Do you want a faster way to compare more competitive Ford F-150 insurance in Baltimore? Are you sick and tired of scraping nickels together to pay high auto insurance rates every month? You are no different than millions of other consumers.
Shockingly, the vast majority of auto insurance customers in Maryland have purchased from the same company for a minimum of four years, and nearly 40% of drivers have never even compared rates from other companies. American consumers can cut their rates by as much as $850 a year by just comparing quotes, but they won’t spend time to compare rates.
Steps to saving on Ford F-150 insurance in Baltimore
The easiest way to get discount auto insurance rates is to regularly compare quotes from insurance carriers who provide auto insurance in Baltimore.
- Try to learn about auto insurance and the things you can change to lower rates. Many rating criteria that cause rate increases like traffic citations, accidents, and a low credit rating can be controlled by making minor changes to your lifestyle.
- Quote rates from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only provide price estimates from one company like GEICO and Allstate, while agents who are independent can quote rates for many different companies. View insurance agents
- Compare the new rate quotes to the premium of your current policy and determine if cheaper F-150 coverage is available in Baltimore. If you can save some money and buy the policy, make sure coverage does not lapse between policies.
- Provide written notification to your current company to cancel your current car insurance policy and submit the required down payment along with the signed application for the new policy. Once received, safely store the proof of insurance certificate with your registration paperwork.
An important bit of advice to remember is that you use similar deductibles and liability limits on each quote and and to get price estimates from all possible companies. This guarantees an accurate price comparison and a better comparison of the market.
Many insurance companies vie to insure your vehicles, and it can be difficult to compare rates and uncover the absolute cheapest price on Ford F-150 insurance in Baltimore.
If you have insurance now, you will surely be able to get lower rates using the following tips. Choosing the best rates in Baltimore is not rocket science. Nevertheless, Maryland drivers must learn the methods companies use to determine what you pay and use it to find better rates.
Auto insurance data for a Ford F-150
The premium information shown next highlights estimates of insurance coverage prices for Ford F-150 models. Learning as much as possible about how auto insurance premiums are formulated is important for drivers to make informed purchases.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|F-150 XL Regular Cab 2WD||$234||$338||$382||$22||$114||$1,090||$91|
|F-150 STX Regular Cab 2WD||$234||$430||$382||$22||$114||$1,182||$99|
|F-150 XL Super Cab 2WD||$234||$430||$382||$22||$114||$1,182||$99|
|F-150 XLT Regular Cab 2WD||$234||$430||$382||$22||$114||$1,182||$99|
|F-150 STX Super Cab 2WD||$234||$430||$382||$22||$114||$1,182||$99|
|F-150 XL Crew Cab 2WD||$270||$430||$382||$22||$114||$1,218||$102|
|F-150 XLT Super Cab 2WD||$270||$430||$382||$22||$114||$1,218||$102|
|F-150 STX Regular Cab 4WD||$270||$430||$382||$22||$114||$1,218||$102|
|F-150 XL Regular Cab 4WD||$270||$430||$382||$22||$114||$1,218||$102|
|F-150 FX2 Super Cab 2WD||$270||$430||$382||$22||$114||$1,218||$102|
|F-150 XLT Crew Cab 2WD||$270||$430||$382||$22||$114||$1,218||$102|
|F-150 XL Super Cab 4WD||$270||$430||$382||$22||$114||$1,218||$102|
|F-150 XLT Regular Cab 4WD||$270||$430||$382||$22||$114||$1,218||$102|
|F-150 XL Crew Cab 4WD||$304||$430||$382||$22||$114||$1,252||$104|
|F-150 STX Super Cab 4WD||$304||$430||$382||$22||$114||$1,252||$104|
|F-150 XLT Super Cab 4WD||$304||$430||$382||$22||$114||$1,252||$104|
|F-150 FX2 2WD||$304||$524||$382||$22||$114||$1,346||$112|
|F-150 Lariat Super Cab 2WD||$304||$524||$382||$22||$114||$1,346||$112|
|F-150 Lariat Crew Cab 2WD||$304||$524||$382||$22||$114||$1,346||$112|
|F-150 FX4 Super Cab 4WD||$304||$524||$382||$22||$114||$1,346||$112|
|F-150 XLT Crew Cab 4WD||$304||$524||$382||$22||$114||$1,346||$112|
|F-150 FX4 4WD||$304||$524||$382||$22||$114||$1,346||$112|
|F-150 Lariat Crew Cab 4WD||$304||$524||$382||$22||$114||$1,346||$112|
|F-150 SVT Raptor Super Cab 4WD||$304||$524||$382||$22||$114||$1,346||$112|
|F-150 Lariat Super Cab 4WD||$304||$524||$382||$22||$114||$1,346||$112|
|F-150 Lariat Crew Cab Platinum 2WD||$304||$618||$382||$22||$114||$1,440||$120|
|F-150 Lariat Crew Cab Harley 2WD||$304||$618||$382||$22||$114||$1,440||$120|
|F-150 Lariat King Ranch 2WD||$304||$618||$382||$22||$114||$1,440||$120|
|F-150 Lariat King Ranch 4WD||$338||$618||$382||$22||$114||$1,474||$123|
|F-150 Lariat Crew Cab Harley 4WD||$338||$618||$382||$22||$114||$1,474||$123|
|F-150 Lariat Crew Cab Platinum 4WD||$338||$618||$382||$22||$114||$1,474||$123|
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Data variables include married female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Maryland minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, safe-driver, and homeowner. Rates do not factor in vehicle garaging location which can raise or lower coverage prices greatly.
Should you buy full coverage?
The example below illustrates the comparison of Ford F-150 car insurance rates with and without full coverage. The information is based on no accidents or driving violations, $1,000 deductibles, marital status is single, and no discounts are factored in.
When to stop paying for full coverage
There is no definitive rule for dropping comprehensive and collision coverage on your policy, but there is a general guideline. If the annual cost of coverage is more than 10% of any settlement you would receive from your insurance company, the it may be a good time to stop paying for full coverage.
For example, let’s assume your Ford F-150 replacement cost is $8,000 and you have $1,000 policy deductibles. If your vehicle is totaled, the most you would receive is $7,000 after paying your policy deductible. If you are currently paying more than $700 a year for comprehensive and collision coverage, then it’s probably a good time to buy liability coverage only.
There are some conditions where only buying liability is not a good plan. If you still have a loan on your vehicle, you have to carry full coverage as part of the loan conditions. Also, if your emergency fund is not enough to purchase a different vehicle in the event your current vehicle is totaled, you should not buy liability only.
Ford F-150 Insurance Costs Can Be Cheaper
Many things are part of the calculation when you get a price on insurance. Most are fairly basic such as traffic violations, although others are more transparent such as your credit history or your commute time. A large part of saving on car insurance is knowing some of the elements that come into play when calculating car insurance rates. When consumers understand what determines base rates, this enables you to make decisions that can earn you cheaper rates.
Little extras can really add up – There are a lot of extra add-on coverages that you can buy if you don’t pay attention. Insurance for things like rental car coverage, towing coverage, and extra equipment coverage may be wasting your money. They may seem like a good idea at first, but your needs may have changed so consider taking them off your policy.
Deter theft and pay less – Choosing to buy a car with a theft deterrent system can help lower your rates. Anti-theft features like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems can help prevent car theft and help bring rates down.
Being married can lower costs – Having a significant other may earn you lower rates when buying car insurance. Marriage usually means you are more mature than a single person and it’s statistically proven that married drivers get in fewer accidents.
Tickets hurt – Good drivers pay less for auto insurance as compared to those with violations. Only having one citation can boost insurance rates by as much as twenty percent. Drivers who have multiple violations like hit and run, DWI or reckless driving convictions might be required by their state to complete a SR-22 to the state department of motor vehicles in order to continue driving.
The illustration below shows how speeding tickets and fender-benders can increase Ford F-150 car insurance costs for different insured age categories. The premiums assume a married male driver, comp and collision included, $500 deductibles, and no policy discounts are applied.
Where you live factors in – Having an address in a small town can save you money when trying to find low car insurance rates. People in densely populated areas have to deal with traffic congestion and much longer commute distances. Less people living in that area means less chance of accidents in addition to fewer liability claims.
Lower premiums for cars with good safety ratings – Vehicles with good safety scores tend to be cheaper to insure. These vehicles have better occupant injury protection and lower injury rates translates into fewer and smaller insurance claims and lower rates for you. If the Ford F-150 scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website it may be receiving lower rates.
Multiple policies with one company can save – Most major companies provide discounts for people who consolidate policies with them. It’s known as a multi-policy discount. Even though this discount sounds good, it’s still a good idea to compare other company rates to help guarantee you have the best rates.There is a good possibility that you can find lower rates by buying from different companies
Insurance losses for a Ford F-150 – Insurers include the past claim trends for vehicles to determine a rate that will be profitable for them. Vehicles that statistically have higher frequency or amount of claims will have higher rates for specific coverages. The information below illustrates the compiled insurance loss statistics for Ford F-150 vehicles.
For each coverage type, the statistical loss for all vehicles, regardless of make, model or trim level, is represented as 100. Numbers that are below 100 imply a favorable loss record, while numbers above 100 indicate more frequent claims or an increased chance of a larger loss.
|Vehicle Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Ford F-150 SuperCab 4WD||67||110||39|
|Ford F-150 SuperCrew 2WD||42||93||72|
|Ford F-150 SuperCrew 4WD||75||76||101||56||57||76|
Empty fields indicate not enough data collected
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Find affordable rates by being thorough
We just covered many tips how you can lower your Ford F-150 insurance premium rates in Baltimore. The key concept to understand is the more rate quotes you have, the better your comparison will be. You may even discover the lowest priced car insurance comes from the least-expected company. These companies may only write in your state and offer lower prices than the large multi-state companies such as Allstate, GEICO and Progressive.
Lower-priced Ford F-150 insurance in Baltimore can be sourced online as well as from independent agents in Baltimore, so you should be comparing quotes from both to have the best selection. Some car insurance companies may not have online price quotes and many times these small insurance companies work with local independent agents.
How to quote cheaper Ford F-150 insurance in Baltimore
The recommended way to get more affordable Ford F-150 insurance is to make a habit of comparing prices annually from insurers in Baltimore. Rates can be compared by following these steps.
Step 1: Take a little time to learn about what coverages are included in your policy and the steps you can take to lower rates. Many policy risk factors that cause high rates like getting speeding tickets and a low credit score can be improved by making small lifestyle or driving habit changes.
Step 2: Quote rates from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can only quote rates from a single company like GEICO and State Farm, while independent agents can quote rates from many different companies.
Step 3: Compare the price quotes to your current policy and determine if cheaper F-150 coverage is available. If you find a lower rate and decide to switch, ensure coverage does not lapse between policies.
Step 4: Tell your current agent or company to cancel your current car insurance policy. Submit the completed application along with a down payment for the new coverage. Once the application is submitted, keep your new certificate verifying coverage somewhere easily accessible.
One important bit of advice is to compare identical coverage information on each quote request and and to get rate quotes from every company you can. This ensures a level playing field and and a good selection of different prices.
Other learning opportunities
- Steps to Take After an Auto Accident (Insurance Information Institute)
- Who Has the Cheapest Baltimore Auto Insurance Quotes for a Toyota Tacoma? (FAQ)
- Who Has Affordable Baltimore Auto Insurance for a Nissan Rogue? (FAQ)
- How Much are Baltimore Auto Insurance Rates for Drivers Under 25? (FAQ)
- Who Has Cheap Auto Insurance for a Dodge Ram in Baltimore? (FAQ)
- What Insurance is Cheapest for a Jeep Wrangler in Baltimore? (FAQ)
- What is Covered by an Auto Insurance Policy? (Insurance Information Institute)
- Side airbags reduce rollover fatalities (Insurance Institute for Highway Safety)
- No-Fault Auto Insurance Statistics (Insurance Information Institute)
- A Tree Fell on Your Car: Now What? (Allstate)