How Much Does 1995 Ford Explorer Car Insurance Cost?

Beginners to comparing insurance rates online can find shopping for cheap insurance coverage is not as easy as it seems.

It’s a great practice to price shop coverage periodically because prices are constantly changing. Even if you got the best price for Explorer coverage on your last policy other companies may now be cheaper. Block out anything you think you know about insurance coverage because you’re about to learn one of the quickest ways to find great coverage at a great price.

Finding the best rates is easy if you know what you’re doing. Basically, everyone who buys insurance stands a good chance to be able to find better rates. But consumers do need to learn the way companies sell insurance online.

Get lower rates on Ford Explorer insurance

Companies that sell car insurance don’t always publicize every discount in a way that’s easy to find, so we took the time to find both the well known and also the lesser-known ways to save on auto insurance.

  • Discounts for Safe Drivers – Drivers who don’t get into accidents can get discounts for up to 45% lower rates for Explorer coverage than their less cautious counterparts.
  • Own a Home – Being a homeowner can save you money because maintaining a house is proof that your finances are in order.
  • Passive Restraints – Factory air bags or motorized seat belts may earn rate discounts of more than 20%.
  • College Student – Kids in college who live away from home and don’t have a car can be insured at a reduced rate.
  • Auto/Home Discount – If you have multiple policies with the same insurance company you could get a discount of approximately 10% to 15%.
  • Good Student Discount – A discount for being a good student can save 20 to 25%. This discount can apply up to age 25.
  • Fewer Miles Equal More Savings – Keeping the miles down on your Ford could qualify for discounted rates on garaged vehicles.
  • Military Rewards – Being deployed with a military unit could be rewarded with lower premiums.
  • Anti-lock Brake System – Anti-lock brake equipped vehicles prevent accidents and earn discounts up to 10%.
  • More Vehicles More Savings – Insuring multiple cars or trucks on the same auto insurance policy qualifies for this discount.

A little note about advertised discounts, most credits do not apply to your bottom line cost. A few only apply to individual premiums such as physical damage coverage or medical payments. So even though it sounds like it’s possible to get free car insurance, auto insurance companies aren’t that generous.

For a list of providers with discount auto insurance rates, follow this link.

Why your Ford Explorer insurance rates may be high

Consumers need to have an understanding of the rating factors that come into play when calculating the price you pay for auto insurance. Understanding what determines base rates empowers consumers to make smart changes that can help you get lower auto insurance prices.

  • Lower rates come with age – More mature drivers are more cautious drivers, tend to file fewer claims and get fewer tickets. Teenage drivers are statistically proven to be careless and easily distracted when driving therefore auto insurance rates are much higher.
  • Don’t get talked into coverage you don’t need – There are many additional coverages you can purchase if you aren’t careful. Insurance for personal injury protection, better glass coverage and term life insurance are examples of these. They may seem good initially, but if they’re wasting money eliminate the coverages to reduce your premium.
  • Multi-policy discounts can save money – Most insurers will award you with lower prices to policyholders who buy several policies from them. It’s known as a multi-policy discount. Discounts can add up to five, ten or even twenty percent. Even though this discount sounds good, it’s still a good idea to comparison shop to ensure the best deal.
  • Rate your vehicle for proper use – The more miles you rack up on your Ford in a year’s time the higher your rate. Most companies rate vehicles based upon how you use the vehicle. Vehicles not used for work or commuting qualify for better rates as compared to vehicles used primarily for driving to work. Ask your agent if your auto insurance policy is showing how each vehicle is driven. If your policy improperly rates your Explorer can result in significantly higher rates.
  • Battle of the sexes – Statistics have proven women are more cautious behind the wheel. That doesn’t necessarily mean that men are WORSE drivers than women. They both have accidents at a similar rate, but the male of the species cause more damage. Men also tend to get more serious tickets like DUI and reckless driving. Teenage male drivers are most likely to cause an accident and are penalized with high auto insurance rates.
  • Occupation reflects on rates – Did you know that where you work can have an impact on rates? Jobs such as real estate brokers, executives and accountants tend to have higher rates than average due to job stress and long work days. On the flip side, occupations such as farmers, athletes and performers receive lower rates for Explorer coverage.
  • Drive a safer car and pay less – Vehicles with high crash test scores get lower rates. Safer cars reduce injuries and any reduction in injury severity translates into savings for insurance companies and thus lower rates. If your Ford has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it may be receiving lower rates.

