Cheap 2007 Ford Expedition EL Insurance Rates

Searching for better insurance rates for your Ford Expedition EL? Searching for cheaper insurance may at first seem to be difficult for beginners to price shopping online. With so many agents and companies, how are we expected to effectively compare all the different companies and get the cheapest rates?

Smart consumers take time to compare prices quite often since insurance prices change frequently. Just because you found the best deal on Expedition EL coverage last year you will most likely find a better rate today. Block out anything you think you know about insurance because I’m going to let you in on the secrets to the easiest way to find better coverage at a better price.

If you currently have car insurance, you should be able to save some money using these tips. This article will tell you how to get online quotes and some money-saving tips. Although consumers benefit from understanding the methods companies use to sell insurance online because it can help you find the best coverage.

Compare car insurance quotes

To find low cost quotes, there are a couple of ways of comparing price quotes from different companies. The best way to do a complete rate comparison consists of obtaining rate quotes online. This is very easy and can be done in a couple of different ways.

One of the fastest ways to find the lowest comparison rates is an all-inclusive rate comparison like this one (opens in new window). This method prevents you from having to do repetitive form submissions for each company. Taking the time to complete one form gets you coverage quotes direct from many companies. This is by far the quickest method.

A harder way to obtain and compare quotes online consists of visiting each company’s website and request a quote. For sake of this example, let’s assume you want to compare GEICO, Liberty Mutual and American Family. You would have to take the time to go to each site and type in your information over and over, which is why the first method is more popular. For a list of links to companies insuring cars in your area, click here.

The final way to get rate quotes is physically going to insurance agents’ offices. Shopping for car insurance online has made agencies unnecessary unless you have a complicated situation and need the guidance that only a licensed agent can provide. It is possible with some companies comparison shop online but buy from a local insurance agent.

How you compare quotes is your choice, just try to use exactly the same coverage data for every company. If you have different deductibles it will be next to impossible to make a fair rate comparison. Even a minor difference in insurance coverages or limits could throw off the whole comparison. Just remember that obtaining a wide range of quotes provides better odds of finding more affordable insurance. Not every company allows you to get quotes online, so it’s important to also get price estimates from those companies as well.

Lower rates by qualifying for discounts

Companies that sell car insurance don’t always advertise their entire list of discounts very clearly, so here is a list a few of the more common and also the more inconspicuous ways to save on car insurance.

  • Seat Belt Usage – Drivers who require all vehicle occupants to wear their seat belts can save up to 15% off the medical payments premium.
  • Pay Upfront and Save – By paying your entire bill at once instead of monthly or quarterly installments you can avoid the installment charge.
  • Passive Restraints and Air Bags – Factory air bags or motorized seat belts can qualify for discounts up to 30%.
  • Service Members Pay Less – Being deployed in the military could mean lower car insurance rates.
  • Fewer Miles Equal More Savings – Low annual miles could earn better car insurancerates on cars that stay parked.
  • Policy Bundle Discount – When you have multiple policies and insure them with the same company you may save at least 10% off all policies.
  • Paper-free Discount – Certain larger companies give back up to $50 for signing up on the web.
  • First Accident Forgiveness – This one is not really a discount per se, but companies like Liberty Mutual, Allstate and State Farm may permit one accident without raising rates if you are claim-free prior to the accident.
  • Good Student – Being a good student can save 20 to 25%. The good student discount can last well after school through age 25.
  • Early Renewal Discounts – Some insurance companies give discounts for buying a policy early. You may see this discount when you get insurance quotes online.

You can save money using discounts, but most of the big mark downs will not be given to the entire policy premium. A few only apply to the price of certain insurance coverages like medical payments or collision. Even though it appears adding up those discounts means a free policy, company stockholders wouldn’t be very happy.

A few of the larger companies and some of the premium reductions they offer can be read below.

  • American Family offers premium reductions for accident-free, bundled insurance, mySafetyValet, air bags, and good driver.
  • Nationwide may include discounts for business or organization, Farm Bureau membership, defensive driving, anti-theft, and easy pay.
  • MetLife offers discounts for claim-free, good driver, good student, accident-free, and multi-policy.
  • 21st Century may have discounts that include automatic seat belts, air bags, anti-lock brakes, student driver, and teen driver.
  • Farmers Insurance includes discounts for electronic funds transfer, distant student, alternative fuel, business and professional, bundle discounts, and teen driver.
  • Allstate has discounts for FullPay discount, senior citizen, 55 and retired, farm vehicle, and premier plus.

When comparing rates, check with every prospective company which discounts can lower your rates. Some credits might not be offered in your area. To find companies that offer multiple discounts, click this link.

Car insurance is unique, just like you

When buying coverage, there isn’t really a “best” method to buy coverage. Every situation is different.

For instance, these questions might point out whether or not you will benefit from professional help.

  • Do I have any recourse if my insurance company denies a claim?
  • Is extra glass coverage worth it?
  • When should I remove comp and collision on my 2007 Ford Expedition EL?
  • Do I need special endorsements for business use of my vehicle?
  • Is my camper covered by my car insurance policy?
  • What happens if I owe more than my 2007 Ford Expedition EL is worth?
  • Who is covered by my policy?
  • Do I have coverage if my license is suspended?

If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form.

Information about specific coverages

Learning about specific coverages of a insurance policy can be of help when determining the best coverages and the correct deductibles and limits. Insurance terms can be difficult to understand and coverage can change by endorsement.

Medical costs insurance

Coverage for medical payments and/or PIP kick in for immediate expenses such as nursing services, hospital visits, surgery and X-ray expenses. They can be utilized in addition to your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants as well as if you are hit as a while walking down the street. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Liability insurance

This can cover damages or injuries you inflict on a person or their property by causing an accident. It protects YOU from claims by other people. Liability doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 25/50/25 that means you have a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000. Some companies may use one limit called combined single limit (CSL) which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage protects against things like loss of income, bail bonds, attorney fees, emergency aid and funeral expenses. How much liability coverage do you need? That is your choice, but you should buy as high a limit as you can afford.

Coverage for collisions

This pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage protects against things such as crashing into a ditch, driving through your garage door, hitting a mailbox, rolling your car and hitting a parking meter. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

UM/UIM Coverage

This coverage gives you protection from other drivers when they either have no liability insurance or not enough. It can pay for hospital bills for your injuries and damage to your Ford Expedition EL.

Because many people only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked. Usually these limits are similar to your liability insurance amounts.

Comprehensive or Other Than Collision

This pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like rock chips in glass, hitting a deer and falling objects. The maximum payout you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.