How Much Does Insurance Cost for a Ford F-150 in Kentucky?

Because the topic is car insurance, the words cheap or affordable really should not be used anywhere to describe car insurance prices. Excuse the oxymoron, but cheap car insurance for a Ford F-150 is not always easy to find. Don’t get your dauber down, because we will teach you how you can still find and buy car insurance that is cheaper than what you are paying now.

The odds of finding affordable coverage for a Ford F-150 in Kentucky relies on a large number of factors such as the number of years you have been driving, if you have a lapse in coverage, and any prior driving offenses. Drivers in Kentucky will pay on average $940 every 12 months to insure a Ford F-150, but that amount is a ballpark figure based upon a 50-year-old married male who purchased full physical damage coverage and $250 physical damage deductibles.

There is a good probability you may not be 50 years old (or even male), possibly single instead of married, or maybe you want different physical damage deductibles. Having just a slight change in input factors can create big changes in the coverage rate.

Every policy is rated specifically for the driver, so your best chance at finding cheap car insurance rates for your Ford is to comparison shop your policy at each renewal.

Cheapest Ford F-150 Insurance Rates

Your Ford’s trim level tends to have a direct effect on the yearly cost, so the price you pay to insure a F-150 XL Regular Cab 2WD trim level will cost $270 less than the price to insure the more expensive F-150 Lariat Crew Cab Platinum 4WD version, as shown in the table below.

Table data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Kentucky minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, multi-vehicle, and safe-driver. Premium amounts do not factor in specific zip code location which can change coverage rates substantially.

Determining which companies offer the cheapest insurance rates for a Ford F-150 will involve a little more effort in order to find the best policy. Each auto insurer uses different criteria for setting rates, so we’ll go over the insurance companies with the overall cheapest rates in Kentucky.

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Cincinnati Insurance normally has some of the cheapest car insurance rates in Kentucky at around $1,093 annually. Kentucky Farm Bureau, USAA, Auto-Owners, and Motorists Mutual also qualify as some of the best Kentucky insurance companies.

As depicted above, if you are a customer of Motorists Mutual and switched to Kentucky Farm Bureau, you could see a yearly savings of around $441. Kentucky drivers with Grange Mutual may save as much as $481 a year, and Travelers customers might reduce rates by $535 a year.

It’s important to note that these premiums are averages across all ages of drivers and types of vehicles and and are not calculated with a specific rate factor for a Ford F-150. So the insurer that fits your situation best may not even be included in the rate chart shown above. That emphasizes why you need to compare prices as often as possible using your own personal information and vehicle type.

Rate comparison of full coverage and liability-only

Finding cheap insurance for a Ford F-150 in Kentucky is important to most drivers, and one good way to lower the cost of insurance is to not pay for full coverage. The chart below shows the difference between auto insurance costs with full coverage compared to only the Kentucky minimum liability coverage. The rate quotes are based on no tickets, no at-fault accidents, $100 deductibles, single status, and no policy discounts are applied.

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Averaged for all ages 20 through 70, physical damage coverage on your policy costs an extra $2,009 per year over and above liability coverage. At some point, every insured wonders if it’s worth it to buy full coverage. There is no set guideline of when to exclude comprehensive and collision coverage on your policy, but there is a broad guideline. If the yearly cost for physical damage coverage is more than around 10% of the settlement you would receive from your company, the it may be a good time to stop paying for full coverage.

Impact of careless driving on Kentucky insurance rates

The obvious way to maintain the most affordable insurance rates in Kentucky for a F-150 pickup is to pay attention while driving and avoid at-fault accidents and violations. The example below demonstrates how traffic citations and accident claims can increase premium costs for each different age group. The data is based on a married female driver, comp and collision included, $250 deductibles, and no additional discounts are factored in.

google.charts.setOnLoadCallback(drawVioqcibChart);function drawVioqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘No Violations or Accidents’, ‘Two Speeding Tickets and No Accidents’, ‘Two Speeding Tickets and Two Accidents’],[‘Age 20’, 2437,3163,5735],[‘Age 30’, 1711,2435,5005],[‘Age 40’, 1687,2413,4983],[‘Age 50’, 1481,2207,4779],[‘Age 60’, 1411,2137,4709],[‘Age 70’, 1517,2239,4811]]);var options = {title: ‘Violations, Accidents, and Kentucky Ford F-150 Insurance’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 600,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},colors:[‘#b2da64′,’#eed355′,’#e39e71’],hAxis: {title: ‘Annual Insurance Cost for a Ford F-150 in Kentucky’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);var chart = new google.visualization.BarChart(document.getElementById(‘qcibvio’));chart.draw(data, options);}

The data in the chart shows the average cost of auto insurance in Kentucky per year with a clean driving record and no accidents is $1,707. Get written up for two speeding tickets and the average cost rises to $2,432, an increase of $725 each year. Then throw in two accidents along with the two speeding tickets and the annual cost of insurance for a Ford F-150 increases to an average of $5,004. That’s an increase of $3,296, or $275 per month, just for not driving safely!