Getting cheap Indianapolis Ford Shelby GT350 insurance quotes can appear to be intimidating for drivers that are relatively new to comparing rates on the internet. With such a large number of insurance companies available, how can Indianapolis drivers be able to compare them all to find the lowest rates?
Smart shoppers know that insurance companies don’t want you to look at other companies. Consumers who compare other prices will probably buy a new policy because they have good chances of finding more affordable rates. Surprisingly, a recent survey revealed that people who routinely shopped around saved over $72 a month as compared to drivers who never shopped around for cheaper prices.
If saving the most money on insurance is your ultimate target, then learning a little about how to compare auto insurance can make it easier to find better rates.
It is always a good idea to price shop coverage occasionally because insurance prices trend upward over time. Just because you had the best rates on Ford Shelby GT350 insurance in Indianapolis at your last renewal you can probably find a better rate quote now. There are a lot of ways to save on Shelby GT350 insurance on the web, but you can learn some excellent ideas to slash your car insurance rates in Indianapolis.
Our objective in writing this article is to teach you a little about the most effective way to quote insurance and some tips to save money. If you currently have auto insurance, you will most likely be able to cut your premiums using the ideas you’re about to read. Nevertheless, Indiana drivers must understand how companies determine how much to charge and use it to find better rates.
All major car insurance companies make it easy to get insurance quotes online. Getting online quotes for Ford Shelby GT350 insurance in Indianapolis is easy for anyone as you simply type in the amount of coverage you want on the page. When complete, their system makes automated requests for your driving record and credit report and quotes a price based on these and other factors.
Being able to quote online for Ford Shelby GT350 insurance in Indianapolis makes comparing rates easy, and it is important to get many rate quotes in order to find affordable prices.
To compare rates now, compare rate quotes from the providers shown below. If you have coverage now, it’s recommended you copy the coverage information just like they are on your policy. This makes sure you will get a fair comparison for similar coverage.
The providers in the list below are our best choices to provide free rate quotes in Indianapolis, IN. If the list has multiple companies, it’s highly recommended you compare several of them to get the best price comparison.
Car insurance is an important decision
Despite the fact that car insurance is not cheap in Indianapolis, maintaining insurance may be required for several reasons.
First, most states have compulsory liability insurance requirements which means you are required to buy a specific level of liability protection in order to be legal. In Indiana these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if you have a loan on your Ford Shelby GT350, almost all lenders will require you to have full coverage to protect their interest in the vehicle. If you do not keep the policy in force, the bank may insure your Ford for a much higher rate and require you to pay for the expensive policy.
Third, insurance protects both your car and your personal assets. It also can pay for medical bills incurred in an accident. Liability insurance will also pay for a defense attorney if you are sued as the result of an accident. If your Ford gets damaged, comprehensive and/or collision insurance will pay to repair the damage.
The benefits of having car insurance more than cancel out the cost, especially if you ever need it. According to a recent study, the average American driver is overpaying more than $855 a year so compare rates at every policy renewal to save money.
Get cheaper Ford Shelby GT350 insurance in Indianapolis with discounts
Some companies don’t always advertise every discount very well, so the next list breaks down both well-publicized as well as some of the hidden savings tricks you should be using when you buy Indianapolis auto insurance online. If you are not receiving all the discounts possible, you are throwing money away.
- Discounts for Multiple Vehicles – Insuring primary and secondary vehicles on a single policy can reduce rates for all insured vehicles.
- Federal Employees – Active or retired federal employment can earn a discount up to 10% with some auto insurance companies.
- Online Discount – Some of the larger companies will provide an incentive simply for signing on the web.
- Own a Home and Save – Owning a house in Indianapolis can save a few bucks since home ownership is proof of financial responsibility.
- Student Discounts – Being a good student can be rewarded with saving of up to 25%. Most companies allow this discount up to age 25.
- Payment Discounts – If you pay your bill all at once rather than spreading payments over time you can actually save on your bill.
- Onboard Data Collection – Insureds that choose to allow their auto insurance company to analyze where and when they drive remotely such as Snapshot from Progressive or Drivewise from Allstate might get better premium rates if they show good driving skills.
- Discount for Low Mileage – Fewer annual miles on your Ford could earn discounted auto insurance rates on garaged vehicles.
Please keep in mind that many deductions do not apply to the entire cost. The majority will only reduce individual premiums such as medical payments or collision. So even though it sounds like all those discounts means the company will pay you, company stockholders wouldn’t be very happy. But all discounts should help reduce the cost of coverage.
If you would like to see a list of providers who offer cheap Ford Shelby GT350 insurance quotes in Indianapolis in Indianapolis, click this link.
Compare prices but work with a local Indianapolis insurance agent
Some people would rather talk to a local agent and that is just fine! The biggest benefit of comparing rates online is you can get lower premium rates and still choose a local agent. Buying from and supporting local insurance agencies is still important in Indianapolis.
To find an agent, once you fill out this quick form, your insurance coverage information is submitted to insurance agents in Indianapolis that can provide free Indianapolis auto insurance quotes for your insurance coverage. There is no need to drive around since price quotes are sent to the email address you provide. You’ll get the best rates without a big time investment. If for some reason you want to get a rate quote from a specific car insurance provider, you can always visit that company’s website and complete a quote there.
The type of auto insurance agent you choose is important
If you’re trying to find a reputable insurance agent or broker, you must know there are a couple types of insurance agents and how they can service your needs differently. Agents can be categorized as either independent agents or exclusive agents depending on their employer.
Independent Car Insurance Agencies
These type of agents are not required to write business for one company and that allows them to write policies with any number of different companies enabling the ability to shop coverage around. To move your coverage to a new company, your policy is moved internally and you stay with the same agent.
If you need cheaper car insurance rates, you absolutely need to get some free quotes from a couple of independent agencies to ensure the widest selection of prices. A lot of them also have access to smaller mutual companies who may have lower rates.
The following is a partial list of independent insurance agents in Indianapolis that can give you free car insurance rate quotes.
- Gregory and Appel Insurance
1402 N Capitol Ave #400 – Indianapolis, IN 46202 – (317) 634-7491 – View Map
- Steffey Hatoway Insurance
8365 Keystone Crossing #202 – Indianapolis, IN 46240 – (317) 334-3743 – View Map
- Owens Insurance Agency
N Alabama St #350 – Indianapolis, IN 46204 – (317) 572-8080 – View Map
Exclusive Insurance Agents
Agents in the exclusive channel can usually just insure with one company and examples are State Farm, Allstate, and Farm Bureau. Exclusive agents are unable to give you multiple price quotes so they have no alternatives for high prices. Exclusive insurance agents are usually well trained on sales techniques which helps them compete with independent agents. Consumers sometimes buy from exclusive agents partially due to loyalty to the company rather than having low rates.
Listed below are exclusive agencies in Indianapolis who can help you get price quotes.
- Jim Crinklaw – State Farm Insurance Agent
9423 Pendleton Pike – Indianapolis, IN 46236 – (317) 897-6129 – View Map
- Frances Johnson – State Farm Insurance Agent
5707 N Michigan Rd – Indianapolis, IN 46228 – (317) 257-3504 – View Map
- Norm Street – State Farm Insurance Agent
8610 E Washington St – Indianapolis, IN 46219 – (317) 898-2626 – View Map
Finding the right insurance agency should include more criteria than just the price. A good agent in Indianapolis will have answers to these questions.
- How long has the business existed?
- Do you qualify for any additional discounts?
- Does the agency have a good rating with the Better Business Bureau?
- Is auto insurance their primary focus in Indianapolis?
- Will the company cover a rental car if your car is getting fixed?
- Does their agency support local causes in Indianapolis?
- Do they get extra compensation for selling add-on coverages?
Upon getting satisfactory answers as well as a affordable price, most likely you have located an auto insurance agent that will properly insure your vehicles.
Different people need different car insurance coverages
When it comes to choosing coverage online or from an agent, there is no one size fits all plan. Coverage needs to be tailored to your specific needs.
For example, these questions could help you determine if you would benefit from an agent’s advice.
- Should I have a commercial auto policy?
- Is there coverage for injuries to my pets?
- Exactly who is provided coverage by my policy?
- How can I get high-risk coverage after a DUI?
- Is my Ford Shelby GT350 covered for flood damage?
- Will my insurance pay for OEM parts?
- Am I covered when driving someone else’s vehicle?
If you’re not sure about those questions but you know they apply to you then you might want to talk to a licensed insurance agent. To find an agent in your area, simply complete this short form.
Insurance policy specifics
Learning about specific coverages of your insurance policy can help you determine which coverages you need for your vehicles. The coverage terms in a policy can be confusing and reading a policy is terribly boring.
Coverage for medical expenses
Medical payments and Personal Injury Protection insurance kick in for bills such as nursing services, surgery, EMT expenses and funeral costs. They are used in conjunction with a health insurance policy or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage
Coverage for uninsured or underinsured drivers
Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your Ford Shelby GT350.
Since many Indiana drivers have only the minimum liability required by law (25/50/10 in Indiana), it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Normally the UM/UIM limits do not exceed the liability coverage limits.
Comprehensive insurance coverage covers damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive can pay for things such as falling objects, vandalism, damage from getting keyed, damage from flooding and damage from a tornado or hurricane. The most your insurance company will pay is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.
This can cover injuries or damage you cause to a person or their property that is your fault. This coverage protects you from claims by other people, and doesn’t cover damage to your own property or vehicle.
Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see liability limits of 25/50/10 that means you have a limit of $25,000 per injured person, $50,000 for the entire accident, and a total limit of $10,000 for damage to vehicles and property. Another option is one number which is a combined single limit which combines the three limits into one amount without having the split limit caps.
Liability can pay for things like loss of income, repair bills for other people’s vehicles, attorney fees and medical services. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as much as you can afford. Indiana state minimum liability requirements are 25/50/10 but you should consider buying more coverage.
The illustration below demonstrates why buying the state minimum limits may not be adequate coverage.
Auto collision coverage
Collision coverage pays to fix your vehicle from damage resulting from colliding with an object or car. A deductible applies and then insurance will cover the remainder.
Collision coverage pays for claims like colliding with another moving vehicle, driving through your garage door, rolling your car and crashing into a building. This coverage can be expensive, so consider dropping it from vehicles that are older. It’s also possible to choose a higher deductible on your Shelby GT350 to save money on collision insurance.
Compare but don’t skimp
Low-cost Ford Shelby GT350 insurance in Indianapolis can be found online as well as from independent agents in Indianapolis, and you should compare rates from both to have the best selection. A few companies don’t offer online quoting and many times these smaller companies only sell through independent agents.
When getting Indianapolis auto insurance quotes online, it’s not a good idea to reduce needed coverages to save money. There are too many instances where someone dropped comprehensive coverage or liability limits and discovered at claim time that it was a big error on their part. The ultimate goal is to purchase plenty of coverage for the lowest price while not skimping on critical coverages.
Consumers change insurance companies for a number of reasons such as denial of a claim, delays in responding to claim requests, an unsatisfactory settlement offer or extreme rates for teen drivers. It doesn’t matter why you want to switch switching companies is easier than you think.
Steps to finding affordable Ford Shelby GT350 insurance in Indianapolis
The best way we recommend to find lower priced Ford Shelby GT350 insurance is to annually compare prices from insurers who sell auto insurance in Indianapolis.
- Try to learn about policy coverages and the things you can control to keep rates low. Many risk factors that result in higher rates like inattentive driving and poor credit history can be eliminated by making lifestyle changes or driving safer.
- Obtain price quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only provide price estimates from one company like GEICO and Allstate, while agents who are independent can provide prices for many different companies. Select a company
- Compare the new rate quotes to your current policy premium to see if cheaper Shelby GT350 coverage is available in Indianapolis. If you find a lower rate and make a switch, make sure there is no lapse between the expiration of your current policy and the new one.
A good tip to remember is to try to use the same deductibles and limits on every quote request and and to look at as many different insurance providers as possible. Doing this provides a fair price comparison and a complete price analysis.
For more information, link through to the following helpful articles:
- Side Impact Crash Tests (iihs.org)
- Who Has Affordable Indianapolis Auto Insurance for Electric Cars? (FAQ)
- Who Has Affordable Auto Insurance for Single Moms in Indianapolis? (FAQ)
- Who Has the Cheapest Indianapolis Auto Insurance for Drivers with Bad Credit? (FAQ)
- Who Has the Cheapest Auto Insurance for Unemployed Drivers in Indianapolis? (FAQ)
- What Car Insurance is Cheapest for Uber Drivers in Indianapolis? (FAQ)
- New head restraint design cuts injuries (Insurance Institute for Highway Safety)
- Credit Impacts Car Insurance Rates (State Farm)
- Electronic Stability Control FAQ (iihs.org)