Compare 2009 Ford Expedition Insurance Rates

Having to pay for pricey Ford Expedition insurance can sap your savings account and force you to make sacrifices.

Numerous insurers battle for your business, so it can be very hard to choose a insurance company and uncover the absolute lowest rate

If you have car insurance now, you should be able to reduce your rates substantially using these methods. Choosing the best insurance company for you is not that difficult. But consumers must learn the methods companies use to determine prices.

Five factors that impact insurance premiums

An important part of buying insurance is that you know some of the factors that go into determining the level of your policy premiums. If you have some idea of what determines base rates, this enables informed choices that can earn you big savings.

The items below are some of the things used by insurance companies to determine rates.

  • Male costs may be higher – Statistics demonstrate that women are safer drivers than men. Now that doesn’t mean females are better at driving than males. Men and women are responsible for at-fault accidents at a similar rate, but males have accidents that have higher claims. Not only that, but men also have more aggressive citations like driving under the influence (DUI).
  • Liability protection preserves assets – A critical coverage on your policy, liability insurance will afford coverage in the event that you are determined to be liable for damages caused by your negligence. It will provide legal defense coverage to attempt to prove you were not liable. This coverage is relatively inexpensive when compared with rates for comp and collision, so drivers should buy more than the minimum limits required by law.
  • Drive less and save – Driving a lot of miles annually the higher your rates will be. The majority of insurers charge rates based on their usage. Cars and trucks that do not get driven very much qualify for better rates than vehicles that have high annual mileage. Having the wrong rating on your Expedition may be costing you. Ask your agent if your insurance policy states the correct usage.
  • Having a spouse reduces risk – Your spouse helps lower the price on your insurance bill. Marriage translates into being more responsible and insurance companies reward insureds because drivers who are married are more cautious.
  • Save money by having multiple policies – Some insurance companies will award better rates to insureds that have more than one policy such as combining an auto and homeowners policy. Even if you already get this discount, you may still want to compare rates to help guarantee you have the best rates.There is a chance you can find lower rates by insuring with multiple companies.

Lower rates by qualifying for discounts

The price of auto insurance can be rather high, but you may qualify for discounts that can drop the cost substantially. Some discounts apply automatically when you get a quote, but occassionally some discounts must be inquired about before they will apply.

  • Multi-line Discount – If the company offers life insurance, you could get lower rates if you buy auto and life insurance together.
  • Multiple Cars – Purchasing coverage when you have primary and secondary vehicles with the same insurance coverage company can reduce the rates for all insured vehicles.
  • Theft Deterent System – Cars, trucks, and SUVs equipped with tracking devices and advanced anti-theft systems prevent vehicle theft and that can save you a little bit as well.
  • ABS Braking Discount – Vehicles with ABS braking systems or traction control prevent accidents so you can save 10 percent or more.
  • Accident Waiver – Not necessarily a discount, but certain companies will let one accident slide before they charge you more for coverage as long as you don’t have any claims for a certain period of time.
  • Switch and Save Discount – Some larger companies provide a discount for switching to them before your current coverage expires. The savings is around 10%.
  • Good Students Pay Less – Maintaining excellent grades could provide a savings of up to 20% or more. You can use this discount normally well after school through age 25.
  • Government Employees – Active or former government employment can save as much as 8% for Expedition insurance depending on your insurance coverage provider.

As a footnote on discounts, 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. Even though it appears adding up those discounts means a free policy, insurance companies wouldn’t stay in business.

To see companies that offer some of these discounts, follow this link.

Big names are not always cheapest

Companies like GEICO, State Farm and Progressive seem to constantly run ads on television and other media. They all seem to make the point that you’ll save big after switching your policy. How can each company cost less than your current company? Just pay attention to how they say it.

Many companies require specific criteria for the type of customer that will not have excessive claims. One example of a profitable insured might be described as between the ages of 30 and 45, has never had a claim, and has a high credit rating. Any customer who fits those characteristics receives the best car insurance rates and most likely will cut their rates if they switch.

Potential customers who do not meet these standards will probably have to pay more expensive rates which usually ends up with the customer not purchasing. The ad wording is “customers that switch” but not “all drivers who get quotes” save the amount stated. This is how companies can advertise the savings. Because every company is different, you need to compare free auto insurance quotes often. You cannot predict with any certainty which company will have the best prices for your profile.

Auto insurance is unique, just like you

When it comes to buying adequate coverage for your personal vehicles, there really is not a “best” method to buy coverage. Each situation is unique so your insurance needs to address that. For example, these questions may help highlight whether your personal situation could use an agent’s help.

  • Do I need rental car coverage?
  • Do I need higher collision deductibles?
  • How much liability insurance is required?
  • Does liability extend to a camper or trailer?
  • Should I drop comprehensive coverage on older vehicles?
  • Are rental cars covered under my policy?
  • What can I do if my company won’t pay a claim?
  • Is my babysitter covered when using my vehicle?
  • Is a blown tire covered by insurance?

If you don’t know the answers to these questions but a few of them apply, you may need to chat with an agent. To find lower rates from a local agent, take a second and complete this form or click here for a list of auto insurance companies in your area.

Information about specific coverages

Having a good grasp of a car insurance policy helps when choosing the right coverages and proper limits and deductibles. The coverage terms in a policy can be confusing and coverage can change by endorsement. Listed below are typical coverage types found on most car insurance policies.

Comprehensive coverage

Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like a broken windshield, vandalism, rock chips in glass and damage from getting keyed. The maximum amount a car insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Liability car insurance

This will cover injuries or damage you cause to people or other property in an accident. It protects you against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 50/100/50 that means you have a limit of $50,000 per injured person, $100,000 for the entire accident, and $50,000 of coverage for damaged propery.

Liability coverage pays for things such as court costs, bail bonds and legal defense fees. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase as much as you can afford.

Uninsured/Underinsured Motorist coverage

This protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. This coverage pays for hospital bills for your injuries as well as damage to your 2009 Ford Expedition.

Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP provide coverage for bills for rehabilitation expenses, hospital visits, chiropractic care, ambulance fees and nursing services. The coverages can be utilized in addition to your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants and will also cover any family member struck as a pedestrian. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

Collision coverage protection

This coverage will pay to fix damage to your Expedition caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things such as scraping a guard rail, backing into a parked car and crashing into a ditch. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. Drivers also have the option to raise the deductible to save money on collision insurance.

Save your hard earned cash

You just learned quite a bit of information on how to save on 2009 Ford Expedition insurance. It’s most important to understand that the more providers you compare, the higher the chance of saving money. You may be surprised to find that the biggest savings come from some of the lesser-known companies. Some small companies often have lower premium rates on specific markets than their larger competitors like Progressive and GEICO.

When trying to cut insurance costs, do not sacrifice coverage to reduce premiums. In many cases, an accident victim reduced comprehensive coverage or liability limits only to regret at claim time that the savings was not a smart move. Your goal is to buy the best coverage you can find at the lowest possible cost but still have enough coverage for asset protection.

Additional detailed information can be read at these sites: