How Much Does 1998 Ford F-150 Insurance Cost?

Trying to find cheaper auto insurance rates for your Ford F-150? If shopping for auto insurance online is new to you, you may be overwhelmed due to the large number of online companies selling insurance.

It’s important to do rate comparisons yearly because prices go up and down regularly. Just because you found the best deal for F-150 insurance two years ago there is a good chance you can find better rates now. You can find a lot of wrong information about auto insurance on the web, but with this article, you’re going to get a lot of great tips on how to buy auto insurance cheaper.

Auto Insurance Prices

Most major insurance companies quote insurance quotes directly from their websites. This process is pretty easy as you just enter the amount of coverage you want into the quote form. After the form is submitted, their system obtains information on your driving record and credit history and quotes a price based on many factors.

Online quotes simplifies rate comparisons, but the process of having to visit each company’s website and repetitively type in the same information gets old quite quickly. But it is imperative to do this in order to find the lowest price.

The quickest way to compare auto insurance pricing uses one simple form to return rates from a bunch of companies at once. It saves time, requires less work, and makes online quotes much more enjoyable. After your information is entered, your coverage is rated with multiple companies and you can pick your choice of the price quotes you receive. If a lower price is quoted, you can click and sign and buy the policy. This process can be completed in a matter of minutes and may save quite a bit of money.

To find out how much you’re overpaying now, simply click here to open in new window and enter your information. If you have coverage now, it’s recommended you complete the form with the coverages just like they are on your policy. This guarantees you will be getting a fair comparison for similar insurance coverage.

Some factors that can determine what Ford F-150 insurance costs

It’s important that you understand the factors that come into play when calculating car insurance rates. Having a good understanding of what influences your rates enables informed choices that may reward you with better car insurance rates.

The list below includes some of the items car insurance companies consider when setting rates.

  • Drive less and save money – The more you drive in a year the more you’ll pay to insure your vehicle. Almost all companies charge to insure your cars determined by how the vehicle is used. Cars and trucks that are left in the garage qualify for better rates than vehicles that are driven to work every day. Verify your car insurance policy shows the correct driver usage. Incorrect usage on your F-150 may be costing you.
  • Mature drivers pay less – Older insureds are more cautious drivers, statistically cause fewer accidents and get fewer tickets. Youthful drivers have a tendency to be more careless when behind the wheel therefore car insurance rates are much higher.
  • Safer cars cost less to insure – Vehicles with high crash test scores can get you lower premiums. These vehicles reduce injuries and better occupant protection translates into fewer and smaller insurance claims and thus lower rates. If your Ford earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you are probably receiving a discount.
  • How’s your driving record? – Good drivers get better rates than bad drivers. Even one speeding ticket can increase rates twenty percent or more. Drivers who get serious violations such as DWI, reckless driving or hit and run convictions may be required to submit a SR-22 form to the state department of motor vehicles in order to continue driving.
  • Protect your assets with liability insurance – Your policy’s liability coverage provides coverage when you are found liable for damages from an accident. Liability insurance provides legal defense coverage up to the limits shown on your policy. Liability insurance is quite affordable as compared to coverage for physical damage, so do not cut corners here.
  • Your location affects your rates – Living in less populated areas has it’s advantages when it comes to car insurance. Fewer people means a lower chance of having an accident as well as less vandalism and auto theft. Urban drivers have to deal with congested traffic and a longer drive to work. More time on the road translates into higher accident risk.
  • Too many car insurance claims drive up costs – Car insurance companies award cheaper rates to policyholders who file claims infrequently. If you are a frequent claim filer, you can definitely plan on higher rates. Insurance coverage is designed for the bigger claims that can’t be paid out-of-pocket.

Are you getting all your discounts?

Companies offering auto insurance don’t necessarily list every discount in a way that’s easy to find, so the following is a list of both the well known and the harder-to-find savings tricks you should be using.

  • Anti-theft Discount – Cars that have factory anti-theft systems are stolen less frequently and therefore earn up to a 10% discount.
  • Low Mileage – Low mileage vehicles can qualify you for lower rates on the low mileage vehicles.
  • Safe Drivers – Drivers who avoid accidents may receive a discount up to 45% less for F-150 insurance than drivers with accidents.
  • Multi-car Discount – Buying coverage for more than one vehicle on the same car insurance policy can get a discount on all vehicles.
  • College Student – Children who attend school more than 100 miles from home and do not have a car can receive lower rates.

It’s important to understand that some credits don’t apply the the whole policy. Most only reduce the price of certain insurance coverages like physical damage coverage or medical payments. So when the math indicates it’s possible to get free car insurance, you won’t be that lucky.

For a list of insurance companies with discount car insurance rates, click here to view.

When might I need an agent?

When choosing coverage for your vehicles, there isn’t really a best way to insure your cars. Everyone’s needs are different.

These are some specific questions might point out if your insurance needs could use an agent’s help.

  • Are there companies who specialize in insuring high-risk drivers?
  • How much can I save by bundling my policies?
  • When should I buy a commercial auto policy?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • What companies insure drivers after a DUI or DWI?
  • When should my teen driver be added to my policy?
  • Can I rate high risk drivers on liability-only vehicles?
  • Why do I only qualify for high-risk insurance?

If you can’t answer these questions but a few of them apply, then you may want to think about talking to an agent. If you want to speak to an agent in your area, fill out this quick form.

Specific coverage details

Knowing the specifics of your policy can be of help when determining the best coverages and the correct deductibles and limits. The terms used in a policy can be difficult to understand and reading a policy is terribly boring.

Uninsured and underinsured coverage – This coverage provides protection from other drivers when they do not carry enough liability coverage. Covered losses include injuries to you and your family as well as damage to your Ford F-150.

Since many 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.

Coverage for liability – Liability insurance protects you from injuries or damage you cause to other’s property or people. It protects YOU against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show limits of 25/50/25 that translate to a $25,000 limit per person for injuries, $50,000 for the entire accident, and property damage coverage for $25,000.

Liability insurance covers claims such as attorney fees, repair bills for other people’s vehicles and repair costs for stationary objects. How much liability coverage do you need? That is a decision to put some thought into, but you should buy higher limits if possible.

Coverage for medical payments – Med pay and PIP coverage pay for immediate expenses like EMT expenses, hospital visits, prosthetic devices, dental work and rehabilitation expenses. They can be used in conjunction with a health insurance policy or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is not universally available and may carry a deductible

Comprehensive coverages – Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like falling objects, hitting a bird and hitting a deer. The most you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Collision coverages – This pays for damage to your F-150 from colliding with another car or object. A deductible applies and then insurance will cover the remainder.

Collision coverage pays for things such as hitting a mailbox, scraping a guard rail, colliding with another moving vehicle and hitting a parking meter. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to increase the deductible in order to get cheaper collision rates.

Save for a rainy day

We’ve covered many ways to lower your 1998 Ford F-150 insurance rates. It’s most important to understand that the more price quotes you have, the higher your chance of finding lower rates. You may be surprised to find that the lowest premiums are with a lesser-known regional company.

When buying insurance coverage, never buy poor coverage just to save money. In too many instances, someone dropped physical damage coverage only to discover later that the small savings ended up costing them much more. Your goal should be to buy enough coverage for the lowest price while not skimping on critical coverages.

Insureds leave their current company for any number of reasons including policy cancellation, denial of a claim, lack of trust in their agent and even unfair underwriting practices. It doesn’t matter why you want to switch finding the right insurance provider is pretty simple and you could end up saving a buck or two.

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