Insurance for Ford ExplorerSearching for the cheapest insurance for your Ford Explorer in Indiana can turn out to be an all-consuming task, but you can learn our car insurance buying tips to find lower rates.

There are both good and bad ways to compare car insurance rates so we're going to tell you the absolute fastest way to price shop coverage for your Ford and find the lowest price either online or from Indianapolis insurance agents.

You should take the time to take a look at other company's rates yearly since insurance prices are rarely the same from one policy term to another. Despite the fact that you may have had the best price on Ford Explorer insurance in Indianapolis last year you can probably find a lower rate today. There are lots of tips to save on Explorer insurance on the internet, but you can learn the best ways to find cheap car insurance in Indianapolis.

If you have a policy now or need new coverage, you will benefit by learning to get lower rates and possibly find even better coverage. Finding quotes for the cheapest coverage in Indianapolis is easy if you know what you're doing. You just need to use the proper way to compare insurance rates online.

Cheap Ford insurance rate quotes in Indianapolis

The companies shown below are our best choices to provide free rate quotes in Indiana. If multiple providers are shown, it's highly recommended you visit several of them to get a more complete price comparison.

Ford Explorer Insurance Rates in Indianapolis, IN
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Explorer XLT 2WD $186 $294 $294 $18 $88 $880 $73
Explorer Eddie Bauer 2WD $208 $370 $318 $18 $94 $1,008 $84
Explorer XLT 4WD $208 $370 $318 $18 $94 $1,008 $84
Explorer XLT AWD $202 $242 $368 $22 $110 $944 $79
Explorer Eddie Bauer 4WD $138 $212 $290 $18 $86 $744 $62
Explorer Eddie Bauer AWD $188 $304 $264 $16 $80 $852 $71
Explorer Limited 2WD $240 $420 $340 $20 $102 $1,122 $94
Explorer Limited 4WD $192 $334 $364 $22 $110 $1,022 $85
Explorer Limited AWD $238 $358 $286 $16 $86 $984 $82
Get Your Own Custom Quote Go

Data rating is based on married female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Indiana minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, claim-free, and multi-vehicle. Price information does not factor in your specific Indianapolis location which can impact prices substantially.

How high should deductibles be?

One of the most common car insurance questions is the level to set your comp and collision deductibles. The rates below can help you visualize how much more rates are when you buy lower versus higher policy deductibles. The first set of rates uses a $100 deductible for comprehensive and collision coverage and the second price grid uses a $1,000 deductible.

Ford Explorer insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Explorer XLT 2WD $242 $358 $280 $16 $84 $1,005 $84
Explorer Eddie Bauer 2WD $242 $358 $280 $16 $84 $1,005 $84
Explorer XLT 4WD $242 $358 $280 $16 $84 $1,005 $84
Explorer XLT AWD $242 $358 $280 $16 $84 $1,005 $84
Explorer Eddie Bauer 4WD $272 $436 $280 $16 $84 $1,113 $93
Explorer Eddie Bauer AWD $272 $436 $280 $16 $84 $1,113 $93
Explorer Limited 2WD $272 $436 $280 $16 $84 $1,113 $93
Explorer Limited 4WD $272 $436 $280 $16 $84 $1,113 $93
Explorer Limited AWD $272 $436 $280 $16 $84 $1,113 $93
Get Your Own Custom Quote Go
Ford Explorer insurance rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Explorer XLT 2WD $134 $188 $280 $16 $84 $702 $59
Explorer Eddie Bauer 2WD $134 $188 $280 $16 $84 $702 $59
Explorer XLT 4WD $134 $188 $280 $16 $84 $702 $59
Explorer XLT AWD $134 $188 $280 $16 $84 $702 $59
Explorer Eddie Bauer 4WD $152 $230 $280 $16 $84 $762 $64
Explorer Eddie Bauer AWD $152 $230 $280 $16 $84 $762 $64
Explorer Limited 2WD $152 $230 $280 $16 $84 $762 $64
Explorer Limited 4WD $152 $230 $280 $16 $84 $762 $64
Explorer Limited AWD $152 $230 $280 $16 $84 $762 $64
Get Your Own Custom Quote Go

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Indiana minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, claim-free, and homeowner. Rate quotes do not factor in vehicle garaging location which can change coverage rates noticeably.

Using the premium rates above, we can conclude that using a $100 deductible would cost the average driver about $27 more each month or $324 annually than requesting the higher $1,000 deductible. Since the policyholder would be required to pay $900 more to file a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to have at least 33 months between claim filings, you would most likely save money if you opt for a higher deductible. Here's a better example of how you can make your own decision.

Average monthly premium for $100 deductibles: $89
Average monthly premium for $1,000 deductibles (subtract): - $62
Monthly savings from raising deductible: $27
Difference between deductibles ($1,000 - $100): $900
Divide difference by monthly savings: $900 / $27
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 33 months

One important caveat is that a higher deductible means you will have to pay more when you have a physical damage claim. It will be required that you have access to more funds in the event you need to pay more to get your vehicle repaired.

Ford Explorer full coverage rates compared to liability only

The illustration below illustrates the comparison of Ford Explorer insurance premiums with full physical damage coverage compared to only buying liability only. The premium estimates are based on no claims, a clean driving record, $100 deductibles, single female driver, and no additional discounts are factored in.

Should you pay for full coverage?

There is no clear-cut formula to stop buying physical damage insurance, but there is a guideline you can use. If the annual cost of having full coverage is more than about 10% of any settlement you would receive from your insurance company, then it's probably a good time to buy liability coverage only.

For example, let's say your Ford Explorer settlement value is $7,000 and you have $1,000 deductibles. If your vehicle is destroyed, you would only receive $6,000 after paying the physical damage deductible. If premium cost is more than $600 annually for comprehensive and collision coverage, then you might want to think about dropping full coverage.

There are some conditions where dropping physical damage coverage is not financially feasible. If you still have a loan on your vehicle, you have to carry full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you can't afford to buy a different vehicle in the even your car is totaled, you should keep full coverage.

Cautious drivers save money

The illustration below demonstrates how speeding tickets and at-fault fender-benders influence Ford Explorer yearly insurance costs for different ages of insureds. The rates are based on a married male driver, full physical damage coverage, $1,000 deductibles, and no other discounts are factored in.

Learn How to Lower Your Insurance Premiums

Many factors are taken into consideration when premium rates are determined. Some factors are common sense like your driving record, but others are more obscure like your continuous coverage or your vehicle rating.

Youthful drivers cost more - Inexperience drivers are proven to be careless and easily distracted with other occupants in the car so car insurance rates are higher. Older drivers are more cautious drivers, are lower risk to insure, and receive fewer citations.

Choose high IIHS safety ratings and save - Cars with five star safety ratings are cheaper to insure. The safest vehicles reduce the chance of injuries and lower rates of occupant injuries translates into savings for insurance companies and thus lower rates. If your Ford Explorer is rated at a minimum an "acceptable" rating on the Insurance Institute for Highway Safety website you may qualify for a discount.

A car insurance policy lapse is a bad thing - Having a gap between insurance policy dates is a fast way to drive up your policy premiums. And not only will your rates increase, not being able to provide proof of insurance could result in a license revocation or jail time.

More performance means more cost - The type of vehicle you are insuring makes a huge difference in determining your rates. Because the Ford Explorer is a standard SUV, insuring your vehicle will cost slightly more compared to average rates in Indianapolis. Small economy passenger cars usually have the lowest premiums, but the final cost of insurance is determined by many other factors.

Don't buy add-on coverages you don't need - Insurance policies have a lot of add-on coverages that can add up on your Explorer policy. Add-on coverages like vanishing deductibles, towing coverage, and membership fees may be costing you every month. They may seem like a good idea at first, but if you don't need them eliminate them to save money.

Loss probability for a Ford Explorer - Insurers analyze past claim statistics when they file their rates in each state. Vehicles that the data shows to have increased claim numbers or amounts will have higher premium rates. The next table shows the collected loss data for Ford Explorer vehicles.

For each type of coverage, the claim probability for all vehicles compiled together equals 100. Percentages below 100 indicate a favorable loss history, while percentages above 100 point to more claims or an increased chance of larger losses than average.

