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.

Estimated insurance rates for a Ford F-150 are $866 a year for full coverage. Comprehensive insurance costs an estimated $132 a year, collision costs $134, and liability costs around $442. Liability-only coverage costs as low as $496 a year, with high-risk coverage costing $1,852 or more. Teen drivers pay the most at $3,568 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: $866

Premium estimates broken down by type of coverage:

Estimates include $500 policy deductibles, 30/60 liability coverage, and includes both medical and UM/UIM coverage. Rates include averaging for all states and F-150 trim levels.

Insurance Price Range by Risk and Coverage

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.

Insurance Price Range by Location

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.

Where you live can have significant affects on insurance rates. More rural locations are statistically proven to have a lower frequency of accident claims than larger metro areas.

The diagram below illustrates how location helps determine insurance prices.

These rate differences show why it is important to compare prices for a targeted area and risk profile, instead of using price averages.

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

Rate Comparisons

The chart below shows estimated Ford F-150 insurance rates for other coverage scenarios.

• The lowest rate with discounts is $541
• Using higher $1,000 deductibles will save approximately $806 a year
• The average rate for a 40-year-old good driver who has $500 deductibles is $866
• Choosing low $100 deductibles for physical damage coverage will cost an extra $116 every year
• Drivers with multiple violations and an at-fault accident could pay up to $1,852 or more
• An auto insurance policy for full coverage for a teen driver can cost as much as $3,568 or more

View Chart as Image

Insurance prices for a Ford F-150 also have a wide range based on your driving characteristics, the trim level of your F-150, and liability limits and deductibles.

Older drivers with a clean driving record and high deductibles may pay as little as $800 a year, or $67 per month, for full coverage. Prices are highest for drivers in their teens, where even good drivers can expect to pay at least $3,500 a year. View Rates by Age

Where you choose to live has a huge impact on Ford F-150 insurance prices. A driver around age 40 might see prices as low as $570 a year in states like Iowa, Maine, and Idaho, or as much as $1,240 on average in New York, Louisiana, and Michigan.

View Chart as Image

Choosing high deductibles could cut prices by as much as $180 every year, while buying higher liability limits will increase premiums. Going from a 50/100 limit to a 250/500 limit will cost up to $398 more per year. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you could be paying $1,000 to $1,500 extra annually, depending on your age. A high-risk auto insurance policy can be as much as 42% to 128% more than average. View High Risk Driver Rates

With such a large range in prices, the only way to know which insurance company is cheapest is to get quotes and see which company has the best price. Each insurance company uses a different rate calculation, so the prices will be substantially different from one company to the next.

Insurance Rates by Trim Level and Model Year

Rates assume 2002 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 Low Cost Ford F-150 Insurance

Finding better rates on car insurance requires being a good driver, maintaining good credit, not filing small claims, and taking advantage of discounts. Invest time comparing rates every year by quoting rates from direct carriers like Progressive, GEICO, and Esurance, and also from local independent and exclusive agents.

The following list is a review of the coverage data covered in the charts and tables above.

• Drivers can save approximately $90 per year simply by quoting early and online
• Increasing policy deductibles can save around $175 each year
• Drivers age 16 to 20 are charged the highest prices, as much as $297 per month for full coverage
• Higher risk drivers who have several accidents or serious violations pay an average of $990 more annually than a safer driver

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.