How to Compare Orlando Ford Transit Connect Insurance

A recent car insurance study discovered that the vast majority of car insurance customers have purchased from the same company for four years or more, and almost half have never compared rates to find affordable insurance. Drivers in Florida could pocket $1,126 a year, but most just don’t grasp the big savings they would realize if they switched to a more affordable policy.

If you want to save money, the best way to find low-cost Ford Transit Connect insurance in Orlando is to begin comparing prices regularly from different companies in Florida. Price quotes can be compared by completing these steps.

First, take a few minutes and learn about the different coverages in a policy and the measures you can take to prevent high rates. Many rating criteria that result in higher rates such as careless driving and a low credit score can be eliminated by making lifestyle changes or driving safer.

Second, obtain price quotes from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can give quotes from a single company like GEICO or Allstate, while agents who are independent can provide rate quotes from multiple companies.

Third, compare the price quotes to the price on your current policy to see if you can save by switching companies. If you find a lower rate quote and switch companies, ensure coverage does not lapse between policies.

Fourth, tell your current company to cancel the current policy and submit payment and a signed application to your new insurance company. Once the paperwork is finalized, place the new certificate of insurance with your registration paperwork.

A good tip to remember is that you use the same deductibles and limits on each quote and and to look at as many companies as possible. Doing this guarantees a level playing field and maximum price selection.

To find cheaper rates, there are a couple of ways of comparing rate quotes from local Orlando auto insurance companies. By far the easiest way to find competitive Ford Transit Connect insurance rates is to use the internet to compare rates.

Keep in mind that comparing more quotes helps improve the odds of finding the best price. Some regional insurers cannot provide online price quotes, so you also need to get price estimates from them, too.

The companies in the list below offer price quotes in Florida. If your goal is to find cheap car insurance in Orlando, it’s a good idea that you click on several of them to get the most competitive price.

Why do I need car insurance?

Even though Orlando Transit Connect insurance rates can get expensive, insurance is most likely required but also gives you several important benefits.

• Most states have minimum mandated liability insurance limits which means you are required to buy a minimum amount of liability insurance coverage in order to drive the car. In Florida these limits are 10/20/10 which means you must have $10,000 of bodily injury coverage per person, $20,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
• If you have a loan on your Ford Transit Connect, almost all lenders will make it mandatory that you buy full coverage to guarantee payment of the loan. If coverage lapses or is canceled, the lender may insure your Ford at a significantly higher premium and require you to pay the higher price.
• Insurance safeguards both your Ford and your assets. It will also pay for medical bills for not only you but also any passengers injured in an accident. Liability insurance, one of your policy coverages, also pays for attorney fees and expenses if you are named as a defendant in an auto accident. If your car is damaged in a storm or accident, collision and comprehensive (also known as other-than-collision) coverage will pay to restore your vehicle to like-new condition.

The benefits of carrying adequate insurance more than cancel out the cost, especially if you ever need it. An average driver in America is overpaying over $850 per year so shop around at every renewal to ensure rates are competitive.

Analysis of Ford Transit Connect rates

The premium table displayed below showcases estimates of insurance premium costs for Ford Transit Connect models. Being able to understand how car insurance premiums are determined is important for making informed coverage decisions.

Price data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Florida minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, claim-free, and multi-vehicle. Prices do not factor in vehicle garaging location which can decrease or increase auto insurance rates greatly.

Comparison of policy deductibles

The hardest decision when buying coverage is how high should the deductibles for physical damage be. The following insurance rates may help you to understand the rate fluctuation when you buy lower versus higher insurance deductibles. The first rate quote example uses a $250 deductible for comprehensive and collision coverage and the second rate chart uses a $1,000 deductible.

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, claim-free, and homeowner. Prices do not factor in Orlando location which can impact premium rates significantly.

Based on these figures, using a $250 deductible costs approximately $28 more each month or $336 every year than buying the higher $1,000 deductible. Because you would be required to pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you usually have at least 27 months between claim filings, you would probably come out ahead if you choose the higher deductible. Here is a better example of how you can do this calculation yourself.

One important note is that raising deductibles means you will have to cover more of the damage yourself at claim time. That will require some funds available in order to pay the deductible for vehicle repair.

The illustration below highlights how deductible choice and can change Ford Transit Connect annual premium costs for different categories of driver ages. Data assumes a single male driver, comp and collision included, and no additional discounts are factored in.

How careless driving impacts Orlando auto insurance rates

The information below highlights how traffic violations and accident claims can drive up Ford Transit Connect car insurance rates for different insured age categories. Data assumes a single male driver, comp and collision included, $100 deductibles, and no discounts are taken into consideration.

Orlando auto insurance discounts

Companies that sell car insurance don’t necessarily list all discounts in a way that’s easy to find, so we researched a few of the more well known and also the lesser-known savings tricks you should be using when you buy Orlando car insurance online.

• Telematics Data Discounts – Drivers that enable their company to study where and when they drive by using a telematics device in their vehicle such as In-Drive from State Farm or Allstate’s Drivewise system could save a few bucks as long as the data is positive.
• Distant College Student Discount – Youth drivers who attend college more than 100 miles from Orlando and don’t have a car could get you a discount.
• E-sign – A few auto insurance companies may give you up to $50 for buying a policy and signing up on your computer.
• Save over 55 – Seniors are able to get a slight reduction on a Orlando car insurance quote.
• Discount for Good Grades – This discount can save 20 to 25%. This discount can apply well after school through age 25.
• Bundle and Save – When you have multiple policies and insure them both with the same insurance company you may save up to 20% and get you low cost Ford Transit Connect insurance.
• Discounts for Safe Drivers – Safe drivers could pay up to 40% less than their less cautious counterparts.
• Life Insurance Discount – Not all insurance companies offer life insurance, but some may give you a lower auto insurance rate if you buy some life insurance too.
• Save with More Vehicles Insured – Having all your vehicles on the same auto insurance policy can get a discount on all vehicles.
• Sign Early and Save – Some companies give discounts for buying a policy prior to the expiration date on your current Transit Connect insurance policy. Ten percent is about the average savings.

A quick disclaimer, many deductions do not apply to your bottom line cost. A few only apply to the cost of specific coverages such as collision or personal injury protection. Despite the fact that it seems like all those discounts means the company will pay you, company stockholders wouldn’t be very happy.

The information below shows the comparison of Ford Transit Connect auto insurance rates with and without discounts applied to the policy premium. Data assumes a male driver, no claims, a clean driving record, Florida state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, safe-driver, marriage, claim-free, multi-car, and multi-policy discounts applied.

If you would like to see a list of companies with the best Ford Transit Connect insurance discounts in Orlando in Orlando, follow this link.

How much auto insurance do I need?

When selecting coverage online or from an agent for your vehicles, there really isn’t a one size fits all plan. Your needs are unique to you so your insurance should reflect that
For instance, these questions could help you determine if you would benefit from an agent’s advice.

• Does my medical payments coverage pay my health insurance deductible?
• Do I need to call my car insurance company before buying a new car?
• Do I really need UM/UIM coverage?
• Do I benefit by insuring my home with the same company?
• Who does medical payments coverage extend to?
• Do I pay less if my vehicle is kept in my garage?
• Is a blown tire covered by insurance?
• Can my teen drive my company car?
• Am I covered when driving someone else’s vehicle?

If you don’t know the answers to these questions, you may need to chat with an insurance agent. If you don’t have a local agent, fill out this quick form or go to this page to view a list of companies.