2006 Ford F-150 Car Insurance Rates

Want cheaper auto insurance rates for your Ford F-150? No normal person enjoys paying for auto insurance, particularly when the cost is too high.

Insurance companies such as State Farm, Geico and Farmers Insurance constantly blast consumers with TV and radio ads and it is difficult to ignore the promise of big savings and do the work needed to find the best deal.

Compare quotes for insurance

When comparison shopping, there are several ways to compare prices from many insurance companies in your state. The best way to find competitive 2006 Ford F-150 insurance rates consists of shopping online. This is very easy and can be done in just a few minutes using one of these methods.

1. Without a doubt, the easiest way to compare a lot of rates at once is a comparison rater form like this one (opens in new window). This quick form eliminates the need for separate quote forms for every insurance company. One form submission will return price quotes from many national carriers.
2. A more difficult way to analyze rates is to manually visit the website for each individual company and fill out a new quote form. For sake of this example, we’ll pretend you want to compare Farmers, State Farm and Travelers. In order to compare rates, you need to go to every website and repeatedly enter your information, and that’s why the first method is more popular.

   For a list of links to companies insuring cars in your area, click here.

3. If you have time to kill, the last method to comparison shop is going to insurance agencies in your area. Quoting online reduces the need to sit down with an agent unless your situation requires the trained advice that only an agent can give. Drivers can price shop online and still use a local agent.

It doesn’t matter which method you choose, just make absolute certain that you use identical information for every quote you compare. If you are comparing mixed coverages it will be impossible to find the best deal for your Ford F-150. Just slight variations in insurance coverages could skew the results. Just keep in mind that quoting more increases your odds of finding more affordable insurance. Some companies don’t provide quotes online, so you also need to get price estimates from those companies as well.

Big names are not always cheapest

Well-known auto insurance companies like Progressive, Geico, Allstate and State Farm endlessly run ads on TV and radio. They all seem to seem to make the promise about how much you will save if you get a free insurance quote and switch your auto insurance coverage to their company. How do they all make almost identical claims? It’s all in how they say it.

Different companies have an ideal profile for the type of driver that earns them the highest profit. A good example of this type of insured may be between the ages of 30 and 45, carries full coverage, and drives less than 7,500 miles a year. A propective insured who matches those parameters receive the lowest rate quotes and will probably save quite a bit of money when switching.

Consumers who do not match these criteria must pay more expensive rates and this results in the customer not purchasing. The trick companies use is to say “people that switch” but not “everyone who gets a quote” save money. That is how insurance companies can confidently advertise the way they do. This really illustrates why it’s extremely important to compare price quotes frequently. It is just not possible to predict which auto insurance company will fit your personal profile best.

What determines Ford F-150 insurance costs?

Many different elements are part of the calculation when you get a price on insurance. A few of the factors are predictable such as your driving history, although others are not quite as obvious like your vehicle usage or how financially stable you are.

• Prevent theft and save money – Choosing to buy a car with anti-theft technology or alarm system can help lower your rates. Anti-theft devices such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all help stop car theft.
• Only buy extra policy coverages you need – There are many additional extra coverages you can purchase on your auto insurance policy. Things like vanishing deductibles, accident forgiveness, and Farm Bureau memberships are probably not needed. They may sound like good ideas when discussing your needs, but if they’re wasting money think about removing them and cutting costs.
• Safer occupants lowers prices – Vehicles with good safety scores tend to have better insurance rates. Vehicles engineered for safety protect occupants better and any reduction in injury severity means less claims paid passed on to you as lower rates.
• A auto insurance lapse can increase auto insurance rates – Allowing your coverage to lapse is a sure-fire way to trigger a rate increase. And not only will your rates increase, the inability to provide proof of insurance may earn you a license revocation or jail time. You may have to file a SR-22 with your state DMV.
• Your address can push rates up or down – Having an address in areas with lower population can be a good thing when shopping for auto insurance. Drivers in populated areas have traffic congestion and longer commute times. Fewer drivers translates into fewer accidents and lower theft and vandalism rates.
• Obey driving laws and save – Just one citation may increase your cost twenty percent or more. Careful drivers receive lower rates as compared to careless drivers. Drivers with serious violations like DUI or reckless driving may need to maintain a SR-22 with their state’s licensing department in order to prevent a license revocation.

Lower rates by qualifying for discounts

Companies do not advertise every possible discount very clearly, so the list below gives a summary of some of the more common and also the more inconspicuous discounts you could be receiving when you buy insurance online.

• Homeowners Pay Less – Just being a homeowner can help you save on car insurance since home ownership demonstrates responsibility.
• Accident Forgiveness – Not really a discount, but companies like Liberty Mutual, Allstate and State Farm will let one accident slide before your rates go up so long as you haven’t had any claims prior to the accident.
• Driver’s Education for Students – Reduce the cost of insurance for teen drivers by having them successfully complete driver’s ed class as it can save substantially.
• Payment Method – If you pay your entire premium ahead of time instead of making monthly payments you could save up to 5%.
• Student in College – College-age children living away from home attending college and do not take a car to college could get you a discount.
• 55 and Retired – Seniors may be able to get a discount up to 10% on F-150 insurance.
• Safety Course Discount – Successfully completing a class that teaches driver safety techniques could cut 5% off your bill if your company offers it.
• Good Driver Discounts – Drivers without accidents may save up to 50% more on F-150 insurance than less cautious drivers.
• Military Deployment Discount – Having a deployed family member could mean lower prices.

Discounts reduce rates, but you should keep in mind that many deductions do not apply to the overall cost of the policy. Most only cut specific coverage prices like comprehensive or collision. So even though it sounds like all the discounts add up to a free policy, insurance companies wouldn’t stay in business.

Companies who may offer some of the above discounts include:

• Geico
• USAA
• Progressive
• American Family
• Esurance
• Farmers Insurance
• State Farm

When quoting, ask each company which discounts can lower your rates. Savings might not be available to policyholders in your area. For a list of providers with significant discounts, follow this link.

Auto insurance is unique, just like you

When choosing coverage, there isn’t really a best way to insure your cars. Each situation is unique and a cookie cutter policy won’t apply. Here are some questions about coverages that may help you determine whether you will benefit from professional help.

• Should I buy additional glass protection?
• What are the best liability limits?
• Are my friends covered when driving my car?
• Is rental equipment covered for theft or damage?
• What is the ISO rating for a 2006 Ford F-150?
• When can my company non-renew my policy?
• Do I get a pro-rated refund if I cancel my policy early?
• What are the financial responsibility laws in my state?

If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form or you can go here for a list of companies in your area.

Detailed coverages of your insurance policy

Learning about specific coverages of your policy aids in choosing the right coverages and proper limits and deductibles. Insurance terms can be confusing and nobody wants to actually read their policy. Shown next are the normal coverages available from insurance companies.

UM/UIM Coverage

This protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family.

Auto collision coverage

Collision coverage covers damage to your F-150 caused by collision with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage protects against claims such as sideswiping another vehicle, hitting a parking meter, crashing into a ditch, sustaining damage from a pot hole and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. It’s also possible to bump up the deductible to get cheaper collision coverage.

Liability coverage

This coverage protects you from injuries or damage you cause to other’s property or people in an accident. It protects you from claims by other people. Liability doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see values of 50/100/50 which means $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery.

Liability coverage pays for things like repair costs for stationary objects, medical services, loss of income, funeral expenses and pain and suffering. The amount of liability coverage you purchase is up to you, but buy as large an amount as possible.

Comprehensive or Other Than Collision

Comprehensive insurance pays for damage that is not covered by collision coverage. 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 damage from getting keyed, damage from a tornado or hurricane, a broken windshield and vandalism. The maximum payout your insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills like hospital visits, doctor visits and EMT expenses. They are used to fill the gap from your health insurance policy or if you lack health insurance entirely. It covers all vehicle occupants as well as any family member struck as a pedestrian. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Affordable insurance is out there

When getting insurance quotes online, don’t be tempted to skimp on critical coverages to save a buck or two. Too many times, consumers will sacrifice uninsured motorist or liability limits only to regret that the savings was not a smart move. The proper strategy is to buy the best coverage you can find at the best cost, but don’t skip important coverages to save money.

Discount 2006 Ford F-150 insurance is attainable both online as well as from insurance agents, so you need to quote insurance with both to get a complete price analysis. Some insurance companies may not have online quoting and these smaller companies sell through local independent agents.

For more information, feel free to visit the following helpful articles:

• Protect Yourself Against Auto Theft (Insurance Information Insitute)
• Child Safety FAQ (iihs.org)
• Teen Driving Statistics (iihs.org)
• Frontal Crash Tests (iihs.org)
• Understanding Your Insurance Deductible (Insurance Information Insitute)