Nobody that owns a car enjoys paying for insurance, especially when their premiums are too high.
Amazingly, a recent NerdWallet.com study showed that most drivers renewed their policy with the same company for at least four years, and nearly 40% of drivers have never compared insurance rates at all. With the average premium in New Mexico being $1,240, drivers could save an average of almost 40% each year by just comparing quotes, but they don't want to spend time to go online and compare rates. Many car insurance companies vie for your hard-earned dollar, so it's not easy to compare every provider and get the best coverage at the lowest price on Ford Explorer insurance in Las Cruces.
The companies shown below provide quotes in Las Cruces, NM. If several companies are displayed, we recommend you visit two to three different companies in order to get a fair rate comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Explorer XLT 2WD||$238||$404||$338||$20||$102||$1,102||$92|
|Explorer Eddie Bauer 2WD||$196||$272||$328||$20||$98||$914||$76|
|Explorer XLT 4WD||$284||$344||$422||$24||$126||$1,200||$100|
|Explorer XLT AWD||$174||$286||$364||$22||$108||$954||$80|
|Explorer Eddie Bauer 4WD||$254||$416||$434||$26||$130||$1,260||$105|
|Explorer Eddie Bauer AWD||$356||$500||$422||$24||$126||$1,428||$119|
|Explorer Limited 2WD||$196||$348||$364||$22||$108||$1,038||$87|
|Explorer Limited 4WD||$220||$382||$418||$24||$126||$1,170||$98|
|Explorer Limited AWD||$178||$288||$310||$18||$92||$886||$74|
|Get Your Own Custom Quote Go|
Data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and New Mexico minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, safe-driver, and homeowner. Premium amounts do not factor in specific garaging location which can raise or lower price quotes greatly.
Gender-based car insurance rates in Las Cruces
The chart below shows the comparison of Ford Explorer insurance costs for male and female drivers. The information is based on no claims or driving citations, full physical damage coverage, $500 deductibles, single marital status, and no discounts are factored in.
Policy deductible comparison
The example below demonstrates how deductibles and can influence Ford Explorer premium costs for different age categories. The rates are based on a married male driver, full physical damage coverage, and no other discounts are factored in.
Car insurance quotes and discounts
Auto insurance companies don't always advertise every discount in a way that's easy to find, so the following list contains both the well known and the harder-to-find credits available to lower your premiums when you buy Las Cruces auto insurance online.
- Discounts for Good Drivers - Safe drivers can get discounts for up to 45% lower rates than less cautious drivers.
- Home Ownership Discount - Owning a home in Las Cruces can save a few bucks because owning a home demonstrates responsibility.
- Accident Forgiveness - Not really a discount, but companies like State Farm and Progressive permit an accident before your rates go up as long as you don't have any claims for a particular time prior to the accident.
- Senior Citizen Rates - Older drivers are able to get a discount up to 10%.
- Air Bags and Passive Restraints - Cars that have air bags and/or automatic seat belt systems could see savings of 25 to 30%.
It's important to note that many deductions do not apply to the entire cost. Most cut individual premiums such as collision or personal injury protection. So even though you would think all those discounts means the company will pay you, it's just not the way it works. Any qualifying discounts will help lower your car insurance premiums.
A partial list of companies who may offer these money-saving discounts are:
Double check with every prospective company which credits you are entitled to. Some discounts may not be available in Las Cruces. To choose insurance companies that offer multiple discounts in New Mexico, click here to view.
Components of Your Ford Explorer Insurance Costs
Part of the insurance buying process is learning the rating factors that help determine your premiums. When consumers understand what determines base rates, this allows you to make educated decisions that could result in lower premium levels. Many factors are used in the calculation when pricing auto insurance. A few of the factors are predictable like your driving record, but other factors are not quite as obvious like where you live or your vehicle rating.
Listed below are most of the major factors used by insurance companies to determine prices.
Age of drivers - Young drivers in New Mexico are statistically shown to be less responsible when driving with friends so insurance rates are higher. Parents adding a first-time driver to your policy will cause a huge premium hike. Older people are shown to be more cautious, tend to file fewer claims, and are generally more financially stable.
Premiums may be lower depending on your job - Occupations like doctors, architects and dentists usually pay higher premiums than the average policyholder in part from high stress and lengthy work days. Other professions such as farmers, students and homemakers have the lowest average rates.
If you don't need it don't buy it - There are a ton of additional coverages that can waste your money on your Explorer policy. Insurance for things like personal injury protection, towing, and additional equipment coverage may be wasting your money. The coverages may be enticing when buying your policy, but if you don't need them eliminate them to save money.
High comp and collision deductibles lower costs - Physical damage insurance, commonly called comprehensive (or other-than-collision) and collision coverage, protects your Ford from damage. A few examples of covered claims could be a broken side mirror, collision with an animal, and having your car stolen. Your deductibles define the amount you are willing to pay in the event of a claim. The more you're willing to pay, the lower your rates will be.
Insurance losses for a Ford Explorer - Car insurance companies factor in insurance loss information when determining insurance rates. Models that the data shows to have higher frequency or amount of claims will have a higher cost to insure.
The information below illustrates the actual insurance loss data for Ford Explorer vehicles. For each coverage type, the statistical loss for all vehicles, regardless of make, model or trim level, is a value of 100. Percentage values below 100 indicate a favorable loss history, while numbers above 100 indicate a higher chance of having a claim or tendency to have larger claims.
Ford Explorer Insurance Claim Statistics
|Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Ford Explorer 4dr 2WD||80||90||79||75||70||82|
|Ford Explorer 4dr 4WD||94||94||97||75||70||85|
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Buying from auto insurance agents
Certain consumers would rather talk to a local agent and that can be a smart move Most agents can help you choose the best coverages and help file insurance claims. An additional benefit of comparing insurance prices online is the fact that drivers can get the best rates and also buy local.
By using this quick form, the coverage information is sent to agents in your area who will give you quotes and help you find cheaper coverage. You don't have to find an agent on your own due to the fact that quote results will go to you instantly. If you need to compare prices for a specific company, don't hesitate to visit that company's website to submit a rate quote request.
Picking the best insurer shouldn't rely on just a cheap price quote. Here are some questions to ask:
- Can they provide you with a list of referrals?
- Is the agent CPCU or CIC certified?
- Do the coverages you're quoting properly cover your vehicle?
- Does their agency support local causes in Las Cruces?
- Can glass claims be handled at your home?
- Can you choose the body shop in case repairs are needed?
- Does the agency have a good rating with the Better Business Bureau?
- Which insurance companies are they affiliated with?
Shown below is a list of car insurance companies in Las Cruces that may be able to provide rate quotes for Ford Explorer insurance in Las Cruces.
Bernal Insurance Group
1591 E Lohman Ave Ste 2 - Las Cruces, NM 88001 - (575) 525-2886 - View Map
Your insurance coverage should be tailored to you
When it comes to buying the best insurance coverage, there really is not a cookie cutter policy. Every insured's situation is different.
For instance, these questions can help discover whether or not you might need professional guidance.
- Am I covered if I hit someone who is not insured?
- What does PIP insurance cover?
- Is my camper covered by my car insurance policy?
- Am I better off with higher deductibles on my Ford Explorer?
- How can I find cheaper teen driver insurance?
- How can I get the company to pay a claim?
- Should I bundle my homeowners policy with my auto?
- Is there a penalty for late payment?
If it's difficult to answer those questions, you may need to chat with a licensed agent. To find an agent in your area, fill out this quick form. It's fast, free and you can get the answers you need.
Don't listen to company ads
Consumers constantly see and hear ads that claim the lowest premium rates from the likes of 21st Century, Allstate and State Farm. All the companies make an identical promise of big savings if you change your policy.
How can each company charge less that you're paying now? This is the trick they use.
Most companies have strict underwriting profiles for the right customer they prefer to insure. For example, a profitable customer could possibly be between 30 and 50, owns a home, and does not commute to work. A driver who fits that profile will get very good Las Cruces premium rates and therefore will pay quite a bit less when switching companies.
Potential customers who may not quite match this ideal profile may be required to pay a more expensive rate and the prospect going elsewhere. Company advertisements say "people who switch" but not "all drivers who get quotes" save money. That's why insurance companies can claim big savings. Because every company is different, it's extremely important to compare many company's premium rates. It's not possible to predict the company that will have the lowest Ford Explorer insurance in Las Cruces.
Find cheaper rates by being thorough
Cost effective Ford Explorer insurance is definitely available from both online companies and also from your neighborhood Las Cruces agents, so you should compare both so you have a total pricing picture. There are still a few companies who do not offer internet price quotes and these regional insurance providers provide coverage only through independent agents.
When searching for affordable Las Cruces auto insurance quotes, do not reduce coverage to reduce premium. In many cases, an accident victim reduced collision coverage to discover at claim time that the few dollars in savings costed them thousands. Your strategy should be to buy a smart amount of coverage for the lowest cost while still protecting your assets.
You just read some good ideas how you can lower your Ford Explorer insurance rates in Las Cruces. The key concept to understand is the more rate comparisons you have, the more likely it is that you will get a better rate. Consumers may even find the best rates are with the least-expected company.
Much more information about car insurance in New Mexico can be read at these links:
- Medical Payments Coverage (Liberty Mutual)
- What Car Insurance is Cheapest in Albuquerque, New Mexico? (FAQ)
- What Car Insurance is Cheapest in Roswell, New Mexico? (FAQ)
- What Auto Insurance is Cheapest in Farmington, New Mexico? (FAQ)
- Who Has Cheap Auto Insurance for a Toyota Tundra in New Mexico? (FAQ)
- How Much are Auto Insurance Quotes for Used Cars in New Mexico? (FAQ)
- What is Covered by an Auto Insurance Policy? (Insurance Information Institute)
- Safety Belts FAQ (iihs.org)
- Five Tips to Save on Auto Insurance (Insurance Information Institute)
- What is a Telematics Device? (Allstate)