Who Has Cheap Insurance Quotes for a Ford Explorer in South Dakota?

Buying the best cheap auto insurance for a Ford Explorer in South Dakota relies on lots of different factors like whether you are single or married, your current insurance company, and any driving offenses on your record. Drivers in South Dakota will pay on average $690 each year to insure a Ford Explorer, but that policy rate is an estimation using a 40-year-old married female who requires full coverage including both comprehensive and collision and $1,000 deductibles.

There is a good chance you are not 40 years old and maybe not even female, single instead of married, or maybe you live in a different part of South Dakota than the example. Different coverage needs are the reason why the best method for finding cheap insurance rates for your Ford is to shop your policy around at every renewal.

Click to Compare Rates Now

Your Ford’s trim level tends to have a direct impact on the cost of coverage, so the rate you pay to insure a Explorer XLT 2WD model will be $56 less than the price to insure the high end Explorer Limited AWD model, as shown below.

Data based on married female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and South Dakota minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, multi-policy, and safe-driver. Information does not factor in specific location information which can modify premium rates noticeably.

Deciphering which company offers the best insurance rates for a Ford Explorer requires a little more work than just comparing rates from one or two companies. Every car insurance company has a proprietary method for determining prices, so to begin we’ll rank the most affordable insurance companies in South Dakota.

It’s important that you understand South Dakota insurance rates are determined by lots of factors which can substantially change the cost of a policy. Turning one year older, moving to a different location, or getting a ticket for running a stop sign may prompt premium changes resulting in some companies being affordable when they were higher priced.

Best Car Insurance Prices for Your Explorer

Get a Free Quote and Save

USAA quotes some of the best car insurance rates in South Dakota at around $631 each year. Auto-Owners, Farmers Mutual of Nebraska, State Farm, and Unitrin would also be considered some of the lowest-priced South Dakota auto insurance companies.

In the above example, if you are insured with Unitrin and switched to Auto-Owners, you may see a yearly price reduction of in the neighborhood of $145. Drivers with Western National may save as much as $158 a year, and Farmers customers might realize rate reductions of up to $189 a year.

Remember that these policy rates are averaged for all ages of drivers and types of vehicles and and are not figured with a specific rate value for a Ford Explorer. So the auto insurance company that can offer you the best price may not even be shown in the chart above. That points out the importance of why you need to get rate quotes from many companies using your own driver and vehicle profiles.

Impact of violations and accidents on rates in South Dakota

In a perfect world, the ideal way to enjoy low insurance rates in South Dakota for an Explorer is to drive attentively and avoid getting tickets or having accidents. The example below demonstrates how citations and at-fault claims can influence annual premium costs for different age categories. The data assumes a married female driver, comprehensive and collision coverage, $500 deductibles, and no discounts are applied to the premium.

google.charts.setOnLoadCallback(drawVioqcibChart);function drawVioqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘No Violations or Accidents’, ‘Two Speeding Tickets and No Accidents’, ‘Two Speeding Tickets and One Accident’],[‘Age 20’, 1705,2197,2687],[‘Age 30’, 1185,1675,2165],[‘Age 40’, 1175,1665,2155],[‘Age 50’, 1039,1533,2019],[‘Age 60’, 987,1477,1965],[‘Age 70’, 1059,1551,2043]]);var options = {title: ‘Impact of Citations and Accidents on South Dakota Ford Explorer Insurance’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 600,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},colors:[‘#b2da64′,’#eed355′,’#e39e71’],hAxis: {title: ‘Annual Insurance Cost for a Ford Explorer in South Dakota’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);var chart = new google.visualization.BarChart(document.getElementById(‘qcibvio’));chart.draw(data, options);}

In the previous chart, the average cost of an auto insurance policy in South Dakota per year with no accidents and a clean driving record is $1,192. Factor in two speeding tickets and the average cost increases to $1,683, an increase of $491 each year. Next add one accident along with the two speeding tickets and the annual cost of insurance for a Ford Explorer increases to an average of $2,172. That’s an increase of $981, or $82 per month, just for a couple of infractions!

Liability only or full coverage

Finding cheap insurance for a Ford Explorer in South Dakota is probably important to the majority of drivers, and one of the quickest ways to pay lower rates for insurance is to only buy liability insurance. The chart below illustrates the comparison of insurance costs with full phyical damage coverage and with liability coverage only. The price estimates are based on no driving violations, no at-fault accidents, $500 deductibles, single marital status, and no other discounts are factored in.

google.charts.setOnLoadCallback(drawFclqcibChart);function drawFclqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Full Coverage with $500 Deductibles’, ‘Liability Only’],[‘Age 20’, 2845,1051],[‘Age 30’, 1509,579],[‘Age 40’, 1475,537],[‘Age 50’, 1345,503],[‘Age 60’, 1303,495],[‘Age 70’, 1593,659]]);var options = {title: ‘Comparison of Full Coverage and Liability Only’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9′,’#98bee2’],hAxis: {title: ‘Annual Insurance Cost for a Ford Explorer in South Dakota’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibfcl’));chart.draw(data, options);}

If averaged out across all ages, comprehensive and collision coverage on your policy costs an additional $1,678 per year over having just liability coverage. Many drivers will wonder when is it a good idea to stop buying full coverage. There is no definitive guideline to stop buying comp and collision coverage, but there is a guideline you can use. If the yearly cost of comp and collision coverage is more than around 10% of the replacement cost minus the deductible, then it could be time to drop full coverage.

For example, let’s say your vehicle’s book value is $9,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, the most your company will settle for is $8,000 after the deductible is paid. If you are currently paying more than $800 a year for comprehensive and collision coverage, then it could be time to drop full coverage.

There are some conditions where eliminating full coverage is not financially feasible. If you still have a loan on your vehicle, you have to carry full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is in an accident, you should not buy liability only.