Best Cheap Insurance for a Ford Explorer in Alaska

When we talk about auto insurance, the words “affordable” or “cheap” should never be used anywhere in the article. Forgive the oxymoron, but cheap auto insurance for a Ford Explorer can seem impossible to find. But don’t despair, because we will tell you how you can still get auto insurance that is cheaper than your current policy.

Your chances of finding affordable auto insurance for a Ford Explorer in Alaska depends on many rating criteria such as how experienced of a driver you are, the size of your vehicle, and if your driving record is clean. Drivers on average pay around $960 a year to buy insurance for a Ford Explorer, but that policy rate is an approximation assuming a 40-year-old single female driver who needs comprehensive and collision coverage and $250 policy deductibles.

Chances are good that you are not 40 and possibly not even female, maybe you are married instead of single, or maybe you just want liability only. Just a minor change in input factors may result in a big change in policy price.

Auto insurance requires individual risk assessment, so your best shot at finding affordable rates for your Ford is to comparison shop your policy at each renewal.

Cheapest Ford Explorer Insurance Rates

The trim level of your Explorer will influence the cost of insurance, so the rate you pay to insure a Explorer XLT 2WD trim level will be $98 lower than the cost to insure the fancier Explorer Limited AWD version, as shown below.

Table data represents single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Alaska minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, safe-driver, and claim-free. Price estimates do not factor in specific zip code location which can increase or decrease coverage rates significantly.

Finding reliable, reasonably-priced car insurance is confusing at best, and deciding which companies offer the best auto insurance rates for a Ford Explorer calls for even more perseverance. Each company uses slightly different criteria to set premium rates, so let’s take a look at the most competitive auto insurance companies in Alaska.

It’s a good idea to know that Alaska auto insurance rates are impacted by many factors which can substantially decrease or increase the price you pay. Simply improving your credit, buying a newer car, or getting a few speeding tickets can cause premium changes that may make certain companies affordable when they were higher priced.

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Umialik generally has some of the best car insurance rates in Alaska at around $865 per year. USAA, State Farm, Progressive, and GEICO also qualify as some of the cheaper Alaska insurance companies.

As shown in the rates above, if you buy coverage from State Farm and switched to Umialik, you might achieve an annual savings of about $100. Alaska drivers with Progressive could save as much as $382 a year, and GEICO insureds might reduce prices by as much as $1,021 a year.

Remember that these estimates are averaged for all drivers and vehicles and are not factoring in a specific rate factor for a Ford Explorer. So the auto insurance company that is best suited for you may not even be in the rate chart shown above. That emphasizes why you need to get rate quotes using your own driver information and specific vehicle type.

The chart below shows how different deductible levels can increase or decrease insurance costs when getting quotes for cheap insurance for a Ford Explorer. The premiums assume a single female driver, full physical damage coverage, and no discounts are taken into consideration.

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The chart above illustrates that a 30-year-old driver could lower rates by $258 a year by changing from a $100 deductible up to a $500 deductible, or save $390 by switching to a $1,000 deductible. Youthful drivers, such as the 20-year-old chart data, could lower their rates as much as $566 each year by using a higher deductible.

If you make the decision to raise deductibles, it’s a good idea to have enough savings to be able to pay the extra out-of-pocket expense. That is the one disadvantage of using higher deductibles.

How to get the best cheap insurance for a Ford Explorer in Alaska

Below you’ll find a few thrifty solutions that can help drivers quote lower-cost coverage.

• Insure your home and auto with the same company
• Do not waste money insuring older vehicles for full coverage
• Better credit scores save money
• Lower rates by purchasing a safer vehicle
• Avoid accidents
• Look for cheaper rates once a year by shopping around

The final tip is certainly significant, as we discussed in the prior information. Prices charged by auto insurers adjust frequently, so you should be ready to buy a different policy if you can find a cheaper rate.

Being loyal to a particular company is commendable, but is isn’t recommended if that faithfulness ends up costing you a lot of money. In less than five minutes you could shop around and find cheaper auto insurance for a Ford Explorer.

Who has the cheapest Ford Explorer insurance quotes?

Drivers have many ways to get affordable auto insurance quotes in Alaska, but the most popular ways are from a non-exclusive or independent agent, an exlusive agent like Allstate or State Farm, or direct either online or via phone.

You can use whichever method you prefer, but it’s important to understand the differences in how they provide price quotes.

Independent agents can place your business with multiple companies and can provide price quotes from all of them. They are not required to write business for one company and can give you more rates, which can help you get the best idea of how your rates compare. If your premiums go up, they simply move the coverage in-house and you don’t have to switch agencies.

A captive or exclusive agent is only able to write business for a single company, for example an Auto-Owners or State Farm agent. These agents normally cannot provide prices from multiple companies, so if their pricing is high, there is no alternative.

Buying auto insurance direct means you bypass an exlusive or independent agent and buy from a direct company like Progressive. Shopping direct may be a decent choice families who have little risk and have a decent understanding of how auto insurance works.

When shopping for auto insurance, which way works best for finding the best cheap insurance for a Ford Explorer in Alaska? The obvious answer would be shopping direct yields the cheapest rates since no commissions are paid to an agent, but in reality, that argument does not hold true. We could also assume that an independent agency results in the cheapest rates since they can quote with many companies, but again, that’s not a true statement. And sometimes, exclusive agencies have very competitive rates that cannot be beaten by either independent or direct companies.

Due to the fact that auto insurance rates vary so much, the guaranteed way to buy the cheapest policy is to compare, compare, and compare some more. We recommend you get quotes from all three to have the best selection of rates to choose from. To see some of the cheapest online companies available, click here to view.