View 2003 Ford Explorer Sport Trac Car Insurance Cost

Finding lower rates for insurance coverage can seem to be hard for beginners to shopping for insurance online. There are so many options that it can easily become a challenge to find lower rates.

Compare Car Insurance Today

To find the best car insurance prices, there are several ways of comparing rate quotes and find the best price. The quickest method to find the lowest 2003 Ford Explorer Sport Trac rates is to get quotes online. This is very easy and can be done in just a few minutes using one of these methods.

  1. The single most time-saving way to find low rates is to use a rate comparison form click here to open form in new window. This easy form prevents you from having to do repetitive form entry for each company. Filling out one form will return price quotes from car insurance companies with the best prices. It’s definitely the quickest method.
  2. A less efficient way to get quotes online requires a trip to each individual company website to complete their respective quote request forms. For sake of this example, we’ll assume you want to compare rates from Auto-Owners, Liberty Mutual and GEICO. To get rate quotes you would need to spend time on each company’s site and enter your policy data, and that’s why the first method is more popular. For a handy list of car insurance company links in your area, click here.
  3. The most time-consuming method to get comparison rates is to spend your day driving to local insurance agencies. Shopping for car insurance online has reduced the need for local agents unless you require the personal advice of a licensed agent. It is possible to price shop your coverage online and still use a local agent and we’ll talk about that later.

It’s up to you how you get prices quotes, just be sure to compare the exact same quote information with each company. If your comparisons have different deductibles it’s impossible to truly determine the lowest rate. Slightly different coverages can result in a big premium difference. And when price shopping your coverage, obtaining a wide range of quotes helps locate the best rates.

Discounts are available to cut your rates

Car insurance is not cheap, but companies offer discounts that many people don’t even know exist. Certain discounts will be applied at the time of quoting, but a few must be manually applied before they will apply.

  • Federal Employees – Being employed by or retired from a federal job can earn a discount up to 10% on Explorer Sport Trac coverage depending on your company.
  • College Student – Kids in college living away from home attending college without a vehicle on campus may be able to be covered for less.
  • Anti-lock Brake Discount – Cars that have steering control and anti-lock brakes are safer to drive and will save you 10% or more.
  • Organization Discounts – Affiliation with a qualifying organization could trigger savings on insurance on Explorer Sport Trac coverage.
  • Senior Citizens – If you qualify as a senior citizen, you may be able to get a small decrease in premiums on Explorer Sport Trac coverage.
  • Payment Method – By paying your policy upfront instead of paying each month you could save up to 5%.
  • Theft Prevention System – Vehicles with anti-theft systems can help prevent theft and qualify for as much as a 10% discount.
  • Discount for Swiching Early – Some companies give discounts for buying a policy before your current policy expires. The savings is around 10%.
  • Multiple Policy Discount – If you have multiple policies with the same insurance company you could get a discount of at least 10% off all policies.
  • Passive Restraints and Air Bags – Vehicles equipped with air bags and/or automatic seat belt systems can get savings of more than 20%.

As a disclaimer on discounts, most of the big mark downs will not be given to the entire cost. Some only apply to specific coverage prices like comp or med pay. So despite the fact that it appears you could get a free insurance policy, you won’t be that lucky. Any amount of discount will reduce your overall premium however.

Insurance companies that may offer some of the above discounts are:

Double check with each insurance company which discounts you may be entitled to. Savings may not be available in your area.

Everyone needs different coverages

When it comes to buying proper insurance coverage, there really is not a perfect coverage plan. Your needs are not the same as everyone else’s.

Here are some questions about coverages that might help in determining if your situation might need an agent’s assistance.

  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Do I pay less if my vehicle is kept in my garage?
  • Should I have a commercial auto policy?
  • Is upholstery damage covered by car insurance?
  • Does car insurance cover theft of personal property?
  • Should I buy full coverage?
  • Am I covered if I break a side mirror?

If you can’t answer these questions but you know they apply to you, you might consider talking to an insurance agent. If you want to speak to an agent in your area, simply complete this short form.

These factors can influence Ford Explorer Sport Trac insurance rates

It’s important that you understand the factors that play a part in calculating the price you pay for auto insurance. Understanding what impacts premium levels enables informed choices that can help you get lower auto insurance prices.

Shown below are a partial list of the pieces auto insurance companies consider when setting your rates.

  • Higher deductibles cost less – Insurance for physical damage to your car, otherwise known as comp (or other than collision) and collision, protects your Ford from damage. A few examples of covered claims are collision with another vehicle, damage caused by hail, and burglary. Deductibles for physical damage are the amount of money you are willing to pay before your auto insurance pays a claim. The more you have to pay, the less your auto insurance will be on Explorer Sport Trac coverage.
  • Where you live – Choosing to live in a rural area can save you money when talking about auto insurance. Drivers who live in large cities tend to have traffic congestion and much longer commute distances. Fewer people means a lower chance of having an accident.
  • Bundling policies can get discounts – The majority of insurers provide better rates to insureds who consolidate policies with them, otherwise known as a multi-policy discount. Even with this discount, it’s still a good idea to compare rates to confirm you are receiving the best rates possible.
  • Don’t let your coverage lapse – Letting your insurance expire will be a sure-fire way to increase your auto insurance rates. Not only will you pay more, failure to provide proof of insurance might get you a hefty fine and possibly a revoked license.Then you may be required to submit proof of financial responsibility or a SR-22 with your state motor vehicle department to get your license reinstated.

Insurance policy specifics

Understanding the coverages of your policy can help you determine the right coverages and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy.

Liability coverages

This provides protection from damage that occurs to other people or property that is your fault. This insurance protects YOU from claims by other people. It does not cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 100/300/100 which stand for $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property. Another option is a combined single limit or CSL which provides one coverage limit rather than limiting it on a per person basis.

Liability insurance covers things like court costs, legal defense fees, medical expenses and medical services. How much coverage you buy is up to you, but buy as much as you can afford.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP pay for bills such as hospital visits, rehabilitation expenses, EMT expenses and funeral costs. They can be used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. It covers all vehicle occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is only offered in select states and may carry a deductible

Comprehensive insurance

This coverage will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things like damage from flooding, a tree branch falling on your vehicle, fire damage and a broken windshield. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Coverage for collisions

This pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims such as hitting a mailbox, hitting a parking meter, colliding with another moving vehicle, colliding with a tree and crashing into a building. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to bump up the deductible in order to get cheaper collision rates.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage protects you and your vehicle from other motorists when they either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants and also any damage incurred to your Ford Explorer Sport Trac.

Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea. Most of the time your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Spend less. Save more.

Lower-priced 2003 Ford Explorer Sport Trac insurance can be sourced from both online companies and also from your neighborhood agents, so you should be comparing quotes from both so you have a total pricing picture. There are still a few companies who may not provide online quoting and these small insurance companies work with independent agents.

Drivers switch companies for a variety of reasons including extreme rates for teen drivers, delays in paying claims, an unsatisfactory settlement offer and policy non-renewal. It doesn’t matter why you want to switch finding a new company is pretty simple and you could end up saving a buck or two.

When trying to cut insurance costs, don’t be tempted to skimp on coverage in order to save money. There are too many instances where an insured dropped liability limits or collision coverage to discover at claim time that the savings was not a smart move. Your goal should be to buy enough coverage at a price you can afford.

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