2014 Ford Transit Connect Insurance Rates

Finding the cheapest insurance for your Ford Transit Connect could be difficult, but you can follow the following methods to make it easier.

There is a right way and a wrong way to buy insurance coverage and we’ll show you the quickest way to price shop coverage on a Ford and find the lowest price.

Policy discounts you shouldn’t miss

Properly insuring your vehicles can get expensive, but companies offer discounts to reduce the price significantly. Certain discounts will be triggered automatically at the time you complete a quote, but some may not be applied and must be requested specifically prior to getting the savings. If they aren’t giving you every credit you qualify for, you’re just leaving money on the table.

  • Student Driver Training – Cut your cost by having your teen driver enroll in driver’s education if offered at their school.
  • Auto/Home Discount – If you have multiple policies with the same insurance company you will save at least 10% off all policies.
  • Safety Course Discount – Completing a course teaching defensive driving skills could cut 5% off your bill depending on where you live.
  • Seat Belts Save – Using a seat belt and requiring all passengers to buckle their seat belts could cut 10% or more off your medical payments premium.
  • Good Student – This discount can earn a discount of 20% or more. The good student discount can last up to age 25.
  • No Charge for an Accident – A handful of insurance companies will allow you to have one accident without raising rates so long as you haven’t had any claims prior to the accident.
  • Passive Restraint Discount – Vehicles equipped with air bags and/or automatic seat belt systems can qualify for discounts of more than 20%.

It’s important to note that some credits don’t apply to the entire cost. Most cut individual premiums such as physical damage coverage or medical payments. So even though they make it sound like you can get free auto insurance, it doesn’t quite work that way. Any amount of discount will cut your premiums.

For a list of insurance companies offering insurance coverage discounts, click here.

Pieces of the Ford Transit Connect insurance rate puzzle

It’s important that you understand the different types of things that come into play when calculating your car insurance rates. Understanding what influences your rates enables informed choices that will entitle you to better car insurance rates.

  • Never allow your policy to lapse – Allowing your car insurance policy to lapse is a quick way to increase your car insurance rates. Not only will you pay more, failure to provide proof of insurance might get you a steep fine or even jail time.Then you may be required to file a SR-22 with your state motor vehicle department to get your license reinstated.
  • More than one policy can earn a discount – Many insurers give discounts to customers who carry more than one policy. It’s known as a multi-policy discount. This can amount to five, ten or even twenty percent. Even if you’re getting this discount it’s in your best interest to comparison shop to ensure the best deal.
  • Do you know your deductibles? – Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, protects your Ford from damage. A few examples of covered claims are running into the backend of another car, damage caused by hail, or theft. Your deductibles are the amount of money you are required to spend out-of-pocket in the event of a claim. The higher the amount you have to pay, the bigger discount you will receive for Transit Connect insurance.
  • Your stress level may be raising your rates – Careers like doctors, executives and stock brokers tend to have the highest rates in part from high stress levels and lots of time spent at work. On the other hand, professions such as pilots, students and the unemployed receive lower rates for Transit Connect insurance.

Insurance agents can help

When it comes to choosing proper insurance coverage for your vehicles, there really is not a “perfect” insurance plan. Everyone’s situation is unique.

These are some specific questions may help you determine whether your personal situation would benefit from professional advice.

  • Should I file a claim if it’s only slightly more than my deductible?
  • Do I need replacement cost coverage?
  • What vehicles should carry emergency assistance coverage?
  • Can I make deliveries for my home business?
  • What is PIP insurance?
  • Do I need an umbrella policy?

If it’s difficult to answer those questions, you might consider talking to an agent. To find an agent in your area, complete this form. It is quick, free and may give you better protection.

Car insurance coverage information

Having a good grasp of insurance aids in choosing appropriate coverage and the correct deductibles and limits. Policy terminology can be confusing and reading a policy is terribly boring.

Comprehensive coverage

This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things such as hitting a bird, vandalism, a tree branch falling on your vehicle and damage from a tornado or hurricane. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Uninsured/Underinsured Motorist coverage

This protects you and your vehicle from other drivers when they do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your 2014 Ford Transit Connect.

Because many people have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked. Frequently your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Auto collision coverage

Collision insurance covers damage to your Transit Connect caused by collision with an object or car. A deductible applies then your collision coverage will kick in.

Collision can pay for claims such as hitting a parking meter, crashing into a building and hitting a mailbox. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. It’s also possible to increase the deductible to get cheaper collision coverage.

Coverage for liability

This coverage provides protection from injuries or damage you cause to other people or property that is your fault. It protects you from legal claims by others, and does not provide coverage for your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have values of 50/100/50 which means a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery. Alternatively, you may have a combined single limit or CSL which combines the three limits into one amount without having the split limit caps.

Liability coverage pays for claims such as structural damage, repair bills for other people’s vehicles and emergency aid. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase higher limits if possible.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP provide coverage for short-term medical expenses for things like nursing services, pain medications, hospital visits and rehabilitation expenses. They are often used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. PIP is not available in all states and gives slightly broader coverage than med pay

Keep this in mind

When trying to cut insurance costs, make sure you don’t buy lower coverage limits just to save a few bucks. In too many instances, someone sacrificed uninsured motorist or liability limits only to discover later that a couple dollars of savings turned into a financial nightmare. Your strategy should be to get the best coverage possible at a price you can afford.

People switch companies for a number of reasons such as delays in paying claims, poor customer service, extreme rates for teen drivers or even unfair underwriting practices. Regardless of your reason for switching companies, finding a new company is not as hard as you think.

You just read a lot of techniques to shop for 2014 Ford Transit Connect insurance online. The key concept to understand is the more rate quotes you have, the higher your chance of finding lower rates. You may even discover the biggest savings come from a small local company.

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