Average Insurance Cost For Ford Explorer

What is Ford Explorer?

The Ford Explorer is a popular full-size crossover SUV that was first introduced in 1991 as a body-on-frame SUV, and later redesigned as a unibody SUV in 1995. It is the second-most popular SUV in the United States, only behind the Chevrolet Suburban. It is available in two- or four-wheel drive, with engines ranging from a 3.5L V6 to a 3.5L EcoBoost V6. It is also available in seven trim levels, each offering different levels of features and amenities.

Average Insurance Cost For Ford Explorer

When it comes to insuring your Ford Explorer, the cost of insurance can vary significantly depending on several factors, such as the model year, trim level, type of coverage, and the driver's driving record. Generally speaking, the average cost of insurance for the Ford Explorer ranges from $1,200 to $2,500 per year. This cost can vary depending on the model year, trim level, type of coverage, and the driver's driving record.

Factors That Affect Insurance Cost

Some of the factors that can affect the cost of insurance for the Ford Explorer include the type of coverage, the model year, the trim level, and the driver's driving record. For instance, if the driver has a poor driving record, the cost of insurance will be higher. Additionally, the type of coverage chosen can also affect the cost of insurance.

The model year of the Ford Explorer can also affect the cost of insurance. Generally, newer model years will cost more to insure than older model years. Additionally, higher trim levels will cost more to insure than lower trim levels. Finally, if the Ford Explorer is used for business purposes, the cost of insurance can be higher.

How to Save on Insurance

There are several ways to save on the cost of insurance for a Ford Explorer. One way is to choose a higher deductible, which will reduce the monthly premium but will require the driver to pay more out of pocket in the event of an accident. Additionally, drivers can take advantage of discounts for being a safe driver, for having multiple policies with the same company, or for being a member of certain organizations. Finally, drivers can also opt for a lower coverage level, which will reduce the cost of insurance.

In addition to the aforementioned discounts, drivers can also save on the cost of insurance by comparing rates from different insurance companies. Many companies offer discounts for switching, so drivers should shop around to find the best deal. Additionally, drivers should look for discounts for low mileage or for having certain safety features installed in the Ford Explorer.

Conclusion

The cost of insurance for a Ford Explorer can vary significantly depending on several factors, such as the model year, trim level, type of coverage, and the driver's driving record. Generally speaking, the average cost of insurance for the Ford Explorer ranges from $1,200 to $2,500 per year. However, there are several ways to save on the cost of insurance, such as taking advantage of discounts, choosing a higher deductible, or opting for a lower coverage level. Additionally, drivers can also save on the cost of insurance by comparing rates from different insurance companies.