Save on 2015 Ford Transit Connect Insurance Rates

Want the cheapest car insurance rates for your Ford Transit Connect? Are you tired of trying to scrape together enough money to buy car insurance? You are in the same boat as millions of other consumers.

Companies like Geico and Progressive constantly bombard you with fancy advertisements and it is difficult to sift through the bull and take the time to shop coverage around.

If you have car insurance now, you stand a good chance to be able to save some money using these tips. Finding affordable coverage is easy if you know what you’re doing. But vehicle owners benefit from understanding how the larger insurance companies price online insurance and apply this information to your search.

How to Compare Car Insurance

The are a couple different ways of comparing rate quotes from local car insurance companies. The easiest way by far to compare 2015 Ford Transit Connect insurance prices is simply to get online rate quotes. This can be done using a couple different methods.

  • The most efficient way to compare a lot of rates at once is a comparison rater form like this one (opens in new window). This method keeps you from doing multiple quote forms for each company. Completing one form will return quotes from car insurance companies with the best prices.
  • A slightly less efficient method to get quotes online requires you to visit each company’s website and fill out their own quote form. For sake of this example, let’s say you want to compare Auto-Owners, Safeco and Progressive. To get each rate you have to spend time on each company’s site and enter your policy data, and that’s 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 compare exactly the same information for every quote you compare. If you enter differing limits it will be impossible to make an equal comparison. Just a small difference in coverage limits can make a big difference in price. And when comparing car insurance rates, know that having more price comparisons gives you a better chance of getting a lower rate.

Discounts are basically free money

Companies offering auto insurance don’t always publicize all their discounts very well, so we break down both well-publicized as well as the least known savings tricks you should be using.

  • Student in College – Kids in college who are attending college and don’t have a car can receive lower rates.
  • Homeowners Savings – Owning a home can save you money due to the fact that maintaining a home demonstrates responsibility.
  • Low Mileage – Fewer annual miles on your Ford can earn better rates on cars that stay parked.
  • Lower Rates for Military – Having a deployed family member could mean lower rates.
  • Seat Belt Usage – Buckling up and requiring all passengers to buckle their seat belts could cut 10% or more on the medical payments or PIP coverage costs.
  • Drivers Education – Have your child enroll in driver’s education in school.
  • Auto/Home Discount – When you have multiple policies with the same company you may save up to 20% off your total premium.
  • Discount for New Cars – Adding a new car to your policy can be considerably cheaper since new cars are generally safer.
  • Early Signing – Some companies give discounts for switching policies before your current policy expires. This can save 10% or more.

Keep in mind that most discounts do not apply to the entire policy premium. Most only apply to the price of certain insurance coverages like liability and collision coverage. So despite the fact that it appears all those discounts means the company will pay you, companies don’t profit that way.

To see a list of companies with the best car insurance discounts, follow this link.

Parts of the Ford Transit Connect rate equation

Consumers need to have an understanding of some of the elements that go into determining the rates you pay for auto insurance. Having a good understanding of what determines base rates helps enable you to make changes that may reward you with lower auto insurance prices.

  • Rural vs Urban Areas – Residing in less populated areas can save you money when insuring your vehicles. City drivers regularly have traffic congestion and much longer commute distances. Less people living in that area means fewer accidents and also fewer theft and vandalism claims.
  • Add-on coverages can add up – There are a lot of extra coverages that you can get tricked into buying on your Transit Connect policy. Coverages like vanishing deductibles, accidental death and motor club memberships may be wasting your money. They may seem good initially, but if you don’t need them get rid of them and save.
  • Never allow your policy to lapse – Letting your insurance expire is a fast way to bump up your auto insurance costs. Not only will rates go up, getting caught without coverage will get you a license revocation or jail time.
  • How many coverages with the same company – Most auto insurance companies provide better rates to people who consolidate policies with them in the form of a multi-policy discount. Even if you’re getting this discount you still need to comparison shop to ensure the best deal.
  • Small claims can cost you – Companies provide better rates to insureds who do not file claims often. If you tend to file frequent claims, you can expect higher rates. Insurance coverage is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.

Which insurance is the “right” coverage?

When choosing adequate coverage, there really is no single plan that fits everyone. Every situation is different and a cookie cutter policy won’t apply. For instance, these questions might point out whether or not you might need an agent’s assistance.

  • Are my friends covered when driving my car?
  • I don’t drive much so do I pay less?
  • Am I covered when delivering products for my home-based business?
  • How can I find cheaper teen driver insurance?
  • Do I need special endorsements for business use of my vehicle?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • How can I force my company to pay a claim?
  • Do I have coverage when using my vehicle for my home business?

If you’re not sure about those questions but one or more may apply to you then you might want to talk to an agent. To find lower rates from a local agent, take a second and complete this form or click here for a list of insurance companies in your area.

Parts of your car insurance policy

Learning about specific coverages of your policy can help you determine appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. These are the usual coverages offered by car insurance companies.

Collision insurance

Collision coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against claims such as sideswiping another vehicle, rolling your car, colliding with a tree and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. Drivers also have the option to increase the deductible to get cheaper collision coverage.

Comprehensive coverages

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

Comprehensive insurance covers things such as damage from getting keyed, fire damage and falling objects. The maximum amount a car insurance company will pay at claim time is the 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 insurance

Liability coverage protects you from injuries or damage you cause to a person or their property that is your fault. It protects YOU from legal claims by others, and doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.

Liability coverage pays for claims such as medical services, repair costs for stationary objects and legal defense fees. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses like ambulance fees, chiropractic care and rehabilitation expenses. They are used to fill the gap from your health insurance policy or if you lack health insurance entirely. They cover all vehicle occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Uninsured and underinsured coverage

This coverage provides protection when other motorists either are underinsured or have no liability coverage at all. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.

Because many people carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family.

Money doesn’t grow on trees

As you go through the steps to switch your coverage, do not sacrifice coverage to reduce premiums. In too many instances, someone dropped physical damage coverage and learned later they didn’t purchase enough coverage. Your aim should be to purchase plenty of coverage at an affordable rate while not skimping on critical coverages.

Budget-conscious 2015 Ford Transit Connect insurance is attainable from both online companies and also from your neighborhood agents, and you should be comparing both to have the best selection. Some insurance coverage companies may not provide online quoting and many times these small insurance companies only sell through independent insurance agents.

We’ve covered some good ideas how to get a better price on insurance. The key concept to understand is the more rate comparisons you have, the better your comparison will be. You may even discover the lowest priced insurance coverage comes from the least-expected company. Smaller companies may only write in your state and offer lower rates than the large multi-state companies such as State Farm and Allstate.

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