Who Has the Cheapest Insurance for a Ford Explorer in Michigan?

Your odds of finding cheap car insurance for a Ford Explorer in Michigan depends on a whole bunch of rating criteria like the safety features built into your vehicle, whether or not you have had gaps between policies, and citations on your driving record. Drivers pay on average $2,360 annually to insure their Explorer, but that price is a valuation using rate data for a 50-year-old single male with comprehensive and collision coverage and $100 physical damage deductibles.

It’s highly likely you are not 50 and possibly not even male, maybe you are married instead of single, and maybe you have sub-par credit that needs to be factored in. Using even a minor difference in rating factors or requested coverage amount can result in a massive change in rate quotes.

Everone’s needs are different, and this illustrates why the best way to find cheap car insurance rates for your Ford is to make a habit of comparing prices at least once a year.

Save Now on Explorer Insurance

The trim level of your Explorer will be a contributing factor to the cost of insurance, so the rate you will pay to insure a Explorer XLT 2WD will be $262 less expensive the price to insure the higher-priced Explorer Limited AWD model, as shown in the chart below.

Table data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Michigan minimum liability limits. Discounts applied include multi-policy, homeowner, multi-vehicle, safe-driver, and claim-free. Premium costs do not factor in specific location information which can change prices greatly.

Selecting the highest-rated insurance company can be difficult considering how many companies sell insurance in Michigan. The ranking information shown below can help you pick which auto insurance companies to look at when trying find the best insurance for a Ford Explorer. These rankings only include large insurance companies, so companies that only write business in Michigan or surrounding areas are not factored into these rankings.

The chart below highlights how deductible choice can change insurance rates when researching cheap insurance for a Ford Explorer. The data assumes a single female driver, comprehensive and collision coverage, and no other discounts are factored in.

google.charts.setOnLoadCallback(drawDfdqcibChart);function drawDfdqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘$100 Deductible’,’$250 Deductible’,’$500 Deductible’,’$1,000 Deductible’],[‘Age 20’, 6039,5589,5085,4605],[‘Age 30’, 4187,3855,3467,3091],[‘Age 40’, 3883,3581,3233,2895],[‘Age 50’, 3397,3131,2825,2529],[‘Age 60’, 3275,3021,2727,2445],[‘Age 70’, 3809,3525,3201,2895]]);var options = {title: ‘Deductible Levels and Ford Explorer Insurance Rates in Michigan’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 700,’chartArea’: {left:100,top:50,’width’: ‘100%’,’height’: ‘80%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},bar: {groupWidth: ‘80%’},colors: [‘#6791b9′,’#75a8d8′,’#98bee2′,’#bad4ec’],hAxis: {title: ‘Annual Insurance Cost for a Ford Explorer’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);formatter.format(data,4);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdfd’));chart.draw(data, options);}

The chart above illustrates that a 50-year-old driver could lower their policy premium by $572 a year by switching their comprehensive and collision coverages from a $100 deductible up to a $500 deductible, or save $868 by using a $1,000 deductible. Youthful drivers, such as the 20-year-old example, could roll back prices $1,434 annually by choosing a higher deductible.

When insureds make the decision to increase the deductibles on their policy, it is a good idea to have spare funds to enable you to pay the extra out-of-pocket expense, which is the main inconvenience of larger deductibles.

Careless driving habits raise Michigan car insurance rates

The recommended way to find the cheapest car insurance premiums for an Explorer is to drive safe and avoid at-fault accidents and violations. The chart below shows how traffic citations and at-fault accidents can drive up yearly insurance costs for different age groups of insureds. The costs are based on a married male 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’, ‘One Speeding Ticket and No Accidents’, ‘One Speeding Ticket and Two Accidents’],[‘Age 20’, 5745,6243,10673],[‘Age 30’, 3001,3499,7929],[‘Age 40’, 2901,3403,7835],[‘Age 50’, 2657,3155,7587],[‘Age 60’, 2605,3103,7535],[‘Age 70’, 3023,3521,7953]]);var options = {title: ‘Effect of Tickets and Claims on Michigan 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 Michigan’,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);}

The data in the chart shows the average cost of auto insurance in Michigan per year with no accidents and a clean driving record is $3,322. Get written up for one speeding ticket and the average cost increases to $3,821, an increase of $499 each year. Then throw in two accidents along with the one speeding ticket and the annual cost of car insurance for a Ford Explorer increases to an average of $8,252. That’s an increase of $4,930, or $411 per month, just for not driving carefully!

Find the cheapest insurance for a Ford Explorer in Michigan

Lowering your rates is not difficult, and here are some money-saving ideas that can help you buy lower-cost coverage.

• Bundle home or renters insurance to earn a discount on car insurance
• Drivers with good credit ratings often pay less
• Do not pay for full coverage on older vehicles
• Increase physical damage deductibles
• Vehicles with safetly features generally cost less to insure
• Pay for smaller claims out-of-pocket
• Check for cheaper rates once a year

The final tip is certainly crucial, as we noted in the article above. Insurance prices can be changed at any time, so drivers shouldn’t be resistant to change to a new company if you find a better deal.

Sticking with a specific company is fine, but it’s not a great idea if that dedication is costing lots of hard earned cash every month. Take a few minutes and shop around and find cheaper auto insurance for a Ford Explorer.

Best rates: Geico, Progressive, State Farm, or Allstate

When comparing rates for car insurance, probably the best companies to start with are Geico, Progressive, State Farm, and Allstate. The table below illustrates price, claims, and customer service ratings, as well as some optional coverages that are available from each company.