Would you like to buy low-cost Ford F-150 insurance in Denver? Tired of not being able to scrape enough together to insure your Ford every month? You're in the same situation as many other vehicle owners in Colorado.
A recent NerdWallet.com study revealed that the vast majority of consumers kept their coverage with the same car insurance company for over three years, and 38% of drivers have never compared rates from other carriers. Many consumers in Denver could cut their rates by approximately 35% a year, but they just assume it's a time-consuming process to shop their coverage around. Companies like Allstate, Progressive and GEICO all claim big savings with TV and radio ads and consumers find it hard to ignore the promise of big savings and effectively compare rates to find the best deal.
Smart consumers take time to price shop coverage before your policy renews because car insurance prices are rarely the same from one policy term to another. If you had the best rate on Ford F-150 insurance in Denver two years ago the chances are good that you can find a lower premium rate today. Forget anything you know (or think you know) about car insurance because we're going to show you the fastest way to find better rates and still maintain coverage.
If you have a policy now or are just looking to switch companies, you can use these techniques to find better prices without reducing protection. Locating the best rates in Denver is not that difficult as long as you know where to start. Smart shoppers just need to understand the quickest way to shop for insurance online from multiple companies.
How to buy Denver Ford F-150 insurance online
The following companies provide comparison quotes in Colorado. If multiple companies are listed, we recommend you visit several of them to find the cheapest car insurance rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|F-150 XL Regular Cab 2WD||$126||$182||$368||$22||$110||$808||$67|
|F-150 STX Regular Cab 2WD||$256||$440||$358||$22||$108||$1,184||$99|
|F-150 XL Super Cab 2WD||$220||$304||$460||$28||$138||$1,150||$96|
|F-150 XLT Regular Cab 2WD||$264||$448||$352||$20||$106||$1,190||$99|
|F-150 STX Super Cab 2WD||$186||$298||$358||$22||$108||$972||$81|
|F-150 XL Crew Cab 2WD||$220||$304||$352||$20||$106||$1,002||$84|
|F-150 XLT Super Cab 2WD||$294||$440||$358||$22||$108||$1,222||$102|
|F-150 STX Regular Cab 4WD||$232||$372||$330||$20||$98||$1,052||$88|
|F-150 XL Regular Cab 4WD||$144||$232||$368||$22||$110||$876||$73|
|F-150 FX2 Super Cab 2WD||$294||$440||$358||$22||$108||$1,222||$102|
|F-150 XLT Crew Cab 2WD||$272||$376||$352||$20||$106||$1,126||$94|
|F-150 XL Super Cab 4WD||$220||$304||$352||$20||$106||$1,002||$84|
|F-150 XLT Regular Cab 4WD||$236||$382||$338||$20||$100||$1,076||$90|
|F-150 XL Crew Cab 4WD||$310||$412||$362||$22||$108||$1,214||$101|
|F-150 STX Super Cab 4WD||$306||$376||$352||$20||$106||$1,160||$97|
|F-150 XLT Super Cab 4WD||$226||$278||$362||$22||$108||$996||$83|
|F-150 FX2 2WD||$244||$424||$426||$26||$128||$1,248||$104|
|F-150 Lariat Super Cab 2WD||$298||$448||$358||$22||$108||$1,234||$103|
|F-150 Lariat Crew Cab 2WD||$278||$420||$362||$22||$108||$1,190||$99|
|F-150 FX4 Super Cab 4WD||$340||$562||$474||$28||$142||$1,546||$129|
|F-150 XLT Crew Cab 4WD||$162||$296||$396||$24||$118||$996||$83|
|F-150 FX4 4WD||$236||$380||$330||$20||$98||$1,064||$89|
|F-150 Lariat Crew Cab 4WD||$240||$416||$456||$28||$136||$1,276||$106|
|F-150 SVT Raptor Super Cab 4WD||$342||$546||$352||$20||$106||$1,366||$114|
|F-150 Lariat Super Cab 4WD||$250||$368||$352||$20||$106||$1,096||$91|
|F-150 Lariat Crew Cab Platinum 2WD||$236||$448||$330||$20||$98||$1,132||$94|
|F-150 Lariat Crew Cab Harley 2WD||$310||$592||$362||$22||$108||$1,394||$116|
|F-150 Lariat King Ranch 2WD||$250||$434||$352||$20||$106||$1,162||$97|
|F-150 Lariat King Ranch 4WD||$234||$416||$474||$28||$142||$1,294||$108|
|F-150 Lariat Crew Cab Harley 4WD||$326||$630||$396||$24||$118||$1,494||$125|
|F-150 Lariat Crew Cab Platinum 4WD||$390||$538||$460||$28||$138||$1,554||$130|
|Get Your Own Custom Quote Go|
Data rating is based on single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Colorado minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, homeowner, and multi-policy. Estimates do not factor in vehicle garaging location which can impact coverage rates substantially.
Analysis of deductible levels
The chart below demonstrates how choosing different deductibles and can increase or decrease Ford F-150 insurance rates for each age group. The data is based on a single female driver, full coverage, and no discounts are applied.
Get cheaper Ford F-150 insurance in Denver with discounts
Insuring your fleet can be pricey, but you might already qualify for some discounts to cut the cost considerably. Some trigger automatically when you get a quote, but a few must be asked about prior to receiving the credit.
- E-sign - A few companies provide a small discount simply for signing on your computer.
- Multiple Vehicles - Buying coverage for more than one vehicle on one policy can reduce rates for all insured vehicles.
- Seat Belts Save more than Lives - Drivers who always wear seat belts and also require passengers to buckle up before driving could cut 10% or more on the medical payments or PIP coverage costs.
- Passive Restraints - Factory air bags or motorized seat belts can receive discounts of more than 20%.
- Drivers Ed for Students - Reduce the cost of insurance for teen drivers by having them complete a driver education course in high school.
- Auto/Life Discount - Select insurance companies reward you with a lower premium rate if you buy a life insurance policy as well.
Discounts reduce rates, but you should keep in mind that most discount credits are not given to the entire cost. Most cut the price of certain insurance coverages like physical damage coverage or medical payments. Even though it appears adding up those discounts means a free policy, nobody gets a free ride.
To see insurance companies with discount rates in Colorado, click here.
Can't I get rate quotes from local Denver insurance agencies?
A lot of people still prefer to buy from a local agent and doing that can be a smart decision Most agents are trained to spot inefficiencies and help in the event of a claim. An additional benefit of getting free rate quotes online is that drivers can save money and get cheap insurance rates and still have an agent to talk to.
After filling out this quick form, your insurance coverage information is transmitted to local insurance agents who will return price quotes for your insurance coverage. There is no reason to do any legwork because quoted prices will be sent immediately to you. If you need to compare rates from a particular provider, just jump over to their website to submit a rate quote request.
Choosing the best provider shouldn't rely on just the bottom line cost. Any good agent in Denver should know the answers to these questions.
- Do they make recommendations based only on price?
- What company do they have the most business with?
- How long has the business existed?
- Do they assist clients in filing claims?
- Can you contact them at any time?
- Does the company have a solid financial rating?
- Are there any extra charges for paying monthly?
- Does the agency provide any after hours assistance?
Exclusive agents vs. Independent agents
If you would like to find a reputable agency, you must know there are a couple types of agencies and how they can quote your rates. Agencies in Denver are either exclusive or independent. Either type can write insurance policies, but it's important to know why they differ because it can impact the selection process.
Exclusive Insurance Agencies
Agents of this type can only quote rates from one company such as Allstate, Farmers Insurance or State Farm. Exclusive agents cannot compare other company's rates so they have no alternatives for high prices. They are very knowledgeable on their company's products which can be an advantage.
Listed below is a list of exclusive agencies in Denver that can give you comparison quotes.
Independent Insurance Agencies
These type of agents are not locked into one company so they can insure your vehicles with an assortment of companies depending on which coverage is best. If they quote lower rates, they simply move your policy to a different company which is easy for the insured. If you are trying to find cheaper rates, it's recommended you get quotes from several independent agencies to get the best comparison.
Shown below is a list of independent agencies in Denver that can give you price quotes.
57 W Alameda Ave - Denver, CO 80223 - (303) 722-2841 - View Map
Denver Insurance Costs are Influenced by These Factors
Part of the auto insurance buying process is learning some of the elements that help calculate your auto insurance rates. If you know what positively or negatively impacts your premiums, this allows you to make educated decisions that may reward you with lower premium levels.
Listed below are a partial list of the pieces that factor into your prices.
Insurance prices are higher for high performance vehicles - The make and model of the car or truck you are insuring makes a significant difference in your premium level. Since the Ford F-150 is a pickup truck, rates will be similar in price than the average rate where you live in Denver. Lower performance four cylinder passenger cars usually have the lowest premiums, but many other things help determine your insurance rates.
How much liability do you need? - The liability coverage on your policy is the coverage that protects you if ever you are found liable for causing damage or personal injury in an accident. It will provide for a legal defense starting from day one. Liability is cheap as compared to coverage for physical damage, so buy as much as you can afford.
How old are your drivers? - Youthful drivers in Colorado are statistically proven to be careless and easily distracted when driving with friends and because of this, their auto insurance rates are much higher. Older, more experienced drivers have been proven to be more responsible, cost insurance companies less in claims, and are generally more financially stable.
Better drivers pay lower rates - Only having one driving citation can boost insurance rates by as much as thirty percent. Careful drivers pay less for auto insurance than their less careful counterparts. Drivers who have received severe tickets such as DUI, reckless driving or excessive speeding might be required by their state to prove financial responsibility to the state department of motor vehicles in order to legally drive.
Which gender costs less? - Over the last 30 years, statistics show women tend to be less risk to insure than men. Now that doesn't mean men are worse drivers. Women and men cause at-fault accidents at a similar rate, but the men get into accidents with more damage. In addition to higher claims, males also receive more major tickets like reckless driving and DUI.
Policy add-ons could be costing you - Policies have extra coverages that you can get tricked into buying if you don't pay attention. Coverage for things like rental car coverage, accident forgiveness, and extra life insurance coverage could be just wasting money. You may think they are a good idea when buying your policy, but if they're wasting money remove them and pocket the money.
Ford F-150 insurance loss data - Companies use claims history when determining insurance prices. Models that the statistics show to have high amounts or severity of claims will have higher premium rates.
The table shown below demonstrates the historical loss data for Ford F-150 vehicles. For each insurance policy coverage type, the claim probability for all vehicles averaged together is a value of 100. Numbers below 100 suggest losses that are better than average, while values that are above 100 indicate more frequent claims or an increased likelihood of larger losses.
Ford F-150 Insurance Claim Statistics
|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
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Auto insurance does more than just protect your car
Despite the high cost of buying insurance for a Ford F-150 in Denver, insuring your vehicle serves a purpose in several ways.
- Most states have mandatory insurance requirements which means you are required to carry a minimum amount of liability coverage if you drive a vehicle. In Colorado these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
- If your vehicle has a loan, almost every bank will have a requirement that you carry insurance to guarantee loan repayment. If you do not pay your insurance premiums, the lender may have to buy a policy to insure your Ford at a more expensive rate and force you to pay for the expensive policy.
- Insurance protects both your Ford and your assets. It also can pay for medical transport and hospital expenses for you, any passengers, and anyone injured in an accident. Liability coverage also covers all legal expenses up to the policy limit if you are named as a defendant in an auto accident. If you receive damage to your vehicle caused by a storm or accident, comprehensive (other-than-collision) and collision coverage will pay to repair the damage minus the deductible amount.
The benefits of carrying adequate insurance definitely exceed the cost, especially when you need to use it. The average driver in America is overpaying over $750 every year so it's recommended you shop around each time the policy renews to be sure current rates are still competitive.
You can find cheaper coverage
Cheaper auto insurance in Denver is available on the web in addition to local insurance agencies, and you should compare rates from both to have the best rate selection. Some insurance companies do not offer online quoting and usually these small, regional companies only sell through independent insurance agencies.
We just presented a lot of tips how to get a better price on Ford F-150 insurance in Denver. It's most important to understand that the more quotes you get, the better your chances of lowering your premium rates. You may even be surprised to find that the lowest car insurance rates come from some of the smallest insurance companies. Regional companies may only write in your state and offer lower premium rates compared to the large companies like Allstate and Progressive.
As you shop your coverage around, it's not a good idea to skimp on critical coverages to save a buck or two. There have been many cases where an accident victim reduced liability limits or collision coverage and discovered at claim time that the few dollars in savings costed them thousands. The goal is to find the BEST coverage for the lowest cost, but don't skip important coverages to save money.