Cheap 2008 Ford Expedition EL Insurance Rates

Looking for the cheapest car insurance rates for your Ford Expedition EL? Finding lower rates for car insurance can seem to be hard for consumers not familiar with shopping for insurance online. There are so many options that it can turn into a big hassle to find lower rates.

Comprehensive Insurance Comparison

When shopping for insurance there are multiple ways of comparing rates from insurance companies in your area. The simplest method to compare 2008 Ford Expedition EL insurance prices involves getting comparison quotes online. This can be done using a couple different methods.

  • One of the simplest ways to find low rates is to use a rate comparison form like this one (opens in new window). This method eliminates the need for separate quotes for each company. Taking the time to complete one form gets you price quotes from multiple companies. Recommended for those who want to invest the least amount of time.
  • A more difficult way to shop for insurance online requires visiting the website for each individual company to complete a price quote. For instance, let’s assume you want comparison quotes from Nationwide, Geico and Travelers. To find out each rate you need to take the time to go to each site and enter your information, which is why the first method is more popular. For a handy list of car insurance company links in your area, click here.
  • The least recommended way to compare rates is to waste gas driving to and from local insurance agencies. The ability to buy insurance online eliminates the need for an insurance agent unless you prefer the personal advice only provided by licensed agents. Drivers can compare the best prices online but still have the advice of a local agent and we’ll cover that in a bit.

It’s up to you which method you use, but compare the exact same coverages for every quote you compare. If the quotes have unequal deductibles or liability limits you will not be able to truly determine the lowest rate. Having just a slight variation in limits can make a big difference in price. And when comparison shopping, obtaining a wide range of quotes will enable you to find better pricing.

Some factors that can determine what Ford Expedition EL insurance costs

Consumers need to have an understanding of the rating factors that help determine insurance rates. Understanding what influences your rates empowers consumers to make smart changes that may reward you with much lower annual insurance costs.

The following are some of the factors used by your company to calculate rates.

  • Older drivers save more – More mature drivers are more responsible, tend to file fewer claims and tend to be better behind the wheel. Young drivers are known to be more careless when driving and because of this, their insurance rates are much higher.
  • Do you work long hours in a high stress job? – Occupations such as judges, executives and stock brokers are shown to have the highest rates because of high stress levels and long work hours. On the other hand, professions such as scientists, students and the unemployed pay the least for Expedition EL coverage.
  • Extra add-on coverages are wasting money – There are quite a few extra coverages that can waste your money if you aren’t careful. Things like personal injury protection, accident forgiveness and membership fees may be costing you every month. They may seem good initially, but your needs may have changed so remove them from your policy.
  • Traffic violations increase rates – A bad driving record has a big impact on rates. Good drivers get better rates compared to drivers with tickets. Even one citation can increase rates by twenty percent. If you have flagrant violations like DWI, reckless driving or hit and run convictions may find they need to file a SR-22 with their state motor vehicle department in order to keep their license.
  • Lower rates with optional equipment – Owning a car with anti-theft technology or alarm system can get you a discount on your insurance. Anti-theft features such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can help prevent your car from being stolen.
  • Protect your assets with liability insurance – Liability insurance will protect you if ever a court rules you are at fault for damages from an accident. It provides legal defense coverage up to the limits shown on your policy. This coverage is very inexpensive compared to physical damage coverage, so do not cut corners here.
  • Do you qualify for a multi-policy discount? – Many companies will award you with lower prices to customers who consolidate policies with them, otherwise known as a multi-policy discount. Even if you’re getting this discount it’s still a good idea to shop around to make sure you are getting the best deal. You may still find a better deal by insuring with multiple companies.
  • Rural vs Urban Areas – Being located in a small town is a positive aspect when insuring your vehicles. Urban drivers tend to have more traffic problems and a longer drive to work. Fewer people means fewer accidents.

