1995 Ford F-150 SVT Lightning Car Insurance Quotes

Pretty sure you bought an expensive auto insurance policy? Don’t sweat it because many consumers feel financially strained by their auto insurance policy. Online insurance companies like State Farm and GEICO continually bombard you with ads and it can be hard to sift through the bull and find the best price available.

It’s a great practice to do rate comparisons before your policy renews since rates tend to go up over time. Even if you got the best rate for F-150 SVT Lightning insurance a year ago there may be better deals available now. Ignore everything you know about auto insurance because I’m going to let you in on the secrets to the right way to properly buy coverages while reducing your premium.

Lower your insurance rates

Part of the insurance coverage buying process is learning some of the things that help determine the price you pay for insurance coverage. When you know what positively or negatively determines base rates, this enables informed choices that can earn you much lower annual insurance costs.

The factors shown below are a few of the things insurance coverage companies consider when setting your rates.

An active policy claims history can cost you more – Companies award discounts to insureds who do not file claims often. If you’re an insured who likes to file claims you can definitely plan on higher premiums or even policy non-renewal. Insurance coverage is intended to be relied upon for larger claims.
Rental and towing coverage may not be needed – There are quite a few add-on coverages that can waste your money on your insurance coverage policy. Coverages like rental car coverage, accidental death, and term life insurance may be costing you every month. The coverages may be enticing when talking to your agent, but your money might be better spent on other coverage so remove them from your policy.
Five star safety rating saves money – Vehicles with good safety scores tend to have better insurance rates. Safer cars reduce the chance of injuries and fewer serious injuries means your insurance company pays less and more competitive rates for policyholders. If your Ford F-150 SVT Lightning has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may be receiving a better rate.
Your location is a factor – Choosing to live in less populated areas has definite advantages when shopping for auto insurance. Drivers in populated areas have traffic congestion and longer commute times. Fewer drivers on the road corresponds to lower accident rates and also fewer theft and vandalism claims.
Discounts for alarms and GPS tracking – Buying a car with an alarm system can help lower your premiums. Theft deterrent systems such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can help prevent auto theft.

First Step: Get free insurance coverage quotes

Most of the larger companies such as State Farm, Allstate and GEICO provide pricing from their websites. Doing online price comparisons is quite simple as you simply enter your coverage information as requested by the quote form. Behind the scenes, their system collects information on your driving record and credit history and gives you a price quote based on many factors. Online price quotes makes it simple to compare prices but the process of having to visit several different sites and type in the same data can get tiresome after awhile. But it’s absolutely necessary to compare as many rates as possible in order to get a lower rate.

The preferred way to lower your insurance coverage bill uses one form to return rates from multiple companies. This type of form saves time, eliminates form submissions, and makes online shopping much more efficient. Once the form is submitted, your coverage is rated and you can choose your choice of the quotes returned.

If one or more price quotes are lower than your current rates, it’s easy to complete the application and purchase the new policy. It takes 15 minutes at the most and could lower your rates considerably.

To quickly compare rates now, simply click here to open in new window and complete the simple form. If you currently have coverage, we recommend that you enter the insurance coverages identical to your current policy. This guarantees you are getting an apples-to-apples comparison using the same coverage and limits.

Insurance policy discounts

Car insurance companies don’t always list all their discounts in an easy-to-find place, so the following is a list of both the well known and also the lesser-known insurance savings. If they aren’t giving you every credit available, you are throwing money away.

Low Mileage Discounts – Driving fewer miles could be rewarded with slightly better insurancerates than normal.
Discounts for Government Workers – Being employed by or retired from a federal job can save as much as 8% for F-150 SVT Lightning insurance with certain companies.
Student Discounts – Maintaining excellent grades can save 20 to 25%. Many companies even apply the discount to college students well after school through age 25.
Claim-Free Discount – Insureds with no claims or accidents can earn big discounts as compared to drivers with a long claim history.
New Vehicle Savings – Insuring a new car can save up to 30% since newer vehicles have better safety ratings.

Discounts lower rates, but many deductions do not apply to the overall cost of the policy. Some only apply to the price of certain insurance coverages like collision or personal injury protection. Even though it appears having all the discounts means you get insurance for free, you aren’t that lucky. But all discounts should definitely cut the amount you pay for coverage.

If you would like to view insurance companies who offer online insurance quotes, follow this link.

How do I know if I need professional advice?

When choosing the right insurance coverage, there really is not a one size fits all plan. Every insured’s situation is different so your insurance should reflect that For instance, these questions can aid in determining whether you may require specific advice.

What is an SR-22 filing?
Should I have a commercial auto policy?
Do I have coverage when making deliveries for my home business?
Do I need replacement cost coverage on my 1995 Ford F-150 SVT Lightning?
What is the minimum liability in my state?
Do I pay less if my vehicle is kept in my garage?

If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to an agent. If you want to speak to an agent in your area, take a second and complete this form or click here for a list of auto insurance companies in your area. It’s fast, free and you can get the answers you need.

Information about specific coverages

Understanding the coverages of a car insurance policy can help you determine the best coverages and proper limits and deductibles. The terms used in a policy can be confusing and coverage can change by endorsement. Shown next are typical coverage types available from car insurance companies.

Comprehensive auto coverage

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

Comprehensive can pay for claims such as a tree branch falling on your vehicle, hitting a deer and hitting a bird. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses like EMT expenses, prosthetic devices and chiropractic care. They can be used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage provides protection when other motorists do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants and also any damage incurred to your Ford F-150 SVT Lightning.

Since many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important. Normally your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Liability coverages

This can cover damages or injuries you inflict on a person or their property that is your fault. This coverage protects you from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and property damage coverage for $25,000. Some companies may use one number which is a combined single limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage pays for claims such as loss of income, structural damage, bail bonds and funeral expenses. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.

Collision coverage

Collision insurance pays for damage to your F-150 SVT Lightning resulting from colliding with an object or car. A deductible applies and then insurance will cover the remainder.

Collision can pay for claims like damaging your car on a curb, sideswiping another vehicle, hitting a mailbox and driving through your garage door. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. Another option is to increase the deductible to get cheaper collision coverage.

Save for a rainy day

We just showed you some good ideas how you can save on 1995 Ford F-150 SVT Lightning insurance. The key concept to understand is the more providers you compare, the more likely it is that you will get a better rate. You may even discover the most savings is with the smaller companies. These companies may have significantly lower prices on certain market segments compared to the large companies like State Farm and Allstate.

Budget-friendly insurance can be bought on the web as well as from insurance agents, so you should be comparing quotes from both to get a complete price analysis. Some insurance companies may not offer online quoting and most of the time these regional insurance providers provide coverage only through independent insurance agents.