Auto Insurance Quotes for a Ford Transit Connect in Lubbock

It’s an obvious assumption that car insurance companies want to keep your business as long as possible. People who compare other prices are likely to switch to a new company because there is a great chance of finding a lower rate. Remarkably, a study showed that drivers who regularly shopped around saved approximately $72 a month compared to drivers who never compared prices.

If finding the cheapest rates on Ford Transit Connect insurance is your objective, then having an understanding of how to find companies and compare coverages can save money and time.

If you want to save money, the best way to get affordable Ford Transit Connect insurance in Lubbock is to annually compare prices from insurance carriers who sell insurance in Texas. You can compare rates by following these guidelines.

1. Try to understand how auto insurance works and the measures you can control to prevent high rates. Many risk factors that result in higher prices such as multiple speeding tickets and a less-than-favorable credit history can be eliminated by making minor changes in your lifestyle.
2. Request rate estimates from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only give rate quotes from a single company like GEICO or State Farm, while agents who are independent can provide price quotes for a wide range of insurance providers.
3. Compare the new rates to your current policy premium and determine if cheaper Transit Connect coverage is available. If you find a better price and make a switch, make sure there is no coverage gap between policies.

An important part of this process is to make sure you’re comparing the same deductibles and limits on every quote request and and to analyze as many carriers as you can. This provides a level playing field and a thorough selection of prices.

If you currently have insurance, you should be able to save money using the following tips. Buying the cheapest insurance in Lubbock seems hard but is not really that difficult. But Texas car owners need to learn how the larger insurance companies market insurance on the web and use it to your advantage.

Companies offering Ford Transit Connect insurance in Texas

The auto insurance companies shown below are our best choices to provide free rate quotes in Texas. If your goal is to find the cheapest car insurance in Lubbock, we recommend you visit as many as you can in order to get a fair rate comparison.

Ford Transit Connect insurance statistics and information

The table below outlines estimates of insurance costs for Ford Transit Connect models. Understanding more about how prices are established can be valuable when making informed decisions when comparing rate quotes.

Data variables include single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, multi-vehicle, and homeowner. Rate quotes do not factor in specific Lubbock garaging location which can lower or raise coverage rates considerably.

Where to set your deductibles

One common question asked by Lubbock drivers is how high should the deductibles for physical damage be. The comparison tables below approximate the differences in price between high and low deductibles. The first rate quote example uses a $250 deductible for comp and collision and the second price table uses a $1,000 deductible.

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, homeowner, and safe-driver. Prices do not factor in Lubbock location which can decrease or increase insurance rates greatly.

Using the premium rates above, we can conclude that using a $250 deductible costs about $26 more each month or $312 for a full year averaged for all Transit Connect models than selecting the higher $1,000 deductible. Since the policyholder would be required to pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you normally go at least 29 months between claim filings, you would come out ahead by selecting a higher deductible.

Ford Transit Connect liability rates compared to full coverage

The information below shows the comparison of Ford Transit Connect auto insurance costs with full physical damage coverage compared to only buying liability only. The data is based on a clean driving record, no at-fault accidents, $100 deductibles, drivers are not married, and no discounts are factored in.

Guidelines for dropping full coverage

There is no specific rule that works best for making the decision to drop comprehensive and collision coverage on your policy, but there is a guideline you can use. If the yearly cost of comp and collision coverage is more than 10% of the settlement you would receive from your company, then you may need to consider dropping full coverage.

For example, let’s say your Ford Transit Connect replacement cost is $6,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, the most you would receive is $5,000 after paying your policy deductible. If you are currently paying more than $500 a year for full coverage, then you might want to consider buying only liability coverage.

There are some scenarios where eliminating full coverage is not recommended. If you still have a loan on your vehicle, you must maintain physical damage coverage in order to keep 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 in place.

Determine discounts to get cheap Lubbock insurance quotes

Insurance is not inexpensive, but you can get discounts to help bring down the price. A few discounts will be applied at the time of purchase, but occasionally some discounts must be manually applied before they will apply.

• Sign Online – A handful of companies may give you up to $50 for completing your application on the web.
• No Claims – Good drivers with no accidents are rewarded with significantly better rates on Lubbock auto insurance quote in comparison to policyholders that have many claims.
• Telematics Devices – Policyholders that allow data collection to scrutinize where and when they drive by using a telematics device in their vehicle such as State Farm’s In-Drive could save a few bucks if their driving habits are good.
• Policy Bundle Discount – If you combine your home and auto policies and insure them both with the same insurance company you could get a discount of nearly 15% which can help you find the cheapest Ford Transit Connect insurance in Lubbock.
• Good Grades Discount – Getting good grades can get you a discount of up to 25%. This discount can apply up to age 25.
• Multi-Vehicle Discounts – Purchasing coverage when you have more than one vehicle with the same insurance company could earn a price break for each car.

You should keep in mind that some of the credits will not apply to your bottom line cost. Most only apply to specific coverage prices like liability, collision or medical payments. Despite the fact that it seems like you can get free auto insurance, that’s just not realistic. Any amount of discount will definitely lower your overall premium however.

The example below shows the comparison of Ford Transit Connect insurance costs with and without some available policy discounts. The premiums are based on a male driver, no claims or violations, Texas state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, multi-car, marriage, claim-free, homeowner, and safe-driver discounts applied.

Large insurance companies and a partial list of their discounts can be read below.

• GEICO includes discounts for anti-theft, driver training, multi-policy, anti-lock brakes, membership and employees, and good student.
• Travelers has discounts for continuous insurance, save driver, home ownership, new car, good student, and hybrid/electric vehicle.
• Nationwide may offer discounts for business or organization, defensive driving, good student, multi-policy, Farm Bureau membership, and accident-free.
• Farmers Insurance has savings for switch companies, business and professional, alternative fuel, bundle discounts, and distant student.
• Esurance policyholders can earn discounts including multi-policy, safety device, homeowner, Switch & Save, and claim free.
• State Farm offers discounts for passive restraint, defensive driving training, good student, driver’s education, student away at school, and accident-free.
• Progressive may have discounts that include multi-policy, homeowner, continuous coverage, good student, multi-vehicle, and online signing.
• Mercury Insurance may include discounts for good student, type of vehicle, good driver, location of vehicle, and professional/association.

Before you buy a policy, ask all the companies how you can save money. Some of the earlier mentioned discounts may not apply to policyholders in your state. To see a list of insurance companies that offer multiple discounts in Texas, click here to view.

Insurance agencies are professional risk managers

Some consumers just prefer to go talk to an agent and there is nothing wrong with that. One of the best bonuses of getting online price quotes is that you can obtain better rates and still have an agent to talk to. Buying from and supporting local insurance agents is especially important in Lubbock.

Once you complete this form (opens in new window), your coverage information is emailed to insurance agents in Lubbock that can provide free Lubbock auto insurance quotes for your car insurance coverage. It makes it easy because there is no need to find an agent on your own since rate quotes are delivered to you directly. You can find better rates without the usual hassles of price shopping. In the event you want to compare prices from a specific car insurance provider, you can always go to their quote page and fill out their quote form.

If you are wanting to purchase car insurance from a reliable insurance agent, you need to know there are two types of insurance agents from which to choose. Car insurance policy providers are either exclusive agents or independent agents.

Independent Car Insurance Agencies

Agents that choose to be independent do not have single company limitations so as a result can place your coverage with any number of different companies depending on which coverage is best. If you are not satisfied with one company, they can switch companies in-house without you having to go to a different agency.

When shopping rates, you will want to include price quotes from at least one independent agent for maximum quote selection.

Below is a list of independent agents in Lubbock who may be able to give you price quote information.

View more agents

Exclusive Insurance Agents

Exclusive agents write business for a single company like AAA, Allstate, and State Farm. They usually cannot shop your coverage around so you need to shop around if the rates are high. Exclusive agencies are usually quite knowledgeable on what they offer which helps them compete with independent agents.

Listed below is a short list of exclusive agencies in Lubbock willing to provide price quotes.

View more agents

Choosing the best auto insurance agent requires more thought than just the premium amount. A good agent in Lubbock will have answers to these questions.

• Is auto insurance their primary focus in Lubbock?
• Do they have a Better Business Bureau rating in Lubbock?
• If your car is in the repair shop, do you have coverage for a rental car?
• Is there a local claims center in Lubbock?
• How long has the business existed?
• Are they able to provide referrals?

Which is the best insurance?

When buying the best insurance coverage, there isn’t really a best way to insure your cars. You are unique so this has to be addressed.
For instance, these questions may help highlight whether your personal situation might need professional guidance.

• Will damage be repaired with OEM parts?
• Do I need roadside assistance coverage?
• Can I rate high risk drivers on liability-only vehicles?
• Am I covered when driving on a suspended license?
• I have a DUI can I still get coverage?
• If my Ford Transit Connect is totaled, can I afford another vehicle?
• When should my teen driver be added to my policy?

If you’re not sure about those questions but you know they apply to you, you may need to chat with a licensed insurance agent. If you don’t have a local agent, simply complete this short form or you can go here for a list of companies in your area.

Car insurance policy coverages for a Ford Transit Connect

Having a good grasp of a car insurance policy helps when choosing the best coverages and proper limits and deductibles. Policy terminology can be difficult to understand and reading a policy is terribly boring. Shown next are the usual coverages found on most car insurance policies.

Liability insurance

This coverage can cover damages or injuries you inflict on other’s property or people by causing an accident. It protects you from legal claims by others. Liability doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 30/60/25 which stand for $30,000 bodily injury coverage, a per accident bodily injury limit of $60,000, and $25,000 of coverage for damaged property. Alternatively, you may have one number which is a combined single limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability can pay for things such as funeral expenses, structural damage and medical services. How much coverage you buy is your choice, but you should buy as much as you can afford. Texas requires minimum liability limits of 30/60/25 but you should think about purchasing higher limits.

The next chart shows why low liability limits may not be high enough to adequately cover claims.

Uninsured and underinsured coverage

This coverage provides protection when the “other guys” do not carry enough liability coverage. Covered losses include medical payments for you and your occupants and also any damage incurred to your Ford Transit Connect.

Since many Texas drivers only purchase the least amount of liability that is required (30/60/25), it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important. Frequently the UM/UIM limits are identical to your policy’s liability coverage.

Comprehensive coverages

This will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things such as fire damage, damage from getting keyed, a tree branch falling on your vehicle, a broken windshield and damage from flooding. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Coverage for medical payments

Coverage for medical payments and/or PIP provide coverage for immediate expenses such as prosthetic devices, dental work, ambulance fees and doctor visits. They are used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. PIP coverage is only offered in select states and may carry a deductible

Collision coverage

This coverage pays for damage to your Transit Connect resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision insurance covers claims such as driving through your garage door, rolling your car and backing into a parked car. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible on your Transit Connect to get cheaper collision coverage.

Final considerations

We just covered many ways to get a better price on Ford Transit Connect insurance in Lubbock. The key concept to understand is the more quotes you get, the better likelihood of getting affordable Lubbock auto insurance quotes. You may even find the biggest savings come from some of the smallest insurance companies. These companies may often insure only within specific states and give better rates than their larger competitors like GEICO and State Farm.

As you shop your coverage around, don’t be tempted to buy poor coverage just to save money. In too many instances, drivers have reduced full coverage and learned later that a couple dollars of savings turned into a financial nightmare. Your goal should be to buy enough coverage at an affordable rate, but don’t skip important coverages to save money.

Additional information can be read at these links:

• New head restraint design cuts injuries (Insurance Institute for Highway Safety)
• How Much is Lubbock Car Insurance for Uber Drivers? (FAQ)
• Who Has the Cheapest Auto Insurance for 16 Year Olds in Lubbock? (FAQ)
• Who Has the Cheapest Car Insurance Rates for Drivers Over Age 50 in Lubbock? (FAQ)
• What Insurance is Cheapest for Drivers with a Bad Driving Record in Lubbock? (FAQ)
• How Much is Car Insurance for Low Income Drivers in Lubbock? (FAQ)
• Senior Drivers (Insurance Information Institute)
• Driving in Bad Weather (Insurance Information Institute)
• Coverage Information (Progressive Insurance)
• Things to Know Before you Cancel Insurance (Allstate)