Locating low-cost insurance for your Ford F-150 in Texas could be an all-consuming task, but you can learn our car insurance buying tips to make it easier. There are more efficient ways to find car insurance online so you’re going to learn the absolute fastest way to compare rates for your Ford and find the lowest price from both online companies and Laredo agents.
We don’t have to point out that fact that insurance companies want to keep you from shopping around. People who shop around are highly likely to switch car insurance companies because there is a good chance of finding a more affordable policy premium. A recent study showed that consumers who made a habit of comparing rate quotes saved as much as $3,450 over four years as compared to drivers who never shopped around for lower prices.
If finding the lowest price on Ford F-150 insurance in Laredo is your ultimate objective, then having a grasp of how to choose a company and compare insurance coverage can save money and time.
Consumers should take time to compare premium rates on a regular basis because car insurance prices change quite often. Just because you had the lowest price on Ford F-150 insurance in Laredo a year ago other companies may now be cheaper. There is a lot of bad information regarding F-150 insurance out there, but in this article, you’re going to get some great ideas on how to slash your car insurance rates in Laredo.
If you have a policy now or just want to reduce your rates, you can follow these tips to shop for the lowest rates while maximizing coverage. Quoting and comparing rates for the most affordable protection in Laredo is not as hard as you may think. Shoppers only have to learn how to buy car insurance using one simple form.
Finding a better price on car insurance is a fairly straight forward process. Drivers just need to spend a few minutes comparing free Laredo car insurance quotes to discover which company has the cheapest Ford F-150 rate quotes.
The companies shown below can provide free rate quotes in Texas. If you wish to find the cheapest car insurance in TX, we recommend you visit as many as you can to get a more complete price comparison.
Ford F-150 insurance rate analysis
The rate information displayed below highlights estimates of policy rates for Ford F-150 models. Knowing how insurance prices are formulated is important to be able to make smart buying decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| F-150 XL Regular Cab 2WD | $180 | $252 | $400 | $24 | $120 | $976 | $81 |
| F-150 STX Regular Cab 2WD | $180 | $322 | $400 | $24 | $120 | $1,046 | $87 |
| F-150 XL Super Cab 2WD | $180 | $322 | $400 | $24 | $120 | $1,046 | $87 |
| F-150 XLT Regular Cab 2WD | $180 | $322 | $400 | $24 | $120 | $1,046 | $87 |
| F-150 STX Super Cab 2WD | $180 | $322 | $400 | $24 | $120 | $1,046 | $87 |
| F-150 XL Crew Cab 2WD | $206 | $322 | $400 | $24 | $120 | $1,072 | $89 |
| F-150 XLT Super Cab 2WD | $206 | $322 | $400 | $24 | $120 | $1,072 | $89 |
| F-150 STX Regular Cab 4WD | $206 | $322 | $400 | $24 | $120 | $1,072 | $89 |
| F-150 XL Regular Cab 4WD | $206 | $322 | $400 | $24 | $120 | $1,072 | $89 |
| F-150 FX2 Super Cab 2WD | $206 | $322 | $400 | $24 | $120 | $1,072 | $89 |
| F-150 XLT Crew Cab 2WD | $206 | $322 | $400 | $24 | $120 | $1,072 | $89 |
| F-150 XL Super Cab 4WD | $206 | $322 | $400 | $24 | $120 | $1,072 | $89 |
| F-150 XLT Regular Cab 4WD | $206 | $322 | $400 | $24 | $120 | $1,072 | $89 |
| F-150 XL Crew Cab 4WD | $232 | $322 | $400 | $24 | $120 | $1,098 | $92 |
| F-150 STX Super Cab 4WD | $232 | $322 | $400 | $24 | $120 | $1,098 | $92 |
| F-150 XLT Super Cab 4WD | $232 | $322 | $400 | $24 | $120 | $1,098 | $92 |
| F-150 FX2 2WD | $232 | $392 | $400 | $24 | $120 | $1,168 | $97 |
| F-150 Lariat Super Cab 2WD | $232 | $392 | $400 | $24 | $120 | $1,168 | $97 |
| F-150 Lariat Crew Cab 2WD | $232 | $392 | $400 | $24 | $120 | $1,168 | $97 |
| F-150 FX4 Super Cab 4WD | $232 | $392 | $400 | $24 | $120 | $1,168 | $97 |
| F-150 XLT Crew Cab 4WD | $232 | $392 | $400 | $24 | $120 | $1,168 | $97 |
| F-150 FX4 4WD | $232 | $392 | $400 | $24 | $120 | $1,168 | $97 |
| F-150 Lariat Crew Cab 4WD | $232 | $392 | $400 | $24 | $120 | $1,168 | $97 |
| F-150 SVT Raptor Super Cab 4WD | $232 | $392 | $400 | $24 | $120 | $1,168 | $97 |
| F-150 Lariat Super Cab 4WD | $232 | $392 | $400 | $24 | $120 | $1,168 | $97 |
| F-150 Lariat Crew Cab Platinum 2WD | $232 | $462 | $400 | $24 | $120 | $1,238 | $103 |
| F-150 Lariat Crew Cab Harley 2WD | $232 | $462 | $400 | $24 | $120 | $1,238 | $103 |
| F-150 Lariat King Ranch 2WD | $232 | $462 | $400 | $24 | $120 | $1,238 | $103 |
| F-150 Lariat King Ranch 4WD | $258 | $462 | $400 | $24 | $120 | $1,264 | $105 |
| F-150 Lariat Crew Cab Harley 4WD | $258 | $462 | $400 | $24 | $120 | $1,264 | $105 |
| F-150 Lariat Crew Cab Platinum 4WD | $258 | $462 | $400 | $24 | $120 | $1,264 | $105 |
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Premium data assumes married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, multi-vehicle, and claim-free. Premium amounts do not factor in zip code location which can lower or raise auto insurance rates substantially.
The information below demonstrates how choosing different deductibles and can raise or lower Ford F-150 insurance costs for different ages of insureds. The premium estimates are based on a single male driver, comprehensive and collision coverage, and no discounts are applied.
Full coverage rates compared to liability-only
The diagram below visualizes the comparison of Ford F-150 insurance costs with full physical damage coverage compared to only buying liability only. The information is based on no claims or driving violations, $250 deductibles, drivers are not married, and no discounts are factored in.
When to buy liability coverage only
There is no set guideline to drop comp and collision coverage, but there is a general guideline. If the annual cost of comprehensive and collision coverage is more than around 10% of the replacement cost of your vehicle minus the policy deductible, then it’s probably a good time to buy liability coverage only.
For example, let’s assume your Ford F-150 replacement cost is $5,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, the most your company will settle for is $4,000 after the deductible is paid. If you are paying more than $400 a year for comprehensive and collision coverage, then it might be time to consider dropping full coverage.
There are some cases where dropping physical damage coverage is not in your best interest. If you have an outstanding loan on your vehicle, you are required to maintain full coverage in order to keep the loan. Also, if you don’t have enough money to buy a different vehicle if your current one is damaged, you should keep full coverage in place.
Three reasons to insure your F-150
Despite the high cost, insurance serves several important purposes.
- Almost all states have mandatory insurance requirements which means the state requires specific limits of liability protection if you don’t want to risk a ticket. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If your vehicle has a loan, it’s most likely the lender will stipulate that you carry insurance to ensure loan repayment if the vehicle is totaled. If you cancel or allow the policy to lapse, the bank may buy a policy for your Ford for a lot more money and make you pay for the much more expensive policy.
- Insurance preserves both your Ford F-150 and your assets. It will also pay for medical expenses that are the result of an accident. One policy coverage, liability insurance, also pays expenses related to your legal defense if you are sued as the result of an accident. If damage is caused by hail or an accident, collision and comprehensive coverages will pay to have it repaired.
The benefits of carrying adequate insurance definitely exceed the cost, especially with large liability claims. Unknowingly, the average driver overpays as much as $850 per year so it’s recommended you shop around each time the policy renews to make sure the price is not too high.
