Cheaper 2018 Ford Transit Connect Insurance Rates

Searching for better car insurance rates for your Ford Transit Connect? Having to pay for high-priced car insurance can diminish your personal savings and force you to make sacrifices. Doing a rate analysis can lower your rates and help to slash your bill and have more diposable income.

Insurance companies such as Allstate and Progressive promote their brand names with ads and it is challenging if not impossible to ignore the flashy ads and effectively compare rates to find the best deal.

Insurance coverage quotes and discounts

Properly insuring your vehicles can get expensive, but you can get discounts that many consumers don’t even know exist. Some of these disounts will be visible when you complete an application, but a few need to be inquired about prior to receiving the credit.

  • One Accident Forgiven – This isn’t a discount exactly, but certain companies will forgive one accident before raising your premiums if your claims history is clear for a particular time prior to the accident.
  • Military Discounts – Having a family member in the military can result in better rates.
  • Low Mileage Discounts – Low mileage vehicles could earn better prices on cars that stay parked.
  • Paperless Signup – A handful of companies will discount your bill up to fifty bucks simply for signing on the web.
  • Senior Citizen Discount – If you qualify as a senior citizen, you can get lower premium rates on Transit Connect insurance.
  • Early Switch Discount – A few insurance companies allow discounts for switching to them prior to your current policy expiring. This discount can save up to 10%.
  • Multiple Policy Discount – If you insure your home and vehicles and insure them with the same company you could earn a discount of at least 10% off all policies.

As a sidenote, most of the big mark downs will not be given to your bottom line cost. Most only apply to specific coverage prices like liability, collision or medical payments. Even though it appears you can get free auto insurance, nobody gets a free ride.

Large insurance coverage companies and the discounts they provide are:

  • Progressive has savings for homeowner, online quote discount, online signing, multi-policy, continuous coverage, and multi-vehicle.
  • GEICO may include discounts for membership and employees, seat belt use, federal employee, emergency military deployment, good student, driver training, and military active duty.
  • State Farm includes discounts for defensive driving training, good driver, accident-free, safe vehicle, driver’s education, anti-theft, and multiple policy.
  • Esurance discounts include good student, anti-theft, multi-policy, anti-lock brakes, and defensive driver.
  • The Hartford policyholders can earn discounts including vehicle fuel type, driver training, bundle, defensive driver, good student, air bag, and anti-theft.

It’s a good idea to ask all the companies to apply every possible discount. Some credits might not be offered on policies in your area. To see insurance companies who offer discounts, click this link.

Why your insurance premiums might be higher

Many factors are considered when you get your auto insurance bill. A few of the factors are predictable such as your driving history, but some are less obvious such as your credit history and annual miles driven.

Listed below are most of the major factors used by companies to determine your premiums.

  • Filing claims can cost more – Insurance companies award lower rates to people that do not abuse their auto insurance. If you frequently file small claims, you can expect higher premiums or even policy non-renewal. Your insurance policy is intended for larger claims.
  • Amount of liability protection – The liability section of your policy will provide protection if a court rules you are at fault for damages from an accident. Liability insurance provides legal defense coverage to defend your case. This coverage is relatively inexpensive compared to insuring for physical damage coverage, so do not skimp.
  • Occupation reflects on rates – Occupations such as fire fighterspolice officers and dentists usually pay higher rates than the rest of us attributed to intense work requirements and long work days. On the other hand, occupations such as farmers, athletes and the unemployed have lower than average premiums on Transit Connect insurance.
  • Save money with higher coverage deductibles – Deductibles for physical damage state the amount of money you are willing to pay out-of-pocket if you file a covered claim. Physical damage insurance, otherwise known as comp (or other than collision) and collision, protects your car from damage. Some examples of claims that would be covered would be collision with another vehicle, damage caused by hail, or theft of your vehicle. The more you’re willing to pay, the less your company will charge you for insurance on Transit Connect insurance.

Situations that may require an agent’s advice

When buying the right insurance coverage, there isn’t really a one size fits all plan. Everyone’s situation is a little different so your insurance should reflect that For instance, these questions might point out if your insurance needs may require specific advice.

  • Why does it cost so much to insure a teen driver?
  • How much liability do I need to cover my assets?
  • When would I need additional glass coverage?
  • I have good health insurance, so how much medical payments coverage do I need?
  • Am I covered if I hit my neighbor’s mailbox?
  • Should I buy full coverage?

If you can’t answer these questions but one or more may apply to you then you might want to talk to an insurance agent. If you don’t have a local agent, fill out this quick form or go to this page to view a list of companies.

Car insurance 101

Knowing the specifics of your insurance policy can be of help when determining which coverages you need and the correct deductibles and limits. The terms used in a policy can be confusing and reading a policy is terribly boring. Below you’ll find the normal coverages offered by insurance companies.

Medical payments coverage and PIP

Med pay and PIP coverage pay for expenses such as rehabilitation expenses, hospital visits, surgery and funeral costs. The coverages can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage provides protection from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries and damage to your 2018 Ford Transit Connect.

Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea. Normally these limits are set the same as your liablity limits.

Collision coverage protection

This coverage pays for damage to your Transit Connect resulting from a collision with an object or car. You first must pay a deductible then your collision coverage will kick in.

Collision coverage protects against things like hitting a mailbox, crashing into a ditch, colliding with another moving vehicle and sideswiping another vehicle. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. You can also bump up the deductible to bring the cost down.

Comprehensive coverage

This coverage will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things such as damage from flooding, a broken windshield, rock chips in glass and vandalism. The most a insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Liability car insurance

Liability insurance will cover injuries or damage you cause to other’s property or people by causing an accident. This coverage protects you against other people’s claims, and does not provide coverage for your injuries or vehicle damage.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 100/300/100 that translate to a $100,000 limit per person for injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property. Another option is one limit called combined single limit (CSL) which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage protects against things such as medical services, medical expenses and funeral expenses. How much liability should you purchase? That is up to you, but buy as high a limit as you can afford.

Be a penny pincher

Cost effective 2018 Ford Transit Connect insurance is possible on the web as well as from insurance agents, so you should be comparing quotes from both to have the best selection. There are still a few companies who do not offer online quoting and most of the time these small, regional companies sell through local independent agencies.

You just learned a lot of techniques to compare 2018 Ford Transit Connect insurance rates online. The key concept to understand is the more providers you compare, the better your chances of lowering your car insurance rates. You may even find the best rates are with a small mutual company. Smaller companies may cover specific market segments cheaper than their larger competitors like Allstate and Progressive.

Additional learning opportunities