Are you a victim of high-priced insurance? Trust us when we tell you many drivers have buyer’s remorse.
Due to the increasing number of options, it is very difficult to find the cheapest insurer.
It’s important to check insurance prices every six months because insurance prices are adjusted regularly by insurance companies. If you had the lowest rate for Explorer insurance six months ago other companies may now be cheaper. Forget all the misinformation about insurance because you’re going to learn one of the easiest ways to save money, get proper coverage and the best rates.
The quickest method to compare policy rates is to know the trick almost all companies allow for online access to compare rate quotes. The only thing you need to do is provide information like whether you are single or married, if you have an active license, your credit rating estimate, and how your vehicles are used. Your details gets sent immediately to multiple top-rated companies and you will receive price estimates almost instantly.
If you wish to get multiple quotes for your 2008 Ford Explorer now, click here and see if a lower rate is available.
Companies don’t always advertise their entire list of discounts in an easy-to-find place, so the list below contains both the well known and also the lesser-known credits available to bring down your rates. If you are not receiving all the discounts available, you are not getting the best rate possible.
As is typical with insurance, most discount credits are not given the the whole policy. A few only apply to the cost of specific coverages such as collision or personal injury protection. So even though it sounds like adding up those discounts means a free policy, companies don’t profit that way.
Auto insurance companies that have these benefits include:
Check with every prospective company the best way to save money. Some discounts listed above might not be offered on policies in every state.
When it comes to buying coverage for your vehicles, there really is not a one size fits all plan. Coverage needs to be tailored to your specific needs and your policy should reflect that. These are some specific questions can help discover whether or not you would benefit from professional advice.
If you’re not sure about those questions but you know they apply to you, you may need to chat with an insurance agent. To find an agent in your area, take a second and complete this form or go to this page to view a list of companies.
Smart consumers have a good feel for some of the elements that go into determining the price you pay for car insurance. If you understand what positively or negatively impacts your premiums, this allows you to make good choices that could result in lower premium levels. Multiple criteria are part of the calculation when premium rates are determined. Some are obvious like a motor vehicle report, but other factors are less apparent like where you live or your financial responsibility.
Having a good grasp of a car insurance policy can help you determine appropriate coverage and the correct deductibles and limits. Car insurance terms can be confusing and coverage can change by endorsement. Shown next are the usual coverages found on the average car insurance policy.
Med pay and PIP coverage reimburse you for immediate expenses like surgery, funeral costs, nursing services, rehabilitation expenses and ambulance fees. The coverages can be used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants as well as being hit by a car walking across the street. PIP coverage is only offered in select states and gives slightly broader coverage than med pay
Liability insurance protects you from damage that occurs to people or other property by causing an accident. It protects you against claims from other people. It does not cover your own vehicle damage or injuries.
Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show policy limits of 50/100/50 which means $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property.
Liability can pay for things such as pain and suffering, emergency aid, structural damage, funeral expenses and medical services. The amount of liability coverage you purchase is a decision to put some thought into, but buy as much as you can afford.
Collision coverage pays for damage to your Explorer caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.
Collision insurance covers things like backing into a parked car, driving through your garage door, hitting a parking meter, sustaining damage from a pot hole and rolling your car. This coverage can be expensive, so you might think about dropping it from older vehicles. You can also choose a higher deductible in order to get cheaper collision rates.
This covers damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive coverage pays for things such as fire damage, damage from flooding and damage from getting keyed. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.
Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family and also any damage incurred to your Ford Explorer.
Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea.
The cheapest 2008 Ford Explorer insurance can be sourced both online in addition to local insurance agencies, and you should be comparing both so you have a total pricing picture. A few companies do not provide the ability to get quotes online and these small insurance companies provide coverage only through independent agents.
As you shop your coverage around, do not buy poor coverage just to save money. In too many instances, an insured dropped liability coverage limits and discovered at claim time that their decision to reduce coverage ended up costing them more. Your goal is to buy enough coverage at an affordable rate while not skimping on critical coverages.