2001 Ford Explorer Insurance Cost

Buyers have a choice when searching for the lowest priced Ford Explorer insurance. They can either spend hours driving around to get rate comparisons or use the internet to get rate quotes. There are more efficient ways to compare auto insurance rates so we’re going to tell you the absolute fastest way to get price quotes for a Ford and find the lowest price from both online companies and local agents.

If you have insurance now or are just looking to switch companies, you can use these tips to cut your premiums while maximizing coverage. This information will help you learn how car insurance quotes work and some tricks to saving. Vehicle owners only need to know the most effective way to find the lowest price over the internet.

Take policy discounts and save

Not many people think insurance is cheap, but you might already qualify for some discounts that many people don’t even know exist. Some discounts apply automatically when you get a quote, but some may not be applied and must be specifically requested before being credited.

  • Online Discount – Some insurance companies may give you up to $50 for buying your policy on the internet.
  • Theft Deterent System – Anti-theft and alarm system equipped vehicles help deter theft and will qualify for a discount on a car insurance quote.
  • Homeowners Discount – Owning a home may trigger a policy discount on insurance coverage because owning a home shows financial diligence.
  • No Accidents – Drivers who don’t have accidents get the best insurance coverage rates when compared with bad drivers.
  • Multiple Cars – Buying insurance for more than one vehicle on one policy qualifies for this discount.
  • One Accident Forgiven – Not necessarily a discount, but a handful of insurance companies will forgive one accident before they charge you more for coverage so long as you haven’t had any claims for a specific time period.
  • Telematics Discount – Drivers who agree to allow companies to monitor vehicle usage remotely such as Allstate’s Drivewise and State Farm’s In-Drive system could possibly reduce rates if they are good drivers.
  • Multi-line Discount – Select insurance coverage companies reward you with better insurance coveragerates if you take out some life insurance too.
  • Discount for Good Grades – Maintaining excellent grades can be rewarded with saving of up to 25%. The good student discount can last up until you turn 25.
  • Senior Discount – Drivers over the age of 55 can get a small discount on rates on Explorer coverage.

We need to note that some of the credits will not apply to all coverage premiums. Most only cut individual premiums such as medical payments or collision. So even though they make it sound like all the discounts add up to a free policy, company stockholders wouldn’t be very happy. But any discount will definitely reduce the amount you pay for coverage.

Popular insurance coverage companies and some of the premium reductions they offer include:

  • Geico policyholders can earn discounts including emergency military deployment, anti-lock brakes, five-year accident-free, multi-policy, military active duty, and daytime running lights.
  • Travelers may offer discounts for payment discounts, IntelliDrive, student away at school, save driver, driver training, and home ownership.
  • Farm Bureau has discounts for multi-policy, youthful driver, driver training, multi-vehicle, and safe driver.
  • Liberty Mutual may have discounts that include new graduate, safety features, multi-policy, good student, and newly married.
  • American Family includes discounts for good driver, Steer into Savings, bundled insurance, mySafetyValet, defensive driver, air bags, and accident-free.
  • Progressive offers premium reductions for homeowner, multi-policy, multi-vehicle, good student, online signing, and continuous coverage.

Before purchasing a policy, check with each company or agent which discounts can lower your rates. Some of the earlier mentioned discounts may not apply to policyholders in every state. To locate insurance companies that can offer you the previously mentioned discounts, follow this link.

How to get the cheapest auto insurance

Most companies provide insurance quotes directly from their websites. Comparing rates online is easy for anyone as you simply enter your required coverages into the quote form. After you complete the form, their system obtains your driving and credit reports and generates pricing information based on the information you submitted.

Online price estimates makes comparing rates easy, but the work required to visit a lot of sites and type in the same data gets old quite quickly. But it’s very important to perform this step if you are searching for the best price possible.

A less time-consuming method to find lower prices utilizes a single form that gets price quotes from a lot of companies. This type of form saves time, eliminates repetitive work, and makes online price comparison much more efficient. After your information is entered, it is rated and you can select your choice of the quotes that you receive. If one or more price quotes are lower than your current rates, you simply finish the application and buy the new coverage. The whole process only takes a few minutes and may save quite a bit of money.

To use this form to compare rates, click here and begin entering your coverage information. To compare your current rates, we recommend that you enter the limits and deductibles just like they are on your policy. This guarantees you will get a price comparison for the exact same coverage.

Which policy gives me the best coverage?

When choosing adequate coverage, there is no single plan that fits everyone. Every situation is different.

Here are some questions about coverages that can aid in determining whether or not you will benefit from professional help.

  • Is my nanny covered when driving my vehicle?
  • Does my policy cover me when driving someone else’s vehicle?
  • Can I afford to pay high deductible claims out of pocket?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • What is the ISO rating for a 2001 Ford Explorer?
  • Do I have coverage when pulling a U-Haul trailer?
  • Who is covered by my policy?
  • Should I have a commercial auto policy?
  • Are rental cars covered under my policy?

If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to an insurance agent. To find an agent in your area, fill out this quick form. It is quick, free and can provide invaluable advice.

Specific coverages for a Ford Explorer

Understanding the coverages of your insurance policy helps when choosing appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring.

Auto liability insurance – Liability insurance provides protection from damages or injuries you inflict on a person or their property by causing an accident. This coverage protects you against other people’s claims. It does not cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have limits of 100/300/100 that translate to a $100,000 limit per person for injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.

Liability can pay for claims like attorney fees, emergency aid, court costs and pain and suffering. The amount of liability coverage you purchase is a decision to put some thought into, but buy as large an amount as possible.

Comprehensive insurance – This pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims like a broken windshield, damage from getting keyed, hail damage, theft and hitting a deer. The maximum payout you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Collision – Collision coverage pays for damage to your Explorer caused by collision with another car or object. You will need to pay your deductible then your collision coverage will kick in.

Collision can pay for things such as rolling your car, hitting a mailbox and sustaining damage from a pot hole. Collision is rather expensive coverage, so consider dropping it from lower value vehicles. It’s also possible to choose a higher deductible in order to get cheaper collision rates.

Med pay and Personal Injury Protection (PIP) – Coverage for medical payments and/or PIP pay for immediate expenses like doctor visits, ambulance fees and funeral costs. The coverages can be used in conjunction with a health insurance policy or if you are not covered by health insurance. They cover all vehicle occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist (UM/UIM) – This gives you protection when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Ford Explorer.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked.

In conclusion

As you restructure your insurance plan, you should never buy less coverage just to save a little money. In many cases, someone dropped full coverage only to find out that it was a big mistake. The goal is to buy a smart amount of coverage at the best price but still have enough coverage for asset protection.

People switch companies for any number of reasons including poor customer service, an unsatisfactory settlement offer, lack of trust in their agent or high rates after DUI convictions. Regardless of your reason for switching companies, finding a new auto insurance company is not as hard as you think.

Cheap 2001 Ford Explorer insurance can be bought on the web as well as from insurance agents, so you need to quote car insurance with both to get a complete price analysis. Some insurance companies may not have the ability to get a quote online and many times these smaller companies provide coverage only through independent agents.

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