Lower Your 1994 Ford Explorer Insurance Cost

Searching for lower auto insurance rates for your Ford Explorer? Feel like you’re a prisoner to high-priced auto insurance? Trust us when we tell you there are lots of residents who feel the same.

People have so many car insurance companies to choose from, and although it’s a good thing to be able to choose, more choices can make it harder to compare rates.

It’s smart to compare premium rates before your policy renews because prices go up and down regularly. If you had the lowest price for Explorer insurance a few years ago a different company probably has better rates today. You can find a lot of information about auto insurance on the web, but in this article, you’re going to get some guaranteed methods to lower your auto insurance rates.

Lower rate quotes by applying discounts

Some providers don’t necessarily list every possible discount in a way that’s easy to find, so we researched some of the best known and also the lesser-known discounts that you can inquire about if you buy insurance coverage online.

• Professional Memberships – Affiliation with qualifying clubs or civic groups could trigger savings on your bill.
• Anti-lock Brakes – Vehicles that have anti-lock braking systems are much safer to drive and therefore earn up to a 10% discount.
• Pay Now and Pay Less – If paying your policy premium upfront rather than paying in monthly installments you can avoid monthly service charges.
• Seat Belts Save – Requiring all passengers to buckle up before driving can save 10% or more on the medical payments or PIP coverage costs.
• Own a Home and Save – Just being a homeowner can get you a discount since home ownership demonstrates responsibility.
• Drive Safe and Save – Drivers without accidents may receive a discount up to 45% for Explorer insurance than drivers with accidents.
• Low Mileage – Keeping the miles down on your Ford may enable drivers to earn lower rates due to less chance of an accident.
• Military Discounts – Being on active duty in the military could mean lower insurance coverage rates.
• Multi-line Discount – Insurance carriers who offer life insurance give a small discount if you purchase a life insurance policy as well.
• Driver Education Discount – It’s a good idea to have your young drivers enroll in driver’s education in school or through a local driver safety program.

While discounts sound great, it’s important to understand that most discount credits are not given the the whole policy. Some only apply to individual premiums such as physical damage coverage or medical payments. So when the math indicates it’s possible to get free car insurance, you won’t be that lucky.

Car insurance companies that may offer most of the discounts above possibly include:

• State Farm
• Geico
• Liberty Mutual
• The Hartford
• MetLife
• Progressive

When comparing rates, check with each insurance company which discounts can lower your rates. Some discounts might not apply in every state.

Compare insurance quotes online

The are a couple different ways to compare rate quotes from many insurance companies in your state. The easiest way by far to compare rates involves getting comparison quotes online. This is very easy and can be done in just a few minutes using one of these methods.

1. Hands down the most simple method to get quotes for comparison would be an industry-wide quote request form like this one (opens in new window). This form saves time by eliminating separate quotes for each company. One quote request gets insurance cost estimates from many national carriers.
2. A more time consuming way to find lower rates is to manually visit the website for every company you want to comare and fill out a new quote form. For sake of this example, we’ll pretend you want to compare rates from USAA, Progressive and State Farm. To do that, you would have to visit each site and enter your information, which is why most consumers use the first method. To view a list of companies in your area, click here.

Whichever method you choose, be certain you are entering identical information for each comparison quote. If you have unequal deductibles or liability limits it will be nearly impossible to determine the best price for your Ford Explorer. Slightly different insurance coverages or limits can mean a large discrepancy in price. And when comparing insurance rates, know that comparing more rates from different companies helps increase your odds of locating a lower rate. Some smaller insurers to not give online rate quotes, so it’s important to compare quotes from them, too.

Informed drivers save every year

A large part of saving on auto insurance is knowing some of the factors that come into play when calculating your policy premiums. If you have a feel for what impacts premium levels, this enables informed choices that can help you get big savings. Lots of things are considered when you get your auto insurance bill. Some factors are common sense such as your driving record, but some are more obscure such as your credit history or your vehicle rating.

The factors shown below are some of the most rate-impacting factors that factor into prices.

• Amount of liability insurance – Liability insurance is the coverage that protects you in the event that you are ruled to be at fault for damages from an accident. This coverage provides legal defense coverage to attempt to prove you were not liable. Liability insurance is quite affordable when compared with rates for comp and collision, so do not cut corners here.
• Insurance is expensive for teen drivers – Teen drivers are statistically shown to get distracted easily with other occupants in the car so auto insurance rates are higher. Adding a teen driver to your auto insurance policy can break the bank. More experienced drivers have been proven to be more responsible, cost insurance companies less in claims , and usually have better credit.
• Never go without auto insurance – Driving any period of time without insurance is a misdemeanor and auto insurance companies will penalize you for letting your insurance lapse for non-payment. And not only will your rates increase, failure to provide proof of insurance may result in a revoked license or a big fine.
• Little extras can really add up – There are a lot of extra coverages that can waste your money on your Explorer policy. Coverages like rental car reimbursement, death and dismemberment, and extra equipment coverage may be costing you every month. The coverages may be enticing when talking to your agent, but if they’re wasting money eliminate the coverages to reduce your premium.
• Credit score impacts premium rates – Your credit rating factor in determining what you pay. Insureds that have high credit scores tend to file fewer claims than drivers with lower credit ratings. If your credit history can use some improvement, you could pay less to insure your 1994 Ford Explorer by spending a little time repairing your credit.
• Marriage discount – Getting married can get you a discount when buying auto insurance. Having a significant other may mean you are more financially stable and statistics show married drivers get in fewer accidents.

Your insurance coverage coverage should be tailored to you

When buying the best insurance coverage coverage, there really is no “perfect” insurance plan. Every insured’s situation is different so your insurance should reflect that For instance, these questions might help in determining if your situation might need professional guidance.

• Is borrowed equipment or tools covered if stolen or damaged?
• When would I need additional glass coverage?
• What is medical payments coverage?
• Does my policy cover my teen driver if they drive my company car?
• Should I drop comprehensive coverage on older vehicles?
• Am I covered when pulling a rental trailer?

If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies.

Car insurance coverage information

Learning about specific coverages of a insurance policy helps when choosing the best coverages and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement. Listed below are the usual coverages available from insurance companies.

Liability insurance

Liability insurance will cover damage or injury you incur to other’s property or people in an accident. It protects you from claims by other people, and does not provide coverage for damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 50/100/50 that translate to $50,000 bodily injury coverage, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property. Some companies may use one limit called combined single limit (CSL) which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage pays for things like medical expenses, attorney fees, pain and suffering and repair costs for stationary objects. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy as high a limit as you can afford.

Uninsured or underinsured coverage

This gives you protection from other drivers when they either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants as well as damage to your 1994 Ford Explorer.

Since many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family. Usually the UM/UIM limits are set the same as your liablity limits.

Auto collision coverage

This coverage will pay to fix damage to your Explorer resulting from a collision with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers claims like hitting a mailbox, driving through your garage door and rolling your car. This coverage can be expensive, so consider removing coverage from older vehicles. You can also increase the deductible to save money on collision insurance.

Medical expense coverage

Medical payments and Personal Injury Protection insurance pay for immediate expenses for things like dental work, rehabilitation expenses, hospital visits and X-ray expenses. They are used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants in addition to getting struck while a pedestrian. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Comprehensive protection

This coverage covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like hitting a bird, damage from a tornado or hurricane and vandalism. The maximum amount you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Don’t be a big spender

In this article, we presented quite a bit of information on how to shop for 1994 Ford Explorer insurance online. The key concept to understand is the more you quote insurance coverage, the higher your chance of finding the cheapest insurance coverage. You may be surprised to find that the best price on car insurance is with some of the lesser-known companies. These smaller insurers often have lower auto insurance rates on specific markets than the large multi-state companies such as Allstate, Geico and Progressive.

When getting insurance coverage quotes online, it’s not a good idea to skimp on critical coverages to save a buck or two. In many cases, an insured cut full coverage and learned later that the few dollars in savings costed them thousands. Your strategy should be to buy a smart amount of coverage at the lowest possible cost, but do not sacrifice coverage to save money.

Discount 1994 Ford Explorer insurance is definitely available both online as well as from insurance agents, and you should be comparing both in order to have the best chance of saving money. Some insurance companies may not provide the ability to get quotes online and most of the time these regional carriers provide coverage only through local independent agencies.

Additional information

• Collision Insurance Coverage (Nationwide)
• Who Has Cheap Auto Insurance Quotes for a Ford Explorer in Riverside? (QuoteRiverside.com)
• Who Has the Cheapest Auto Insurance Quotes for a Ford Explorer in Tucson? (TucsonInsure.com)
• Uninsured Motorist Statistics (Insurance Information Insitute)
• Uninsured Motorists: Threats on the Road (Insurance Information Insitute)
• Smart Auto Insurance Tips (Insurance Information Insitute)
• Anti-Lock Brake FAQ (iihs.org)