2006 Jeep Grand Cherokee Insurance Cost – 6 Tips for Best Prices

Trying to find lower car insurance rates for your Jeep Grand Cherokee? Feel like you’re a prisoner to overpriced car insurance? Believe me when I say there are lots of people in the same boat. Many insurance companies vie for your business, and it can be difficult to compare rates to discover the definitive lowest rate

If you have a current insurance coverage policy or need new coverage, you can learn to shop for the lowest rates and possibly find even better coverage. Finding the best rates is not rocket science. Consumers just need to know the proper way to shop for insurance coverage on the web.

How to Compare Car Insurance Rates

Finding a better price on car insurance can be quick and easy. All you need to do is invest a few minutes to compare quotes provided by online insurance companies. It is quite easy and can be accomplished in several different ways.

  • The first (and easiest) way to get quotes would be an industry-wide quote request form like this one (opens in new window). This form eliminates the need for multiple quote forms for every car insurance company. Filling out one form gets you price quotes direct from many companies.
  • Another way to compare prices requires you to visit the website for every company you want to comare and complete a new quote form. For sake of this example, let’s say you want rates from Liberty Mutual, 21st Century and State Farm. You would have to visit each site and enter your policy data, and that’s why the first method is more popular. To view a list of companies in your area, click here.
  • The least efficient way of getting rate comparisons is driving to and from local insurance agencies. Buying insurance online can eliminate the need for a local agent unless you want the trained guidance that only a license agent can provide. You can, however, comparison shop online but buy from a local insurance agent.

Whichever method you choose, make darn sure you compare exactly the same information on every quote you get. If you have higher or lower deductibles it will be next to impossible to decipher which rate is best.

Don’t miss these six discounts

Insurance can be prohibitively expensive, but there could be available discounts to help bring down the price. Certain discounts will be applied when you quote, but a few need to be specially asked for prior to receiving the credit. If you’re not getting every credit available, you’re just leaving money on the table.

  • Accident Free – Claim-free drivers can earn big discounts as compared to accident-prone drivers.
  • Paperwork-free – Some insurance companies will give a small break for buying a policy and signing up on their website.
  • Safety Course Discount – Successfully completing a course in driver safety could possibly earn you a 5% discount if you qualify.
  • Military Rewards – Being deployed with a military unit could be rewarded with lower premiums.
  • Anti-lock Brake System – Vehicles with anti-lock braking systems can avoid accidents and earn discounts up to 10%.
  • Homeowners Savings – Simply owning a home may earn you a small savings because of the fact that having a home requires personal responsibility.

As a disclaimer on discounts, most of the big mark downs will not be given to the entire cost. Most cut specific coverage prices like collision or personal injury protection. So even though they make it sound like you would end up receiving a 100% discount, it just doesn’t work that way. But any discount will reduce your overall premium however.

To see a list of insurers who offer auto insurance discounts, click this link.

When might I need help?

When buying the right insurance coverage for your personal vehicles, there really is no cookie cutter policy. Coverage needs to be tailored to your specific needs and your policy should reflect that. For example, these questions may help highlight if you could use an agent’s help.

  • If my 2006 Jeep Grand Cherokee is totaled, can I afford another vehicle?
  • Is my trailer covered?
  • Am I covered if hit by an uninsured driver?
  • Is my teen driver covered when they drive my company car?
  • What is the difference between comprehensive and collision coverage?
  • Am I covered if my car is in a flood?
  • I have good health insurance, so how much medical payments coverage do I need?
  • What should my uninsured motorist coverage limits be in my state?
  • Who is covered by my policy?

If you’re not sure about those questions, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, complete this form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and you can get the answers you need.

Specifics of your insurance policy

Learning about specific coverages of insurance can be of help when determining which coverages you need at the best deductibles and correct limits. Policy terminology can be ambiguous and even agents have difficulty translating policy wording. Listed below are the usual coverages found on most insurance policies.

Uninsured or underinsured coverage

This provides protection when the “other guys” do not carry enough liability coverage. Covered claims include injuries to you and your family as well as damage to your Jeep Grand Cherokee.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Frequently these limits are set the same as your liablity limits.

Coverage for liability

This coverage can cover injuries or damage you cause to other people or property in an accident. It protects you against other people’s claims, and doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values 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 $50,000 of coverage for damaged propery. Alternatively, you may have a combined limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability can pay for claims such as pain and suffering, repair costs for stationary objects, medical expenses and loss of income. The amount of liability coverage you purchase is a personal decision, but you should buy as high a limit as you can afford.

Comprehensive protection

Comprehensive insurance will pay to fix 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 can pay for things like falling objects, a broken windshield, a tree branch falling on your vehicle and rock chips in glass. The maximum amount you’ll receive from a 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.

Medical expense coverage

Coverage for medical payments and/or PIP reimburse you for short-term medical expenses like surgery, doctor visits and EMT expenses. The coverages can be used in conjunction with a health insurance program or if you do not have health coverage. They cover you and your occupants as well as getting struck while a pedestrian. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

Collision coverage

This coverage covers damage to your Grand Cherokee resulting from colliding with an object or car. A deductible applies then your collision coverage will kick in.

Collision coverage pays for claims like hitting a parking meter, sideswiping another vehicle and scraping a guard rail. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. Another option is to increase the deductible to save money on collision insurance.

Pennies from heaven

Low-cost 2006 Jeep Grand Cherokee insurance can be sourced on the web as well as from independent agents, and you should be comparing both to have the best chance of lowering rates. Some insurance companies don’t offer online price quotes and these small insurance companies work with independent agents.

We just presented a lot of ways to save on insurance. The key concept to understand is the more companies you get rates for, the better your chances of lowering your rates. Drivers may discover the lowest rates come from an unexpected company. Regional companies may cover specific market segments cheaper compared to the large companies like Progressive and Geico.

Helpful learning opportunities