|If the Ford Super Duty were described using a single word, that word would be “big.” It has a big frame, big tires, a big engine and big-time towing capability. Unfortunately, the cost to insure a Super Duty can also be “big”—sometimes humongous.
The good news is that Ford Super Duty drivers can shrink their auto insurance premium by following these 10 tips.
1. Keep Rates Low After a Ticket
Tickets are an accurate reflection of your driving tendencies, and adding a ticket to your record could cause your rate to skyrocket. If this is the case, why not shop around for more affordable coverage? Compare quotes and see if you can find a more affordable auto insurance rate with another company.
2. Don’t Pay for Coverage You Already Have
Are you paying twice for the same coverage? For instance, you may be a member of a car club that provides towing services, yet you're also paying for towing on your auto insurance policy. Look for opportunities to eliminate unnecessary costs and shave a few bucks from your premium.
3. Safe Vehicle Discount
Many companies offer discounts for various safety features on your vehicle, including air bags, car alarms, factory-installed mechanical seatbelts and antilock brakes. While getting updated insurance quotes, be sure to indicate such safety features.
4. Pay in a Lump Sum
Administrative fees are commonly applied to payments when you split your premium into installments (i.e. monthly, semi-annual, annual, etc.). Be aware that a monthly fee of even $7 can add up to $84 over 12 months.
5. Good Driving Discounts
Most insurance companies reward good driving with lower premiums. If you haven't had any accidents or tickets in the last three to five years, shop at InsWeb.com and see whether you are missing out on this money-saving discount.
6. Drive Less, Pay Less
Many insurance companies will offer discounts on vehicles that incur low annual mileage. In fact, some companies have a predetermined number of what they consider low mileage. Has your commute changed? If so, it might save you money to get an updated quote.
7. Higher Deductible = Lower Premium
The higher your deductible, the lower your premium. With a higher deductible, the cost of filing a claim will cost you more out-of-pocket, but if you drive safely you could save a ton in the long run.
8. Look for Multi-Line Insurance Discounts
The most overlooked auto insurance discount is the multi-line insurance policy: buying your auto and home insurance from a single insurer. According to the Insurance Information Institute, a multi-line policy can save you up to 15% on both premiums.
9. Good Student, Senior Discounts
Many companies believe conscientious students make for safe drivers. As a result, students with a ‘B’ average or better are commonly offered lower rates. Similarly, insurance companies value the wisdom of an experienced driver, offering discounts to drivers over 50 as a result.
10. Shop and Compare Rates Often
Ford Super Duty owners, listen up: Comparing quotes is the best way to keep auto insurance rates low. Not all companies offer the best rates to full-size trucks, so shopping around could help you find similar coverage for a lot less with another insurer.
In fact, an independent study found that drivers who compare rates and switch carriers at InsWeb.com save an average of $301* on a six month policy. Get updated quotes and see what your individual savings could be.
*National average savings information based on InsWeb 6-month policyholder survey data from 4/27/05 to 7/4/05.