Lower Your 1992 Ford Explorer Car Insurance Rates

Looking for lower insurance rates for your Ford Explorer? Feel like you’re a prisoner to overpriced insurance? Trust us when we tell you you’re not alone.

Popular companies such as State Farm, Geico and Farmers Insurance constantly blast consumers with advertising and it can be hard to ignore the flying pigs and cute green geckos and find the best price available.

Consumers need to check insurance prices every six months because rates are usually higher with each renewal. Even if you got the lowest price on Explorer insurance last year the chances are good that you can find a lower rate today. There is a lot of bad advice regarding insurance on the web, but with this article, you’re going to get the easiest ways to put money back in your pocket.

If you currently have car insurance, you will be able to reduce your rates substantially using these tips. Buying car insurance is quite easy. But vehicle owners benefit from understanding the way insurance companies sell online and use this information to your advantage.

Lots of discounts mean lots of savings

Insuring your fleet can be pricey, but there could be available discounts that you may not know about. A few discounts will automatically apply when you quote, but a few must be specifically requested prior to getting the savings.

  • Theft Prevention Discount – Vehicles equipped with anti-theft or alarm systems help deter theft and earn discounts up to 10%.
  • Multiple Cars – Having all your vehicles on the same car insurance policy may reduce the rate for each vehicle.
  • Discount for Good Grades – Performing well in school can be rewarded with saving of up to 25%. The good student discount can last until age 25.
  • Driver Safety – Successfully completing a defensive driving course could possibly earn you a 5% discount if you qualify.
  • Drivers Education – Cut your cost by having your teen driver successfully complete driver’s ed class in school.
  • Student in College – Kids in college living away from home attending college without a vehicle on campus may qualify for this discount.
  • Seat Belts Save more than Lives – Buckling up and requiring all passengers to use their safety belts could save 15% off your medical payments premium.
  • Auto/Home Discount – When you have multiple policies with the same company you will save up to 20% off your total premium.
  • Lower Rates for Military – Being deployed with a military unit could mean lower rates.

Consumers should know that most discounts do not apply to the entire cost. A few only apply to the price of certain insurance coverages like comp or med pay. So when it seems like having all the discounts means you get insurance for free, it just doesn’t work that way. Any amount of discount will help reduce your overall premium however.

For a list of providers offering car insurance discounts, click here to view.

Quick Auto Insurance Quotes

The are a couple different ways of comparing rate quotes from auto insurance companies in your area. The best method to find the lowest 1992 Ford Explorer rates is simply to get online rate quotes. This is very easy and can be done in a couple of different ways.

  1. The fastest way to get the best comparison quotes is an all-inclusive rate comparison click to view form in new window. This method keeps you from doing separate forms for every auto insurance company. Filling out one form gets you coverage quotes direct from many companies.
  2. A more time consuming way to obtain and compare quotes online is going to the website for each individual company and fill out their own quote form. For sake of this example, let’s assume you want rates from Farmers, Allstate and GMAC. To get rate quotes you would need to spend time on each company’s site to input your insurance information, and that’s why the first method is more popular. For a list of links to companies insuring cars in your area, click here.
  3. The most time-consuming way of comparing rate quotes is driving to local insurance agencies. The internet has reduced the need for local agents unless you have a need for the professional guidance that only a license agent can provide. Drivers can price shop your coverage online and still use a local agent.

Which method you use is up to you, but make absolute certain that you use the exact same deductibles and coverage limits for every quote you compare. If you have different deductibles you will not be able to decipher which rate is best. Having just a slight variation in coverages can make a big difference in price. It’s important to know that obtaining a wide range of quotes will enable you to find a lower rate.

Situations that might require an agent

When it comes to choosing the best insurance coverage, there really is no single plan that fits everyone. Everyone’s situation is a little different and a cookie cutter policy won’t apply. For instance, these questions may help highlight if your situation might need an agent’s assistance.

  • Can my teen drive my company car?
  • What is roadside assistance coverage?
  • Is my 1992 Ford Explorer covered for flood damage?
  • When should I buy a commercial auto policy?
  • Does coverage extend to a rental car in a foreign country?
  • Should I buy more coverage than the required minimum liability coverage?
  • Is my Ford Explorer covered if I use it for business?
  • What is the difference between comprehensive and collision coverage?
  • Will filing a claim cost me more?

If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with an agent. To find lower rates from a local agent, simply complete this short form or click here for a list of insurance companies in your area.

Specifics of your car insurance policy

Knowing the specifics of your car insurance policy can help you determine which coverages you need and the correct deductibles and limits. Car insurance terms can be confusing and nobody wants to actually read their policy. Shown next are typical coverages found on most car insurance policies.

Coverage for collisions

This coverage covers damage to your Explorer caused by collision with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for claims like sideswiping another vehicle, colliding with a tree, hitting a mailbox, damaging your car on a curb and backing into a parked car. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. Another option is to choose a higher deductible in order to get cheaper collision rates.

Comprehensive coverage

This pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like theft, hitting a bird and falling objects. The maximum payout a car insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage protects you and your vehicle’s occupants when other motorists are uninsured or don’t have enough coverage. Covered losses include hospital bills for your injuries and damage to your Ford Explorer.

Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked. Most of the time the UM/UIM limits are similar to your liability insurance amounts.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance pay for bills such as nursing services, doctor visits, prosthetic devices and X-ray expenses. They are used to fill the gap from your health insurance program or if you lack health insurance entirely. It covers all vehicle occupants as well as any family member struck as a pedestrian. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage

Liability coverage

Liability coverage protects you from damage or injury you incur to people or other property that is your fault. This insurance protects YOU from claims by other people, and doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property. Another option is one limit called combined single limit (CSL) that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage pays for claims like bail bonds, funeral expenses and pain and suffering. How much coverage you buy is a decision to put some thought into, but buy as high a limit as you can afford.

Make a quick buck

Cheap 1992 Ford Explorer insurance can be purchased online in addition to many insurance agents, so you should be comparing quotes from both so you have a total pricing picture. Some insurance coverage companies do not provide you the ability to get quotes online and many times these regional insurance providers only sell through independent insurance agents.

We just showed you a lot of techniques to reduce insurance prices online. The key thing to remember is the more rate comparisons you have, the better likelihood of reducing your rate. You may even find the best price on insurance coverage is with a small mutual company. Some small companies may have significantly lower rates on certain market segments as compared to the big name companies such as Progressive and Geico.

More detailed insurance coverage information is available in the articles below: