2002 Ford Expedition Insurance Rates

Trying to find cheaper car insurance rates for your Ford Expedition? I can’t think of a single person who enjoys paying for car insurance, particularly when they are paying too much. There are many insurance companies to insure vehicles with, and even though it’s nice to have a selection, it can be more challenging to find a good deal.

The quickest way to compare car insurance rates is to realize most insurance companies participate in a system to give you rate quotes. To get started, all you need to do is take a few minutes to give details such as the year, make and model of vehicles, what you do for a living, the ages of drivers, and how much coverage you want. That rating information is instantly submitted to all major companies and you will receive price estimates immediately.

Discounts to lower 2002 Ford Expedition insurance rates

Insuring your vehicles can cost a lot, but there could be available discounts to help bring down the price. Certain discounts will be applied when you get a quote, but a few need to be manually applied before being credited. If you’re not getting every credit you qualify for, you are paying more than you should be.

  • Paperwork-free – A few companies will give a small break simply for signing over the internet.
  • Accident Waiver – A few companies will allow you to have one accident before your rates go up if you are claim-free for a set time period.
  • Discounts for Safe Drivers – Safe drivers can pay as much as 50% less for Expedition insurance than drivers with accidents.
  • Driver’s Ed – Require your teen driver to enroll in driver’s education if offered at their school.
  • Low Mileage – Keeping the miles down on your Ford can earn discounted rates on garaged vehicles.

It’s important to note that most of the big mark downs will not be given the the whole policy. Some only reduce specific coverage prices like liability and collision coverage. Even though it may seem like you could get a free insurance policy, companies don’t profit that way. But all discounts will help reduce the cost of coverage.

To see a list of providers with the best insurance discounts, click this link.

Tailor your coverage to you

When choosing adequate coverage, there isn’t really a “best” method to buy coverage. Everyone’s situation is a little different so this has to be addressed. Here are some questions about coverages that can aid in determining if you would benefit from an agent’s advice.

  • Am I covered if I crash into my own garage door?
  • Is my custom paint covered by insurance?
  • I have a DUI can I still get coverage?
  • Can I get a multi-policy discount?
  • Is upholstery damage covered by car insurance?
  • What if I don’t agree with a claim settlement offer?

If it’s difficult to answer those questions but you know they apply to you, you might consider talking to a licensed agent. If you don’t have a local agent, 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 you can get the answers you need.

Parts of the Ford Expedition rate equation

Consumers need to have an understanding of the factors that go into determining your insurance coverage rates. Knowing what controls the rates you pay helps enable you to make changes that could result in lower insurance coverage prices.

  • How’s your driving record? – Whether or not you get tickets has a lot to do with how much you pay for insurance. Good drivers have lower premiums compared to drivers with tickets. Even one speeding ticket can increase rates by twenty percent. Drivers with flagrant tickets like DWI, reckless driving or hit and run convictions are required to submit a SR-22 or proof of financial responsibility with their state motor vehicle department in order to keep their license.
  • Always keep insurance in force – Letting your insurance expire will be a quick way to increase your insurance coverage rates. And not only will your rates increase, getting caught without coverage can result in a license revocation or jail time.Then you may be required to submit proof of financial responsibility or a SR-22 with your state department of motor vehicles.
  • Are you male or female? – Statistics have proven that men are more aggressive behind the wheel. However, don’t assume that men are worse drivers. Women and men are in accidents in similar percentages, but the males cause more damage and cost insurance companies more money. They also get more serious tickets like reckless driving and DUI.
  • Higher deductibles cost less – Physical damage coverage, termed comprehensive and collision coverage on your policy, is used to repair damage to your Ford. Some examples of claims that would be covered could be colliding with a building, damage caused by hail, and rolling your vehicle. Deductibles for physical damage are how much you are willing to pay out-of-pocket in the event of a claim. The more money the insured has to pay upfront, the less your company will charge you for insurance for Expedition insurance.
  • Equipment add-ons that lower insurance coverage rates – Owning a car with a theft deterrent system can help bring down rates. Theft prevention features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can help prevent car theft.
  • More miles equals more premium – The more miles you rack up on your Ford every year the more you will pay for insurance coverage. The majority of insurers apply a rate based on their usage. Vehicles left parked in the garage receive lower rates compared to those used for work or business. If your policy improperly rates your Expedition may be costing you. Make sure your insurance coverage policy shows how each vehicle is driven, because improper ratings can cost you money.
  • Pay less if you’re married – Having a wife or husband can get you a discount on your policy. Having a spouse means you’re more mature than a single person and it’s proven that being married results in fewer claims.
  • Your location affects your rates – Living in a rural area can save you money when buying insurance coverage. Fewer people translates into fewer accidents and a lower car theft rate. Urban drivers tend to have traffic congestion and much longer commute distances. Longer commute distances means higher likelihood of an accident.

Car insurance coverage options for a Ford Expedition

Learning about specific coverages of a car insurance policy aids in choosing which coverages you need and the correct deductibles and limits. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. Below you’ll find the usual coverages found on most car insurance policies.

Auto liability insurance – 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. It does not cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show values of 100/300/100 which means $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery. Some companies may use a combined limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage protects against claims such as medical expenses, emergency aid, bail bonds, pain and suffering and funeral expenses. How much liability coverage do you need? That is your choice, but you should buy as much as you can afford.

UM/UIM Coverage – This gives you protection when the “other guys” either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your Ford Expedition.

Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important. Frequently these coverages do not exceed the liability coverage limits.

Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses for things like pain medications, hospital visits, rehabilitation expenses and dental work. They are utilized in addition to your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Comprehensive or Other Than Collision – Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things such as hitting a bird, hail damage and damage from a tornado or hurricane. The most a car insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Collision coverages – Collision coverage pays for damage to your Expedition resulting from a collision with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.

Collision insurance covers things such as colliding with another moving vehicle, sideswiping another vehicle, backing into a parked car, scraping a guard rail and crashing into a ditch. This coverage can be expensive, so analyze the benefit of dropping coverage from older vehicles. You can also increase the deductible in order to get cheaper collision rates.

Feed the piggy bank

Lower-priced 2002 Ford Expedition insurance is available on the web and with local insurance agents, and you should be comparing both to get a complete price analysis. Some insurance providers do not offer online quoting and usually these regional insurance providers provide coverage only through local independent agents.

As you prepare to switch companies, it’s not a good idea to skimp on coverage in order to save money. There have been many situations where an insured cut collision coverage and discovered at claim time they didn’t have enough coverage. The aim is to purchase a proper amount of coverage for the lowest price.

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