Compare 2000 Jeep Cherokee Insurance Quotes

Searching for lower auto insurance rates for your Jeep Cherokee? Do you get overwhelmed by the crazy number of auto insurance choices that you can choose from? Many other people are too. Drivers have such a vast assortment of choices available that it can really be a big hassle to locate the lowest premium rates.

It’s important to take a look at other company’s rates before your policy renews because prices are constantly changing. Even if you got the best price on Cherokee coverage a year ago there is a good chance you can find better rate quotes now. You can find a lot of information about auto insurance online but you can learn a bunch of ideas how to lower your auto insurance premiums.

Why your insurance costs might be higher

One of the most helpful ways to save on insurance coverage is to to have a grasp of the rating factors that are used to determine insurance coverage rates. When consumers understand what controls the rates you pay, this enables you to make decisions that could result in big savings. Many factors are taken into consideration when premium rates are determined. Some of the criteria are obvious like an MVR report, but other criteria are less apparent such as whether you are married or your financial responsibility.

The factors shown below are most of the major factors used by companies to determine your prices.

  • Car and home together may be cheaper – Most major insurance coverage companies will award better rates for people who carry more than one policy, otherwise known as a multi-policy discount. Even if you’re getting this discount it’s still a good idea to compare rates to confirm you are receiving the best rates possible. Drivers may still find lower rates by buying insurance from more than one company.
  • Improve your credit history – Having a bad credit history can be an important factor in your rate calculation. People that have excellent credit scores tend to be better risks to insure as compared to drivers with lower credit ratings. Therefore, if your credit is not that good, you could pay less to insure your 2000 Jeep Cherokee by improving your credit score.
  • Do men or women drive better? – The statistics show that women are safer drivers than men. However, this does not mean males are worse at driving than females. Males and females get in auto accidents in similar percentages, but men have accidents that have higher claims. They also get ticketed for serious violations such as reckless driving.
  • High premiums for youthful drivers – Teen drivers tend to be easily distracted in a vehicle so insurance coverage rates are higher. Adding a first-time driver to your insurance coverage policy can break the bank. Older people are proven to be safer behind the wheel, tend to file fewer claims and get fewer tickets.
  • Advanced theft deterrents – Driving a car that has an advanced theft prevention system can help lower your premiums. Advanced theft deterrents such as OnStar, LoJack tracking, and tamper alarms all hinder your vehicle from being stolen.
  • Your location is a factor – Choosing to live in less populated areas of the country has it’s advantages when talking about insurance coverage. Residents of big cities tend to have more auto accidents and longer commutes to work. Fewer drivers and short commutes means reduced accidents and also fewer theft and vandalism claims.
  • Your liability insurance limits – The liability section of your policy will protect you when you are determined to be liable for an accident. Your policy’s liability insurance provides legal defense coverage up to the limits shown on your policy. This coverage is relatively inexpensive compared to comp and collision, so drivers should carry high limits.

How to shop car insurance online

Comparing car insurance rates is a ton of work if you aren’t aware of the most efficient way to do it. You can waste a few hours (or days) talking about coverages with local insurance agents in your area, or you can utilize the web to get rates in a matter of minutes.

Most of the larger companies enroll in a system that enables customers to submit their information once, and each company then gives them pricing based on the submitted data. This eliminates the need for quotation requests for each company.

To find out what other companies charge click here to open in new window.

The one downside to getting quotes like this is buyers cannot specifically choose which carriers you will receive quotes from. If you wish to select specific insurance companies to compare, we have a page of companies who write car insurance in your area. Click here for list of insurance companies.

However you get your quotes, make sure you are using the same coverage limits for every quote you compare. If your comparisons have unequal deductibles or liability limits it will be nearly impossible to decipher which rate is best. Quoting even small variations in insurance coverages may cause a big price difference. And when price shopping your coverage, obtaining a wide range of quotes will increase your chances of finding the best offered rates. Some companies don’t provide price estimates online, so it’s necessary to compare quotes on coverage from those companies, too.

Insurance savings promises

Companies like Allstate and Progressive seem to constantly run television and radio advertisements. All the companies tend to make the same promise that you’ll save big just by moving your insurance coverage to their company. How does each company offer you a better deal? This is how they do it.

Insurance providers quote the lowest rates for the right customer that makes them money. An example of a profitable risk profile could be between the ages of 40 and 55, has no claims, and drives newer vehicles. A customer getting a price quote who fits those characteristics will get a cheap rate quote as well as save money with a new company.

Insureds who may not quite match these stringent criteria may be required to pay higher rates which results in business not being written. If you pay attention, the ads say “people that switch” but not “everyone who gets a quote” save that much when switching. This is how insurance companies can advertise the savings.

This really emphasizes why you really need to compare rate quotes every year. It is impossible to predict which company will have the best prices at this point in time.

Car insurance discounts are available to cut your rates

Some insurance providers don’t list the complete list of policy discounts very clearly, so we break down some of the more common in addition to some of the lesser obvious credits that may apply to you.

  • Cautious Drivers – Insureds without accidents can save as much as half off their rates on Cherokee coverage than less cautious drivers.
  • Sign Online – Some car insurance companies will provide an incentive just for signing your application online.
  • Discount for New Cars – Insuring a new car can save you some money since new vehicles have better safety ratings.
  • Low Mileage Discounts – Maintaining low annual mileage may enable drivers to earn substantially lower premium rates.
  • Waiver for an Accident – but certain companies will turn a blind eye to one accident without the usual rate increase with the catch being you have to be claim-free before the accident.
  • Own a Home and Save – Just being a homeowner may earn you a small savings since owning and maintaining a home is proof of financial responsibility.
  • Distant Student Discount – Youth drivers who are enrolled in higher education away from home and leave their car at home may be able to be covered for less.
  • Student Driver Training – Teen drivers should sucessfully take a drivers education course if it’s offered in school.
  • Bundled Policy Discount – If you can bundle your homeowners and auto insurance and place coverage with the same company you may save approximately 10% to 15%.

A quick disclaimer, most discount credits are not given the the whole policy. Some only reduce the cost of specific coverages such as medical payments or collision. So even though it sounds like all the discounts add up to a free policy, it’s just not the way it works.

A few of the larger companies and some of their more popular discounts are outlined below.

  • Geico may offer discounts for anti-lock brakes, five-year accident-free, federal employee, good student, seat belt use, membership and employees, and emergency military deployment.
  • Travelers includes discounts for IntelliDrive, continuous insurance, driver training, good student, multi-policy, and hybrid/electric vehicle.
  • Nationwide offers discounts including accident-free, business or organization, defensive driving, Farm Bureau membership, good student, easy pay, and multi-policy.
  • Farmers Insurance policyholders can earn discounts including teen driver, distant student, good student, pay in full, and multi-car.
  • Esurance may include discounts for multi-policy, online shopper, multi-car, paid-in-full, homeowner, and renters.
  • State Farm has savings for Drive Safe & Save, passive restraint, good student, safe vehicle, anti-theft, driver’s education, and good driver.
  • Progressive offers discounts for online quote discount, good student, homeowner, online signing, and multi-vehicle.
  • Mercury Insurance offers premium reductions for age of vehicle, low natural disaster claims, anti-theft, accident-free, multi-policy, good driver, and ease of repair.

When getting a coverage quote, ask each company what discounts are available to you. Some discounts listed above might not apply in your area. To see a list of insurers with significant discounts, follow this link.

Everyone needs different insurance coverages

When choosing the best insurance coverage, there is no “perfect” insurance plan. Each situation is unique.

Here are some questions about coverages that may help you determine whether you might need professional guidance.

  • Do I need PIP coverage since I have good health insurance?
  • Should I buy only the required minimum liability coverage?
  • Does my personal policy cover me when driving out-of-state?
  • I have a DUI can I still get coverage?
  • Where can I find high-risk insurance?
  • I don’t drive much so do I pay less?
  • What is high-risk coverage and where do I buy it?
  • Do I need special endorsements for business use of my vehicle?
  • What is the minimum liability in my state?
  • Can I get a multi-policy discount for packaging my home and auto coverage?

If it’s difficult to answer those questions but a few of them apply then you might want to talk to an agent. If you want to speak to an agent in your area, complete this form.

Educate yourself about auto insurance coverages

Learning about specific coverages of auto insurance helps when choosing appropriate coverage and proper limits and deductibles. Policy terminology can be ambiguous and even agents have difficulty translating policy wording.

Auto liability – This coverage protects you from injuries or damage you cause to other’s property or people that is your fault. It protects you against other people’s claims. It does not cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 25/50/25 that means you have a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property. Another option is one number which is a combined single limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability can pay for things like structural damage, attorney fees and bail bonds. How much coverage you buy is a decision to put some thought into, but you should buy as much as you can afford.

Uninsured Motorist or Underinsured Motorist insurance – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. Covered losses include hospital bills for your injuries and damage to your Jeep Cherokee.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Most of the time these coverages are set the same as your liablity limits.

Insurance for medical payments – Med pay and PIP coverage pay for bills like hospital visits, rehabilitation expenses, EMT expenses, chiropractic care and doctor visits. They are used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants and will also cover 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 – Collision coverage covers damage to your Cherokee caused by collision with another car or object. A deductible applies then your collision coverage will kick in.

Collision coverage pays for things like backing into a parked car, rolling your car, sideswiping another vehicle and hitting a parking meter. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. Drivers also have the option to choose a higher deductible to save money on collision insurance.

Comprehensive coverage (or Other than Collision) – This coverage covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things such as theft, a broken windshield, damage from getting keyed and vandalism. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low consider dropping full coverage.

Get your money’s worth

When buying insurance coverage, don’t be tempted to skimp on coverage in order to save money. There have been many cases where an accident victim reduced uninsured motorist or liability limits and found out when filing a claim that the few dollars in savings costed them thousands. Your strategy should be to buy enough coverage at the best price, but don’t skip important coverages to save money.

Drivers who switch companies do it for many reasons like being labeled a high risk driver, policy cancellation, high prices and even high rates after DUI convictions. It doesn’t matter why you want to switch finding the right auto insurance provider is pretty simple and you could end up saving a buck or two.

Discount 2000 Jeep Cherokee insurance can be purchased on the web in addition to many insurance agents, and you should compare price quotes from both to get a complete price analysis. Some auto insurance companies may not offer price quotes online and most of the time these regional insurance providers provide coverage only through local independent agents.

Additional detailed information is located in these articles: