2005 Ford Econoline Cargo Insurance Rates – 5 Policy Discounts

Trying to find lower car insurance rates for your Ford Econoline Cargo? Wish you could get out of high-priced car insurance? Say no more because there are a lot of people just like you who feel imprisoned by their car insurance policy. People have many insurance companies to insure vehicles with, and even though it’s nice to have a choice, more choices can make it harder to locate the cheapest rates.

It’s smart to compare prices as often as possible due to the fact that insurance prices change frequently. If you had the best price on Econoline Cargo insurance a few years ago there is a good chance you can find better rates now. You can find a lot of wrong information about car insurance online but by reading this article, you’re going to learn some of the best ways to save money.

Find hidden discounts to get affordable insurance rates

Some companies do not list all possible discounts very well, so below is a list both the well known and also the more inconspicuous credits that you can use to lower your rates.

  • Accident-Free Discounts – Insureds who avoid accidents and claims get the best insurance rates when compared with policyholders that have many claims.
  • Sign Early and Save – Some insurance companies reward drivers for switching companies before your current policy expires. It’s a savings of about 10%.
  • No Charge for an Accident – This isn’t a discount exactly, but some insurance companies may permit one accident before hitting you with a surcharge if you are claim-free prior to being involved in the accident.
  • ABS Brakes – Anti-lock brake equipped vehicles can avoid accidents and the ABS can save up to 10%.
  • Bundle and Save – If you can combine your auto and homeowners policy with one company you may earn approximately 10% to 15%.

You can save money using discounts, but some credits don’t apply to the entire cost. A few only apply to specific coverage prices like liability, collision or medical payments. Just because you may think having all the discounts means you get insurance for free, it’s just not the way it works.

To choose providers that offer some of these discounts, click here to view.

Tailor your insurance coverage coverage to you

When choosing coverage for your vehicles, there isn’t really a “best” method to buy coverage. Everyone’s situation is a little different so your insurance should reflect that These are some specific questions may help you determine if you could use an agent’s help.

  • What is high-risk coverage and where do I buy it?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • What is covered by UM/UIM coverage?
  • What can I do if my company won’t pay a claim?
  • Can I rate high risk drivers on liability-only vehicles?
  • How much can I save by bundling my policies?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • When would I need additional glass coverage?
  • Should I buy only the required minimum liability coverage?
  • When would I need rental car insurance?

If it’s difficult to answer those 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 or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and you can get the answers you need.

Car insurance coverage information

Having a good grasp of a auto insurance policy aids in choosing the best coverages for your vehicles. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy. Listed below are the usual coverages found on most auto insurance policies.

Liability insurance – This can cover damage that occurs to people or other property in an accident. It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show policy limits of 50/100/50 which means a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property. Alternatively, you may have a combined single limit or CSL which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage protects against things like loss of income, court costs and funeral expenses. How much coverage you buy is up to you, but you should buy as much as you can afford.

Comprehensive or Other Than Collision – This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against things such as damage from a tornado or hurricane, theft, fire damage and vandalism. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

UM/UIM Coverage – This coverage provides protection when the “other guys” are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important. Most of the time these limits are identical to your policy’s liability coverage.

Medical costs insurance – Medical payments and Personal Injury Protection insurance provide coverage for bills such as dental work, prosthetic devices, funeral costs, doctor visits and pain medications. They are used to cover expenses not covered by your health insurance policy or if you do not have health coverage. They cover you and your occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

Collision – Collision coverage covers damage to your Econoline Cargo resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things like backing into a parked car, sustaining damage from a pot hole, rolling your car and driving through your garage door. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. Another option is to raise the deductible to save money on collision insurance.

Keep this in mind

You just learned a lot of ways to save on 2005 Ford Econoline Cargo insurance. The most important thing to understand is the more companies you get prices for, the better likelihood of getting inexpensive insurance. You may be surprised to find that the best premium rates are with a small local company. These companies can often insure niche markets at a lower cost than the large multi-state companies such as Geico and State Farm.

Discount 2005 Ford Econoline Cargo insurance can be bought online and also from your neighborhood agents, and you need to comparison shop both to have the best selection. A few companies may not have rates over the internet and these regional insurance providers work with independent agents.

Additional information