2007 Jeep Liberty Insurance Rates – 5 Tricks for Best Quotes

Pricey Jeep Liberty insurance can dwindle your savings account and make it impossible to make ends meet. Numerous auto insurance companies battle for your insurance dollar, and it can be difficult to compare rates and get the best coverage at the best rate

Reduce your auto insurance rates with these five discounts

Auto insurance is easily one of your largest bills, but you can get discounts to help bring down the price. Some of these disounts will be visible when you complete an application, but some need to be manually applied prior to receiving the credit.

  • Bundle and Save – If you can bundle your homeowners and auto insurance with one insurance company you could save at least 10 to 15 percent or more.
  • Pay Now and Pay Less – If you can afford to pay the entire bill rather than paying in monthly installments you could save up to 5%.
  • Discounts for Seat Belt Usage – Using a seat belt and requiring all passengers to use their safety belts could save 15% off the PIP or medical payment premium.
  • Auto/Life Discount – If the company offers life insurance, you could get a discounted premium rate on car insurance if you buy life insurance.
  • Homeowners Pay Less – Being a homeowner can earn you a little savings because it demonstrates responsibility.

A little disclaimer on discounts, some credits don’t apply to the entire cost. Most only apply to the price of certain insurance coverages like comp or med pay. Despite the appearance that adding up those discounts means a free policy, companies don’t profit that way.

If you would like to see a list of providers that have a full spectrum of discounts, click here.

You are unique and your auto insurance should be too

When it comes to choosing coverage for your vehicles, there isn’t really a one size fits all plan. Coverage needs to be tailored to your specific needs so this has to be addressed. These are some specific questions may help you determine whether your personal situation may require specific advice.

  • What if I don’t agree with a claim settlement offer?
  • Do I need added coverage for expensive stereo equipment?
  • When should I not file a claim?
  • Are split liability limits better than a combined single limit?
  • What is UM/UIM insurance?
  • I have good health insurance, so how much medical payments coverage do I need?
  • Is a blown tire covered by insurance?

If you don’t know the answers to these questions, you might consider talking to a licensed agent. If you want to speak to an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It only takes a few minutes and can help protect your family.

Save $468 a year! What?

Consumers can’t ignore all the ads that claim the best prices from companies such as Progressive, Geico, Allstate and State Farm. All the companies advertise claims about saving some big amount after switching to their company.

It sounds good, but how can they all have lower policy pricing? It’s all in the words they use.

Different companies offer their best rates for the type of driver that will add to their bottom line. One example of a desirable insured might be described as over the age of 40, has no driving citations, and drives a vehicle with a low ISO rating. Any new insured that meets those criteria will get a cheap rate quote and as a result will probably save a lot if they switch.

Potential customers who do not meet these standards will be charged higher prices which leads to the prospect going elsewhere. If you pay close attention to the ads, they say “customers who switch” not “everybody who quotes” save that much money. That is how companies can make it sound like they have such great rates. This really illustrates why you really need to get price quotes at each policy renewal. Because you never know which insurance companies will fit your personal profile best.

Educate yourself about auto insurance coverages

Having a good grasp of a auto insurance policy can be of help when determining the best coverages and proper limits and deductibles. Auto insurance terms can be difficult to understand and even agents have difficulty translating policy wording. Below you’ll find typical coverage types offered by auto insurance companies.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage gives you protection when other motorists are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries and also any damage incurred to your Jeep Liberty.

Due to the fact that 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 important protection for you and your family.

Comprehensive or Other Than Collision

Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as vandalism, hitting a bird, falling objects, theft and a broken windshield. The maximum payout a auto insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Medical costs insurance

Med pay and PIP coverage reimburse you for short-term medical expenses such as dental work, EMT expenses, doctor visits, ambulance fees and funeral costs. The coverages can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Coverage applies to both the driver and occupants as well as getting struck while a pedestrian. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Auto collision coverage

Collision coverage pays to fix your vehicle from damage resulting from a collision with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as colliding with another moving vehicle, crashing into a building, colliding with a tree, rolling your car and hitting a parking meter. Collision is rather expensive coverage, so consider dropping it from lower value vehicles. Drivers also have the option to raise the deductible to save money on collision insurance.

Auto liability insurance

This provides protection from injuries or damage you cause to other’s property or people in an accident. Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show values of 100/300/100 that translate to a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability insurance covers things like bail bonds, funeral expenses and legal defense fees. How much liability should you purchase? That is a decision to put some thought into, but you should buy higher limits if possible.

At the end of the day…

As you restructure your insurance plan, it’s not a good idea to skimp on coverage in order to save money. In many cases, someone sacrificed uninsured motorist or liability limits only to regret at claim time that saving that couple of dollars actually costed them tens of thousands. Your goal is to get the best coverage possible at the best price while still protecting your assets.

Throughout this article, we presented many ways to compare 2007 Jeep Liberty insurance prices online. It’s most important to understand that the more price quotes you have, the better chance you’ll have of finding cheaper auto insurance. Consumers may even find the best price on auto insurance is with some of the lesser-known companies. Regional companies may have significantly lower rates on certain market segments compared to the large companies like Allstate or State Farm.

Lower-priced auto insurance can be purchased from both online companies as well as from independent agents, and you should be comparing both in order to have the best price selection to choose from. Some auto insurance companies do not offer price quotes online and most of the time these regional insurance providers only sell coverage through local independent agents.

More detailed auto insurance information can be found in the articles below: