2008 Ford Econoline Wagon Insurance Rates

Drivers have many options when trying to find the best price on Ford Econoline Wagon insurance. They can either spend hours contacting agents to compare prices or utilize the internet to find the lowest rates. There are both good and bad ways to find insurance online and you need to know the quickest way to compare rates for your Ford and obtain the lowest price either online or from local insurance agents.

It’s a good habit to take a look at other company’s rates once or twice a year because rates change regularly. Just because you had the lowest price for Econoline Wagon coverage last year there is a good chance you can find better rates now. Forget all the misinformation about insurance because you’re about to find out the quickest way to lower your rates without sacrificing coverage.

If you are insured now or are looking for a new policy, you can learn to cut your premiums while maintaining coverages. This information will let you in on how to get online quotes and some money-saving tips. Vehicle owners just need to know the best way to buy auto insurance online.

Discounts to lower Ford Econoline Wagon insurance rates

Companies that sell car insurance don’t always publicize every discount in a way that’s easy to find, so we took the time to find some of the more common as well as the least known insurance savings. If you aren’t receiving every discount available, you’re just leaving money on the table.

  • Clubs and Organizations – Belonging to certain professional organizations is a good way to get lower rates when buying insurance for Econoline Wagon coverage.
  • Theft Prevention System – Anti-theft and alarm systems help deter theft and qualify for as much as a 10% discount.
  • Student Driver Training – Cut your cost by having your teen driver successfully complete driver’s ed class in high school.
  • Distant Student – Kids in college who attend school more than 100 miles from home and do not have access to a covered vehicle can receive lower rates.
  • Multiple Vehicles – Insuring multiple vehicles with the same company could earn a price break for each car.
  • One Accident Forgiven – Certain companies will allow you to have one accident before hitting you with a surcharge if your claims history is clear for a particular time prior to the accident.
  • Good Students Pay Less – This discount can be rewarded with saving of up to 25%. Earning this discount can benefit you until age 25.

As a disclaimer on discounts, some credits don’t apply the the whole policy. Most cut the cost of specific coverages such as liability, collision or medical payments. So when it seems like adding up those discounts means a free policy, companies don’t profit that way.

For a list of insurance companies with discount insurance rates, click this link.

Finding Insurance Coverage Deals

Finding a better price on insurance coverage isn’t really that difficult. The only requirement is to spend a few minutes on the computer getting comparison quotes online with multiple companies. This is very easy and can be done in just a few minutes using one of these methods.

  1. One of the simplest ways consumers can make multiple comparisons is to use a rate comparison form click here to open form in new window. This easy form prevents you from having to do separate quote forms for every insurance coverage company. Taking the time to complete one form will get you rate comparisons from multiple companies. Recommended for those who want to invest the least amount of time.
  2. Another way to compare prices requires you to visit the website for every company you want to comare and request a quote. For instance, we’ll assume you want comparison quotes from State Farm, Progressive and Geico. To get each rate you have to take the time to go to each site and enter your policy data, which is why the first method is more popular.

    For a handy list of car insurance company links in your area, click here.

Which method you use is up to you, but double check that you are using identical coverages for each comparison quote. If you are comparing mixed coverages then you won’t be able to determine which rate is truly the best.

Ford Econoline Wagon rates influenced by many factors

Consumers need to have an understanding of the different types of things that help determine the price you pay for auto insurance. Understanding what controls the rates you pay helps enable you to make changes that could result in better auto insurance rates.

The following are some of the factors that factor into premiums.

  • How many coverages with the same company – Most companies will award you with lower prices to people who buy several policies from them such as combining an auto and homeowners policy. Discounts can be anywhere from five to ten percent in most cases. Even if you’re getting this discount it’s still a good idea to compare rates to make sure you are getting the best deal.
  • Never go without insurance – Having an insurance coverage lapse will be a guaranteed way to trigger a rate increase. And not only will your rates increase, but being ticketed for driving with no insurance will get you a steep fine or even jail time.You may then be required to submit proof of financial responsibility or a SR-22 with your state DMV.
  • Do you know your deductibles? – Physical damage insurance, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your Ford. Some examples of claims that would be covered could be colliding with a building, damage caused by hail, or theft. Your deductibles are how much you are willing to pay before a claim is paid by your company. The more money the insured has to pay upfront, the bigger discount you will receive for Econoline Wagon coverage.
  • Pleasure use saves money – Driving more miles each year the higher your rates will be. Most insurance companies apply a rate based on how the vehicle is used. Cars and trucks left parked in the garage receive lower rates than vehicles that are driven to work every day. An improperly rated Econoline Wagon can result in significantly higher rates. Make sure your auto insurance coverage is rated on the proper vehicle usage, because improper ratings can cost you money.

Tailor your coverage to you

When it comes to choosing the right insurance coverage for your personal vehicles, there really is no “best” method to buy coverage. Every insured’s situation is different.

For example, these questions can help discover if your insurance needs may require specific advice.

  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Does insurance cover tools stolen from my truck?
  • Do I need added coverage for expensive stereo equipment?
  • Do I really need UM/UIM coverage?
  • Is business property covered if stolen from my car?
  • How can I get high-risk coverage after a DUI?
  • Do I need more liability coverage?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Are all vehicle passengers covered by medical payments coverage?

If you don’t know the answers to these questions, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, complete this form. It’s fast, doesn’t cost anything and can provide invaluable advice.

Ads can be misleading

Drivers get pounded daily by advertisements that promise big savings by companies like State Farm, Geico and Progressive. All the companies make the same claim about savings if you change to them.

How does each company say the same thing?

All companies have a preferred profile for the driver that is profitable for them. An example of a profitable customer could be between the ages of 40 and 55, is a homeowner, and drives less than 10,000 miles a year. Any new insured who fits that profile will qualify for the lowest rates and therefore will cut their rates substantially.

Potential insureds who don’t measure up to the “perfect” profile must pay a higher premium and ends up with the driver buying from a lower-cost company. Company advertisements say “people who switch” but not “drivers who get quotes” save that kind of money. That’s why companies can claim big savings. This illustrates why it’s extremely important to get as many quotes as possible. Because you never know the company that will fit your personal profile best.

Car insurance coverage specifics

Learning about specific coverages of a car insurance policy can help you determine the right coverages at the best deductibles and correct limits. Policy terminology can be confusing and nobody wants to actually read their policy.

Auto collision coverage

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

Collision coverage pays for claims like backing into a parked car, scraping a guard rail and hitting a parking meter. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. Another option is to raise the deductible to save money on collision insurance.

Liability auto insurance

This coverage can cover damage that occurs to other’s property or people that is your fault. This insurance protects YOU against claims from other people, and doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery.

Liability can pay for things like attorney fees, funeral expenses, repair costs for stationary objects, pain and suffering and medical services. How much coverage you buy is a personal decision, but buy as high a limit as you can afford.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP provide coverage for immediate expenses for doctor visits, ambulance fees, X-ray expenses, pain medications and nursing services. They can be used in conjunction with a health insurance program or if you are not covered by health insurance. Coverage applies to all vehicle occupants in addition to getting struck while a pedestrian. PIP is not universally available and may carry a deductible

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked.

Comprehensive coverage

Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims such as damage from flooding, falling objects, damage from getting keyed and a tree branch falling on your vehicle. The highest amount a car insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Final considerations

Throughout this article, we presented a lot of ways to get a better price on 2008 Ford Econoline Wagon insurance. The most important thing to understand is the more you quote, the better your chances of lowering your rates. Consumers could even find that the biggest savings come from a small mutual company.

When you buy insurance online, it’s very important that you do not reduce coverage to reduce premium. In many instances, an insured cut liability limits or collision coverage only to discover later they didn’t purchase enough coverage. The proper strategy is to find the BEST coverage at a price you can afford while still protecting your assets.

People leave their current company for a number of reasons such as policy cancellation, extreme rates for teen drivers, being labeled a high risk driver or even high rates after DUI convictions. Regardless of your reason for switching companies, finding a great new company can be easy and end up saving you some money.

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