View 1992 Ford Explorer Insurance Rates

Pricey car insurance can dwindle your savings account and put the squeeze on your family’s finances. Comparing rate quotes can help to make ends meet.

Big companies like Progressive, Geico and Farmers Insurance all promote huge savings with ads and it can be hard to ignore the promise of big savings and effectively compare rates to find the best deal.

If you have car insurance now, you will most likely be able to cut costs considerably using these techniques. Choosing the best insurance company for you is easy if you know what you’re doing. But drivers should learn how insurance companies determine prices.

How to find the cheapest auto insurance

There are multiple methods to compare auto insurance quotes, but some are less labor-intensive and much quicker. You can waste hours talking to insurance agencies in your area, or you can stay home and use the internet to maximize your effort.

Many popular insurance companies are enrolled in a marketplace where prospective buyers submit their information once, and each company then returns a price quote based on that data. This prevents consumers from doing quote requests to each company.

To compare rates now click here (opens in new window).

The only drawback to doing it this way is that consumers can’t choose the insurers you want pricing from. So if you want to select specific providers to receive pricing from, we put together a list of low cost auto insurance companies in your area. View list of insurance companies.

Compare rates however you want, just ensure you are comparing the exact same coverage data for each comparison quote. If you compare higher or lower deductibles it’s not possible to get a fair rate comparison. Just slight variations in limits may result in a large different in cost. And when comparing auto insurance rates, know that more quotes will enable you to find more affordable rates.

Don’t be fooled by advertising claims

Well-known auto insurance companies like Progressive, Allstate and Geico seem to constantly run ads on TV and radio. All the companies tend to make the same promise that people will save if you change your auto insurance policy to them. How is it plausible that every one can give you a lower rate?

Different companies can use profiling for a prospective insured that earns them the most money. For example, this type of insured might be between the ages of 30 and 45, has no prior claims, and drives a safe vehicle. A customer who matches those parameters will get a cheap rate quote and will most likely save a lot if they switch.

Insureds who don’t measure up to these criteria must pay more expensive rates which usually ends up with the customer buying from a different company. The ad wording is “drivers that switch” not “everyone who quotes” save that much when switching. This is how insurance companies can confidently make those statements. Different companies use different criteria so it is so important to compare many company’s prices. It’s just not possible to know which insurance companies will be your best fit.

How to lower your insurance costs

Part of the car insurance buying process is learning some of the factors that help determine the price you pay for car insurance. If you have some idea of what positively or negatively impacts your premiums, this enables informed choices that could help you find big savings.

The itemized list below are some of the most common factors used by companies to determine rates.

  • Gals tend to cost less – Over the last 30 years, statistics show that females take fewer risks when driving. The data does not necessarily mean that females are better at driving than males. Both sexes are responsible for auto accidents in similar numbers, but the men cause more damage. Men also tend to have more aggressive citations such as driving while intoxicated (DWI) or driving recklessly.
  • Too many car insurance claims and you’ll pay more – If you tend to file frequent claims, you should expect either higher rates or even cancellation. Car insurance companies provide most affordable rates to policyholders who do not file claims often. Auto insurance is meant to be used in the event of claims that pose a financial burden.
  • Better rates for continuous coverage – Letting your insurance expire can be a quick way to increase your renewal premiums. Not only will you pay more, not being able to provide proof of insurance could earn you a hefty fine and possibly a revoked license.
  • Physical damage deductibles – Deductibles for physical damage represent how much money you are required to spend in the event of a claim. Physical damage insurance, aka comp and collision, is used to repair damage to your car. Some coverage claims could be colliding with a stationary object, vandalism, and damage caused by road hazards. The more of the claim you have to pay, the lower your rates will be on Explorer insurance.

These discounts can slash insurance rates

Car insurance companies don’t list every discount in an easy-to-find place, so we took the time to find some of the more common and also the more inconspicuous discounts that you may qualify for. If you don’t get every credit possible, you are just wasting money.

  • Discounts for Cautious Drivers – Drivers without accidents can pay as much as 50% less on Explorer insurance than drivers with accident claims.
  • Bundle and Save – If you insure your home and vehicles and place coverage with the same company you could save at least 10 to 15 percent or more.
  • Student Discounts – Excelling in school may save as much as 25% on a car insurance quote. Most companies allow this discount up to age 25.
  • Air Bags and Passive Restraints – Vehicles with factory air bags or motorized seat belts can get savings of more than 20%.
  • Sign Early and Save – Some insurance companies reward drivers for buying a new policy before your current coverage expires. It could save around 10% when you buy car insurance online.
  • Senior Citizen Rates – Seniors can get lower premium rates on Explorer insurance.
  • Safety Restraint Discount – Drivers who require all vehicle occupants to buckle their seat belts can save up to 15% on medical payment and PIP coverage.
  • Government Employee Discount – Active or former government employment may qualify for a discount when you quote car insurance on Explorer insurance with certain companies.
  • Online Discount – Some of the larger companies will provide an incentive for buying a policy and signing up on your computer.

It’s important to understand that some of the credits will not apply to all coverage premiums. Most cut individual premiums such as comp or med pay. So even though they make it sound like it’s possible to get free car insurance, insurance companies wouldn’t stay in business.

If you would like to choose from a list of insurance companies that offer multiple discounts, click here.

When do I need an agent’s advice?

When buying the right insurance coverage, there is no “perfect” insurance plan. Everyone’s situation is a little different so your insurance needs to address that. Here are some questions about coverages that can aid in determining if your situation will benefit from professional help.

  • What if I owe more than I can insure my car for?
  • Does my policy cover me when driving someone else’s vehicle?
  • What is the ISO rating for a 1992 Ford Explorer?
  • Is a fancy paint job covered?
  • Do I really need UM/UIM coverage?
  • Is my dog or cat covered if injured in an accident?
  • Should I buy more coverage than the required minimum liability coverage?

If you can’t answer these questions, you may need to chat with a licensed insurance agent. If you don’t have a local agent, complete this form or you can go here for a list of companies in your area.

Auto insurance policy coverages for a Ford Explorer

Learning about specific coverages of a auto insurance policy helps when choosing the best coverages at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording. These are typical coverage types found on the average auto insurance policy.

Coverage for liability

This coverage protects you from damage that occurs to a person or their property that is your fault. It protects YOU against claims from other people, and doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 50/100/50 that translate to $50,000 bodily injury coverage, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.

Liability insurance covers claims like court costs, bail bonds, legal defense fees, emergency aid and medical expenses. How much coverage you buy is a decision to put some thought into, but buy higher limits if possible.

Medical payments coverage and PIP

Med pay and PIP coverage provide coverage for bills for doctor visits, rehabilitation expenses, pain medications and nursing services. They can be used in conjunction with a health insurance policy or if you lack health insurance entirely. Coverage applies to all vehicle occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state and may carry a deductible

Coverage for collisions

This will pay to fix damage to your Explorer caused by collision with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as driving through your garage door, sideswiping another vehicle, crashing into a building, scraping a guard rail and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to raise the deductible to save money on collision insurance.

Comprehensive coverage

This pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like damage from getting keyed, a tree branch falling on your vehicle, rock chips in glass and vandalism. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage provides protection from other motorists when they either have no liability insurance or not enough. Covered claims include injuries to you and your family and damage to your 1992 Ford Explorer.

Due to the fact that many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked.

Better coverage you can count on

Cheaper insurance can be purchased both online and from local insurance agents, so you need to shop car insurance with both to have the best selection. Some insurance companies may not provide rates over the internet and usually these small insurance companies sell through independent insurance agents.

We just showed you a lot of information how to get a better price on 1992 Ford Explorer insurance. The most important thing to understand is the more you quote car insurance, the higher your chance of finding cheaper car insurance. You may even discover the best car insurance rates are with the least-expected company. They may have significantly lower premium rates on certain market segments compared to the large companies like State Farm, Geico and Nationwide.

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