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.”

Our free online comparison tool above allows you to compare cheap car insurance quotes instantly — just enter your ZIP code to get started.

Free Car Insurance Comparison

Enter your ZIP code below to view companies that have cheap car insurance rates.

 Secured with SHA-256 Encryption

#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 offers a notable discount for Ford LTD owners who drive fewer miles.
• 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 coverage for the Ford LTD is only available to military members and their families, limiting access for others.
• Limited Nationwide Availability: USAA’s services may not be available in all locations for Ford LTD insurance.

#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. More information is available about this provider in our “Progressive car insurance ieview.”

Cons

• Snapshot Program Participation: Savings depend on participation in the Snapshot program, which may not suit all Ford LTD owners.
• Coverage Gaps: Some Ford LTD coverage options might be less comprehensive compared to competitors.

Free Car Insurance Comparison

Enter your ZIP code below to view companies that have cheap car insurance rates.

 Secured with SHA-256 Encryption

#4 – Liberty Mutual: Best for Accident Forgiveness

Pros

• Accident Forgiveness: Liberty Mutual’s accident forgiveness helps maintain rates after your first accident with Ford LTD coverage.
• Customizable Coverage: Offers various options tailored specifically for Ford LTD insurance. Discover more about offerings in our article called Liberty Mutual car insurance review.
• A.M. Best Rating: With an A rating, Liberty Mutual ensures solid financial stability for Ford LTD owners.

Cons

• Limited Multi-Policy Discounts: Liberty Mutual’s multi-policy discounts may not be as competitive for Ford LTD insurance.
• Higher Initial Premiums: Initial premiums for Ford LTD coverage might be higher compared to some competitors, even with accident forgiveness.

#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 provides confidence in its financial reliability for Ford LTD insurance.

Cons

• Discount Eligibility: Vanishing deductible discounts may have eligibility requirements or limits for Ford LTD coverage.
• Coverage Variability: Ford LTD insurance options might vary by location with Nationwide.

#6 – Farmers: Best for Customized Coverage

Pros

• Customized Coverage Options: Farmers offers highly customizable policies for Ford LTD insurance.
• 13% 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

• Premiums Can Be Higher: Premiums for Ford LTD coverage may be higher compared to some competitors, even with discounts.
• Limited Accident Forgiveness: Farmers’ accident forgiveness options might not be as comprehensive for Ford LTD insurance.

Free Car Insurance Comparison

Enter your ZIP code below to view companies that have cheap car insurance rates.

 Secured with SHA-256 Encryption

#7 – The Hartford: Best for AARP Benefits

Pros

• AARP Benefits: The Hartford offers special benefits and discounts for AARP members insuring a Ford LTD.
• Tailored Coverage: Provides specific coverage options suited for Ford LTD insurance. Read up on the “The Hartford Car Insurance Discounts” for more information.
• A+ A.M. Best Rating: Reliable financial strength with an A+ rating for Ford LTD coverage.

Cons

• Membership Requirements: AARP benefits are available only to members, limiting options for non-members with Ford LTD insurance.
• Potentially Higher Premiums: Premiums for Ford LTD coverage might be higher compared to other providers.

#8 – Allstate: Best for Drivewise Program

Pros

• Drivewise Program: Offers potential savings through the Drivewise program for Ford LTD owners who practice safe driving.
• 12% Multi-Policy Discount: Provides a competitive multi-policy discount applicable to Ford LTD insurance.
• 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 depend on participation in the Drivewise program, which might not suit all Ford LTD drivers.
• Higher Premiums for Some: Initial premiums for Ford LTD insurance can be higher compared to some competitors.

#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.
• 11% Multi-Policy Discount: Provides a significant discount for bundling policies, including Ford LTD coverage.
• A++ A.M. Best Rating: With an A++ rating, Travelers offers excellent financial reliability for Ford LTD insurance.

Cons

• Limited Coverage Options: Coverage options for Ford LTD might be less extensive compared to competitors.
• Discount Variability: Discounts can vary significantly based on individual circumstances for Ford LTD insurance.

Free Car Insurance Comparison

Enter your ZIP code below to view companies that have cheap car insurance rates.

 Secured with SHA-256 Encryption

#10 – American Family: Best for Family-Focused

Pros

• Family Focused: Offers family-oriented coverage options that can be customized for Ford LTD insurance.
• 19% 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: Discounts for high-mileage Ford LTDs may be less competitive.
• Coverage Variability: Coverage options might vary depending on location and policy specifics for Ford LTD insurance.

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.”

Free Car Insurance Comparison

Enter your ZIP code below to view companies that have cheap car insurance rates.

 Secured with SHA-256 Encryption

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 car insurance company? Enter your ZIP code below and see which one offers the coverage you need.

Free Car Insurance Comparison

Enter your ZIP code below to view companies that have cheap car insurance rates.

 Secured with SHA-256 Encryption