How much is insurance for a Ford F-150?

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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. However, the type of car you own can sometimes influence your insurance premium.

How much does having a Ford F-150 affect your car insurance rate?

The average cost to insure a vehicle with full coverage car insurance in the United States is $1,738. However, the average cost to insure a 2019 Ford F-150 is lower at $1,442 annually.

Insurance carriers evaluate vehicles based on factors such as:

  • Accident rate
  • Cost of repairs
  • Purchase price
  • Theft rate
  • Vehicle safety features and ratings
  • Vehicle year

For example, Ford pickup trucks are the most stolen cars. However, newer F-150s are more likely to have more recent safety advancements. How these factors influence rates will vary across providers.

How much is 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 personal characteristics like your location, credit history, age, gender, claims history, marital status and coverages selected. On average, Ford F-150 owners can expect to pay approximately the following annually for auto insurance:

Average annual minimum coverage premium Average annual full coverage premium
$499 $1,442

Each insurance carrier features different rates and can be more or less expensive, depending on the company you choose. The following table illustrates what the most common insurance companies charge on average for auto insurance for a Ford F-150:

Average annual minimum coverage Average annual full coverage premium
Allstate $529 $1,672
American Family $647 $1,574
Amica $396 $1,120
Auto-Owners $346 $1,174
Chubb $544 $1,692
Farmers $629 $1,509
Geico $362 $1,349
MetLife $774 $1,674
Nationwide $558 $1,209
Progressive $453 $1,239
State Farm $456 $1,300
Travelers $540 $1,329
USAA $333 $1,059

What factors influence your car insurance other than your car?

Aside from the vehicle type, insurance companies may consider certain of the following factors are to determine the cost of your insurance premium:

  • Age
  • Annual miles driven
  • Claims history
  • Coverages and deductibles in the policy
  • Credit history
  • Driving record
  • Gender
  • Geographic location
  • Marital status
  • Previous insurance coverage
  • Vehicle use
  • Years of driving experience

Your insurance rate will vary across providers based on which characteristics the provider considers and how important the companies consider each aspect. How much your vehicle influences those rates will depend on how each provider chooses to weigh that factor.

How can you save money on Ford F-150 car insurance?

Drivers may be able to save money on their premiums by taking advantage of available discounts and shopping for more favorable F-150 models. The following are some ways people could lower their premiums:

  • Ask about discounts: Most insurance companies have discounts for eligible policyholders. Some of the most common discounts include those for safe driving, good grades, vehicle safety equipment and multiple policies from the same provider. Check with your provider to see what discounts you may be eligible for.
  • Buy older models: While newer Ford F-150s typically outshine their ancestors in safety ratings, more recent model years will generally be worth more and therefore cost more to replace. Some people might also not choose coverages like comprehensive coverage if the vehicle is paid off or not worth as much.
  • Drive safely: Drivers with a clean history in the past five years (meaning no traffic violations or accidents) could receive more favorable rates because these drivers are generally seen as less risky. Some insurance companies even provide possible discounts for people who use their safe driving programs.
  • Increase your deductible: Your insurance deductible is the amount of money you pay out-of-pocket before insurance benefits kick in. Because the insured is taking on more of a financial risk, policies with higher deductibles generally cost less money.
  • Maintain good credit: Many insurance companies consider credit history when determining rates, although some states do not allow providers to do this. According to research, people who maintain a good credit history make fewer insurance claims.

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, marital status, age, gender and more.

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. Shopping around for rates can help you choose.

Methodology

Bankrate utilizes Quadrant Information Services to analyze 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.

Rates are determined based on 2020 Quadrant Information Services data.