To save the most money, the best way to get more affordable Ford Explorer Sport Trac insurance in Anchorage is to compare prices at least once a year from different companies who provide car insurance in Alaska.
Step 1: Try to learn about how companies set rates and the measures you can control to keep rates in check. Many rating factors that increase rates like speeding and a less-than-favorable credit score can be rectified by making lifestyle changes or driving safer.
Step 2: Compare rates from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only provide price estimates from a single company like Progressive or Allstate, while agents who are independent can provide rate quotes from multiple insurance companies.
Step 3: Compare the new rate quotes to your current policy premium to determine if you can save on Explorer Sport Trac insurance. If you find a lower rate and make a switch, ensure there is no coverage lapse between policies.
The most important part of shopping around is to try to compare the same deductibles and limits on each quote and and to get prices from all possible companies. Doing this helps ensure a level playing field and the best price quote selection.
Regrettably, the vast majority of auto insurance customers in Alaska kept buying from the same company for over three years, and nearly 40% of drivers have never shopped around. American insurance shoppers could save almost $860 a year by just comparing quotes, but they don’t want to take the time to compare rates and save money.
If you currently have auto insurance, you stand a good chance to be able to shop for the lowest rates using the ideas you’re about to read. Comparing rates for the lowest cost protection in Anchorage is not as confusing as people think. But Alaska vehicle owners need to learn the way insurance companies determine what you pay and take advantage of how the system works.
Slash your car insurance rates with these eight discounts
Some insurance providers do not list the complete list of policy discounts very clearly, so the next list breaks down some of the more common as well as the least known car insurance savings. If you do not check that you are getting every discount possible, you are just wasting money.
- Discount for Home Ownership – Just owning your own home may trigger a policy discount on car insurance because it requires personal responsibility.
- Multiple Cars – Buying insurance for all your vehicles with one company can reduce rates for all insured vehicles.
- Drivers Education – Cut your cost by having your teen driver complete a driver education course in school or through a local driver safety program.
- Student Discounts – Getting good grades may save as much as 25% on a Anchorage auto insurance quote. Many companies even apply the discount to college students until age 25.
- Multiple Policy Discount – When you have multiple policies with one insurance company you could get a discount of up to 20% off your total Explorer Sport Trac insurance premium.
- Passive Restraint Discount – Factory air bags or automatic seat belts may get savings of 20% or more.
- Payment Discounts – If you pay your bill all at once rather than spreading payments over time you can actually save on your bill.
- Auto/Life Discount – Insurance carriers who offer life insurance give a small discount if you purchase some life insurance too.
As a sidenote, some credits don’t apply to your bottom line cost. The majority will only reduce the price of certain insurance coverages like comprehensive or collision. So even though they make it sound like you can get free auto insurance, companies wouldn’t make money that way.
The example below illustrates the difference between Ford Explorer Sport Trac premium costs with and without some available policy discounts. The data is based on a male driver, no violations or claims, Alaska state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-policy, claim-free, multi-car, safe-driver, and marriage discounts applied.
The best car insurance companies and their offered discounts can be found below.
- Progressive may include discounts for multi-vehicle, good student, multi-policy, continuous coverage, and homeowner.
- GEICO has discounts for military active duty, defensive driver, multi-policy, good student, anti-lock brakes, five-year accident-free, and membership and employees.
- State Farm offers discounts for defensive driving training, safe vehicle, good driver, passive restraint, multiple policy, Steer Clear safe driver discount, and anti-theft.
- Esurance policyholders can earn discounts including safety device, online quote, homeowner, online shopper, and Switch & Save.
- The Hartford may offer discounts for good student, vehicle fuel type, anti-theft, driver training, and defensive driver.
Before buying, ask every company what discounts are available to you. Some credits might not be offered on policies in Anchorage. To find providers that have a full spectrum of discounts in Anchorage, click this link.
There are several ways to compare prices from many available auto insurance companies in Alaska. The simplest method to find competitive Ford Explorer Sport Trac insurance rates involves getting comparison quotes online.
Keep in mind that obtaining a wide range of quotes will increase your chances of finding the best rates. Some companies don’t provide online rate quotes, so it’s important to compare rates from those companies as well.
The car insurance companies shown below have been selected to offer quotes in Alaska. If multiple companies are listed, it’s highly recommended you get rates from several of them to find the lowest car insurance rates.
Ford Explorer Sport Trac coverage statistics
The coverage information shown next covers different insurance rates for Ford Explorer Sport Trac models. Understanding more about how prices are calculated can help guide drivers when making informed decisions when comparing rate quotes.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Explorer Sport Trac XLT 2WD||$160||$296||$262||$16||$78||$812||$68|
|Explorer Sport Trac Limited 2WD||$182||$296||$262||$16||$78||$834||$70|
|Explorer Sport Trac XLT 4WD||$182||$296||$262||$16||$78||$834||$70|
|Explorer Sport Trac Limited 4WD||$206||$360||$262||$16||$78||$922||$77|
|Explorer Sport Trac Limited AWD||$206||$360||$262||$16||$78||$922||$77|
|Get Your Own Custom Quote Go|
Data based on married male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Alaska minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, safe-driver, and multi-vehicle. Table data does not factor in vehicle garaging location which can impact premium rates greatly.
Insurance prices based on gender
The information below visualizes the comparison of Ford Explorer Sport Trac insurance premiums for male and female drivers. The data is based on no claims or driving violations, comp and collision included, $100 deductibles, marital status is single, and no other discounts are factored in.
What insurance coverages do I need?
Always remember that when buying proper insurance coverage for your personal vehicles, there really is not a best way to insure your cars. Coverage needs to be tailored to your specific needs.
For instance, these questions might point out whether or not you may require specific advice.
- Is a fancy paint job covered?
- Do all my vehicles need collision coverage?
- At what point should I drop full coverage?
- Can I afford to buy a different vehicle if my Ford Explorer Sport Trac is totaled?
- Is my nanny covered when transporting my kids?
- Are there any extra discounts I can get?
If it’s difficult to answer those questions but you think they might apply to your situation then you might want to talk to an insurance agent. If you don’t have a local agent, take a second and complete this form.
Local Anchorage insurance agencies and insurance
Some consumers just want to buy from a local agent and doing so can bring peace of mind The biggest benefit of comparing rates online is you may find the lowest rates but also keep your business local.
To make it easy to find an agent, after completing this quick form, the quote information is instantly submitted to agents in your area who will return price quotes to get your business. You won’t even need to search for any insurance agencies since price quotes are sent straight to your inbox. You can find lower rates without requiring a lot of work. If you wish to get a comparison quote from a specific company, don’t hesitate to navigate to their website and fill out their quote form.
Picking a provider should include more criteria than just the quoted price. Any agent in Anchorage should have no problem answering these questions:
- Do you need full coverage on every vehicle?
- Will the quote change when the policy is issued?
- How much experience to they have in personal lines coverages?
- Where would glass claims be handled in Anchorage?
- Are all drivers listed on the coverage quote?
- Does the agency provide any after hours assistance?
- What company holds the largest book of business for them?
- Do they have any clout with companies to ensure a fair claim settlement?
How to choose the best auto insurance agent in Anchorage
If you want to buy insurance from a local agent, it helps to know the two types of insurance agents from which to choose. Insurance policy providers can be categorized as either independent agents or exclusive agents depending on their employer.
Agents that elect to be exclusive can only quote rates from one company like American Family, State Farm, and Allstate. They are unable to provide rate quotes from other companies so always compare other rates. These agents receive extensive training on the products they sell which helps them sell on service rather than price. Consumers often choose to use a exclusive agent mainly due to the prominence of the brand rather than low price.
Listed below is a short list of exclusive agencies in Anchorage willing to provide rate quotes.
- Stacey Roy – State Farm Insurance Agent
9220 Lake Otis Pkwy Ste A6 – Anchorage, AK 99507 – (907) 345-0505 – View Map
- Amanda Juliussen – State Farm Insurance Agent
5600 Debarr Road Ste 140 – Anchorage, AK 99504 – (907) 333-4131 – View Map
- Allstate Insurance: Devery Prince Agency Team
401 E Fireweed Ln Ste 200 – Anchorage, AK 99503 – (907) 279-9000 – View Map
Independent Insurance Agents
Independent agencies are not employed by one company so they have the ability to put coverage through many companies and potentially find a lower price. If they quote lower rates, your agent can switch companies and you can keep the same agent.
When comparing rates, you need to check rates from several independent agencies to maximize your price options. They also have the ability to place coverage with smaller companies who may have lower rates.
The following is a short list of independent agencies in Anchorage that are able to give price quotes.
- Safeco Insurance
500 W 36th Ave #210 – Anchorage, AK 99503 – (907) 770-2400 – View Map
- Alaska Service Agency
6901 Debarr Road #201 – Anchorage, AK 99504 – (907) 337-2311 – View Map
- Marsh Mc Lennan Agency
1031 W 4th Ave #400 – Anchorage, AK 99501 – (907) 276-5617 – View Map
After you get positive feedback and a good coverage price, it’s possible that you found an auto insurance agent that can be trusted to service your policy. But remember, it’s your coverage and you can cancel a policy whenever you choose to so don’t feel that you’re stuck with the insurance policy for the full policy term.
