you have a feel for what determines premiums, this empowers consumers to make smart changes that can help you get lower rates.
Shown below are a few of the things utilized by car insurance companies to help set prices.
- Eliminate unneeded incidental coverages – There are many additional extra coverages that sound like a good idea at the time if you aren’t diligent. Coverage for things like coverage for rental cars, death and dismemberment, and membership fees may not be needed and are just wasting money. They may seem good initially, but if they’re wasting money get rid of them and save.
- Avoid tickets and save – Your driving citation history impacts premiums far more than you think. Drivers with clean records pay lower auto insurance prices compared to drivers with tickets. Having a single citation may cause rates to rise substantially. Drivers who get multiple violations like DUI or willful reckless driving may find they need to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to prevent a license revocation.
- Where you call home – Having an address in smaller towns and rural areas of the country is a positive aspect when talking about insurance. Less people living in that area means fewer accidents. Drivers who live in large Arizona cities have traffic congestion and much longer commute distances. More time on the road means more chance of being in an accident.
- Always keep your insurance in force – Driving without insurance coverage in place is not a good idea and any future policy may cost more because you let your coverage have a gap. In addition to paying higher rates, failure to provide proof of insurance could earn you a fine, jail time, or a revoked license. You may have to submit proof of financial responsibility or a SR-22 with the Arizona department of motor vehicles.
- Deter theft and save money – Purchasing a vehicle with a theft deterrent system can help lower your premiums. Anti-theft features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can thwart your vehicle from being stolen.
- Bad credit will cost you – Credit history will be a significant factor in calculating your insurance rates. Drivers who have very good credit scores tend to be less risk to insure than drivers with poor credit scores. If your credit rating can use some improvement, you could potentially save money when insuring your Ford GT by spending a little time repairing your credit.
- Type of car, truck or SUV determines base rates – The performance level of the car you drive makes a substantial difference in your premium level. Lower performance four cylinder passenger models usually have the lowest rates, but the cost you end up paying is determined by many additional factors.
Get cheaper Ford GT insurance rates in Mesa
Some companies do not list the entire discount list in an easy-to-find place, so we researched both the well known as well as some of the hidden credits available to you.
- Professional Memberships – Being in a civic or occupational organization in Mesa can get you a small discount on your bill.
- Multi-car Discount – Purchasing coverage when you have more than one vehicle on one policy could earn a price break for each car.
- Discount for New Cars – Buying a new car model can save you some money since newer vehicles have better safety ratings.
- Passive Restraint Discount – Vehicles equipped with air bags may qualify for discounts of 20% or more.
- Seat Belt Discounts – Buckling up and requiring all passengers to buckle up can save 10% or more off the personal injury premium cost.
- Early Renewal Discounts – Some car insurance companies provide a discount for signing up prior to your current GT insurance policy expiring. You may see this discount when you get Mesa auto insurance quotes online.
- Payment Discounts – If paying your policy premium upfront rather than paying monthly you may reduce your total bill.
- Discount for Home Ownership – Just owning your own home can save you money because maintaining a house shows financial diligence.
One thing to note about discounts is that most credits do not apply to the entire policy premium. The majority will only reduce individual premiums such as liability, collision or medical payments. So even though you would think adding up those discounts means a free policy, it just doesn’t work that way. Any qualifying discounts will lower your policy cost.
Larger car insurance companies and their possible discounts include:
- Farm Bureau includes discounts for youthful driver, good student, driver training, 55 and retired, multi-vehicle, renewal discount, and safe driver.
- Liberty Mutual has discounts for new graduate, exclusive group savings, multi-car, good student, hybrid vehicle, newly retired, and safety features.
- State Farm may have discounts that include accident-free, driver’s education, safe vehicle, multiple autos, and passive restraint.
- Auto-Owners Insurance may include discounts for paid in full, multiple vehicles, mature driver, student away at school, group or association, company car, and multi-policy.
- GEICO has savings for five-year accident-free, anti-theft, good student, driver training, multi-vehicle, military active duty, and multi-policy.
- SAFECO policyholders can earn discounts including teen safe driver, homeowner, anti-lock brakes, safe driver, accident prevention training, anti-theft, and bundle discounts.
When comparing rates, check with every company which discounts you may be entitled to. All car insurance discounts may not be offered everywhere.
Affordable insurance premiums are possible
Low-cost Ford GT insurance in Mesa can be found online and also from your neighborhood Mesa agents, so you should be comparing quotes from both so you have a total pricing picture. Some companies don’t offer the ability to get a quote online and these regional carriers sell through independent insurance agents.
In this article, we covered many ways to lower your Ford GT insurance premium rates in Mesa. It’s most important to understand that the more rate quotes you have, the more likely it is that you will get a better rate. You may even be surprised to find that the best premium rates are with an unexpected company. Regional companies may often insure only within specific states and give better rates compared to the large companies like Progressive and GEICO.
When shopping online for insurance, it’s very important that you do not sacrifice coverage to reduce premiums. There are many occasions where someone dropped physical damage coverage and learned later that the few dollars in savings costed them thousands. Your aim should be to purchase plenty of coverage for the lowest price but still have enough coverage for asset protection.
How to find low-cost rates for Ford GT insurance in Mesa
If saving the most money is your goal, then the best way to get more affordable Ford GT insurance is to do a yearly price comparison from providers that sell auto insurance in Mesa.
- First, learn about how insurance companies determine prices and the measures you can take to lower rates. Many policy risk factors that drive up the price such as tickets, at-fault accidents, and an unacceptable credit score can be improved by being financially responsible and driving safely.
- Second, compare rates from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can only give rate quotes from a single company like Progressive or State Farm, while independent agencies can quote prices from multiple companies.
- Third, compare the quotes to your current policy premium to see if a cheaper price is available in Mesa. If you find a lower rate quote and change companies, make sure there is no coverage gap between policies.
- Fourth, give proper notification to your current agent or company to cancel your existing policy. Submit payment along with a signed and completed policy application for your new policy. Immediately keep your new proof of insurance paperwork above your visor, in the console, or in the glove compartment.
The most important part of shopping around is that you use the same liability limits and deductibles on each price quote and and to get price estimates from as many companies as feasibly possible. This enables an accurate price comparison and a better comparison of the market.
More detailed insurance information can be found in these articles:
- Coverage Information (Progressive Insurance)
- Who Has Affordable Mesa Auto Insurance Rates for Low Mileage Drivers? (FAQ)
- Who Has Cheap Mesa Auto Insurance for Teenage Females? (FAQ)
- Who Has Cheap Auto Insurance Rates for Police Officers in Mesa? (FAQ)
- Who Has the Cheapest Mesa Car Insurance for Drivers Under 21? (FAQ)
- Who Has Affordable Car Insurance Rates for Immigrants in Mesa? (FAQ)
- Who Has Affordable Auto Insurance for a Ford Explorer in Mesa? (FAQ)
- Side Impact Crash Tests (iihs.org)
- Vehicle Size and Weight FAQ (iihs.org)
- Honda warning system reduces insurance claims (Insurance Institute for Highway Safety)