Full coverage car insurance for a Ford Explorer ranges from $1,033 to $5,767 annually. Rates vary by model year, age, location, driving record, coverage level and insurer. This MoneyGeek article breaks down costs and highlights the best and cheapest providers.
Ford Explorer Insurance Cost
Updated: March 14, 2025
Key Takeaways
State Farm provides the most affordable minimum coverage across all Ford Explorer model years, averaging $474 annually.
The average annual cost of insuring a Ford Explorer is $616 for minimum coverage and $1,321 for full coverage.
To ensure the quality and extensive coverage of national rates, MoneyGeek analyzed 4,183 Ford Explorer insurance quotes from Quadrant Information Services.
Ford Explorer Insurance Rates
What Is the Average Ford Explorer Car Insurance Cost?
For a Ford Explorer, the average full coverage insurance cost is $110 per month or $1,321 per year, based on a 40-year-old male with a clean driving record. Minimum coverage costs around $51 monthly or $616 annually.
| Minimum Coverage | $616 |
| Full Coverage | $1,321 |
Ford Explorer Insurance Costs by Company
Ford Explorer insurance costs range from $1,064 to $1,880 annually, depending on age, model year and coverage level. The table below compares average Ford Explorer insurance rates with the averages for all vehicles from several national and mid-size providers.
| Allstate | $1,474 | $1,813 | -19% |
| Auto-Owners | $1,112 | $1,227 | -9% |
| Farmers | $1,578 | $1,958 | -19% |
| GEICO | $1,238 | $1,332 | -7% |
| Kemper | $1,880 | $2,214 | -15% |
| Nationwide | $1,365 | $1,590 | -14% |
| Progressive | $1,545 | $1,744 | -11% |
| State Farm | $1,094 | $1,270 | -14% |
| Travelers | $1,371 | $1,522 | -10% |
| USAA | $1,064 | $1,200 | -11% |
Read more: Best Car Insurance Companies
Cost of Insuring a Ford Explorer by Model Year
The year your Ford Explorer was produced can impact your insurance rates, with older vehicles typically costing less to insure. For example, a 2022 model has an annual full coverage rate of $1,484, while a 2009 model costs $1,168. Below are the average full and minimum coverage rates for every Explorer production year.
| 2022 | $609 | $1,484 |
| 2021 | $608 | $1,458 |
| 2020 | $593 | $1,438 |
| 2019 | $628 | $1,425 |
| 2018 | $636 | $1,406 |
| 2017 | $614 | $1,378 |
| 2016 | $640 | $1,349 |
| 2015 | $641 | $1,321 |
| 2014 | $616 | $1,295 |
| 2013 | $640 | $1,268 |
| 2012 | $637 | $1,242 |
| 2011 | $618 | $1,218 |
| 2010 | $648 | $1,193 |
| 2009 | $651 | $1,168 |
Ford Explorer Insurance Costs by Driver Age
Insurance rates for Ford Explorer drivers vary greatly by age. For example, 40-year-olds pay around $1,332 annually for full coverage, while 16-year-olds pay about $5,767. Below are the average minimum and full coverage rates for different ages.
| 16 | $2,880 | $5,767 |
| 17 | $2,339 | $4,701 |
| 18 | $2,037 | $4,132 |
| 19 | $1,445 | $2,945 |
| 20 | $1,297 | $2,676 |
| 21 | $1,030 | $2,163 |
| 22 | $939 | $1,987 |
| 23 | $871 | $1,855 |
| 24 | $826 | $1,765 |
| 25 | $734 | $1,579 |
| 26 | $714 | $1,527 |
| 27 | $697 | $1,494 |
| 28 | $685 | $1,471 |
| 29 | $675 | $1,451 |
| 30 | $652 | $1,400 |
| 35 | $634 | $1,357 |
| 40 | $627 | $1,332 |
| 45 | $622 | $1,315 |
| 50 | $607 | $1,275 |
| 55 | $591 | $1,241 |
| 60 | $592 | $1,237 |
| 65 | $628 | $1,289 |
| 70 | $683 | $1,380 |
| 75 | $759 | $1,512 |
| 80 | $860 | $1,684 |
| 85 | $930 | $1,806 |
| 90 | $981 | $1,890 |
Ford Explorer Insurance Rates Explained
Car insurance rates depend on driver profiles and vehicle-related factors. Below is a breakdown of key vehicle cost factors, including make, model, age, safety features and repair costs.
Ford Explorer Rates vs. National Average
All Vehicles
Average Full Coverage Rate
$1,296Ford Explorer
Average Full Coverage Rate
$1,321Premiums for Ford Explorer are:$25 more
This is 2% more expensive.
Value
The Ford Explorer, with an MSRP of $57,310, is classified as an SUV. Its MSRP can affect how insurers calculate insurance costs.
Repair costs
The annual repair cost for a Ford Explorer is $732, below the national average. Lower repair costs can lead to cheaper insurance rates.
Performance
The Ford Explorer offers 300 to 400 horsepower and a 0-to-60 time of 6 seconds. These performance metrics likely have minimal impact on insurance costs.
Vehicle age
Newer Ford Explorers may have higher insurance costs. However, collector and classic vehicles can be very expensive to insure.
Safety features
Safety features like stability control, airbags and antilock brakes can qualify for insurance discounts. The Ford Explorer has a 5/5 NHTSA safety rating.
Vehicle size
Larger vehicles like the Ford Explorer, which weighs 4,969 lbs, may lead to higher insurance costs.
Trim level
Higher trim levels with premium features increase insurance costs. Ford Explorer trims above the base model are more expensive to insure.
Theft rates
Vehicles more likely to be stolen will cost more to insure. The Ford Explorer's theft rate may influence insurance costs.
Cheapest Ford Explorer Insurance
State Farm offers the cheapest minimum coverage for a Ford Explorer at $474 per year, based on a 40-year-old male with a clean driving record. Below is a breakdown of affordable auto insurance rates across coverage levels, age groups, driving records, model years and more.
Cheapest Ford Explorer Insurance Coverage by Coverage Level
The coverage level you select greatly affects your Ford Explorer insurance rate. State Farm provides the most affordable minimum and full coverage rates. Below is a breakdown of the cheapest provider for each type.
Cheapest Ford Explorer Minimum Coverage
State Farm offers the cheapest minimum coverage for a Ford Explorer at $40 per month. GEICO, Travelers and Nationwide follow at $46, $52 and $56, respectively.
| USAA | $36 | $436 |
| State Farm | $40 | $474 |
| GEICO | $46 | $552 |
| Travelers | $52 | $623 |
| Nationwide | $56 | $668 |
| Allstate | $56 | $678 |
| Progressive | $58 | $695 |
| Farmers | $59 | $704 |
*State Farm offers non-military-affiliated Ford Explorer owners the lowest average minimum coverage insurance rate. USAA is the most affordable option for military-affiliated drivers.
Best Ford Explorer Insurance Rates by Model Year
The above list doesn't consider your vehicle's production year, so lower rates might be available depending on how old your Ford Explorer is. Check the table below for the cheapest minimum coverage rates for every production year.
Data filtered by:Results filtered by:
Select
Model Year:2009
| Allstate | $699 | $58 |
| Farmers | $755 | $63 |
| GEICO | $572 | $48 |
| Nationwide | $708 | $59 |
| Progressive | $727 | $61 |
| State Farm | $465 | $39 |
| Travelers | $674 | $56 |
| USAA | $446 | $37 |
*USAA is available only to military veterans, active service members and their families.
Cheapest Full Coverage Ford Explorer Insurance
State Farm offers the cheapest full coverage insurance for a Ford Explorer at $89 monthly or $1,062 annually. Below is the complete list of Explorer full coverage providers and rates.
| USAA | $86 | $1,033 |
| State Farm | $89 | $1,062 |
| GEICO | $101 | $1,209 |
| Nationwide | $108 | $1,294 |
| Travelers | $113 | $1,359 |
| Allstate | $118 | $1,416 |
| Farmers | $124 | $1,483 |
| Progressive | $124 | $1,483 |
*On average, State Farm is the cheapest insurer for non-military-affiliated Ford Explorer owners seeking full coverage. For military-affiliated drivers, USAA is the most affordable option.
Cheapest Ford Explorer Insurance by Age
Younger drivers (16 to 25) and seniors (55+) often pay higher Ford Explorer insurance rates. Below is a breakdown of the cheapest rates by age.
Cheapest Ford Explorer Insurance for Young Drivers
State Farm provides the cheapest auto insurance for young drivers, with minimum coverage costing $86 monthly or $1,038 annually. Below is the list of the most affordable Ford Explorer insurance rates for drivers aged 16 to 25.
| USAA | $76 | $906 |
| State Farm | $86 | $1,038 |
| Travelers | $110 | $1,315 |
| GEICO | $112 | $1,339 |
| Allstate | $132 | $1,581 |
| Nationwide | $147 | $1,759 |
| Farmers | $159 | $1,909 |
| Progressive | $162 | $1,943 |
*State Farm is the cheapest insurer for young non-military-affiliated drivers. USAA is the most affordable option for military-affiliated drivers.
Cheapest Ford Explorer Insurance for Seniors
State Farm offers the cheapest car insurance for seniors aged 55 and up at $43 monthly or $522 annually. See the full list of cheap Ford Explorer insurers below:
| State Farm | $43 | $522 |
| USAA | $48 | $581 |
| GEICO | $55 | $663 |
| Travelers | $63 | $753 |
| Nationwide | $65 | $784 |
| Allstate | $69 | $831 |
| Progressive | $74 | $884 |
| Farmers | $78 | $939 |
Cheapest Ford Explorer Insurance After an Accident
State Farm, GEICO and Travelers offer Ford Explorer drivers the most affordable car insurance after an accident. For more options, check the complete list below.
| State Farm | $50 | $595 |
| USAA | $55 | $666 |
| GEICO | $73 | $875 |
| Travelers | $75 | $899 |
| Allstate | $77 | $926 |
| Nationwide | $86 | $1,030 |
| Progressive | $95 | $1,144 |
| Farmers | $115 | $1,383 |
Ford Explorer Insurance Cost: Bottom Line
Regularly compare rates from different providers to find the cheapest car insurance. This article covers Ford Explorer insurance costs for various demographics and highlights the most affordable providers.
Ford Explorer Insurance Rates: FAQ
Below are common questions and answers about Ford Explorer insurance costs to help you find affordable options.
What company has the cheapest car insurance for a Ford Explorer?
State Farm is the cheapest car insurance provider for a Ford Explorer, offering an annual minimum coverage rate of $474.
What is the average cost of car insurance for a Ford Explorer?
The average annual insurance cost for a Ford Explorer is $616 for minimum coverage and $1,321 for full coverage.
Ford Explorer Insurance Ratings: Our Review Methodology
MoneyGeek analyzed data and 4,183 Ford Explorer insurance quotes from Quadrant Information Services.
Drivers and Cars
MoneyGeek used a sample driver profile with the following characteristics to calculate the average rates for insuring a Ford Explorer:
- 40-year-old male
- Clean driving record
- 12,000 miles driven annually
We also modified the sample driver profile to determine Ford Explorer insurance rates for different age groups, driving records and model years. MoneyGeek collected data for the following model years:
- 2012
- 2013
- 2014
- 2015
- 2016
- 2017
- 2018
- 2019
- 2020
- 2021
- 2022
If data on specific model years wasn't available, our data scientists estimated rates based on how insurers typically price car models each year. The published rates are estimates and may not reflect the rate you'll receive for your Ford Explorer.
Coverage Levels
Each state differs in minimum coverage requirements, so our rates are a combination of minimum coverage policies in the states where we gathered our data.
MoneyGeek’s analysis also includes average rates for a full coverage policy that includes comprehensive and collision coverage (with a $1,000 deductible) and the following increased liability coverage limits:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $100,000 property damage liability per accident
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.