Buying the cheapest coverage for a Ford Explorer in New Jersey depends on a very complex rating algorithm that uses multiple factors such as your birth date, your credit status, and citations on your driving record. Drivers in New Jersey will pay around $1,593 each year for Explorer insurance, but that cost is an approximation calculated using a 30-year-old married female driver with both comprehensive and collision coverage and $100 deductibles.
The issue with using an average estimated rate is the likelihood you’re not a 30-year-old female, you might be single instead of married, and maybe your Explorer just needs liability-only coverage. Even a slight change in rating variables or coverage information can make a large difference in the policy rate.
Every driver’s needs are different, and that is why the only way to find affordable rates for your Ford is to do the rate comparisons yourself.
Vehicle trim level tends to impact the coverage cost, so the price you pay to insure a Explorer XLT 2WD model will be $180 cheaper than the price to insure the more costly Explorer Limited AWD model, as demonstrated by the prices below.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Explorer XLT 2WD | $402 | $602 | $490 | $30 | $146 | $1,670 | $139 |
| Explorer Eddie Bauer 2WD | $402 | $602 | $490 | $30 | $146 | $1,670 | $139 |
| Explorer XLT 4WD | $402 | $602 | $490 | $30 | $146 | $1,670 | $139 |
| Explorer XLT AWD | $402 | $602 | $490 | $30 | $146 | $1,670 | $139 |
| Explorer Eddie Bauer 4WD | $452 | $732 | $490 | $30 | $146 | $1,850 | $154 |
| Explorer Eddie Bauer AWD | $452 | $732 | $490 | $30 | $146 | $1,850 | $154 |
| Explorer Limited 2WD | $452 | $732 | $490 | $30 | $146 | $1,850 | $154 |
| Explorer Limited 4WD | $452 | $732 | $490 | $30 | $146 | $1,850 | $154 |
| Explorer Limited AWD | $452 | $732 | $490 | $30 | $146 | $1,850 | $154 |
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Prices based on married female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and New Jersey minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, homeowner, and multi-vehicle. Estimates do not factor in vehicle location which can affect rates greatly.
Ending up with a highly-rated auto insurance company can be difficult considering how many choices there are in Jersey City. The ranking information below could help you choose which auto insurers to look at shopping prices with. These ratings include the companies with a significant amount of written premium nationwide, so companies that only write business in New Jersey or surrounding areas are not factored into this list.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| Mercury Insurance | 87 | 96 | 100 | 87% | A+ | 93.4 |
| The Hartford | 88 | 96 | 91 | 93% | A+ | 92.6 |
| Progressive | 84 | 94 | 99 | 90% | A+ | 92.4 |
| Travelers | 84 | 93 | 100 | 87% | A++ | 92.3 |
| State Farm | 84 | 93 | 95 | 87% | A++ | 91 |
| Farmers Insurance | 87 | 92 | 90 | 85% | A | 90.6 |
| Safeco Insurance | 85 | 91 | 87 | 86% | A | 88.4 |
| USAA | 71 | 93 | 98 | 87% | A++ | 88 |
| GEICO | 73 | 93 | 95 | 85% | A++ | 87.1 |
| 21st Century | 85 | 85 | 91 | 89% | A | 86.9 |
| Liberty Mutual | 72 | 91 | 97 | 83% | A | 86.4 |
| AAA Insurance | 85 | 85 | 88 | 86% | A | 85.8 |
| Nationwide | 71 | 90 | 93 | 83% | A+ | 84.9 |
| Allstate | 69 | 92 | 92 | 83% | A+ | 84.4 |
| American Family | 77 | 96 | 80 | 85% | A | 83.8 |
| Esurance | 70 | 80 | 89 | 77% | A+ | 79.2 |
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Data Source: Insure.com Best Car Insurance Companies
The example below demonstrates how choosing different deductibles can raise or lower insurance premiums when researching cheap insurance for a Ford Explorer. The rates are based on a single female driver, comp and collision included, and no discounts are taken into consideration.
In the chart above, a 40-year-old driver could lower their policy premium by $398 a year by changing from a $100 deductible up to a $500 deductible, or save $604 by choosing a $1,000 deductible. Youthful drivers, like the age 20 example, could lower their rates as much as $998 or more by choosing larger deductibles on their policy. When insureds make the decision to increase the deductibles on their policy, it will be necessary to have enough savings set aside to satisfy the extra out-of-pocket expense, which deters some people from using high deductibles.
Auto insurance rates are higher with tickets and accidents
The easiest method to snag low auto insurance rates for an Explorer is to pay attention while driving and avoid at-fault accidents and violations. The information below highlights how traffic violations and at-fault fender-benders impact insurance prices for each different age category. The price estimates are based on a single female driver, comp and collision included, $250 deductibles, and no discounts are applied.
In the example above, the average cost of an auto insurance policy in New Jersey per year with a clean driving record and no accidents is $2,888. Get one speeding ticket and the average cost increases to $3,274, an increase of $386 each year. Now include two accidents along with the one speeding ticket and the yearly cost of auto insurance for a Ford Explorer jumps again to an average of $6,559. That’s an increase of $3,671, or $306 per month, just for being a less-than-perfect driver!
How to find economical auto insurance for a Ford Explorer
Lowering your rates is not difficult, and here are some of the recommended money-saving suggestions that can help you find low-cost coverage.
- Do not get into accidents that are your fault
- Maintaining good credit helps earn cheaper rates
- Do not get tickets
- Claim-free policyholders usually earn a discount
- Safe vehicles cost less to insure
- Ensure you have the best deal by shopping around regularly
That last idea is especially vital, as was discussed in this piece. Rates in Jersey City fluctuate constantly, so drivers shouldn’t hesitate to switch companies if a better rate can be found. Many drivers prefer to stick with one company, but it’s not a good idea if your bullheadedness ends up costing you money that could be going to better use. Now is a great time to compare rates and find cheaper auto insurance for a Ford Explorer.
The insurance agents in Jersey City listed below can help you decide which coverages and limits you need, since lots of drivers aren’t clear which coverage they need and would like to get some help when comparing insurance rates for a Ford Explorer. It can be hard to find the best coverage yourself, and a licensed agent can provide peace of mind knowing you have enough protection.
To find an agent in your neighborhood, click the link at the bottom.
- Preferred Choice Insurance Agency
225 Newark Ave – Jersey City, NJ 07302 – (201) 616-7644 - Alberto Santana – State Farm Insurance Agent
1755 John F. Kennedy Blvd – Jersey City, NJ 07305 – (201) 332-3344 - ABL Insurance Services
910 Bergen Ave # 307 – Jersey City, NJ 07306 – (201) 222-1314 - Dieugrand Insurance
582 West Side Ave – Jersey City, NJ 07304 – (201) 209-1306 - Coe Insurance
2330 John F. Kennedy Blvd – Jersey City, NJ 07304 – (201) 435-4300