Best Ford LTD Car Insurance in 2024 (Check Out These 10 Companies)

State Farm, USAA, and Progressive are the top choices for the best Ford LTD car insurance. These companies excel in offering comprehensive coverage and superior customer service tailored to classic Ford LTD owners.

By comparing these top providers, you can secure the ideal protection for your Ford LTD, ensuring peace of mind and reliability.

Our Top 10 Company Picks: Best Ford LTD Car Insurance

Choose from these leading insurers to find coverage that suits both your needs and budget. More information is available about this provider in our article called “Compare Car Insurance by Coverage Type.”

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#1 – State Farm: Top Overall Pick

Pros

• Bundling Savings: State Farm provides considerable discounts when you bundle multiple insurance policies, including coverage for the Ford LTD.
• Generous Low-Mileage Discount: State Farm provides a significant discount for owners of the Ford LTD who drive fewer miles annually, rewarding low-mileage drivers with reduced insurance premiums. Discover more about offerings in our article called “State Farm Car Insurance Review.”
• Extensive Coverage Options: State Farm has a variety of coverage plans to suit different needs, including those specifically for the Ford LTD. For more details, check out our guide on “State Farm Car Insurance Review.”

Cons

• Limited Multi-Policy Discount: State Farm’s discount for bundling multiple policies is not as high as some competitors for Ford LTD coverage.
• Premium Prices: Even with discounts, State Farm’s premiums for certain Ford LTD coverage levels may still be on the higher side.

#2 – USAA: Best for Military Benefits

Pros

• Exceptional Military Benefits: USAA offers outstanding benefits for military members insuring a Ford LTD.
• Top A++ Rating: USAA’s A++ A.M. Best rating ensures financial stability for Ford LTD insurance. Check out insurance savings in our complete article called USAA car insurance review.
• Competitive Rates: USAA provides competitive rates for Ford LTD insurance, especially for military families.

Cons

• Eligibility Restrictions: USAA insurance coverage for the Ford LTD is exclusively available to military personnel and their families, which restricts access to this coverage for individuals outside of these groups.
• Limited Nationwide Availability: USAA’s insurance services for the Ford LTD may not be accessible in every geographic area, as coverage availability can vary depending on location.

#3 – Progressive: Best for Snapshot Program

Pros

• Snapshot Program Discounts: Progressive’s Snapshot program offers potential savings based on driving behavior for Ford LTD insurance.
• 12% Multi-Policy Discount: Provides a competitive multi-policy discount for bundling Ford LTD insurance with other policies.
• A+ A.M. Best Rating: Progressive’s A+ rating guarantees strong financial stability for Ford LTD coverage. Access comprehensive insights into our guide titled Progressive car insurance review.

Cons

• Participation in the Snapshot Program: The amount of savings you can achieve is contingent upon your participation in the Snapshot program. However, this program may not be ideal for every Ford LTD owner due to individual driving habits or preferences.
• Coverage Limitations: Certain coverage options for the Ford LTD may be less extensive when compared to those offered by competing insurers, potentially resulting in gaps in protection.

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#4 – Liberty Mutual: Best for Accident Forgiveness

Pros

• Accident Forgiveness: Liberty Mutual’s accident forgiveness feature ensures that your insurance rates remain stable following your first accident, even with a Ford LTD. This benefit helps you avoid rate increases after a mishap, providing peace of mind and financial protection.
• Customizable Coverage: Liberty Mutual provides a range of customizable coverage options designed specifically for Ford LTD owners. Whether you need enhanced protection for your vehicle or specific coverage tailored to your driving habits, Liberty Mutual offers flexibility to match your unique insurance needs.
• A.M. Best Rating: With its A rating, Liberty Mutual guarantees robust financial stability for Ford LTD owners, reflecting its strong capacity to meet insurance claims and provide reliable coverage. Discover more about offerings in our article called Liberty Mutual car insurance review.

Cons

• Limited Multi-Policy Discounts: While Liberty Mutual does offer multi-policy discounts, these may not be as competitive for Ford LTD insurance compared to other providers. This can limit the overall savings you might expect from bundling multiple policies.
• Higher Initial Premiums: At the outset, the premiums for Ford LTD coverage could be notably higher than those from some competing insurers, even if accident forgiveness is included. This means you might face a steeper initial cost before seeing any potential reductions or benefits.

#5 – Nationwide: Best for Vanishing Deductible

Pros

• Vanishing Deductible: Nationwide’s vanishing deductible reduces your deductible over time for Ford LTD insurance.
• Competitive Discounts: Offers various discounts applicable to Ford LTD coverage. Access comprehensive insights into our article called Nationwide car insurance discounts.
• A+ A.M. Best Rating: Nationwide’s A+ rating from A.M. Best offers strong assurance of its financial stability and reliability, making it a solid choice for insuring your Ford LTD.

Cons

#6 – Farmers: Best for Customized Coverage

Pros

• Customized Coverage Options: Farmers offers highly customizable policies for Ford LTD insurance.
• Multi-Policy Discount: Provides a significant discount for bundling policies, including Ford LTD coverage.
• A.M. Best Score: With an A rating, Farmers delivers reliable coverage for Ford LTD owners. Check out insurance savings in our complete article called Farmers car insurance review.

Cons

• Potentially Higher Premiums: Coverage for the Ford LTD could come with elevated premiums compared to other insurance providers, even when discounts are applied. The complexity of insuring such a vehicle might result in higher costs, despite any available savings.
• Limited Accident Forgiveness Options: Farmers’ accident forgiveness programs may offer less extensive coverage for Ford LTD owners. While some insurers provide comprehensive forgiveness options, Farmers might have more restrictive policies, which could affect drivers’ insurance experiences in the event of an accident.

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#7 – The Hartford: Best for AARP Benefits

Pros

• AARP Benefits: The Hartford offers special benefits and discounts for AARP members insuring a Ford LTD. Read up on the “The Hartford Car Insurance Discounts” for more information.
• Tailored Coverage: Offers tailored coverage options specifically designed for the Ford LTD, ensuring that all unique aspects of the vehicle are comprehensively protected. This specialized insurance caters to the specific needs of Ford LTD owners, providing enhanced protection and peace of mind.
• A+ A.M. Best Rating: When it comes to securing Ford LTD coverage, choosing a provider with a robust financial strength rating is crucial. A+ ratings from leading agencies underscore the provider’s reliability and stability.

Cons

• Membership Requirements: Access to AARP benefits is exclusively available to members, which means that individuals who do not hold a membership are limited in their options when it comes to Ford LTD insurance. Non-members may find themselves with fewer choices and potentially less favorable terms.
• Potentially Higher Premiums: When it comes to insurance coverage for a Ford LTD, premiums may be notably higher compared to those offered by other providers. This could result in increased costs for policyholders, making it essential to compare options and consider various factors before committing.

#8 – Allstate: Best for Drivewise Program

Pros

• Drivewise Program: The Drivewise program presents a unique opportunity for Ford LTD owners to enjoy potential savings by demonstrating safe driving behaviors.
• Multi-Policy Discount: For Ford LTD insurance holders, a competitive multi-policy discount of 12% is available. This discount offers substantial savings for those who bundle multiple insurance policies with the same provider.
• A+ A.M. Best Rating: Strong financial stability with an A+ rating for Ford LTD coverage. Learn more in our article called “Allstate Car Insurance Review.”

Cons

• Program Participation: Savings are contingent upon active participation in the Drivewise program, a requirement that may not align with the preferences or driving habits of every Ford LTD owner.
• Higher Premiums for Some: The initial insurance premiums for the Ford LTD can be comparatively higher than those offered by some competitors, potentially resulting in greater costs for certain drivers.

#9 – Travelers: Best for Hybrid Discounts

Pros

• Hybrid Discounts: Offers hybrid discounts for Ford LTD insurance when bundling multiple coverage types. Read up on the “Travelers Car Insurance Review” for more information.
• Multi-Policy Discount: Bundling your Ford LTD insurance with other policies can lead to substantial savings. This multi-policy discount of 11% provides a notable reduction in your premium, reflecting the advantages of consolidating your coverage with a single insurer.
• A++ A.M. Best Rating: Travelers stands out with an A++ rating from A.M. Best, showcasing exceptional financial stability and reliability. This top-tier rating signifies that Travelers is highly capable of meeting its financial obligations, offering peace of mind for those insuring their Ford LTD.

Cons

• Limited Coverage Options: The coverage options available for the Ford LTD may be less comprehensive than those offered for other vehicles. This limitation could mean fewer choices for add-ons or specialized protections, which might affect the overall security and flexibility of your insurance policy.
• Discount Variability: When it comes to insurance for the Ford LTD, discount availability can fluctuate greatly depending on personal factors. This means that the discounts you receive could vary widely based on your driving history, location, and other individual circumstances, making it crucial to explore multiple quotes to find the best rate.

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#10 – American Family: Best for Family-Focused

Pros

• Family Focused: Offers family-oriented coverage options that can be customized for Ford LTD insurance.
• Multi-Policy Discount: Provides a substantial discount for bundling multiple policies, including Ford LTD coverage.
• A.M. Best Rating: American Family, with an A rating, provides reliable coverage for Ford LTD owners. For details on insurance savings, explore our full article titled “American Family Car Insurance Review.”

Cons

• Limited High-Mileage Discounts: While discounts are available for high-mileage Ford LTDs, they may not be as competitive compared to those offered for lower-mileage vehicles. If you drive your Ford LTD extensively, you might find that the savings are modest, reflecting the higher risk associated with increased mileage.
• Coverage Variability: When it comes to insuring a Ford LTD, coverage options can differ significantly. This variability is influenced by factors such as your location, the specifics of your policy, and individual insurer guidelines.

Ford LTD Insurance Costs: Minimum vs. Full Coverage Rates

When choosing the best insurance for your Ford LTD, understanding the monthly rates for different coverage levels is crucial. Below, we detail the monthly premiums for both minimum and full coverage across various top insurance providers.

Ford LTD Car Insurance Monthly Rates by Coverage Level & Provider

For minimum coverage, USAA offers the most affordable rate at $40, followed closely by American Family at $47. State Farm and Nationwide are also competitive, with rates of $45 and $48 respectively. For full coverage, USAA remains the least expensive option at $120, while State Farm and American Family offer competitive rates of $130 and $132.

These rates reflect the varying cost of coverage based on the provider and level of protection chosen for your Ford LTD. Discover more about offerings in our article called “Minimum Car Insurance Requirements by State.”

What Are the Specifics of the Ford Ltd

The Ford LTD was a full-size sedan produced from 1965-1991. The first model was called the Galaxie 500 LTD. Customers who chose it got a vehicle that was equipped with several state-of-the-art features:

• A power driver’s seat
• Power windows
• Power steering and brakes
• Air conditioning

By the late 1970s, LTD models on the market were noticeably shorter than previous versions. Designers found a way to shorten the car’s length without sacrificing any interior space.

Customers who bought an LTD from the 1979-82 model years also reported that these cars offered easier handling on the road.

Starting in 1983, the LTD was sold in a four-door sedan and four-door station wagon style. This generation of models also included a police version. This version featured bench seats with an automatic trunk opener located under the steering wheel.

The LTD went out of production in 1986. It was replaced by the Ford Taurus. Access comprehensive insights into our article called “Compare Comprehensive Car Insurance: Rates, Discounts, & Requirements.”

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How to Find Car Insurance for Older Models

Car insurance customers looking for coverage for older model cars may have different needs than someone who wants to buy insurance for a brand new vehicle.

While they have to buy third party liability insurance to stay legal in their state, they are not required to buy coverage for their own vehicle if they own it outright.

As a general guideline, if the cash value of the vehicle you are driving is $2,000 or less, it’s probably not worthwhile to put full coverage (collision and comprehensive) in place.

Collision coverage pays for the cost of repairs to the policyholder’s own car, less the deductible the customer has chosen.

Comprehensive coverage pays for losses caused by events other than a collision. It pays out when the car is damaged or destroyed due to these conditions:

• Severe weather
• Flooding
• Fire
• Acts of vandalism
• Car theft

When a total loss occurs, the policy pays out based on the car’s cash value, not its replacement value or what the policyholder paid for it.

An older vehicle, like a Ford LTD, will likely not have a high cash value, and a good portion of the premiums that a customer pays reflects the cost to repair or replace a vehicle after a loss.

A car insurance buyer is paying a level premium for a benefit that continues to fall over time.

At some point, the money being paid for collision and comprehensive protection would be better off put into a savings account to pay for a replacement vehicle than being spent on premiums.

How to Find Cheap Car Insurance for a Ford Ltd

If you want to get the best prices on coverage for a Ford LTD, be prepared to shop around for coverage. Rates will vary from different companies, even for the same type and level of protection.

By taking the time to look at different options, you can get the insurance policy you need at an affordable price.

Each company uses its own formula for determining the level of risk that a particular applicant presents, even if they all consider similar factors when making this determination. An applicant’s prior driving record, age, and gender are all considered when an insurer is working up a quote. See more details on our article called “Does the Age of a Car Affect Car Insurance Rates?“

Ready to shop around for the best Ford LTD car insurance company? Enter your ZIP code below and see which one offers the coverage you need.

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