Smart Choices Result in Lower Insurance Prices
An important part of buying insurance is that you know the different types of things that play a part in calculating your premiums. If you know what controls the rates you pay, this allows you to make educated decisions that could help you find big savings. Many different elements are taken into consideration when you quote your car insurance policy. Some of the criteria are obvious such as traffic violations, but other criteria are more transparent such as your marital status or your financial responsibility.
The list below includes a few of the “ingredients” that factor into your rates.
Youthful drivers are expensive to insure – Youthful drivers in Texas are statistically shown to be inattentive with other occupants in the car therefore insurance rates are much higher. More mature drivers are viewed as being more responsible, file fewer claims, and receive fewer citations.
The following data uses these variables: single driver, full coverage with $500 deductibles, and no discounts or violations.
Vocation impacts rates – Do you have a high-stress occupation? Careers like real estate brokers, police officers, and medical professionals usually pay higher premiums than the average policyholder due to high stress levels and lots of time spent away from family. Conversely, occupations such as scientists, students and the unemployed generally pay rates lower than average.
More traffic equals higher rates – Living in smaller towns and rural areas of the country can be a good thing when trying to find low car insurance rates. Less people translates into fewer accidents and lower theft and vandalism rates. Residents of big cities have to deal with more auto accidents and more time behind the wheel. More time on the road translates into higher accident risk.
Having a spouse can lower rates – Walking down the aisle can actually save you money compared to being single. It demonstrates that you tend to be more responsible and insurance companies like that married drivers tend to file fewer claims.
Keep claims to a minimum – If you tend to file frequent claims, you can pretty much guarantee higher premiums or even policy non-renewal. Companies in Texas award better rates to policyholders who are claim-free. Your insurance policy is intended for the large, substantial claims.
Cautious drivers pay less – Even one speeding ticket or other violation can increase rates to the point where it’s not affordable. Attentive drivers get better prices compared to bad drivers. Drivers unfortunate enough to have serious violations like reckless driving, hit and run or driving under the influence may need to submit a SR-22 or proof of financial responsibility with their state in order to legally drive a vehicle.
The example below shows how violations and fender-benders can influence Ford F-150 insurance costs for each age group. The prices are based on a single female driver, comp and collision included, $500 deductibles, and no other discounts are factored in.
You may save more by consolidating policies – Many insurers provide discounts to insureds who carry more than one policy in the form of a multi-policy discount. Discounts can be 10 percent or more. Even if you already get this discount, it’s always a smart idea to compare other Laredo F-150 insurance rates to verify if the discount is saving money.
Insurance loss data for a Ford F-150 – Companies include the past claim history for a vehicle to help calculate a profitable premium price. Vehicles that are shown to have high amounts or severity of claims will have higher rates for specific coverages.
The table below outlines the compiled insurance loss statistics for Ford F-150 vehicles. For each coverage type, the loss probability for all vehicles, without regard to make or model, is equal to 100. Values that are below 100 are indicative of better than average losses, while values that are above 100 indicate more frequent claims or tendency to have higher losses.
| 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
Cheap Ford F-150 insurance in Laredo
Properly insuring your vehicles can get expensive, but there may be some discounts to help bring down the price. Many discounts should be triggered when you purchase, but once in a while a discount must be inquired about in order for you to get them.
- Payment Method – By paying your policy upfront instead of paying each month you can avoid monthly service charges.
- Own a Home – Owning a home in Laredo can help you save on car insurance since owning and maintaining a home is proof that your finances are in order.
- Professional Memberships – Having an affiliation with specific professional or occupational memberships or organizations could qualify you for a break on your bill.
- Discount for Low Mileage – Fewer annual miles on your Ford could qualify for lower rates on the low mileage vehicles.
- Driver’s Ed – Teen drivers should successfully complete driver’s ed class if it’s offered in school.
- Senior Citizen Discount – Older drivers may be able to get reduced rates.
- Government Employee Discount – Having worked for a branch of the government may qualify for a discount when you quote Laredo car insurance with select insurance companies.
- One Accident Forgiven – This isn’t a discount exactly, but a handful of insurance companies permit an accident without getting socked with a rate hike if you have no claims prior to being involved in the accident.
- Responsible Driver Discount – Insureds without accidents can get discounts for up to 45% lower rates than their less cautious counterparts.
As a disclaimer on discounts, most of the big mark downs will not be given to your bottom line cost. Most only apply to specific coverage prices like comp or med pay. If you do the math and it seems like all those discounts means the company will pay you, that’s just not realistic. But any discount should help reduce the amount you pay for coverage.
The example below visualizes the comparison of Ford F-150 insurance costs with and without some available policy discounts. The premium estimates are based on a female driver, no claims or violations, Texas state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, homeowner, claim-free, multi-car, safe-driver, and multi-policy discounts applied.
To find insurance companies who offer online Ford F-150 insurance quotes in Laredo, follow this link.
Which is the best car insurance?
Keep in mind that when it comes to choosing coverage online or from an agent for your vehicles, there isn’t really a single plan that fits everyone. Each situation is unique so your insurance should reflect that
For instance, these questions might point out if you would benefit from an agent’s advice.
- Is my camper covered by my car insurance policy?
- What is no-fault insurance?
- Can my babysitter drive my car?
- Are rock chip repairs covered?
- How can I force my company to pay a claim?
- Does coverage extend to my business vehicle?
- If I drive on a suspended license am I covered?
- Can my teen driver be rated on a liability-only vehicle?
- At what point should I drop full coverage?
If you’re not sure about those questions, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, simply complete this short form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and may give you better protection.
Auto insurance agents can give valuable advice
A small number of people would prefer to buy from a local agent and we recommend doing that Insurance agents can point out coverage gaps and will help you if you have claims. A nice benefit of comparing rates online is that you can find lower rates and still have a local agent.
To make it easy to find an agent, after completing this form (opens in new window), your coverage information is transmitted to participating agents in Laredo who will give you bids for your business. It’s much easier because you don’t need to search for any insurance agencies as quotes are delivered directly to you. If you want to compare prices from one company in particular, you can always find their quoting web page and give them your coverage information.
Picking an insurance company requires you to look at more than just the bottom line cost. A good agent in Laredo will have answers to these questions.
- Does the company use OEM repair parts?
- Can you use your own choice of collision repair facility?
- Does their agency support local causes in Laredo?
- How are they compensated?
- Can you contact them at any time?
- Is their price quote a firm figure or are their hidden costs?
- How long has their agency been open in Laredo?
When finding a local insurance agency, it helps to know the two different types of agencies and how they can service your needs differently. Auto insurance policy providers can be categorized as either exclusive or independent. Both write auto insurance policies, but it’s worth mentioning how they differ because it can impact which type of agent you select.
Exclusive Agencies
These type of agents can only provide one company’s prices and examples are State Farm, Allstate, and Farm Bureau. Exclusive agencies are unable to compare other company’s rates so you need to shop around if the rates are high. Exclusive agents are trained well on the products they sell and that can be a competitive advantage. Drivers often purchase coverage from exclusives partially due to high brand loyalty and the convenience of having a single billing for all their coverages.
The following is a short list of exclusive agents in Laredo that can give you comparison quotes.
- Farmers Insurance – Pedro Sanchez
5916 San Bernardo Ave – Laredo, TX 78041 – (956) 722-8445 – View Map - Farmers Insurance – Carlos Nunez Jr.
1102 Marshall St #3 – Laredo, TX 78045 – (956) 763-2707 – View Map - Texas Farm Bureau Insurance – Juancarlo Rendon
507 E Expy 83 – Pharr, TX 78577 – (956) 787-8844 – View Map
Independent Agents (or Brokers)
Agents that elect to be independent can quote rates with many companies so as a result can place your coverage with any number of different companies and help determine which has the cheapest rates. If premiums increase, they can switch companies in-house and that require little work on your part. When comparing auto insurance rates, you will want to include at least one independent agent to maximize your price options. Many independent agencies also insure through additional companies that you may not be familiar with which can save you money.
The following is a list of independent agents in Laredo that can give you comparison quotes.
- Pronto Insurance
1315 San Dario Ave – Laredo, TX 78040 – (956) 724-2110 – View Map - SafeGuard Insurance Agency
104 E Calton Rd Ste 101 – Laredo, TX 78041 – (888) 552-4368 – View Map - All Around Insurance Agency, LLC
3401 N Arkansas Ave – Laredo, TX 78043 – (956) 712-1255 – View Map
Best auto insurance company in Texas
Insuring your vehicle with a highly-rated car insurance company is hard considering how many different companies sell coverage in Laredo. The company information listed below could help you pick which car insurance providers you want to consider comparing prices from.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| Travelers | 93 | 98 | 99 | 88% | A++ | 95.1 |
| USAA | 83 | 99 | 100 | 91% | A++ | 94.1 |
| Mercury Insurance | 97 | 96 | 88 | 89% | A+ | 93.4 |
| AAA Insurance | 91 | 95 | 92 | 90% | A | 93.3 |
| Nationwide | 85 | 95 | 97 | 89% | A+ | 92.4 |
| Allstate | 77 | 100 | 97 | 88% | A+ | 90.7 |
| State Farm | 80 | 94 | 96 | 88% | A++ | 90.6 |
| The Hartford | 88 | 93 | 91 | 87% | A+ | 90.4 |
| Safeco Insurance | 91 | 95 | 85 | 88% | A | 90.2 |
| Progressive | 88 | 94 | 83 | 88% | A+ | 90.1 |
| American Family | 91 | 86 | 95 | 83% | A | 89.7 |
| Esurance | 86 | 90 | 94 | 90% | A+ | 89.5 |
| The General | 86 | 93 | 89 | 84% | A- | 88.2 |
| GEICO | 79 | 89 | 95 | 87% | A++ | 87.8 |
| Titan Insurance | 86 | 82 | 92 | 86% | A+ | 86.5 |
| 21st Century | 86 | 82 | 90 | 84% | A | 86.4 |
| Liberty Mutual | 79 | 87 | 95 | 78% | A | 85.3 |
| Farmers Insurance | 77 | 80 | 80 | 84% | A | 80.3 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
Find affordable rates by being thorough
In this article, we presented some good ideas how to get a better price on Ford F-150 insurance in Laredo. It’s most important to understand that the more price quotes you have, the better your chances of lowering your prices. Consumers could even find that the lowest premium rates are with a lesser-known regional company. These companies may cover specific market segments cheaper than the large multi-state companies such as Allstate, GEICO and Progressive.
When buying insurance coverage, it’s not a good idea to sacrifice coverage to reduce premiums. There are a lot of situations where an accident victim reduced collision coverage and found out when filing a claim that they should have had better coverage. Your objective should be to buy a smart amount of coverage for the lowest price, but don’t skip important coverages to save money.
Steps to finding cheaper Ford F-150 insurance in Laredo
If your goal is the lowest price, then the best way to find low-cost prices for Ford F-150 insurance is to regularly compare prices from companies that insure vehicles in Laredo. Price quotes can be compared by completing these steps.
- Gain an understanding of auto insurance and the measures you can take to drop your rates. Many risk factors that cause rate increases such as multiple speeding tickets and an imperfect credit history can be improved by making minor changes to your lifestyle.
- Get rate quotes from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only provide price estimates from one company like GEICO or Allstate, while agents who are independent can provide prices for many different companies. View insurance agents
- Compare the new rate quotes to the price on your current policy and see if you can save money. If you find a lower rate quote, verify that coverage does not lapse between policies.
- Provide proper notification to your current company of your intent to cancel your current auto insurance policy and submit a down payment along with a signed application to the new company. Immediately upon receiving it, store the proof of insurance certificate in your vehicle.
An important part of this process is to make sure you enter identical deductibles and limits on every quote and and to get rate quotes from as many different companies as possible. This provides a level playing field and a complete price analysis.
Additional auto insurance information is available at these links:
- Older Driver Statistics (Insurance Information Institute)
- Who Has Affordable Laredo Auto Insurance Quotes for a School Permit? (FAQ)
- Driving in Bad Weather (Insurance Information Institute)
- What does Personal Injury Protection (PIP) Cover? (Allstate)