Lower Your 1998 Ford F-150 Insurance Cost

Expensive insurance coverage can dwindle your savings account and make it hard to pay other bills. Doing a price comparison is a great way to reduce premiums and put more money in your pocket.

Drivers have so many insurers to insure vehicles with, and although it’s nice to have a selection, it makes it harder to compare company pricing.

Buying car insurance is not rocket science. If you currently have a car insurance policy, you will most likely be able to save some money using these tips. Although consumers benefit from understanding the methods companies use to sell online because it can help you find the best coverage.

Quick Insurance Quotes

To find the best insurance prices, there are several ways to compare rate quotes from local insurance companies. The best way to find the cheapest 1998 Ford F-150 insurance rates involves getting comparison quotes online. It is quite easy and can be accomplished in several different ways.

  1. One of the simplest ways to find low rates is a comparison rater form click here to open form in new window. This form keeps you from doing separate quotation requests for each company you want a rate for. In just a few minutes this one form gets you price quotes from several companies.
  2. A less efficient way to shop for insurance online consists of going to the website for every company you want to comare and request a quote. For examples sake, we’ll assume you want rates from Progressive, 21st Century and State Farm. To get each rate you have to take the time to go to each site to input your insurance information, which is why most consumers use the first method.

    For a list of links to insurance companies in your area, click here.

Whichever way you use, compare apples-to-apples coverage information on every quote. If each company quotes mixed coverages it will be next to impossible to truly determine the lowest rate. Just a small difference in limits can result in a big premium difference. Just keep in mind that having more price comparisons gives you a better chance of getting the best price.

Ford F-150 insurance rates have many determining factors

Smart consumers have a good feel for some of the elements that go into determining insurance coverage rates. When you know what positively or negatively influences your rates enables informed choices that can help you get better insurance coverage rates.

Listed below are a partial list of the pieces insurance coverage companies consider when setting your rates.

  • Policy add-ons can waste money – There are many add-on coverages you can purchase when buying insurance coverage. Coverages for vanishing deductibles, better glass coverage and additional equipment coverage may be costing you every month. These may sound like a good investment when you first buy your policy, but now you might not need them so eliminate them to save money.
  • Cautious drivers pay less – A bad driving record has a big impact on rates. Even one citation can increase rates twenty percent or more. Good drivers receive lower rates than bad drivers. If you have serious violations like DWI, reckless driving or hit and run convictions may find they need to submit a SR-22 or proof of financial responsibility with their state DMV in order to continue driving.
  • Do men or women drive better? – Statistics demonstrate that men are more aggressive behind the wheel. However, don’t assume that men are worse drivers. They both have accidents in similar percentages, but the men cause more damage and cost insurance companies more money. Men also statistically have more aggressive citations such as DWI and reckless driving.
  • Lower rates with optional equipment – Driving a car that has an advanced theft prevention system can get you a discount on your insurance coverage. Theft prevention features such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all hinder your car from being stolen.
  • Discounts for married couples – Being married can get you a discount on insurance coverage. It usually means you are more responsible and it’s proven that married drivers get in fewer accidents.
  • Mature drivers pay less – More mature drivers are more cautious drivers, file fewer claims and tend to be better behind the wheel. Young drivers have a tendency to be careless and easily distracted when driving and because of this, their insurance coverage rates are much higher.
  • Don’t cancel a policy without a new one in place – Allowing your coverage to lapse will be a quick way to increase your insurance coverage rates. Not only will rates go up, but not being able to provide proof of insurance will get you a revoked license or a big fine.Then you may be required to submit proof of financial responsibility or a SR-22 with your state motor vehicle department.
  • How many coverages with the same company – Many insurance companies will award you with lower prices to customers who have multiple policies with them, otherwise known as a multi-policy discount. Even with this discount, it’s in your best interest to shop around to make sure you are getting the best deal. You may still find a better deal by splitting coverages up.

Don’t miss these discounts

Companies do not list all their discounts in a way that’s easy to find, so we took the time to find some of the best known and the more hidden insurance savings.

  • More Vehicles More Savings – Buying coverage for multiple cars or trucks with the same company qualifies for this discount.
  • Payment Discounts – If you pay your entire premium ahead of time instead of monthly or quarterly installments you could save up to 5%.
  • Own a Home – Simply owning a home may trigger a insurance policy discount because owning a home demonstrates responsibility.
  • Drivers Ed for Students – Make teen driver coverage more affordable by requiring them to take driver’s ed class in school.
  • No Charge for an Accident – Certain companies will allow you to have one accident before hitting you with a surcharge if you are claim-free prior to the accident.
  • Discounts for Safe Drivers – Insureds without accidents may receive a discount up to 45% less on F-150 coverage than their less cautious counterparts.

A little note about advertised discounts, most discounts do not apply to your bottom line cost. Most cut the cost of specific coverages such as comp or med pay. So despite the fact that it appears all the discounts add up to a free policy, companies don’t profit that way.

For a list of providers with the best insurance discounts, click here to view.

When might I need help?

When it comes to buying coverage for your vehicles, there really is not a cookie cutter policy. Your needs are not the same as everyone else’s so this has to be addressed. These are some specific questions could help you determine if you may require specific advice.

  • Is my cargo covered for damage or theft?
  • Why am I required to buy high-risk coverage?
  • Does my policy cover my teen driver if they drive my company car?
  • Am I covered if I drive in a foreign country?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Does my liability insurance cover pulling a trailer or camper?
  • Does medical payments coverage apply to all occupants?

If you don’t know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, fill out this quick form or go to this page to view a list of companies.

What car insurance coverages do you need?

Learning about specific coverages of a car insurance policy can be of help when determining the right coverages and proper limits and deductibles. Car insurance terms can be impossible to understand and nobody wants to actually read their policy. Below you’ll find the usual coverages found on most car insurance policies.

Collision – Collision coverage covers damage to your F-150 resulting from a collision with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims such as sideswiping another vehicle, sustaining damage from a pot hole and scraping a guard rail. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. Another option is to raise the deductible in order to get cheaper collision rates.

Medical expense coverage – Coverage for medical payments and/or PIP reimburse you for bills such as doctor visits, chiropractic care, prosthetic devices and pain medications. They can be used to cover expenses not covered by your health insurance plan or if you do not have health coverage. It covers not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is only offered in select states and may carry a deductible

Uninsured or underinsured coverage – Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they do not carry enough liability coverage. This coverage pays for injuries to you and your family as well as damage to your Ford F-150.

Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Comprehensive protection – This coverage covers 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 insurance covers claims such as hitting a deer, fire damage, hitting a bird, a broken windshield and hail damage. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Auto liability – This coverage provides protection from damage that occurs to a person or their property in an accident. This coverage protects you against other people’s claims. Liability doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 100/300/100 which means a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery.

Liability coverage pays for things like structural damage, loss of income, court costs, attorney fees and legal defense fees. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Better coverage you can count on

We just covered many tips how you can lower your 1998 Ford F-150 insurance rates. The most important thing to understand is the more rate quotes you have, the more likely it is that you will get a better rate. Consumers could even find that the lowest premiums are with some of the lesser-known companies. These companies often have lower prices on specific markets than the large multi-state companies such as GEICO and State Farm.

The cheapest insurance can be found from both online companies and with local insurance agents, so you should be comparing quotes from both to get a complete price analysis. Some auto insurance companies do not offer online price quotes and most of the time these small insurance companies sell through independent agents.

Much more information about auto insurance can be read at these links: