2018 Ford Transit Connect Insurance Rates in 2024

Did you make the mistake of buying overpriced insurance? Don’t sweat it because many consumers are feeling buyer’s remorse and feel like there’s no way out.

Companies like State Farm, Progressive and GEICO persistently shower you with ad campaigns and consumers find it hard to avoid their marketing magic and do the work needed to find the best deal.

If you are paying for car insurance now, you will be able to cut costs considerably using these methods. Finding the best rates is not rocket science. Nevertheless, vehicle owners must understand the methods companies use to determine prices and apply this information to your search.

Earn discounts on insurance

Some companies don’t list every discount available in a way that’s easy to find, so we break down some of the more common and also the more inconspicuous credits available to you.

• Student Driver Training – Teen drivers should successfully take a drivers education course as it can save substantially.
• Save with a New Car – Buying insurance coverage on a new vehicle can save you some money compared to insuring an older model.
• More Vehicles More Savings – Buying insurance for primary and secondary vehicles with the same company qualifies for this discount.
• Active Military Service – Being on active deployment in the military could be rewarded with lower insurance rates.
• Passive Restraints and Air Bags – Vehicles equipped with air bags or automatic seat belts can get savings of more than 20%.
• Theft Deterrent – Cars and trucks optioned with advanced anti-theft systems are stolen less frequently and will qualify for a discount on a insurance coverage quote.
• Federal Employees – Federal government employees may reduce rates when you quote insurance coverage on Transit Connect coverage depending on your company.
• Accident Forgiveness – This isn’t a discount exactly, but companies like GEICO, State Farm, and Progressive allow you one accident before raising your premiums so long as you haven’t had any claims prior to being involved in the accident.
• Student in College – Youth drivers who live away from home to go to college and won’t have access to an insured vehicle may be insured at a cheaper rate.
• Auto/Life Discount – Insurance carriers who offer life insurance give a discounted price on car insurance if you buy life insurance.

Don’t be shocked that most discount credits are not given to the overall cost of the policy. The majority will only reduce individual premiums such as comprehensive or collision. So despite the fact that it appears you could get a free insurance policy, you won’t be that lucky.

Insurance companies that may have some of the discounts shown above include:

• State Farm
• GEICO
• Liberty Mutual
• The Hartford
• MetLife
• Progressive

When getting a coverage quote, ask every company to apply every possible discount. Some credits might not be available to policyholders in your area.

Ways to get insurance coverage quotes

There are multiple methods to compare insurance coverage quotes, but one way is easier and takes less work. You could spend your day discussing policy coverages with local insurance agents in your area, or you can stay home and use online quoting to get rates in a matter of minutes.

Many popular insurance companies participate in an industry program where prospective buyers submit one quote, and every company returns a competitive quote based on the submitted data. This system prevents you from having to do quotation requests to each company.

To compare rates now enter your zip code here.

The only downside to using this type of system is that consumers can’t choose which companies to receive prices from. So if you want to choose from a list of companies to receive pricing from, we have assembled a list of companies who write insurance coverage in your area. Click to enter zip code for insurance companies.

How you compare quotes is your choice, just ensure you are comparing the same quote information for each quote you get. If the quotes have differing limits you will not be able to truly determine the lowest rate. Having just a slight variation in limits may cause a big price difference. And when comparing insurance coverage rates, know that more quotes will enable you to find more affordable insurance.

Four factors that affect insurance premiums

When buying car insurance it’s important to understand the rating factors that play a part in calculating car insurance rates. If you know what influences your rates, this allows you to make good choices that can earn you big savings. Many different elements are part of the equation when you quote your car insurance policy. Some are pretty understandable such as traffic violations, although others are less apparent like your vehicle usage and annual miles driven.

The list below includes some of the most rate-impacting factors utilized by car insurance companies to help set prices.

• Obey driving laws and save – Whether or not you get tickets can have a huge impact on auto insurance premiums. Only having one driving citation may cause rates to rise by as much as thirty percent. Attentive drivers get better rates compared to bad drivers. Drivers who get severe violations such as reckless driving, hit and run or driving under the influence may find they need to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to keep their license.
• Teenage drivers are expensive to insure – More mature drivers are more responsible, cause fewer claims and accidents , and usually have better credit. Youthful drivers have a tendency to be inattentive and easily distracted with other occupants in the car therefore car insurance rates are much higher.
• Insurance costs and driver gender – Statistics show that females tend to be a little less risky than males. However, don’t assume that females are better drivers. Both sexes cause at-fault accidents at a similar rate, but the men tend to have more serious accidents. Men also get more serious tickets like DUI and reckless driving. Young men ages 16 to 20 are most likely to cause an accident and thus pay the highest rates.
• Extra policy coverages you don’t need – Policies have add-on coverages that can waste your money if you aren’t diligent. Insurance for rental car reimbursement, better glass coverage, and extra equipment coverage are probably not needed. These coverages may sound good at first, but your money might be better spent on other coverage so eliminate the coverages to reduce your premium.

