Save on Ford Expedition Insurance in Dallas

The best way we recommend to save on Ford Expedition insurance is to regularly compare quotes from companies in Dallas.

• First, spend a few minutes and learn about car insurance and the measures you can take to drop your rates. Many rating criteria that are responsible for high rates such as speeding and an imperfect credit score can be rectified by making minor changes to your lifestyle. Later in this article we will cover tips to find cheap prices and earn a bigger discount.
• Second, request price quotes from direct, independent, and exclusive agents. Exclusive agents and direct companies can only provide price estimates from a single company like Progressive or State Farm, while independent agencies can provide price quotes for a wide range of companies. Click to view companies
• Third, compare the price quotes to your current policy and see if you can save money. If you can save some money, make sure there is no lapse in coverage.
• Fourth, notify your current company of your intent to cancel your existing policy and submit a down payment along with a completed application to the new company. Once coverage is bound, put the new proof of insurance certificate with your registration paperwork.

A crucial key to this process is to use the same coverage limits and deductibles on each price quote and to quote with as many different companies as possible. This guarantees a level playing field and a complete rate analysis.

It’s amazing but over 70% of consumers have bought auto insurance from the same company for a minimum of four years, and just under half have never even compared rates from other companies. Dallas drivers could save 70% every year just by shopping around, but they don’t understand how simple it is to compare rate quotes online.

If you have coverage now or are shopping for new coverage, you can use this information to reduce premiums and still get good coverage. Finding the cheapest insurance coverage in Dallas is not rocket science. Smart shoppers just have to understand the proper methods to get comparison quotes using one simple form.

Lowering your car insurance rates is actually easier than you may think. All you need to do is take the time comparing price quotes from some recommended companies.

Getting free quotes online is quite simple, and it makes it obsolete to go to different Dallas agent offices. Quoting and buying Ford Expedition insurance online eliminates this option unless you have a need for the advice and guidance of an agent trained in personal lines coverage. Drivers can price shop your coverage online and have a local agent actually service the policy.

The following companies offer price comparisons in Texas. If multiple companies are shown, we recommend you visit two to three different companies to find the cheapest car insurance rates.

Do you qualify for discounts?

Car insurance companies do not advertise their entire list of discounts in an easy-to-find place, so the following is a list of some of the more common in addition to some of the lesser obvious discounts that may be available.

• Multi-policy Discount – If you combine your homeowners and auto policies and insure them both with the same insurance company you may save up to 20% and get you affordable Ford Expedition insurance rates in Dallas.
• New Vehicle Savings – Insuring a new Expedition can cost up to 25% less because newer vehicles keep occupants safer.
• Accident Forgiveness Coverage – This one is not really a discount per se, but some companies like GEICO and Allstate allow you one accident before raising your premiums with the catch being you have to be claim-free for a specific time period.
• Include Life Insurance and Save – Some insurance companies give a discount if you purchase a life insurance policy as well.
• Discount for Good Grades – Excelling in school could provide a savings of up to 20% or more. You can use this discount normally until age 25.

Consumers should know that 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 medical payments or collision. Just because you may think you can get free auto insurance, it’s just not the way it works.

The information below shows the difference between Ford Expedition insurance costs with and without discounts applied to the rates. The data is based on a male driver, no violations or accidents, Texas state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, marriage, multi-policy, multi-car, homeowner, and safe-driver discounts applied.

To choose insurers that have a full spectrum of discounts in Texas, click this link.

Coverage information

The data table shown below outlines detailed analysis of coverage prices for Ford Expedition models. Understanding how insurance prices are determined can be useful when making smart choices when comparing insurance quotes.

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-vehicle, and multi-policy. Premium costs do not factor in specific Dallas garaging location which can influence rates significantly.

An analysis of deductible level

The hardest decision when buying coverage is where to set your physical damage deductibles. The rates below may help to conceptualize the difference in cost when you choose different comp and collision deductibles. The first set of rates uses a $250 deductible for physical damage and the second price table uses a $1,000 deductible.

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, homeowner, and multi-policy. Rate quotes do not factor in specific location which can lower or raise prices considerably.

We can derive from the above data that using a $250 deductible will cost in the ballpark of $29 more each month or $348 every year across all Ford Expedition models than requesting the higher $1,000 deductible. Since the policyholder would be required to pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you average at a minimum 26 months between claim filings, you would save money if you choose a higher deductible.

One thing to be aware of is that a higher deductible level means you will have to cover more of the damage yourself when you file a claim. You need to have enough money in the bank in the event you need to pay the deductible to have repairs made.

Violations and accidents raise rates

The diagram below illustrates how speeding tickets and at-fault claims can influence Ford Expedition insurance rates for different ages of insureds. The premiums assume a married male driver, comprehensive and collision coverage, $250 deductibles, and no discounts are taken into consideration.

How much more does full coverage cost?

The information below illustrates the comparison of Ford Expedition insurance prices when comparing full coverage to liability only. The premiums assume no accidents, no driving violations, $250 deductibles, single status, and no other discounts are factored in.

When to drop full coverage

There is no written rule to eliminate comp and collision coverage, but there is a general convention. If the yearly cost of comp and collision coverage is more than around 10% of the replacement cost minus the deductible, then you might want to consider buying only liability coverage.

For example, let’s say your Ford Expedition replacement value is $7,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most your company will settle for is $6,000 after the policy deductible has been paid. If you are paying in excess of $600 a year to have full coverage, then you may need to consider dropping full coverage.

There are some circumstances where only buying liability is not in your best interest. If you still have a lienholder on your title, you have to carry full coverage in order to keep the loan. Also, if your emergency fund is not enough to purchase a different vehicle in the event your current vehicle is totaled, you should keep full coverage on your policy.

Why Your Insurance Premiums might be higher

One of the most helpful ways to save on auto insurance is to to have a grasp of a few of the rating criteria that play a part in calculating the rates you pay for auto insurance. If you understand what positively or negatively impacts your premiums, this allows you to make good choices that may reward you with big savings.

• Auto insurance rates and age – Young drivers in Texas have a tendency to be inattentive and easily distracted when behind the wheel so they pay higher auto insurance rates. Having to add a youthful driver to your auto insurance policy can be quite pricey. Older, more experienced drivers are shown to be more cautious, statistically cause fewer accidents, and get fewer tickets.

  The following chart is based on a single driver, full coverage with $100 deductibles, and no discounts or violations.

• Avoid coverage lapses – Allowing your auto insurance policy to lapse can be a sure-fire way to trigger a rate increase. Not only will you pay higher rates, the inability to provide proof of insurance could earn you fines or a revoked license.

• Are you male or female? – Over the last 30 years, statistics show that men are more aggressive behind the wheel. However, this does not mean males are worse at driving than females. Females and males have accidents in similar percentages, but the men cause more damage and cost insurance companies more money. In addition to higher claims, males also get more serious tickets such as reckless driving.

  The chart below illustrates the comparison of Ford Expedition car insurance rates for male and female drivers. The information is based on a clean driving record, no claims, comp and collision included, $100 deductibles, single status, and no policy discounts are applied.

• Only buy what you need – There are a lot of extra coverages that sound like a good idea at the time on your auto insurance policy. Insurance for coverage for rental cars, towing, and motor club memberships are examples of these. They may seem like a good idea initially, but if you don’t need them get rid of them and save.
• Safety ratings are a factor – Cars with high safety ratings are cheaper to insure. Vehicles built for safety reduce injuries and any reduction in injury severity means less claims paid passed on to you as lower rates. If your Ford Expedition scored at minimum four stars on Safercar.gov you may be receiving a better rate.

• Insurance loss statistics a Ford Expedition – Insurance companies use data from past claims to determine a rate that will be profitable for them. Vehicles that have high amounts or severity of claims will have higher rates for specific coverages.

  The table below outlines the insurance loss data used by companies for Ford Expedition vehicles. For each coverage type, the claim probability for all vehicles, regardless of make or model, is set at 100. Values below 100 mean the vehicle has better than average losses, while values over 100 point to more losses or an increased chance of a larger loss.

  
  

  Insurance Loss Ratings for Ford Expedition Vehicles

  Specific Ford Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Ford Expedition 4dr 2WD	67	88	82	55	45	70
  Ford Expedition 4dr 4WD	70	98	90	54	62	56
  Ford Expedition EL 4dr 2WD	74	104	97	52
  Ford Expedition EL 4dr 4WD	88	96	110	63	60	96

  BETTER

  AVERAGE

  WORSE

  Empty fields indicate not enough data collected
  Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years