Tailor your coverage to you

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

These are some specific questions may help you determine whether or not you could use an agent’s help.

  • Is my state a no-fault state?
  • Am I covered if my car is in a flood?
  • I have a DUI can I still get coverage?
  • Does coverage extend to Mexico or Canada?
  • Why does it cost so much to insure a teen driver?
  • Will I be non-renewed for getting a DUI or other conviction?
  • I don’t drive much so do I pay less?
  • What can I do if my company denied a claim?
  • Is a fancy paint job covered?

If you don’t know the answers to these questions, you might consider talking to a licensed agent. If you don’t have a local agent, fill out this quick form.

Don’t listen to company ads

Auto insurance providers like State Farm and Allstate continually stream ads on TV and radio. They all make the same claim of big savings after switching to their company. But how can every company make almost identical claims? It’s all in the numbers.

Different companies have a preferred profile for the type of driver they prefer to insure. A good example of a desirable insured might be between 25 and 40, has no prior claims, and drives newer vehicles. A driver who meets those qualifications will get the preferred rates and therefore will save a lot of money.

Potential customers who don’t meet the “perfect” profile will be charged higher premiums which leads to the driver buying from a lower-cost company. The ad wording is “customers that switch” not “everyone that quotes” save that much money. This is how insurance companies can confidently advertise the way they do. That is why it is so important to compare many company’s rates. It’s not possible to predict which auto insurance company will give you the biggest savings on Ford Explorer insurance.

Coverages available on your insurance policy

Having a good grasp of a insurance policy can help you determine the best coverages and the correct deductibles and limits. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording.

Liability

Liability coverage protects you from damages or injuries you inflict on a person or their property. This insurance protects YOU from claims by other people, and does not provide coverage for your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 25/50/25 which stand for a $25,000 limit per person for injuries, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property.

Liability insurance covers things such as legal defense fees, medical services, attorney fees, emergency aid and structural damage. How much coverage you buy is your choice, but you should buy higher limits if possible.

Coverage for medical payments

Coverage for medical payments and/or PIP reimburse you for bills like ambulance fees, prosthetic devices, chiropractic care, X-ray expenses and surgery. The coverages can be utilized in addition to your health insurance plan or if you do not have health coverage. They cover all vehicle occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage

Comprehensive coverages

This coverage pays for damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like hitting a deer, a tree branch falling on your vehicle, damage from flooding, a broken windshield and hail damage. The maximum payout your insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Coverage for collisions

Collision coverage pays for damage to your Explorer resulting from a collision with another car or object. You first must pay a deductible and then insurance will cover the remainder.

Collision insurance covers things like backing into a parked car, colliding with a tree and rolling your car. Collision is rather expensive coverage, so consider removing coverage from older vehicles. You can also choose a higher deductible to save money on collision insurance.

Uninsured and underinsured coverage

This coverage protects you and your vehicle when other motorists either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Due to the fact that many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Pennies from heaven

You just read many ways to get a better price on 1995 Ford Explorer insurance. It’s most important to understand that the more quotes you get, the better your chances of lowering your rates. You may even discover the most savings is with the smaller companies.

People leave their current company for many reasons like being labeled a high risk driver, not issuing a premium refund, poor customer service and delays in paying claims. Regardless of your reason for switching companies, choosing a new insurance company can be pretty painless.

While you’re price shopping online, it’s very important that you do not reduce needed coverages to save money. In many cases, consumers will sacrifice physical damage coverage to discover at claim time that the few dollars in savings costed them thousands. Your strategy should be to buy enough coverage at an affordable rate while not skimping on critical coverages.

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