Ford F-150 vs. Ranger Insurance Cost

• A 2024 Ford Ranger is generally cheaper to insure than a 2024 Ford F150 by an average of $310 per year, $2,124 compared to $1,814.
• For a 2024 Ford F150, car insurance rates range from $1,784 to $2,470 per year, while car insurance cost for a 2024 Ford Ranger ranges from $1,676 to $1,968 for full-coverage.
• Average car insurance cost per month for the Ford F150 is 15.9% more expensive than the Ford Ranger, at $177 versus $151, a difference of $26.

Is insurance cheaper for a Ford F150 or Ford Ranger?

For 2024 F150 and Ranger models, the model with the lower car insurance rates is the Ford Ranger. Insurance rates for the Ford F150 average $2,124 per year, while insurance for the Ford Ranger costs an average of $1,814 per year.

Out of 27 Ford F150 trims, the cheapest 2024 trim to insure is the XL Super Cab 4WD model at an average cost of $1,784 per year. For the seven trims available for the Ford Ranger, the cheapest 2024 trim to insure is the XL Crew Cab model at a cost of $1,676.

When comparing both models at a trim-level basis, the cheapest model and trim level is the Ford Ranger XL Crew Cab at an average of $1,676 per year. The highest-cost model and trim level is the Ford F150 Lightning Platinum Black Special Edition at an average of $2,470 per year.

The rate table below ranks the 12-month and monthly car insurance cost for 2024 Ford F150 and Ford Ranger models, showing average cost for each trim level.

The chart shown below illustrates the average cost to insure both models using drivers aged 20 to 50. Average car insurance cost ranges from $1,880 to $4,294 per year for a 2024 Ford F150, and $1,610 to $3,664 for a 2024 Ford Ranger for the example age groups.

The tables shown below show average car insurance cost by trim level for a 2024 Ford F150 and Ford Ranger, along with an average cost for each model. The winner for the 2024 car insurance cost comparison is the Ford Ranger.

2023 Ford F150 vs. Ford Ranger

Insurance on a 2023 Ford F150 averages $1,876 per year, whereas insurance for a Ford Ranger averages $1,636 per year, making the Ford Ranger the cheaper of the two models by $240 per year.

For the 2023 Ford F150, average car insurance prices range from as low as $1,608 per year for the $46,195 XL Super Cab 4WD model up to the highest rate of $2,072 for the $100,090 Lightning Platinum trim level. For a 2023 Ford Ranger, insurance prices vary from $1,506 every 12 months for the XL Super Cab model up to $1,730 for the Lariat Crew Cab 4WD trim level.

When comparing car insurance rates for both models by trim level, the lowest-cost model and trim is the Ford Ranger XL Super Cab at an average cost of $1,506 per year, and the most expensive trim is the Ford F150 Lightning Platinum costing an average of $2,072 per year.

For a 2023 Ford F150, the cheapest models are the XL Super Cab 4WD, XL Regular Cab, and XL Super Cab. The cheapest Ford Ranger models include the XL Super Cab, XL Crew Cab, and XL Super Cab 4WD.

On a monthly basis, insurance rates for all 2023 Ford F150 and Ford Ranger trim levels range from $126 to $173 per month.

The rate table below ranks the cost of car insurance for 2023 Ford F150 and Ford Ranger models, showing average cost by trim level for each model.

The chart shown below illustrates the average cost to insure both 2023 models for different driver ages. Insurance cost ranges from $1,662 to $3,748 per year for a 2023 Ford F150, and $1,458 to $3,278 for a 2023 Ford Ranger for the age groups used in this illustration.

Out of 27 trims for the 2023 Ford F150, the cheapest insurance rates are on the XL Super Cab 4WD trim at a cost of $1,608 per year. Out of the 12 trim levels available for the Ford Ranger, the cheapest 2023 trim level to insure is the XL Super Cab model at a cost of $1,506 per year, or about $126 per month.

When rates for all 39 trim levels for both vehicles are compared, the lowest-cost model and trim to insure is the Ford Ranger XL Super Cab at a cost of $1,506 per year, and the most expensive trim is the Ford F150 Lightning Platinum at an average of $2,072 per year.

The next tables illustrate average car insurance cost by trim level for a 2023 Ford F150 and Ford Ranger, plus an average rate for each model. The cheapest of the two models to insure for the 2023 model year is the Ford Ranger.

2022 Ford F150 vs. Ford Ranger

Car insurance on a 2022 Ford F150 costs an average of $1,672 per year, while insurance for a 2022 Ford Ranger averages $1,536 per year, making the Ford Ranger the model with the cheapest overall car insurance rates.

Car insurance cost varies quite a bit for each different trim level, however. For a 2022 Ford F150, car insurance rates range from $1,444 per year for the XL Regular Cab 4WD model up to the most expensive rate of $1,904 for the Limited SuperCrew model. For a 2022 Ford Ranger, rates can range from $1,408 per year for the XL Super Cab model up to $1,632 for the most expensive to insure Lariat Crew Cab 4WD model.

When rates are compared for both models, the most affordable model and trim level is the Ford Ranger XL Super Cab at an average rate of $1,408 per year. The most expensive model and trim level is the Ford F150 Limited SuperCrew at a cost of $1,904 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 Ford Ranger models include the XL Super Cab, XL Crew Cab, and XL Super Cab 4WD.

For pre-2022 models, the average car insurance costs compare as follows. Click on any link to view rates for all trim levels.

• 2021 Ford F150 vs. Ranger – Cheaper to insure: Ford Ranger by $182 per year
• 2020 Ford F150 vs. Ranger – Cheaper to insure: Ford Ranger by $172 per year

The chart below shows Ford F150 and Ford Ranger car insurance rates for 2022 models, with rate data shown by driver age.

The table below compares annual and monthly car insurance cost for a 2022 Ford F150 and Ford Ranger. Rates for both models are combined and sorted from lowest to highest cost to allow for easy comparison of cost for individual models.

For the 2022 Ford F150 and Ford Ranger models, the Ford Ranger has cheaper car insurance rates by an average of $136 per year.

The rate chart below displays the average cost to insure both 2022 models for the 20 to 50-year-old driver age groups. For a 2022 Ford F150, average insurance cost ranges from $1,490 to $3,360 per year for the included age groups. A 2022 Ford Ranger costs from $1,374 to $3,062 to insure per year.

For the 31 trims available for the 2022 Ford F150, the cheapest trim level to insure is the XL Regular Cab 4WD trim at an average cost of $1,444 per year, or about $120 per month.

Out of the 12 trims available for the Ford Ranger, the cheapest 2022 model to insure is the XL Super Cab trim at a cost of $1,408.

When comparing car insurance rates for both models by trim level, the cheapest model and trim level to insure is the Ford Ranger XL Super Cab at an average of $1,408 per year. The most expensive model and trim level is the Ford F150 Limited SuperCrew costing $1,904 per year.

The next two tables show the cost to insure the available trim levels for both 2022 models, including the average rate for each model. The cheapest to insure for the 2022 model year is the Ford Ranger.

2021 Ford F150 vs. Ford Ranger

For the 2021 Ford F150 and Ford Ranger models, the Ford Ranger is cheaper to insure by an average of $182 per year.

The chart shown below displays the average cost to insure both 2021 models rated for drivers aged 20 to 50. Insurance cost ranges from $1,502 to $3,432 per year for a 2021 Ford F150, and $1,346 to $3,016 for a 2021 Ford Ranger for the illustrated age groups.

For the 43 trims available for the 2021 Ford F150, the cheapest model to insure is the XL Regular Cab 6.5 4WD model at an average cost of $1,506 per year.

For the 11 trim levels available for the Ford Ranger, the cheapest 2021 trim to insure is the XL Super Cab 2WD trim at a cost of $1,370.

When rates for all 54 trim levels for both vehicles are compared, the lowest-cost model and trim to insure is the Ford Ranger XL Super Cab 2WD at an average rate of $1,370 per year, and the overall most expensive vehicle to insure is the Ford F150 Limited Super Cab 2WD at a cost of $2,000 per year.

The rate tables below display the expected annual car insurance cost by trim level for both 2021 models, along with an average cost for each model.

2020 Ford F-150 vs. Ranger Insurance Cost

When comparing car insurance rates for the 2020 Ford F150 and Ford Ranger models, the Ford Ranger is cheaper to insure by an average of $172 per year for this comparison year.

The rate chart below displays the average cost to insure the two models for the 20 to 50-year-old driver age groups. For a 2020 Ford F150, the average cost of car insurance ranges from $1,460 to $3,330 per year for the included age groups. A 2020 Ford Ranger costs from $1,314 to $2,940 to insure per year.

Out of 43 Ford F150 trims, the cheapest 2020 trim to insure is the XL Regular Cab 6.5 4WD trim at an average cost of $1,462 per year. For the 11 trim levels available for the Ford Ranger, the cheapest 2020 trim level to insure is the XL Super Cab 2WD model at a cost of $1,336.

When car insurance rates for all 54 trims of both models are combined and sorted by cost, the cheapest model and trim level to insure is the Ford Ranger XL Super Cab 2WD at a cost of $1,336 per year, and the most expensive model and trim level is the Ford F150 Limited Super Cab 2WD at an average cost of $1,940 per year.

The rate tables below display the average cost to insure each trim level for a 2020 Ford F150 and Ford Ranger, as well as the overall average rate for each model. The 2020 Ford Ranger has more affordable average car insurance than the 2020 Ford F150.

Additional Ford F150 and Ford Ranger Resources

• Ford F150 Insurance Rates
• Ford Ranger Insurance Rates
• Large Truck Insurance Rate Comparisons
• Midsize Truck Insurance Rate Comparisons