Finding the best cheap auto insurance for a Ford F-150 in Michigan relies on many rating criteria such as annual vehicle mileage, whether or not you garage your vehicle, and your motor vehicle report. Michigan drivers will pay around $2,535 a year to insure their F-150, but that is an estimate calculated based on a 30-year-old single female driver with both comprehensive and collision coverage and $500 deductibles.
The issue that arises when projecting rates is that it’s very likely that you may not be 30 years old (or even female), possibly married instead of single, and maybe you want higher deductibles. Having even a minor difference in rating criteria can result in a big discrepancy in the coverage rate.
Every driver’s needs are different, and that is why the only way to find cheap auto insurance rates for your Ford is to just compare rates yourself. Quotes are free and easy and you will be able to see rates from the cheapest companies available.
The specific model of F-150 will likely have an effect on the yearly cost, so the price you will be charged to insure a F-150 XL Regular Cab 2WD trim level will be $662 lower than the insurance cost for the fancier F-150 Lariat Crew Cab Platinum 4WD trim level, as demonstrated by the prices below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|F-150 XL Regular Cab 2WD||$420||$574||$932||$56||$280||$2,262||$189|
|F-150 STX Regular Cab 2WD||$420||$732||$932||$56||$280||$2,420||$202|
|F-150 XL Super Cab 2WD||$420||$732||$932||$56||$280||$2,420||$202|
|F-150 XLT Regular Cab 2WD||$420||$732||$932||$56||$280||$2,420||$202|
|F-150 STX Super Cab 2WD||$420||$732||$932||$56||$280||$2,420||$202|
|F-150 XL Crew Cab 2WD||$482||$732||$932||$56||$280||$2,482||$207|
|F-150 XLT Super Cab 2WD||$482||$732||$932||$56||$280||$2,482||$207|
|F-150 STX Regular Cab 4WD||$482||$732||$932||$56||$280||$2,482||$207|
|F-150 XL Regular Cab 4WD||$482||$732||$932||$56||$280||$2,482||$207|
|F-150 FX2 Super Cab 2WD||$482||$732||$932||$56||$280||$2,482||$207|
|F-150 XLT Crew Cab 2WD||$482||$732||$932||$56||$280||$2,482||$207|
|F-150 XL Super Cab 4WD||$482||$732||$932||$56||$280||$2,482||$207|
|F-150 XLT Regular Cab 4WD||$482||$732||$932||$56||$280||$2,482||$207|
|F-150 XL Crew Cab 4WD||$544||$732||$932||$56||$280||$2,544||$212|
|F-150 STX Super Cab 4WD||$544||$732||$932||$56||$280||$2,544||$212|
|F-150 XLT Super Cab 4WD||$544||$732||$932||$56||$280||$2,544||$212|
|F-150 FX2 2WD||$544||$892||$932||$56||$280||$2,704||$225|
|F-150 Lariat Super Cab 2WD||$544||$892||$932||$56||$280||$2,704||$225|
|F-150 Lariat Crew Cab 2WD||$544||$892||$932||$56||$280||$2,704||$225|
|F-150 FX4 Super Cab 4WD||$544||$892||$932||$56||$280||$2,704||$225|
|F-150 XLT Crew Cab 4WD||$544||$892||$932||$56||$280||$2,704||$225|
|F-150 FX4 4WD||$544||$892||$932||$56||$280||$2,704||$225|
|F-150 Lariat Crew Cab 4WD||$544||$892||$932||$56||$280||$2,704||$225|
|F-150 SVT Raptor Super Cab 4WD||$544||$892||$932||$56||$280||$2,704||$225|
|F-150 Lariat Super Cab 4WD||$544||$892||$932||$56||$280||$2,704||$225|
|F-150 Lariat Crew Cab Platinum 2WD||$544||$1050||$932||$56||$280||$2,862||$239|
|F-150 Lariat Crew Cab Harley 2WD||$544||$1050||$932||$56||$280||$2,862||$239|
|F-150 Lariat King Ranch 2WD||$544||$1050||$932||$56||$280||$2,862||$239|
|F-150 Lariat King Ranch 4WD||$606||$1050||$932||$56||$280||$2,924||$244|
|F-150 Lariat Crew Cab Harley 4WD||$606||$1050||$932||$56||$280||$2,924||$244|
|F-150 Lariat Crew Cab Platinum 4WD||$606||$1050||$932||$56||$280||$2,924||$244|
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Data variables include single female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Michigan minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-policy, and multi-vehicle. Price estimates do not factor in your specific Detroit location which can revise insurance rates greatly.
Ratings for Michigan car insurance companies
Ending up with a high-quality car insurance company is hard considering how many companies there are in Michigan. The ranking information displayed below can help you decide which companies to look at when comparing auto insurance rates for a Ford F-150. These rankings only include large nationwide companies, so smaller companies that only insure vehicles in Michigan are not factored into the list.
Top 10 Major Auto Insurance Companies in Detroit Ranked by Claims Service
- Liberty Mutual
- State Farm
- The Hartford
- 21st Century
- Farmers Insurance
Top 10 Major Auto Insurance Companies Overall in Detroit
- The Hartford
- State Farm
- Farmers Insurance
- Safeco Insurance
- 21st Century
- Liberty Mutual
- AAA Insurance
The example below demonstrates how deductible levels can influence insurance costs when trying to find cheap insurance for a Ford F-150. The data assumes a married male driver, full coverage, and no policy discounts are applied.
A 50-year-old driver could lower their car insurance rates by $690 a year by switching the physical damage coverage from a $100 deductible up to a $500 deductible, or save $1,046 by choosing a $1,000 deductible. Even younger drivers, such as the Age 20 example, could possibly save as much as $2,300 or more by choosing a higher deductible.
If you do decide to increase your deductibles, it’s a good idea to have plenty of money set aside to allow you to cover the extra out-of-pocket expense, which is the one inconvenience of using high deductibles.
Car insurance rates are higher with tickets and accidents
The easiest method to maintain affordable car insurance rates in Michigan for a F-150 pickup is to drive attentively and avoid tickets and accidents. The illustration below shows how speeding tickets and at-fault collisions drive up car insurance rates for different categories of driver ages. The data assumes a single female driver, full physical damage coverage, $1,000 deductibles, and no discounts are taken into consideration.
The chart shows that the average cost of an auto insurance policy in Michigan per year with no violations or accidents is $3,471. Get written up for one speeding ticket and the average cost rises to $3,941, an increase of $470 each year. Now get one accident along with the one speeding ticket and the annual cost of car insurance for a Ford F-150 increases to an average of $5,250. That’s an increase of $1,779, or $148 per month, just for not being a responsible driver!
Don’t stick with an overpriced policy
Michigan car insurance rates are influenced by many factors that will increase or decrease the price of coverage. Simply improving your credit, buying a home instead of renting, or getting caught speeding may generate price changes resulting in some rates now being cheaper than before.
Also, insurers change prices every year in order to protect their financial rating. Heavier than normal losses may cause a rate increase, while lower claim levels can produce lower-priced F-150 insurance rates.
To illustrate this point, the data below compares the cheapest car insurance in Detroit, MI for a 40-year-old female driver with a good driving record, no prior claims, and good credit. If we estimate prices based on her personal profile, USAA might quote the lowest car insurance rates in Detroit at $2,211 per year. This is $182 less than the average price paid by Michigan drivers of $2,393. GEICO, Safeco, MetLife, and Chubb are the remaining most affordable Detroit, MI auto insurance companies.
The next chart shows rates after we give the driver from the above example a claim or two, a little lower credit rating, and an imperfect driving record. Since each insurance company uses their own method to set their prices, comparing prices could now result in a completely different list of affordable Detroit car insurance companies as shown below.
Pioneer State Mutual now has the cheapest price in Detroit with GEICO, Safeco, USAA, and Hastings Mutual also being competitive. This example proves why Detroit drivers need to compare many different companies when trying to find the best insurance rates for a Ford F-150.
Car insurance prices consist of many risk factors and change frequently, so the cheapest company the last time you shopped your coverage around may now be quite expensive.
How to find cheaper auto insurance for a Ford F-150
It is possible to find better rates, and here are some of the recommended thrifty solutions that can help Michigan drivers locate lower-cost car insurance.
- Increase the comprehensive and collision deductibles on your policy
- Save money by only buying liability coverage for older vehicles
- Vehicles with safetly features generally cost less to insure
- Increase your credit rating
- Avoid preventable accidents
- Avoid speeding and other traffic citations and pay less
- Compare rates and switch if you can find a better deal
That last piece of advice is particularly important, as was pointed out in this write-up. Coverage prices fluctuate constantly, so drivers shouldn’t hesitate to switch carriers if you find a better deal. Staying with the same company for years is fine, but it’s not a great idea if that loyalty ends up costing a lot of money every month. In less than five minutes you could compare prices to find cheaper car insurance for a Ford F-150 in Detroit.
The insurance agents in Detroit listed below are a good start to help you decide which coverages and limits you need, since some drivers wish to have professional advice when shopping for cheaper insurance for a F-150 pickup. It can be challenging to find coverage yourself, and professional agents can give you satisfaction knowing your coverage gives you adequate coverage if you have an accident or claim.
To find a Detroit insurance agent near you, click the button following the list or click here to compare rates now.
- Cosby Insurance Agy and Financial Services
10140 W McNichols Rd – Detroit, MI 48221 – (313) 864-3285
- PD Dandnaik – State Farm Insurance Agent
W, 7725 Vernor Hwy – Detroit, MI 48209 – (313) 554-1500
- L.A. Insurance Agency 150
14701 Mack Ave – Detroit, MI 48215 – (313) 884-8888
- Tony Massey – State Farm Insurance Agent
15 E Kirby St #112 – Detroit, MI 48202 – (313) 873-3334
- L.A. Insurance Agency
15607 Grand River Ave – Detroit, MI 48227 – (313) 835-4000