It takes a few minutes, but the best way to save money on Ford Expedition insurance is to begin comparing prices regularly from insurers who sell auto insurance in Indianapolis. Rates can be compared by completing these steps.
- Step 1: Spend a few minutes and learn about car insurance and the factors you can control to prevent rate increases. Many risk factors that result in higher rates like accidents, traffic tickets, and a low credit score can be remedied by making minor changes in your lifestyle.
- Step 2: Quote rates from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only quote rates from one company like GEICO or State Farm, while independent agencies can quote prices from multiple companies.
- Step 3: Compare the new rate quotes to the premium of your current policy and determine if there is any savings. If you find a lower rate, ensure there is no coverage lapse between policies.
A good tip to remember is to make sure you’re comparing the same level of coverage on every price quote and and to compare every company you can. Doing this ensures the most accurate price comparison and maximum price selection.
Unbelievable but true, a large majority of drivers have been with the same company for four years or more, and nearly the majority have never even shopped around for affordable coverage. With the average premium in Indiana being $1,400, drivers could cut their rates by approximately 55% a year by just shopping around, but they don’t understand how simple it is to compare rates.
How do Insurance Providers Determine Ford Expedition Insurance Rates?
When buying car insurance it’s important to understand some of the factors that come into play when calculating car insurance rates. If you have some idea of what controls the rates you pay, this enables you to make decisions that could help you find cheaper rates. Lots of things are part of the calculation when premium rates are determined. Some of the criteria are obvious such as your driving history, but some are more obscure such as your marital status or how financially stable you are.
Shown below are a few of the “ingredients” used by companies to determine rates.
- Liability protection is peace of mind – Liability coverage will provide protection in the event that you are found liable for physical damage or personal injury to other. It will provide legal defense to attempt to prove you were not liable. Liability is cheap when compared with rates for comp and collision, so insureds should have plenty of protection for their assets.
- You might pay higher premiums if you are single – Having a significant other actually saves money compared to being single. Having a spouse is viewed as being more responsible and statistics prove married drivers get in fewer accidents.
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Driver age impacts premiums – Teen drivers in Indiana are statistically shown to be more careless when at the wheel of a vehicle so car insurance rates are higher. Parents adding a inexperienced driver to your policy can increase premiums substantially. Older insureds are shown to be more cautious, tend to cause fewer accidents, and tend to be get fewer driving tickets.
The data below uses these assumptions: single driver, full coverage with $250 deductibles, and no discounts or violations.
- High credit scores save money – A driver’s credit score will be a significant factor in determining premium rates. Consumers who have high credit scores tend to file fewer claims and have better driving records as compared to drivers with worse credit. If your credit rating is not that good, you could pay less to insure your Ford Expedition by spending a little time repairing your credit.
- GPS tracking and theft deterrents reduce prices – Buying a car with a theft deterrent system can earn a premium discount. Anti-theft devices such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all help stop auto theft.
- Adjust deductibles and save – Comprehensive and collision coverage deductibles define how much you are willing to pay if you file a covered claim. Protection for physical damage, aka comp and collision, is used to repair damage to your car. Some instances where coverage would apply could be rear-ending another vehicle, collision with a deer, and having a roll-over accident. The more money you’re willing to pay, the bigger discount you will receive.
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Insurance loss data for Ford Expedition vehicles – Insurers factor in insurance loss information when they set coverage costs for each model. Vehicles that the data determines to have higher loss trends will cost more for specific coverages. The next table illustrates the insurance loss data for Ford Expedition vehicles.
For each policy coverage, the claim amount for all vehicles, regardless of manufacturer or model, is equal to 100. Numbers that are below 100 are indicative of better than average losses, while values that are 100 or greater show a trend for more claims or an increased likelihood of larger losses.
Ford Expedition Insurance Loss Statistics Vehicle 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 BETTERAVERAGEWORSEEmpty fields indicate not enough data collected
Statistics from IIHS.org for 2013-2015 Model Years
The quickest way to compare car insurance company rates for Ford Expedition insurance in Indianapolis is to know the fact auto insurance companies participate in online systems to give free rates quotes. The only thing you need to do is provide details such as if you have an active license, your education level, if you lease or own, and marital status. Those rating factors is submitted instantly to multiple companies and you will receive price estimates instantly to find the best rate.
To compare multiple company lower-cost Ford Expedition insurance rates now, click here and see if a lower rate is available in Indianapolis.
The companies shown below are our best choices to provide free quotes in Indiana. If multiple companies are shown, it’s a good idea that you visit several of them to get the best price comparison.
Ford Expedition detailed coverage information
The rate table displayed below covers detailed analysis of insurance premium costs for Ford Expedition models. Being more informed about how prices are determined can help drivers make decisions when choosing a new policy provider.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Expedition SSV 2WD | $116 | $194 | $270 | $16 | $80 | $676 | $56 |
| Expedition XLT 2WD | $130 | $236 | $270 | $16 | $80 | $732 | $61 |
| Expedition SSV 4WD | $130 | $236 | $270 | $16 | $80 | $732 | $61 |
| Expedition XLT 4WD | $130 | $236 | $270 | $16 | $80 | $732 | $61 |
| Expedition Eddie Bauer 2WD | $130 | $280 | $270 | $16 | $80 | $776 | $65 |
| Expedition Limited 2WD | $130 | $280 | $270 | $16 | $80 | $776 | $65 |
| Expedition Eddie Bauer 4WD | $130 | $280 | $270 | $16 | $80 | $776 | $65 |
| Expedition King Ranch 4WD | $144 | $280 | $270 | $16 | $80 | $790 | $66 |
| Expedition King Ranch 2WD | $144 | $280 | $270 | $16 | $80 | $790 | $66 |
| Expedition Limited 4WD | $144 | $280 | $270 | $16 | $80 | $790 | $66 |
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Price data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Indiana minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, multi-vehicle, and safe-driver. Price estimates do not factor in specific location information which can modify coverage rates substantially.
Physical damage deductibles: Should you raise them?
When comparing auto insurance rates, the most common question is which comprehensive and collision deductibles to buy. The following insurance rates determine the rate differences between high and low physical damage coverage deductibles. The first data table uses a $100 deductible and the second rate chart uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Expedition SSV 2WD | $242 | $358 | $238 | $14 | $72 | $949 | $79 |
| Expedition XLT 2WD | $272 | $436 | $238 | $14 | $72 | $1,057 | $88 |
| Expedition SSV 4WD | $272 | $436 | $238 | $14 | $72 | $1,057 | $88 |
| Expedition XLT 4WD | $272 | $436 | $238 | $14 | $72 | $1,057 | $88 |
| Expedition Eddie Bauer 2WD | $272 | $514 | $238 | $14 | $72 | $1,135 | $95 |
| Expedition Limited 2WD | $272 | $514 | $238 | $14 | $72 | $1,135 | $95 |
| Expedition Eddie Bauer 4WD | $272 | $514 | $238 | $14 | $72 | $1,135 | $95 |
| Expedition King Ranch 4WD | $304 | $514 | $238 | $14 | $72 | $1,167 | $97 |
| Expedition King Ranch 2WD | $304 | $514 | $238 | $14 | $72 | $1,167 | $97 |
| Expedition Limited 4WD | $304 | $514 | $238 | $14 | $72 | $1,167 | $97 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Expedition SSV 2WD | $176 | $242 | $238 | $14 | $72 | $742 | $62 |
| Expedition XLT 2WD | $200 | $294 | $238 | $14 | $72 | $818 | $68 |
| Expedition SSV 4WD | $200 | $294 | $238 | $14 | $72 | $818 | $68 |
| Expedition XLT 4WD | $200 | $294 | $238 | $14 | $72 | $818 | $68 |
| Expedition Eddie Bauer 2WD | $200 | $348 | $238 | $14 | $72 | $872 | $73 |
| Expedition Limited 2WD | $200 | $348 | $238 | $14 | $72 | $872 | $73 |
| Expedition Eddie Bauer 4WD | $200 | $348 | $238 | $14 | $72 | $872 | $73 |
| Expedition King Ranch 4WD | $222 | $348 | $238 | $14 | $72 | $894 | $75 |
| Expedition King Ranch 2WD | $222 | $348 | $238 | $14 | $72 | $894 | $75 |
| Expedition Limited 4WD | $222 | $348 | $238 | $14 | $72 | $894 | $75 |
| Get Your Own Custom Quote Go | |||||||
Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Indiana minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-policy, and multi-vehicle. Rate quotes do not factor in Indianapolis location which can revise rates noticeably.
Based on the figures above, using a $100 deductible could cost the average driver approximately $21 more each month or $252 a year across all Ford Expedition models than choosing the higher $500 deductible. Since you would have to pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you usually have at a minimum 19 months between claim filings, you would probably be better off if you decide on a higher deductible.
The diagram below illustrates how choosing a deductible and can increase or decrease Ford Expedition premium costs for each age group. The premiums assume a married male driver, full coverage, and no discounts are taken into consideration.
Reckless driving habits raise auto insurance rates
The chart below highlights how traffic violations and accident claims can drive up Ford Expedition premium costs for different insured age categories. The premium estimates are based on a married male driver, comprehensive and collision coverage, $500 deductibles, and no discounts are factored in.
