Compare Ford Explorer Sport Trac Insurance Quotes in Newark

Scraping up a payment for expensive Ford Explorer Sport Trac insurance in Newark can overdraw your savings and force you to prioritize other expenses. Price shopping at each renewal can save money and help to slash your bill and have more diposable income.

A recent NerdWallet.com study revealed that most consumers have purchased from the same company for at least the last four years, and 38% of drivers have never compared insurance rates at all. Drivers in Newark could cut their rates by 40% a year by just shopping around, but they assume it’s a waste of time to save money by comparing rate quotes.

How to find more affordable Ford Explorer Sport Trac insurance in Newark

If your goal is the lowest price, then the best way to get cheaper Ford Explorer Sport Trac insurance is to start comparing prices yearly from providers in Newark.

First, it will benefit you to learn about the different coverages in a policy and the steps you can take to prevent expensive coverage. Many rating criteria that increase rates such as inattentive driving and your credit history can be amended by making minor driving habit or lifestyle changes. Later in this article we will cover tips to prevent rate hikes and find possible discounts that are available.

Second, request price quotes from direct, independent, and exclusive agents. Exclusive agents and direct companies can only give prices from a single company like GEICO or State Farm, while independent agents can provide rate quotes from multiple sources.

Third, compare the quotes to the premium of your current policy to see if you can save by switching companies. If you find a lower rate and change companies, make sure the effective date of the new policy is the same as the expiration date of the old one.

Fourth, notify your agent or company of your decision to cancel your current policy and submit the signed application along with the required initial payment to the new company. As soon as you can, place the new proof of insurance certificate in your glove compartment.

A good tip to remember is that you use similar coverage information on each quote request and and to get price quotes from as many different insurance providers as possible. Doing this provides a level playing field and plenty of rates choose from.

Companies like State Farm, Progressive and GEICO persitently shower you with catchy ads and it can be hard to ignore the promise of big savings and take the time to shop coverage around.

Best Ford Explorer Sport Trac insurance prices in New Jersey

The companies shown below are ready to provide price quotes in New Jersey. To buy the best cheap car insurance in NJ, we recommend you get prices from several of them to find the most competitive auto insurance rates.

Detailed insurance information

The price information displayed below showcases detailed analysis of insurance rates for Ford Explorer Sport Trac models. Being more informed about how policy premiums are determined can aid in making decisions on the best policy coverages.

Data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and New Jersey minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, safe-driver, and multi-policy. Rate quotes do not factor in specific garaging location which can affect premium rates greatly.

Choosing deductibles

One of the most common car insurance questions is at what level do you set your deductibles. The data tables below can help you visualize the differences in price of buying low and high deductibles. The first rate table uses a $250 deductible for physical damage and the second data table uses a $500 deductible.

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and New Jersey minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, multi-policy, and claim-free. Premium amounts do not factor in specific Newark garaging location which can change coverage rates significantly.

Based on these figures, using a $250 deductible will cost in the ballpark of $17 more each month or $204 every year than requesting the higher $500 deductible. Due to the fact that you would have to pay $250 more if you turn in a claim with a $500 deductible as compared to a $250 deductible, if you go at a minimum 15 months between claim filings, you would save more money if you choose a higher deductible.

Full coverage versus liability only rates

The chart below compares Ford Explorer Sport Trac auto insurance costs with and without physical damage coverage. The rates are based on a clean driving record, no at-fault accidents, $250 deductibles, drivers are single, and no discounts are applied to the premium.

When to buy liability coverage only

There isn’t a steadfast formula of when to exclude comp and collision coverage, but there is a general convention. If the annual cost of your full coverage insurance is more than around 10% of the vehicle’s replacement cost less your deductible, then it could be time to drop full coverage.

