How to Save on Ford Explorer Sport Trac Insurance in Virginia Beach

Insurance rates Ford Explorer Sport Trac in Virginia BeachThe most effective way to find low-cost prices for Ford Explorer Sport Trac insurance is to regularly compare quotes from providers who can sell car insurance in Virginia Beach.

The most important part of shopping around is that you use identical deductibles and limits on each quote and to quote with as many carriers as you can. This helps ensure an apples-to-apples comparison and a thorough price selection.

It’s an obvious conclusion that car insurance companies want to keep your business as long as possible. People who shop around for cheaper rates are likely to switch companies because there is a significant possibility of finding a lower-priced policy. A recent auto insurance study discovered that drivers who routinely shopped for cheaper coverage saved approximately $865 a year compared to policyholders who didn’t regularly shop around.

If finding the best rates on Ford Explorer Sport Trac insurance is your ultimate goal, then understanding how to quote prices and compare insurance premiums can help simplify the task of finding more affordable coverage.

The purpose of this post is to introduce you to how insurance works and how you can save the most money. If you currently have a car insurance policy, you will surely be able to shop for the lowest rates using the techniques presented in this article. But Virginia drivers do need to understand the way insurance companies price insurance differently.

Insurance rates and discounts

Companies do not list every available discount very well, so the list below gives a summary of a few of the more well known and the more hidden insurance savings.

Keep in mind that many deductions do not apply to your bottom line cost. A few only apply to individual premiums such as comprehensive or collision. So despite the fact that it appears it’s possible to get free car insurance, it’s just not the way it works.

The information below compares Ford Explorer Sport Trac insurance rates with and without discounts applied to the policy rates. The costs are based on a female driver, no driving violations, no at-fault accidents, Virginia state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, homeowner, claim-free, multi-policy, multi-car, and marriage discounts applied.

A list of companies and their possible discounts include:

Before buying, ask each company how you can save money. Some discounts might not be offered on policies in your state.

The quickest method to compare policy rates for Ford Explorer Sport Trac insurance in Virginia Beach takes advantage of the fact almost all companies will pay a fee to compare rate quotes. All consumers are required to do is take a few minutes to give details like deductibles desired, if you’re married, daily mileage, and if the vehicle is leased. Those rating factors is then sent to multiple car insurance providers and you get price estimates with very little delay.

To compare cheap Ford Explorer Sport Trac insurance rates now, click here and enter your zip code.

The companies shown below have been selected to offer price quotes in Virginia. To locate the cheapest car insurance in Virginia, we suggest you visit two to three different companies to get a more complete price comparison.

Rates and statistics

The premium table shown below showcases estimates of insurance rates for Ford Explorer Sport Trac models. Learning more about how insurance premiums are formulated can assist in making decisions when shopping around.

Ford Explorer Sport Trac Insurance Rates in Virginia Beach, VA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Explorer Sport Trac XLT 2WD $190 $378 $312 $18 $94 $992 $83
Explorer Sport Trac Limited 2WD $218 $378 $312 $18 $94 $1,020 $85
Explorer Sport Trac XLT 4WD $218 $378 $312 $18 $94 $1,020 $85
Explorer Sport Trac Limited 4WD $244 $460 $312 $18 $94 $1,128 $94
Explorer Sport Trac Limited AWD $244 $460 $312 $18 $94 $1,128 $94
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Data rating is based on single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Virginia minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, claim-free, and multi-vehicle. Prices do not factor in specific zip code location which can influence auto insurance rates considerably.

Where to set your deductibles

When buying auto insurance, a common question is how high should your deductibles be. The premium rates below approximate the differences in price when you choose different deductibles. The first rate quote example uses a $250 deductible and the second set of prices uses a $500 deductible.

Ford Explorer Sport Trac insurance prices with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Explorer Sport Trac XLT 2WD $174 $276 $258 $16 $78 $827 $69
Explorer Sport Trac Limited 2WD $198 $276 $258 $16 $78 $851 $71
Explorer Sport Trac XLT 4WD $198 $276 $258 $16 $78 $851 $71
Explorer Sport Trac Limited 4WD $224 $336 $258 $16 $78 $937 $78
Explorer Sport Trac Limited AWD $224 $336 $258 $16 $78 $937 $78
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Ford Explorer Sport Trac insurance prices with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Explorer Sport Trac XLT 2WD $140 $222 $258 $16 $78 $714 $60
Explorer Sport Trac Limited 2WD $162 $222 $258 $16 $78 $736 $61
Explorer Sport Trac XLT 4WD $162 $222 $258 $16 $78 $736 $61
Explorer Sport Trac Limited 4WD $182 $270 $258 $16 $78 $804 $67
Explorer Sport Trac Limited AWD $182 $270 $258 $16 $78 $804 $67
Get Your Own Custom Quote Go

Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and Virginia minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, claim-free, and homeowner. Table data does not factor in the specific area where the vehicle is garaged which can lower or raise coverage rates significantly.

We can estimate from the data above that using a $250 deductible will cost you roughly $10 more each month or $120 for a full year than opting for the higher $500 deductible. Because you would pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you tend to have more than 25 months between claim filings, you would save money by going with a higher deductible.

The illustration below shows how choosing a deductible and can increase or decrease Ford Explorer Sport Trac insurance costs for different categories of driver ages. The premiums assume a married male driver, comp and collision included, and no discounts are applied.

Cost comparison with and without full coverage

The example below shows the difference between Ford Explorer Sport Trac insurance premiums when comparing full coverage to state minimum liability only. The rate quotes are based on a clean driving record, no claims, $100 deductibles, drivers are not married, and no discounts are taken into consideration.

Should you pay for full coverage?

There is no clear-cut formula of when to eliminate comp and collision coverage, but there is a general guideline you can use. If the annual cost of coverage is more than 10% of the replacement cost minus the deductible, then it might be time to buy liability only.

For example, let’s assume your Ford Explorer Sport Trac replacement cost is $6,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, you would only receive $5,000 after paying the physical damage deductible. If premiums are more than $500 a year for comprehensive and collision coverage, then you might consider buying liability only.

There are a few cases where only buying liability is not recommended. If you still owe a portion of the original loan, you have to keep full coverage as part of the loan requirements. Also, if your emergency fund is not enough to purchase a different vehicle in case of an accident, you should not consider dropping full coverage.

Find Cheap Car Insurance with These Tips

When buying car insurance it’s important to understand a few of the rating criteria that are used to determine the price you pay for car insurance. When consumers understand what determines base rates, this enables informed choices that may reward you with big savings. Many factors are used in the calculation when quoting car insurance. Some of the criteria are obvious such as your driving history, but other factors are more transparent like where you live or your vehicle rating.

When should I discuss my situation with an agent?

Keep in mind that when it comes to choosing the best car insurance coverage, there really is not a best way to insure your cars. You are unique.

For example, these questions could help you determine whether your personal situation may require specific advice.

If you’re not sure about those questions but you think they might apply to your situation then you might want to talk to an insurance agent. If you want to speak to an agent in your area, fill out this quick form.

Can’t I compare prices from local Virginia Beach insurance agents?

Some people still like to go talk to an agent and that can be a great decision The best thing about comparing rates online is the fact that you can find the lowest rates but still work with a licensed agent. And supporting local agencies is especially important in Virginia Beach.

Find insurance agent in Virginia BeachOnce you complete this short form, the coverage information is emailed to companies in Virginia Beach who will return price quotes for your coverage. You won’t even need to find an agent since rate quotes are delivered directly to your email. You can most likely find cheaper rates and a licensed agent to work with. In the event you want to get a comparison quote from a particular provider, feel free to navigate to their website and complete a quote there.

If you would like to find a local Virginia Beach insurance agent, it’s helpful to know the types of agencies to choose from. Auto insurance agents in Virginia Beach may be either exclusive or independent.

Independent Auto Insurance Agents

Independent agents do not sell for just one brand so they can write business through many different auto insurance companies and find you cheaper rates. If your agent finds better pricing, they simply switch companies in-house and you don’t have to find a new agent.

When comparing auto insurance rates, you need to get several quotes from a couple of independent agencies for the best price selection. They often place coverage with lesser-known insurance companies which could offer lower prices.

Featured below is a partial list of independent insurance agents in Virginia Beach who may provide free price quotes.

More insurance agents

Exclusive Insurance Agents

Exclusive agencies write business for a single company such as Allstate, AAA, Farmers Insurance, and State Farm. Exclusive agents cannot provide other company’s prices so always compare other rates. These agents are very knowledgeable on their company’s products which can be an advantage. Some consumers prefer to use the same exclusive agent partially due to the brand rather than having the cheapest rates.

Shown below is a list of exclusive agents in Virginia Beach willing to provide rate quotes.

More insurance agents

Finding a good insurance agent should include more criteria than just the quoted price. The following questions are important to ask.

Auto insurance is not optional

Despite the high cost, maintaining insurance is mandatory in Virginia but it also protects more than you think.

The benefits of carrying enough insurance are definitely more than the cost, especially with large liability claims. On average, a vehicle owner in Virginia Beach is currently overpaying as much as $825 a year so shop around at least once a year to help ensure money is not being wasted.

One last thing to lower rates

A few companies may not have online price quotes and many times these smaller companies work with independent agents. Lower-priced car insurance in Virginia Beach is definitely available from both online companies as well as from independent agents in Virginia Beach, so you should be comparing quotes from both so you have a total pricing picture.

You just learned many ways to find affordable Ford Explorer Sport Trac insurance in Virginia Beach. It’s most important to understand that the more rate comparisons you have, the higher the chance of saving money. Consumers may even find the lowest auto insurance rates are with a smaller regional carrier.

People leave their current company for many reasons like policy cancellation, questionable increases in premium, denial of a claim and even lack of trust in their agent. No matter why you want to switch, finding a new company is not as difficult as it may seem.

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