Full coverage versus liability-only
The information below shows the difference between Ford Expedition insurance costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The data assumes no claims or driving citations, $250 deductibles, marital status is single, and no discounts are factored in.
When to stop buying full coverage
There is no set rule to delete full coverage, but there is a broad guideline. If the annual cost of coverage is about 10% or more of any settlement you would receive from your insurance company, then you might consider buying liability only.
For example, let’s say your Ford Expedition replacement cost is $7,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, you would only receive $6,000 after the policy deductible has been paid. If you are paying more than $600 a year to have full coverage, then you might want to think about dropping full coverage.
There are a few situations where dropping physical damage coverage is not recommended. If you haven’t satisfied your loan, you have to keep full coverage to protect the lienholder’s interest. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is damaged, you should not buy liability only.
Why you need to buy car insurance
Despite the high cost, insuring your vehicle serves a purpose in several ways.
- Just about all states have compulsory liability insurance requirements which means you are required to carry specific limits of liability insurance coverage in order to drive the car legally. In Indiana these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If your Expedition has a loan, it’s most likely the lender will stipulate that you buy full coverage to ensure loan repayment if the vehicle is totaled. If the policy lapses, the bank will be required to insure your Ford for a lot more money and force you to pay for the expensive policy.
- Car insurance protects your car and your assets. It will also pay for all forms of medical expenses incurred in an accident. One of the most valuable coverages, liability insurance, also pays expenses related to your legal defense if you are named as a defendant in an auto accident. If you receive damage to your vehicle caused by a storm or accident, collision and comprehensive coverages will pay to repair the damage minus the deductible amount.
The benefits of insuring your Expedition are without a doubt worth the cost, especially for larger claims. But the average American driver is wasting up to $700 annually so you should quote rates each time the policy renews to help ensure money is not being wasted.
Lower-cost Ford Expedition insurance in Indianapolis
Companies don’t always list all discounts in an easy-to-find place, so the below list has a few of the more well known and the more hidden discounts you could be receiving when you buy Indianapolis auto insurance online.
- Distant Student Discount – College-age children who are attending college and do not have a car can receive lower rates.
- Seat Belts Save – Drivers who require all occupants to wear their seat belts can save up to 15% off the PIP or medical payment premium.
- Anti-theft System – Cars and trucks equipped with tracking devices and advanced anti-theft systems prevent vehicle theft so companies will give you a small discount.
- Student Driver Training – Cut your cost by having your teen driver enroll in driver’s education in high school.
- Service Members Pay Less – Being on active deployment in the military could be rewarded with lower insurance rates.
- Discount for Low Mileage – Maintaining low annual mileage can qualify you for substantially lower insurance rates.
- Discounts for Responsible Drivers – Drivers who don’t get into accidents can save up to 40% or more on their Indianapolis auto insurance quote than drivers with accident claims.
You can save money using discounts, but most discounts do not apply to the entire cost. Most only reduce specific coverage prices like physical damage coverage or medical payments. Despite the fact that it seems like all the discounts add up to a free policy, you’re out of luck.
The example below shows the comparison of Ford Expedition insurance costs with and without some available policy discounts. The price estimates are based on a female driver, a clean driving record, no at-fault accidents, Indiana 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 claim-free, marriage, multi-car, safe-driver, homeowner, and multi-policy discounts applied.
A few of the larger companies and some of the premium reductions they offer can be found below.
- GEICO has discounts for anti-theft, emergency military deployment, multi-policy, military active duty, multi-vehicle, five-year accident-free, and anti-lock brakes.
- Auto-Owners Insurance offers discounts for good student, paperless, multi-policy, student away at school, and air bags.
- American Family offers premium reductions for air bags, bundled insurance, good student, defensive driver, and mySafetyValet.
- Esurance may offer discounts for online shopper, renters, safety device, anti-theft, claim free, good student, and Pac-12 alumni.
- Progressive includes discounts for multi-policy, online quote discount, continuous coverage, online signing, multi-vehicle, good student, and homeowner.
- State Farm has savings for safe vehicle, anti-theft, driver’s education, passive restraint, multiple autos, and defensive driving training.
- AAA discounts include good student, education and occupation, multi-car, multi-policy, pay-in-full, and AAA membership discount.
Before buying, ask each company the best way to save money. Some discounts might not apply in Indianapolis. If you would like to see a list of insurers that offer many of these discounts in Indianapolis, follow this link.
Local Indianapolis insurance agents
Some people would rather buy from a licensed agent and that can be a smart move The biggest benefit of comparing rates online is that you can find the lowest rates and also buy local. And supporting local insurance agencies is still important in Indianapolis.
Once you complete this simple form, your insurance data is transmitted to insurance agents in Indianapolis that give free quotes for your coverage. There is no need to even leave your home since rate quotes are delivered immediately to you. Get lower rates and a licensed agent to talk to. In the event you want to get a comparison quote for a specific company, don’t hesitate to jump over to their website and submit a quote form there.
If you want a reliable insurance agency, it helps to know the two different types of agencies to choose from. Agencies in Indianapolis can be categorized as either exclusive or independent.
Independent Insurance Agents
Independent insurance agents are normally appointed by many insurers so they can insure your vehicles with any number of different companies and find you cheaper rates. If your agent finds better pricing, the business is moved internally which is easy for the insured. When shopping rates, we recommend you compare prices from a couple of independent agencies so that you have a good selection of quotes to compare.
Shown below is a list of independent insurance agencies in Indianapolis that can possibly get you comparison quotes.
The George Group
5627 S Franklin Rd – Indianapolis, IN 46239 – (317) 862-2200 – View Map
A. I. King Insurance Agency, Inc.
8604 Allisonville Rd #210 – Indianapolis, IN 46250 – (317) 841-6004 – View Map
Steffey Hatoway Insurance
8365 Keystone Crossing #202 – Indianapolis, IN 46240 – (317) 334-3743 – View Map
Exclusive Insurance Agents
Agents in the exclusive channel are contracted to one company and examples are American Family, State Farm, and Allstate. They are unable to provide rate quotes from other companies so it’s a take it or leave it situation. Exclusive agencies are well trained in insurance sales which helps them sell on service rather than price.
The following is a short list of exclusive insurance agencies in Indianapolis willing to provide comparison quotes.
Chris Stringer – State Farm Insurance Agent
4875 W 56th St g – Indianapolis, IN 46254 – (317) 803-2241 – View Map
Frances Johnson – State Farm Insurance Agent
5707 N Michigan Rd – Indianapolis, IN 46228 – (317) 257-3504 – View Map
State Farm: David R Johnson
4770 S Emerson Ave #J, Indianapolis 46203 – 4770 S Emerson Ave #J, IN 46203 – (317) 782-8858 – View Map
Choosing an auto insurance agent requires you to look at more than just a cheap quote. Here are some questions to ask:
- How will an accident affect your rates?
- Are there any extra charges for paying monthly?
- Does the agency provide any after hours assistance?
- How often do they review policy coverages?
- What will you get paid if your car is a total loss? How is that amount determined?
After talking to the agent and getting satisfactory answers to any questions you have and an affordable coverage quote, you may have found an insurance agency that meets the criteria to properly service your insurance policy.
Insurance agents can help
When quoting and choosing proper insurance coverage for your personal vehicles, there is no “perfect” insurance plan. Your needs are unique to you so your insurance should reflect that
For example, these questions could help you determine whether your personal situation will benefit from professional help.
- Why am I required to get a high-risk car insurance policy?
- What can I do if my company denied a claim?
- Do I need to file an SR-22 for a DUI in Indiana?
- What is UM/UIM insurance?
- Do I have coverage if my license is suspended?
- How can I find cheaper teen driver insurance?
If you can’t answer these questions but you know they apply to you, then you may want to think about talking to a licensed agent. If you don’t have a local agent, fill out this quick form or you can also visit this page to select a carrier
Smart shoppers get results
You just learned many ways to find lower-cost Ford Expedition insurance in Indianapolis. The key concept to understand is the more price quotes you have, the better likelihood of getting the cheapest Ford Expedition rate quotes. Drivers may even discover the best price on auto insurance is with a lesser-known regional company. These smaller insurers can often provide lower prices in certain areas compared to the large companies like State Farm, GEICO and Nationwide.
When you buy Indianapolis auto insurance online, make sure you don’t buy lower coverage limits just to save a few bucks. In too many instances, an accident victim reduced liability coverage limits only to regret they didn’t purchase enough coverage. Your strategy should be to buy a smart amount of coverage for the lowest cost while not skimping on critical coverages.
Helpful resources
- Auto Insurance 101 (About.com)
- What Car Insurance is Cheapest for Teachers in Indianapolis? (FAQ)
- Who Has Affordable Auto Insurance for a Toyota Tacoma in Indianapolis? (FAQ)
- How Much are Car Insurance Quotes After a Speeding Ticket in Indianapolis? (FAQ)
- Coverage Information (Progressive Insurance)
- Safety Tips for Teen Drivers (Insurance Information Institute)
- What does Personal Injury Protection (PIP) Cover? (Allstate)
- Understanding Rental Car Insurance (Insurance Information Institute)