Compare Ford Expedition Insurance Quotes in Colorado Springs

How long has it been since you sat down and looked for more affordable Ford Expedition insurance in Colorado Springs? Paying cheaper premium rates for Ford Expedition insurance in Colorado Springs can seem to be a challenge for beginners to comparison shopping online. With dozens of online companies available, it can easily become a difficult situation to locate the lowest premium rates.

Unimaginable but true, the vast majority of drivers have bought auto insurance from the same company for at least the last four years, and virtually 40% of consumers have never compared auto insurance rates at all. American insurance shoppers could save up to $860 a year just by getting comparison quotes, but they just assume it’s a time-consuming process to save money by comparing rate quotes.

It is always a good idea to get comparison quotes yearly because auto insurance prices tend to go up over time. Despite the fact that you may have had the best deal on Ford Expedition insurance in Colorado Springs at your last renewal you can probably find a better rate quote now. Forget anything you know (or think you know) about auto insurance because you’re going to get a crash course in how to use the internet to find better rates and still maintain coverage.

If you have a current car insurance policy, you will definitely be able to shop for the lowest rates using these tips. These tips will let you in on how to compare rates easily and also pocket some savings But Colorado consumers do need to know how insurance companies market on the web and use this information to your advantage.

Keep in mind that comparing a large number of companies will increase your chances of finding a better price.

The companies in the list below have been selected to offer free quotes in Colorado Springs, CO. In order to find cheaper car insurance in CO, it’s highly recommended you compare several of them to get the best price comparison.

Verify you’re getting every discount

Companies offering auto insurance do not list every discount they offer in an easy-to-find place, so the list below details some of the best known and also the lesser-known credits available to you.

• Anti-theft System – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and will qualify for a discount on a Colorado Springs car insurance quote.
• Buy New and Save – Buying a new car instead of a used Expedition may earn a small discount since newer vehicles have better safety ratings.
• Low Mileage – Low annual miles can earn slightly better premium rates than normal.
• Smart Student Discounts – Being a good student can be rewarded with saving of up to 25%. Earning this discount can benefit you well after school through age 25.
• Air Bags and Passive Restraints – Options like air bags or automatic seat belts can get savings of up to 25% or more.
• Pay Now and Pay Less – By paying your policy upfront instead of monthly or quarterly installments you can avoid monthly service charges.
• Discount for Swiching Early – Some auto insurance companies provide a discount for buying a policy prior to the expiration date on your current Expedition insurance policy. It can save you around 10%.
• Claim-Free Discount – Colorado Springs drivers who stay claim-free have much lower rates compared to policyholders that have many claims.
• Drive Safe and Save – Safe drivers can pay as much as 50% less than less cautious drivers.
• Federal Employees – Simply working for the federal government may qualify for a discount when you quote Colorado Springs car insurance with a few auto insurance companies.

A little disclaimer on discounts, most credits do not apply to the overall cost of the policy. Most only apply to individual premiums such as comp or med pay. So even though you would think you can get free auto insurance, insurance companies wouldn’t stay in business.

The chart below shows the comparison of Ford Expedition insurance costs with and without discounts being applied to the rates. The premium estimates are based on a male driver, no violations or claims, Colorado 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-car, safe-driver, multi-policy, claim-free, marriage, and homeowner discounts applied.

Insurance companies that may offer policyholders some of the discounts shown above include:

• Farm Bureau
• MetLife
• Progressive
• AAA
• American Family
• GEICO
• State Farm

When getting a coverage quote, ask each company what discounts are available to you. Some of the earlier mentioned discounts might not be available to policyholders in Colorado Springs. If you would like to see a list of insurers that offer discounts in Colorado Springs, click here to view.

Insurance rate breakdown

The premium information below showcases estimates of insurance coverage prices for Ford Expedition models. Having a better understanding of how insurance prices are calculated can help you make decisions on which insurance to purchase.

Data based on married female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Colorado minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, safe-driver, and multi-vehicle. Prices do not factor in specific location information which can modify coverage rates greatly.

Can higher deductibles save money?

One of the more difficult decisions when buying auto insurance is what deductibles to buy. The rates shown below may help you to understand how much more rates are of buying low and high physical damage deductibles. The first rate estimation uses a $100 physical damage deductible and the second pricing table uses a $1,000 deductible.

Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, safe-driver, and claim-free. Price estimates do not factor in zip code location which can raise or lower coverage prices significantly.

Based on these figures, using a $100 deductible will cost you about $39 more each month or $468 every year than opting for the higher $1,000 deductible. Since you would have to pay $900 more if you file a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to go at a minimum 23 months between claim filings, you would more than likely save some money by going with a higher deductible. Here is an example of how you can make this decision for your own policy.

One thing to be aware of is that a higher deductible means you pay more out-of-pocket when you have to file a claim. You must have enough money in the bank in the event you have to pay the higher deductible in order to repair your vehicle.

Should you buy full coverage?

The example below shows the comparison of Ford Expedition insurance rates with liability coverage only compared to full coverage. The costs are based on no violations or claims, $500 deductibles, drivers are not married, and no discounts are applied to the premium.

Should you pay for full coverage or liability only?

There isn’t a written rule of when to drop comp and collision coverage, but there is a general guideline you can use. If the annual cost of coverage is more than about 10% of the vehicle’s replacement cost less your deductible, then it’s probably a good time to buy liability coverage only.

For example, let’s assume your Ford Expedition claim settlement value is $8,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most your company would pay you is $7,000 after paying the physical damage deductible. If premium cost is more than $700 a year for physical damage coverage, then you may need to consider dropping full coverage.

There are some circumstances where only buying liability is not advised. If you still owe a portion of the original loan, you have to keep full coverage in order to keep the loan. Also, if you cannot afford to purchase a different vehicle in the even your car is totaled, you should not buy liability only.

Get rate quotes but buy from a neighborhood Colorado Springs auto insurance agent

Certain consumers prefer to buy from a local agent and there is nothing wrong with that. One of the best bonuses of price shopping on the web is you may find the lowest rates and also buy local.

To help locate an agent, after submitting this simple form, your insurance coverage information is emailed to local insurance agents who will give you bids for your insurance coverage. You won’t even need to find an agent on your own as quotes are delivered to the email address you provide. Get lower rates without requiring a lot of work. If you want to get a price quote for a specific company, feel free to go to their quote page and complete a quote there.

Selecting a provider should include more criteria than just a cheap price. These questions are important to ask:

• What insurance companies do they work with in Colorado Springs?
• What company do they have the most business with?
• Will they take your side in the event of a claim?
• Do you have coverage for a rental car if your vehicle is in the repair shop?
• Are aftermarket or OEM parts used to repair vehicles?

Below are agents in Colorado Springs who can help you get comparison quotes for Ford Expedition insurance in Colorado Springs.

• Austin Morgan – State Farm Insurance Agent
  2606 Palmer Park Blvd – Colorado Springs, CO 80909 – (719) 630-1800 – View Map
• Spencer Galloway – State Farm Insurance Agent
  3918 Academy Blvd N – Colorado Springs, CO 80917 – (719) 632-3700 – View Map
• Springs Insurance Brokers
  1837 Austin Bluffs Pkwy #101 – Colorado Springs, CO 80918 – (719) 268-1300 – View Map
• State Farm: Dan Lewis
  1867 S Academy Blvd – Colorado Springs, CO 80916 – (719) 434-3944 – View Map

More Colorado Springs agents

After getting good feedback to any questions you have and a good coverage price, it’s possible that you found a company that meets the requirements to adequately provide auto insurance.

Car insurance is unique, just like you

When choosing a policy for your vehicles, there really isn’t a one size fits all plan. Everyone’s situation is a little different and your car insurance should be unique as well.
For example, these questions could help you determine if you could use an agent’s help.

• Should I get collision insurance on every vehicle?
• Is coverage enough to protect my assets?
• How do I buy GAP insurance?
• Can I get a multi-policy discount?
• Will my insurance pay for OEM parts?
• Is my vehicle covered by my employer’s policy when using it for work?
• Is rental equipment covered for theft or damage?
• Am I covered while delivering pizza?

If you’re not sure about those questions but you know they apply to you, you might consider talking to a licensed agent. If you want to speak to an agent in your area, complete this form or you can also visit this page to select a carrier

Why Informed Consumers Pay Less for Ford Expedition Insurance

Many things are part of the calculation when pricing auto insurance. Some are pretty understandable like an MVR report, but some are more obscure like where you live or how financially stable you are.

The following are most of the major factors used by insurance companies to determine your prices.

• Safety ratings are a factor – Cars with five star safety ratings tend to be cheaper to insure. Safe vehicles reduce occupant injuries and fewer injuries means lower claim amounts and lower rates for you. If your Ford Expedition scored at minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org you are probably receiving a discount.
• Do you have enough liability coverage? – Your insurance policy’s liability coverage will provide protection if you are found liable for damages from an accident. Liability provides legal defense to defend your case. Carrying liability coverage is mandatory and cheap when compared with rates for comp and collision, so drivers should carry high limits.
• Marriage is a factor – Being married helps lower the price on insurance. Marriage may mean you are more financially stable and it’s proven that married couples file fewer claims.
• Lower coverage deductibles cost more – Comp and collision deductibles state the amount of money you are willing to pay before your insurance pays a claim. Physical damage coverage, also called ‘full coverage’, is used to repair damage to your car. Examples of covered claims are colliding with a stationary object, vandalism, and having a roll-over accident. The more damage repair cost you choose to pay out-of-pocket, the lower your rates will be.
• Pay more if you have a long commute – Living in less populated areas of the country can save you money when talking about insurance. Fewer drivers on the road translates into fewer accident claims. Drivers in populated Colorado areas regularly have traffic congestion and a longer drive to work. Spending more time driving means higher likelihood of an accident.

• Poor driving habits means higher prices – Careful drivers get better prices than bad drivers. Even one ticket can increase rates by as much as twenty percent. Drivers unfortunate enough to have severe tickets such as DUI or reckless driving may find that they have to to submit a SR-22 form with the DMV in their state in order to legally drive.

  The diagram below illustrates how speeding tickets and fender-benders can raise Ford Expedition insurance costs for each different age group. The costs are based on a married female driver, full physical damage coverage, $500 deductibles, and no discounts are applied to the premium.

• A car insurance policy lapse is a bad thing – Having a gap between insurance policy dates can be a quick way to pay more for insurance. Not only will you pay higher rates, the inability to provide proof of insurance could earn you fines and jail time. You may have to provide proof of insurance in the form of an SR-22 filing with the Colorado motor vehicle department to get your license reinstated.

• Which gender costs less? – Statistics have proven females are less aggressive when driving. It does not mean women are better drivers. Both genders get in at-fault accidents at about the same rate, but men tend to have higher claims. Men also statistically get ticketed for serious violations like DWI (DUI) or reckless driving.

  The diagram below compares Ford Expedition car insurance rates for male and female drivers. The premium estimates are based on no claims, a clean driving record, full physical damage coverage, $500 deductibles, marital status is single, and no discounts are taken into consideration.

• Insurance losses for a Ford Expedition – Insurers use statistical claims data when they file their rates in each state. Vehicles that the data shows to have higher claim amounts or frequency will cost more for coverage. The information below illustrates the insurance loss data used by companies for Ford Expedition vehicles.

  For each type of coverage, the loss probability for all vehicles, regardless of make, model or trim level, is considered to be 100. Numbers that are below 100 represent a good loss history, while percentage numbers above 100 point to more frequent losses or an increased chance of a larger loss.

  
  

  Ford Expedition Insurance Loss Statistics

  Vehicle Make and 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
  Statistics from IIHS.org for 2013-2015 Model Years

Car insurance does more than just protect your car

Even though it’s not necessarily cheap to insure a Ford in Colorado Springs, car insurance is required in Colorado but it also protects you in many ways.

• Just about all states have minimum liability requirements which means you are required to carry a specific minimum amount of liability protection in order to license the vehicle. In Colorado these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
• If you have a lien on your Ford Expedition, almost every bank will have a requirement that you have full coverage to ensure the loan is repaid in case of a total loss. If you let the policy lapse, the lender will be forced to insure your Ford for a much higher rate and make you pay the higher price.
• Insurance safeguards not only your vehicle but also your financial assets. It will also pay for all forms of medical expenses for not only you but also any passengers injured in an accident. One of the most valuable coverages, liability insurance, also covers legal expenses if you are named as a defendant in an auto accident. If damage is caused by hail or an accident, collision and comprehensive (also known as other-than-collision) coverage will pay to repair the damage.

The benefits of carrying enough insurance are without a doubt worth the cost, especially with large liability claims. The average driver in America is overpaying over $825 a year so smart consumers compare quotes every year to make sure the price is not too high.

More effort can pay off

We’ve covered a lot of ways to save on Ford Expedition insurance in Colorado Springs. The key concept to understand is the more providers you compare, the more likely it is that you will get a better rate. Consumers may even find the most savings is with a company that doesn’t do a lot of advertising. Smaller companies often have lower car insurance rates on specific markets than the large multi-state companies such as State Farm and Allstate.

Budget-conscious Ford Expedition insurance is possible on the web as well as from independent agents in Colorado Springs, so you need to quote Colorado Springs car insurance with both in order to have the best price selection to choose from. Some companies do not offer online quoting and these smaller companies prefer to sell through local independent agencies.

How to find cheaper rates for Ford Expedition insurance in Colorado Springs

If you want to find the absolute lowest rates, then the best way to get low-cost auto insurance rates in Colorado Springs is to regularly compare price quotes from insurance carriers who can sell car insurance in Colorado. Price quotes can be compared by following these steps.

• First, try to learn a little about car insurance and the things you can change to prevent high rates. Many factors that result in higher rates such as getting speeding tickets and a not-so-good credit rating can be controlled by making minor changes in your lifestyle.
• Second, quote rates from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can only give prices from a single company like Progressive or Allstate, while agents who are independent can quote prices from multiple companies. View prices
• Third, compare the new quotes to the premium of your current policy and determine if cheaper Expedition coverage is available in Colorado Springs. If you find better rates and decide to switch, ensure there is no coverage lapse between policies.
• Fourth, tell your current company to cancel your current auto insurance policy. Submit the required down payment along with the signed application to the new insurer. As soon as coverage is bound, keep your new certificate of insurance in your vehicle.

One key aspect when comparing rates is to compare similar limits and deductibles on each price quote and and to look at every insurance company. Doing this enables a fair rate comparison and and a good selection of different prices.

More learning opportunities

• Teen Driving Statistics (iihs.org)
• What Insurance is Cheapest for a Toyota Corolla in Colorado Springs? (FAQ)
• Who Has Cheap Colorado Springs Auto Insurance for Welfare Recipients? (FAQ)
• What Auto Insurance is Cheapest for Good Students in Colorado Springs? (FAQ)
• What Insurance is Cheapest for a Nissan Rogue in Colorado Springs? (FAQ)
• What is Full Coverage? (Allstate)
• What is Covered by GAP Insurance? (Allstate)
• Side airbags reduce rollover fatalities (Insurance Institute for Highway Safety)
• Event Data Recorders FAQ (iihs.org)