Finding competitive insurance for a Ford F-150 is dependent upon a lot of different factors such as how you use your vehicle, whether or not you have prior claims, and citations or violations on your driving record. Drivers will pay on average $660 a year for F-150 insurance, but that cost is a projection based upon a 40-year-old married female driver with full comprehensive and collision coverage and $500 deductibles.
The issue with using an average estimated rate is the likelihood you may not be 40 years old (or even female), maybe you are single instead of married, or maybe you rent instead of own your home. Just a minor difference in rating criteria can result in a large change in how much insurance for a Ford F-150 costs.
Every driver’s needs are different, and that is why the best way to find cheap auto insurance rates for your Ford is to put in the effort to do a thorough rate comparison. It’s really quite easy you will receive price comparisons from some of the best companies around.
The specific model of F-150 impacts the cost of coverage, so the price you pay to insure a F-150 XL Regular Cab 2WD trim level will be $174 less expensive the price to insure the higher-end F-150 Lariat Crew Cab Platinum 4WD version, as shown in the prices below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|F-150 XL Regular Cab 2WD||$108||$152||$242||$14||$72||$588||$49|
|F-150 STX Regular Cab 2WD||$108||$194||$242||$14||$72||$630||$53|
|F-150 XL Super Cab 2WD||$108||$194||$242||$14||$72||$630||$53|
|F-150 XLT Regular Cab 2WD||$108||$194||$242||$14||$72||$630||$53|
|F-150 STX Super Cab 2WD||$108||$194||$242||$14||$72||$630||$53|
|F-150 XL Crew Cab 2WD||$124||$194||$242||$14||$72||$646||$54|
|F-150 XLT Super Cab 2WD||$124||$194||$242||$14||$72||$646||$54|
|F-150 STX Regular Cab 4WD||$124||$194||$242||$14||$72||$646||$54|
|F-150 XL Regular Cab 4WD||$124||$194||$242||$14||$72||$646||$54|
|F-150 FX2 Super Cab 2WD||$124||$194||$242||$14||$72||$646||$54|
|F-150 XLT Crew Cab 2WD||$124||$194||$242||$14||$72||$646||$54|
|F-150 XL Super Cab 4WD||$124||$194||$242||$14||$72||$646||$54|
|F-150 XLT Regular Cab 4WD||$124||$194||$242||$14||$72||$646||$54|
|F-150 XL Crew Cab 4WD||$140||$194||$242||$14||$72||$662||$55|
|F-150 STX Super Cab 4WD||$140||$194||$242||$14||$72||$662||$55|
|F-150 XLT Super Cab 4WD||$140||$194||$242||$14||$72||$662||$55|
|F-150 FX2 2WD||$140||$236||$242||$14||$72||$704||$59|
|F-150 Lariat Super Cab 2WD||$140||$236||$242||$14||$72||$704||$59|
|F-150 Lariat Crew Cab 2WD||$140||$236||$242||$14||$72||$704||$59|
|F-150 FX4 Super Cab 4WD||$140||$236||$242||$14||$72||$704||$59|
|F-150 XLT Crew Cab 4WD||$140||$236||$242||$14||$72||$704||$59|
|F-150 FX4 4WD||$140||$236||$242||$14||$72||$704||$59|
|F-150 Lariat Crew Cab 4WD||$140||$236||$242||$14||$72||$704||$59|
|F-150 SVT Raptor Super Cab 4WD||$140||$236||$242||$14||$72||$704||$59|
|F-150 Lariat Super Cab 4WD||$140||$236||$242||$14||$72||$704||$59|
|F-150 Lariat Crew Cab Platinum 2WD||$140||$278||$242||$14||$72||$746||$62|
|F-150 Lariat Crew Cab Harley 2WD||$140||$278||$242||$14||$72||$746||$62|
|F-150 Lariat King Ranch 2WD||$140||$278||$242||$14||$72||$746||$62|
|F-150 Lariat King Ranch 4WD||$156||$278||$242||$14||$72||$762||$64|
|F-150 Lariat Crew Cab Harley 4WD||$156||$278||$242||$14||$72||$762||$64|
|F-150 Lariat Crew Cab Platinum 4WD||$156||$278||$242||$14||$72||$762||$64|
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Data assumes married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Wisconsin minimum liability limits. Discounts applied include claim-free, multi-vehicle, multi-policy, safe-driver, and homeowner. Estimates do not factor in Madison location which can impact auto insurance rates noticeably.
Determining which companies have the cheapest insurance rates for a Ford F-150 calls for a bit more effort than just comparing rates from one or two companies. Each insurance company uses different criteria for determining rates in each state, so let’s take a look at the overall cheapest insurance companies in Wisconsin.
It’s a good idea to be aware that Madison, WI insurance rates are determined by lots of factors which can substantially change the price you pay for coverage. Simply having another birthday, filing a claim, or having an accident may prompt premium changes that can make some companies cheaper than competitors.
Find the Best Cheap Insurance for your F-150
|Rank||Company||Cost Per Year|
|5||Rural Mutual Insurance||$749|
|11||West Bend Mutual||$890|
|14||Auto Club Group||$948|
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USAA normally has some of the best car insurance rates in Madison at around $604 each year. This is $557 less than the average price paid by Wisconsin drivers of $1,161. Partners Mutual, Erie, Nationwide, and Rural Mutual Insurance also are some of the most economical Madison, WI auto insurance companies.
In the above example, if you are a policyholder with Nationwide and switched to USAA, you could see a yearly price reduction of in the neighborhood of $141. Wisconsin drivers with Rural Mutual Insurance could save as much as $145 a year, and Rockford Mutual policyholders might realize rate reductions of up to $150 a year.
To find out how your current rates compare, click here to start a quote or click through to the companies below.
It’s important to note that these prices are averaged for all insureds and vehicles and do not factor in an exact zip code location for a Ford F-150. So the insurer that fits your situation best may not even be in the top 30 companies shown above. That points out the importance of why you need to quote rates from as many companies as possible using your own personalized driver profile and vehicle information.
The chart below highlights how deductible selection can influence insurance premiums when getting quotes for cheap insurance for a Ford F-150. Data assumes a single female driver, full coverage, and no discounts are applied.
The chart above illustrates that a 50-year-old driver could lower their policy premium by $226 a year by switching their comprehensive and collision coverages from a $100 deductible up to a $500 deductible, or save $342 by using a $1,000 deductible. Young drivers, like the 20-year-old category, can save as much as $570 annually just by choosing higher deductibles when buying full coverage.
If you do raise deductibles, it is important to have additional funds in a savings account to enable you to cover the extra out-of-pocket expense. That is the one disadvantage of using higher deductibles.
Why you should be shopping around
Madison, WI insurance rates are impacted by many things which can substantially decrease or increase the price of coverage. Improving your credit rating, getting married, or getting a ticket for careless driving may cause policy rate changes that can now make some companies more affordable than others. And not only may your rating factors change, but insurance companies change rates without warning in order to be able to pay unexpected claims. Heavier than normal losses can result in a rate increase, while better underwriting may produce lower-cost F-150 insurance rates.
The data below compares the cheapest car insurance in Madison, WI for a 35-year-old male driver with a good driving record, no prior claims, and excellent credit. When quoting prices based on his current situation, USAA may have the best car insurance rates in Madison at $646 a year. This is $515 less than the average premium paid by Wisconsin drivers of $1,161. Partners Mutual, Erie, Rockford Mutual, and Rural Mutual Insurance are also included in the most affordable Madison, WI auto insurance companies.
The example below compares rates after we give the driver from the first rate comparison a couple of claims, bad credit, and a blemish on his driving record. Since each insurance company has a proprietary method for establishing rates, comparing quotes may result in a significantly different list of the cheapest car insurance companies in Madison as shown below.
Nationwide now has the lowest price on auto insurance in Madison with Pekin Insurance, Western National, Travelers, and Partners Mutual now rounding out the top five. This example illustrates why it is important to shop around with many companies to get the cheapest auto insurance rates for a Ford F-150. Rates are impacted by many different factors and can decrease or increase without notice, so the cheapest rate when you bought your policy may now be quite expensive.
Tips to find the cheapest car insurance for a Ford F-150
It’s not impossible to find cheaper rates, and here are a few money-saving solutions that can help Wisconsin drivers find cheap car insurance.
- Serious violations like DUI or reckless driving can increase rates dramatically
- Discounts for being claim-free can be substantial
- Avoid accidents
- Home or renters coverage can save on auto insurance
- Buy safe vehicles
- Shop around for cheaper rates regularly
That last piece of advice is extremely crucial, as we stressed in the article above. Coverage prices in Madison can change considerably based on profitability, so drivers shouldn’t be reluctant to switch to a new company if a lower price can be found.
Sticking with a specific company is fine, but it’s not recommended if that faithfulness ends up costing you hundreds every year. In less than five minutes you could compare rates and find cheaper auto insurance for a Ford F-150.
If you prefer to get help from a professional when shopping around for cheaper insurance for a Ford F-150, the agencies below are a good start to aid you in deciding which auto insurance coverages would be the best in your situation.
To find an auto insurance agency by location nearest to you, click the button at the bottom or click here to compare price quotes.
Neckerman Insurance Services
6200 Mineral Point Rd – Madison, WI 53705 – (608) 238-2686
Farmers Insurance – David Gervasi
7818 Big Sky Dr #119 – Madison, WI 53719 – (608) 827-6994
R and S Insurance
1520 Vernon St – Madison, WI 53703 – (608) 251-0022