Nobody I know looks forward to buying car insurance, especially when their premiums are through the roof.
Insurance companies such as Allstate, Progressive and Geico increase brand awareness with advertising and it is difficult to ignore the flashy ads and effectively compare rates to find the best deal.
You should take the time to get comparison quotes yearly due to the fact that insurance rates are adjusted regularly by insurance companies. Just because you found the best price on Grand Cherokee insurance two years ago you may be paying too much now. Forget anything you know (or think you know) about car insurance because I’m going to let you in on the secrets to the proper way to eliminate unnecessary coverages and save money.
To find the best auto insurance prices, there are several ways of comparing rates from local auto insurance companies. The recommended way to find the cheapest 2009 Jeep Grand Cherokee insurance rates is to use the internet to compare rates. This can be done using a couple different methods.
The most efficient way to compare a lot of rates at once is to use a rate comparison form click to view form in new window. This type of form prevents you from having to do boring form submissions for each company. A single, simple form will return price quotes from several companies.
A slightly less efficient method to get quotes online is to take the time to go to the website for every company you want to comare to complete their respective quote request forms. For sake of this example, let’s assume you want rates from State Farm, Liberty Mutual and Allstate. To get rate quotes you would need to take the time to go to each site and enter your policy data, and that’s why the first method is more popular.
For a list of links to companies insuring cars in your area, click here.
Which method you use is up to you, but make absolute certain that you use exactly the same coverages and limits with every price quote. If you use unequal deductibles or liability limits then you won’t be able to determine the lowest rate for your Jeep Grand Cherokee. Having just a slight variation in coverage limits could mean much higher rates. And when comparison shopping, more quotes helps you find a better price.
Auto insurance companies don’t necessarily list every discount very well, so we took the time to find both the well known and also the lesser-known insurance savings.
Keep in mind that many deductions do not apply to the overall cost of the policy. Most only cut specific coverage prices like medical payments or collision. So even though they make it sound like having all the discounts means you get insurance for free, insurance companies aren’t that generous.
Insurance companies who might offer some of the above discounts include:
Double check with each insurance company how you can save money. Some discounts may not apply in your state.
Consumers need to have an understanding of the rating factors that play a part in calculating the rates you pay for insurance coverage. Understanding what controls the rates you pay helps enable you to make changes that may reward you with big savings.
Shown below are some of the items that factor into rates.
When buying coverage for your vehicles, there isn’t really a single plan that fits everyone. Your needs are not the same as everyone else’s so your insurance needs to address that. These are some specific questions may help you determine if your insurance needs might need professional guidance.
If you don’t know the answers to these questions then you might want to talk to a licensed agent. If you don’t have a local agent, take a second and complete this form or you can also visit this page to select a carrier
Insurance companies such as Progressive, Geico, Allstate and State Farm continually stream ads on television and other media. They all seem to say the same thing that you can save after switching to them. How does each company make almost identical claims? This is how they do it.
All the different companies have a preferred profile for the right customer that is profitable for them. For example, a driver they prefer could possibly be between the ages of 30 and 50, insures multiple vehicles, and drives less than 7,500 miles a year. Any new insured who meets those qualifications will qualify for the lowest rates and therefore will pay quite a bit less when switching companies.
Potential insureds who are not a match for the “perfect” profile will have to pay higher premiums which leads to the customer not buying. The ads state “customers who switch” not “people who quote” save that kind of money. That’s why companies can claim big savings. Because of the profiling, it is so important to get as many comparisons as possible. It’s just too difficult to predict the company that will have the lowest Jeep Grand Cherokee insurance rates.
Having a good grasp of your insurance policy can be of help when determining the right coverages and proper limits and deductibles. Insurance terms can be ambiguous and nobody wants to actually read their policy. These are typical coverage types found on the average insurance policy.
Auto liability – Liability insurance will cover damages or injuries you inflict on other’s property or people in an accident. This coverage protects you from legal claims by others. It does not cover damage to your own property or vehicle.
It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 25/50/25 that means you have $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $25,000.
Liability coverage protects against things such as bail bonds, repair bills for other people’s vehicles, medical expenses and repair costs for stationary objects. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.
Collision coverage – This covers damage to your Grand Cherokee resulting from a collision with an object or car. A deductible applies and then insurance will cover the remainder.
Collision can pay for things like hitting a parking meter, crashing into a building and damaging your car on a curb. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. It’s also possible to increase the deductible to bring the cost down.
Medical payments and PIP coverage – Coverage for medical payments and/or PIP pay for short-term medical expenses for things like prosthetic devices, nursing services, doctor visits and dental work. They are used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants in addition to getting struck while a pedestrian. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage
UM/UIM (Uninsured/Underinsured Motorist) coverage – This protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your Jeep Grand Cherokee.
Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important.
Comprehensive auto coverage – Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive coverage protects against claims like theft, hitting a deer and hitting a bird. The maximum amount you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.
Cheap 2009 Jeep Grand Cherokee insurance can be purchased both online and with local insurance agents, and you need to price shop both in order to have the best price selection to choose from. There are still a few companies who do not offer you the ability to get quotes online and these small insurance companies work with independent agents.
As you shop your coverage around, it’s not a good idea to buy less coverage just to save a little money. There have been many situations where an accident victim reduced collision coverage only to regret at claim time that the small savings ended up costing them much more. The ultimate goal is to get the best coverage possible for the lowest price, not the least amount of coverage.