2015 Jeep Compass Insurance Quotes

Want the cheapest auto insurance rates for your Jeep Compass? Comparison shopping for cheaper auto insurance may be frustrating for drivers not familiar with online insurance quotes. With such a big selection of agents and online companies, it can easily become a ton of work to locate the lowest price.

It’s a good idea to do price comparisons on a regular basis because auto insurance rates are variable and change quite frequently. Even if you got the best rate for Compass coverage a year ago there is a good chance you can find better prices now. Ignore everything you know about auto insurance because I’m going to let you in on the secrets to one of the best ways to buy cheaper auto insurance.

Compare insurance coverage price quotes online

To get inexpensive insurance quotes, there a variety of ways to compare rate quotes from many insurance coverage companies in your state. By far the easiest way to comparison shop is simply to get online rate quotes. It’s really quite simple and can be done in just a few minutes using one of these methods.

The best way to get the best comparison quotes would be an industry-wide quote request form click here to open form in new window. This method eliminates the need for repetitive form entry to each individual insurance coverage company. One form submission compares rates instantly. Just one form and you’re done.

A more time consuming way to compare prices requires visiting each company’s website and repeat the quote process. For sake of this example, we’ll assume you want to see prices from Allstate, Esurance and GEICO. You would need to take the time to go to each site and repeatedly enter your information, which can get rather old. For a list of companies in your area, click here.

It’s up to you which method you use, but do your best to enter apples-to-apples coverage limits and deductibles with every price quote. If you compare unequal deductibles or liability limits it will be very difficult to determine the lowest rate for your Jeep Compass. Quoting even small variations in insurance coverages or limits can make a big difference in price. Keep in mind that comparing more rates from different companies provides better odds of finding lower pricing. Not every company allows you to get price estimates online, so it’s important to also get quotes on coverage from those companies, too.

Lower rates by qualifying for discounts

Some companies do not advertise all disounts very clearly, so the below list has some of the best known and the more hidden discounts that may be available.

  • Professional Memberships – Affiliation with a qualifying organization can get you a small discount on your bill.
  • Cautious Driver Discount – Drivers without accidents can pay as much as 50% less for Compass coverage than their less cautious counterparts.
  • Distant Student Discount – Any of your kids who live away from home at college and won’t have access to an insured vehicle could qualify for this discount.
  • Pay Now and Pay Less – By making one initial payment instead of paying each month you may have a lower total premium amount.
  • Drivers Education – Cut your cost by having your teen driver successfully complete driver’s ed class if it’s offered in school.
  • Seat Belt Discounts – Using a seat belt and requiring all passengers to wear their seat belts can save a little on the premium charged for medical payments and/or PIP.
  • Discount for Good Grades – Excelling in school can be rewarded with saving of up to 25%. This discount can apply until age 25.

Discounts reduce rates, but you should keep in mind that most credits do not apply to your bottom line cost. The majority will only reduce the price of certain insurance coverages like physical damage coverage or medical payments. Just because you may think having all the discounts means you get insurance for free, you’re out of luck.

To see a list of providers with discount rates, click here.

How to lower your insurance prices

Many things are used when premium rates are determined. Some are pretty understandable such as traffic violations, but others are more obscure such as your credit history or your vehicle rating.The best way to find cheaper insurance is to take a look at the factors that come into play when calculating the rates you pay for insurance. If you have a feel for what impacts premium levels, this helps enable you to make changes that may result in big savings.

  • Policy add-ons add up – There are a lot of additional coverages you can purchase on your insurance policy. Coverages for coverage for rental cars, accident forgiveness, and membership fees may be costing you every month. These coverages may sound good when discussing your needs, but if you have no use for them remove them and pocket the money.
  • Decrease premiums by maintaining coverage – Allowing your coverage to lapse can be a quick way to drive up your policy premiums. Not only will you pay higher rates, being ticketed for driving with no insurance might get you a revoked license or a big fine. You may then be required to prove you have insurance by filing a SR-22 with your state DMV.
  • Don’t get traffic citations – Being a careful driver influences premium rates substantially. Drivers who don’t get tickets have lower premiums than bad drivers. Even a single speeding ticket may cause rates to rise substantially. Drivers who get serious violations such as DUI or reckless driving may find that they have to to prove financial responsibility with their state motor vehicle department in order to keep their license.
  • Pleasure use saves money – The more you drive your Jeep every year the more it will cost to insure it. Most companies charge rates based upon how you use the vehicle. Vehicles left parked in the garage can get a lower rate than vehicles that have high annual mileage. An incorrectly rated Compass may be costing you higher rates. Verify your insurance policy shows the right rating data, because improper ratings can cost you money.
  • Your address can impact price – Being located in areas with lower population has definite advantages when shopping for auto insurance. Residents of big cities tend to have more auto accidents and higher rates of accident claims. Fewer drivers and short commutes corresponds to lower accident rates in addition to lower liability claims
  • Reserve insurance claims for larger damages – If you tend to file frequent claims, you can expect higher rates. Insurance companies generally give the best rates to insureds who only file infrequent claims. Your insurance policy is meant to be used in the event of more catestrophic claims.
  • Stress out and pay more – Jobs like real estate brokersairline pilots and stock brokers usually pay the highest rates because of job stress and lots of time spent away from family. Other professions such as farmers, athletes and retirees get better rates for Compass coverage.
  • Liability claims can be big – The liability section of your policy kicks in in the event that you are determined to be liable for damages caused by your negligence. It provides legal defense coverage which can cost a lot. Liability insurance is quite affordable as compared to coverage for physical damage, so buy as much as you can afford.

Insurance is unique, just like you

When it comes to choosing proper insurance coverage for your vehicles, there really is no one size fits all plan. Every insured’s situation is different.

These are some specific questions can help discover whether or not you would benefit from an agent’s advice.

  • Which is better, split liability limits or combined limits?
  • Am I covered by my spouse’s policy after a separation?
  • Why am I required to get a high-risk car insurance policy?
  • What can I do if my company won’t pay a claim?
  • Is motorclub coverage worth it?
  • Is rental equipment covered for theft or damage?
  • Do I have coverage when pulling a U-Haul trailer?
  • Can my teen drive my company car?
  • Can I get a multi-policy discount for packaging my home and auto coverage?

If it’s difficult to answer those questions but a few of them apply, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, complete this form.

Car insurance coverages for a Jeep Compass

Knowing the specifics of your policy helps when choosing which coverages you need and the correct deductibles and limits. The terms used in a policy can be ambiguous and nobody wants to actually read their policy.

Medical payments and PIP coverage – Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses for chiropractic care, doctor visits, pain medications, dental work and prosthetic devices. The coverages can be used to fill the gap from your health insurance plan or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. PIP coverage is not an option in every state but can be used in place of medical payments coverage

UM/UIM (Uninsured/Underinsured Motorist) coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle from other motorists when they do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.

Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Frequently your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Comprehensive auto coverage – This coverage pays for damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like rock chips in glass, theft, damage from a tornado or hurricane and damage from flooding. The maximum amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Collision coverage – Collision coverage will pay to fix damage to your Compass from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims such as crashing into a building, rolling your car and scraping a guard rail. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. You can also raise the deductible in order to get cheaper collision rates.

Auto liability – This provides protection from damage or injury you incur to other people or property. It protects you against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 50/100/50 which means a $50,000 limit per person for injuries, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property. Alternatively, you may have a combined single limit or CSL which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage protects against claims like repair costs for stationary objects, repair bills for other people’s vehicles, loss of income and medical expenses. The amount of liability coverage you purchase is up to you, but you should buy as large an amount as possible.

Smart consumers save more

Cheap 2015 Jeep Compass insurance can be sourced both online and also from your neighborhood agents, and you need to comparison shop both to have the best chance of lowering rates. A few companies may not offer the ability to get a quote online and usually these small, regional companies prefer to sell through independent agencies.

Drivers who switch companies do it for a number of reasons such as denial of a claim, unfair underwriting practices, high rates after DUI convictions and not issuing a premium refund. It doesn’t matter what your reason, switching insurance companies is pretty simple and you could end up saving a buck or two.

When trying to cut insurance costs, never skimp on critical coverages to save a buck or two. In many instances, an accident victim reduced liability coverage limits only to regret at claim time that a couple dollars of savings turned into a financial nightmare. The aim is to find the BEST coverage at the best price, but do not sacrifice coverage to save money.

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