If saving the most money is your goal, then the best way to get the cheapest Ford Transit Connect insurance in Las Vegas is to do a yearly price comparison from different companies who sell insurance in Nevada. Drivers can shop around by following these guidelines.
- Gain an understanding of how companies set rates and the changes you can make to drop your rates. Many policy risk factors that increase rates such as traffic violations and a poor credit rating can be eliminated by making minor driving habit or lifestyle changes. This article gives more ideas to find cheap rates and get bigger discounts.
- Compare price quotes from direct, independent, and exclusive agents. Exclusive agents and direct companies can only give rate quotes from one company like GEICO and State Farm, while agents who are independent can quote rates from multiple sources.
- Compare the new rate quotes to your existing coverage to see if switching to a new carrier will save money. If you find better rates and decide to switch, make sure the effective date of the new policy is the same as the expiration date of the old one.
The most important part of this process is to make sure you enter similar limits and deductibles on each price quote and and to get price estimates from as many different insurance providers as possible. This ensures an apples-to-apples comparison and a good representation of prices.
It’s safe to conclude that auto insurance companies want to keep you from comparing prices. People who compare other prices are highly likely to buy a different policy because the odds are good of finding a cheaper policy. A recent auto insurance study revealed that consumers who make a habit of shopping around saved on average $865 a year as compared to drivers who never shopped around for cheaper prices.
If finding low prices for insurance in Las Vegas is your target objective, then having some knowledge of how to compare insurance can save time, money, and frustration.
The fastest way that we advise to compare rates for Ford Transit Connect insurance in Las Vegas is to know the fact most insurance companies allow for online access to compare rate quotes. All you need to do is give them rating details including if you are currently licensed, how you use your vehicles, if it has an alarm system, and marital status. Your insurance information gets transmitted to multiple auto insurance providers and they return rate quotes quickly.
To find the cheapest car insurance rates, click here and see if a lower rate is available in Las Vegas.
The companies shown below are our best choices to provide free quotes in Nevada. If multiple companies are listed, we recommend you click on several of them to get a more complete price comparison.
Car insurance policy discounts for Ford Transit Connect insurance in Las Vegas
The price of auto insurance can be rather high, but companies offer discounts that can drop the cost substantially. Many of these discounts will be applied automatically at quote time, but occasionally some discounts must be specially asked for before being credited.
- Discount for Life Insurance – Some car insurance companies give better rates if you take out auto and life insurance together.
- Seat Belt Discounts – Requiring all passengers to use a seat belt could cut 10% or more off the personal injury premium cost.
- Accident-Free Discounts – Insureds with no claims or accidents can save substantially in comparison with drivers who are more careless.
- Telematics Devices – Drivers that enable data collection to monitor where and when they drive by using a telematic data system such as Snapshot from Progressive or Drivewise from Allstate could see a rate decrease if they show good driving skills.
- Accident Waiver – This one isn’t a discount, but a handful of insurance companies will let one accident slide without getting socked with a rate hike if your claims history is clear for a particular time prior to the accident.
- Senior Citizens – Drivers over the age of 55 are able to get reduced rates.
- E-sign – Some of the larger companies may give you up to $50 for buying your policy on their website.
Consumers should know that some credits don’t apply to all coverage premiums. Most only apply to specific coverage prices like collision or personal injury protection. Even though it appears having all the discounts means you get insurance for free, you’re out of luck.
The diagram below illustrates the difference between Ford Transit Connect auto insurance costs with and without some available policy discounts. The premiums are based on a male driver, no driving violations, no at-fault accidents, Nevada state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, safe-driver, marriage, multi-car, homeowner, and claim-free discounts applied.
Popular car insurance companies and their possible discounts are shown below.
- Progressive policyholders can earn discounts including multi-policy, online signing, good student, continuous coverage, multi-vehicle, and homeowner.
- Farmers Insurance may offer discounts for good student, multi-car, switch companies, homeowner, business and professional, and bundle discounts.
- Farm Bureau has discounts for driver training, safe driver, multi-vehicle, multi-policy, youthful driver, and good student.
- State Farm has savings for safe vehicle, accident-free, multiple autos, Steer Clear safe driver discount, student away at school, driver’s education, and anti-theft.
- GEICO may include discounts for military active duty, defensive driver, five-year accident-free, emergency military deployment, and federal employee.
- SAFECO offers premium reductions for anti-theft, bundle discounts, multi-car, teen safety rewards, homeowner, and accident prevention training.
- Liberty Mutual includes discounts for exclusive group savings, preferred payment discount, newly retired, teen driver discount, safety features, hybrid vehicle, and multi-policy.
When comparing rates, check with all companies you are considering how many discounts you can get. Some credits might not apply in Las Vegas.
Insurance coverage analysis
The table shown below covers estimates of coverage prices for Ford Transit Connect models. Learning as much as possible about how auto insurance premiums are formulated can benefit drivers when making decisions on which coverage to buy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Transit Connect XL 2WD||$200||$454||$400||$24||$120||$1,198||$100|
|Transit Connect XLT 2WD||$200||$454||$400||$24||$120||$1,198||$100|
|Get Your Own Custom Quote Go|
Table data represents single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Nevada minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, claim-free, and multi-policy. Price estimates do not factor in specific location information which can change premiums considerably.
The information below demonstrates how deductible levels and can affect Ford Transit Connect insurance costs for different categories of driver ages. The prices are based on a single male driver, comp and collision included, and no policy discounts are applied.
Impact of citations and accidents on insurance rates
The information below highlights how traffic violations and accident claims impact Ford Transit Connect insurance prices for different ages of insureds. The premiums are based on a single female driver, full coverage, $250 deductibles, and no other discounts are factored in.
Auto insurance rates by gender and age
The illustration below compares Ford Transit Connect annual premium costs for male and female drivers. Data assumes no violations or claims, comprehensive and collision coverage, $500 deductibles, marital status is single, and no discounts are applied to the premium.
Ford Transit Connect full coverage rates compared to liability only
The diagram below illustrates the difference between Ford Transit Connect auto insurance costs with and without full coverage. The rates are based on no driving violations, no at-fault accidents, $250 deductibles, drivers are not married, and no other discounts are factored in.
Guidelines for dropping full coverage
There is no definitive formula to eliminate comp and collision coverage, but there is a general guideline you can use. If the yearly cost of comp and collision coverage is more than about 10% of the vehicle’s replacement cost less your deductible, then it’s probably a good time to buy liability coverage only.
For example, let’s pretend your Ford Transit Connect replacement cost is $4,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $3,000 after paying your deductible. If you are currently paying more than $300 annually for comprehensive and collision coverage, then you may want to consider only buying liability coverage.
There are some cases where dropping physical damage coverage is not financially feasible. If you haven’t paid off your loan, you are required to maintain full coverage in order to prevent your loan from defaulting. Also, if your emergency fund is not enough to purchase a different vehicle in the even your car is totaled, you should not drop full coverage.
Are auto insurance agents of importance?
Some people would rather sit down and talk to an agent and doing that can be a smart decision A nice benefit of comparing car insurance online is the fact that you can find lower premium rates and also buy local. And providing support for local agencies is important particularly in Las Vegas.
After completing this simple form, your insurance coverage information is immediately sent to participating agents in Las Vegas who will give you bids for your business. There is no reason to search for an agent since price quotes are sent to you. You can find the lowest rates and an insurance agent to talk to. If you need to get a comparison quote for a specific company, you can always navigate to their website and complete a quote there.
Finding a good provider requires you to look at more than just the price. Some important questions to ask are:
- Can they help ensure a fair claim settlement?
- Do they feel the quoted coverages are adequate?
- How long has their agency been in business in Las Vegas?
- Does the agency have a positive business rating?
- Does the company have a local claim office in Las Vegas?
- What are their preferred companies if they are an independent agency?
Your situation helps dictate your coverage
Always remember that when buying your policy, there really is not a perfect coverage plan. Everyone’s needs are different.
Here are some questions about coverages that might point out whether your personal situation may require specific advice.
- Is my business laptop covered if it gets stolen from my vehicle?
- Which companies will insure high-risk drivers?
- Is my teen driver covered when they drive my company car?
- When should I not file a claim?
- What does UM/UIM cover?
- Why am I required to get a high-risk car insurance policy?
If you can’t answer these questions then you might want to talk to an agent. If you want to speak to an agent in your area, fill out this quick form.
Insurance is not optional in Nevada
Even though Las Vegas Transit Connect insurance rates can get expensive, insurance is required by state law in Nevada and it also provides benefits you may not be aware of.
- Just about all states have mandatory insurance requirements which means state laws require a minimum amount of liability insurance coverage in order to be legal. In Nevada these limits are 15/30/10 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you have a lien on your Ford Transit Connect, it’s most likely the lender will stipulate that you have insurance to ensure they get paid if you total the vehicle. If you do not keep the policy in force, the lender will be forced to insure your Ford for a lot more money and force you to pay the higher price.
- Insurance protects both your assets and your Ford Transit Connect. It also can pay for medical expenses for you, any passengers, and anyone injured in an accident. Liability insurance, one of your policy coverages, also covers legal expenses if you cause an accident and are sued. If your car is damaged in a storm or accident, comprehensive and/or collision insurance will pay to restore your vehicle to like-new condition.
The benefits of carrying enough insurance are without a doubt worth the cost, especially if you ever need it. According to a 2015 survey, the average American driver is overpaying over $825 a year so we recommend shopping around every year to ensure rates are inline.
Coverages available on your insurance policy
Learning about specific coverages of your insurance policy aids in choosing which coverages you need and proper limits and deductibles. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording.
Medical expense insurance
Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses for things like doctor visits, hospital visits, X-ray expenses and prosthetic devices. They can be used in conjunction with a health insurance program or if there is no health insurance coverage. They cover both the driver and occupants in addition to getting struck while a pedestrian. PIP coverage is not available in all states and may carry a deductible
Comprehensive (Other than Collision)
Comprehensive insurance coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive can pay for claims such as rock chips in glass, vandalism, damage from getting keyed and a broken windshield. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.
Liability coverage protects you from damage that occurs to other’s property or people. This coverage protects you from claims by other people. Liability doesn’t cover damage to your own property or vehicle.
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 15/30/10 which stand for a limit of $15,000 per injured person, a limit of $30,000 in injury protection per accident, and property damage coverage for $10,000. Occasionally you may see a combined single limit or CSL which combines the three limits into one amount without having the split limit caps.
Liability can pay for things such as pain and suffering, repair costs for stationary objects, structural damage, legal defense fees and medical services. The amount of liability coverage you purchase is your choice, but you should buy as high a limit as you can afford. Nevada state law requires minimum liability limits of 15/30/10 but drivers should carry more coverage.
The chart below demonstrates why low liability limits may not be adequate coverage.
Protection from uninsured/underinsured drivers
This protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants and damage to your Ford Transit Connect.
Because many people carry very low liability coverage limits (15/30/10 in Nevada), their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family. Frequently the UM/UIM limits do not exceed the liability coverage limits.
Coverage for collisions
This coverage pays for damage to your Transit Connect resulting from a collision with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.
Collision insurance covers claims such as colliding with another moving vehicle, hitting a mailbox, damaging your car on a curb and rolling your car. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. Another option is to choose a higher deductible on your Transit Connect in order to get cheaper collision rates.
How to find a good Las Vegas auto insurance company
Selecting a good quality auto insurance provider can be a challenge considering how many choices there are in Nevada. The company ratings listed below could help you decide which coverage providers to look at shopping prices with.
Top 10 Las Vegas Car Insurance Companies Ranked by Claims Service
- State Farm
- AAA Insurance
- Liberty Mutual
- Titan Insurance
- The Hartford
- Mercury Insurance
Top 10 Las Vegas Car Insurance Companies Overall
- American Family
- State Farm
- The Hartford
- AAA Insurance
- The General
- Titan Insurance
- Mercury Insurance
Persistence pays off
Low-cost Ford Transit Connect insurance in Las Vegas is available both online and from local insurance agents, and you should compare price quotes from both in order to have the best price selection to choose from. Some insurance companies do not offer online price quotes and most of the time these smaller providers only sell coverage through independent agencies.
In this article, we presented many ideas to find affordable Ford Transit Connect insurance in Las Vegas. It’s most important to understand that the more quotes you get, the better your comparison will be. Drivers may even discover the most savings is with a company that doesn’t do a lot of advertising.
Drivers leave their current company for any number of reasons including an unsatisfactory settlement offer, delays in paying claims, not issuing a premium refund and even poor customer service. Regardless of your reason for switching companies, finding a great new company is not as hard as you think.
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