Purchasing a new car is an exciting experience in a person’s life. With the power to traverse difficult terrain, a Ford F-150 is a dream truck for many.
The average cost of full coverage car insurance is $1,674 per year, according to Bankrate’s study of quoted annual premiums from Quadrant Information Services. However, the make and model you own can sometimes influence your insurance premium. Other factors can, in most states, also affect the price you pay for insurance, such as age, location, credit score and driving history.
How much does it cost to insure a Ford F-150?
The average cost to insure a 2019 Toyota Camry with full coverage car insurance in the United States is $1,674 annually. However, the average cost of car insurance changes when you analyze a different make and model. The average cost to insure a 2019 Ford F-150 is lower than the national average for a 2019 Toyota Camry, at $1,442 annually for full coverage.
Average insurance premiums for Fords vary by model. For instance, a model equipped with top-notch safety equipment may be cheaper to insure than a sports car specifically designed for speed.
- Price of parts: Ford has some of the least costly vehicle parts, which makes the vehicles generally cheap to fix. As a result, insurance companies would have to pay less to repair the vehicles, which could result in lower insurance premiums.
- Safety features: Ford F-150 safety features include blind spot monitors, inflatable rear seatbelts, adaptive cruise control, parking sensors, remote start, cross-traffic alerts and lane departure technology.
Car insurance for a Ford F-150
The cost of car insurance for a Ford F-150 will depend on vehicle characteristics like year and mileage and your personal characteristics like your location, credit history (in most states), age (except Hawaii), gender (in most states), claims history, marital status and coverages selected. On average, Ford F-150 owners can expect to pay approximately the following annually for auto insurance:
|Ford F-150 car insurance||Average annual premium|
Cheapest car insurance companies for a Ford F-150
Of the best car insurance providers in the country (as determined by Bankrate), USAA offered the lowest full coverage car insurance rates, followed closely by Amica and Erie. USAA is only available to military members, veterans and their immediate families, however, so if you don’t qualify there are other cheap options. However, when shopping for insurance, keep in mind that actual rates will vary for every driver. The easiest way to see how much you will pay for your car insurance is to request quotes from insurance providers.
Average annual premium for full coverage by model
|Car insurance company||Ford F-150|
Ford F-150 features that impact insurance costs
Countless vehicle features can affect your car insurance premium. If your vehicle comes equipped with the latest safety features, you may pay less for your car insurance. If your vehicle is built for speed, you may spend more on your insurance as your provider could see you as a higher risk driver.
The following Ford F-150 features may lower your car insurance premium:
- MyKey: This feature allows you to restrict your vehicle’s top speed, audio volume and can require fastening your seatbelt prior to driving.
- Pro-Trailer Backup Assist: You are asked to enter trailer measurements, at which point a camera will track your trailer’s positioning and allow you to back up with the turning of a knob.
- Cross-traffic alerts: Sensors track vehicles behind you when you’re backing out, and will alert you if a vehicle stands in your way.
Other car insurance coverage for a Ford F-150
If you recently purchased a new Ford F-150, you may want to consider purchasing more insurance than the minimum liability requirements in your state. If you are involved in a collision and do not have enough insurance to cover the damages, you will have to pay for repairs or medical expenses out-of-pocket.
To protect your finances, you may want to consider adding uninsured and underinsured motorist coverage, which pays damages if a driver hits you but does not have enough insurance to cover the incident. This coverage also pays out if you are the victim of a hit and run. You may also want to look into purchasing collision coverage, which will pay for damages to your F-150 in the event that you are at-fault in an accident.
If you are unsure how much auto coverage you need, talking with a licensed insurance agent can help.
Frequently asked questions
Is insurance less for a Ford F-150 than other pickup trucks?
The exact cost to insure your Ford F-150 will depend on several factors, including your geographic location, vehicle model, driving history, credit history (in most states), marital status, age (except Hawaii), gender (in most states) and more. On average, the Ford F-150 is cheaper to insure than many other truck models, including the Nissan Titan, which comes with an annual premium of around $400 more for full coverage auto insurance.
Why do some cars cost more to insure than others?
Car insurance premiums are determined based on a number of factors, including the vehicle type and model. Some vehicles may be considered a higher risk to insure due to factors like safety ratings, accident rates and cost to repair or replace.
What is the best auto insurance provider for the Ford F-150?
The best auto insurance provider for your Ford F-150 largely depends on personal preferences and needs. Of the companies we analyzed, USAA and Amica offered the lowest annual full coverage rates for Ford F-150s. However, you may be more interested in finding a provider with high customer satisfaction or a highly rated digital app. To find the best provider for you, it may help to talk with a licensed insurance agent and request quotes from multiple providers.
Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $50,000 property damage liability per accident
- $100,000 uninsured motorist bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our sample drivers own a 2019 Ford F-150, commute five days a week and drive 12,000 miles annually.
These are sample rates and should be used for comparative purposes only. Your quotes may be different.