Ford Transit Connect Insurance Rates in Cincinnati

Amazingly, the vast majority of insurance customers have stayed with the same insurance company for more than four years, and approximately 40% of consumers have never compared rates with other companies. The average driver in Ohio can cut their rates by nearly $729 a year, but they underestimate how much savings they would realize if they swap their current policy for a cheaper one.

The recommended way to find cheaper auto insurance rates in Cincinnati is to compare prices annually from insurance carriers who provide auto insurance in Ohio. You can shop around by following these steps.

• Step 1: Spend some time learning about auto insurance and the steps you can take to prevent expensive coverage. Many factors that cause high rates like multiple speeding tickets and a less-than-favorable credit score can be improved by making lifestyle changes or driving safer.
• Step 2: Request rate estimates from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can give quotes from a single company like Progressive and State Farm, while independent agencies can quote prices from multiple sources. Find a Cincinnati insurance agent
• Step 3: Compare the price quotes to your current policy premium and determine if there is any savings. If you find better rates and switch companies, ensure there is no coverage lapse between policies.
• Step 4: Give proper notification to your current agent or company of your intention to cancel your existing policy and submit a signed application and payment for the new policy. As soon as you can, put the certificate of insurance with the vehicle registration.

One tip to remember is that you use similar limits and deductibles on every price quote and and to get rate quotes from as many companies as you can. Doing this provides the most accurate price comparison and the best rate selection.

Cheap Ford insurance price quotes in Cincinnati

The car insurance companies shown below offer free quotes in Ohio. If you want to find the best auto insurance in Cincinnati, OH, we recommend you compare several of them to get the best price comparison.

Detailed insurance information

The coverage information displayed below showcases a range of coverage costs for Ford Transit Connect models. Having a good grasp of how prices are established can help drivers make informed decisions when comparing rate quotes.

Prices above based on single male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Ohio minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, multi-vehicle, and safe-driver. Rate quotes do not factor in Cincinnati location which can modify coverage prices substantially.

Physical damage deductibles

One of the hardest decisions when shopping for insurance is how high should the physical damage deductibles be. The comparison tables below can help illustrate the price difference when you choose different comp and collision deductibles. The first rate table uses a $250 deductible and the second rate table uses a $500 deductible.

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, claim-free, and multi-vehicle. Information does not factor in garaging location in Cincinnati which can change auto insurance rates noticeably.

We can derive from the above data that using a $250 deductible costs about $9 more each month or $108 annually than buying the higher $500 deductible. Because you would pay $250 more if you turn in a claim with a $500 deductible as compared to a $250 deductible, if you have more than 28 months between claim filings, you would more than likely save some money if you choose the higher deductible. Here’s how we made this calculation.

One important note is that a higher deductible results in having to pay to pay more out-of-pocket when you do file a claim. That will require enough disposable income in the event you have to pay more for the deductible.

The illustration below illustrates how choosing a deductible and can impact Ford Transit Connect annual premium costs for different categories of driver ages. The premiums are based on a married male driver, full coverage, and no additional discounts are factored in.

Insurance premiums by gender

The chart below shows the comparison of Ford Transit Connect auto insurance rates for male and female drivers. The premium estimates are based on no driving violations, no at-fault accidents, comp and collision included, $1,000 deductibles, single status, and no discounts are factored in.

Full coverage rates vs. liability-only in Cincinnati

The chart below shows the difference between Ford Transit Connect insurance rates with liability coverage only compared to full coverage. The data is based on a clean driving record, no at-fault accidents, $250 deductibles, single marital status, and no discounts are factored in.

When to switch to liability coverage only

There is no definitive formula to delete full coverage, but there is a general school of thought. If the annual cost of comprehensive and collision coverage is more than around 10% of the vehicle’s replacement cost less your deductible, then you may want to consider only buying liability coverage.

For example, let’s say your Ford Transit Connect book value is $5,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most you would receive is $4,000 after paying your policy deductible. If premium cost is more than $400 annually for comprehensive and collision coverage, then it might be time to buy liability only.

There are some scenarios where eliminating full coverage is not financially feasible. If you have an outstanding loan on your vehicle, you are required to maintain full coverage in order to keep the loan. Also, if you cannot afford to purchase a different vehicle in the event your current vehicle is totaled, you should keep full coverage.

You may qualify for discounts for Ford Transit Connect insurance in Cincinnati

Car insurance is easily one of your largest bills, but you might find some hidden discounts that can help lower your rates. Certain discounts will be triggered automatically when you purchase, but some discounts are required to be requested specifically before being credited. If they aren’t giving you every credit you qualify for, you are throwing money away.

• Bundle and Save – When you have multiple policies and insure them with the same company you may earn over 10 percent off each policy depending on the company.
• Discount for Passive Restraints – Vehicles with factory air bags can get savings of 20% or more.
• Government Employees – Being employed by or retired from a federal job could cut as much as 10% off with select insurance companies.
• Multi-line Discount – Some insurance carriers give a small discount if you purchase auto and life insurance together.
• Military Deployment Discount – Being on active deployment in the military can result in better premium rates.
• Discounts for New Vehicles – Buying a new car instead of a used Transit Connect is cheaper since newer models have better safety ratings.
• Student Discount for Driver Training – Require your teen driver to take driver’s ed class as it can save substantially.

A quick disclaimer, many deductions do not apply to your bottom line cost. Most only cut the cost of specific coverages such as liability, collision or medical payments. Even though it may seem like it’s possible to get free car insurance, companies don’t profit that way.

The information below compares Ford Transit Connect insurance costs with and without policy discounts. The premiums assume a male driver, a clean driving record, no at-fault accidents, Ohio state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, multi-policy, homeowner, claim-free, safe-driver, and marriage discounts applied.

Large car insurance companies and their possible discounts are outlined below.

• Mercury Insurance offers discounts for accident-free, annual mileage, age of vehicle, anti-theft, and type of vehicle.
• Farmers Insurance has savings for early shopping, business and professional, multi-car, alternative fuel, mature driver, and homeowner.
• Farm Bureau includes discounts for driver training, good student, youthful driver, multi-policy, and renewal discount.
• State Farm may have discounts that include passive restraint, driver’s education, Steer Clear safe driver discount, multiple autos, student away at school, defensive driving training, and accident-free.
• Allstate may offer discounts for good student, eSmart discount, anti-theft, multi-policy, senior citizen, and anti-lock brakes.
• GEICO has discounts for daytime running lights, federal employee, air bags, driver training, multi-vehicle, defensive driver, and anti-theft.

When quoting, ask each company to apply every possible discount. Some of the discounts discussed earlier might not be offered on policies in Cincinnati.

What Affects Ford Transit Connect Insurance Costs?

The best way to find cheaper auto insurance is to take a look at some of the things that aid in calculating the rates you pay for auto insurance. If you have some idea of what influences your rates, this helps enable you to make changes that will entitle you to lower rates. Lots of factors are part of the calculation when you get a price on insurance. Some are obvious like a motor vehicle report, but other criteria are not quite as obvious like your vehicle usage or how safe your car is.

• Use one insurance company and save – Many auto insurance companies provide discounts to customers who consolidate policies with them such as combining an auto and homeowners policy. The discount can be as much as ten percent or more Even if you already get this discount, it’s in your best interest to comparison shop to ensure the best deal. It’s possible to still save more without the discount even if you insure with multiple companies
• Less chance of injury means lower rates – Vehicles that have high safety ratings are cheaper to insure. These vehicles have better occupant injury protection and lower rates of occupant injuries means less claims paid passed on to you as lower rates. If your Ford Transit Connect has ratings of a minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org you are probably receiving a discount.
• Single drivers take more risk – Being married helps lower the price compared to being single. Marriage generally demonstrates drivers are more financially stable and statistics prove drivers who are married file infrequent claims.

• Performance makes a difference – The performance of the car you need insurance for makes a huge difference in your car insurance bill. The best insurance prices will normally be found when insuring economy passenger cars, but that’s not the only thing that factors into the final price.

  The chart below uses these variables: married female driver age 20, full coverage with $1000 deductibles, and no discounts or violations. It illustrates Ford Transit Connect insurance premiums compared to other makes and models that have different performance rating factors.

• Drive less and save – The higher the miles on your Ford each year the more you will pay for auto insurance. Almost all companies rate vehicles based upon how the vehicle is primarily used. Vehicles not used for work or commuting qualify for better rates than vehicles that have high annual mileage. Make sure your auto insurance policy shows the correct usage. Incorrect rating for your Transit Connect is just wasting money.

When to have guidance from an agent

Some people still like to visit with an insurance agent and we recommend doing that One of the great benefits of comparing car insurance online is that drivers can save money and get better rates but still work with a licensed agent. Putting coverage with local agencies is especially important in Cincinnati.

To help locate an agent, after submitting this form (opens in new window), your coverage information gets sent to local insurance agents in Cincinnati that can provide free Cincinnati car insurance quotes for your car insurance coverage. There is no reason to find an agent on your own because prices are sent to the email address you provide. You can find lower rates without the usual hassles of price shopping. If you have a need to compare rates from a specific company, you can always navigate to their website to submit a rate quote request.

Different types of auto insurance agents in Cincinnati

If you would like to find a local insurance agency, it’s helpful to know the types of agencies to choose from. Cincinnati agents are classified as either independent (non-exclusive) or exclusive.

Independent Car Insurance Agencies

Independent agencies do not sell for just one brand so they have the ability to put coverage with a variety of different insurance companies depending on which coverage is best. If you are not satisfied with one company, they can switch companies in-house which requires no work on your part.

When comparing rate quotes, you need to get insurance quotes from several independent agencies so that you have a good selection of quotes to compare.

Below is a list of independent insurance agents in Cincinnati that can possibly get you free car insurance rate quotes.

More Cincinnati agents

Exclusive Agents

These agents can only place business with one company such as Farmers Insurance, State Farm, or Allstate. These agents are unable to compare other company’s rates so it’s a take it or leave it situation. Exclusive agencies receive a lot of sales training on the products they sell and that enables them to sell even at higher rates.

Listed below is a short list of exclusive agencies in Cincinnati willing to provide price quote information.

More Cincinnati agents

Picking a car insurance agent should include more criteria than just a cheap price quote. Ask your prospective agent these questions:

• Does the agency have a good rating with the Better Business Bureau?
• Which members of your family are coverage by the policy?
• How long has the business existed?
• What are their preferred companies if they are an independent agency?
• Are they able to provide referrals?

Best car insurance company in Ohio

Selecting a good quality insurance company is hard considering how many different companies there are to choose from in Cincinnati. The information below could help you analyze which car insurance companies you want to consider shopping prices with.

Cheap auto insurance rates are possible

We’ve covered a lot of ways to lower your Ford Transit Connect insurance car insurance rates in Cincinnati. The key concept to understand is the more price quotes you have, the more likely it is that you will get a better rate. Drivers may even discover the lowest car insurance rates are with an unexpected company. Some small companies can often provide lower premium rates in certain areas than the large multi-state companies such as State Farm or Progressive.

Cheaper Ford Transit Connect insurance in Cincinnati is available from both online companies in addition to local insurance agencies, and you should be comparing both in order to have the best chance of saving money. Some insurance companies do not offer online rate quotes and these smaller companies sell through local independent agencies.

When shopping online for auto insurance, make sure you don’t skimp on critical coverages to save a buck or two. In many instances, someone dropped comprehensive coverage or liability limits and learned later that saving that couple of dollars actually costed them tens of thousands. The goal is to get the best coverage possible for the lowest cost.

Additional information is available below:

• A Tree Fell on Your Car: Now What? (Allstate)
• Who Has Cheap Cincinnati Auto Insurance for 17 Year Olds? (FAQ)
• Who Has Affordable Auto Insurance for Electric Cars in Cincinnati? (FAQ)
• What is Full Coverage? (Allstate)
• Protecting Teens from Drunk Driving (Insurance Information Institute)