Discounts are available to cut your rates

The price of auto insurance can be rather high, but you can get discounts to cut the cost considerably. A few discounts will automatically apply at the time of quoting, but some must be inquired about before you will receive the discount.

  • Low Mileage Discounts – Fewer annual miles on your Ford could qualify for discounted rates on garaged vehicles.
  • Accident Waiver – A few companies permit an accident before hitting you with a surcharge if you are claim-free prior to the accident.
  • Discounts for Safe Drivers – Safe drivers can pay as much as 50% less for Expedition EL coverage than drivers with accidents.
  • Defensive Driver – Completing a driver safety course could save 5% or more if you qualify.
  • Club Memberships – Being a member of certain professional organizations could trigger savings on auto insurance for Expedition EL coverage.

Consumers should know that most discount credits are not given to the entire policy premium. The majority will only reduce individual premiums such as collision or personal injury protection. Just because you may think it’s possible to get free car insurance, companies don’t profit that way. But any discount will reduce the cost of coverage.

Car insurance companies that possibly offer these money-saving discounts may include but are not limited to:

It’s a good idea to ask all companies you are considering what discounts are available to you. Some discounts may not apply in your state.

Everyone needs different coverages

When it comes to choosing adequate coverage for your personal vehicles, there isn’t really a “perfect” insurance plan. Everyone’s situation is a little different.

For example, these questions can help discover whether or not you may require specific advice.

  • Do I have coverage when using my vehicle for my home business?
  • Why am I required to buy liability insurance?
  • What exactly is covered by my policy?
  • At what point should I drop full coverage?
  • Is rental equipment covered for theft or damage?
  • Who is covered when they drive my 2008 Ford Expedition EL?

If you can’t answer these questions but one or more may apply to you, you may need to chat with a licensed agent. If you don’t have a local agent, simply complete this short form.

Insurance coverages and their meanings

Knowing the specifics of your insurance policy can be of help when determining appropriate coverage and the correct deductibles and limits. Policy terminology can be ambiguous and nobody wants to actually read their policy.

Comprehensive coverages

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

Comprehensive insurance covers claims such as falling objects, damage from a tornado or hurricane, vandalism, a tree branch falling on your vehicle and damage from getting keyed. The maximum payout your insurance company will pay is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Liability auto insurance

This provides protection from damage or injury you incur to a person or their property in an accident. It protects YOU against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 100/300/100 which means a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property. Some companies may use a combined single limit or CSL that pays claims from the same limit with no separate limits for injury or property damage.

Liability insurance covers claims like structural damage, emergency aid, legal defense fees, court costs and bail bonds. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Coverage for collisions

This covers damage to your Expedition EL from colliding with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for things such as scraping a guard rail, damaging your car on a curb, crashing into a building, crashing into a ditch and colliding with a tree. This coverage can be expensive, so consider dropping it from vehicles that are older. It’s also possible to bump up the deductible to bring the cost down.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance provide coverage for expenses like prosthetic devices, EMT expenses, ambulance fees and nursing services. They are utilized in addition to your health insurance plan or if you lack health insurance entirely. They cover both the driver and occupants as well as any family member struck as a pedestrian. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

Uninsured and underinsured coverage

This protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and damage to your Ford Expedition EL.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Frequently the UM/UIM limits are similar to your liability insurance amounts.

A tidy conclusion

We just covered a lot of techniques to shop for 2008 Ford Expedition EL insurance online. The most important thing to understand is the more companies you get rates for, the better likelihood of reducing your rate. You may even discover the best price on insurance coverage is with a lesser-known regional company.

Drivers change insurance companies for a number of reasons such as high prices, delays in responding to claim requests, not issuing a premium refund or even high rates after DUI convictions. Regardless of your reason, finding the right insurance coverage provider can be easier than you think.

Lower-priced insurance is possible online as well as from independent agents, and you should compare price quotes from both to have the best chance of lowering rates. A few companies don’t offer online quoting and many times these smaller companies only sell through independent insurance agents.

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