2019 Jeep Cherokee Insurance Cost – 5 Tips for Cheaper Prices

Searching for cheaper insurance coverage rates for your Jeep Cherokee? Nobody I know looks forward to buying insurance coverage, particularly when it costs too dang much.

Since people have many different company options, it is hard for the average consumer to choose the lowest price company.

Buying car insurance is quite easy. If you are paying for car insurance now, you will most likely be able to save some money using these tips. Nevertheless, consumers do need to know how companies determine prices and apply this information to your search.

Take advantage of every auto insurance discount

Auto insurance can be pricey, but you might already qualify for some discounts that can drop the cost substantially. Some trigger automatically at the time of purchase, but some may not be applied and must be specially asked for prior to receiving the credit.

  • Early Switch Discount – Some companies give discounts for signing up early. This can save 10% or more.
  • New Car Discount – Buying a new car instead of a used car may earn a small discount due to better safety requirements for new vehicles.
  • Low Mileage Discounts – Low mileage vehicles could be rewarded with lower premium rates on the low mileage vehicles.
  • Include Life Insurance and Save – Insurance companies who offer life insurance give a discount if you purchase life insurance.
  • Seat Belt Discounts – Using a seat belt and requiring all passengers to fasten their seat belts may be able to save a few bucks off the personal injury premium cost.

As a sidenote, some credits don’t apply to the entire policy premium. Most only apply to specific coverage prices like physical damage coverage or medical payments. If you do the math and it seems like adding up those discounts means a free policy, it doesn’t quite work that way. Any qualifying discounts will definitely reduce your overall bill.

A few popular companies and a selection of discounts are:

  • State Farm offers premium reductions for accident-free, defensive driving training, multiple policy, safe vehicle, and multiple autos.
  • Nationwide offers discounts including accident-free, family plan, easy pay, Farm Bureau membership, defensive driving, anti-theft, and good student.
  • GEICO policyholders can earn discounts including good student, anti-lock brakes, driver training, seat belt use, anti-theft, federal employee, and multi-policy.
  • AAA offers discounts for multi-policy, multi-car, good driver, AAA membership discount, good student, and pay-in-full.
  • 21st Century discounts include air bags, anti-lock brakes, defensive driver, homeowners, 55 and older, theft prevention, and teen driver.
  • The Hartford may include discounts for bundle, good student, anti-theft, vehicle fuel type, air bag, and driver training.

When getting a coverage quote, ask every company how many discounts you can get. Savings might not be offered in your area. To locate auto insurance companies who offer cheap auto insurance quotes, click here to view.

How to know if you need help

When choosing coverage for your personal vehicles, there really is not a “best” method to buy coverage. Everyone’s situation is a little different so your insurance needs to address that. For example, these questions can aid in determining whether you might need professional guidance.

  • How does medical payments coverage work?
  • When should I buy a commercial auto policy?
  • Should I buy full coverage?
  • Does my 2019 Jeep Cherokee need full coverage?
  • Why am I required to buy liability insurance?
  • Do I benefit by insuring my home with the same company?
  • Does my insurance cover a custom paint job?

If you can’t answer these questions but one or more may apply to you, you might consider talking to an agent. To find lower rates from a local agent, complete this form or click here for a list of insurance coverage companies in your area.

Do drivers who switch really save $463 a year?

Big name companies like Allstate and Progressive constantly bombard you with ads in print and on television. All the companies seem to make the promise that drivers will save a bundle if you get a free insurance quote and switch your coverage. It sounds good, but how can they all charge you a lower premium? Just pay attention to how they say it.

Car insurance companies are able to cherry pick for a prospective insured that earns them a profit. A good example of a driver they prefer could possibly be between 30 and 50, owns a home, and drives less than 5,000 miles a year. A driver that fits those parameters may get the lowest premium rates and therefore will save when they switch companies.

Insureds who are not a match for these standards will have to pay a higher premium which translates to the customer buying from someone else. The ads state “drivers that switch” not “everyone who quotes” will save that much if they switch. That’s why insurance companies can make claims that they all have the best premium rates. Because of these techniques, drivers should compare quotes as often as possible. It is impossible to guess which company will have the lowest rate quotes.

Insurance coverages explained

Having a good grasp of a insurance policy aids in choosing the best coverages at the best deductibles and correct limits. Policy terminology can be confusing and nobody wants to actually read their policy. Shown next are the usual coverages available from insurance companies.

Liability auto insurance

Liability insurance provides protection from injuries or damage you cause to other’s property or people. It protects you against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show limits of 25/50/25 which means $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000.

Liability insurance covers things like emergency aid, medical services, bail bonds and attorney fees. How much coverage you buy is a personal decision, but you should buy as much as you can afford.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Collision coverage

Collision coverage covers damage to your Cherokee from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things such as crashing into a building, hitting a mailbox, hitting a parking meter, driving through your garage door and colliding with a tree. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. You can also increase the deductible to bring the cost down.

Comprehensive protection

Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things such as falling objects, hitting a deer, a broken windshield and theft. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage pay for bills like doctor visits, prosthetic devices, dental work and hospital visits. They are often used to cover expenses not covered by your health insurance plan or if you do not have health coverage. Coverage applies to you and your occupants as well as being hit by a car walking across the street. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay

Don’t be a big spender

Lower-priced insurance coverage can be purchased online and with local insurance agents, so you should be comparing quotes from both in order to have the best chance of saving money. Some companies may not provide rate quotes online and most of the time these small, regional companies work with local independent agencies.

When searching for cheaper insurance quotes, it’s a bad idea to reduce needed coverages to save money. There have been many cases where someone sacrificed liability coverage limits to discover at claim time that saving that couple of dollars actually costed them tens of thousands. Your strategy should be to buy a smart amount of coverage for the lowest cost, but do not skimp to save money.

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