2015 Ford Expedition Car Insurance Cost – 7 Tips to Save

Looking for better insurance rates for your Ford Expedition? Finding affordable insurance may at first seem to be difficult for consumers who are new to price shopping on the web. With dozens of insurers to choose from, how are we expected to possibly compare every company in order to find the lowest rates?

How to compare insurance quotes

There are a lot of ways you can shop for insurance but one way is less labor-intensive and much quicker. You can spend countless hours talking about coverages with agents in your area, or you could save time and use online quoting to get pricing more quickly.

Many companies take part in a program where prospective buyers complete one form, and every company then gives them pricing based on the submitted data. This saves time by eliminating quote forms to each company. To use this form to compare rates click here (opens in new window).

One minor caviat to doing it this way is that you can’t choose the providers to get quotes from. So if you prefer to choose from a list of companies to compare, we have assembled a list of companies who write insurance in your area. View list of insurance companies.

How you compare quotes is your choice, just make sure you use apples-to-apples quote information on every quote. If you enter different data it will be very difficult to determine the lowest rate for your Ford Expedition. Even a minor difference in coverage limits may result in large price differences. And when comparing insurance rates, know that making a lot of price comparisons helps improve the odds of finding a better price. Not every company does online price quotes, so you should also compare prices on coverage from those companies, too.

Insurance companies offer money-saving discounts

Companies offering auto insurance don’t necessarily list every disount available very well, so the following list contains some of the more common as well as some of the hidden credits that may apply to you.

  • Savings for New Vehicles – Buying a new car instead of a used car can get you a discount compared to insuring an older model.
  • Defensive Driver – Participating in a class that teaches defensive driving techniques is a good idea and can lower rates and make you a better driver.
  • Paperless Signup – A few insurance companies may give you up to $50 for buying a policy and signing up on the web.
  • Discount for Home Ownership – Owning a house can help you save on insurance because owning a home means you have a higher level of financial diligence.
  • Save over 55 – Seniors can get a discount up to 10% on Expedition coverage.
  • Student Driver Training – Make teen driver coverage more affordable by requiring them to take driver’s ed class if it’s offered in school.
  • Theft Prevention System – Cars with anti-theft systems are less likely to be stolen so companies will give you a small discount.

A quick disclaimer, most credits do not apply the the whole policy. The majority will only reduce individual premiums such as comp or med pay. Even though it appears you would end up receiving a 100% discount, you aren’t that lucky. Any qualifying discounts should definitely cut the amount you have to pay.

A list of insurance companies and a selection of discounts can be read below.

  • State Farm offers discounts including passive restraint, accident-free, multiple autos, good student, Drive Safe & Save, and safe vehicle.
  • GEICO discounts include defensive driver, emergency military deployment, daytime running lights, military active duty, and good student.
  • Progressive may include discounts for homeowner, online signing, multi-policy, continuous coverage, and good student.
  • 21st Century has savings for air bags, early bird, teen driver, homeowners, and defensive driver.
  • American Family may offer discounts for air bags, defensive driver, early bird, Steer into Savings, accident-free, and mySafetyValet.
  • The Hartford policyholders can earn discounts including air bag, good student, defensive driver, anti-theft, vehicle fuel type, driver training, and bundle.
  • AAA includes discounts for pay-in-full, multi-car, good driver, anti-theft, good student, and AAA membership discount.

Before buying, ask every company how many discounts you can get. Some discounts listed above may not be available in your area.

Do I just need basic coverages?

When it comes to buying the right insurance coverage, there is no single plan that fits everyone. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that can help discover whether your personal situation would benefit from professional advice.

  • How can I get high-risk coverage after a DUI?
  • Do I need to file an SR-22 for a DUI in my state?
  • Do I need motorclub coverage?
  • Am I covered when driving someone else’s vehicle?
  • When should my teen driver be added to my policy?
  • How can I find cheaper teen driver insurance?
  • Am I missing any policy discounts?

If it’s difficult to answer those questions but you think they might apply to your situation then you might want to talk to an insurance agent. To find an agent in your area, fill out this quick form.

Truth in auto insurance advertising

Big name companies like Allstate, GEICO and Progressive seem to constantly run television and radio advertisements. They all seem to make the same claim about savings if you just switch to their company. How does each company sell you cheaper insurance coverage?

Different companies require specific criteria for the type of customer that earns them the most money. An example of this type of driver should be between the ages of 30 and 50, has no claims, and insures a new vehicle. Anybody who meets those qualifications may get the lowest rates as well as save when they switch companies.

Insureds who don’t measure up to those standards will have to pay more expensive rates and the customer buying from someone else. If you listen closely, the ads state “drivers that switch” but not “everyone who gets a quote” save the amount stated. That’s why companies can truthfully make claims like that. Different companies use different criteria so it’s extremely important to do a rate comparison at every renewal. It is impossible to guess which company will have the best rates at this point in time.

What insurance coverages do you need?

Learning about specific coverages of a insurance policy can help you determine appropriate coverage at the best deductibles and correct limits. Policy terminology can be impossible to understand and nobody wants to actually read their policy.

Liability coverage

This provides protection from damage that occurs to a person or their property in an accident. It protects you from claims by other people. It does not cover damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see values of 25/50/25 that translate to a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery.

Liability coverage protects against things like repair costs for stationary objects, medical expenses, structural damage and medical services. How much liability coverage do you need? That is your choice, but buy as high a limit as you can afford.

Comprehensive protection

This 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 insurance covers claims such as a tree branch falling on your vehicle, falling objects and vandalism. The most a insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Uninsured or underinsured coverage

This protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. Covered claims include medical payments for you and your occupants as well as damage to your Ford Expedition.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea.

Coverage for collisions

This coverage will pay to fix damage to your Expedition resulting from colliding with another car or object. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision can pay for claims like hitting a parking meter, rolling your car, hitting a mailbox, colliding with a tree and backing into a parked car. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. Drivers also have the option to increase the deductible to get cheaper collision coverage.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage pay for expenses like hospital visits, funeral costs, chiropractic care, ambulance fees and dental work. They can be utilized in addition to your health insurance plan or if you lack health insurance entirely. They cover all vehicle occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state and may carry a deductible

In the end, you save

In this article, we covered some good ideas how you can save on 2015 Ford Expedition insurance. The most important thing to understand is the more companies you get premium rates for, the higher the chance of saving money. You may be surprised to find that the best car insurance rates are with an unexpected company.

People change insurance companies for a number of reasons such as an unsatisfactory settlement offer, denial of a claim, not issuing a premium refund or being labeled a high risk driver. It doesn’t matter why you want to switch switching insurance coverage companies is actually quite simple.

As you go through the steps to switch your coverage, never buy lower coverage limits just to save a few bucks. There have been many situations where someone sacrificed collision coverage only to discover later that they should have had better coverage. Your objective should be to purchase a proper amount of coverage at an affordable rate, but don’t skip important coverages to save money.

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