Best Insurance for a Ford F-350 in Anchorage

How many years has it been since you compared low-cost car insurance rates in Anchorage, AK? Anchorage shoppers have options when shopping for the lowest priced Ford F-350 insurance. They can either spend hours driving around trying to get quotes or leverage the internet to compare rates. There is a right way and a wrong way to compare car insurance rates and we’ll show you the absolute fastest way to compare rates on a Ford and get the lowest price.

Locating the best insurance company for you in Anchorage seems hard but is not really that difficult. If you currently have insurance, you will definitely be able to reduce premiums using the ideas you’re about to read. Drivers just have to use the quickest method to compare rate quotes online from multiple companies.

Learn How to Find Auto Insurance More Affordably

One of the most helpful ways to save on auto insurance is to to have a grasp of some of the elements that help determine your policy premiums. If you understand what positively or negatively impacts your premiums, this helps enable you to make changes that could help you find much lower annual insurance costs. Lots of things are considered when premium rates are determined. Some of the criteria are obvious like a motor vehicle report, but other criteria are more transparent like where you live or your financial responsibility.

• Liability insurance limits should be high – Liability insurance provides coverage if ever you are found liable for causing personal injury or damage in an accident. It provides you with a defense in court up to the limits shown on your policy. This coverage is very inexpensive compared to other policy coverages, so do not cut corners here.

• Accidents can increase premiums – Having just one citation could increase your next policy renewal forty percent or more. Attentive drivers get better prices as compared to careless drivers. People who have multiple tickets like hit and run, DWI or reckless driving convictions may face state-mandated requirements to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to continue driving.

  The example below illustrates how traffic citations and at-fault fender-benders increase Ford F-350 car insurance costs for different age groups. The data assumes a married male driver, comprehensive and collision coverage, $500 deductibles, and no discounts are applied to the premium.

• With age comes responsibility – Mature drivers are more cautious drivers, cost insurance companies less in claims, and receive fewer citations. Young drivers tend to get distracted easily when behind the wheel and because of this, their auto insurance rates are much higher.

  The following chart assumes a single driver, full coverage with $250 deductibles, and no discounts or violations.

• GPS tracking and theft deterrents reduce prices – Purchasing a vehicle that has a built-in theft deterrent system can save you some money. Theft prevention features like GM’s OnStar, tamper alarm systems and vehicle immobilizers all help prevent vehicle theft.
• Stress out and pay more – Did you know your job can affect your rates? Occupations like judges, air traffic controllers, and medical professionals tend to pay higher premiums than the average policyholder due to high stress and incredibly demanding work hours. On the flip side, careers like professors, students and homemakers get better rates.
• Premiums may be higher where you live – Having an address in less populated areas has it’s advantages when it comes to auto insurance. Fewer drivers on the road means a lower chance of having an accident in addition to fewer liability claims. Urban drivers tend to have much more traffic and much longer commute distances. Longer commute distances can result in more accidents.
• Cheaper rates with high comp and collision deductibles – Coverage for physical damage, otherwise known as comp (or other than collision) and collision, is used to repair damage to your Ford. Some coverage claims are a dented fender, hail damage, and rolling your vehicle. Comp and collision deductibles define how much you are willing to pay if a covered claim is submitted. The higher the amount the insured has to pay upfront, the less your auto insurance will be.

• Insurance loss statistics a Ford F-350 – Companies take into consideration historical loss data for every vehicle to determine a price that will be profitable for them. Models that have high amounts or severity of claims will be charged more to insure.

  The table below illustrates the insurance loss data used by companies for Ford F-350 vehicles. For each insurance policy coverage type, the claim probability for all vehicles compiled together equals 100. Numbers that are below 100 imply a favorable loss record, while percentages above 100 indicate higher probability of having a loss or statistically larger losses.

  
  

  Ford F-350 Insurance Loss Statistics

  Make and Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Ford F-350 4WD	78		54
  Ford F-350 SuperCab 4WD	66	90	98
  Ford F-350 SuperCrew 2WD	108		232
  Ford F-350 SuperCrew 4WD	96	134	179	47	44	90

  BETTER

  AVERAGE

  WORSE

  Empty fields indicate not enough data collected
  Statistics from IIHS.org for 2013-2015 Model Years

Rate information and statistics

The premium table displayed next highlights different prices for Ford F-350 models. Learning a little about how insurance premiums are formulated can help guide drivers when making smart policy decisions.

Data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Alaska minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, safe-driver, and homeowner. Rates do not factor in vehicle garaging location which can impact auto insurance rates noticeably.

Take policy discounts and save on Ford F-350 insurance in Anchorage

The cost of insuring your cars can be expensive, but you can get discounts that can dramatically reduce your bill. Some of these discounts will be visible when you quote, but some may not be applied and must be specifically requested before being credited.

• Data Collection Discounts – People who choose to allow their insurance company to scrutinize vehicle usage by using a telematic data system such as Snapshot from Progressive or Drivewise from Allstate could save a few bucks as long as the data is positive.
• Responsible Drivers – Insureds who avoid accidents can pay as much as 50% less than drivers with accidents.
• Theft Deterrent – Cars optioned with advanced anti-theft systems are stolen with less frequency and qualify for as much as a 10% discount.
• Accident Free – Anchorage drivers who stay claim-free get the best car insurance rates in comparison with frequent claim filers.
• E-sign – Certain car insurance companies give back up to $50 get Anchorage car insurance on the web.
• Drive Less and Save – Driving fewer miles could qualify for substantially lower car insurance rates.
• One Accident Forgiven – This isn’t a discount exactly, but some companies like GEICO and Allstate may permit one accident before hitting you with a surcharge if you are claim-free prior to being involved in the accident.
• Drivers Ed for Students – Cut your cost by having your teen driver successfully take a driver’s education course if it’s offered in school.

As a footnote on discounts, some credits don’t apply to the overall cost of the policy. Most only reduce specific coverage prices like comp or med pay. So even though they make it sound like adding up those discounts means a free policy, you’re out of luck.

The example below visualizes the comparison of Ford F-350 annual premium costs with and without discounts applied to the policy premium. The costs are based on a male driver, no claims or driving citations, Alaska state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-car, multi-policy, marriage, homeowner, and safe-driver discounts applied.

A few popular companies and some of their more popular discounts include:

• American Family may have discounts that include good driver, good student, accident-free, multi-vehicle, TimeAway discount, early bird, and air bags.
• Nationwide may include discounts for multi-policy, business or organization, Farm Bureau membership, accident-free, good student, and defensive driving.
• MetLife offers discounts for claim-free, defensive driver, multi-policy, good student, accident-free, and good driver.
• 21st Century offers premium reductions for early bird, student driver, anti-lock brakes, defensive driver, air bags, theft prevention, and 55 and older.
• Farmers Insurance has savings for mature driver, multi-car, good student, homeowner, alternative fuel, and distant student.
• Allstate discounts include utility vehicle, economy car, eSmart discount, farm vehicle, early signing, 55 and retired, and good payer.

When getting a coverage quote, ask each company or agent which discounts you qualify for. Depending on the company, some discounts may not be offered in every state. For a list of car insurance companies who offer discounts in Anchorage, click here.

In Summary

Lower-priced auto insurance in Anchorage is attainable online and also from your neighborhood Anchorage agents, and you should compare price quotes from both in order to have the best price selection to choose from. There are still a few companies who may not provide the ability to get a quote online and these small insurance companies provide coverage only through local independent agencies.

As you quote Anchorage car insurance, make sure you don’t skimp on coverage in order to save money. There are many occasions where an accident victim reduced liability coverage limits and discovered at claim time that they should have had better coverage. The goal is to buy enough coverage at the lowest possible cost but still have enough coverage for asset protection.

We covered a lot of techniques to find cheap Ford F-350 insurance in Anchorage. It’s most important to understand that the more rate comparisons you have, the higher your chance of finding low cost Anchorage car insurance quotes. Drivers may even discover the best price on auto insurance is with an unexpected company.

Steps to finding affordable Ford F-350 insurance in Anchorage

The most effective way to get low-cost auto insurance rates is to compare quotes annually from different companies who provide car insurance in Anchorage.

• First, try to comprehend individual coverages and the things you can control to keep rates down. Many factors that result in higher rates like at-fault accidents and poor credit history can be amended by making lifestyle changes or driving safer.
• Second, request price quotes from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only provide price estimates from one company like GEICO or Farmers Insurance, while independent agencies can provide rate quotes for a wide range of companies. View prices
• Third, compare the new quotes to your existing rates and determine if cheaper F-350 coverage is available in Anchorage. If you can save some money and buy the policy, make sure coverage is continuous and does not lapse.
• Fourth, notify your company or agent of your decision to cancel your current auto insurance policy and submit the required down payment along with the signed application to the new company. As soon as you have the new policy, place your new certificate verifying coverage with the vehicle registration.

One thing to point out is to make sure you enter identical deductibles and limits on every price quote and and to get price quotes from as many carriers as you can. This provides the most accurate price comparison and maximum price selection.

Additional information is available below:

• State Laws for Cellphones and Texting (iihs.org)
• What Car Insurance is Cheapest for a Subaru Outback in Anchorage? (FAQ)
• What is the Best Auto Insurance in Anchorage, Alaska? (FAQ)
• What Car Insurance is Cheapest for a Chevrolet Silverado in Anchorage? (FAQ)
• How Much are Auto Insurance Rates for Used Cars in Anchorage? (FAQ)
• Who Has the Cheapest Car Insurance Rates for 19 Year Olds in Anchorage? (FAQ)
• Who Has the Cheapest Car Insurance Quotes for a Nissan Versa in Anchorage? (FAQ)
• Tools for Teen Driving Safety (State Farm)
• What to do at the Scene of an Accident (Insurance Information Institute)