Ford F-150 Lightning Insurance Rates

U.S. average auto insurance rates for a Ford F-150 Lightning are $1,736 annually for full coverage. Comprehensive insurance costs approximately $332 each year, collision insurance costs $668, and liability costs around $536. Buying just liability costs as low as $606 a year, and insurance for high-risk drivers costs $3,782 or more. Teenage drivers pay the highest rates at up to $6,586 a year.

Average premium for full coverage: $1,736

Price estimates by individual coverage:

Rate estimates include $500 policy deductibles, 30/60 liability limits, and includes additional medical/uninsured motorist coverage. Estimates are averaged for all states and F-150 Lightning models.

Price Range from Low to High

Geographic Price Range

Where you live can make a big difference on car insurance rates. Rural locations have fewer accident claims than densely populated cities. The graphic below illustrates the effect of geographic area on auto insurance prices.

The ranges above show why all drivers should compare prices using their specific location and their own personal driving habits, instead of making a decision based on average rates.

Use the form below to get customized rates for your location.

Additional Rate Analysis

The chart below shows average Ford F-150 Lightning insurance rates for additional coverage and risk scenarios.

• The best discount rate is $994
• Using higher $1,000 deductibles will save $226 a year
• The estimated rate for the average middle-age driver who chooses $500 deductibles is $1,736
• Using low deductibles for physical damage coverage costs an additional $446 annually
• High-risk insureds who are prone to accidents and violations could pay around $3,782
• The price with full coverage for a 16-year-old driver can cost $6,586 or more

Insurance prices for a Ford F-150 Lightning are also quite variable based on the trim level and model year, your driver profile, and physical damage deductibles and liability limits.

More mature drivers with no violations or accidents and high physical damage deductibles may pay as low as $1,600 a year for full coverage. Prices are much higher for teenage drivers, where even without any violations or accidents they should be prepared to pay in the ballpark of $6,500 a year. View Rates by Age

If you have some driving violations or you caused a few accidents, you could be paying anywhere from $2,100 to $2,900 additional each year, depending on your age. Insurance for high-risk drivers can be from 44% to 135% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles could cut prices by as much as $680 annually, whereas increasing liability limits will push prices upward. Going from a 50/100 bodily injury limit to a 250/500 limit will increase prices by as much as $483 more each year. View Rates by Deductible or Liability Limit

The state you live in has a huge impact on Ford F-150 Lightning insurance prices. A driver around age 40 might see prices as low as $1,150 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $2,470 on average in New York, Louisiana, and Michigan.

How to Buy the Best Ford F-150 Lightning Insurance

Getting lower rates on insurance for a Ford F-150 Lightning requires being a good driver, having good credit, eliminating unnecessary coverage, and consideration of higher deductibles. Take the time to compare rates at every policy renewal by obtaining price quotes from direct carriers like GEICO, Progressive, and Esurance, and also from several local insurance agents.

The following list is a brief recap of the data covered in the above illustrations.

• Insureds who purchase an increased level of liability coverage will pay an extra $590 each year to increase from a low limit to higher 250/500 limits
• Drivers can save around $210 per year just by quoting online in advance
• Increasing physical damage deductibles could save up to $675 each year
• Drivers age 16 to 20 are the costliest to insure, with premiums as much as $549 a month if they have full coverage