2002 Ford F-150 Insurance Quotes – 10 Tips for Cheaper Rates

Looking for lower insurance coverage rates for your Ford F-150? Have you fallen victim to overpriced insurance coverage? Don’t sweat it because many consumers are in the same pinch.

Online insurance companies like Progressive, State Farm and Geico promote their brand names with ads and it is difficult to ignore the flying pigs and cute green geckos and do the work needed to find the best deal.

Ten discounts for cheap auto insurance rates

Auto insurance companies don’t always list every disount available in an easy-to-find place, so here is a list a few of the more well known as well as the least known credits available to you.

  • Own a Home and Save – Owning a home can get you a discount since owning and maintaining a home means you have a higher level of financial diligence.
  • Distant Student – Youth drivers who are enrolled in higher education away from home and won’t have access to an insured vehicle could qualify for this discount.
  • No Accidents – Drivers who stay claim-free have much lower rates when compared with bad drivers.
  • Driver’s Ed – It’s a good idea to have your young drivers successfully complete driver’s ed class in school or through a local driver safety program.
  • Low Miles Discount – Fewer annual miles on your Ford could be rewarded with better auto insurancerates on cars that stay parked.
  • Early Switch Discount – A few insurance companies give discounts for buying a policy prior to the expiration date on your current policy. You may see this discount when you get insurance quotes online.
  • Memberships – Affiliation with qualifying clubs or civic groups could earn you a nice discount on your next renewal.
  • Mature Driver Discount – Drivers that qualify as senior citizens can get a slight reduction on a insurance quote on F-150 coverage.
  • Telematics Data Discounts – Insureds who allow driving data submission to analyze where and when they drive by using a telematics device such as In-Drive from State Farm or Allstate’s Drivewise system might see lower rates if they are good drivers.
  • Safe Driver Discount – Accident-free drivers can pay as much as 50% less on F-150 coverage than drivers with accident claims.

One last thing about discounts, most credits do not apply to the entire cost. A few only apply to the price of certain insurance coverages like comprehensive or collision. So when the math indicates you would end up receiving a 100% discount, nobody gets a free ride. Any qualifying discounts will definitely reduce your overall premium however.

A few of the larger companies and their offered discounts are shown below.

  • Geico may include discounts for driver training, seat belt use, air bags, multi-policy, defensive driver, and membership and employees.
  • MetLife offers discounts for good driver, defensive driver, good student, multi-policy, and accident-free.
  • State Farm may have discounts that include multiple policy, Steer Clear safe driver discount, good student, anti-theft, driver’s education, and safe vehicle.
  • Progressive offers discounts including multi-policy, homeowner, online quote discount, continuous coverage, good student, and multi-vehicle.
  • Mercury Insurance offers premium reductions for anti-theft, professional/association, ease of repair, location of vehicle, low natural disaster claims, and good driver.
  • 21st Century has savings for early bird, teen driver, anti-lock brakes, good student, student driver, and homeowners.
  • Allstate has discounts for defensive driver, premier discount, auto/life discount, good student, early signing, anti-lock brakes, and safe driver.

When getting free insurance quotes, it’s a good idea to every company the best way to save money. Some discounts may not apply to policies everywhere.

Compare auto insurance quotes

All the larger auto insurance companies allow you to get coverage price quotes from their websites. This process is quite easy because it’s just a matter of typing in on the page. Once entered, their rating system will order your driving record and credit report and provides a quote based on these factors. This simplifies rate comparisons, but the time required to go to each company’s website and repetitively type in your information is a waste of time. But it’s absolutely necessary to do this if you are searching for the lowest possible prices on auto insurance.

An easier way to find better auto insurance pricing utilizes a single form that gets prices from a bunch of companies at once. The form is fast, requires much less work on your part, and makes rate comparisons a little more enjoyable. After your information is entered, it is quoted and you can choose any or none of the pricing results. If one or more price quotes are lower than your current rates, you can simply submit the application and purchase coverage. The entire process takes just a few minutes to complete and may save quite a bit of money.

To save time and compare pricing, simply click here to open in new window and complete the simple form. To compare your current rates, we recommend that you enter coverages and limits identical to your current policy. Using the same limits helps guarantee you will get a rate comparison using the exact same coverages.

You may need specialized insurance coverage

When choosing adequate coverage for your personal vehicles, there really is not a cookie cutter policy. Each situation is unique so your insurance should reflect that For example, these questions may help highlight if you might need professional guidance.

  • I have health insurance so do I need medical payments coverage?
  • What is the difference between comprehensive and collision coverage?
  • Are split liability limits better than a combined single limit?
  • Is my 2002 Ford F-150 covered for smoke damage?
  • Can I afford to buy a different vehicle if my 2002 Ford F-150 is totaled?
  • How do I file an SR-22 for a DUI in my state?
  • Should I get collision insurance on every vehicle?

If you don’t know the answers to these questions but a few of them apply then you might want to talk to an agent. To find an agent in your area, simply complete this short form or click here for a list of insurance companies in your area.

Auto insurance coverages explained

Learning about specific coverages of your policy can be of help when determining the right coverages for your vehicles. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording. Listed below are the usual coverages found on the average auto insurance policy.

Insurance for medical payments

Med pay and PIP coverage provide coverage for bills like surgery, rehabilitation expenses and dental work. They can be used to cover expenses not covered by your health insurance plan or if you do not have health coverage. Coverage applies to you and your occupants in addition to getting struck while a pedestrian. PIP coverage is not an option in every state but can be used in place of medical payments coverage

Uninsured Motorist or Underinsured Motorist insurance

This coverage protects you and your vehicle from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries as well as damage to your Ford F-150.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea.

Liability insurance

This coverage provides protection from damage or injury you incur to other people or property that is your fault. It protects YOU from claims by other people, and doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 50/100/50 which means a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage protects against claims like attorney fees, court costs and loss of income. How much coverage you buy is a decision to put some thought into, but consider buying as much as you can afford.

Collision coverage protection

This coverage will pay to fix damage to your F-150 caused by collision with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for things like damaging your car on a curb, hitting a mailbox, colliding with another moving vehicle and sustaining damage from a pot hole. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. You can also bump up the deductible to bring the cost down.

Comprehensive coverage (or Other than Collision)

This covers 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 can pay for claims like hitting a deer, vandalism and rock chips in glass. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Buy Smart and Save

We’ve covered some good ideas how to lower your 2002 Ford F-150 insurance rates. The most important thing to understand is the more rate quotes you have, the higher the chance of saving money. Drivers may discover the best rates are with a smaller regional carrier. Regional companies may often insure only within specific states and give getter rates than the large multi-state companies such as State Farm, Geico and Nationwide.

As you prepare to switch companies, make sure you don’t buy lower coverage limits just to save a few bucks. There are a lot of situations where an accident victim reduced liability coverage limits and discovered at claim time that the small savings ended up costing them much more. Your aim should be to buy the best coverage you can find at an affordable rate while not skimping on critical coverages.

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