How Much is Insurance for a Ford Explorer in New York?

The chances of finding cheaper coverage for a Ford Explorer in New York relies on an enormous amount of factors such as the safety features of your vehicle, your profession, and driving violations and tickets. Drivers in New York on average will pay $1,020 annually for Explorer insurance, but that cost is an approximation calculated using a 40-year-old single female who purchased both comprehensive and collision coverage and $100 policy deductibles.

If we were betting, you are not 40 and possibly not even female, possibly married instead of single, and you need different coverage limits than the sample rates. Having just a slight change in rating factors or requested coverage amount can cause big changes in rate quotes.

Every driver has a different risk profile, so the best method for finding the cheapest rates for your Ford is to just take the time to compare rates yourself.

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Your vehicle’s trim level tends to have a direct effect on the coverage cost, so the rate you pay to insure a Explorer XLT 2WD model will be $110 cheaper than the price to insure the higher-priced Explorer Limited AWD version, as demonstrated by the prices below.

Table data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and New York minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, claim-free, and homeowner. Premium costs do not factor in garaging location in New York which can revise prices substantially.

Buying coverage from the top auto insurance provider is difficult considering how many different companies sell coverage in New York. The company information below could help you select which providers you want to consider when trying to find the cheapest insurance for a Ford Explorer. These rankings are only comprised of large insurance companies, so smaller companies are not factored into these rankings.

Should you buy full coverage?

Finding cheap insurance for a Ford Explorer in New York is important to the majority of vehicle owners, and one of the easiest ways to lower the cost of insurance is to not buy comprehensive and collision coverage. The diagram below illustrates the comparison of auto insurance costs with full phyical damage coverage and with liability coverage only. The price estimates are based on no tickets, no at-fault accidents, $500 deductibles, single marital status, and no other discounts are factored in.

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On average, comp and collision coverage costs $1,509 per year over having just liability coverage. Many of you may wonder if full coverage is worth the money. There is no specific rule for dropping physical damage coverage, but there is a guideline you can consider. If the yearly cost for physical damage coverage is more than around 10% of the settlement you would receive from your company, then it might be time to buy liability only.

There are a few cases where eliminating full coverage is not financially feasible. If you have an outstanding loan on your vehicle, you are required to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you cannot afford to purchase a different vehicle in case of an accident, you should not opt for liability only.

Discounts on cheap insurance for a Ford Explorer in New York

Insurers that offer coverage for a Ford Explorer may provide discounts that can reduce rates by 35% or more if you are eligible. Larger auto insurance companies and a selection of discounts can be found below.

The illustration below compares yearly insurance costs with and without discounts being applied to the rates. The data assumes a male driver, no claims or driving violations, New York state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows insurance cost with no discounts. The second bar shows the rates with homeowner, multiple policy, vehicle safety, multiple vehicle, defensive driving course, and marriage discounts applied. When drivers qualify for the discounts, the average amount saved each year on auto insurance for a Ford Explorer is 13% or $247.

google.charts.setOnLoadCallback(drawDiscqcibChart);function drawDiscqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Male Driver No Discounts’, ‘Male Driver with Discounts’],[‘Age 20’, 2101,1511],[‘Age 30’, 1129,817],[‘Age 40’, 1089,787],[‘Age 50’, 999,725],[‘Age 60’, 969,703],[‘Age 70’, 1207,871]]);var options = {title: ‘Effect of Discounts on Insurance Price for a Ford Explorer’,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’,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(‘qcibdisc’));chart.draw(data, options);}

How to get cheap insurance for a Ford Explorer in New York

The list below shows some of the better penny-pinching suggestions that can help New York drivers buy lower-cost coverage.

• Do not pay for comprehensive and collision coverage on older vehicles
• Bundle home and auto and earn a discount
• Staying accident-free helps keep rates low
• Higher credit ratings may save you money
• Buy safe vehicles
• Compare rates and switch if you can find a better deal

The last idea is extraordinarily critical, as we hit on in the prior information. Prices charged by auto insurers in New York vary considerably, so don’t hesitate to change insurance companies if a better deal can be had. Loyalty to a specific company is fine, but it’s not a good idea if that dedication is costing a fortune every year. It only take a few minutes to compare rates and find cheaper insurance for a Ford Explorer.