For example, let’s say your Ford Explorer Sport Trac claim settlement value is $8,000 and you have $1,000 policy deductibles. If your vehicle is severely damaged, the most you would get paid by your company is $7,000 after you pay the deductible. If it’s costing you more than $700 a year for your policy with full coverage, the it may be a good time to stop paying for full coverage.

There are a few cases where dropping physical damage coverage is not advised. If you still have a lienholder on your title, you have to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your finances do not allow you to purchase a different vehicle in the event your current vehicle is totaled, you should keep full coverage on your policy.

Get cheaper rates with discounts

Not many people think insurance is cheap, but you may find discounts that you may not even know about. Many of these discounts will be applied automatically when you quote, but lesser-known reductions have to be specially asked for before they will apply. If they aren’t giving you every credit you qualify for, you could be saving more on your auto insurance.

• Student in College – Youth drivers living away from Newark attending college without a vehicle on campus could get you a discount.
• Driving Data Discount – Drivers who elect to allow data collection to scrutinize driving habits remotely such as Progressive’s Snapshot and State Farm’s In-Drive may get a rate reduction if their driving habits are good.
• Savings for New Vehicles – Buying a new car model can save up to 30% since newer vehicles have better safety ratings.
• Early Renewal Discounts – Select companies give a discount for switching to them early. This discount can save up to 10%.
• Defensive Driver – Successfully completing a course that instructs on driving safety could cut 5% off your bill and easily pay for the cost of the class.
• Save with More Vehicles Insured – Drivers who insure several vehicles on one policy could earn a price break for each car.
• Organization Discounts – Participating in qualifying clubs or civic groups could qualify you for a break when shopping for auto insurance.
• Low Mileage – Keeping the miles down on your Ford could qualify for slightly better prices than normal.

You should keep in mind that most of the big mark downs will not be given to all coverage premiums. A few only apply to the price of certain insurance coverages like collision or personal injury protection. Just because it seems like you could get a free auto insurance policy, that’s just not realistic.

The diagram below visualizes the comparison of Ford Explorer Sport Trac premium costs with and without policy discounts. The premiums are based on a male driver, no accidents, no driving violations, New Jersey state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, marriage, safe-driver, multi-policy, claim-free, and homeowner discounts applied.

A few companies that possibly offer many of the previously listed discounts include:

• State Farm
• Farmers Insurance
• Progressive
• GEICO
• Auto-Owners Insurance
• The Hartford
• Farm Bureau
• USAA

If you want inexpensive Newark auto insurance quotes, ask each company or agent how many discounts you can get. Some credits might not apply in Newark.

Different people need different car insurance coverages

When buying coverage online or from an agent, there is no one-size-fits-all type of policy. Everyone’s needs are different so your insurance needs to address that. Here are some questions about coverages that may help highlight if your insurance needs will benefit from professional help.

• How can I force my company to pay a claim?
• Are my company tools covered if they get stolen?
• Is a fancy paint job covered?
• Am I covered if hit by an uninsured driver?
• Is business equipment covered while in my vehicle?
• Why am I required to get a high-risk car insurance policy?
• Do I benefit by insuring my home with the same company?
• Is there a penalty for late payment?
• Does my insurance cover my expensive audio equipment?
• Will my rates increase for filing one claim?

If you can’t answer these questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form or you can go here for a list of companies in your area. It only takes a few minutes and can provide invaluable advice.

Get rate quotes but work with a local Newark insurance agent

Some consumers would prefer to get professional advice from a licensed agent and there is nothing wrong with that. Good agents can answer important questions and will help you if you have claims. The biggest benefit of getting online price quotes is the fact that you can find cheap rate quotes and still have an agent to talk to. And providing support for local agents is still important in Newark.

To make it easy to find an agent, after completing this form (opens in new window), your insurance data is sent to local insurance agents in Newark that can provide free Newark auto insurance quotes for your insurance coverage. There is no reason to find an agent on your own as quotes are delivered to your email. If you need to compare rates from a specific insurance provider, feel free to visit that company’s website and complete a quote there.

