2004 Ford Expedition Insurance Cost

Searching for better auto insurance rates? Consumers have a choice when looking for low-cost Ford Expedition insurance. They can either spend hours struggling with agents trying to get quotes or use the internet to find the lowest rates.

There are more efficient ways to find auto insurance online so you’re going to learn the best way to get price quotes for your Ford and find the lowest price from both online companies and local agents.

It is always a good idea to take a look at other company’s rates every six months due to the fact that insurance rates tend to go up over time. Just because you had the lowest price on Expedition insurance a couple years back you can probably find a better price now. Starting now, forget anything you know (or think you know) about auto insurance because we’re going to show you the best methods to save on auto insurance.

Lesser-known factors impacting Ford Expedition insurance rates

Consumers need to have an understanding of the rating factors that come into play when calculating insurance coverage rates. When you know what positively or negatively influences your rates helps enable you to make changes that may reward you with better insurance coverage rates.

The list below includes some of the factors that factor into rates.

  • High numbers of claims are not good – If you tend to file frequent claims, you can look forward to higher rates. Companies award discounts to people who do not rely on their insurance for small claims. Insurance coverage is meant to be used in the event of larger claims.
  • High crash test scores lower rates – Cars with high safety ratings tend to have better insurance rates. The safest vehicles have better occupant injury protection and any reduction in injury severity translates into fewer and smaller insurance claims and lower rates for you. If your Ford Expedition earned at least four stars on Safercar.gov it is probably cheaper to insure.
  • Save money with special equipment – Choosing a vehicle with an alarm system can save you a little every year. Theft prevention features like GM’s OnStar, tamper alarm systems and vehicle immobilizers can thwart car theft.
  • Liability coverage protects you – Liability coverage provides coverage in the event that a jury decides you are liable for causing damage or personal injury in an accident. It provides legal defense up to the limits shown on your policy. Liability is cheap when compared with rates for comp and collision, so do not skimp.
  • Do you need the policy add-ons? – There are many extra bells and whistles that you can get tricked into buying on your Expedition policy. Coverages like roadside assistance, accidental death and motor club memberships are examples of these. These may sound like a good investment when you first buy your policy, but if you don’t need them get rid of them and save.
  • Pleasure use or commuting – The higher the mileage driven in a year’s time the higher your rate. Most companies charge to insure your cars based on their usage. Autos left parked in the garage can get a lower rate than vehicles that are driven to work every day. Make sure your insurance coverage declarations sheet shows the correct usage for each vehicle, because it can save money. If your policy improperly rates your Expedition may be wasting your money.
  • No coverage gaps is important – Letting your insurance expire is a guaranteed way to increase your insurance coverage rates. Not only will you pay more, getting caught without coverage may earn you a steep fine or even jail time.Then you may be required to file a SR-22 with your state department of motor vehicles.

Insurance Comparisons

There are a lot of ways to shop for insurance, and some are less time-consuming than others. You could spend your day talking to agents in your area, or you could save time and use the web to get rate comparisons in just a few minutes.

Most major companies participate in a marketplace where prospective buyers enter their coverage request one time, and each participating company then returns a price quote determined by their information. This saves time by eliminating quote requests for every insurance company.

To get comparison pricing now click here (opens in new window).

The only downside to comparing rates this way is buyers cannot specifically choose the providers to get quotes from. So if you prefer to pick from a list of companies to compare prices, we have a page of insurance companies in your area. View list of insurance companies.

It’s up to you which method you use, but be sure to compare apples-to-apples coverage information for each price quote. If each company quotes unequal deductibles or liability limits it will be next to impossible to make an equal comparison.

Policy discounts you shouldn’t miss

Insurance can be prohibitively expensive, buy you may qualify for discounts that can drop the cost substantially. Larger premium reductions will be automatically applied when you quote, but some must be manually applied prior to receiving the credit. If you aren’t receiving every discount available, you’re just leaving money on the table.

  • Anti-theft System – Anti-theft and alarm systems help deter theft and earn discounts up to 10%.
  • Multiple Policy Discount – If you have multiple policies with one company you may save 10% to 20% off each policy.
  • Low Mileage Discounts – Keeping the miles down on your Ford could qualify for lower rates on the low mileage vehicles.
  • Life Insurance – Companies who offer life insurance give a discount if you purchase auto and life insurance together.
  • Pay Now and Pay Less – If you pay your entire premium ahead of time instead of monthly or quarterly installments you could save up to 5%.
  • Discounts for Safe Drivers – Safe drivers may save up to 50% more on Expedition insurance than drivers with accident claims.

Consumers should know that some of the credits will not apply to the entire policy premium. Most only apply to individual premiums such as comp or med pay. Just because you may think it’s possible to get free car insurance, it doesn’t quite work that way. But any discount will bring down the amount you have to pay.

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

Insurance agents can help

When it comes to buying the best insurance coverage coverage for your personal vehicles, there really is not a “perfect” insurance plan. Everyone’s situation is a little different.

For example, these questions might point out whether you may require specific advice.

  • What can I do if my company denied a claim?
  • How high should my uninsured/underinsured coverage be in my state?
  • What is covered by UM/UIM coverage?
  • Am I covered when pulling a rental trailer?
  • Do I need an umbrella policy?
  • When can my company non-renew my policy?
  • How high should my medical payments coverage be?
  • When should I drop full coverage on my 2004 Ford Expedition?

If you’re not sure about those questions then you might want to talk to an insurance agent. To find lower rates from a local agent, fill out this quick form. It’s fast, doesn’t cost anything and you can get the answers you need.

Car insurance coverages for a 2004 Ford Expedition

Knowing the specifics of insurance helps when choosing appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy.

Comprehensive insurance – This pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims such as damage from flooding, falling objects, damage from getting keyed and a tree branch falling on your vehicle. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage pay for expenses for things like EMT expenses, X-ray expenses and hospital visits. They are used to fill the gap from your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage protects you and your vehicle from other motorists when they do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants as well as damage to your 2004 Ford Expedition.

Because many people have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important. Most of the time your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Auto liability insurance – This can cover damages or injuries you inflict on other’s property or people in an accident. This coverage protects you from legal claims by others. Liability doesn’t cover damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see liability limits of 50/100/50 which stand for a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property. Occasionally you may see a combined limit which limits claims to one amount without having the split limit caps.

Liability coverage protects against things such as medical expenses, repair bills for other people’s vehicles, bail bonds, court costs and loss of income. How much liability should you purchase? That is a decision to put some thought into, but buy as large an amount as possible.

Collision – Collision coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things like damaging your car on a curb, backing into a parked car, crashing into a building, sustaining damage from a pot hole and driving through your garage door. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. Another option is to choose a higher deductible to bring the cost down.

Don’t throw your cash in the trash

You just read many tips how you can shop for 2004 Ford Expedition insurance online. It’s most important to understand that the more rate quotes you have, the higher the chance of saving money. Drivers may discover the most savings is with a company that doesn’t do a lot of advertising.

As you prepare to switch companies, you should never skimp on critical coverages to save a buck or two. There are many occasions where drivers have reduced collision coverage only to find out that they should have had better coverage. Your strategy should be to buy the best coverage you can find at a price you can afford.

People switch companies for a number of reasons such as high rates after DUI convictions, policy cancellation, extreme rates for teen drivers or policy non-renewal. Regardless of your reason, choosing a new company is not as difficult as it may seem.

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