How Much is Insurance for a Ford F-150 in Tennessee?

The chances that you’ll find cheap auto insurance for a Ford F-150 in Tennessee is dependent upon a complex calculation that is influenced by things such as how many miles you drive each year, if you have a tendancy to file claims, and the deductible amount you use. Drivers pay an average of $960 a year to buy Ford F-150 insurance, but that cost is a ballpark figure rating a 50-year-old single female that has full comprehensive and collision coverage and $250 physical damage deductibles.

There’s a good chance you are not 50 and possibly not even female, maybe you are married instead of single, or you need different deductibles. What seems to be a minor change in rating variables may result in significant differences in the cost of insurance for a Ford F-150.

Every auto insurance policy is unique to the driver, so your best chance at finding cheap car insurance rates for your Ford is to compare as many rates as possible.

Cheapest Ford F-150 Insurance Rates

Vehicle trim level will most likely have an effect on the coverage cost, so the price you pay to insure a F-150 XL Regular Cab 2WD will be $270 less than the cost to insure the higher-end F-150 Lariat Crew Cab Platinum 4WD model, as shown by the rates below.

Price data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Tennessee minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, homeowner, and safe-driver. Estimates do not factor in vehicle garaging location which can alter auto insurance rates substantially.

What is the best auto insurance company in Tennessee?

Insuring your vehicle with the best car insurance provider can be difficult considering how many companies are available to choose from in Tennessee. The company information displayed below could help you analyze which providers you want to consider comparing rates from.

These ratings only include the largest auto insurers in America, so companies that only write business in Tennessee or surrounding areas are not taken into consideration for these rankings. To view rates from these and other companies in Tennessee, just click here.

The diagram below illustrates how your choice of deductibles can change annual premium costs when searching for cheap insurance for a Ford F-150. The data is based on a single female driver, full coverage, and no discounts are taken into consideration.

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The chart above illustrates that a 30-year-old driver could lower their policy premium by $324 a year by switching from a $100 deductible to a $500 deductible, or save $490 by changing to a $1,000 deductible. Even younger drivers, such as the 20-year-old chart data, could reduce their rates as much as $716 each year by choosing a higher deductible.

When insureds make the decision to increase the deductibles on their policy, it will be important to have emergency funds available to enable you to pay the extra out-of-pocket expense, which is the one disadvantage of using larger deductibles.

Difference between full coverage and liability only rates

Finding cheap insurance for a Ford F-150 in Tennessee is the goal of most vehicle owners, and an easy way to buy cheap insurance is to only buy liability insurance. The chart below compares yearly insurance costs with full physical damage coverage compared to only buying liability only. The price estimates are based on no accidents or driving violations, $1,000 deductibles, drivers are single, and no other discounts are factored in.

google.charts.setOnLoadCallback(drawFclqcibChart);function drawFclqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Full Coverage with $1,000 Deductibles’, ‘Liability Only’],[‘Age 20’, 2291,1029],[‘Age 30’, 1227,567],[‘Age 40’, 1183,525],[‘Age 50’, 1087,493],[‘Age 60’, 1053,485],[‘Age 70’, 1315,645]]);var options = {title: ‘Full Coverage Rates Versus Liability Only Rates’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9′,’#98bee2’],hAxis: {title: ‘Annual Insurance Cost for a Ford F-150 in Tennessee’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibfcl’));chart.draw(data, options);}

If all age groups are averaged, comprehensive and collision coverage on your policy costs $1,359 per year more than buying just liability insurance. That brings up the question when is it a good idea to stop buying full coverage. There is no written rule of when to phase out full coverage on your policy, but there is a general school of thought. If the annual cost of your full coverage insurance is more than 10% of any settlement you would receive from your insurance company, then you may need to consider dropping full coverage.

There are some cases where buying only liability insurance is not a good idea. If you haven’t satisfied your loan, you must maintain physical damage coverage to protect the lienholder’s interest. Also, if your finances do not allow you to purchase a different vehicle in the even your car is totaled, you should keep full coverage in place.

Allstate, Progressive, Geico, or State Farm: Who is cheapest?

When comparing rates for auto insurance, the four most popular companies are Allstate, Progressive, Geico, and State Farm. They all have your normal coverages like liability, comprehensive, and collision, but each one offers a little bit different set of discounts and options that may influence which company you choose. The table below shows ratings for price, service, and claims, in additional to some of the optional coverages shoppers can expect to find with each one.