Ford Transit Connect Insurance Rates in Lincoln

It’s well known that auto insurance companies don’t want you to look at other companies. People who shop for lower prices are inclined to move their business because they have good chances of finding a more affordable policy. A recent survey revealed that people who compared rates once a year saved about $70 a month as compared to drivers who never shopped around for cheaper prices.

If finding the lowest price on car insurance is your ultimate target, then knowing how to get rate quotes and compare insurance coverage can make it simple to find affordable coverage.

Really, the only way to get affordable Ford Transit Connect insurance in Lincoln is to regularly compare prices from companies who sell auto insurance in Nebraska.

• First, get an understanding of coverages and the factors you can control to keep rates low. Many factors that cause high rates like high-risk driving behaviors and poor credit rating can be remedied by making minor driving habit or lifestyle changes.
• Second, quote rates from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only quote rates from one company like GEICO or State Farm, while independent agencies can provide prices for a wide range of insurance providers.
• Third, compare the price quotes to the price on your current policy and see if you can save money. If you find a better price and decide to switch, make sure there is no lapse in coverage.
• Fourth, provide adequate notice to your current company to cancel your current coverage. Submit a down payment along with a signed application to your new carrier. Once the paperwork is finalized, keep the new proof of insurance paperwork in an easily accessible location.

A valuable tip to remember is to try to use similar limits and deductibles on each quote and and to get rate quotes from every insurance company. This guarantees an apples-to-apples comparison and many rates to choose from.

If you have insurance now or just want to save money, take advantage of these tips to reduce premiums and possibly find even better coverage. This article’s intent is to help you learn the best ways to compare prices and how to save the most money. Drivers only need to know the quickest way to compare price quotes over the internet.

Companies offering Ford Transit Connect insurance in Lincoln

The providers in the list below have been selected to offer comparison quotes in Nebraska. In order to find cheap auto insurance in Nebraska, we suggest you get rates from several of them to get the best price comparison.

Statistics and details

The premium table shown below highlights a range of insurance prices for Ford Transit Connect models. Learning how auto insurance prices are formulated is important to be able to make smart choices when comparing insurance quotes.

Data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Nebraska minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, claim-free, and multi-vehicle. Rate information does not factor in the specific area where the vehicle is garaged which can raise or lower auto insurance rates greatly.

Deductible comparison

When buying auto insurance, a common question is which comprehensive and collision deductibles to buy. The tables below may help you to understand the rate differences of buying low and high insurance deductibles. The first set of rates uses a $100 comprehensive and collision deductible and the second data table uses a $1,000 deductible.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Nebraska minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, multi-vehicle, and homeowner. Price estimates do not factor in specific Lincoln garaging location which can raise or lower rates greatly.

Based on the above data, using a $100 deductible will cost you approximately $29 more each month or $348 each year across all Ford Transit Connect models than selecting the higher $1,000 deductible. Because you would pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you average at a minimum 31 months between claim filings, you would come out ahead if you choose the higher deductible. Below is an example of how this determination is made.

The illustration below demonstrates how deductible levels and can raise or lower Ford Transit Connect insurance prices for each age group. The information is based on a single female driver, comp and collision included, and no discounts are applied to the premium.

Full coverage versus liability-only

The diagram below compares Ford Transit Connect insurance costs when comparing full coverage to liability only. The costs are based on no claims or driving citations, $100 deductibles, single marital status, and no discounts are factored in.

When to drop full coverage

There is no definitive guideline for excluding full coverage on your policy, but there is a general guideline you can use. If the yearly cost for physical damage coverage is 10% or more of the replacement cost of your vehicle minus the policy deductible, then it might be time to buy liability only.

For example, let’s say your Ford Transit Connect settlement value is $6,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled in an accident, the most you would receive is $5,000 after the deductible is paid. If you are paying more than $500 annually for your policy with full coverage, then you might want to think about dropping full coverage.

There are some circumstances where eliminating full coverage is not a good plan. If you haven’t paid off your loan, you have to maintain full coverage in order to satisfy the requirements of the loan. Also, if you don’t have enough money to buy a different vehicle if your current one is damaged, you should keep full coverage on your policy.

Discounts can help lower premiums on Ford Transit Connect insurance in Lincoln

Insuring your vehicles can cost a lot, but you might already qualify for some discounts that many consumers don’t even know exist. Some discounts apply automatically at the time of purchase, but lesser-known reductions have to be specially asked for before you get the savings. If you aren’t receiving every discount available, it’s possible you qualify for a lower rate.

