2002 Ford Econoline Wagon Insurance Cost – 7 Tricks for Best Prices

Nobody that owns a car likes paying for auto insurance, particularly when the cost is way too high.

Popular companies such as State Farm, Allstate, Geico and Progressive constantly bombard you with ads and it is difficult to ignore the propoganda and effectively compare rates to find the best deal.

If you have car insurance now, you will most likely be able to lower your premiums substantially using this information. Finding the best rates is not rocket science. But drivers should learn the way companies sell insurance online.

Discounts can really help to save

Not too many consumers would say car insurance is affordable, but you might be missing out on some discounts that can help lower your rates. Many of these discounts will be applied automatically at the time you complete a quote, but less common discounts must be requested specifically prior to receiving the credit.

  • Discount for Low Mileage – Driving less may enable drivers to earn substantially lower rates.
  • Homeowners Discount – Owning a home may earn you a small savings due to the fact that maintaining a home is proof of financial responsibility.
  • Professional Memberships – Having an affiliation with a qualifying organization could qualify you for a break on your next car insurance statement.
  • Early Signing – A few car insurance companies give discounts for renewing your policy before your current policy expires. It’s a savings of about 10%.
  • Multi-line Discount – Not all insurance carriers offer life insurance, but some may give you a lower rate if you buy life insurance.
  • Safe Driver Discounts – Safe drivers may receive a discount up to 45% on Econoline Wagon coverage than less cautious drivers.
  • Accident Waiver – This one is not really a discount per se, but companies like Liberty Mutual and Geico will let one accident slide before they charge you more for coverage if you are claim-free for a set time period.

It’s important to note that some of the credits will not apply to your bottom line cost. Most only apply to individual premiums such as physical damage coverage or medical payments. So despite the fact that it appears all the discounts add up to a free policy, that’s just not realistic. Any amount of discount should help reduce your car insurance premiums.

To choose insurance companies with significant discounts, follow this link.

Will just any policy work for me?

When it comes to choosing the right insurance coverage, there really is not a best way to insure your cars. Everyone’s needs are different so your insurance should reflect that For instance, these questions can aid in determining whether your personal situation will benefit from professional help.

  • Do I need PIP coverage since I have good health insurance?
  • What exactly is covered by my policy?
  • Should I buy full coverage?
  • Why am I required to buy high-risk coverage?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Am I covered if I hit a deer?
  • Do I get a pro-rated refund if I cancel my policy early?
  • If my 2002 Ford Econoline Wagon is totaled, can I afford another vehicle?

If you don’t know the answers to these questions but a few of them apply, then you may want to think about talking to a licensed agent. If you don’t have a local agent, take a second and complete this form or you can also visit this page to select a carrier

Car insurance ads bend the truth

Car insurance providers like Progressive, Allstate and Geico constantly bombard you with ads in print and on television. They all say the same thing that people will save just by switching your policy. How does each company give you a lower rate? This is how they do it.

All the different companies quote the lowest rates for the type of driver that will add to their bottom line. For example, a preferred risk may be over the age of 40, has a clear driving record, and drives newer vehicles. A customer that matches those criteria will get very good auto insurance rates and most likely will save a lot if they switch.

Drivers who cannot meet those standards will see a more expensive rate and this can result in business going elsewhere. The wording the ads use say “customers who switch” not “all people who quote” can save as much as they claim. That is how insurance companies can confidently make the claims of big savings. That is why it is so important to do a price quote comparison at every renewal. It is impossible to predict the company that will have the best prices.

Parts of your car insurance policy

Learning about specific coverages of car insurance aids in choosing the right coverages at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy. These are the usual coverages available from car insurance companies.

Comprehensive protection

Comprehensive insurance pays for damage from a wide range of events other than collision. 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 a broken windshield, damage from getting keyed, vandalism and fire damage. The maximum amount a car insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Medical expense coverage

Coverage for medical payments and/or PIP kick in for short-term medical expenses such as dental work, hospital visits and rehabilitation expenses. They are often utilized in addition to your health insurance policy or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.

Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Liability insurance

Liability coverage can cover damage that occurs to other’s property or people. This coverage protects you against claims from other people. It does not cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 50/100/50 that means you have $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery.

Liability coverage pays for things like loss of income, repair bills for other people’s vehicles and legal defense fees. How much liability should you purchase? That is a decision to put some thought into, but buy as large an amount as possible.

Auto collision coverage

Collision coverage pays for damage to your Econoline Wagon resulting from a collision with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision insurance covers things like sideswiping another vehicle, colliding with a tree, colliding with another moving vehicle and crashing into a building. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. It’s also possible to bump up the deductible to get cheaper collision coverage.

Saving money makes a lot of cents

The cheapest 2002 Ford Econoline Wagon insurance can be purchased from both online companies and from local agencies, so you should be comparing quotes from both to get a complete price analysis. Some auto insurance companies may not provide online price quotes and many times these regional insurance providers only sell coverage through independent agencies.

In this article, we covered a lot of information how to compare 2002 Ford Econoline Wagon insurance prices online. It’s most important to understand that the more providers you compare, the higher the chance of saving money. You may be surprised to find that the biggest savings come from a small mutual company. Smaller companies may often insure only within specific states and give getter rates compared to the large companies like Allstate, Geico and Progressive.

Additional information is located on the following sites: