Cheaper 1994 Ford Explorer Car Insurance Rates

Are you tired of not being able to afford to insure your Ford every month? You are in the same boat as many other drivers. Because you have many companies to choose from, it can be hard to pick the best company.

Consumers should take time to shop coverage around at least once a year due to the fact that insurance rates go up and down regularly. Even if you think you had the best price on Explorer coverage six months ago there is a good chance you can find better rates now. So forget anything you know (or think you know) about auto insurance because you’re going to learn how to use online quotes to find better rates and still maintain coverage.

Compare Insurance Coverage Costs

Performing a rate comparison can take time and effort if you don’t know the most efficient way. You could spend your day discussing policy coverages with insurance companies in your area, or you could save time and use the web to get rates in a matter of minutes.

Most of the larger companies take part in a program where prospective buyers complete one form, and each participating company provides a quote determined by their information. This prevents consumers from doing quotation requests to every company.

To find out what other companies charge for 1994 Ford Explorer insurance click here (opens in new window).

The only downside to using this type of form is you are unable to specify which providers you want pricing from. So if you prefer to pick individual companies for rate comparison, we have a page of companies who write insurance coverage in your area. Click here to view list.

Which method you use is up to you, but make darn sure you compare apples-to-apples coverages and limits for every company. If you use higher or lower deductibles then you won’t be able to truly determine the lowest rate.

These discounts can slash insurance coverage rates

Insurance can be prohibitively expensive, but you can get discounts to help bring down the price. Certain discounts will be triggered automatically when you purchase, but a few need to be asked about before you get the savings. If you don’t get every credit you deserve, you’re just leaving money on the table.

  • Federal Employees – Employees or retirees of the government may qualify you for a discount on Explorer coverage with a few insurance coverage companies.
  • Low Mileage Discounts – Low mileage vehicles could qualify for discounted rates on garaged vehicles.
  • Service Members Pay Less – Having a deployed family member could mean lower rates.
  • Payment Method – If you pay your entire premium ahead of time instead of making monthly payments you may reduce your total bill.
  • Defensive Driving Course – Taking part in a course in driver safety can save you 5% or more if you qualify.
  • New Car Discount – Putting insurance coverage on a new car can save up to 30% since new cars are generally safer.
  • No Charge for an Accident – A few companies permit an accident before hitting you with a surcharge if you are claim-free for a certain period of time.
  • Auto/Home Discount – If you insure your home and vehicles with one company you may save 10% to 20% off each policy.
  • Club Memberships – Participating in a professional or civic organization could qualify you for a break on insurance coverage on Explorer coverage.
  • Seat Belts Save – Drivers who require all occupants to use their safety belts could save 15% off the personal injury premium cost.

A little note about advertised discounts, most of the big mark downs will not be given to all coverage premiums. The majority will only reduce the cost of specific coverages such as comprehensive or collision. So when it seems like you could get a free insurance coverage policy, it just doesn’t work that way. Any amount of discount will help reduce your overall premium however.

Companies that possibly offer these benefits may include but are not limited to:

Double check with each insurance company which discounts you may be entitled to. Some discounts might not be offered in your state.

When might I need the advice of an agent?

When choosing adequate coverage, there really is no cookie cutter policy. Your needs are not the same as everyone else’s and your policy should reflect that. For instance, these questions might point out whether or not you might need an agent’s assistance.

  • Are there companies who specialize in insuring high-risk drivers?
  • Will my insurance pay for OEM parts?
  • When should I buy a commercial auto policy?
  • Are my friends covered when driving my 1994 Ford Explorer?
  • What discounts do I qualify for?
  • Are split liability limits better than a combined single limit?
  • Does coverage extend to Mexico or Canada?
  • Am I covered when using my vehicle for business?

If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to a licensed agent. If you want to speak to an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and can provide invaluable advice.

What determines your Ford Explorer insurance premium

It’s important that you understand the factors that help determine the rates you pay for insurance coverage. When you know what positively or negatively impacts premium levels enables informed choices that could result in much lower annual insurance costs.

  • Theft deterrents lower rates – Purchasing a vehicle that has an advanced theft prevention system can help bring down rates. Theft prevention features such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping your car from being stolen.
  • Safe vehicles cost less to insure – Vehicles with high crash test scores tend to have better insurance rates. Safer cars reduce injuries and better occupant protection means less money paid by your insurance company and more competitive rates for policyholders. If your Ford is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website it may be receiving lower rates.
  • Extra coverages can waste money – There are a ton of add-on coverages that you can get tricked into buying on your Explorer policy. Coverages for roadside assistance, accidental death and term life insurance are examples of these. They may seem like a good idea when talking to your agent, but if they’re wasting money eliminate them to save money.
  • What are your deductibles? – Deductibles for physical damage define the amount you are required to spend in the event of a claim. Physical damage insurance, otherwise known as comp (or other than collision) and collision, covers damage that occurs to your car. A few examples of covered claims could be running into the backend of another car, damage caused by hail, and burglary. The more you have to pay, the less your insurance coverage will be on Explorer coverage.
  • Men pay higher rates – Statistics show women are more cautious behind the wheel. However, don’t assume that women are better drivers. They both tend to get into accidents in similar percentages, but the male of the species cause more damage and cost insurance companies more money. Men also tend to have more aggressive citations such as DWI and reckless driving.
  • Bad driving skills means higher rates – A bad driving record impacts your car insurance rates tremendously. Even one citation can boost insurance rates by twenty percent. Careful drivers tend to pay less for car insurance than their less careful counterparts. If you have dangerous violations like reckless driving, hit and run or driving under the influence may find they need to submit a SR-22 or proof of financial responsibility with their state DMV in order to prevent a license revocation.
  • Your spouse saves you money – Having a spouse helps lower the price on your insurance coverage policy. Having a significant other usually means you are more mature and responsible and it’s proven that drivers who are married are more cautious.
  • Never go without insurance – Letting your insurance expire will be a quick way to bump up your insurance coverage costs. And not only will insurance be more expensive, but not being able to provide proof of insurance might get you a steep fine or even jail time.

Auto insurance coverages

Understanding the coverages of your policy can help you determine which coverages you need and the correct deductibles and limits. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording. Listed below are the normal coverages available from insurance companies.

Collision protection

Collision coverage will pay to fix damage to your Explorer caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision insurance covers things such as hitting a parking meter, sustaining damage from a pot hole, scraping a guard rail, crashing into a building and crashing into a ditch. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also choose a higher deductible in order to get cheaper collision rates.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP pay for expenses for things like dental work, ambulance fees, prosthetic devices, funeral costs and nursing services. The coverages can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage

Uninsured/Underinsured Motorist coverage

This provides protection when other motorists either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Due to the fact that many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important. Frequently these limits are identical to your policy’s liability coverage.

Liability coverage

This protects you from damage or injury you incur to other people or property in an accident. This insurance protects YOU against other people’s claims. It does not cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 50/100/50 which means $50,000 bodily injury coverage, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property. Another option is one limit called combined single limit (CSL) that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability can pay for claims like repair bills for other people’s vehicles, emergency aid and court costs. How much coverage you buy is up to you, but buy as much as you can afford.

Comprehensive coverage

Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things like damage from flooding, damage from a tornado or hurricane, damage from getting keyed, theft and a broken windshield. The most you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Have money to burn

Budget-conscious 1994 Ford Explorer insurance is available from both online companies and with local insurance agents, so you should compare both in order to have the best chance of saving money. Some insurance companies do not offer you the ability to get quotes online and usually these smaller companies provide coverage only through local independent agents.

We just presented many ways to save on insurance. The most important thing to understand is the more times you quote, the better your comparison will be. You may even discover the biggest savings come from the least-expected company. Smaller companies may cover specific market segments cheaper than their larger competitors like Progressive and GEICO.

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