If you want to find the absolute lowest rates, then the best way to get more affordable Ford Mustang insurance in Virginia Beach is to make a habit of comparing prices annually from insurers who provide auto insurance in Virginia. Drivers can shop around by completing these steps.
- Try to understand individual coverages and the things you can control to keep rates down. Many factors that result in higher rates like at-fault accidents, speeding tickets, and an unacceptable credit score can be remedied by making lifestyle changes or driving safer. Continue reading for more ideas to prevent high rates and find additional discounts you may qualify for.
- Get rate quotes from direct, independent, and exclusive agents. Direct companies and exclusive agencies can provide rates from a single company like Progressive and State Farm, while agents who are independent can provide prices from multiple sources.
- Compare the new rate quotes to your current policy premium to see if you can save by switching companies. If you find better rates and change companies, make sure there is no lapse in coverage.
A key point to remember is to use the same physical damage deductibles and liability limits on every price quote and and to get price estimates from as many different insurance providers as possible. This ensures an accurate price comparison and maximum price selection.
A recent NerdWallet.com study revealed that a large majority of consumers have remained with the same insurance company for a minimum of four years, and nearly 40% of drivers have never compared rate quotes at all. Virginia Beach drivers could save up to $550 a year by just shopping around, but they don’t want to take the time to shop their coverage around.
Best companies for competitive Ford Mustang insurance in Virginia
The companies shown below are ready to provide price quotes in Virginia Beach, VA. To locate cheap auto insurance in Virginia Beach, we suggest you visit several of them to find the lowest car insurance rates.
Facts and figures for Ford Mustang insurance
The premium table below outlines a range of insurance prices for Ford Mustang models. Knowing how insurance prices are determined can benefit drivers when making smart policy decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Mustang 2-Dr Convertible | $170 | $406 | $290 | $18 | $88 | $972 | $81 |
| Mustang 2-Dr Coupe | $170 | $406 | $364 | $22 | $108 | $1,070 | $89 |
| Mustang GT 2-Dr Convertible | $194 | $468 | $290 | $18 | $88 | $1,058 | $88 |
| Mustang GT 2-Dr Coupe | $194 | $468 | $364 | $22 | $108 | $1,156 | $96 |
| Mustang Shelby GT500 2-Dr Convertible | $216 | $592 | $290 | $18 | $88 | $1,204 | $100 |
| Mustang Shelby GT500 2-Dr Coupe | $238 | $652 | $364 | $22 | $108 | $1,384 | $115 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Virginia minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, multi-policy, and claim-free. Price information does not factor in specific zip code location which can lower or raise premiums significantly.
The information below illustrates how your choice of deductibles and can influence Ford Mustang premium costs for different age groups of insureds. The prices are based on a married female driver, full coverage, and no other discounts are factored in.
How violations and accidents impact rates
The diagram below highlights how speeding tickets and fender-benders impact Ford Mustang insurance premiums for each age group. The information is based on a single female driver, comprehensive and collision coverage, $1,000 deductibles, and no other discounts are factored in.
Annual premiums comparing men and women in Virginia Beach
The chart below visualizes the comparison of Ford Mustang insurance costs for male and female drivers. The prices are based on no violations or claims, full physical damage coverage, $100 deductibles, marital status is single, and no discounts are taken into consideration.
Car insurance discounts help lower rates for Ford Mustang insurance in Virginia Beach
Not many people think insurance is cheap, but discounts can save money and there are some available that you may not even be aware of. Some discounts will apply when you purchase, but some need to be specifically requested before you will receive the discount.
- Federal Employees – Employees or retirees of the government can save as much as 8% with some car insurance companies.
- Discount for Home Ownership – Just owning your own home can help you save on car insurance since owning and maintaining a home requires a higher level of personal finance.
- Resident Student – Any of your kids who are enrolled in a college that is more than 100 miles from Virginia Beach and do not have a car may qualify for this discount.
