2012 Ford F-150 Car Insurance Rates – 9 Tips to Save

Trying to find lower insurance coverage rates for your Ford F-150? Are you overwhelmed by the wide range of insurance coverage companies in your area? Many other drivers are too. You have so many choices that it can easily become a real difficult job to find a more affordable company.

Finding affordable insurance coverage coverage is quite easy. In a nutshell, every vehicle owner who carries insurance coverage should be able to cut their insurance bill. Although drivers do need to understand how companies sell insurance online because it can help you find the best coverage.

Finding car insurance

Shopping for lower car insurance rates can be exhausting if you don’t utilize the easiest way. You could waste a few hours talking to agents in your area, or you can stay home and use online quoting to get prices fast.

The majority of car insurance companies participate in an industry program where insurance shoppers only type in their quote data once, and every company then returns a price quote based on that data. This system prevents you from having to do quotation requests for each company.

To compare rates using this form now click here to start a free quote.

The only downside to using this type of form is that you can’t choose which insurance companies you want pricing from. So if you prefer to pick from a list of companies to receive pricing from, we have a page of companies who write car insurance in your area. Click here to view list.

Compare rates however you want, just double check that you are using nearly identical coverage limits with each company. If each company quotes mixed coverages it will be nearly impossible to get a fair rate comparison. Even a minor difference in insurance coverages or limits can mean a large discrepancy in price. It’s important to know that comparing more quotes gives you a better chance of getting a lower rate. Not every company provides quotes online, so it’s important to compare prices on coverage from those companies, too.

Do you really save 40% when you switch?

Companies like State Farm and Allstate consistently run ads on television and other media. All the companies make the same claim that drivers will save a bundle if you change your coverage to them. How can each company have lower policy pricing?

All companies give the best rates for the right customer that will not have excessive claims. For instance, this type of driver should be over the age of 40, has never had a claim, and drives a vehicle with a low ISO rating. A propective insured that fits those parameters may get the lowest prices and therefore will save if they switch.

People who don’t qualify for these criteria may receive more expensive rates and ends up with the customer buying from someone else. The ads say “drivers who switch” not “everyone who quotes” save the amount stated. That’s the way insurance companies can confidently make it sound like they have such great car insurance rates.

This illustrates why drivers should compare quotes as often as possible. It is impossible to predict which insurance companies will have the best rates at this point in time.

Drivers can save with these nine discounts

Insurance coverage is not inexpensive, but you may be missing some discounts that may help make it more affordable. Many of these discounts will be applied automatically when you get a quote, but some discounts are required to be manually applied in order for you to get them.

• Driver Training Discounts – Participating in a driver safety course can save you 5% or more if your company offers it.
• Accident Forgiveness Coverage – This one isn’t a discount, but certain companies allow you one accident before your rates go up with the catch being you have to be claim-free for a particular time prior to the accident.
• Telematics Discount – People who choose to allow their insurance coverage company to spy on driving manner by using a telematic data system like In-Drive from State Farm and Progressive’s Snapshot might get better premium rates if they are good drivers.
• Military Deployment Discount – Being on active deployment in the military could qualify you for better premium rates.
• Distant Student – Older children who live away from home to go to college and won’t have access to an insured vehicle may qualify for this discount.
• Early Renewal Discounts – Select insurance coverage companies give a discount for buying a new policy before your current coverage expires. It’s a savings of about 10%.
• Anti-theft Discount – Anti-theft and alarm system equipped vehicles can help prevent theft and will save you 10% or more.
• Good Grades Discount – Getting good grades can get you a discount of up to 25%. You can use this discount normally well after school through age 25.
• New Vehicle Savings – Putting insurance on a new car can cost up to 25% less due to better safety requirements for new vehicles.

A quick disclaimer, some of the credits will not apply to the entire policy premium. Most only reduce the cost of specific coverages such as physical damage coverage or medical payments. So despite the fact that it appears you would end up receiving a 100% discount, it doesn’t quite work that way. But all discounts should definitely cut your premiums.

A few popular companies and their offered discounts are shown below.

• Progressive includes discounts for multi-vehicle, homeowner, good student, online quote discount, multi-policy, online signing, and continuous coverage.
• The Hartford offers discounts for air bag, good student, anti-theft, vehicle fuel type, and bundle.
• Mercury Insurance offers discounts including good driver, accident-free, type of vehicle, low natural disaster claims, and multi-car.
• Geico may have discounts that include good student, air bags, five-year accident-free, defensive driver, membership and employees, anti-theft, and daytime running lights.
• AAA offers premium reductions for multi-car, anti-theft, good driver, AAA membership discount, and multi-policy.
• State Farm discounts include multiple policy, multiple autos, Steer Clear safe driver discount, student away at school, and anti-theft.

Check with every insurance company to apply every possible discount. Savings may not be offered in your area. To see insurance companies with the best insurance coverage discounts, click this link.

Special considerations

When it comes to buying the right insurance coverage for your personal vehicles, there really is no single plan that fits everyone. Every situation is different.

For example, these questions may help highlight if your situation would benefit from an agent’s advice.

• How can I find cheaper teen driver insurance?
• Should I buy more coverage than the required minimum liability coverage?
• Do I need rental car coverage?
• What is UM/UIM insurance?
• What are the best liability limits?
• Can I pay claims out-of-pocket if I buy high deductibles?
• Is my teen driver covered when they drive my company car?
• Can I rate high risk drivers on liability-only vehicles?

If it’s difficult to answer those questions but you know they apply to you then you might want to talk to a licensed agent. If you don’t have a local agent, fill out this quick form.

Parts of your insurance policy

Understanding the coverages of your insurance policy helps when choosing appropriate coverage and proper limits and deductibles. Policy terminology can be difficult to understand and nobody wants to actually read their policy.

Comprehensive or Other Than Collision

This coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things like damage from getting keyed, rock chips in glass and hail damage. The most a insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Liability coverages

This coverage can cover injuries or damage you cause to people or other property by causing an accident. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see liability 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 a total limit of $50,000 for damage to vehicles and property. Occasionally you may see one number which is a combined single limit that pays claims from the same limit without having the split limit caps.

Liability coverage pays for things like medical expenses, structural damage, attorney fees, pain and suffering and legal defense fees. How much coverage you buy is up to you, but consider buying as large an amount as possible.

UM/UIM Coverage

This protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants and also any damage incurred to your Ford F-150.

Due to the fact that many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important. Normally the UM/UIM limits are set the same as your liablity limits.

Medical costs insurance

Medical payments and Personal Injury Protection insurance provide coverage for short-term medical expenses like ambulance fees, doctor visits and pain medications. They can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Coverage applies to you and your occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

Coverage for collisions

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

Collision can pay for claims such as sustaining damage from a pot hole, colliding with a tree and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to choose a higher deductible to bring the cost down.

Saving money makes a lot of cents

We just covered some good ideas how to lower your 2012 Ford F-150 insurance rates. The key concept to understand is the more you quote insurance coverage, the better your comparison will be. Consumers could even find that the most savings is with the least-expected company.

When getting insurance coverage quotes online, never reduce coverage to reduce premium. In many instances, someone dropped collision coverage to discover at claim time they didn’t purchase enough coverage. The aim is to purchase a proper amount of coverage for the lowest cost but still have enough coverage for asset protection.

Budget-friendly insurance is possible from both online companies in addition to local insurance agencies, so get free insurance coverage quotes from both of them to have the best rate selection. Some insurance providers may not have the ability to get a quote online and these regional carriers work with local independent agents.

To read more, feel free to visit the resources below:

• Vehicle Insurance in the U.S. (Wikipedia)
• Rental Car Insurance Tips (Insurance Information Insitute)
• Auto Crash Statistics (Insurance Information Insitute)
• Auto Insurance Learning Center (State Farm)