Lower Your 2002 Ford Excursion Insurance Cost

Buyers have lots of choices when searching for the lowest priced Ford Excursion insurance. They can either waste time driving around getting price quotes or save time using the internet to compare rates. There is a better way to shop for insurance coverage so we’re going to tell you the absolute fastest way to quote coverages on a Ford and locate the best price possible from local insurance agents and online providers.

Finding the best rates is quite easy. If you are paying for car insurance now, you stand a good chance to be able to reduce your rates substantially using these techniques. Vehicle owners only need to know the most effective way to compare rates online.

Compare quotes for insurance

Getting a cheaper price on 2002 Ford Excursion insurance is not rocket science. All that’s required is to spend a few minutes on the computer comparing rate quotes from different insurance companies. This can easily be done using one of these methods.

The simplest way consumers can analyze rates is to use a rate comparison form click here to open form in new window. This method prevents you from having to do separate quotation requests for every prospective company. A single, simple form gets you price quotes from multiple low-cost companies. Recommended for those who want to invest the least amount of time.

A harder way to find better pricing requires a visit to each individual company website and get a separate price quote. For examples sake, we’ll assume you want to compare Nationwide, Allstate and Progressive. In order to compare rates, you need to go to every website and enter your information, which is why first method is reommended.

For a handy list of car insurance company links in your area, click here.

Whichever way you choose to compare rates, try to use the exact same coverage data for each comparison quote. If each company quotes differing limits it will be very difficult to make a fair rate comparison.

Don’t miss with these discounts

Properly insuring your vehicles can get expensive, but you may qualify for discounts to help bring down the price. Larger premium reductions will be automatically applied when you complete an application, but a few need to be requested specifically prior to getting the savings.

• New Car Discount – Buying a new car model can save you some money because new model year vehicles have to meet stringent safety requirements.
• Anti-theft Discount – Cars, trucks, and SUVs optioned with advanced anti-theft systems are stolen with less frequency so companies will give you a small discount.
• Homeowners Discount – Owning a home can earn you a little savings because owning a home is proof of financial responsibility.
• Defensive Driving Course – Passing a safe driver course may get you a small discount and easily recoup the cost of the course.
• Air Bag Discount – Vehicles equipped with air bags or motorized seat belts can receive discounts of 20% or more.
• Good Driver Discount – Accident-free drivers may save up to 50% more on Excursion coverage than less cautious drivers.
• Waiver for an Accident – Not a discount per se, but some insurance companies will forgive one accident without getting socked with a rate hike so long as you are claim-free for a certain period of time.
• E-sign Discounts
• Policy Bundle Discount – When you have multiple policies and place coverage with the same company you could earn a discount of 10% to 20% off each policy.
• No Claim Discounts – Insureds who avoid accidents and claims can earn big discounts when compared to drivers who are more careless.

Discounts reduce rates, but you should keep in mind that some of the credits will not apply to all coverage premiums. Most only cut individual premiums such as liability and collision coverage. Just because you may think adding up those discounts means a free policy, it doesn’t quite work that way.

A list of car insurance companies and some of the discounts are included below.

• State Farm policyholders can earn discounts including good student, driver’s education, safe vehicle, multiple autos, and anti-theft.
• Farmers Insurance has savings for pay in full, bundle discounts, business and professional, switch companies, homeowner, and mature driver.
• Geico includes discounts for air bags, anti-theft, multi-vehicle, multi-policy, driver training, anti-lock brakes, and defensive driver.
• American Family discounts include air bags, good driver, TimeAway discount, multi-vehicle, Steer into Savings, accident-free, and early bird.
• Nationwide has discounts for Farm Bureau membership, anti-theft, defensive driving, good student, multi-policy, and accident-free.
• Progressive may offer discounts for online signing, multi-vehicle, good student, online quote discount, and multi-policy.

It’s a good idea to ask each company to give you their best rates. Discounts might not be available to policyholders everywhere. If you would like to view insurers that offer the discounts shown above, click here to view.

Your situation helps dictate your coverage

When buying coverage, there is no “best” method to buy coverage. Everyone’s situation is a little different.

Here are some questions about coverages that might help in determining if you might need professional guidance.

• Should I buy more coverage than the required minimum liability coverage?
• Do I need rental car coverage?
• I have a DUI can I still get coverage?
• Is business property covered if stolen from my car?
• What exactly is covered by my policy?
• Do I need roadside assistance coverage?

If you can’t answer these questions but you know they apply to you then you might want to talk to an insurance agent. To find lower rates from a local agent, simply complete this short form. It is quick, free and you can get the answers you need.

What determines Ford Excursion insurance costs?

A large part of saving on auto insurance is knowing the different types of things that come into play when calculating your auto insurance rates. When consumers understand what determines premiums, this allows you to make educated decisions that may result in lower premium levels. Lots of things are considered when premium rates are determined. Some of the criteria are obvious like a motor vehicle report, although others are less obvious such as whether you are married or your commute time.

Shown below are most of the major factors companies use to determine your premiums.

• Vehicles with better crash test results cost less to insure – Safe vehicles can get you lower premiums. Vehicles built for safety protect occupants better and reduced instances of injuries means your insurance company pays less and cheaper rates on your policy.
• Car insurance liability protection limits – The liability section of your policy kicks in if a court rules you are at fault for damages from an accident. Your liability coverage provides legal defense coverage which can cost a lot. Carrying liability coverage is mandatory and cheap when compared to the cost of physical damage coverage, so insureds should have plenty of protection for their assets.
• Too many policy claims drive up prices – If you frequently file small claims, you can expect increased rates or even have your policy non-renewed. Car insurance companies generally give lower rates to people who are claim-free. Your car insurance is intended for the large, substantial claims.
• Which gender costs less? – Over time, data shows females are less aggressive when driving. This data doesn’t prove that females are better at driving than males. Both genders are in at-fault accidents at a similar rate, but the males tend to have more serious accidents. Men also get ticketed for serious violations like reckless driving and DUI. Youthful male drivers are several times more likely to be in an accident and thus pay the highest rates.
• Job can influence auto insurance rates – Do you have a high-stress occupation? Jobs like judgesairline pilots and financial analysts are shown to have higher premium rates because of job stress and incredibly demanding work hours. On the other hand, careers such as actors, athletes and performers pay the least on Excursion coverage.
• Good credit equals lower prices – An insured’s credit rating factor in determining what you pay for auto insurance. So if your credit rating is not that good, you could save money insuring your 2002 Ford Excursion by taking the time to improve your credit score. Insureds with excellent credit tend to file fewer claims and have better driving records than drivers with worse credit.
• Vehicle theft costs us all – Driving a car that has an advanced theft prevention system can help lower your rates. Anti-theft devices such as vehicle immobilizer systems, OnStar, and tracking devices like LoJack all aid in stopping auto theft.
• Save money by eliminating extra policy coverages – Insurance policies have a lot of add-on coverages that may not really be needed when buying auto insurance. Coverages like rental car coverage, accident forgiveness, and extra equipment coverage are examples of these. These coverages may sound good at first, but your needs may have changed so think about removing them and cutting costs.

Insurance coverage considerations

Knowing the specifics of a insurance policy helps when choosing the right coverages and the correct deductibles and limits. Insurance terms can be difficult to understand and coverage can change by endorsement.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP pay for immediate expenses for things like dental work, rehabilitation expenses and prosthetic devices. They are often used to cover expenses not covered by your health insurance program or if you do not have health coverage. It covers all vehicle occupants in addition to if you are hit as a while walking down the street. PIP is not available in all states and may carry a deductible

Auto collision coverage

Collision insurance will pay to fix damage to your Excursion from colliding with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims like backing into a parked car, driving through your garage door, scraping a guard rail, crashing into a ditch and crashing into a building. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. It’s also possible to raise the deductible to save money on collision insurance.

Liability car insurance

This can cover injuries or damage you cause to a person or their property by causing an accident. It protects YOU from claims by other people, and does not provide coverage for your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show values of 25/50/25 that means you have a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property.

Liability coverage protects against things such as attorney fees, legal defense fees, court costs, medical services and repair costs for stationary objects. How much liability coverage do you need? That is a decision to put some thought into, but you should buy as high a limit as you can afford.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Ford Excursion.

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

Comprehensive insurance

This coverage covers damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like damage from a tornado or hurricane, hail damage and vandalism. The maximum payout you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

A penny saved is a penny earned

In this article, we covered quite a bit of information on how to shop for 2002 Ford Excursion insurance online. The most important thing to understand is the more rate comparisons you have, the better likelihood of getting inexpensive insurance coverage. You may even discover the lowest prices are with a company that doesn’t do a lot of advertising.

More affordable car insurance can be purchased both online in addition to local insurance agencies, and you need to comparison shop both to have the best rate selection. A few companies may not offer online quoting and these smaller providers only sell coverage through independent agents.

While you’re price shopping online, it’s a bad idea to sacrifice coverage to reduce premiums. There are many occasions where an insured cut uninsured motorist or liability limits only to regret at claim time that the few dollars in savings costed them thousands. The goal is to buy enough coverage at the best price, but do not sacrifice coverage to save money.

For more information, feel free to visit the following helpful articles:

• Auto Insurance Learning Center (State Farm)
• What is Covered by an Auto Insurance Policy? (Insurance Information Insitute)
• No-Fault Auto Insurance Statistics (Insurance Information Insitute)
• Medical Payments Coverage (Liberty Mutual)