- Ford Expedition insurance costs an average of $1,608 per year or around $134 per month, depending on the trim level.
- The cheapest Expedition to insure is the XLT MAX trim level at an estimated $1,442 per year. The most expensive is the Platinum 4WD at $1,762 annually.
- When compared to other large SUVs, 2022 Ford Expedition insurance costs close to the average rate for the entire segment.
- Choosing to insure a used Ford Expedition could save $476 or more each year, depending on the age of the vehicle.
How much does Ford Expedition insurance cost?
Ford Expedition car insurance costs an average of $1,608 per year for full coverage, or $134 if paid each month. With the average large SUV costing $1,707 a year to insure, the Ford Expedition hits this number very closely.
The following chart demonstrates average car insurance rates on a 2022 Ford Expedition using an assortment of different driver ages and risk profiles.
|Driver Risk Profile||Annual Rate||Monthly Rate|
|High Risk Driver Age 30||$3,672||$306|
|Safe Driver Age 20||$3,216||$268|
|At-fault Accidents Age 40||$2,270||$189|
|Low Deductibles Age 40||$2,128||$177|
|Safe Driver Age 30||$1,702||$142|
|Safe Driver Age 40||$1,608||$134|
|Safe Driver Age 50||$1,468||$122|
|Safe Driver Age 60||$1,444||$120|
|High Deductibles Age 40||$1,344||$112|
|Discount Rate Age 40||$1,336||$111|
To give you a better idea of how much Expedition insurance rates can vary, think about the fact that a liability-only policy for a Ford Expedition in the cheaper areas of Wisconsin or Indiana can be as low as $232 a year.
For an identical vehicle, a teenager with a couple of driving violations and maybe an accident or two in certain areas in New York City could total as much as $14,812 a year for a policy that provides full coverage.
Some additional insights about Expedition insurance rates include:
- Your employer could lower your rates. The vast majority of auto insurance providers offer policy discounts for earning a living in occupations like college professors, high school and elementary teachers, firefighters, members of the military, and others. If you can earn this discount, you could potentially save between $48 and $158 on your Ford Expedition insurance bill, depending on your age.
- Insuring teenagers can be very expensive. Average rates for full coverage Expedition insurance costs $5,716 per year for a 16-year-old driver, $5,370 per year for a 17-year-old driver, and $5,026 per year for a 18-year-old driver.
- Auto insurance is cheaper with higher deductibles. Raising your physical damage coverage deductibles from $500 to $1,000 could save around $264 per year for a 40-year-old driver and $522 per year for a 20-year-old driver.
- Choosing a low deductible may not make good financial sense. Lowering your policy deductibles from $500 to $250 could cost an additional $278 per year for a 40-year-old driver and $552 per year for a 20-year-old driver.
- More policy discounts means cheap Ford Expedition insurance rates. Discounts may be available if the insureds are away-from-home students, work in certain occupations, are good students, insure multiple vehicles on the same policy, are loyal customers, or many other policy discounts which could save the average driver as much as $272 per year on the cost of insuring a Ford Expedition.
- The older you get, the cheaper insurance rates become. The difference in insurance cost for a 2022 Ford Expedition between a 40-year-old driver ($1,608 per year) and a 20-year-old driver ($3,216 per year) is $1,608, or a savings of 50%.
- Bring up your credit score to save money. Drivers who maintain a credit score over 800 could see savings of $252 per year when compared to a credit rating of 670-739. Conversely, a below average credit rating could cost around $293 more per year.
What is the cheapest Ford Expedition insurance?
With Ford Expedition auto insurance cost ranging from $1,442 to $1,762 per year for an average driver, the lowest-cost model to insure is the XLT MAX. The next cheapest trim level to insure is the XLT MAX 4WD at $1,474 per year.
Drivers should anticipate paying around $120 per month for a policy with full coverage, but this amount can vary based on a lot of factors like your age, driving record, where you live, and in some states, your credit history.
The priciest trim levels of Ford Expedition to insure are the Platinum 4WD and the King Ranch 4WD both at $1,762 per year. Those trims will cost an extra $320 per year over the cheapest XLT MAX model.
The table below breaks out average Ford Expedition car insurance cost by trim level for the 2022 model year for annual and semi-annual policy terms.
|Ford Expedition Trim Level||Annual Policy||6-month Policy||Per Month|
|XLT MAX 4WD||$1,474||$737||$123|
|Limited MAX 4WD||$1,546||$773||$129|
|XL STX 4WD||$1,560||$780||$130|
|King Ranch MAX||$1,602||$801||$134|
|King Ranch MAX 4WD||$1,604||$802||$134|
|Platinum MAX 4WD||$1,624||$812||$135|
|King Ranch 4WD||$1,752||$876||$146|
How does Expedition insurance cost rank?
The Ford Expedition ranks #4 out of nine total comparison vehicles in the large SUV class. The Expedition costs an average of $1,608 per year for full coverage insurance and the class average is $1,707 per year.
Expedition insurance costs $90 more per year than the Chevrolet Tahoe, $76 less than the GMC Yukon, $42 more than the Chevrolet Suburban, and $72 less than the Nissan Armada. The full comparison is shown in the chart below.
|8||GMC Hummer EV||$1,914||$306|
|9||Jeep Grand Wagoneer||$2,014||$406|
With an average MSRP of $66,302, the full-size non-luxury SUV models that are most similar in price to the Ford Expedition are the Chevrolet Suburban, GMC Yukon, Chevrolet Tahoe, and Toyota Sequoia.
The list below details how each of those models compares to the Expedition both for purchase price and the average cost to insure.
- Ford Expedition vs. Chevrolet Suburban – The 2022 Ford Expedition has an average MSRP that is $998 more expensive than the Chevrolet Suburban ($66,302 versus $65,304). Anticipate paying around $42 less each year for full-coverage insurance on the Chevrolet Suburban compared to an Expedition.
- Ford Expedition vs. GMC Yukon – The average MSRP for a 2022 Ford Expedition is $1,200 more expensive than the GMC Yukon, at $66,302 compared to $65,102. Full-coverage insurance for the GMC Yukon costs an average of $76 more per year than the Ford Expedition.
- Ford Expedition vs. Chevrolet Tahoe – The average MSRP for a 2022 Ford Expedition is $3,698 more expensive than the Chevrolet Tahoe, at $66,302 compared to $62,604. The cost to insure a Ford Expedition compared to the Chevrolet Tahoe is $90 more annually on average.
- Ford Expedition vs. Toyota Sequoia – The 2022 Toyota Sequoia has an average MSRP of $60,139 ($50,500 to $69,775), which is $6,163 cheaper than the average sticker price for the Expedition. Insuring a 2022 Ford Expedition compared to the Toyota Sequoia costs an average of $36 more annually.
Will an older Expedition cost less to insure?
Insuring a 2013 Expedition in place of a 2022 model will save around $476 per year. Even a newer 2019 model will save an estimated $146 per year.
The table below illustrates average Ford Expedition insurance rates for the 2013 to 2022 model years. Average prices range from the cheapest rate of $1,132 for a 2013 Ford Expedition to the highest rate of $1,608 for a 2022 model.
|Model Year and Vehicle||Annual Rate||6-month Rate||Monthly Rate|
|2022 Ford Expedition||$1,608||$804||$134|
|2021 Ford Expedition||$1,598||$799||$133|
|2020 Ford Expedition||$1,568||$784||$131|
|2019 Ford Expedition||$1,462||$731||$122|
|2018 Ford Expedition||$1,410||$705||$118|
|2017 Ford Expedition||$1,418||$709||$118|
|2016 Ford Expedition||$1,412||$706||$118|
|2015 Ford Expedition||$1,234||$617||$103|
|2014 Ford Expedition||$1,204||$602||$100|
|2013 Ford Expedition||$1,132||$566||$94|
At some point as the vehicle gets older, you will have to make the decision to eliminate physical damage coverage (comprehensive and collision) from an insurance policy.
As a Ford Expedition depreciates over time, the costs required to keep physical damage insurance starts to exceed the benefits. Deleting full coverage on an older Ford Expedition may save you $644 annually, depending on the deductibles and the age of the driver.