2001 Ford F-150 Car Insurance Cost – 9 Savings Tips

Did you fall for a flashy sales pitch and buy an overpriced auto insurance policy? Trust us, there are many consumers feeling the pinch from expensive auto insurance.

There is such a variety of car insurance companies to choose from, and even though it’s nice to have multiple companies, it can be more difficult to find the lowest rates.

Consumers should take time to take a look at other company’s rates quite often because prices tend to go up over time. If you had the lowest price for F-150 coverage last year there may be better deals available now. Starting right now, ignore everything you know about auto insurance because we’re going to show you the best way to reduce your cost while increasing coverage.

Choosing the best insurance company for you is not that difficult. In a nutshell, everyone who is shopping for insurance will more than likely be able to save money. Nevertheless, drivers benefit from understanding how companies sell insurance online because it can help you find the best coverage.

How to Get Insurance Coverage

All the larger insurance coverage companies like Progressive, Geico, Allstate and State Farm quote coverage prices on their websites. Getting online quotes is pretty easy as you simply type in your coverage information into a form. Upon sending the form, their system will obtain your driving and credit reports and generates pricing information based on these factors. Online quotes streamlines rate comparisons, but the time it takes to visit different websites and enter the same data into a form gets old quite quickly. But it is imperative to perform this step in order to get the lowest price.

There is a better way to compare rates

A more efficient way to find cheaper rates makes use of a single form to obtain quotes from more than one company. This type of form saves time, eliminates repetitive work, and makes rate comparisons much easier. After your information is entered, your coverage is rated and you are able to buy any or none of the resulting price quotes. If one or more price quotes are lower than your current rates, you can click and sign and buy the policy. The whole process takes 15 minutes at the most and could lower your rates considerably.

In order to use this form to compare rates, click here and enter your information. If you currently have coverage, we recommend that you enter the insurance coverages as close as possible to your current policy. This way, you will be getting an apples-to-apples comparison based on identical coverages.

There’s no such thing as the perfect policy

When it comes to buying the right insurance coverage, there is no “perfect” insurance plan. Coverage needs to be tailored to your specific needs and your policy should reflect that. For instance, these questions can help discover if you will benefit from professional help.

• Is my teenager covered with friends in the car?
• Are my tools covered if they get stolen from my vehicle?
• Does medical payments coverage apply to all occupants?
• Is pleasure use cheaper than using my 2001 Ford F-150 to commute?
• Are my friends covered when driving my 2001 Ford F-150?
• Is my Ford F-150 covered if I use it for business?
• What is the difference between comprehensive and collision coverage?

If you don’t know the answers to these questions, you might consider talking to an agent. To find lower rates from a local agent, simply complete this short form or click here for a list of car insurance companies in your area.

Auto insurance coverages and their meanings

Having a good grasp of auto insurance aids in choosing the right coverages at the best deductibles and correct limits. Policy terminology can be ambiguous and reading a policy is terribly boring. Below you’ll find typical coverage types available from auto insurance companies.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses for things like funeral costs, pain medications, rehabilitation expenses, nursing services and hospital visits. The coverages can be used to fill the gap from your health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Collision protection

Collision coverage will pay to fix damage to your F-150 from colliding with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims like hitting a mailbox, hitting a parking meter and driving through your garage door. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to increase the deductible to get cheaper collision coverage.

Comprehensive protection

This coverage covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things like a broken windshield, rock chips in glass and hail damage. The most a auto insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Uninsured or underinsured coverage

This coverage protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Liability

This protects you from damage that occurs to a person or their property in an accident. It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 25/50/25 which stand for $25,000 bodily injury coverage, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property.

Liability can pay for things like court costs, structural damage and repair costs for stationary objects. How much liability should you purchase? That is a personal decision, but buy as much as you can afford.