Save on 2001 Ford F-150 Insurance Rates

Buyers have many options when searching for low-cost Ford F-150 insurance. You can either spend your time driving around trying to get quotes or utilize the internet to get rate quotes. There are more efficient ways to find insurance coverage online so we’re going to tell you the absolute fastest way to quote coverages for a Ford and obtain the lowest possible price from both online companies and local agents.

Finding the best rates is not that difficult. If you currently have car insurance, you will be able to cut costs considerably using this information. Drivers just need to know the best way to get comparison rates on the web.

Save money with these tips

Part of the insurance coverage buying process is learning the factors that are used to determine the rates you pay for insurance coverage. If you have a feel for what influences your rates, this enables you to make decisions that will entitle you to cheaper rates. Many things are considered when pricing auto insurance. Some of the criteria are obvious like an MVR report, but others are more transparent such as whether you are married or your commute time.

  • Get cheaper rates if you’re married – Having a significant other may cut your premiums on your insurance coverage policy. It is viewed as being more financially stable it has been statistically shown that married drivers tend to file fewer claims.
  • High deductibles lower premiums – Physical damage protection, also called ‘full coverage’, insures against damage to your Ford. Examples of some claims that would be covered are a broken side mirror, hail damage, and burglary. The deductibles represent how much money you are required to spend out-of-pocket if a claim is determined to be covered. The more money you choose to pay out-of-pocket, the better rate you will receive on F-150 coverage.
  • Save money by staying claim free – Auto insurance companies award discounts to people that do not abuse their auto insurance. If you file claims often, you can look forward to either policy cancellation or increased premiums. Insurance coverage is intended for claims that pose a financial burden.
  • Liability insurance risk factors in – Your policy’s liability coverage will afford coverage if you are found to be at fault for damages from an accident. Liability insurance provides you with a defense in court which can cost thousands of dollars. Liability insurance is pretty cheap compared to insuring for physical damage coverage, so buy as much as you can afford.
  • High stress occupation may mean higher insurance coverage rates – Did you know your insurance coverage rates can be affected by your occupation? Occupations like real estate brokers, executives and accountants tend to have higher rates than the rest of us attributed to intense work-related stress and long work hours. On the other hand, careers such as professors, engineers and performers generally pay rates lower than average on F-150 coverage.
  • Insurance coverage policy lapses increase insurance coverage rates – Going without insurance is a sure-fire way to pay more for insurance coverage. Not only will you pay higher rates, the inability to provide proof of insurance can result in fines and jail time.

Use discounts on car insurance

Auto insurance companies don’t always list all possible discounts very well, so we break down a few of the more common as well as the least known credits available to lower your premiums when you buy insurance online.

  • Student Discounts – Excelling in school could provide a savings of up to 20% or more. The discount lasts up until you turn 25.
  • Distant College Student Discount – Older children who are enrolled in higher education away from home without a vehicle on campus can be insured at a reduced rate.
  • Online Discount – A few larger online companies will give a small break for buying a policy and signing up online.
  • Telematics Discount – Insureds that choose to allow companies to monitor driving patterns by installing a telematics device such as Allstate’s Drivewise and State Farm’s In-Drive system might see lower rates if they are good drivers.
  • Theft Prevention System – Cars that have factory anti-theft systems help deter theft and will save you 10% or more.

Discounts lower rates, but most of the big mark downs will not be given to the entire policy premium. Some only apply to the price of certain insurance coverages like physical damage coverage or medical payments. Even though the math looks like it’s possible to get free car insurance, insurance companies wouldn’t stay in business.

Larger car insurance companies and some of the premium reductions they offer include:

  • Farm Bureau may offer discounts for good student, safe driver, youthful driver, renewal discount, multi-vehicle, and multi-policy.
  • Liberty Mutual may have discounts that include exclusive group savings, newly married, new move discount, new graduate, multi-policy, newly retired, and good student.
  • State Farm has savings for driver’s education, student away at school, good student, multiple autos, anti-theft, multiple policy, and good driver.
  • Auto-Owners Insurance may include discounts for teen driver, good student, anti-lock brakes, multi-policy, safe driver, multiple vehicles, and company car.
  • GEICO discounts include defensive driver, good student, military active duty, federal employee, and driver training.
  • SAFECO policyholders can earn discounts including anti-lock brakes, drive less, teen safety rewards, anti-theft, and multi-car.

Check with all the companies how you can save money. A few discounts may not be offered in your state. To see a list of providers who offer cheap car insurance quotes, follow this link.

Car insurance advertisements

Consumers constantly see and hear ads that claim the cheapest rates from companies such as Allstate and Progressive. They all make an identical promise about saving some big amount if you get a free insurance quote and switch to their company.

But how can every company offer you a better deal? This is how they do it.

Most companies have a certain “appetite” for the driver that is profitable for them. A good example of a profitable insured might be described as between the ages of 30 and 50, owns their home, and drives less than 7,500 miles a year. Any customer that matches those criteria will get very good premium rates and have a good chance to save money with a new company.

Potential insureds who do not meet these criteria will probably have to pay higher prices with the end result being business going elsewhere. The trick companies use is to say “people who switch” but not “all drivers who get quotes” save the amount stated. That’s the way companies can truthfully lure you into getting a quote. Because of these techniques, you should get insurance quotes from several different companies. It is impossible to guess the company that will be your best fit.

Tailor your insurance coverage to you

When it comes to choosing the best insurance coverage, there isn’t really a perfect coverage plan. Everyone’s needs are different.

Here are some questions about coverages that may help you determine if you may require specific advice.

  • What is PIP insurance?
  • Why am I required to get a high-risk car insurance policy?
  • What are the best liability limits?
  • Am I covered when driving a rental car?
  • Can I afford low physical damage deductibles?
  • Am I covered if I wreck a rental car?
  • Do I really need UM/UIM coverage?
  • Is upholstery damage covered by car insurance?
  • Are split liability limits better than a combined single limit?
  • Are rock chip repairs covered?

If it’s difficult to answer those questions, you may need to chat with an agent. To find an agent in your area, fill out this quick form. It only takes a few minutes and can help protect your family.

Specific coverage details

Having a good grasp of your policy can be of help when determining the best coverages at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy.

Collision coverage protection

This coverage pays to fix your vehicle from damage resulting from a collision with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things like scraping a guard rail, rolling your car, crashing into a ditch, sustaining damage from a pot hole and colliding with another moving vehicle. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. It’s also possible to raise the deductible to save money on collision insurance.

Coverage for liability

This provides protection from injuries or damage you cause to other people or property. It protects YOU against other people’s claims, and doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 50/100/50 that translate to a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000.

Liability coverage protects against claims such as bail bonds, pain and suffering, emergency aid, repair costs for stationary objects and court costs. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase as much as you can afford.

Medical payments coverage and PIP

Med pay and PIP coverage kick in for expenses like X-ray expenses, dental work and chiropractic care. The coverages can be used in conjunction with a health insurance program or if there is no health insurance coverage. They cover all vehicle occupants as well as getting struck while a pedestrian. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage provides protection when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family and damage to your 2001 Ford F-150.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea.

Comprehensive coverage

This coverage covers damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive insurance covers things such as damage from a tornado or hurricane, falling objects, damage from flooding, rock chips in glass and theft. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

A tidy conclusion

There are still a few companies who may not offer the ability to get quotes online and many times these regional carriers provide coverage only through independent insurance agencies. Lower-priced insurance can be purchased both online and from local agencies, and you need to comparison shop both in order to have the best price selection to choose from.

When getting insurance quotes online, don’t be tempted to reduce coverage to reduce premium. There have been many situations where consumers will sacrifice collision coverage and learned later that it was a big mistake. The proper strategy is to get the best coverage possible at a price you can afford, but do not skimp to save money.

We’ve covered quite a bit of information on how to lower your 2001 Ford F-150 insurance premium rates. The most important thing to understand is the more quotes you get, the better likelihood of getting the cheapest insurance. You may even find the best price on insurance is with a lesser-known regional company.

Much more information about insurance is available on the following sites:

Comments About 2001 Ford F-150 Insurance

  1. Dwight Thompson

    I’m in the suburbs of Tulsa, OK. Received rates from Amica, MetLife, and some smaller one I can’t remember the name of for my F-150 and I’m now saving $24 a month. Was with Farmers. I have several vehicles insured with them. Anyone else drop full coverage?

  2. Cristine Reeves

    Got pretty cheap 2001 Ford F-150 insurance from GEICO in Las Cruces, New Mexico.

  3. Courtney Cruz

    Great info, thanks for posting. I’m just east of Davenport, IA. Got rates from Hartford, AAA, Nationwide, and a couple others for my F-150 and I’m now saving $25 a month. I’m a pretty low risk driver. Can still barely afford it.

  4. Soila Beach

    I got decent rates for a 2001 Ford F-150 in Henderson, Nevada. Ended up at right around $80 every six months with Amica. Teenage drivers are expensive!

  5. Guy Mcdonald

    Like your site, BTW. I live just to the west of Tacoma, Washington. I got free prices from State Farm, American Family, Esurance, and Liberty Mutual for my Ford and saved just over $60 a year. Teenage drivers are expensive! Can still barely afford it. Just liability coverage since it’s getting old.

  6. Shanell Coffey

    If you’re a decent driver and live around Wichita, KS, check out Progressive. They seem to be cheaper. I don’t have comp or collision coverage.

  7. Tamar Garza

    I live in a small town just outside of Atlanta, Georgia. I don’t recall every quote but I ended up saving about $20 each month. Insured with Allstate before. I’m thinking about dropping full coverage though.

  8. Inell Thompson

    I’m just north of Aurora, CO. Received quotes from Allstate, Amica, and Farmers for my Ford and I think I cut my rates about $30 each month.

  9. Santiago Rojas

    I live east of Jersey City, NJ. Received quotes with Progressive, Esurance, and The General for my 2001 Ford F-150 and I’m now saving $21 a month. Good multi-policy discounts. I quoted rates online then called them. I’m thinking about dropping full coverage though.

  10. Vertie Johnson

    Located in Birmingham, Alabama. I quoted with Travelers, AIG Insurance, The General, and Safeco for my 2001 Ford F-150 and saved just over $70 a year. LOL Next renewal I’ll just do liability.

  11. Tijuana Mercado

    Affordable car insurance is a myth. I live just to the west of Warren, Michigan. I quoted with GEICO, AAA, Esurance, and Hanover for my Ford and am saving around $100 a year. Left Liberty Mutual to switch. Might find lower rates online. I don’t have comp or collision coverage.