Mustang EcoBoost fun facts
- The Ford Mustang EcoBoost engine was first unveiled in 2013.
- The Mustang EcoBoost was introduced as part of the sixth generation Mustang collection.
- Mustang’s 2.3L EcoBoost engines deliver 310 horsepower.
What is the average cost to insure a Mustang EcoBoost?
The cost of insuring a Mustang EcoBoost is moderate. Sports cars are generally more expensive to insure than other types of cars. Plus, some data has revealed that Mustangs are at a higher risk of theft than other vehicles, which typically translates to higher insurance costs. However, the best way to find out how much it will cost you to insure your Mustang EcoBoost is to contact BrokerLink for a free quote.
How Ford Mustang insurance rates are calculated
The make and model of the vehicle you drive are just two factors that influence car insurance premiums. Therefore, an insurance company will consider more than the fact that you drive a Ford Mustang EcoBoost. They will also consider details like your age, location, or claims history. A full list of factors influencing car insurance rates can be found below:
- Driving record
- Driving experience
- Past claims
- Annual mileage
- Prior insurance coverage
- Your deductible
- Local laws
- How you use your vehicle
- Marital status
The most common types of Ford Mustang EcoBoost car insurance coverage
The purpose of car insurance is to protect you and your vehicle, so it’s important to find a policy with coverage that does just that. From third party liability coverage to uninsured automobile coverage and collision coverage, we outline the most common types of Ford Mustang EcoBoost car insurance coverage below:
Third party liability coverage
Third party liability coverage is compulsory in Canada. It protects the policyholder if they are injured or their Ford Mustang is damaged in an accident that they caused. Beyond medical bills and vehicle repairs, liability coverage can also pay for legal counsel and court fees. Minimum coverage requirements for third party liability vary by province, and you will need to make sure your Ford Mustang auto insurance policy meets them.
Accident benefits coverage
Accident benefits coverage is another type of mandatory auto insurance coverage in Canada. It protects the policyholder if they, a passenger, or a pedestrian require medical attention following a collision. Regardless of which party is at fault for the accident, the policyholder can still receive compensation to pay for medical expenses under the accident benefits portion of their policy.
Comprehensive coverage offers financial protection against risks like theft, vandalism, fire, water damage, and more. This optional coverage type is popular among Ford Mustang drivers, especially since these cars tend to be at a higher risk of theft.
Collision coverage protects the policyholder if they are in an accident with another vehicle or object. It covers the policyholder regardless of whether they are at fault for the accident and provides compensation for property damage resulting from the accident. Collision coverage is optional but worthwhile for many Ford Mustang EcoBoost drivers.
Uninsured automobile coverage
Uninsured automobile coverage is one final type of mandatory coverage in Canada. It protects the policyholder and any passengers in their vehicle if they get into a collision with an at-fault driver who is either uninsured or underinsured.
How to find cheap Ford Mustang EcoBoost insurance
Car insurance should never break the bank, no matter what kind of car you drive. Here at BrokerLink, we really believe that, which is why our expert insurance advisors have put together the following list of tips and tricks to help you save money on your Ford Mustang EcoBoost insurance policy:
- Purchase car insurance for multiple vehicles together (savings of up to 20%)
- Buy multiple insurance policies (business insurance + car insurance, leisure vehicle insurance + car insurance, etc) from the same company (savings of up to 15%)
- Increase your deductible
- Enrol in driving school (for young drivers)
- Pay auto insurance annually rather than monthly
- Install winter tires on your Mustang (savings of up to 5%, depending on the province)
Contact BrokerLink for more information on Ford Mustang insurance cost
Are you ready to purchase car insurance for your Ford Mustang EcoBoost? BrokerLink can help. When you work with us, a dedicated insurance advisor will shop around on your behalf, obtaining and comparing quotes in an effort to find you a great policy at a low price. We will answer any questions you may have, walk you through your policy options, and offer our unbiased opinion on the best policy for you and your vehicle. What are you waiting for? Get started by contacting BrokerLink today. Or use our online quote tool to receive a free Ford Mustang EcoBoost car insurance quote in minutes.
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What is the average cost to insure a Mustang EcoBoost?
This is a difficult question to answer as the cost of insuring a Mustang EcoBoost varies greatly. As you now know, so many factors influence car insurance premiums, from a driver’s age and location to their marital status, annual mileage, claims history, driving record, how they use their car, and more.
What are the benefits of working with an insurance broker for Mustang EcoBoost insurance?
First, insurance brokers do the work for you. Second, insurance brokers work independently of insurance companies, which allows them to provide unbiased, objective advice to clients.
For more FAQs, visit the BrokerLink FAQs page.
*This article is in no way sponsored, endorsed, or associated with Ford.
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