Cheap Insurance for a Ford Expedition in Baltimore

Insurance quote for Ford Expedition in BaltimoreIf you want to find the absolute lowest rates, then the best way to get discount auto insurance rates in Baltimore is to regularly compare prices from providers in Maryland. This can be done by following these guidelines.

Step 1: Read about the different coverages in a policy and the changes you can make to drop your rates. Many rating criteria that result in higher rates like tickets, at-fault accidents, and an imperfect credit rating can be rectified by improving your driving habits or financial responsibility. Read the full article for the details to prevent expensive rate increases and find additional discounts.

Step 2: Request rate estimates from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can give quotes from a single company like Progressive or Farmers Insurance, while independent agencies can give you price quotes for many different companies. View prices

Step 3: Compare the quotes to your current policy premium to determine if you can save on Expedition insurance in Baltimore. If you find a lower rate quote and buy the policy, verify that coverage does not lapse between policies.

The most important part of shopping around is to use the same amount of coverage on every quote and to quote with all possible companies. Doing this guarantees a level playing field and many rates to choose from.

It’s hard to fathom, but nearly 70% of consumers kept buying from the same company for more than four years, and approximately 38% of consumers have never compared auto insurance rates at all. Baltimore consumers can save hundreds of dollars each year by just shopping around, but most just don’t grasp the actual amount they would save if they bought a different policy.

Coverage statistics and figures

The price information below covers a range of insurance rates for Ford Expedition models. Having a good grasp of how car insurance prices are figured is important for drivers to make smart choices when purchasing an insurance policy.

Ford Expedition Insurance Rates in Baltimore, MD
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Expedition SSV 2WD $286 $400 $356 $22 $106 $1,170 $98
Expedition XLT 2WD $322 $486 $356 $22 $106 $1,292 $108
Expedition SSV 4WD $322 $486 $356 $22 $106 $1,292 $108
Expedition XLT 4WD $322 $486 $356 $22 $106 $1,292 $108
Expedition Eddie Bauer 2WD $322 $574 $356 $22 $106 $1,380 $115
Expedition Limited 2WD $322 $574 $356 $22 $106 $1,380 $115
Expedition Eddie Bauer 4WD $322 $574 $356 $22 $106 $1,380 $115
Expedition King Ranch 4WD $358 $574 $356 $22 $106 $1,416 $118
Expedition King Ranch 2WD $358 $574 $356 $22 $106 $1,416 $118
Expedition Limited 4WD $358 $574 $356 $22 $106 $1,416 $118
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Data rating is based on married male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Maryland minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, claim-free, and multi-vehicle. Rates do not factor in vehicle garaging location which can change price quotes substantially.

Higher deductibles save money

One of the most common car insurance questions is the level to set your comp and collision deductibles. The tables below approximate the costs and benefits when you select higher and lower comp and collision deductibles. The first data set uses a $250 deductible for comprehensive and collision coverage and the second price chart uses a $500 deductible.

Ford Expedition insurance premium rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Expedition SSV 2WD $314 $434 $346 $20 $104 $1,243 $104
Expedition XLT 2WD $354 $528 $346 $20 $104 $1,377 $115
Expedition SSV 4WD $354 $528 $346 $20 $104 $1,377 $115
Expedition XLT 4WD $354 $528 $346 $20 $104 $1,377 $115
Expedition Eddie Bauer 2WD $354 $624 $346 $20 $104 $1,473 $123
Expedition Limited 2WD $354 $624 $346 $20 $104 $1,473 $123
Expedition Eddie Bauer 4WD $354 $624 $346 $20 $104 $1,473 $123
Expedition King Ranch 4WD $394 $624 $346 $20 $104 $1,513 $126
Expedition King Ranch 2WD $394 $624 $346 $20 $104 $1,513 $126
Expedition Limited 4WD $394 $624 $346 $20 $104 $1,513 $126
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Ford Expedition insurance premium rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Expedition SSV 2WD $256 $350 $346 $20 $104 $1,076 $90
Expedition XLT 2WD $288 $426 $346 $20 $104 $1,184 $99
Expedition SSV 4WD $288 $426 $346 $20 $104 $1,184 $99
Expedition XLT 4WD $288 $426 $346 $20 $104 $1,184 $99
Expedition Eddie Bauer 2WD $288 $502 $346 $20 $104 $1,260 $105
Expedition Limited 2WD $288 $502 $346 $20 $104 $1,260 $105
Expedition Eddie Bauer 4WD $288 $502 $346 $20 $104 $1,260 $105
Expedition King Ranch 4WD $320 $502 $346 $20 $104 $1,292 $108
Expedition King Ranch 2WD $320 $502 $346 $20 $104 $1,292 $108
Expedition Limited 4WD $320 $502 $346 $20 $104 $1,292 $108
Get Your Own Custom Quote Go

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Maryland minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, claim-free, and multi-vehicle. Rate quotes do not factor in your specific Baltimore location which can affect insurance rates substantially.

Using the data above, we can ascertain that using a $250 deductible costs approximately $17 more each month or $204 each year averaged for all Expedition models than selecting the higher $500 deductible. Since the policyholder would be required to pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you normally go at least 15 months between claim filings, you would save more money if you choose a higher deductible.

Calculation for raising deductibles

Average monthly premium for $250 deductibles: $120
Average monthly premium for $500 deductibles (subtract): – $103
Monthly savings from raising deductible: $17
Difference between deductibles ($500 – $250): $250
Divide difference by monthly savings: $250 / $17
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 15 months

One thing to note is that raising deductibles to get cheaper rates results in having to pay to pay more out-of-pocket when you have a physical damage claim. That will require enough money stashed away in the event you have to pay more for the deductible.

The diagram below highlights how deductible choice and can increase or decrease Ford Expedition insurance costs for different age groups. The rate quotes are based on a single female driver, comprehensive and collision coverage, and no additional discounts are factored in.

Choices You Make Can Impact Your Insurance Costs

One of the most helpful ways to save on insurance is to to have a grasp of some of the things that play a part in calculating your insurance rates. If you understand what influences your rates, this allows you to make good choices that may result in much lower annual insurance costs.

Buy as much liability as you can afford – The liability section of your policy provides coverage when you are found to be at fault for causing damage or personal injury in an accident. Your liability coverage provides legal defense which can be incredibly expensive. Liability insurance is quite affordable as compared to coverage for physical damage, so buy as much as you can afford.

Compare rates if you consolidate your policies – Some insurance companies will give a discount to people who buy several policies from them such as combining an auto and homeowners policy. Discounts can amount to as much as ten percent or more If you currently are using one company, drivers will still want to check prices from other companies to help guarantee you have the best rates.

Poor credit decisions can cost you – Having a bad credit score factor in determining premium rates. People with high credit ratings tend to be better drivers and file fewer claims as compared to drivers with lower ratings. If your credit is low, you could potentially save money when insuring your Ford Expedition by spending a little time repairing your credit.

Alarm systems systems cut insurance rates – Purchasing a vehicle with a theft deterrent system can help lower your rates. Advanced theft deterrents like vehicle immobilizer systems, OnStar, and tracking devices like LoJack all help prevent car theft.

Never let your insurance expire – Letting your insurance expire is a quick way to drive up your policy premiums. Not only will you pay higher rates, getting caught without coverage could result in fines and jail time. You may then have to file a SR-22 with the Maryland DMV.

Costs also based on gender – Statistics show that women are safer drivers than men. The data does not necessarily mean that women are better drivers. They both get in fender benders at a similar rate, but males cause more damage. Men also statistically get higher numbers of serious violations like driving under the influence (DUI).

The information below shows the difference between Ford Expedition annual premium costs for male and female drivers. The rates are based on no claims, a clean driving record, full physical damage coverage, $100 deductibles, marital status is single, and no policy discounts are applied.

Don’t get traffic citations – Getting just one moving violation can bump up the cost substantially. Attentive drivers get better rates than people who have multiple driving citations. Drivers who have flagrant citations such as DWI, reckless driving or hit and run convictions may find that they have to to file a proof of financial responsibility form (SR-22) with the DMV in their state in order to continue driving.

The example below demonstrates how speeding tickets and at-fault claims can influence Ford Expedition auto insurance costs for each different age category. The information is based on a married male driver, full physical damage coverage, $1,000 deductibles, and no discounts are factored in.

Little extras can really add up – There are many extra add-on coverages you can purchase if you aren’t diligent. Coverages for vanishing deductibles, towing coverage, and membership fees are examples of these. They may sound like good ideas when buying your policy, but if you don’t need them think about removing them and cutting costs.

Ford Expedition statistical loss data – Insurance companies take into consideration insurance loss statistics for every vehicle to calculate a rate that will offset any claims. Vehicles that statistically have higher prevalence or dollar amount of losses will cost more to insure. The data below shows the actual insurance loss data for Ford Expedition vehicles.

For each policy coverage, the claim amount for all vehicles averaged together is equal to 100. Values that are below 100 mean the vehicle has better than average losses, while numbers that are greater than 100 indicate a higher chance of having a claim or a tendency for claims to be larger.

Auto Insurance Loss Data for Ford Expedition Models
Vehicle Make and 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
Data Source: (Insurance Institute for Highway Safety) for 2013-2015 Model Years

How much can you save?

Some insurance companies may not provide online price quotes and many times these smaller companies only sell coverage through independent agents. Discount Ford Expedition insurance is attainable from both online companies as well as from insurance agents, so compare prices from both so you have a total pricing picture.

As you go through the steps to switch your coverage, it’s very important that you do not buy less coverage just to save a little money. There have been many cases where drivers have reduced collision coverage and found out when filing a claim that the savings was not a smart move. Your objective should be to buy a smart amount of coverage at the lowest possible cost, but do not skimp to save money.

You just read quite a bit of information on how to reduce Ford Expedition insurance prices online in Baltimore. The key thing to remember is the more quotes you get, the better your chances of lowering your rates. Consumers may even find the most savings is with some of the smallest insurance companies. Regional companies may have significantly lower rates on certain market segments as compared to the big name companies such as Progressive or GEICO.

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