Trying to find better auto insurance rates for your Ford Transit Van? Having to pay for overpriced auto insurance can overdraw your checking account and make it hard to pay other bills. Comparison shopping is free and is an excellent way to slash your bill and have more diposable income. Numerous car insurance companies battle for your business, so it can be very hard to choose a insurer and get the definite best price available.
You should take the time to do rate comparisons before your policy renews because insurance rates are constantly changing. Even if you got the best deal for Transit van coverage two years ago you may be paying too much now. Ignore everything you know about auto insurance because I’m going to let you in on the secrets to the best way to lower your rates without sacrificing coverage.
Insuring your vehicles can cost a lot, but companies offer discounts that many people don’t even know exist. Most are applied when you get a quote, but lesser-known reductions have to be specifically requested prior to getting the savings. If they aren’t giving you every credit possible, you’re just leaving money on the table.
It’s important to note that most discount credits are not given to the overall cost of the policy. Most only apply to specific coverage prices like comp or med pay. So even though they make it sound like having all the discounts means you get insurance for free, you won’t be that lucky. But all discounts will reduce your overall premium however.
Companies that possibly offer these benefits include:
Before buying, ask each company how you can save money. Discounts may not be available in your area.
Getting a cheaper price on 2015 Ford Transit Van insurance isn’t really that difficult. Just take a couple of minutes comparing price quotes from different insurance companies. This can be done in just a few minutes using one of these methods.
One of the best ways consumers can make multiple comparisons is a comparison rater form (click to open form in new window). This form eliminates the need for separate quotation requests for every car insurance company. Just one form compares rates direct from many companies.
A more time consuming way to get quotes online requires you to visit each individual company website and complete a new quote form. For example, we’ll assume you want to compare Farmers, 21st Century and American Family. To get rate quotes you would need to go to every website to input your insurance information, which is why the first method is quicker. For a handy list of car insurance company links in your area, click here.
Whichever method you choose, double check that you are using exactly the same coverages and limits with each company. If you enter higher or lower deductibles then you won’t be able to determine the lowest rate for your Ford Transit Van.
Consumers need to have an understanding of the different types of things that play a part in calculating your auto insurance rates. Having a good understanding of what determines base rates empowers consumers to make smart changes that will entitle you to much lower annual insurance costs.
When it comes to buying the best insurance coverage coverage, there isn’t really a “perfect” insurance plan. Each situation is unique so your insurance needs to address that. For instance, these questions can aid in determining if your situation might need an agent’s assistance.
If you don’t know the answers to these questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area. It only takes a few minutes and may give you better protection.
Knowing the specifics of a auto insurance policy can be of help when determining which coverages you need at the best deductibles and correct limits. The terms used in a policy can be ambiguous and reading a policy is terribly boring. Shown next are typical coverages found on the average auto insurance policy.
Comprehensive coverage (or Other than Collision)
This pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive can pay for claims like rock chips in glass, damage from getting keyed, theft and a broken windshield. The most your auto insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.
Uninsured Motorist or Underinsured Motorist insurance
Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family. Usually these coverages are identical to your policy’s liability coverage.
Liability car insurance
This coverage protects you from damages or injuries you inflict on other’s property or people in an accident. It protects YOU from legal claims by others, and doesn’t cover your own vehicle damage or injuries.
It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 25/50/25 which means $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and $25,000 of coverage for damaged propery. Some companies may use one limit called combined single limit (CSL) which limits claims to one amount without having the split limit caps.
Liability coverage pays for things such as repair bills for other people’s vehicles, emergency aid and medical expenses. How much liability coverage do you need? That is a personal decision, but buy as high a limit as you can afford.
Collision coverage protection
This pays for damage to your Transit Van resulting from colliding with another car or object. You will need to pay your deductible then your collision coverage will kick in.
Collision can pay for claims such as crashing into a ditch, hitting a parking meter, colliding with a tree, sideswiping another vehicle and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. It’s also possible to bump up the deductible to bring the cost down.
Insurance for medical payments
Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses for surgery, X-ray expenses, rehabilitation expenses and hospital visits. They are often utilized in addition to your health insurance policy or if there is no health insurance coverage. Coverage applies to all vehicle occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay
Budget-conscious 2015 Ford Transit Van insurance can be purchased online as well as from independent agents, so compare prices from both to have the best rate selection. A few companies don’t offer online quoting and usually these regional insurance providers provide coverage only through local independent agents.
We just showed you some good ideas how to compare insurance prices online. The key thing to remember is the more quotes you get, the higher the chance of saving money. Drivers may discover the lowest priced insurance coverage comes from the smaller companies. These companies often have lower prices on specific markets as compared to the big name companies such as GEICO and State Farm.
Much more information about insurance coverage can be read at the links below