Tailor your insurance coverage to you

When it comes to choosing the right insurance coverage, there really is no perfect coverage plan. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. For instance, these questions can aid in determining if your situation would benefit from professional advice.

• Should I rate my 2018 Ford Transit Connect as pleasure use or commute?
• Do I need roadside assistance coverage?
• Is my 2018 Ford Transit Connect covered for flood damage?
• When does my teenage driver need to be added to my policy?
• Are my friends covered when driving my 2018 Ford Transit Connect?
• Where can I find DUI or SR-22 insurance?
• Do I need more liability coverage?
• Should I buy additional glass protection?
• Am I covered if I drive in a foreign country?
• What companies insure drivers after a DUI or DWI?

If it’s difficult to answer those questions, you may need to chat with an insurance agent. If you don’t have a local agent, complete your zip code.

Save $395 a year! What?

Popular insurance providers such as Allstate and Progressive constantly bombard you with ads in print and on television. They all make the point about savings just by moving your coverage to them. How is it possible that every company can charge less that you’re paying now? Here is the trick they use.

Insurance providers have a preferred profile for the type of customer that will not have excessive claims. For example, this type of insured should be a mature driver, has a low-risk occupation, and drives a vehicle with a low ISO rating. A driver that fits those parameters will probably get the lowest premium rates and as a result will probably save when they switch companies.

Potential customers who are not a match for the requirements will have to pay a more expensive rate and the prospect going elsewhere. The wording the ads use say “customers who switch” but not “all drivers who get quotes” save that much. That is how insurance companies can lure you into getting a quote.

Because of these techniques, you should get as many free insurance coverage quotes as possible. Because you never know which insurance companies will fit you best based on your risk profile.

Detailed coverages of your car insurance policy

Learning about specific coverages of car insurance aids in choosing appropriate coverage and the correct deductibles and limits. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording. Below you’ll find typical coverages found on most car insurance policies.

Coverage for collisions

Collision insurance pays for damage to your Transit Connect caused by collision with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things such as driving through your garage door, sideswiping another vehicle and sustaining damage from a pot hole. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to raise the deductible to get cheaper collision coverage.

Comprehensive or Other Than Collision

This pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things like hitting a deer, rock chips in glass, a tree branch falling on your vehicle, damage from a tornado or hurricane and theft. The maximum payout you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses like X-ray expenses, EMT expenses, funeral costs and pain medications. They can be used to cover expenses not covered by your health insurance program or if you do not have health coverage. Coverage applies to both the driver and occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Liability insurance

This protects you from damage or injury you incur to a person or their property that is your fault. This insurance protects YOU from legal claims by others. Liability doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property. Another option is one number which is a combined single limit that pays claims from the same limit without having the split limit caps.

Liability coverage pays for claims like pain and suffering, bail bonds and structural damage. How much liability should you purchase? That is a decision to put some thought into, but buy higher limits if possible.

UM/UIM Coverage

This gives you protection when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family and damage to your Ford Transit Connect.

Due to the fact that many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important. Most of the time the UM/UIM limits are set the same as your liability limits.

Final thoughts

As you go through the steps to switch your coverage, never reduce coverage to reduce premium. There have been many situations where someone sacrificed physical damage coverage and learned later that saving that couple of dollars actually costed them tens of thousands. The aim is to buy enough coverage for the lowest cost while still protecting your assets.

The cheapest 2018 Ford Transit Connect insurance is available on the web as well as from independent agents, and you need to comparison shop both to have the best selection. Some insurance companies don’t offer online quoting and usually these small insurance companies sell through independent agents.

We’ve covered quite a bit of information on how to lower your 2018 Ford Transit Connect insurance rates. The most important thing to understand is the more rate quotes you have, the higher the chance of saving money. You may be surprised to find that the most savings is with a company that doesn’t do a lot of advertising. These companies may often insure only within specific states and give getter rates than the large multi-state companies such as Allstate and Progressive.