1993 Ford F-150 SVT Lightning Insurance Rates

Want the cheapest car insurance rates for your Ford F-150 SVT Lightning? Are you tired of sacrificing other expenses to keep your car insured? You are in the same boat as many other drivers. Because you have many different company options, it can be impossible to find a more affordable car insurance company.

Learn how to find auto insurance for less

Lots of factors are considered when you get a price on insurance. Some are pretty understandable such as your driving history, although others are more transparent like where you live or how financially stable you are.

  • Annual miles impacts rates – Driving a lot of miles in a year’s time the higher the price you pay to insure it. A lot of companies price each vehicle’s coverage partially by how you use the vehicle. Autos that have low annual miles can be on a lower rate level than those used for commuting. It’s a good idea to make sure your policy reflects the proper vehicle usage, because improper ratings can cost you money. Improper usage on your F-150 SVT Lightning is just wasting money.
  • Raising comp and collision deductibles lowers premiums – Insurance for physical damage to your car, otherwise known as comp (or other than collision) and collision, covers damage that occurs to your Ford. Some examples of claims that would be covered would be a broken side mirror, collision with an animal, and burglary. Physical damage deductibles define the amount you are required to pay if a covered claim is submitted. The more damage repair cost you are required to pay out-of-pocket, the lower your rates will be for F-150 SVT Lightning insurance.
  • Higher rates for policy lapses – Letting your insurance expire is a guaranteed way to increase your rates. In addition to paying higher premiums, the inability to provide proof of insurance can result in a fine, jail time, or a revoked license.
  • Auto insurance rates and your vocation – Occupations like lawyers, social workers and medical professionals tend to have the highest average rates due to job stress and incredibly demanding work hours. On the flip side, professions such as professors, athletes and retirees receive lower rates for F-150 SVT Lightning insurance.

Save a ton by getting discounts

Auto insurance companies don’t list all possible discounts in a way that’s easy to find, so here is a list both well-publicized and the harder-to-find discounts that you may qualify for. If you do not check that you are getting every discount available, you may be paying too high a price.

  • No Charge for an Accident – but certain companies permit an accident without getting socked with a rate hike if your claims history is clear prior to the accident.
  • Bundled Policy Discount – If you can bundle your auto and homeowners insurance with one insurance company you could save nearly 15% which can help you find inexpensive insurance coverage.
  • Senior Citizen Rates – If you’re over the age of 55, you may receive a small discount on rates for F-150 SVT Lightning insurance.
  • Full Payment Discount – If paying your policy premium upfront as opposed to paying monthly you may have a lower total premium amount.
  • Distant College Student Discount – Children who are enrolled in a college that is more than 100 miles from home and do not take a car to college could get you a discount.

Discounts save money, but please remember that most of the big mark downs will not be given the the whole policy. Some only apply to individual premiums such as physical damage coverage or medical payments. If you do the math and it seems like adding up those discounts means a free policy, you won’t be that lucky.

A list of companies and a partial list of their discounts are shown below.

  • GEICO offers discounts including good student, membership and employees, anti-lock brakes, emergency military deployment, defensive driver, five-year accident-free, and multi-vehicle.
  • Travelers discounts include multi-policy, payment discounts, save driver, driver training, and multi-car.
  • Nationwide may have discounts that include business or organization, anti-theft, multi-policy, defensive driving, and accident-free.
  • Farmers Insurance has discounts for business and professional, pay in full, early shopping, good student, and bundle discounts.
  • Esurance policyholders can earn discounts including paid-in-full, DriveSense, online quote, Pac-12 alumni, and anti-theft.
  • State Farm may include discounts for Drive Safe & Save, good student, driver’s education, multiple autos, Steer Clear safe driver discount, passive restraint, and anti-theft.
  • Progressive offers premium reductions for multi-policy, homeowner, online signing, good student, and multi-vehicle.
  • Mercury Insurance includes discounts for age of vehicle, multi-policy, professional/association, location of vehicle, low natural disaster claims, and good student.

If you want the cheapest insurance coverage quotes, ask every company the best way to save money. Depending on the company, some discounts might not be offered in your area. To find providers that offer some of these discounts, follow this link.

Your insurance coverage coverage should be tailored to you

When choosing proper insurance coverage, there isn’t really a “best” method to buy coverage. Each situation is unique so your insurance needs to address that. Here are some questions about coverages that might help in determining whether or not you could use an agent’s help.

  • Is my nanny covered when driving my vehicle?
  • Does car insurance cover theft of personal property?
  • Does medical payments coverage apply to all occupants?
  • Can I afford low physical damage deductibles?
  • Do I need rental car coverage?
  • Should I have a commercial auto policy?

If you can’t answer these questions but a few of them apply, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, complete this form or you can go here for a list of companies in your area. It is quick, free and can help protect your family.

Specific coverages for a 1993 Ford F-150 SVT Lightning

Having a good grasp of a insurance policy aids in choosing which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement. These are the normal coverages offered by insurance companies.

Liability auto insurance

This coverage can cover injuries or damage you cause to a person or their property that is your fault. This insurance protects YOU against claims from other people. It does not cover your own vehicle damage or injuries.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 50/100/50 that translate to a $50,000 limit per person for injuries, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property. Alternatively, you may have one number which is a combined single limit which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage protects against things like pain and suffering, court costs, emergency aid and medical services. How much liability should you purchase? That is your choice, but buy higher limits if possible.

Comprehensive or Other Than Collision

Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims such as rock chips in glass, theft, damage from flooding and damage from getting keyed. The highest amount your insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Collision coverage

Collision insurance pays to fix your vehicle from damage resulting from colliding with another car or object. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims such as crashing into a ditch, damaging your car on a curb, backing into a parked car, sideswiping another vehicle and driving through your garage door. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. It’s also possible to bump up the deductible to save money on collision insurance.

UM/UIM Coverage

Your UM/UIM coverage protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. It can pay for hospital bills for your injuries as well as damage to your 1993 Ford F-150 SVT Lightning.

Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family. Usually these limits are similar to your liability insurance amounts.

Medical costs insurance

Medical payments and Personal Injury Protection insurance provide coverage for expenses such as funeral costs, chiropractic care and nursing services. They are often used to fill the gap from your health insurance policy or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay

Better coverage you can count on

We covered many ideas to shop for 1993 Ford F-150 SVT Lightning insurance online. The key thing to remember is the more companies you get rates for, the more likely it is that you will get a better rate. Drivers may discover the most savings is with a company that doesn’t do a lot of advertising. These smaller insurers can often provide lower rates in certain areas than their larger competitors like State Farm or Progressive.

A few companies do not provide internet price quotes and many times these small insurance companies work with local independent agencies. Lower-priced auto insurance is definitely available on the web and also from your neighborhood agents, so you should compare both to have the best chance of lowering rates.

More information can be found at the links below

Comments About 1993 Ford F-150 SVT Lightning Insurance

  1. Trudy Drake

    I got quite a few price quotes for a 1993 Ford F-150 SVT Lightning in Overland Park, KS. Ended up at roughly $90 every six months with AAA. Insured with Safeco before. Bought it from an online quote. Not worth enough to pay for comprehensive and collision.

  2. Marcell Patton

    Does New York require liability coverage?

  3. Jonah Murphy

    How are claims handled by State Farm around Las Cruces, NM?

  4. Willie Johnston

    For me, 21st Century was by far the cheapest in Minneapolis, MN.

  5. Lasandra Calderon

    Any 21st Century or Erie customers near Knoxville, TN?

  6. Natacha Hammond

    Cheap car insurance? What’s that? I live on the west side of Colorado Springs, Colorado. Quoted rates from Auto-Owners, Encompass, and Safeco for my F-150 SVT Lightning and I think I am saving around $20 each month. I recommend comparing lots of rates. I’m thinking about dropping full coverage though.

  7. Claude Hunt

    I’m looking for cheaper coverage. Live in the western part of Oklahoma City, OK. Quoted a bunch of companies. Saved right around $30 a month. GEICO was the cheapest for me. Left Progressive to switch. Teenage drivers are expensive! Not sure if rates are cheaper online or through an agent. Liability only on my Ford.

  8. Estell Mayo

    Nice post. From northwest of Denver, CO. I got free prices from AAA, Nationwide, and some smaller one I can’t remember the name of for my F-150 SVT Lightning and saved $97 a year. I got prices on the web. My F-150 SVT Lightning doesn’t have full coverage.