Having to pay for pricey Ford Expedition insurance in Bakersfield can bleed your bank account and force you to tighten up your finances.
It’s a known fact that auto insurance companies don’t want customers comparing rates. People who shop around for better prices will probably switch to a new company because they have good chances of finding lower rate quotes. A recent car insurance study discovered that consumers who regularly compared rates saved over $865 a year as compared to drivers who never shopped around for better prices.
If saving money on insurance is your objective, then learning about how to shop for insurance premiums can save money and time.
Steps to buying lower priced Ford Expedition insurance in Bakersfield
It takes a few minutes, but the best way to get the cheapest car insurance rates in Bakersfield is to start doing an annual price comparison from different companies in California. Drivers can shop around by completing these steps.
- Try to learn a little about car insurance and the measures you can control to prevent expensive coverage. Many policy risk factors that increase rates such as at-fault accidents, careless driving, and a low credit rating can be remedied by making minor changes in your lifestyle.
- Compare rates from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only quote rates from one company like Progressive or Allstate, while independent agents can provide price quotes for a wide range of insurance providers. Find a Bakersfield insurance agent
- Compare the new rates to your current policy and see if there is a cheaper rate. If you can save some money, make sure there is no coverage gap between policies.
A tip to remember is to make sure you enter the same liability limits and deductibles on every quote and to quote with all possible companies. This helps ensure a fair rate comparison and many rates to choose from.
Due to the fact that there are so many online and local companies to choose from, it can be impossible to locate the most cost effective insurer.
Consumers need to check car insurance prices quite often because prices trend upward over time. Just because you had the lowest price on Ford Expedition insurance in Bakersfield last year there may be better deals available now. Block out anything you think you know about car insurance because you’re going to get a crash course in the best methods to reduce your cost while increasing coverage.
How to buy Ford Expedition insurance online
Finding cheap auto insurance rates can be relatively painless. You just need to take the time comparing price quotes provided by online insurance companies.
Getting free rate quotes online is quite simple, and it makes it a waste of time to actually drive to all the different Bakersfield insurance agencies. The fact that you can get quotes online eliminates this option unless you have a need for the professional assistance of a licensed agent. Although, it is possible get the lowest quotes online and have a local agent actually service the policy.
The car insurance companies shown below can provide free quotes in California. If multiple providers are shown, we suggest you visit several of them to find the most affordable car insurance rates.
Lower your insurance rates with discounts
Insurance is neither fun to buy or cheap, but you may be missing some discounts that many consumers don’t even know exist. A few discounts will automatically apply at quote time, but some must be asked about before you will receive the discount.
- Discount for Passive Restraints – Vehicles equipped with air bags or motorized seat belts may earn rate discounts up to 30%.
- First Accident Forgiveness – Not necessarily a discount, but a few companies such as GEICO and Allstate may permit one accident before your rates go up if you have no claims for a certain period of time.
- Paper-free Discount – Many larger companies will provide an incentive get Bakersfield auto insurance on their website.
- Buy New and Save – Buying a new car instead of a used Expedition may earn a small discount since new model year vehicles are generally safer.
- Good Grades Discount – Getting good grades can be rewarded with saving of up to 25%. You can use this discount normally up until you turn 25.
- Student in College – Any of your kids who are attending college without a vehicle on campus could get you a discount.
Consumers should know that most of the big mark downs will not be given to the entire policy premium. Most only reduce the price of certain insurance coverages like medical payments or collision. So despite the fact that it appears adding up those discounts means a free policy, companies don’t profit that way.
The chart below illustrates the difference between Ford Expedition insurance costs with and without policy discounts. The premiums assume a male driver, a clean driving record, no claims, California state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, homeowner, marriage, claim-free, multi-policy, and multi-car discounts applied.
If you would like to view insurance companies who offer cheap Ford Expedition insurance quotes in Bakersfield in Bakersfield, follow this link.
Rates and detailed analysis
The information below covers detailed analysis of insurance costs for Ford Expedition models. Being more informed about how auto insurance policy rates are established can be useful when making smart choices when comparing insurance rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Expedition SSV 2WD||$238||$392||$424||$26||$128||$1,208||$101|
|Expedition XLT 2WD||$270||$478||$424||$26||$128||$1,326||$111|
|Expedition SSV 4WD||$270||$478||$424||$26||$128||$1,326||$111|
|Expedition XLT 4WD||$270||$478||$424||$26||$128||$1,326||$111|
|Expedition Eddie Bauer 2WD||$270||$564||$424||$26||$128||$1,412||$118|
|Expedition Limited 2WD||$270||$564||$424||$26||$128||$1,412||$118|
|Expedition Eddie Bauer 4WD||$270||$564||$424||$26||$128||$1,412||$118|
|Expedition King Ranch 4WD||$300||$564||$424||$26||$128||$1,442||$120|
|Expedition King Ranch 2WD||$300||$564||$424||$26||$128||$1,442||$120|
|Expedition Limited 4WD||$300||$564||$424||$26||$128||$1,442||$120|
|Get Your Own Custom Quote Go|
Prices above based on single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, multi-vehicle, and safe-driver. Table data does not factor in garaging location in Bakersfield which can decrease or increase premium rates considerably.
Ford Expedition liability-only versus full coverage
The illustration below illustrates the difference between Ford Expedition auto insurance costs when comparing full coverage to state minimum liability only. The premiums assume no tickets, no at-fault accidents, $500 deductibles, single marital status, and no additional discounts are factored in.
Are you wasting money on full coverage?
There isn’t a written rule to stop paying for full coverage, but there is a guideline you can consider. If the yearly cost of full coverage is more than 10% of any settlement you would receive from your insurance company, then you may want to consider only buying liability coverage.
For example, let’s say your Ford Expedition book value is $6,000 and you have $1,000 policy deductibles. If your vehicle is totaled, the most you would get paid by your company is $5,000 after paying your deductible. If it’s costing in excess of $500 annually for full coverage, then it may be the right time to buy liability only.
There are some conditions where removing full coverage is not in your best interest. If you still owe a portion of the original loan, you have to carry full coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should keep full coverage on your policy.
Lower Your Bakersfield Insurance Prices
Many things are used when pricing auto insurance. Some are obvious like an MVR report, but other factors are more transparent such as whether you are married or your financial responsibility.
Cars with good safety ratings means cheaper insurance – Cars with high safety ratings get lower rates. Highly rated vehicles reduce injuries and reduced instances of injuries means less claims paid passed on to you as lower rates.
Are men or women drivers cheaper? – Over time, data shows that men are more aggressive behind the wheel. That doesn’t necessarily mean that females are better at driving than males. Women and men have at-fault accidents in similar numbers, but the males cause more damage and cost insurance companies more money. Men also get more serious tickets like driving under the influence (DUI). Males from age 16 to 21 generally have the highest accident percentage and are penalized with high auto insurance rates.
The information below shows the difference between Ford Expedition insurance premiums for male and female drivers. The prices are based on no accidents or driving violations, full physical damage coverage, $250 deductibles, drivers are not married, and no discounts are applied to the premium.
Auto insurance rates and your job – Did you know your career choice can influence rates? Occupational choices like lawyers, architects, and dentists tend to pay higher rates than the rest of us due to high stress levels and lots of time spent at work. On the flip side, careers like scientists, athletes and homemakers pay lower than average rates.
Multi-policy discounts can save money – Many insurers provide better rates to people who consolidate policies with them. It’s known as a multi-policy discount. The discount can be anywhere from five to ten percent in most cases. Even if you already get this discount, it’s still a good idea to compare Ford Expedition rates in Bakersfield to confirm you are receiving the best rates possible.
Do you really need the extra coverages? – There are quite a few extra coverages that can waste your money if you aren’t diligent. Insurance for things like rental car coverage, accidental death, and Farm Bureau memberships are some examples. You may think they are a good idea when deciding what coverages you need, but your needs may have changed so consider taking them off your policy.
Insurance rates in urban areas – Living in areas with lower population can be a good thing if you are looking for the lowest rates. Drivers who live in large cities regularly have more traffic problems and more severe claims. Fewer drivers on the road translates into fewer accident claims and also fewer theft and vandalism claims.
Insurance loss statistics a Ford Expedition – Insurance companies use claims history when they set coverage costs for each model. Vehicles that the statistics show to have a higher amount or frequency of claims will have increased rates.
The table below outlines the collected loss data for Ford Expedition vehicles. For each coverage type, the statistical loss for all vehicles averaged together is represented as 100. Percentage numbers below 100 indicate better than average losses, while numbers shown that are more than 100 indicate higher probability of having a loss or a tendency for claims to be larger.
|Specific Ford 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|
Empty fields indicate not enough data collected
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years