Cheaper 2002 Ford Excursion Insurance Quotes

Searching for cheap insurance over the internet may be problematic for people who are new to buying insurance online. Since there are so many online companies, how can consumers effectively compare them all to find the best price?

Comparison of Insurance

Effectively comparing insurance prices can be challenging if you don’t know the most efficient way. You could waste time driving to insurance agencies in your area, or you can stay home and use online quoting to get the quickest rates.

All the larger companies are enrolled in a marketplace where prospective buyers submit their information once, and at least one company can provide price quotes. This eliminates the need for quotation requests to each individual insurance company.

To participate in this free quote system, click here (opens in new window).

The only downside to using this type of form is that you can’t choose the providers you will receive quotes from. So if you prefer to pick specific providers for rate comparison, we put together a list of insurance companies in your area. Click here to view list.

Whichever method you choose, make absolute certain that you use exactly the same coverage information for every company. If your comparisons have differing limits you can’t possibly find the best deal for your Ford Excursion. Having just a slight variation in insurance coverages may result in a large different in cost. And when quoting insurance, remember that obtaining a wide range of quotes will improve the odds of getting a lower rate.

What determines your Ford Excursion insurance premium

Consumers need to have an understanding of the rating factors that go into determining auto insurance rates. Having a good understanding of what controls the rates you pay allows you to make educated decisions that could result in better auto insurance rates.

  • High credit ratings translate to low rates – Your credit rating is a big factor in your rate calculation. Consumers who have high credit ratings tend to be less risk to insure than drivers who have lower credit scores. If your credit score can use some improvement, you could potentially save money when insuring your 2002 Ford Excursion by improving your rating.
  • Where do you drive? – Driving more miles each year the higher your rates will be. The majority of insurers charge to insure your cars based on how the vehicle is used. Cars used primarily for pleasure use receive lower rates than those used for commuting. Improper usage on your Excursion may be costing you. Double check that your auto insurance coverage is showing the proper vehicle usage, because improper ratings can cost you money.
  • Policy add-ons can waste money – There are many extra coverages that you can buy on your auto insurance policy. Coverages for vanishing deductibles, towing coverage and motor club memberships may be wasting your money. They may seem good initially, but if you don’t need them eliminate them to save money.
  • Multiple policies with one company can save – Most insurance companies provide better rates to insureds who buy several policies from them. It’s known as a multi-policy discount. Discounts can be 10 percent or more. If you currently are using one company, it’s still a good idea to comparison shop to verify if the discount is saving money.
  • Marriage pays dividends – Having a spouse can actually save you money on your policy. Having a significant other translates into being more responsible it has been statistically shown that married drivers get in fewer accidents.
  • Better crash test results mean better rates – Vehicles with good safety scores are cheaper to insure. These vehicles have better occupant injury protection and better occupant protection translates into fewer and smaller insurance claims and more competitive rates for policyholders. If your Ford Excursion earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website you are probably receiving a discount.
  • Mature drivers pay less – Teenage drivers have a tendency to be less responsible in a vehicle so they pay higher auto insurance rates. Mature drivers tend to be more responsible, tend to file fewer claims and get fewer tickets.
  • Lower rates with optional equipment – Purchasing a vehicle with a theft deterrent system can get you a discount on your auto insurance. Anti-theft devices such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping car theft.

Discounts on Ford Excursion insurance

The cost of insuring your cars can be expensive, buy you may qualify for discounts to help offset the cost. Certain discounts will be triggered automatically when you purchase, but less common discounts must be asked for before you get the savings.

  • Passive Restraints and Air Bags – Vehicles equipped with air bags can get savings up to 30%.
  • Drive Less and Save – Driving fewer miles could qualify for better rates on cars that stay parked.
  • Paperless Signup – A handful of insurance companies will discount your bill up to fifty bucks for buying a policy and signing up over the internet.
  • Life Insurance Discount – Select insurance companies reward you with a discount if you purchase life insurance from them.
  • Multi-car Discount – Buying insurance for more than one vehicle on one policy qualifies for this discount.
  • Student in College – Kids in college living away from home attending college and don’t have a car can receive lower rates.

Consumers should know that many deductions do not apply to your bottom line cost. Most only reduce the cost of specific coverages such as liability and collision coverage. So even though it sounds like all those discounts means the company will pay you, it just doesn’t work that way. But all discounts will reduce the amount you have to pay.

A partial list of companies that may offer some of the above discounts are:

Check with each insurance company which discounts you may be entitled to. Discounts might not apply everywhere.

Tailor your coverage to you

When it comes to buying coverage, there really is no “perfect” insurance plan. Everyone’s situation is a little different.

Here are some questions about coverages that can aid in determining if your situation would benefit from professional advice.

  • Am I covered if I hit my neighbor’s mailbox?
  • Does having multiple vehicles earn me a discount?
  • What is the difference between comprehensive and collision coverage?
  • How can I find cheaper teen driver insurance?
  • Is motorclub coverage worth it?
  • Does liability extend to a camper or trailer?
  • When can my company non-renew my policy?
  • Should I have a commercial auto policy?

If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form.

Auto insurance coverage options for a 2002 Ford Excursion

Understanding the coverages of auto insurance can be of help when determining which coverages you need at the best deductibles and correct limits. Auto insurance terms can be ambiguous and even agents have difficulty translating policy wording.

Comprehensive (Other than Collision)

Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims such as damage from flooding, theft, falling objects, hitting a bird and damage from getting keyed. The maximum amount your auto insurance company will pay is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Medical expense insurance

Medical payments and Personal Injury Protection insurance reimburse you for bills for chiropractic care, ambulance fees, doctor visits, X-ray expenses and funeral costs. They can be used in conjunction with a health insurance policy or if you do not have health coverage. Coverage applies to you and your occupants and also covers any family member struck as a pedestrian. Personal injury protection coverage is only offered in select states and may carry a deductible

Liability car insurance

Liability coverage will cover damages or injuries you inflict on other people or property that is your fault. It protects you from claims by other people, and doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property. Alternatively, you may have one number which is a combined single limit which limits claims to one amount rather than limiting it on a per person basis.

Liability insurance covers things such as court costs, medical services, pain and suffering and emergency aid. The amount of liability coverage you purchase is a personal decision, but buy as high a limit as you can afford.

Protection from uninsured/underinsured drivers

This protects you and your vehicle from other drivers when they are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries and damage to your Ford Excursion.

Due to the fact that many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important. Frequently your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Collision protection

This pays for damage to your Excursion resulting from a collision with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as hitting a mailbox, crashing into a ditch and hitting a parking meter. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to increase the deductible in order to get cheaper collision rates.

Shop smart and save

Insureds who switch companies do it for a number of reasons such as an unsatisfactory settlement offer, high prices, policy non-renewal and even delays in responding to claim requests. Regardless of your reason for switching companies, switching companies is not as difficult as it may seem.

Throughout this article, we presented a lot of techniques to shop for 2002 Ford Excursion insurance online. The most important thing to understand is the more times you quote, the better chance you’ll have of finding lower rates. Consumers may even find the biggest savings come from the least-expected company.

As you restructure your insurance plan, it’s not a good idea to skimp on critical coverages to save a buck or two. Too many times, someone dropped liability coverage limits and learned later that saving that couple of dollars actually costed them tens of thousands. The ultimate goal is to find the BEST coverage for the lowest price.

Additional information