Purchasing discount Colorado Springs Ford F-150 insurance quotes online might appear somewhat intimidating for beginners to shopping for insurance on the web. With more and more companies in the marketplace, how can Colorado Springs drivers have a chance to compare each option to find the cheapest available price?
Steps to finding more affordable Ford F-150 insurance in Colorado Springs
The easiest way to find better pricing on Ford F-150 insurance is to compare quotes once a year from different companies who provide auto insurance in Colorado Springs.
- Try to comprehend the coverage provided by your policy and the factors you can control to drop your rates. Many things that result in higher rates such as traffic citations, accidents, and a less-than-favorable credit rating can be rectified by making lifestyle changes or driving safer.
- Request price quotes from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can provide rates from a single company like GEICO and State Farm, while agents who are independent can provide prices for a wide range of companies.
- Compare the quotes to your current policy premium to see if you can save by switching companies. If you find a better price and switch companies, ensure there is no coverage lapse between policies.
- Notify your agent or company to cancel the current policy. Submit a completed application and payment for your new coverage. Don't forget to place the new certificate verifying coverage along with the vehicle's registration papers.
The most important part of this process is that you'll want to compare the same amount of coverage on each price quote and and to get rate quotes from all possible companies. Doing this enables the most accurate price comparison and many rates to choose from.
It's a fact that insurance companies don't want policyholders to compare prices from other companies. Insureds who shop around for cheaper rates are inclined to move their business because they have a good chance of finding a cheaper policy. A recent study showed that people who compared prices once a year saved approximately $860 a year compared to those who never shopped around.
If saving money on insurance is your ultimate objective, then understanding how to get rate quotes and compare cheaper coverage can make the process less intimidating.
It's a good idea to do rate comparisons occasionally since insurance rates are constantly changing. If you had the best deal on Ford F-150 insurance in Colorado Springs two years ago there may be better deals available now. Block out anything you think you know about auto insurance because you're about to find out the tricks you need to know to find better coverage on Ford F-150 insurance in Colorado Springs at a better price.
Choosing the most cost-effective auto insurance policy in Colorado Springs can be made easier if you know where to look. In essence, every driver who needs cheaper auto insurance will most likely be able to reduce their rates. Although Colorado consumers benefit from understanding how companies sell insurance online and take advantage of how the system works.
It's important to know that comparing more rates from different companies will improve the odds of getting the best rates. Some regional insurers cannot provide Colorado Springs F-150 insurance quotes online, so it's important to also get price quotes from them as well.
The providers in the list below are our best choices to provide comparison quotes in Colorado Springs, CO. If your goal is to find cheaper car insurance in Colorado Springs, we suggest you get rate quotes from several of them in order to get a fair rate comparison.
Statistics and details
The price information displayed below showcases different prices for Ford F-150 models. Learning a little about how auto insurance policy rates are figured can be useful when making informed decisions when shopping around for a new policy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|F-150 XL Regular Cab 2WD||$112||$154||$330||$20||$98||$714||$60|
|F-150 STX Regular Cab 2WD||$112||$196||$330||$20||$98||$756||$63|
|F-150 XL Super Cab 2WD||$112||$196||$330||$20||$98||$756||$63|
|F-150 XLT Regular Cab 2WD||$112||$196||$330||$20||$98||$756||$63|
|F-150 STX Super Cab 2WD||$112||$196||$330||$20||$98||$756||$63|
|F-150 XL Crew Cab 2WD||$130||$196||$330||$20||$98||$774||$65|
|F-150 XLT Super Cab 2WD||$130||$196||$330||$20||$98||$774||$65|
|F-150 STX Regular Cab 4WD||$130||$196||$330||$20||$98||$774||$65|
|F-150 XL Regular Cab 4WD||$130||$196||$330||$20||$98||$774||$65|
|F-150 FX2 Super Cab 2WD||$130||$196||$330||$20||$98||$774||$65|
|F-150 XLT Crew Cab 2WD||$130||$196||$330||$20||$98||$774||$65|
|F-150 XL Super Cab 4WD||$130||$196||$330||$20||$98||$774||$65|
|F-150 XLT Regular Cab 4WD||$130||$196||$330||$20||$98||$774||$65|
|F-150 XL Crew Cab 4WD||$146||$196||$330||$20||$98||$790||$66|
|F-150 STX Super Cab 4WD||$146||$196||$330||$20||$98||$790||$66|
|F-150 XLT Super Cab 4WD||$146||$196||$330||$20||$98||$790||$66|
|F-150 FX2 2WD||$146||$238||$330||$20||$98||$832||$69|
|F-150 Lariat Super Cab 2WD||$146||$238||$330||$20||$98||$832||$69|
|F-150 Lariat Crew Cab 2WD||$146||$238||$330||$20||$98||$832||$69|
|F-150 FX4 Super Cab 4WD||$146||$238||$330||$20||$98||$832||$69|
|F-150 XLT Crew Cab 4WD||$146||$238||$330||$20||$98||$832||$69|
|F-150 FX4 4WD||$146||$238||$330||$20||$98||$832||$69|
|F-150 Lariat Crew Cab 4WD||$146||$238||$330||$20||$98||$832||$69|
|F-150 SVT Raptor Super Cab 4WD||$146||$238||$330||$20||$98||$832||$69|
|F-150 Lariat Super Cab 4WD||$146||$238||$330||$20||$98||$832||$69|
|F-150 Lariat Crew Cab Platinum 2WD||$146||$282||$330||$20||$98||$876||$73|
|F-150 Lariat Crew Cab Harley 2WD||$146||$282||$330||$20||$98||$876||$73|
|F-150 Lariat King Ranch 2WD||$146||$282||$330||$20||$98||$876||$73|
|F-150 Lariat King Ranch 4WD||$162||$282||$330||$20||$98||$892||$74|
|F-150 Lariat Crew Cab Harley 4WD||$162||$282||$330||$20||$98||$892||$74|
|F-150 Lariat Crew Cab Platinum 4WD||$162||$282||$330||$20||$98||$892||$74|
|Get Your Own Custom Quote Go|
Data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Colorado minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, safe-driver, and homeowner. Price information does not factor in vehicle location which can lower or raise coverage rates significantly.
Does full coverage make sense?
The example below shows the difference between Ford F-150 insurance premiums with and without full coverage. The premium estimates are based on no claims or violations, $100 deductibles, marital status is single, and no other discounts are factored in.
Are you wasting money on full coverage?
There is no definitive guideline for eliminating physical damage insurance, but there is a general convention. If the annual cost of coverage is more than about 10% of the replacement cost of your vehicle minus the policy deductible, then it might be time to buy liability only.
For example, let's assume your Ford F-150 replacement cost is $8,000 and you have $1,000 policy deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $7,000 after paying the physical damage deductible. If you are paying in excess of $700 a year for your policy with full coverage, then you may want to consider only buying liability coverage.
There are some circumstances where removing full coverage is not recommended. If you haven't paid off your loan, you have to maintain full coverage to protect the lienholder's interest in the vehicle. Also, if you can't afford to buy a different vehicle in the event your current vehicle is totaled, you should keep full coverage.
Choosing vehicle insurance is an important decision
Even though it's not necessarily cheap to insure a Ford in Colorado Springs, insurance serves several important purposes.
First, almost all states have minimum liability requirements which means you are required to carry a minimum amount of liability coverage in order to get the vehicle licensed. In Colorado these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
Second, if you bought your car with a loan, most lenders will require that you have comprehensive coverage to ensure the loan is repaid in case of a total loss. If you do not pay your insurance premiums, the lender may have to buy a policy to insure your Ford for a much higher rate and require you to pay for it.
Third, insurance protects both your Ford F-150 and your personal assets. It will also provide coverage for hospital and medical expenses that are the result of an accident. Liability coverage, the one required by state law, will also pay to defend you in the event you are sued. If your vehicle suffers damage from an accident or hail, your insurance policy will cover the repair costs.
The benefits of buying insurance greatly outweigh the cost, particularly if you ever have a claim. According to a 2015 survey, the average American driver overpays more than $830 a year so compare quotes from several companies every year to ensure rates are competitive.
Ford F-150 Insurance Cost Factors
Multiple criteria are considered when pricing auto insurance. Some are pretty understandable such as traffic violations, although others are less obvious such as your marital status and annual miles driven.
The items below are a few of the "ingredients" used by companies to determine your rate level.
Better drivers pay less - Having a single speeding ticket or other violation may increase your cost forty percent or more. Careful drivers have lower premiums compared to drivers with tickets. Drivers who get careless violations such as DUI or reckless driving may need to file a SR-22 with the DMV in their state in order to continue driving.
