Ford F150 vs Ram 1500 Insurance – Which is Cheaper?

• For 2024 models, a Ford F150 has cheaper car insurance rates than a Ram Truck by an average of $86 per year.
• Average car insurance cost per month for the Ram Truck is 3.1% more expensive than the Ford F150, at $219 versus $226, a difference of $7.
• Out of seven models in the 2024 large truck segment, the Ford F150 ranks fourth and the Ram Truck ranks sixth for cheapest car insurance cost.

Does insurance cost less for a Ford F150 or Ram 1500?

Insurance on a 2024 Ford F150 costs an average of $2,622 per year, and insurance for a Ram Truck averages $2,708 per year, making the Ford F150 the cheaper model to insure.

Out of 27 trim levels for the 2024 Ford F150, the cheapest rates are on the XL Super Cab 4WD model at a cost of $2,200 per year. Out of the 14 trims available for the Ram Truck, the cheapest 2024 trim level to insure is the Tradesman Crew Cab 4WD model at a cost of $2,396.

When looking at the aggregated rates by trim for both models, the lowest-cost model and trim level to insure is the Ford F150 XL Super Cab 4WD at an average cost of $2,200 per year. The most expensive vehicle to insure is the Ford F150 Lightning Platinum Black Special Edition at an average of $3,042 per year.

The rate table below ranks the annual and monthly car insurance cost for 2024 Ford F150 and Ram Truck models, with average rates for every trim level for each model.

The chart shown below displays the average cost to insure both models for drivers aged 20 to 50. Insurance cost ranges from $2,322 to $5,298 per year for a 2024 Ford F150, and $2,400 to $5,460 for a 2024 Ram Truck for the included age groups.

The next two tables display the expected annual car insurance cost by trim level for both 2024 models, as well as the overall average rate for each model. The 2024 Ford F150 has more affordable average car insurance rates than the 2024 Ram Truck.

2023 Ford F150 vs. Ram Truck

Car insurance rates for a 2023 Ford F150 cost an average of $2,314 per year, while insurance for a 2023 Ram Truck costs an average of $2,496 per year, making the Ford F150 the model with the cheapest overall car insurance rates.

For a 2023 Ford F150, the cheapest models are the XL Super Cab 4WD, XL Regular Cab, and XL Super Cab. The cheapest Ram Truck models include the Tradesman Quad Cab 4WD, Tradesman Crew Cab 4WD, and Big Horn Quad Cab 4WD.

On a monthly basis, car insurance rates for all 2023 Ford F150 and Ram Truck models and trims range from $165 to $228 per month.

The next table ranks the annual and monthly cost of car insurance for 2023 Ford F150 and Ram Truck models, showing average cost for every trim level.

The chart below visualizes the average cost to insure the two models rated for a variety of different driver ages. The average car insurance cost ranges from $2,054 to $4,624 per year for a 2023 Ford F150, and $2,218 to $5,024 for a 2023 Ram Truck for the included age groups.

For the 27 trim levels available for the 2023 Ford F150, the cheapest trim level to insure is the XL Super Cab 4WD model at an average cost of $1,982 per year, or $165 per month.

For the 20 trims available for the Ram Truck, the cheapest 2023 model to insure is the Tradesman Quad Cab 4WD trim at a cost of $2,220.

When average insurance prices for all 47 trim levels for both vehicles are compared, the cheapest trim to insure is the Ford F150 XL Super Cab 4WD at an average rate of $1,982 per year. The highest-cost model and trim is the Ram Truck Limited Crew Cab 2WD costing an average of $2,730 per year.

The next two rate tables illustrate all the available trims for both 2023 models, including an overall average cost for each model. The winner for the 2023 car insurance rate comparison is the Ford F150.

2022 Ford F150 vs. Ram Truck

For 2022 Ford F150 and Ram Truck models, the model having more affordable car insurance is the Ford F150. Insurance rates on a Ford F150 cost an average of $2,066 per year, whereas insurance for the Ram Truck costs an average of $2,438 per year.

The cost of car insurance can vary quite a bit for each of the different trim levels, however.

For a 2022 Ford F150, rates range from $1,782 per year for the XL Regular Cab 4WD model up to $2,350 for the Limited SuperCrew model.

For a 2022 Ram Truck, rates range from $2,132 per year for the Tradesman Regular Cab 4WD model up to $2,756 for the most expensive Limited Crew Cab 2WD model.

When comparing car insurance rates for both models by trim level, the lowest-cost model and trim level is the Ford F150 XL Regular Cab 4WD at an average cost of $1,782 per year. The highest-cost model and trim is the Ram Truck Limited Crew Cab 2WD at a cost of $2,756 per year.

For a 2022 Ford F150, the cheapest models are the XL Regular Cab 4WD, XL Super Cab 4WD, and XLT Regular Cab 4WD. The cheapest Ram Truck models include the Tradesman Regular Cab 4WD, Express Regular Cab 4WD, and Tradesman Quad Cab 4WD.

From a cost-per-month standpoint, average insurance rates for all 2022 Ford F150 and Ram Truck trim levels range from $149 to $230 per month.

The next table compares and ranks the annual and monthly cost of car insurance for 2022 Ford F150 and Ram Truck models, showing average cost by trim level for each model.

The chart below shows average Ford F150 insurance rates compared to Ram 1500 insurance rates for the 2022 model year based on different driver age groups.

How does insurance cost for a 2022 Ford F150 compare to a Ram 1500?

• Having an at-fault accident could increase insurance rates by up to $864 per year for the Ford F150 and $1,034 for the Ram Truck.
• A low-deductible policy could cost up to $602 more per year for the Ford F150 and $700 for the Ram Truck when compared to higher deductibles.
• Being a safe driver could earn a discount of around $262 for the Ford F150 and $318 for the Ram Truck.
• The most expensive 2022 Ford F150 to insure is the Limited SuperCrew at $2,350 per year. The most expensive 2022 Ram Truck to insure is the Limited Crew Cab 2WD at $2,756 per year.
• Insurance on a Ford F150 for a 19-year-old costs an average of $5,815 per year and Ram Truck insurance costs an average of $6,907 per year, a difference of $1,092 per year.
• When compared to the national average car insurance rate of $2,221 per year, the Ford F150 costs $155 less per year, while the Ram Truck costs $217 more per year.
• For a 17-year-old driver, insurance on a Ford F150 costs an average of $7,153 per year and Ram 1500 insurance costs an average of $8,516 per year, a difference of $1,363 per year.

The tables below detail insurance rates for all trim levels of 2022 F150 and Truck models. The 2022 Ford F150 has an average insurance cost of $2,066 and the 2022 Ram Truck is $2,438, making the Ford F150 cheaper by $372 per year.

2021 Ford F150 vs. Ram 1500

When comparing average insurance cost for 2021 models, the Ford F150 costs an average of $2,084 per year to insure and the Ram Truck costs $2,258, making the Ford F150 the winner by $174 for this model year.

The next chart shows the average cost to insure the two models for four different driver age groups. Insurance cost ranges from $1,852 to $4,232 per year for a 2021 Ford F150, and $2,014 to $4,566 for a 2021 Ram Truck for the age groups used in the chart.

The 2021 Ford F150 has 43 trims available, with the cheapest trim to insure being the XL Regular Cab 6.5 4WD trim at an average cost of $1,858 per year. Out of the 35 trim levels available for the Ram Truck, the cheapest 2021 trim to insure is the Classic Regular Cab ST 4WD trim at a cost of $1,846 per year, or around $154 per month.

When looking at the aggregated rates by trim for both models, the cheapest trim to insure is the Ram Truck Classic Regular Cab ST 4WD at an average of $1,846 per year, and the most expensive vehicle to insure is the Ram Truck Crew Cab Longhorn 2WD at a cost of $2,618 per year.

The next tables display both 2021 models and all trim levels available for each one, as well as an average rate for each model. The 2021 Ford F150 has more affordable average car insurance rates than the 2021 Ram Truck.

2020 Ford F150 vs Ram 1500

For the 2020 Ford F150 and Ram Truck models, the Ford F150 is cheaper to insure by an average of $156 per year.

The rate chart below displays the average cost to insure the two models for a range of driver ages. Average car insurance cost ranges from $1,798 to $4,108 per year for a 2020 Ford F150, and $1,946 to $4,404 for a 2020 Ram Truck for these driver ages.

Out of 43 trim levels for the 2020 Ford F150, the cheapest average insurance prices are on the XL Regular Cab 6.5 4WD model at a cost of $1,804 per year, or $150 per month. For the 31 trims available for the Ram Truck, the cheapest 2020 model to insure is the Classic Regular Cab ST 4WD trim at a cost of $1,798.

When average insurance prices for all 74 trim levels for the 2020 model year of both models are compared, the overall cheapest vehicle to insure is the Ram Truck Classic Regular Cab ST 4WD at an average cost of $1,798 per year. The most expensive model and trim level is the Ram Truck Crew Cab Longhorn 2WD at a cost of $2,546 per year.

The next two rate tables show average car insurance cost by trim level for each 2020 model, plus the average rate for each model. The model with the cheapest average car insurance rates for 2020 is the Ford F150.

2019 Ford F150 vs Ram 1500

For the 2019 Ford F150 and Ram Truck models, the Ford F150 has cheaper car insurance rates by an average of $214 per year for 2019.

The rate chart below demonstrates the average cost to insure both models for drivers from age 20 to 50. For a 2019 Ford F150, average insurance cost ranges from $1,692 to $3,870 per year for the included driver ages. A 2019 Ram Truck costs from $1,888 to $4,286 to insure per year.

The 2019 Ford F150 has 24 trim levels available, with the cheapest trim to insure being the XL Regular Cab 4WD trim at an average cost of $1,632 per year.

For the 31 trims available for the Ram Truck, the cheapest 2019 trim level to insure is the Classic Regular Cab ST 4WD trim at a cost of $1,744.

When car insurance rates for all 55 trim levels for the 2019 model year of both models are compared, the lowest-cost model and trim level to insure is the Ford F150 XL Regular Cab 4WD at a cost of $1,632 per year, and the most expensive model and trim level is the Ram Truck Crew Cab Longhorn 2WD at an average of $2,474 per year.

The tables shown below display average car insurance cost by trim level for each 2019 model, including an overall average rate. The 2019 Ford F150 defeats the 2019 Ram Truck for cheapest overall car insurance cost.

2018 Ford F150 vs Ram 1500

When comparing insurance rates for 2018 models, the Ford F150 costs an average of $1,798 per year to insure and the Ram Truck costs $2,026, making the Ford F150 the winner by $228 for the 2018 comparison year.

The next chart visualizes the average cost to insure both 2018 models with different drivers at the wheel. For a 2018 Ford F150, average car insurance cost ranges from $1,602 to $3,646 per year for the included driver ages. A 2018 Ram Truck costs from $1,814 to $4,100 to insure per year.

Out of 24 trim levels for the 2018 Ford F150, the cheapest insurance rates are on the XL Regular Cab 4WD model at a cost of $1,562 per year, or about $130 per month. For the 46 trim levels available for the Ram Truck, the cheapest 2018 trim level to insure is the Express 4WD model at a cost of $1,676 per year, or $140 per month.

When rates for all 70 trim levels for both vehicles are compared, the cheapest trim to insure is the Ford F150 XL Regular Cab 4WD at an average rate of $1,562 per year. The most expensive model and trim level is the Ram Truck Crew Cab Longhorn Limited 2WD costing $2,378 per year.

The next tables display average car insurance rates for every trim level for both 2018 models, along with the average rate for each model.

2017 Ford F150 vs Ram 1500

For the 2017 Ford F150 and Ram Truck models, the Ford F150 is cheaper to insure by an average of $246 per year for this model year.

The chart below illustrates the average cost to insure both models using drivers aged 20 to 50. For a 2017 Ford F150, the average car insurance cost ranges from $1,540 to $3,498 per year for the driver ages used. A 2017 Ram Truck costs from $1,766 to $3,986 to insure per year.

For the 24 trim levels available for the 2017 Ford F150, the cheapest trim to insure is the XL Regular Cab 4WD model at an average cost of $1,506 per year, or about $126 per month. Out of the 75 trims available for the Ram Truck, the cheapest 2017 trim to insure is the Express 4WD trim at a cost of $1,620 per year, or around $135 per month.

When rates for all 99 trim levels for both vehicles are compared, the lowest-cost model and trim level to insure is the Ford F150 XL Regular Cab 4WD at a cost of $1,506 per year, and the highest-cost model and trim level is the Ram Truck Crew Cab Longhorn Limited 2WD Diesel at a cost of $2,348 per year.

The tables below show the average cost to insure all 2017 trim levels, as well as the overall average rate for each model.

2016 Ford F150 vs Ram 1500

When comparing car insurance rates for the 2016 Ford F150 and Ram Truck models, the Ford F150 has cheaper rates by an average of $232 per year.

The rate chart below demonstrates the average cost to insure the two models for different driver ages. For a 2016 Ford F150, average insurance cost ranges from $1,470 to $3,338 per year for the illustrated age groups. A 2016 Ram Truck costs from $1,684 to $3,792 to insure per year.

Out of 22 Ford F150 trims, the cheapest 2016 trim to insure is the XL Regular Cab 4WD trim at an average cost of $1,458 per year, or about $122 per month. For the 73 trims available for the Ram Truck, the cheapest 2016 trim level to insure is the Express 4WD model at a cost of $1,704.

When rates are compared for the 95 trim levels of both 2016 models, the most affordable model and trim level to insure is the Ford F150 XL Regular Cab 4WD at an average of $1,458 per year. The most expensive model and trim level is the Ram Truck Crew Cab Longhorn Limited 2WD at an average of $2,078 per year.

The next two rate tables display average car insurance rates for each trim level, along with an average cost for each model. The model with the cheapest overall car insurance cost for 2016 is the Ford F150.

2015 Ford F150 vs Ram 1500

For 2015 Ford F150 and Ram Truck models, the Ford F150 has cheaper car insurance rates by an average of $94 per year.

The rate chart below displays the average cost to insure both models with different driver age groups. Insurance cost ranges from $1,478 to $3,368 per year for a 2015 Ford F150, and $1,568 to $3,534 for a 2015 Ram Truck.

Out of 20 Ford F150 trims, the cheapest 2015 model to insure is the XL Regular Cab 2WD trim at an average cost of $1,456 per year, or about $121 per month.

The 2015 Ram Truck has 72 trims available, with the cheapest trim to insure being the Tradesman 4WD model at an average cost of $1,530 per year, or about $128 per month.

When comparing aggregated rates for both models from a trim-level perspective, the cheapest model and trim level to insure is the Ford F150 XL Regular Cab 2WD at an average of $1,456 per year, and the most expensive model and trim level is the Ram Truck Crew Cab Laramie Longhorn 2WD costing an average of $1,966 per year.

The next two tables illustrate all the available trims for both 2015 models, along with an average cost for each model. The 2015 Ford F150 takes the win over the 2015 Ram Truck for cheapest car insurance rates.

Additional Ford F150 and Ram Truck Resources

• Ford F150 Insurance Rates
• Ram Truck Insurance Rates
• Large Truck Insurance Rate Comparisons