Save on 1998 Ford F-150 Insurance Rates

Trying to find lower insurance coverage rates for your Ford F-150? Wish you could get out of an expensive insurance coverage policy? Trust us, there are many drivers thinking the same thing.

Big-name insurance companies like Progressive, State Farm and Geico all claim big savings, bombarding you with ad campaigns and consumers find it hard to see past the geckos and flying pigs and effectively compare rates to find the best deal.

Consumers should take time to do price comparisons occasionally because insurance prices are usually higher with each renewal. Just because you found the lowest quotes on F-150 coverage a few years ago you may be paying too much now. There is a lot of bad advice regarding insurance coverage out there, but in this article, you’re going to get some proven techniques to find cheap insurance coverage.

Find discounts to get cheap car insurance rates

Car insurance companies don’t necessarily list all available discounts in a way that’s easy to find, so we break down some of the more common as well as the least known credits available to you.

  • Accident-Free Discounts – Drivers who don’t have accidents get the best car insurance rates as opposed to drivers with a long claim history.
  • Distant College Student Discount – Youth drivers who live away from home to go to college and don’t have a car can be insured at a reduced rate.
  • ABS and Traction Control Discounts – Vehicles with anti-lock braking systems can reduce accidents and will save you 10% or more.
  • Safety Course Discount – Taking part in a defensive driver course is a good idea and can lower rates if you qualify.
  • Discounts for Federal Employees – Being employed by or retired from a federal job can earn a discount up to 10% on F-150 coverage with certain companies.
  • Good Student – Getting good grades can save 20 to 25%. Many companies even apply the discount to college students until age 25.
  • Safe Drivers – Accident-free drivers can save as much as half off their rates on F-150 coverage than their less cautious counterparts.
  • Policy Bundle Discount – If you have multiple policies and place coverage with the same company you may save at least 10 to 15 percent or more.
  • Early Payment Discounts – If paying your policy premium upfront rather than paying monthly you can actually save on your bill.

One thing to note about discounts is that many deductions do not apply to the entire policy premium. Most only reduce the cost of specific coverages such as comprehensive or collision. So when it seems like you can get free auto insurance, it doesn’t quite work that way. Any amount of discount will reduce your policy premium.

Some of the larger companies who might offer these money-saving discounts are:

If you are trying to find inexpensive insurance quotes, ask all the companies to give you their best rates. Some discounts may not apply to policies everywhere. To view providers who offer car insurance discounts, follow this link.

Find cheap auto insurance with these tips

An important part of buying insurance is that you know the rating factors that aid in calculating your premiums. When you understand what controls the rates you pay, this allows you to make good choices that will entitle you to big savings. Many factors are considered when pricing auto insurance. Some factors are common sense like a motor vehicle report, although others are less apparent like your vehicle usage or your vehicle rating.

The factors shown below are a few of the things utilized by car insurance companies to help set your premiums.

  • Liability risk factors in – Liability insurance will afford coverage if ever you are ruled to be at fault for causing personal injury or damage in an accident. This coverage provides legal defense which can cost a lot. It is affordable coverage compared to other policy coverages, so drivers should carry high limits.
  • Pay more of a claim out-of-pocket – Deductibles for physical damage define how much you are willing to pay if a covered claim is submitted. Insurance for physical damage, also known as collision and other-than-collision, insures against damage to your car. Examples of covered claims are a windshield broken by a bird, damage from fire, or theft of your vehicle. The larger the amount you choose to pay out-of-pocket, the better rate you will receive on F-150 coverage.
  • Save money by having responsible credit – Having a bad credit score is a big factor in determining your rates. If your credit history is lower than you’d like, you could pay less to insure your 1998 Ford F-150 if you improve your credit rating. Drivers with good credit tend to be better risks to insure as compared to drivers with bad credit.
  • lapses raise prices – Going without insurance is a fast way to trigger a rate increase. In addition to paying higher rates, being ticketed for driving with no insurance will get you fines and jail time.
  • You might have higher costs if you are single – Walking down the aisle helps lower the price on your auto insurance bill. Having a significant other means you’re more mature than a single person and it’s proven that married drivers tend to file fewer claims.

Tailor your car insurance coverage to you

When choosing adequate coverage for your vehicles, there is no perfect coverage plan. Every insured’s situation is different and your policy should reflect that. These are some specific questions might help in determining if your situation may require specific advice.

  • Do I need replacement cost coverage?
  • Is my custom paint covered by insurance?
  • What is high-risk coverage and where do I buy it?
  • What is PIP insurance?
  • What are the best liability limits?
  • Can I rate high risk drivers on liability-only vehicles?
  • Am I covered when driving someone else’s vehicle?
  • What should my uninsured motorist coverage limits be in my state?

If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to an agent. If you want to speak to an agent in your area, complete this form or click here for a list of car insurance companies in your area.

Auto insurance 101

Knowing the specifics of your auto insurance policy can help you determine the right coverages for your vehicles. The coverage terms in a policy can be confusing and coverage can change by endorsement. Listed below are the normal coverages available from auto insurance companies.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage provides protection from other motorists when they do not carry enough liability coverage. Covered claims include injuries to you and your family and also any damage incurred to your Ford F-150.

Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is very important. Usually these limits are identical to your policy’s liability coverage.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance reimburse you for expenses for prosthetic devices, X-ray expenses, EMT expenses, chiropractic care and hospital visits. The coverages can be used to cover expenses not covered by your health insurance program or if you do not have health coverage. They cover you and your occupants and also covers if you are hit as a while walking down the street. PIP coverage is not an option in every state but can be used in place of medical payments coverage

Auto liability

This protects you from injuries or damage you cause to other’s property or people in an accident. It protects you from claims by other people, and does not provide coverage for your own vehicle damage or injuries.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have limits of 25/50/25 that translate to a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property. Occasionally you may see one number which is a combined single limit which provides one coverage limit without having the split limit caps.

Liability can pay for claims such as structural damage, medical services, loss of income and emergency aid. How much liability should you purchase? That is a decision to put some thought into, but consider buying as high a limit as you can afford.

Collision coverage protection

This coverage pays to fix your vehicle from damage caused by collision with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as sideswiping another vehicle, rolling your car and hitting a parking meter. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. Another option is to raise the deductible to bring the cost down.

Comprehensive coverages

This coverage will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims such as hail damage, a broken windshield and theft. The highest amount you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Be a Smart Shopper

Cheaper auto insurance can be found online as well as from insurance agents, so you need to shop insurance with both to get a complete price analysis. Some auto insurance companies don’t offer online rate quotes and usually these regional insurance providers prefer to sell through local independent agents.

You just learned many ways to lower your 1998 Ford F-150 insurance car insurance rates. The most important thing to understand is the more rate comparisons you have, the better your comparison will be. Consumers could even find that the biggest savings come from some of the lesser-known companies. These companies can often insure niche markets at a lower cost than their larger competitors like Allstate and Progressive.

Even more information can be found at these sites: