Cheaper 1994 Jeep Cherokee Insurance Cost

Looking for cheaper car insurance rates for your Jeep Cherokee? I can’t think of anyone who likes paying for car insurance, especially when the cost is too high.

There are many insurers to purchase coverage from, and though it is a good thing to have a choice, so many choices can make it hard to find the best rates.

It’s a great practice to compare prices once or twice a year because insurance rates are rarely the same from one policy term to another. Despite the fact that you may have had the best rates for Cherokee insurance six months ago you will most likely find a better rate today. Block out anything you think you know about car insurance because you’re about to learn the proper way to find the best coverage while lowering your premiums.

Cheap Car Insurance Comparisons

Performing a rate comparison can be exhausting if you don’t utilize the most efficient way. You can waste a few hours (or days) discussing policy coverages with insurance companies in your area, or you could save time and use the web to get the quickest rates.

Many popular insurance companies are enrolled in a marketplace that enables customers to enter their policy data once, and every company provides a quote based on that information. This system prevents you from having to do quote forms to each company. To find out what other companies charge for 1994 Jeep Cherokee insurance click here to open in new window.

One minor caviat to comparing rates this way is you are unable to specify the insurers you want to price. If you would rather choose specific insurance companies to compare rates, we have a listing of low cost car insurance companies in your area. View list of insurance companies.

It’s your choice how you get your quotes, but ensure you are comparing apples-to-apples coverage information for each comparison quote. If your comparisons have different values for each quote you will not be able to truly determine the lowest rate. Quoting even small variations in insurance coverages can make a big difference in price. Just keep in mind that getting more free quotes provides better odds of finding a better price.

Don’t assume everyone needs the same coverage

When it comes to choosing adequate coverage, there really is not a “best” method to buy coverage. Coverage needs to be tailored to your specific needs and your policy should reflect that. For instance, these questions may help highlight if your situation may require specific advice.

  • Can my babysitter drive my car?
  • Should I drop comprehensive coverage on older vehicles?
  • Is a blown tire covered by insurance?
  • Am I covered when using my vehicle for business?
  • Does liability extend to a camper or trailer?
  • Should I have combined single limit or split liability limits?
  • Is a new car covered when I drive it off the dealer lot?
  • Does medical payments coverage apply to all occupants?
  • Will I be non-renewed for getting a DUI or other conviction?

If it’s difficult to answer those questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form or you can go here for a list of companies in your area.

Car insurance coverage specifics

Understanding the coverages of your car insurance policy helps when choosing appropriate coverage and the correct deductibles and limits. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording. Shown next are the normal coverages found on most car insurance policies.

Liability auto insurance – Liability insurance will cover injuries or damage you cause to other people or property that is your fault. This insurance protects YOU against other people’s claims, and does not provide coverage for your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000. Another option is one number which is a combined single limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability insurance covers claims such as bail bonds, legal defense fees and medical expenses. How much coverage you buy is your choice, but buy higher limits if possible.

Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses for nursing services, hospital visits and EMT expenses. They can be utilized in addition to your health insurance policy or if you lack health insurance entirely. Coverage applies to you and your occupants and also covers being hit by a car walking across the street. PIP is not available in all states and may carry a deductible

Uninsured or underinsured coverage – Your UM/UIM coverage gives you protection from other drivers when they either have no liability insurance or not enough. It can pay for injuries to you and your family and also any damage incurred to your 1994 Jeep Cherokee.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Most of the time these coverages do not exceed the liability coverage limits.

Comprehensive protection – Comprehensive insurance will pay to fix damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like hitting a bird, theft, hail damage, vandalism and damage from a tornado or hurricane. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Collision coverages – Collision coverage will pay to fix damage to your Cherokee from colliding with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as rolling your car, damaging your car on a curb, colliding with a tree, driving through your garage door and hitting a parking meter. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. It’s also possible to increase the deductible to bring the cost down.