Hey Don! You can ask Flood Ford how they set their pricing on the Ford Protect Premium Care Plan. Usually an internet based Ford Protect plan will be $100 to $500 over cost. The standard repair deductible is $100. Your price will go up if you lower the deductible. I would not go with a higher deductible - as you can bring in your truck for multiple issues - and it's the same low $100 deductible.
What I would really be tempted to do is ask your favourite local Ford Dealer (start with the Service Advisor) to see if they'd match or come reasonably close to Flood Ford's offer. I really like to get to know the Service Managers, Advisors and even some Techs - at my local dealer - so would like to try and buy from them. The relationships do make a difference. I bought a 6 year, 100,000 mile Premium Care plan for $2,500 - just for reference.
Also, you may also want to consider the Ford Protect Premium Maintenance Plan (PMP). It provides all the factory recommenced maintenance for your Raptor PLUS belts, hoses, wiper blades, brake pads and SHOCKS - which are super expensive on the Raptor. I also paid around $2,500 for the PMP. Ask for the 5,000 mile service intervals. Dealers would rather you pay for your maintenance (retail) or sell their own maintenance product to you. They don't make a lot on the factory PMP - but they typically have a customer for life
Don't buy either product if you trade your truck every 2-3 years. Not worth the cash. If you're keeping the Raptor long-term, I'd buy them both.
Hope that helps.