How Much Does 2017 Ford Transit Wagon Insurance Cost?

Finding a different company that has cheaper auto insurance can seem complicated if you’re new to quote comparisons online. But keep reading because finding affordable coverage online is easier than you think.

How to buy insurance online

There are multiple methods to compare insurance quotes, but there is one way that is more efficient than others. You could waste time talking to insurance companies in your area, or you can utilize online quotes to accomplish the same thing much quicker.

Many of the larger companies belong to a marketplace where prospective buyers enter their policy data once, and every company can give them a price. This prevents consumers from doing quotation requests to every company.

To find out how much you can save on insurance click here (opens in new window).

The single downside to using this type of system is you cannot specify which carriers to get pricing from. If you prefer to choose individual companies to compare rates, we put together a list of insurance companies in your area. Click to view list.

It’s up to you which method you use, but make sure you compare identical coverages and limits for each price quote. If your comparisons have different values for each quote you will not be able to get a fair rate comparison. Just a small difference in limits may result in a large different in cost. And when price shopping your coverage, more quotes will enable you to find a lower rate than you’re paying now. Some regional insurers cannot provide quotes online, so it’s necessary to compare price estimates from those companies as well.

Find discounts on insurance coverage

Some insurers don’t necessarily list all disounts in an easy-to-find place, so below is a list some of the more common as well as the least known discounts that may be available.

  • Use Seat Belts – Buckling up and requiring all passengers to buckle up could save 15% on the medical payments or PIP coverage costs.
  • Anti-lock Brake System – Anti-lock brake equipped vehicles can reduce accidents and will save you 10% or more.
  • Bundle and Save – If you combine your home and auto policies with one insurance company you could get a discount of over 10 percent off each policy depending on the company.
  • Life Insurance – If the company offers life insurance, you could get a discount if you purchase a life insurance policy as well.
  • Discount for Good Grades – This discount may save as much as 25% on a auto insurance quote. Most companies allow this discount up until you turn 25.
  • Claim-Free Discount – Good drivers with no accidents pay much less in comparison with drivers with a long claim history.
  • Employee of Federal Government – Employees or retirees of the government could cut as much as 10% off on Transit Wagon coverage depending on your company.
  • Accident Forgiveness – Not a discount per se, but companies like GEICO, Allstate and Liberty Mutual permit an accident before they charge you more for coverage so long as you haven’t had any claims for a set time period.
  • Theft Deterent – Cars, trucks, and SUVs with anti-theft systems can help prevent theft and that can save you a little bit as well.

A little disclaimer on discounts, many deductions do not apply to all coverage premiums. A few only apply to specific coverage prices like physical damage coverage or medical payments. So even though they make it sound like you would end up receiving a 100% discount, insurance companies wouldn’t stay in business.

Companies and their possible discounts can be read below.

  • Farm Bureau may offer discounts for multi-vehicle, driver training, safe driver, good student, renewal discount, and 55 and retired.
  • MetLife has savings for accident-free, claim-free, defensive driver, good student, good driver, and multi-policy.
  • Progressive may have discounts that include online quote discount, online signing, homeowner, good student, multi-vehicle, multi-policy, and continuous coverage.
  • AAA offers discounts for anti-theft, pay-in-full, education and occupation, good student, AAA membership discount, multi-policy, and multi-car.
  • American Family policyholders can earn discounts including good student, good driver, defensive driver, mySafetyValet, multi-vehicle, and Steer into Savings.
  • GEICO offers discounts including good student, daytime running lights, multi-vehicle, federal employee, and emergency military deployment.
  • State Farm may include discounts for driver’s education, multiple policy, Drive Safe & Save, good driver, Steer Clear safe driver discount, multiple autos, and passive restraint.

Before you buy a policy, ask all companies you are considering which discounts you may be entitled to. A few discounts might not be offered in your area. To locate insurance coverage companies who offer insurance coverage discounts, click here to view.

Tailor your insurance coverage to you

When it comes to buying adequate coverage, there really is no cookie cutter policy. Each situation is unique.

For instance, these questions may help highlight if your insurance needs might need an agent’s assistance.

  • Should I rate my 2017 Ford Transit Wagon as pleasure use or commute?
  • Do I benefit by insuring my home with the same company?
  • I have good health insurance, so how much medical payments coverage do I need?
  • Do I need motorclub coverage?
  • If my 2017 Ford Transit Wagon is totaled, can I afford another vehicle?
  • How much underlying liability do I need for an umbrella policy?
  • Should I bundle my homeowners policy with my auto?

If you can’t answer these questions but you know they apply to you then you might want to talk to an agent. If you don’t have a local agent, simply complete this short form.

Informed consumers know how to find insurance more affordably

Many factors are part of the equation when you get a price on insurance. Some factors are common sense like an MVR report, although some other factors are less obvious such as whether you are married or your financial responsibility.

  • Safety ratings are a factor – Vehicles with good safety scores cost less to insure. Safe vehicles reduce occupant injuries and any reduction in injury severity means your insurance company pays less and cheaper rates on your policy. If your Ford Transit Wagon earned at least four stars on Safercar.gov it may cost less to insure.
  • Your job and insurance rates – Do you have a high-stress occupation? Jobs such as military personnel, executives and emergency personnel generally have higher premiums than the average policyholder due to stressful work requirements and extremely grueling work hours. Other careers like actors, historians and retirees receive lower rates on Transit Wagon coverage.
  • Cheaper rates by bundling – Many companies will give a discount to insureds who buy several policies from them in the form of a multi-policy discount. Discounts can add up to five, ten or even twenty percent. If you currently are using one company, it’s always a smart idea to compare rates to make sure you are getting the best deal. You may still be able to find lower rates by insuring with multiple companies.
  • Costs can change based on your address – Living in a small town has it’s advantages when it comes to insurance. Residents of big cities have to deal with much more traffic and more time behind the wheel. Lower population means less chance of accidents as well as less vandalism and auto theft.
  • Your credit rating is important – An insured’s credit score factor in your rate calculation. If your credit rating is lower than you’d like, you could save money insuring your 2017 Ford Transit Wagon if you clean up your credit. Drivers who have very good credit scores tend to be better drivers and file fewer claims as compared to drivers with poor credit.

Switch companies and save? Really?

Insurance coverage providers like GEICO, State Farm and Progressive seem to constantly run ads on television and other media. All the ads seem to make the promise about savings if you switch your policy. How do they all offer you a better deal? This is the trick they use.

All the different companies look for specific characteristics for the type of customer that will generate a profit. For instance, this type of risk profile should be over the age of 50, has no prior claims, and drives less than 7,500 miles a year. A propective insured who matches that profile will get the preferred prices and will most likely save when they switch companies.

Potential customers who do not meet this stringent profile will probably have to pay higher rates and the customer not purchasing. The wording the ads use say “people that switch” not “everybody who quotes” save that much when switching. That’s the way companies can advertise the savings.

This emphasizes why it is so important to do a quote comparison often. It is impossible to guess which company will have the lowest rates.

Auto insurance 101

Knowing the specifics of a auto insurance policy helps when choosing which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage kick in for expenses for things like rehabilitation expenses, EMT expenses and pain medications. The coverages can be utilized in addition to your health insurance program or if there is no health insurance coverage. It covers you and your occupants in addition to any family member struck as a pedestrian. PIP coverage is not available in all states but can be used in place of medical payments coverage

Uninsured/Underinsured Motorist coverage

This coverage provides protection from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family and damage to your 2017 Ford Transit Wagon.

Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family. Frequently these coverages do not exceed the liability coverage limits.

Comprehensive coverage

This pays for damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things like hail damage, damage from a tornado or hurricane, falling objects, a broken windshield and rock chips in glass. The maximum amount your auto insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Liability auto insurance

Liability insurance protects you from damage or injury you incur to people or other property. This insurance protects YOU from claims by other people, and does not provide coverage for damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 50/100/50 which means $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000. Another option is a combined single limit or CSL which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability insurance covers claims such as bail bonds, structural damage, loss of income and attorney fees. How much coverage you buy is a personal decision, but consider buying higher limits if possible.

Auto collision coverage

Collision insurance covers damage to your Transit Wagon caused by collision with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as damaging your car on a curb, colliding with another moving vehicle, hitting a mailbox, hitting a parking meter and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. It’s also possible to raise the deductible to bring the cost down.

Don’t throw your cash in the trash

Throughout this article, we presented some good ideas how you can compare 2017 Ford Transit Wagon insurance prices online. The key concept to understand is the more you quote auto insurance, the higher the chance of saving money. Consumers may even find the best prices are with a small mutual company.

Consumers who switch companies do it for a number of reasons such as being labeled a high risk driver, extreme rates for teen drivers, delays in responding to claim requests or even an unsatisfactory settlement offer. Regardless of your reason, choosing a new insurance company can be pretty painless.

Affordable 2017 Ford Transit Wagon insurance is definitely available from both online companies in addition to many insurance agents, so you need to quote auto insurance with both so you have a total pricing picture. A few companies don’t offer rate quotes online and these regional carriers only sell coverage through independent agencies.

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