Save on 2012 Jeep Compass Insurance Rates

Buying insurance coverage online may seem to be difficult if you haven’t ever compared insurance using rate quotes online. But don’t throw in the towel because we’re going to show you how.

Jeep Compass insurance premium factors

The best way to find cheaper insurance coverage is to take a look at some of the elements that play a part in calculating your insurance coverage rates. When you understand what determines premiums, this helps enable you to make changes that could help you find lower insurance coverage prices. Multiple criteria are used when you get your auto insurance bill. A few of the factors are predictable such as your driving record, although some other factors are not as apparent such as whether you are married or how safe your car is.

Listed below are most of the major factors companies use to determine rates.

  • Deductibles are a factor – Physical damage insurance, aka comp and collision, covers damage that occurs to your Jeep. Some instances where coverage would apply are a windshield shattered by a rock, collision with an animal, and damage from a fallen tree branch. Deductibles for physical damage are the amount of money you are required to spend before a claim is paid by your company. The more money you are required to pay out-of-pocket, the less your company will charge you for insurance for Compass insurance.
  • Avoid traffic tickets – Good drivers get better prices than their less careful counterparts. Getting just one citation can bump up the cost by as much as thirty percent. Drivers who have received license-revoking violations such as DUI or willful reckless driving may find that they have to to file a proof of financial responsibility form (SR-22) with the DMV in their state in order to prevent their license from being revoked.
  • Save money with good credit – An insured’s credit score will be a significant factor in determining your rates. Insureds that have very high credit ratings tend to be more responsible and file fewer claims than those with lower credit scores. If your credit is low, you could potentially save money when insuring your 2012 Jeep Compass by improving your credit score.
  • Cut rates and deter theft – Owning a car that has a built-in theft deterrent system can save you some money. Advanced theft deterrents like GM’s OnStar, tamper alarm systems and vehicle immobilizers can help prevent your car from being stolen.
  • Keep prices low by being claim-free – If you tend to file frequent claims, you shouldn’t be surprised to get either a policy non-renewal or much higher rates. Insurance companies award discounts to drivers who are claim-free. Insurance coverage is intended for larger claims.

Auto insurance quotes and discounts

Some providers don’t always advertise all available discounts in an easy-to-find place, so the list below details both well-publicized and also the more inconspicuous discounts you could be receiving when you buy auto insurance online.

  • Discounts for Government Workers – Having worked for a branch of the government could cut as much as 10% off for Compass insurance with some auto insurance companies.
  • Passenger Safety Discount – Vehicles with factory air bags and/or automatic seat belt systems may qualify for discounts of up to 25% or more.
  • More Vehicles More Savings – Having more than one vehicle with one company could earn a price break for each car.
  • Auto/Home Discount – If you insure your home and vehicles with one insurance company they may give you a discount of at least 10% off all policies.
  • Early Payment Discounts – If paying your policy premium upfront rather than spreading payments over time you can actually save on your bill.
  • Military Discounts – Being deployed in the military could be rewarded with lower auto insurance rates.
  • Accident Free – Insureds who avoid accidents and claims pay less as compared to drivers who are more careless.
  • Sign Early and Save – A few companies offer discounts for buying a policy before your current policy expires. Ten percent is about the average savings.
  • Smart Student Discounts – Being a good student may save as much as 25% on a auto insurance quote. You can use this discount normally up until you turn 25.

We need to note that most discount credits are not given to the overall cost of the policy. The majority will only reduce the cost of specific coverages such as physical damage coverage or medical payments. Just because you may think you can get free auto insurance, auto insurance companies aren’t that generous.

Some of the insurance companies that may offer policyholders many of the previously listed discounts include:

If you are trying to find cheap auto insurance quotes, ask every company to apply every possible discount. Some of the discounts discussed earlier might not apply in your area.

Save $431 a year! What?

Insurance coverage providers like Progressive, Allstate and GEICO continually stream ads in print and on television. They all seem to advertise the message that drivers will save a bundle if you move your insurance coverage policy to them. How can each company say the same thing? This is the trick they use.

Insurance providers have specific criteria for the type of insured that will add to their bottom line. For example, a driver they prefer should be married and over the age of 30, has no tickets, and drives less than 10,000 miles a year. A customer that meets those criteria may get the lowest rates and therefore will save money with a new company.

People who do not match those criteria will be quoted a higher rate and ends up with business not being written. Company advertisements say “people that switch” but not “all drivers who get quotes” can save as much as they claim. That’s why companies can make it sound like they have such great rates.

Because of this risk profiling, you absolutely need to compare as many free auto insurance quotes as you can. It’s not possible to predict with any certainty which company will have the best prices.

Situations that may require an agent’s advice

When it comes to choosing proper insurance coverage for your personal vehicles, there is no single plan that fits everyone. Everyone’s needs are different.

For example, these questions might help in determining whether your personal situation might need an agent’s assistance.

  • Is my babysitter covered when using my vehicle?
  • Do I really need UM/UIM coverage?
  • How do I insure my teen driver?
  • Is my state a no-fault state?
  • Do I need replacement cost coverage on my 2012 Jeep Compass?
  • Do I need PIP coverage since I have good health insurance?
  • Do I pay less for low miles?
  • Does my 2012 Jeep Compass need full coverage?

If you’re not sure about those questions but one or more may apply to you then you might want to talk to an agent. If you want to speak to an agent in your area, fill out this quick form.

Auto insurance specifics

Learning about specific coverages of your policy helps when choosing the best coverages for your vehicles. Auto insurance terms can be ambiguous and even agents have difficulty translating policy wording.

Auto liability insurance

Liability coverage protects you from damage that occurs to other people or property that is your fault. This insurance protects YOU from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 25/50/25 that means you have a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property. Occasionally you may see a combined single limit or CSL which limits claims to one amount and claims can be made without the split limit restrictions.

Liability can pay for things such as medical expenses, legal defense fees, emergency aid, loss of income and pain and suffering. The amount of liability coverage you purchase is your choice, but you should buy as much as you can afford.

Collision coverage

This coverage covers damage to your Compass resulting from colliding with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as sideswiping another vehicle, damaging your car on a curb, backing into a parked car, hitting a mailbox and driving through your garage door. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. Another option is to choose a higher deductible to bring the cost down.

Coverage for medical payments

Coverage for medical payments and/or PIP reimburse you for expenses like pain medications, rehabilitation expenses, X-ray expenses, funeral costs and prosthetic devices. The coverages can be utilized in addition to your health insurance policy or if you are not covered by health insurance. It covers all vehicle occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay

Comprehensive coverages

This coverage covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as a tree branch falling on your vehicle, fire damage and a broken windshield. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Jeep Compass.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is very important. Frequently these coverages do not exceed the liability coverage limits.

At the end of the day…

In this article, we covered many ways to compare 2012 Jeep Compass insurance prices online. The key concept to understand is the more you quote auto insurance, the higher your chance of finding affordable auto insurance. Consumers could even find that the lowest prices come from some of the lesser-known companies.

Insureds who switch companies do it for a number of reasons such as denial of a claim, poor customer service, questionable increases in premium or policy cancellation. No matter why you want to switch, switching insurance companies is easier than you think.

Cost effective 2012 Jeep Compass insurance can be sourced on the web and from local insurance agents, and you need to comparison shop both to have the best chance of lowering rates. Some insurance providers don’t offer online rate quotes and these smaller companies only sell coverage through independent agents.

Other learning opportunities