Finding the cheapest insurance for a Ford F-150 can normally be a lot of work, but you can learn these tips to save time.
There are both good and bad ways to compare insurance rates and we’ll show you the quickest way to price shop coverage for a Ford and get the lowest possible price either online or from local insurance agents.
A large part of saving on insurance coverage is knowing the different types of things that are used to determine the rates you pay for insurance coverage. If you understand what positively or negatively impacts your premiums, this allows you to make good choices that could result in lower rates. Many different elements are part of the equation when you get your auto insurance bill. Most are fairly basic such as traffic violations, but other criteria are more transparent like where you live or how financially stable you are.
Car insurance can cost a lot, but discounts can save money and there are some available to cut the cost considerably. A few discounts will automatically apply when you complete an application, but a few must be specially asked for before they will apply.
Consumers should know that some credits don’t apply to all coverage premiums. The majority will only reduce specific coverage prices like medical payments or collision. So despite the fact that it appears it’s possible to get free car insurance, it doesn’t quite work that way.
A few of the larger companies and some of the premium reductions they offer are detailed below.
Before buying, ask every prospective company which discounts you may be entitled to. Savings may not apply in every state.
Drivers constantly see and hear ads that claim the best rates from the likes of 21st Century, Allstate and State Farm. They all seem to make an identical promise that drivers can save some big amount if you change to their company.
It sounds good, but how can they all charge lower premium rates?
All companies have specific criteria for the driver that makes them money. An example of a profitable risk profile may be between 25 and 40, has a clear driving record, and drives less than 10,000 miles a year. Any customer who matches that profile will probably get cheap premium rates and will most likely save a lot if they switch.
Consumers who may not quite match those criteria will have to pay higher premiums and ends up with business not being written. The ads say “people that switch” not “everybody who quotes” can get the lowest rates when switching. That’s the way companies can claim big savings.
Different companies use different criteria so you really need to do a quote comparison often. It’s just too difficult to predict which company will have the best auto insurance rates at this point in time.
When it comes to choosing coverage, there really is no “perfect” insurance plan. Every situation is different.
Here are some questions about coverages that may help you determine whether or not you would benefit from an agent’s advice.
If it’s difficult to answer those questions, you might consider talking to an insurance agent. To find lower rates from a local agent, simply complete this short form. It’s fast, free and may give you better protection.
Understanding the coverages of auto insurance helps when choosing appropriate coverage and proper limits and deductibles. The terms used in a policy can be impossible to understand and coverage can change by endorsement.
Liability insurance protects you from damage or injury you incur to other’s property or people that is your fault. This coverage protects you from legal claims by others. It does not cover your injuries or vehicle damage.
Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 100/300/100 which means a $100,000 limit per person for injuries, $300,000 for the entire accident, and property damage coverage for $100,000. Alternatively, you may have a combined single limit or CSL which combines the three limits into one amount rather than limiting it on a per person basis.
Liability coverage protects against things like medical services, bail bonds, emergency aid and funeral expenses. How much coverage you buy is your choice, but it’s cheap coverage so purchase as large an amount as possible.
Collision coverage pays to fix your vehicle from damage resulting from colliding with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision coverage pays for claims such as driving through your garage door, colliding with another moving vehicle, crashing into a ditch and colliding with a tree. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to get cheaper collision coverage.
Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea. Frequently these limits are similar to your liability insurance amounts.
This covers damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.
Comprehensive can pay for claims such as hitting a deer, damage from a tornado or hurricane, damage from flooding and rock chips in glass. The highest amount a auto insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.
Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses like nursing services, dental work, ambulance fees and funeral costs. The coverages can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage
As you quote insurance, do not reduce needed coverages to save money. There are many occasions where an insured dropped full coverage only to discover later that the small savings ended up costing them much more. The proper strategy is to purchase plenty of coverage for the lowest cost.
Discount 2007 Ford F-150 insurance is possible online in addition to local insurance agencies, so you should be comparing quotes from both to have the best chance of lowering rates. Some companies may not have internet price quotes and many times these regional insurance providers only sell coverage through independent agents.
In this article, we presented many tips how you can get a better price on 2007 Ford F-150 insurance. It’s most important to understand that the more companies you get prices for, the better chance you’ll have of finding the cheapest insurance. You may even find the best price on auto insurance is with some of the smallest insurance companies.
Additional information can be found at the links below
Maura Dawson
I’m looking for cheaper coverage. I’m in the east part of Colorado Springs, CO. Don’t remember every company but I ended up saving about $30 each month. Left Travelers to switch. Thankfully I’m not a high risk driver. They offer free online rate quotes.
Bree Frye
Lots of good stuff here. I live in a small town just outside of Rochester, Minnesota. Got free quotes online for a 2007 Ford F-150. Ended up at about $410 savings annually. Went with State Farm. Insured with State Farm before. Teenage drivers are expensive!
Johnie Francis
If you have a clean record and live around New York City, NY, check out Allstate. You might get cheaper rates. I increased coverages a little too. It was easy to get rates.
Loise Strong
I’m from Augusta, Georgia. Got car insurance quotes from Auto-Owners, MetLife, and Travelers for my 2007 Ford F-150 and I think I am saving around $20 each month. Left Travelers to switch.
Maida Noel
Does State Farm offer new car replacement?
Alita Parsons
This is too expensive. I live just to the south of Owensboro, Kentucky. Went online for free insurance quotes for a 2007 Ford F-150. Ended up at about $550 savings annually. Went with 21st Century. Left State Farm to switch.
Douglas Jackson
Cheap is relative. Lifelong resident of Bangor, Maine. Received prices from State Farm, Auto-Owners, and Farmers for my Ford and saved $511 a year. I get a discount for insuring multiple vehicles. :P