Looking for the cheapest insurance coverage rates for your Ford F-150? Have you had enough of being strong-armed to pay your car insurance bill each month? You are no different than many other drivers.
There are many car insurance companies to choose from, and though it is a good thing to have multiple companies, it makes it harder to adequately compare rates.
It’s a good idea to compare rates periodically because insurance rates go up and down regularly. Despite the fact that you may have had the lowest rates on F-150 coverage six months ago other companies may now be cheaper. Starting now, ignore everything you know about insurance coverage because it’s time to teach you the fastest and easiest way to properly buy coverages and cut your premium.
Buying cheaper protection is simple if you know the tricks. Just about everyone who has to buy insurance should be able to reduce their rates. But consumers must understand how insurance companies sell online and take advantage of how the system works.
All the larger auto insurance companies provide coverage price quotes on the web. Getting online rates doesn’t take much effort as you simply type in the coverage amounts you desire as requested by the quote form. When the form is submitted, the system pulls your driving record and credit report and generates a price. Being able to quote online helps simplify price comparisons, but the time required to go to many different websites and fill out multiple forms is monotonous and tiresome. But it is imperative to have as many quotes as possible if you want to find the lowest possible prices on auto insurance.
There is a better way to compare rates
The easiest way to find cheaper rates uses one form that obtains quotes from many companies. It’s a real time-saver, requires much less work on your part, and makes online price comparison much easier to do. After your information is entered, it is rated and you can select any or none of the quote results.
If a lower price is quoted, you can simply submit the application and buy the new coverage. This process only takes a few minutes and could lower your rates considerably.
If you want to compare pricing, simply click here to open in new window and enter your vehicle and coverage information. To compare your current rates, we recommend you type in the coverage information as close as possible to your current policy. This makes sure you are getting a rate comparison based on the exact same insurance coverage.
Car insurance is not cheap, but you can get discounts to reduce the price significantly. Some discounts apply automatically when you quote, but less common discounts must be manually applied in order for you to get them.
As a disclaimer on discounts, some of the credits will not apply to the entire policy premium. Most only cut specific coverage prices like collision or personal injury protection. So even though it sounds like having all the discounts means you get insurance for free, it doesn’t quite work that way. Any amount of discount will bring down your premiums.
Companies who might offer these discounts include:
Check with each insurance company how you can save money. Some discounts might not be offered in every state.
When it comes to buying adequate coverage for your vehicles, there really is no single plan that fits everyone. Everyone’s situation is a little different so your insurance should reflect that These are some specific questions can aid in determining whether or not you would benefit from an agent’s advice.
If you don’t know the answers to these questions then you might want to talk to an agent. If you don’t have a local agent, complete this form or click here for a list of auto insurance companies in your area.
An important part of buying insurance is that you know the rating factors that go into determining the price you pay for insurance. Having a good understanding of what controls the rates you pay enables informed choices that could result in lower insurance prices.
Auto insurance providers like State Farm, GEICO and Progressive consistently run television and radio advertisements. They all make an identical promise about savings if you change to them. How do they all make almost identical claims?
Different companies have a certain “appetite” for the right customer they prefer to insure. A good example of a driver they prefer might be between 25 and 40, has no tickets, and drives less than 7,500 miles a year. A driver who fits that profile gets the lowest rates and is almost guaranteed to pay quite a bit less when switching companies.
Consumers who are not a match for the requirements must pay more money which leads to the driver buying from a lower-cost company. The ads say “customers who switch” not “people who quote” save that much. That is how companies can make those claims.
This illustrates why you absolutely need to get a wide range of price quotes. You cannot predict which insurance companies will have the lowest Ford F-150 insurance rates.
Having a good grasp of your insurance policy helps when choosing which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording. Shown next are typical coverage types found on the average insurance policy.
Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage pay for bills such as doctor visits, X-ray expenses, prosthetic devices and funeral costs. They can be used in conjunction with a health insurance policy or if you lack health insurance entirely. It covers you and your occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is only offered in select states and may carry a deductible
Uninsured or underinsured coverage – Your UM/UIM coverage provides protection from other drivers when they either have no liability insurance or not enough. It can pay for injuries to you and your family and also any damage incurred to your Ford F-150.
Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Most of the time these limits do not exceed the liability coverage limits.
Collision coverages – This coverage covers damage to your F-150 resulting from colliding with an object or car. You have to pay a deductible and then insurance will cover the remainder.
Collision coverage pays for things like scraping a guard rail, colliding with a tree, backing into a parked car, crashing into a building and damaging your car on a curb. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. Another option is to raise the deductible to bring the cost down.
Liability coverage – This coverage protects you from damages or injuries you inflict on other people or property that is your fault. It protects YOU from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.
Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 25/50/25 that translate to a limit of $25,000 per injured person, $50,000 for the entire accident, and $25,000 of coverage for damaged propery. Some companies may use one limit called combined single limit (CSL) which limits claims to one amount without having the split limit caps.
Liability coverage pays for things such as bail bonds, repair bills for other people’s vehicles, loss of income, legal defense fees and funeral expenses. How much liability coverage do you need? That is your choice, but consider buying as large an amount as possible.
Comprehensive protection – Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage pays for claims such as a tree branch falling on your vehicle, hitting a deer, damage from getting keyed and fire damage. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.
The cheapest 2014 Ford F-150 insurance is definitely available from both online companies and also from your neighborhood agents, and you need to comparison shop both so you have a total pricing picture. There are still a few companies who may not provide the ability to get a quote online and usually these small, regional companies provide coverage only through local independent agents.
While you’re price shopping online, don’t be tempted to buy poor coverage just to save money. There have been many cases where consumers will sacrifice uninsured motorist or liability limits only to discover later that the savings was not a smart move. The proper strategy is to find the BEST coverage at an affordable rate, not the least amount of coverage.