How Much Does 2007 Ford Explorer Insurance Cost?

Looking for better insurance coverage rates for your Ford Explorer? Expensive Ford Explorer insurance can drain your savings and force you to make tough financial choices. Comparing price quotes can save money and help to ensure you are getting the best deal.

Big-name insurance companies like State Farm, Geico and Farmers Insurance continually hit you with catchy ads and consumers find it hard to see through the cute green geckos and mayhem and find the best price available.

If you have car insurance now, you should be able to lower your premiums substantially using this information. Choosing the best insurance company for you is easy if you know what you’re doing. Nevertheless, consumers do need to understand the way companies market insurance on the web and apply this information to your search.

Do you qualify for discounts?

Not too many consumers would say auto insurance is affordable, but there could be available discounts to help offset the cost. Some discounts apply automatically at the time you complete a quote, but a few need to be inquired about prior to receiving the credit.

  • Smart Student Discounts – Maintaining excellent grades could provide a savings of up to 20% or more. You can use this discount normally up to age 25.
  • No Accidents – Drivers who don’t have accidents pay much less when compared to drivers with a long claim history.
  • Homeowners Savings – Just being a homeowner can save you money due to the fact that maintaining a home demonstrates responsibility.
  • Federal Government Employee – Employees or retirees of the government may qualify for a discount when you quote car insurance on Explorer insurance with select insurance companies.
  • Savings for New Vehicles – Insuring a new car can get you a discount since new model year vehicles are generally safer.
  • Payment Discounts – If you pay your bill all at once rather than spreading payments over time you can avoid the installment charge.
  • Low Mileage – Keeping the miles down on your Ford could be rewarded with discounted auto insurancerates on garaged vehicles.
  • Discount for Swiching Early – A few larger companies give discounts for switching to them early. You may see this discount when you get car insurance quotes online.

While discounts sound great, it’s important to understand that some of the credits will not apply to the overall cost of the policy. Some only reduce the price of certain insurance coverages like comprehensive or collision. So even though it sounds like it’s possible to get free car insurance, companies wouldn’t make money that way.

Auto insurance companies that may offer quotes with these discounts may include but are not limited to:

When comparing rates, check with every prospective company which discounts they offer. All car insurance discounts may not apply to policies in every state. If you would like to choose from a list of auto insurance companies who offer free auto insurance quotes, click here.

Lower your insurance costs

Many factors are part of the equation when quoting car insurance. Some factors are common sense such as your driving history, but others are more obscure like where you live or your commute time.Smart consumers have a good feel for the rating factors that are used to determine your premiums. If you have some idea of what influences your rates, this empowers consumers to make smart changes that will entitle you to big savings.

Listed below are a few of the things utilized by car insurance companies to help set your premiums.

  • Deter theft and pay less – Purchasing a vehicle with a theft deterrent system can save you a little every year. Theft prevention features such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all hinder vehicle theft.
  • Save money with responsible credit – An insured’s credit score is likely to be a major factor in determining premium rates. If your credit history is low, you could be paying less to insure your 2007 Ford Explorer by spending a little time repairing your credit. Insureds that have very high credit ratings tend to be better drivers and file fewer claims than drivers who have poor credit.
  • How your age affects rates – Drivers with little experience have been known to be more careless when driving with friends so they pay higher insurance coverage rates. Older insureds are viewed as being more responsible, are lower risk to insure and tend to be get fewer driving tickets.
  • If you don’t need it don’t buy it – There are a ton of optional add-on coverages that may not really be needed on your insurance coverage policy. Coverages like rental car reimbursement, better glass coverage, and term life insurance may be costing you every month. The coverages may be enticing when discussing your needs, but your money might be better spent on other coverage so remove them from your policy.
  • Insurance rates in urban areas – Living in a small town may provide you with better prices if you are looking for the lowest rates. Fewer people corresponds to lower accident rates in addition to fewer liability claims. Drivers in populated areas tend to have more road rage incidents and longer commutes to work. More time on the road means a statistically higher chance of an accident.
  • Infrequent drivers can save – The more miles you rack up on your Ford in a year the more you will pay for insurance coverage. A lot of insurance companies calculate prices based upon how the vehicle is primarily used. Cars and trucks that are left in the garage receive better premium rates than vehicles that are driven to work every day. Verify your insurance coverage policy is rated on the proper vehicle usage, because it can save money. A policy that improperly rates your Explorer may be costing you higher rates.

