- Average Ford Transit Connect insurance cost is $1,608 per year, or $134 per month for full coverage.
- The cheapest model of Ford Transit Connect to insure is the XL model at around $1,558 per year, or about $130 per month.
How much does Ford Transit Connect insurance cost?
Ford Transit Connect car insurance cost averages $1,608 a year, or $134 on a monthly basis. Rates range from the XL model at around $1,558 per year up to the Titanium model at around $1,656 per year.
The rate chart below breaks down average yearly insurance rates on a 2023 Ford Transit Connect using different deductibles and driver age groups.
The following table illustrates average insurance policy premiums for a Ford Transit Connect for the 2013 and 2020-2023 model years.
| Model Year and Vehicle | Driver Age 20 | Driver Age 40 | Driver Age 60 |
|---|---|---|---|
| 2023 Ford Transit Connect | $3,240 | $1,608 | $1,336 |
| 2022 Ford Transit Connect | $3,340 | $1,650 | $1,374 |
| 2021 Ford Transit Connect | $3,246 | $1,602 | $1,336 |
| 2020 Ford Transit Connect | $3,154 | $1,558 | $1,300 |
| 2013 Ford Transit Connect | $2,242 | $1,118 | $940 |
Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all Ford Transit Connect trim levels for each model year. Updated February 22, 2024
The next table displays the estimated annual and 6-month policy costs, plus a monthly budget figure, for each Ford Transit Connect package and trim level.
| 2023 Ford Transit Connect Trim Level | Annual Premium | Cost Per Month |
|---|---|---|
| XL | $1,558 | $130 |
| XLT | $1,610 | $134 |
| Titanium | $1,656 | $138 |
Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Updated February 23, 2024
Supplementary rates and insights
Other notable observations regarding the cost of insurance for a Ford Transit Connect include:
- As you age, auto insurance tends to get cheaper. The difference in 2023 Transit Connect insurance cost between a 50-year-old driver ($1,428 per year) and a 20-year-old driver ($3,240 per year) is $1,812, or a savings of 77.6%.
- Earn policy discounts to save money. Discounts may be available if the policyholders are homeowners, are senior citizens, are loyal customers, belong to certain professional organizations, are military or federal employees, or many other policy discounts which could save the average driver as much as $270 per year.
- Transit Connect insurance for teen drivers is expensive. Average rates for full coverage Transit Connect insurance costs $5,753 per year for a 16-year-old driver, $5,569 per year for a 17-year-old driver, $4,981 per year for an 18-year-old driver, and $4,538 per year for a 19-year-old driver.
- Careful drivers have lower rates. Being the cause of frequent accidents will raise rates, possibly by an additional $2,300 per year for a 20-year-old driver and as much as $486 per year for a 50-year-old driver.
- Obey the law and pay less. To get the lowest price for Transit Connect insurance rates, it’s necessary to be an excellent driver. In fact, just one or two minor traffic violations have the potential to increase insurance policy rates by as much as $426 per year.
- Bring up your credit score to save money. Having an over-800 credit score could save as much as $252 per year over a lower credit score of 670-739. Conversely, a less-than-good credit score could cost up to $293 more per year.