- Good Student Discount – Excelling in school may save you up to 25%. Earning this discount can benefit you up until you turn 25.
- Policy Bundle Discount – If you have multiple policies with one insurance company you could get a discount of at least 10 to 15 percent or more.
Just know that many deductions do not apply to the entire policy premium. A few only apply to individual premiums such as physical damage coverage or medical payments. Even though it appears adding up those discounts means a free policy, you’re out of luck.
The chart below shows the comparison of Ford Mustang yearly insurance costs with and without discounts applied to the premium. The information is based on a female driver, no tickets, no at-fault accidents, Virginia state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, multi-car, claim-free, homeowner, marriage, and safe-driver discounts applied.
If you would like to view car insurance companies offering car insurance discounts in Virginia, click here.
Shop online but buy locally
Certain consumers just prefer to buy from a local agent and often times that is recommended Professional insurance agents are highly skilled in risk management and help in the event of a claim. The biggest benefit of comparing rate quotes online is that you can find cheaper car insurance rates and still choose a local agent. Buying insurance from neighborhood agents is especially important in Virginia Beach.
Upon completion of this short form, the coverage information is transmitted to companies in Virginia Beach that can provide free Virginia Beach auto insurance quotes for your auto insurance coverage. It makes it easy because there is no need to search for an agent because quoted prices will be sent directly to you. If for some reason you want to get a comparison quote for a specific company, feel free to jump over to their website and complete a quote there.
Types of auto insurance agents in Virginia Beach
If you are wanting to find a good insurance agency, there are two different types of agencies and how they can quote your rates. Auto insurance agents in Virginia Beach can either be independent agents or exclusive agents. Both types can properly insure your vehicles, but it’s good to learn why they differ because it can factor into the type of agent you choose.
Independent Auto Insurance Agencies
These agents are not employed by one company so they can write business through lots of different companies and find the cheapest auto insurance rates. If premiums increase, they simply move your policy to a different company and you don’t have to find a new agent. When comparing rate quotes, you will definitely want to include several independent insurance agents to get the most accurate price comparison.
Listed below is a partial list of independent insurance agents in Virginia Beach that may be able to give competitive price quotes.
Cheeks Insurance Agency
4968 Euclid Rd e – Virginia Beach, VA 23462 – (757) 309-1850 – View Map
Wilson Insurance Agency, Inc
1127 Crystal Lake Dr – Virginia Beach, VA 23451 – (757) 491-8953 – View Map
Nationwide Insurance: Lovas Insurance Agency Inc
244 Mustang Trail #1 – Virginia Beach, VA 23452 – (757) 340-8310 – View Map
Exclusive Auto Insurance Agents
Agents in the exclusive channel have only one company to place business with and some examples include Allstate, State Farm and Farmers Insurance. These agents are not able to shop your coverage around so you need to shop around if the rates are high. Exclusive agencies are well schooled on their company’s products which helps offset the inability to provide other markets.
Shown below are exclusive insurance agents in Virginia Beach that can give you comparison quotes.
Paula Rosati – State Farm Insurance Agent
4221 Pleasant Valley Rd #108 – Virginia Beach, VA 23464 – (757) 467-4300 – View Map
GEICO Insurance Agent
4389 Virginia Beach Blvd – Virginia Beach, VA 23462 – (757) 583-2200 – View Map
Allstate Insurance: Richard C. Barbosa, II
4382 Holland Plaza Shopping Ctr, # Ce – Virginia Beach, VA 23452 – (757) 431-0217 – View Map
Selecting an insurance agent should depend on more than just the price. Any agent in Virginia Beach should have no problem answering these questions:
- Will they take your side in the event of a claim?
- Will the company cover a rental car if your car is getting fixed?
- How experienced are they in personal risk management?
- Do they offer claims assistance after hours?
- What discounts might you be missing?
- How long has their agency been open in Virginia Beach?
- Will a damage claim use OEM or aftermarket replacement parts?
After talking to the agent and getting good responses and cheap Mustang insurance quotes, chances are good that you have found an insurance agent that is professional and can provide auto insurance coverage.
Virginia auto insurance companies ranked
Insuring your vehicle with the right insurance provider can be difficult considering how many choices there are in Virginia. The ranking data in the next section may help you analyze which auto insurance companies you want to consider when looking for cheaper rates.
Top 10 Virginia Beach Car Insurance Companies Ranked by Customer Service
- USAA
- Travelers
- Mercury Insurance
- AAA Insurance
- Nationwide
- Safeco Insurance
- Progressive
- State Farm
- The Hartford
- The General
Top 10 Virginia Beach Car Insurance Companies by A.M. Best Rank
- Travelers – A++
- USAA – A++
- GEICO – A++
- State Farm – A++
- Erie Insurance – A+
- Titan Insurance – A+
- Esurance – A+
- Progressive – A+
- Nationwide – A+
- The Hartford – A+
Insurance coverage breakdown
Knowing the specifics of your insurance policy aids in choosing the best coverages and the correct deductibles and limits. Policy terminology can be impossible to understand and coverage can change by endorsement. These are typical coverages found on most insurance policies.
Comprehensive coverages
This pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers things like fire damage, damage from flooding and theft. The most you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.
Auto collision coverage
Collision coverage pays for damage to your Mustang resulting from a collision with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.
Collision can pay for claims like colliding with another moving vehicle, hitting a mailbox, damaging your car on a curb and scraping a guard rail. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to raise the deductible on your Mustang in order to get cheaper collision rates.
Auto liability
This coverage can cover injuries or damage you cause to other people or property. It protects YOU against other people’s claims, 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 might see policy limits of 25/50/20 which means a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and $20,000 of coverage for damaged property. Some companies may use a combined limit that pays claims from the same limit without having the split limit caps.
Liability can pay for claims like loss of income, medical services, repair bills for other people’s vehicles and pain and suffering. How much coverage you buy is your choice, but it’s cheap coverage so purchase as much as you can afford. Virginia requires minimum liability limits of 25/50/20 but you should think about purchasing more coverage.
The illustration below demonstrates why low liability limits may not be adequate.
Uninsured and underinsured coverage
Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your Ford Mustang.
Due to the fact that many Virginia drivers carry very low liability coverage limits (25/50/20), it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea. Frequently these coverages are similar to your liability insurance amounts.
Coverage for medical payments
Coverage for medical payments and/or PIP provide coverage for bills for things like prosthetic devices, nursing services, rehabilitation expenses, doctor visits and ambulance fees. They are often used to fill the gap from your health insurance plan or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. PIP coverage is not universally available but can be used in place of medical payments coverage
Persistence pays off
Cost effective Ford Mustang insurance can be bought from both online companies as well as from independent agents in Virginia Beach, so you need to quote Virginia Beach auto insurance with both in order to have the best price selection to choose from. Some companies may not offer internet price quotes and many times these regional carriers provide coverage only through independent agents.
You just learned a lot of techniques to reduce Ford Mustang insurance prices online in Virginia Beach. The key thing to remember is the more quotes you get, the more likely it is that you will get a better rate. You may even find the best price on car insurance is with an unexpected company. Regional companies can often provide lower rates in certain areas compared to the large companies like GEICO and State Farm.
Additional car insurance information can be found on the following sites:
- Choosing a Car for Your Teen (State Farm)
- How Much are Auto Insurance Rates for a Toyota RAV4 in Virginia Beach? (FAQ)
- Who Has the Cheapest Auto Insurance Rates for Safe Drivers in Virginia Beach? (FAQ)
- Who Has Cheap Virginia Beach Car Insurance Quotes for Nurses? (FAQ)
- Who Has Affordable Auto Insurance for a 20 Year Old Male in Virginia Beach? (FAQ)
- Rental Reimbursement Coverage (Allstate)
- Side Impact Crash Tests (iihs.org)
- Airbag FAQ (iihs.org)