2005 Ford Explorer Insurance Rates

Did you fall for a flashy sales pitch and buy an overpriced insurance coverage policy? You’re in good company because there are lots of residents who feel the same. Many insurance companies vie for your insurance dollar, and it can be difficult to compare rates and get the definite best rates possible.

If you have a policy now or need new coverage, you can use these tips to reduce the price you pay while maximizing coverage. Finding the best rates is quite easy. Consumers only need to know the proper way to buy auto insurance online.

Find hidden discounts to get affordable car insurance quotes

Properly insuring your vehicles can get expensive, but there are discounts available that many people don’t even know exist. Most are applied when you get a quote, but less common discounts must be requested specifically before being credited.

  • Own a Home and Save – Just being a homeowner can help you save on car insurance because maintaining a house demonstrates responsibility.
  • Online Discount – A few companies will discount your bill up to fifty bucks for completing your application over the internet.
  • Federal Employees – Active or retired federal employment could cut as much as 10% off for Explorer insurance with certain companies.
  • Discount for Swiching Early – A few larger companies give discounts for buying a new policy prior to your current policy expiration. Ten percent is about the average savings.
  • Passive Restraint Discount – Options like air bags or motorized seat belts may earn rate discounts of 20 to 30 percent.
  • Responsible Driver Discount – Insureds without accidents may receive a discount up to 45% for Explorer insurance as compared to drivers with claims.

As is typical with insurance, most credits do not apply to your bottom line cost. Most only cut the price of certain insurance coverages like collision or personal injury protection. Even though it may seem like it’s possible to get free car insurance, that’s just not realistic.

To see insurance companies with the best car insurance discounts, click here to view.

How to lower your auto insurance cost

There are multiple methods to compare auto insurance quotes, but some are less time-consuming than others. You could waste a few hours talking about coverages with local insurance agents in your area, or you could use the internet for quick rates.

Many insurance companies enroll in a system where insurance shoppers send in one quote, and at least one company returns a competitive quote determined by their information. This system prevents you from having to do repetitive form submissions to every company.

To find out how much you can save on auto insurance click here to start a free quote.

The only downside to pricing coverage this way is that consumers can’t choose which companies to get pricing from. So if you want to select specific insurance companies to receive pricing from, we have a listing of companies who write auto insurance in your area. Click to view list.

Whichever way you choose to compare rates, be sure you’re using exactly the same coverage limits and deductibles for each price quote. If you compare unequal deductibles or liability limits it will be nearly impossible to determine which rate is truly the best.

Get Ford Explorer insurance at a discount

The best way to find cheaper car insurance is to take a look at a few of the rating criteria that play a part in calculating your premiums. If you know what controls the rates you pay, this enables informed choices that may reward you with lower car insurance prices. Many things are part of the equation when premium rates are determined. A few of the factors are predictable such as traffic violations, but other factors are more transparent such as your marital status or how safe your car is.

  • Safeguard your assets with liability coverage – The liability coverage on your policy is the protection when you are determined to be liable for personal injury or accident damage. Your policy’s liability insurance provides for a legal defense which can be incredibly expensive. Liability insurance is pretty cheap when compared with rates for comp and collision, so drivers should carry high limits.
  • Safer vehicles save money – Safe vehicles tend to have lower insurance rates. Safer cars reduce the chance of injuries and reduced instances of injuries translates into savings for insurance companies and cheaper rates on your policy. If your Ford Explorer scored at minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it may cost less to insure.
  • Annual miles is a factor – The higher the miles on your Ford in a year the more you’ll pay to insure it. Most insurance companies rate vehicles based upon how you use the vehicle. Cars and trucks used primarily for pleasure use qualify for better rates than vehicles that are driven to work every day. Incorrect rating for your Explorer can result in significantly higher rates. It’s always a good idea to double check that your car insurance policy is showing how each vehicle is driven.
  • Men pay higher rates – Over time, data shows that men are more aggressive behind the wheel. However, this does not mean women are better drivers. Both sexes are responsible for fender benders at about the same rate, but the males get into accidents with more damage. Not only are claims higher, but men get cited for more serious violations like driving under the influence (DUI).
  • Cautious drivers pay less – How you drive impacts your car insurance rates tremendously. Getting just one chargable violation may increase your cost twenty percent or more. Attentive drivers get better rates as compared to careless drivers. Drivers who have received license-revoking violations like DUI or willful reckless driving might be required by their state to submit a SR-22 or proof of financial responsibility with their state’s department of motor vehicles in order to legally drive a vehicle.
  • Companies want multiple policies – Many companies give discounts to clients who carry more than one policy in the form of a multi-policy discount. Even though this discount sounds good, consumers should still compare other insurance prices to verify if the discount is saving money. It’s possible to still find a better deal by buying from different companies
  • Driver age impacts premiums – Teen drivers are statistically shown to get distracted easily behind the wheel and because of this, their car insurance rates are much higher. If you’ve ever had to add a young driver onto a policy can cause a big jump in price. More mature drivers are proven to be safer behind the wheel, tend to file fewer claims and get fewer tickets.
  • Frequent car insurance claims will increase rates – If you tend to file frequent claims, you can expect higher premiums or even policy non-renewal. Car insurance companies give better rates to drivers that do not abuse their auto insurance. Your insurance policy is designed for more catestrophic claims.

Tailor your auto insurance coverage to you

When it comes to choosing adequate coverage, there is no “perfect” insurance plan. Everyone’s situation is a little different and a cookie cutter policy won’t apply. Here are some questions about coverages that could help you determine whether or not you may require specific advice.

  • How do I buy GAP insurance?
  • Should I waive the damage coverage when renting a car?
  • How can I get high-risk coverage after a DUI?
  • What exactly is covered by my policy?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Am I covered if I crash into my own garage door?

If it’s difficult to answer those questions but a few of them apply then you might want to talk to a licensed agent. If you don’t have a local agent, simply complete this short form or you can also visit this page to select a carrier It’s fast, free and can help protect your family.

Why you might not save $386 a year

Consumers constantly see and hear ads that claim the lowest premium rates from companies such as State Farm and Allstate. All the companies make the same claim that drivers will save a bundle after switching your coverage.

How is it plausible that every one can charge you less for car insurance? Here is how they do it.

Insurance companies have strict underwriting profiles for a prospective insured that will generate a profit. An example of a desirable insured should be married and over the age of 30, is a homeowner, and drives newer vehicles. A customer getting a price quote who fits that profile receive the lowest rate quotes and as a result will probably save a lot of money.

Consumers who are not a match for those standards will be charged higher rates and this results in the customer buying from someone else. Company advertisements say “people that switch” not “everyone who quotes” save money. That’s why insurance companies can claim big savings. Because every company is different, drivers should quote coverage with many companies. It’s impossible to know which company will have the lowest rate quotes.

Auto insurance 101

Learning about specific coverages of insurance can be of help when determining the right coverages and proper limits and deductibles. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording. Listed below are the usual coverages available from insurance companies.

Comprehensive coverage – Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like hitting a deer, hitting a bird, theft, damage from a tornado or hurricane and fire damage. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Collision – Collision insurance covers damage to your Explorer resulting from a 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 insurance covers claims like sideswiping another vehicle, driving through your garage door, rolling your car and scraping a guard rail. This coverage can be expensive, so consider dropping it from lower value vehicles. It’s also possible to bump up the deductible to bring the cost down.

Medical payments coverage and PIP – Med pay and PIP coverage pay for bills for chiropractic care, prosthetic devices and EMT expenses. The coverages can be used in conjunction with a health insurance policy or if you lack health insurance entirely. They cover all vehicle occupants as well as any family member struck as a pedestrian. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Coverage for liability – Liability coverage protects you from damage or injury you incur to other people or property in an accident. This coverage protects you against other people’s claims. It does not cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property.

Liability insurance covers claims like repair bills for other people’s vehicles, medical services, medical expenses and legal defense fees. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford.

Uninsured/Underinsured Motorist coverage – Uninsured or Underinsured Motorist coverage gives you protection when other motorists do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants and damage to your Ford Explorer.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important.

Final thoughts

When trying to cut insurance costs, you should never buy poor coverage just to save money. There are many occasions where consumers will sacrifice physical damage coverage and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. The aim is to find the BEST coverage at an affordable rate while still protecting your assets.

We covered many ways to save on 2005 Ford Explorer insurance. The key concept to understand is the more you quote car insurance, the better likelihood of getting affordable car insurance. Consumers may even find the best premium rates are with a small mutual company. Regional companies can often provide lower prices in certain areas than their larger competitors like Allstate, Geico and Progressive.

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