2007 Ford Expedition EL Car Insurance Rates – 10 Tips to Save

Looking for lower insurance coverage rates for your Ford Expedition EL? Did you fall for a flashy sales pitch and buy high-priced insurance coverage? Believe me when I say there are a lot of people just like you who feel imprisoned by their insurance coverage policy.

Lots of insurance companies contend for your business, and because of this it can be hard to compare auto insurance companies to discover the definitive lowest rate

If you have car insurance now, you should be able to lower your premiums substantially using these methods. Finding affordable coverage is not that difficult. Although car owners need to have an understanding of how insurance companies price insurance differently and apply this information to your search.

More discounts equal less premium

Car insurance can cost a lot, but there could be available discounts to cut the cost considerably. Most are applied when you quote, but a few must be inquired about before being credited.

  • Homeowners Pay Less – Simply owning a home can save you money because owning a home requires personal responsibility.
  • Drivers Education – Cut your cost by having your teen driver successfully complete driver’s ed class if offered at their school.
  • College Student – Any of your kids living away from home attending college without a vehicle on campus may be able to be covered for less.
  • Seat Belts Save – Buckling up and requiring all passengers to use a seat belt can save up to 15% off the personal injury premium cost.
  • Air Bag Discount – Vehicles equipped with air bags or automatic seat belts can get savings of more than 20%.
  • Early Signing – Some insurance companies reward drivers for signing up before your current expiration date. This can save 10% or more.
  • Theft Prevention Discount – Anti-theft and alarm systems are stolen less frequently and qualify for as much as a 10% discount.
  • Multiple Vehicles – Insuring multiple vehicles on the same car insurance policy can get a discount on all vehicles.
  • Military Discounts – Having a deployed family member could be rewarded with lower premiums.
  • Drive Safe and Save – Drivers who don’t get into accidents can pay as much as 50% less for Expedition EL coverage than their less cautious counterparts.

It’s important to understand that most discount credits are not given to the entire cost. Some only reduce the price of certain insurance coverages like liability and collision coverage. So even though it sounds like all those discounts means the company will pay you, car insurance companies aren’t that generous. Any qualifying discounts will bring down your overall premium however.

A partial list of companies that may have these benefits include:

Double check with each insurance company which discounts they offer. Savings might not apply in your area.

It’s not one size fits all

When it comes to choosing adequate coverage, there really is no “best” method to buy coverage. Your needs are not the same as everyone else’s and your policy should reflect that. Here are some questions about coverages that may help highlight whether or not you might need professional guidance.

  • Am I covered when driving in Canada or Mexico?
  • I have good health insurance, so how much medical payments coverage do I need?
  • Am I covered when pulling a rental trailer?
  • Why do I only qualify for high-risk insurance?
  • What is roadside assistance coverage?
  • Does my policy cover me when driving someone else’s vehicle?
  • Am I covered when delivering products for my home-based business?
  • Are my friends covered when driving my car?

If it’s difficult to answer those questions but a few of them apply, you might consider talking to a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area.

Learn about auto insurance coverages for a Ford Expedition EL

Knowing the specifics of your auto insurance policy aids in choosing appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording. These are typical coverages available from auto insurance companies.

UM/UIM Coverage

Your UM/UIM coverage provides protection when the “other guys” either have no liability insurance or not enough. Covered claims include hospital bills for your injuries and also any damage incurred to your Ford Expedition EL.

Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family. Most of the time these limits do not exceed the liability coverage limits.

Coverage for collisions

This pays for damage to your Expedition EL caused by collision with another car or object. A deductible applies then your collision coverage will kick in.

Collision can pay for things like hitting a mailbox, colliding with a tree, crashing into a building, colliding with another moving vehicle and scraping a guard rail. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to increase the deductible to get cheaper collision coverage.

Comprehensive or Other Than Collision

Comprehensive insurance will pay to fix damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like a tree branch falling on your vehicle, vandalism, falling objects, hail damage and rock chips in glass. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Medical costs insurance

Med pay and PIP coverage provide coverage for immediate expenses like EMT expenses, doctor visits and ambulance fees. They are often used to fill the gap from your health insurance policy or if you do not have health coverage. They cover not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. PIP is not universally available and gives slightly broader coverage than med pay

Liability coverages

This coverage protects you from damage that occurs to other people or property by causing an accident. Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 50/100/50 that translate to a limit of $50,000 per injured person, $100,000 for the entire accident, and $50,000 of coverage for damaged propery. Alternatively, you may have one limit called combined single limit (CSL) which provides one coverage limit with no separate limits for injury or property damage.

Liability can pay for things like pain and suffering, repair bills for other people’s vehicles and funeral expenses. The amount of liability coverage you purchase is up to you, but buy as large an amount as possible.

Be a smart shopper

When buying insurance coverage, do not reduce needed coverages to save money. In too many instances, an insured dropped uninsured motorist or liability limits and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. Your aim should be to buy a smart amount of coverage at the best price, not the least amount of coverage.

Budget-conscious 2007 Ford Expedition EL insurance can be sourced from both online companies in addition to many insurance agents, so you should be comparing quotes from both to get a complete price analysis. Some insurance companies do not provide you the ability to get quotes online and most of the time these small insurance companies sell through independent agents.

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