Ford Expedition Insurance – 2023 Rates and Cost Comparisons

We compared the average cost of insurance from the XLT MAX model to the Platinum 4WD trim level to see how insurance for the Expedition ranks against the rest of the full-size SUV segment.

Start a Free QuoteCompare Ford Expedition car insurance quotes and save on your next policy.

How much does Ford Expedition insurance cost?

Ford Expedition car insurance costs an average of $1,816 per year for full coverage, or $151 if paid each month. With the average large SUV costing $1,930 a year to insure, the Ford Expedition ranks third out of nine models in the segment.

The following chart demonstrates average car insurance rates on a 2023 Ford Expedition using an assortment of different driver ages and risk profiles.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Average rates are for a 2023 model year Ford Expedition with safe driver and claim-free discounts applied to qualifying risk profiles. Discount Rate includes all possible rate discounts including multi-vehicle, multi-policy, homeowner, and others. Physical damage deductibles are $500 except for low and high deductible estimates which are $100 and $1,000, respectively. Rates are averaged across all U.S. states and all Ford Expedition trim levels.Data last updated on January 23, 2023
Ford Expedition Insurance Cost Summary
2023 Ford Expedition Insurance Cost Summary
Driver Risk Profile Annual Rate Monthly Rate
High Risk Driver Age 30$4,132$344
Safe Driver Age 20$3,620$302
At-fault Accidents Age 40$2,556$213
Low Deductibles Age 40$2,400$200
Safe Driver Age 30$1,922$160
Safe Driver Age 40$1,816$151
Safe Driver Age 50$1,652$138
Safe Driver Age 60$1,624$135
High Deductibles Age 40$1,516$126
Discount Rate Age 40$1,508$126

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 $15,420 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 $54 and $178 on your Ford Expedition insurance bill, depending on your age.
  • Insuring teenagers can be very expensive. Average rates for full coverage Expedition insurance costs $6,420 per year for a 16-year-old driver, $6,032 per year for a 17-year-old driver, and $5,648 per year for an 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 $300 per year for a 40-year-old driver and $590 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 $314 per year for a 40-year-old driver and $618 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 $308 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 2023 Ford Expedition between a 40-year-old driver ($1,816 per year) and a 20-year-old driver ($3,620 per year) is $1,804, or a savings of 49.8%.
  • Bring up your credit score to save money. Drivers who maintain a credit score over 800 could see savings of $285 per year when compared to a credit rating of 670-739. Conversely, a below average credit rating could cost around $331 more per year.

What is the cheapest Ford Expedition insurance?

With Ford Expedition auto insurance cost ranging from $1,632 to $1,978 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 $1,664 per year.

Drivers should anticipate paying around $136 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 $1,978 per year. Those trims will cost an extra $346 per year over the cheapest XLT MAX model.

The table below breaks out average Ford Expedition car insurance cost by trim level for the 2023 model year for annual and semi-annual policy terms.

2023 Ford Expedition Insurance Cost by Trim Level
Ford Expedition Trim Level Annual Policy Six-Month Policy Per Month
XLT MAX$1,632$816$136
XLT MAX 4WD$1,664$832$139
Limited MAX$1,714$857$143
XL STX$1,722$861$144
Limited MAX 4WD$1,740$870$145
XL STX 4WD$1,760$880$147
XLT$1,774$887$148
King Ranch MAX$1,792$896$149
XLT 4WD$1,806$903$151
King Ranch MAX 4WD$1,806$903$151
Platinum MAX$1,806$903$151
Platinum MAX 4WD$1,822$911$152
Limited$1,864$932$155
Limited 4WD$1,888$944$157
Timerline 4WD$1,890$945$158
King Ranch$1,940$970$162
Platinum$1,958$979$163
King Ranch 4WD$1,962$981$164
Platinum 4WD$1,978$989$165

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates are for a 2023 Ford Expedition, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on February 5, 2023
Ford Expedition Insurance Cost by Trim Level

How does Expedition insurance cost rank?

The Ford Expedition ranks third out of nine total comparison vehicles in the large SUV class. The Expedition costs an average of $1,816 per year for full coverage insurance and the class average is $1,930 per year.

Expedition insurance costs $162 more per year than the Chevrolet Tahoe, $78 less than the GMC Yukon, $66 more than the Chevrolet Suburban, and $160 less than the Nissan Armada. The full comparison is shown in the chart below.

Get Rates in Your AreaWhy is this important?

Chart Data Details: Average rates are for a 2023 model year Ford Expedition, 40-year-old married male driver with a clean driving record and no at-fault accidents. Safe driver and claim-free discounts are applied to policy premium, which is averaged for all Ford Expedition trim levels. Physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
Ford Expedition vs Large SUVs Insurance Cost Comparison
Ford Expedition Insurance Cost Compared to All Large SUVs
Rank Make/Model Insurance Cost Difference
1Chevrolet Tahoe$1,654-$162
2Chevrolet Suburban$1,750-$66
3Ford Expedition$1,816--
4Toyota Sequoia$1,826$10
5GMC Yukon$1,894$78
6Nissan Armada$1,976$160
7Jeep Wagoneer$2,072$256
8GMC Hummer EV$2,088$272
9Jeep Grand Wagoneer$2,296$480

With an average MSRP of $72,043, the full-size non-luxury SUV models that are most similar in price to the Ford Expedition are the GMC Yukon, Toyota Sequoia, Chevrolet Suburban, and Jeep Wagoneer.

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. GMC Yukon – The 2023 Ford Expedition has an average MSRP that is $1,429 cheaper than the GMC Yukon ($72,043 versus $73,472). Anticipate paying around $78 more each year for full-coverage insurance on the GMC Yukon compared to an Expedition.
  • Ford Expedition vs. Toyota Sequoia – The average MSRP for a 2023 Ford Expedition is $2,776 more expensive than the Toyota Sequoia, at $72,043 compared to $69,267. Full-coverage insurance for the Toyota Sequoia costs an average of $10 more per year than the Ford Expedition.
  • Ford Expedition vs. Chevrolet Suburban – The average MSRP for a 2023 Ford Expedition is $3,043 more expensive than the Chevrolet Suburban, at $72,043 compared to $69,000. The cost to insure a Ford Expedition compared to the Chevrolet Suburban is $66 more annually on average.
  • Ford Expedition vs. Jeep Wagoneer – The 2023 Jeep Wagoneer has an average MSRP of $68,171 ($58,995 to $74,865), which is $3,872 cheaper than the average sticker price for the Expedition. Insuring a 2023 Ford Expedition compared to the Jeep Wagoneer costs an average of $256 less annually.

Will an older Expedition cost less to insure?

Insuring a 2013 Expedition in place of a 2023 model will save around $588 per year. Even a newer 2019 model will save an estimated $226 per year.

The table below illustrates average Ford Expedition insurance rates for the 2013 to 2023 model years. Average prices range from the cheapest rate of $1,228 for a 2013 Ford Expedition to the highest rate of $1,816 for a 2023 model.

Ford Expedition Insurance Cost for 2013-2023 Models
Model Year and Vehicle Annual Rate 6-month Rate Monthly Rate
2023 Ford Expedition$1,816$908$151
2022 Ford Expedition$1,758$879$147
2021 Ford Expedition$1,754$877$146
2020 Ford Expedition$1,732$866$144
2019 Ford Expedition$1,590$795$133
2018 Ford Expedition$1,534$767$128
2017 Ford Expedition$1,524$762$127
2016 Ford Expedition$1,532$766$128
2015 Ford Expedition$1,304$652$109
2014 Ford Expedition$1,298$649$108
2013 Ford Expedition$1,228$614$102

Get Rates in Your AreaWhy is this important?

Table Data Details: Average rates assume clean driving record and no at-fault accidents. Full coverage physical damage deductibles are $500 and rates are averaged for all U.S. states.Data last updated on January 23, 2023
Ford Expedition Insurance Cost by Model Year

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 $686 annually, depending on the deductibles and the age of the driver.