1. Vehicles
  2. Ford
  3. F-150
  4. 2020 Model Year

2020 Ford F-150 Insurance Rates

Enter your zip code below to view companies that have cheap auto insurance rates.

Jeffrey Johnson graduated summa cum laude from the University of Baltimore School of Law and has worked in legal offices and nonprofits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman University and worked in film, education, and publishing...

Full Bio →

Written by

UPDATED: Apr 9, 2020

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We partner with top insurance providers. This doesn't influence our content. Our opinions are our own.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

Average insurance rates for a 2020 Ford F-150 are $1,322 a year for full coverage. Comprehensive costs approximately $322, collision costs $470, and liability coverage costs $372. Buying a liability-only policy costs as little as $438 a year, with high-risk insurance costing around $2,822. Teenage drivers receive the highest rates at $4,832 a year or more.

Annual premium for full coverage: $1,322

Rate estimates for 2020 Ford F-150 Insurance

Comprehensive $322
Collision $470
Liability $372

Rate data is compiled from all 50 U.S. states and averaged for all 2020 Ford F-150 models. Rates are based on a 40-year-old male driver, $500 comprehensive and collision deductibles, and a clean driving record. Remaining premium consists of UM/UIM coverage, Medical/PIP, and policy fees.

Price Range by Coverage and Risk

For a driver in their 40's, prices range go from as low as $438 for only liability insurance to the much higher price of $2,822 for a driver who has had serious violations or accidents.

Liability Only $438
Full Coverage $1,322
High Risk $2,822

View Chart as Image

2020 Ford F-150 insurance rates compared
Column chart showing 2020 Ford F-150 insurance prices range from $777 to $4,832 for full coverage

These differences show why everyone should compare rates using their specific location and risk profile, rather than using average rates.

Use the form below to get rates for your location.

Enter your zip code below to view companies based on your location that have cheap auto insurance rates.

Recommended Companies for Cheap 2020 Ford F-150 Insurance

Searching Companies

There isn’t anyone who loves paying for auto insurance, in particular when they are paying too much. Due to the increasing number of choices of insurance companies, it’s difficult to choose the lowest price company.

Finding the best rates is not that difficult. If you are insured now or need a new policy, you can use this information to shop for the lowest rates while maximizing coverage. Drivers only need to know the most effective way to find the lowest price online.

How to buy insurance

Getting a low cost price on 2020 Ford F-150 insurance is not rocket science. Just take a couple of minutes to compare rate quotes provided by online insurance companies. Comparing prices online can be done in several different ways.

  1. The most efficient way to compare a lot of rates at once is a comparison rater form. This method keeps you from doing separate quotation requests for each price estimate. One quote request gets prices estimates from many national carriers.
  2. Another way to get comparison quotes requires visiting each company website and repeat the quote process. For sake of this example, we’ll pretend you want to compare Farmers, Esurance and GEICO. To find out each rate you need to spend time going to each site individually to enter your coverage information, which is why the first method is quicker.
  3. The least recommended method to shop rates to each insurance agency near you. Doing it all online makes this unnecessary unless you’re the type of person who wants the trained guidance that only a licensed agent can provide. Although you can price shop online and get advice from an agent in your area.

You can use whichever method you prefer to find lower rates, just do your best to use identical coverage data on every quote you get. If you enter differing limits it will be very difficult to get a fair rate comparison.

Find the Cheapest Quotes in Your Area

Get multiple rate quotes instantly and find your cheapest rate

Insurance agents can help

When it comes to choosing adequate coverage, there really is no perfect coverage plan. Everyone’s situation is unique so your insurance needs to address that. Here are some questions about coverages that might help in determining if your situation might need professional guidance.

  • Is my trailer covered?
  • Can my teen drive my company car?
  • What is medical payments coverage?
  • Do I need replacement cost coverage on my 2020 Ford F-150?
  • Am I covered if I wreck a rental car?
  • Does my car insurance cover rental cars?
  • Can I afford to pay high deductible claims out of pocket?

If you can’t answer these questions then you might want to talk to an agent. If you don’t have a local agent, complete your zip code. It’s fast, free and can help protect your family.

Car insurance coverage breakdown

Having a good grasp of your car insurance policy can help you determine the right coverages and the correct deductibles and limits. The coverage terms in a policy can be confusing and reading a policy is terribly boring. Listed below are the normal coverages offered by car insurance companies.

Coverage for liability

This coverage will cover damages or injuries you inflict on people or other property by causing an accident. It protects YOU from legal claims by others, and does not provide coverage for your injuries or vehicle damage.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show policy limits of 50/100/50 which stand for $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000.

Liability can pay for claims such as structural damage, medical services, repair costs for stationary objects, bail bonds and loss of income. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses like rehabilitation expenses, ambulance fees and X-ray expenses. They can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. They cover both the driver and occupants in addition to being hit by a car walking across the street. PIP is not universally available and may carry a deductible

Collision insurance

Collision coverage pays to fix your vehicle from damage resulting from a collision with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims such as backing into a parked car, colliding with another moving vehicle, damaging your car on a curb and sustaining damage from a pot hole. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to increase the deductible to bring the cost down.

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle when other motorists either have no liability insurance or not enough. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.

Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

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 can pay for things like hitting a deer, hail damage, damage from flooding, a broken windshield and rock chips in glass. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Find the Cheapest Quotes in Your Area

Get multiple rate quotes instantly and find your cheapest rate

Rates by U.S. City

2020 Ford F-150 Insurance Rates by City
City Premium
New York City, NY $2,088
Los Angeles, CA $2,259
Philadelphia, PA $1,767
Jacksonville, FL $1,919
Phoenix, AZ $1,534
Chicago, IL $1,775
Houston, TX $2,072
Seattle, WA $1,288
Columbus, OH $1,104
Indianapolis, IN $1,123

Need a specific model?

Choose your model and trim below

Rates by Driver Age

2020 Ford F-150 Insurance Rates by Driver Age
Driver Age Premium
16 $4,832
20 $2,998
30 $1,380
40 $1,322
50 $1,206
60 $1,180

Full coverage, $500 deductibles

Rates by Deductible

2020 Ford F-150 Insurance Rates with Different Deductibles
Deductible Premium
$100 $1,664
$250 $1,508
$500 $1,322
$1,000 $1,140

Full coverage, driver age 40

Rates by Liability Limit

Ford F-150 Insurance Rates with Different Liability Limits
Liability Limit Premium
30/60 $1,322
50/100 $1,396
100/300 $1,489
250/500 $1,731
100 CSL $1,434
300 CSL $1,638
500 CSL $1,787

Full coverage, driver age 40

Rates for High Risk Drivers

2020 Ford F-150 Insurance Rates for High Risk Drivers
Age Premium
16 $6,878
20 $4,750
30 $2,882
40 $2,822
50 $2,688
60 $2,660

Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident

If a financial responsibility filing is required, the additional charge below may also apply.

SR-22 Surcharge $175

Potential Rate Discounts

If you qualify for discounts, you may save the amounts shown below.

Discount Savings
Multi-policy $70
Multi-vehicle $66
Homeowner $19
5-yr Accident Free $93
5-yr Claim Free $83
Paid in Full/EFT $58
Advance Quote $63
Online Quote $93
Total Discounts $545
Rate after discounts $777

Discounts are estimated and may not be available from every company or in every state.

Find companies with the cheapest rates in your area

2020 Ford F-150 Insurance Rates by State
State Premium
Alabama $1,194
Alaska $1,014
Arizona $1,096
Arkansas $1,322
California $1,506
Colorado $1,264
Connecticut $1,358
Delaware $1,496
Florida $1,654
Georgia $1,222
Hawaii $950
Idaho $894
Illinois $986
Indiana $994
Iowa $894
Kansas $1,258
Kentucky $1,802
Louisiana $1,956
Maine $816
Maryland $1,092
Massachusetts $1,060
Michigan $2,296
Minnesota $1,106
Mississippi $1,584
Missouri $1,172
Montana $1,420
Nebraska $1,044
Nevada $1,584
New Hampshire $952
New Jersey $1,478
New Mexico $1,170
New York $1,392
North Carolina $762
North Dakota $1,082
Ohio $912
Oklahoma $1,358
Oregon $1,210
Pennsylvania $1,262
Rhode Island $1,762
South Carolina $1,200
South Dakota $1,116
Tennessee $1,158
Texas $1,594
Utah $980
Vermont $904
Virginia $792
Washington $1,022
West Virginia $1,210
Wisconsin $914
Wyoming $1,178

You May Also Enjoy These Articles