Would you like to find more affordable Ford F-150 insurance in Philadelphia? If shopping for Philadelphia car insurance quotes online is new to you, chances are good that you are baffled by the diversity insurance agents and companies that all promise to save you money.
Remarkably, a study showed that nearly 70% of consumers kept buying from the same company for more than four years, and nearly 40% of drivers have never compared quotes from other companies. With the average car insurance premium being $1,363, Pennsylvania drivers can save $700 each year just by comparing rates, but they just assume it’s a time-consuming process to compare rates.
Informed Consumers Can Cut Their Insurance Premiums
The best way to find cheaper car insurance is to take a look at the different types of things that aid in calculating your car insurance rates. If you have some idea of what impacts premium levels, this allows you to make educated decisions that could help you find lower car insurance prices.
Employer and insurance rates – Did you know your career choice can influence rates? Careers such as military personnel, air traffic controllers, and accountants are shown to have the highest average rates in part from intense work requirements and lengthy work days. On the flip side, careers like actors, historians and performers get better rates.
Affects performance affects auto insurance rates – The performance of the car or truck you are buying insurance for makes a huge difference in your rates. The lowest rates are usually for the lowest performance passenger vehicles, but there are many factors that impact the final cost.
The following chart uses these assumptions: married male driver age 40, full coverage with $250 deductibles, and no discounts or violations. The data compares Ford F-150 policy rates compared to other models of vehicles that have a range of performances.
Good credit saves on car insurance – Having a good credit score is a large factor in determining your rates. So if your credit is lower than you’d like, you could save money insuring your Ford F-150 by improving your credit score. People that have high credit scores tend to be more responsible and file fewer claims as compared to drivers with bad credit.
Drive fewer miles and save – Driving more miles each year the more it will cost to insure it. Almost all companies calculate prices based upon how you use the vehicle. Vehicles left parked in the garage cost less to insure than those used for commuting. Verify your car insurance coverage properly reflects the proper vehicle usage, because it can save money. A policy that improperly rates your F-150 can result in significantly higher rates.
Rural vs Urban Areas – Living in smaller towns and rural areas of the country can be a good thing when insuring your vehicles. Less people living in that area means fewer accidents. Drivers who live in large Pennsylvania cities have more auto accidents and longer commutes to work. The longer drive time means more chance of being in an accident.
Men pay more for insurance – Statistics have proven women tend to be less risk to insure than men. That doesn’t necessarily mean that males are worse at driving than females. Both sexes are in auto accidents in similar percentages, but guys have accidents that have higher claims. Men also statistically get ticketed for serious violations such as reckless driving.
The chart below shows the difference between Ford F-150 insurance costs for male and female drivers. The rate quotes are based on no claims, a clean driving record, full physical damage coverage, $1,000 deductibles, drivers are not married, and no discounts are factored in.
Alarm systems save money – Choosing a vehicle with a theft deterrent system can help lower your premiums. Theft deterrent systems like OnStar, LoJack tracking, and tamper alarms all hinder auto theft.
Good drivers pay better premiums – Your driving record has a huge affect on how much you pay. Attentive drivers have lower premiums compared to drivers with tickets. Getting just one citation could increase your next policy renewal forty percent or more. Drivers who have received multiple violations like DWI, reckless driving or hit and run convictions may need to prove financial responsibility with their state’s department of motor vehicles in order to drive a vehicle legally.
The information below illustrates how speeding tickets and at-fault accidents raise Ford F-150 insurance premiums for each different age category. The premiums assume a single female driver, full physical damage coverage, $100 deductibles, and no discounts are taken into consideration.
Ford F-150 claim statistics – Auto insurance companies use past insurance losses to help determine costs. Models that statistically have a higher amount or frequency of claims will have a higher premium rate. The table below outlines the insurance loss data for Ford F-150 vehicles.
For each insurance policy coverage type, the statistical loss for all vehicles averaged together is represented as 100. Numbers below 100 represent a good loss history, while percentage values above 100 point to more frequent losses or larger claims.
|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
Compare Philadelphia Ford F-150 insurance price quotes online
Most larger insurance companies give prices for coverage on their websites. This process is very simple as you simply type in your coverage preferences as detailed in the form. When complete, the system obtains your driving record and credit report and provides a quote determined by many factors.
This helps simplify price comparisons, and it’s very important to compare as many rates as possible in order to get lower-cost prices.
To find out how much you can save on car insurance, consider comparing rates from the companies shown below. To compare your current rates, we recommend you duplicate coverages and limits exactly as they are listed on your policy. This helps ensure you will have comparison quotes for the exact same coverage.
The companies in the list below offer free quotes in Philadelphia, PA. If more than one company is shown, it’s a good idea that you compare several of them to get the best price comparison.
Auto insurance analysis for a Ford F-150
The data table displayed below showcases different policy rates for Ford F-150 models. Having a good understanding how rates are established can benefit drivers when making decisions on which coverage to buy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|F-150 XL Regular Cab 2WD||$154||$218||$346||$20||$104||$842||$70|
|F-150 STX Regular Cab 2WD||$154||$278||$346||$20||$104||$902||$75|
|F-150 XL Super Cab 2WD||$154||$278||$346||$20||$104||$902||$75|
|F-150 XLT Regular Cab 2WD||$154||$278||$346||$20||$104||$902||$75|
|F-150 STX Super Cab 2WD||$154||$278||$346||$20||$104||$902||$75|
|F-150 XL Crew Cab 2WD||$178||$278||$346||$20||$104||$926||$77|
|F-150 XLT Super Cab 2WD||$178||$278||$346||$20||$104||$926||$77|
|F-150 STX Regular Cab 4WD||$178||$278||$346||$20||$104||$926||$77|
|F-150 XL Regular Cab 4WD||$178||$278||$346||$20||$104||$926||$77|
|F-150 FX2 Super Cab 2WD||$178||$278||$346||$20||$104||$926||$77|
|F-150 XLT Crew Cab 2WD||$178||$278||$346||$20||$104||$926||$77|
|F-150 XL Super Cab 4WD||$178||$278||$346||$20||$104||$926||$77|
|F-150 XLT Regular Cab 4WD||$178||$278||$346||$20||$104||$926||$77|
|F-150 XL Crew Cab 4WD||$200||$278||$346||$20||$104||$948||$79|
|F-150 STX Super Cab 4WD||$200||$278||$346||$20||$104||$948||$79|
|F-150 XLT Super Cab 4WD||$200||$278||$346||$20||$104||$948||$79|
|F-150 FX2 2WD||$200||$338||$346||$20||$104||$1,008||$84|
|F-150 Lariat Super Cab 2WD||$200||$338||$346||$20||$104||$1,008||$84|
|F-150 Lariat Crew Cab 2WD||$200||$338||$346||$20||$104||$1,008||$84|
|F-150 FX4 Super Cab 4WD||$200||$338||$346||$20||$104||$1,008||$84|
|F-150 XLT Crew Cab 4WD||$200||$338||$346||$20||$104||$1,008||$84|
|F-150 FX4 4WD||$200||$338||$346||$20||$104||$1,008||$84|
|F-150 Lariat Crew Cab 4WD||$200||$338||$346||$20||$104||$1,008||$84|
|F-150 SVT Raptor Super Cab 4WD||$200||$338||$346||$20||$104||$1,008||$84|
|F-150 Lariat Super Cab 4WD||$200||$338||$346||$20||$104||$1,008||$84|
|F-150 Lariat Crew Cab Platinum 2WD||$200||$400||$346||$20||$104||$1,070||$89|
|F-150 Lariat Crew Cab Harley 2WD||$200||$400||$346||$20||$104||$1,070||$89|
|F-150 Lariat King Ranch 2WD||$200||$400||$346||$20||$104||$1,070||$89|
|F-150 Lariat King Ranch 4WD||$224||$400||$346||$20||$104||$1,094||$91|
|F-150 Lariat Crew Cab Harley 4WD||$224||$400||$346||$20||$104||$1,094||$91|
|F-150 Lariat Crew Cab Platinum 4WD||$224||$400||$346||$20||$104||$1,094||$91|
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Table data represents married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Pennsylvania minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, claim-free, and multi-policy. Prices do not factor in specific location which can lower or raise insurance rates significantly.
The diagram below highlights how deductible selection and can affect Ford F-150 yearly insurance costs for different age groups of insureds. The premiums assume a single male driver, comp and collision included, and no other discounts are factored in.
Difference between liability only and full coverage rates
The diagram below shows the difference between Ford F-150 insurance costs with full physical damage coverage and with liability coverage only. The prices are based on no accidents or driving violations, $100 deductibles, drivers are single, and no discounts are applied.
Deciding between full coverage and liability only
There is no definitive rule of when to stop paying for comprehensive and collision coverage on your policy, but there is a general guideline. If the annual cost of having full coverage is 10% or more of the replacement cost minus the deductible, then you may need to consider dropping full coverage.
For example, let’s pretend your Ford F-150 replacement cost is $6,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled in an accident, the most your company would pay you is $5,000 after you pay the deductible. If you are currently paying more than $500 a year for full coverage, then it might be time to buy liability only.
There are some cases where only buying liability is not advised. If you haven’t paid off your loan, you have to carry full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you can’t afford to buy a different vehicle in the even your car is totaled, you should not drop full coverage.
Here’s why insurance is not optional
Even though it’s not necessarily cheap to insure a Ford in Philadelphia, insuring your vehicle is mandatory in Pennsylvania but it also protects more than you think.
First, almost all states have mandatory insurance requirements which means you are required to carry a minimum amount of liability in order to drive the car. In Pennsylvania these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
Second, if your F-150 has a loan, more than likely the lender will require that you have full coverage to guarantee loan repayment. If you do not pay your insurance premiums, the lender will be forced to insure your Ford at an extremely high rate and force you to pay for it.
Third, insurance safeguards both your assets and your vehicle. It also can pay for most medical and hospital costs incurred in an accident. Liability insurance, one of your policy coverages, will also pay for a defense attorney if you are named as a defendant in an auto accident. If your car is damaged in a storm or accident, comprehensive and collision coverage will pay to restore your vehicle to like-new condition.
The benefits of carrying enough insurance more than cancel out the cost, particularly when you have a large claim. Unknowingly, the average driver is wasting up to $855 a year so you should quote rates each time the policy renews to be sure current rates are still competitive.
Take advantage of these rate reducing discounts
Insuring your fleet can be pricey, but you can get discounts that can dramatically reduce your bill. Certain discounts will be triggered automatically at quote time, but a few need to be inquired about before they will apply.
- Good Student Discount – Maintaining excellent grades can get you a discount of up to 25%. The good student discount can last well after school through age 25.
- Drive Less and Save – Driving fewer miles could qualify for discounted premium rates on garaged vehicles.
- Accident Forgiveness Coverage – This isn’t a discount exactly, but certain companies will allow you to have one accident before hitting you with a surcharge if you have no claims for a specific time period.
- Onboard Data Collection – Drivers who elect to allow driving data submission to spy on driving manner by using a telematic data system like In-Drive from State Farm and Progressive’s Snapshot might get better premium rates if their driving habits are good.
- Discount for Life Insurance – Not every insurance company offers life insurance, but if they do you may earn a discount if you purchase auto and life insurance together.
- Military Discounts – Having an actively deployed family member could trigger a small discount.
- Braking Control Discount – Vehicles with anti-lock braking systems have fewer accidents and will save you 10% or more on F-150 insurance in Philadelphia.
- Home Ownership Discount – Being a homeowner may earn you a small savings because maintaining a house means you have a higher level of financial diligence.
- Multi-policy Discount – If you can bundle your home and auto insurance and place coverage with the same company you may earn up to 20% and get you affordable Ford F-150 insurance rates in Philadelphia.
Consumers should know that some of the credits will not apply to your bottom line cost. Most only cut the price of certain insurance coverages like liability, collision or medical payments. So even though you would think having all the discounts means you get insurance for free, it’s just not the way it works.
The chart below illustrates the difference between Ford F-150 insurance rates with and without some available policy discounts. The premiums assume a female driver, no claims or driving citations, Pennsylvania state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, safe-driver, marriage, multi-policy, claim-free, and homeowner discounts applied.
To see a list of insurers who offer auto insurance discounts in Philadelphia, follow this link.
When do I need to have guidance from an insurance agency?
A lot of people still prefer to talk to a local agent and doing so can bring peace of mind The biggest benefit of getting free rate quotes online is that you can find the best rates and also buy local. Supporting local insurance agencies is still important in Philadelphia.
Once you complete this quick form, your coverage information is instantly submitted to companies in Philadelphia who will gladly provide quotes to get your business. It makes it easy because there is no need to visit any agencies because prices are sent to the email address you provide. You can find the lowest rates without the usual hassles of price shopping. If you have a need to quote rates from one company in particular, just visit that company’s website and complete a quote there.
If you prefer to buy insurance from a good Philadelphia insurance agent, you need to know there are two types of agencies and how they differ in how they can insure your vehicles. Agencies in Philadelphia are classified as either exclusive or independent agents depending on their company appointments.
Independent Insurance Agents (or Brokers)
These agents are not locked into one company and that is an advantage because they can write policies with a variety of different insurance companies and possibly get better coverage at lower prices. If they find a lower price, the agent simply finds a different carrier and you don’t have to do anything.
When comparing rate quotes, you should always get rate quotes from several independent insurance agents to maximize your price options. They often place coverage with smaller regional carriers which can save you money.
Featured below are independent agents in Philadelphia that may be able to provide pricing information.
- Terra Insurance Services
1879 Cottman Ave – Philadelphia, PA 19111 – (215) 742-3743 – View Map
- Burg Insurance
2707 Kirkbride St – Philadelphia, PA 19137 – (215) 744-4100 – View Map
- National Insurance Agency
2414 Rhawn St – Philadelphia, PA 19152 – (215) 332-1100 – View Map
Exclusive Insurance Agencies
Agents of this type have only one company to place business with such as Farmers Insurance, State Farm, or Allstate. They generally cannot provide prices from multiple companies so always compare other rates. These agents are well trained on their company’s products and that can be a competitive advantage. A lot of people buy from the same agent for years primarily because of the prominence of the brand instead of buying on price only.
Shown below are exclusive agents in Philadelphia that are able to give rate quotes.
- Dennis Jackson – State Farm Insurance Agent
6200 Frankford Ave – Philadelphia, PA 19135 – (215) 289-5179 – View Map
- John Nicolucci – State Farm Insurance Agent
6001 Ridge Ave – Philadelphia, PA 19128 – (215) 482-7000 – View Map
- Ahida Garcia – State Farm Insurance Agent
716 Adams Ave Ste 8 – Philadelphia, PA 19124 – (215) 533-5550 – View Map
Choosing a car insurance agent should include more criteria than just the premium amount. Here are some questions you should ask.
- How often do they review policy coverages?
- Are there any discounts that you might be missing?
- Is there a local claims center in Philadelphia?
- Is the agency covered by Errors and Omissions coverage?
- How will an accident affect your rates?
Once you have received acceptable answers to all your questions and a good coverage price, it’s a good possibility that you have found a car insurance agent that can be trusted to service your policy. But keep in mind you can terminate your policy any time you want so don’t assume you are locked into any particular company for the full policy term.
How much insurance do I need?
Always remember that when buying adequate coverage for your personal vehicles, there really is not a best way to insure your cars. Every situation is different.
For instance, these questions can help discover if your situation would benefit from an agent’s advice.
- What are the financial responsibility laws in my state?
- Is my nanny covered when transporting my kids?
- Can I cancel at any time?
- Does insurance cover tools stolen from my truck?
- Does my policy cover my teen driver if they drive my company car?
- Where can I get insurance after a DUI in Pennsylvania?
- How do I insure my teen driver?
If you don’t know the answers to these questions then you might want to talk to an agent. To find lower rates from a local agent, take a second and complete this form.
Quote often and quote early
Drivers change insurance companies for any number of reasons including extreme rates for teen drivers, poor customer service, unfair underwriting practices and lack of trust in their agent. It doesn’t matter why you want to switch choosing a new insurance company can be less work than you think.
When buying insurance coverage, don’t be tempted to reduce needed coverages to save money. There are too many instances where an accident victim reduced full coverage only to regret that the savings was not a smart move. Your objective should be to get the best coverage possible at the best price, but do not sacrifice coverage to save money.
There are still a few companies who may not offer internet price quotes and many times these small, regional companies only sell coverage through independent agents. Cheaper Ford F-150 insurance in Philadelphia can be found from both online companies in addition to many Philadelphia insurance agents, so you need to compare both in order to have the best chance of saving money.
Additional information is available below:
- Teen Driving Statistics (iihs.org)
- Who Has Cheap Auto Insurance Rates for a Honda CR-V in Philadelphia? (FAQ)
- How Much is Philadelphia Auto Insurance for Drivers Over Age 50? (FAQ)
- Who Has Cheap Car Insurance Rates for a Toyota Highlander in Philadelphia? (FAQ)
- Booster Seat Ratings (iihs.org)
- Steps to Take After an Auto Accident (Insurance Information Institute)