View 2016 Ford Transit Van Insurance Cost

Did you make the mistake of buying an overpriced insurance policy? You’re in good company because there are lots of people in the same boat.

Insurance companies such as Allstate and Progressive continually bombard you with fancy advertisements and it is difficult to separate fact from fiction and effectively compare rates to find the best deal.

Cheap car insurance quotes with discounts

Some insurers don’t always advertise all disounts very clearly, so here is a list both well-publicized as well as some of the hidden discounts that you may qualify for.

  • Discount for Swiching Early – A few larger companies allow discounts for switching policies before your current expiration date. You can save around 10% with this discount.
  • Government Employee Discount – Being employed by or retired from a federal job may reduce rates when you quote car insurance for Transit van insurance but check with your company.
  • Lower Rates for Military – Being on active deployment in the military could trigger a small discount.
  • Claim-Free Discount – Insureds who avoid accidents and claims can earn big discounts compared to frequent claim filers.
  • ABS and Traction Control Discounts – Cars with anti-lock braking systems can avoid accidents so companies give up to a 10% discount.
  • Student in College – Kids who are enrolled in a college that is more than 100 miles from home and won’t have access to an insured vehicle could get you a discount.
  • Discounts for New Vehicles – Buying a new car model can save up to 30% compared to insuring an older model.

As a footnote on discounts, most discounts do not apply the the whole policy. Most only reduce individual premiums such as comp or med pay. Just because you may think you could get a free car insurance policy, companies wouldn’t make money that way.

To see companies who offer cheap car insurance quotes, click here.

Components of your Ford Transit Van insurance prices

A large part of saving on auto insurance is knowing some of the things that go into determining the price you pay for auto insurance. When you understand what influences your rates, this helps enable you to make changes that may reward you with lower premium levels. Many different elements are considered when pricing auto insurance. Some are pretty understandable such as traffic violations, although others are less obvious like your vehicle usage or your vehicle rating.

  • Amount of liability – Liability coverage provides coverage when you are ruled to be at fault for physical damage or personal injury to other. Liability insurance provides for a legal defense starting from day one. This coverage is relatively inexpensive when compared to the cost of physical damage coverage, so buy as much as you can afford.
  • Better drivers pay less – Getting just one citation can increase rates to the point where it’s not affordable. Good drivers receive lower rates than bad drivers. Drivers who have severe tickets such as DUI, reckless driving or excessive speeding may find that they have to to prove financial responsibility with their state in order to continue driving.
  • Location can modify price – Residing in less populated areas of the country may provide you with better prices when buying auto insurance. Urban drivers have more aggressive driving styles and more time behind the wheel. Lower population means reduced accidents and also fewer theft and vandalism claims.
  • Multi-policy discounts can save money – Many insurance companies provide lower prices for people who have multiple policies with them such as combining an auto and homeowners policy. Discounts can add up to five, ten or even twenty percent. Even if you qualify for this discount already, you still need to check prices from other companies to confirm you are receiving the best rates possible. Drivers may still save even more by insuring with multiple companies.
  • Vocation stress can make you pay more – Do you work in a high-stress field? Occupations such as doctors, architects and stock brokers usually pay higher rates than average attributed to high stress and long work days. Conversely, jobs such as professors, historians and retirees have lower than average premiums for Transit van insurance.
  • Better prices for being claim-free – If you file a lot of claims you should expect higher rates. Companies award lower rates to insureds who only file infrequent claims. Auto insurance is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.

Tailor your insurance coverage coverage to you

When choosing adequate coverage, there isn’t really a “best” method to buy coverage. Everyone’s situation is a little different and your policy should reflect that. Here are some questions about coverages that may help highlight whether your personal situation will benefit from professional help.

  • Is my 2016 Ford Transit Van covered for flood damage?
  • Are rock chip repairs covered?
  • What is no-fault insurance?
  • Where can I find high-risk insurance?
  • Why do I only qualify for high-risk insurance?
  • Does my policy pay for OEM or aftermarket parts?
  • How much liability insurance is required?

