Are you trying to find lower-priced car insurance rates in Philadelphia, PA? Philadelphia consumers have lots of choices when looking for affordable Ford Transit Connect insurance. They can either waste time driving around getting price quotes or save time using the internet to make rate comparisons. There is a better way to buy car insurance so you’re going to learn the absolute fastest way to get price quotes for a new or used Ford and locate the best price possible from Philadelphia insurance agents and online providers.
You should make it a habit to take a look at other company’s rates before your policy renews due to the fact that insurance rates tend to go up over time. If you had the best deal on Ford Transit Connect insurance in Philadelphia at your last renewal a different company probably has better prices today. You’ll find quite a bit of inaccurate information about Transit Connect insurance online, but in this article, you’re going to get a lot of great tips on how to find affordable car insurance in Philadelphia.
Locating the best rates in Philadelphia is actually quite easy if you know where to start. If you’re already insured, you will surely be able to cut your premiums using this information. Drivers just need to learn how to compare insurance rates online.
Best Ford Transit Connect insurance prices in Pennsylvania
The companies shown below have been selected to offer price quotes in Philadelphia, PA. If several companies are displayed, we suggest you visit as many as you can in order to find the cheapest rates.
Analysis of Ford Transit Connect rates
The rate table displayed below covers detailed analysis of insurance prices for Ford Transit Connect models. Learning more about how policy premiums are figured is important for drivers to make smart choices when comparing insurance quotes.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Transit Connect XL 2WD | $124 | $248 | $340 | $20 | $102 | $834 | $70 |
| Transit Connect XLT 2WD | $124 | $248 | $340 | $20 | $102 | $834 | $70 |
| Get Your Own Customized Quote Go | |||||||
Premium data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Pennsylvania minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, safe-driver, and homeowner. Estimates do not factor in the specific area where the vehicle is garaged which can decrease or increase premiums substantially.
Higher deductibles save money
When comparing auto insurance rates, the most common question is how low should you set your deductibles. The premium rates below help summarize the cost difference when you select higher and lower coverage deductibles. The first set of prices uses a $250 deductible for comprehensive and collision coverage and the second rate chart uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Transit Connect XL 2WD | $222 | $428 | $330 | $20 | $98 | $1,123 | $94 |
| Transit Connect XLT 2WD | $222 | $428 | $330 | $20 | $98 | $1,123 | $94 |
| Get Your Own Customized Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Transit Connect XL 2WD | $180 | $346 | $330 | $20 | $98 | $974 | $81 |
| Transit Connect XLT 2WD | $180 | $346 | $330 | $20 | $98 | $974 | $81 |
| Get Your Own Customized Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Pennsylvania minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, homeowner, and claim-free. Rate quotes do not factor in the specific area where the vehicle is garaged which can increase or decrease insurance rates substantially.
Using the data above, we can ascertain that using a $250 deductible costs an average of $13 more each month or $156 a year than quoting the higher $500 deductible. Since the policyholder would be required to pay $250 more to file a claim with a $500 deductible as compared to a $250 deductible, if you have at least 19 months between claims, you would come out ahead if you opt for a higher deductible. Here’s an example of how you can make your own decision.
| Average monthly premium for $250 deductibles: | $94 |
| Average monthly premium for $500 deductibles (subtract): | – $81 |
| Monthly savings from raising deductible: | $13 |
| Difference between deductibles ($500 – $250): | $250 |
| Divide difference by monthly savings: | $250 / $13 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 19 months |
One big caveat is that increasing deductibles to save money results in a higher out-of-pocket expense when you have a comprehensive or collision claim. That will require some non-essential savings in the event you have to pay the deductible to have repairs made.
Yearly auto insurance costs for men versus women
The illustration below shows the difference between Ford Transit Connect annual premium costs for male and female drivers. The premiums assume no claims, a clean driving record, comp and collision included, $250 deductibles, marital status is single, and no discounts are applied to the premium.
Comparison of full coverage and liability-only policies
The information below illustrates the difference between Ford Transit Connect insurance costs with full coverage and liability only. The premium estimates are based on no violations or accidents, $500 deductibles, single marital status, and no other discounts are factored in.
When to eliminate full coverage
There isn’t a steadfast formula to drop full coverage on your policy, but there is a broad guideline. If the annual cost of coverage is about 10% or more 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 claim settlement value is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, the most your company would pay you is $8,000 after the policy deductible has been paid. If you are paying more than $800 a year to have full coverage, then it might be time to consider dropping full coverage.
There are a few situations where only buying liability is not a good idea. If you still owe money on your vehicle, you have to maintain full coverage as part of the loan conditions. Also, if your emergency fund is not enough to purchase a different vehicle in the event your current vehicle is totaled, you should keep full coverage in place.
Car insurance policy discounts for Ford Transit Connect insurance in Philadelphia
Car insurance is easily one of your largest bills, but you can get discounts to help offset the cost. A few discounts will be applied when you purchase, but some need to be specifically requested prior to getting the savings.
- Driving Data Discount – Insureds that choose to allow driving data collection to study vehicle usage by installing a telematics device like Drivewise from Allstate or In-Drive from State Farm may see discounts as long as they are good drivers.
- Federal Government Employee – Employees or retirees of the government could qualify for a slight premium decrease with certain companies.
- Home Ownership Discount – Just being a homeowner may earn you a small savings because of the fact that having a home requires personal responsibility.
- Discount for New Cars – Buying insurance on a new vehicle can save you some money since newer models are generally safer.
- More Vehicles More Savings – Insuring several vehicles on one policy could earn a price break for each car.
- Senior Citizens – Drivers over the age of 55 are able to get lower premium rates.
- Smart Student Discounts – A discount for being a good student may save as much as 25% on a Philadelphia auto insurance quote. The good student discount can last up until you turn 25.
- Professional Organizations – Joining specific professional or occupational memberships or organizations could qualify you for a break when getting a Philadelphia auto insurance quote.
Don’t be shocked that some of the credits will not apply to all coverage premiums. Most only apply to specific coverage prices like collision or personal injury protection. So even though they make it sound like you would end up receiving a 100% discount, companies wouldn’t make money that way.
The diagram below shows the difference between Ford Transit Connect car insurance rates with and without discounts applied to the policy premium. The price estimates are based on a female driver, no claims or violations, Pennsylvania state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, multi-policy, homeowner, safe-driver, marriage, and claim-free discounts applied.
A few of the larger companies and the discounts they provide are outlined below.
- GEICO includes discounts for seat belt use, driver training, five-year accident-free, emergency military deployment, and good student.
- Auto-Owners Insurance may include discounts for group or association, student away at school, teen driver, company car, good student, and safe vehicle.
- American Family has discounts for air bags, good driver, accident-free, TimeAway discount, good student, and early bird.
- Esurance has savings for multi-car, multi-policy, Pac-12 alumni, emergency road assistance, and good student.
- Progressive offers discounts for multi-policy, homeowner, online quote discount, continuous coverage, multi-vehicle, and online signing.
- State Farm offers premium reductions for driver’s education, multiple autos, accident-free, Steer Clear safe driver discount, safe vehicle, multiple policy, and defensive driving training.
- AAA may have discounts that include pay-in-full, education and occupation, multi-policy, multi-car, good driver, AAA membership discount, and good student.
Before buying, ask each insurance company to give you their best rates. Some of the discounts discussed earlier may not be offered in every state. To locate insurance companies that offer the discounts shown above in Pennsylvania, click here.
It’s not one size fits all
Always remember that when buying your policy, there really is not a “best” method to buy coverage. Your needs are unique to you and your insurance should unique, too. These are some specific questions can aid in determining whether or not you could use an agent’s help.
- Does my insurance cover my expensive audio equipment?
- Does my personal policy cover me when driving out-of-state?
- When should I remove my kid from my policy?
- Does coverage extend to my business vehicle?
- Should I get collision insurance on every vehicle?
- Do I need to call my car insurance company before buying a new car?
- What are the financial responsibility laws in my state?
- How can I get high-risk coverage after a DUI?
- Do I need higher collision deductibles?
If you can’t answer these questions but one or more may apply to you then you might want to talk to an insurance agent. To find lower rates from a local agent, complete this form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and can help protect your family.
Comparing quotes from local Philadelphia car insurance agents
Some people still like to go talk to an agent and we recommend doing that Good agents can help you build your policy and help submit paperwork. A good thing about price shopping on the web is you may find cheap rate quotes and still buy from a local agent.
For easy comparison, once you complete this short form, your insurance coverage information is emailed to participating agents in Philadelphia who want to provide quotes and help you find cheaper coverage. You never need to contact an agency since price quotes are sent instantly to you. If for some reason you want to quote rates from a specific company, feel free to go to their quote page and fill out their quote form.
Choosing the best insurer requires you to look at more than just the price. Here are some questions to ask:
- What insurance companies do they work with in Philadelphia?
- Can you use your own choice of collision repair facility?
- Is the quote a firm price?
- Do they review policy coverages at every renewal?
- Which insurance company do they prefer to write with?
- How are they compensated?
If you are wanting to find a good Philadelphia insurance agent, there are two different types of agencies that you can choose from. Agents are classified as either exclusive or independent. Both types can insure your vehicles properly, but it’s a good idea to understand the subtle differences since it could factor into your agent selection.
Exclusive Auto Insurance Agents
These agents can usually just insure with one company such as AAA, Allstate, State Farm, or Farmers Insurance. Exclusive agents are unable to provide prices from multiple companies so always compare other rates. These agents are highly trained on their products and sales techniques and that can be a competitive advantage. Some consumers prefer to buy insurance from these agents partially due to the brand and solid financial strength.
Listed below is a list of exclusive insurance agencies in Philadelphia that can give you price quotes.
- Ahida Garcia – State Farm Insurance Agent
716 Adams Ave Ste 8 – Philadelphia, PA 19124 – (215) 533-5550 – View Map - Pamela R Wilkins – State Farm Insurance Agent
8912 Frankford Ave – Philadelphia, PA 19136 – (215) 331-4500 – View Map - Dave Penning – State Farm Insurance Agent
2962 Robbins Ave – Philadelphia, PA 19149 – (215) 537-8050 – View Map
Independent Insurance Agents
Agents in the independent channel do not have single company limitations so as a result can place your coverage with any number of different companies and possibly get better coverage at lower prices. If your agent finds better pricing, they simply switch companies in-house and you can keep the same agent.
When comparing auto insurance rates, you definitely need to get several quotes from several independent agencies in order to have the best price comparison. Many can place coverage with smaller regional carriers which can be an advantage.
The following are Philadelphia independent insurance agencies that can give you rate quotes.
- K and A Insurance Agency
5520 Wayne Ave – Philadelphia, PA 19144 – (215) 991-4900 – View Map - Philadelphia Insurance Companies
231 St Asaphs Rd #100 – Bala Cynwyd, PA 19004 – (610) 617-7900 – View Map - The Gannon Insurance Agency Inc
2704 Street Rd – Bensalem, PA 19020 – (215) 891-9990 – View Map
Quote more and you will save more
In this article, we presented a lot of ways to compare Ford Transit Connect insurance prices in Philadelphia. The most important thing to understand is the more companies you get rates for, the better likelihood of getting affordable Philadelphia auto insurance quotes. You may even be surprised to find that the most savings is with a lesser-known regional company. Some small companies can often insure niche markets at a lower cost than the large multi-state companies such as Progressive or GEICO.
Budget-friendly insurance in Philadelphia can be found from both online companies and from local agencies, so you need to shop Philadelphia auto insurance with both in order to have the best chance of saving money. A few companies do not provide the ability to get quotes online and many times these regional carriers sell through independent agents.
When shopping online for insurance, it’s very important that you do not buy poor coverage just to save money. Too many times, an accident victim reduced collision coverage and discovered at claim time that their decision to reduce coverage ended up costing them more. Your aim should be to find the BEST coverage at the best price while still protecting your assets.
More information is available at the links below
- A Tree Fell on Your Car: Now What? (Allstate)
- Who Has Affordable Auto Insurance for Drivers Over Age 60 in Philadelphia? (FAQ)
- How Much is Auto Insurance for Teenage Females in Philadelphia? (FAQ)
- What Auto Insurance is Cheapest for Young Drivers in Philadelphia? (FAQ)
- What is Covered by GAP Insurance? (Allstate)
- Auto Insurance Learning Center (State Farm)
- Teen Driving and Texting (State Farm)