Different types of car insurance agents in Newark

If you are wanting to find a local Newark insurance agency, there are two different types of agents to choose from. Insurance agencies in Newark are either exclusive or independent (non-exclusive). Either one can do a good job, but it’s worth learning how they are different because it can factor into which type of agent you select.

Independent Agents (or Brokers)

Agents of this type do not have single company limitations so they can quote policies with an assortment of companies and help determine which has the cheapest rates. If your agent finds better pricing, the agent simply finds a different carrier and you don’t have to do anything. When comparing rates, we recommend you include a couple of independent agencies in order to have the best price comparison.

Shown below are Newark independent agencies that may be able to give you comparison quotes.

More insurance agents

Exclusive Insurance Agencies

Exclusive agencies can only place business with one company and some examples include Farmers Insurance, Allstate, or State Farm. They usually cannot give you multiple price quotes so keep that in mind. Exclusive agents receive a lot of sales training on their products and sales techniques which helps them sell on service rather than price.

Shown below is a short list of exclusive insurance agencies in Newark that can give you price quotes.

More insurance agents

Deciding on an insurance agency is decision based upon more than just the price. Get answers to these questions too.

• Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
• Does the agency have a good rating with the Better Business Bureau?
• Is the coverage adequate for your vehicle?
• Which company do they place the most coverage with?
• How much will you save each year by using a higher deductible?
• How would your car be valued if totaled?
• Do they offer claims assistance after hours?
• Where are claims handled?

After talking to the agent and getting good answers and locked in a price quote, you may have just found an insurance agency that meets your needs to properly service your insurance policy.

Cheaper insurance rates are out there

We just showed you some good ideas how you can compare Ford Explorer Sport Trac insurance rates in Newark. The key thing to remember is the more price quotes you have, the higher your chance of finding affordable Newark auto insurance quotes. Consumers may even find the biggest savings come from a lesser-known regional company. Regional companies often have lower car insurance rates on specific markets as compared to the big name companies such as GEICO and State Farm.

As you restructure your insurance plan, do not sacrifice coverage to reduce premiums. There are many occasions where drivers have reduced physical damage coverage and discovered at claim time that it was a big error on their part. Your goal is to get the best coverage possible at the best cost and still be able to protect your assets.

Steps to finding affordable quotes for Ford Explorer Sport Trac insurance in Newark

The preferred way to get the cheapest Ford Explorer Sport Trac insurance in Newark is to make a habit of comparing prices annually from providers in New Jersey.

• First, take a little time to learn about the coverage provided by your policy and the measures you can take to prevent rate increases. Many risk factors that drive up the price like at-fault accidents, careless driving, and a poor credit rating can be eliminated by paying attention to minor details.
• Second, compare rates from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can provide rates from a single company like Progressive or State Farm, while independent agencies can provide prices from multiple companies.
• Third, compare the price quotes to your current policy premium to see if you can save by switching companies. If you find better rates and decide to switch, ensure coverage does not lapse between policies.
• Fourth, give notification to your current company of your decision to cancel your existing policy. Submit the required down payment along with the signed application to your new carrier. As soon as you receive it, keep the new proof of insurance certificate somewhere easily accessible.

One bit of advice is to use the same liability limits and deductibles on every quote and and to get quotes from as many companies as feasibly possible. Doing this guarantees the most accurate price comparison and the best rate selection.

More detailed insurance information is available in the articles below:

• Should I Buy a New or Used Car? (Allstate)
• Who Has the Cheapest Auto Insurance for Drivers with Bad Credit in Newark? (FAQ)
• Who Has Affordable Newark Car Insurance for First-time Drivers? (FAQ)
• Who Has Cheap Newark Auto Insurance Quotes for Uber Drivers? (FAQ)
• If I File a Claim will My Insurance Go Up? (Insurance Information Institute)
• Prom Night Tips for Teen Drivers (State Farm)