Trying to find cheaper car insurance rates for your Ford Transit Connect? I can’t think of anyone who enjoys paying for car insurance, in particular when they are paying too much. Many insurers compete for your insurance dollar, and because of this it can be hard to compare insurance companies and get the best coverage at the lowest rate
Consumers need to have an understanding of the different types of things that come into play when calculating car insurance rates. When you know what positively or negatively influences your rates enables informed choices that could result in big savings.
Companies offering auto insurance do not advertise every discount in a way that’s easy to find, so the following is a list of some of the more common as well as the least known savings tricks you should be using. If you aren’t receiving every discount you qualify for, you are throwing money away.
Drivers should understand that most discounts do not apply to your bottom line cost. Some only apply to the cost of specific coverages such as medical payments or collision. So even though they make it sound like you can get free auto insurance, you won’t be that lucky.
A partial list of companies that may have some of the above discounts include:
Before buying, ask each insurance company what discounts are available to you. Some discounts may not apply in your area.
Consumers can’t get away from ads for cheaper car insurance by companies like 21st Century, Allstate and State Farm. They all have a common claim about savings if you switch to them.
How does each company claim to save you money? This is how they do it.
Insurance companies have a certain “appetite” for the type of customer that earns them a profit. An example of a profitable customer might be between 30 and 50, has no tickets, and chooses high deductibles. A propective insured who meets those qualifications will get very good rates and most likely will save when switching.
Consumers who don’t measure up to this ideal profile must pay a more expensive rate and ends up with business not being written. The ad wording is “drivers who switch” but not “drivers who get quotes” save that much. That is how insurance companies can state the savings. This illustrates why drivers should compare many company’s rates. It’s just too difficult to predict which insurance companies will provide you with the cheapest Ford Transit Connect insurance rates.
When buying the right insurance coverage for your vehicles, there is no best way to insure your cars. Everyone’s needs are different and your policy should reflect that. These are some specific questions might help in determining whether you would benefit from an agent’s advice.
If it’s difficult to answer those questions, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form or you can go here for a list of companies in your area. It is quick, free and can help protect your family.
Knowing the specifics of your policy helps when choosing appropriate coverage and the correct deductibles and limits. Auto insurance terms can be impossible to understand and even agents have difficulty translating policy wording. Below you’ll find typical coverages offered by auto insurance companies.
UM/UIM Coverage
Uninsured or Underinsured Motorist coverage provides protection when the “other guys” either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family as well as your vehicle’s damage.
Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.
Collision coverage protection
Collision coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.
Collision insurance covers things like hitting a parking meter, hitting a mailbox, rolling your car and colliding with a tree. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. You can also bump up the deductible to save money on collision insurance.
Medical costs insurance
Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses like doctor visits, rehabilitation expenses, surgery and prosthetic devices. They are used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage
Comprehensive or Other Than Collision
This covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against things such as damage from a tornado or hurricane, damage from getting keyed, hail damage, hitting a deer and a tree branch falling on your vehicle. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.
Liability insurance
This provides protection from damage or injury you incur to people or other property in an accident. It protects you from claims by other people, and does not provide coverage for 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 liability limits of 100/300/100 which means a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property.
Liability coverage pays for claims like legal defense fees, medical services, repair bills for other people’s vehicles and attorney fees. The amount of liability coverage you purchase is a personal decision, but buy higher limits if possible.
Cheap 2016 Ford Transit Connect insurance can be sourced both online and also from your neighborhood agents, and you need to comparison shop both to have the best chance of lowering rates. Some insurance coverage companies may not provide online price quotes and many times these small insurance companies only sell through independent insurance agents.
We just presented a lot of tips how to get a better price on insurance. The key thing to remember is the more price quotes you have, the better your chances of lowering your rates. Drivers may discover the most savings is with a lesser-known regional company. Regional companies may have significantly lower rates on certain market segments as compared to the big name companies such as Allstate, GEICO and Progressive.
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