Car Insurance Quotes for a Ford Expedition in Charlotte

Insurance for Ford ExpeditionTruthfully, the best way to get low-cost car insurance rates in Charlotte is to start doing an annual price comparison from insurance carriers who provide car insurance in North Carolina.

An important note is to use identical limits and deductibles on each quote request and and to get rates from every company you can. Doing this ensures a fair price comparison and maximum price selection.

Astonishing but true according to a recent study, the vast majority of drivers kept buying from the same company for well over three years, and about 40% of consumers have never compared rates from other carriers. With the average insurance premium being $1,847, American drivers could save roughly $860 every year just by getting comparison quotes, but most undervalue the rate savings if they swap their current policy for a cheaper one.

Finding the cheapest car insurance coverage in Charlotte is really quite simple as long as you have a good starting point. If you currently have a car insurance policy, you will definitely be able to buy cheaper car insurance using the following tips. Comparison shoppers just need to learn the tricks to compare prices instantly.

Finding a lower price on Ford Expedition insurance is actually quite simple. You just have to spend a little time to compare rates to discover which company has cheaper Charlotte auto insurance quotes.

Online shopping is fast and free, and it makes it a waste of time to spend your day driving to and from local Charlotte insurance agencies. Comparing Ford Expedition insurance rates online reduces the need to sit down with an agent unless you have a complicated situation and need the personal advice that you can only get from talking to an agent. Drivers can price shop online but have your policy serviced through an agent.

The providers in the list below provide free rate quotes in North Carolina. To get the cheapest auto insurance in Charlotte, NC, we suggest you click on several of them in order to get a fair rate comparison.

Determine discounts on Charlotte auto insurance

Some insurance providers don’t list every policy discount in a way that’s easy to find, so here is a list some of the more common and also the lesser-known credits that may apply to you.Discount auto insurance

One thing to note about discounts is that most discount credits are not given to all coverage premiums. Some only apply to individual premiums such as medical payments or collision. Even though it may seem like you can get free auto insurance, company stockholders wouldn’t be very happy. But all discounts will reduce the cost of coverage.

The example below shows the difference between Ford Expedition auto insurance rates with and without discounts being applied to the rates. The costs are based on a male driver, no tickets, no at-fault accidents, North Carolina 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 claim-free, multi-policy, homeowner, multi-car, marriage, and safe-driver discounts applied.

To find auto insurance companies that offer many of these discounts in North Carolina, click here.

Ford Expedition insurance analysis

The rate table displayed below highlights different prices for Ford Expedition models. Having a better understanding of how auto insurance policy rates are established can help guide drivers when making informed coverage decisions.

Ford Expedition Insurance Rates in Charlotte, NC
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Expedition SSV 2WD $122 $182 $204 $12 $60 $580 $48
Expedition XLT 2WD $138 $222 $204 $12 $60 $636 $53
Expedition SSV 4WD $138 $222 $204 $12 $60 $636 $53
Expedition XLT 4WD $138 $222 $204 $12 $60 $636 $53
Expedition Eddie Bauer 2WD $138 $262 $204 $12 $60 $676 $56
Expedition Limited 2WD $138 $262 $204 $12 $60 $676 $56
Expedition Eddie Bauer 4WD $138 $262 $204 $12 $60 $676 $56
Expedition King Ranch 4WD $154 $262 $204 $12 $60 $692 $58
Expedition King Ranch 2WD $154 $262 $204 $12 $60 $692 $58
Expedition Limited 4WD $154 $262 $204 $12 $60 $692 $58
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Data based on married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and North Carolina minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, multi-vehicle, and safe-driver. Premium costs do not factor in Charlotte location which can increase or decrease insurance rates significantly.

The example below demonstrates how deductible levels and can change Ford Expedition insurance costs for each different age category. The costs are based on a married male driver, comp and collision included, and no discounts are taken into consideration.

Difference between full coverage and liability only rates

The information below compares Ford Expedition insurance prices with and without full coverage. The price estimates are based on no accidents or driving violations, $1,000 deductibles, marital status is single, and no policy discounts are applied.

When to switch to liability coverage only

There is no definitive rule of when to eliminate physical damage coverage, but there is a general school of thought. If the yearly cost for physical damage coverage is 10% or more of the replacement cost minus the deductible, then it may be the right time to buy liability only.

For example, let’s assume your Ford Expedition settlement value is $3,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most your company would pay you is $2,000 after the policy deductible has been paid. If premiums are more than $200 annually for physical damage coverage, the it may be a good time to stop paying for full coverage.

There are a few situations where removing full coverage is not financially feasible. If you still owe a portion of the original loan, you have to keep full coverage as part of the loan requirements. Also, if your savings is not enough to buy a different vehicle in case of an accident, you should keep full coverage.

How Car Insurance Companies Calculate Ford Expedition Insurance Costs

It’s important that you understand some of the factors that aid in calculating the rates you pay for auto insurance. If you know what positively or negatively impacts your premiums, this enables you to make decisions that will entitle you to lower rates. Many different elements are part of the calculation when you quote your car insurance policy. Most are fairly basic such as traffic violations, but other factors are less apparent such as your marital status or your vehicle rating.

The following are some of the items used by companies to determine your rate level.