2016 Ford Transit Wagon Insurance Quotes

I doubt anyone likes buying insurance coverage, especially when they are aware that they could find lower prices if they just compared rates.

Multiple auto insurance companies compete for your business, and it can be difficult to compare rates to find the absolute best rates possible.

Lower the price of auto insurance with these tips

Consumers need to have an understanding of the rating factors that are used to determine the level of your policy premiums. If you have a feel for what determines premiums, this enables informed choices that could result in lower auto insurance prices.

Shown below are some of the most common factors used by companies to determine rates.

  • Do you know you’re credit rating? – Having a bad credit rating will be a significant factor in determining what you pay for auto insurance. If your credit rating is not that good, you could save money insuring your 2016 Ford Transit Wagon by repairing your credit. Drivers with excellent credit tend to be more responsible than those with worse credit.
  • Expect high rates for teens – Older insureds are viewed as being more responsible, cause fewer claims and accidents and are safer drivers.Teenage drivers are statistically proven to be inattentive and easily distracted with other occupants in the car therefore auto insurance rates are much higher.
  • More traffic means higher claims – Residing in smaller towns and rural areas of the country has it’s advantages when talking about auto insurance. Lower population means fewer accidents and a lower car theft rate. Drivers in populated areas regularly have more road rage incidents and more time behind the wheel. More time on the road can result in more accidents.
  • Save money with GPS tracking and theft deterrents – Selecting a car model that has a built-in theft deterrent system can get you a discount on your auto insurance. Anti-theft features like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping auto theft and help lower rates.
  • How do annual miles impact rates? – Driving a lot of miles in a year’s time the more you’ll pay to insure your vehicle. Almost all companies charge to insure your cars based upon how much you drive. Vehicles that sit idle most of the time can be on a lower rate level than those that get driven frequently. It’s always a good idea to double check that your vehicle rating shows how each vehicle is driven, because it can save money. A policy that improperly rates your Transit Wagon may be costing you higher rates.

Verify you’re applying every discount

Not too many consumers would say insurance is affordable, but you might already qualify for some discounts that many people don’t even know exist. Certain discounts will be applied when you complete an application, but lesser-known reductions have to be asked for before you get the savings.

  • Low Mileage – Driving less could qualify for cheaper rates.
  • Accident Free – Good drivers with no accidents can earn big discounts in comparison to policyholders that have many claims.
  • Safety Course Discount – Participating in a course teaching defensive driving skills may get you a small discount depending on where you live.
  • Driver’s Education for Students – Have your child participate in a local driver’s education class in school or through a local driver safety program.
  • Life Insurance Discount – Insurance carriers who offer life insurance give a lower premium rate if you buy some life insurance too.
  • Senior Discount – Older drivers can possibly qualify for a slight reduction on a auto insurance quote on Transit Wagon coverage.

As a disclaimer on discounts, most discount credits are not given to your bottom line cost. Some only reduce specific coverage prices like comprehensive or collision. Despite the appearance that you could get a free insurance policy, you won’t be that lucky.

A few popular companies and the discounts they provide can be read below.

  • State Farm may include discounts for multiple policy, driver’s education, passive restraint, anti-theft, Drive Safe & Save, good driver, and Steer Clear safe driver discount.
  • Progressive policyholders can earn discounts including multi-policy, good student, homeowner, online quote discount, online signing, and continuous coverage.
  • Travelers offers premium reductions for IntelliDrive, home ownership, continuous insurance, student away at school, payment discounts, and early quote.
  • American Family may offer discounts for Steer into Savings, air bags, multi-vehicle, good driver, and mySafetyValet.
  • Liberty Mutual has savings for newly retired, hybrid vehicle, multi-car, new move discount, good student, and newly married.

When quoting, ask each company which discounts you qualify for. Some of the earlier mentioned discounts may not be available in your area. For a list of insurance companies that offer discounts, click here to view.

When should I discuss my situation with an agent?

When it comes to choosing proper insurance coverage, there really is no cookie cutter policy. Every situation is different and a cookie cutter policy won’t apply. For instance, these questions might help in determining if your insurance needs might need professional guidance.

  • Am I covered when pulling a rental trailer?
  • Does coverage extend to a rental car in a foreign country?
  • Does car insurance cover theft of personal property?
  • Is my cargo covered for damage or theft?
  • Am I covered when using my vehicle for business?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with an agent. If you want to speak to an agent in your area, complete this form or click here for a list of auto insurance companies in your area.

Auto insurance coverages 101

Having a good grasp of your policy can be of help when determining the best coverages for your vehicles. Auto insurance terms can be ambiguous and nobody wants to actually read their policy. These are typical coverage types found on the average auto insurance policy.

Collision coverage – This coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims such as sustaining damage from a pot hole, backing into a parked car, sideswiping another vehicle, crashing into a building and colliding with a tree. This coverage can be expensive, so you might think about dropping it from older vehicles. It’s also possible to increase the deductible to save money on collision insurance.

Protection from uninsured/underinsured drivers – This coverage provides protection from other motorists when they do not carry enough liability coverage. It can pay for injuries to you and your family and also any damage incurred to your Ford Transit Wagon.

Because many people have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important. Normally these limits are similar to your liability insurance amounts.

Medical expense insurance – Coverage for medical payments and/or PIP kick in for bills such as ambulance fees, rehabilitation expenses, pain medications and nursing services. They are utilized in addition to your health insurance program or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. Personal Injury Protection is not universally available and may carry a deductible

Comprehensive (Other than Collision) – This pays for damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things like rock chips in glass, hitting a bird, theft and vandalism. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Coverage for liability – This coverage can cover damages or injuries you inflict on a person or their property by causing an accident. This coverage protects you against other people’s claims, and does not provide coverage for your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 25/50/25 that means you have a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property. Alternatively, you may have one limit called combined single limit (CSL) which provides one coverage limit and claims can be made without the split limit restrictions.

Liability insurance covers things like funeral expenses, court costs, structural damage and repair costs for stationary objects. How much coverage you buy is up to you, but you should buy higher limits if possible.

A fool and his money are soon parted

We’ve covered a lot of tips how to shop for 2016 Ford Transit Wagon insurance online. The key thing to remember is the more times you quote, the better chance you’ll have of finding cheaper auto insurance. Consumers may even find the lowest rates are with a lesser-known regional company. These companies may only write in your state and offer lower car insurance rates as compared to the big name companies such as State Farm and Allstate.

Cheaper 2016 Ford Transit Wagon insurance can be bought on the web and from local insurance agents, so you need to shop auto insurance with both to get a complete price analysis. Some companies may not have rates over the internet and usually these smaller providers sell through independent agents.

When trying to cut insurance costs, never buy less coverage just to save a little money. There are many occasions where consumers will sacrifice full coverage only to discover later that their decision to reduce coverage ended up costing them more. Your goal is to buy enough coverage for the lowest price while still protecting your assets.

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