Insurance Loss Ratings for Ford Explorer Vehicles

Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Ford Explorer 4dr 2WD 80 90 79 75 70 82
Ford Explorer 4dr 4WD 94 94 97 75 70 85

Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Save with these discounts on Ford Explorer insurance in Indianapolis

Car insurance companies don't always publicize all possible discounts in a way that's easy to find, so we took the time to find some of the more common and the harder-to-find credits available to lower your premiums when you buy Indianapolis auto insurance online. If they aren't giving you every credit available, you're paying more than you need to.Auto insurance discounts

Don't be surprised that some credits don't apply to the entire policy premium. A few only apply to the price of certain insurance coverages like physical damage coverage or medical payments. So when the math indicates you could get a free auto insurance policy, companies don't profit that way. Any qualifying discounts should help reduce the premium cost.

The best auto insurance companies and their possible discounts are shown below.

Check with every company the best way to save money. Some discounts may not apply in your area. To see insurers who offer cheap Ford Explorer insurance quotes in Indiana, click here.

Car insurance is available from your local insurance agencies

Some people still like to buy from a licensed agent. Good insurance agents can help you build your policy and help submit paperwork. One of the great benefits of comparing car insurance online is you may find cheap rate quotes and still have an agent to talk to. Putting coverage with small agencies is important particularly in Indianapolis.

Upon completion of this quick form, your information is immediately sent to local insurance agents who will return price quotes for your insurance coverage. It's much easier because you don't need to find an agent since rate quotes are delivered to your email. In the event you want to get a comparison quote from a specific company, you would need to find their quoting web page and complete a quote there.

Compare rates from both independent and exclusive auto insurance agents

If you are wanting to find a reputable insurance agent or broker, there are two different types of agencies and how they are distinctly different. Car insurance policy providers can be described as either independent or exclusive depending on the company they work for. Either one can handle car insurance, but it is important to understand how they differ because it can factor into buying decisions.

Independent Car Insurance Agencies

Agents that elect to be independent can quote rates with many companies so they can quote policies through many companies and find the cheapest car insurance rates. To transfer your coverage to a different company, your policy is moved internally and that require little work on your part.

When searching for an agent, you should always get several quotes from several independent insurance agents to have the best price comparison. Many write coverage with smaller mutual companies that many times have cheaper rates.

The following is a short list of independent insurance agents in Indianapolis that may be able to give you cheap rate quotes.

More insurance agents

Exclusive Agents

Agents that elect to be exclusive can only place business with one company and examples are Allstate and State Farm. They generally cannot place coverage with different providers so always compare other rates. Exclusive agencies are well schooled on sales techniques which aids in selling service over price. A lot of people buy insurance from these agents mainly due to the prominent brand name and the convenience of having all coverages with one company.

Below are Indianapolis exclusive agents that are able to give rate quotes.

More insurance agents

Finding a good insurance agent shouldn't rely on just the bottom line cost. Any agent in Indianapolis should be forthright in answering these questions:

Upon getting reasonable responses to your questions as well as offering an affordable quote, you have narrowed it down to a car insurance agent that can properly insure your vehicles. Just keep in mind you have the power to cancel a policy whenever you choose to so don't assume that you are permanently stuck with any specific company for any length of time.

Car insurance can be complex

When quoting and choosing insurance from an agent or online, there really is no perfect coverage plan. Every situation is different so this has to be addressed.Higher deductibles save money For example, these questions might help in determining if you would benefit from professional advice.

If it's difficult to answer those questions but one or more may apply to you, you may need to chat with a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier It's fast, doesn't cost anything and may give you better protection.

Compare. Compare. Compare.

We've covered a lot of tips how to reduce Ford Explorer insurance premium rates online in Indianapolis. The key concept to understand is the more rate quotes you have, the higher the chance of saving money. Drivers may even discover the best premium rates are with an unexpected company. These smaller insurers can often insure niche markets at a lower cost than their larger competitors like Allstate, GEICO and Progressive.

When you buy Indianapolis auto insurance online, it's a bad idea to buy less coverage just to save a little money. There have been many situations where consumers will sacrifice collision coverage only to find out that the few dollars in savings costed them thousands. Your focus should be to find the BEST coverage for the lowest cost, but do not skimp to save money.

Budget-conscious Ford Explorer insurance is available both online as well as from independent agents in Indianapolis, and you should be comparing both to have the best rate selection. Some car insurance companies don't offer rates over the internet and many times these smaller companies only sell through independent insurance agencies.

To learn more, link through to the articles below: