Finding the best cheap auto insurance for a Ford Explorer in Indiana hinges on a large number of factors such as whether the vehicle is new, whether or not you garage your vehicle, and any prior driving offenses. Drivers pay approximately $754 per year to insure their Explorer, but that amount is a projection based upon a 30-year-old married female driver with both comprehensive and collision coverage and $500 deductibles.
When estimating a car insurance rate like we just did, the issue is that you aren't exactly 30 years old or even a female, you might be single instead of married, or maybe you want more liability coverage than is required by law in Indiana. Auto insurance requires individual risk assessment, so the way we recommend to find cheap insurance rates for your Ford is to just take the time to compare rates yourself. Do a quick rate comparison now and you will receive rate quotes from the best auto insurance companies in Indiana.
The trim level of your vehicle tends to have a direct impact on the coverage cost, so the rate you will pay to insure a Explorer XLT 2WD model will cost $72 less than the insurance cost for the more well-appointed Explorer Limited AWD model, as shown below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Explorer XLT 2WD||$172||$238||$286||$16||$86||$798||$67|
|Explorer Eddie Bauer 2WD||$172||$238||$286||$16||$86||$798||$67|
|Explorer XLT 4WD||$172||$238||$286||$16||$86||$798||$67|
|Explorer XLT AWD||$172||$238||$286||$16||$86||$798||$67|
|Explorer Eddie Bauer 4WD||$194||$288||$286||$16||$86||$870||$73|
|Explorer Eddie Bauer AWD||$194||$288||$286||$16||$86||$870||$73|
|Explorer Limited 2WD||$194||$288||$286||$16||$86||$870||$73|
|Explorer Limited 4WD||$194||$288||$286||$16||$86||$870||$73|
|Explorer Limited AWD||$194||$288||$286||$16||$86||$870||$73|
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Data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Indiana minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, claim-free, and multi-policy. Table data does not factor in zip code location which can raise or lower premium rates significantly.
Indiana car insurance companies ranked
Ending up with a good quality auto insurance company can be rather challenging considering how many choices drivers have in Indiana. The company ratings listed below could help you decide which car insurance providers you want to consider when comparing rate quotes. These ratings only include insurance companies that insure vehicles in the majority of U.S. states, so companies without a large exposure are not included in the list.
Top 10 Large Car Insurance Companies in Indiana Ranked by Customer Service
- State Farm
- Safeco Insurance
- American Family
- Titan Insurance
- Liberty Mutual
- Erie Insurance
Top 10 Large Car Insurance Companies in Indiana Ranked by A.M. Best Rating
- USAA - A++
- GEICO - A++
- Travelers - A++
- State Farm - A++
- Allstate - A+
- Progressive - A+
- Erie Insurance - A+
- The Hartford - A+
- Nationwide - A+
- Esurance - A+
Top Companies for Ford Explorer Insurance in Indiana
The illustration below illustrates how your deductible choice can change annual premium costs when searching for cheap insurance for a Ford Explorer in Indiana. The data is based on a married female driver, full coverage, and no discounts are factored in.
As shown above, a 40-year-old driver could lower their car insurance rates by $202 a year by changing from a $100 deductible to a $500 deductible, or save $306 by switching to a $1,000 deductible. Youthful drivers, like the 20-year-old example, could lower their rates as much as $496 each year just by using higher deductibles. If you do make the decision to raise your deductibles, it will be important to have enough funds in savings to offset the extra out-of-pocket expense. That is the one disadvantage of using higher deductibles.
What aren't you shopping around?
Indiana car insurance rates are based on many factors that can increase the price you pay. Turning one year older, moving to a different location, or getting a driving violation may generate price changes resulting in some companies being more affordable than before.
Not only may your situation change, but companies modify pricing multiple times each year to adjust for unexpected claims or profits. Heavier than normal losses may cause a rate increase, while long-term profits can result in cheaper Explorer insurance rates.
For instance, the graph below shows rates for the cheapest car insurance in Indiana for a 45-year-old male driver with no violations or accidents, and a high credit rating. If we estimate prices based on his current rating profile, Travelers may offer the most affordable car insurance rates in Indiana at $596 each year. This is $644 less than the average price paid by Indiana drivers of $1,240. USAA, Cincinnati Insurance, Erie, and Western Reserve round out the rest of the top five cheapest Indiana auto insurance companies.
The example below compares rates after we give the driver from the above example a claim surcharge, less-than-perfect credit, and a few traffic violations. Because every insurance company has their own guidelines for determining rates, comparing insurance quotes may now result in a completely different list of affordable companies as shown below.
The Hartford now has the best price on car insurance in Indiana with Auto-Owners, Cincinnati Insurance, State Farm, and Nationwide also having competitive pricing. This example demonstrates why it is so important to shop around with many companies to get the most economical insurance rates for a Ford Explorer. Auto insurance prices are influenced by many risk factors and can decrease or increase without notice, so the most economical company the last time you checked may now be priced much higher than other options.
How to find low-cost insurance for a Ford Explorer in Indiana
The list below summarizes many money-saving ideas that can help Indiana drivers quote lower-cost coverage.
- Avoid getting tickets or violations
- Being accident-free can lower rates significantly
- Try to not file small claims
- Insure your home and auto with the same company
- Older vehicles may not need full coverage
- Safer vehicles cost less to insure
- Compare quotes from other companies often
The last tip is certainly valuable, as we hit on in this write-up. Insurance prices adjust often, so don't hesitate to switch to a new company if you can find a cheaper rate. Many drivers have brand loyalty and that's fine, but it isn't a good idea if your bullheadedness ends up costing you a small fortune year after year. It takes less than five minutes to shop around to find cheaper auto insurance for a Ford Explorer.