How Much Does 2010 Ford Expedition Insurance Cost?

Having to pay for overpriced Ford Expedition insurance can take a big chunk out of your checking account and put a big crunch on your finances. Comparison shopping is free and is an excellent way to cut your insurance bill.

Many insurance companies vie for your hard-earned dollar, and it can be difficult to compare rates to discover the definitive lowest cost out there.

It’s a good idea to compare rates occasionally since insurance rates tend to go up over time. Despite the fact that you may have had the lowest rates on Expedition insurance a couple years back you can probably find a lower rate today. Forget anything you know (or think you know) about car insurance because I’m going to let you in on the secrets to the fastest way to find the best coverage while lowering your premiums.

Ford Expedition insurance rates can be determined by these details

It’s important that you understand the factors that go into determining car insurance rates. When you know what positively or negatively controls the rates you pay allows you to make educated decisions that will entitle you to much lower annual insurance costs.

  • Liability coverage is cheap – Liability coverage is the coverage that protects you when you are found to be at fault for personal injury or accident damage. Liability insurance provides for a legal defense up to the limits shown on your policy. Liability insurance is quite affordable when compared with rates for comp and collision, so buy as much as you can afford.
  • Do you need those extra coverages? – There are many extra coverages that can waste your money when buying car insurance. Insurance for roadside assistance, accident forgiveness and additional equipment coverage may be wasting your money. These coverages may sound good when you first buy your policy, but now you might not need them so eliminate the coverages to reduce your premium.
  • Higher deductibles cost less – Coverage for physical damage, otherwise known as comp (or other than collision) and collision, is used to repair damage to your Ford. Some examples of claims that would be covered are running into the backend of another car, vandalism, and burglary. The deductibles are how much you are willing to pay out-of-pocket if you file a covered claim. The more the insured has to pay upfront, the less your car insurance will be on Expedition insurance.
  • Proper usage rating affects rates – Driving more miles each year the higher your rate. Most companies price each vehicle’s coverage determined by how the vehicle is used. Autos used primarily for pleasure use qualify for better rates compared to those used for work or business. Double check that your car insurance coverage shows the proper vehicle usage. If your policy improperly rates your Expedition may be wasting your money.
  • Traffic violations increase rates – Drivers with clean records get better rates than bad drivers. Only having one ticket may increase your cost by as much as thirty percent. If you have serious violations such as hit and run, DWI or reckless driving convictions may find they need to submit a SR-22 or proof of financial responsibility with their state motor vehicle department in order to continue driving.
  • Your spouse saves you money – Being married actually saves money on car insurance. It means you’re more responsible it has been statistically shown that married drivers get in fewer accidents.

Don’t pay full price with these discounts

Car insurance can cost a lot, but you may find discounts to help bring down the price. A few discounts will automatically apply when you purchase, but some must be asked about before being credited.

  • Payment Method – If you pay your bill all at once instead of paying each month you may reduce your total bill.
  • Theft Prevention Discount – Vehicles equipped with anti-theft or alarm systems can help prevent theft and will save you 10% or more.
  • Service Members Pay Less – Having a deployed family member could mean lower rates.
  • Discount for Swiching Early – A few companies offer discounts for buying a policy before your current policy expires. The savings is around 10%.
  • Auto/Home Discount – If you insure your home and vehicles with the same company you may save 10% to 20% off each policy.
  • Driver’s Ed – Cut your cost by having your teen driver successfully complete driver’s ed class if it’s offered in school.
  • Accident Free – Drivers who don’t have accidents pay much less as compared to frequent claim filers.

As a disclaimer on discounts, most credits do not apply to all coverage premiums. Most cut the cost of specific coverages such as collision or personal injury protection. So when it seems like it’s possible to get free car insurance, you won’t be that lucky. But any discount will reduce your overall premium however.

Car insurance companies that possibly offer these discounts are:

Double check with each company which discounts you may be entitled to. Some discounts might not apply in your area.

Auto insurance ads bend the truth

Auto insurance providers like State Farm, Allstate and Geico constantly bombard you with ads on television and other media. They all make the same claim that you can save if you switch your policy. How do they all say the same thing?

Different companies are able to cherry pick for the right customer that is profitable for them. For instance, a preferred risk could possibly be over the age of 40, insures multiple vehicles, and has a short commute. A customer who fits that profile gets the lowest rates and as a result will probably save when they switch companies.

Potential insureds who don’t qualify for this ideal profile will be quoted higher premiums and this can result in business not being written. The ads say “drivers who switch” not “people who quote” save money. That’s why companies can make the claims of big savings.

This emphasizes why you should get as many comparisons as possible. Because you never know which company will provide you with the cheapest Ford Expedition insurance rates.

Your personal situation dictates your coverage

When buying adequate coverage, there really is no best way to insure your cars. Everyone’s situation is a little different so your insurance needs to address that. Here are some questions about coverages that can help discover if your insurance needs will benefit from professional help.

  • When should I not file a claim?
  • Why does it cost so much to insure a teen driver?
  • Am I covered if I crash into my own garage door?
  • Why am I required to buy liability insurance?
  • If my 2010 Ford Expedition is totaled, can I afford another vehicle?
  • Am I covered when delivering products for my home-based business?
  • Does my policy cover my teen driver if they drive my company car?
  • How can I force my company to pay a claim?
  • Can my teen driver be rated on a liability-only vehicle?
  • Do I need roadside assistance coverage?

If you’re not sure about those questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, complete this form or you can go here for a list of companies in your area.

Car insurance 101

Knowing the specifics of your insurance policy can be of help when determining the right coverages and proper limits and deductibles. Insurance terms can be impossible to understand and coverage can change by endorsement. Below you’ll find typical coverages available from insurance companies.

Liability car insurance

This coverage can cover injuries or damage you cause to people or other property. It protects YOU from claims by other people, and doesn’t cover 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. As an example, you may have values of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery. Some companies may use a combined limit which combines the three limits into one amount rather than limiting it on a per person basis.

Liability can pay for claims such as repair bills for other people’s vehicles, loss of income, structural damage, bail bonds and emergency aid. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Comprehensive coverages

Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims like damage from flooding, theft and rock chips in glass. The most a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance pay for bills such as hospital visits, X-ray expenses and doctor visits. They can be used to fill the gap from your health insurance policy or if you lack health insurance entirely. It covers all vehicle occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is only offered in select states and may carry a deductible

Collision coverage

This coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for claims like colliding with another moving vehicle, backing into a parked car and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. It’s also possible to choose a higher deductible to bring the cost down.

Uninsured and underinsured coverage

This protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and also any damage incurred to your Ford Expedition.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family. Frequently the UM/UIM limits do not exceed the liability coverage limits.

Money doesn’t grow on trees

In this article, we presented some good ideas how you can shop for 2010 Ford Expedition insurance online. It’s most important to understand that the more companies you get rates for, the higher the chance of saving money. You may even discover the lowest premiums are with the smaller companies. These smaller insurers may cover specific market segments cheaper than the large multi-state companies such as Progressive or Geico.

While you’re price shopping online, you should never skimp on coverage in order to save money. There have been many cases where an accident victim reduced liability limits or collision coverage only to find out that their decision to reduce coverage ended up costing them more. Your aim should be to buy a smart amount of coverage at the best price, not the least amount of coverage.

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