2002 Ford Explorer Car Insurance Quotes

Searching for the cheapest car insurance rates? Consumers have a choice when looking for the lowest priced Ford Explorer insurance. They can either spend hours struggling with agents trying to get quotes or use the internet to find the lowest rates. There is a right way and a wrong way to compare car insurance rates so you’re going to learn the best way to price shop coverage for your Ford and find the lowest price.

You should take the time to do rate comparisons as often as possible because car insurance prices are rarely the same from one policy term to another. Just because you found the lowest price on Explorer insurance last year you can probably find a lower rate today. Forget all the misinformation about car insurance because you’re going to get a crash course in the fastest and easiest way to find better rates and still maintain coverage.

Finding the best rates is quite easy. If you currently have car insurance, you should be able to reduce your rates substantially using this strategy. Consumers just need to learn the best way to shop their coverage around on the web.

Verify you’re earning every discount

Some insurance providers do not advertise all possible discounts very clearly, so the list below details both well-publicized and the more hidden credits available to lower your premiums when you buy car insurance online.

  • No Claim Discounts – Insureds who avoid accidents and claims get the best insurance coverage rates when compared to frequent claim filers.
  • Good Student Discount – Performing well in school can be rewarded with saving of up to 25%. The discount lasts up until you turn 25.
  • Senior Citizen Rates – Older drivers may be able to get lower premium rates on Explorer insurance.
  • Accident Forgiveness Coverage – but certain companies will allow you to have one accident without raising rates with the catch being you have to be claim-free prior to being involved in the accident.
  • Drive Safe and Save – Drivers without accidents may save up to 50% more on Explorer insurance compared to accident prone drivers.
  • Multi-car Discount – Drivers who insure multiple cars or trucks with the same company can reduce rates for all insured vehicles.
  • Military Rewards – Having a family member in the military could be rewarded with lower rates.
  • Defensive Driver – Taking part in a defensive driving class is a good idea and can lower rates and easily pay for the cost of the class.

A quick disclaimer, most of the big mark downs will not be given to your bottom line cost. Most only reduce individual premiums such as liability, collision or medical payments. Just because it seems like you would end up receiving a 100% discount, it’s just not the way it works.

A list of insurance coverage companies and some of the premium reductions they offer are:

  • Travelers has savings for early quote, continuous insurance, hybrid/electric vehicle, new car, and payment discounts.
  • 21st Century discounts include 55 and older, good student, anti-lock brakes, teen driver, early bird, theft prevention, and homeowners.
  • State Farm may offer discounts for multiple autos, multiple policy, anti-theft, defensive driving training, and student away at school.
  • GEICO policyholders can earn discounts including emergency military deployment, seat belt use, military active duty, daytime running lights, anti-lock brakes, and anti-theft.
  • SAFECO offers premium reductions for multi-car, safe driver, homeowner, accident prevention training, bundle discounts, anti-theft, and drive less.
  • AAA has discounts for pay-in-full, good student, AAA membership discount, anti-theft, and multi-car.

Before you buy a policy, ask all companies you are considering which discounts can lower your rates. All car insurance discounts might not be offered in your area.

Shop car insurance online

All major car insurance companies give prices online. Doing online quotes is possible for anyone because it’s just a matter of typing in your coverage information as requested by the quote form. When the form is submitted, their rating system requests credit information and your driving record and generates pricing information.

Online price estimates makes it easy to compare insurance prices but the time required to go to multiple sites and type in the same information can be a bit tiresome and repetitive. But it’s absolutely necessary to perform this step in order to find the best price on car insurance.

The preferred way to find better car insurance pricing requires only one form to obtain quotes from several different companies. It’s a real time-saver, requires less work, and makes online quotes much easier. Once the form is submitted, it is quoted and you can choose any of the price quotes you receive. If the quotes result in lower rates, you can click and sign and buy the new coverage. This process can be completed in less than 10 minutes and may save quite a bit of money.

In order to find out how much you’re overpaying now, click here and complete the simple form. If you have coverage now, it’s recommended you complete the form with the coverage information exactly as shown on your declarations page. This helps ensure you will be getting rate comparison quotes using the same coverage and limits.

The Ford Explorer insurance premium equation

Part of the insurance buying process is learning the factors that play a part in calculating the price you pay for insurance. If you have some idea of what determines premiums, this allows you to make good choices that could help you find lower rates.

  • Where you live plays a part – Living in a rural area can be a good thing when shopping for auto insurance. Less people living in that area corresponds to lower accident rates in addition to fewer liability claims. City drivers have to deal with much more traffic and higher rates of accident claims. The longer drive time means higher likelihood of an accident.
  • Never let your insurance lapse – Driving without insurance is against the law and as a result your rates will increase for letting your insurance lapse. In addition to paying higher premiums, being ticketed for driving with no insurance will get you a steep fine or even jail time.
  • Add-on coverages are wasting money – Insurance policies have a lot of optional add-on coverages that you can get tricked into buying on your 2002 Explorer policy. Coverages like rental car coverage, death and dismemberment, and additional equipment coverage are examples of these. These may sound like a good investment initially, but if you’ve never needed them in the past eliminate them to save money.
  • Rates may be lower depending on your occupation – Careers like military personnel, social workers and miners tend to pay higher average rates attributed to high stress and lots of time spent away from family. On the flip side, jobs such as scientists, engineers and the unemployed pay lower than average rates on Explorer insurance.
  • Lower premiums for cars with good safety ratings – Vehicles with high crash test scores tend to be cheaper to insure. Vehicles built for safety have better occupant injury protection and reduced instances of injuries means less money paid by your insurance company and lower rates for you. If your Ford scored at minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may be receiving a better rate.
  • Lower prices with GPS tracking and theft deterrents – Selecting a car model with a theft deterrent system can help bring down rates. Theft deterrent systems such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems can help prevent auto theft.

When should I discuss my situation with an agent?

When it comes to buying coverage, there is no best way to insure your cars. Each situation is unique.

For instance, these questions may help highlight whether you could use an agent’s help.

  • Does my policy cover me when driving someone else’s vehicle?
  • Where can I find high-risk insurance?
  • Is my camper covered by my car insurance policy?
  • Can my babysitter drive my car?
  • When does my teenage driver need to be added to my policy?
  • Do I need replacement cost coverage?
  • How do I buy GAP insurance?
  • What is covered by UM/UIM coverage?

If you don’t know the answers to these questions, you may need to chat with a licensed insurance agent. To find an agent in your area, take a second and complete this form. It is quick, free and may give you better protection.

Car insurance coverages for a 2002 Ford Explorer

Understanding the coverages of a car insurance policy helps when choosing the best coverages and proper limits and deductibles. The terms used in a policy can be difficult to understand and reading a policy is terribly boring.

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your Ford Explorer.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage should not be overlooked.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance coverage pays for damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims like fire damage, theft, hitting a deer and hail damage. The maximum payout a car insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Collision insurance

This coverage pays for damage to your Explorer resulting from colliding with another car or object. A deductible applies and then insurance will cover the remainder.

Collision can pay for things such as colliding with another moving vehicle, scraping a guard rail, hitting a mailbox, crashing into a ditch and driving through your garage door. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. You can also choose a higher deductible to bring the cost down.

Insurance for medical payments

Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses such as pain medications, funeral costs, X-ray expenses, rehabilitation expenses and hospital visits. They are used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. They cover you and your occupants as well as being hit by a car walking across the street. PIP is only offered in select states and may carry a deductible

Liability coverages

Liability coverage provides protection from damage or injury you incur to a person or their property that is your fault. This insurance protects YOU against claims from other people, and doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 100/300/100 that translate to a limit of $100,000 per injured person, $300,000 for the entire accident, and $100,000 of coverage for damaged propery.

Liability coverage protects against claims like pain and suffering, repair costs for stationary objects and structural damage. How much coverage you buy is a personal decision, but consider buying as much as you can afford.

Final thoughts

Lower-priced car insurance can be found on the web and also from your neighborhood agents, so you need to quote car insurance with both to have the best rate selection. A few companies may not provide the ability to get quotes online and most of the time these regional insurance providers only sell through local independent agents.

As you go through the steps to switch your coverage, make sure you don’t skimp on coverage in order to save money. In many instances, someone dropped uninsured motorist or liability limits only to find out they didn’t have enough coverage. The ultimate goal is to buy the best coverage you can find at a price you can afford while not skimping on critical coverages.

Drivers switch companies for many reasons like delays in responding to claim requests, an unsatisfactory settlement offer, policy non-renewal and lack of trust in their agent. Regardless of your reason for switching companies, switching car insurance companies is pretty easy and you might even save some money in the process.

For more information, take a look at the resources below: