Ford F-150 Lightning Insurance Rates

The average insurance rates for a Ford F-150 Lightning are $1,768 a year for full coverage insurance. Comprehensive insurance costs on average $356, collision insurance costs $714, and liability coverage costs around $498. A liability-only policy costs as low as $574 a year, and high-risk insurance costs $3,846 or more. Teenage drivers cost the most to insure at up to $6,622 a year.

Average premium for full coverage: $1,768

Policy rates by type of insurance:

Rate estimates include $500 physical damage deductibles, 30/60 liability coverage, and includes medical and uninsured motorist coverage. Prices are averaged for all 50 states and for all F-150 Lightning models.

Price Range Variability

Urban vs. Rural Price Range

Where you live has a large influence on insurance rates. Rural areas are shown to have lower incidents of physical damage claims than densely populated cities. The example below illustrates the effect of geographic area on car insurance rates.

The examples above illustrate why everyone should compare prices based on a specific location, rather than using average rates.

Use the form below to get customized rates for your location.

Detailed Rate Analysis

The chart below illustrates average Ford F-150 Lightning insurance rates for different risk profiles and scenarios.

• The best discount rate is $1,010
• Using higher $1,000 deductibles will save around $240 each year
• The estimated price for a good driver age 40 with $500 deductibles is $1,768
• Using pricier low deductibles for physical damage coverage will cost an additional $476 each year
• Higher-risk drivers who are prone to accidents and violations could pay upwards of $3,846
• Policy cost that insures a teenage driver for full coverage may cost $6,622 or more

View Chart as Image

Car insurance rates for a Ford F-150 Lightning also range considerably based on the model of your F-150 Lightning, your age and driving record, and policy deductibles and limits.

If you have a few points on your driving record or you caused an accident, you are probably paying at a minimum $2,100 to $2,900 extra every year, depending on your age. Ford F-150 Lightning insurance for high-risk drivers can be around 44% to 133% more than a normal policy. View High Risk Driver Rates

A more mature driver with no driving violations and higher comprehensive and collision deductibles may only pay around $1,600 a year, or $133 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records will be charged upwards of $6,600 a year. View Rates by Age

Your home state has a huge impact on Ford F-150 Lightning insurance rates. A driver around age 40 might see rates as low as $1,150 a year in states like Vermont, Wisconsin, and North Carolina, or be forced to pay as much as $2,390 on average in Michigan, New York, and Florida.

View Chart as Image

Using high physical damage deductibles could cut rates by as much as $720 a year, whereas buying more liability protection will cost you more. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $448 extra every 12 months. View Rates by Deductible or Liability Limit

How to Find the Best Ford F-150 Lightning Insurance

Finding cheaper rates on auto insurance requires being a safe and courteous driver, having a positive credit history, being claim-free, and possibly raising deductibles. Compare prices every year by requesting quotes from direct insurance companies, and also from your local independent and exclusive agents.

Below is a brief recap of the coverage data covered in the above illustrations.

• It is possible to save as much as $210 per year just by quoting online well ahead of the renewal date
• Increasing comprehensive and collision deductibles can save approximately $725 each year
• Teenage drivers are expensive to insure, possibly costing $552 each month if full coverage is purchased
• Drivers who tend to receive serious violations may pay on average $2,080 more each year for auto insurance