The Ford-F150 has been the best-selling pickup truck in the U.S. for over 40 years. If you already own an F-150 or are considering buying one, you might be wondering how much F-150 car insurance is. The average cost of car insurance in the U.S. is $1,674 per year for full coverage, but that amount varies based on the year, make and model of your vehicle, as well as other factors like the amount of coverage you purchase and your driving record. Bankrate analyzed average rates for the Ford F-150 to help you understand what a competitive price might look like.
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.
- Crash rate stats per make/model: The Insurance Institute for Highway Safety (IIHS) gave the 2019 Ford F-150 an overall crash rating of “good.” However, the headlights were rated as “poor” and the ease of use on the child seat anchor was “marginal.” A vehicle that is generally safer during crashes could reduce injuries and vehicle damage, which could lead to lower insurance costs.
- 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 and Massachusetts), gender (in most states), claims history, marital status and coverage types and limits selected. On average, Ford F-150 owners can expect to pay approximately the following annually for auto insurance:
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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. However, USAA is only available to military members, veterans and their immediate families, so there are other options that have cheap average rates if you don’t qualify. 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
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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.
- Emergency braking: This optional feature includes pedestrian detection and could help you avoid or lessen the impact of collisions.
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 both uninsured and underinsured motorist coverage, which pay damages if a driver hits you but does not have insurance or does not have enough insurance to cover the incident. Uninsured motorist coverage could also pay out if you are the victim of a hit-and-run. You may also want to look into purchasing comprehensive coverage and collision coverage, which are designed to pay for damages to your F-150 caused by both non-accident and accident-related instances, regardless of faults. If you finance your truck, you might also want to consider gap coverage, which could help pay the difference between the depreciated value of your new vehicle and the loan amount if it is totaled or stolen.
If you are unsure how much auto coverage you need, talking with a licensed insurance agent can help.
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 coverage that meets 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.