Lower Your 2004 Ford Explorer Sport Trac Insurance Cost

Want cheaper auto insurance rates for your Ford Explorer Sport Trac? No one in their right mind likes having to buy auto insurance, in particular when their premiums are too high. Consumers have many insurers to pick from, and although it’s nice to have a choice, so many choices can make it hard to find the best rates for your vehicles.

It’s important to compare rates yearly since insurance rates are adjusted regularly by insurance companies. Just because you found the lowest rates on Explorer Sport Trac insurance a couple years back you can probably find a better price now. Ignore everything you know about auto insurance because you’re about to learn the best way to properly buy coverages while reducing your premium.

How to Compare Insurance Costs

There are a lot of ways to shop for insurance, but there is one way that is easier and takes less work. You could spend your day talking to insurance agencies in your area, or you can utilize online quotes to maximize your effort.

Most of the best insurance companies belong to an insurance system where prospective buyers enter their policy data once, and each participating company can provide price quotes based on that information. This eliminates the need for repetitive form submissions for each company you want a rate for.

To find out how much you can save on insurance click here (opens in new window).

The only drawback to getting quotes like this is you cannot specify the companies you want to price. So if you prefer to pick specific providers to compare, we put together a list of companies who write insurance in your area. Click here to view list.

However you get your quotes, ensure you are comparing the exact same coverages and limits with every price quote. If you use differing limits you will not be able to decipher which rate is best.

How to save on 2004 Ford Explorer Sport Trac insurance

Companies that sell car insurance don’t always advertise all available discounts in a way that’s easy to find, so the following is a list of some of the more common as well as the least known ways to save on auto insurance. If you aren’t receiving every discount available, you’re paying more than you need to.

  • Life Insurance – Companies who offer life insurance give better rates if you take out auto and life insurance together.
  • Military Discounts – Being deployed with a military unit may qualify for rate reductions.
  • Early Switch Discount – Select companies give a discount for signing up prior to your current policy expiration. It’s a savings of about 10%.
  • Senior Citizens – If you qualify as a senior citizen, you may be able to get reduced rates on Explorer Sport Trac insurance.
  • Anti-lock Brake Discount – Anti-lock brake equipped vehicles are safer to drive and qualify for as much as a 10% discount.
  • Student Driver Training – Require your teen driver to complete a driver education course if it’s offered in school.
  • Low Mileage – Keeping the miles down on your Ford could qualify for better rates on cars that stay parked.

It’s important to understand that most credits do not apply to the overall cost of the policy. Some only apply to individual premiums such as medical payments or collision. Even though it may seem like it’s possible to get free car insurance, it doesn’t quite work that way.

To see a list of insurers who offer auto insurance discounts, follow this link.

Tailor your coverage to you

When choosing proper insurance coverage, there isn’t really a “perfect” insurance plan. Everyone’s needs are different so your insurance should reflect that For instance, these questions may help highlight if your insurance needs could use an agent’s help.

  • Is pleasure use cheaper than using my 2004 Ford Explorer Sport Trac to commute?
  • Should I rate my 2004 Ford Explorer Sport Trac as pleasure use or commute?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Why do I only qualify for high-risk insurance?
  • Are split liability limits better than a combined single limit?
  • Will I lose any money if I cancel my policy before it expires?
  • Should I buy full coverage?
  • Does having multiple vehicles earn me a discount?

If you don’t know the answers to these questions, you may need to chat with an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and may give you better protection.

Car insurance coverages for a 2004 Ford Explorer Sport Trac

Having a good grasp of a auto insurance policy aids in choosing which coverages you need for your vehicles. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy. Below you’ll find typical coverage types available from auto insurance companies.

Collision coverage protection

This will pay to fix damage to your Explorer Sport Trac resulting from a collision with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.

Collision coverage protects against claims such as hitting a parking meter, crashing into a ditch, hitting a mailbox, rolling your car and backing into a parked car. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. Drivers also have the option to increase the deductible to bring the cost down.

Coverage for liability

This coverage can cover injuries or damage you cause to other people or property in an accident. It protects YOU against other people’s claims, and does not provide coverage for your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 25/50/25 that means you have a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery.

Liability insurance covers claims such as court costs, pain and suffering and medical expenses. How much liability coverage do you need? That is a personal decision, but consider buying higher limits if possible.

Comprehensive protection

Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things such as hitting a bird, hitting a deer, fire damage, damage from flooding and a tree branch falling on your vehicle. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Uninsured or underinsured coverage

Your UM/UIM coverage gives you protection from other drivers when they either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family as well as your vehicle’s damage.

Since many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses for things like rehabilitation expenses, chiropractic care, X-ray expenses, ambulance fees and EMT expenses. The coverages can be used to fill the gap from your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants and also covers being hit by a car walking across the street. PIP is not universally available but can be used in place of medical payments coverage

Coverage on a shoestring budget

You just learned many ways to shop for 2004 Ford Explorer Sport Trac insurance online. The key thing to remember is the more quotes you get, the higher the chance of saving money. Consumers may even find the best price on auto insurance is with a smaller regional carrier. Regional companies may only write in your state and offer lower rates compared to the large companies like Allstate, Geico and Progressive.

As you restructure your insurance plan, it’s very important that you do not skimp on coverage in order to save money. In many cases, someone dropped collision coverage and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. Your aim should be to find the BEST coverage for the lowest price while not skimping on critical coverages.

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