F150 Insurance: How Much Does It Cost In Ontario?
Ford’s F150 pickup truck is one of the most popular vehicles in Canada. But before you head out to buy one, you should know how much insurance will cost.
In this article, we’ll take a look at how much Ford F150 insurance premiums cost in fourteen markets throughout Ontario. The costs outlined in this article are intended to provide you with general insights. There are many factors that will affect the cost of your insurance, and insurance companies adjust premiums on a regular bases.
Key assumptions
The following key assumptions have been used to prepare and analyze the data contained herein.
- Male and female 40 years of age
- $2,000,000 liability coverage
- Average commute of 15 km, and a total of 15,000 km driven per year
- Driver licensed at earliest date and has driver training
A complete list of the assumptions used is provided at the end of this article.
Average cost of insurance for a Ford F150 in Ontario
The average Ford F150 insurance premium in Ontario is $1,889 per year. When you combine your Ford F150 insurance with another vehicle or your home (or other “multi-line” products like home insurance), you could save an average of $256, which would bring your premium down to $1,632 per year.
The following chart shows the average cost to insure a Ford F150 in select markets throughout Ontario.
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The following chart shows the cost of both monoline (single vehicle) and multi-line (multi-vehicle or vehicle and home) insurance for select markets throughout Ontario.
The most affordable market in Ontario to insure a Ford F150 is Kingston, with an average annual premium of $1,469 for monoline and $1,289 for multi-line. The most expensive market in Ontario is Mississauga, with an average annual premium of $2,407 for monoline and $2,055 for multi-line.
The following chart shows how much you could save when you combine your Ford F150 insurance with another vehicle or your home.
You could save an average of $256 when you bundle your insurance. The largest savings can be found in Toronto ($374), and the smallest savings in Kingston ($179).
Average Ford F150 Insurance Premium By Gender and Market
The following chart shows the average Ford F150 insurance premium by gender and market.
Ajax
Male: Monoline - $2,105; Multi-line $1,844; Savings $261
Female: Monoline - $2,082; Multi-line $1,807; Savings $275
Barrie
Male: Monoline - $1,748; Multi-line $1,524; Savings $224
Female: Monoline - $1,821; Multi-line $1,586; Savings $235
Hamilton
Male: Monoline - $1,975; Multi-line $1,716; Savings $259
Female: Monoline - $2,066; Multi-line $1,795; Savings $271
Kingston
Male: Monoline - $1,455; Multi-line $1,274; Savings $181
Female: Monoline - $1,480; Multi-line $1,304; Savings $176
Mississauga
Male: Monoline - $2,456; Multi-line $2,054; Savings $402
Female: Monoline - $2,357; Multi-line $2,056; Savings $301
Niagara
Male: Monoline - $1,611; Multi-line $1,407; Savings $204
Female: Monoline - $1,620; Multi-line $1,344; Savings $276
Oshawa
Male: Monoline - $1,947; Multi-line $1,694; Savings $253
Female: Monoline - $1,903; Multi-line $1,656; Savings $247
Ottawa
Male: Monoline - $1,576; Multi-line $1,377; Savings $199
Female: Monoline - $1,630; Multi-line $1,437; Savings $193
Peterborough
Male: Monoline - $1,601; Multi-line $1,400; Savings $201
Female: Monoline - $1,649; Multi-line $1,428; Savings $221
Pickering
Male: Monoline - $2,057; Multi-line $1,845; Savings $212
Female: Monoline - $2,068; Multi-line $1,812; Savings $256
Toronto
Male: Monoline - $2,163; Multi-line $1,787; Savings $376
Female: Monoline - $2,158; Multi-line $1,786; Savings $372
Waterloo
Male: Monoline - $1,629; Multi-line $1,421; Savings $208
Female: Monoline - $1,709; Multi-line $1,474; Savings $235
Whitby
Male: Monoline - $1,947; Multi-line $1,694; Savings $253
Female: Monoline - $1,903; Multi-line $1,656; Savings $247
Windsor
Male: Monoline - $2,043; Multi-line $1,765; Savings $278
Female: Monoline - $2,121; Multi-line $1,757; Savings $364
Key Takeaways
- The average annual insurance premium for a Ford F150 in Ontario is $1,889
- The most affordable market to insure a Ford F150 is Kingston, Ontario
- The least affordable market to insure a Ford F150 is Mississauga, Ontario
- By insuring your F150 with another vehicle or your home you could save an average of $256 per year
How to Get the best insurance rates and coverage for your Ford F150
The best way to get insurance for your Ford F150 is through an insurance broker, not an insurance company. Insurance companies sell their own insurance products, which limit your options. When you work with an insurance broker such as Best Buy Insurance, they’re able compare dozens of various quotes from different insurance companies. This enables the broker to find the best coverage and rates overall.
Ready to find the best Ford F150 insurance rates and coverage for your needs? Call Best Buy Insurance at 1-877-813-5710 or request your Ford F150 Insurance quote online. It’s free and there is no obligation. Find out how much you could save today.
Assumptions used:
Age: 40; Monoline; $2,000,000 Liability, standard SABS;$500 Coll; $500 comp; 44; 20/27; 43, 15 km commute; 15,000 annual km, Winter tires; parking in private driveway, vehicle purchased new, driver licensed at earliest date and has driver training.
