Cheapest Ford Explorer Insurance in Oklahoma City

To save the most money, the best way to get affordable Ford Explorer insurance is to do an annual price comparison from companies in Oklahoma City. Rate comparisons can be done by following these guidelines.

1. Spend some time learning about coverages and the things you can control to prevent expensive coverage. Many factors that result in higher prices such as at-fault accidents, careless driving, and a poor credit score can be rectified by making small lifestyle or driving habit changes. This article gives more details to help find cheaper rates and earn a bigger discount.
2. Request price quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only give prices from one company like GEICO and State Farm, while independent agents can quote rates from multiple insurance companies. View a list of agents
3. Compare the price quotes to your existing coverage and determine if cheaper Explorer coverage is available in Oklahoma City. If you can save some money and change companies, verify that coverage does not lapse between policies.
4. Provide notification to your current company to cancel your current coverage. Submit payment along with a signed and completed policy application to your new carrier. As soon as you can, safely store the certificate verifying proof of insurance with your registration paperwork.

The key thing to remember is to try to use identical coverage information on each quote and and to analyze as many carriers as you can. This guarantees an apples-to-apples comparison and a complete price analysis.

Amazingly, the vast majority of car insurance customers in Oklahoma have bought car insurance from the same company for at least four years, and roughly 40% of drivers have never quoted rates to find cheaper coverage. U.S. drivers could cut their rates by nearly 46.5% a year, but most tend to underestimate the amount of money they would save if they replace their high priced policy.

You Can Change Your Insurance Rates

It’s important that you understand some of the elements that go into determining the rates you pay for insurance. If you have some idea of what determines premiums, this allows you to make good choices that can help you get much lower annual insurance costs. Lots of things are part of the equation when you quote your car insurance policy. Some of the criteria are obvious such as your driving history, but some are not as apparent such as your marital status or your financial responsibility.

The itemized list below are some of the major factors insurance companies consider when setting your rate level.

• Extra policy coverages you don’t need – Insurance policies have a lot of additional coverages that can add up if you don’t pay attention. Coverages for replacement cost coverage, better glass coverage, and extra equipment coverage may be wasting your money. These may sound like a good investment when you first buy your policy, but your needs may have changed so think about removing them and cutting costs.

• Rates for guys may be higher – Over the last 50 years, statistics have shown women are more cautious behind the wheel. This data doesn’t prove that women are better drivers. Men and women tend to get into accidents at a similar rate, but the male of the species get into accidents with more damage. Not only are claims higher, but men receive more costly citations like reckless driving and DUI. Young men ages 16 to 20 have the highest risk to insure so it costs more to insure them.

  The example below shows the comparison of Ford Explorer car insurance costs for male and female drivers. The price estimates are based on a clean driving record, no claims, full coverage, $250 deductibles, single status, and no additional discounts are factored in.

• Bump up comp and collision deductibles to lower rates – Physical damage insurance, also called comprehensive and collision insurance, insures against damage to your Ford. A few examples of covered claims would be collision with another vehicle, flood damage, and damage caused by flying debris. Physical damage deductibles are the amount of money you are required to spend if you file a covered claim. The more of the claim you pay before a claim is paid (deductible), the less money you will pay for insurance.
• Lower rates for safer vehicles – Cars with five star safety ratings get lower rates. The safest vehicles result in less severe injuries and better occupant protection translates into fewer and smaller insurance claims which can result in lower premiums. If your Ford Explorer has at least four stars on Safercar.gov you are probably receiving a discount.
• Single drivers take more risk – Walking down the aisle can get you a discount when shopping for insurance. Marriage means you’re less irresponsible and insurance companies reward insureds because drivers who are married are more cautious.
• Never let your insurance policy lapse – Driving your car without having proper coverage is a misdemeanor and as a result your rates will increase for letting your coverage have a gap. Not only will you pay higher rates, not being able to provide proof of insurance could result in fines and jail time.

• Insurance loss data for a Ford Explorer – Insurers include the past claim history for a vehicle as a tool for profitable underwriting. Models that are shown to have higher claim amounts or frequency will cost more to insure.

  The table below shows the loss history for Ford Explorer vehicles. For each type of coverage, the statistical loss for all vehicles, regardless of make or model, is equal to 100. Values that are under 100 represent a good loss history, while numbers above 100 indicate higher probability of having a loss or an increased chance of a larger loss.

  
  

  Ford Explorer Insurance Claim Statistics

  Specific Ford 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

  BETTER

  AVERAGE

  WORSE

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

When shopping for Ford Explorer insurance in Oklahoma City there are multiple ways of comparing price quotes from local Oklahoma City insurance companies. By far the easiest way to comparison shop involves getting comparison quotes online.

Comparison shopping rates online is easy and it replaces the need to drive around to insurance agencies in your area. Quoting and buying Ford Explorer insurance online makes this process obsolete unless you want the trained guidance that can only be provided by a licensed insurance agent. Drivers can price shop your coverage online and get advice from an agent in your area.

Just remember that comparing more rates from different companies helps improve the odds of finding lower pricing.

The companies in the list below are our best choices to provide free rate quotes in Oklahoma City, OK. If more than one company is shown, we recommend you visit two to three different companies in order to get a fair rate comparison.

Facts and figures for Ford Explorer insurance

The premium information shown below highlights detailed analysis of insurance coverage prices for Ford Explorer models. Learning as much as possible about how policy rates are formulated can assist in making decisions when shopping around.

Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Oklahoma minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, safe-driver, and multi-vehicle. Table data does not factor in zip code location which can raise or lower premium rates greatly.

Can higher deductibles save money?

When shopping for insurance, a common question is which deductibles should you choose. The premium rates below lay out the rate difference of buying low and high coverage deductibles. The first rate comparisons uses a $250 deductible for physical damage and the second price table uses a $500 deductible.

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Oklahoma minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, safe-driver, and homeowner. Rate information does not factor in vehicle location which can impact auto insurance rates noticeably.

Based on the above data, using a $250 deductible will cost you about $16 more each month or $192 a year than choosing the higher $500 deductible. Because you would pay $250 more to file a claim with a $500 deductible as compared to a $250 deductible, if you usually have more than 16 months between claims, you would probably save some money by selecting a higher deductible.

Tickets and at-fault accidents raise rates

The diagram below illustrates how violations and accidents can increase Ford Explorer insurance prices for each different age group. The information is based on a single male driver, comprehensive and collision coverage, $250 deductibles, and no discounts are factored in.

It may be expensive, but it’s not optional

Even though it’s not necessarily cheap to insure a Ford in Oklahoma City, insurance is mandatory in Oklahoma but it also protects more than you think.

First, almost all states have minimum liability requirements which means state laws require a minimum amount of liability in order to drive the car. In Oklahoma these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.

Second, if you have a loan on your Ford Explorer, it’s most likely the lender will force you to have physical damage coverage to ensure loan repayment if the vehicle is totaled. If you cancel or allow the policy to lapse, the bank may insure your Ford for a much higher rate and force you to pay for the much more expensive policy.

Third, auto insurance preserves not only your car but also your financial assets. Insurance will pay for all forms of medical expenses for both you and anyone you injure as the result of an accident. Liability coverage also covers legal expenses if you are sued as the result of an accident. If damage is caused by hail or an accident, collision and comprehensive coverages will cover the repair costs.

The benefits of buying enough insurance are without a doubt worth the cost, especially if you ever need it. According to a survey of 1,000 drivers, the average driver is wasting up to $830 a year so it’s important to compare rates at least once a year to ensure rates are competitive.

Car insurance discounts are available to get cheap rates

Car insurance is neither fun to buy or cheap, but discounts can save money and there are some available that can dramatically reduce your bill. Some of these discounts will be visible when you quote, but less common discounts must be specifically requested before you get the savings.

• Distant College Student Discount – Children who live away from home at college and do not take a car to college could get you a discount.
• Anti-lock Brake Discount – Cars with ABS and/or traction control are safer to drive and will save you 10% or more on Explorer insurance in Oklahoma City.
• Membership in Organizations – Belonging to certain professional organizations may earn a discount on your policy.
• Driving Data Discount – Insureds who allow driving data submission to study where and when they drive by using a small device installed in their vehicle such as Progressive’s Snapshot could save a few bucks if their driving habits are good.
• Federal Government Employee – Federal government employees can save as much as 8% depending on your company.
• Passenger Safety Discount – Factory options such as air bags and/or automatic seat belt systems could see savings up to 30%.
• Drive Safe and Save – Insureds without accidents can save up to 40% or more on their Oklahoma City auto insurance quote compared to accident prone drivers.
• Driver Training Discounts – Taking time to complete a course teaching driver safety skills could earn you a small percentage discount and make you a better driver.
• Seat Belts Save – Drivers who always wear seat belts and also require passengers to buckle their seat belts can save 10% or more off PIP or medical payments premium.
• Multi-car Discount – Having more than one vehicle on the same car insurance policy can get a discount for every vehicle.

As a disclaimer on discounts, some of the credits will not apply to the entire cost. The majority will only reduce specific coverage prices like liability, collision or medical payments. So even though it sounds like you can get free auto insurance, nobody gets a free ride.

The information below compares Ford Explorer yearly insurance costs with and without discounts being applied to the rates. The premiums assume a male driver, no claims or violations, Oklahoma state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, multi-car, claim-free, homeowner, marriage, and safe-driver discounts applied.

The best car insurance companies and a summarized list of policyholder discounts are detailed below.

• GEICO offers discounts including emergency military deployment, seat belt use, air bags, anti-lock brakes, good student, anti-theft, and defensive driver.
• MetLife may offer discounts for defensive driver, claim-free, accident-free, good student, multi-policy, and good driver.
• Progressive discounts include homeowner, multi-vehicle, online signing, continuous coverage, and multi-policy.
• Travelers may have discounts that include continuous insurance, student away at school, multi-policy, save driver, good student, new car, and multi-car.
• SAFECO has savings for safe driver, multi-car, anti-lock brakes, homeowner, anti-theft, and bundle discounts.
• AAA offers premium reductions for education and occupation, pay-in-full, multi-car, anti-theft, good student, and good driver.

Before you buy a policy, ask each company or agent how you can save money. All car insurance discounts may not apply in Oklahoma City. If you would like to see a list of providers who offer free Ford Explorer insurance quotes in Oklahoma City, click here.

Exclusive versus independent auto insurance agents

Some consumers still like to talk to a local agent and doing so can bring peace of mind The best thing about getting online price quotes is that you can find the lowest rates and still buy from a local agent.

Once you complete this quick form, your insurance data is instantly submitted to participating agents in Oklahoma City that can give you free Oklahoma City auto insurance quotes to get your business. There is no reason to leave your computer since rate quotes are delivered to you directly. Get lower rates and a licensed agent to work with. If you want to get a rate quote from one company in particular, you just need to find their quoting web page and fill out the quote form the provide.

Finding a good insurer is decision based upon more than just the price. Before buying a policy in Oklahoma City, get answers to these questions.

• In the event of vehicle damage, can you pick the collision repair facility?
• Where are claims handled?
• If your car is totaled, how to they determine the replacement cost?
• Does the agent have a valid license to sell insurance in Oklahoma?
• What insurance companies do they work with in Oklahoma City?

If you are searching for a local Oklahoma City insurance agent, it can be helpful to understand the types of agencies from which to choose. Oklahoma City agents may be either independent or exclusive depending on the company they work for.

Exclusive Agents

Exclusive insurance agents can only provide pricing for a single company like AAA, State Farm, Farmers Insurance, and Allstate. Exclusive agents cannot compare other company’s rates so they are skilled at selling on more than just price. Exclusive insurance agents are very knowledgeable on their company’s products which helps offset the inability to provide other markets.

Shown below are exclusive agencies in Oklahoma City that are able to give comparison quotes.

View more agents

Independent Auto Insurance Agencies

Agents in the independent channel are not limited to a single company so as a result can place your coverage through many companies and get you the best rates possible. If they find a cheaper price, your policy is moved internally and you can keep the same agent.

If you are comparing rate quotes, we recommend you contact multiple independent agents to get the most accurate price comparison.

Listed below is a list of independent insurance agencies in Oklahoma City willing to provide rate quotes.

View more agents

You are unique and your auto insurance should be too

When selecting coverage for your vehicles, there is no one-size-fits-all type of policy. Everyone’s situation is a little different.

For example, these questions could help you determine if your situation might need an agent’s assistance.

• Should I buy more coverage than the required Oklahoma minimum liability coverage?
• Are my company tools covered if they get stolen?
• Are split liability limits better than a combined single limit?
• What is high-risk coverage and where do I buy it?
• Does my insurance cover damage caused when ticketed for reckless driving?
• Is business property covered if stolen from my car?
• Am I covered when driving someone else’s vehicle?
• What if a claim settlement is too low?
• How much underlying liability do I need for an umbrella policy?

If you’re not sure about those questions, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form.

Compare but don’t skimp

Cheap Ford Explorer insurance in Oklahoma City is attainable from both online companies in addition to local insurance agencies, so you should compare both to have the best selection. Some companies do not offer internet price quotes and many times these regional insurance providers only sell coverage through independent insurance agents.

Consumers switch companies for any number of reasons including not issuing a premium refund, being labeled a high risk driver, high prices and even policy non-renewal. Regardless of your reason for switching companies, switching companies can be pretty painless.

When buying insurance coverage, don’t be tempted to buy less coverage just to save a little money. In many cases, someone dropped liability coverage limits only to regret that it was a big mistake. Your objective should be to buy enough coverage at a price you can afford and still be able to protect your assets.

To learn more, link through to the resources below:

• Air Bags: Potential Dangers to Your Children (Insurance Information Institute)
• How Much are Car Insurance Rates for Nurses in Oklahoma City? (FAQ)
• Who Has the Cheapest Oklahoma City Auto Insurance for Drivers Requiring a SR22? (FAQ)
• How Much is Car Insurance for a Ford Explorer in Oklahoma City? (FAQ)
• Who Has Cheap Auto Insurance for First-time Drivers in Oklahoma City? (FAQ)
• Comprehensive Coverage (Liberty Mutual)
• Things to Know Before you Cancel Insurance (Allstate)
• New head restraint design cuts injuries (Insurance Institute for Highway Safety)
• Bodily Injury Coverage (Liberty Mutual)