Lower Your 1993 Ford Explorer Insurance Rates

Purchasing the lowest cost insurance may be intimidating for people that are relatively new to comparing and buying insurance online. With such a large number of insurers available, how are we expected to have a chance to compare all the different companies and get cheaper insurance prices?

Consumers need to quote other rates occasionally due to the fact that insurance prices are constantly changing. Despite the fact that you may have had the best price on Explorer insurance a few years ago you will most likely find a better rate today. You’ll find a ton of advice on insurance on the internet, but I’m going to show you some of the best ways to slash your insurance rates.

How to buy insurance coverage online

When shopping for insurance coverage there are multiple ways to get quotes from many insurance coverage companies in your state. The easiest way by far to compare rates consists of obtaining rate quotes online. This is quite simple and can be completed in just a few minutes using one of these methods.

The fastest and easiest way consumers can analyze rates is to use a rate comparison form click to view form in new window. This easy form keeps you from doing a different quote for each company. A single form gets you coverage quotes from multiple companies. It’s definitely the quickest method.

Another way to get quotes online is going to each individual company website and fill out a new quote form. For examples sake, we’ll assume you want to get rates from Auto-Owners, Farmers and State Farm. In order to compare rates, you need to go to each individual site and enter your information, which can get rather old. To view a list of companies in your area, click here.

The old school way to quote and compare insurance rates is physically going to insurance agencies in your area. Quoting online can eliminate the need for a local agent unless you have a need for the professional advice that you can only get from talking to an agent. You can, however, price shop online and have a local agent actually service the policy.

Which method you use is up to you, but ensure you’re using apples-to-apples information on every quote you get. If you use different limits and deductibles on each one you will not be able to determine which rate is truly the best. Just a small difference in coverages could mean much higher rates. And when comparing insurance coverage rates, know that more quotes increases the change that you will find a better price.

More discounts mean cheap premiums

Some insurers do not list the entire discount list in an easy-to-find place, so the list below gives a summary of some of the best known as well as some of the hidden credits available to bring down your rates.

• Low Mileage Discounts – Driving less may allow you to get better rates on cars that stay parked.
• Multiple Cars – Drivers who insure primary and secondary vehicles with the same insurance company may reduce the rate for each vehicle.
• Homeowners Savings – Just owning your own home can earn you a little savings because owning a home requires a higher level of personal finance.
• Safe Drivers – Insureds without accidents could pay up to 40% less on Explorer insurance than their less cautious counterparts.
• Driver’s Education for Students – Reduce the cost of insurance for teen drivers by having them participate in a local driver’s education class in school or through a local driver safety program.
• Good Grades Discount – Performing well in school can earn a discount of 20% or more. The good student discount can last until age 25.
• Professional Organizations – Joining certain professional organizations could qualify you for a break when getting a insurance quote.

Discounts save money, but please remember that most discounts do not apply to all coverage premiums. Most only reduce specific coverage prices like physical damage coverage or medical payments. If you do the math and it seems like you could get a free insurance policy, insurance companies wouldn’t stay in business.

Large insurance companies and their offered discounts are outlined below.

• AAA offers discounts including multi-policy, anti-theft, pay-in-full, AAA membership discount, good student, and multi-car.
• Progressive may include discounts for multi-vehicle, homeowner, online signing, continuous coverage, and multi-policy.
• State Farm discounts include student away at school, good student, good driver, driver’s education, Drive Safe & Save, passive restraint, and multiple policy.
• Esurance has savings for homeowner, DriveSense, Switch & Save, paid-in-full, Pac-12 alumni, renters, and multi-policy.
• Nationwide may have discounts that include Farm Bureau membership, good student, multi-policy, defensive driving, easy pay, and business or organization.

When getting free insurance quotes, it’s a good idea to each company how many discounts you can get. Some credits may not apply in your area.

It’s not one size fits all

When buying adequate coverage for your vehicles, there really is no “perfect” insurance plan. Coverage needs to be tailored to your specific needs.

These are some specific questions may help highlight whether or not you may require specific advice.

• Does my policy cover my teen driver if they drive my company car?
• Is my teenager covered with friends in the car?
• Am I insured when driving a different vehicle?
• Why is insurance for a teen driver so high?
• Does my car insurance cover rental cars?
• Why am I be forced to buy a membership to get insurance from some companies?
• Should I file a claim if it’s only slightly more than my deductible?
• Is business property covered if stolen from my car?
• How do I buy GAP insurance?
• Does coverage extend to a rental car in a foreign country?

If it’s difficult to answer those questions but one or more may apply to you, you might consider talking to an insurance agent. To find an agent in your area, complete this form.

Auto insurance coverages and their meanings

Understanding the coverages of your auto insurance policy can help you determine the right coverages and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy.

UM/UIM Coverage – This coverage protects you and your vehicle from other motorists when they either have no liability insurance or not enough. This coverage pays for injuries to you and your family and also any damage incurred to your Ford Explorer.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family. Frequently these limits are set the same as your liablity limits.

Liability insurance – Liability insurance can cover damage that occurs to people or other property by causing an accident. This insurance protects YOU from legal claims by others, and does not provide coverage for damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 50/100/50 which stand for a limit of $50,000 per injured person, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property. Alternatively, you may have one limit called combined single limit (CSL) that pays claims from the same limit rather than limiting it on a per person basis.

Liability can pay for things like bail bonds, repair bills for other people’s vehicles, legal defense fees and court costs. How much liability coverage do you need? That is a decision to put some thought into, but buy as high a limit as you can afford.

Medical costs insurance – Coverage for medical payments and/or PIP kick in for bills such as prosthetic devices, dental work, ambulance fees and hospital visits. They are utilized in addition to your health insurance policy or if you are not covered by health insurance. It covers all vehicle occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Comprehensive or Other Than Collision – This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as damage from a tornado or hurricane, theft, fire damage, rock chips in glass and damage from flooding. The maximum amount a auto insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

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

Collision coverage pays for claims like scraping a guard rail, driving through your garage door, rolling your car and colliding with another moving vehicle. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. You can also bump up the deductible to get cheaper collision coverage.