2012 Ford F-150 Insurance Rates

Shopping for low-cost insurance coverage on the web can appear to be intimidating for drivers that are not comfortable with quoting and buying their insurance coverage on the internet. With a ridiculous number of companies competing online, how are drivers able to have a chance to compare the different rates to find the lowest price available?

Finding affordable coverage is quite easy. Basically, everyone who buys insurance will more than likely be able to find lower rates. But car owners need to have an understanding of how insurance companies market insurance on the web and use this information to your advantage.

The method we recommend to get policy rate comparisons is to realize most larger insurance companies will pay a fee to compare rate quotes. The only thing you need to do is provide information including how you use your vehicles, the year, make and model of vehicles, your credit rating estimate, and if you are currently licensed. That rating data is submitted instantly to many of the top insurers and you will receive price estimates very quickly.

If you wish to get multiple quotes for your car now, click here and find out if lower rates are available.

Insurance rate influencing factors

Many things are part of the calculation when you get a price on insurance. A few of the factors are predictable such as your driving history, but some are not quite as obvious such as your credit history or your vehicle rating.Consumers need to have an understanding of a few of the rating criteria that go into determining auto insurance rates. If you know what influences your rates, this enables informed choices that may reward you with big savings.

  • How credit rating affects auto insurance rates – Credit rating can be a huge factor in determining premium rates. Consumers who have good credit tend to be better risks to insure than drivers with poor credit. If your credit history is not that good, you could save money insuring your 2012 Ford F-150 by repairing your credit.
  • Your job can affect premiums – Did you know your auto insurance rates can be affected by your occupation? Occupations like judges, executives and emergency personnel tend to have higher premiums than the average policyholder attributed to high stress and incredibly demanding work hours. On the other hand, occupations like farmers, historians and the unemployed have the lowest average rates on F-150 insurance.
  • Rate your vehicle for proper use – The higher the miles on your Ford in a year’s time the higher your rates will be. Almost all companies apply a rate based upon how much you drive. Cars that sit idle most of the time qualify for better rates than vehicles that have high annual mileage. Ask your agent if your auto insurance coverage reflects the correct usage for each vehicle, because improper ratings can cost you money. An incorrectly rated F-150 is throwing money out the window.
  • Rates can drop if you have more than one policy – Lots of auto insurance companies allow better rates to insureds who buy several policies from them, otherwise known as a multi-policy discount. The amount of the discounts can be ten percent or more. Even if you’re getting this discount you still need to compare other insurance prices to confirm you are receiving the best rates possible.

Insurance coverage policy discounts

Properly insuring your vehicles can get expensive, but there could be available discounts that you may not even be aware of. Some trigger automatically when you quote, but some may not be applied and must be inquired about before being credited.

  • Student Discount for Driver Training – It’s a good idea to have your young drivers successfully complete driver’s ed class as it can save substantially.
  • College Student Discount – Children who are attending college without a vehicle on campus could qualify for this discount.
  • Active Service Discounts – Being deployed in the military could trigger a small discount.
  • Seat Belt Usage – Requiring all passengers to wear their seat belts can save a little off the medical payments premium.
  • Air Bag Discount – Factory options such as air bags can qualify for discounts of 20% or more.
  • Online Discount – Some of the larger companies will give you a small discount shop insurance on their website.
  • Student Discounts – Getting good grades may save as much as 25% on a insurance quote. The discount lasts until age 25.
  • ABS Braking Discount – Cars and trucks with ABS braking systems or traction control can reduce accidents and the ABS can save up to 10%.
  • Theft Deterent Discount – Vehicles that have factory alarm systems and tracking devices have a lower chance of being stolen and will save you 10% or more.

As a footnote on discounts, most credits do not apply to the entire cost. A few only apply to specific coverage prices like comp or med pay. Just because you may think adding up those discounts means a free policy, companies don’t profit that way.

A list of companies and a selection of discounts are shown below.

  • Farm Bureau has discounts for safe driver, renewal discount, multi-policy, driver training, good student, 55 and retired, and youthful driver.
  • MetLife policyholders can earn discounts including defensive driver, multi-policy, good driver, good student, accident-free, claim-free
  • Progressive offers discounts including online signing, multi-vehicle, multi-policy, continuous coverage, homeowner, and online quote discount.
  • AAA includes discounts for pay-in-full, education and occupation, multi-car, anti-theft, and good student.
  • American Family may have discounts that include multi-vehicle, good student, good driver, bundled insurance, accident-free, mySafetyValet, and air bags.
  • GEICO may include discounts for daytime running lights, anti-theft, membership and employees, seat belt use, and five-year accident-free.
  • State Farm may offer discounts for accident-free, driver’s education, safe vehicle, multiple policy, and multiple autos.

It’s a good idea to ask all companies you are considering which discounts they offer. A few discounts might not be offered in your area. To locate providers that offer some of these discounts, click this link.

How do I know if I need professional advice?

When it comes to buying coverage for your personal vehicles, there really is not a single plan that fits everyone. Every situation is different.

For example, these questions can help discover if your situation would benefit from an agent’s advice.

  • Am I covered if I drive in a foreign country?
  • Why do I need rental car insurance?
  • How does medical payments coverage work?
  • Is my trailer covered?
  • What is no-fault insurance?
  • How can I find cheaper teen driver insurance?
  • Do I benefit by insuring my home with the same company?
  • Can I afford to buy a different vehicle if my 2012 Ford F-150 is totaled?
  • Do I have coverage when using my vehicle for my home business?

If it’s difficult to answer those questions but you know they apply to you, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, simply complete this short form.

Auto insurance coverage information

Having a good grasp of insurance can help you determine the right coverages and the correct deductibles and limits. Policy terminology can be difficult to understand and nobody wants to actually read their policy.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family and also any damage incurred to your Ford F-150.

Due to the fact that many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Collision coverage

This coverage pays for damage to your F-150 caused by collision with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as crashing into a building, sustaining damage from a pot hole and hitting a parking meter. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. It’s also possible to increase the deductible to bring the cost down.

Coverage for liability

Liability coverage provides protection from damages or injuries you inflict on people or other property. It protects YOU against other people’s claims, and doesn’t cover damage sustained by your vehicle in an accident.

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 might see limits of 50/100/50 which means a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property.

Liability coverage pays for things like pain and suffering, loss of income, repair costs for stationary objects, funeral expenses and repair bills for other people’s vehicles. The amount of liability coverage you purchase is up to you, but consider buying higher limits if possible.

Comprehensive coverage

This coverage will pay to fix damage that is not covered by collision coverage. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things such as theft, falling objects, damage from a tornado or hurricane and a broken windshield. The highest amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses such as prosthetic devices, EMT expenses, chiropractic care, X-ray expenses and surgery. They are used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants as well as getting struck while a pedestrian. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

Make an honest buck

Drivers leave their current company for many reasons like delays in paying claims, being labeled a high risk driver, lack of trust in their agent or even delays in responding to claim requests. No matter why you want to switch, finding the right insurance coverage provider is less work than it seems.

In this article, we presented many tips how you can save on 2012 Ford F-150 insurance. The most important thing to understand is the more companies you get car insurance rates for, the higher the chance of saving money. Consumers may even find the lowest rates are with the smaller companies.

Some insurance companies do not offer price quotes online smaller companies sell through independent agencies. Discount 2012 Ford F-150 insurance can be purchased on the web in addition to local insurance agencies, and you need to comparison shop both in order to have the best chance of saving money.

More information can be found on the following sites: