Searching for low-cost insurance for a Ford Explorer can turn out to be difficult, but you can follow the following methods to make it easier.
There is a right way and a wrong way to buy auto insurance so we’re going to tell you the absolute fastest way to compare rates on a Ford and obtain the lowest price.
Comparing insurance rates can be exhausting if you aren’t aware of the easiest way. You can spend your afternoon talking to local insurance agents in your area, or you can utilize the web to accomplish the same thing much quicker.
Many popular insurance companies participate in an industry program where insurance shoppers only type in their quote data once, and each participating company then gives them pricing for coverage. This prevents consumers from doing quotation requests to every company.
To use this form to compare 2003 Ford Explorer insurance rates click here to start a free quote.
The only drawback to pricing coverage this way is buyers cannot specifically choose which providers you want to price. So if you want to choose specific insurance companies to compare, we have a page of insurance companies in your area. Click to view list.
Whichever method you choose, ensure you’re using identical information with every price quote. If the quotes have different deductibles you will not be able to make a fair comparison for your Ford Explorer.
The price of auto insurance can be rather high, but there are discounts available to reduce the price significantly. Certain discounts will be triggered automatically at the time of purchase, but a few must be specifically requested prior to receiving the credit. If you don’t get every credit available, you’re paying more than you need to.
It’s important to understand that some credits don’t apply the the whole policy. Most only reduce the cost of specific coverages such as physical damage coverage or medical payments. So when it seems like it’s possible to get free car insurance, companies don’t profit that way. Any qualifying discounts will bring down the amount you have to pay.
For a list of providers with the best car insurance discounts, follow this link.
When buying the right insurance coverage for your personal vehicles, there isn’t really a one size fits all plan. Every insured’s situation is different.
For example, these questions might help in determining whether your personal situation might need an agent’s assistance.
If you can’t answer these questions but you think they might apply to your situation then you might want to talk to a licensed agent. To find lower rates from a local agent, simply complete this short form. It is quick, free and may give you better protection.
Consumers can’t get away from ads for car insurance savings from the likes of Allstate, GEICO and Progressive. All the ads have a common claim of big savings if you move your coverage to them.
How does each company make almost identical claims?
All companies have a certain “appetite” for the driver that makes them money. For instance, a driver they prefer might be profiled as between the ages of 40 and 55, is a homeowner, and has great credit. A customer getting a price quote who fits that profile is entitled to the best price and most likely will save when switching.
Potential insureds who don’t qualify for this ideal profile will be charged a higher premium and ends up with business going elsewhere. The ads say “customers that switch” not “everybody who quotes” save that much money. That’s why insurance companies can state the savings.
That is why you need to get as many comparisons as possible. It is impossible to predict which insurance company will give you the biggest savings on Ford Explorer insurance.
Having a good grasp of insurance can help you determine which coverages you need at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and coverage can change by endorsement.
Comprehensive coverage (or Other than Collision)
This coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.
Comprehensive can pay for claims such as falling objects, a broken windshield, fire damage, a tree branch falling on your vehicle and theft. The maximum amount your insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.
This coverage can cover injuries or damage you cause to other people or property. Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have values of 50/100/50 that translate to a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery. Occasionally you may see a combined limit which combines the three limits into one amount rather than limiting it on a per person basis.
Liability insurance covers claims such as pain and suffering, medical services and bail bonds. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase higher limits if possible.
Collision coverage protection
This coverage will pay to fix damage to your Explorer from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.
Collision can pay for claims such as hitting a parking meter, colliding with another moving vehicle, driving through your garage door, scraping a guard rail and backing into a parked car. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. It’s also possible to raise the deductible to get cheaper collision coverage.
Uninsured Motorist or Underinsured Motorist insurance
Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Ford Explorer.
Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked. Usually these coverages are set the same as your liablity limits.
Insurance for medical payments
Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses like doctor visits, prosthetic devices and dental work. They are often used to fill the gap from your health insurance program or if you are not covered by health insurance. They cover all vehicle occupants and will also cover being hit by a car walking across the street. PIP is not available in all states and gives slightly broader coverage than med pay
Low-cost 2003 Ford Explorer insurance can be found both online in addition to many insurance agents, so you should compare both in order to have the best chance of saving money. A few companies do not provide online price quotes and these regional insurance providers work with independent agents.
People switch companies for a number of reasons such as delays in responding to claim requests, unfair underwriting practices, lack of trust in their agent or even being labeled a high risk driver. Whatever your reason, finding a new company can be easier than you think.
When trying to cut insurance costs, make sure you don’t reduce coverage to reduce premium. Too many times, an accident victim reduced comprehensive coverage or liability limits only to regret at claim time that they should have had better coverage. Your strategy should be to purchase a proper amount of coverage at a price you can afford while still protecting your assets.