Lower Your 2006 Ford F-150 Insurance Rates

Looking for lower auto insurance rates for your Ford F-150? Perplexed by the crazy number of auto insurance choices? Lot’s of other consumers are too. People have so many choices that it can turn into a real hassle to find the lowest price.

It’s important to take a look at other company’s rates yearly since rates tend to go up over time. Even if you think you had the best rates for F-150 coverage a year ago you will most likely find a better rate today. There is too much inaccurate information about auto insurance online but by reading this article, you’re going to learn some proven techniques to slash your auto insurance rates.

The method we recommend to get rate comparisons takes advantage of the fact most of the larger companies participate in online systems to provide you with a free rate quote. To get started, all you need to do is provide details like coverage limits, any included safety features, driver ages, and whether your vehicle is owned or leased. Those rating factors is automatically sent to multiple companies and you will receive price estimates almost instantly.

To compare multiple company rates now, click here and see if a lower rate is available.

The auto insurance bait and switch

Auto insurance companies such as State Farm, Geico and Progressive continually stream ads in print and on television. They all seem to have a common claim that you can save after switching your coverage to them. How do they all make almost identical claims?

Different companies have a preferred profile for the type of driver they prefer to insure. For example, a driver they prefer could possibly be a mature driver, insures multiple vehicles, and has a short commute. Any driver who fits that profile is entitled to the best price and as a result will probably save a lot of money.

Consumers who do not match these standards will be charged more money and this can result in business going elsewhere. The ad wording is “customers who switch” not “everyone that quotes” save that kind of money. That is how companies can make those claims. That is why drivers must get as many quotes as possible. Because you never know the company that will have the lowest Ford F-150 insurance rates.

Why your Ford F-150 insurance rates may be high

Consumers need to have an understanding of the factors that come into play when calculating your auto insurance rates. Knowing what controls the rates you pay helps enable you to make changes that can help you get much lower annual insurance costs.

The list below includes some of the factors that factor into your rates.

  • Men fork out a little more – Statistics have proven women tend to be less risk to insure than men. However, don’t assume that men are WORSE drivers than women. They both cause accidents at about the same rate, but the male of the species cause more damage and cost insurance companies more money. Men also tend to get cited for more serious violations such as DWI and reckless driving.
  • Don’t sacrifice liability coverage – The liability section of your policy is the protection if ever a jury decides you are liable for causing damage or personal injury in an accident. Liability insurance provides you with a defense in court up to the limits shown on your policy. This coverage is very inexpensive compared to insuring for physical damage coverage, so do not cut corners here.
  • Discounts for multiple policies – Most insurers will award you with lower prices to policyholders who have multiple policies with them such as combining an auto and homeowners policy. Discounts can be five, ten or even twenty percent. Even though this discount sounds good, you still need to compare rates to make sure you are getting the best deal.
  • Your age impacts your rates – Older insureds are more responsible, tend to file fewer claims and receive fewer citations. Teenage drivers have a tendency to be careless and easily distracted when behind the wheel therefore auto insurance rates are much higher.
  • Allowing your policy to lapse raises rates – Driving your car without having proper coverage can get your license suspended and as a result your rates will increase for letting your insurance lapse. Not only will you pay more, but being ticketed for driving with no insurance may earn you a steep fine or even jail time.

Verify you’re getting all your discounts

Companies don’t always advertise every available discount in an easy-to-find place, so we break down both well-publicized and the more hidden car insurance savings.

  • Anti-theft Discount – Vehicles with anti-theft systems can help prevent theft and qualify for as much as a 10% discount.
  • Payment Method – If paying your policy premium upfront instead of monthly or quarterly installments you could save 5% or more.
  • Federal Government Employee – Employees or retirees of the government could cut as much as 10% off for F-150 coverage with certain companies.
  • Anti-lock Brake System – Vehicles with anti-lock braking systems can avoid accidents and will save you 10% or more.
  • Passive Restraints – Factory air bags or automatic seat belts can qualify for discounts of more than 20%.

Consumers should know that most credits do not apply the the whole policy. Most cut individual premiums such as medical payments or collision. So when it seems like all those discounts means the company will pay you, you won’t be that lucky.

For a list of insurance companies offering car insurance discounts, click here.

When should I talk to an agent?

When choosing coverage, there really is not a single plan that fits everyone. Your needs are not the same as everyone else’s.

For instance, these questions may help you determine whether your personal situation would benefit from professional advice.

  • Which companies will insure high-risk drivers?
  • Can I get a multi-policy discount?
  • Do all my vehicles need collision coverage?
  • When should I remove comp and collision on my 2006 Ford F-150?
  • Will my rates increase for filing one claim?
  • Am I covered if I drive in a foreign country?
  • Who is covered by my policy?
  • What should my uninsured motorist coverage limits be in my state?
  • Am I covered when using my vehicle for business?

If you’re not sure about those questions but you know they apply to you then you might want to talk to an insurance agent. To find lower rates from a local agent, take a second and complete this form.

Auto insurance 101

Understanding the coverages of your policy can help you determine appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be ambiguous and coverage can change by endorsement.

Medical costs insurance

Medical payments and Personal Injury Protection insurance reimburse you for expenses such as prosthetic devices, funeral costs, X-ray expenses and hospital visits. They are often used to fill the gap from your health insurance program or if you do not have health coverage. It covers both the driver and occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

UM/UIM Coverage

Your UM/UIM coverage provides protection when the “other guys” are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants and damage to your Ford F-150.

Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family.

Comprehensive or Other Than Collision

This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like theft, a broken windshield, hail damage, damage from getting keyed and fire damage. The most you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Liability insurance

This provides protection from damage or injury you incur to other people or property in an accident. This insurance protects YOU against claims from other people. It does not cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 25/50/25 that means you have $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability can pay for claims like bail bonds, legal defense fees and medical expenses. How much coverage you buy is up to you, but consider buying as much as you can afford.

Auto collision coverage

This coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things such as hitting a mailbox, driving through your garage door, scraping a guard rail, hitting a parking meter and colliding with another moving vehicle. This coverage can be expensive, so consider dropping it from lower value vehicles. Drivers also have the option to raise the deductible to bring the cost down.

Don’t be a big spender

Lower-priced 2006 Ford F-150 insurance is attainable online in addition to many insurance agents, and you need to price shop both in order to have the best chance of saving money. Some insurance companies do not provide online quoting and most of the time these small, regional companies sell through independent agents.

In this article, we covered some good ideas how to save on insurance. It’s most important to understand that the more companies you get rates for, the higher the chance of saving money. You may even discover the lowest premiums are with a company that doesn’t do a lot of advertising.

Consumers leave their current company for a variety of reasons including policy cancellation, high rates after DUI convictions, poor customer service and being labeled a high risk driver. No matter why you want to switch, finding a great new company can be pretty painless.

More detailed auto insurance information is located in the articles below: