Compare 2017 Ford Transit Wagon Insurance Cost

Looking for cheaper auto insurance rates for your Ford Transit Wagon? There isn’t a single person who likes having to buy auto insurance, especially when they know the cost is way too high. You have multiple insurers to buy insurance from, and even though it’s nice to be able to choose, having more auto insurance companies makes it harder to find the best rates for your vehicles.

It’s smart to compare prices once or twice a year since insurance rates are constantly changing. Even if you think you had the best premium rates on Transit Wagon insurance a couple years back you will most likely find a better price today. There is a lot of wrong information about auto insurance out there, but in just a couple of minutes you can learn the easiest ways to find cheap auto insurance.

Get affordable auto insurance quotes with discounts

Some companies don’t always publicize every possible discount very clearly, so the next list breaks down some of the best known and the harder-to-find auto insurance savings.

  • Discount for Home Ownership – Owning your own home or condo can save a few bucks since owning and maintaining a home requires a higher level of personal finance.
  • Payment Discounts – By making one initial payment as opposed to paying monthly you could save 5% or more.
  • Defensive Driving Course – Taking a class that teaches defensive driving techniques could earn you a small percentage discount and also improve your driving technique.
  • Bundle and Save – If you insure your home and vehicles and place coverage with the same company you could earn a discount of at least 10% off all policies.
  • Low Miles Discount – Low mileage vehicles may allow you to get better prices on cars that stay parked.
  • Sign Early and Save – Some companies provide a discount for switching policies before your current policy expires. It’s a savings of about 10%.

As is typical with insurance, most of the big mark downs will not be given to the entire cost. Most only reduce the cost of specific coverages such as medical payments or collision. Even though it may seem like all those discounts means the company will pay you, companies wouldn’t make money that way.

Larger auto insurance companies and a summarized list of policyholder discounts are outlined below.

  • Travelers includes discounts for save driver, payment discounts, new car, student away at school, IntelliDrive, hybrid/electric vehicle, and home ownership.
  • 21st Century may include discounts for anti-lock brakes, driver training, automatic seat belts, 55 and older, and student driver.
  • State Farm discounts include student away at school, Drive Safe & Save, driver’s education, good driver, anti-theft, defensive driving training, and Steer Clear safe driver discount.
  • GEICO offers discounts including membership and employees, multi-policy, anti-theft, anti-lock brakes, seat belt use, and good student.
  • SAFECO offers premium reductions for anti-lock brakes, multi-car, accident prevention training, homeowner, and drive less.
  • AAA has discounts for multi-policy, good driver, pay-in-full, multi-car, anti-theft, and AAA membership discount.

If you need inexpensive car insurance quotes, ask every prospective company which credits you are entitled to. Some discounts might not be offered on policies in your area. If you would like to view providers that have a full spectrum of discounts, follow this link.

Why you might pay lower rates

Smart consumers have a good feel for the factors that help determine insurance rates. If you have some idea of what determines premiums, this enables you to make decisions that will entitle you to lower premium levels.

The factors shown below are a few of the things companies use to determine your rate level.

  • Responsible drivers have lower costs – Drivers who don’t get tickets pay lower auto insurance prices as compared to those with violations. Having just one driving citation can increase rates twenty percent or more. Drivers with careless violations such as DUI or reckless driving may need to submit a SR-22 or proof of financial responsibility with their state DMV in order to drive a vehicle legally.
  • Filing claims can cost you more – Car insurance companies give better rates to policyholders who only file infrequent claims. If you are the type of insured that files lots of claims you can pretty much guarantee increased rates or even have your policy non-renewed. Auto insurance is intended for claims that pose a financial burden.
  • Discounts for auto and home policies – Most larger insurers provide a discount to people who consolidate policies with them, otherwise known as a multi-policy discount. Even though this discount sounds good, it’s still a good idea to compare other company rates to confirm you are receiving the best rates possible. It’s possible to still save even more than the discount by buying insurance from more than one company.
  • Better rates on safer vehicles – Safer cars tend to have lower insurance rates. Safer cars reduce the chance of injuries and fewer serious injuries means your insurance company pays less which can mean better rates for you. If your Ford Transit Wagon scored at minimum four stars on Safercar.gov you may be receiving a better rate.
  • Lower insurance rates with alarms and GPS tracking – Choosing to buy a car with advanced anti-theft systems can save you some money. Theft prevention devices such as vehicle immobilizer systems, OnStar, and tracking devices like LoJack all hinder car theft and help bring rates down.

Tailor your insurance coverage to you

When choosing coverage, there really is not a cookie cutter policy. Each situation is unique so this has to be addressed. Here are some questions about coverages that can aid in determining if your insurance needs will benefit from professional help.

  • Am I covered when delivering products for my home-based business?
  • Do I need to file an SR-22 for a DUI in my state?
  • Can I afford to buy a different vehicle if my 2017 Ford Transit Wagon is totaled?
  • Does my medical payments coverage pay my health insurance deductible?
  • How do I insure my teen driver?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Should I buy full coverage?
  • Is a new car covered when I drive it off the dealer lot?
  • Is business property covered if stolen from my car?

If you can’t answer these questions then you might want to talk to an insurance agent. To find an agent in your area, simply complete this short form or go to this page to view a list of companies. It’s fast, free and may give you better protection.

The car insurance bait and switch

Consumers can’t ignore all the ads that claim the cheapest rates from the likes of Progressive, Allstate and GEICO. All the companies make an identical promise that drivers can save some big amount if you change your coverage to them.

How does every car insurance company offer you a better deal?

Companies have a certain “appetite” for the right customer that will generate a profit. An example of a profitable customer might be a female over age 40, is a homeowner, and drives a safe vehicle. Any customer who matches that profile will get very good premium rates and have a good chance to save some money.

Drivers who fall short of this ideal profile will be quoted a more expensive rate which leads to the prospect going elsewhere. The trick is to say “customers who switch” not “everyone who quotes” save money. That’s the way companies can make claims that they all have the best rates.

That is why it’s extremely important to compare as many free car insurance quotes as you can. It’s just not possible to know which insurance companies will provide the lowest prices.

Car insurance coverages and their meanings

Understanding the coverages of car insurance aids in choosing which coverages you need at the best deductibles and correct limits. Policy terminology can be confusing and coverage can change by endorsement. Shown next are typical coverages found on the average car insurance policy.

Uninsured/Underinsured Motorist (UM/UIM) – This protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. Covered claims include medical payments for you and your occupants as well as damage to your Ford Transit Wagon.

Since a lot of drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea. Normally your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Comprehensive insurance – Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against claims such as damage from flooding, vandalism, hitting a bird, hitting a deer and damage from getting keyed. The maximum payout your car insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Auto liability – Liability insurance protects you from damage that occurs to other people or property. It protects YOU from legal claims by others. It does not cover damage to your own property or vehicle.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show policy limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery. Another option is a combined limit which provides one coverage limit rather than limiting it on a per person basis.

Liability insurance covers claims like medical services, attorney fees and legal defense fees. How much liability should you purchase? That is a decision to put some thought into, but you should buy as large an amount as possible.

Med pay and Personal Injury Protection (PIP) – Medical payments and Personal Injury Protection insurance pay for immediate expenses for funeral costs, X-ray expenses and nursing services. The coverages can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. PIP is not universally available but it provides additional coverages not offered by medical payments coverage

Collision coverages – Collision insurance pays for damage to your Transit Wagon resulting from a collision with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers claims like sustaining damage from a pot hole, colliding with a tree, hitting a parking meter, scraping a guard rail and driving through your garage door. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

Coverage on a shoestring budget

As you quote car insurance, make sure you don’t buy poor coverage just to save money. There are many occasions where someone dropped full coverage only to regret they didn’t purchase enough coverage. Your aim should be to purchase a proper amount of coverage at a price you can afford.

We just showed you a lot of information how to compare 2017 Ford Transit Wagon insurance rates online. The most important thing to understand is the more quotes you get, the better your comparison will be. You may even discover the best rates are with an unexpected company. These companies may have significantly lower car insurance rates on certain market segments than their larger competitors like Progressive or GEICO.

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