Cheaper 2016 Jeep Cherokee Insurance Rates

Being forced to pay for expensive auto insurance premiums can empty your monthly budget and require stricter spending habits. Comparing price quotes can lower your rates and help to ensure you are getting the best deal.

Due to the abundance of options when it comes to auto insurance, it can be hard to pick the cheapest insurer.

It’s a great practice to price shop coverage before your next renewal because auto insurance prices are variable and change quite frequently. Even if you got the best deal on Cherokee coverage on your last policy a different company probably has better rates today. Forget all the misinformation about auto insurance because I’m going to teach you how to quote online to find lower rates on auto insurance.

Buying car insurance is not rocket science. Basically, every driver who buys auto insurance will most likely be able to cut their insurance bill. But consumers can benefit by having an understanding of how big insurance companies sell insurance online and apply this information to your search.

How much is insurance?

When shopping for low cost insurance coverage quotes, there are a couple of ways of comparing rate quotes from many available insurance companies in your state. The easiest way to lower the rate you pay for 2016 Jeep Cherokee insurance consists of shopping online. This is very easy and can be done in just a few minutes using one of these methods.

The simplest way consumers can analyze rates is a comparison rater form like this one (opens in new window). This easy form saves time by eliminating separate forms for every prospective company. A single, simple form gets coverage cost estimates from several companies.

A slightly less efficient method to compare rate quotes consists of going to each individual company website and fill out their own quote form. For instance, we’ll pretend you are doing a rate comparison from GEICO, State Farm and GMAC. To get each rate you have to go to each individual site and enter your information, which explains why we recommend starting with the first method.

For a handy list of car insurance company links in your area, click here.

Even if you have time, the least recommended method to compare price estimates is to drive around to each insurance agency near you. The ability to get quotes online eliminates the middleman unless you require the trained guidance that only an agent can give. However, consumers can comparison shop your insurance online but purchase the actual policy in an agency.

Whichever way you use, make sure you compare exactly the same coverages and limits with each company. If you enter different coverage information it’s not possible to make a fair rate comparison. Even a minor difference in insurance coverages could mean much higher rates. And when quoting insurance, remember that making a lot of price comparisons provides better odds of finding a lower rate than you’re paying now. Some smaller insurers to not give prices over the internet, so it’s necessary to compare price quotes from them as well.

More affordable rates with these auto insurance discounts

Car insurance companies do not advertise all available discounts very clearly, so the following list contains some of the best known as well as the least known credits that may apply to you. If you do not double check each discount available, it’s possible you qualify for a lower rate.

  • New Vehicle Savings – Insuring a new car may earn a small discount since newer vehicles have better safety ratings.
  • Multi-line Discount – Select companies reward you with a break if you buy a life policy as well.
  • Driver Safety – Participating in a course in driver safety is a good idea and can lower rates and make you a better driver.
  • ABS Braking Discount – Vehicles equipped with ABS or steering control can reduce accidents and will save you 10% or more.
  • Membership in Organizations – Being in certain professional organizations is a good way to get lower rates on your next auto insurance statement.

Discounts save money, but please remember that many deductions do not apply to the entire policy premium. Some only reduce the cost of specific coverages such as comprehensive or collision. So even though they make it sound like you can get free auto insurance, you aren’t that lucky.

A list of companies and a summarized list of policyholder discounts are shown below.

  • State Farm includes discounts for good driver, multiple autos, driver’s education, Steer Clear safe driver discount, and Drive Safe & Save.
  • American Family policyholders can earn discounts including good driver, defensive driver, Steer into Savings, early bird, and bundled insurance.
  • GEICO may have discounts that include multi-vehicle, anti-lock brakes, air bags, military active duty, and daytime running lights.
  • 21st Century offers discounts including teen driver, early bird, air bags, anti-lock brakes, student driver, driver training, and good student.
  • Progressive has discounts for good student, online signing, online quote discount, multi-vehicle, homeowner, continuous coverage, and multi-policy.

When getting free insurance coverage quotes, it’s a good idea to each company which discounts can lower your rates. Some of the discounts discussed earlier might not apply in your area. To find insurance companies with significant discounts, click this link.

Insurance coverage can get complicated

When it comes to buying adequate coverage, there really is not a “perfect” insurance plan. Each situation is unique and your policy should reflect that. For instance, these questions might help in determining if your situation could use an agent’s help.

  • Should I buy additional glass protection?
  • What is PIP insurance?
  • Should I have combined single limit or split liability limits?
  • I have a DUI can I still get coverage?
  • Am I covered when using my vehicle for business?
  • Is my nanny covered when driving my vehicle?
  • When would I need rental car insurance?
  • Can I make deliveries for my home business?
  • Does medical payments coverage apply to all occupants?
  • Am I covered when driving a rental car?

If you can’t answer these questions, you might consider talking to a licensed agent. If you want to speak to an agent in your area, simply complete this short form or you can also visit this page to select a carrier

Why your insurance prices might be higher

Lots of things are used in the calculation when quoting car insurance. A few of the factors are predictable such as your driving record, although some other factors are more obscure like your vehicle usage or your financial responsibility.Consumers need to have an understanding of some of the things that go into determining the level of your policy premiums. If you have a feel for what controls the rates you pay, this allows you to make educated decisions that could result in lower premium levels.

  • Low mileage costs less – The more you drive your Jeep each year the higher your rate. A lot of companies calculate rates determined by how the vehicle is used. Cars and trucks that have low annual miles cost less to insure than those that get driven frequently. Improper usage on your Cherokee may be costing you higher rates. It’s always a good idea to double check that your policy is showing the correct usage for each vehicle.
  • Policy add-ons add up – Policies have additional coverages that you can get tricked into buying but may not be useful. Add-on coverages like rental car reimbursement, high-cost glass coverage, and motor club memberships may not be needed and are just wasting money. The coverages may be enticing initially, but your needs may have changed so eliminate them to save money.
  • Low comp and collision deductibles can be expensive – Coverage for physical damage, also known as collision and other-than-collision, covers damage that occurs to your Jeep. Some instances where coverage would apply are collision with another vehicle, hail damage, and windstorm damage. The deductibles are how much you are required to spend if the claim is covered. The higher the amount you are required to pay out-of-pocket, the better rate you will receive on Cherokee coverage.
  • Your age impacts your costs – Inexperience drivers are statistically proven to be less responsible when at the wheel of a vehicle so they pay higher car insurance rates. Older people are proven to be safer behind the wheel, tend to cause fewer accidents and tend to be get fewer driving tickets.
  • Do safer cars cost less to insure? – Vehicles with good safety scores can get you lower premiums. Safe vehicles reduce injuries and lower injury rates translates into savings for insurance companies and cheaper rates on your policy. If your Jeep has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may qualify for a discount.

Insurance specifics

Understanding the coverages of your insurance policy can be of help when determining which coverages you need and proper limits and deductibles. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording. These are typical coverages available from insurance companies.

UM/UIM Coverage

This protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants and damage to your Jeep Cherokee.

Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family.

Collision coverage protection

Collision insurance will pay to fix damage to your Cherokee resulting from colliding with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision can pay for things like crashing into a ditch, sideswiping another vehicle, hitting a mailbox and backing into a parked car. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to choose a higher deductible to save money on collision insurance.

Auto liability

Liability coverage will cover damage that occurs to other people or property that is your fault. This coverage protects you against other people’s claims. Liability doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see liability limits of 50/100/50 which means a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability can pay for claims like repair bills for other people’s vehicles, court costs and medical expenses. The amount of liability coverage you purchase is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Comprehensive or Other Than Collision

Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like damage from flooding, fire damage and a broken windshield. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Medical costs insurance

Med pay and PIP coverage reimburse you for expenses like pain medications, funeral costs, X-ray expenses and EMT expenses. They are used to cover expenses not covered by your health insurance plan or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants in addition to being hit by a car walking across the street. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Save your cold hard cash

As you quote insurance coverage, make sure you don’t skimp on coverage in order to save money. There are a lot of situations where consumers will sacrifice physical damage coverage only to regret that saving that couple of dollars actually costed them tens of thousands. Your aim should be to purchase a proper amount of coverage at the best price.

Budget-conscious 2016 Jeep Cherokee insurance can be found both online as well as from independent agents, and you need to price shop both in order to have the best price selection to choose from. Some insurance companies may not provide online quoting and most of the time these smaller companies only sell coverage through independent agents.

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