Cheap 2003 Jeep Grand Cherokee Insurance Quotes

Having to pay for overpriced Jeep Grand Cherokee insurance can overdraw your personal savings and make it impossible to make ends meet. Doing a price comparison is free and is an excellent way to reduce premiums and put more money in your pocket.

Drivers have multiple insurers to buy insurance from, and although it’s nice to have a choice, more options can take longer to compare company pricing.

It’s a good habit to compare premium rates on a regular basis because insurance prices tend to go up over time. Even if you got the best rates for Grand Cherokee insurance last year you will most likely find a better rate quote today. Forget anything you know (or think you know) about insurance because you’re about to find out the tricks you need to know to get good coverage at a lower rate.

Lower rates by qualifying for discounts

Some insurance providers don’t always list all available discounts in an easy-to-find place, so the next list breaks down both the well known and the more hidden credits that you can use to lower your rates. If they aren’t giving you every credit you qualify for, you could be paying more than you need to.

  • Defensive Driver – Participating in a course that instructs on driving safety could save 5% or more if your company offers it.
  • One Accident Forgiven – This isn’t a discount exactly, but some insurance companies will let one accident slide without raising rates with the catch being you have to be claim-free prior to the accident.
  • Discount for Life Insurance – Insurance companies who offer life insurance give a discount if you purchase some life insurance too.
  • Auto/Home Discount – If you can bundle your homeowners and auto insurance and insure them with the same company they may give you a discount of over 10 percent off each policy depending on the company.
  • Professional Memberships – Being in qualifying clubs or civic groups can get you a small discount on your bill.
  • Passive Restraint Discount – Factory air bags may qualify for discounts as much as 30%.
  • Discount for New Cars – Buying a new car instead of a used car can get you a discount since new vehicles are generally safer.
  • Theft Deterent – Cars, trucks, and SUVs with anti-theft systems have a lower chance of being stolen and that can save you a little bit as well.
  • Senior Discount – Mature drivers may receive a slight reduction on a insurance coverage quote for Grand Cherokee insurance.

Consumers should know that most discounts do not apply to all coverage premiums. Some only apply to specific coverage prices like comprehensive or collision. So when it seems like adding up those discounts means a free policy, you aren’t that lucky.

Large car insurance companies and a partial list of their discounts are outlined below.

  • Farm Bureau includes discounts for good student, multi-vehicle, driver training, safe driver, youthful driver, and multi-policy.
  • Liberty Mutual offers discounts for new vehicle discount, multi-car, exclusive group savings, newly married, and teen driver discount.
  • State Farm policyholders can earn discounts including accident-free, multiple policy, defensive driving training, anti-theft, driver’s education, good student, and multiple autos.
  • Auto-Owners Insurance has discounts for paid in full, air bags, anti-lock brakes, safe driver, mature driver, group or association, and good student.
  • GEICO offers discounts including daytime running lights, defensive driver, air bags, military active duty, five-year accident-free, emergency military deployment, and multi-policy.
  • SAFECO has savings for teen safe driver, safe driver, teen safety rewards, drive less, multi-car, anti-theft, and bundle discounts.

When comparing rates, check with every prospective company the best way to save money. A few discounts might not be offered on policies in your area.

Insurance is unique, just like you

When buying the right insurance coverage for your personal vehicles, there is no perfect coverage plan. Everyone’s needs are different and your policy should reflect that. For example, these questions could help you determine if your insurance needs may require specific advice.

  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Does my 2003 Jeep Grand Cherokee need full coverage?
  • Is my custom paint covered by insurance?
  • Can I drive in Mexico and have coverage?
  • When should I drop full coverage on my 2003 Jeep Grand Cherokee?
  • When would I need additional glass coverage?
  • What if I owe more than I can insure my car for?

If you can’t answer these questions but you know they apply to you, then you may want to think about talking to an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of insurance companies in your area.

Can you really save if you switch?

Popular insurance coverage providers such as Progressive, Allstate and GEICO continually stream ads on TV and radio. They all try to convey promises that you can save if you change to them. That’s great but how can every company offer you a better deal? It’s all in the words they use.

Companies have underwriting criteria for a prospective insured that will be a good risk. A good example of a desirable insured might be between the ages of 40 and 55, has a low-risk occupation, and has a short commute. Someone who matches that profile will get very good premium rates and will probably save when they switch companies.

Potential customers who are not a match for the requirements may be forced to pay higher prices and this can result in the customer buying from someone else. The ad wording is “people that switch” not “everyone who quotes” save that much when switching. This is how insurance companies can claim big savings. This really drives home the point why you really need to get insurance coverage quotes as often as possible. It is just not possible to predict which insurance companies will have the best rates.

Insurance policy specifics

Having a good grasp of insurance helps when choosing the best coverages for your vehicles. The coverage terms in a policy can be confusing and nobody wants to actually read their policy. Below you’ll find the normal coverages offered by insurance companies.

Comprehensive auto coverage – This will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against claims such as hitting a deer, hitting a bird and fire damage. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Liability insurance – Liability coverage will cover damage or injury you incur to people or other property that is your fault. It protects you against other people’s claims. Liability doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see liability limits of 25/50/25 which stand for a limit of $25,000 per injured person, $50,000 for the entire accident, and $25,000 of coverage for damaged propery.

Liability coverage protects against claims such as medical expenses, attorney fees and bail bonds. How much liability coverage do you need? That is a decision to put some thought into, but buy as large an amount as possible.

Collision coverage – Collision insurance covers damage to your Grand Cherokee resulting from a collision with another car or object. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers things such as hitting a parking meter, backing into a parked car and sustaining damage from a pot hole. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. Another option is to choose a higher deductible in order to get cheaper collision rates.

Medical payments and PIP coverage – Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses such as pain medications, X-ray expenses, chiropractic care, doctor visits and prosthetic devices. They can be used in conjunction with a health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay

UM/UIM (Uninsured/Underinsured Motorist) coverage – Uninsured or Underinsured Motorist coverage gives you protection when other motorists are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants and damage to your Jeep Grand Cherokee.

Since a lot of drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family.

The bottom line

Some insurance providers do not provide the ability to get quotes online smaller companies only sell coverage through local independent agents. Affordable 2003 Jeep Grand Cherokee insurance can be found on the web and from local insurance agents, and you need to price shop both in order to have the best chance of saving money.

When searching for affordable insurance coverage quotes, make sure you don’t buy lower coverage limits just to save a few bucks. Too many times, drivers have reduced liability coverage limits and found out when filing a claim that saving that couple of dollars actually costed them tens of thousands. Your goal is to buy a smart amount of coverage at the best possible price.

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