Are Fords more expensive to insure?
On average, Ford insurance premiums are 4% less compared to the average cost of other cars.
Ford insurance costs can vary greatly depending on the specific model you drive. Moreover, costs are heavily influenced by the vehicle’s risk factors such as safety ratings, repair costs, likelihood of theft, value, and age.
For example, a Ford with expensive repair costs and poor safety ratings will likely be cheaper to insure than another vehicle in the same price range that has excellent safety ratings and low repair costs.
|Car Make||Average State Minimum Insurance Cost||Average Full Coverage Insurance Cost|
Cheapest Fords to insure
Among Ford models, the most affordable one to insure is the 2019 Ford Edge. On average, state minimum coverage comes with a monthly premium of $42, while full coverage costs $168.
If cost-saving is your top priority, some Ford models are typically associated with lower insurance costs. Models such as the Ford Escape, Bronco, and Edge often come with lower premiums thanks to their robust safety features and reasonable repair costs.
In addition to excellent safety ratings and affordable repairs, several other factors contribute to cheaper Ford insurance:
Smaller and less powerful engine options
Vehicle type (family sedans and minivans tend to have lower insurance costs)
Vehicle value and replacement costs
Most expensive Fords to insure
The 2014 Ford F350 stands as the most expensive Ford model to insure, with an average monthly premium of $181 for state minimum coverage and $270 for full coverage.
Powerful and sleek Ford models such as the Mustang GT and F-150 Raptor often come with higher insurance costs due to expensive repairs, increased accident risk related to speeding, and their appeal to thieves. Newer Ford models with advanced technology and luxury features also tend to have higher insurance premiums due to their overall higher value.
Moreover, despite their impressive safety features, larger Ford vehicles such as SUVs and trucks can lead to higher insurance rates as they have the potential to cause more damage in accidents, resulting in increased liability costs. Examples of larger Ford models that may come with higher insurance costs include the Ford Expedition and Ford F-350.
Remember, when determining car insurance costs, your driving history, location, and other personal details play a significant role. Don’t settle for just average rates—discover the best coverage by shopping for personalized insurance quotes.