2018 Ford F-150 Insurance Rates

Searching for the cheapest insurance rates for your Ford F-150? Are you sick and tired of wondering where the money will come from to insure your Ford every month? You are no different than many other consumers.

Multiple car insurance companies compete for your business, so it’s not easy to compare every insurer to find the lowest price

Insurance rates are influenced by these factors

Smart consumers have a good feel for the rating factors that help calculate the level of your policy premiums. If you have a feel for what impacts premium levels, this enables informed choices that could result in lower premium levels. Many factors are used in the calculation when premium rates are determined. Some are pretty understandable like an MVR report, but other factors are less obvious such as your marital status or how safe your car is.

Shown below are a few of the “ingredients” used by insurance companies to determine rates.

  • Prevent theft and save money – Choosing to buy a car with a theft deterrent system can earn a premium discount. Theft prevention features such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all aid in stopping your car from being stolen.
  • See if your company offers a multi-policy discount – Many insurance companies apply a discount to policyholders who have multiple policies with them. It’s known as a multi-policy discount. Even with this discount applied, it’s still a good idea to get quotes from other companies to guarantee you are still saving the most.
  • Single vs. married – Having a significant other may earn you lower rates when buying auto insurance. Marriage generally demonstrates drivers are more financially stable and insurance companies like that married drivers tend to have fewer serious accidents.
  • Always keep your policy in place – Having a gap between insurance policy dates can be a sure-fire way to trigger a rate increase. And not only will your rates increase, failure to provide proof of insurance may earn you a license revocation or jail time.
  • You might want pay the minor policy claims yourself – If you are the type of insured that files lots of claims you can expect either higher rates or even cancellation. Companies give lower rates to insureds who do not file claims often. Insurance coverage is meant to be used in the event of the large, substantial claims.
  • Higher premiums for high stress vocations – Did you know your occupation can influence how much you pay for auto insurance? Jobs such as doctors, social workers and financial analysts tend to have higher rates than the rest of us in part from high stress and long work days. On the flip side, occupations such as farmers, historians and retirees pay the least for F-150 coverage.
  • Safer cars save money – Safe vehicles can get you lower premiums. Highly rated vehicles reduce the chance of injuries and lower injury rates means less money paid by your insurance company which can result in lower premiums. If your Ford F-150 earned at least four stars on Safercar.gov or an “acceptable” rating on iihs.org you may qualify for a discount.

Shop insurance coverage online

To find cheap car insurance quotes, there are several ways to compare rate quotes from different companies. The recommended way to compare 2018 Ford F-150 insurance prices is to perform an online rate comparison. It is quite easy and can be accomplished in several different ways.

The easiest and least time consuming way to get the best comparison quotes is a comparison rater form click here to open form in new window. This method keeps you from doing separate quotation requests for each company you want a rate for. One simple form gets you coverage quotes direct from many companies.

Another way to get quotes online requires you to visit the website for each individual company to request a price quote. For examples sake, we’ll assume you want comparison quotes from Geico, Progressive and Liberty Mutual. To get each rate you have to spend time going to each site individually and enter your policy data, which can be really labor intensive. For a handy list of car insurance company links in your area, click here.

The old school method to compare price estimates is physically going to local insurance agencies. The ability to buy insurance online eliminates the need for an insurance agent unless you want the professional advice of a local agency. It is possible to comparison shop your insurance online but have your policy serviced through an agent.

Take whichever approach you prefer, but compare nearly identical coverage information on every price quote you get. If you compare different coverage information it’s not possible to make an equal comparison. Just slight variations in insurance coverages or limits may result in large price differences. It’s important to know that comparing a wide range of rates will increase your chances of finding a better price.

You may qualify for discounts

Car insurance is not cheap, but there could be available discounts to help offset the cost. Certain credits will be shown when you complete an application, but a few must be specially asked for prior to receiving the credit.

  • College Student – Kids who are enrolled in higher education away from home and leave their car at home can receive lower rates.
  • Include Life Insurance and Save – Not all companies offer life insurance, but some may give you a break if you buy some life insurance in addition to your auto policy.
  • Discount for New Cars – Putting coverage on a new car is cheaper because new model year vehicles have to meet stringent safety requirements.
  • Drive Less and Save – Driving fewer miles may enable drivers to earn substantially lower premium rates.
  • Early Switch Discount – Select larger companies give a discount for signing up prior to your current policy expiring. You can save around 10% with this discount.
  • Telematics Data Discounts – Insureds that choose to allow data collection to track driving habits by using a small device installed in their vehicle such as Allstate’s Drivewise and State Farm’s In-Drive system might get better premium rates as long as the data is positive.
  • Military Deployment Discount – Having a deployed family member could mean lower premium rates.

It’s important to understand that most of the big mark downs will not be given to the entire policy premium. Most only reduce specific coverage prices like liability, collision or medical payments. Just because you may think all those discounts means the company will pay you, car insurance companies aren’t that generous.

A list of car insurance companies and a summarized list of policyholder discounts are outlined below.

  • State Farm includes discounts for good student, good driver, driver’s education, multiple policy, anti-theft, safe vehicle, and passive restraint.
  • American Family offers discounts including defensive driver, Steer into Savings, good driver, good student, and multi-vehicle.
  • AAA offers discounts for good student, pay-in-full, multi-policy, good driver, multi-car, and education and occupation.
  • Geico has discounts for defensive driver, air bags, five-year accident-free, membership and employees, good student, and multi-vehicle.
  • Mercury Insurance policyholders can earn discounts including good student, multi-car, anti-theft, ease of repair, and professional/association.
  • Farmers Insurance may include discounts for business and professional, teen driver, electronic funds transfer, youthful driver, alternative fuel, and switch companies.
  • Progressive discounts include multi-vehicle, good student, homeowner, multi-policy, online signing, and online quote discount.

If you are trying to find cheaper car insurance quotes, ask each company to give you their best rates. Depending on the company, some discounts may not be available in every state.

There’s no such thing as the perfect insurance policy

When it comes to choosing coverage for your vehicles, there really is not a “perfect” insurance plan. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. These are some specific questions may help highlight whether your personal situation might need an agent’s assistance.

  • How high should my uninsured/underinsured coverage be in my state?
  • Is my camper covered by my car insurance policy?
  • Can I still get insurance after a DUI?
  • Do I really need UM/UIM coverage?
  • Is there coverage for injuries to my pets?
  • Is a new car covered when I drive it off the dealer lot?
  • Is my nanny covered when driving my vehicle?
  • What is medical payments coverage?

If you don’t know the answers to these questions, you may need to chat with a licensed agent. To find lower rates from a local agent, simply complete this short form or you can also visit this page to select a carrier

Detailed coverages of your insurance policy

Having a good grasp of your insurance policy helps when choosing appropriate coverage and the correct deductibles and limits. The terms used in a policy can be difficult to understand and reading a policy is terribly boring. Below you’ll find typical coverages found on the average insurance policy.

Uninsured/Underinsured Motorist coverage

This protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and damage to your Ford F-150.

Due to the fact that many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is important protection for you and your family. Usually these coverages are similar to your liability insurance amounts.

Collision coverage

Collision coverage pays for damage to your F-150 resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for things like colliding with another moving vehicle, crashing into a building, scraping a guard rail and sustaining damage from a pot hole. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. Drivers also have the option to bump up the deductible in order to get cheaper collision rates.

Comprehensive coverage

Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims like theft, damage from a tornado or hurricane and fire damage. The most you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Liability insurance

Liability coverage can cover damages or injuries you inflict on people or other property that is your fault. This insurance protects YOU against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery. Another option is a combined single limit or CSL that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability insurance covers claims like funeral expenses, legal defense fees and bail bonds. How much coverage you buy is up to you, but buy higher limits if possible.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses for ambulance fees, funeral costs, prosthetic devices, doctor visits and EMT expenses. They can be used in conjunction with a health insurance program or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay

Shop smart and save

Some insurance providers do not offer the ability to get quotes online and usually these smaller companies work with independent agencies. Budget-conscious 2018 Ford F-150 insurance is definitely available both online in addition to many insurance agents, so you should compare both in order to have the best price selection to choose from.

We just presented some good ideas how to reduce 2018 Ford F-150 insurance rates online. The most important thing to understand is the more price quotes you have, the higher your chance of finding inexpensive car insurance. You may be surprised to find that the biggest savings come from a small mutual company. They can often insure niche markets at a lower cost as compared to the big name companies such as Progressive or Geico.

Additional auto insurance information is located at these links: