How to Save on Riverside Ford Expedition Insurance

Discount Ford Expedition insuranceIf you want to find the absolute lowest rates, then the best way to find affordable quotes for Ford Expedition insurance in Riverside is to compare quotes once a year from insurers who sell insurance in California.

Step 1: Try to learn a little about how insurance companies determine prices and the measures you can control to drop your rates. Many rating criteria that increase rates such as traffic violations, accidents, and your credit history can be remedied by making minor changes to your lifestyle.

Step 2: Compare price quotes from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only quote rates from one company like GEICO or Allstate, while independent agents can provide price quotes for a wide range of insurance providers.

Step 3: Compare the new quotes to your existing rates to see if a cheaper rate is available in Riverside. If you can save some money and switch companies, ensure coverage does not lapse between policies.

Step 4: Provide notification to your current agent or company of your intent to cancel your current car insurance policy. Submit any necessary down payment along with the completed application to your new carrier. Once the paperwork is finalized, put the new proof of insurance paperwork in a readily accessible location in your vehicle.

One tip to remember is to use identical coverage information on every price quote and and to get quotes from as many companies as you can. This guarantees a fair price comparison and a complete price analysis.

A recent study revealed that the vast majority of car insurance customers kept buying from the same company for a minimum of four years, and roughly 40% of drivers have never compared quotes from other companies. California consumers could save an average of up to $469 each year by just shopping around, but most just don’t grasp the large savings they would see if they replace their high priced policy.

Affordable car insurance in Riverside, CA

The companies shown below are ready to provide price quotes in California. If more than one company is shown, we suggest you get rate quotes from several of them in order to find the lowest rates.

Analysis of Ford Expedition rates

The data table shown next highlights different insurance costs for Ford Expedition models. Being able to understand how insurance premiums are calculated is important for making decisions on which coverage to buy.

Ford Expedition Insurance Rates in Riverside, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Expedition SSV 2WD $182 $292 $424 $26 $128 $1,052 $88
Expedition XLT 2WD $204 $354 $424 $26 $128 $1,136 $95
Expedition SSV 4WD $204 $354 $424 $26 $128 $1,136 $95
Expedition XLT 4WD $204 $354 $424 $26 $128 $1,136 $95
Expedition Eddie Bauer 2WD $204 $418 $424 $26 $128 $1,200 $100
Expedition Limited 2WD $204 $418 $424 $26 $128 $1,200 $100
Expedition Eddie Bauer 4WD $204 $418 $424 $26 $128 $1,200 $100
Expedition King Ranch 4WD $228 $418 $424 $26 $128 $1,224 $102
Expedition King Ranch 2WD $228 $418 $424 $26 $128 $1,224 $102
Expedition Limited 4WD $228 $418 $424 $26 $128 $1,224 $102
Get Your Own Custom Quote Go

Above prices assume single female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, homeowner, and claim-free. Premium amounts do not factor in specific location which can raise or lower rates considerably.

Choosing deductibles

One of the hardest decisions when shopping for auto insurance is which comprehensive and collision deductibles to buy. The premium rates below sum up the rate difference when you buy lower versus higher deductibles. The first price estimate table uses a $100 deductible for comprehensive and collision coverage and the second set of prices uses a $500 deductible.

Ford Expedition insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Expedition SSV 2WD $380 $564 $376 $22 $112 $1,479 $123
Expedition XLT 2WD $430 $686 $376 $22 $112 $1,651 $138
Expedition SSV 4WD $430 $686 $376 $22 $112 $1,651 $138
Expedition XLT 4WD $430 $686 $376 $22 $112 $1,651 $138
Expedition Eddie Bauer 2WD $430 $810 $376 $22 $112 $1,775 $148
Expedition Limited 2WD $430 $810 $376 $22 $112 $1,775 $148
Expedition Eddie Bauer 4WD $430 $810 $376 $22 $112 $1,775 $148
Expedition King Ranch 4WD $478 $810 $376 $22 $112 $1,823 $152
Expedition King Ranch 2WD $478 $810 $376 $22 $112 $1,823 $152
Expedition Limited 4WD $478 $810 $376 $22 $112 $1,823 $152
Get Your Own Custom Quote Go

Ford Expedition insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Expedition SSV 2WD $278 $382 $376 $22 $112 $1,170 $98
Expedition XLT 2WD $314 $464 $376 $22 $112 $1,288 $107
Expedition SSV 4WD $314 $464 $376 $22 $112 $1,288 $107
Expedition XLT 4WD $314 $464 $376 $22 $112 $1,288 $107
Expedition Eddie Bauer 2WD $314 $546 $376 $22 $112 $1,370 $114
Expedition Limited 2WD $314 $546 $376 $22 $112 $1,370 $114
Expedition Eddie Bauer 4WD $314 $546 $376 $22 $112 $1,370 $114
Expedition King Ranch 4WD $348 $546 $376 $22 $112 $1,404 $117
Expedition King Ranch 2WD $348 $546 $376 $22 $112 $1,404 $117
Expedition Limited 4WD $348 $546 $376 $22 $112 $1,404 $117
Get Your Own Custom Quote Go

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, claim-free, and homeowner. Estimates do not factor in specific Riverside garaging location which can increase or decrease coverage prices considerably.

We can estimate from the data above that using a $100 deductible will cost in the ballpark of $33 more each month or $396 a year averaged for all Expedition models than requesting the higher $500 deductible. Because you would pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you tend to average at a minimum 12 months between claims, you would most likely save money if you choose the higher deductible. Here is the way you can make your own decision.

Average monthly premium for $100 deductibles: $144
Average monthly premium for $500 deductibles (subtract): – $111
Monthly savings from raising deductible: $33
Difference between deductibles ($500 – $100): $400
Divide difference by monthly savings: $400 / $33
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 12 months

One big caveat is that higher deductibles means you will have to pay more out-of-pocket at claim time. That will force you to have a higher level of savings in the event you have to pay the deductible.

Full coverage versus liability-only

The diagram below visualizes the comparison of Ford Expedition yearly insurance costs with full coverage compared to only the California minimum liability coverage. The prices are based on a clean driving record, no claims, $100 deductibles, single status, and no discounts are taken into consideration.

When to stop buying physical damage coverage

There is no definitive guideline that works best for making the decision to drop physical damage coverage on your policy, but there is a guideline you can consider. If the annual cost of your full coverage insurance is more than around 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 assume your Ford Expedition replacement value is $8,000 and you have $1,000 deductibles. If your vehicle is severely damaged, the most your company would pay you is $7,000 after paying the physical damage deductible. If you are currently paying more than $700 a year for full coverage, then you might consider buying liability only.

There are some scenarios where eliminating full coverage is not a good plan. If you still have a loan on your vehicle, you have to keep full coverage to satisfy the loan requirements. Also, if you can’t afford to buy a different vehicle in case of an accident, you should not drop full coverage.

Lower rates by qualifying for these ten discounts

Some companies don’t always advertise all their discounts very clearly, so we researched a few of the more well known as well as the least known discounts that you can inquire about if you buy Riverside car insurance online. If you’re not getting every credit you deserve, you may be paying too high a price.Car insurance discounts

One last thing about discounts, most discount credits are not given to the whole policy. Most only apply to individual premiums such as comprehensive or collision. Despite the appearance that you could get a free car insurance policy, nobody gets a free ride.

The diagram below shows the difference between Ford Expedition insurance prices with and without discounts applied to the policy premium. The price estimates are based on a female driver, no accidents, no driving violations, California state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, claim-free, marriage, multi-car, safe-driver, and multi-policy discounts applied.

If you would like to choose from a list of insurers that have a full spectrum of discounts in Riverside, click this link.

When should I discuss my situation with an agent?

When it comes to buying your policy for your vehicles, there isn’t really a “best” method to buy coverage. Everyone’s situation is a little different.Higher deductibles save money

Here are some questions about coverages that might point out whether you would benefit from professional advice.

If you don’t know the answers to these questions but a few of them apply, you may need to chat with an insurance agent. To find an agent in your area, take a second and complete this form. It only takes a few minutes and can provide invaluable advice.

Can’t I compare rates from local Riverside car insurance agents?

A small number of people just want to go talk to an agent and that is a personal choice. Licensed agents can make sure you are properly covered and will help you if you have claims. A good thing about comparing auto insurance online is you may find cheap rate quotes but also keep your business local.

For easy comparison, once you complete this form (opens in new window), the coverage information is submitted to agents in your area who will give you bids for your auto insurance coverage. You don’t have to even leave your home because prices are sent to the email address you provide. In the event you want to quote rates from a specific auto insurance provider, just search and find their rate quote page and fill out the quote form the provide.

