Report: Ford's new F-150 to add to owners' insurance cost

Ford's (F) new F-150 trucks will save owners money on fuel expenses due to the use of lighter-weight aluminum, but might add to their insurance bill.

Estimates on the additional cost of insuring the new line of trucks range as high as 10%.

A lack of mechanics experienced with working with aluminum and the cost of the separate tools required for the metal is behind the potential insurance premium.

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Comments (17)
  • pfifla1
    , contributor
    Comments (638) | Send Message
    wow... so it could cost me an extra 70$ to insure it. WOW.
    21 Jan 2014, 07:51 AM Reply Like
  • Tdot
    , contributor
    Comments (9380) | Send Message
    "but might add to their insurance bill"


    Pure speculation based on shortsighted ignorance and lack of facts. With all the collision avoidance, lane keeping, 360-deg camera view, active parking assist, and other safety and protection features designed to prevent the sort of bumps and dings and dents, the insurance bill "might" just as easily drop.
    21 Jan 2014, 08:06 AM Reply Like
  • Osuleiman
    , contributor
    Comments (3) | Send Message
    Absolutely right! Rather than conject that it may be safer and avoid more accidents, focus on the negative! Anything to increase costs to the consumer! What a country, so optimistic!
    22 Jan 2014, 08:23 PM Reply Like
  • watsonj1
    , contributor
    Comments (52) | Send Message
    As expected more negative press for a step into the future.
    21 Jan 2014, 08:17 AM Reply Like
  • steve2334
    , contributor
    Comments (191) | Send Message
    "might", "estimate" and "potential" are words used when the writer has no clue.
    21 Jan 2014, 08:21 AM Reply Like
  • Robin Hewitt
    , contributor
    Comments (5672) | Send Message
    Or...they're words the insurer's PR guy is feeding a gullible press. It doesn't have to actually cost more. The insurers only need for you to think it does.
    21 Jan 2014, 02:31 PM Reply Like
  • Chic N Pautpi
    , contributor
    Comments (179) | Send Message
    As a retired body shop owner let me assure you aluminum-stainless
    plastic and high strength steel didn't cause any shop to break-stride in the past 2 decades.
    The type and characteristics of the existing aluminum hoods on Ford Pickups repair
    similar to steel...and if the repair requires panel replacement...the replacement panels
    will be pre-primed/E-coated. (As are current replacement aluminum and steel panels)
    I doubt the cost of the repair on aluminum will be much more than steel...and only the
    aluminum expense for panel replacement will be more. Too much scare...too little news.
    21 Jan 2014, 04:04 PM Reply Like
  • Wise Timmy
    , contributor
    Comments (298) | Send Message
    I would think that heavier vehicles do more damage (to the other vehicles) when in an accident. Thus the heavier the vehicle, the more it should cost to insure (aka from a liability standpoint.)


    Now lighter vehicles might fair worse if hit by someone else...In which case that other vehicle's owner (or insurance carrier) should be the one doing the one paying.


    If collision and uninsured motorist lines of coverage are too expensive, then most business's who buy these trucks for fleet use will self-insure and cut the insurance co. out of that piece of the action. I see it as a non-issue.


    In some states, the license and registration fees are determined in part by the vehicle weight, so buyers of the new F-150 might actually see a decline there.


    I think people are grasping at straws to find negatives to this move. "F" should be long term buy.
    21 Jan 2014, 05:54 PM Reply Like
  • trebor12
    , contributor
    Comments (3) | Send Message
    Very true, I've worked with steel and aluminum for 50 years.
    A good mechanic should not require any more time working aluminum
    than working steel
    21 Jan 2014, 08:07 PM Reply Like
  • trebor12
    , contributor
    Comments (3) | Send Message
    Yes,Very true the insurance companies will use any excuse to raise rates.
    Good auto mechanics have been working with aluminum for years,
    so it won't bother them. Materials used for working with aluminum are
    a small increase in cost. Labor is the main cost which is very close
    to the same as working with steel.
    21 Jan 2014, 08:08 PM Reply Like
  • Dukester
    , contributor
    Comments (118) | Send Message
    The Lincoln LS launched back in around 1999-2000 had aluminum fenders and hood.
    Many vehicles have had, and now have aluminum body parts. The phrase "much ado about nothing" comes to mind when discussing the use of aluminum considering the fervor displayed in the news media about the use of aluminum in the F150. My 2013 F150 has an aluminum hood.
    I guess the big news is that Ford is making just about all the body panels in this truck aluminum
    while making the frame, which remains steel, stronger, and surprising their competitors with the
    announcement of all aluminum body panels.
    Gm, and Dodge will try to knock the new F150's use of aluminum in their advertising, but I think by knocking 750lbs of weight off, Ford is writing the next chapter in truck manufacturing with rivals behind the curve. F150 with loads of improvements besides the weight reduction I believe will be a game changer in the pickup truck market.
    21 Jan 2014, 08:25 AM Reply Like
  • Wise Timmy
    , contributor
    Comments (298) | Send Message
    I don't think they will directly knock the concept. Sure some aggressive car salesmen will do that on the showroom floor. But in the long run GM and Dodge have got to be going the same direction, Ford just got there first.
    21 Jan 2014, 05:57 PM Reply Like
  • Chudnoff
    , contributor
    Comments (9) | Send Message
    If one assumes the 10 per cent is correct then one should realize that the entire industry will be in the same place within the next 5 years anyway.Today, Jaguar , Mercedes SLS, Porsche, Audi 8 series, Tesla are virtually 75% or better in aluminum content. Virtually every month another manufacturer announces a conversion to aluminum content of the model types within their range. Yes, there will be a cost to body shops and associated repair facilities but it will be diminimus to their bottom lines. As an aside the minimal corrosion associated with aluminum versus steel will surely add to the Ford's residual value thereby positively affecting current leasing programs. So...weight reduction, residual value, better economy and increased pay load capacity, sounds like Ford made a great forward thinking decision.
    21 Jan 2014, 08:28 AM Reply Like
  • User 18355552
    , contributor
    Comment (1) | Send Message
    As always the insurance people have come up with another way to gouge, and try to squeeze more out of their policy holders. Notice, I said policy holders, not customers. Why will fees go up for mechanic's tools. They are tax deductible. Don't forget the privilege of your deductible to use your insurance if needed. Just another insurance blood sucking.
    21 Jan 2014, 08:34 AM Reply Like
  • tigers1
    , contributor
    Comments (31) | Send Message
    I.m buying it to use and drive every day. I,m not buying it to take to a body shop.
    21 Jan 2014, 03:39 PM Reply Like
  • StudeRanch
    , contributor
    Comments (18) | Send Message
    700+ pounds less is a good thing but I haven't seen where the aluminum is going to be used. If it's on just the bolt on panels such as fenders or doors to me it's a non-issue. Even bedsides have been bolt on in recent years. Through the years I have seen what used to be repairable now being regarded as replace. Mig welders can be easily converted in minutes to weld aluminum if the need arises. What I haven't seen yet is how it will affect the aftermarket body supply industry. I doubt very seriously they will be able to reproduce the quality product of an OEM, especially in this different material. This can also be a boon to Ford creating additional profits from parts that until now, have had to compete with the "off-shore" sheet metal that many times is found to be substandard, yet embraced by the insurance industry.
    22 Jan 2014, 05:59 AM Reply Like
  • tortocollis
    , contributor
    Comments (4) | Send Message
    Ridiculous article as the comments above indicate.
    25 Jan 2014, 02:46 AM Reply Like
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