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.

Insurance for Ford Transit ConnectIf 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.

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.

Ford Transit Connect Insurance Rates in Orlando, FL
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Transit Connect XL 2WD $176 $364 $392 $24 $118 $1,074 $90
Transit Connect XLT 2WD $176 $364 $392 $24 $118 $1,074 $90
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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.

Ford Transit Connect insurance premium estimates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Transit Connect XL 2WD $280 $544 $418 $24 $124 $1,415 $118
Transit Connect XLT 2WD $280 $544 $418 $24 $124 $1,415 $118
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Ford Transit Connect insurance premium estimates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Transit Connect XL 2WD $174 $342 $418 $24 $124 $1,082 $90
Transit Connect XLT 2WD $174 $342 $418 $24 $124 $1,082 $90
Get Your Own Custom Quote Go

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.

Average monthly premium for $250 deductibles: $118
Average monthly premium for $1,000 deductibles (subtract): – $90
Monthly savings from raising deductible: $28
Difference between deductibles ($1,000 – $250): $750
Divide difference by monthly savings: $750 / $28
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 27 months

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.Save money with discounts

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 thatAuto insurance savings
For instance, these questions could help you determine if you would benefit from an agent’s advice.

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.