2001 Ford Explorer Sport Insurance Cost

Are you burned out from scraping the payment together to insure your Ford every month? You are in the same boat as the majority of other vehicle owners.

Vehicle owners have so many insurance companies to buy insurance from, and though it is a good thing to have a selection, more choices can make it harder to adequately compare rates.

You should make it a habit to get comparison quotes before your next renewal because insurance prices are variable and change quite frequently. Even if you got the lowest rate on Explorer Sport insurance six months ago you can probably find a lower rate today. Block out anything you think you know about car insurance because we’re going to show you how to use online quotes to find better rates and still maintain coverage.

The purpose of this post is to tell you how to get online quotes. If you currently have car insurance, you stand a good chance to be able to lower your premiums substantially using these tips. Although car owners must understand how insurance companies sell online and apply this information to your search.

Ford Explorer Sport insurance costs can be reduced

Many different elements are taken into consideration when you quote your car insurance policy. Some of the criteria are obvious like a motor vehicle report, although some other factors are more transparent like your vehicle usage or how safe your car is.

The factors shown below are most of the major factors insurance companies consider when setting prices.

  • Your employer is a factor – Do you have a high-stress occupation? Occupational choices like real estate brokers, social workers and stock brokers generally pay higher rates than the rest of us due to stressful work requirements and lots of time spent away from family. On the other hand, jobs such as farmers, engineers and retirees pay lower than average rates on Explorer Sport insurance.
  • Never let your policy expire – Having a gap between insurance policy dates is a quick way to drive up your policy premiums. Not only will rates go up, failure to provide proof of insurance can result in fines or a revoked license.
  • Pay more if you have a long commute – Being located in less populated areas of the country is a positive aspect if you are looking for the lowest rates. Less people translates into fewer accidents as well as less vandalism and auto theft. People in densly populated areas have more aggressive driving styles and longer commute times. The longer drive time means more chance of being in an accident.
  • Annual mileage impacts rates – The more you drive your Ford in a year the more you will pay for insurance. The majority of insurers calculate rates based on how the vehicle is used. Cars and trucks left parked in the garage receive lower rates than those that get driven frequently. Verify your vehicle rating correctly shows the correct usage for each vehicle, because it can save money. Incorrect rating for your Explorer Sport is just wasting money.
  • Save by driving cars with good safety ratings – Cars with high safety ratings are cheaper to insure. Vehicles built for safety have better occupant injury protection and fewer injuries translates into fewer and smaller insurance claims which can result in lower premiums. If your Ford Explorer Sport has at least four stars on Safercar.gov you are probably receiving a discount.
  • Pay lower costs if you’re married – Having a spouse can get you a discount on your insurance bill. It may mean you are more mature than a single person and insurance companies like that married couples file fewer claims.

Auto insurance discounts are available to slash your rates

Insurance can be prohibitively expensive, but you can get discounts that can help lower your rates. Some trigger automatically at the time of purchase, but less common discounts must be manually applied in order for you to get them.

  • Good Driver Discounts – Accident-free drivers could pay up to 40% less on Explorer Sport insurance than less cautious drivers.
  • Auto/Home Discount – If you combine your homeowners and auto policies and insure them both with the same insurance company you will save at least 10% off all policies.
  • Discount for Swiching Early – A few companies offer discounts for switching policies before your current policy expires. You may see this discount when you get insurance coverage quotes online.
  • Anti-lock Brake System – Cars, trucks, and SUVs with ABS and/or traction control can avoid accidents and will save you 10% or more.
  • Discounts for New Vehicles – Buying a new car model can save you some money due to better safety requirements for new vehicles.
  • Early Payment Discounts – If you pay your entire premium ahead of time instead of making monthly payments you can avoid the installment charge.
  • Employee of Federal Government – Active or former government employment may reduce rates when you quote insurance coverage on Explorer Sport insurance but check with your company.
  • Telematics Devices – Insureds that choose to allow their auto insurance company to look at their driving habits by using a small device installed in their vehicle such as Drivewise from Allstate or Snapshot from Progressive could see a rate decrease if they show good driving skills.

As is typical with insurance, some credits don’t apply to your bottom line cost. Some only apply to the cost of specific coverages such as collision or personal injury protection. Despite the appearance that all the discounts add up to a free policy, it just doesn’t work that way.

If you would like to choose from a list of insurance companies with the best discounts, click here to view.

Everyone needs different auto insurance coverages

When it comes to choosing the best auto insurance coverage, there really is not a best way to insure your cars. Every insured’s situation is different so this has to be addressed. For instance, these questions may help highlight if you may require specific advice.

  • When should I drop full coverage on my 2001 Ford Explorer Sport?
  • Does my insurance cover my expensive audio equipment?
  • Am I covered by my spouse’s policy after a separation?
  • Do I pay less for low miles?
  • Should I get collision insurance on every vehicle?
  • Are split liability limits better than a combined single limit?
  • Is a blown tire covered by insurance?

If it’s difficult to answer those questions but a few of them apply, then you may want to think about talking to an agent. If you don’t have a local agent, complete this form or click here for a list of auto insurance companies in your area.

Car insurance 101

Learning about specific coverages of your insurance policy can be of help when determining the right coverages and proper limits and deductibles. Policy terminology can be confusing and even agents have difficulty translating policy wording. Shown next are the normal coverages offered by insurance companies.

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants and damage to your 2001 Ford Explorer Sport.

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. Frequently these coverages do not exceed the liability coverage limits.

Comprehensive insurance – Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage protects against claims such as rock chips in glass, damage from a tornado or hurricane, hitting a bird, vandalism and a broken windshield. The maximum payout your insurance company will pay is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses like ambulance fees, surgery, EMT expenses, X-ray expenses and dental work. They can be used to fill the gap from your health insurance plan or if you lack health insurance entirely. They cover you and your occupants as well as being hit by a car walking across the street. PIP coverage is only offered in select states but can be used in place of medical payments coverage

Collision coverage – This coverage pays to fix your vehicle from damage resulting from colliding with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage protects against things such as scraping a guard rail, crashing into a building and hitting a parking meter. This coverage can be expensive, so consider removing coverage from older vehicles. You can also choose a higher deductible in order to get cheaper collision rates.

Auto liability insurance – Liability coverage provides protection from damage or injury you incur to a person or their property that is your fault. This insurance protects YOU from legal claims by others. Liability doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 50/100/50 which means a $50,000 limit per person for injuries, $100,000 for the entire accident, and $50,000 of coverage for damaged propery. Some companies may use a combined limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability insurance covers claims such as repair bills for other people’s vehicles, court costs, repair costs for stationary objects, structural damage and pain and suffering. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Cheaper insurance is a realistic goal

Throughout this article, we presented a lot of information how to get a better price on 2001 Ford Explorer Sport insurance. The key concept to understand is the more companies you get prices for, the higher your chance of finding the cheapest insurance coverage. Drivers may discover the most savings is with the least-expected company. These smaller insurers may cover specific market segments cheaper than the large multi-state companies such as Progressive or Geico.

As you go through the steps to switch your coverage, it’s a bad idea to skimp on coverage in order to save money. There have been many situations where an accident victim reduced comprehensive coverage or liability limits only to discover later that their decision to reduce coverage ended up costing them more. Your strategy should be to buy enough coverage at the best price but still have enough coverage for asset protection.

A few companies may not offer price quotes online and these regional insurance providers provide coverage only through independent agents. Cost effective 2001 Ford Explorer Sport insurance can be purchased online in addition to many insurance agents, so you should compare both to get a complete price analysis.

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