Best Car Insurance for Pickup Trucks (2023 Guide)

 

If you own a pickup truck or are planning to buy one, you might be wondering how much it will cost to insure it. Car insurance for pickup trucks is a type of auto insurance that covers your truck and its contents from various risks, such as accidents, theft, vandalism, fire, weather damage, etc. It also protects you from liability if you cause injury or property damage to others while driving your truck.

Car insurance for pickup trucks is important because it can help you avoid financial losses and legal troubles in case something goes wrong with your truck. It can also give you peace of mind and confidence while driving your truck. However, car insurance for pickup trucks can also be expensive depending on various factors.

According to Statista , there were about 13.2 million pickup trucks sold in the United States in 2020, making them one of the most popular types of vehicles in the country. Pickup trucks are versatile, powerful, and durable vehicles that can be used for personal or commercial purposes. They can also be customized to suit different needs and preferences.

However, pickup trucks are not without their drawbacks. They are often heavier, larger, and more expensive than other vehicles. They also have higher fuel consumption and emissions. Moreover, they can pose more safety risks to themselves and others on the road. According to IIHS , pickup trucks have higher fatality rates than cars and SUVs in crashes involving multiple vehicles.

Therefore, finding the best car insurance for pickup trucks is crucial for any pickup truck owner. In this article, we will discuss some of the factors that affect car insurance rates for pickup trucks, compare some of the best car insurance companies for pickup trucks, explain what additional insurance coverage options are available for pickup trucks, and provide some tips on how to save money on car insurance for pickup trucks.

Factors that Affect Car Insurance Rates for Pickup Trucks

Car insurance rates for pickup trucks vary depending on several factors that influence the risk level and value of your truck. Some of these factors include:

• Make, model, and trim: Different makes and models of pickup trucks have different features, performance, reliability, safety ratings, repair costs, theft rates, etc. that affect their insurance rates. For example, according to Bankrate , a Chevy Colorado has an average annual premium of $1,113 while a Toyota Tundra has an average annual premium of $1,443. Similarly, different trim levels of the same model can have different prices and features that affect their insurance rates. For example, a Ford F-150 XL has an average annual premium of $1,194 while a Ford F-150 Platinum has an average annual premium of $1,390.
• Safety features: Pickup trucks that have more advanced and standard safety features, such as anti-lock brakes, traction control, lane departure warning, blind spot monitoring, etc. can lower the risk of accidents and injuries and thus lower the insurance rates. For example, according to The Zebra , a Toyota Tacoma with the Toyota Safety Sense Package has an average annual premium of $1,144 while a Toyota Tacoma without the package has an average annual premium of $1,211.
• Price of parts: Pickup trucks that have more expensive parts or parts that are harder to find or replace can have higher insurance rates because they cost more to repair in case of damage. For example, pickup trucks that have parts that come from overseas or are made of rare materials can have higher insurance rates than pickup trucks that have parts that are readily available and affordable.
• Other factors: Besides the factors related to your truck, there are also other factors that affect your car insurance rates, such as your age, gender, driving history, credit score, location, mileage, usage, coverage level, deductible amount, discounts, etc. These factors reflect your personal characteristics and behavior as a driver and a customer and can influence how much you pay for car insurance.

To lower your car insurance rates for pickup trucks, you can try to choose a truck that has a lower risk level and value or improve your personal factors. You can also shop around and compare quotes from different car insurance companies and look for discounts and savings opportunities.

Best Car Insurance Companies for Pickup Trucks

There are many car insurance companies that offer car insurance for pickup trucks, but not all of them are equal in terms of their rates, coverage, discounts, customer service, etc. Therefore, it is important to compare different car insurance companies and find the best one for your needs and budget.

Some of the best car insurance companies for pickup trucks based on their rates, coverage, discounts, customer service, etc. are:

• Amica: Amica is a mutual insurance company that offers car insurance for pickup trucks with competitive rates and comprehensive coverage. Amica also offers various discounts for pickup truck owners, such as multi-vehicle discount, loyalty discount, anti-theft device discount, defensive driver discount, etc. Amica is known for its excellent customer service and satisfaction ratings and has won several awards for its quality and performance.
• Erie: Erie is a regional insurance company that operates in 12 states and the District of Columbia. Erie offers car insurance for pickup trucks with affordable rates and generous coverage. Erie also offers various discounts for pickup truck owners, such as safe driver discount, multi-policy discount, multi-car discount, reduced usage discount, etc. Erie is known for its personalized service and claims handling and has a high customer retention rate.
• Geico: Geico is one of the largest and most popular car insurance companies in the country. Geico offers car insurance for pickup trucks with low rates and flexible coverage options. Geico also offers various discounts for pickup truck owners, such as good driver discount, military discount, federal employee discount, anti-lock brake system discount, anti-theft device discount, etc. Geico is known for its easy online access and convenience and has a high customer satisfaction rating.
• State Farm: State Farm is another one of the largest and most popular car insurance companies in the country. State Farm offers car insurance for pickup trucks with reasonable rates and extensive coverage options. State Farm also offers various discounts for pickup truck owners, such as good student discount, accident-free discount, drive safe & save discount, steer clear discount, etc. State Farm is known for its wide network of agents and local offices and has a good customer service rating.
• USAA: USAA is a specialty insurance company that caters to military members and their families. USAA offers car insurance for pickup trucks with low rates and comprehensive coverage options. USAA also offers various discounts for pickup truck owners, such as safe driver discount, vehicle storage discount, family discount, length of membership discount, etc. USAA is known for its exceptional customer service and loyalty ratings and has won several awards for its quality and performance.

Additional Insurance Coverage for Pickup Trucks

Besides the basic liability insurance that is required by law in most states, there are also other insurance coverage options that you can add to your car insurance policy for pickup trucks. Some of these options are:

• Collision coverage: This covers the damage to your truck caused by a collision with another vehicle or object, regardless of who is at fault. Collision coverage usually has a deductible that you have to pay before the insurance pays the rest of the claim. Collision coverage is optional but recommended if your truck is new or valuable.
• Comprehensive coverage: This covers the damage to your truck caused by events other than a collision, such as theft, vandalism, fire, weather damage, animal damage, etc. Comprehensive coverage also usually has a deductible that you have to pay before the insurance pays the rest of the claim. Comprehensive coverage is optional but recommended if your truck is new or valuable or if you live in an area with high risk of theft or natural disasters.
• Gap coverage: This covers the difference between the actual cash value of your truck and the amount you owe on your loan or lease if your truck is totaled or stolen. Gap coverage is optional but recommended if you have a loan or lease on your truck and you owe more than what your truck is worth.
• Towing and roadside assistance coverage: This covers the cost of towing your truck to a repair shop or providing other roadside services, such as battery jumpstart, flat tire change, fuel delivery, lockout service, etc. if your truck breaks down or gets stuck on the road. Towing and roadside assistance coverage is optional but recommended if you drive a lot or have an older or unreliable truck.
• Cargo coverage: This covers the damage or loss of the contents of your truck, such as tools, equipment, materials, etc. if they are stolen or damaged while in transit. Cargo coverage is optional but recommended if you use your truck for commercial purposes and carry valuable or fragile cargo.

The benefits and drawbacks of each option depend on your situation and preferences. You should weigh the cost and value of each option and decide which ones are worth paying extra for and which ones are not necessary. You should also check your existing insurance policies, such as home insurance or renters insurance , to see if they already cover some of these risks and avoid paying for duplicate coverage.

Conclusion

Car insurance for pickup trucks is a type of auto insurance that covers your truck and its contents from various risks. It can help you avoid financial losses and legal troubles in case something goes wrong with your truck. However, car insurance for pickup trucks can also be expensive depending on various factors, such as make, model, trim, safety features, price of parts, etc.

Therefore, finding the best car insurance for pickup trucks is crucial for any pickup truck owner. You should compare different car insurance companies and find the best one for your needs and budget. You should also consider adding additional insurance coverage options to your policy to protect your truck and its contents from various risks. You should also look for discounts and savings opportunities to lower your car insurance rates for pickup trucks.

If you are looking for the best car insurance for pickup trucks, you can start by comparing quotes from different companies online. You can use our free tool to get personalized quotes from top-rated car insurance companies for pickup trucks in minutes. You can also contact us to speak to one of our licensed agents who can help you find the best car insurance for pickup trucks that suits your needs and budget. Don’t wait, get started today and find the best car insurance for pickup trucks!