Searching for cheaper auto insurance rates for your Ford F-150? I can’t think of a single person who looks forward to paying premiums for auto insurance, especially knowing they are paying too much. Numerous insurers battle for your business, so it can be very hard to choose a insurer to find the absolute cheapest price
It’s a great practice to compare premium rates before your next renewal because auto insurance prices change regularly. Even if you got the best price for F-150 coverage on your last policy other companies may now be cheaper. Forget all the misinformation about auto insurance because I’m going to let you in on the secrets to the fastest and easiest way to reduce your cost while improving coverage.
Most companies give prices for coverage from their websites. Doing online price comparisons is fairly straightforward as you just enter the amount of coverage you want as requested by the quote form. Once entered, the system automatically orders your driving and credit reports and generates pricing information. This makes it simple to compare prices but having to visit several different sites and type in your information is monotonous and tiresome. But it is imperative to have as many quotes as possible if you want to find the lowest possible prices on insurance coverage.
A less time-consuming method to find better insurance coverage pricing requires only one form that gets price quotes from more than one company. The form is fast, eliminates form submissions, and makes online price comparison much easier. Once the form is submitted, it gets priced and you can choose your choice of the quotes returned. If one or more price quotes are lower than your current rates, you can simply submit the application and buy the policy. This process takes less than 15 minutes and can result in significant savings.
To get comparison pricing now, click here to open in a new tab and enter your vehicle and coverage information. To compare your current rates, we recommend you complete the form with the limits and deductibles exactly as shown on your declarations page. This guarantees you will have comparison quotes based on similar coverages.
Some providers don’t always publicize every discount in a way that’s easy to find, so we took the time to find a few of the more well known and the harder-to-find credits that may apply to you.
We need to note that some of the credits will not apply to the entire policy premium. Most only cut specific coverage prices like physical damage coverage or medical payments. Even though the math looks like you would end up receiving a 100% discount, it just doesn’t work that way. Any qualifying discounts will lower your overall premium however.
Companies and the discounts they provide are included below.
Before buying, ask each company or agent to give you their best rates. Some discounts listed above may not be offered in every state. To see insurers that offer some of these discounts, follow this link.
Part of the auto insurance buying process is learning the factors that are used to determine auto insurance rates. If you understand what controls the rates you pay, this empowers consumers to make smart changes that may result in lower premium levels. Lots of things are taken into consideration when you get your auto insurance bill. Some factors are common sense like your driving record, but others are less obvious like where you live or your financial responsibility.
The itemized list below are a partial list of the pieces auto insurance companies consider when setting premiums.
When buying the right insurance coverage for your personal vehicles, there is no best way to insure your cars. Everyone’s situation is unique so your insurance should reflect that For example, these questions could help you determine if you might need an agent’s assistance.
If you don’t know the answers to these questions, you might consider talking to a licensed agent. To find an agent in your area, simply complete this short form or you can also visit this page to select a carrier It is quick, free and can provide invaluable advice.
Consumers can’t ignore all the ads that claim the cheapest prices from the likes of State Farm and Allstate. They all state the claim of big savings after switching your policy.
How is it plausible that every one can charge lower premium rates? Just pay attention to how they say it.
Most companies quote the lowest rates for the type of driver that earns them a profit. An example of a preferred risk could be over the age of 50, has never had a claim, and drives a lower-performance vehicle. Anybody who matches those parameters will get very good car insurance rates and will save if they switch.
Insureds who are not a match for those criteria may receive a higher rate and this can result in business going elsewhere. If you pay attention, the ads say “people that switch” not “everyone who quotes” save the amount stated. That’s the way companies can advertise the savings. This illustrates why it is so important to compare rate quotes every year. Because without a comparison, you cannot know which company will provide you with the cheapest premium rates.
Knowing the specifics of insurance can help you determine the right coverages and the correct deductibles and limits. Insurance terms can be confusing and reading a policy is terribly boring. Listed below are the normal coverages offered by insurance companies.
Collision insurance
This coverage pays to fix your vehicle from damage caused by collision with an object or car. You will need to pay your deductible and then insurance will cover the remainder.
Collision can pay for claims such as hitting a parking meter, colliding with a tree and crashing into a ditch. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. Another option is to raise the deductible to save money on collision insurance.
Uninsured/Underinsured Motorist (UM/UIM)
Uninsured or Underinsured Motorist coverage provides protection when other motorists do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants as well as damage to your 2014 Ford F-150.
Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important.
Comprehensive insurance
This covers damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive insurance covers claims like theft, hitting a deer and damage from getting keyed. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.
Liability insurance
Liability insurance can cover damage or injury you incur to people or other property. It protects YOU from claims by other people. It does not cover damage sustained by your vehicle in an accident.
Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have values of 100/300/100 which stand for $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery.
Liability insurance covers things like emergency aid, medical expenses, pain and suffering, medical services and legal defense fees. How much liability should you purchase? That is a decision to put some thought into, but consider buying as large an amount as possible.
Med pay and Personal Injury Protection (PIP)
Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses for things like dental work, X-ray expenses and pain medications. The coverages can be used in conjunction with a health insurance policy or if there is no health insurance coverage. It covers you and your occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay
Throughout this article, we presented some good ideas how you can lower your 2014 Ford F-150 insurance premium rates. The key concept to understand is the more companies you get prices for, the more likely it is that you will get a better rate. You may be surprised to find that the best premium rates are with an unexpected company. Regional companies may only write in your state and offer lower prices than the large multi-state companies such as State Farm and Allstate.
When shopping online for auto insurance, it’s a bad idea to buy lower coverage limits just to save a few bucks. In many instances, an insured cut uninsured motorist or liability limits only to regret that a couple dollars of savings turned into a financial nightmare. The ultimate goal is to buy enough coverage at an affordable rate.