Insurance rates Ford F-150 in MinneapolisThere isn't anyone who anticipates paying for insurance, especially when they could find lower prices if they just compared rates.

Surprisingly, a recent survey revealed that the majority of drivers kept their coverage with the same insurance company for at least the last four years, and almost 40% of drivers have never compared rates to find affordable insurance. Minneapolis drivers could save almost $1,000 a year just by shopping around, but most just don't grasp the actual amount they would save if they swap their current policy for a cheaper one.

Vehicle owners have so many auto insurance companies to pick from, and although it's nice to have a selection, too many choices makes it more difficult to locate the cheapest rates for Ford F-150 insurance in Minneapolis.

Finding the cheapest insurance coverage in Minneapolis is not rocket science. Practically every driver who needs cheaper insurance most likely will find better rates. Although Minnesota car owners do need to learn the way insurance companies calculate your insurance rates and use it to your advantage.

Low-cost companies for Ford F-150 insurance

The car insurance companies shown below have been selected to offer price comparisons in Minnesota. If multiple companies are listed, we suggest you get rate quotes from several of them to find the most competitive car insurance rates.

Ford F-150 Insurance Cost Estimates in Minneapolis, MN
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
F-150 XL Regular Cab 2WD $208 $260 $324 $20 $96 $908 $76
F-150 STX Regular Cab 2WD $166 $288 $304 $18 $92 $868 $72
F-150 XL Super Cab 2WD $150 $268 $358 $22 $108 $906 $76
F-150 XLT Regular Cab 2WD $114 $220 $358 $22 $108 $822 $69
F-150 STX Super Cab 2WD $168 $268 $324 $20 $96 $876 $73
F-150 XL Crew Cab 2WD $236 $384 $412 $24 $124 $1,180 $98
F-150 XLT Super Cab 2WD $172 $282 $358 $22 $108 $942 $79
F-150 STX Regular Cab 4WD $152 $214 $318 $18 $94 $796 $66
F-150 XL Regular Cab 4WD $228 $274 $416 $24 $124 $1,066 $89
F-150 FX2 Super Cab 2WD $200 $274 $318 $18 $94 $904 $75
F-150 XLT Crew Cab 2WD $234 $418 $358 $22 $108 $1,140 $95
F-150 XL Super Cab 4WD $222 $312 $326 $20 $98 $978 $82
F-150 XLT Regular Cab 4WD $188 $282 $298 $18 $90 $876 $73
F-150 XL Crew Cab 4WD $134 $182 $304 $18 $92 $730 $61
F-150 STX Super Cab 4WD $238 $332 $358 $22 $108 $1,058 $88
F-150 XLT Super Cab 4WD $352 $406 $416 $24 $124 $1,322 $110
F-150 FX2 2WD $146 $254 $334 $20 $100 $854 $71
F-150 Lariat Super Cab 2WD $224 $334 $318 $18 $94 $988 $82
F-150 Lariat Crew Cab 2WD $146 $254 $358 $22 $108 $888 $74
F-150 FX4 Super Cab 4WD $194 $260 $416 $24 $124 $1,018 $85
F-150 XLT Crew Cab 4WD $204 $306 $326 $20 $98 $954 $80
F-150 FX4 4WD $134 $220 $304 $18 $92 $768 $64
F-150 Lariat Crew Cab 4WD $194 $326 $358 $22 $108 $1,008 $84
F-150 SVT Raptor Super Cab 4WD $238 $410 $298 $18 $90 $1,054 $88
F-150 Lariat Super Cab 4WD $266 $466 $412 $24 $124 $1,292 $108
F-150 Lariat Crew Cab Platinum 2WD $216 $444 $412 $24 $124 $1,220 $102
F-150 Lariat Crew Cab Harley 2WD $146 $300 $334 $20 $100 $900 $75
F-150 Lariat King Ranch 2WD $298 $570 $324 $20 $96 $1,308 $109
F-150 Lariat King Ranch 4WD $184 $300 $324 $20 $96 $924 $77
F-150 Lariat Crew Cab Harley 4WD $216 $384 $334 $20 $100 $1,054 $88
F-150 Lariat Crew Cab Platinum 4WD $352 $486 $416 $24 $124 $1,402 $117
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Prices above based on single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Minnesota minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, multi-vehicle, and claim-free. Premium amounts do not factor in zip code location which can raise or lower rates substantially.

Illustration showing the impact of accidents and violations

The chart below illustrates how speeding tickets and at-fault accidents increase Ford F-150 insurance costs for each different age group. The premiums are based on a married female driver, full physical damage coverage, $1,000 deductibles, and no discounts are factored in.

Lower-cost Minneapolis car insurance rates with discounts

Insurance can be prohibitively expensive, but you might already qualify for some discounts that could help you make your next renewal payment. Many discounts should be triggered at quote time, but some need to be asked about before you will receive the discount. If you do not check that you are getting every discount available, you could be paying more than you need to.Discount car insurance

Discounts save money, but please remember that some of the credits will not apply to the entire cost. Most cut individual premiums such as medical payments or collision. Despite the appearance that you would end up receiving a 100% discount, car insurance companies aren't that generous.

To view car insurance companies who offer car insurance discounts in Minnesota, follow this link.

Five factors that impact insurance prices

Many things are taken into consideration when pricing auto insurance. A few of the factors are predictable such as your driving history, but other factors are not as apparent such as your marital status or your financial responsibility. An important part of buying insurance is that you know the different types of things that help calculate the level of your policy premiums. If you understand what positively or negatively impacts your premiums, this allows you to make educated decisions that will entitle you to lower car insurance prices.

Guys pay more for car insurance - Over time, data shows that men are more aggressive behind the wheel. However, don't assume that females are better at driving than males. Men and women are responsible for at-fault accidents at a similar rate, but the male of the species cause more damage. Not only are claims higher, but men get ticketed for serious violations like driving under the influence (DUI). Young men ages 16 to 20 generally have the highest accident percentage and are penalized with high car insurance rates.

Liability coverage claims can be big - Liability coverage will protect you when you are ruled to be at fault for physical damage or personal injury to other. Your policy's liability insurance provides legal defense which can be incredibly expensive. Liability insurance is pretty cheap compared to comp and collision, so drivers should buy more than the minimum limits required by law.

Accidents can be expensive - Careful drivers get better rates as compared to those with violations. Having just one chargeable violation can bump up the cost by as much as twenty percent. Drivers with careless violations such as DUI, reckless driving or excessive speeding may need to file a SR-22 to the state department of motor vehicles in order to prevent their license from being revoked.

Teen drivers cost more - Inexperience drivers are statistically proven to be inattentive and easily distracted when at the wheel of a vehicle so they pay higher car insurance rates. If you've ever had to add a inexperienced driver onto a policy can really hurt. More experienced drivers are more cautious drivers, tend to cause fewer accidents, and tend to be get fewer driving tickets.

Your career may increase rates - Occupations like judges, air traffic controllers, and emergency personnel tend to have higher premiums than the average policyholder because of high stress levels and extremely grueling work hours. Other occupations like farmers, historians and performers receive lower rates.

Ford F-150 claim probability - Insurers take into consideration historical loss data for every vehicle when setting rates for each model. Models that the statistics show to have increased claim numbers or amounts will cost more for coverage. The table shown below demonstrates the collected loss data for Ford F-150 vehicles.

For each type of coverage, the claim amount for all vehicles averaged together is equal to 100. Percentage numbers below 100 suggest a positive loss record, while numbers shown that are more than 100 point to more frequent losses or a tendency for losses to be larger than average.

Insurance Loss Ratings for Ford F-150 Vehicles

Vehicle 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
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

You are unique and your insurance should be too

When buying the best insurance coverage for your vehicles, there really is not a best way to insure your cars. Your financial needs are unique so your insurance needs to address that.Drive safe and save These are some specific questions may help you determine whether you might need professional guidance.

If you don't know the answers to these questions but a few of them apply, then you may want to think about talking to an agent. If you want to speak to an agent in your area, complete this form or click here for a list of insurance companies in your area.

Exclusive or independent insurance agents

A lot of people would rather sit down with an agent and that is not a bad decision An additional benefit of comparing insurance prices online is that you can obtain cheaper premium rates and also buy local.

Minneapolis insurance agentsOnce you complete this short form, your coverage information is instantly submitted to local insurance agents that can give you free Minneapolis car insurance quotes for your coverage. It simplifies rate comparisons since you won't have to drive around because quoted prices will be sent directly to your email. It's the lowest rates without the usual hassles of price shopping. If you want to compare rates for a specific company, you can always jump over to their website to submit a rate quote request.

Selecting a company should include more criteria than just a low price. Here are some questions you might want to ask.

Types of car insurance agents

If you would like to find a local Minneapolis insurance agent, it helps to know the two different agency structures and how they are distinctly different. Car insurance agents may be either independent agents or exclusive agents depending on their employer.

Exclusive Car Insurance Agents

Exclusive insurance agents work for only one company like State Farm, Allstate, or Farmers Insurance. Exclusive agencies are unable to give you multiple price quotes so they really need to provide good service. Exclusive agencies are well trained on their company's products which helps overcome the inability to quote other rates.

The following is a short list of exclusive agencies in Minneapolis who can help you get price quotes.

25 W Diamond Lake Rd - Minneapolis, MN 55419 - (612) 455-4196 - View Map

222 S 9th St #270 - Minneapolis, MN 55402 - (612) 843-8444 - View Map

331 E Lake St - Minneapolis, MN 55408 - (612) 353-6667 - View Map

View more agents

Independent Insurance Agents

Agents that elect to be independent do not write with just one company so they can write business with lots of companies and find the cheapest car insurance rates. If prices rise, your agent can just switch to a different company which is easy for the insured.

When comparison shopping, it's a good idea to check rates from several independent insurance agents to have the most options to choose from.

Listed below are Minneapolis independent agents who can help you get rate quotes.

2520 NE Lowry Ave - Minneapolis, MN 55411 - (612) 284-3227 - View Map

2615 E Franklin Ave - Minneapolis, MN 55406 - (612) 276-7035 - View Map

315 W 46th St - Minneapolis, MN 55419 - (612) 822-7983 - View Map

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Save $431 a year. For real?

Respected companies like State Farm and Allstate consistently run ads on TV and radio. They all seem to make an identical promise about savings if you move your coverage to them. How does every car insurance company sell you cheaper insurance coverage? This is how they do it.

Insurance providers quote their cheapest rates for a prospective insured that earns them the highest profit. For example, a profitable customer may be between the ages of 30 and 50, carries full coverage, and has a high credit rating. A customer getting a price quote who matches those parameters will get the preferred auto insurance rates in Minneapolis and therefore will cut their rates substantially.

Drivers who may not quite match these criteria will see higher rates which leads to business going elsewhere. The ad wording is "people who switch" not "everybody who quotes" save that much when switching. That's why insurance companies can confidently state the savings. This really emphasizes why it is so important to get price quotes at each policy renewal. Because without a comparison, you cannot know which company will fit you best based on your risk profile.

Compare but don't skimp

As you go through the steps to switch your coverage, make sure you don't sacrifice coverage to reduce premiums. Too many times, an insured dropped full coverage only to regret that it was a big error on their part. Your strategy should be to buy the best coverage you can find at the best possible price, but do not sacrifice coverage to save money.

Cheap Ford F-150 insurance in Minneapolis can be sourced on the web and from local agencies, and you need to comparison shop both to get a complete price analysis. A few companies don't offer price quotes online and usually these small insurance companies provide coverage only through independent insurance agents.

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