Auto insurance does more than just repair your car
Despite the potentially high cost of Ford Explorer Sport Trac insurance, buying auto insurance is not optional due to several reasons.
First, just about all states have mandatory insurance requirements which means you are required to buy a minimum amount of liability insurance coverage in order to drive the car legally. In Alaska these limits are 50/100/25 which means you must have $50,000 of bodily injury coverage per person, $100,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
Second, if you have a lien on your Ford Explorer Sport Trac, it’s guaranteed your bank will make it a condition of the loan that you buy insurance to protect their interest in the vehicle. If you default on your policy, the bank or lender will purchase a policy for your Ford at an extremely high rate and require you to fork over for it.
Third, auto insurance protects both your assets and your vehicle. It will also pay for many types of medical costs that are the result of an accident. As part of your policy, liability insurance will also pay for a defense attorney if you are sued as the result of your driving. If damage is caused by hail or an accident, comprehensive and/or collision insurance will cover the damage repairs after a deductible is paid.
The benefits of carrying adequate insurance definitely exceed the cost, especially with large liability claims. Today the average American driver overpays as much as $810 a year so compare rates every year to ensure rates are competitive.
Auto insurance coverage information
Having a good grasp of a insurance policy aids in choosing the right coverages at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring.
Comprehensive insurance – This coverage pays for damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive insurance covers things such as damage from flooding, hitting a deer, hail damage and falling objects. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.
Collision – Collision coverage covers damage to your Explorer Sport Trac resulting from colliding with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.
Collision can pay for things such as hitting a mailbox, damaging your car on a curb, colliding with another moving vehicle and backing into a parked car. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to raise the deductible on your Explorer Sport Trac to bring the cost down.
Liability auto insurance – Liability insurance provides protection from damage that occurs to a person or their property. It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show limits of 50/100/25 which means $50,000 bodily injury coverage, $100,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property.
Liability can pay for things such as bail bonds, legal defense fees, medical services and repair costs for stationary objects. How much coverage you buy is your choice, but it’s cheap coverage so purchase as much as you can afford. Alaska requires drivers to carry at least 50/100/25 but it’s recommended drivers buy more liability than the minimum.
The chart below shows why buying the state minimum limits may not be adequate coverage.
Coverage for medical expenses – Coverage for medical payments and/or PIP pay for bills like funeral costs, surgery, rehabilitation expenses and EMT expenses. The coverages can be used in conjunction with a health insurance plan or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. PIP coverage is only offered in select states and may carry a deductible
Coverage for uninsured or underinsured drivers – Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and also any damage incurred to your Ford Explorer Sport Trac.
Because many people carry very low liability coverage limits (which is 50/100/25), their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important.
Anchorage auto insurance company ratings
Insuring your vehicle with a good quality car insurance provider can be difficult considering how many companies sell coverage in Alaska. The rank data listed below could help you pick which auto insurance companies to look at comparing rate quotes with.
Top 10 Anchorage Car Insurance Companies by A.M. Best Rank
- USAA – A++
- State Farm – A++
- GEICO – A++
- Esurance – A+
- Allstate – A+
- Progressive – A+
- The Hartford – A+
- The General – A-
- AAA Insurance – A
- Liberty Mutual – A
Top 10 Anchorage Car Insurance Companies Ranked by Value
- American Family
- The Hartford
- The General
- State Farm
- AAA Insurance
- 21st Century
Cover all your bases
Some auto insurance companies may not provide price quotes online and these smaller companies only sell coverage through independent agents. Budget-conscious Ford Explorer Sport Trac insurance can be sourced from both online companies and also from your neighborhood Anchorage agents, and you need to comparison shop both to have the best selection.
We’ve covered many ways to find affordable Ford Explorer Sport Trac insurance in Anchorage. It’s most important to understand that the more rate comparisons you have, the better chance you’ll have of finding cheaper Anchorage auto insurance quotes. Consumers could even find that the lowest car insurance rates come from a company that doesn’t do a lot of advertising.
When shopping online for auto insurance, never skimp on critical coverages to save a buck or two. In many cases, an accident victim reduced liability coverage limits only to regret they didn’t have enough coverage. Your strategy should be to buy enough coverage at the lowest possible cost while still protecting your assets.
To read more, link through to the following helpful articles:
- How to Avoid Staged Accidents (State Farm)
- How Much are Car Insurance Rates for a Jeep Grand Cherokee in Anchorage? (FAQ)
- What Auto Insurance is Cheapest for 16 Year Olds in Anchorage? (FAQ)
- Auto Insurance 101 (About.com)
- Credit and Insurance Scores (Insurance Information Institute)
- Side Impact Crash Tests (iihs.org)
- What does Personal Injury Protection (PIP) Cover? (Allstate)