Have you fallen victim to an overpriced insurance coverage policy? Believe me, many consumers are feeling buyer’s remorse and feel like there’s no way out. Because there are so many choices, it is very difficult to locate the most affordable provider.
Smart consumers take time to take a look at other company’s rates every six months because insurance rates change quite often. Even if you think you had the best deal on Explorer coverage a year ago there is a good chance you can find better rates now. So just ignore everything you know about insurance coverage because you’re going to get a crash course in the fastest and easiest way to find better rates and still maintain coverage.
Insuring your vehicles can cost a lot, but you can get discounts that can drop the cost substantially. Most are applied at the time of quoting, but less common discounts must be asked about prior to receiving the credit. If you aren’t receiving every discount possible, you are paying more than you should be.
Drivers should understand that most discounts do not apply the the whole policy. A few only apply to specific coverage prices like comp or med pay. So even though they make it sound like you would end up receiving a 100% discount, it just doesn’t work that way. Any qualifying discounts will reduce the amount you have to pay.
Car insurance companies that possibly offer these money-saving discounts include:
Double check with each company how you can save money. Discounts might not be offered in every state.
Performing a rate comparison can be a lot of work if you don’t utilize the best way to get rate quotes. You can spend countless hours talking about coverages with insurance companies in your area, or you could use the web to get the quickest rates.
The majority of car insurance companies are enrolled in a marketplace that enables customers to enter their policy data once, and at least one company then gives them pricing based on that information. This saves time by eliminating form submissions for every auto insurance company.
To find out how much you can save on auto insurance click here to open in new window.
One minor caviat to pricing coverage this way is you can’t choose which companies you will receive quotes from. So if you want to choose specific insurance companies to compare, we put together a list of auto insurance companies in your area. View list of insurance companies.
It’s up to you how you get prices quotes, just ensure you are comparing the exact same coverage information for every quote you compare. If the quotes have different deductibles it will be impossible to determine the best price for your Ford Explorer.
It’s important that you understand the different types of things that help determine the price you pay for insurance. Understanding what influences your rates empowers consumers to make smart changes that may reward you with better insurance rates.
When choosing proper insurance coverage for your vehicles, there really is no “best” method to buy coverage. Each situation is unique so your insurance should reflect that These are some specific questions may help highlight if you could use an agent’s help.
If it’s difficult to answer those questions, you may need to chat with a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier It’s fast, free and can help protect your family.
Knowing the specifics of your policy can be of help when determining which coverages you need at the best deductibles and correct limits. Policy terminology can be difficult to understand and nobody wants to actually read their policy. These are typical coverages found on the average car insurance policy.
Medical payments and PIP coverage
Medical payments and Personal Injury Protection insurance reimburse you for expenses like surgery, pain medications, X-ray expenses and rehabilitation expenses. They are often used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. They cover all vehicle occupants and also covers any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay
Collision protection
This coverage covers damage to your Explorer resulting from colliding with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.
Collision coverage pays for claims like colliding with another moving vehicle, crashing into a building, hitting a parking meter and scraping a guard rail. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to bump up the deductible in order to get cheaper collision rates.
Liability auto insurance
This coverage protects you from injuries or damage you cause to a person or their property. It protects you from legal claims by others. Liability doesn’t cover damage to your own property or vehicle.
Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 50/100/50 which means a limit of $50,000 per injured person, $100,000 for the entire accident, and $50,000 of coverage for damaged propery. Alternatively, you may have one limit called combined single limit (CSL) which combines the three limits into one amount without having the split limit caps.
Liability can pay for claims such as bail bonds, repair bills for other people’s vehicles, medical services and medical expenses. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy as large an amount as possible.
UM/UIM (Uninsured/Underinsured Motorist) coverage
This coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.
Because many people only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important. Normally these coverages are identical to your policy’s liability coverage.
Comprehensive auto coverage
Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for claims such as fire damage, hitting a bird, damage from a tornado or hurricane, a tree branch falling on your vehicle and hail damage. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.
Affordable 1997 Ford Explorer insurance is definitely available online in addition to many insurance agents, and you need to price shop both in order to have the best chance of saving money. Some insurance providers do not provide online quoting and most of the time these regional insurance providers sell through independent agents.
We just presented many tips how you can reduce insurance prices online. The key thing to remember is the more you quote, the higher your chance of finding lower rates. Consumers could even find that the most savings is with some of the lesser-known companies. Regional companies may have significantly lower rates on certain market segments than the large multi-state companies such as Progressive and Geico.
Additional information is available on the following sites: