Cheap 2002 Ford Explorer Sport Trac Insurance Rates

Sick and tired of robbing Peter to pay Paul to pay your car insurance bill each month? You are no different than many other consumers. Many car insurance companies vie to insure your vehicles, and because of this it can be hard to compare insurance companies and uncover the absolute best rates possible.

Lower rates by qualifying for discounts

Auto insurance companies don’t necessarily list all available discounts in an easy-to-find place, so the following is a list of some of the best known as well as the least known discounts you could be receiving. If they aren’t giving you every credit you qualify for, you’re paying more than you need to.

  • Multi-car Discount – Insuring more than one vehicle on the same auto insurance policy could earn a price break for each car.
  • Anti-theft Discount – Cars that have factory anti-theft systems prevent vehicle theft and qualify for as much as a 10% discount.
  • Good Student Discount – Getting good grades can get you a discount of up to 25%. Earning this discount can benefit you up until you turn 25.
  • Homeowners Discount – Simply owning a home may trigger a auto insurance policy discount because maintaining a house demonstrates responsibility.
  • Save over 55 – If you’re over the age of 55, you may qualify for reduced rates for Explorer Sport Trac insurance.
  • Passive Restraints and Air Bags – Factory air bags or automatic seat belts can qualify for discounts up to 30%.
  • Driver Safety – Taking a course in driver safety can save you 5% or more depending on where you live.
  • Early Signing – Some companies give discounts for buying a policy before your current policy expires. This can save 10% or more.

A little note about advertised discounts, many deductions do not apply the the whole policy. A few only apply to individual premiums such as liability and collision coverage. Even though it may seem like adding up those discounts means a free policy, you’re out of luck.

Companies who might offer some of the above discounts are:

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

Car insurance is unique, just like you

When buying the best insurance coverage coverage, there is no single plan that fits everyone. Every insured’s situation is different so your insurance should reflect that Here are some questions about coverages that could help you determine whether you might need professional guidance.

  • Should I waive the damage coverage when renting a car?
  • Does my personal policy cover me when driving out-of-state?
  • How high should my uninsured/underinsured coverage be in my state?
  • Does having multiple vehicles earn me a discount?
  • Am I covered when driving on a suspended license?
  • Do I pay less for low miles?
  • Can my teen drive my company car?

If you’re not sure about those questions but a few of them apply then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, complete this form or you can go here for a list of companies in your area. It’s fast, free and can help protect your family.

Can switching companies really save?

Consumers can’t ignore all the ads for cheaper car insurance from companies such as Progressive, Geico, Allstate and State Farm. All the ads make an identical promise that you’ll save big after switching your policy.

How do they all make the same claim? This is how they do it.

Different companies can use profiling for the driver that is profitable for them. For example, a desirable insured might be profiled as between the ages of 40 and 55, owns a home, and drives newer vehicles. Any driver that hits that “sweet spot” is entitled to the best price and is almost guaranteed to save when switching.

Consumers who are not a match for the “perfect” profile must pay higher prices and ends up with business not being written. The ads state “customers that switch” but not “drivers who get quotes” save that kind of money. That is how insurance companies can make the claims of big savings. This illustrates why you should compare many company’s rates. Because you never know the company that will give you the biggest savings on Ford Explorer Sport Trac insurance.

Specifics of your insurance policy

Understanding the coverages of your insurance policy can help you determine appropriate coverage and the correct deductibles and limits. The terms used in a policy can be confusing and nobody wants to actually read their policy. Shown next are the normal coverages available from insurance companies.

Collision coverages – Collision insurance covers damage to your Explorer Sport Trac resulting from colliding with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims like rolling your car, crashing into a ditch and crashing into a building. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. You can also raise the deductible to bring the cost down.

Coverage for liability – Liability coverage will cover damages or injuries you inflict on other people or property. It protects you from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 50/100/50 that means you have a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property.

Liability insurance covers things such as attorney fees, pain and suffering, bail bonds, medical services and medical expenses. The amount of liability coverage you purchase is your choice, but you should buy as large an amount as possible.

Coverage for medical payments – Coverage for medical payments and/or PIP kick in for immediate expenses like pain medications, chiropractic care and ambulance fees. They can be used to fill the gap from your health insurance program or if you lack health insurance entirely. They cover all vehicle occupants as well as getting struck while a pedestrian. PIP coverage is not universally available and may carry a deductible

Comprehensive coverages – This will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for claims such as hitting a bird, fire damage, damage from a tornado or hurricane and vandalism. The most you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Uninsured and underinsured coverage – This coverage provides protection when other motorists do not carry enough liability coverage. Covered losses include injuries to you and your family as well as damage to your Ford Explorer Sport Trac.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Take this to the bank

When trying to cut insurance costs, it’s a bad idea to buy lower coverage limits just to save a few bucks. There have been many cases where someone dropped liability limits or collision coverage and learned later that the few dollars in savings costed them thousands. The aim is to get the best coverage possible for the lowest price, not the least amount of coverage.

In this article, we presented a lot of techniques to shop for 2002 Ford Explorer Sport Trac insurance online. The key concept to understand is the more you quote, the more likely it is that you will get a better rate. Drivers may discover the biggest savings come from an unexpected company. These companies may have significantly lower rates on certain market segments than their larger competitors like Allstate and Progressive.

Discount insurance is possible on the web and with local insurance agents, and you need to price shop both to have the best rate selection. A few companies do not offer online quoting and these regional insurance providers work with independent agents.

Additional insurance coverage information can be found on the following sites: