Car Insurance Quotes for a Ford Transit Connect in Durham

A recent auto insurance study discovered that over 70% of drivers have purchased from the same company for more than four years, and nearly 40% of drivers have never even compared quotes to find lower-cost rates. North Carolina consumers could save almost $94 every year by just comparing quotes, but most tend to underestimate the rate savings if they swap their current policy for a cheaper one.

The easiest way to find discount Ford Transit Connect insurance is to start comparing rates regularly from companies in Durham.

1. Take a few minutes and learn about how auto insurance works and the modifications you can make to keep rates down. Many policy risk factors that result in higher prices such as speeding and an unfavorable credit rating can be controlled by being financially responsible and driving safely. Continue reading for instructions to help keep rates affordable and find discounts that you may qualify for.
2. Get rate quotes from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can only quote rates from a single company like Progressive or Allstate, while independent agencies can give you price quotes for a wide range of companies.
3. Compare the new quotes to the price on your current policy to see if you can save by switching companies. If you can save money and make a switch, make sure coverage is continuous and does not lapse.

An essential thing to point out is that you use the same liability limits and deductibles on each price quote and and to get price estimates from as many car insurance companies as possible. This enables an accurate price comparison and the most accurate and complete price analysis.

Our objective is to instruct you on how to compare rates easily and how you can save the most money. If you have a current auto insurance policy, you stand a good chance to be able to shop for the lowest rates using the ideas you’re about to read. Nevertheless, North Carolina vehicle owners do need to learn the methods companies use to price insurance differently and use it to find better rates.

The are a couple different ways of comparing rates from different Durham insurance companies. One of the best ways to compare rates is to get quotes online.

Online shopping is fast and free, and it takes the place of having to spend time driving to insurance agencies in your area. Shopping for car insurance online reduces the need to sit down with an agent unless you require the professional abilities that only an agent can give. Some companies do allow you to compare online quotes and get advice from an agent in your area.

When comparison shopping, comparing more rates from different companies provides better odds of finding better pricing.

The companies in the list below offer comparison quotes in North Carolina. To find the best auto insurance in NC, it’s a good idea that you compare several of them to find the lowest auto insurance rates.

Cheaper rates on Ford Transit Connect insurance in Durham with these auto insurance discounts

Some providers don’t necessarily list the entire discount list very well, so the list below gives a summary of both the well known in addition to some of the lesser obvious discounts that may be available.

• Low Mileage – Fewer annual miles on your Ford could earn lower auto insurance rates on the low mileage vehicles.
• Defensive Driving Course – Taking time to complete a course in defensive driver could possibly earn you a 5% discount and make you a better driver.
• Cautious Driver Discounts – Drivers who don’t get into accidents could pay up to 40% less than less cautious drivers.
• Lower Rates for Military – Being on active duty in the military may qualify for rate reductions.
• Multiple Policy Discount – When you have multiple policies with one insurance company you will save at least 10 to 15 percent or more.
• Discount for Swiching Early – Select companies give a discount for renewing your policy prior to your current Transit Connect insurance policy expiration. This can save 10% or more.
• Theft Prevention System – Vehicles equipped with tracking devices and advanced anti-theft systems prevent vehicle theft and earn discounts up to 10% off your Durham car insurance quote.
• Professional Organizations – Having an affiliation with certain professional organizations could qualify you for a break when shopping for auto insurance.

As is typical with insurance, most discounts do not apply to the entire cost. The majority will only reduce the cost of specific coverages such as medical payments or collision. Even though the math looks like all the discounts add up to a free policy, it’s just not the way it works. But all discounts will help reduce your policy cost.

The information below shows the comparison of Ford Transit Connect car insurance rates with and without discounts. The rates are based on a male driver, no driving violations, no at-fault accidents, North Carolina state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, safe-driver, multi-car, marriage, multi-policy, and claim-free discounts applied.

For a list of companies who offer cheap Ford Transit Connect insurance quotes in Durham in North Carolina, click here.

Rates and other information

The coverage information displayed next outlines a range of coverage costs for Ford Transit Connect models. Having insight into how car insurance premiums are calculated can help you make smart choices when buying a car insurance policy.

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 safe-driver, homeowner, multi-vehicle, multi-policy, and claim-free. Premium costs do not factor in vehicle location which can modify coverage rates noticeably.

Can higher deductibles save money?

The hardest decision when buying coverage is how high should the physical damage coverage deductibles be. The premium rates below outline the difference in cost when you select higher and lower deductibles. The first rate table uses a $100 deductible for comp and collision and the second data table uses a $1,000 deductible.

Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, safe-driver, and multi-vehicle. Information does not factor in zip code location which can lower or raise rates considerably.

Based on these figures, using a $100 deductible will cost you about $24 more each month or $288 for a full year than choosing the higher $1,000 deductible. Since the policyholder would be required to pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to average at least 38 months between claims, you would most likely save money if you elect the higher deductible.

Full coverage rates vs. liability-only

The example below visualizes the comparison of Ford Transit Connect car insurance costs with and without full coverage. The prices are based on no claims or violations, $500 deductibles, marital status is single, and no discounts are factored in.

Are you wasting money on full coverage?

There is no exact formula for phasing out full coverage, but there is a broad guideline. If the annual cost of your full coverage insurance is more than about 10% of replacement cost minus your deductible, then it could be time to drop full coverage.

For example, let’s assume your Ford Transit Connect settlement value is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, the most you would get paid by your company is $8,000 after paying your policy deductible. If premium cost is more than $800 annually to have full coverage, then it could be time to drop full coverage.

There are some scenarios where only buying liability is not a good plan. If you still have a lienholder on your title, you have to carry full coverage in order to keep the loan. Also, if your finances do not allow you to purchase a different vehicle in the even your car is totaled, you should not remove full coverage.

Informed Decisions Result in Lower Insurance Rates

Multiple criteria are used in the calculation when quoting car insurance. Most are fairly basic like a motor vehicle report, but other criteria are less obvious such as your marital status or how safe your car is. Part of the insurance buying process is learning the different types of things that come into play when calculating insurance rates. If you understand what positively or negatively impacts your premiums, this empowers consumers to make smart changes that may reward you with lower premium levels.

The factors shown below are some of the most common factors insurance companies consider when setting rates.

• When should you file claims? – If you are a frequent claim filer, you can expect higher premiums or even policy non-renewal. Car insurance companies in North Carolina award cheaper rates to drivers who do not file claims often. Your insurance policy is intended for claims that pose a financial burden.
• Your spouse saves you money – Having a significant other actually saves money on insurance. It translates into being more financially stable it has been statistically shown that married drivers tend to have fewer serious accidents.
• The higher your credit rating the lower your premiums – Having a bad credit history is a big factor in calculating your premium rate. If your credit is not that good, you may save money insuring your Ford Transit Connect by repairing your credit. Drivers who have very high credit ratings tend to be more responsible and file fewer claims than those with worse credit.

• Are you male or female? – Statistics show that women are safer drivers than men. This data doesn’t prove that women are better drivers. They both get in auto accidents in similar percentages, but the males have accidents that have higher claims. Men also have more aggressive citations like DWI (DUI) or reckless driving.

  The information below visualizes the comparison of Ford Transit Connect auto insurance costs for male and female drivers. The data is based on a clean driving record, no at-fault accidents, full physical damage coverage, $1,000 deductibles, single marital status, and no discounts are applied.

• Deter theft and pay less – Selecting a car model with a theft deterrent system can help bring down rates. Theft prevention devices such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all help prevent your vehicle from being stolen.
• Low coverage deductibles cost more – Physical damage protection, termed comprehensive and collision coverage on your policy, is used to repair damage to your Ford. Some examples of claims that would be covered are a broken windshield, hitting a deer, and damage caused by flying debris. Deductibles for physical damage represent how much money you are willing to pay before a claim is paid by your company. The more of the claim you are required to pay out-of-pocket, the lower your rates will be.
• Rates can drop if you have more than one policy – The majority of insurance companies provide lower prices to people who carry more than one policy in the form of a multi-policy discount. If you currently are using one company, consumers should still compare Ford Transit Connect rates in Durham to help ensure you have the lowest rates. Consumers may find better rates even if you insure with multiple companies

• Pay more by driving carelessly – Just one moving violation may increase your cost forty percent or more. Careful drivers tend to pay less for car insurance than people who have multiple driving citations. Drivers who have received careless tickets such as hit and run, DWI or reckless driving convictions may need to file a SR-22 with their state DMV in order to drive a vehicle legally.

  The example below illustrates how violations and at-fault fender-benders raise Ford Transit Connect yearly insurance costs for each different age group. The information is based on a single male driver, comprehensive and collision coverage, $250 deductibles, and no other discounts are factored in.

Exclusive and independent insurance agents

Many drivers would rather get advice from a local agent and there is nothing wrong with that. One of the best bonuses of comparing car insurance online is you can get lower rates and still have an agent to talk to. And buying from neighborhood agents is still important in Durham.

After completing this short form, your insurance data is submitted to local insurance agents who will return price quotes for your coverage. It’s much easier because you don’t need to even leave your home due to the fact that quote results will go to your email. You can find better rates and a licensed agent to talk to. If for some reason you want to compare rates from a specific car insurance provider, you would need to visit that company’s website and submit a quote form there.

Choose an insurance agent wisely

When researching a reputable agency, there are a couple of different agency structures and how they differ in how they can insure your vehicles. Car insurance agents are categorized either exclusive agents or independent agents.

Independent Insurance Agents

Agents in the independent channel do not sell for just one brand so as a result can place your coverage through many different car insurance companies enabling the ability to shop coverage around. If you are not satisfied with one company, your agent can switch companies and you don’t have to do anything. When searching for an agent, you will want to get some free quotes from independent agents so that you have a good selection of quotes to compare.

The following is a partial list of independent insurance agents in Durham that may be able to give price quotes.

More Durham agents

Exclusive Agencies

These agents are contracted to one company like American Family, State Farm, and Allstate. Exclusive agents cannot provide prices from multiple companies so you might not find the best rates. They are usually quite knowledgeable on what they offer which helps overcome the inability to quote other rates.

Below are exclusive agents in Durham willing to provide price quote information.

More Durham agents

Picking an insurance agency requires more thought than just a cheap quote. Ask your prospective agent these questions:

• Do clients work directly with the agent or are most inquiries handled by a CSR?
• Do they get paid more for recommending certain coverages?
• Which insurance company do they prefer to write with?
• How many companies do they write for?
• Are they able to influence company decisions when a claim is filed?

Best auto insurance company in Durham

Choosing the top company can be rather challenging considering how many companies sell coverage in Durham. The company ratings listed below can help you analyze which car insurance companies you want to consider comparing rate quotes with.

Top 10 Durham Car Insurance Companies Overall

1. Travelers
2. USAA
3. AAA Insurance
4. Nationwide
5. Allstate
6. State Farm
7. The Hartford
8. Safeco Insurance
9. Progressive
10. American Family

Don’t give up on cheap coverage

In this article, we covered many tips how you can get a better price on Ford Transit Connect insurance in Durham. It’s most important to understand that the more times you quote, the better your comparison will be. Consumers could even find that the lowest priced auto insurance comes from a lesser-known regional company. These smaller insurers may often insure only within specific states and give better rates compared to the large companies like State Farm, GEICO and Nationwide.

Cheaper auto insurance in Durham is available both online and also from your neighborhood Durham agents, so you should compare both to have the best selection. A few companies don’t offer rate quotes online and these small, regional companies work with independent agents.

As you go through the steps to switch your coverage, you should never skimp on critical coverages to save a buck or two. In many instances, an insured dropped comprehensive coverage or liability limits and found out when filing a claim that the small savings ended up costing them much more. Your goal should be to purchase plenty of coverage at the best possible price, but do not skimp to save money.

More information can be found below:

• Things to Know Before you Cancel Insurance (Allstate)
• How Much are Car Insurance Rates for Retired Military in Durham? (FAQ)
• Who Has Affordable Durham Car Insurance Rates for a Ford F-150? (FAQ)
• Who Has Affordable Auto Insurance for a Toyota Highlander in Durham? (FAQ)
• Who Has Affordable Car Insurance for a Mazda CX-7 in Durham? (FAQ)
• Who Has the Cheapest Auto Insurance Rates for a Honda Accord in Durham? (FAQ)
• Who Has Cheap Auto Insurance Rates for Used Cars in Durham? (FAQ)
• How Much are Durham Auto Insurance Quotes for 17 Year Olds? (FAQ)
• Who Has the Cheapest Car Insurance Quotes for a Toyota Tacoma in Durham? (FAQ)
• How Much is Car Insurance After a Speeding Ticket in Durham? (FAQ)
• Who Has Cheap Durham Auto Insurance for Business Use? (FAQ)
• Who Has the Cheapest Car Insurance Quotes for a 20 Year Old Male in Durham? (FAQ)
• Credit and Insurance Scores (Insurance Information Institute)
• Credit Impacts Car Insurance Rates (State Farm)