How Much Does 2016 Ford Expedition Insurance Cost?

Looking for cheaper insurance coverage rates for your Ford Expedition? No one in their right mind fancies paying their premiums for insurance coverage, especially knowing they could get a better deal. Insurance companies such as Allstate and Progressive all claim big savings with ads and it can be hard to see past the corporate glitz and do the work needed to find the best deal.

It’s important to compare rates occasionally because insurance coverage rates change quite often. Just because you had the best deal for Expedition coverage on your last policy you will most likely find a better price today. Block out anything you think you know about insurance coverage because you’re about to learn one of the quickest ways to properly buy coverages while reducing your premium.

If you have insurance now or are looking for a new policy, you can use these tips to find better prices and still get good coverage. Finding affordable coverage is easy if you know what you’re doing. Drivers only need to know the most effective way to compare price quotes on the web.

Ford Expedition insurance price factors

Multiple criteria are part of the equation when quoting car insurance. Some of the criteria are obvious such as your driving history, but other criteria are more obscure such as your marital status and annual miles driven.

Shown below are some of the things utilized by car insurance companies to help set rates.

  • Get hitched and pay lower prices – Walking down the aisle may cut your premiums on your car insurance bill. Having a significant other translates into being more mature than a single person and it’s statistically proven that married drivers tend to file fewer claims.
  • Where do you drive? – Driving a lot of miles every year the more you’ll pay to insure your vehicle. Almost all companies charge rates based on their usage. Autos used primarily for pleasure use can be on a lower rate level as compared to vehicles used primarily for driving to work. It’s a good idea to make sure your vehicle rating reflects the proper vehicle usage. An incorrectly rated Expedition may be wasting your money.
  • Do you know you’re credit rating? – Credit score will be a significant factor in your rate calculation. Drivers with high credit scores tend to be better risks to insure than drivers who have lower ratings. If your credit rating is lower than you’d like, you could pay less to insure your 2016 Ford Expedition if you improve your credit rating.
  • How many coverages with the same company – Many insurers apply better rates to policyholders that purchase more than one policy, otherwise known as a multi-policy discount. Even though this discount sounds good, consumers should still comparison shop to make sure you are getting the best deal. You may still save more without the discount by splitting coverages up.
  • Physical damage deductibles – Comp and collision deductibles represent how much money you are willing to pay before your car insurance pays a claim. Physical damage coverage, also called comprehensive and collision insurance, is used to repair damage to your car. Some coverage claims are collision with another vehicle, collision with a deer, or theft of your vehicle. The more damage repair cost you choose to pay out-of-pocket, the bigger discount you will receive for Expedition coverage.
  • Guys tend to take more risk – Over time, data shows that females take fewer risks when driving. Now that doesn’t mean men are WORSE drivers than women. Women and men are in accidents at a similar rate, but the male of the species cause more damage and cost insurance companies more money. Men also receive more major tickets like driving under the influence (DUI).
  • Buy as much liability as you can afford – The liability section of your policy is the coverage that protects you if you are responsible for an accident. It will provide legal defense coverage which can be incredibly expensive. This coverage is relatively inexpensive compared to other policy coverages, so drivers should make sure they buy enough to cover all assets.
  • Tickets are costly – Your driving citation history has a lot to do with how much you pay for insurance. Only having one ticket may cause rates to rise by as much as thirty percent. Good drivers pay lower auto insurance prices compared to bad drivers. Drivers with flagrant violations like hit and run, DWI or reckless driving convictions may need to maintain a SR-22 with their state motor vehicle department in order to legally drive.

These discounts can lower your auto insurance quotes

Car insurance companies don’t always advertise every discount they offer very well, so the list below details a few of the more common and the more hidden savings tricks you should be using when you buy insurance online.

  • Life Insurance – Larger companies have a discount if you purchase some life insurance in addition to your auto policy.
  • Early Signing – A few insurance companies offer discounts for switching companies before your current coverage expires. This discount can save up to 10%.
  • Defensive Driver – Taking part in a course that instructs on driving safety may get you a small discount if you qualify.
  • Air Bags and Passive Restraints – Vehicles with factory air bags and/or automatic seat belt systems may qualify for discounts of up to 25% or more.
  • Anti-lock Brake System – Cars with ABS and/or traction control prevent accidents and the ABS can save up to 10%.
  • Discount for Multiple Policies – When you combine your home and auto insurance with the same company you could get a discount of at least 10 to 15 percent or more.
  • Safety Restraint Discount – Using a seat belt and requiring all passengers to buckle up could save 15% off PIP or medical payments premium.
  • Homeowners Pay Less – Just being a homeowner can get you a discount since owning and maintaining a home demonstrates responsibility.
  • Sign Online – Some insurance companies give back up to $50 simply for signing on the web.
  • Government Employee Discount – Active or former government employment may qualify for a discount when you quote insurance for Expedition coverage but check with your company.

As is typical with insurance, most credits do not apply to your bottom line cost. Most only reduce individual premiums such as medical payments or collision. So when it seems like all those discounts means the company will pay you, you won’t be that lucky.

A list of auto insurance companies and a partial list of their discounts include:

  • American Family has discounts for defensive driver, mySafetyValet, good driver, multi-vehicle, good student, air bags, and Steer into Savings.
  • State Farm may offer discounts for defensive driving training, Steer Clear safe driver discount, student away at school, passive restraint, Drive Safe & Save, and good student.
  • 21st Century offers discounts including driver training, theft prevention, good student, automatic seat belts, homeowners, teen driver, and early bird.
  • Travelers offers premium reductions for home ownership, IntelliDrive, early quote, hybrid/electric vehicle, good student, and student away at school.
  • Geico includes discounts for five-year accident-free, multi-vehicle, driver training, anti-theft, defensive driver, federal employee, and daytime running lights.

When comparing rates, check with every company to apply every possible discount. Some credits may not be available in your area.

Are car insurance companies telling the truth?

Consumers can’t get away from ads that claim the lowest prices by companies like State Farm, Allstate and Geico. They all convey the message about savings just by switching your car insurance policy to them.

How can each company cost less than your current company? It’s all in the numbers.

Different companies are able to cherry pick for the type of driver that will most likely be profitable. An example of this type of risk profile should be between the ages of 30 and 50, has never had a policy lapse, and drives a vehicle with a low ISO rating. A customer getting a price quote who matches those parameters is entitled to the best price and will probably cut their rates substantially.

Potential insureds who don’t meet this ideal profile will be quoted higher prices and ends up with the customer not purchasing. If you listen to the ad wording, they say “customers who switch” but not “everyone who gets a quote” can get the lowest rates when switching. That’s why companies can make it sound like they have such great prices.

Each company has different criteria, so you absolutely need to compare quotes as often as possible. You cannot predict with any certainty which company will give you lower premium rates than your current company.

Different people need different auto insurance coverages

When it comes to choosing adequate coverage for your personal vehicles, there really is no “perfect” insurance plan. Everyone’s situation is a little different so your insurance needs to address that. For example, these questions can aid in determining if your situation would benefit from an agent’s advice.

  • What is the ISO rating for a 2016 Ford Expedition?
  • How high should my uninsured/underinsured coverage be in my state?
  • What if I don’t agree with a claim settlement offer?
  • Who is covered by my policy?
  • Is a blown tire covered by insurance?
  • When would I need rental car insurance?
  • How many claims can I have before being cancelled?
  • How can I get high-risk coverage after a DUI?

If you don’t know the answers to these questions but one or more may apply to you, you might consider talking to an insurance agent. If you don’t have a local agent, take a second and complete this form or go to this page to view a list of companies. It only takes a few minutes and may give you better protection.

Auto insurance coverage breakdown

Learning about specific coverages of auto insurance can help you determine which coverages you need for your vehicles. Auto insurance terms can be confusing and reading a policy is terribly boring. Below you’ll find the usual coverages found on the average auto insurance policy.

Collision protection

This coverage pays for damage to your Expedition from colliding with another car or object. A deductible applies and then insurance will cover the remainder.

Collision coverage pays for things such as colliding with a tree, hitting a parking meter, crashing into a building and scraping a guard rail. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to increase the deductible to save money on collision insurance.

Coverage for uninsured or underinsured drivers

Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they do not carry enough liability coverage. Covered losses include medical payments for you and your occupants and damage to your Ford Expedition.

Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked. Frequently these coverages are similar to your liability insurance amounts.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance reimburse you for expenses like chiropractic care, nursing services, prosthetic devices, dental work and surgery. They can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. They cover you and your occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage

Comprehensive auto insurance

Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things such as rock chips in glass, a tree branch falling on your vehicle and vandalism. 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.

Auto liability

Liability insurance can cover injuries or damage you cause to a person or their property. It protects you from claims by other people, and does not provide coverage for damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 25/50/25 which means $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property. Alternatively, you may have one limit called combined single limit (CSL) which limits claims to one amount and claims can be made without the split limit restrictions.

Liability insurance covers things like medical services, bail bonds, pain and suffering, repair bills for other people’s vehicles and attorney fees. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying as much as you can afford.

Pennies from heaven

You just read some good ideas how you can shop for 2016 Ford Expedition insurance online. The most important thing to understand is the more times you quote, the better chance you’ll have of finding cheaper insurance. Drivers may discover the biggest savings come from an unexpected company. Some small companies can often provide lower car insurance rates in certain areas as compared to the big name companies such as Allstate, Geico and Progressive.

Cost effective 2016 Ford Expedition insurance can be purchased on the web as well as from independent agents, so get free insurance quotes from both of them to have the best rate selection. There are still a few companies who may not have the ability to get quotes online and these smaller companies prefer to sell through local independent agents.

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