Best Insurance for a Ford F-150 in Anchorage

Are you trying to find more competitive Ford F-150 insurance in Anchorage? Purchasing budget-priced Anchorage Ford F-150 insurance quotes on the web may seem to be problematic for vehicle owners who are new to buying insurance over the internet. When there are so many companies competing online, how can vehicle owners have a chance to compare every possible option in order to find the best price?

Steps to finding cheaper rates for Ford F-150 insurance in Anchorage

If you want to save money, the best way to save on Ford F-150 insurance is to annually compare prices from companies in Anchorage. You can shop around by following these steps.

• Step 1: Get a basic knowledge of auto insurance and the things you can change to prevent high rates. Many things that result in higher rates such as at-fault accidents and poor credit history can be controlled by making small lifestyle or driving habit changes. This article provides more details to find cheap rates and find overlooked discounts.
• Step 2: Quote rates from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can give quotes from a single company like Progressive or Farmers Insurance, while independent agents can give you price quotes from multiple companies. Get quotes now
• Step 3: Compare the price quotes to your current policy premium and determine if cheaper F-150 coverage is available in Anchorage. If you find a lower rate and make a switch, verify that coverage does not lapse between policies.
• Step 4: Give notification to your current company of your decision to cancel the current policy and submit a completed policy application and payment to the new company. Once coverage is bound, put the new certificate verifying coverage in an easily accessible location.

An important note is to make sure you enter the same level of coverage on every quote request and to quote with all possible companies. This ensures a fair rate comparison and the best price selection.

It’s safe to assume that auto insurance companies don’t want you to compare rates. Drivers who get comparison quotes at least once a year are likely to switch to a new company because they have a good chance of finding lower rate quotes. A recent car insurance study discovered that drivers who routinely shopped for cheaper coverage saved as much as $3,450 over four years compared to policyholders who never compared prices.

If saving the most money on Ford F-150 insurance in Anchorage is your goal, knowing how to find and compare insurance coverage can save time and make the process easier.

Auto insurance providers offering competitive rate quotes in Alaska

The auto insurance companies shown below have been selected to offer comparison quotes in Anchorage, AK. If you want to find cheap auto insurance in AK, we recommend you get rate quotes from several of them to get a more complete price comparison.

Data for Ford F-150 insurance

The data table below highlights different insurance coverage prices for Ford F-150 models. Being more informed about how auto insurance prices are formulated helps drivers make smart policy decisions.

Prices based on married female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Alaska minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, multi-vehicle, and claim-free. Rate quotes do not factor in garaging location in Anchorage which can impact coverage prices noticeably.

The chart below shows how different deductible levels and can raise or lower Ford F-150 insurance costs for different ages of insureds. The information is based on a single female driver, comprehensive and collision coverage, and no discounts are taken into consideration.

How accidents and tickets impact rates

The example below shows how violations and at-fault fender-benders can influence Ford F-150 auto insurance rates for different insured age categories. The prices are based on a married female driver, comprehensive and collision coverage, $250 deductibles, and no policy discounts are applied.

Insurance rates based on gender

The illustration below illustrates the difference between Ford F-150 premium costs for male and female drivers. The data assumes no claims or driving violations, comp and collision included, $250 deductibles, marital status is single, and no discounts are applied.

Difference between liability only and full coverage rates

The information below illustrates the comparison of Ford F-150 insurance prices with and without physical damage coverage. The premiums assume a clean driving record, no at-fault accidents, $500 deductibles, marital status is single, and no other discounts are factored in.

When to stop buying physical damage coverage

There isn’t a written rule to drop full coverage, but there is a general guideline. If the yearly cost of full coverage is about 10% or more of replacement cost minus your deductible, then it’s probably a good time to buy liability coverage only.

For example, let’s assume your Ford F-150 replacement value is $8,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, the most you would get paid by your company is $7,000 after you pay the deductible. If you are paying in excess of $700 a year for physical damage coverage, then you might want to consider buying only liability coverage.

There are some conditions where eliminating full coverage is not a good plan. If you haven’t satisfied your loan, you have to maintain full coverage in order to keep the loan. Also, if your emergency fund is not enough to purchase a different vehicle in case of an accident, you should keep full coverage on your policy.

Companies offer many discounts on Ford F-150 insurance in Anchorage

Insuring your vehicles can cost a lot, but you may qualify for discounts to help bring down the price. Certain reductions will be credited at the time you complete a quote, but lesser-known reductions have to be asked about before they will apply. If you’re not getting every credit possible, you are not getting the best rate possible.

• ABS Brakes – Vehicles with ABS and/or traction control prevent accidents and qualify for as much as a 10% discount.
• Driver Education Discount – Cut your cost by having your teen driver enroll and complete driver’s education if it’s offered in school.
• Policy Bundle Discount – If you insure your home and vehicles and insure them both with the same insurance company you could earn a discount of at least 10% off all policies.
• Save over 55 – Seniors may qualify for a small discount on rates.
• Life Insurance Discount – Not all insurance companies offer life insurance, but some may give you a small discount if you purchase some life insurance in addition to your auto policy.
• Club Memberships – Belonging to qualifying clubs or civic groups can get you a small discount on your policy.
• Fewer Miles Equal More Savings – Low annual miles could earn slightly better premium rates than normal.

You should keep in mind that many deductions do not apply to your bottom line cost. Some only reduce individual premiums such as comp or med pay. So even though it sounds like all the discounts add up to a free policy, company stockholders wouldn’t be very happy.

The illustration below visualizes the comparison of Ford F-150 auto insurance rates with and without discounts applied to the premium. Data assumes a female driver, a clean driving record, no at-fault accidents, Alaska 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, homeowner, safe-driver, multi-car, claim-free, and marriage discounts applied.

Some of the larger companies that may offer policyholders most of the discounts above are:

• Progressive
• MetLife
• Mercury Insurance
• Nationwide
• GEICO
• AAA

Before purchasing a policy, check with all the companies the best way to save money. A few discounts may not be offered in Anchorage. To see insurance companies with the best discounts in Alaska, click this link.

Compare rate quotes but work with a local neighborhood Anchorage car insurance agent

Some consumers would prefer to sit down and talk to an agent and that is OK! The best thing about comparing rate quotes online is the fact that drivers can get cheaper prices but also keep your business local. And providing support for local insurance agents is important especially in Anchorage.

To make it easy to find an agent, after completing this short form, your information is submitted to insurance agents in Anchorage who want to provide quotes for your business. It simplifies rate comparisons since you won’t have to leave your computer since rate quotes are delivered to the email address you provide. You can most likely find cheaper rates AND an agent nearby. If you have a need to compare rates from a specific auto insurance provider, feel free to navigate to their website and give them your coverage information.

If you are wanting to find a local insurance agency, it’s important to understand the different types of agents and how they operate. Auto insurance agents can either be independent or exclusive.

Independent Auto Insurance Agencies

These agents are not limited to a single company and that is an advantage because they can write policies with an assortment of companies and find the cheapest rate. If premiums increase, they simply switch companies in-house without you having to go to a different agency.

When comparing rates, we recommend you contact at a minimum one independent agency to have the most options to choose from. They also have the ability to place coverage with smaller regional carriers that can offer cheaper rates than bigger companies.

Below is a small list of independent agencies in Anchorage that may be able to provide comparison quotes.

• Associated Insurance Services
  7125 Old Seward Hwy #203 – Anchorage, AK 99518 – (907) 349-2229 – View Map
• J C Morris Insurance Services
  4011 Arctic Blvd #105 – Anchorage, AK 99503 – (907) 272-2524 – View Map
• Alaskan General Insurance
  1400 W Benson Blvd # 500 – Anchorage, AK 99503 – (907) 297-4500 – View Map

View more agents

Exclusive Auto Insurance Agents

Exclusive agencies work for only one company such as Farmers Insurance, State Farm, or Allstate. They usually cannot shop your coverage around so they are skilled at selling on more than just price. Exclusive agents are well trained on their products and sales techniques and that allows them to sell at a higher price point. Some consumers prefer to buy from exclusive agents mainly due to high brand loyalty rather than having low rates.

Shown below are Anchorage exclusive agents that can give you price quotes.

• Allstate Insurance: William R. McVitty
  550 E Tudor Rd Ste 201 – Anchorage, AK 99503 – (907) 563-9690 – View Map
• State Farm: Todd Jackson
  1330 Huffman Rd Suite E – Anchorage, AK 99515 – (907) 345-0214 – View Map
• Lisa Sanders – State Farm Insurance Agent
  8427 Laviento Dr #201 – Anchorage, AK 99515 – (907) 344-0506 – View Map

View more agents

Finding the right auto insurance agent requires you to look at more than just a cheap quote. The answers to these questions are important, too.

• What are the financial ratings for the companies they represent?
• What are their preferred companies if they are an independent agency?
• Is coverage determined by price?
• Do they have any clout with companies to ensure a fair claim settlement?
• Does the agent have professional designations like CIC, CPCU or AIC?
• Which insurance company do they prefer to write with?
• Is auto insurance their primary focus in Anchorage?
• If you have an accident, will your rates go up?

After getting good feedback and affordable Ford F-150 insurance rates in Anchorage quotes, chances are good that you have found a car insurance agent that is reliable enough to properly service your auto insurance policy.

Coverage specifics

Understanding the coverages of your policy can be of help when determining the best coverages and proper limits and deductibles. The terms used in a policy can be confusing and coverage can change by endorsement.

Liability insurance

Liability insurance protects you from damage that occurs to a person or their property that is your fault. It protects you against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 50/100/25 that means you have $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and $25,000 of coverage for damaged property. Some companies may use a combined limit which provides one coverage limit without having the split limit caps.

Liability coverage pays for claims like loss of income, repair bills for other people’s vehicles, medical services and emergency aid. How much liability should you purchase? That is up to you, but consider buying as high a limit as you can afford. Alaska state minimum liability requirements are 50/100/25 but drivers should carry higher limits.

The illustration below shows why buying low liability limits may not provide adequate coverage.

Uninsured Motorist or Underinsured Motorist insurance

This coverage protects you and your vehicle when other motorists either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants as well as damage to your Ford F-150.

Due to the fact that many Alaska drivers carry very low liability coverage limits (50/100/25 in Alaska), their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea. Normally these coverages are similar to your liability insurance amounts.

Insurance for medical payments

Med pay and PIP coverage reimburse you for expenses for things like EMT expenses, pain medications, chiropractic care and surgery. The coverages can be used in conjunction with a health insurance policy or if you do not have health coverage. Coverage applies to both the driver and occupants and also covers if you are hit as a while walking down the street. PIP is not universally available but can be used in place of medical payments coverage

Comprehensive coverage (or Other than Collision)

This will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things like damage from flooding, a broken windshield, hitting a bird and damage from a tornado or hurricane. The maximum amount your auto insurance company will pay is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Collision coverage

Collision coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision can pay for things like driving through your garage door, crashing into a ditch and colliding with a tree. Collision is rather expensive coverage, so consider dropping it from older vehicles. It’s also possible to increase the deductible on your F-150 to save money on collision insurance.

Shop around and save

As you quote Anchorage car insurance, do not reduce coverage to reduce premium. Too many times, an insured dropped physical damage coverage and discovered at claim time that the few dollars in savings costed them thousands. Your goal should be to find the BEST coverage at the best price, but don’t skip important coverages to save money.

Discount Ford F-150 insurance in Anchorage can be purchased both online and also from your neighborhood Anchorage agents, so you need to quote Anchorage car insurance with both in order to have the best price selection to choose from. There are still a few companies who may not offer online price quotes and many times these smaller providers only sell coverage through local independent agencies.

People switch companies for many reasons like unfair underwriting practices, policy non-renewal, extreme rates for teen drivers and even being labeled a high risk driver. Whatever your reason, switching insurance companies is not as difficult as it may seem.

Steps to saving money on Ford F-150 insurance in Anchorage

Really, the only way to get the cheapest Ford F-150 insurance is to compare quotes once a year from providers who provide car insurance in Anchorage. You can compare prices by following these steps.

1. Try to understand what is in your policy and the steps you can take to prevent expensive coverage. Many risk factors that cause rate increases like high-risk driving behaviors and an imperfect credit history can be controlled by paying attention to minor details.
2. Request rate estimates from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only quote rates from one company like GEICO or State Farm, while independent agencies can provide price quotes for a wide range of insurance providers. View prices
3. Compare the quotes to the premium of your current policy to see if a cheaper rate is available in Anchorage. If you can save some money, make sure there is no lapse between the expiration of your current policy and the new one.

The critical component of shopping around is that you use the same liability limits and deductibles on every quote request and and to get quotes from as many different companies as possible. This helps ensure the most accurate price comparison and a complete selection of prices.

For more information, take a look at the articles below:

• Eight Auto Insurance Myths (Insurance Information Institute)
• Who Has the Cheapest Car Insurance Rates for Drivers Under 21 in Anchorage? (FAQ)
• How Much is Anchorage Auto Insurance for a Kia Forte? (FAQ)
• What Car Insurance is Cheapest for Electric Cars in Anchorage? (FAQ)
• Preventing Carjacking and Theft (Insurance Information Institute)
• Uninsured Motorists: Threats on the Road (Insurance Information Institute)