Ford Explorer Insurance Rates for 2022

• Ford Explorer insurance costs an average of $1,422 per year, or around $119 per month for full coverage.
• With an insurance cost range of $196, the cheapest Ford Explorer insurance is the base Explorer XLT 2WD model at around $1,310 per year, and the most expensive trim being the Platinum 4WD at $1,506 annually.
• When compared to other midsize SUVs, the 2022 Ford Explorer is one of the cheaper midsize SUVs to insure, costing $110 less per year on average and ranking #7 out of 29 competitors.

How much does Ford Explorer insurance cost?

Insurance on a Ford Explorer costs an average of $1,422 a year for full coverage. Depending on the trim level being insured, monthly car insurance for a 2022 Explorer costs from $109 to $126.

As the three main components of a car insurance policy, comprehensive (or other-than-collision) coverage will cost about $374 a year, liability and medical (or PIP) coverage costs approximately $370, and collision insurance is around $678.

The following chart shows how average Ford Explorer car insurance cost varies based on driver age and coverage deductibles. Prices range from $1,062 per year for a driver age 60 with a $1,000 policy deductible to $3,302 annually for a 20-year-old driver with a deductible of $250.

To give you a better sense of how variable car insurance rates can be, keep in mind that buying liability-only insurance on an Explorer in some parts of Virginia or Wisconsin can cost as little as $239 a year, while a 16-year-old driver with a tendency to speed in specific higher-theft California zip codes could have to pay as much as $11,236 a year for a policy with full coverage.

The table below breaks down average full-coverage insurance rates for the Ford Explorer for the 2005 to 2022 model years.

Which Explorer model has the cheapest insurance?

The cheapest trim level of Ford Explorer to insure is the base XLT 2WD model at $1,310 per year, or about $109 per month. The second cheapest trim is the 2WD model at $1,336 per year, and the third cheapest model to insure is the XLT 4WD at $1,336 per year.

The two most expensive trim levels of Ford Explorer to insure are the Platinum 4WD at $1,506 and the King Ranch 4WD at $1,500 per year. Those will cost an extra $196 and $190 per year, respectively, over the cheapest base Explorer XLT 2WD model.

The table below demonstrates how the average cost of car insurance increases with trim level and powertrain options for the Ford Explorer.

How do insurance rates compare to similar vehicles?

The Ford Explorer ranks #7 out of 29 comparison vehicles in the 2022 midsize SUV category. The Explorer costs an average of $1,422 per year to insure and the class average cost is $1,532 annually, a difference of only $110 per year.

When compared directly to the top-selling other midsize SUVs, car insurance for a Ford Explorer costs $246 less per year than Jeep Grand Cherokee insurance, $102 less than Toyota Highlander insurance rates, $258 less than the cost of Jeep Cherokee insurance, and $34 more than Subaru Outback insurance rates.

The chart below visualizes where the Explorer ranks in relation to the other top 10 selling midsize SUVs in the U.S. for insurance affordability. In addition, a table is also included after the chart that ranks typical insurance rates for all 29 vehicles in the 2022 midsize SUV segment.

Additional Facts and Rate Information

Other relevant data observations concerning Explorer insurance cost include:

• High risk Explorer car insurance is expensive. For a 50-year-old driver, having enough accidents and violations to require a high-risk insurance policy could trigger a rate increase of $1,638 or more per year.
• Lower policy cost by raising deductibles. Boosting your deductibles from $500 to $1,000 could save around $238 per year for a 40-year-old driver and $464 per year for a 20-year-old driver.
• Low physical damage deductibles increases cost. Decreasing your policy deductibles from $500 to $250 could cost an additional $250 per year for a 40-year-old driver and $492 per year for a 20-year-old driver.
• Obey driving laws to keep insurance cost low. To get the lowest Explorer insurance rates, it pays to be a conservative driver. Just a few minor blemishes on your driving record have the potential to raise the price of a policy as much as $362 per year. Being convicted of a serious infraction such as hit-and-run, DUI or reckless driving could raise rates by an additional $1,284 or more.
• No accidents means cheaper rates. Multiple at-fault accidents raise rates, as much as $1,958 per year for a 20-year-old driver and as much as $410 per year for a 60-year-old driver.
• Driver gender affects car insurance rates. For a 2022 Ford Explorer, a 20-year-old male pays an estimated $2,810 per year, while a 20-year-old female pays an average of $2,082, a difference of $728 per year. The females get the cheaper rate by far. But by age 50, the male rate is $1,294 and the cost for a female driver is $1,268, a difference of only $26.