Compare Car Insurance Rates for a Ford Explorer

Have you had enough of scraping the payment together each month for car insurance? You’re in the same situation as most other car owners. Because there are so many options, it’s difficult to pick the most affordable car insurance company.

It’s a great practice to take a look at other company’s rates at least once a year since rates change quite often. Just because you had the best price on Explorer insurance last year you can probably find a better price now. Forget anything you know (or think you know) about car insurance because you’re about to learn one of the best ways to find better coverage at a better price.

You probably qualify for some discounts

Insuring your fleet can be pricey, but you can get discounts that you may not even be aware of. Some trigger automatically at the time of purchase, but less common discounts must be manually applied before you will receive the discount. If you’re not getting every credit you deserve, you are paying more than you should be.

• Early Switch Discount – Some insurance companies reward drivers for switching policies prior to your current policy expiring. It’s a savings of about 10%.
• Payment Method – By paying your policy upfront instead of paying each month you can actually save on your bill.
• Save with a New Car – Adding a new car to your policy can cost up to 25% less since new cars are generally safer.
• Driver Safety – Taking part in a course in driver safety could possibly earn you a 5% discount and easily recoup the cost of the course.
• Government Employees – Employees or retirees of the government may qualify you for a discount on Explorer insurance depending on your company.
• Low Mileage Discounts – Fewer annual miles on your Ford can qualify you for discounted rates on garaged vehicles.
• More Vehicles More Savings – Having multiple cars or trucks on the same car insurance policy could earn a price break for each car.
• Life Insurance Discount – Some companies give lower rates if you buy life insurance from them.
• Anti-theft Discount – Anti-theft and alarm systems prevent vehicle theft and will save you 10% or more.

Consumers should know that most of the big mark downs will not be given to the overall cost of the policy. Most only reduce individual premiums such as liability, collision or medical payments. Just because you may think all the discounts add up to a free policy, you’re out of luck. But any discount will cut your overall premium however.

To see a list of companies with the best car insurance discounts, follow this link.

What determines your Ford Explorer insurance premium

It’s important that you understand some of the elements that help determine the price you pay for car insurance. Knowing what impacts premium levels enables informed choices that can help you get lower car insurance prices.

• Consolidate policies to earn discounts – Some car insurance companies give discounts to customers who buy several policies from them in the form of a multi-policy discount. Even with this discount, you still need to comparison shop to verify if the discount is saving money.
• Do men or women drive better? – The statistics show that women are safer drivers than men. However, don’t assume that men are worse drivers. Men and women have accidents in similar numbers, but the male of the species cause more damage and cost insurance companies more money. Men also tend to get more serious tickets like reckless driving and DUI.
• Cautious drivers pay less – A bad driving record impacts your car insurance rates tremendously. Careful drivers receive lower rates than their less careful counterparts. Even one moving violation can boost insurance rates forty percent or more. If you have dangerous violations like reckless driving, hit and run or driving under the influence may find they need to file a proof of financial responsibility form (SR-22) with their state motor vehicle department in order to prevent a license revocation.
• Lower deductibles cost more – The deductibles define the amount you are required to spend if you file a covered claim. Physical damage coverage, termed comprehensive and collision coverage on your policy, covers damage that occurs to your car. Examples of covered claims are running into the backend of another car, damage caused by hail, and windstorm damage. The more money you’re willing to pay, the less your company will charge you for insurance on Explorer insurance.

Final considerations

The cheapest Ford Explorer insurance is attainable both online in addition to many insurance agents, so compare prices from both so you have a total pricing picture. Some insurance providers do not provide online price quotes and many times these smaller companies only sell through independent insurance agents.

As you shop your coverage around, make sure you don’t sacrifice coverage to reduce premiums. In too many instances, consumers will sacrifice liability coverage limits only to discover later that the savings was not a smart move. Your focus should be to get the best coverage possible at the best price while not skimping on critical coverages.

We just covered quite a bit of information on how to reduce Ford Explorer insurance prices online. The most important thing to understand is the more you quote, the higher the chance of saving money. You may even discover the lowest priced car insurance comes from a smaller regional carrier. Some small companies may have significantly lower rates on certain market segments than their larger competitors like Progressive and GEICO.