Finding affordable auto insurance for a Ford F-150 doesn’t take too much effort, but it is dependent upon a lot of different factors such as age of the driver, where your vehicle is garaged, and any prior driving citations you have received. Drivers will pay around $884 per year to insure their F-150, but that cost is a valuation using a 50-year-old single female driver with full coverage and $250 deductibles.
If we were betting, you may not be 50 years old (or even female), you might be married instead of single, or maybe you are just looking for cheap liability insurance. Just a slight change in rating criteria may result in a big change in how much insurance for a Ford F-150 costs.
There is no perfect policy for every driver, so the best way to find affordable rates for your Ford is to put in the effort to do a thorough rate comparison.
Cheapest Ford F-150 Insurance Rates
The trim level of your F-150 will have an impact the coverage cost, so the rate you pay to insure a F-150 XL Regular Cab 2WD trim level will be $248 cheaper than the price to insure the more expensive F-150 Lariat Crew Cab Platinum 4WD version, as shown by the rates below.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| F-150 XL Regular Cab 2WD | $154 | $218 | $300 | $18 | $90 | $780 | $65 |
| F-150 STX Regular Cab 2WD | $154 | $278 | $300 | $18 | $90 | $840 | $70 |
| F-150 XL Super Cab 2WD | $154 | $278 | $300 | $18 | $90 | $840 | $70 |
| F-150 XLT Regular Cab 2WD | $154 | $278 | $300 | $18 | $90 | $840 | $70 |
| F-150 STX Super Cab 2WD | $154 | $278 | $300 | $18 | $90 | $840 | $70 |
| F-150 XL Crew Cab 2WD | $176 | $278 | $300 | $18 | $90 | $862 | $72 |
| F-150 XLT Super Cab 2WD | $176 | $278 | $300 | $18 | $90 | $862 | $72 |
| F-150 STX Regular Cab 4WD | $176 | $278 | $300 | $18 | $90 | $862 | $72 |
| F-150 XL Regular Cab 4WD | $176 | $278 | $300 | $18 | $90 | $862 | $72 |
| F-150 FX2 Super Cab 2WD | $176 | $278 | $300 | $18 | $90 | $862 | $72 |
| F-150 XLT Crew Cab 2WD | $176 | $278 | $300 | $18 | $90 | $862 | $72 |
| F-150 XL Super Cab 4WD | $176 | $278 | $300 | $18 | $90 | $862 | $72 |
| F-150 XLT Regular Cab 4WD | $176 | $278 | $300 | $18 | $90 | $862 | $72 |
| F-150 XL Crew Cab 4WD | $198 | $278 | $300 | $18 | $90 | $884 | $74 |
| F-150 STX Super Cab 4WD | $198 | $278 | $300 | $18 | $90 | $884 | $74 |
| F-150 XLT Super Cab 4WD | $198 | $278 | $300 | $18 | $90 | $884 | $74 |
| F-150 FX2 2WD | $198 | $338 | $300 | $18 | $90 | $944 | $79 |
| F-150 Lariat Super Cab 2WD | $198 | $338 | $300 | $18 | $90 | $944 | $79 |
| F-150 Lariat Crew Cab 2WD | $198 | $338 | $300 | $18 | $90 | $944 | $79 |
| F-150 FX4 Super Cab 4WD | $198 | $338 | $300 | $18 | $90 | $944 | $79 |
| F-150 XLT Crew Cab 4WD | $198 | $338 | $300 | $18 | $90 | $944 | $79 |
| F-150 FX4 4WD | $198 | $338 | $300 | $18 | $90 | $944 | $79 |
| F-150 Lariat Crew Cab 4WD | $198 | $338 | $300 | $18 | $90 | $944 | $79 |
| F-150 SVT Raptor Super Cab 4WD | $198 | $338 | $300 | $18 | $90 | $944 | $79 |
| F-150 Lariat Super Cab 4WD | $198 | $338 | $300 | $18 | $90 | $944 | $79 |
| F-150 Lariat Crew Cab Platinum 2WD | $198 | $398 | $300 | $18 | $90 | $1,004 | $84 |
| F-150 Lariat Crew Cab Harley 2WD | $198 | $398 | $300 | $18 | $90 | $1,004 | $84 |
| F-150 Lariat King Ranch 2WD | $198 | $398 | $300 | $18 | $90 | $1,004 | $84 |
| F-150 Lariat King Ranch 4WD | $222 | $398 | $300 | $18 | $90 | $1,028 | $86 |
| F-150 Lariat Crew Cab Harley 4WD | $222 | $398 | $300 | $18 | $90 | $1,028 | $86 |
| F-150 Lariat Crew Cab Platinum 4WD | $222 | $398 | $300 | $18 | $90 | $1,028 | $86 |
| Get Your Own Custom Quote Go | |||||||
Data variables include single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and New York minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, multi-policy, and claim-free. Price information does not factor in the specific area where the vehicle is garaged which can revise coverage prices greatly.
Figuring out which insurers offer the cheapest auto insurance rates for a Ford F-150 requires a bit more work in order to find the best policy.
Each company uses their own calculation for determining rates, so we will examine the overall cheapest auto insurance companies in Buffalo, NY. We do need to point out that Buffalo, NY auto insurance rates are determined by lots of factors that can increase the price you have to pay for coverage. Simply having a birthday, buying another vehicle, or getting a ticket for careless driving can produce rate changes resulting in some rates now being cheaper in comparison to the competition.
Cheap Insurance Rates for your F-150
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | USAA | $1,163 |
| 2 | Erie | $1,218 |
| 3 | Utica National | $1,489 |
| 4 | Progressive | $1,496 |
| 5 | Travelers | $1,513 |
| 6 | Allstate | $1,541 |
| 7 | MetLife | $1,636 |
| 8 | Amica | $1,644 |
| 9 | Preferred Mutual | $1,754 |
| 10 | GEICO | $1,850 |
| 11 | Safeco | $1,888 |
| 12 | New York Central Mutual | $1,892 |
| 13 | State Farm | $1,904 |
| 14 | Central Mutual | $1,968 |
| 15 | Liberty Mutual | $2,087 |
| 16 | Hanover | $2,369 |
| 17 | Encompass | $2,610 |
| 18 | Nationwide | $3,147 |
| 19 | Mercury | $3,965 |
| 20 | 21st Century | $4,281 |
| Get a Custom Quote Go | ||
USAA may offer some of the lowest car insurance rates in Buffalo at around $1,163 each year. Erie, Utica National, Progressive, and Travelers also make the cut as some of the cheapest Buffalo, NY auto insurance companies.
As the rates illustrate above, if you have coverage with Progressive and switched to USAA, you could see an annual premium reduction of roughly $333. Insureds with Travelers could save as much as $350 a year, and Allstate customers might realize rate reductions of up to $378 a year.
Bear in mind that those rates are averaged across all types of drivers and the different vehicles they drive and and are not figured with an exact zip code location for a Ford F-150. So the insurer that has the lowest price for you may not even be in the top 20 companies shown above. That helps illustrate why you need to get quotes using your own driver information and specific vehicle type.
Discounts on Buffalo car insurance
Car insurance companies that offer coverage for a Ford F-150 may have special discounts that can lower rates by 30% or more if you qualify. Larger auto insurance companies and their possible discounts are outlined below.
- Esurance has savings for online shopper, emergency road assistance, online quote, Pac-12 alumni, good driver, defensive driver, and anti-lock brakes.
- The Hartford may offer discounts for defensive driver, driver training, vehicle fuel type, anti-theft, good student, air bag, and bundle.
- AAA offers discounts for pay-in-full, good driver, multi-policy, education and occupation, and good student.
- GEICO includes discounts for multi-policy, membership and employees, seat belt use, defensive driver, good student, federal employee, and anti-lock brakes.
- State Farm may include discounts for accident-free, driver’s education, student away at school, Steer Clear safe driver discount, and good student.
The example below visualizes the comparison of car insurance costs with and without some available policy discounts. The rate quotes are based on a female driver, no claims or violations, New York state minimum liability limits, comp and collision included, and $500 deductibles.
The first bar for each age group shows insurance cost with no discounts. The second shows the rates with marriage, vehicle safety, multiple vehicle, accident-free, anti-theft, and homeowner discounts applied. When these discounts are applied to the policy premium, the average savings per year on auto insurance for a Ford F-150 is 28% or $396.
Liability rates compared to full coverage
Paying less for auto insurance is the goal of most drivers, and one good way to pay lower rates for insurance for a Ford F-150 is to not insure for full coverage. The illustration below illustrates the comparison of insurance premiums with full physical damage coverage and with liability coverage only. The premiums are based on a clean driving record, no claims, $250 deductibles, single status, and no discounts are applied to the premium.
Averaged for all age groups, physical damage coverage costs an additional $1,539 per year over and above liability coverage. That touches on the question if buying full coverage is a good investment. There is no exact formula to stop buying comp and collision coverage, but there is a broad guideline. If the annual cost of your full coverage insurance is about 10% or more of the settlement you would receive from your company, then it might be time to buy liability only.
For example, let’s pretend your vehicle’s claim settlement value is $7,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most your company will settle for is $6,000 after the policy deductible has been paid. If it’s costing in excess of $600 annually to have full coverage, then it may be the right time to buy liability only.
There are a few cases where removing full coverage is not a good plan. If you haven’t satisfied your loan, you have to carry full coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle in case of an accident, you should not opt for liability only.
How to find cheaper car insurance for a Ford F-150
Here are a few money-saving suggestions that can help you locate lower-cost coverage.
- Multi-policy discounts save money
- Drivers with good credit often pay less
- Drive a car with a high safety rating
- Do not get into accidents
- Do not waste money insuring older vehicles for full coverage
- Compare price quotes at least once a year
The last tip is highly important, as was pointed out in the article above. Prices charged by auto insurers in Buffalo change frequently, so don’t be unwilling to switch carriers if you can save money.
Having a favorite company is fine, but we do not recommend it if it’s costing you thousands of dollars over the life of your policy. Take a few minutes and shop around to find cheaper insurance for a Ford F-150.