How Much Does 2007 Ford Expedition EL Insurance Cost?

Searching for better insurance prices for your Ford Expedition EL could be a painful process, but you can learn a few tricks to find lower rates.

There are more efficient ways to compare car insurance rates so we’re going to tell you the quickest way to get price quotes for a new or used Ford and find the lowest price from both online companies and local agents.

It’s a good habit to shop coverage around once or twice a year since prices change quite often. If you had the lowest rates for Expedition EL coverage last year you will most likely find a better rate quote today. There is too much inaccurate information about car insurance on the web, but I’m going to show you a bunch of ideas how to slash your car insurance rates.

How to get auto insurance rate quotes

Finding cheap auto insurance prices is pretty simple and can save money. The only requirement is to invest a little time comparing free auto insurance quotes online with multiple companies. It’s super easy and can be done in just a few minutes using one of these methods.

The most recommended method consumers can analyze rates would be an industry-wide quote request form (click to open form in new window). This method eliminates the need for separate forms for every prospective company. One form submission will get you price quotes from several companies. This is by far the quickest method.

A less efficient way to get comparison quotes is to manually visit the website for every company you want to comare to request a price quote. For sake of this example, let’s assume you want comparison quotes from Allstate, Safeco and Farmers. In order to get each rate, you would have to spend time going to each site individually and enter your information, which can be really labor intensive. To view a list of companies in your area, click here.

The most difficult way to shop rates is going to local insurance agencies. Comparing rate quotes online can eliminate the need for a local agent unless your situation requires the trained guidance of an agent trained in personal lines coverage. Some companies do allow you to compare the best prices online but have your policy serviced through an agent.

You can use whichever method you prefer to find lower rates, just make darn sure you compare the same quote information with every price quote. If the quotes have different liability limits it will be next to impossible to make a fair comparison for your Ford Expedition EL.

Big brands don’t always mean big savings

Consumers can’t avoid all the ads that claim the lowest car insurance rates from the likes of State Farm and Allstate. They all seem to advertise claims about saving some big amount just by moving your policy.

How is it plausible that every one can charge less that you’re paying now? Here is how they do it.

Auto insurance companies have specific characteristics for the type of customer that earns them the highest profit. One example of a profitable customer should be over the age of 50, has never had a claim, and drives newer vehicles. Anyone who fits that profile is entitled to the best price as well as save if they switch.

Potential customers who may not quite match those standards will probably be forced to pay more expensive rates and the customer buying from a different company. Company advertisements say “people who switch” not “everyone that quotes” can get the lowest rates when switching. That is how insurance companies can confidently claim big savings.

This really drives home the point why you really need to get auto insurance quotes from several different companies. Because you cannot predict which auto insurance company will give you the biggest savings.

Components of your Ford Expedition EL insurance rates

Consumers need to have an understanding of a few of the rating criteria that play a part in calculating the price you pay for insurance. If you have a feel for what impacts premium levels, this helps enable you to make changes that could result in lower insurance prices.

The following are a few of the “ingredients” utilized by car insurance companies to help set your premiums.

  • Know your credit score – An insured’s credit score will be a significant factor in calculating your premium rate. If your credit rating can be improved, you could pay less to insure your 2007 Ford Expedition EL by improving your credit score. Insureds that have very good credit scores tend to be better drivers and file fewer claims than those with lower credit ratings.
  • Physical damage deductibles are a factor – Physical damage insurance, also called ‘full coverage’, is used to repair damage to your vehicle. Examples of covered claims would be a broken side mirror, collision with an animal, and rolling your vehicle. The deductibles state the amount of money you are required to spend out-of-pocket before a claim is paid by your company. The more expense you have to pay, the less your insurance will be for Expedition EL coverage.
  • Don’t skimp on liability protection – Your insurance policy’s liability coverage is the coverage that protects you when you are responsible for causing damage or personal injury in an accident. Liability insurance provides for a legal defense which can cost a lot. Liability insurance is pretty cheap when compared to the cost of physical damage coverage, so do not cut corners here.
  • Avoid tickets and save – Careful drivers pay lower auto insurance prices than people who have multiple driving citations. Having a single ticket may increase your cost twenty percent or more. Drivers who have received license-revoking violations such as DUI or willful reckless driving are required to maintain a SR-22 to the state department of motor vehicles in order to legally drive a vehicle.
  • Drive a safer car and pay less – Vehicles that have high safety ratings tend to have lower insurance rates. The safest vehicles reduce injuries and reduced instances of injuries means less claims paid and cheaper rates on your policy.
  • Your stress level may be raising your premiums – Did you know your insurance rates can be affected by your occupation? Careers like real estate brokersair traffic controllers and medical professionals generally pay higher premiums than the average policyholder attributed to intense work situations and lengthy work days. Other occupations such as scientists, historians and performers get better rates for Expedition EL coverage.
  • Deter theft and pay less – Choosing to buy a car that has an advanced theft prevention system can earn a premium discount. Anti-theft devices such as vehicle immobilizer systems, OnStar, and tracking devices like LoJack can thwart car theft.

Discount auto insurance rates

Auto insurance is not cheap nor is it fun to buy but there could be significant discounts to help bring down the price. Some discounts apply automatically at quote time, but a few must be asked for in order for you to get them.

  • Clubs and Organizations – Having an affiliation with a professional or civic organization is a simple method to lower premiums on your next auto insurance statement.
  • Drive Less and Save – Driving fewer miles could be rewarded with discounted auto insurancerates on garaged vehicles.
  • Resident Student – Older children who are attending college and do not have a car may qualify for this discount.
  • Seat Belt Discounts – Drivers who require all vehicle occupants to use their safety belts could save 15% off the medical payments premium.
  • Government Employee Discount – Active or former government employment can save as much as 8% for Expedition EL coverage depending on your company.

Consumers should know that most discounts do not apply to the overall cost of the policy. Most only reduce specific coverage prices like comp or med pay. Despite the appearance that you would end up receiving a 100% discount, companies wouldn’t make money that way.

The best auto insurance companies and some of the premium reductions they offer can be found below.

  • State Farm includes discounts for driver’s education, good student, defensive driving training, good driver, multiple policy, and safe vehicle.
  • Progressive offers discounts for homeowner, multi-policy, online signing, multi-vehicle, continuous coverage, and good student.
  • Travelers has discounts for multi-car, driver training, home ownership, good student, and new car.
  • American Family offers discounts including good driver, Steer into Savings, air bags, good student, and early bird.
  • Liberty Mutual may include discounts for multi-policy, preferred payment discount, newly retired, safety features, and new graduate.

If you are trying to find affordable auto insurance quotes, ask all companies you are considering to apply every possible discount. Discounts might not be offered on policies in your area.

Tailor your car insurance coverage to you

When choosing coverage for your vehicles, there isn’t really a single plan that fits everyone. Every insured’s situation is different.

These are some specific questions might point out if your situation could use an agent’s help.

  • Is upholstery damage covered by car insurance?
  • What is UM/UIM insurance?
  • Do I need higher collision deductibles?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Will filing a claim cost me more?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Why do I need rental car insurance?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?

If you’re not sure about those questions, you may need to chat with a licensed agent. To find an agent in your area, complete this form. It’s fast, doesn’t cost anything and can help protect your family.

Insurance coverage breakdown

Understanding the coverages of insurance helps when choosing the right coverages for your vehicles. Insurance terms can be ambiguous and even agents have difficulty translating policy wording.

Collision coverage – This will pay to fix damage to your Expedition EL resulting from colliding with an object or car. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against things like colliding with another moving vehicle, damaging your car on a curb, sideswiping another vehicle, driving through your garage door and scraping a guard rail. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. Another option is to choose a higher deductible in order to get cheaper collision rates.

Comprehensive or Other Than Collision – Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as damage from getting keyed, hail damage and falling objects. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Coverage for liability – Liability coverage provides protection from injuries or damage you cause to people or other property that is your fault. This coverage protects you from legal claims by others, and doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 100/300/100 which means a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property. Occasionally you may see a combined single limit or CSL which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage pays for claims such as pain and suffering, structural damage, emergency aid and attorney fees. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

UM/UIM Coverage – This coverage provides protection when the “other guys” are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family. Normally these limits are similar to your liability insurance amounts.

Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses like rehabilitation expenses, ambulance fees, funeral costs and prosthetic devices. They are used in conjunction with a health insurance plan or if you are not covered by health insurance. They cover all vehicle occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is not an option in every state and may carry a deductible

In any little way, save everyday

Lower-priced 2007 Ford Expedition EL insurance is available online and with local insurance agents, and you should be comparing both so you have a total pricing picture. A few companies may not provide online price quotes and many times these small insurance companies sell through independent insurance agents.

Consumers change insurance companies for a variety of reasons including high rates after DUI convictions, poor customer service, lack of trust in their agent or delays in responding to claim requests. Regardless of your reason, choosing a new company is pretty simple and you could end up saving a buck or two.

When searching for low cost auto insurance quotes, it’s not a good idea to skimp on critical coverages to save a buck or two. There are too many instances where drivers have reduced liability limits or collision coverage only to regret that the small savings ended up costing them much more. Your strategy should be to buy a smart amount of coverage at the best price, but don’t skip important coverages to save money.

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