Insurance for Shelby GT
#11
RE: Insurance for Shelby GT
ORIGINAL: namdliw
.....with State Farm..but when I called the insurance company they told me I need to tell them of any mod's I do if I want them to replace them in a claim...also
.....with State Farm..but when I called the insurance company they told me I need to tell them of any mod's I do if I want them to replace them in a claim...also
You still may geta fight on this when you make a claim buy I would then just turn it over to a lawyer.
#12
RE: Insurance for Shelby GT
switching from my 05 gt to my 08 gt500 with Geico my insurance only went up $20 per month...$465 per 6 months for 05 gt $577 for GT500...as far as gap insurance: I agree and disagree.....gap insurance is great IF you did not put a large enough downpayment (Usually anything less than 10%) or if you are stretching your loan over a longer period of time with a higher interest rate....I did not have GAP on my 05 gt and will not on my GT500...then again..I also had 30% down payment on both of them....my 2 cents
#15
RE: Insurance for Shelby GT
i know this is late but since there are not to many new threads i figured i throw my insurance in here too, my monthly bill for insurance was 130 bucks every month with my 07 mustang gt, i traded in and got a 2008 gt500 and called today to insure the car.....thinking the worse.... i ask the damage i done, they tell me... well sir, your insurance just went up a whooping 6 buck......[sm=bounceybounce.gif] i didnt ask any questions besides making sure all my coverage is the same, but omg was i shocked, i was expecting over a grand increase.... im 25 btw.
#17
RE: Insurance for Shelby GT
The insurance company'stakea number of factors into accountwhenthey give you a quote (much more than just your age). They go by demographics as well, andlet's face it,the Shelby owner demographic ismade up of a more "mature" persuasion.That right there = lower insurance rates (much like corvettes), simply because the majority ofthese cars arenot receiving a ton of moving violations,nor gettingwrecked. GT quotes are higher, becausethe majority of GT owners are young people.
#18
RE: Insurance for Shelby GT
I've had my 07 V6 for a while now.... and it wasn't too expensive to insure... and then my dad bought a Shelby GT500 and insured me on it as well so I can drive it when I want....what I remember is that the insurance barely went up....we have Geico
Thread
Thread Starter
Forum
Replies
Last Post
MustangForums Editor
GT350 S550 Tech
1
09-29-2015 03:29 PM
mungodrums
S550 2015-2023 Mustang
10
09-28-2015 10:54 PM
MustangForums Editor
Other Professional Racing
1
09-10-2015 11:41 AM