If you don’t know the answers to these questions but one or more may apply to you, you may need to chat with a licensed agent. To find lower rates from a local agent, simply complete this short form or you can also visit this page to select a carrier

Insurance coverages 101

Learning about specific coverages of insurance helps when choosing appropriate coverage and proper limits and deductibles. Policy terminology can be confusing and reading a policy is terribly boring. These are typical coverage types offered by insurance companies.

Coverage for liability

This will cover damages or injuries you inflict on other people or property by causing an accident. It protects YOU against other people’s claims, and doesn’t cover your own vehicle damage or injuries.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 50/100/50 which means a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000. Occasionally you may see a combined limit which combines the three limits into one amount without having the split limit caps.

Liability coverage protects against claims such as loss of income, repair bills for other people’s vehicles, medical services, attorney fees and funeral expenses. How much liability coverage do you need? That is a personal decision, but you should buy as high a limit as you can afford.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage gives you protection from other drivers when they are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and also any damage incurred to your Ford Transit Van.

Since many drivers have only the minimum liability required by law, 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. Normally the UM/UIM limits do not exceed the liability coverage limits.

Auto collision coverage

This covers damage to your Transit Van from colliding with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things like colliding with another moving vehicle, backing into a parked car, hitting a mailbox, damaging your car on a curb and rolling your car. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. Drivers also have the option to choose a higher deductible to save money on collision insurance.

Comprehensive insurance

This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims such as hail damage, rock chips in glass, theft and vandalism. The highest amount a insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses such as hospital visits, funeral costs, chiropractic care and doctor visits. They are used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. Coverage applies to both the driver and occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay

One last thing

As you quote car insurance, it’s very important that you do not skimp on coverage in order to save money. In many cases, an accident victim reduced liability limits or collision coverage and discovered at claim time that it was a big mistake. Your aim should be to find the BEST coverage at an affordable rate while not skimping on critical coverages.

Low-cost 2016 Ford Transit Van insurance can be found on the web as well as from insurance agents, so you need to shop car insurance with both to get a complete price analysis. Some car insurance companies may not offer the ability to get a quote online and these small insurance companies only sell through independent agencies.

Additional detailed information is located in these articles:

Comments About 2016 Ford Transit Van Insurance

  1. Albertha Mcgowan

    It all costs too much. I live in a small town just outside of Parkersburg, WV. I got free quotes from GEICO, AIG Insurance, and Farmers for my Transit Van and I think I saved around $20 each month.

  2. Sigrid Mcclain

    If you’re a decent driver and live near North Charleston, SC, check out 21st Century. They seem to be cheaper. I recommend comparing lots of rates.

  3. James Haynes

    I think State Farm has low rates in California. For me anyway.

  4. Collette Christian

    Cheap is not always the best policy. From a town just southwest of Charlotte, North Carolina. Don’t remember every company but I ended up saving about $60 each month. I have kids on my policy, too. I used their online quote form to compare rates.

  5. Nyla Potts

    Anyone find cheap rates around Kansas City, Missouri?

  6. Son Montgomery

    Checking in from Providence, RI. Quoted with Amica, Safeco, and some smaller one I can’t remember the name of for my Ford and saved just over $140 a year. Was with 21st Century. I’m a pretty good driver though.

  7. Ignacia Estes

    Thanks for putting this site together. I live south of Henderson, Nevada. Quoted with Amica, Encompass, and MetLife for my 2016 Ford Transit Van and I think I saved about $40 each month. I got a quote from their website.

  8. Robt Monroe

    I found pretty cheap rate quotes for a 2016 Ford Transit Van in Montgomery, Alabama. Ended up at roughly $440 every six months with American Family. Left Auto-Owners to switch. They have a lot of discounts available.

  9. Delorse Joseph

    It all costs too much. I live in Springfield, MA. Don’t remember every company but I ended up saving about $40 each month.