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.

U.S. average insurance rates for a Ford F-150 are $866 a year for full coverage. Comprehensive costs approximately $132 a year, collision costs $134, and liability is $442. A policy with just liability insurance costs around $496 a year, with coverage for high-risk drivers costing around $1,852. Teens pay the highest rates 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

Price estimates by individual coverage:

Prices are based on $500 policy deductibles, liability limits of 30/60, and includes uninsured motorist and medical coverage. Estimates are averaged for all states and F-150 trim levels.

Price Range from Low to High

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.

Geographic 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.

Choosing to live in a large city can make a big difference on car insurance rates. Rural locations have a lower frequency of accident claims than cities with more traffic congestion.

The diagram below illustrates how location helps determine auto insurance prices.

The ranges above show why it is important to compare rates quotes using their specific location and risk profile, instead of making a decision based on averaged prices.

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

Additional Rate Information

The chart below shows estimated Ford F-150 insurance rates for additional coverage and risk scenarios.

• The cheapest rate after discounts is $541
• Raising to $1,000 deductibles will save $806 a year
• The average rate for the average middle-age driver who chooses $500 deductibles is $866
• Selecting low $100 deductibles will increase the cost to $982
• Drivers with serious driving violations could pay around $1,852 or more
• The price for full coverage for a 16-year-old driver can cost $3,568

View Chart as Image

Insurance prices for a Ford F-150 are also quite variable based on your driving record, the trim level of your F-150, and physical damage deductibles and liability limits.

Older drivers with a clean driving record and high deductibles may pay as low as $800 every 12 months on average for full coverage. Prices are much higher for teenage drivers, where even good drivers can expect to pay in the ballpark of $3,500 a year. View Rates by Age

The state you live in also has a big influence on Ford F-150 insurance prices. A middle-age driver might find prices as low as $570 a year in states like Iowa, Maine, and Idaho, or have to pay at least $1,240 on average in New York, Louisiana, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can reduce prices by up to $180 annually, while buying higher liability limits will push prices upward. Going from a 50/100 limit to a 250/500 limit will increase prices by as much as $398 more per year. View Rates by Deductible or Liability Limit

If you have some driving violations or tend to cause accidents, you could be paying anywhere from $1,000 to $1,500 extra each year, depending on your age. A high-risk auto insurance policy is expensive and can cost from 42% to 128% more than the average policy. View High Risk Driver Rates

Since prices can be so different, the only way to know who has the cheapest car insurance prices is to get quotes from multiple companies. Every auto insurance company calculates prices differently, so the prices may be quite 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 Affordable Ford F-150 Insurance

Getting lower rates on insurance for a Ford F-150 consists of avoiding accidents and claims, maintaining good credit, eliminating unnecessary coverage, and maximizing policy discounts. Invest time comparing rates once a year by requesting rates from direct carriers like Progressive and GEICO, and also from local exclusive and independent agents.

The points below are a brief review of the data that was covered in the charts and tables above.

• Drivers can save around $90 per year simply by quoting early and online
• Insureds who purchase increased liability limits will pay approximately $490 each year to raise from a low limit to 250/500 limits
• Drivers under the age of 20 are expensive to insure, with premiums as much as $297 a month for full coverage
• Drivers considered higher risk with DUI or reckless driving convictions may pay on average $990 more per year to insure a Ford F-150

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.