Save on 2003 Ford Explorer Sport Insurance Rates

Searching for lower auto insurance rates for your Ford Explorer Sport? Locating low-cost insurance for a Ford Explorer Sport can normally be a painful process, but you can use a few tricks to make it easier.

There is a better way to shop for auto insurance so you’re going to learn the best way to compare rates for a new or used Ford and get the best price possible from local insurance agents and online providers.

You should make it a habit to shop coverage around as often as possible because rates trend upward over time. Even if you think you had the best premium rates on Explorer Sport coverage a few years ago you can probably find a lower rate today. There are a lot of ways to save on auto insurance out there, but in this article, you’re going to get the easiest ways to stop overpaying for insurance.

Buying affordable auto insurance is not that difficult. If you have insurance now or need new coverage, you can use these techniques to find better prices and possibly find even better coverage. Consumers only need to know how to compare prices online.

Compare insurance price quotes online

Performing a rate comparison can be challenging if you aren’t aware of the best way to get rate quotes. You could spend the better part of a day driving to insurance companies in your area, or you can utilize online quotes for quick rates.

Many popular insurance companies belong to an insurance system where insurance shoppers send in one quote, and each company returns a competitive quote based on the submitted data. This prevents consumers from doing quote forms for each company.

To get comparison pricing now click here to start a free quote.

The one disadvantage to comparing rates this way is buyers cannot specifically choose the insurers you want pricing from. If you prefer to choose individual companies to compare, we have a listing of companies who write insurance in your area. Click here for list of insurance companies.

Whichever way you choose to compare rates, be sure to compare the exact same coverages for every company. If you enter different coverage information it’s impossible to determine which rate is truly the best.

Find hidden discounts on car insurance

Some insurers do not list every possible discount in an easy-to-find place, so the following list contains both the well known as well as the least known discounts that you can inquire about if you buy car insurance online. If you do not check that you are getting every discount available, you could be getting lower rates.

  • Save with More Vehicles Insured – Buying insurance for multiple vehicles with the same car insurance company qualifies for this discount.
  • Anti-lock Brakes – Cars equipped with ABS or steering control are safer to drive so companies give up to a 10% discount.
  • Distant Student Discount – Any of your kids who are attending college and don’t have a car may be insured at a cheaper rate.
  • Homeowners Savings – Simply owning a home can get you a discount because maintaining a house demonstrates responsibility.
  • Accident Forgiveness – but some companies like Liberty Mutual and Geico permit an accident without getting socked with a rate hike so long as you haven’t had any claims for a certain period of time.
  • Anti-theft System – Vehicles with anti-theft systems help deter theft and can earn a small discount on your policy.
  • Federal Government Employee – Simply working for the federal government could provide a small rate reduction on Explorer Sport coverage depending on your car insurance provider.
  • Early Renewal Discounts – Some companies reward drivers for renewing your policy before your current coverage expires. You could save around 10% when you buy car insurance online.
  • Driver Training Discounts – Taking time to complete a course in defensive driving could possibly earn you a 5% discount and make you a better driver.
  • Driver Education Discount – Reduce the cost of insurance for teen drivers by having them sucessfully take a drivers education course as it will make them better drivers and lower rates.

Keep in mind that some of the credits will not apply to the entire cost. Most only apply to individual premiums such as comprehensive or collision. If you do the math and it seems like all those discounts means the company will pay you, it just doesn’t work that way.

If you would like to view providers who offer cheap car insurance quotes, follow this link.

The Ford Explorer Sport insurance price equation

Part of the auto insurance buying process is learning some of the things that are used to determine your policy premiums. When consumers understand what determines premiums, this helps enable you to make changes that may reward you with lower auto insurance prices.

  • Higher rates for specific employers – Jobs such as real estate brokersairline pilots and emergency personnel generally pay higher average rates attributed to job stress and extremely grueling work hours. Other careers such as actors, students and retirees get better rates on Explorer Sport coverage.
  • You may save more by combining policies – Most companies give discounts to insureds who consolidate policies with them, otherwise known as a multi-policy discount. The discount can add up to anywhere from five to ten percent in most cases. Even with this discount applied, you still need to check prices from other companies to guarantee you are still saving the most. Drivers may still find better rates by buying from different companies
  • Auto insurance policy lapses lead to higher rates – Driving with no insurance can get your license suspended and companies may charge more for letting your coverage cancel without a new policy in place. Not only will rates go up, being ticketed for driving with no insurance could result in a fine, jail time, or a revoked license. You could then be forced to submit proof of financial responsibility or a SR-22 with your state DMV.
  • Accidents will cost you – Your driving record has a lot to do with how much you pay for insurance. Drivers with clean records tend to pay less for car insurance than people who have multiple driving citations. Only having one speeding ticket can increase rates forty percent or more. Drivers who have license-revoking violations like reckless driving, hit and run or driving under the influence might be required by their state to file a proof of financial responsibility form (SR-22) with their state DMV in order to legally drive a vehicle.
  • Insurance premiums and driver gender – The statistics show females are less aggressive when driving. That doesn’t necessarily mean that men are worse drivers. Men and women cause fender benders at a similar rate, but the male of the species tend to have more serious accidents. Men also get ticketed for serious violations like DWI (DUI) or reckless driving.
  • Know your credit history – An insured’s credit history can be an important factor in your rate calculation. If your credit score could use some work, you could potentially save money when insuring your 2003 Ford Explorer Sport by repairing your credit. People that have very high credit ratings tend to file fewer claims than those with lower ratings.
  • Keep the miles off and save – Driving a lot of miles each year the more you’ll pay to insure your vehicle. Many insurance companies apply a rate based upon how you use the vehicle. Autos not used for work or commuting receive lower rates than vehicles that have high annual mileage. It’s a smart idea to ensure your vehicle rating is rated on the correct driver usage. Incorrect rating for your Explorer Sport is throwing money out the window.

Tailor your insurance coverage coverage to you

When it comes to buying proper insurance coverage, there really is no perfect coverage plan. Coverage needs to be tailored to your specific needs.

For instance, these questions might help in determining if you would benefit from professional advice.

  • Does my insurance cover a custom paint job?
  • When should I not file a claim?
  • When can my company non-renew my policy?
  • Does car insurance cover theft of personal property?
  • Can I still get insurance after a DUI?
  • Can I drive in Mexico and have coverage?
  • Which is better, split liability limits or combined limits?
  • Is my teenager covered with friends in the car?
  • Will I lose any money if I cancel my policy before it expires?

If you’re not sure about those questions but a few of them apply then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, complete this form. It’s fast, doesn’t cost anything and may give you better protection.

Can switching companies really save?

Consumers can’t avoid all the ads that claim the best premium rates by companies like 21st Century, Allstate and State Farm. All the ads advertise the message that drivers will save a bundle after switching your policy.

How can each company charge less that you’re paying now?

All the different companies have a preferred profile for the type of driver that earns them the highest profit. For instance, a profitable customer should be over age 30, is a homeowner, and drives newer vehicles. Anyone that hits that “sweet spot” may get the lowest rates and most likely will save money with a new company.

Drivers who fall short of these stringent criteria will have to pay a higher premium and this results in the customer buying from a different company. If you pay close attention to the ads, they say “people that switch” but not “everyone who gets a quote” save that kind of money. That’s why companies can truthfully make the claims of big savings.

Because of these techniques, you really should quote coverage with many companies. Because you never know which company will provide the lowest rates.

Specifics of your car insurance policy

Understanding the coverages of your car insurance policy helps when choosing the right coverages for your vehicles. Policy terminology can be ambiguous and coverage can change by endorsement.

Comprehensive coverages

Comprehensive insurance covers damage from a wide range of events other than collision. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like hail damage, falling objects and damage from a tornado or hurricane. The maximum amount a car insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Collision coverage

This will pay to fix damage to your Explorer Sport from colliding with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.

Collision coverage pays for claims such as hitting a mailbox, driving through your garage door, crashing into a ditch and hitting a parking meter. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to bump up the deductible to get cheaper collision coverage.

Coverage for liability

Liability insurance will cover damages or injuries you inflict on other people or property. It protects you against claims from other people, and does not provide coverage for damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have liability limits of 50/100/50 which means $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery. Occasionally you may see one limit called combined single limit (CSL) which combines the three limits into one amount without having the split limit caps.

Liability can pay for claims such as medical services, bail bonds, loss of income, repair bills for other people’s vehicles and funeral expenses. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they do not carry enough liability coverage. Covered claims include hospital bills for your injuries and damage to your Ford Explorer Sport.

Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked. Usually these limits are set the same as your liablity limits.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance reimburse you for expenses such as chiropractic care, ambulance fees and hospital visits. The coverages can be used in conjunction with a health insurance policy or if you lack health insurance entirely. It covers all vehicle occupants and also covers 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

Spend less. Save more.

As you shop your coverage around, make sure you don’t reduce coverage to reduce premium. In many instances, consumers will sacrifice physical damage coverage and discovered at claim time that saving that couple of dollars actually costed them tens of thousands. The goal is to get the best coverage possible for the lowest price.

The cheapest 2003 Ford Explorer Sport insurance is available online as well as from independent agents, so you should be comparing quotes from both to have the best rate selection. Some companies may not provide the ability to get quotes online and these regional insurance providers only sell coverage through local independent agencies.

Throughout this article, we presented many ways to shop for 2003 Ford Explorer Sport insurance online. The most important thing to understand is the more rate comparisons you have, the better your comparison will be. Consumers could even find that the lowest premium rates come from the smaller companies.

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