Insurance quote for Ford Explorer in FargoSearching for discount Fargo Ford Explorer insurance quotes might seem challenging for drivers who are beginners to quoting and buying their car insurance on the internet. With so many agents and insurers available, how are drivers expected to even start to compare every possible option in order to find the cheapest price possible?

A recent study showed that most consumers kept their coverage with the same car insurance company for at least four years, and almost 40% of drivers have never quoted car insurance rates at all. Fargo consumers could save roughly 40% a year, but they underestimate how much money they would save if they moved their coverage to a different company.

Choosing the best rates in Fargo is much easier if you know where to start. Virtually every car owner who comparison shops for insurance should be able to save money. But North Dakota consumers do need to understand how companies calculate your policy premium and use this information to your advantage.

Low-cost companies for Ford Explorer insurance in North Dakota

The companies shown below offer free quotes in Fargo, ND. If multiple companies are shown, we suggest you compare several of them to get a more complete price comparison.

Ford Explorer Insurance Rates in Fargo, ND
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Explorer XLT 2WD $142 $234 $366 $22 $110 $874 $73
Explorer Eddie Bauer 2WD $202 $318 $342 $20 $102 $984 $82
Explorer XLT 4WD $260 $386 $302 $18 $90 $1,056 $88
Explorer XLT AWD $260 $398 $408 $24 $122 $1,212 $101
Explorer Eddie Bauer 4WD $168 $270 $290 $18 $88 $834 $70
Explorer Eddie Bauer AWD $214 $318 $302 $18 $90 $942 $79
Explorer Limited 2WD $228 $386 $318 $18 $96 $1,046 $87
Explorer Limited 4WD $184 $312 $342 $20 $102 $960 $80
Explorer Limited AWD $166 $264 $284 $16 $86 $816 $68
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Price data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and North Dakota minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, multi-policy, and safe-driver. Rate quotes do not factor in your specific Fargo location which can impact coverage prices greatly.

Rate comparison for different deductibles

One of the more difficult decisions when buying auto insurance is which deductible level should you buy. The comparison tables below can help illustrate the costs and benefits when you choose different coverage deductibles. The first rate table uses a $100 deductible for comprehensive and collision coverage and the second pricing table uses a $1,000 deductible.

Ford Explorer insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Explorer XLT 2WD $260 $386 $302 $18 $90 $1,081 $90
Explorer Eddie Bauer 2WD $260 $386 $302 $18 $90 $1,081 $90
Explorer XLT 4WD $260 $386 $302 $18 $90 $1,081 $90
Explorer XLT AWD $260 $386 $302 $18 $90 $1,081 $90
Explorer Eddie Bauer 4WD $294 $470 $302 $18 $90 $1,199 $100
Explorer Eddie Bauer AWD $294 $470 $302 $18 $90 $1,199 $100
Explorer Limited 2WD $294 $470 $302 $18 $90 $1,199 $100
Explorer Limited 4WD $294 $470 $302 $18 $90 $1,199 $100
Explorer Limited AWD $294 $470 $302 $18 $90 $1,199 $100
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Ford Explorer insurance rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Explorer XLT 2WD $144 $204 $302 $18 $90 $758 $63
Explorer Eddie Bauer 2WD $144 $204 $302 $18 $90 $758 $63
Explorer XLT 4WD $144 $204 $302 $18 $90 $758 $63
Explorer XLT AWD $144 $204 $302 $18 $90 $758 $63
Explorer Eddie Bauer 4WD $164 $248 $302 $18 $90 $822 $69
Explorer Eddie Bauer AWD $164 $248 $302 $18 $90 $822 $69
Explorer Limited 2WD $164 $248 $302 $18 $90 $822 $69
Explorer Limited 4WD $164 $248 $302 $18 $90 $822 $69
Explorer Limited AWD $164 $248 $302 $18 $90 $822 $69
Get Your Own Custom Quote Go

Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and North Dakota minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, safe-driver, and multi-vehicle. Price information does not factor in the specific area where the vehicle is garaged which can change premium rates significantly.

Using the premium rates above, we can conclude that using a $100 deductible costs about $30 more each month or $360 annually than buying the higher $1,000 deductible. Since the policyholder would be required to pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you tend to average at least 30 months between claim filings, you would more than likely save some money if you elect the higher deductible. The table below shows an example of how you can make your own decision.

Average monthly premium for $100 deductibles: $96
Average monthly premium for $1,000 deductibles (subtract): - $66
Monthly savings from raising deductible: $30
Difference between deductibles ($1,000 - $100): $900
Divide difference by monthly savings: $900 / $30
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 30 months

One important issue to know is that raising deductibles to get cheaper rates results in having to pay to pay more out-of-pocket at claim time. You should have some extra savings in order to pay the deductible to have repairs made.

Policy deductible comparison

The chart below demonstrates how deductible levels and can affect Ford Explorer insurance costs for different age categories. The premium estimates are based on a single male driver, comp and collision included, and no discounts are factored in.

Smart Consumers Know How to Get Car Insurance Cheaper

An important part of buying insurance is that you know a few of the rating criteria that help determine your premiums. If you understand what influences your rates, this helps enable you to make changes that could help you find lower premium levels.

The items below are some of the most common factors car insurance companies consider when setting premiums.

Good drivers pay the best premiums - Whether or not you get tickets can have a huge impact on auto insurance premiums. Even a single driving citation may cause rates to rise by as much as thirty percent. Drivers with clean records pay lower auto insurance prices than people who have multiple driving citations. Drivers who get careless tickets like DWI, reckless driving or hit and run convictions may face state-mandated requirements to maintain a SR-22 with their state's licensing department in order to continue driving.

Age of drivers - Inexperience drivers have a tendency to be less responsible when driving so they pay higher car insurance rates. Older, more experienced drivers are more cautious drivers, file fewer claims, and are safer drivers.

No car insurance policy gaps is important - Driving without insurance coverage in place is illegal and your next policy will cost more because you let your coverage cancel without a new policy in place. In addition to paying higher rates, getting caught without coverage may result in a revoked license or a big fine.

Gender matters - Statistics show that women are safer drivers than men. This data doesn't prove that males are worse at driving than females. Males and females tend to get into accidents at a similar rate, but guys have costlier accidents. Not only are claims higher, but men receive more costly citations like DUI and reckless driving. Youthful male drivers cause the most accidents and therefore are the most expensive to insure.

Ford Explorer insurance loss data - Insurance companies analyze the history of losses to help set a rate to offset losses. Models that historically have higher number or severity of losses will have a higher premium rate.

The information below illustrates the historical insurance loss data for Ford Explorer vehicles. For each policy coverage type, the claim amount for all vehicles averaged together is a value of 100. Values under 100 indicate better than average losses, while values that are above 100 point to more losses or tendancy to have higher losses.

Ford Explorer Insurance Loss Statistics

Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Ford Explorer 4dr 2WD 80 90 79 75 70 82
Ford Explorer 4dr 4WD 94 94 97 75 70 85
BETTER
AVERAGE
WORSE

Statistics from IIHS.org for 2013-2015 Model Years

Cheap Fargo car insurance rates with discounts

Some providers don't always publicize every disount available very well, so the list below contains some of the best known and the harder-to-find credits available to you.Discount car insurance

Keep in mind that most discounts do not apply the the whole policy. Most only reduce the price of certain insurance coverages like comp or med pay. So despite the fact that it appears having all the discounts means you get insurance for free, car insurance companies aren't that generous.

A few popular companies and their possible discounts are included below.

When quoting, ask every prospective company the best way to save money. Some of the discounts discussed earlier might not be offered on policies in Fargo.

Insurance agencies can find coverage gaps

Many drivers would rather go talk to an agent and doing that can be a smart decision The best thing about getting online price quotes is you can get better rates but also keep your business local.

Fargo insurance agentsUpon completion of this short form, your information is transmitted to companies in Fargo who will return price quotes for your car insurance coverage. You won't even need to visit any agencies because prices are sent immediately to your email address. You can find lower rates and an insurance agent to talk to. If you wish to quote rates from one company in particular, don't hesitate to navigate to their website and fill out the quote form the provide.

Finding the right insurance company should include more criteria than just the price. Here are some questions you might want to ask.

Different types of Fargo car insurance agents

If you would like to find a good Fargo insurance agent, there are a couple of different types of agencies and how they are slightly different. Agents in Fargo may be either independent or exclusive depending on the company they work for.

Exclusive Insurance Agents

Agents that choose to be exclusive can only provide one company's prices such as Farmers Insurance, American Family, State Farm and Allstate. They generally cannot compare other company's rates so they really need to provide good service. These agents are usually well trained on the products they sell which helps offset the inability to provide other markets. Consumers frequently buy from exclusive agents mainly due to the prominent brand name and solid financial strength.

Below is a short list of exclusive insurance agents in Fargo willing to provide price quote information.

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Independent Agents

Independent agencies are not employed by any specific company and that gives them the ability to insure with many different companies depending on which coverage is best. To move your coverage to a new company, the agent simply finds a different carrier and you don't have to find a new agent. When shopping rates, we recommend you get some free quotes from several independent insurance agents for the best price selection. They often place coverage with mutual insurance companies who may have lower rates.

Below are independent insurance agents in Fargo who can help you get comparison quotes.

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Car insurance ads are enticing

Car insurance providers like GEICO, State Farm and Progressive regularly use ads on TV and radio. They all make the point about how much you will save after switching to their company. How does every car insurance company sell you cheaper insurance coverage? It's all in the wording.

All companies give the cheapest rates for a prospective insured they prefer to insure. A good example of this type of driver could be over age 30, has a clean driving record, and drives newer vehicles. Any new insured that matches those criteria receives the best rates in Fargo and as a result will probably save a lot on Fargo Ford Explorer insurance if they switch.

Drivers who cannot meet these stringent criteria may be required to pay higher prices and this results in the customer not buying. The ad wording is "customers that switch" not "everyone that quotes" save that much when switching. That's why insurance companies can confidently make it sound like they have such great premium rates. This really drives home the point why it is so important to quote coverage with many companies. It's just not possible to know which insurance companies will give you the biggest savings.

Which is the best car insurance?

When quoting and comparing coverage online or from an agent, there isn't really a single plan that fits everyone. Everyone's situation is unique.Car insurance savings

For example, these questions could help you determine whether your personal situation would benefit from an agent's advice.

If you're not sure about those questions but one or more may apply to you then you might want to talk to a licensed agent. To find lower rates from a local agent, simply complete this short form.

Frequent quotes can save

More affordable auto insurance in Fargo can be found on the web as well as from insurance agents, and you should be comparing both so you have a total pricing picture. A few companies do not offer online rate quotes and many times these small, regional companies sell through independent insurance agents.

Drivers change insurance companies for any number of reasons including being labeled a high risk driver, unfair underwriting practices, delays in paying claims and high rates after DUI convictions. It doesn't matter what your reason, switching companies is not as difficult as it may seem.

When getting Fargo auto insurance quotes online, it's not a good idea to buy less coverage just to save a little money. There have been many cases where an insured cut physical damage coverage and discovered at claim time that saving that couple of dollars actually costed them tens of thousands. Your goal should be to purchase plenty of coverage for the lowest cost while not skimping on critical coverages.

Even more information can be found by following these links: