2003 Ford Expedition Insurance Cost – 5 Ways to Save

Looking for the cheapest auto insurance rates for your Ford Expedition? Are you burned out from paying out the nose each month for auto insurance? You are no different than most other people. Many auto insurance companies compete for your insurance dollar, and because of this it can be hard to compare car insurance companies and get the definite lowest rate possible.

Insurance quotes comparison

Comparing insurance rates can be a lot of work if you don’t understand the most efficient way. You can waste hours talking about coverages with local insurance agents in your area, or you can stay home and use the web to get the quickest rates.

Many companies belong to a marketplace where prospective buyers send in one quote, and every company then returns a price quote for coverage. This prevents consumers from doing quote forms for each company.

To submit your quote information now, click here (opens in new window).

The single downside to using this type of form is that you can’t choose the insurers you want to price. If you wish to select specific providers to compare rates, we have assembled a list of the cheapest insurance companies in your area. Click here to view list.

Compare rates however you want, just make sure you are using apples-to-apples coverage information for each quote you get. If you have different liability limits it will be impossible to decipher which rate is best.

Earn discounts on insurance coverage

Car insurance can cost a lot, but discounts can save money and there are some available to help bring down the price. A few discounts will be applied at the time of purchase, but occassionally some discounts must be requested specifically before you get the savings.

  • Life Insurance Discount – Some insurance carriers give a small discount if you purchase auto and life insurance together.
  • Memberships – Having an affiliation with a professional or civic organization can get you a small discount on insurance coverage.
  • Government Employee Discount – Being employed by or retired from a federal job may qualify for a discount when you quote car insurance for Expedition insurance with select insurance companies.
  • Student Discounts – Excelling in school can earn a discount of 20% or more. The discount lasts until age 25.
  • No Claim Discounts – Drivers who stay claim-free can earn big discounts in comparison with accident-prone drivers.

Consumers should know that most credits do not apply to your bottom line cost. Most only reduce the price of certain insurance coverages like liability and collision coverage. Just because it seems like you could get a free insurance coverage policy, company stockholders wouldn’t be very happy.

To see insurance companies who offer insurance coverage discounts, click here to view.

Tailor your insurance coverage coverage to you

When it comes to buying coverage for your personal vehicles, there really is not a cookie cutter policy. Everyone’s needs are different so this has to be addressed. For example, these questions might help in determining whether your personal situation would benefit from an agent’s advice.

  • Is business property covered if stolen from my car?
  • What is no-fault insurance?
  • Do I need rental car coverage?
  • What are the best liability limits?
  • Is motorclub coverage worth it?
  • How much can I save by bundling my policies?

If it’s difficult to answer those questions but you think they might apply to your situation, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier It is quick, free and can help protect your family.

Insurance coverages 101

Having a good grasp of your policy can help you determine appropriate coverage for your vehicles. Insurance terms can be difficult to understand and reading a policy is terribly boring. These are typical coverages found on most insurance policies.

Med pay and Personal Injury Protection (PIP) – Medical payments and Personal Injury Protection insurance pay for immediate expenses for things like pain medications, X-ray expenses, hospital visits and ambulance fees. They are used to cover expenses not covered by your health insurance program or if you do not have health coverage. It covers both the driver and occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage

Collision coverage – This covers damage to your Expedition resulting from a collision with an object or car. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers things like sustaining damage from a pot hole, colliding with another moving vehicle and damaging your car on a curb. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. Drivers also have the option to bump up the deductible to bring the cost down.

Liability insurance – This protects you from damage that occurs to other’s property or people in an accident. Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 50/100/50 that translate to a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage pays for things like medical expenses, attorney fees, structural damage and pain and suffering. How much liability coverage do you need? That is a decision to put some thought into, but you should buy as much as you can afford.

Comprehensive insurance – Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims like damage from a tornado or hurricane, rock chips in glass and hitting a deer. The maximum amount your insurance company will pay is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Uninsured/Underinsured Motorist (UM/UIM) – This provides protection when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important.