Compare 2008 Ford Econoline Cargo Insurance Rates

Consumers have lots of choices when looking for the lowest priced Ford Econoline Cargo insurance. They can either waste time contacting agents to get rate comparisons or save time using the internet to compare rates.

There is a right way and a wrong way to find insurance coverage online so you’re going to learn the quickest way to compare rates on a Ford and locate the best price possible.

Don’t miss these discounts

The cost of insuring your cars can be expensive, but there are discounts available to help bring down the price. Larger premium reductions will be automatically applied at the time you complete a quote, but lesser-known reductions have to be asked for before being credited. If you aren’t receiving every discount possible, you’re just leaving money on the table.

  • Sign Early and Save – Some companies give discounts for signing up prior to your current policy expiring. It can save you around 10%.
  • Safe Driver Discount – Drivers who don’t get into accidents can get discounts for up to 45% lower rates on Econoline Cargo coverage than drivers with accidents.
  • Discount for Good Grades – Getting good grades can be rewarded with saving of up to 25%. Earning this discount can benefit you well after school through age 25.
  • Government Employees – Being employed by or retired from a federal job could cut as much as 10% off on Econoline Cargo coverage depending on your company.
  • Payment Method – If paying your policy premium upfront rather than paying monthly you could save up to 5%.
  • Defensive Driving Course – Completing a defensive driving course could possibly earn you a 5% discount depending on where you live.
  • Claim Free – Good drivers with no accidents pay less when compared with drivers who are more careless.
  • Homeowners Savings – Simply owning a home may trigger a insurance policy discount due to the fact that maintaining a home requires personal responsibility.

As a disclaimer on discounts, most discounts do not apply to the overall cost of the policy. Some only apply to specific coverage prices like collision or personal injury protection. So when the math indicates it’s possible to get free car insurance, it doesn’t quite work that way. But any discount will reduce the cost of coverage.

Car insurance companies that may have these money-saving discounts include:

Check with all companies you are considering which discounts they offer. Discounts may not apply in your area.

Parts of the Ford Econoline Cargo rate equation

It’s important that you understand the different types of things that come into play when calculating the price you pay for car insurance. Having a good understanding of what influences your rates enables informed choices that will entitle you to much lower annual insurance costs.

The list below includes a few of the “ingredients” car insurance companies consider when setting prices.

  • Where you live – Choosing to live in small towns and rural areas can save you money when talking about car insurance. City drivers have to deal with traffic congestion and much longer commute distances. Fewer drivers means a lower chance of having an accident as well as less vandalism and auto theft.
  • Low deductibles can be expensive – The deductibles define the amount you are required to spend out-of-pocket in the event of a claim. Coverage for physical damage, otherwise known as comp (or other than collision) and collision, insures against damage to your car. Examples of covered claims are running into the backend of another car, vandalism, and windstorm damage. The higher the amount you’re willing to pay, the less your car insurance will be on Econoline Cargo coverage.
  • Proper usage rating affects rates – The more you drive in a year the higher your rate. Almost all companies apply a rate based on their usage. Autos left parked in the garage receive lower rates as compared to vehicles used primarily for driving to work. Make sure your car insurance policy is showing the correct driver usage, because improper ratings can cost you money. If your policy improperly rates your Econoline Cargo may be wasting your money.
  • How credit affects car insurance rates – Your credit history is a big factor in calculating your car insurance rates. Therefore, if your credit history is not that good, you could potentially save money when insuring your 2008 Ford Econoline Cargo by improving your credit score. Consumers who have good credit tend to be less risk to insure than those with lower credit scores.
  • Older drivers pay less – Older insureds are more responsible, file fewer claims and are safer drivers. Teen drivers have a tendency to get distracted easily when behind the wheel and because of this, their car insurance rates are much higher.
  • No coverage gaps is important – Letting your insurance expire will be a guaranteed way to increase your car insurance rates. And not only will insurance be more expensive, but being ticketed for driving with no insurance can result in a license revocation or jail time.Then you may be required to submit proof of financial responsibility or a SR-22 with your state DMV.

When might I need help?

When buying adequate coverage for your vehicles, there isn’t really a “best” method to buy coverage. Each situation is unique.

These are some specific questions may help highlight if your situation might need professional guidance.

  • Is borrowed equipment or tools covered if stolen or damaged?
  • Should I buy only the required minimum liability coverage?
  • What happens if I owe more than my 2008 Ford Econoline Cargo is worth?
  • Is a new car covered when I drive it off the dealer lot?
  • Can my teen drive my company car?
  • Are my tools covered if they get stolen from my vehicle?
  • Do I have any recourse if my insurance company denies a claim?

If you’re not sure about those questions but one or more may apply to you, you might consider talking to a licensed agent. To find an agent in your area, fill out this quick form. It only takes a few minutes and can provide invaluable advice.

Auto insurance coverage information

Knowing the specifics of insurance aids in choosing the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring.

UM/UIM Coverage

This coverage provides protection when other motorists either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your Ford Econoline Cargo.

Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important. Normally these limits do not exceed the liability coverage limits.

Comprehensive or Other Than Collision

This pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as rock chips in glass, hail damage and damage from flooding. The highest amount a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Coverage for liability

This will cover damages or injuries you inflict on other’s property or people in an accident. This insurance protects YOU against other people’s claims. It does not cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see liability limits of 25/50/25 that means you have $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property. Another option is one number which is a combined single limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage protects against things such as attorney fees, loss of income and court costs. How much coverage you buy is your choice, but buy as much as you can afford.

Auto collision coverage

This covers damage to your Econoline Cargo caused by collision with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims like colliding with a tree, scraping a guard rail and driving through your garage door. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Medical costs insurance

Med pay and PIP coverage provide coverage for immediate expenses like prosthetic devices, ambulance fees, X-ray expenses, EMT expenses and pain medications. They are utilized in addition to your health insurance policy or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. PIP is not universally available but it provides additional coverages not offered by medical payments coverage

A tidy conclusion

Consumers who switch companies do it for many reasons like high rates after DUI convictions, delays in paying claims, unfair underwriting practices or even high prices. It doesn’t matter what your reason, finding a new auto insurance company is less work than it seems.

We’ve covered many ways to lower your 2008 Ford Econoline Cargo insurance rates. The key thing to remember is the more price quotes you have, the more likely it is that you will get a better rate. Consumers may even find the lowest premiums are with the smaller companies.

Cheap insurance can be found online and also from your neighborhood agents, so you should be comparing quotes from both to have the best chance of lowering rates. Some insurance companies may not provide online quoting and usually these small, regional companies provide coverage only through local independent agents.

More detailed auto insurance information is located in these articles: