Ford F-150 Insurance Rates

If you are curious to know more about Ford F-150 insurance rates, you should know that drivers pay an average of $1,322 for full coverage, which amounts to a $110 monthly bill.

Another thing you might have asked yourself is, “How much is insurance on a Ford Raptor?” if you drive the top-end F-150 model. In order to guide you on your search for a Ford F-150 or Ford Raptor insurance policy, we’ve prepared this comprehensive article.

This guide will educate you on the differences between things such as 2019 F-150 car insurance cost, 2012 Ford F-150 car insurance costs, and 2019 Ford Raptor insurance costs.

Once you’re ready to find cheap car insurance by comparing great car insurance rates, enter your five-digit ZIP code into our free quote tool to start comparing Ford F-150 car insurance rates from top Ford F-150 car insurance companies.

The average insurance rates for a Ford F-150 are $1,298 a year including full coverage. Comprehensive costs around $294 each year, collision costs $448, and liability insurance costs $398. Liability-only coverage costs as little as $460 a year, with high-risk coverage costing around $2,782. Teen drivers cost the most to insure at $4,828 a year or more.

As you can see by the huge price difference (over $4,000 difference between liability-only and a teen driver with full coverage), the rate you will actually pay will most likely fall somewhere in the middle.

Car insurance coverage is generally divided into two categories, liability and physical damage coverage, with physical damage insurance consisting of comprehensive and collision. Liability insurance protects your assets if you are determined to be legally liable for damages, whereas physical damage coverage pays to fix any damage to your F-150 caused by collision, hail, fire, flood, etc.

Let’s now break down those coverages and see how they actually contribute to the cost of insurance on a Ford F-150.

Average premium for full coverage: $1,298

Policy rates for type of insurance:

Includes $500 policy deductibles, 30/60 split liability limits, and includes additional medical/uninsured motorist coverage. Prices are averaged for all 50 U.S. states and F-150 models.

Price Range Variability

As you should have noticed by now, the price of insurance can vary considerably. The illustration below gives a visual representation of the lowest and highest price scenarios, excluding the sky-high price for insuring a teen driver.

Urban vs. Rural Price Range

Insurance companies factor in geographic location for a number of reasons including crime rates and weather. Areas prone to higher incidents of vehicle theft or hail storms will have rates adjusted upwards to account for higher claim frequency.

Your location has a significant impact on the price of insurance. Areas with sparse population are shown to have a lower frequency of comprehensive and collision claims than larger metro areas.

The graphic below illustrates how location helps determine auto insurance rates.

The examples above highlight why all drivers should compare rates for a specific zip code and risk profile, rather than relying on price averages.

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

Additional Rate Analysis

The chart below breaks down estimated Ford F-150 insurance rates for additional coverage choices and driver risks.

• The lowest rate with discounts is $762
• Drivers who choose higher $1,000 deductibles will pay about $168 every year
• The average rate for a good driver age 40 using $500 deductibles is $1,298
• Choosing low deductibles for comprehensive and collision insurance will increase the cost to $1,622
• High risk drivers with multiple violations and an at-fault accident could pay at least $2,782 or more
• Policy cost for full coverage for a teen driver can be $4,828 a year

View Chart as Image

Insurance rates for a Ford F-150 also range considerably based on your risk profile, the model of your F-150, and deductibles and policy limits.

More mature drivers with no violations or accidents and high deductibles could pay as little as $1,200 per year on average, or $100 per month, for full coverage. Rates are highest for teenagers, where even good drivers should be prepared to pay as much as $4,800 a year. View Rates by Age

Your home state makes a big difference in Ford F-150 insurance rates. A 40-year-old driver could pay as low as $1,000 a year in states like Missouri, New Hampshire, and Vermont, or as much as $1,850 on average in Michigan, New York, and Louisiana.

View Chart as Image

Choosing high deductibles could save up to $500 each year, whereas increasing liability limits will increase rates. Changing from a 50/100 limit to a 250/500 limit will raise rates by up to $358 more each year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you are likely paying at least $1,500 to $2,100 additional every year, depending on your age. Insurance for high-risk drivers can cost anywhere from 43% to 129% more than average. View High Risk Driver Rates

Because rates have so much variability, the best way to figure out your exact price is to do a rate comparison from as many companies as possible. Every company uses a different rate calculation, and rates will be varied from one company to the next.

