How Much Does 2017 Ford Transit Van Insurance Cost?

Finding the cheapest insurance for a new or used Ford Transit Van can turn out to be a painful process, but you can learn a few tricks to save time. There are more efficient ways to find insurance online and we’ll show you the absolute fastest way to price shop coverage for a new or used Ford and locate the lowest price from both online companies and local agents.

Consumers should take time to take a look at other company’s rates as often as possible since insurance prices change quite often. Just because you found the best rates on Transit van coverage two years ago you will most likely find a better rate quote today. There are lots of tips to save on insurance out there, but we’re going to give you some of the best techniques to lower your insurance premiums.

If you are insured now or need a new policy, you can use these techniques to reduce the price you pay while maximizing coverage. Pricing affordable insurance coverage coverage is not that difficult. Drivers just need to know how to find the lowest price online.

Low cost insurance rate quotes online

Reducing your 2017 Ford Transit Van insurance rates is actually easier than you may think. All that’s required is to take time to compare rate quotes to discover which company has cheaper car insurance quotes. Rate comparisons can be done by following the guidelines below.

One of the fastest ways to get the best comparison quotes would be an industry-wide quote request form like this one (opens in new window). This quick form eliminates the need for separate quote forms for every company. Completing one form will get you price quotes from all major companies. This is perfect if you don’t have a lot of time.

A less efficient way to compare rate quotes requires a trip to the website for every company you want to comare and repeat the quote process again and again. For sake of this example, we’ll pretend you are doing a rate comparison from GEICO, 21st Century and American Family. To do that, you would have to go to each individual site and punch in your information repeatedly, and that explains why we recommend the first method.

For a list of links to companies insuring cars in your area, click here.

The hardest method to price shop rates is making phone calls or going to local insurance agencies. Quoting and buying insurance online has made agencies unnecessary unless you’re the type of person who wants the extra assistance of a local agency. Drivers can comparison shop online but buy from a local insurance agent.

Compare rates however you want, just make darn sure you compare the same coverage information for every quote you compare. If your comparisons have different data it will be next to impossible to make a fair rate comparison.

Insurance coverage companies offer many types of discounts

Properly insuring your vehicles can get expensive, but you may find discounts that could drop your premiums quite a bit. A few discounts will automatically apply when you purchase, but some discounts are required to be asked for in order for you to get them.

  • Save over 55 – Drivers over the age of 55 may receive a small discount on rates on Transit van coverage.
  • Driver Education Discount – Require your teen driver to enroll in driver’s education in school or through a local driver safety program.
  • Safety Course Discount – Successfully completing a defensive driving course could cut 5% off your bill and easily recoup the cost of the course.
  • Military Deployment Discount – Having a deployed family member may qualify for rate reductions.
  • Discount for New Cars – Buying a new car instead of a used car can get you a discount since new vehicles are generally safer.
  • Data Collection Discounts – Insureds who allow data collection to look at vehicle usage remotely like Drivewise from Allstate or In-Drive from State Farm could save a few bucks if they have good driving habits.
  • Organization Discounts – Belonging to certain professional organizations could qualify you for a break on your policy.
  • Good Student Discount – Performing well in school could provide a savings of up to 20% or more. This discount can apply well after school through age 25.
  • Anti-theft System – Vehicles that have factory alarm systems and tracking devices are less likely to be stolen and will qualify for a discount on a car insurance quote.

Consumers should know that most discounts do not apply the the whole policy. A few only apply to the cost of specific coverages such as physical damage coverage or medical payments. Just because it seems like you can get free auto insurance, you won’t be that lucky.

Insurance companies that possibly offer some of the discounts shown above include:

Before purchasing a policy, check with each company or agent how many discounts you can get. Some discounts might not be offered on policies everywhere. To see insurers with the best insurance coverage discounts, click here to view.

Insurance cost influencing factors

It’s important that you understand some of the factors that are used to determine the price you pay for insurance. When consumers understand what determines base rates, this enables you to make decisions that can earn you lower premium levels. Lots of things are part of the equation when you get your auto insurance bill. Some are obvious such as traffic violations, although some other factors are less apparent such as your marital status and annual miles driven.

The list below includes just a few of the factors used by insurance companies to determine your rates.

  • Lower rates with continuous coverage – Driving with no insurance can get your license suspended and insurance companies will penalize you for letting your coverage cancel without a new policy in place. And not only will your rates increase, being ticketed for driving with no insurance may result in a license revocation or jail time. Then you may be required to file a SR-22 with your state DMV.
  • Save by driving less – The more you drive your Ford in a year’s time the more you’ll pay to insure it. The majority of insurers rate vehicles based upon how much you drive. Autos that are left in the garage can be on a lower rate level as compared to vehicles used primarily for driving to work. It’s a good idea to make sure your policy properly reflects the correct usage. Improper usage on your Transit Van may be costing you.
  • Cars with good safety ratings save money – Vehicles with high crash test scores are cheaper to insure. Safer cars have better occupant injury protection and better occupant protection means lower claim amounts passed on to you as lower rates. If your Ford has ratings of a minimum four stars on Safercar.gov you may be receiving a better rate.
  • Vocation can influence insurance rates – Did you know that where you work can have an impact on rates? Occupations like real estate brokersairline pilots and stock brokers tend to have higher average rates in part from intense work situations and long work days. On the flip side, occupations such as professors, students and homemakers get better rates on Transit van coverage.
  • Cautious drivers pay lower rates – A bad driving record has a huge affect on how much you pay. Even one moving violation can boost insurance rates by as much as thirty percent. Drivers who don’t get tickets have lower premiums than their less careful counterparts. Drivers who have received careless tickets such as DUI or willful reckless driving may find they need to submit a SR-22 form with their state DMV in order to keep their license.
  • An active claims history can cost you – Companies generally give the lowest premiums to drivers who are claim-free. If you are a frequent claim filer, you can definitely plan on increased rates or even have your policy non-renewed. Auto insurance is designed for claims that you cannot pay yourself.
  • Is your vehicle theft-ready? – Choosing to buy a car with a theft deterrent system can get you a discount on your insurance. Theft prevention features such as GM’s OnStar, tamper alarm systems and vehicle immobilizers all hinder auto theft and help lower rates.

Do I just need basic coverages?

When it comes to buying proper insurance coverage, there really is not a cookie cutter policy. Every insured’s situation is different.

For instance, these questions might help in determining whether or not you might need professional guidance.

  • What are the best liability limits?
  • What exactly is covered by my policy?
  • If I drive on a suspended license am I covered?
  • How many claims can I have before being cancelled?
  • Does coverage extend to a rental car in a foreign country?
  • Is a new car covered when I drive it off the dealer lot?
  • Does insurance cover damages from a DUI accident?
  • Do I need higher collision deductibles?
  • Do I have coverage when using my vehicle for my home business?
  • Is my babysitter covered when using my vehicle?

If you can’t answer these questions but you think they might apply to your situation, you may need to chat with an insurance agent. To find an agent in your area, take a second and complete this form. It’s fast, free and you can get the answers you need.

Don’t listen to company ads

Drivers can’t avoid all the ads for cheaper insurance by 21st Century, Allstate and State Farm. All the ads convey the message of big savings if you just switch your insurance coverage to their company.

How does each company sell you cheaper insurance coverage? You have to listen carefully.

Different companies look for specific characteristics for the type of driver that will be a good risk. For instance, this type of risk profile might have to be a female over age 40, has other policies, and drives a safe vehicle. Any person who matches those parameters will probably get the lowest rates as well as save money with a new company.

Potential customers who cannot meet this stringent profile must pay higher rates and business not being written. The ad wording is “customers that switch” not “everyone who quotes” will save that much if they switch. That’s the way insurance companies can make those claims. Because of these techniques, you need to get car insurance quotes from several different companies. It’s not possible to predict with any certainty which company will have better rates than you’re paying now.

Insurance policy specifics

Learning about specific coverages of a insurance policy aids in choosing the best coverages and the correct deductibles and limits. Insurance terms can be impossible to understand and even agents have difficulty translating policy wording.

Collision – Collision insurance pays for damage to your Transit Van caused by collision with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision coverage pays for things such as crashing into a building, backing into a parked car, hitting a parking meter, hitting a mailbox and damaging your car on a curb. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. Another option is to raise the deductible in order to get cheaper collision rates.

Uninsured and underinsured coverage – This protects you and your vehicle when the “other guys” either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries as well as damage to your 2017 Ford Transit Van.

Since many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Comprehensive coverages – This covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage pays for claims like a tree branch falling on your vehicle, hail damage, damage from a tornado or hurricane, hitting a deer and hitting a bird. The highest amount your insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Coverage for liability – Liability coverage can cover damages or injuries you inflict on other’s property or people in an accident. This coverage protects you against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 50/100/50 which means $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and property damage coverage for $50,000.

Liability can pay for claims such as medical services, attorney fees and repair costs for stationary objects. How much liability should you purchase? That is a decision to put some thought into, but consider buying as large an amount as possible.

Coverage for medical payments – Medical payments and Personal Injury Protection insurance kick in for expenses like doctor visits, X-ray expenses and prosthetic devices. They are often utilized in addition to your health insurance policy or if you are not covered by health insurance. It covers both the driver and occupants and will also cover getting struck while a pedestrian. PIP coverage is not available in all states and may carry a deductible

More quotes mean more savings

Drivers switch companies for any number of reasons including being labeled a high risk driver, poor customer service, not issuing a premium refund or policy cancellation. Regardless of your reason for switching companies, finding a new company can be easy and end up saving you some money.

We just showed you quite a bit of information on how to get a better price on 2017 Ford Transit Van insurance. The most important thing to understand is the more quotes you get, the better your chances of lowering your rates. You may even find the lowest prices come from a company that doesn’t do a lot of advertising.

As you shop your coverage around, make sure you don’t reduce coverage to reduce premium. In many instances, someone sacrificed uninsured motorist or liability limits and discovered at claim time they didn’t have enough coverage. Your aim should be to find the BEST coverage at the best price, but do not skimp to save money.

Additional auto insurance information can be found at the links below