• Anti-theft System – Cars, trucks, and SUVs with anti-theft systems prevent vehicle theft and therefore earn up to a 10% discount.
• Multi-policy Discount – If you can combine your home and auto policy and insure them both with the same insurance company you could get a discount of at least 10 to 15 percent or more.
• Discounts for Federal Employees – Active or former government employment can save as much as 8% depending on your company.
• Early Switch Discount – A few companies allow discounts for switching policies prior to your current Transit Connect insurance policy expiration. You may see this discount when you get Lincoln auto insurance quotes online.
• Good Student – A discount for being a good student can get you a discount of up to 25%. Earning this discount can benefit you up until you turn 25.
• No Claim Discounts – Lincoln drivers who stay claim-free can save substantially when compared with policyholders that have many claims.
• Multiple Vehicles – Having primary and secondary vehicles with the same car insurance company may reduce the rate for each vehicle.
• Lincoln Homeowners Pay Less – Just owning your own home can earn you a little savings because it means you have a higher level of financial diligence.
• Senior Citizens – Seniors may receive a slight reduction on a Lincoln auto insurance quote.

One last thing about discounts, some credits don’t apply to the whole policy. The majority will only reduce the cost of specific coverages such as liability, collision or medical payments. If you do the math and it seems like it’s possible to get free car insurance, nobody gets a free ride.

The illustration below shows the difference between Ford Transit Connect insurance prices with and without discounts applied. The data is based on a male driver, no claims or violations, Nebraska 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, marriage, multi-policy, multi-car, claim-free, and safe-driver discounts applied.

If you would like to view car insurance companies that can offer you the previously mentioned discounts in Lincoln, click this link.

Components of Your Ford Transit Connect Insurance Rates

Smart consumers have a good feel for the factors that are used to determine your insurance rates. When you understand what determines premiums, this allows you to make educated decisions that may reward you with better insurance rates. Lots of things are used when you get your auto insurance bill. Most are fairly basic such as traffic violations, but some are not as apparent such as your credit history and annual miles driven.

The following are a few of the “ingredients” used by companies to determine your rates.

• Insurance rates and your vocation – Did you know that where you work can have an impact on rates? Jobs like military generals, airline pilots, and stock brokers are shown to have higher premium rates because of job stress and long work hours. On the flip side, professions such as farmers, athletes and homemakers generally pay rates lower than average.
• Bad credit hurts insurance premiums – An insured’s credit score will be a significant factor in determining premium rates. Drivers with excellent credit tend to be better risks to insure than drivers with worse credit. If your credit score is low, you could pay less to insure your Ford Transit Connect if you clean up your credit.
• Incidental coverages are wasting money – There are a lot of optional add-on coverages that you can get tricked into buying on your Transit Connect policy. Coverage for things like rental car reimbursement, accident forgiveness, and additional equipment coverage are examples of these. These coverages may sound good at first, but if you have no use for them remove them and pocket the money.
• Avoid policy lapses – Driving without insurance can get your license suspended and insurance companies will penalize you for letting your insurance lapse for non-payment. And not only will your rates increase, not being able to provide proof of insurance could result in a revoked license or a big fine. You may need to submit proof of financial responsibility or a SR-22 with the Nebraska motor vehicle department to get your license reinstated.
• Do you qualify for a multi-policy discount? – Most major insurers provide a discount to insureds who carry more than one policy in the form of a multi-policy discount. The amount of the discounts can be ten or even up to twenty percent in some cases. Even with this discount applied, it’s always a smart idea to comparison shop to help ensure you have the lowest rates.

Don’t I need to get advice from a local insurance agent?

Many people still like to sit down and talk to an agent and that can be a smart move Licensed agents are very good at helping people manage risk and help in the event of a claim. An additional benefit of comparing insurance prices online is that you can obtain the lowest rates and still have an agent to talk to.

By using this short form, the coverage information is sent to companies in Lincoln who will give you bids for your insurance coverage. You don’t have to visit any agencies since price quotes are sent directly to you. If for some reason you want to get a comparison quote for a specific company, you would need to navigate to their website to submit a rate quote request.

Picking an insurance company needs to be determined by more than just a cheap quote. You should also get answers to these questions.

• How many years of experience in personal auto insurance do they have?
• Did they already check your driving record and credit reports?
• How long have they been in business?
• If your car is in the repair shop, do you have coverage for a rental car?
• Do they have 24-hour customer assistance?
• Can they help ensure a fair claim settlement?
• Which insurance companies are they affiliated with?

When narrowing the list to find a local agent, it can be helpful to understand the different types of agents and how they can service your needs differently. Auto insurance policy providers can be categorized as either independent or exclusive depending on the company they work for. Both sell affordable auto insurance policies, but it’s worth learning how they are different since it can affect which type of agent you select.

Exclusive Agencies

These agents can only quote rates from one company and examples are State Farm, AAA, and Liberty Mutual. Exclusive agents cannot compare rates from other companies so keep that in mind. Exclusive insurance agents are well schooled on the products they sell which helps them sell insurance even at higher premiums. Drivers often purchase coverage from exclusives partially due to high brand loyalty rather than having the cheapest rates.

Shown below is a short list of exclusive agencies in Lincoln that can give you price quote information.

• American Family Insurance – Ben Bolte Agency Inc
  5815 S 58th St Ste A – Lincoln, NE 68516 – (402) 441-4222 – View Map
• John Curry – State Farm Insurance Agent
  4640 Champlain Dr #121 – Lincoln, NE 68521 – (402) 477-8383 – View Map
• American Family Insurance – James L. Brown Agency Inc
  4500 Cornhusker Hwy Ste 1 – Lincoln, NE 68504 – (402) 465-0748 – View Map

More insurance agents

Independent Agents (or Brokers)

Agents in the independent channel often have affiliation with several companies so they have the ability to put coverage with many different companies and get you the best rates possible. If premiums increase, your agent can just switch to a different company and you stay with the same agent. When shopping rates, you will want to get quotes from at least one independent agent in order to compare the most rates. Many can place coverage with smaller regional carriers that can offer cheaper rates than bigger companies.

Listed below is a short list of independent agents in Lincoln willing to provide rate quotes.

• Advantage Insurance Agency
  505 N 27th St #2 – Lincoln, NE 68503 – (402) 484-5454 – View Map
• Davidson Insurance
  5101 N 27th St – Lincoln, NE 68521 – (402) 465-1167 – View Map
• Barney Insurance-Lincoln
  701 N 48th St – Lincoln, NE 68504 – (402) 467-4633 – View Map

More insurance agents

Nebraska car insurance companies ranked

Finding a good quality car insurance provider can be challenging considering how many choices drivers have in Nebraska. The ranking information in the lists below may help you select which insurers to look at putting your business with.

Top 10 Lincoln Car Insurance Companies Ranked by Claims Service

1. Progressive
2. Travelers
3. Liberty Mutual
4. Nationwide
5. USAA
6. AAA Insurance
7. Safeco Insurance
8. GEICO
9. Esurance
10. The General

Top 10 Lincoln Car Insurance Companies Ranked by Value

1. USAA
2. GEICO
3. AAA Insurance
4. Liberty Mutual
5. State Farm
6. Allstate
7. Safeco Insurance
8. Travelers
9. 21st Century
10. Nationwide

What is YOUR best insurance company?

Insureds change insurance companies for a variety of reasons including high prices, delays in responding to claim requests, an unsatisfactory settlement offer or delays in paying claims. Whatever your reason, switching car insurance companies is less work than it seems.

Cheaper Ford Transit Connect insurance in Lincoln is possible online in addition to local insurance agencies, and you need to comparison shop both so you have a total pricing picture. A few companies may not provide the ability to get quotes online and these smaller providers only sell coverage through independent agents.

Throughout this article, we presented a lot of tips how to save on Ford Transit Connect insurance in Lincoln. The most important thing to understand is the more times you quote, the higher the chance of saving money. You may even find the best prices are with a company that doesn’t do a lot of advertising.

More resources

• Understanding Rental Car Insurance (Insurance Information Institute)
• Who Has Cheap Lincoln Car Insurance Quotes for a Ford Fusion? (FAQ)
• Who Has the Cheapest Lincoln Auto Insurance for a Chevrolet Equinox? (FAQ)
• How Much are Lincoln Auto Insurance Quotes for Good Drivers? (FAQ)
• Who Has Cheap Auto Insurance Rates for Homeowners in Lincoln? (FAQ)
• Keeping Children Safe in Crashes Video (iihs.org)
• Bodily Injury Coverage (Liberty Mutual)