Insurance Rates by Trim Level and Model Year

Rates assume 2023 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

How to Find the Cheapest Ford F-150 Insurance

Finding cheaper rates on Ford F-150 insurance not only requires being safe and accident-free, but also having a good credit history, paying for small claims out-of-pocket, and taking advantage of discounts. Invest time comparing rates at least every other year by requesting rates from direct car insurance companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

Below you'll find a recap of the car insurance concepts covered in the charts and tables above.

• High-risk drivers that have major violations or accidents pay on average $1,480 more every year than a low-risk driver
• You may be able to save up to $150 per year simply by quoting online in advance
• Increasing comprehensive and collision deductibles can save around $500 each year
• Drivers who may need more liability protection will pay about $440 per year to go from a 30/60 limit to 250/500 limits

Now that’s a lot of information to absorb from one article. The key takeaways we want you to learn are that auto insurance costs are constantly changing. The cost to insure a Ford F-150 today will be different that the cost in six or 12 months.

Insurance companies adjust rates frequently as their underwriting goals and profitability outlook changes. A downturn in the investment markets can result in an uptick in car insurance rates as insurance companies try to maintain profitability and appease their shareholders.

If it feels like you’re cutting checks at the whim of a big corporation, you’re right, but you do actually have considerable control over how much you pay for auto insurance. Personal risk factors play the largest part in determining the cost to insure a Ford truck, so take the following things into consideration the next time you hit the highway.

• Avoiding tickets and at-fault accidents are the best way to keep rates down.
• Keep an eye on your credit score and take proactive steps to ensure it remains at a high level. 720 and above is generally considered good, with anything over 800 being excellent.
• Shop around because there are many, many options for auto insurance and you are not obligated to remain with the same company.
• The younger you are, the more expensive it will be to buy car insurance. You can raise your deductibles to lower the cost, but just make sure you have enough savings to cover the extra out-of-pocket expense you may incur if you have a physical damage claim.
• Check with your agent or company to make sure you’re getting every discount you’re entitled to. Some discounts, like being a member of a professional organization, are not always clearly stated so make sure your agent or company reviews every possible discount available.

Finding the best insurance for your Ford F-150 is a balance of cost and company reliability. If you just want the cheapest insurance, it’s an easy comparison on price alone. But if you want a company that has a good price along with a stellar reputation, then you will need to do a little more work.

Online reviews are a great place to start to narrow down your options, and also talk to friends and family about their experiences with their insurance company. You can quickly create a small list of candidates to obtain price quotes from and you’ll be well on your way to finding the best insurance for America’s best-selling truck, the Ford F-150!

As you can see from the information we’ve gone over to this point, there are several moving parts that ultimately determine Ford F-150 costs. Take advantage of our free online quote tool below to start comparing Ford F-150 rates from several companies.

What are the safety ratings of the Ford F-150?

When quoting a driver, insurance companies will look at the safety features and ratings of the model you drive in order to determine the risk of injury to you as well as the risk of damage to your Ford F-150. Based on that, you can have an idea of potential future the Ford F-150 maintenance cost.

Take a look at the following safety ratings of the Ford F-150 as determined by the Insurance Institute for Highway Safety (IIHS).

• Small overlap front (driver-side): Good
• Small overlap front (passenger-side): Good
• Moderate overlap front: Good
• Side: Good
• Roof strength: Good
• Head restraints and seats: Good

As you can see from these crash test results, the Ford F-150 received the highest mark possible in all six categories.

Ford F-150 Compared Against Other Vehicles in the Same Class

The Insurance Institute for Highway Safety classifies the Ford F-150 as a large pickup truck.

If you are curious to know how the Ford F-150 stacks up to other similar models, take a look at the following three models. Each page provides information on the insurance rates for each comparable pickup so you can cross-reference them with the Ford F-150.

• Chevrolet Silverado
• GMC Sierra
• Nissan Titan

Now that we have gone into great detail about Ford F-150 insurance costs, is there anything you want to know more about? If not, be sure to use our free online tool to start comparing Ford F-150 car insurance quotes from top auto insurance companies today.