Cheap Insurance Quotes for a Ford F-150 in Arkansas

We always joke that when we write about auto insurance, the word “cheap” really should not be used anywhere in the article as a descriptor for auto insurance rates. Despite the oxymoron, cheap car insurance for a Ford F-150 does not exist. Don’t let that ruin your day, because we are going to show you how you can still find and buy insurance that is cheaper than what you are paying now.

Your chances of finding the best cheap auto insurance for a Ford F-150 in Arkansas depends upon a large number of rating criteria such as when you were born, your occupation, and if your driving record is clean. Drivers in Arkansas will pay around $1,130 each year to buy insurance for a Ford F-150, but that rate is a valuation based on rate data for a 40-year-old single male that wants comprehensive and collision coverage and $500 deductibles.

Chances are that rate is not what you would pay, because most likely you are not exactly 40 years old and possibly not even male, married instead of single, or maybe your F-150 is old enough that it doesn’t require full coverage. This illustrates why the best way to find cheap insurance prices for your Ford is to take your time and compare rates from as many companies as possible.

The trim level of your vehicle impacts the insurance rate, so the rate you pay to insure a F-150 XL Regular Cab 2WD trim level will be $298 less expensive the price to insure the more costly F-150 Lariat Crew Cab Platinum 4WD version, as shown in the table below.

Price data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Arkansas minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, homeowner, and safe-driver. Prices do not factor in vehicle location which can modify prices considerably.

Deciding which insurers offer the most affordable insurance rates for a Ford F-150 involves more work in order to find the most economical policy. Every car insurance company used slightly different criteria for establishing rates, so we’ll take a look at the most budget-friendly insurance companies in Arkansas.

USAA may offer some of the lowest car insurance rates in Arkansas at around $991 each year. Auto Club, Travelers, Southern Farm Bureau, and State Farm also are some of the most economical Arkansas insurance companies.

In the above rates, if you are a policyholder with Auto Club and switched to USAA, you could earn an annual savings of in the vicinity of $44. Insureds with Travelers could save as much as $102 a year, and Southern Farm Bureau insureds might lower prices by up to $186 a year.

Remember that these policy prices are averages for all drivers and vehicles and are not factoring in a specific rate value for a Ford F-150. So the insurer that has the cheapest price for you may not even be shown in the chart above. That’s why you need to compare rates from as many companies as possible using your own personal information and vehicle type.

Rate increases following a ticket or accident

One of the best ways to maintain cheap insurance rates in Arkansas for a F-150 pickup is to drive attentively and avoid getting tickets or having accidents. The information below shows how traffic citations and accidents can affect auto insurance costs for each age group. The information is based on a single female driver, full physical damage coverage, $250 deductibles, and no discounts are factored in.

In the example above, the average cost of a car insurance policy in Arkansas per year with no accidents and a clean driving record is $1,871. Add in one speeding ticket and the average cost swells to $2,121, an increase of $250 each year. Next add two accidents along with the one speeding ticket and the yearly cost of insurance for a Ford F-150 goes up to an average of $4,315. That’s an increase of $2,444, or $204 per month, just for not driving safely!

Discounts on cheap insurance for a Ford F-150 in Arkansas

Insurers that provide policies for a Ford F-150 may also provide rate discounts that could potentially reduce rates by as much as 35% if you meet specific criteria. A list of insurance companies and some of the discounts are detailed below.

The chart below shows the difference between premium costs with and without discounts. The premiums are based on a female driver, no tickets, no at-fault accidents, Arkansas state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows the average annual price with no discounts. The second bar shows the rates with claim-free, safe-driver, multiple vehicle, homeowner, anti-theft, and defensive driving course discounts applied. When these discounts are applied, the average savings per year on insurance for a Ford F-150 is % or $.

Full coverage versus liability only rates

Finding cheap insurance for a Ford F-150 in Arkansas is the goal of most drivers, and one of the fastest ways to buy cheap insurance is to buy liability only. The diagram below compares car insurance costs when comparing full coverage to liability only. The price estimates are based on no claims or driving violations, $1,000 deductibles, drivers are not married, and no policy discounts are applied.

If we average all the age groups together, physical damage insurance costs $1,711 per year more than just buying liability only. That amount may make you wonder if physical damage coverage is worth the money. There is no set guideline for dropping comprehensive and collision coverage on your policy, but there is a broad guideline. If the annual cost of coverage is more than about 10% of replacement cost minus your deductible, then it’s probably a good time to buy liability coverage only.

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