The illustration below highlights how traffic violations and at-fault fender-benders can impact Ford F-150 premium costs for each age group. The premiums assume a married male driver, full coverage, $1,000 deductibles, and no discounts are applied.
Optional features that cut insurance rates - Owning a car with an alarm system can save you a little every year. Theft deterrent systems like vehicle immobilizer systems, OnStar, and tracking devices like LoJack all help prevent your vehicle from being stolen.
What's your car's IIHS safety rating? - Cars with high safety ratings tend to be cheaper to insure. These vehicles reduce occupant injuries and fewer serious injuries means lower claim amounts and thus lower rates. If the Ford F-150 is rated at least an "acceptable" rating on the Insurance Institute for Highway Safety website it may be receiving lower rates.
Drive lots and pay more - The higher the mileage driven in a year's time the more you'll pay to insure it. The majority of insurers calculate rates determined by how the vehicle is used. Cars used primarily for pleasure use receive lower rates compared to those used for work or business. Verify your policy correctly shows the proper vehicle usage. A policy that improperly rates your F-150 may be costing you higher rates.
Insurance losses for a Ford F-150 - Auto insurance companies analyze claim trends for every vehicle to calculate a price that will offset any claims. Models that the data determines to have a trend towards higher claims will be charged more to insure. The table below illustrates the insurance loss data for Ford F-150 vehicles.
For each policy coverage type, the statistical loss for all vehicles averaged together is set at 100. Values under 100 imply a favorable loss record, while percentages above 100 point to more losses or an increased probability of a larger loss.
|Vehicle 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
Get cheaper Ford F-150 insurance rates in Colorado Springs
Insurance is easily one of your largest bills, but there could be significant discounts to help offset the cost. Larger premium reductions will be automatically applied when you purchase, but lesser-known reductions have to be specifically requested before you get the savings.
- Policy Bundle Discount - If you insure your home and vehicles with the same company you will save nearly 15% which can help you find affordable Ford F-150 insurance rates in Colorado Springs.
- Buy New and Save - Buying a new car instead of a used F-150 can be considerably cheaper because new vehicles are generally safer.
- Discount for Passive Restraints - Options like air bags and/or automatic seat belt systems may qualify for discounts of up to 25% or more.
- Senior Citizens - Drivers over the age of 55 can get a slight reduction on a Colorado Springs car insurance quote.
- Life Insurance - If the company offers life insurance, you could get a lower price if you buy life insurance from them.
- Accident Forgiveness - This one isn't a discount, but some companies like GEICO, Allstate and Liberty Mutual allow you one accident before raising your premiums if you are claim-free for a set time period.
As a footnote on discounts, some credits don't apply to all coverage premiums. Most cut the price of certain insurance coverages like liability and collision coverage. Just because you may think you would end up receiving a 100% discount, you aren't that lucky.
The example below illustrates the difference between Ford F-150 premium costs with and without discounts applied to the rates. The premiums assume a male driver, a clean driving record, no claims, Colorado state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, safe-driver, multi-car, homeowner, marriage, and claim-free discounts applied.
Some companies that have most of the discounts above include:
When getting a coverage quote, ask all companies you are considering the best way to save money. Some discounts might not be offered in Colorado Springs. If you would like to view providers that offer some of these discounts in Colorado Springs, click here.
Insurance quotes from local Colorado Springs insurance agents
Certain consumers still prefer to visit with an insurance agent and we recommend doing that A nice benefit of comparing rates online is you may find cheap insurance quotes but still work with a licensed agent.
After completing this short form, the coverage information gets sent to local insurance agents that can provide free Colorado Springs car insurance quotes and help you find cheaper coverage. It simplifies rate comparisons since you won't have to contact any insurance agencies since rate quotes are delivered instantly to you. You can find the lowest rates without a big time investment. If you need to get a comparison quote from one company in particular, you can always visit that company's website to submit a rate quote request.
Choosing an company should depend on more than just the quoted price. Here are some questions you should ask.
- Are they able to provide referrals?
- Do they offer claims assistance after hours?
- Will the company cover a rental car if your car is getting fixed?
- What insurance companies do they recommend if they are an independent agent?
- Are aftermarket or OEM parts used to repair vehicles?
If you're trying to find a local Colorado Springs insurance agency, it can be helpful to understand the different types of agencies and how they function. Agents are considered either exclusive or independent (non-exclusive).
Exclusive Insurance Agencies
Agents in the exclusive channel have only one company to place business with and examples are Allstate, State Farm and Farmers Insurance. These agents are not able to compare rates from other companies so they are skilled at selling on more than just price. They are very knowledgeable on their products and sales techniques which helps them compete with independent agents. Consumers sometimes use the same exclusive agent mainly due to the brand name instead of buying on price only.
Shown below is a short list of exclusive insurance agents in Colorado Springs who may provide you with price quotes.
- American Family Insurance - Mario Aragon Agency Inc.
1135 E Fillmore St - Colorado Springs, CO 80907 - (719) 570-0707 - View Map
- Farmers Insurance - Michael Hendrickson
24 S Weber St #135 - Colorado Springs, CO 80903 - (719) 572-5938 - View Map
- Aileen Baldwin - State Farm Insurance Agent
540 W Garden of the Gods Rd - Colorado Springs, CO 80907 - (719) 599-9044 - View Map
Independent Agencies or Brokers
Independent insurance agents often have many company appointments and that gives them the ability to insure with a variety of different insurance companies depending on which coverage is best. If they find a lower price, your policy is moved internally without you having to go to a different agency. If you are trying to find cheaper rates, you will want to get quotes from independent agents so that you can do a thorough price comparison. Many write coverage with companies that do not advertise much that many times have cheaper rates.
Listed below are Colorado Springs independent insurance agents that are able to give comparison quotes.
- CIA-Leavitt Insurance Agency
5585 Erindale Dr #107 - Colorado Springs, CO 80918 - (719) 528-1884 - View Map
- WIN Insurance Agency
3485 Academy Blvd N Ste 101 - Colorado Springs, CO 80917 - (719) 599-9494 - View Map
- Benson Insurance Group, LLC
5155 N Academy, #110 - Colorado Springs, CO 80918 - (719) 622-3079 - View Map
Compare but don't skimp
In this article, we presented a lot of tips how to get a better price on Ford F-150 insurance in Colorado Springs. The key concept to understand is the more price quotes you have, the better your chances of lowering your auto insurance rates. Consumers may even find the biggest savings come from a smaller regional carrier.
When buying insurance coverage, it's a bad idea to skimp on coverage in order to save money. There are a lot of situations where an accident victim reduced comprehensive coverage or liability limits and learned later that it was a big mistake. Your strategy should be to purchase plenty of coverage at the lowest possible cost, but don't skip important coverages to save money.
Insureds who switch companies do it for any number of reasons including delays in responding to claim requests, policy cancellation, being labeled a high risk driver and unfair underwriting practices. No matter why you want to switch, finding the right car insurance provider is not as hard as you think.
How to buy low-cost Ford F-150 insurance in Colorado Springs
If you want to save money, the best way to get low-cost Ford F-150 insurance is to begin comparing prices regularly from insurers that insure vehicles in Colorado Springs.
First, it will benefit you to learn about how auto insurance works and the things you can change to lower rates. Many policy risk factors that result in higher prices such as at-fault accidents, speeding tickets, and bad credit can be improved by making small lifestyle or driving habit changes.
Second, quote rates from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can only quote rates from one company like Progressive or Allstate, while agents who are independent can provide price quotes from multiple companies.
Third, compare the new rate quotes to your existing rates to determine if switching companies saves money. If you can save some money and decide to switch, make sure coverage is continuous and does not lapse.
Fourth, notify your agent or company to cancel your current policy. Submit a signed application and payment to your new agent or company. As soon as you receive it, keep your new certificate verifying proof of insurance in your vehicle's glove compartment or console.
An important part of this process is to make sure you're comparing the same coverage limits and deductibles on each quote request and to quote with as many car insurance companies as possible. This provides a fair rate comparison and the most accurate and complete price analysis.
Additional information is located at these links:
- Vehicle Insurance in the U.S. (Wikipedia)
- How Much is Colorado Springs Auto Insurance for Seniors? (FAQ)
- Who Has the Cheapest Auto Insurance Rates for a Jeep Wrangler in Colorado Springs? (FAQ)
- How Much are Car Insurance Quotes for a Subaru Outback in Colorado Springs? (FAQ)
- How Much is Colorado Springs Car Insurance for Ride Shares? (FAQ)
- Parking Tips to Reduce Door Dings (State Farm)
- Auto Crash Statistics (Insurance Information Institute)
- Frontal Crash Tests (iihs.org)