Ford F-150 insurance rates

What does Ford F-150 insurance cost?

Introduced in 1947, the Ford F-150 is one of the best-selling vehicles in North America and is widely considered the best all-purpose pickup truck on the market. Pricing starts at $31,429 but can quickly exceed $60,000 depending on your choice of model and build options.

The average cost of auto insurance for a Ford F-150 is $238 a month or $2,856 a year. The annual insurance cost–to–base car price ratio is 9.1%. Your actual cost might be different, as the price of auto insurance is influenced by a number of driver, location and vehicle-specific factors.

Compare free Ford F-150 insurance quotes online

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Name	Product	Accident Forgiveness	Min. Liability Coverage	Discounts Available	Online Claims	Available Provinces
Surex Auto Insurance		Yes	$1,000,000	Up to 25%		Alberta, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, PEI, Yukon	Submit one application and receive quotes from 10+ insurers. Save up to 25% on your car insurance, plus get access to an insurance advisor. Who it might be good for: Drivers looking to use an insurance broker to compare multiple pricing and coverage options.	Get a quoteMore Info Compare	loading Fetching your data...
Aviva Car Insurance		Yes	$1,000,000	Up to 25%		Alberta, Northwest Territories, Nova Scotia, Nunavut, Ontario, Yukon	Aviva car insurance offers customizable policies, discounts and optional insurance coverage add-ons. Get a free quote through Surex. Who it might be good for: Drivers looking to customize their auto policy.	Get a quoteMore Info Compare	loading Fetching your data...
Travelers Car Insurance		Yes	$1,000,000	Up to 25%		Alberta, Northwest Territories, Nova Scotia, Nunavut, Ontario, Yukon	Travelers auto insurance offers a selection of coverage options for just about any type of vehicle. Get a free quote through Surex. Who it might be good for: Drivers looking to get car, motorcycle, classic car, motorhome or recreational vehicle coverage.	Get a quoteMore Info Compare	loading Fetching your data...

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Ford car insurance rates by model

You can see how the cost of insuring a Ford F-150 compares to other Ford models in the table below.

• How we got these rates

  To determine our estimated cost, we aggregated quotes from insurance companies using this profile:

  • Latest model vehicle with a basic trim
  • 20,000 km driven yearly
  • 35-year old female driver living in Ontario
  • No accidents, perfect driving record

  Our estimated price is for basic, mandatory coverage.

  Other factors that can affect your auto insurance rate

  • The Ford’s model year
  • The vehicle’s trim
  • The amount of coverage you need
  • The estimated kilometres you drive in a year
  • The vehicle’s safety and anti-theft features
  • The driver’s credit score
  • The driver’s location
  • The driver’s age
  • The driver’s driving history in the past 5 years
  • The driver’s marital status
  • The driver’s gender
  • Whether the driver rents, leases or owns the vehicle

How to compare insurance for the Ford F-150

Auto insurance can be expensive if you don’t know what to look for. And besides, nobody likes paying for something they hope to never use. But the reality is that auto insurance is mandatory in every province, not to mention that the right coverage can provide peace of mind and protection that you can’t get anywhere else. So while you can’t avoid buying coverage, there are ways you can reduce the cost. Here are a few factors to consider when comparing your options.

• Price. Every provider claims to have the best price, which isn’t always accurate since coverage can vary between policies. Use the same vehicle and driver information when getting quotes in order to compare prices on similar coverage.
• Deductible. Since your deductible can influence the cost of your premiums, you’ll want to choose an amount that fits your monthly budget but won’t be an issue if you need to file a claim.
• Minimum coverage. Every province has different requirements for minimum coverage. Be sure that your provincial minimums are met before committing to a policy.
• Additional coverage. Some providers offer additional coverage options like medical payments coverage or personal injury protection. Be sure to include any desired options when getting quotes.
• Extras. Find out what features are included with your policy and what other extras are available. Accident forgiveness and vanishing deductible are two of the many options you may come across.
• Restrictions. Find out if any restrictions apply to your policy to avoid gaps in coverage or denied claims.
• Manufacturer offer or loyalty discount. Ask your dealership if you are eligible for any manufacturer offers or loyalty programs.
• Warranty. Find out what’s covered by your manufacturer or extended warranty to avoid paying for overlapping coverage.

What factors affect Ford F-150 insurance rates?

While driver and location-specific factors can influence your risk of getting into an accident, the vehicle you drive plays a much larger role. And since insurance providers calculate your premiums according to your chance and cost of filing claims, your choice of make and model will directly affect the price of coverage. Here’s how the Ford F-150 measures up:

• Body type. The F-150 is a rock-solid four-door pickup that would hold up well in an accident. This could decrease the cost of coverage.
• Type of car. Pickups are generally designed for hauling cargo, towing, offroading and other activities that could be harder on the vehicle. Because of this, insurance premiums are usually higher.
• Theft. The Ford F-Series pickups are some of the most frequently stolen vehicles around, which might make them more expensive to insure.
• Repairs. While repairs should be affordable, pickups are often subject to heavy use and may require more frequent repairs, which could raise the cost of insurance.
• Safety ratings. The F-150 has great safety ratings and a durable design that would protect passengers in the event of an accident. This could help reduce the cost of coverage.
• Fuel type. The F-150 is available in both gas and diesel, though the gas model should be cheaper to insure.
• Trim & packages. Choosing trim or packages that increase power could lead to more expensive insurance. However, adding features that improve safety or visibility could reduce your premiums.

Ford F-150 money-saving safety features

You could save money on car insurance for your Ford F-150 if it comes equipped with these safety features.

• Airbags
• Anti-lock brakes
• Anti-theft device
• Parking sensors
• Surround view camera system
• Daytime running lights
• Electronic stability control
• Seatbelt pretensioners
• Rear backup sensors
• Lane-departure warning systems
• Adaptive cruise control

Does the Ford F-150 qualify for auto insurance discounts?

Your vehicle may be eligible for various auto insurance discounts depending on which provider you choose. However, the exact discounts you receive may vary depending on location, provider, options, and other factors. Here are a few that should apply to the Ford F-150:

• New car discount
• Anti-lock brake discount
• Anti-theft discount
• Passive restraint discount (Airbags, motorized seat belts, etc.)
• Emergency roadside assistance discount

Ford F-150 safety & reliability ratings

The 2020 Ford F-150 holds mostly good safety ratings from the IIHS.

The 2020 Ford F-150 has an excellent 86/100 star reliability rating from J.D. Power. That said, your experience may vary depending on your choice of model and the way you drive it.

Ford F-150 maintenance

The F-150 is a heavy-duty vehicle that’s designed to handle almost anything you put it through. Since it’s often used as a work truck, the F-150 is quite reliable and requires little maintenance to keep it on the roads. However, considering that it may be subject to heavier use than other vehicles, it’s important to stick to a routine maintenance schedule. Here’s what to expect:

• While newer F-150s are equipped with an Intelligent Oil Life Monitor to tell you when to change the oil, Ford generally recommends an oil change every 8,000-16,000 kilometres. That being said, vehicles that undergo heavy use should have the oil changed more frequently.
• Oil changes should cost between $100 and $200, but your price may vary depending on where you have it serviced.
• Consult your owners manual for more details on the service schedule for the Ford F-150.

Is an extended warranty worth it for the Ford F-150?

The F-150 comes with a standard three-year/60,000-kilometre limited warranty and five-year/100,000 kilometre powertrain warranty. New vehicles can also include five years/100,000 kilometre of corrosion protection and roadside assistance.

Ford offers a range of extended service plans that serve the same purpose as an extended warranty. Coverage varies depending on the plan you choose, but all options are designed to cover the cost of unexpected repairs. They include OEM part replacements, service by licensed Ford technicians, 24-hour roadside assistance and a rental vehicle allowance.

Bottom line

Designed as a durable but comfortable all-purpose pickup truck, the F-150 has become the best selling vehicle in the country. Equipped with a number of safety features and crash test ratings, you should have no trouble finding coverage for the F-150. Explore insurance rates to find the best deal for you.

Frequently asked questions about Ford F-150 insurance

• What is the best auto insurance provider for the Ford F-150?

  There is no single best provider for the F-150, but with its great safety ratings, you should have no problem finding coverage from any major provider. Make sure to use the same driver and vehicle details for each quote in order to accurately compare your options.

• How do I get the best auto insurance rates for the Ford F-150?

  The F-150 is considered a very safe vehicle thanks to its standard safety features and great crash test ratings. While the more powerful models might be more expensive to insure, the safety features included on every model may be eligible for discounts. Speak with your provider to find out if any auto insurance discounts apply to your vehicle, then compare your options to find out which one offers the best price..

• How do I find out my province's minimums for car insurance?

  You can learn more about provincial minimums here, by selecting your province or territory in the top right hand corner. Or you can speak with your provider to find a policy that suits your needs. When shopping around, it’s essential to find a policy that fits into your budget but also fulfills your provincial minimum requirements.

Written by

Peter Carleton

Writer

Peter Carleton is a freelance writer that covers banking and investing, breaking down what you need to know about where you put your money. When Peter's not thinking about cutting-edge banking apps and robo-advisors, he runs a creative agency and spends his spare time cooking or reading. See full bio

Co-written by

Jaclyn Hurst

Associate Publisher, Investments

Jaclyn Hurst was an associate publisher at Finder. She has a Bachelor’s degree in Business from Redeemer University and a University Certificate in Management Foundations from Athabasca University. She’s as passionate about business and finance as she is about the great Canadian outdoors, organic Sumatra coffee and music. See full bio