Save Money on Ford Explorer Insurance in Nashville

How long has it been since you compared quotes for the cheapest Ford Explorer insurance in Nashville? Feel like you have an under-performing, overpriced auto insurance policy? Don’t feel bad because you’re not alone.

Surprisingly, a recent survey revealed that the vast majority of auto insurance customers renewed their policy with the same company for over three years, and nearly 40% of drivers have never compared quotes from other companies. Many consumers in Tennessee could save as much as 35% a year just by shopping around, but most just don’t grasp the amount of money they would save if they bought a different policy.

Drivers have so many car insurance companies to insure vehicles with, and although it’s nice to have multiple companies, more options can take longer to get the best deal for Ford Explorer insurance in Nashville.

You need to check auto insurance prices periodically since insurance prices are usually higher with each renewal. Just because you found the best price on Ford Explorer insurance in Nashville at your last renewal you will most likely find a better rate quote today. Block out anything you think you know about auto insurance because we’re going to show you the fastest and easiest way to find lower rates on auto insurance.

Compare Nashville Ford Explorer insurance price quotes online

Most larger insurance companies such as Allstate, GEICO and Progressive give insurance quotes online. Doing online price comparisons for Ford Explorer insurance in Nashville is possible for anyone because you just enter your coverage information as requested by the quote form. When complete, their system automatically retrieves information on your driving record and credit history and returns pricing information. The ability to get online rate quotes for Ford Explorer insurance in Nashville helps simplify price comparisons, and it is important to perform this step in order to find a better rate.

To compare rates now, consider comparing rates from the companies shown below. If you have a policy now, it’s recommended you type in the coverage information exactly as shown on your declarations page. Using the same limits helps guarantee you will have a rate comparison using the exact same coverages.

The following companies are ready to provide price comparisons in Nashville, TN. If you wish to find the best car insurance in TN, we recommend you get prices from several of them to get a more complete price comparison.

Cheap Nashville insurance rates with discounts

Companies offering auto insurance don’t always advertise the complete list of policy discounts very well, so the following is a list of some of the more common and also the lesser-known discounts you could be receiving when you buy Nashville auto insurance online.

• Professional Memberships – Belonging to qualifying clubs or civic groups could earn you a nice discount on your bill.
• E-sign Discounts – Some of the larger companies will give you a small discount for buying your policy over the internet.
• Low Mileage Discounts – Driving fewer miles can qualify you for cheaper premium rates.
• Life Insurance – If the company offers life insurance, you could get a discounted price on car insurance if you buy life insurance.
• Senior Citizen Rates – Drivers that qualify as senior citizens may be able to get better insurance rates.
• Passive Restraints and Air Bags – Cars that have air bags and/or automatic seat belt systems may qualify for discounts of more than 20%.

Drivers should understand that most of the big mark downs will not be given to the whole policy. Some only apply to the cost of specific coverages such as comprehensive or collision. So when it seems like it’s possible to get free car insurance, nobody gets a free ride.

The chart below compares Ford Explorer premium costs with and without discounts applied to the policy premium. The data assumes a male driver, a clean driving record, no claims, Tennessee state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, safe-driver, multi-car, multi-policy, homeowner, and marriage discounts applied.

A list of companies and the discounts they provide are detailed below.

• GEICO offers discounts for military active duty, anti-lock brakes, seat belt use, driver training, daytime running lights, and multi-vehicle.
• MetLife has savings for good student, accident-free, defensive driver, good driver, multi-policy, and claim-free.
• State Farm offers premium reductions for safe vehicle, multiple policy, student away at school, Steer Clear safe driver discount, good student, and driver’s education.
• Progressive includes discounts for online signing, multi-vehicle, homeowner, online quote discount, multi-policy, good student, and continuous coverage.
• Mercury Insurance discounts include accident-free, ease of repair, annual mileage, type of vehicle, and low natural disaster claims.
• 21st Century may include discounts for student driver, anti-lock brakes, automatic seat belts, defensive driver, and 55 and older.
• Allstate offers discounts including good payer, multi-policy, teenSMART discount, resident student, early signing, anti-theft, and FullPay discount.

Double check with all the companies which credits you are entitled to. Discounts might not apply in Nashville. To locate insurance companies who offer cheap Ford Explorer insurance quotes in Nashville, click here to view.

Coverage statistics and figures

The table below highlights estimates of insurance coverage prices for Ford Explorer models. Being more informed about how insurance premiums are determined is important for making smart choices when comparing insurance rates.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Tennessee minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, multi-policy, and claim-free. Rate quotes do not factor in vehicle location which can revise coverage prices significantly.

Policy deductibles

When buying auto insurance, a common question is what deductibles to buy. The premium rates below illustrate the premium difference between low and high physical damage deductibles. The first set of prices uses a $250 deductible and the second rate chart uses a $1,000 deductible.

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Tennessee minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, safe-driver, and multi-policy. Rates do not factor in the specific area where the vehicle is garaged which can lower or raise price quotes significantly.

Based on this data, using a $250 deductible could cost the average driver approximately $20 more each month or $240 every year averaged for all Explorer models than choosing the higher $1,000 deductible. Because you would pay $750 more if you file a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to go at a minimum 38 months between claim filings, you would probably come out ahead if you choose a higher deductible.

One thing to be aware of is that raising deductibles to get cheaper rates means you will have to pay more out-of-pocket when you have a claim. You need to make sure you have some money saved in the event you need to pay the deductible to have repairs made.

The information below highlights how deductible choice and can affect Ford Explorer yearly insurance costs for different age groups of insureds. The rate quotes are based on a single female driver, full physical damage coverage, and no other discounts are factored in.

How accidents and tickets impact rates

The diagram below illustrates how speeding tickets and at-fault fender-benders drive up Ford Explorer car insurance costs for different age groups. The premium estimates are based on a married female driver, full physical damage coverage, $1,000 deductibles, and no discounts are factored in.

Liability only or full coverage

The information below shows the comparison of Ford Explorer yearly insurance costs with full physical damage coverage and with liability coverage only. The premium estimates are based on no claims or violations, $100 deductibles, single status, and no policy discounts are applied.

When to stop buying physical damage coverage

There is no clear-cut rule that works best for making the decision to drop physical damage coverage, but there is a general guideline you can use. If the annual cost of coverage is 10% or more of the settlement you would receive from your company, then you might consider buying liability only.

For example, let’s pretend your Ford Explorer book value is $8,000 and you have $1,000 policy deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $7,000 after paying the physical damage deductible. If you are paying in excess of $700 annually for full coverage, then you might want to consider buying only liability coverage.

There are some scenarios where only buying liability is not recommended. If you haven’t satisfied your loan, you have to maintain full coverage in order to keep the loan. Also, if you cannot afford to purchase a different vehicle in the event your current vehicle is totaled, you should not opt for liability only.

Exclusive or independent auto insurance agents

Many people still prefer to get professional advice from a licensed agent and that is recommended in a lot of cases One of the great benefits of comparing rates online is you may find the best rates but also keep your business local. And providing support for neighborhood insurance agencies is important especially in Nashville.

To find an agent, once you fill out this short form, your coverage information is submitted to local insurance agents who will give competitive quotes and help you find cheaper coverage. You never need to contact an agency as quotes are delivered to you directly. You can most likely find cheaper rates without the usual hassles of price shopping. If you want to get a rate quote for a specific company, you just need to visit that company’s website and fill out the quote form the provide.

The following is a list of insurers in Nashville that can give you price quotes for Ford Explorer insurance in Nashville.

More insurance agents

Selecting a company is decision based upon more than just a cheap price quote. You should also get answers to these questions.

• Are you getting all the discounts the company offers?
• Is the agent and/or agency licensed to do business in Tennessee?
• How long have they worked with personal auto insurance coverage?
• Does the agent help file claims?
• How will an accident affect your rates?
• Does the agency support the community they serve?

Once you have good responses to any questions you have as well as a price you’re happy with, you may have found an provider that is reputable and can service your policy.

How to find a good Nashville car insurance company

Buying coverage from the right insurer can be a challenge considering how many companies there are to choose from in Tennessee. The ranking information listed below may help you choose which insurers you want to consider when shopping around.

The coverage is in the details

Knowing the specifics of a car insurance policy helps when choosing appropriate coverage and proper limits and deductibles. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording. Shown next are the usual coverages found on the average car insurance policy.

Uninsured and underinsured coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries and also any damage incurred to your Ford Explorer.

Due to the fact that many Tennessee drivers only purchase the least amount of liability that is required (Tennessee limits are 25/50/15), it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Most of the time these limits are similar to your liability insurance amounts.

Comprehensive coverages – This coverage pays for damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things such as a tree branch falling on your vehicle, theft, falling objects, damage from getting keyed and fire damage. The maximum payout your car insurance company will pay is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Liability insurance – Liability insurance provides protection from damage or injury you incur to people or other property in an accident. It protects you against claims from other people, and doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 25/50/15 which means a limit of $25,000 per injured person, $50,000 for the entire accident, and a limit of $15,000 paid for damaged property. Occasionally you may see a combined limit that pays claims from the same limit without having the split limit caps.

Liability can pay for claims such as attorney fees, funeral expenses and pain and suffering. How much liability coverage do you need? That is a personal decision, but buy as high a limit as you can afford. Tennessee requires drivers to carry at least 25/50/15 but drivers should carry more coverage.

The chart below shows why minimum state limits may not be enough.

Collision coverage – This pays to fix your vehicle from damage resulting from colliding with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.

Collision can pay for things like sideswiping another vehicle, crashing into a building, colliding with another moving vehicle, hitting a parking meter and colliding with a tree. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. You can also increase the deductible on your Explorer to get cheaper collision coverage.

Coverage for medical payments – Coverage for medical payments and/or PIP pay for immediate expenses for things like surgery, chiropractic care, funeral costs, EMT expenses and dental work. They are used in conjunction with a health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

You can find cheaper coverage

When you buy Nashville auto insurance online, don’t be tempted to reduce coverage to reduce premium. In too many instances, an insured cut physical damage coverage and learned later that the few dollars in savings costed them thousands. The ultimate goal is to buy enough coverage at the lowest possible cost while still protecting your assets.

We covered many ways to get a better price on Ford Explorer insurance in Nashville. The most important thing to understand is the more you quote Nashville auto insurance, the higher the chance of saving money. Drivers may even discover the best auto insurance rates are with a smaller regional carrier. Regional companies may cover specific market segments cheaper as compared to the big name companies such as Allstate or State Farm.

Steps to finding lower priced Ford Explorer insurance in Nashville

If you want to save money, the best way to find the cheapest price for auto insurance rates in Nashville is to regularly compare quotes from companies in Tennessee.

1. Get an understanding of what is in your policy and the measures you can take to drop your rates. Many risk factors that result in higher rates like high-risk driving behaviors and a substandard credit history can be remedied by making minor changes in your lifestyle.
2. Request price quotes from direct, independent, and exclusive agents. Direct and exclusive agents can only give rate quotes from a single company like GEICO or State Farm, while agents who are independent can provide rate quotes for many different companies. View rates
3. Compare the new rate quotes to your existing rates to see if a cheaper price is available. If you can save money and buy the policy, make sure there is no lapse in coverage.
4. Provide adequate notice to your current company of your intent to cancel the current policy. Submit a signed application and payment to the new insurer. When you receive it, store the certificate of insurance in your glove compartment.

A good tip to remember is that you’ll want to make sure you compare identical coverages on every quote and to quote with as many car insurance companies as possible. This enables a fair rate comparison and a better comparison of the market.

Much more information about car insurance in Tennessee can be read below:

• Comprehensive Coverage (Liberty Mutual)
• Who Has Affordable Auto Insurance for Immigrants in Nashville? (FAQ)
• Driving in Bad Weather (Insurance Information Institute)
• Older Driver Statistics (Insurance Information Institute)