Cheap 2018 Ford Transit Van Insurance Rates in 2024

Paying for overpriced Ford Transit Van insurance can drain your funds and require stricter spending habits.

There is such a variety of insurance companies to insure vehicles with, and although it’s nice to have a selection, so many choices can make it hard to compare rates and find the lowest cost auto insurance.

It’s a great practice to take a look at other company’s rates at least once a year because rates change regularly. Despite the fact that you may have had the lowest premium rates on Transit van insurance at your last renewal a different company probably has better prices today. Forget all the misinformation about auto insurance because you’re about to find out the proper way to find the best coverage while lowering your premiums.

Ways to get auto insurance rate quotes

Effectively comparing auto insurance prices can be a lot of work if you don’t understand the best way to get rate quotes. You can waste hours talking to insurance agencies in your area, or you could use the internet to accomplish the same thing much quicker.

The majority of car insurance companies belong to an insurance system where insurance shoppers complete one form, and at least one company then returns a price quote based on the submitted data. This saves time by eliminating form submissions to each company. To compare rates using this form now enter your zip code here.

One minor caveat to doing it this way is that consumers can’t choose which providers to receive prices from. So if you prefer to pick specific providers to compare, we have a listing of low cost auto insurance companies in your area. Click to enter zip code.

It’s your choice how you get your quotes, but ensure you are comparing identical coverage limits and deductibles for every company. If you enter different data you will not be able to determine the lowest rate for your Ford Transit Van. Slightly different insurance coverages or limits can mean a large discrepancy in price. Keep in mind that more quotes will improve the odds of getting a better price. Some smaller insurers to not give online quotes, so it’s recommended that you also compare quotes from them as well.

Find hidden discounts to get affordable auto insurance rates

Auto insurance companies don’t always advertise all possible discounts in an easy-to-find place, so here is a list some of the more common as well as some of the hidden ways to save on auto insurance. If you are not receiving all the discounts you qualify for, you could be getting lower rates.

• One Accident Forgiven – Not necessarily a discount, but companies like Progressive, State Farm and GEICO permit an accident before hitting you with a surcharge so long as you haven’t had any claims for a specific time period.
• Student Discounts – This discount can get you a discount of up to 25%. Many companies even apply the discount to college students up until you turn 25.
• 55 and Retired – Drivers that qualify as senior citizens can possibly qualify for a small discount on rates on Transit van insurance.
• Government Employee Discount – Simply working for the federal government may reduce rates when you quote car insurance on Transit van insurance with a few auto insurance companies.
• Telematics Data – Policyholders that allow data collection to analyze driving manner by using a telematic data system like Drivewise from Allstate or In-Drive from State Farm may get a rate reduction if they exhibit good driving behavior.
• Paper-free Discount – Some companies may give you up to $50 just for signing your application digitally online.
• No Claim Discounts – Drivers with accident-free driving histories are rewarded with significantly better rates on car insurance quote when compared with policyholders that have many claims.
• Discounts for Seat Belt Usage – Requiring all passengers to fasten their seat belts may be able to save a few bucks off the medical payments premium.
• Defensive Driver Discount – Participating in a safe driver class could save 5% or more and also improve your driving technique.

You should keep in mind that most credits do not apply to the entire policy premium. Most cut individual premiums such as physical damage coverage or medical payments. So even though they make it sound like all those discounts means the company will pay you, insurance companies wouldn’t stay in business. Any qualifying discounts will bring down the cost of coverage.

If you would like to choose from a list of insurance companies that offer some of these discounts, enter your zip code here.

Tailor your auto insurance coverage to you

When it comes to buying adequate coverage for your vehicles, there is no perfect coverage plan. Everyone’s needs are different and a cookie cutter policy won’t apply. These are some specific questions can help discover whether you might need professional guidance.

• Should I drop comprehensive coverage on older vehicles?
• Do I have coverage for damage caused while driving under the influence?
• Is my state a no-fault state?
• Am I covered if I crash into my own garage door?
• Are there companies who specialize in insuring high-risk drivers?
• What is the rate difference between pleasure use and commuting?
• Am I insured when driving a different vehicle?
• When should I not file a claim?
• Do I need roadside assistance coverage?

If you’re not sure about those questions but one or more may apply to you then you might want to talk to an agent. To find an agent in your area, complete your zip code.

Insurance coverage options for a 2018 Ford Transit Van

Understanding the coverages of your insurance policy aids in choosing the right coverages and proper limits and deductibles. Insurance terms can be difficult to understand and even agents have difficulty translating policy wording. These are typical coverages found on the average insurance policy.

Auto liability insurance

This can cover damages or injuries you inflict on a person or their property. This insurance protects YOU against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see liability limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property.

Liability coverage pays for things such as loss of income, bail bonds, repair bills for other people’s vehicles, structural damage and repair costs for stationary objects. How much liability should you purchase? That is your choice, but consider buying as high a limit as you can afford.

Coverage for medical payments

Med pay and PIP coverage pay for immediate expenses like funeral costs, chiropractic care, doctor visits and dental work. They can be used to fill the gap from your health insurance program or if you lack health insurance entirely. Coverage applies to all vehicle occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is not universally available and may carry a deductible

Collision insurance

This coverage pays to fix your vehicle from damage from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things like crashing into a building, scraping a guard rail, sustaining damage from a pot hole and colliding with another moving vehicle. This coverage can be expensive, so you might think about dropping it from lower value vehicles. Drivers also have the option to choose a higher deductible to save money on collision insurance.

Comprehensive coverages

This pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage pays for claims like damage from flooding, fire damage, vandalism, hail damage and a tree branch falling on your vehicle. The highest amount your insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Uninsured and underinsured coverage

Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea.