Ford F-150 insurance policy image courtesy of QuoteInspector.com
It's a fact that insurance companies want to prevent you from shopping around. Insureds who do rate comparisons are likely to switch companies because they have a good chance of finding coverage at a more affordable price. A recent survey found that people who shopped around annually saved an average of $3,400 over four years compared to people who didn't regularly shop around.
If finding the lowest price for Ford F-150 insurance in Oakland is your ultimate goal, learning the best way to compare insurance rates can save time and money.
If your goal is the lowest price, then the best way to get cheaper Ford F-150 insurance is to start comparing rates regularly from providers that insure vehicles in Oakland.
First, try to learn a little about how insurance companies determine prices and the factors you can control to keep rates in check. Many things that result in higher prices such as speeding tickets, accidents and a less-than-favorable credit rating can be remedied by making minor driving habit or lifestyle changes. Later in this article we will cover the details to get low prices and earn a bigger discount.
Second, get rate quotes from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only give rate quotes from a single company like Progressive and State Farm, while independent agencies can quote rates for many different companies.
Third, compare the new quotes to your current policy and see if there is a cheaper rate in Oakland. If you can save some money and decide to switch, verify that coverage does not lapse between policies.
Fourth, tell your current agent or company of your intention to cancel your existing policy and submit the application along with any required down payment for your new policy. As soon as you receive it, safely store the certificate verifying proof of insurance in your vehicle's glove compartment or console.
The critical component of shopping around is to use identical coverages on every quote and and to get price estimates from as many companies as you can. Doing this enables the most accurate price comparison and the most accurate and complete price analysis.
The providers in the list below can provide free rate quotes in Oakland, CA. To buy cheaper auto insurance in Oakland, it's highly recommended you get rates from several of them in order to find the most affordable rates.
Insurance coverage details
The coverage table displayed below showcases a range of insurance prices for Ford F-150 models. Learning as much as possible about how policy rates are figured can assist in making decisions on the best policy coverages.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|F-150 XL Regular Cab 2WD||$318||$500||$574||$34||$172||$1,598||$133|
|F-150 STX Regular Cab 2WD||$318||$638||$574||$34||$172||$1,736||$145|
|F-150 XL Super Cab 2WD||$318||$638||$574||$34||$172||$1,736||$145|
|F-150 XLT Regular Cab 2WD||$318||$638||$574||$34||$172||$1,736||$145|
|F-150 STX Super Cab 2WD||$318||$638||$574||$34||$172||$1,736||$145|
|F-150 XL Crew Cab 2WD||$366||$638||$574||$34||$172||$1,784||$149|
|F-150 XLT Super Cab 2WD||$366||$638||$574||$34||$172||$1,784||$149|
|F-150 STX Regular Cab 4WD||$366||$638||$574||$34||$172||$1,784||$149|
|F-150 XL Regular Cab 4WD||$366||$638||$574||$34||$172||$1,784||$149|
|F-150 FX2 Super Cab 2WD||$366||$638||$574||$34||$172||$1,784||$149|
|F-150 XLT Crew Cab 2WD||$366||$638||$574||$34||$172||$1,784||$149|
|F-150 XL Super Cab 4WD||$366||$638||$574||$34||$172||$1,784||$149|
|F-150 XLT Regular Cab 4WD||$366||$638||$574||$34||$172||$1,784||$149|
|F-150 XL Crew Cab 4WD||$412||$638||$574||$34||$172||$1,830||$153|
|F-150 STX Super Cab 4WD||$412||$638||$574||$34||$172||$1,830||$153|
|F-150 XLT Super Cab 4WD||$412||$638||$574||$34||$172||$1,830||$153|
|F-150 FX2 2WD||$412||$776||$574||$34||$172||$1,968||$164|
|F-150 Lariat Super Cab 2WD||$412||$776||$574||$34||$172||$1,968||$164|
|F-150 Lariat Crew Cab 2WD||$412||$776||$574||$34||$172||$1,968||$164|
|F-150 FX4 Super Cab 4WD||$412||$776||$574||$34||$172||$1,968||$164|
|F-150 XLT Crew Cab 4WD||$412||$776||$574||$34||$172||$1,968||$164|
|F-150 FX4 4WD||$412||$776||$574||$34||$172||$1,968||$164|
|F-150 Lariat Crew Cab 4WD||$412||$776||$574||$34||$172||$1,968||$164|
|F-150 SVT Raptor Super Cab 4WD||$412||$776||$574||$34||$172||$1,968||$164|
|F-150 Lariat Super Cab 4WD||$412||$776||$574||$34||$172||$1,968||$164|
|F-150 Lariat Crew Cab Platinum 2WD||$412||$914||$574||$34||$172||$2,106||$176|
|F-150 Lariat Crew Cab Harley 2WD||$412||$914||$574||$34||$172||$2,106||$176|
|F-150 Lariat King Ranch 2WD||$412||$914||$574||$34||$172||$2,106||$176|
|F-150 Lariat King Ranch 4WD||$458||$914||$574||$34||$172||$2,152||$179|
|F-150 Lariat Crew Cab Harley 4WD||$458||$914||$574||$34||$172||$2,152||$179|
|F-150 Lariat Crew Cab Platinum 4WD||$458||$914||$574||$34||$172||$2,152||$179|
|Get Your Own Custom Quote Go|
Table data represents single female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and California minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, safe-driver, and multi-vehicle. Price information does not factor in garaging location in Oakland which can decrease or increase rates greatly.
How Your F-150 Insurance Rates are Determined
A large part of saving on insurance is knowing some of the elements that help determine the level of your policy premiums. When you know what positively or negatively controls the rates you pay, this enables informed choices that may result in big savings.
The factors shown below are some of the most rate-impacting factors utilized by car insurance companies to help set your premiums.
Lower prices with alarm systems - Selecting a car model that has an advanced theft prevention system can save you some money. Anti-theft devices like vehicle immobilizer systems, OnStar, and tracking devices like LoJack help track and prevent auto theft and help lower rates.
Gender as a rate factor - Statistics show women are more cautious behind the wheel. That doesn't necessarily mean that females are better at driving than males. Men and women have fender benders at about the same rate, but the male of the species have costlier accidents. Not only are claims higher, but men receive more costly citations such as DWI and reckless driving.
The chart below illustrates the comparison of Ford F-150 insurance prices for male and female drivers. The rates are based on no claims or driving violations, full coverage, $250 deductibles, single status, and no additional discounts are factored in.
Don't skimp on liability protection - Your policy's liability coverage will provide protection in the event that you are ruled to be at fault for damages from an accident. It will provide legal defense which can cost thousands of dollars. Liability insurance is pretty cheap compared to other policy coverages, so drivers should carry high limits.
Low mileage costs less - Driving a lot of miles annually the more you will pay for insurance. Almost all companies rate vehicles partially by how you use the vehicle. Cars and trucks that are left in the garage receive better premium rates than vehicles that have high annual mileage. Ask your agent if your insurance policy properly reflects the right rating data. An improperly rated F-150 may be costing you.
Only buy coverage you need - Policies have extra coverages that may not really be needed when buying insurance. Insurance for coverage for rental cars, towing, and Farm Bureau memberships may be wasting your money. These may sound like a good investment when deciding what coverages you need, but your money might be better spent on other coverage so remove them from your policy.
Responsible drivers pay the best costs - Your driving citation history impacts your car insurance rates tremendously. Attentive drivers pay lower auto insurance prices compared to bad drivers. Having a single citation may cause rates to rise forty percent or more. Drivers who have gotten careless tickets such as reckless driving or DUI may find they need to complete a SR-22 with their state motor vehicle department in order to prevent their license from being revoked.
The illustration below shows how traffic citations and at-fault accidents increase Ford F-150 car insurance rates for each different age group. The premiums are based on a married male driver, comp and collision included, $500 deductibles, and no additional discounts are factored in.
Ford F-150 statistical loss data - Insurers use past loss statistics for each vehicle when they calculate premium rates for each model. Models that historically have higher number or severity of losses will have higher premium rates. The table below outlines the collected loss data for Ford F-150 vehicles.
For each type of coverage, the loss probability for all vehicles, as an average, is equal to 100. Percentages below 100 are indicative of better than average losses, while numbers above 100 indicate a higher chance of having a claim or an increased probability of a larger loss.
|Vehicle 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 from IIHS.org for 2013-2015 Model Years
Why you need Ford F-150 insurance in California
Despite the high insurance cost for a Ford F-150 in Oakland, insuring your vehicle is a good idea for several reasons.
- Most states have compulsory liability insurance requirements which means you are required to carry a specific level of liability in order to license the vehicle. In California 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.
- If you took out a loan on your Ford F-150, it's guaranteed your bank will require you to have insurance to ensure loan repayment if the vehicle is totaled. If coverage lapses or is canceled, the lender may insure your Ford at a much higher rate and require you to pay the higher price.
- Insurance protects not only your vehicle but also your assets. It will also reimburse you for hospital and medical expenses for yourself as well as anyone injured by you. Liability insurance also covers legal expenses in the event you are sued. 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 having insurance definitely exceed the price paid, especially with large liability claims. According to a survey of 1,000 drivers, the average driver is overpaying over $830 a year so you should quote and compare rates at least once a year to be sure current rates are still competitive.
Which car insurance company is best in California?
Ending up with a good quality auto insurance provider can be difficult considering how many companies sell insurance in Oakland. The company rank data in the lists below may help you pick which car insurance companies to look at when shopping around.
Top 10 Oakland Car Insurance Companies Overall
- American Family
- AAA of Southern California
- State Farm
- The Hartford
- AAA Insurance
- The General
- Titan Insurance