How much is car insurance for the Ford Mustang?
The Ford Mustang is a classic American muscle car and the rival to the Chevrolet Camaro. With a base price of just over $22,000 the Ford Mustang is affordable for almost every driver but how much are car insurance rates for this sports car?
This muscle car has over 400 horsepower in the 2011 Ford Mustang 5.0 model so surely car insurance rates must be expensive .. or are they?
Car insurance rates for the Ford Mustang are much like any other car. Unlike luxury exotic sports cars such as the Lamborghini Gallardo or Bugatti Veyron the Mustang is a very affordable car. The downfall for young drivers is it is a sports car with tremendous horsepower and statistics show young people and sports car are much higher risk than say a student with a Volkswagen Beetle.
Ford Mustang Car Insurance Rates
Car insurance rates for the Mustang will run between $1,500 to $2,000 a year for most drivers depending on the model insured and your unique profile. While the car is classified as a sports car (and a prime candidate for theft) this vehicle also has a long history of safety combined with many safety features such as:
- Electronic Stability Control
- Anti Lock Brakes
- Dual Front Airbags
- Driver and passenger side impact airbags
- Tire-Pressure Monitoring System (TPMS)
- Passive anti-theft system
- and more
Although the Mustang is a very safe car to drive car insurance rates for young drivers can well exceed more than the car loan payment. While there is little doubt pulling up in a brand new GT 5.0 at school may earn you the cool kid on the block title you better be prepared with a pretty big bankroll since car insurance rates could also make you eligible for the poorest kids in school club. Average car insurance premiums for young drivers and the Ford Mustang can exceed $3,000 or $4,000 in some cases so car insurance comparison is a must for any young driver who needs car insurance for this car and considered a primary driver.
Who has Cheap Car Insurance?
This is a mistake a lot of people make when searching for car insurance – they look for cheap car insurance based on the car. While car insurance companies certainly use the type of car insured as one factor most auto insurers qualify vehicles in the same manner. The variables which cause auto insurance premiums to fluctuate between providers so much are the factors attached to your driving record, your credit history and unique factors that have to do with you – as an individual risk profile.
In order to find cheap car insurance or at least affordable premiums its worth learning about auto insurance, what types of discounts are available and comparing as many quotes as you can. Car insurance is mandatory but shopping around is a privilege you have in such a competitive environment so use your time wisely and compare multiple quotes.
Get Car Insurance Rates for the Ford Mustang Today!