How Much Does 2001 Ford Explorer Sport Trac Car Insurance Cost?

Looking for lower auto insurance rates for your Ford Explorer Sport Trac? Have you fallen victim to overpriced auto insurance? Trust us, there are many people just like you.

Drivers have so many insurers to choose from, and even though it’s nice to have a choice, it can be more difficult to find the lowest cost provider.

Buying car insurance is not rocket science. Essentially anyone who buys insurance coverage should be able to lower their premiums. Although consumers do need to know how companies sell online because it can help you find the best coverage.

The most recommended method to get rate comparisons is to realize most of the larger companies pay for the opportunity to provide you with free rate quotes. The only thing you need to do is provide a little information including whether you drive to work or school, how much school you completed, any included safety features, and the ages of drivers. Your information is instantly provided to multiple companies and you should receive rate quotes very quickly.

To compare multiple company rates now, click here and find out if you can get cheaper insurance.

Verify you’re getting all your discounts

Car insurance companies don’t list every discount very clearly, so the following is a list of some of the more common as well as the least known discounts you could be receiving.

  • Anti-lock Brake Discount – Cars that have steering control and anti-lock brakes are safer to drive and will save you 10% or more.
  • Good Student – This discount can get you a discount of up to 25%. Earning this discount can benefit you up until you turn 25.
  • Use Seat Belts – Drivers who require all occupants to use their safety belts can save 10% or more on the medical payments or PIP coverage costs.
  • Payment Discounts – If you pay your bill all at once instead of paying each month you could save 5% or more.
  • Homeowners Pay Less – Owning a house can help you save on insurance coverage because of the fact that having a home demonstrates responsibility.
  • Paperwork-free – A handful of insurance companies will discount your bill up to fifty bucks simply for signing digitally online.
  • Multi-car Discount – Buying coverage for more than one vehicle with the same company qualifies for this discount.
  • Drive Safe and Save – Drivers who don’t get into accidents can pay as much as 50% less on Explorer Sport Trac insurance than drivers with accidents.

As a disclaimer on discounts, most of the big mark downs will not be given to the entire cost. Some only apply to the price of certain insurance coverages like liability, collision or medical payments. So despite the fact that it appears you can get free auto insurance, it just doesn’t work that way.

To see a list of companies offering insurance coverage discounts, click this link.

Factors determining your Ford Explorer Sport Trac insurance premium

It’s important that you understand the different types of things that help determine your car insurance rates. Having a good understanding of what impacts premium levels helps enable you to make changes that will entitle you to better car insurance rates.

  • Your credit rating is important – Having a bad credit score is a huge factor in determining what you pay for car insurance. Drivers who have excellent credit tend to be better drivers and file fewer claims than drivers with lower credit ratings. If your credit rating is low, you could be paying less to insure your 2001 Ford Explorer Sport Trac by improving your rating.
  • How’s your driving record? – Drivers with clean records have lower premiums than bad drivers. Only having one moving violation may increase your cost twenty percent or more. If you have serious violations like hit and run, DWI or reckless driving convictions may find they need to submit a SR-22 form with their state motor vehicle department in order to continue driving.
  • Optional equipment can affect rates – Owning a car with anti-theft technology or alarm system can get you a discount on your car insurance. Anti-theft features like GM’s OnStar, tamper alarm systems and vehicle immobilizers can help prevent car theft.
  • Safer cars cost less to insure – Safer cars tend to have better insurance rates. Safe vehicles reduce injuries and better occupant protection means lower claim amounts and more competitive rates for policyholders. If the Ford Explorer Sport Trac scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website it is probably cheaper to insure.
  • Extra coverages can waste money – There are a ton of extra bells and whistles that you can buy on your car insurance policy. Things like vanishing deductibles, towing coverage and motor club memberships are some examples. They may seem like a good idea when talking to your agent, but if you don’t need them remove them from your policy.
  • Lower deductibles cost more – The deductibles define the amount you are willing to pay out-of-pocket before your car insurance pays a claim. Physical damage insurance, commonly called comprehensive (or other-than-collision) and collision coverage, protects your car from damage. Examples of covered claims would be running into the backend of another car, damage from fire, or theft. The more you’re willing to pay, the bigger discount you will receive on Explorer Sport Trac insurance.
  • More people means more accidents – Residing in a small town is a positive aspect when insuring your vehicles. Drivers in populated areas have to deal with more traffic problems and a longer drive to work. Lower population means fewer accidents as well as less vandalism and auto theft.

When should I talk to an agent?

When choosing coverage for your personal vehicles, there is no perfect coverage plan. Your needs are not the same as everyone else’s so this has to be addressed. For example, these questions can aid in determining whether your personal situation could use an agent’s help.

  • Can I make deliveries for my home business?
  • Can my teen driver be rated on a liability-only vehicle?
  • Does my policy pay for OEM or aftermarket parts?
  • Where can I get insurance after a DUI in my state?
  • Who is covered when they drive my 2001 Ford Explorer Sport Trac?
  • How much underlying liability do I need for an umbrella policy?
  • When does my teenage driver need to be added to my policy?

If you can’t answer these 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, fill out this quick form or you can also visit this page to select a carrier

Switch companies and save? Really?

Companies like State Farm and Allstate consistently run ads on TV and radio. All the ads say the same thing about savings if you change to them. How do they all make almost identical claims?

All companies have a certain “appetite” for the right customer that earns them a profit. A good example of a preferred risk could possibly be a mature driver, is a homeowner, and has a high credit rating. A propective insured who fits that profile gets the lowest rates and is almost guaranteed to save when they switch companies.

Consumers who are not a match for the requirements will be quoted a more expensive rate and ends up with business going elsewhere. Company advertisements say “people who switch” but not “drivers who get quotes” save that kind of money. That is how companies can truthfully state the savings. This emphasizes why you absolutely need to get as many quotes as possible. It’s impossible to know the company that will fit your personal profile best.

Insurance coverages and their meanings

Understanding the coverages of insurance helps when choosing which coverages you need and the correct deductibles and limits. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording. Listed below are the normal coverages available from insurance companies.

Insurance for medical payments

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses for ambulance fees, X-ray expenses, surgery and EMT expenses. They can be utilized in addition to your health insurance policy or if you are not covered by health insurance. Coverage applies to you and your occupants and will also cover being hit by a car walking across the street. PIP is not universally available and may carry a deductible

Liability coverages

This coverage can cover injuries or damage you cause to a person or their property by causing an accident. It protects you from legal claims by others. It does not cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 25/50/25 which means $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery.

Liability coverage pays for claims such as medical expenses, repair bills for other people’s vehicles and loss of income. The amount of liability coverage you purchase is up to you, but consider buying as much as you can afford.

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. Covered losses include injuries to you and your family and also any damage incurred to your Ford Explorer Sport Trac.

Since a lot of drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Coverage for collisions

This pays for damage to your Explorer Sport Trac resulting from colliding with another car or object. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for claims like sustaining damage from a pot hole, hitting a mailbox, rolling your car, colliding with another moving vehicle and damaging your car on a curb. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. It’s also possible to choose a higher deductible in order to get cheaper collision rates.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like a tree branch falling on your vehicle, damage from getting keyed, fire damage, vandalism and rock chips in glass. The maximum payout your insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.

More choices the merrier

We just presented a lot of tips how to shop for 2001 Ford Explorer Sport Trac insurance online. The most important thing to understand is the more rate comparisons you have, the higher your chance of finding lower rates. Drivers may discover the lowest premiums are with an unexpected company. Smaller companies can often provide lower rates in certain areas than the large multi-state companies such as Geico and State Farm.

As you restructure your insurance plan, make sure you don’t sacrifice coverage to reduce premiums. In many instances, an insured cut liability coverage limits only to regret at claim time that a couple dollars of savings turned into a financial nightmare. Your strategy should be to purchase plenty of coverage for the lowest price while not skimping on critical coverages.

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