How Much Does 2015 Ford Explorer Car Insurance Cost?

Have you finally had enough of robbing Peter to pay Paul to pay car insurance each month? You are in the same boat as millions of other vehicle owners.

Since you have so many insurance companies to choose from, it’s nearly impossible to choose the lowest cost company.

It’s smart to do price comparisons periodically because car insurance prices are variable and change quite frequently. Despite the fact that you may have had the best rate on Explorer coverage a year ago a different company probably has better premium rates today. You can search a lot of car insurance on the internet, but I’m going to show you the best ways to find affordable car insurance.

Buying car insurance is easy if you know what you’re doing. Essentially every vehicle owner who buys insurance should be able to find lower rates. Although car owners must comprehend how big insurance companies sell insurance online because it can help you find the best coverage.

Smart choices result in lower insurance premiums

The best way to find cheaper car insurance is to take a look at some of the factors that come into play when calculating your car insurance rates. When you know what positively or negatively influences your rates, this enables you to make decisions that could help you find lower premium levels. Many different elements are taken into consideration when you quote your car insurance policy. A few of the factors are predictable such as your driving record, but some are more transparent such as whether you are married and annual miles driven.

The following are just a few of the factors used by companies to determine your rate level.

  • Higher deductibles are cheaper – The deductibles you choose tell how much you are required to spend out-of-pocket if you file a covered claim. Physical damage insurance, also called comprehensive and collision insurance, covers damage that occurs to your car. Some instances where coverage would apply are colliding with a stationary object, fire damage, and having a roll-over accident. The higher the amount you are required to pay out-of-pocket, the less your car insurance will be on Explorer coverage.
  • Liability coverage – A critical coverage on your policy, liability insurance will provide protection if ever you are found to be at fault for damages from an accident. Your policy’s liability insurance provides legal defense coverage to defend your case. It is affordable coverage when compared to the cost of physical damage coverage, so insureds should have plenty of protection for their assets.
  • City dwellers may pay more – Being located in a rural area has definite advantages when buying car insurance. People in densly populated areas regularly have congested traffic and longer commute times. Fewer drivers means reduced accidents as well as less vandalism and auto theft.
  • Excellent credit equals lower costs – Having a bad credit history is likely to be a major factor in your rate calculation. Insureds with high credit scores tend to file fewer claims than those with lower credit scores. If your credit can be improved, you could potentially save money when insuring your 2015 Ford Explorer by repairing your credit.
  • Infrequent drivers can save – The more you drive in a year’s time the higher your rate. The majority of insurers calculate prices based upon how much you drive. Cars and trucks that do not get driven very much receive better premium rates than those that get driven frequently. Improper usage on your Explorer is just wasting money. It’s a smart idea to ensure your car insurance policy shows the correct driver usage.
  • Incidental coverages push up premiums – Insurance companies have many optional add-on coverages you can purchase if you don’t pay attention. Add-on coverages like coverage for rental cars, towing, and extra life insurance coverage may be wasting your money. You may think they are a good idea when talking to your agent, but your money might be better spent on other coverage so think about removing them and cutting costs.

How to buy insurance coverage

To find cheap insurance quotes, there are several ways to compare prices from many different insurance companies. By far the easiest way to find affordable Ford Explorer insurance rates is simply to get online rate quotes. It is quite easy and can be accomplished in just a few minutes using one of these methods.

  1. The fastest way to find the lowest comparison rates is to use a rate comparison form like this one (opens in new window). This type of form keeps you from doing separate forms for each company. Filling out one form gets coverage cost estimates from several companies.
  2. A more time consuming way to find more affordable insurance is going to the website for each individual company to complete their respective quote request forms. For sake of this example, we’ll assume you want to get rates from Allstate, State Farm and Liberty Mutual. To get each rate you have to spend time going to each site individually to enter the same coverage data repeatedly, which is why the first method is quicker.

    For a list of companies in your area, click here.

  3. The most difficult way to compare rates is calling or driving to insurance agents’ offices. Shopping for insurance coverage online can eliminate the need for a local agent unless you’re the type of person who wants the peace of mind that can only be provided by a licensed insurance agent. However, consumers can compare online quotes but purchase the actual policy in an agency.

Whichever method you choose, make absolute certain that you use the same coverages for each comparison quote. If you are comparing different values for each quote you will not be able to decipher which rate is best. Just slight variations in insurance coverages may result in a large different in cost. Just remember that comparing a wide range of rates helps you find lower pricing. Some insurance companies are not set up to provide online price quotes, so it’s important to compare rates from those companies as well.

Can you really save if you switch?

Well-known insurance coverage companies like GEICO, State Farm and Progressive continually stream ads in print and on television. They all make the point about saving some big amount just by switching to them. But how can every company make almost identical claims? This is the trick they use.

Many companies have specific characteristics for the driver they prefer to insure. One example of a preferred risk may need to be between the ages of 40 and 55, has had continuous coverage, and has great credit. A customer who fits that profile will qualify for the lowest rates and have a good chance to save some money.

People who are not a match for the ideal profile will have to pay more expensive rates which translates to the customer not buying. If you pay close attention to the ads, they say “drivers that switch” not “everybody who quotes” save money. That’s why insurance companies can confidently advertise the savings. Different companies use different criteria so you should compare free insurance quotes often. Because you never know which insurance coverage company will provide the lowest premium rates.

Do you qualify for discount insurance coverage?

Some providers don’t always publicize every disount available very clearly, so here is a list both the well known as well as some of the hidden credits available to bring down your rates.

  • Clubs and Organizations – Being in specific professional or occupational memberships or organizations could qualify you for a break when shopping for insurance coverage.
  • One Accident Forgiven – Not a discount per se, but some insurance companies will forgive one accident without getting socked with a rate hike if you have no claims for a certain period of time.
  • Passive Restraints – Vehicles with factory air bags may get savings up to 30%.
  • Mature Driver Discount – Mature drivers can get a small discount on rates on Explorer coverage.
  • Discounts for Seat Belt Usage – Using a seat belt and requiring all passengers to use a seat belt can save up to 15% off the personal injury premium cost.
  • Discounts for Cautious Drivers – Insureds without accidents can save as much as half off their rates on Explorer coverage compared to rates paid by drivers with frequent claims.
  • Defensive Driver – Taking time to complete a course teaching driver safety skills could save 5% or more and easily pay for the cost of the class.
  • Anti-theft Discount – Cars equipped with anti-theft or alarm systems are less likely to be stolen and that can save you a little bit as well.
  • College Student – who are enrolled in higher education away from home and don’t have a car may be able to be covered for less.

It’s important to note that most discounts do not apply the the whole policy. Most only cut the price of certain insurance coverages like comprehensive or collision. Despite the appearance that you would end up receiving a 100% discount, that’s just not realistic.

A list of insurance coverage companies and some of their more popular discounts are outlined below.

  • State Farm offers discounts for safe vehicle, good driver, multiple policy, passive restraint, and good student.
  • Esurance offers premium reductions for emergency road assistance, claim free, online quote, good student, and paid-in-full.
  • Progressive may offer discounts for continuous coverage, good student, multi-policy, online signing, and homeowner.
  • Liberty Mutual includes discounts for safety features, new move discount, teen driver discount, newly retired, and new vehicle discount.
  • Auto-Owners Insurance offers discounts including student away at school, safe driver, anti-theft, teen driver, mature driver, paperless, and group or association.
  • GEICO discounts include seat belt use, multi-vehicle, anti-lock brakes, driver training, and federal employee.

Double check with every company which credits you are entitled to. Savings may not apply in your state.

What insurance coverages do I need?

When buying the right insurance coverage, there is no single plan that fits everyone. Each situation is unique and your policy should reflect that. Here are some questions about coverages that may help you determine whether your personal situation might need professional guidance.

  • What exactly is covered by my policy?
  • Do I need to file an SR-22 for a DUI in my state?
  • Am I missing any policy discounts?
  • Am I covered if I wreck a rental car?
  • Is my 2015 Ford Explorer covered for smoke damage?
  • If I drive on a suspended license am I covered?
  • Do I need roadside assistance coverage?
  • Am I covered if I break a side mirror?

If you can’t answer these questions but you know they apply to you, you might consider talking to a licensed agent. If you don’t have a local agent, fill out this quick form or you can also visit this page to select a carrier

What auto insurance coverages do you need?

Learning about specific coverages of auto insurance can be of help when determining the best coverages at the best deductibles and correct limits. Auto insurance terms can be confusing and nobody wants to actually read their policy. Below you’ll find typical coverage types offered by auto insurance companies.

Collision insurance

This covers damage to your Explorer resulting from colliding with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims like hitting a mailbox, sustaining damage from a pot hole and crashing into a building. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. Another option is to choose a higher deductible to save money on collision insurance.

Uninsured/Underinsured Motorist coverage

This coverage provides protection from other drivers when they either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and damage to your 2015 Ford Explorer.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses such as chiropractic care, dental work, pain medications and hospital visits. They are often used in conjunction with a health insurance policy or if you do not have health coverage. They cover you and your occupants as well as any family member struck as a pedestrian. PIP is not universally available but can be used in place of medical payments coverage

Liability coverage

Liability coverage provides protection from damage that occurs to people or other property in an accident. This coverage protects you against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.

Liability coverage protects against claims like bail bonds, legal defense fees and emergency aid. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.

Comprehensive coverage

This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for claims like damage from flooding, hitting a bird, hail damage, theft and damage from getting keyed. The highest amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Don’t break the bank

You just read some good ideas how to lower your 2015 Ford Explorer insurance premium rates. It’s most important to understand that the more quotes you get, the better likelihood of getting low cost insurance. You may even discover the most savings is with some of the lesser-known companies. Some small companies often have lower prices on specific markets than their larger competitors like State Farm, GEICO and Nationwide.

When you buy insurance online, do not buy lower coverage limits just to save a few bucks. In many cases, consumers will sacrifice uninsured motorist or liability limits to discover at claim time that the few dollars in savings costed them thousands. The proper strategy is to buy enough coverage for the lowest price, but don’t skip important coverages to save money.

A few companies may not provide rates over the internet and most of the time these regional insurance providers sell through independent insurance agencies. Budget-conscious 2015 Ford Explorer insurance can be purchased on the web and also from your neighborhood agents, and you need to comparison shop both to have the best chance of lowering rates.

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