Feel like you’re a prisoner to an overpriced car insurance policy? Trust us when we tell you many consumers are feeling buyer’s remorse and feel like there’s no way out. Insurance companies such as GEICO and Progressive continually bombard you with catchy ads and it can be hard to avoid their marketing magic and take the time to shop coverage around.
Consumers need to shop coverage around before your policy renews because insurance rates tend to go up over time. Even if you got the best deal on Transit Connect coverage six months ago a different company probably has better rates today. There is too much inaccurate information about car insurance on the internet, so with this article, you’re going to get some great ideas on how to quit paying high car insurance rates.
Getting a cheaper price on 2010 Ford Transit Connect insurance can be surprisingly simple. The only thing you need to do is spend a little time to compare quotes from different insurance companies. This can be done in a couple of different ways.
It doesn’t matter which method you choose, just make sure you use the exact same coverages and limits with every price quote. If you use different liability limits it will be next to impossible to find the best deal for your Ford Transit Connect.
When it comes to buying coverage, there is no one size fits all plan. Every situation is different and a cookie cutter policy won’t apply. Here are some questions about coverages that could help you determine whether your personal situation will benefit from professional help.
If you’re not sure about those questions, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, fill out this quick form or you can go here for a list of companies in your area. It only takes a few minutes and you can get the answers you need.
Knowing the specifics of your auto insurance policy can help you determine the best coverages for your vehicles. Auto insurance terms can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find typical coverages found on most auto insurance policies.
Collision coverage protection
Collision coverage pays for damage to your Transit Connect resulting from a collision with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.
Collision insurance covers claims like colliding with another moving vehicle, driving through your garage door and crashing into a building. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. You can also raise the deductible to save money on collision insurance.
Medical payments and PIP coverage
Medical payments and Personal Injury Protection insurance pay for bills like chiropractic care, funeral costs and X-ray expenses. They are utilized in addition to your health insurance policy or if there is no health insurance coverage. They cover all vehicle occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage
This will cover damages or injuries you inflict on people or other property. It protects you from claims by other people. It does not cover damage sustained by your vehicle in an accident.
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 which means $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property. Alternatively, you may have one number which is a combined single limit which limits claims to one amount rather than limiting it on a per person basis.
Liability coverage pays for things such as emergency aid, repair costs for stationary objects, medical expenses and funeral expenses. The amount of liability coverage you purchase is up to you, but you should buy as much as you can afford.
UM/UIM (Uninsured/Underinsured Motorist) coverage
Your UM/UIM coverage gives you protection from other drivers when they either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries and also any damage incurred to your 2010 Ford Transit Connect.
Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. This is the reason having UM/UIM coverage is very important. Most of the time these coverages do not exceed the liability coverage limits.
Comprehensive auto coverage
This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.
Comprehensive can pay for claims like vandalism, hitting a bird, hitting a deer, a broken windshield and damage from getting keyed. The maximum payout your auto insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.