2005 Ford Explorer Insurance Rates – 8 Policy Discounts

Have you had enough of scraping the payment together to pay your car insurance bill each month? Your situation is no different than millions of other consumers. You have multiple car insurance companies to insure vehicles with, and although it’s a good thing to be able to choose, it makes it harder to compare company pricing.

Cheap Auto Insurance Comparisons

Getting better 2005 Ford Explorer auto insurance pricing is a fairly straight forward process. You just need to spend a few minutes on the computer to get quotes from different insurance companies. It is quite easy and can be accomplished using a couple different methods.

  • The easiest and least time consuming way to get quotes for comparison would be an industry-wide quote request form (click to open form in new window). This easy form keeps you from doing repetitive form entry to each individual auto insurance company. Taking the time to complete one form will return price quotes from all major companies.
  • A more time consuming way to compare rate quotes is going to the website for every company you want to comare and complete a new quote form. For example, let’s assume you want rates from State Farm, Safeco and Progressive. To get rate quotes you would need to take the time to go to each site and enter your information, which is why the first method is quicker.

    For a list of links to companies insuring cars in your area, click here.

  • The hardest way of getting rate comparisons is to spend time driving to different agent offices. Buying insurance online eliminates the need for an insurance agent unless you want the trained guidance only provided by licensed agents. You can, however, obtain prices from the web and get advice from an agent in your area and you’ll learn how to do that later.

Whichever method you choose, be sure to compare apples-to-apples coverage information for each comparison quote. If the quotes have higher or lower deductibles it will be very difficult to determine the best price for your Ford Explorer.

Pay less for Ford Explorer insurance

Companies don’t always list all available discounts very well, so we researched some of the more common and also the lesser-known ways to save on auto insurance. If you don’t get every credit available, you are throwing money away.

  • Safe Drivers – Insureds without accidents can pay as much as 50% less on Explorer coverage than less cautious drivers.
  • Passive Restraints and Air Bags – Cars that have air bags or automatic seat belts may earn rate discounts of more than 20%.
  • No Charge for an Accident – Some insurance companies permit an accident without raising rates as long as you don’t have any claims for a particular time prior to the accident.
  • Life Insurance – Larger companies have lower rates if you buy life insurance from them.
  • Bundle and Save – If you insure your home and vehicles with one company you may save 10% to 20% off each policy.
  • Low Mileage – Driving fewer miles can qualify you for better rates on cars that stay parked.
  • Good Students Pay Less – Getting good grades can save 20 to 25%. The good student discount can last up until you turn 25.
  • Save over 55 – Mature drivers may qualify for a discount up to 10% on Explorer coverage.

Drivers should understand that many deductions do not apply to your bottom line cost. Most cut the cost of specific coverages such as collision or personal injury protection. Even though it may seem like you could get a free auto insurance policy, it doesn’t quite work that way.

To see a list of providers who offer auto insurance discounts, click here.

Tailor your coverage to you

When it comes to buying the right insurance coverage, there really is no best way to insure your cars. Each situation is unique so this has to be addressed. Here are some questions about coverages that might help in determining if you would benefit from professional advice.

  • Do I get a pro-rated refund if I cancel my policy early?
  • Is my camper covered by my car insurance policy?
  • How high should my medical payments coverage be?
  • Are all vehicle passengers covered by medical payments coverage?
  • Which is better, split liability limits or combined limits?
  • Can I still get insurance after a DUI?

If it’s difficult to answer those questions but you know they apply to you, then you may want to think about talking to a licensed agent. To find an agent in your area, simply complete this short form or you can also visit this page to select a carrier It’s fast, free and may give you better protection.

How can Progressive, GEICO, Allstate and State Farm save drivers who switch?

Consumers can’t ignore all the ads for the lowest price auto insurance from companies such as Progressive, GEICO, Allstate and State Farm. They all make the same claim that you’ll save big after switching your policy.

How do they all make the same claim? It’s all in the numbers.

All the different companies have a certain “appetite” for the type of customer that earns them a profit. For example, a driver they prefer could possibly be over the age of 50, is a homeowner, and has excellent credit. Any new insured that hits that “sweet spot” will get very good rates and as a result will probably save when switching.

Consumers who do not match the “perfect” profile will be quoted more money and ends up with business not being written. Company advertisements say “customers that switch” not “people who quote” save that much. That is how insurance companies can advertise the savings. This emphasizes why it’s extremely important to quote coverage with many companies. You cannot predict which insurance companies will give you the biggest savings on Ford Explorer insurance.

Coverage specifics

Having a good grasp of your insurance policy can be of help when determining the right coverages and the correct deductibles and limits. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording. Below you’ll find typical coverage types available from insurance companies.

Coverage for medical payments – Coverage for medical payments and/or PIP pay for short-term medical expenses like rehabilitation expenses, chiropractic care and surgery. They are used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Uninsured and underinsured coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries and damage to your 2005 Ford Explorer.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important.

Auto liability insurance – This can cover damages or injuries you inflict on people or other property by causing an accident. Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage pays for things such as emergency aid, structural damage and bail bonds. The amount of liability coverage you purchase is a personal decision, but buy higher limits if possible.

Comprehensive coverages – Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like hitting a bird, hail damage, falling objects and damage from a tornado or hurricane. The maximum amount 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 probably time to drop comprehensive insurance.

Collision – Collision coverage pays for damage to your Explorer caused by collision with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision insurance covers things such as sideswiping another vehicle, colliding with a tree, hitting a parking meter and damaging your car on a curb. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. You can also bump up the deductible to bring the cost down.

Final thoughts

While you’re price shopping online, it’s not a good idea to reduce needed coverages to save money. Too many times, an insured cut liability limits or collision coverage and discovered at claim time they didn’t have enough coverage. Your goal should be to buy the best coverage you can find for the lowest price while not skimping on critical coverages.

You just learned a lot of techniques to save on 2005 Ford Explorer insurance. The key thing to remember is the more companies you get rates for, the higher your chance of finding lower rates. Drivers may discover the best prices are with some of the lesser-known companies. Regional companies can often insure niche markets at a lower cost than the large multi-state companies such as Progressive or GEICO.

The cheapest insurance is possible both online and also from your neighborhood agents, so you should compare both to have the best selection. A few companies may not provide the ability to get a quote online and many times these smaller companies only sell through independent insurance agents.

More detailed insurance coverage information is available by following these links: