View 2016 Ford Transit Connect Insurance Cost

There isn’t a single person who rejoices having to buy insurance coverage, in particular when they could lower their rates if they shopped around. Many insurers compete for your insurance dollar, and it can be difficult to compare rates and uncover the absolute best price available.

It’s important to check insurance coverage prices before your next renewal because insurance coverage rates tend to go up over time. Even if you got the best rate for Transit Connect insurance two years ago a different company probably has better prices today. Ignore everything you know about insurance coverage because you’re about to learn one of the quickest ways to find better rates and still maintain coverage.

If you are insured now or are just looking to switch companies, you will benefit by learning to get lower rates while maximizing coverage. Choosing the best insurance company for you is not that difficult. Drivers just need to learn the proper way to compare company rates on the web.

How insurance providers calculate Ford Transit Connect insurance prices

Lots of things are considered when you get a price on insurance. Some of the criteria are obvious like an MVR report, although some other factors are less obvious such as your marital status or your commute time.Smart consumers have a good feel for a few of the rating criteria that come into play when calculating the price you pay for insurance coverage. If you understand what influences your rates, this allows you to make good choices that may reward you with much lower annual insurance costs.

Shown below are just a few of the factors used by insurance companies to determine your premiums.

• Having a spouse can save on insurance coverage – Having a significant other can get you a discount on insurance coverage. Having a significant other generally demonstrates drivers are more stable financially it has been statistically shown that drivers who are married are more cautious.
• Don’t cancel your insurance coverage without a new one in place – Driving your car without having proper coverage is illegal and companies may charge more for letting your insurance expire. In addition to paying higher premiums, not being able to provide proof of insurance may earn you fines and jail time.
• Five star safety rating saves money – Safer cars tend to have better insurance rates. These vehicles reduce the chance of injuries and any reduction in injury severity translates into savings for insurance companies which can result in lower premiums. If the Ford Transit Connect has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may be receiving a better rate.
• Extra coverages you don’t need – Insurance policies have a lot of extra add-on coverages that can waste your money if you aren’t diligent. Add-on coverages like rental car reimbursement, towing coverage, and membership fees may be wasting your money. You may think they are a good idea when deciding what coverages you need, but if you don’t need them eliminate them to save money.
• Raising comp and collision deductibles lowers rates – Coverage for physical damage, also called ‘full coverage’, covers damage that occurs to your Ford. Some examples of covered claims are a broken side mirror, hitting a deer, and rolling your vehicle. Deductibles for physical damage represent how much money you are willing to pay if the claim is covered. The more damage repair cost you are required to pay out-of-pocket, the lower your rates will be for Transit Connect insurance.
• Gender and car insurance – Over the last 50 years, statistics have shown that females tend to be a little less risky than males. This data doesn’t prove that men are WORSE drivers than women. Women and men are responsible for auto accidents at a similar rate, but men tend to have more serious accidents. Men also statistically receive more costly citations such as DWI and reckless driving.

Ways to get insurance coverage quotes

Reducing your 2016 Ford Transit Connect insurance rates is not a difficult process. The only thing you need to do is spend a few minutes to get quotes online with multiple companies. Insurance prices can be quoted using a couple different methods.

One of the best ways consumers can analyze rates is a comparison rater form like this one (opens in new window). This method keeps you from doing separate quotes for each price estimate. Filling out one form will return price quotes instantly.

A less efficient way to analyze rates is to take the time to go to each company website and go through the quote process again. For examples sake, we’ll pretend you want comparison quotes from Liberty Mutual, Farmers and GMAC. In order to compare rates, you need to navigate to each company’s site to enter the same coverage data repeatedly, which can get old fast. To view a list of companies in your area, click here.

Even if you have time, the least recommended way to get price estimates to different agent offices. Doing it all online eliminates the middleman unless you’re the type of person who wants the professional abilities of an agent trained in personal lines coverage. However, consumers can price shop your coverage online but still have the advice of a local agent.

It doesn’t matter which method you choose, just ensure you are comparing the same coverages and limits on every price quote you get. If you use different deductibles it will be next to impossible to truly determine the lowest rate.

Are you earning every discount?

Insurance coverage is easily one of your largest bills, but you may find discounts that many people don’t even know exist. Larger premium reductions will be automatically applied at the time you complete a quote, but some discounts are required to be manually applied before they will apply.

• Accident Forgiveness – This one isn’t a discount, but certain companies permit an accident before raising your premiums if your claims history is clear for a set time period.
• Distant Student Discount – Children who are enrolled in a college that is more than 100 miles from home and won’t have access to an insured vehicle may be able to be covered for less.
• Discounts for Government Workers – Federal government employees could cut as much as 10% off for Transit Connect insurance with select insurance companies.
• Seat Belt Discounts – Drivers who require all vehicle occupants to use their safety belts can save 10% or more off the personal injury premium cost.
• Online Discount – A handful of companies provide a small discount for completing your application on the internet.
• Telematics Devices – Drivers who agree to allow data collection to monitor where and when they drive by using a telematics device such as State Farm’s In-Drive could save a few bucks as long as the data is positive.

