2010 Ford Expedition Car Insurance Cost – 5 Ways to Save

Want the cheapest car insurance rates for your Ford Expedition? Paying cheaper rates for car insurance can seem to be nearly impossible for drivers who are new to shopping for insurance online. There are so many choices that it can easily turn into more work than you anticipated to compare rates.

You should take the time to compare rates before your next renewal due to the fact that insurance prices are variable and change quite frequently. Just because you found the best deal for Expedition insurance six months ago there may be better deals available now. Forget all the misinformation about car insurance because it’s time to teach you the proper way to save money, get proper coverage and the best rates.

This article will let you in on how car insurance quotes work and some tips to save money. If you currently have car insurance, you stand a good chance to be able to lower your premiums substantially using these methods. Nevertheless, drivers must understand how companies price insurance differently and take advantage of how the system works.

Free insurance coverage rate quotes

The are a couple different ways to compare rate quotes from many available insurance coverage companies in your state. The recommended way to find competitive 2010 Ford Expedition insurance rates is to get quotes online. This can be accomplished in a couple minutes as outlined below.

  • If you don’t have a lot of time, the easiest way to compare a lot of rates at once is to use a rate comparison form (click to open form in new window). This style of form prevents you from having to do separate quotes for each price estimate. A single form gets rate comparisons from several companies. It’s the fastest way to compare.
  • Another way to analyze rates requires a visit to the website of each company and go through the quote process again. For examples sake, we’ll assume you want to see prices from Farmers, Progressive and Geico. To get rate quotes you would need to visit each site and enter your information, which is why most consumers use the first method. For a list of links to companies insuring cars in your area, click here.
  • The least efficient way of comparing rate quotes is to drive around to all the different insurance agencies. Comparing rates online has made agencies unnecessary unless you want the guidance that only a licensed agent can provide. If you prefer, some companies allow you to comparison shop your insurance online but have a local agent actually write the policy.

Compare rates however you want, just do your best to enter apples-to-apples information for every company. If you use mixed coverages you will not be able to decipher which rate is best. Slightly different limits may result in large price differences. Just remember that obtaining a wide range of quotes helps you find the best offered rates.

Auto insurance buyers beware

Companies like Progressive, Allstate and Geico constantly bombard you with ads in print and on television. All the ads seem to make the promise about savings if you move to them. That’s great but how can every company claim to save you money? It’s all in the numbers.

Companies quote their cheapest rates for the type of driver that will generate a profit. For instance, a preferred risk might be between 30 and 50, has no claims, and drives less than 5,000 miles a year. Anyone that hits that “sweet spot” gets the lowest rates and will most likely save when they switch companies.

Consumers who fall short of this ideal profile will get more expensive rates which results in business going elsewhere. If you pay close attention to the ads, they say “drivers that switch” not “everyone who quotes” save that much when switching. That’s why insurance companies can make those statements.

Because of these techniques, you need to compare free insurance coverage quotes often. Because you never know the company that will provide the lowest prices.

Five discounts to earn cheaper auto insurance rates

Companies do not advertise their entire list of discounts in a way that’s easy to find, so below is a list both well-publicized and the harder-to-find credits available to lower your premiums when you buy insurance coverage online.

  • College Student Discount – who live away from home to go to college and do not take a car to college could qualify for this discount.
  • Government Employee Discount – Active or retired federal employment can save as much as 8% for Expedition insurance with certain companies.
  • Safety Restraint Discount – Drivers who always wear seat belts and also require passengers to fasten their seat belts can save up to 15% off PIP or medical payments premium.
  • Student Driver Training – It’s a good idea to have your young drivers take driver’s ed class in school or through a local driver safety program.
  • Student Discounts – Being a good student can get you a discount of up to 25%. The good student discount can last until age 25.

Discounts reduce rates, but you should keep in mind that some of the credits will not apply to your bottom line cost. Most only cut individual premiums such as comp or med pay. So when the math indicates adding up those discounts means a free policy, you won’t be that lucky. But all discounts will help lower your policy premiums.

A few popular companies and a selection of discounts are:

  • Geico may offer discounts for good student, federal employee, multi-policy, membership and employees, and multi-vehicle.
  • USAA may have discounts that include safe driver, good student, defensive driver, multi-vehicle, annual mileage, and new vehicle.
  • Progressive includes discounts for good student, online signing, homeowner, multi-vehicle, continuous coverage, and online quote discount.
  • American Family offers discounts including air bags, defensive driver, accident-free, early bird, mySafetyValet, good driver, and Steer into Savings.
  • Esurance offers discounts for emergency road assistance, online quote, online shopper, DriveSense, multi-car, homeowner, and claim free.
  • Farmers Insurance policyholders can earn discounts including mature driver, multi-car, homeowner, pay in full, electronic funds transfer, business and professional, and teen driver.
  • State Farm may include discounts for multiple autos, driver’s education, anti-theft, Drive Safe & Save, good driver, and student away at school.

When comparing rates, check with every prospective company which discounts can lower your rates. Discounts may not be available in your state.

Tailor your auto insurance coverage to you

When buying proper insurance coverage for your personal vehicles, there really is not a best way to insure your cars. Everyone’s situation is unique.

For example, these questions might point out whether you could use an agent’s help.

  • Is my trailer covered?
  • When would I need rental car insurance?
  • When should I not file a claim?
  • Does my policy pay for OEM or aftermarket parts?
  • Should I have a commercial auto policy?
  • How many claims can I have before being cancelled?
  • Do I need PIP coverage since I have good health insurance?
  • Am I missing any policy discounts?
  • Is business equipment covered while in my vehicle?

If it’s difficult to answer those questions then you might want to talk to an agent. If you want to speak to an agent in your area, simply complete this short form.

Auto insurance coverage basics

Understanding the coverages of your auto insurance policy aids in choosing the best coverages and the correct deductibles and limits. Policy terminology can be ambiguous and reading a policy is terribly boring.

Comprehensive protection – Comprehensive insurance coverage covers damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage pays for things such as hitting a bird, vandalism, damage from a tornado or hurricane and falling objects. The highest amount you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Uninsured or underinsured coverage – This coverage protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family as well as damage to your Ford Expedition.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family. Most of the time the UM/UIM limits do not exceed the liability coverage limits.

Liability coverages – Liability insurance will cover damages or injuries you inflict on other people or property in an accident. It protects you from legal claims by others. Liability doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 100/300/100 that translate to a limit of $100,000 per injured person, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property. Occasionally you may see a combined limit which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage pays for things like loss of income, bail bonds and legal defense fees. How much liability coverage do you need? That is your choice, but consider buying as large an amount as possible.

Collision coverage – Collision coverage pays to fix your vehicle from damage resulting from a collision with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims like damaging your car on a curb, crashing into a building, colliding with another moving vehicle and crashing into a ditch. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. You can also raise the deductible in order to get cheaper collision rates.

Medical expense coverage – Med pay and PIP coverage kick in for expenses for X-ray expenses, EMT expenses, chiropractic care, dental work and nursing services. They are often used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. They cover all vehicle occupants as well as being hit by a car walking across the street. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Compare but don’t skimp

You just read some good ideas how to lower your 2010 Ford Expedition insurance premium rates. The most important thing to understand is the more you quote insurance coverage, the better likelihood of getting low cost insurance coverage. Consumers may even find the most savings is with the smaller companies.

As you quote insurance coverage, it’s very important that you do not sacrifice coverage to reduce premiums. In too many instances, drivers have reduced liability coverage limits only to regret at claim time that their decision to reduce coverage ended up costing them more. Your focus should be to buy the best coverage you can find at a price you can afford but still have enough coverage for asset protection.

Insureds who switch companies do it for a number of reasons such as delays in paying claims, not issuing a premium refund, being labeled a high risk driver or policy cancellation. Regardless of your reason, choosing a new insurance company is pretty simple and you could end up saving a buck or two.

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