Save on 2000 Ford F-150 SVT Lightning Insurance Quotes

Looking for the cheapest insurance rates for your Ford F-150 SVT Lightning? Sick and tired of trying to scrape together enough money to insure your Ford every month? Your situation is no different than most other car owners.

Drivers have multiple insurers to choose from, and even though it’s nice to be able to choose, it can be more difficult to adequately compare rates.

You need to compare prices yearly because rates fluctuate regularly. Just because you found the lowest price for F-150 SVT Lightning coverage last year you will most likely find a better rate today. Starting now, block out anything you think you know about insurance because you’re about to learn the right way to remove unneeded coverages and save money.

You probably qualify for some discounts

Car insurance is not cheap, but you may find discounts that many people don’t even know exist. Some trigger automatically when you complete an application, but some may not be applied and must be asked about before you will receive the discount.

  • Safe Driver Discount – Safe drivers may save up to 50% more for F-150 SVT Lightning coverage than drivers with accidents.
  • Homeowners Pay Less – Owning a home may earn you a small savings because maintaining a house requires personal responsibility.
  • Senior Citizens – If you qualify as a senior citizen, you may qualify for a small decrease in premiums for F-150 SVT Lightning coverage.
  • Good Student – Getting good grades can earn a discount of 20% or more. The discount lasts until age 25.
  • Auto/Life Discount – Some companies give lower rates if you buy auto and life insurance together.
  • Low Mileage Discounts – Keeping the miles down on your Ford could qualify for discounted rates on garaged vehicles.
  • Braking Control Discount – Vehicles with anti-lock braking systems can avoid accidents and qualify for as much as a 10% discount.
  • Distant Student – Children living away from home attending college and don’t have a car can be insured at a reduced rate.
  • New Vehicle Savings – Insuring a new car can save up to 30% because new vehicles have to meet stringent safety requirements.
  • Discount for Swiching Early – Some insurance companies reward drivers for switching policies prior to your current policy expiring. The savings is around 10%.

Drivers should understand that most discount credits are not given to the overall cost of the policy. Some only apply to individual premiums such as comp or med pay. So even though they make it sound like you would end up receiving a 100% discount, you won’t be that lucky. But any discount will reduce the amount you have to pay.

For a list of providers offering insurance discounts, click this link.

How to Compare Insurance Quotes

To find the best insurance prices, there are several ways to get quotes from local insurance companies. By far the easiest way to find the lowest 2000 Ford F-150 SVT Lightning rates consists of shopping online. It is quite easy and can be accomplished in several different ways.

Probably the best way to find low rates is a comparison rater form like this one (opens in new window). This method eliminates the need for boring form submissions for each company. One simple form gets rate comparisons from several companies.

Another way to find lower rates is going to each company website and complete a new quote form. For example, we’ll assume you want rates from Auto-Owners, Safeco and Farmers. You would have to spend time on each company’s site and enter your policy data, which is why the first method is quicker. To view a list of companies in your area, click here.

The least recommended method of comparing rate quotes is driving to insurance agents’ offices. The ability to buy insurance online eliminates the need for an insurance agent unless you require the trained guidance of a licensed agent. Drivers can comparison shop your insurance online but still have the advice of a local agent.

It’s up to you which method you use, but be sure to compare identical coverage limits and deductibles with every price quote. If each company quotes different values for each quote it’s impossible to make an equal comparison. Quoting even small variations in coverages could mean much higher rates. And when price shopping your coverage, obtaining a wide range of quotes will improve the odds of getting a lower rate.

Impacting insurance rates for a Ford F-150 SVT Lightning

Smart consumers have a good feel for the different types of things that help determine auto insurance rates. Knowing what impacts premium levels enables informed choices that may reward you with much lower annual insurance costs.

  • Teen drivers pay high rates – Teenage drivers have a tendency to be more careless when behind the wheel so auto insurance rates are higher. Older insureds are viewed as being more responsible, tend to file fewer claims and get fewer tickets.
  • Higher deductibles cost less – Physical damage insurance, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your Ford. Examples of covered claims are colliding with a building, damage from fire, and windstorm damage. The deductibles are how much you are willing to pay before a claim is paid by your company. The more expense you’re willing to pay, the bigger discount you will receive for F-150 SVT Lightning coverage.
  • Policy add-ons can waste money – There are a lot of additional coverages that you can buy on your F-150 SVT Lightning policy. Coverages like roadside assistance, towing coverage and membership fees are examples of these. These coverages may sound good when talking to your agent, but your needs may have changed so get rid of them and save.
  • A lapse in coverage is a bad thing – Having an insurance coverage lapse is a sure-fire way to bump up your auto insurance costs. And not only will insurance be more expensive, getting caught without coverage can result in a hefty fine and possibly a revoked license.
  • More miles equals more premium – The more miles you rack up on your Ford every year the more you’ll pay to insure your vehicle. Almost all companies rate vehicles based upon how you use the vehicle. Autos that are left in the garage can get a lower rate as compared to vehicles used primarily for driving to work. Verify your auto insurance policy is showing how each vehicle is driven, because it can save money. Incorrect usage on your F-150 SVT Lightning may be wasting your money.

There’s no such thing as the perfect policy

When it comes to choosing adequate coverage for your personal vehicles, there really is not a “perfect” insurance plan. Each situation is unique and your policy should reflect that. For example, these questions could help you determine whether or not you may require specific advice.

  • Does coverage extend to Mexico or Canada?
  • Who is covered by my policy?
  • Do I have newly-aquired coverage?
  • When does my teenage driver need to be added to my policy?
  • Should I put collision coverage on all my vehicles?
  • Is motorclub coverage worth it?

If you don’t know the answers to these questions, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form or you can go here for a list of companies in your area.

Insurance policy coverages for a 2000 Ford F-150 SVT Lightning

Knowing the specifics of a insurance policy can be of help when determining appropriate coverage at the best deductibles and correct limits. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording. Below you’ll find typical coverages found on most insurance policies.

Medical expense insurance

Medical payments and Personal Injury Protection insurance pay for expenses such as X-ray expenses, nursing services and rehabilitation expenses. They are used in conjunction with a health insurance policy or if you are not covered by health insurance. It covers all vehicle occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage

Protection from uninsured/underinsured drivers

Your UM/UIM coverage gives you protection when other motorists do not carry enough liability coverage. Covered claims include injuries to you and your family as well as damage to your 2000 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. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Most of the time these coverages are set the same as your liablity limits.

Auto collision coverage

This coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims such as crashing into a building, driving through your garage door and backing into a parked car. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. Another option is to choose a higher deductible to save money on collision insurance.

Comprehensive (Other than Collision)

This will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims such as vandalism, hitting a deer, damage from getting keyed and a broken windshield. The highest amount your insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.

Liability auto insurance

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

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 50/100/50 that means you have a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property. Another option is a combined single limit or CSL which limits claims to one amount and claims can be made without the split limit restrictions.

Liability can pay for things such as medical services, repair costs for stationary objects, structural damage and loss of income. How much coverage you buy is up to you, but consider buying as large an amount as possible.

Don’t be a big spender

In this article, we covered a lot of techniques to compare 2000 Ford F-150 SVT Lightning insurance prices online. The key thing to remember is the more price quotes you have, the better likelihood of reducing your rate. You may be surprised to find that the lowest rates come from some of the smallest insurance companies. They can often insure niche markets at a lower cost as compared to the big name companies such as Geico and State Farm.

While you’re price shopping online, make sure you don’t buy poor coverage just to save money. Too many times, an insured dropped full coverage only to regret that it was a big error on their part. Your goal should be to buy enough coverage at the best price while not skimping on critical coverages.

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