How Much Does 2024 Ford Explorer Insurance Cost?

Trying to find better insurance coverage rates for your Ford Explorer? Searching for better insurance prices for a Ford Explorer can be an all-consuming task, but you can learn our insurance coverage buying tips and make it easy. There are more efficient ways to shop for insurance coverage so we’re going to tell you the proper way to get price quotes for your Ford and obtain the lowest possible price from both online companies and local agents.

It’s a good habit to compare prices on a regular basis since insurance prices are adjusted regularly by insurance companies. Just because you found the best deal for Explorer insurance two years ago other companies may now be cheaper. You’ll find quite a bit of inaccurate information about insurance coverage online, but we’re going to give you the best ways to slash your insurance coverage rates.

How to get the cheapest insurance

All the larger insurance companies like 21st Century, Allstate and State Farm provide prices for coverage on their websites. Getting quotes doesn’t take a lot of time because you just enter the amount of coverage you want into a form. When complete, the quote system obtains your credit score and driving record and returns a price based on the data you entered.

Online price estimates makes it simple to compare prices but the time it takes to visit different websites and type in the same data can get tiresome after awhile. But it’s necessary to get many rate quotes if you want to find a lower rate.

There is an easier way!

The easiest way to find lower prices makes use of a single form to get prices from many companies. It saves time, requires less work, and makes online shopping much more efficient. Once the form is submitted, it is quoted and you are able to buy any of the quotes returned. If a lower price is quoted, you can simply submit the application and buy the new coverage. It only takes a few minutes and you will find out if you’re overpaying now.

To quickly find out how much you’re overpaying now, simply enter your zip code here and enter your information. To compare your current rates, we recommend you input the coverage information as shown on your current policy. Doing this guarantees you are getting an apples-to-apples comparison for similar insurance coverage.

Discount insurance quotes

Not many people think insurance is cheap, but there are discounts available that may help make it more affordable. Certain reductions will be credited at the time of quoting, but a few need to be inquired about before you will receive the discount. If you check and find you aren’t receiving every discount available, you may be paying too high a price.

• Lower Rates for Military – Having a family member in the military could trigger a small discount.
• Bundle and Save – If you combine your home and auto policies with one company they may give you a discount of 10% to 20% off each policy.
• Professional Memberships – Belonging to a civic or occupational organization is a simple method to lower premiums on your next insurance statement.
• Use Seat Belts – Requiring all passengers to buckle up before driving can save a little on the medical payments or PIP coverage costs.
• Passive Restraints and Air Bags – Cars that have air bags or motorized seat belts can get savings up to 30%.
• Telematics Devices – Insureds that choose to allow their insurance company to scrutinize driving manner remotely such as Progressive’s Snapshot and State Farm’s In-Drive might get better premium rates if they are good drivers.
• One Accident Forgiven – This one isn’t a discount, but a few companies such as Allstate and GEICO permit an accident before they charge you more for coverage with the catch being you have to be claim-free for a set time period.
• Drive Less and Save – Driving fewer miles could earn slightly better rates than normal.

Drivers should understand that most credits do not apply to the whole policy. Some only reduce the cost of specific coverages such as liability, collision or medical payments. Despite the fact that it seems like you would end up receiving a 100% discount, it’s just not the way it works.

A list of companies and their offered discounts are outlined below.

• Progressive may have discounts that include online signing, multi-vehicle, good student, multi-policy, and homeowner.
• GEICO has discounts for multi-policy, air bags, seat belt use, anti-theft, five-year accident-free, driver training, and federal employee.
• State Farm offers premium reductions for passive restraint, anti-theft, student away at school, accident-free, multiple autos, and multiple policy.
• Esurance offers discounts including multi-car, renters, paid-in-full, online shopper, and DriveSense.
• The Hartford may offer discounts for driver training, good student, vehicle fuel type, defensive driver, bundle, and air bag.

Before purchasing a policy, check with each insurance company the best way to save money. A few discounts might not be offered on policies in your area. If you would like to view providers who offer free insurance quotes, enter your zip code here.

Tailor your car insurance coverage to you

When buying the right insurance coverage for your vehicles, there really is not a “best” method to buy coverage. Everyone’s needs are different.

These are some specific questions might help in determining whether or not you would benefit from an agent’s advice.

• Is extra glass coverage worth it?
• Do I get a pro-rated refund if I cancel my policy early?
• Can I afford low physical damage deductibles?
• When should I buy a commercial auto policy?
• When should my teen driver be added to my policy?
• Which companies will insure high-risk drivers?

If you’re not sure about those questions, you may need to chat with a licensed agent. If you don’t have a local agent, fill out your zip code. It’s fast, doesn’t cost anything and may give you better protection.

Components of your Ford Explorer insurance premiums

Many different elements are used in the calculation when you get a price on insurance. Most are fairly basic like your driving record, but some are more obscure such as your marital status or your vehicle rating.

The following are just a few of the factors used by companies to determine your rates.

• Little extras can really add up – There are a lot of additional coverages that may not really be needed on your insurance policy. Add-on coverages like coverage for rental cars, towing, and membership fees may be costing you every month. They may seem good when discussing your needs, but now you might not need them so get rid of them and save.
• How old are your drivers? – Older insureds tend to be more responsible, tend to file fewer claims and are safer drivers. Young drivers are proven to get distracted easily when driving so they pay higher insurance rates.
• How much liability protection do you need? – Your insurance policy’s liability coverage is the protection if a jury decides you are liable for damages caused by your negligence. Your liability coverage provides legal defense starting from day one. Liability is cheap compared to insuring for physical damage coverage, so insureds should have plenty of protection for their assets.
• Is your vehicle theft-ready? – Purchasing a vehicle that has an advanced theft prevention system can help lower your rates. Anti-theft devices such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all help prevent car theft.
• Females tend to cost less – The statistics show females are less aggressive when driving. That doesn’t necessarily mean that women are better drivers. Men and women get in accidents at about the same rate, but men cause more damage and cost insurance companies more money. Not only are claims higher, but men have more aggressive citations like driving under the influence (DUI). Young males generally have the highest accident percentage and thus pay the highest rates.

The car insurance bait and switch

Drivers can’t get away from ads that promise big savings from companies such as 21st Century, Allstate and State Farm. They all advertise the message about how much you will save just by moving your car insurance policy to them.

But how can every company save you money? It’s all in how they say it.

Different companies are able to cherry pick for the type of driver that makes them money. For example, a driver they prefer could possibly be between 30 and 50, has a clear driving record, and drives a vehicle with a low ISO rating. A prospective insured who fits those characteristics will get a cheap rate quote and most likely will cut their rates substantially.

Consumers who cannot meet the requirements will be quoted a more expensive rate which usually ends up with business not being written. The trick companies use is to say “drivers that switch” not “everyone that quotes” save that kind of money. That is how companies can truthfully advertise the way they do. Each company has different criteria, so you need to quote coverage with many companies. It is just not possible to predict with any certainty which company will have the lowest rates.

Car insurance coverage options for a Ford Explorer

Knowing the specifics of your car insurance policy can help you determine the right coverages at the best deductibles and correct limits. Car insurance terms can be difficult to understand and even agents have difficulty translating policy wording.

Collision insurance

Collision coverage will pay to fix damage to your Explorer caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for claims like scraping a guard rail, colliding with a tree, damaging your car on a curb and hitting a mailbox. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. You can also choose a higher deductible to get cheaper collision coverage.

Comprehensive coverage (or Other than Collision)

This coverage pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for things such as theft, damage from a tornado or hurricane, hitting a bird and damage from flooding. The maximum payout your car insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Insurance for medical payments

Med pay and PIP coverage provide coverage for immediate expenses like surgery, dental work, funeral costs, chiropractic care and EMT expenses. They are used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. They cover both the driver and occupants and also covers any family member struck as a pedestrian. PIP is not an option in every state and gives slightly broader coverage than med pay

Liability car insurance

Liability insurance can cover damage that occurs to other people or property that is your fault. It protects YOU from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 50/100/50 which means a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged property.

Liability coverage protects against claims such as legal defense fees, medical services, medical expenses and bail bonds. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy as large an amount as possible.

Uninsured Motorist or Underinsured Motorist insurance

This gives you protection from other drivers when they either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries and damage to your Ford Explorer.

Since many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important.

Have the Midas touch

When trying to cut insurance costs, make sure you don’t reduce needed coverages to save money. Too many times, someone dropped full coverage only to regret at claim time that the savings was not a smart move. The proper strategy is to find the BEST coverage at a price you can afford and still be able to protect your assets.

Cheaper 2024 Ford Explorer insurance is possible from both online companies in addition to local insurance agencies, and you should be comparing both to get a complete price analysis. Some car insurance companies don’t offer rates over the internet and many times these smaller providers prefer to sell through independent insurance agencies.

Insureds leave their current company for many reasons like high prices, poor customer service, being labeled a high risk driver and questionable increases in premium. Whatever your reason, finding a great new company is less work than it seems.