Ford F-150 Lightning Insurance Rates
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Michelle Robbins
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UPDATED: Mar 28, 2024
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U.S. average insurance rates for a Ford F-150 Lightning are $1,762 a year for full coverage. Comprehensive costs an estimated $344 a year, collision costs $698, and liability coverage costs $520. A policy with just liability insurance costs as little as $592 a year, with coverage for high-risk drivers costing around $3,832. Teens pay the highest rates at $6,638 a year or more.
Average premium for full coverage: $1,762
Price estimates broken down by individual coverage:
Prices are based on $500 physical damage insurance deductibles, liability limits of 30/60, and includes both medical and UM/UIM coverage. Estimates are averaged for all states and F-150 Lightning trim levels.
Price Range from Low to High
For the average 40-year-old driver, Ford F-150 Lightning insurance prices go from as low as $592 for basic liability insurance to a high of $3,832 for a driver that may need high-risk insurance.
Geographic Price Range
Your location has a large influence on insurance rates. More rural locations have a lower frequency of accident claims than cities with more traffic congestion.
The diagram below illustrates the difference location can make on insurance prices.
The ranges above show why it is important to compare rates for a targeted area and risk profile, rather than using averaged prices.
Use the form below to get customized rates for your location.
Enter your zip code below to view companies based on your location that have cheap auto insurance rates.
Rate Comparisons
The chart below shows estimated Ford F-150 Lightning insurance rates for other coverage scenarios.
- The cheapest rate after discounts is $1,005
- Drivers who choose higher $1,000 deductibles will pay approximately $1,526 a year
- The average rate for the average middle-age driver who has $500 deductibles is $1,762
- Selecting low $100 deductibles for comprehensive and collision insurance will increase the cost to $2,224
- High-risk insureds with serious driving violations could pay up to $3,832 or more
- The price for full coverage for a teenage driver can cost as much as $6,638 a year
Insurance prices for a Ford F-150 Lightning are also quite variable based on your driving record, the trim level of your F-150 Lightning, and liability limits and deductibles.
Older drivers with a clean driving record and high deductibles may only pay around $1,600 per year on average for full coverage. Prices are much higher for teenage drivers, where even good drivers can expect to pay at least $6,600 a year. View Rates by Age
The state you live in makes a big difference in Ford F-150 Lightning insurance rates. A 40-year-old driver could pay as low as $1,160 a year in states like Iowa, Maine, and Idaho, or have to pay at least $2,510 on average in New York, Louisiana, and Michigan.
| State | Premium | Compared to U.S. Avg | Percent Difference |
|---|---|---|---|
| Alabama | $1,592 | -$170 | -9.6% |
| Alaska | $1,348 | -$414 | -23.5% |
| Arizona | $1,460 | -$302 | -17.1% |
| Arkansas | $1,762 | -$0 | 0.0% |
| California | $2,006 | $244 | 13.8% |
| Colorado | $1,682 | -$80 | -4.5% |
| Connecticut | $1,808 | $46 | 2.6% |
| Delaware | $1,994 | $232 | 13.2% |
| Florida | $2,200 | $438 | 24.9% |
| Georgia | $1,624 | -$138 | -7.8% |
| Hawaii | $1,264 | -$498 | -28.3% |
| Idaho | $1,194 | -$568 | -32.2% |
| Illinois | $1,312 | -$450 | -25.5% |
| Indiana | $1,328 | -$434 | -24.6% |
| Iowa | $1,192 | -$570 | -32.3% |
| Kansas | $1,672 | -$90 | -5.1% |
| Kentucky | $2,402 | $640 | 36.3% |
| Louisiana | $2,606 | $844 | 47.9% |
| Maine | $1,086 | -$676 | -38.4% |
| Maryland | $1,454 | -$308 | -17.5% |
| Massachusetts | $1,408 | -$354 | -20.1% |
| Michigan | $3,058 | $1,296 | 73.6% |
| Minnesota | $1,474 | -$288 | -16.3% |
| Mississippi | $2,110 | $348 | 19.8% |
| Missouri | $1,564 | -$198 | -11.2% |
| Montana | $1,894 | $132 | 7.5% |
| Nebraska | $1,388 | -$374 | -21.2% |
| Nevada | $2,112 | $350 | 19.9% |
| New Hampshire | $1,266 | -$496 | -28.1% |
| New Jersey | $1,970 | $208 | 11.8% |
| New Mexico | $1,560 | -$202 | -11.5% |
| New York | $1,852 | $90 | 5.1% |
| North Carolina | $1,014 | -$748 | -42.5% |
| North Dakota | $1,442 | -$320 | -18.2% |
| Ohio | $1,216 | -$546 | -31.0% |
| Oklahoma | $1,808 | $46 | 2.6% |
| Oregon | $1,614 | -$148 | -8.4% |
| Pennsylvania | $1,680 | -$82 | -4.7% |
| Rhode Island | $2,350 | $588 | 33.4% |
| South Carolina | $1,596 | -$166 | -9.4% |
| South Dakota | $1,484 | -$278 | -15.8% |
| Tennessee | $1,542 | -$220 | -12.5% |
| Texas | $2,122 | $360 | 20.4% |
| Utah | $1,304 | -$458 | -26.0% |
| Vermont | $1,204 | -$558 | -31.7% |
| Virginia | $1,054 | -$708 | -40.2% |
| Washington | $1,360 | -$402 | -22.8% |
| West Virginia | $1,614 | -$148 | -8.4% |
| Wisconsin | $1,218 | -$544 | -30.9% |
| Wyoming | $1,570 | -$192 | -10.9% |
Choosing higher comprehensive and collision insurance deductibles could save up to $700 a year, while buying higher liability limits will increase premiums. Going from a 50/100 limit to a 250/500 limit will increase prices by as much as $468 more per year. View Rates by Deductible or Liability Limit
If you have some driving violations or tend to cause accidents, you could be paying $2,100 to $2,900 extra each year, depending on your age. A high-risk auto insurance policy can cost around 44% to 133% more than the average policy. View High Risk Driver Rates
Since prices can be so different, the only way to know which car insurance is cheapest is to get quotes and see how they stack up. Every company calculates prices differently, so the prices may be quite different from one company to the next.
| Model Year | Comprehensive | Collision | Liability | Total Premium |
|---|---|---|---|---|
| 2024 Ford F-150 Lightning | $372 | $720 | $488 | $1,780 |
| 2023 Ford F-150 Lightning | $356 | $714 | $498 | $1,768 |
| 2022 Ford F-150 Lightning | $344 | $698 | $520 | $1,762 |
| 2021 Ford F-150 Lightning | $332 | $668 | $536 | $1,736 |
Rates are averaged for all Ford F-150 Lightning models and trim levels. Rates assume a 40-year-old male driver, full coverage with $500 deductibles, and a clean driving record.
How to Find Affordable Ford F-150 Lightning Insurance
Getting lower rates on auto insurance not only requires being a low-risk driver, but also maintaining good credit, eliminating unnecessary coverage, and taking advantage of discounts. Make time to compare rates once a year by quoting rates from direct carriers like Progressive and GEICO, and also from local independent and exclusive agents.
The items below are a brief review of the data that was touched on in this article.
- Drivers can save approximately $210 per year simply by quoting early and online
- Consumers who want more liability coverage will pay approximately $570 each year to go from a low limit to 250/500 limits
- Teen drivers are charged the highest prices, with premiums as much as $553 a month for full coverage
- Drivers with DUI or reckless driving convictions pay an average of $2,070 more annually to insure their F-150 Lightning
Rate Tables and Charts
Rates by Driver Age
| Driver Age | Premium |
|---|---|
| 16 | $6,638 |
| 20 | $4,102 |
| 30 | $1,834 |
| 40 | $1,762 |
| 50 | $1,608 |
| 60 | $1,578 |
Full coverage, $500 deductibles
Rates by Deductible
| Deductible | Premium |
|---|---|
| $100 | $2,224 |
| $250 | $2,008 |
| $500 | $1,762 |
| $1,000 | $1,526 |
Full coverage, driver age 40
Rates by Liability Limit
| Liability Limit | Premium |
|---|---|
| 30/60 | $1,762 |
| 50/100 | $1,866 |
| 100/300 | $1,996 |
| 250/500 | $2,334 |
| 100 CSL | $1,918 |
| 300 CSL | $2,204 |
| 500 CSL | $2,412 |
Full coverage, driver age 40
Rates for High Risk Drivers
| Age | Premium |
|---|---|
| 16 | $9,480 |
| 20 | $6,532 |
| 30 | $3,914 |
| 40 | $3,832 |
| 50 | $3,662 |
| 60 | $3,626 |
Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident
If a financial responsibility filing is required, the additional charge below may also apply.
Potential Rate Discounts
If you qualify for discounts, you may save the amounts shown below.
| Discount | Savings |
|---|---|
| Multi-policy | $94 |
| Multi-vehicle | $94 |
| Homeowner | $26 |
| 5-yr Accident Free | $132 |
| 5-yr Claim Free | $115 |
| Paid in Full/EFT | $82 |
| Advance Quote | $89 |
| Online Quote | $125 |
| Total Discounts | $757 |
Discounts are estimated and may not be available from every company or in every state.
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