Finding the cheapest insurance for a Ford Explorer depends on a complicated rating formula that uses factors such as the safety rating for your Explorer, the condition of your credit, and violations on your driving record. Colorado drivers pay approximately $838 each year to insure their Explorer, but that amount is an estimate based on a 50-year-old married male driver with full physical damage coverage and $500 deductibles.
It’s more than likely you are not 50 and maybe not even a male, maybe you are single instead of married, and maybe your Explorer just needs liability-only coverage. Having just a slight change in the rating criteria used to formulate rates can result in a massive change in the cost of a policy.
Auto insurance requires individual risk assessment, so the only real way to find cheap insurance rates for your Ford is to just take the time to compare rates yourself.
Find Cheaper Ford Explorer Insurance
The trim level of your Explorer will most likely have an effect on the cost of coverage, so the price to insure a Explorer XLT 2WD will be $78 less expensive the price to insure the more costly Explorer Limited AWD trim level, as demonstrated by the prices below.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Explorer XLT 2WD | $172 | $258 | $338 | $20 | $100 | $888 | $74 |
| Explorer Eddie Bauer 2WD | $172 | $258 | $338 | $20 | $100 | $888 | $74 |
| Explorer XLT 4WD | $172 | $258 | $338 | $20 | $100 | $888 | $74 |
| Explorer XLT AWD | $172 | $258 | $338 | $20 | $100 | $888 | $74 |
| Explorer Eddie Bauer 4WD | $194 | $314 | $338 | $20 | $100 | $966 | $81 |
| Explorer Eddie Bauer AWD | $194 | $314 | $338 | $20 | $100 | $966 | $81 |
| Explorer Limited 2WD | $194 | $314 | $338 | $20 | $100 | $966 | $81 |
| Explorer Limited 4WD | $194 | $314 | $338 | $20 | $100 | $966 | $81 |
| Explorer Limited AWD | $194 | $314 | $338 | $20 | $100 | $966 | $81 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, multi-policy, and homeowner. Rate quotes do not factor in specific Denver garaging location which can influence price quotes substantially.
Best insurance in Colorado
Buying coverage from a high-quality insurance company can be rather challenging considering how many companies sell insurance in Denver. The information below can help you select which coverage providers to look at when trying to find cheaper insurance for a Ford Explorer.
These rankings are only made up of the largest companies in America, so smaller companies that only insure vehicles in Colorado are not taken into consideration for this list. If you’d like to compare prices from these top-rated insurers and more, follow this link.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| USAA | 98 | 100 | 100 | 94% | A++ | 98.6 |
| American Family | 98 | 89 | 100 | 86% | A | 95.4 |
| State Farm | 88 | 93 | 96 | 90% | A++ | 92.4 |
| The Hartford | 94 | 92 | 90 | 89% | A+ | 91.7 |
| AAA Insurance | 88 | 89 | 95 | 91% | A | 91.2 |
| GEICO | 84 | 93 | 93 | 89% | A++ | 90.3 |
| The General | 89 | 91 | 89 | 88% | A- | 90 |
| Titan Insurance | 90 | 87 | 91 | 95% | A+ | 89.6 |
| Progressive | 84 | 91 | 93 | 87% | A+ | 89.5 |
| Allstate | 85 | 90 | 92 | 88% | A+ | 89.3 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
The diagram below illustrates how choosing a deductible can influence insurance prices when quoting cheap insurance for a Ford Explorer. The prices are based on a single male driver, comprehensive and collision coverage, and no additional discounts are factored in.
As shown above, a 50-year-old driver could cut expenses by $358 a year by increasing from a $100 deductible up to a $500 deductible, or save $540 by changing to a $1,000 deductible. Young drivers, like the 20-year-old, could shave $1,168 each year by choosing larger deductibles on their policy. When choosing a higher deductible, it is necessary to have additional funds squirreled away to be able to pay the extra out-of-pocket expense, which is the one shortcoming of high deductibles.
Illustration showing the impact of accidents and violations
The obvious way to score the best insurance premiums for an Explorer is to be an attentive driver and have a clean driving record. The illustration below highlights how speeding tickets and at-fault collisions can influence yearly insurance costs for different insured age categories. The price estimates are based on a married male driver, full physical damage coverage, $1,000 deductibles, and no additional discounts are factored in.
In the chart above, the average cost of an auto insurance policy in Denver per year with no violations or accidents is $1,507. Add in one speeding ticket and the average cost increases to $1,734, an increase of $227 each year. Now add two accidents along with the one speeding ticket and the 12-month cost of insurance for a Ford Explorer increases to an average of $3,850. That’s an increase of $2,343, or $195 per month, just for not being attentive to the road!
The insurance agents in Denver listed below can help you determine which coverages are best, as some drivers aren’t sure which coverage they need and prefer to get some professional input when buying car insurance for an Explorer. It can be difficult to find the best coverage yourself, so agents can provide peace of mind knowing your policy gives you adequate coverage if you have an accident or claim.
To find an agent by location nearest to you, click the button at the bottom.
Allstate Insurance: Charles F. Simmons
797 S Pearl St – Denver, CO 80209 – (303) 722-0191
Hiram Licea – State Farm Insurance Agent
3600 Morrison Rd – Denver, CO 80219 – (303) 935-7475
Joe Adams – State Farm Insurance Agent
4110 8th Ave – Denver, CO 80220 – (303) 388-4949
Nationwide Insurance: Lloyd Pro Group Agency
1400 S Columbine St – Denver, CO 80210 – (970) 230-3020
American Family Insurance – Matthew Ditzenberger
1485 S Colorado Blvd #300c – Denver, CO 80222 – (303) 756-8038
View map of Denver, CO insurance agents
How to find more affordable auto insurance for a Ford Explorer
Below you’ll find a few thrifty solutions that can help you quote cheap car insurance.
- Avoid getting tickets or violations
- Buying your home and auto policies from the same company can earn a discount
- Try to pay small claims out-of-pocket
- Lower rates by purchasing a safer vehicle
- If your vehicles are older, consider dropping full coverage
- Do not get into accidents that are your fault
- Compare rate quotes often
The last suggestion is notably significant, as we emphasized in the prior article. Prices vary considerably, so don’t be hesitant to buy a policy from a new company if you find a cheaper price.
Many consumers stick with the same company and that’s fine, but we do not recommend it if that faithfulness ends up costing you lots of money. Now is a great time to shop around and find cheaper insurance for a Ford Explorer in Denver.