Finding the right insurer needs to be determined by more than just the quoted price. Here are some questions you should ask.

Is an exclusive or independent auto insurance agent right for you?

If you want to buy auto insurance from a good insurance agency, it helps to know the two different agency structures to choose from. Insurance agencies in Riverside can be classified as either exclusive agents or independent agents. Both insure your vehicles properly, but it is a good idea to know why they differ because it can factor into which agent you choose.

Exclusive Insurance Agencies

Agents that choose to be exclusive can only place business with one company like Allstate, AAA, Farmers Insurance, and State Farm. Exclusive agents cannot provide prices from multiple companies so they really need to provide good service. Exclusive agents are well trained on their company’s products which helps them sell on service rather than price. Drivers often buy from exclusive agents partially due to the brand and strong financial ratings.

Shown below is a short list of exclusive agents in Riverside who may provide you with comparison quotes.

More Riverside agents

Independent Agents

Independent agents are appointed with more than one company and that is an advantage because they can write policies through many different auto insurance companies and find you cheaper rates. If your agent finds better pricing, they simply switch companies in-house and you stay with the same agent.

When shopping rates, you will want to include rate quotes from several independent insurance agents so that you have a good selection of quotes to compare. A lot of them also have access to companies that do not advertise much which could offer lower prices.

The following is a short list of independent insurance agents in Riverside that can give you rate quotes.

More Riverside agents

After receiving good feedback for all questions you ask as well as offering an affordable quote, it’s possible that you found a car insurance agent that can be trusted to provide auto insurance coverage.

Auto insurance coverage considerations

Knowing the specifics of a auto insurance policy can be of help when determining which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy.

Comprehensive coverages

Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like theft, damage from getting keyed, a broken windshield and falling objects. The most you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Liability insurance

Liability coverage protects you from damages or injuries you inflict on other people or property by causing an accident. It protects YOU against claims from other people, and does not provide coverage for damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see values of 15/30/5 that translate to $15,000 in coverage for each person’s injuries, a per accident bodily injury limit of $30,000, and a total limit of $5,000 for damage to vehicles and property.

Liability coverage pays for things like pain and suffering, emergency aid and medical expenses. The amount of liability coverage you purchase is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford. California state minimum liability requirements are 15/30/5 but drivers should carry more coverage.

The chart below demonstrates why buying low liability limits may not provide you with enough coverage.

Collision protection

Collision coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims like colliding with a tree, sustaining damage from a pot hole, colliding with another moving vehicle and crashing into a ditch. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. You can also raise the deductible on your Expedition in order to get cheaper collision rates.

Coverage for medical payments

Med pay and PIP coverage pay for short-term medical expenses such as dental work, rehabilitation expenses, funeral costs and surgery. They are used to fill the gap from your health insurance policy or if you do not have health coverage. It covers both the driver and occupants and also covers if you are hit as a while walking down the street. PIP is not an option in every state and gives slightly broader coverage than med pay

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Ford Expedition.

Since many California drivers only carry the minimum required liability limits (15/30/5), their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

California car insurance company ratings

Buying coverage from a good quality insurer can be difficult considering how many companies there are to choose from in Riverside. The ranking information in the lists below could help you decide which car insurance providers to look at when shopping your coverage around.

Top 10 Riverside Car Insurance Companies Overall

  1. USAA
  2. American Family
  3. AAA of Southern California
  4. State Farm
  5. The Hartford
  6. AAA Insurance
  7. GEICO
  8. The General
  9. Titan Insurance
  10. Progressive

Smart shoppers get results

More affordable insurance in Riverside is definitely available from both online companies in addition to many Riverside insurance agents, and you should be comparing both to have the best rate selection. A few companies do not offer online rate quotes and many times these smaller providers only sell coverage through local independent agencies.

When getting Riverside car insurance quotes online, it’s very important that you do not skimp on coverage in order to save money. In too many instances, someone dropped collision coverage to discover at claim time that their decision to reduce coverage ended up costing them more. Your aim should be to get the best coverage possible for the lowest price while not skimping on critical coverages.

You just learned some good ideas how to compare Ford Expedition insurance premium rates in Riverside. The most important thing to understand is the more quotes you get, the better chance you’ll have of finding the cheapest Ford Expedition rate quotes. You may even discover the biggest savings come from a small local company.

More detailed insurance information can be found in the articles below: