Is a Ford Explorer expensive to insure?

Ford Explorer car insurance rates sit close to the national average. To compare the two, it costs an average of $212 per month to insure the Explorer at full coverage, while nationally, full coverage costs $223 monthly.

How can I lower Ford Explorer insurance costs?

There are other ways lower car insurance costs besides slashing your coverage limits. In fact, lowering your coverage limits or getting rid of add-ons could actually cost you more in the long run. If you're in a pinch, consider raising your deductible. You'll end up paying more out-of-pocket if you need to file a claim, but it could be a good option to lower your premium if you can afford the higher expense in the event of an incident.

Is $200 a month a lot for car insurance?

It will ultimately depend on your budget, but comparing to the national average cost of insurance can help you better gauge what's “normal.” On average, it costs $67 per month for a minimum coverage car insurance policy, and $223 a month for full coverage.

Car Insurance for Ford Explorer

How much does it cost to insure a Ford Explorer?

According to Bankrate's analysis of average rates from Quadrant Information Services, Ford Explorer owners pay an average of $2,539 per year to insure their SUV at full coverage, and $817 for minimum coverage. This is close to the national average cost of car insurance, which is $2,677 per year for full coverage and $807 for minimum coverage.

That said, your insurance bill will likely be different. The cost of auto insurance varies based on a host of rating factors, like the cost of repairs, your vehicle's safety features and how well a car does in an accident. Your car insurance rates will also depend on things specific to you, like your driving record, age, credit history and insurance history.

$2,539 Avg annual full coverage
insurance premium

$817 Avg annual min coverage
insurance premium

2025 MSRP: Starting at $39,785

2025 Trims: Active, ST-Line, Platinum and ST

Repair costs

The Explorer has slightly above-average repair costs, but it's generally not considered expensive to own. According to RepairPal, the Ford Explorer has average annual repair costs of $732 — slightly higher than the $573 yearly average for a midsize SUV and the $652 average for all cars. Insurance companies often consider repair costs when setting rates, and lower repair costs usually lead to lower insurance premiums.

Safety features

For 2025, the Ford Explorer comes with a suite of built-in safety features like lane-keeping assistance and evasive steering assist. Higher trims come with the more advanced Ford Co-Pilot360 Assist 2.0, which includes a 360-degree camera and front parking sensors. Safety features are something of a catch-22 with insurance pricing: high-tech safety features can make accidents less likely, which should bring insurance costs down. However, they could potentially increase insurance costs due to higher repair costs.

Crash ratings

Organizations like the National Highway Traffic Safety Administration (NHTSA) and the Insurance Institute for Highway Safety (IIHS) measure how well a vehicle performs in an accident. The 2025 Explorer received top marks from both organizations; the SUV got 5 stars from the NHTSA and received a favorable rating from the IIHS in most categories. The 2024 iteration of the Explorer was named a Top Safety Pick Plus by the IIHS, while the 2023 version was a Top Safety Pick. Vehicles that fare better in accidents tend to cost less to insure.

Cheapest car insurance companies for a Ford Explorer

The cheapest car insurance company for you may be different from someone else's cheapest option. That's because each car insurance company uses its own method to determine what you pay. So, while insurance companies, for the most part, look at the same factors, how they're weighed could change. That's why insurance experts recommend comparing quotes before you buy a policy.

How much does it cost to insure my Ford Explorer?

To help get the comparison process started, Bankrate's insurance editorial team picked some affordable Ford Explorer car insurance from some top providers.

2023 Ford Explorer car insurance premium by carrier


Auto-Owners	Auto-Owners	$1,799	$1,799	- $740	- $740
USAA	USAA	$2,208	$2,208	- $331	- $331
Nationwide	Nationwide	$1,680	$1,680	- $859	- $859
Farm Bureau	Farm Bureau	$2,138	$2,138	- $401	- $401
Progressive	Progressive	$2,138	$2,138	- $401	- $401

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This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

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Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

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Advertising disclosure

This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

Insurance disclosure

Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.

Other car insurance coverage for a Ford Explorer

In every state (save for New Hampshire), you'll need to have a car insurance policy in order to register your vehicle. Your insurance policy must, at the very least, meet your state's minimum requirements. However, minimum coverage often doesn't offer drivers enough financial protection after an accident. To broaden your coverage, consider these add-ons:

Comprehensive coverage: With this on your policy, you can file a claim for non-accident-related losses like weather damage, vehicle theft and hitting an animal.
Collision coverage: If you cause an accident, collision coverage can help pay for your vehicle's repairs.
Rental car reimbursement: The average claim cycle time is almost 19 days, according to J.D. Power. A rental car reimbursement can help you pay for a rental while your vehicle undergoes repairs from a covered claim.

How to get a Ford Explorer car insurance quote

You can get an insurance quote for your car online, over the phone or in person, depending on the insurer. If you're in the market for a new vehicle, comparing quotes before you sign on the dotted line can help you determine how different models would fit into your budget. Here’s a step-by-step guide to gathering and comparing quotes:

Gather personal details: You’ll likely be asked to provide your name, address, date of birth and driver’s license number, as well as the make, model and year of your car — and potentially the vehicle identification number (VIN). If you haven't purchased a car yet, you may be able to get sample quotes by providing an agent with the make and model.
Use online quote tools: To expedite the process of shopping around, you might consider using comparison websites or apps that allow you to get quotes from multiple insurers at once. Alternatively, go directly to insurance company websites and use their online quote tools to receive personalized quotes.
Provide driver details and mileage: You could be asked for specific details about your vehicle, including add-on features or modifications. You might also need to provide your average annual mileage and how the vehicle is primarily used (e.g., for business purposes or personal use). Additionally, you’ll need to provide accurate information about all drivers who will be covered by the policy, including their driving history, age and relationship to you.
Review quotes: Compare the quotes you receive, paying attention to coverage options, limits, deductibles and overall cost. Insurance experts also recommend reviewing customer service scores, financial strength ratings, digital tools and customer reviews to get a holistic view of how a carrier will meet your needs.
Select carrier and apply: Choose the insurance policy that best fits your needs and budget. Complete the application process by providing any additional required information and making your first premium payment.

Compare Explorer with other similar cars

Ford Explorer Avg annual full coverage premium $2,539 Read More	Kia Telluride Avg annual full coverage premium $2,568 See more models	Toyota Highlander Avg annual full coverage premium $2,566 Read More
Price (MSRP)
$39,785	$36,390	$39,820
NHTSA Safety rating The NHTSA uses a 5-star rating program to evaluate how vehicles perform in crash tests based on frontal, side and rollover collisions.
5 stars	5 stars	5 stars
Gas mileage
20-24 combined city/highway mpg	20-22 combined city/highway mpg	24-35 combined city/highway mpg
IIHS/HLDI Collision insurance losses The IIHS and HLDI collect data on how insurance losses for specific models compare to the average for all passenger vehicles. These results are adjusted for deductible and specifically for collision claim losses.
Average	Average	Average

Frequently asked questions

Ford Explorer car insurance rates sit close to the national average. To compare the two, it costs an average of $212 per month to insure the Explorer at full coverage, while nationally, full coverage costs $223 monthly.
There are other ways lower car insurance costs besides slashing your coverage limits. In fact, lowering your coverage limits or getting rid of add-ons could actually cost you more in the long run. If you're in a pinch, consider raising your deductible. You'll end up paying more out-of-pocket if you need to file a claim, but it could be a good option to lower your premium if you can afford the higher expense in the event of an incident.
It will ultimately depend on your budget, but comparing to the national average cost of insurance can help you better gauge what's “normal.” On average, it costs $67 per month for a minimum coverage car insurance policy, and $223 a month for full coverage.

Bankrate utilizes Quadrant Information Services to analyze July 2025 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Rates are weighted based on the population density in each geographic region. Quoted rates for our base profile are based on the following characteristics and full coverage limits with bundling and paperless billing discounts applied:

40 year old

Single male and female driver

2023 Toyota Camry

Primary vehicle

Good credit score

Clean driving record

Commutes 5 days

Bodily injury liability

$100,000 per person
$300,000 per accident

Property damage liability

$50,000 per accident

Personal injury protection

$100,000 per accident

Uninsured motorist bodily injury

$100,000 per person
$300,000 per accident

Collision deductible

$500

Comprehensive deductible

$500

To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. These are sample rates and should only be used for comparative purposes. Your quotes will differ.

If otherwise specified, the base profile has been modified with the following driver characteristics:

Other profiles

Rates were calculated based on the following insurance credit tiers assigned to our drivers: “poor, average, good (base) and excellent.” Insurance credit tiers factor in your official credit scores but are not dependent on that variable alone. Four states prohibit or limit the use of credit as a rating factor in determining auto insurance rates: California, Hawaii, Massachusetts and Michigan.
Rates were calculated by evaluating our base profile with the following incidents applied: clean record (base), at-fault accident, single speeding ticket, single DUI conviction and lapse in coverage.
Rates were calculated by evaluating our base profile with the following differences in mileage: 2K, 5K, 12K (base), 15K and 20K.
Unless otherwise stated, rates are for 2023 vehicle models. For new vs used vehicles, we included the following year in our calculations: 2013.
Rates were calculated by evaluating our base profile with the ages 18-70 (base: 40 years) applied. Depending on age, drivers may be a renter or homeowner. Age is not a contributing rating factor in Hawaii and Massachusetts due to state regulations. For teen drivers, rates were determined by adding a 16- or 17-year-old teen to their 40-year-old married parents' policy. The rates displayed reflect the total cost of a driver this age added to their parents’ policy.
The following states do not use gender as a determining factor in calculating premiums: California, Hawaii, Massachusetts, Michigan, North Carolina, Pennsylvania.
Rates were evaluated based on the following marital/family status: single (base), married, 40-year-old married man and woman. Marital status is not a rating factor in Hawaii and Massachusetts.