Finding cheaper auto insurance for a Ford Explorer in Kentucky doesn’t take a ton of time, but it relies on a whole bunch of rating criteria such as whether you are married or single, if you have recent claims, and your driving record. Drivers in Kentucky pay approximately $1,107 annually to insure their Explorer, but that amount is an estimation calculated based on a 30-year-old single female driver with full physical damage coverage and $500 deductibles.
But there is a high probability that you are not 30 years old and maybe not even female, possibly married instead of single, or maybe you live in a different area as the quoted rates. This demonstrates why the only way to find affordable rates for your Ford is to just take the time to compare rates yourself.
The trim level of your vehicle will influence the insurance rate, so the price you will pay to insure a Explorer XLT 2WD model will be $104 cheaper than the cost to insure the high end Explorer Limited AWD model, as shown in the chart below.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Explorer XLT 2WD | $228 | $346 | $440 | $26 | $132 | $1,172 | $98 |
| Explorer Eddie Bauer 2WD | $228 | $346 | $440 | $26 | $132 | $1,172 | $98 |
| Explorer XLT 4WD | $228 | $346 | $440 | $26 | $132 | $1,172 | $98 |
| Explorer XLT AWD | $228 | $346 | $440 | $26 | $132 | $1,172 | $98 |
| Explorer Eddie Bauer 4WD | $256 | $422 | $440 | $26 | $132 | $1,276 | $106 |
| Explorer Eddie Bauer AWD | $256 | $422 | $440 | $26 | $132 | $1,276 | $106 |
| Explorer Limited 2WD | $256 | $422 | $440 | $26 | $132 | $1,276 | $106 |
| Explorer Limited 4WD | $256 | $422 | $440 | $26 | $132 | $1,276 | $106 |
| Explorer Limited AWD | $256 | $422 | $440 | $26 | $132 | $1,276 | $106 |
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Data based on single female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Kentucky minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-vehicle, and multi-policy. Premium amounts do not factor in specific garaging location which can modify coverage prices noticeably.
Deciphering which companies quote the lowest-priced car insurance rates for a Ford Explorer involves a tad more effort in order to find the most economical policy. Each insurer has a different process to set premium rates, so we’ll take a look at the most affordable car insurance companies in Louisville, KY.
It’s a good idea to know that Louisville, KY car insurance rates are impacted by many things that may substantially change the price of your policy. Improving your credit rating, buying another vehicle, or getting a DUI can trigger price changes that can make some companies more affordable than competitors.
Best Cheap Insurance Rates for Your Explorer
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| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Cincinnati Insurance | $1,126 |
| 2 | Kentucky Farm Bureau | $1,139 |
| 3 | USAA | $1,211 |
| 4 | Auto-Owners | $1,371 |
| 5 | Motorists Mutual | $1,553 |
| 6 | Grange Mutual | $1,609 |
| 7 | Travelers | $1,680 |
| 8 | State Farm | $1,867 |
| 9 | Westfield | $1,888 |
| 10 | Safe Auto | $1,972 |
| 11 | Nationwide | $2,064 |
| 12 | Electric | $2,076 |
| 13 | Progressive | $2,140 |
| 14 | State Auto | $2,188 |
| 15 | Encompass | $2,312 |
| 16 | GEICO | $2,437 |
| 17 | Safeco | $2,681 |
| 18 | MetLife | $3,084 |
| 19 | Shelter | $3,263 |
| 20 | Liberty Mutual | $3,598 |
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Cincinnati Insurance generally has some of the lowest car insurance rates in Louisville at around $1,126 per year. Kentucky Farm Bureau, USAA, Auto-Owners, and Motorists Mutual also are some of the more affordable Louisville, KY insurance companies.
In this example, if you are a customer of USAA and switched to Cincinnati Insurance, you may see an annual premium reduction of roughly $85. Kentucky drivers with Auto-Owners could save as much as $245 a year, and Motorists Mutual policyholders might reduce rates by $427 a year.
If you want to see how much you could save, click here to start your free quote or click through to the companies below.
These rates are averaged across all ages of drivers and types of vehicles and do not take into consideration a specific vehicle garaging location for a Ford Explorer. So the company that is best for you may not even be in the top 21 companies in the list above. That points out the importance of why you need to compare rates from multiple companies using your own personal information and vehicle type.
How to get discounts on Louisville car insurance
Car insurance companies that offer cheap quotes for a Ford Explorer may additionally offer policy discounts that can reduce rates by 40% or more if you meet eligibility requirements. A few of the larger companies and a summarized list of policyholder discounts can be read below.
- Farm Bureau includes discounts for 55 and retired, youthful driver, renewal discount, safe driver, and good student.
- Liberty Mutual has discounts for teen driver discount, exclusive group savings, new move discount, new vehicle discount, safety features, newly married, and good student.
- State Farm offers discounts for student away at school, driver’s education, multiple autos, anti-theft, Steer Clear safe driver discount, defensive driving training, and multiple policy.
- Auto-Owners Insurance offers premium reductions for paid in full, multi-policy, safe vehicle, student away at school, anti-theft, and good student.
- GEICO may offer discounts for federal employee, anti-theft, emergency military deployment, defensive driver, military active duty, and multi-policy.
- SAFECO policyholders can earn discounts including teen safety rewards, accident prevention training, anti-theft, multi-car, bundle discounts, and anti-lock brakes.
The information below visualizes the comparison of auto insurance rates with and without policy discounts. The data is based on a female driver, no driving violations, no at-fault accidents, Kentucky state minimum liability limits, full physical damage coverage, and $100 deductibles.
The first bar for each age group shows premium with no discounts. The lower bar shows the rates with passive restraint, anti-theft, multiple vehicle, homeowner, defensive driving course, and safe-driver discounts applied. When discounts are applied, the average amount saved each year on car insurance for a Ford Explorer is 28% or $537.
The importance of comparing Explorer insurance rates
Louisville, KY car insurance rates are impacted by many factors which can significantly increase or decrease the cost of your policy. Simply having another birthday, filing a claim, or getting a ticket for careless driving can trigger changes in premium resulting in some rates now being cheaper than competitors. And not only may your rating factors change, but companies modify pricing multiple times each year in order to protect their financial rating. Unexpectedly high claims can cause a rate increase, while long-term profits can produce more affordable Explorer insurance rates.
For instance, the data below shows which company has the cheapest car insurance in Louisville, KY for a 45-year-old female driver with a clean driving record, no accidents, and a good credit history. If we estimate prices based on her current risk factors, Cincinnati Insurance might quote the best car insurance rates in Louisville at $1,686 a year. This is $457 less than the average rate paid by Kentucky drivers of $2,143. Kentucky Farm Bureau, USAA, Auto-Owners, and Motorists Mutual also make the list of the most affordable Louisville, KY auto insurance companies.
In this example, we will give the driver from above an at-fault accident, a little lower credit rating, and a speeding ticket. Due to the fact that each insurance company uses their own method to establish rates, comparing prices may result in a slightly different list of the cheapest Louisville car insurance companies as shown below.
Kentucky Farm Bureau now has the lowest price on auto insurance in Louisville, KY with Travelers, USAA, Westfield, and Cincinnati Insurance also being competitive. This example shows why it is so important to take the time to shop around to get the lowest auto insurance quotes for a Ford Explorer. Auto insurance prices can be determined by many factors and can decrease or increase without notice, so the most economical option when you bought your policy may now not even be in the top five.