2001 Ford F-150 Insurance Rates – 10 Tips for Best Quotes

Want better insurance rates for your Ford F-150? Having to pay for overpriced Ford F-150 insurance can overdraw your checking account and force you to make sacrifices. Shopping your coverage around is free and is an excellent way to help make ends meet. Many auto insurance companies vie for your hard-earned dollar, and because of this it can be hard to compare insurers and uncover the absolute best rates possible.

It’s smart to shop coverage around once or twice a year because rates are usually higher with each renewal. If you had the best deal on F-150 coverage a few years ago you will most likely find a better rate today. You can find a lot of wrong information about insurance on the internet, so I’m going to show you some good information on how to save money.

If you have insurance now or are shopping for new coverage, you can use this information to reduce the price you pay while maintaining coverages. Finding the best rates is easy if you know what you’re doing. Consumers just need to know the best way to compare company rates online.

Comprehensive Insurance Coverage Comparison

Finding lower insurance coverage rates isn’t really that difficult. You just have to take a few minutes comparing rate quotes from different insurance companies. This can be accomplished using a couple different methods.

The most efficient way to find the lowest comparison rates is an all-inclusive rate comparison click here to open form in new window. This form saves time by eliminating separate quotes for every insurance coverage company. Filling out one form compares rates instantly.

A more time consuming way to compare prices consists of visiting each company website to request a price quote. For sake of this example, let’s assume you want to compare Farmers, GEICO and American Family. To get each rate you have to go to every website and enter your policy data, and that’s why the first method is more popular. For a list of links to insurance companies in your area, click here.

The least efficient way to compare rates is to spend time driving to local insurance agencies. Buying insurance online can eliminate the need for a local agent unless you have a need for the personal advice of a local agent. You can, however, price shop online but buy from a local insurance agent and we’ll cover that in a bit.

Whichever way you use, make absolute certain that you use the exact same coverage limits and deductibles for each comparison quote. If you use different liability limits then you won’t be able to find the best deal for your Ford F-150.

You probably qualify for some discounts

Car insurance can cost a lot, but discounts can save money and there are some available to help bring down the price. Some discounts apply automatically at quote time, but a few must be asked about before being credited. If you aren’t receiving every discount you deserve, you are paying more than you should be.

  • Senior Discount – Mature drivers can possibly qualify for better insurance coverage rates on F-150 coverage.
  • Defensive Driving Course – Taking part in a defensive driving course could possibly earn you a 5% discount depending on where you live.
  • Drive Less and Save – Driving fewer miles can earn lower rates on the low mileage vehicles.
  • Discounts for Safe Drivers – Drivers who don’t get into accidents may save up to 50% more on F-150 coverage than less cautious drivers.
  • Resident Student – Kids in college who live away from home without a vehicle on campus may be able to be covered for less.
  • Good Students Pay Less – A discount for being a good student can earn a discount of 20% or more. The discount lasts up to age 25.
  • Anti-lock Brake System – Anti-lock brake equipped vehicles can avoid accidents and will save you 10% or more.
  • Anti-theft Discount – Anti-theft and alarm systems prevent vehicle theft and earn discounts up to 10%.
  • No Accidents – Claim-free drivers pay less when compared to frequent claim filers.
  • Sign Online – Some insurance companies will give a small break just for signing your application online.

A little note about advertised discounts, some of the credits will not apply to the entire cost. Most only reduce individual premiums such as liability, collision or medical payments. So even though it sounds like having all the discounts means you get insurance for free, companies don’t profit that way. But all discounts will cut the amount you have to pay.

For a list of insurance companies with discount insurance coverage rates, follow this link.

There’s no such thing as the perfect policy

When buying the best auto insurance coverage, there really is no best way to insure your cars. Everyone’s situation is unique and your policy should reflect that. For instance, these questions may help you determine whether you would benefit from an agent’s advice.

  • How does medical payments coverage work?
  • Is business equipment covered while in my vehicle?
  • When would I need additional glass coverage?
  • Am I covered when using my vehicle for business?
  • Can I drive in Mexico and have coverage?
  • Does insurance cover damages from a DUI accident?
  • Why is insurance for a teen driver so high?
  • Will my insurance pay for OEM parts?

If you’re not sure about those questions but one or more may apply to you, you might consider talking to an agent. To find lower rates from a local agent, fill out this quick form or click here for a list of auto insurance companies in your area. It only takes a few minutes and can help protect your family.

Learn about insurance coverages for a Ford F-150

Knowing the specifics of your policy helps when choosing the best coverages for your vehicles. Insurance terms can be confusing and even agents have difficulty translating policy wording. Below you’ll find typical coverages available from insurance companies.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage provides protection when other motorists are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and damage to your 2001 Ford F-150.

Since many drivers carry very low liability coverage limits, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked. Usually these limits are similar to your liability insurance amounts.

Liability insurance

This coverage will cover injuries or damage you cause to a person or their property. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 25/50/25 that translate to a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery. Another option is one number which is a combined single limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage protects against claims such as funeral expenses, court costs, structural damage, attorney fees and repair bills for other people’s vehicles. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase higher limits if possible.

Comprehensive coverages

This coverage pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like hitting a bird, theft and vandalism. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Coverage for medical payments

Med pay and PIP coverage provide coverage for bills for dental work, funeral costs, pain medications, doctor visits and EMT expenses. They are used to fill the gap from your health insurance policy or if you do not have health coverage. Coverage applies to you and your occupants as well as if you are hit as a while walking down the street. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Collision coverage

This pays for damage to your F-150 resulting from a collision with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims like rolling your car, sustaining damage from a pot hole, damaging your car on a curb and hitting a mailbox. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. You can also raise the deductible to bring the cost down.

Saving money makes a lot of cents

Cost effective 2001 Ford F-150 insurance is attainable on the web as well as from independent agents, and you should be comparing both to have the best rate selection. There are still a few companies who don’t offer the ability to get a quote online and most of the time these small, regional companies sell through independent agents.

You just learned many tips how you can save on insurance. The key concept to understand is the more quotes you get, the better chance you’ll have of finding lower rates. Drivers may discover the best prices are with the least-expected company. Smaller companies may only write in your state and offer lower rates than their larger competitors like State Farm or Progressive.

Even more information can be read by following these links: