- When comparing the 2024 models, a Ford Explorer costs less to insure than a Ford Bronco by $486 per year.
- When compared to the 2024 model year all-vehicle average insurance rate of $2,572 per year, the Ford Explorer costs an average of 16.7% less per year, while the Ford Bronco costs an average of 3.4% more per year.
- For a 2024 Ford Explorer, average insurance prices range from $1,902 to $2,316 per year, while the average insurance rate for the 2024 Ford Bronco ranges from $2,386 to $2,996, depending on the trim level being insured.
Is it cheaper to insure a Ford Explorer or Ford Bronco?
For new Explorer and Bronco models, the vehicle with the cheapest average car insurance rates is the Ford Explorer. Insurance cost for the Ford Explorer averages $2,176 per year, and insurance for a Ford Bronco averages $2,662 per year.
Out of 13 Ford Explorer trims, the cheapest 2024 trim level to insure is the XLT 2WD trim at an average cost of $1,902 per year.
Out of the nine trims available for the Ford Bronco, the cheapest 2024 trim to insure is the Big Bend trim at a cost of $2,386 per year, or about $199 per month.
When comparing car insurance rates for both models by trim level, the overall cheapest vehicle to insure is the Ford Explorer XLT 2WD at a cost of $1,902 per year. The highest-cost model and trim level is the Ford Bronco Raptor costing an average of $2,996 per year.
The rate table below compares the yearly and monthly cost of car insurance for 2024 Ford Explorer and Ford Bronco models, broken down by individual trim level.
| Model and Trim Level | Annual Premium | Cost Per Month |
|---|---|---|
| Explorer XLT 2WD | $1,902 | $159 |
| Explorer XLT 4WD | $1,968 | $164 |
| Explorer ST-Line 2WD | $2,114 | $176 |
| Explorer Limited 2WD | $2,144 | $179 |
| Explorer ST-Line 4WD | $2,164 | $180 |
| Explorer Limited 4WD | $2,184 | $182 |
| Explorer Timberline 4WD | $2,184 | $182 |
| Explorer ST 2WD | $2,208 | $184 |
| Explorer ST 4WD | $2,246 | $187 |
| Explorer Platinum 2WD | $2,276 | $190 |
| Explorer King Ranch 2WD | $2,284 | $190 |
| Explorer Platinum 4WD | $2,312 | $193 |
| Explorer King Ranch 4WD | $2,316 | $193 |
| Bronco Big Bend | $2,386 | $199 |
| Bronco Black Diamond | $2,476 | $206 |
| Bronco Heritage Edition | $2,584 | $215 |
| Bronco Outer Banks | $2,584 | $215 |
| Bronco Badlands | $2,610 | $218 |
| Bronco Everglades | $2,702 | $225 |
| Bronco Wildtrak | $2,760 | $230 |
| Bronco Heritage Limited Edition | $2,856 | $238 |
| Bronco Raptor | $2,996 | $250 |
Data Methodogy: Rated driver is a 40-year-old male with with good credit, a clean driving record, and no claims or at-fault accidents. Premium includes comprehensive and collision coverage with $500 deductibles. Liability limits are 100/300/100 and UM/UIM and medical payments coverage is included. Rates last updated on October 24, 2025
The rate chart below illustrates the average cost to insure the two models for different driver ages. Average insurance cost ranges from $1,928 to $4,394 per year for a 2024 Ford Explorer, and $2,352 to $5,396 for a 2024 Ford Bronco.
The next tables display trim level insurance cost averages for both 2024 models, as well as the overall average rate for each model. The winner for the 2024 car insurance cost comparison is the Ford Explorer.
2024 Ford Explorer
$2,176
| 2024 Ford Explorer Trims | Rate |
|---|---|
| XLT 2WD | $1,902 |
| XLT 4WD | 1,968 |
| ST-Line 2WD | 2,114 |
| Limited 2WD | 2,144 |
| ST-Line 4WD | 2,164 |
| Limited 4WD | 2,184 |
| Timberline 4WD | 2,184 |
| ST 2WD | 2,208 |
| ST 4WD | 2,246 |
| Platinum 2WD | 2,276 |
| King Ranch 2WD | 2,284 |
| Platinum 4WD | 2,312 |
| King Ranch 4WD | 2,316 |
| 2024 Ford Explorer Average Rate | $2,176 |
2024 Ford Bronco
$2,662
| 2024 Ford Bronco Trims | Rate |
|---|---|
| Big Bend | $2,386 |
| Black Diamond | 2,476 |
| Heritage Edition | 2,584 |
| Outer Banks | 2,584 |
| Badlands | 2,610 |
| Everglades | 2,702 |
| Wildtrak | 2,760 |
| Heritage Limited Edition | 2,856 |
| Raptor | 2,996 |
| 2024 Ford Bronco Average Rate | $2,662 |
2023 Ford Explorer vs. Ford Bronco
Car insurance rates for a 2023 Ford Explorer cost an average of $1,996 per year, while insurance for a 2023 Ford Bronco averages $2,594 per year, making the Ford Explorer the cheaper of the two models to insure.
2023 Explorer insurance rates range from the lowest rate of $1,814 per year for the XLT 2WD model up to $2,076 for the King Ranch 4WD model.
For the 2023 Ford Bronco, rates can range from $2,292 per year on the Base model up to $2,864 on the Raptor model, which is the most expensive to insure.
The rate table below compares and ranks the cost of car insurance for 2023 Ford Explorer and Ford Bronco models, showing the average insurance cost by trim level for each model.
| Model and Trim Level | Annual Premium | Cost Per Month |
|---|---|---|
| Explorer XLT 2WD | $1,814 | $151 |
| Explorer XLT 4WD | $1,856 | $155 |
| Explorer ST-Line 2WD | $1,946 | $162 |
| Explorer Limited 2WD | $1,966 | $164 |
| Explorer Base 2WD | $1,982 | $165 |
| Explorer ST-Line 4WD | $1,982 | $165 |
| Explorer Limited 4WD | $1,994 | $166 |
| Explorer Timberline 4WD | $1,994 | $166 |
| Explorer ST 2WD | $2,008 | $167 |
| Explorer Base 4WD | $2,030 | $169 |
| Explorer ST 4WD | $2,030 | $169 |
| Explorer Limited Hybrid 2WD | $2,042 | $170 |
| Explorer Platinum 2WD | $2,050 | $171 |
| Explorer King Ranch 2WD | $2,056 | $171 |
| Explorer Limited Hybrid 4WD | $2,064 | $172 |
| Explorer Platinum 4WD | $2,070 | $173 |
| Explorer King Ranch 4WD | $2,076 | $173 |
| Bronco Base | $2,292 | $191 |
| Bronco Big Bend | $2,404 | $200 |
| Bronco Black Diamond | $2,468 | $206 |
| Bronco Outer Banks | $2,522 | $210 |
| Bronco Badlands | $2,586 | $216 |
| Bronco Wildtrak | $2,690 | $224 |
| Bronco Everglades | $2,704 | $225 |
| Bronco Heritage Limited | $2,822 | $235 |
| Bronco Raptor | $2,864 | $239 |
Data Methodogy: Rated driver is a 40-year-old male with with good credit, a clean driving record, and no claims or at-fault accidents. Premium includes comprehensive and collision coverage with $500 deductibles. Liability limits are 100/300/100 and UM/UIM and medical payments coverage is included. Rates last updated on October 24, 2025
The next chart visualizes the average cost to insure the two models for the 20 to 50-year-old driver age groups. Insurance cost ranges from $1,756 to $3,966 per year on the 2023 Ford Explorer, and $2,294 to $5,232 on a 2023 Ford Bronco for the five age groups shown in the chart.
For the 17 trim levels available for the 2023 Ford Explorer, the lowest-cost model to insure is the XLT 2WD model at an average cost of $1,814 per year. For the nine trim and option levels available for the Ford Bronco, the most affordable 2023 model to insure is the Base model at a cost of $2,292 per year, or about $191 per month.
When trim-level rates for both models are compared, the cheapest model and trim level to buy insurance for is the Ford Explorer XLT 2WD at a cost of $1,814 per year. The most expensive model and trim level is the Ford Bronco Raptor at an average of $2,864 per year.
The tables shown below show both 2023 models and all trim levels available for each one, along with an average cost for each model. The winner for the 2023 car insurance cost comparison is the Ford Explorer.
2023 Ford Explorer
$1,996
| 2023 Ford Explorer Trims | Rate |
|---|---|
| XLT 2WD | $1,814 |
| XLT 4WD | 1,856 |
| ST-Line 2WD | 1,946 |
| Limited 2WD | 1,966 |
| Base 2WD | 1,982 |
| ST-Line 4WD | 1,982 |
| Limited 4WD | 1,994 |
| Timberline 4WD | 1,994 |
| ST 2WD | 2,008 |
| Base 4WD | 2,030 |
| ST 4WD | 2,030 |
| Limited Hybrid 2WD | 2,042 |
| Platinum 2WD | 2,050 |
| King Ranch 2WD | 2,056 |
| Limited Hybrid 4WD | 2,064 |
| Platinum 4WD | 2,070 |
| King Ranch 4WD | 2,076 |
| 2023 Ford Explorer Average Rate | $1,996 |
2023 Ford Bronco
$2,594
| 2023 Ford Bronco Trims | Rate |
|---|---|
| Base | $2,292 |
| Big Bend | 2,404 |
| Black Diamond | 2,468 |
| Outer Banks | 2,522 |
| Badlands | 2,586 |
| Wildtrak | 2,690 |
| Everglades | 2,704 |
| Heritage Limited | 2,822 |
| Raptor | 2,864 |
| 2023 Ford Bronco Average Rate | $2,594 |
2022 Ford Explorer vs. Ford Bronco
When comparing average insurance cost for 2022 models, the Ford Explorer costs $2,058 per year to insure and the Ford Bronco costs $2,366, making the Ford Explorer the cheaper model to insure by $308 for 2022.
The chart shown below displays the average car insurance cost for the two models using different driver ages. For the 2022 Ford Explorer, the average car insurance cost ranges from $1,818 to $4,118 per year for the sample drivers in the chart. Full-coverage car insurance on a 2022 Ford Bronco costs from $2,098 to $4,778 on average per year.
Out of 15 trims for a 2022 Ford Explorer, the cheapest insurance rates are on the XLT 2WD model at a cost of $1,894 per year.
For the eight option levels available for a Ford Bronco, the cheapest 2022 trim to insure is the Base model at a cost of $2,086.
When all 23 trims of both models are combined and compared, the overall cheapest vehicle to insure is the Ford Explorer XLT 2WD at an average of $1,894 per year, and the most expensive vehicle to insure is the Ford Bronco Raptor at an average cost of $2,668 per year.
The next two rate tables illustrate the average cost to insure all 2022 trim levels, as well as the overall average rate for each model. The cheapest to insure for the 2022 model year is the Ford Explorer.
2022 Ford Explorer
$2,058
| 2022 Ford Explorer Trims | Rate |
|---|---|
| XLT 2WD | $1,894 |
| 2WD | 1,932 |
| XLT 4WD | 1,934 |
| 4WD | 1,978 |
| ST 2WD | 2,040 |
| ST-Line 2WD | 2,048 |
| Limited 2WD | 2,056 |
| Timberline 4WD | 2,070 |
| ST-Line 4WD | 2,076 |
| Limited 4WD | 2,082 |
| ST 4WD | 2,102 |
| King Ranch 2WD | 2,152 |
| Platinum 2WD | 2,158 |
| King Ranch 4WD | 2,172 |
| Platinum 4WD | 2,178 |
| 2022 Ford Explorer Average Rate | $2,058 |
2022 Ford Bronco
$2,366
| 2022 Ford Bronco Trims | Rate |
|---|---|
| Base | $2,086 |
| Big Bend | 2,240 |
| Black Diamond | 2,308 |
| Outer Banks | 2,356 |
| Badlands | 2,378 |
| Wildtrak | 2,424 |
| Everglades | 2,444 |
| Raptor | 2,668 |
| 2022 Ford Bronco Average Rate | $2,366 |
2021 Ford Explorer vs. Ford Bronco
For the 2021 Ford Explorer and Ford Bronco models, the Ford Explorer has cheaper car insurance cost by $314 per year for this model year.
The rate chart below demonstrates the average car insurance cost for the two models for drivers aged 20 to 50. The average full-coverage insurance policy ranges from $1,868 to $4,230 per year on a 2021 Ford Explorer, and $2,168 to $4,946 on the 2021 Ford Bronco.
Out of 13 Ford Explorer trim levels, the most affordable 2021 model to insure is the 2WD trim at an average cost of $1,850 per year.
Out of the eight trim and option levels available for a Ford Bronco, the lowest-cost 2021 trim level to insure is the Sport trim at a cost of $2,030.
When auto insurance rates for all 21 trim levels for both 2021 models are compared, the overall cheapest vehicle to put coverage on is the Ford Explorer 2WD at an average cost of $1,850 per year. The highest-cost model and trim is the Ford Bronco First Edition at an average of $2,574 per year.
The tables below illustrate both 2021 models and all trim levels available for each one, plus an average rate for each model.
2021 Ford Explorer
$2,110
| 2021 Ford Explorer Trims | Rate |
|---|---|
| 2WD | $1,850 |
| 4WD | 1,918 |
| XLT 2WD | 1,984 |
| XLT 4WD | 1,984 |
| Police 4WD | 2,048 |
| Limited 2WD | 2,114 |
| Timberline 4WD | 2,162 |
| Limited 4WD | 2,182 |
| ST 4WD | 2,182 |
| King Ranch 2WD | 2,228 |
| King Ranch 4WD | 2,248 |
| Platinum 2WD | 2,248 |
| Platinum 4WD | 2,268 |
| 2021 Ford Explorer Average Rate | $2,110 |
2021 Ford Bronco
$2,424
| 2021 Ford Bronco Trims | Rate |
|---|---|
| Sport | $2,030 |
| Base | 2,356 |
| Big Bend | 2,422 |
| Black Diamond | 2,442 |
| Outer Banks | 2,488 |
| Wildtrak | 2,508 |
| Badlands | 2,556 |
| First Edition | 2,574 |
| 2021 Ford Bronco Average Rate | $2,424 |