We need to note that many deductions do not apply to the entire cost. A few only apply to specific coverage prices like comprehensive or collision. Just because you may think you can get free auto insurance, you’re out of luck.

A list of companies and some of their more popular discounts are outlined below.

• Geico may offer discounts for multi-vehicle, daytime running lights, membership and employees, federal employee, and seat belt use.
• SAFECO has savings for accident prevention training, anti-theft, drive less, teen safe driver, multi-car, and safe driver.
• State Farm may include discounts for good student, student away at school, passive restraint, anti-theft, safe vehicle, and multiple policy.
• MetLife policyholders can earn discounts including claim-free, accident-free, defensive driver, good driver, and good student.
• 21st Century has discounts for driver training, homeowners, good student, anti-lock brakes, and defensive driver.
• Progressive includes discounts for homeowner, continuous coverage, multi-vehicle, good student, online signing, and online quote discount.

Check with each insurance company which discounts they offer. Some of the earlier mentioned discounts might not be offered on policies in your area. To find insurance companies that offer the discounts shown above, follow this link.

When in doubt talk to an agent

When choosing proper insurance coverage, there really is not a best way to insure your cars. Everyone’s situation is a little different so your insurance should reflect that For instance, these questions could help you determine if you may require specific advice.

• Will I lose any money if I cancel my policy before it expires?
• Can I still get insurance after a DUI?
• Do I have coverage when pulling a U-Haul trailer?
• How much liability coverage do I need in my state?
• What if I owe more than I can insure my car for?
• How can I find cheaper teen driver insurance?
• What exactly is covered by my policy?
• Are my friends covered when driving my car?
• Why do I need rental car insurance?
• Can my teen driver be rated on a liability-only vehicle?

If you can’t answer these questions but one or more may apply to you, you might consider talking to a licensed agent. To find lower rates from a local agent, take a second and complete this form or you can also visit this page to select a carrier It only takes a few minutes and can help protect your family.

Coverages available on your insurance policy

Having a good grasp of a insurance policy can help you determine which coverages you need for your vehicles. The terms used in a policy can be confusing and reading a policy is terribly boring. Shown next are typical coverage types found on most insurance policies.

Auto collision coverage

This coverage pays to fix your vehicle from damage from colliding with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage protects against claims like damaging your car on a curb, colliding with a tree and rolling your car. This coverage can be expensive, so you might think about dropping it from vehicles that are older. Another option is to choose a higher deductible in order to get cheaper collision rates.

Uninsured or underinsured coverage

This coverage provides protection when the “other guys” are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants as well as damage to your Ford Transit Connect.

Due to the fact that many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is important protection for you and your family. Most of the time the UM/UIM limits are similar to your liability insurance amounts.

Auto liability insurance

Liability insurance provides protection from damage that occurs to a person or their property. This insurance protects YOU against other people’s claims, and doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see values of 100/300/100 that means you have $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000. Some companies may use a combined single limit or CSL that pays claims from the same limit without having the split limit caps.

Liability coverage pays for claims like loss of income, legal defense fees and pain and suffering. How much coverage you buy is a personal decision, but consider buying as much as you can afford.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses for prosthetic devices, X-ray expenses, doctor visits, rehabilitation expenses and chiropractic care. They are used in conjunction with a health insurance plan or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. PIP is only offered in select states and gives slightly broader coverage than med pay

Comprehensive protection

Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as damage from getting keyed, damage from a tornado or hurricane, vandalism, theft and hitting a bird. The maximum payout a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Quote more, save more

We covered a lot of information how to reduce 2016 Ford Transit Connect insurance rates online. The most important thing to understand is the more quotes you get, the higher your chance of finding inexpensive insurance. You may be surprised to find that the lowest priced car insurance comes from a company that doesn’t do a lot of advertising. These smaller insurers often have lower auto insurance rates on specific markets than the large multi-state companies such as State Farm and Allstate.

As you prepare to switch companies, don’t be tempted to buy poor coverage just to save money. There are too many instances where someone sacrificed uninsured motorist or liability limits and discovered at claim time they didn’t purchase enough coverage. The goal is to get the best coverage possible at the best price while not skimping on critical coverages.

Some car insurance companies don’t offer online quoting and most of the time these smaller providers provide coverage only through independent insurance agencies. Cheaper car insurance is available on the web and also from your neighborhood agents, so you should compare both to have the best rate selection.

Additional car insurance information is available at the links below

• How to Avoid Buying a Flooded Car (Insurance Information Insitute)
• Determining Your Vehicle’s Value and Repair Cost (Insurance Information Insitute)
• Winter Driving (Insurance Information Insitute)
• Help Your Teen Be a Better Driver (State Farm)
• Reducing Your Risks in a Car Crash Video (iihs.org)
• What to do at the Scene of an Accident (Insurance Information Insitute)