How Much Does 2018 Ford F-150 Insurance Cost?

There isn’t anyone who likes having to buy insurance, especially when they know they could lower their rates if they shopped around.

With drivers having so many insurance companies to choose from, it’s nearly impossible to find the lowest price insurance company.

Finding affordable coverage is not rocket science. If you are paying for car insurance now, you stand a good chance to be able to lower your premiums substantially using these tips. But drivers do need to learn the methods companies use to compete online.

How to compare insurance coverage quotes

The are a couple different ways to compare rate quotes from all the different companies. The simplest method to do a complete rate comparison is to jump online and get quotes. It is quite easy and can be accomplished in several different ways.

The most efficient way to get quotes is a comparison rater form (click to open form in new window). This type of form prevents you from having to do repetitive form submissions for every prospective company. Taking the time to complete one form will get you price quotes from multiple companies.

A different way to find cheap car insurance requires a visit to the website for every company you want to compare to complete their respective quote request forms. For sake of this example, we’ll pretend you want to view quotes from Nationwide, 21st Century and Liberty Mutual. To get rate quotes you would need to visit each site to input your insurance information, which is why most consumers use the first method.

For a list of links to companies insuring cars in your area, click here.

If you have time to kill, the last method to compare price quotes is calling or driving to different agent offices. The ability to quote online makes this unnecessary unless you have a complicated situation and need the professional guidance that you can only get from talking to an agent. Although you can get prices online but purchase the actual policy in an agency.

The method you choose is up to you, but try to keep the exact same deductibles and coverage limits with every price quote. If you use different deductibles it will be next to impossible to make a fair rate comparison. Just a small difference in insurance coverages could throw off the whole comparison. Just keep in mind that having more price comparisons gives you a better chance of getting a better price.

But the ad said I’d save 15% in 15 minutes!

Respected companies like State Farm and Allstate consistently run television, radio, and online ads. All the ads advertise claims that drivers will save a bundle just by moving your policy. How can each company offer you a better deal? This is how they do it.

All the different companies have underwriting criteria for the driver that earns them the most money. A good example of a preferred risk might have to be over age 30, has other policies, and drives less than 5,000 miles a year. A propective insured that fits those parameters gets the lowest premium rates and is almost guaranteed to save money with a new company.

Insureds who don’t qualify for these stringent criteria may be required to pay higher premium rates and ends up with the prospect going elsewhere. The trick is to say “customers who switch” not “everyone who quotes” save that much when switching. That is how insurance companies can confidently make the claims of big savings. Because each company has a different risk profile, drivers must get as many free insurance coverage quotes as possible. Because you never know which insurance company will have the best rates at this point in time.

Get lower rates with these discounts

Auto insurance can be pricey, but there are discounts available that can dramatically reduce your bill. Some discounts apply automatically at the time of quoting, but some must be requested specifically in order for you to get them.

  • Accident Free – Insureds who avoid accidents and claims pay less as opposed to frequent claim filers.
  • Discount for New Cars – Buying auto insurance coverage on a new vehicle can get you a discount because newer models keep occupants safer.
  • Include Life Insurance and Save – Insurance carriers who offer life insurance give lower premium rates if you buy a life insurance policy as well.
  • College Student Discount – Older children who live away from home at college and do not take a car to college may qualify for this discount.
  • Drive Safe and Save – Drivers without accidents can save as much as half off their rates for F-150 insurance than their less cautious counterparts.
  • Early Signing – Some insurance companies reward drivers for buying a new policy before your current policy expires. You could save around 10% when you buy insurance coverage online.
  • Senior Citizens – If you qualify as a senior citizen, you may qualify for a discount up to 10% for F-150 insurance.

You should keep in mind that most credits do not apply to the overall cost of the policy. Most only apply to the price of certain insurance coverages like liability, collision or medical payments. So when it seems like you would end up receiving a 100% discount, it’s just not the way it works. But any discount will definitely reduce the amount you pay for coverage.

To find insurance companies that offer many of these discounts, click here to view.

Insurance coverage can be complex

When buying the right insurance coverage, there is no cookie cutter policy. Everyone’s needs are different so your insurance needs to address that. For instance, these questions may help highlight if your insurance needs might need professional guidance.

  • Are all vehicle passengers covered by medical payments coverage?
  • What is roadside assistance coverage?
  • Can I afford to pay high deductible claims out of pocket?
  • Is other people’s property covered if stolen from my vehicle?
  • If my pet gets injured in an accident are they covered?
  • Do all my vehicles need collision coverage?
  • Do I have coverage when making deliveries for my home business?
  • Am I covered when driving a rental car?
  • Is my business laptop covered if it gets stolen from my vehicle?

If it’s difficult to answer those questions but one or more may apply to you then you might want to talk to an insurance agent. To find lower rates from a local agent, complete this form or go to this page to view a list of companies.

Learn about insurance coverages for a Ford F-150

Having a good grasp of a insurance policy can be of help when determining which coverages you need and proper limits and deductibles. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring. These are typical coverages found on the average insurance policy.

Auto liability

This protects you from damage that occurs to other’s property or people in an accident. This insurance protects YOU from claims by other people. It does not cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see liability limits of 100/300/100 that translate to a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability insurance covers things such as bail bonds, emergency aid and loss of income. How much coverage you buy is your choice, but buy as large an amount as possible.

Insurance for medical payments

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses like nursing services, chiropractic care, pain medications and prosthetic devices. They are often used to cover expenses not covered by your health insurance policy or if you do not have health coverage. It covers not only the driver but also the vehicle occupants and also covers if you are hit as a while walking down the street. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Collision protection

Collision coverage will pay to fix damage to your F-150 from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things like hitting a mailbox, crashing into a ditch, rolling your car and driving through your garage door. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. You can also raise the deductible to save money on collision insurance.

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your Ford F-150.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked.

Comprehensive coverage (or Other than Collision)

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

Comprehensive insurance covers claims like hail damage, damage from a tornado or hurricane, hitting a bird and damage from flooding. The maximum payout you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Quote more, save more

When getting insurance coverage quotes online, you should never skimp on critical coverages to save a buck or two. There have been many situations where consumers will sacrifice liability limits or collision coverage to discover at claim time that the small savings ended up costing them much more. Your strategy should be to buy a smart amount of coverage at the best possible price but still have enough coverage for asset protection.

We just presented a lot of tips how to compare 2018 Ford F-150 insurance car insurance rates online. The most important thing to understand is the more rate comparisons you have, the higher the chance of saving money. You may even discover the biggest savings come from some of the lesser-known companies. These companies may cover specific market segments cheaper than their larger competitors like Allstate and Progressive.

Other resources