2003 Ford Econoline Cargo Insurance Rates – 6 Ideas for Best Quotes

Finding lower premiums on auto insurance is always a challenge for consumers not familiar with comparing rates online. Drivers have so many companies to choose from that it can quickly become a big hassle to find the best price.

It’s important to compare rates yearly because prices tend to go up over time. If you had the lowest rates on Econoline Cargo insurance last year the chances are good that you can find a lower rate today. So just ignore everything you know about auto insurance because it’s time to teach you the quickest way to lower your annual insurance bill.

The purpose of this article is to let you in on how car insurance quotes work and some tricks to saving. If you currently have a car insurance policy, you should be able to reduce your rates substantially using these methods. But drivers do need to know how insurance companies market on the web and take advantage of how the system works.

Save big with these six discounts

Insurance can be prohibitively expensive, but companies offer discounts to cut the cost considerably. A few discounts will automatically apply at the time of quoting, but some may not be applied and must be asked for prior to receiving the credit.

  • Low Mileage Discounts – Fewer annual miles on your Ford can earn a substantially lower rate.
  • Federal Government Employee – Employees or retirees of the government can earn a discount up to 10% on Econoline Cargo insurance with certain companies.
  • Claim Free – Drivers with accident-free driving histories can earn big discounts when compared to accident-prone drivers.
  • Homeowners Savings – Being a homeowner can save you money because maintaining a house demonstrates responsibility.
  • Driver Safety – Taking a course in driver safety could possibly earn you a 5% discount depending on where you live.
  • Senior Citizens – If you’re over the age of 55, you can possibly qualify for a discount up to 10% on Econoline Cargo insurance.

It’s important to note that most discount credits are not given to the entire cost. A few only apply to individual premiums such as collision or personal injury protection. So despite the fact that it appears you can get free auto insurance, it doesn’t quite work that way. Any qualifying discounts will help reduce the cost of coverage.

Insurance companies who might offer some of the above discounts include:

Before buying, ask each insurance company what discounts are available to you. All car insurance discounts might not apply in your area.

Comprehensive Insurance Comparison Quotes

There are multiple methods to shop for 2003 Ford Econoline Cargo insurance, but there is one way that is easier and takes less work. You can waste hours driving to agents in your area, or you can utilize online quotes to get rate comparisons in just a few minutes.

Most of the larger companies are enrolled in a marketplace where prospective buyers submit one quote, and each participating company can give them a price. This saves time by eliminating quote requests for each company you want a rate for.

To find out how much you’re overpaying now click here (opens in new window).

The one downside to getting quotes like this is you cannot specify the companies to receive prices from. So if you want to choose specific insurance companies to request quotes from, we have assembled a list of companies who write insurance in your area. Click here to view list.

Which method you use is up to you, but make absolute certain that you use the exact same coverages for every quote you compare. If you are comparing different liability limits then you won’t be able to determine the best price for your Ford Econoline Cargo. Having just a slight variation in insurance coverages can mean a large discrepancy in price. And when price shopping your coverage, obtaining a wide range of quotes will improve the odds of getting the best rates.

But I don’t know anything about car insurance

When it comes to choosing the best auto insurance coverage, there is no one size fits all plan. Each situation is unique.

Here are some questions about coverages that might help in determining whether or not you might need an agent’s assistance.

  • Do I need PIP (personal injury protection) coverage in my state?
  • What are the financial responsibility laws in my state?
  • When does my teenage driver need to be added to my policy?
  • How much underlying liability do I need for an umbrella policy?
  • Does my policy pay for OEM or aftermarket parts?
  • Should I drop comprehensive coverage on older vehicles?
  • Does my insurance cover damage caused when ticketed for reckless driving?

If you’re not sure about those questions, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, complete this form.

Specific coverages for a Ford Econoline Cargo

Knowing the specifics of a insurance policy can help you determine appropriate coverage and proper limits and deductibles. Policy terminology can be difficult to understand and nobody wants to actually read their policy.

Medical costs insurance

Coverage for medical payments and/or PIP provide coverage for expenses such as dental work, hospital visits and rehabilitation expenses. They are utilized in addition to your health insurance program or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

Coverage for liability

Liability coverage can cover damage that occurs to a person or their property that is your fault. It protects you against claims from other people. It does not cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 25/50/25 that means you have $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property. Alternatively, you may have a combined limit which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage pays for things like repair costs for stationary objects, structural damage and court costs. The amount of liability coverage you purchase is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.

Comprehensive or Other Than Collision

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like falling objects, damage from a tornado or hurricane, fire damage, vandalism and hail damage. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Collision insurance

Collision insurance covers damage to your Econoline Cargo resulting from colliding with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as hitting a mailbox, rolling your car, sustaining damage from a pot hole and crashing into a building. This coverage can be expensive, so you might think about dropping it from lower value vehicles. Another option is to bump up the deductible to get cheaper collision coverage.

UM/UIM Coverage

This gives you protection when other motorists either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family as well as your vehicle’s damage.

Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Frequently these coverages are identical to your policy’s liability coverage.

In Summary

The cheapest 2003 Ford Econoline Cargo insurance is available online in addition to many insurance agents, and you should be comparing both to have the best selection. There are still a few companies who do not provide the ability to get a quote online and most of the time these regional insurance providers sell through independent agents.

Insureds leave their current company for any number of reasons including high prices, delays in paying claims, policy non-renewal or being labeled a high risk driver. It doesn’t matter why you want to switch choosing a new insurance company is actually quite simple.

We covered many tips how you can lower your insurance rates. The key thing to remember is the more you quote, the higher your chance of finding lower rates. You may even discover the biggest savings come from the least-expected company.

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