1994 Ford F-150 Insurance Cost – 5 Policy Discounts

Want better car insurance rates for your Ford F-150? Having to pay for overpriced car insurance can empty your personal savings and make it hard to pay other bills. Comparing price quotes is a smart way to tighten up your finances.

Insurance companies such as Progressive, Geico and Farmers Insurance increase brand awareness with catchy ads and it can be hard to ignore the flying pigs and cute green geckos and take the time to shop coverage around.

Comparison of Insurance Coverage

There are a lot of ways to compare insurance coverage quotes, but some are less time-consuming than others. You can waste hours driving to insurance agencies in your area, or you could use the internet to accomplish the same thing much quicker.

Many popular insurance companies participate in a marketplace that enables customers to submit their information once, and every company can provide price quotes for coverage. This eliminates the need for repetitive form submissions to each individual insurance coverage company.

To access this free quoting program, click here to open in new window.

The one downside to using this type of system is you don’t know exactly which providers to receive prices from. If you would rather choose specific providers to receive pricing from, we have a page of the cheapest insurance coverage companies in your area. Click here to view list.

It’s your choice how you get your quotes, but double check that you are using identical coverage information for every quote you compare. If you are comparing different deductibles you will not be able to decipher which rate is best. Slightly different insurance coverages can make a big difference in price. It’s important to know that having more price comparisons helps locate a better price.

Cut your premium with these five discounts

Companies offering auto insurance don’t always publicize all available discounts very well, so here is a list some of the best known and the harder-to-find car insurance savings.

  • Payment Method – If you pay your entire premium ahead of time instead of monthly or quarterly installments you may reduce your total bill.
  • Seat Belt Usage – Using a seat belt and requiring all passengers to use a seat belt could save 15% on the medical payments or PIP coverage costs.
  • No Charge for an Accident – A handful of insurance companies allow you one accident before your rates go up so long as you haven’t had any claims prior to the accident.
  • Passive Restraints – Vehicles with factory air bags and/or automatic seat belt systems can qualify for discounts up to 30%.
  • Bundle and Save – If you insure your home and vehicles with one company you will save approximately 10% to 15%.

Keep in mind that most of the big mark downs will not be given to your bottom line cost. Some only reduce individual premiums such as collision or personal injury protection. So when it seems like you would end up receiving a 100% discount, it just doesn’t work that way.

Companies who might offer some of the above discounts are:

Before buying, ask each company what discounts are available to you. Savings may not apply in your state.

What is the best insurance coverage?

When buying coverage, there isn’t really a single plan that fits everyone. Every situation is different so this has to be addressed. For instance, these questions may help you determine if your insurance needs could use an agent’s help.

  • What if I don’t agree with a claim settlement offer?
  • Can my babysitter drive my car?
  • Is my Ford F-150 covered if I use it for business?
  • How much liability coverage do I need in my state?
  • How high should deductibles be on a 1994 Ford F-150?
  • When can I cancel my policy?
  • Am I better off with higher deductibles on my 1994 Ford F-150?
  • What vehicles should carry emergency assistance coverage?
  • Am I covered if I drive in a foreign country?

If you’re not sure about those questions, you might consider talking to an insurance agent. If you want to speak to an agent in your area, take a second and complete this form or go to this page to view a list of companies.

Car insurance 101

Understanding the coverages of a auto insurance policy helps when choosing the best coverages for your vehicles. Auto insurance terms can be impossible to understand and nobody wants to actually read their policy. Listed below are the normal coverages found on most auto insurance policies.

Comprehensive insurance – Comprehensive insurance pays for damage from a wide range of events other than collision. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage pays for things like damage from getting keyed, damage from a tornado or hurricane, vandalism and theft. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Liability auto insurance – This coverage protects you from damage that occurs to other people or property that is your fault. It protects YOU from legal claims by others, and doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and $100,000 of coverage for damaged propery.

Liability coverage pays for things like loss of income, funeral expenses, court costs and emergency aid. How much liability coverage do you need? That is a personal decision, but buy as high a limit as you can afford.

Med pay and Personal Injury Protection (PIP) – Medical payments and Personal Injury Protection insurance provide coverage for expenses for things like chiropractic care, EMT expenses, ambulance fees and funeral costs. They are often used to fill the gap from your health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. PIP is not an option in every state and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist (UM/UIM) – This protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family as well as your vehicle’s damage.

Because many people only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Collision – This coverage pays for damage to your F-150 resulting from a collision with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for things like backing into a parked car, colliding with another moving vehicle, hitting a mailbox and scraping a guard rail. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to bump up the deductible to get cheaper collision coverage.