To save the most money, the best way to get cheaper Ford Transit Connect insurance is to begin comparing prices regularly from different companies that sell auto insurance in Greensboro.
- It will benefit you to learn about what coverages are included in your policy and the things you can control to drop your rates. Many risk factors that result in higher rates like at-fault accidents, careless driving, and your credit history can be remedied by making lifestyle changes or driving safer. This article provides more ideas to help prevent costly coverage and find overlooked discounts.
- Obtain price quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can provide rates from one company like GEICO and State Farm, while independent agencies can give you price quotes from multiple companies.
- Compare the new quotes to the premium of your current policy to determine if you can save on Transit Connect insurance in Greensboro. If you can save money, make sure coverage does not lapse between policies.
A good piece of advice is that you’ll want to compare similar limits and deductibles on every quote and and to get quotes from as many different companies as possible. This helps ensure an accurate price comparison and a complete price analysis.
We don’t have to point out that fact that auto insurance companies want to prevent you from shopping around. Consumers who compare rates at least once a year are very likely to buy a new policy because there is a great chance of finding a lower-priced company. A recent survey revealed that people who regularly compared price quotes saved approximately $865 annually compared to policyholders who didn’t regularly shop around.
If saving the most money on car insurance in Greensboro is why you’re reading this, then learning a little about how to shop and compare insurance premiums can make it simple to find affordable coverage.
Finding the cheapest coverage in Greensboro is much easier if you have a good place to start. If you are insured now, you will surely be able to get lower rates using this strategy. But North Carolina vehicle owners do need to understand the way companies compete online because it can help you find the best coverage.
Get affordable rates by taking advantage of discounts
Insurance is easily one of your largest bills, but there’s a good chance there are discounts that you may not know about. A few discounts will be applied at the time you complete a quote, but some may not be applied and must be asked for in order for you to get them. If you don’t get every credit you qualify for, you’re paying more than you need to.
- Low Miles Discount – Maintaining low annual mileage may allow you to get lower premium rates due to less chance of an accident.
- Switch and Save Discount – A few companies offer discounts for renewing your policy prior to the expiration date on your current Transit Connect insurance policy. This can save 10% or more.
- Theft Prevention Discount – Vehicles that have factory anti-theft systems have a lower chance of being stolen and will save you 10% or more on Transit Connect insurance in Greensboro.
- One Accident Forgiven – Not really a discount, but some insurance companies will turn a blind eye to one accident before hitting you with a surcharge if your claims history is clear prior to being involved in the accident.
- College Student – Youth drivers who attend college more than 100 miles from Greensboro and don’t have a car may be insured at a cheaper rate.
- Defensive Driver Discount – Taking part in a course in defensive driver could earn you a small percentage discount and also improve your driving technique.
- Federal Government Employee – Active or retired federal employment can save as much as 8% depending on your company.
We need to note that some credits don’t apply to all coverage premiums. Most only cut the cost of specific coverages such as comp or med pay. Even though the math looks like all the discounts add up to a free policy, insurance companies wouldn’t stay in business.
The example below visualizes the comparison of Ford Transit Connect insurance costs with and without policy discounts. The premiums assume a male driver, no claims, a clean driving record, North Carolina state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, homeowner, claim-free, safe-driver, marriage, and multi-policy discounts applied.
Popular insurance companies and their possible discounts can be read below.
- State Farm may offer discounts for student away at school, Steer Clear safe driver discount, good student, Drive Safe & Save, and multiple autos.
- Progressive offers discounts including good student, homeowner, multi-vehicle, continuous coverage, multi-policy, online quote discount, and online signing.
- Progressive discounts include online signing, good student, continuous coverage, homeowner, online quote discount, and multi-policy.
- MetLife policyholders can earn discounts including good driver, claim-free, defensive driver, accident-free, multi-policy, good student
- Farm Bureau offers discounts for youthful driver, 55 and retired, driver training, safe driver, and renewal discount.
- GEICO has discounts for good student, military active duty, seat belt use, emergency military deployment, multi-vehicle, air bags, and driver training.
- SAFECO may include discounts for drive less, teen safe driver, multi-car, teen safety rewards, and bundle discounts.
When getting free Greensboro car insurance quotes, it’s a good idea to all the companies to apply every possible discount. Some discounts listed above might not apply in Greensboro. If you would like to view insurance companies that offer multiple discounts in North Carolina, click this link.
The quickest way to compare rates for Ford Transit Connect insurance in Greensboro utilizes the fact all the major auto insurance companies have advanced systems to give rate comparisons. The one thing you need to do is give them some information like whether you are married, if you lease or own, the make and model of your vehicles, and if you are currently licensed. The data gets sent immediately to insurance carriers in your area and you will get price comparisons almost instantly.
To find lower cheap Ford Transit Connect insurance rates now, click here and find out if lower rates are available in Greensboro.
The companies shown below have been selected to offer free rate quotes in North Carolina. To locate the cheapest auto insurance in North Carolina, it’s highly recommended you visit as many as you can to get the best price comparison.
Ford Transit Connect insurance coverage information
The rate table displayed below highlights a range of insurance premium costs for Ford Transit Connect models. Having insight into how insurance rates are figured can assist in making decisions when choosing a new policy provider.
| 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 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and North Carolina minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, multi-policy, and claim-free. Premium costs do not factor in specific location which can raise or lower auto insurance rates significantly.
Insurance deductibles
When shopping for insurance, a common question is which deductibles should you choose. The rates shown below approximate the difference in cost between high and low physical damage coverage deductibles. The first rate comparisons uses a $100 deductible for physical damage and the second price chart uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Transit Connect XL 2WD | $186 | $386 | $250 | $14 | $74 | $935 | $78 |
| Transit Connect XLT 2WD | $186 | $386 | $250 | $14 | $74 | $935 | $78 |
| Get Your Own Custom Quote Go | |||||||
| 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 | |||||||
Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, safe-driver, and multi-vehicle. Price information does not factor in the specific area where the vehicle is garaged which can modify premiums significantly.
Based on the data above, we can derive that using a $100 deductible costs about $24 more each month or $288 annually than opting for the higher $1,000 deductible. Since you would have 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 have at least 38 months between claims, you would most likely save money if you elect the higher deductible.
Annual premiums for males versus females
The chart below visualizes the comparison of Ford Transit Connect auto insurance costs for male and female drivers. The prices are based on a clean driving record, no at-fault accidents, full physical damage coverage, $250 deductibles, marital status is single, and no policy discounts are applied.
Informed Drivers Save Money
An important part of buying insurance is that you know the different types of things that help determine your insurance rates. When you understand what controls the rates you pay, this allows you to make good choices that could result in much lower annual insurance costs. Lots of things are taken into consideration when premium rates are determined. Some are pretty understandable such as your driving history, but some are not quite as obvious such as your credit history or how safe your car is.
The itemized list below are a few of the things used by insurance companies to determine your prices.
- Frequent policy claims will cost you more – Companies in North Carolina award cheaper rates to policyholders who do not file claims often. If you are a frequent claim filer, you can look forward to either policy cancellation or increased premiums. Auto insurance is designed for major claims that would cause financial hardship.
- The more you drive the more you pay – Driving a lot of miles every year the more you will pay for insurance. Most insurance companies charge rates determined by how the vehicle is used. Cars and trucks not used for work or commuting qualify for better rates than those used for commuting. Make sure your vehicle rating is showing how each vehicle is driven. An improperly rated Transit Connect can result in significantly higher rates.
- Having a spouse can lower rates – Having a wife or husband may cut your premiums on your insurance bill. Having a significant other translates into being more financially stable and statistics show married drivers tend to have fewer serious accidents.
- Physical damage deductibles – Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, is used to repair damage to your Ford. Some instances where coverage would apply could be running into the backend of another car, vandalism, and windstorm damage. Comp and collision deductibles are how much you are willing to pay if a covered claim is submitted. The more of the claim you pay before a claim is paid (deductible), the bigger discount you will receive.
Special considerations
When it comes to choosing a policy, there really is not a single plan that fits everyone. Your needs are not the same as everyone else’s.
For instance, these questions may help you determine whether your personal situation would benefit from an agent’s advice.
- Can I make deliveries for my home business?
- Is motorclub coverage worth it?
- Do I have coverage for damage caused while driving under the influence?
- Am I covered if I crash into my own garage door?
- What if I total my Ford Transit Connect and owe more than it’s worth?
- Am I insured when driving a different vehicle?
- Am I covered when renting a car or should I buy coverage from the car rental agency?
- Does my insurance cover damage caused when ticketed for reckless driving?
- Am I covered by my spouse’s policy after a separation?
- What should my uninsured motorist coverage limits be in North Carolina?
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 this form.
When should I contact an insurance agency?
Many drivers just want to sit down and talk to an agent and that is just fine! One of the best bonuses of getting online price quotes is you can get cheap rate quotes and still have an agent to talk to.
By using this quick form, the quote information is transmitted to companies in Greensboro who will give competitive quotes and help you find cheaper coverage. There is no need to leave your computer since rate quotes are delivered to you. You can most likely find cheaper rates and an insurance agent to talk to. If you have a need to get a comparison quote from a specific company, don’t hesitate to go to their quote page to submit a rate quote request.
Choosing an company is decision based upon more than just a cheap price. Any agent in Greensboro should be willing to answer these questions.
- Can glass repairs be made at your home?
- Do they specialize in personal lines auto insurance in Greensboro?
- Is coverage determined by price?
- Does the company have a solid financial rating?
- Do they have designations such as AIC, CPCU, or CIC?
- Can you get a list of referrals?
- Does the company have a local claim office in Greensboro?
Multiple types of car insurance agents in Greensboro
When researching a good insurance agency, it’s helpful to know the types of agencies that you can select. Agents are considered either independent agents or exclusive agents depending on their employer.
Exclusive Agencies
Agents that elect to be exclusive can only provide pricing for a single company and some examples include State Farm, Allstate and AAA. These agents are unable to compare rates from other companies so they have to upsell other benefits. These agents receive extensive training on the products they sell which helps offset the inability to provide other markets. Consumers frequently buy insurance from these agents mostly because of the prominence of the brand rather than low rates.
Listed below is a short list of exclusive insurance agencies in Greensboro willing to provide price quotes.
- John Klopp – State Farm Insurance Agent
401 Battleground Ave – Greensboro, NC 27401 – (336) 268-9000 – View Map - Allstate Insurance: Michael Patterson
3817 Lawndale Dr, Ste B2 – Greensboro, NC 27455 – (336) 545-4596 – View Map - Allstate Insurance: Kayode Abimbola
603 Summit Ave #101 – Greensboro, NC 27405 – (336) 273-6363 – View Map
Independent Agents
Independent agencies are not employed by any specific company so as a result can place your coverage through lots of different companies depending on which coverage is best. If your premiums go up, an independent agent can move your coverage and you can keep the same agent. If you need lower rates, we recommend you get rate quotes from independent agents to have the best price comparison. They often place coverage with smaller regional carriers which may provide better rates.
Shown below are Greensboro independent insurance agents who can help you get price quotes.
- Ratterree Insurance Agency
5206 W Market St – Greensboro, NC 27409 – (336) 369-0508 – View Map - Williford Insurance Group Inc
2201 W Cone Blvd – Greensboro, NC 27408 – (336) 288-1956 – View Map - Nationwide Insurance: Haywood Insurance Agency Inc
2211 W Meadowview Rd Ste 110 – Greensboro, NC 27407 – (336) 855-1234 – View Map
Why you need vehicle insurance in North Carolina
Even though it’s not necessarily cheap to insure a Ford in Greensboro, buying insurance serves an important purpose.
First, almost all states have compulsory liability insurance requirements which means the state requires specific minimum amounts of liability insurance in order to drive the car legally. In North Carolina these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
Second, if you took out a loan on your Transit Connect, most banks will make it a condition of the loan that you have full coverage to guarantee their interest in the vehicle. If coverage lapses or is canceled, the bank will be required to insure your Ford for a much higher rate and require you to pay the higher price.
Third, insurance safeguards both your vehicle and your assets. It will also cover most medical and hospital costs for yourself as well as anyone injured by you. Liability coverage also covers legal expenses if someone files suit against you as the result of an accident. If mother nature or an accident damages your car, your insurance policy will pay to repair the damage.
The benefits of insuring your car greatly outweigh the cost, particularly for liability claims. An average driver in America is wasting up to $700 annually so you should quote and compare rates at every renewal to save money.
Shop around and save
People leave their current company for a number of reasons such as poor customer service, high rates after DUI convictions, high prices and even policy non-renewal. Regardless of your reason, switching companies is actually quite simple.
In this article, we presented many ideas to lower your Ford Transit Connect insurance prices in Greensboro. The key concept to understand is the more times you quote, the better chance you’ll have of finding the cheapest Ford Transit Connect rate quotes. You may even be surprised to find that the most savings is with some of the smallest insurance companies.
More affordable insurance in Greensboro can be sourced from both online companies and from local agencies, so you need to quote Greensboro car insurance with both to have the best selection. Some insurance companies may not have rate quotes online and many times these smaller providers work with independent insurance agents.
For more information, feel free to visit the following helpful articles:
- Five Mistakes to Avoid (Insurance Information Institute)
- Who Has Cheap Greensboro Car Insurance for Drivers with a DUI? (FAQ)
- Who Has the Cheapest Greensboro Car Insurance Rates for College Graduates? (FAQ)
- How Much is Car Insurance for a Dodge Ram in Greensboro? (FAQ)
- What Insurance is Cheapest for a Honda Civic in Greensboro? (FAQ)
- Who Has the Cheapest Greensboro Car Insurance Quotes for Postal Workers? (FAQ)
- Vehicle Insurance in the U.S. (Wikipedia)
- Understanding Your Insurance Deductible (Insurance Information Institute)