It's safe to conclude that auto insurance companies don't want you comparing rates. Drivers who shop around for cheaper rates will probably move their business because of the high probability of finding a more affordable policy. A recent survey revealed that drivers who shopped around saved $72 a month compared to those who don't make a habit of comparing rates.
If finding the cheapest price on car insurance is why you're reading this, knowing how to get free comparison quotes and analyze car insurance can help simplify the task of finding more affordable coverage.
It takes a little time, but the best way to get affordable Ford F-150 insurance in Buffalo is to compare prices at least once a year from different companies who provide car insurance in New York.
First, learn about how auto insurance works and the things you can control to keep rates down. Many policy risk factors that result in higher prices like tickets, at-fault accidents, and a poor credit score can be rectified by making minor changes to your lifestyle. Keep reading for the details to help reduce prices and find available discounts that you may qualify for.
Second, compare rates from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only give rate quotes from one company like GEICO and State Farm, while agents who are independent can provide rate quotes from multiple insurance companies. Compare rates
Third, compare the price quotes to your existing rates and see if there is a cheaper rate. If you can save money and switch companies, verify that coverage does not lapse between policies.
Fourth, provide notification to your current company of your intent to cancel your current car insurance policy and submit a completed policy application and payment to your new carrier. As soon as you can, put the proof of insurance paperwork in an accessible location in your vehicle.
One key aspect of rate comparisons is to try to compare identical coverages on every price quote and to quote with all possible companies. Doing this enables a fair rate comparison and plenty of rates choose from.
Keep in mind that comparing all the rates in your area will enable you to find the best price.
The following companies are our best choices to provide free rate quotes in New York. If you want the best cheap auto insurance in Buffalo, it's a good idea that you compare several of them to find the cheapest auto insurance rates.
Ford F-150 insurance statistics and information
The premium information displayed next highlights different insurance rates for Ford F-150 models. Learning how rate quotes are established can help drivers make informed coverage decisions.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|F-150 XL Regular Cab 2WD||$154||$218||$278||$16||$84||$750||$63|
|F-150 STX Regular Cab 2WD||$154||$278||$278||$16||$84||$810||$68|
|F-150 XL Super Cab 2WD||$154||$278||$278||$16||$84||$810||$68|
|F-150 XLT Regular Cab 2WD||$154||$278||$278||$16||$84||$810||$68|
|F-150 STX Super Cab 2WD||$154||$278||$278||$16||$84||$810||$68|
|F-150 XL Crew Cab 2WD||$176||$278||$278||$16||$84||$832||$69|
|F-150 XLT Super Cab 2WD||$176||$278||$278||$16||$84||$832||$69|
|F-150 STX Regular Cab 4WD||$176||$278||$278||$16||$84||$832||$69|
|F-150 XL Regular Cab 4WD||$176||$278||$278||$16||$84||$832||$69|
|F-150 FX2 Super Cab 2WD||$176||$278||$278||$16||$84||$832||$69|
|F-150 XLT Crew Cab 2WD||$176||$278||$278||$16||$84||$832||$69|
|F-150 XL Super Cab 4WD||$176||$278||$278||$16||$84||$832||$69|
|F-150 XLT Regular Cab 4WD||$176||$278||$278||$16||$84||$832||$69|
|F-150 XL Crew Cab 4WD||$198||$278||$278||$16||$84||$854||$71|
|F-150 STX Super Cab 4WD||$198||$278||$278||$16||$84||$854||$71|
|F-150 XLT Super Cab 4WD||$198||$278||$278||$16||$84||$854||$71|
|F-150 FX2 2WD||$198||$338||$278||$16||$84||$914||$76|
|F-150 Lariat Super Cab 2WD||$198||$338||$278||$16||$84||$914||$76|
|F-150 Lariat Crew Cab 2WD||$198||$338||$278||$16||$84||$914||$76|
|F-150 FX4 Super Cab 4WD||$198||$338||$278||$16||$84||$914||$76|
|F-150 XLT Crew Cab 4WD||$198||$338||$278||$16||$84||$914||$76|
|F-150 FX4 4WD||$198||$338||$278||$16||$84||$914||$76|
|F-150 Lariat Crew Cab 4WD||$198||$338||$278||$16||$84||$914||$76|
|F-150 SVT Raptor Super Cab 4WD||$198||$338||$278||$16||$84||$914||$76|
|F-150 Lariat Super Cab 4WD||$198||$338||$278||$16||$84||$914||$76|
|F-150 Lariat Crew Cab Platinum 2WD||$198||$398||$278||$16||$84||$974||$81|
|F-150 Lariat Crew Cab Harley 2WD||$198||$398||$278||$16||$84||$974||$81|
|F-150 Lariat King Ranch 2WD||$198||$398||$278||$16||$84||$974||$81|
|F-150 Lariat King Ranch 4WD||$222||$398||$278||$16||$84||$998||$83|
|F-150 Lariat Crew Cab Harley 4WD||$222||$398||$278||$16||$84||$998||$83|
|F-150 Lariat Crew Cab Platinum 4WD||$222||$398||$278||$16||$84||$998||$83|
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Data assumes married female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and New York minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, claim-free, and multi-policy. Estimates do not factor in your specific Buffalo location which can modify coverage prices considerably.
The information below illustrates how your deductible choice and can affect Ford F-150 insurance premiums for each age group. The rates are based on a married female driver, comp and collision included, and no discounts are applied to the premium.
What Determines Ford F-150 Insurance Rates?
A large part of saving on insurance is knowing the factors that go into determining your premiums. If you have some idea of what determines premiums, this helps enable you to make changes that could result in much lower annual insurance costs. Multiple criteria are used in the calculation when premium rates are determined. Some of the criteria are obvious like a motor vehicle report, but other criteria are not as apparent like your continuous coverage or your vehicle rating.
The itemized list below are some of the most common factors used by insurance companies to determine premiums.
Vehicles with better crash test results cost less to insure - Vehicles with high crash test scores cost less to insure. Highly rated vehicles help reduce the chance of injuries in an accident and any reduction in injury severity means less claims paid and cheaper rates on your policy.
Liability coverage safeguards assets - Your policy's liability coverage is the protection in the event that you are ruled to be at fault for personal injury or accident damage. Your policy's liability insurance provides legal defense coverage to attempt to prove you were not liable. Liability is cheap compared to other policy coverages, so insureds should have plenty of protection for their assets.
How many coverages with the same company - Some insurance companies will award lower prices to policyholders who buy several policies from them. It's known as a multi-policy discount. Discounts can amount to ten or even fifteen percent. Even if you're getting this discount drivers will still want to get quotes from other companies to make sure you are getting the best deal.
Impacts performance impacts auto insurance rates - The type of car you need insurance for makes a huge difference in your car insurance bill. The best insurance prices are generally reserved for the lowest performance passenger cars, but that's not the only thing that factors into the final price.
The following chart uses these assumptions: married male driver age 50, full coverage with $500 deductibles, and no discounts or violations. It shows Ford F-150 insurance rates compared to other models that have different risk factors.
Extra coverages could be costing you - Policies have extra add-on coverages that you can get tricked into buying if you don't pay attention. Coverage for things like roadside assistance, high-cost glass coverage, and motor club memberships may be wasting your money. The coverages may be enticing when discussing your needs, but if you have no use for them remove them from your policy.
Single drivers may pay higher rates - Being married may earn you lower rates when shopping for insurance. Having a significant other translates into being more financially stable and statistics show married drivers tend to file fewer claims.
Insurance prices and driver gender - Statistics show that men are more aggressive behind the wheel. This data doesn't prove that males are worse at driving than females. They both tend to get into accidents in similar percentages, but the males get into accidents with more damage. They also get ticketed for serious violations like DWI (DUI) or reckless driving. Young males are the most expensive to insure and therefore pay the highest rates.
The example below illustrates the difference between Ford F-150 auto insurance rates for male and female drivers. Data assumes no accidents, no driving violations, comp and collision included, $250 deductibles, marital status is single, and no policy discounts are applied.
Driving citations can increase costs - Whether or not you get tickets has a big impact on rates. Drivers who don't get tickets get better rates than their less careful counterparts. Getting just one chargeable violation could increase your next policy renewal by as much as thirty percent. Drivers who have gotten serious citations such as DWI, reckless driving or hit and run convictions may find they need to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to continue driving.
The chart below demonstrates how traffic citations and at-fault claims can impact Ford F-150 insurance rates for different age groups of insureds. The price estimates are based on a single female driver, comprehensive and collision coverage, $250 deductibles, and no other discounts are factored in.
Ford F-150 statistical loss data - Companies take into consideration insurance loss statistics for every vehicle when they file their rates in each state. Models that statistically have higher claim frequency or loss amount will have higher rates for specific coverages. The next table illustrates the actual insurance loss data for Ford F-150 vehicles.
For each coverage type, the claim probability for all vehicles, without regard to make or model, is represented as 100. Numbers that are below 100 indicate a favorable loss history, while values that are above 100 show a trend for more claims or an increased chance of larger losses than average.
|Specific Ford 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
Why insurance is not optional
Even though Buffalo F-150 insurance rates can get expensive, maintaining insurance serves several important purposes.
- Just about all states have compulsory liability insurance requirements which means the state requires a minimum amount of liability in order to drive the car legally. In New York these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you bought your F-150 with a loan, almost every bank will make it mandatory that you carry insurance to ensure the loan is repaid in case of a total loss. If coverage lapses or is canceled, the bank may buy a policy for your Ford at a much higher rate and make you pay much more than you were paying before.
- Insurance protects both your Ford and your personal assets. It will also pay for most medical and hospital costs for you, your passengers, and anyone else injured in an accident. Liability insurance, one of your policy coverages, also pays expenses related to your legal defense if you are named as a defendant in an auto accident. If your car is damaged in a storm or accident, collision and comprehensive (also known as other-than-collision) coverage will pay to repair the damage minus the deductible amount.
The benefits of carrying adequate insurance outweigh the cost, particularly for liability claims. An average driver in America overpays more than $855 a year so it's recommended you shop around at every policy renewal to be sure current rates are still competitive.
Auto insurance company ratings
Ending up with the highest-rated company can be a challenge considering how many companies provide coverage in New York. The ranking data displayed below could help you choose which providers to look at when comparing rate quotes.
Top 10 Buffalo Car Insurance Companies Overall
- The General
- Mercury Insurance
- The Hartford
- State Farm
- Farmers Insurance
- Erie Insurance
- Safeco Insurance
Top 10 Buffalo Car Insurance Companies Ranked by Customer Satisfaction
- The Hartford - 93%
- The General - 91%
- Progressive - 90%
- 21st Century - 89%
- Erie Insurance - 88%
- USAA - 87%
- State Farm - 87%
- Travelers - 87%
- Mercury Insurance - 87%
- Safeco Insurance - 86%