Compare 1995 Ford Explorer Insurance Rates

Want the cheapest insurance coverage rates for your Ford Explorer? Cutting costs on insurance coverage can be difficult for people who are new to shopping for insurance online. You have so many companies to choose from that it can turn into a real hassle to find lower rates.

It’s a great practice to do rate comparisons every six months since insurance rates are constantly changing. Just because you found the best rates for Explorer coverage a year ago other companies may now be cheaper. Forget anything you know (or think you know) about insurance coverage because you’re about to learn the tricks you need to know to lower your rates without sacrificing coverage.

The purpose of this post is to help you learn how to effectively get price quotes. If you have car insurance now, you will be able to save some money using this strategy. Nevertheless, drivers must learn the methods companies use to price insurance differently and take advantage of how the system works.

Some factors that can determine what Ford Explorer insurance costs

It’s important that you understand the factors that go into determining the rates you pay for insurance. Having a good understanding of what controls the rates you pay enables informed choices that will entitle you to much lower annual insurance costs.

Listed below are some of the factors insurance companies consider when setting prices.

  • Pleasure use saves money – Driving more miles each year the higher your rate. Most insurance companies rate vehicles determined by how the vehicle is used. Cars not used for work or commuting can get a lower rate compared to those used for work or business. Ask your agent if your insurance coverage is showing the proper vehicle usage, because it can save money. If your policy improperly rates your Explorer can cost quite a bit.
  • Liability coverage protects you – Liability insurance provides coverage when a jury decides you are liable for damages from an accident. It provides legal defense which can cost thousands of dollars. Liability insurance is quite affordable compared to physical damage coverage, so buy as much as you can afford.
  • Your location is important – Residing in a small town can be a good thing when it comes to insurance. City drivers tend to have much more traffic and longer commute times. Fewer drivers means reduced accidents and also fewer theft and vandalism claims.
  • Occupation reflects on rates – Did you know your job can affect your rates? Careers like judges, executives and dentists are shown to have the highest average rates due to stressful work requirements and long work hours. Other jobs such as actors, historians and performers pay the least for Explorer coverage.
  • Men are more aggressive – Statistics have proven women are more cautious behind the wheel. However, this does not mean women are better drivers. They both tend to get into accidents at a similar rate, but men have costlier accidents. Men also have more aggressive citations such as DWI and reckless driving. Youthful male drivers are most likely to cause an accident and thus pay the highest rates.
  • Tickets mean higher rates – Your driving record impacts your car insurance rates tremendously. Careful drivers receive lower rates than bad drivers. Even one moving violation can boost insurance rates by twenty percent. Drivers who get serious violations such as reckless driving, hit and run or driving under the influence may be required to submit a SR-22 or proof of financial responsibility to the state department of motor vehicles in order to continue driving.
  • Your car’s features help determine rates – Owning a car that has an advanced theft prevention system can help bring down rates. Theft prevention features like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can help prevent auto theft.

Save on Ford Explorer insurance

Insurance can cost an arm and a leg, buy you may qualify for discounts that can drop the cost substantially. Some trigger automatically at the time you complete a quote, but a few need to be asked for prior to getting the savings.

  • New Vehicle Savings – Buying coverage on a new vehicle can save up to 30% because new vehicles have to meet stringent safety requirements.
  • Government Employees – Employees or retirees of the government can save as much as 8% for Explorer coverage with certain companies.
  • Student in College – Kids in college who live away from home without a vehicle on campus may qualify for this discount.
  • Fewer Miles Equal More Savings – Driving fewer miles can earn discounted rates on garaged vehicles.
  • One Accident Forgiven – Some insurance companies permit an accident without raising rates so long as you haven’t had any claims for a particular time prior to the accident.
  • Driver Safety – Taking a defensive driving course could possibly earn you a 5% discount if you qualify.
  • Braking Control Discount – Cars that have steering control and anti-lock brakes are safer to drive and therefore earn up to a 10% discount.
  • Senior Discount – Mature drivers may be able to get better auto insurance rates for Explorer coverage.
  • Multiple Vehicles – Buying coverage for multiple vehicles on one policy qualifies for this discount.
  • Driver’s Ed – Require your teen driver to enroll in driver’s education if it’s offered in school.

Keep in mind that most of the big mark downs will not be given to your bottom line cost. A few only apply to the cost of specific coverages such as comp or med pay. So even though they make it sound like all the discounts add up to a free policy, companies don’t profit that way. But any discount will bring down the cost of coverage.

To see a list of insurance companies who offer auto insurance discounts, click here.

Beware of misleading car insurance ads

State Farm, GEICO and Progressive continually stream ads on television and other media. All the companies make the same claim that you’ll save big after switching your coverage to them. How can each company say the same thing? This is how they do it.

Different companies have a certain “appetite” for the right customer that makes them money. A good example of a profitable customer could be over the age of 40, has no driving citations, and has a high credit rating. Any new insured that hits that “sweet spot” will get very good rates and as a result will probably save a lot of money.

Potential insureds who don’t measure up to the requirements will be quoted a more expensive rate and this can result in the customer not buying. The ads say “customers who switch” but not “drivers who get quotes” save that much. That’s why companies can advertise the way they do.

This emphasizes why it is so important to get as many quotes as possible. It’s not possible to predict which insurance companies will have the lowest Ford Explorer insurance rates.

Tailor your coverage to you

When it comes to buying coverage, there really is no single plan that fits everyone. Everyone’s situation is unique.

For instance, these questions may help highlight if your situation would benefit from professional advice.

  • Where can I find high-risk insurance?
  • Do I benefit by insuring my home with the same company?
  • Is a new car covered when I drive it off the dealer lot?
  • What if I owe more than I can insure my car for?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • When should I drop full coverage on my 1995 Ford Explorer?
  • How do I insure my teen driver?
  • Does medical payments coverage apply to all occupants?
  • Do I have coverage if my license is suspended?

If you’re not sure about those questions, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, complete this form.

Specifics of your auto insurance policy

Learning about specific coverages of auto insurance can help you determine the right coverages and proper limits and deductibles. Auto insurance terms can be difficult to understand and reading a policy is terribly boring.

Collision insurance

Collision insurance covers damage to your Explorer resulting from a collision with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage protects against things like colliding with another moving vehicle, crashing into a ditch, hitting a mailbox, rolling your car and sustaining damage from a pot hole. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. Drivers also have the option to increase the deductible to get cheaper collision coverage.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance kick in for expenses such as prosthetic devices, dental work, nursing services and hospital visits. They are utilized in addition to your health insurance policy or if you are not covered by health insurance. It covers both the driver and occupants in addition to any family member struck as a pedestrian. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Coverage for liability

Liability coverage protects you from injuries or damage you cause to other’s property or people by causing an accident. This coverage protects you from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property. Occasionally you may see one limit called combined single limit (CSL) which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage protects against claims such as loss of income, funeral expenses and repair costs for stationary objects. How much liability should you purchase? That is up to you, but consider buying as high a limit as you can afford.

Uninsured and underinsured coverage

Your UM/UIM coverage protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. It can pay for injuries to you and your family as well as damage to your Ford Explorer.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Most of the time the UM/UIM limits are set the same as your liablity limits.

Comprehensive coverages

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

Comprehensive insurance covers things such as theft, damage from getting keyed and damage from flooding. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

A fool and his money are soon parted

In this article, we presented many tips how you can get a better price on 1995 Ford Explorer insurance. It’s most important to understand that the more rate quotes you have, the better your chances of lowering your rates. Consumers could even find that the most savings is with an unexpected company.

Consumers leave their current company for a variety of reasons including policy cancellation, high prices, being labeled a high risk driver and even unfair underwriting practices. It doesn’t matter why you want to switch finding a new company is easier than you think.

Cheap insurance can be bought from both online companies as well as from independent agents, and you should be comparing both in order to have the best price selection to choose from. A few companies don’t offer the ability to get a quote online and these regional insurance providers work with independent agents.

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