Cheapest Colorado Springs Ford Explorer Sport Trac Insurance

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Discount Ford Explorer Sport Trac insuranceIf you want to save the most money, the best way to save on car insurance rates is to start doing a yearly price comparison from insurers who provide auto insurance in Colorado Springs.

  • First, try to learn a little about the different coverages in a policy and the measures you can take to prevent expensive coverage. Many policy risk factors that result in higher prices such as accidents, careless driving, and a poor credit rating can be eliminated by being financially responsible and driving safely.
  • Second, quote rates from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only give prices from one company like Progressive or Farmers Insurance, while agents who are independent can provide rate quotes from many different companies.
  • Third, compare the new rates to your current policy premium to see if a cheaper price is available. If you find better rates, make sure there is no lapse between the expiration of your current policy and the new one.
  • Fourth, notify your company or agent of your intention to cancel your current car insurance policy. Submit any necessary down payment along with the completed application for the new policy. Make sure you place your new certificate of insurance somewhere easily accessible.

A tip to remember is to use the same amount of coverage on every quote and and to get rate quotes from as many companies as you can. This guarantees an apples-to-apples comparison and a thorough selection of prices.

A recent survey discovered that over 70% of Colorado drivers have remained with the same insurance company for well over three years, and approximately 40% of consumers have never even shopped around for cheaper coverage. American consumers could save up to $859 every year by just comparing quotes, but most just don't grasp the amount of money they would save if they replace their high priced policy.

Cheap companies for Ford Explorer Sport Trac insurance

The companies shown below are ready to provide quotes in Colorado. If you want to find the best auto insurance in Colorado Springs, CO, we recommend you compare several of them in order to find the most affordable rates.

Car insurance data for a Ford Explorer Sport Trac

The premium table shown next covers estimates of coverage prices for Ford Explorer Sport Trac models. Having a better idea how car insurance premiums are established can help guide drivers when making decisions when shopping your coverage around.

Ford Explorer Sport Trac Insurance Rates in Colorado Springs, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Explorer Sport Trac XLT 2WD $232 $432 $426 $26 $128 $1,244 $104
Explorer Sport Trac Limited 2WD $266 $432 $426 $26 $128 $1,278 $107
Explorer Sport Trac XLT 4WD $266 $432 $426 $26 $128 $1,278 $107
Explorer Sport Trac Limited 4WD $300 $526 $426 $26 $128 $1,406 $117
Explorer Sport Trac Limited AWD $300 $526 $426 $26 $128 $1,406 $117
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Data variables include single male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Colorado minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, claim-free, and multi-vehicle. Price information does not factor in specific Colorado Springs garaging location which can revise coverage prices greatly.

Physical damage deductible comparison

When comparing car insurance rates, the most common question is what deductibles to buy. The tables below summarize the differences in price when you select higher and lower deductibles. The first table uses a $250 physical damage deductible and the second set of prices uses a $500 deductible.

Ford Explorer Sport Trac insurance with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Explorer Sport Trac XLT 2WD $236 $376 $352 $20 $106 $1,115 $93
Explorer Sport Trac Limited 2WD $272 $376 $352 $20 $106 $1,151 $96
Explorer Sport Trac XLT 4WD $272 $376 $352 $20 $106 $1,151 $96
Explorer Sport Trac Limited 4WD $306 $458 $352 $20 $106 $1,267 $106
Explorer Sport Trac Limited AWD $306 $458 $352 $20 $106 $1,267 $106
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Ford Explorer Sport Trac insurance with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Explorer Sport Trac XLT 2WD $192 $304 $352 $20 $106 $974 $81
Explorer Sport Trac Limited 2WD $220 $304 $352 $20 $106 $1,002 $84
Explorer Sport Trac XLT 4WD $220 $304 $352 $20 $106 $1,002 $84
Explorer Sport Trac Limited 4WD $250 $368 $352 $20 $106 $1,096 $91
Explorer Sport Trac Limited AWD $250 $368 $352 $20 $106 $1,096 $91
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Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, safe-driver, and multi-policy. Rates do not factor in vehicle location which can change premium rates significantly.

Based on this data, we can arrive at the conclusion that using a $250 deductible could cost the average driver approximately $13 more each month or $156 a year across all Ford Explorer Sport Trac models than selecting the higher $500 deductible. Since the policyholder would be required to pay $250 more if you turn in a claim with a $500 deductible as compared to a $250 deductible, if you have at a minimum 19 months between claims, you would save more money if you choose a higher deductible. Here's the way you can come to your own conclusion.

Average monthly premium for $250 deductibles: $99
Average monthly premium for $500 deductibles (subtract): - $86
Monthly savings from raising deductible: $13
Difference between deductibles ($500 - $250): $250
Divide difference by monthly savings: $250 / $13
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 19 months

One important caveat is that raising deductibles means you pay more out-of-pocket at claim time. You should have enough disposable income in order to pay the deductible to have repairs made.

Tickets and at-fault accidents raise rates

The example below demonstrates how citations and at-fault collisions can influence Ford Explorer Sport Trac car insurance costs for different age groups. Data assumes a single male driver, full coverage, $1,000 deductibles, and no discounts are factored in.

Comparison of full coverage and liability-only policies

The chart below shows the difference between Ford Explorer Sport Trac auto insurance rates with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The rate quotes are based on no claims or driving violations, $250 deductibles, single marital status, and no discounts are factored in.

When to drop comp and collision

There is no set guideline of when to phase out physical damage coverage on your policy, but there is a guideline you can consider. If the annual cost of coverage is about 10% or more of the settlement you would receive from your company, then you might want to think about dropping full coverage.

For example, let's say your Ford Explorer Sport Trac book value is $6,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, the most your company would pay you is $5,000 after paying your policy deductible. If you are paying in excess of $500 annually to have full coverage, then you might want to consider buying only liability coverage.

There are some situations where only buying liability is not a good plan. If you have an outstanding loan on your vehicle, you have to keep full coverage to satisfy the loan requirements. Also, if you don't have enough money to buy a different vehicle if your current one is damaged, you should keep full coverage on your policy.

Save money with these discounts on Ford Explorer Sport Trac insurance in Colorado Springs

Companies don't necessarily list their entire list of discounts in an easy-to-find place, so the list below contains both the well known and the harder-to-find credits available to you.

  • Distant Student Discount - Older children who are enrolled in a college that is more than 100 miles from Colorado Springs and do not have access to a covered vehicle may qualify for this discount.
  • Seat Belt Usage - Drivers who require all vehicle occupants to buckle their seat belts could save 15% on medical payment and PIP coverage.
  • ABS Brakes - Cars and trucks that have anti-lock braking systems can stop better under adverse conditions and the ABS can save up to 10%.
  • Air Bag Discount - Vehicles equipped with air bags and/or automatic seat belt systems can get savings of up to 25% or more.
  • Safe Driver Discounts - Insureds without accidents can save as much as half off their rates than less cautious drivers.
  • Low Miles Discount - Low mileage vehicles may allow you to get discounted rates on garaged vehicles.
  • Home Ownership Discount - Just owning your own home can earn you a little savings since home ownership requires a higher level of personal finance.

Don't be shocked that many deductions do not apply to all coverage premiums. The majority will only reduce individual premiums such as physical damage coverage or medical payments. Just because it seems like you could get a free car insurance policy, that's just not realistic.

The example below visualizes the comparison of Ford Explorer Sport Trac car insurance rates with and without discounts applied to the rates. The information is based on a female driver, no claims or driving violations, Colorado state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, claim-free, multi-policy, safe-driver, marriage, and homeowner discounts applied.

To see companies with the best discounts in Colorado Springs, click here to view.

Compare rate quotes but work with a neighborhood Colorado Springs auto insurance agent

Certain consumers just want to get professional advice from a licensed agent and that is just fine! One of the best bonuses of comparing rate quotes online is the fact that you can find the best rates and still have an agent to talk to. Buying from local agencies is important particularly in Colorado Springs.

Insurance agents in Colorado SpringsUpon completion of this quick form, your insurance coverage information is sent to insurance agents in Colorado Springs who will gladly provide quotes to get your business. You won't need to contact any agents as quotes are delivered to you. You can find lower rates without a big time investment. If you wish to get a rate quote from a particular provider, just jump over to their website to submit a rate quote request.

Compare rates from both independent and exclusive auto insurance agents

If you want to use an insurance agent, there are a couple of different types of agencies that you can choose from. Agencies in Colorado Springs are either independent agents or exclusive agents depending on their employer.

Independent Insurance Agencies

Agents that choose to be independent are not limited to a single company so they can insure your vehicles through many different insurance companies and potentially find a lower price. If they find a cheaper price, they simply move your policy to a different company without you having to go to a different agency. When comparing rate quotes, we highly recommend that you contact independent agents to get the best comparison.

Featured below are independent insurance agencies in Colorado Springs who can help you get free insurance rate quotes.

707 S Tejon St - Colorado Springs, CO 80903 - (719) 227-7100 - View Map

2407 W Colorado Ave - Colorado Springs, CO 80904 - (719) 473-6262 - View Map

2306 N Powers Blvd #120 - Colorado Springs, CO 80915 - (719) 591-4500 - View Map

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Exclusive Agents

These agents can usually just insure with one company and examples are Farmers Insurance, State Farm, or Allstate. These agents are unable to place coverage with different providers so they really need to provide good service. They are usually quite knowledgeable on their company's products and that enables them to sell even at higher rates.

The following are exclusive agencies in Colorado Springs that can give you price quote information.

4549 Austin Bluffs Pkwy - Colorado Springs, CO 80918 - (719) 596-8812 - View Map

3225 Templeton Gap Rd Ste 104 - Colorado Springs, CO 80907 - (719) 636-3336 - View Map

308 W Fillmore St #106 - Colorado Springs, CO 80907 - (719) 632-5433 - View Map

More insurance agents

Choosing an car insurance agent requires more thought than just the quoted price. Some important questions to ask are:

  • What insurance companies do they recommend if they are an independent agent?
  • Are there any discounts for paying up front?
  • Do they offer claims assistance after hours?
  • Is the agency active in community causes in Colorado Springs?
  • Do you qualify for any additional discounts?
  • Are they primarily personal or commercial lines agents in Colorado Springs?

Car insurance company ratings

Buying coverage from the highest-rated car insurance provider is hard considering how many companies there are to choose from in Colorado. The company rank data below can help you choose which auto insurers you want to consider comparing rates with.

Top 10 Colorado Springs Car Insurance Companies Ranked by Value

  1. USAA
  2. American Family
  3. The Hartford
  4. Titan Insurance
  5. The General
  6. Mercury Insurance
  7. AAA Insurance
  8. State Farm
  9. Nationwide
  10. Safeco

Top 10 Colorado Springs Car Insurance Companies Ranked by Claims Service

  1. State Farm
  2. Esurance
  3. AAA Insurance
  4. GEICO
  5. Liberty Mutual
  6. Progressive
  7. Allstate
  8. Titan Insurance
  9. The Hartford
  10. Mercury Insurance

Persistent drivers can save

In this article, we presented many ways to save on Ford Explorer Sport Trac insurance in Colorado Springs. The key concept to understand is the more rate quotes you have, the better your comparison will be. You may even find the best prices are with the least-expected company. They may often insure only within specific states and give better rates than their larger competitors like Progressive and GEICO.

While you're price shopping online, make sure you don't buy less coverage just to save a little money. There are a lot of situations where an insured dropped comprehensive coverage or liability limits to discover at claim time that a couple dollars of savings turned into a financial nightmare. Your goal is to buy the best coverage you can find at the lowest possible cost, not the least amount of coverage.

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