Finding the cheapest insurance for a Ford E350 Econoline Van can be an all-consuming task, but you can learn our auto insurance buying tips to find lower rates. There are both good and bad ways to buy auto insurance and we’ll show you the proper way to price shop coverage for your Ford and obtain the best price possible either online or from local insurance agents.
You need to quote other rates yearly since insurance rates tend to go up over time. Despite the fact that you may have had the best deal for E350 Econoline van insurance two years ago a different company probably has better prices today. Forget anything you know (or think you know) about auto insurance because you’re about to find out the fastest way to get good coverage at a lower rate.
Auto insurance policy discounts
Some companies do not list every disount available in a way that’s easy to find, so the list below gives a summary of some of the more common and also the lesser-known discounts that you may qualify for.
- Home Ownership Discount – Simply owning a home may earn you a small savings because of the fact that having a home is proof of financial responsibility.
- Early Renewal Discounts – Some larger companies reward drivers for switching policies early. It can save you around 10%.
- Military Deployment Discount – Being on active deployment in the military could mean lower rates.
- Online Discount – Some auto insurance companies provide a small discount just for signing your application online.
- Senior Citizen Discount – Drivers that qualify as senior citizens can possibly qualify for a discount up to 10% for E350 Econoline van insurance.
- Bundle and Save – If you can combine your auto and homeowners policy and place coverage with the same company you may earn at least 10% off all policies.
Keep in mind that some of the credits will not apply the the whole policy. Some only apply to specific coverage prices like medical payments or collision. So even though they make it sound like you could get a free auto insurance policy, it just doesn’t work that way. Any amount of discount should help reduce your overall premium however.
A few popular companies and a partial list of their discounts are included below.
- American Family offers discounts for air bags, accident-free, bundled insurance, defensive driver, and Steer into Savings.
- Nationwide may include discounts for Farm Bureau membership, good student, family plan, easy pay, anti-theft, multi-policy, and accident-free.
- MetLife has discounts for good driver, good student, defensive driver, claim-free, and accident-free.
- 21st Century offers premium reductions for driver training, teen driver, good student, theft prevention, and early bird.
- Farmers Insurance offers discounts including youthful driver, alternative fuel, teen driver, pay in full, homeowner, and distant student.
- Allstate has savings for EZ pay plan discount, premier plus, farm vehicle, safe driver, anti-theft, auto/life discount, and FullPay discount.
If you want , ask every insurance company which credits you are entitled to. Some of the earlier mentioned discounts may not apply everywhere. If you would like to choose from a list of insurance companies who offer online auto insurance quotes, follow this link.
Lower Insurance Rates with These Tips
Smart consumers have a good feel for a few of the rating criteria that play a part in calculating auto insurance rates. If you understand what determines base rates, this empowers consumers to make smart changes that could help you find lower premium levels. Lots of factors are considered when quoting car insurance. Most are fairly basic such as your driving record, but other factors are not quite as obvious like your vehicle usage or your financial responsibility.
The items below are some of the items used by insurance companies to determine premiums.
- GPS tracking and theft deterrents systems cut premiums – Buying a car with a theft deterrent system can help bring down rates. Anti-theft devices like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can help prevent auto theft and help lower rates.
- Low deductibles cost more – Insurance for physical damage, also called ‘full coverage’, insures against damage to your Ford. Some examples of claims that would be covered are colliding with a building, flood damage, and burglary. The deductibles you choose are the amount of money the insured will be required to pay if you file a covered claim. The more expense the insured is willing to pay, the less your auto insurance will be for E350 Econoline van insurance.
- Liability coverage is critical – Your auto insurance policy’s liability coverage will afford coverage when a jury decides you are liable for personal injury or accident damage. Your liability coverage provides legal defense starting from day one. This coverage is relatively inexpensive when compared to the cost of physical damage coverage, so do not cut corners here.
- High performance vehicles cost more to insure – The make and model of the vehicle you need insurance for makes a significant difference in how high your rates are. The lowest premiums tend to be for the lowest performance passenger cars, but your final cost has many other factors. Since the Ford E350 Econoline Van is classified as a van and minivan, insuring your vehicle will cost similar in price compared to average rates.
- Higher rates for policy lapses – Allowing your coverage to lapse is a quick way to trigger a rate increase. In addition to paying higher premiums, getting caught without coverage could result in a steep fine or even jail time.
- Urban areas may pay more – Living in less populated areas is a good thing when it comes to auto insurance. Fewer drivers on the road means fewer accidents and also fewer theft and vandalism claims. Drivers who live in large cities regularly have more road rage incidents and a longer drive to work. Longer commute distances translates into higher accident risk.
- File claims and pay more – Insurance companies generally give lower rates to drivers who are not frequent claim filers. If you file a lot of claims you can definitely plan on either policy cancellation or increased premiums. Your car insurance is intended to be relied upon for larger claims.
- Cheaper to insure women? – The statistics show women tend to be less risk to insure than men. However, this does not mean women are BETTER drivers than men. Both genders tend to get into at-fault accidents in similar numbers, but the men tend to have more serious accidents. Men also statistically receive more costly citations like driving under the influence (DUI). Young males cause the most accidents and therefore have the most expensive auto insurance rates.
Cheaper auto insurance rates are out there
More affordable auto insurance can be found online as well as from insurance agents, so you should compare both so you have a total pricing picture. A few companies may not offer price quotes online and these regional insurance providers work with independent agents.
In this article, we presented some good ideas how you can compare Ford E350 Econoline Van insurance rates online. The most important thing to understand is the more price quotes you have, the higher the chance of saving money. Consumers could even find that the biggest savings come from some of the lesser-known companies.
When trying to cut insurance costs, it’s not a good idea to buy poor coverage just to save money. Too many times, someone sacrificed comprehensive coverage or liability limits and learned later that the small savings ended up costing them much more. Your goal is to buy enough coverage for the lowest cost, but do not sacrifice coverage to save money.
