Unfortunately, over 70% of drivers have remained with the same insurance company for a minimum of four years, and practically 40% of insurance customers have never compared rate quotes at all. California insurance shoppers could save as much as $470 every year, but they won’t spend time to compare rate quotes.
If you want to save the most money, the best way to get cheaper auto insurance rates is to start comparing prices regularly from insurers who provide auto insurance in San Francisco. You can shop around by following these steps.
Step 1: Try to learn a little about how your policy works and the changes you can make to prevent expensive coverage. Many things that cause high rates like traffic violations, accidents, and a substandard credit score can be improved by paying attention to minor details. This article gives information to get cheaper coverage and earn larger discounts.
Step 2: Compare rates from direct, independent, and exclusive agents. Exclusive and direct companies can only provide price estimates from a single company like GEICO or State Farm, while independent agents can provide rate quotes from multiple insurance companies. Start a quote
Step 3: Compare the new rates to the premium of your current policy to determine if switching companies saves money. If you find a lower rate quote, make sure there is no lapse in coverage.
Step 4: Tell your current agent or company of your decision to cancel your current auto insurance policy and submit the application along with any required down payment to your new company or agent. When you receive it, keep your new certificate of insurance with your vehicle’s registration.
An important bit of advice to remember is to try to use the same coverage limits and deductibles on every quote request and and to get price estimates from all possible companies. This provides an accurate price comparison and plenty of rates choose from.
Getting a cheap price on Ford Expedition insurance is a fairly straight forward process. The only requirement is to invest a little time comparing price quotes from different insurance companies.
The companies shown below offer free rate quotes in San Francisco, CA. If the list has multiple companies, we recommend you click on several of them to find the most affordable car insurance rates.
Ford Expedition insurance rates and statistics
The coverage table shown next highlights different insurance policy prices for Ford Expedition models. Knowing how rates are established is important for drivers to make decisions on the best policy to buy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Expedition SSV 2WD||$262||$392||$354||$20||$106||$1,134||$95|
|Expedition XLT 2WD||$296||$478||$354||$20||$106||$1,254||$105|
|Expedition SSV 4WD||$296||$478||$354||$20||$106||$1,254||$105|
|Expedition XLT 4WD||$296||$478||$354||$20||$106||$1,254||$105|
|Expedition Eddie Bauer 2WD||$296||$562||$354||$20||$106||$1,338||$112|
|Expedition Limited 2WD||$296||$562||$354||$20||$106||$1,338||$112|
|Expedition Eddie Bauer 4WD||$296||$562||$354||$20||$106||$1,338||$112|
|Expedition King Ranch 4WD||$330||$562||$354||$20||$106||$1,372||$114|
|Expedition King Ranch 2WD||$330||$562||$354||$20||$106||$1,372||$114|
|Expedition Limited 4WD||$330||$562||$354||$20||$106||$1,372||$114|
|Get Your Own Custom Quote Go|
Table data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and California minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, multi-policy, and claim-free. Information does not factor in zip code location which can impact rates noticeably.
Impact of violations and accidents on rates in San Francisco
The diagram below shows how traffic citations and at-fault accidents can affect Ford Expedition car insurance costs for different age categories. The premiums assume a married male driver, full physical damage coverage, $100 deductibles, and no discounts are taken into consideration.
Ford Expedition annual premiums for males versus females
The diagram below visualizes the comparison of Ford Expedition insurance costs for male and female drivers. Data assumes a clean driving record, no at-fault accidents, comprehensive and collision coverage, $250 deductibles, single status, and no discounts are taken into consideration.
Full coverage versus liability-only in San Francisco
The information below shows the difference between Ford Expedition insurance costs with and without physical damage coverage. The prices are based on no accidents, no driving violations, $1,000 deductibles, single status, and no policy discounts are applied.
Are you wasting money paying for full coverage?
There is no specific rule for dropping comprehensive and collision coverage on your policy, but there is a general guideline. If the yearly cost of comp and collision coverage is 10% or more of any settlement you would receive from your insurance company, then it’s probably a good time to buy liability coverage only.
For example, let’s say your Ford Expedition claim settlement value is $8,000 and you have $1,000 policy deductibles. If your vehicle is totaled, the most you would receive is $7,000 after paying the physical damage deductible. If premium cost is more than $700 a year for your policy with full coverage, then it could be time to drop full coverage.
There are some conditions where dropping physical damage coverage is not a good idea. If you still owe a portion of the original loan, you have to keep full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your savings is not enough to buy a different vehicle if your current one is in an accident, you should not consider dropping full coverage.
How You Can Control Ford Expedition Insurance Rates
Many things are used in the calculation when you quote your car insurance policy. Some are obvious such as your driving history, but some are less obvious like your continuous coverage or your financial responsibility. Consumers need to have an understanding of some of the things that play a part in calculating your premiums. When you understand what controls the rates you pay, this enables you to make decisions that can earn you better insurance rates.
Insurance rates are higher for high performance vehicles – The performance of the car, truck or SUV you are buying insurance for makes a huge difference in your auto insurance rates. The most favorable rates are usually found on smaller low performance passenger cars, but the final cost of insurance is determined by many other factors.
The following data assumes a single male driver age 30, full coverage with $1000 deductibles, and no discounts or violations. It shows Ford Expedition car insurance rates compared to other makes and models that have different risk factors.
Marriage is a factor – Having a significant other may earn you lower rates on your insurance policy. Having a spouse may mean you are more mature and statistics show being married results in fewer claims.
Filing insurance claims can cost you – Companies in California provide cheaper rates to insureds who file claims infrequently. If you are the type of insured that files lots of claims you can look forward to either a policy non-renewal or much higher rates. Your insurance policy is designed for larger claims.
More traffic means higher claims – Having an address in less populated areas of the country may provide you with better prices when buying insurance. Less people living in that area translates into fewer accident claims in addition to fewer liability claims. People who live in big cities have to deal with much more traffic and more severe claims. Spending more time driving statistically corresponds to a higher accident and claim rate.
Alarm systems lowers rates – Choosing to buy a car that has an advanced theft prevention system can help bring down rates. Theft prevention features such as OnStar, LoJack tracking, and tamper alarms help track and prevent auto theft.
Drive less and get lower premiums – The higher the mileage driven in a year’s time the higher your rates will be. A lot of companies calculate prices based upon how much you drive. Cars not used for work or commuting receive better premium rates compared to those used for work or business. Make sure your vehicle rating states how each vehicle is driven. A policy that improperly rates your Expedition can result in significantly higher rates.
Only buy what you need – There are a lot of additional coverages that can waste your money if you aren’t careful. Add-on coverages like vanishing deductibles, towing coverage, and term life insurance may not be needed and are just wasting money. They may seem like a good idea when deciding what coverages you need, but if they’re wasting money think about removing them and cutting costs.
Car and home together may be cheaper – Most major insurance companies will give better rates to customers who carry more than one policy in the form of a multi-policy discount. Discounts can be anywhere from five to ten percent in most cases. Even if you qualify for this discount already, it’s still a good idea to compare Ford Expedition rates in San Francisco to verify if the discount is saving money.
Loss statistics for a Ford Expedition – Insurance companies use statistical claims data when they set coverage costs for each model. Vehicles that the data determines to have higher claim frequency or loss amount will have increased rates.
The table below illustrates the loss history for Ford Expedition vehicles. For each coverage category, the claim probability for all vehicles, as an average, is a value of 100. Numbers below 100 imply a favorable loss record, while values that are above 100 indicate more frequent claims or an increased likelihood of larger losses.
|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
Choosing Ford vehicle insurance is an important decision
Despite the fact that insurance is not cheap in San Francisco, insurance may not be optional for several reasons.
- Almost all states have minimum liability requirements which means state laws require specific minimum amounts of liability insurance if you don’t want to risk a ticket. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
- If you bought your vehicle with a loan, more than likely the lender will make it a condition of the loan that you have physical damage coverage to ensure loan repayment if the vehicle is totaled. If you do not pay your insurance premiums, the lender will be forced to insure your Ford at a much higher premium rate and require you to reimburse them for it.
- Insurance protects both your assets and your Ford. It will also reimburse you for medical transport and hospital expenses for you, any passengers, and anyone injured in an accident. Liability coverage, the one required by state law, also pays expenses related to your legal defense in the event you are sued. If your Ford gets damaged, collision and comprehensive coverages will pay all costs to repair after the deductible has been paid.
The benefits of buying insurance definitely exceed the price paid, especially if you ever need it. Today the average American driver is wasting up to $810 a year so shop around at least once a year to be sure current rates are still competitive.