Trying to find better auto insurance rates for your Jeep Patriot? Being forced to pay for high-priced auto insurance premiums can overdraw your funds and maybe even restrict other spending. Performing a rate comparison is an excellent way to reduce premiums and put more money in your pocket.
There are many car insurance companies to purchase coverage from, and although it’s nice to have a choice, so many choices can make it hard to compare rates and find the lowest cost auto insurance.
Insurance can be prohibitively expensive, but you may qualify for discounts that could help you make your next renewal payment. Certain reductions will be credited at quote time, but a few must be requested specifically before they will apply.
A quick disclaimer, most credits do not apply to the entire cost. Most only apply to the cost of specific coverages such as liability, collision or medical payments. So even though it sounds like all the discounts add up to a free policy, it doesn’t quite work that way.
Some of the larger companies that may include many of the previously listed discounts include:
If you need affordable insurance coverage quotes, ask every company to give you their best rates. All car insurance discounts might not apply in your area. To see a list of insurers that offer many of these discounts, click here.
Consumers can’t get away from all the ads that claim the best prices by companies like Allstate, GEICO and Progressive. All the companies seem to make the promise that drivers can save some big amount if you just switch your coverage.
How do they all say the same thing? This is how they do it.
Different companies give the cheapest rates for the right customer that will generate a profit. A good example of a profitable risk profile might have to be between 30 and 50, has no claims, and drives less than 10,000 miles a year. Anyone who fits those characteristics gets the lowest rates and most likely will save when switching.
Potential customers who do not meet the “perfect” profile will probably be forced to pay higher rates which translates to business not being written. Company advertisements say “customers that switch” but not “all drivers who get quotes” save that much when switching. That’s the way insurance companies can confidently lure you into getting a quote. This illustrates why you really should get insurance coverage quotes as often as possible. It is impossible to guess with any certainty which company will have the best premium rates.
When it comes to buying the best car insurance coverage, there isn’t really a single plan that fits everyone. Every situation is different so this has to be addressed. Here are some questions about coverages that may help you determine whether your personal situation would benefit from an agent’s advice.
If you can’t answer these questions but you know they apply to you, you might consider talking to a licensed agent. If you don’t have a local agent, complete this form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and you can get the answers you need.
Having a good grasp of a insurance policy can be of help when determining appropriate coverage at the best deductibles and correct limits. Insurance terms can be difficult to understand and even agents have difficulty translating policy wording. Shown next are the normal coverages available from insurance companies.
Coverage for liability
This coverage will cover damage that occurs to other people or property that is your fault. Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and property damage coverage for $100,000.
Liability insurance covers claims such as funeral expenses, repair bills for other people’s vehicles, bail bonds and legal defense fees. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as large an amount as possible.
Collision coverage protection
Collision insurance covers damage to your Patriot from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then the remaining damage will be paid by your insurance company.
Collision can pay for things like crashing into a building, scraping a guard rail and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. You can also increase the deductible to get cheaper collision coverage.
Comprehensive coverage
Comprehensive insurance covers damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.
Comprehensive coverage pays for claims like damage from getting keyed, vandalism, a tree branch falling on your vehicle, a broken windshield and theft. The most you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.
Medical payments coverage and PIP
Medical payments and Personal Injury Protection insurance pay for immediate expenses for surgery, rehabilitation expenses, dental work and pain medications. The coverages can be used to fill the gap from your health insurance plan or if you are not covered by health insurance. They cover both the driver and occupants in addition to getting struck while a pedestrian. Personal Injury Protection is not universally available and may carry a deductible
Uninsured/Underinsured Motorist coverage
This coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries as well as damage to your Jeep Patriot.
Because many people only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked.
In this article, we covered many tips how you can get a better price on 2010 Jeep Patriot insurance. The most important thing to understand is the more rate comparisons you have, the more likely it is that you will get a better rate. Consumers may even find the best price on insurance is with some of the lesser-known companies. Some small companies may only write in your state and offer lower premium rates compared to the large companies like State Farm, GEICO and Nationwide.
As you go through the steps to switch your coverage, it’s a bad idea to reduce coverage to reduce premium. There have been many cases where drivers have reduced comprehensive coverage or liability limits only to discover later that the small savings ended up costing them much more. Your goal should be to purchase a proper amount of coverage at the best price but still have enough coverage for asset protection.
More detailed insurance information is located by following these links: