S197 Shelby Section This section is for technical discussions pertaining specifically to the latest installment of the Shelby Mustangs; the Shelby GT, the CS6, and the awesome GT500.

Insurance!!!

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Old Feb 20, 2009 | 09:25 AM
  #1  
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j_irwin08
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Default Insurance!!!

Anybody have a place to get cheap insurance on my Shelby GT500. Most exotic policies won't cover a 2008. Thanks!!
Old Feb 20, 2009 | 09:35 AM
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cheftjpeck
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Originally Posted by j_irwin08
Anybody have a place to get cheap insurance on my Shelby GT500. Most exotic policies won't cover a 2008. Thanks!!
I went with my normal insurance company Geico....$80 per month
Old Feb 20, 2009 | 11:15 AM
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Ditto, good ol' Farm Bureau, $75/month. No problems, no questions.
Old Feb 20, 2009 | 03:59 PM
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Since it varies so much from person to person, and each state has different laws, I'd suggest calling in a few places for quotes. Before you flame, someone could tell you Company A is the cheapest, but when you call, it's the most expensive for you. I happen to work for an insurance company, I'm not a sales agent, but if you want a quote I can give you my buddies number/extension and he wont mind running one for you. Though idk if we insure GT500's. If you give me the vin I can tell you if we do or not.
Old Feb 26, 2009 | 11:34 AM
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Do you have to specify that it is a 500? or can you just say GT? The online quotes that I have tried don't list the 500 as an option... only base and GT.

I was told to not mentioned the words "Shelby" or "500"... and to only provide the vin.
Old Feb 26, 2009 | 11:56 AM
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Originally Posted by MrSandman
Do you have to specify that it is a 500? or can you just say GT? The online quotes that I have tried don't list the 500 as an option... only base and GT.

I was told to not mentioned the words "Shelby" or "500"... and to only provide the vin.
Although a GT500 might be a bit different, going from a v6 to a GT has little to do w/ the actual price of insurance. It's that a mustang is considered a sports car regardless of engine. W/ a 500 hp car they might have a special class for that but I would just mention it's a mustang and the vin, that's it.
Old Feb 26, 2009 | 01:31 PM
  #7  
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Originally Posted by MrSandman
Do you have to specify that it is a 500? or can you just say GT? The online quotes that I have tried don't list the 500 as an option... only base and GT.

I was told to not mentioned the words "Shelby" or "500"... and to only provide the vin.
They will KNOW it's a GT500 going off the VIN. So it doesn't really matter. If you want an accurate quote and it specifies GT or GT500, then be honest.
Old Mar 4, 2009 | 12:33 AM
  #8  
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I don't have a GT500, but I did an online quote. I currently pay $560 every 6mths for an 06 Mustang GT. If I had a GT500, my insurance would be $685 every 6mths.
Old Mar 5, 2009 | 11:18 AM
  #9  
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I found it interesting that when I was shopping cars and budgeting for insurance, my company (Farm Bureau) did not recognize the difference between a regular GT and a Shelby GT. However, the GT 500 was immediately recognizable from it's vin. Apparently there's no indicator in the vin that a GT has been through the Shelby conversion process. I suspect to get a quote comparison, you're going to have to give them the vin and they can figure it out from there...it's all on their database anyway.
Old Mar 5, 2009 | 01:22 PM
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Originally Posted by thewheelman
I found it interesting that when I was shopping cars and budgeting for insurance, my company (Farm Bureau) did not recognize the difference between a regular GT and a Shelby GT. However, the GT 500 was immediately recognizable from it's vin. Apparently there's no indicator in the vin that a GT has been through the Shelby conversion process. I suspect to get a quote comparison, you're going to have to give them the vin and they can figure it out from there...it's all on their database anyway.
I would guess that is b/c it's still just a GT. All Shelby does is slap a few Ford racing parts on it, number it and charge you 6-8k more then the parts you could have installed yourself are worth.
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