2016 Ford Expedition Insurance Quotes – 5 Tricks for Best Rates

Do you get exhausted from not being able to scrape enough together to buy car insurance? You’re in the same situation as the majority of other drivers.

Big companies like GEICO, Farmers Insurance and State Farm all claim big savings with fancy advertisements and it is challenging if not impossible to see past the corporate glitz and find the best price available.

If you currently have a car insurance policy, you will most likely be able to reduce your rates substantially using this strategy. Buying car insurance is not rocket science. Nevertheless, vehicle owners can benefit by having an understanding of how insurance companies sell insurance online and use this information to your advantage.

Auto Insurance Discounts

Car insurance companies do not list every disount available very clearly, so the next list breaks down both the well known as well as some of the hidden discounts that may be available.

  • Waiver for an Accident – This one is not really a discount per se, but some companies like GEICO and Liberty Mutual will let one accident slide without getting socked with a rate hike if your claims history is clear for a particular time prior to the accident.
  • Bundle and Save – When you combine your homeowners and auto insurance with one company you may earn nearly 15% which can help you find affordable auto insurance.
  • Own a Home and Save – Being a homeowner may earn you a small savings due to the fact that maintaining a home requires personal responsibility.
  • Passenger Safety Discount – Vehicles equipped with air bags can qualify for discounts up to 30%.
  • Active Military Service – Being deployed in the military may lower your rates slightly.

As a sidenote, most discount credits are not given to all coverage premiums. Most only apply to the cost of specific coverages such as liability, collision or medical payments. Despite the fact that it seems like adding up those discounts means a free policy, you’re out of luck.

Auto insurance companies that may include these benefits include:

If you need lower rates, check with each company how you can save money. Depending on the company, some discounts may not be offered in your area. For a list of auto insurance companies with significant discounts, click here to view.

Do drivers who switch really save $451 a year?

Companies like Allstate, GEICO and Progressive constantly bombard you with television, radio, and online ads. They all seem to make the same claim of big savings after switching your coverage. How does every insurance company charge you a lower premium? This is the way they can do it.

All the different companies offer their best rates for the type of customer that will be a good risk. An example of this type of risk profile might be between 25 and 40, carries high limits, and chooses high deductibles. A customer who fits that profile receive the lowest rate quotes as well as pay quite a bit less when switching companies.

Drivers who fall short of the “perfect” profile will be charged more expensive rates and this can result in the customer buying from someone else. If you listen to the ad wording, they say “customers who switch” not “all people who quote” save that much. That’s the way insurance companies can advertise the savings.

Different companies use different criteria so it is so important to get a wide range of price quotes. It’s just too difficult to predict with any certainty which company will have the lowest rates.

Tailor your car insurance coverage to you

When choosing proper insurance coverage for your personal vehicles, there isn’t really a cookie cutter policy. Everyone’s situation is unique so your insurance needs to address that. For example, these questions might help in determining whether your personal situation may require specific advice.

  • Am I covered if my car is in a flood?
  • Do I have coverage when making deliveries for my home business?
  • Am I covered when driving in Canada or Mexico?
  • Is other people’s property covered if stolen from my vehicle?
  • When would I need rental car insurance?
  • Are my tools covered if they get stolen from my vehicle?
  • How much liability insurance is required?
  • What is the rate difference between pleasure use and commuting?
  • Am I insured when driving a different vehicle?

If you can’t answer these questions but you know they apply to you then you might want to talk to an agent. If you don’t have a local agent, take a second and complete this form or click here for a list of car insurance companies in your area.

Coverages available on your car insurance policy

Learning about specific coverages of car insurance can help you determine appropriate coverage and the correct deductibles and limits. Policy terminology can be confusing and even agents have difficulty translating policy wording. Shown next are typical coverage types found on the average car insurance policy.

Auto collision coverage

Collision insurance pays for damage to your Expedition resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims like damaging your car on a curb, hitting a parking meter and colliding with a tree. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

Comprehensive (Other than Collision)

Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like damage from flooding, hitting a deer and rock chips in glass. The maximum amount your car insurance company will pay is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Medical expense insurance

Med pay and PIP coverage reimburse you for bills for things like nursing services, hospital visits, rehabilitation expenses, chiropractic care and prosthetic devices. The coverages can be utilized in addition to your health insurance plan or if you lack health insurance entirely. It covers all vehicle occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Liability insurance

Liability insurance will cover damage or injury you incur to other’s property or people. Coverage consists of three different 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 100/300/100 which means $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000. Alternatively, you may have one limit called combined single limit (CSL) which provides one coverage limit rather than limiting it on a per person basis.

Liability insurance covers claims such as emergency aid, attorney fees, medical expenses, legal defense fees and medical services. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Protection from uninsured/underinsured drivers

Uninsured or Underinsured Motorist coverage provides protection from other drivers when they either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants as well as damage to your Ford Expedition.

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 important protection for you and your family. Most of the time your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Best coverage at the best price

When searching for cheaper auto insurance quotes, it’s not a good idea to reduce coverage to reduce premium. In many instances, consumers will sacrifice liability limits or collision coverage and learned later they didn’t purchase enough coverage. The aim is to buy the best coverage you can find at a price you can afford while still protecting your assets.

Lower-priced 2016 Ford Expedition insurance can be found from both online companies and from local insurance agents, and you should compare rates from both in order to have the best chance of saving money. Some insurance companies do not provide the ability to get a quote online and most of the time these small, regional companies provide coverage only through independent insurance agencies.

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