2003 Jeep Grand Cherokee Car Insurance Rates – 8 Ideas for Cheaper Quotes

Looking for better insurance coverage rates for your Jeep Grand Cherokee? Overpriced Jeep Grand Cherokee insurance can drain your savings account and make it hard to pay other bills. Shopping your coverage around is free and is an excellent way to make sure you’re not throwing money away. Drivers have so many car insurance companies to choose from, and although it’s nice to have a selection, it can be more challenging to compare rates and cut insurance costs.

It’s a good habit to compare prices occasionally since rates trend upward over time. Just because you had the lowest price for Grand Cherokee insurance six months ago other companies may now be cheaper. So forget anything you know (or think you know) about insurance coverage because I’m going to teach you the quickest way to reduce your cost while increasing coverage.

Shopping for the cheapest protection is quite easy. If you have insurance now or are shopping for new coverage, you can use these tips to reduce the price you pay and still get good coverage. Vehicle owners just need to understand how to compare prices on the web.

How to Compare Insurance

All the larger insurance companies such as Allstate, Geico and Progressive give insurance quotes directly from their websites. This process is quite simple as you simply type in the coverage amounts you desire as requested by the quote form. After you complete the form, the company’s rating system requests your driving and credit reports and generates pricing information based on many factors. Quoting online streamlines rate comparisons, but the time required to go to each company’s website and repetitively enter the same data into a form is monotonous and tiresome. But it’s very important to do this if you are searching for lower prices.

There is an easier way!

The smarter way to lower your insurance bill makes use of a single form to get prices from a lot of companies. It saves time, requires less work, and makes comparison shopping much more efficient. After your information is entered, it is rated and you can select any or none of the quotes that you receive.

If one or more price quotes are lower than your current rates, you can simply submit the application and buy the new coverage. This process takes less than 15 minutes and may result in a nice savings.

To find out how much you’re overpaying now, click here to open in new window and submit the form. If you have your current policy handy, we recommend you type in the coverage information as shown on your current policy. Doing this assures you will be getting an apples-to-apples comparison using the exact same coverages.

Verify you’re getting all your discounts

Car insurance can cost a lot, but there are discounts available that many people don’t even know exist. Some trigger automatically at the time of quoting, but a few must be specially asked for before you get the savings. If you’re not getting every credit possible, you’re paying more than you need to.

  • Passive Restraint Discount – Vehicles equipped with air bags and/or automatic seat belt systems can get savings of 20% or more.
  • Safety Course Discount – Completing a defensive driving course could possibly earn you a 5% discount and easily recoup the cost of the course.
  • Discount for Good Grades – Performing well in school can be rewarded with saving of up to 25%. This discount can apply well after school through age 25.
  • Drive Safe and Save – Drivers who avoid accidents can get discounts for up to 45% lower rates for Grand Cherokee insurance than less cautious drivers.
  • Drivers Education – Cut your cost by having your teen driver successfully complete driver’s ed class if it’s offered in school.
  • Distant Student – Any of your kids living away from home attending college and do not have a car can be insured at a reduced rate.
  • Seat Belts Save more than Lives – Using a seat belt and requiring all passengers to wear their seat belts can save up to 15% off your medical payments premium.
  • Multi-policy Discount – When you combine your home and auto insurance with one company you could get a discount of at least 10% off all policies.

Keep in mind that some credits don’t apply to the overall cost of the policy. Most only reduce the price of certain insurance coverages like comprehensive or collision. So despite the fact that it appears all those discounts means the company will pay you, you won’t be that lucky. Any qualifying discounts will cut your overall premium however.

For a list of providers who offer insurance coverage discounts, follow this link.

When should I talk to an agent?

When it comes to buying the right insurance coverage, there isn’t really a perfect coverage plan. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. For instance, these questions could help you determine if your situation will benefit from professional help.

  • Does coverage extend to Mexico or Canada?
  • Is other people’s property covered if stolen from my vehicle?
  • Is my camper covered by my car insurance policy?
  • Are there companies who specialize in insuring high-risk drivers?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Does my policy cover my teen driver if they drive my company car?
  • Is my trailer covered?
  • What are the financial responsibility laws in my state?

If you can’t answer these questions, then you may want to think about talking to a licensed agent. If you don’t have a local agent, fill out this quick form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and may give you better protection.

Auto insurance 101

Having a good grasp of auto insurance can be of help when determining the best coverages and proper limits and deductibles. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording. Shown next are typical coverage types available from auto insurance companies.

Coverage for medical payments

Coverage for medical payments and/or PIP kick in for immediate expenses like pain medications, X-ray expenses, rehabilitation expenses, hospital visits and nursing services. They can be used in conjunction with a health insurance policy or if there is no health insurance coverage. They cover both the driver and occupants and will also cover getting struck while a pedestrian. PIP coverage is not universally available and may carry a deductible

Collision insurance

Collision insurance pays for damage to your Grand Cherokee from colliding with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage pays for claims such as colliding with another moving vehicle, hitting a parking meter, sustaining damage from a pot hole and backing into a parked car. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. Another option is to bump up the deductible to bring the cost down.

Uninsured and underinsured coverage

This provides protection when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants and damage to your Jeep Grand Cherokee.

Due to the fact that many drivers carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage is a good idea. Frequently these limits are similar to your liability insurance amounts.

Comprehensive coverages

Comprehensive insurance pays for damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things such as damage from a tornado or hurricane, a tree branch falling on your vehicle, hitting a bird and theft. The maximum amount a auto insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Liability coverages

Liability insurance can cover damages or injuries you inflict on a person or their property that is your fault. 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 50/100/50 that means you have $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Another option is a combined limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage pays for things such as legal defense fees, medical expenses and attorney fees. How much coverage you buy is your choice, but buy as high a limit as you can afford.

Be a money saver!

We just covered quite a bit of information on how to shop for 2003 Jeep Grand Cherokee insurance online. It’s most important to understand that the more price quotes you have, the better your chances of lowering your rates. Drivers may discover the biggest savings come from an unexpected company. These smaller insurers may often insure only within specific states and give getter rates than their larger competitors like State Farm or Progressive.

When shopping online for insurance, you should never reduce coverage to reduce premium. There are many occasions where an insured cut liability limits or collision coverage only to discover later that the few dollars in savings costed them thousands. Your aim should be to purchase a proper amount of coverage at an affordable rate, not the least amount of coverage.

Low-cost insurance is available on the web and also from your neighborhood agents, and you need to comparison shop both to have the best rate selection. There are still a few companies who may not provide you the ability to get quotes online and usually these small insurance companies provide coverage only through local independent agents.

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