Don’t assume everyone needs the same insurance coverage coverage

When it comes to buying proper insurance coverage for your vehicles, there is no one size fits all plan. Your needs are not the same as everyone else’s so your insurance needs to address that. These are some specific questions may help highlight whether you may require specific advice.

  • Can I drive in Mexico and have coverage?
  • Do I need to file an SR-22 for a DUI in my state?
  • How many claims can I have before being cancelled?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • What is covered by UM/UIM coverage?
  • What can I do if my company won’t pay a claim?
  • I have health insurance so do I need medical payments coverage?
  • How high should my uninsured/underinsured coverage be in my state?

If you can’t answer these questions but a few of them apply then you might want to talk to an agent. If you don’t have a local agent, take a second and complete this form or click here for a list of insurance coverage companies in your area.

Don’t believe everything you hear

Popular car insurance providers such as Allstate and Progressive constantly bombard you with television, radio, and online ads. They all state the claim that drivers will save a bundle just by moving your coverage. Is it even possible that every company can charge you less for auto insurance? You have to listen carefully.

Companies have underwriting criteria for the type of driver that earns them the most money. One example of a profitable risk profile might be married and over the age of 30, carries high limits, and insures a new vehicle. Any new insured that hits that “sweet spot” will get very good prices and will probably save when they switch companies.

Potential customers who do not match this ideal profile will be charged higher premiums and this can result in the customer buying from someone else. The ad wording is “people who switch” not “everyone who quotes” save that much when switching. This is how companies can truthfully make it sound like they have such great rates.

This really illustrates why drivers should get as many free car insurance quotes as possible. It is just not possible to predict with any certainty which company will provide the lowest prices.

Coverages available on your policy

Knowing the specifics of your car insurance policy can be of help when determining the best coverages for your vehicles. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording. These are the normal coverages offered by car 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 then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims like damage from a tornado or hurricane, theft, rock chips in glass, a tree branch falling on your vehicle and hitting a deer. The highest amount a car insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Liability car insurance – This provides protection from injuries or damage you cause to other’s property or people that is your fault. This insurance protects YOU against claims from other people, and does not provide coverage for your injuries or vehicle damage.

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 100/300/100 that translate to a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Occasionally you may see 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 like pain and suffering, repair bills for other people’s vehicles, attorney fees, funeral expenses and medical expenses. How much coverage you buy is a personal decision, but buy higher limits if possible.

Collision coverages – Collision insurance pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for claims like damaging your car on a curb, colliding with another moving vehicle and backing into a parked car. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. You can also increase the deductible in order to get cheaper collision rates.

Medical payments coverage and PIP – Med pay and PIP coverage provide coverage for bills for things like EMT expenses, surgery and hospital visits. The coverages can be used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. Coverage applies to both the driver and occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

Uninsured/Underinsured Motorist coverage – This coverage protects you and your vehicle from other motorists when they do not carry enough liability coverage. It can pay for injuries to you and your family as well as damage to your Ford Explorer.

Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family. Usually these coverages are similar to your liability insurance amounts.

Don’t break the bank

Throughout this article, we presented many ways to save on 2007 Ford Explorer insurance. The key concept to understand is the more times you quote, the higher your chance of finding affordable car insurance. You may even discover the lowest prices are with a lesser-known regional company. These companies may only write in your state and offer lower rates as compared to the big name companies such as Progressive or Geico.

Low-cost 2007 Ford Explorer insurance is definitely available online and from local agencies, and you need to comparison shop both to have the best rate selection. There are still a few companies who do not provide the ability to get quotes online and these small insurance companies work with local independent agents.

While you’re price shopping online, it’s very important that you do not skimp on critical coverages to save a buck or two. Too many times, consumers will sacrifice full coverage and discovered at claim time that they should have had better coverage. The goal is to buy the best coverage you can find at the best price, but do not skimp to save money.

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