Cheaper 2004 Ford F-150 Car Insurance Cost

Finding better insurance prices for a Ford F-150 can turn out to be difficult, but you can use the following methods to find lower rates.

There is a better way to buy insurance and we’ll show you the quickest way to get price quotes on a Ford and obtain the best price possible from local insurance agents and online providers.

Discounts can really help lower rates

Auto insurance companies don’t always list every possible discount in an easy-to-find place, so here is a list some of the best known and also the more inconspicuous ways to save on insurance. If you do not double check each discount available, you’re paying more than you need to.

  • Anti-theft Discount – Vehicles that have factory alarm systems and tracking devices are stolen less frequently and earn discounts up to 10% off your car insurance quote.
  • Multi-Vehicle Discounts – Insuring multiple cars on the same insurance policy can get a discount on all vehicles.
  • Payment Method – If you pay your bill all at once instead of paying each month you can avoid the installment charge.
  • Military Deployment Discount – Being deployed with a military unit could qualify you for better insurance rates.
  • Onboard Data Collection – Drivers that enable their insurance company to monitor when and where they use their vehicle by installing a telematics device such as In-Drive from State Farm or Allstate’s Drivewise system might get better premium rates if their driving habits are good.
  • Renewal Discounts – Some larger companies give discounts for renewing your policy before your current policy expires. It could save around 10% when you buy car insurance online.
  • Employee of Federal Government – Active or retired federal employment can save as much as 8% on F-150 coverage with select insurance companies.
  • Driver Training Discounts – Taking a course in safe driver could earn you a small percentage discount and easily pay for the cost of the class.
  • ABS and Traction Control Discounts – Cars, trucks, and SUVs with anti-lock braking systems can reduce accidents so companies give up to a 10% discount.

We need to note that some credits don’t apply to all coverage premiums. Most only reduce the cost of specific coverages such as physical damage coverage or medical payments. Just because it seems like having all the discounts means you get insurance for free, insurance companies wouldn’t stay in business.

If you would like to view insurers that have a full spectrum of discounts, click here.

Low cost car insurance prices

Many insurance companies provide prices online. Doing online quotes is quite simple as all you need to do is type in the coverages you want into the form. After you submit the form their system sends out for reports for credit and driving violations and gives you a price quote based on these and other factors.

This makes it simple to compare prices but the process of having to visit several different sites and type in the same information can get tiresome after awhile. But it is imperative to compare as many rates as possible if you want to find lower prices.

Quote rates the easy way

A more efficient way to lower your car insurance bill makes use of a single form to obtain quotes from several companies at one time. It saves time, requires less work, and makes online price comparison a lot less work. After your information is entered, it gets priced and you can select your choice of the quote results.

If you find a better price you simply finish the application and purchase coverage. The entire process only takes a few minutes and can result in significant savings.

To compare rates using this form now, click here and submit your coverage information. To compare your current rates, we recommend you copy coverages and limits identical to your current policy. This way, you will have rate comparison quotes based on similar coverages.

Insurance rate influencing factors

Many factors are used when premium rates are determined. Some of the criteria are obvious like your driving record, but other factors are not quite as obvious like your continuous coverage and annual miles driven.

Shown below are some of the things auto insurance companies consider when setting your prices.

  • Fewer miles means better costs – The more miles you rack up on your Ford each year the more you will pay for auto insurance. Most companies apply a rate partially by how you use the vehicle. Cars and trucks that are left in the garage cost less to insure compared to those used for work or business. It’s a good idea to make sure your auto insurance policy is showing the correct usage, because it can save money. Having the wrong rating on your F-150 may be costing you higher rates.
  • Do you work long hours in a stressful vocation? – Do you have a high-stress occupation? Occupational choices like fire fighters, social workers and financial analysts generally have the highest rates because of job stress and incredibly demanding work hours. On the flip side, careers like professors, historians and the unemployed receive lower rates on F-150 coverage.
  • Lower prices with continuous coverage – Driving any period of time without insurance can get you a ticket and auto insurance companies will penalize you for letting your coverage cancel without a new policy in place. Not only will you pay higher rates, not being able to provide proof of insurance could earn you a steep fine or even jail time.
  • Too many auto insurance claims and you’ll pay more – If you are a frequent claim filer, you can pretty much guarantee either higher rates or even cancellation. Auto insurance companies generally give better rates to people who do not file claims often. Your car insurance is designed for major claims that would cause financial hardship.
  • Bump up comp and collision deductibles to lower rates – The deductibles you choose state the amount of money the insured will be required to pay in the event of a claim. Physical damage coverage, aka comp and collision, covers damage that occurs to your car. A few examples of covered claims are collision with another vehicle, damage caused by hail, or theft of your vehicle. The more expense the insured has to pay upfront, the less money you will pay for auto insurance on F-150 coverage.
  • Extra policy coverages can cost a lot – Insurance policies have a lot of optional add-on coverages that sound like a good idea at the time but may not be useful. Add-on coverages like coverage for rental cars, accident forgiveness, and membership fees may not be needed and are just wasting money. They may seem like a good idea when discussing your needs, but your needs may have changed so get rid of them and save.
  • Save money by having multiple policies – Lots of companies afford a discount to clients who carry more than one policy such as combining an auto and homeowners policy. Even if you qualify for this discount already, it’s in your best interest to shop around to ensure the best deal. Consumers may find a better deal by buying auto insurance from a different company.
  • Battle of the sexes – The statistics show that females take fewer risks when driving. Now that doesn’t mean men are WORSE drivers than women. Both sexes tend to get into fender benders in similar percentages, but the male of the species get into accidents with more damage. Men also tend to get higher numbers of serious violations such as driving while intoxicated (DWI) or driving recklessly.

Will just any policy work for me?

When it comes to choosing adequate coverage, there isn’t really a one size fits all plan. Your needs are not the same as everyone else’s.

For instance, these questions can aid in determining if your situation would benefit from professional advice.

  • Can I afford low physical damage deductibles?
  • Does insurance cover tools stolen from my truck?
  • Is extra glass coverage worth it?
  • Can I make deliveries for my home business?
  • What vehicles should carry emergency assistance coverage?
  • Can my teen drive my company car?

If it’s difficult to answer those questions but you know they apply to you then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form. It only takes a few minutes and can provide invaluable advice.

Car insurance advertisements

Consumers get pounded daily by advertisements that claim the cheapest premium rates from the likes of State Farm, Allstate and GEICO. All the ads make an identical promise about how much you will save if you switch your policy.

That’s great but how can every company lower your premium rates? It’s all in how they say it.

Different companies quote their best rates for the type of driver that will add to their bottom line. An example of a preferred risk might have to be over the age of 35, owns a home, and has great credit. Any person who meets those qualifications will qualify for the lowest premium rates and most likely will cut their rates substantially.

Drivers who fall outside this ideal profile must pay a higher rate and this can result in the customer not purchasing. The ads say “drivers who switch” not “all people who quote” can save as much as they claim. That’s the way companies can truthfully advertise the way they do.

Because of this risk profiling, drivers must get a wide range of price quotes. Because you cannot predict which car insurance company will provide you with the cheapest premium rates.

Auto insurance 101

Knowing the specifics of your policy aids in choosing which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording.

Liability coverages

Liability insurance protects you from damages or injuries you inflict on other’s property or people that is your fault. It protects YOU against other people’s claims, and doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have limits of 50/100/50 which means a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Occasionally you may see a combined limit which provides one coverage limit rather than limiting it on a per person basis.

Liability insurance covers things such as repair bills for other people’s vehicles, attorney fees, repair costs for stationary objects and medical services. How much liability should you purchase? That is a decision to put some thought into, but buy as much as you can afford.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. Covered claims include injuries to you and your family and damage to your 2004 Ford F-150.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important. Most of the time these coverages do not exceed the liability coverage limits.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses like X-ray expenses, pain medications, funeral costs, dental work and prosthetic devices. They can be used to fill the gap from your health insurance policy or if you do not have health coverage. Coverage applies to both the driver and occupants and also covers any family member struck as a pedestrian. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Comprehensive insurance

This coverage pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims like damage from getting keyed, damage from a tornado or hurricane, falling objects, a tree branch falling on your vehicle and hail damage. The highest amount you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Collision coverage

Collision insurance pays for damage to your F-150 caused by collision with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things like colliding with a tree, driving through your garage door, crashing into a building and damaging your car on a curb. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. Another option is to raise the deductible to save money on collision insurance.

Don’t be a big spender

Low-cost 2004 Ford F-150 insurance can be found on the web and also from your neighborhood agents, so you should compare both to have the best chance of lowering rates. Some insurance companies may not offer the ability to get a quote online and most of the time these small, regional companies only sell through local independent agencies.

Consumers who switch companies do it for any number of reasons including extreme rates for teen drivers, delays in responding to claim requests, poor customer service and even questionable increases in premium. Whatever your reason, switching companies is actually quite simple.

While you’re price shopping online, never skimp on coverage in order to save money. In too many instances, someone sacrificed liability coverage limits only to find out that a couple dollars of savings turned into a financial nightmare. Your aim should be to get the best coverage possible at a price you can afford but still have enough coverage for asset protection.

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