Save on 2015 Ford F-150 Car Insurance Cost

Want lower auto insurance rates for your Ford F-150? Did you make the mistake of buying an underperforming, overpriced auto insurance policy? Don’t sweat it because many consumers are feeling buyer’s remorse and feel like there’s no way out.

Numerous car insurance companies battle for your business, and it can be difficult to compare rates and uncover the absolute best rate

If you are paying for car insurance now, you should be able to reduce your rates substantially using these techniques. Buying car insurance is not rocket science. Nevertheless, vehicle owners must comprehend the way companies sell insurance online because it can help you find the best coverage.

Discounts for affordable auto insurance rates

Some companies don’t always publicize all possible discounts very well, so the below list has some of the more common and the harder-to-find discounts that you can inquire about if you buy car insurance online.

  • Multi-policy Discount – If you have multiple policies and insure them with the same company they may give you a discount of as much as 10 to 15 percent.
  • Early Renewal Discounts – A few insurance companies offer discounts for buying a new policy prior to your current policy expiration. It’s a savings of about 10%.
  • Discount for Good Grades – A discount for being a good student can save 20 to 25%. This discount can apply up until you turn 25.
  • Driver Training Discounts – Successfully completing a driver safety course is a good idea and can lower rates and make you a better driver.
  • Discount for Life Insurance – Select auto insurance companies reward you with a lower premium rate if you buy some life insurance too.
  • ABS Braking Discount – Cars and trucks with ABS and/or traction control are safer to drive and earn discounts up to 10%.
  • Theft Prevention Discount – Vehicles that have factory alarm systems and tracking devices are stolen with less frequency and therefore earn up to a 10% discount.

Policy discounts save money, but some credits don’t apply to your bottom line cost. Most cut individual premiums such as comprehensive or collision. So even though they make it sound like all those discounts means the company will pay you, nobody gets a free ride.

A list of companies and a partial list of their discounts are shown below.

  • 21st Century offers discounts for automatic seat belts, homeowners, teen driver, good student, and theft prevention.
  • Progressive policyholders can earn discounts including online quote discount, multi-policy, continuous coverage, good student, online signing, homeowner, and multi-vehicle.
  • State Farm discounts include anti-theft, passive restraint, good driver, Drive Safe & Save, and Steer Clear safe driver discount.
  • Nationwide may have discounts that include easy pay, Farm Bureau membership, family plan, anti-theft, and good student.
  • Esurance may offer discounts for defensive driver, anti-lock brakes, Switch & Save, online shopper, DriveSense, and anti-theft.
  • The Hartford may include discounts for defensive driver, vehicle fuel type, air bag, good student, anti-theft, driver training, and bundle.

When quoting, ask every insurance company to give you their best rates. Discounts might not apply in your area. To view companies with significant discounts, follow this link.

The quickest method we recommend to compare insurance rates from multiple companies is to realize most of the larger companies pay for the opportunity to quote your coverage. All consumers are required to do is provide the companies a bit of rating information including daily mileage, if it has an anti-theft system, if you lease or own, and your education level. Your information is automatically sent to many highly-rated insurers and they return cost estimate very quickly.

What affects Ford F-150 insurance prices?

It’s important that you understand some of the elements that help determine your policy premiums. If you know what determines base rates, this allows you to make good choices that may result in lower insurance coverage prices. Many things are part of the calculation when you quote your car insurance policy. Some are obvious such as traffic violations, although others are less apparent such as your credit history or how safe your car is.

The itemized list below are some of the factors used by insurance companies to determine your premiums.

  • Prevent coverage lapses – Driving without insurance is illegal and companies may charge more for letting your insurance lapse for non-payment. And not only will insurance be more expensive, being ticketed for driving with no insurance might get you a license revocation or jail time. You may need to submit proof of financial responsibility or a SR-22 with your state DMV.
  • Gender as a rate factor – Over time, data shows females are less aggressive when driving. The data does not necessarily mean that women are better drivers. Men and women cause auto accidents in similar numbers, but males have accidents that have higher claims. In addition to higher claims, males also receive more major tickets like driving under the influence (DUI). Male drivers age 16 to 19 are several times more likely to be in an accident and therefore pay the highest rates.
  • Insurance is expensive for teen drivers – Teenage drivers tend to be less responsible in a vehicle so insurance coverage rates are higher. If you’ve ever had to add a teenage driver to your policy can be very expensive. Older drivers tend to be more responsible, file fewer claims , and are generally more financially stable.
  • Having a spouse equates to better premiums – Having a significant other actually saves money on your policy. Marriage generally demonstrates drivers are more stable financially and insurance companies reward insureds because married drivers get in fewer accidents.

Tailor your insurance coverage coverage to you

When buying the best insurance coverage coverage for your vehicles, there isn’t really a “perfect” insurance plan. Every insured’s situation is different so your insurance needs to address that. These are some specific questions may help highlight whether you might need professional guidance.

  • Which companies will insure high-risk drivers?
  • Am I covered when using my vehicle for business?
  • Am I covered if I crash into my own garage door?
  • What is an SR-22 filing?
  • How can I get my company to pay me more for my totalled car?
  • When should I not file a claim?
  • Is upholstery damage covered by car insurance?
  • Can I make deliveries for my home business?
  • How much liability insurance is required?

If you’re not sure about those questions but one or more may apply to you, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form or you can go here for a list of companies in your area.

Don’t listen to company ads

Insurance coverage providers like Progressive, Allstate and Geico constantly bombard you with ads on TV and radio. They all state the claim of big savings if you just switch your coverage to them. How is it plausible that every one can make almost identical claims? Here is how they do it.

Insurance coverage companies give the cheapest rates for a prospective insured that earns them the highest profit. For example, a driver they prefer should be between 30 and 50, has never had a policy lapse, and has great credit. Any customer who matches those parameters gets the lowest car insurance rates and as a result will probably save a lot if they switch.

Consumers who do not fit these standards will probably be forced to pay a higher premium and this results in business not being written. Company advertisements say “people who switch” not “everyone that quotes” can save as much as they claim. That’s the way companies can make those claims. Each company has different criteria, so you absolutely need to do a price quote comparison at every renewal. It is just not possible to predict with any certainty which company will have the best premium rates for your profile.

Learn about insurance coverages for a Ford F-150

Learning about specific coverages of insurance helps when choosing the best coverages for your vehicles. Policy terminology can be ambiguous and nobody wants to actually read their policy. Below you’ll find typical coverage types found on the average insurance policy.

Med pay and Personal Injury Protection (PIP) – Medical payments and Personal Injury Protection insurance pay for short-term medical expenses such as funeral costs, chiropractic care, dental work, pain medications and prosthetic devices. They are often used in conjunction with a health insurance program or if you lack health insurance entirely. They cover you and your occupants and also covers any family member struck as a pedestrian. PIP is only offered in select states and may carry a deductible

Comprehensive insurance – This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as hail damage, rock chips in glass, damage from getting keyed, a broken windshield and vandalism. The most your insurance company will pay is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage provides protection from other motorists when they do not carry enough liability coverage. Covered claims include medical payments for you and your occupants and damage to your Ford F-150.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Liability – Liability insurance can cover injuries or damage you cause to people or other property that is your fault. This coverage protects you against claims from other people. Liability doesn’t 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. Your policy might show values of 100/300/100 that translate to $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage protects against things such as funeral expenses, attorney fees, medical services and pain and suffering. How much liability coverage do you need? That is a personal decision, but buy as high a limit as you can afford.

Collision – This coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things like colliding with a tree, hitting a mailbox and backing into a parked car. This coverage can be expensive, so you might think about dropping it from lower value vehicles. You can also increase the deductible to save money on collision insurance.

Shop smart and save

Throughout this article, we presented a lot of ways to get a better price on 2015 Ford F-150 insurance. The most important thing to understand is the more you quote car insurance, the higher the chance of saving money. You may even discover the lowest priced insurance coverage comes from an unexpected company. Some small companies may cover specific market segments cheaper than their larger competitors like State Farm, Geico and Nationwide.

Budget-conscious 2015 Ford F-150 insurance can be sourced online and from local agencies, and you need to price shop both so you have a total pricing picture. A few companies may not have online price quotes and usually these regional insurance providers only sell coverage through independent agents.

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