The median indemnity for a Ford F-150 is $ 1,184 annually, which is $ 243 less than the national average.
The cost to insure a Ford F-150 can vary by vitamin a much as $ 394 per year depending on the policy company . The monetary value of insurance for the Ford F-150 can vary by adenine much as $ 270 per year depending on how old your car is, with policy rates being cheaper for older models.
How Much It Costs to Insure a Ford F-150 and the Cheapest Company
One of the determinants of how much you pay in indemnity costs for your Ford F-150 is the insurance company you pick. The average Ford F-150 policy rate is $ 1,184 per year, but this cost can be higher or lower depending on the policy ship’s company. The cheapest car insurance company, USAA, costs an average of $ 1,041, while Allied is the most expensive at roughly $ 1,435. Depending on which insurance company you choose, your costs can vary by up to $ 394 per year .
The Average Annual Cost of Ford F-150 Insurance by Company
MoneyGeek used a sample driver profile to obtain accurate and up-to-date data on policy rates from different companies. In this scenario, the driver has 100/300/100 liability policy with comprehensive examination and collision coverage .
The Average Cost to Insure a Ford F-150 by Company
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- company average annual Rates
- 1 .USAA $ 1,041
- 2 .GEICO $ 1,097
- 3 .Progressive $ 1,132
- 4 .State Farm $ 1,142
- 5 .Nationwide $ 1,246
- 6 .Allstate $ 1,364
- 7. Allied $ 1,435
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Is a Ford F-150 Expensive to Insure?
The monetary value of car insurance is dependent on a diverseness of factors. The respect of the car is one of those factors. High-value or expensive cars will by and large attract a higher agio. A high crash evaluation and cable car models that are more likely to be stolen will besides result in higher premiums. The Ford F-150 is typically cheap to insure compared to other car models. This relatively low cost of insurance is due to factors such as the depleted value and low horsepower of the Ford F-150. This model besides has a good crash rat, which may besides be a lend factor to the cheap cost of policy.
The Best Car Insurance Company for a Ford F-150
cost is an important consideration when choosing an insurance company for the Ford F-150, but it should not be the only agent. Customer experience should besides be on your list of considerations. MoneyGeek ’ sulfur denounce system, which includes customer complaints, affordability, customer atonement and fiscal stability, found :
- USAA is the best car insurance company for the Ford F-150. However, this insurer only serves military members and their families.
- GEICO is the second-best insurance company for the Ford F-150 and the top option for people not in the military.
5/5 Affordability 4.5/5 Claims Ratings 5/5 User Satisfaction 5/5 fiscal stability 2
4.7/5 Affordability 3.5/5 Claims Ratings 3/5 User Satisfaction 5/5 fiscal stability 3
4.5/5 Affordability 4/5 Claims Ratings 3/5 User Satisfaction 5/5 fiscal stability 4
4.5/5 Affordability 4/5 Claims Ratings 3/5 User Satisfaction 4.5/5 fiscal constancy 5
4/5 Affordability 4.5/5 Claims Ratings 3/5 User Satisfaction 4.5/5 fiscal stability 6
3.4/5 Affordability 4.5/5 Claims Ratings 3/5 User Satisfaction 4.5/5 fiscal stability 7
3/5 Affordability # N/A Claims Ratings # N/A User Satisfaction # N/A fiscal stability
How Much It Costs to Insure a Ford F-150 by Model Year
The median indemnity cost for the Ford F-150 tends to be cheaper for older models. The value of a car depreciates with age, which decreases the monetary value of comprehensive examination and collision policy. A 2005 ford F-150 costs an average of $ 999 to insure, while a 2020 mannequin costs approximately $ 1,269. That ’ s a difference of up to $ 270 per year.
Depending on the model year, the cheapest caller can vary. The cheapest company for the 2020 Ford F-150 is USAA at an average of $ 1,059 .
The Average Cost to Insure a Ford F-150 by Model Year
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- ship’s company average annual Rates ( 2020 model ) average annual Rates ( 2019 model ) average annual Rates ( 2018 model ) average annual Rates ( 2017 model ) average annual Rates ( 2016 model ) average annual Rates ( 2010 model ) average annual Rates ( 2005 model )
- 1 .USAA $ 1,059 $ 1,083 $ 1,097 $ 1,171 $ 1,070 $ 914 $ 892
- 2 .GEICO $ 1,215 $ 1,169 $ 1,180 $ 1,176 $ 1,162 $ 915 $ 860
- 3 .Progressive $ 1,212 $ 1,210 $ 1,176 $ 1,165 $ 1,149 $ 1,075 $ 938
- 4 .State Farm $ 1,248 $ 1,230 $ 1,193 $ 1,183 $ 1,167 $ 1,018 $ 952
- 5 .Nationwide $ 1,231 $ 1,247 $ 1,263 $ 1,330 $ 1,321 $ 1,141 $ 1,192
- 6 .Allstate $ 1,516 $ 1,463 $ 1,381 $ 1,454 $ 1,414 $ 1,194 $ 1,124
- 7. Allied $ 1,500 $ 1,488 $ 1,477 $ 1,517 $ 1,497 $ 1,259 $ 1,305
How Expensive Is It to Insure a Ford F-150 Compared to Other Cars?
The average monetary value of insuring a Ford F-150 is $ 1,184, which is $ 243 less than the national average. This means that compared to other car models, it is cheap to insure a Ford F-150. other cable car models may be more expensive to insure due to their higher value and early factors.
How Much It Costs to Insure a Ford F-150 for 16- to 25-Year-Olds
policy companies factor in driving know when calculating premiums. This means that inexperienced drivers aged 16 to 25 years pay significantly higher insurance costs for the Ford F-150 since their miss of have makes them riskier to insure. For an 18-year-old, the average policy cost for the Ford F-150 is $ 3,864 compared to the average cost of $ 1,184 for a 40-year-old driver. To save money on car indemnity, it is recommended that teens stay on their parent ’ second policy since getting their own policy can be more expensive. You can find the cost of cable car indemnity for a young driver from ages 16 to 25 downstairs .
The Average Cost to Insure a Ford F-150 by Driver Age
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- old age average annual Rates
How Does Location Affect the Cost of Ford F-150 Insurance?
The insurance costs for the Ford F-150 referenced in this article are based on a national median. however, placement can have a meaning impact on the monetary value of insurance. You can find insurance information for your finical state on our express page analysis.
FAQs About Ford F-150 Insurance
indemnity costs vary depending on several criteria, including the model of your car. If you want to find out more about Ford F-150 policy, here are some answers to frequently asked questions .
The modal price of insuring a Ford F-150 is $ 1,184 per year. This cost may vary depending on the insurance company, model class and other factors .
It is not expensive to insure a Ford F-150. The modal price of insuring a Ford F-150 is lower than the average cable car model. Some of the factors that make the Ford F-150 cheap to insure are its low horsepower and first gear measure .
On average, 2016 Ford F-150 insurance costs $ 1,227 per year .
According to MoneyGeek ’ s research, USAA is the best overall policy company for Ford F-150 drivers.
Read More About Car Insurance
MoneyGeek collected thousands of Ford F-150 indemnity rates across all available exemplary years. The rates are based on a full coverage policy for a 40-year-old driver with the following benefits :
- $100,000 in bodily injury liability insurance per person
- $300,000 in bodily injury liability insurance per accident
- $100,000 in property damage liability insurance per accident
- Comprehensive and collision insurance with a $1,000 deductible
Rates represent averages and can provide guidance on what prices to expect. however, they may not match your specific rates. About the writer
Mark Fitzpatrick is a senior content director with MoneyGeek specializing in policy. Mark has years of feel analyzing the policy market and creating original research and content. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a master of Arts .