Trying to find cheaper insurance for a Ford E150 Econoline Van can turn out to be a lot of work, but you can use these tips and make it easy.
There is a better way to buy auto insurance and you need to know the best way to quote coverages for a Ford and obtain the lowest possible price from local insurance agents and online providers.
If you have a policy now or are looking for a new policy, you can follow these tips to reduce the price you pay and possibly find even better coverage. Locating the best coverage is simple if you know the tricks. Vehicle owners only need an understanding of how to shop their coverage around online.
How to Compare Auto Insurance Rates
Shopping for lower auto insurance rates can take time and effort if you don’t know the most efficient way. You could spend the better part of a day talking to agents in your area, or you could use online quotes to get rate comparisons in just a few minutes.
Most of the best insurance companies participate in a marketplace where insurance shoppers only type in their quote data once, and at least one company provides a quote determined by their information. This system prevents you from having to do form submissions to each company.
To submit your quote information now, click here to start a free quote.
The one disadvantage to comparing rates this way is that consumers can’t choose which insurance companies you want to price. If you wish to select specific providers for rate comparison, we have assembled a list of auto insurance companies in your area. Click here for list of insurance companies.
It’s your choice how you get your quotes, but compare the exact same coverages and limits for every company. If your comparisons have different liability limits it will be very difficult to decipher which rate is best.
There’s no such thing as the perfect policy
When choosing the best auto insurance coverage, there really is not a perfect coverage plan. Coverage needs to be tailored to your specific needs.
For instance, these questions might point out if your insurance needs could use an agent’s help.
- Can my teen driver be rated on a liability-only vehicle?
- Will I be non-renewed for getting a DUI or other conviction?
- How do I file an SR-22 for a DUI in my state?
- Do I have coverage when making deliveries for my home business?
- Are my friends covered when driving my Ford E150 Econoline Van?
- Do I really need UM/UIM coverage?
If it’s difficult to answer those questions but you think they might apply to your situation, you may need to chat with an agent. To find lower rates from a local agent, complete this form. It is quick, free and can provide invaluable advice.
Shop online but buy locally
Some people just want to visit with an insurance agent. Educated insurance agents are trained to spot inefficiencies and help file insurance claims. One of the best bonuses of price shopping on the web is that you can obtain the best rates but also keep your business local. And supporting local businesses is important especially in smaller rural communities.
To help locate an agent, after submitting this short form, your coverage information is submitted to companies who will return price quotes for your coverage. There is no need to leave your house as quotes are delivered to the email address you provide.
Different types of insurance agencies
If you’re trying to find a reliable agent, there are a couple of types of insurance agents that differ in how they can insure your vehicles. Insurance agencies are categorized either captive or independent. Both insure your vehicles, but it’s good to learn how they are different because it can impact your selection of an agent.
Independent Agents (or Brokers)
Independent insurance agents do not work for one specific company but rather can write business with lots of companies and possibly get better coverage at lower prices. To transfer your coverage to a different company, the agent simply finds a different carrier and that require little work on your part.
When shopping rates, we recommend you get quotes from at least one independent agent for maximum quote selection.Most can insure with smaller companies which can save you money.
Captive Agents
Captive insurance agents are contracted to one company such as American Family, Liberty Mutual and AAA. These agents are not able to give you multiple price quotes so they have no alternatives for high prices. Captive agencies receive extensive training in insurance sales and that can be a competitive advantage. Consumers sometimes purchase coverage from captives primarily because of loyalty to the company and the convenience of having a single billing for all their coverages.
To view a complete directory of insurance agencies, click here.
Deciding on an auto insurance agent needs to be determined by more than just the price. Agents should be asked these questions:
- Is the agency involved in supporting local community causes?
- Are they full-time agents?
- If you have an accident, will your rates go up?
- Does the agency provide any after hours assistance?
- How long have they worked with personal auto insurance coverage?
Once you have satisfactory answers to any questions you have and a low price estimate, chances are good that you have found an insurance agent that can properly service your auto insurance policy. But keep in mind policyholders can cancel your coverage whenever you wish so don’t feel you are locked into the auto insurance policy for the full term.
Auto insurance coverage specifics
Having a good grasp of a auto insurance policy can help you determine which coverages you need at the best deductibles and correct limits. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording.
Insurance for medical payments
Coverage for medical payments and/or PIP pay for short-term medical expenses such as dental work, ambulance fees, rehabilitation expenses and chiropractic care. They are used to fill the gap from your health insurance plan or if there is no health insurance coverage. It covers you and your occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage
Liability car insurance
Liability insurance can cover damages or injuries you inflict on a person or their property. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 50/100/50 which means a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Occasionally you may see a combined limit which limits claims to one amount and claims can be made without the split limit restrictions.
Liability insurance covers things such as structural damage, legal defense fees, repair bills for other people’s vehicles, repair costs for stationary objects and pain and suffering. How much liability should you purchase? That is a personal decision, but buy as large an amount as possible.
Auto collision coverage
Collision coverage covers damage to your E150 Econoline Van resulting from colliding with an object or car. A deductible applies and then insurance will cover the remainder.
Collision insurance covers claims like damaging your car on a curb, hitting a parking meter and rolling your car. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. You can also increase the deductible to save money on collision insurance.
Comprehensive coverage (or Other than Collision)
Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage pays for claims like damage from a tornado or hurricane, a tree branch falling on your vehicle, hail damage, vandalism and damage from flooding. The maximum amount your auto insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.
Uninsured Motorist or Underinsured Motorist insurance
Your UM/UIM coverage provides protection from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants as well as your vehicle’s damage.
Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important. Most of the time these limits are identical to your policy’s liability coverage.
