View 2012 Ford Transit Connect Insurance Cost

Shopping for car insurance is not really something drivers relish, but it’s mandatory before the rubber hits the road.

It is always a good idea to take a look at other company’s rates periodically because prices are usually higher with each renewal. If you had the lowest rates for Transit Connect coverage six months ago other companies may now be cheaper. Starting right now, forget anything you know (or think you know) about insurance coverage because you’re going to get a crash course in the only way to properly buy coverages and cut your premium.

If you currently have a car insurance policy, you will be able to cut costs considerably using these methods. Buying the cheapest auto insurance is quite easy. But vehicle owners should learn the way companies sell insurance online and take advantage of how the system works.

Compare Car Insurance Today

All the larger car insurance companies such as State Farm, Allstate and Geico quote coverage prices directly from their websites. The process is pretty painless as you just enter your personal and coverage information into the quote form. After the form is submitted, their system orders your driving and credit reports and generates pricing information based on many factors.

This helps simplify price comparisons, but the time required to go to several different sites and enter the same data into a form can get tiresome after awhile. But it’s very important to do this if you are searching for the lowest possible prices on car insurance.

The better way to compare rates

A less time-consuming method to find cheaper rates is to use a quote form to get prices from several companies at one time. The form is fast, eliminates repetitive work, and makes rate comparisons much simpler. Once the form is submitted, it is quoted with multiple companies and you can pick any of the quote results.

If a lower price is quoted, you can simply submit the application and buy the policy. It can be completed in a matter of minutes and you will find out if you’re overpaying now.

In order to compare pricing, click here to open in new window and submit your coverage information. If you have a policy now, it’s recommended you input your coverages exactly as they are listed on your policy. Doing this guarantees you will have an apples-to-apples comparison based on similar coverages.

Discounts mean cheaper Ford Transit Connect insurance rates

The cost of insuring your cars can be expensive, but you may find discounts to cut the cost considerably. Most are applied at the time of purchase, but some may not be applied and must be asked about before you get the savings.

  • Auto/Home Discount – When you have multiple policies with the same insurance company you will save approximately 10% to 15%.
  • Seat Belts Save – Using a seat belt and requiring all passengers to use their safety belts can save up to 15% off your medical payments premium.
  • 55 and Retired – Older drivers may qualify for better insurance coverage rates for Transit Connect coverage.
  • Pay Upfront and Save – If you pay your entire premium ahead of time instead of making monthly payments you may reduce your total bill.
  • Life Insurance Discount – Larger companies have a break if you buy auto and life insurance together.
  • Safe Driver Discount – Drivers who avoid accidents can get discounts for up to 45% lower rates for Transit Connect coverage than their less cautious counterparts.

A little note about advertised discounts, some credits don’t apply to all coverage premiums. Most cut specific coverage prices like physical damage coverage or medical payments. So despite the fact that it appears you could get a free insurance coverage policy, companies don’t profit that way. Any amount of discount will bring down the amount you have to pay.

For a list of providers with discount insurance coverage rates, click here.

Your Ford Transit Connect insurance rate is a complex equation

It’s important that you understand the different types of things that go into determining your insurance rates. Knowing what influences your rates enables informed choices that may reward you with lower insurance prices.

  • Rate your vehicle for proper use – Driving more miles each year the higher your rates will be. The majority of insurers apply a rate based on their usage. Cars and trucks used primarily for pleasure use receive lower rates than those used for commuting. If your policy improperly rates your Transit Connect may be costing you. Double check that your insurance coverage is rated on the proper vehicle usage, because improper ratings can cost you money.
  • Men are more aggressive – Statistics have proven women are more cautious behind the wheel. That doesn’t necessarily mean that women are better drivers. They both have accidents at a similar rate, but the males cause more damage. They also have more aggressive citations like reckless driving and DUI. Teenage male drivers are most likely to cause an accident and thus pay the highest rates.
  • What are your deductibles? – Your deductibles define the amount you are required to spend in the event of a claim. Coverage for physical damage, also known as collision and other-than-collision, insures against damage to your car. Examples of covered claims would be running into the backend of another car, damage caused by hail, or theft. The higher the amount you’re willing to pay, the lower your rates will be for Transit Connect coverage.
  • More people means more accidents – Choosing to live in less populated areas is a positive aspect when buying insurance. Drivers in populated areas tend to have more traffic problems and a longer drive to work. Fewer people means reduced accidents.
  • Never let your coverage lapse – Not having insurance is illegal and as a result your rates will increase for letting your coverage lapse. Not only will rates go up, failure to provide proof of insurance may earn you a license revocation or jail time.Then you may be required to provide proof of insurance in the form of an SR-22 filing with your state motor vehicle department to get your license reinstated.

Tailor your coverage to you

When choosing coverage, there is no single plan that fits everyone. Every situation is different.

For instance, these questions might point out if your insurance needs would benefit from professional advice.

  • How much liability do I need to cover my assets?
  • How much underlying liability do I need for an umbrella policy?
  • What if I total my 2012 Ford Transit Connect and owe more than it’s worth?
  • Is business property covered if stolen from my car?
  • How many claims can I have before being cancelled?
  • If my 2012 Ford Transit Connect is totaled, can I afford another vehicle?

If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, simply complete this short form.

Car insurance coverage information

Having a good grasp of your auto insurance policy can be of help when determining the best coverages for your vehicles. Policy terminology can be confusing and even agents have difficulty translating policy wording.

Auto collision coverage

Collision coverage pays for damage to your Transit Connect caused by collision with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims like colliding with another moving vehicle, damaging your car on a curb, hitting a parking meter, crashing into a ditch and hitting a mailbox. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. You can also raise the deductible to bring the cost down.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP provide coverage for short-term medical expenses for dental work, EMT expenses and chiropractic care. They are often used in conjunction with a health insurance plan or if you lack health insurance entirely. Coverage applies to both the driver and occupants and also covers getting struck while a pedestrian. PIP is not available in all states and gives slightly broader coverage than med pay

Comprehensive insurance

Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims like theft, vandalism, fire damage, a broken windshield and hail damage. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Liability car insurance

Liability insurance will cover damage or injury you incur to people or other property in an accident. This coverage protects you from legal claims by others, and doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Occasionally you may see one number which is a combined single limit that pays claims from the same limit without having the split limit caps.

Liability coverage protects against claims like repair costs for stationary objects, attorney fees, medical expenses and medical services. How much liability should you purchase? That is up to you, but buy as high a limit as you can afford.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked. Normally your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Have money to burn

When trying to cut insurance costs, it’s not a good idea to buy poor coverage just to save money. There have been many situations where an insured dropped liability limits or collision coverage and discovered at claim time that the few dollars in savings costed them thousands. Your focus should be to buy the best coverage you can find at a price you can afford while still protecting your assets.

In this article, we presented a lot of techniques to compare 2012 Ford Transit Connect insurance prices online. The key thing to remember is the more rate quotes you have, the better your chances of lowering your rates. You may be surprised to find that the biggest savings come from some of the lesser-known companies.

Cheaper insurance can be found online as well as from independent agents, and you need to price shop both to have the best chance of lowering rates. Some insurance coverage companies don’t offer the ability to get a quote online and usually these small, regional companies provide coverage only through local independent agents.

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