Save Money on Ford Transit Connect Insurance in Raleigh

Insurance quote for Ford Transit Connect in RaleighIf saving the most money is your goal, then the best way to get the cheapest Ford Transit Connect insurance is to start doing an annual price comparison from companies who provide car insurance in Raleigh. Rates can be compared by following these guidelines.

A good tip to remember is to compare similar limits and deductibles on each quote request and and to analyze every company you can. Doing this enables the most accurate price comparison and the best price selection.

Shockingly, 70% of consumers kept their coverage with the same car insurance company for well over three years, and almost half have never compared car insurance rates at all. Many consumers in the U.S. can save approximately $850 each year just by comparing rates, but they just don’t understand the rate savings if they switch to a new company.

Finding low cost Raleigh auto insurance prices isn’t really that difficult. You just need to take the time getting comparison quotes from online providers.

Doing online price quotes comparisons is so easy that it takes the place of having to waste gas driving to different Raleigh agent offices. Comparing Ford Transit Connect insurance rates online can eliminate the need for a local agent unless you require the personal advice of a local agency. Although, it is possible find lower rates online and get advice from an agent in your area.

The companies shown below provide free quotes in Raleigh, NC. To locate the cheapest auto insurance in Raleigh, we recommend you get price quotes from several of them to get a more complete price comparison.

Insurance analysis for a Ford Transit Connect

The price information shown next covers a range of policy rates for Ford Transit Connect models. Knowing how auto insurance prices are determined can help guide drivers when making decisions on the best policy coverages.

Ford Transit Connect Insurance Rates in Raleigh, NC
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Transit Connect XL 2WD $118 $256 $282 $16 $84 $756 $63
Transit Connect XLT 2WD $118 $256 $282 $16 $84 $756 $63
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Prices above based on single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and North Carolina minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, claim-free, and safe-driver. Price information does not factor in vehicle location which can increase or decrease insurance rates greatly.

Analysis of deductible levels

One of the hardest decisions when shopping for insurance is which deductibles should you choose. The comparisons below determine the costs and benefits of buying low and high policy deductibles. The first table uses a $250 comprehensive and collision deductible and the second set of prices uses a $1,000 deductible.

Ford Transit Connect insurance premium rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Transit Connect XL 2WD $168 $324 $250 $14 $74 $855 $71
Transit Connect XLT 2WD $168 $324 $250 $14 $74 $855 $71
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Ford Transit Connect insurance premium rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Transit Connect XL 2WD $104 $204 $250 $14 $74 $646 $54
Transit Connect XLT 2WD $104 $204 $250 $14 $74 $646 $54
Get Your Own Custom Quote Go

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, homeowner, and multi-vehicle. Information does not factor in your specific Raleigh location which can decrease or increase premium rates considerably.

Based on these figures, using a $250 deductible could cost the average driver approximately $17 more each month or $204 for a full year than quoting the higher $1,000 deductible. Since you would pay $750 more out-of-pocket with a $1,000 deductible as compared to a $250 deductible, if you tend to go more than 44 months between claims, you would probably save some money if you choose the higher deductible. The numbers below show an example of how this decision is made.

Average monthly premium for $250 deductibles: $71
Average monthly premium for $1,000 deductibles (subtract): – $54
Monthly savings from raising deductible: $17
Difference between deductibles ($1,000 – $250): $750
Divide difference by monthly savings: $750 / $17
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 44 months

Ford Transit Connect full coverage rates compared to liability only

The example below illustrates the difference between Ford Transit Connect car insurance costs when comparing full coverage to state minimum liability only. The costs are based on no tickets, no at-fault accidents, $1,000 deductibles, single status, and no discounts are taken into consideration.

When to drop full coverage

There isn’t a steadfast formula that is best for determining when to drop physical damage coverage, but there is a general school of thought. If the yearly cost of full coverage is about 10% or more of replacement cost minus your deductible, then it may be the right time to buy liability only.

For example, let’s assume your Ford Transit Connect replacement value is $5,000 and you have $1,000 policy deductibles. If your vehicle is damaged in an accident, the most your company would pay you is $4,000 after paying the physical damage deductible. If premiums are more than $400 annually for physical damage coverage, the it may be a good time to stop paying for full coverage.

There are some cases where removing full coverage is not a good idea. If you still owe money on your vehicle, you have to maintain full coverage in order to keep the loan. Also, if you can’t afford to buy a different vehicle in the even your car is totaled, you should not opt for liability only.

Affordable rates on Ford Transit Connect insurance in Raleigh with these auto insurance discounts

Companies that sell car insurance don’t list every policy discount very clearly, so here is a list some of the more common in addition to some of the lesser obvious ways to save on auto insurance.Discount auto insurance

Don’t be shocked that some credits don’t apply to the entire policy premium. The majority will only reduce individual premiums such as liability, collision or medical payments. So even though it sounds like all those discounts means the company will pay you, that’s just not realistic.

The information below visualizes the comparison of Ford Transit Connect auto insurance costs with and without discounts being applied to the rates. The rates are based on a female driver, a clean driving record, no at-fault accidents, North Carolina state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-car, safe-driver, claim-free, multi-policy, and marriage discounts applied.

A few of the larger companies and some of the premium reductions they offer can be read below.

Before buying, ask each insurance company to give you their best rates. Some of the earlier mentioned discounts may not be offered in your state.

It may be expensive, but it’s not optional

Despite the potentially high cost of Ford Transit Connect insurance, insurance is most likely required but also gives you several important benefits.

The benefits of having insurance definitely exceed the price paid, particularly for liability claims. The average driver in North Carolina is wasting up to $820 a year so compare rate quotes every year to save money.

Do I just need basic coverages?

Always remember that when buying the best auto insurance coverage for your vehicles, there really is no cookie cutter policy. Your situation is unique.Drive safe and save

These are some specific questions could help you determine whether you may require specific advice.

If you can’t answer these questions but one or more may apply to you then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form. It’s fast, doesn’t cost anything and can provide invaluable advice.

When to contact an agent

Some consumers would prefer to sit down with an agent and often times that is recommended Professional insurance agents can help determine the best coverages and help you file claims. An additional benefit of getting online price quotes is that you can obtain better rates and still buy from a local agent. Supporting local insurance agents is important particularly in Raleigh.

Find insurance agent in RaleighOnce you complete this simple form, your insurance coverage information is emailed to local insurance agents that can give you free Raleigh auto insurance quotes for your coverage. It makes it easy because there is no need to find an agent because quoted prices will be sent immediately to your email address. If you wish to compare rates for a specific company, you would need to jump over to their website and fill out their quote form.

If you prefer to buy car insurance from a reputable agency, it helps to know the two types of insurance agents and how they differ in how they can insure your vehicles. Raleigh agents can be classified as either independent or exclusive. Either type can sell car insurance policies, but it is a good idea to know how they are different since it can affect the kind of agent you use.

Independent Insurance Agents

Independent insurance agents are not restricted to one company and that enables them to quote your coverage with an assortment of companies and find the cheapest car insurance rates. If they find a lower price, they can switch companies in-house which requires no work on your part.

When shopping rates, you definitely need to get insurance quotes from independent agents in order to compare the most rates.

Below is a short list of independent agencies in Raleigh who may provide free price quotes.

2010 New Bern AveRaleigh, NC 27610(919) 255-6210View Map

6512 Six Forks Rd #102cRaleigh, NC 27615(919) 870-9191View Map

4505 Falls of Neuse Rd Suite 350Raleigh, NC 27609(919) 781-0200View Map

More Raleigh agents

Exclusive Agents

These type of agents can usually just insure with one company such as Allstate, AAA, Farmers Insurance, and State Farm. They generally cannot shop your coverage around so they really need to provide good service. Exclusive insurance agents receive a lot of sales training on what they offer which aids in selling service over price.

The following is a short list of exclusive insurance agents in Raleigh that can give you rate quotes.

805 Spring Forest Rd #1400Raleigh, NC 27609(919) 954-1340View Map

4030 Wake Forest Rd Ste 106Raleigh, NC 27609(919) 850-0560View Map

5910 Duraleigh Rd #135Raleigh, NC 27612(919) 834-3615View Map

More Raleigh agents

Choosing the best insurance agent needs to be determined by more than just a low price. Any agent in Raleigh should have no problem answering these questions: