Because the location isn't standardized, your best bet is to:
1. Consult your owner's manual: If you have it, this is the definitive source.
2. Look under the dash carefully: Use a flashlight and carefully feel around the area under the dash on the driver's side, paying close attention to the area near the fuse box and other electrical components.
3. Search online for pictures: A Google image search for "1988 Ford E-150 inertia switch location" might show you pictures from other owners' vans, giving you a better idea of where to look.
Remember to be careful when searching under the dashboard to avoid damaging any wires or other components.