2008 Jeep Compass Car Insurance Rates – 8 Savings Tips

Want the cheapest insurance coverage rates for your Jeep Compass? Paying low cost premium rates for Driversinsurance coverage is always very difficult for people who are new to comparison shopping online. With so many agents and insurers available, it can easily be a real hassle to compare premium rates.

You should take the time to check insurance coverage prices as often as possible due to the fact that insurance prices tend to go up over time. If you had the best deal for Compass insurance a few years ago you can probably find a lower rate today. Block out anything you think you know about insurance coverage because you’re going to learn how to quote online to lower your annual insurance bill.

If you have car insurance now, you stand a good chance to be able to save some money using this information. The purpose of this post is to help educate you on the best way to quote coverages. But drivers can benefit from knowing how companies market on the web because it can help you find the best coverage.

These eight discounts can reduce insurance coverage rates

Insurance can be prohibitively expensive, but there may be some discounts that could drop your premiums quite a bit. Certain reductions will be credited at the time you complete a quote, but a few must be asked for prior to receiving the credit.

  • Club Memberships – Being a member of a professional or civic organization is a good way to get lower rates when getting a insurance coverage quote.
  • Pay Now and Pay Less – If paying your policy premium upfront rather than paying in monthly installments you can avoid the installment charge.
  • Distant College Student Discount – Any of your kids who attend college more than 100 miles from home and do not have a car may be insured at a cheaper rate.
  • No Accidents – Drivers who don’t have accidents can save substantially when compared with insureds who have frequent claims or accidents.
  • Homeowners Discount – Being a homeowner can save a few bucks because of the fact that having a home shows financial diligence.
  • Defensive Driving Course – Taking time to complete a defensive driving class could cut 5% off your bill and also improve your driving technique.
  • Bundled Policy Discount – When you combine your auto and homeowners insurance and insure them both with the same insurance company you may save up to 20% off your total premium.
  • Mature Driver Discount – Mature drivers may be able to get a small decrease in premiums for Compass insurance.

You should keep in mind that some of the credits will not apply to the entire policy premium. A few only apply to specific coverage prices like physical damage coverage or medical payments. So even though they make it sound like it’s possible to get free car insurance, insurance coverage companies aren’t that generous.

Companies and a selection of discounts can be read below.

  • Progressive offers discounts for good student, online quote discount, multi-policy, continuous coverage, homeowner, online signing, and multi-vehicle.
  • AAA may offer discounts for good driver, anti-theft, AAA membership discount, good student, pay-in-full, multi-car, and education and occupation.
  • Farmers Insurance discounts include teen driver, alternative fuel, business and professional, multi-car, and electronic funds transfer.
  • Geico has discounts for defensive driver, multi-vehicle, daytime running lights, federal employee, good student, multi-policy, and driver training.
  • Esurance has savings for anti-theft, claim free, paid-in-full, Switch & Save, renters, multi-car, and DriveSense.
  • SAFECO policyholders can earn discounts including accident prevention training, teen safe driver, homeowner, anti-lock brakes, and anti-theft.
  • State Farm offers discounts including multiple autos, anti-theft, driver’s education, good driver, safe vehicle, multiple policy, and good student.

Before you buy a policy, ask all the companies how many discounts you can get. Some of the discounts discussed earlier might not be offered in your area.

When do I need an agent’s advice?

When it comes to buying coverage, there isn’t really a best way to insure your cars. Coverage needs to be tailored to your specific needs.

For instance, these questions might point out whether you could use an agent’s help.

  • Are split liability limits better than a combined single limit?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • When should I remove comp and collision on my 2008 Jeep Compass?
  • How do I insure my teen driver?
  • Do I need PIP coverage since I have good health insurance?
  • Is my state a no-fault state?
  • Do I need to file an SR-22 for a DUI in my state?
  • Does my liability insurance cover pulling a trailer or camper?
  • When would I need rental car insurance?

If you don’t know the answers to these questions but you know they apply to you, you might consider talking to a licensed insurance agent. If you don’t have a local agent, simply complete this short form.

Beware of misleading auto insurance ads

Auto insurance companies such as State Farm, Allstate and Geico constantly bombard you with television and radio advertisements. They all make the same claim that drivers will save a bundle if you get a free insurance coverage quote and switch your coverage to them. Is it even possible that every company can claim to save you money?

Insurance companies have specific characteristics for the type of driver that will generate a profit. An example of this type of driver should be a married female, owns their home, and has great credit. A customer getting a price quote who fits those characteristics receives the best rates as well as pay quite a bit less when switching companies.

People who do not match these standards will be charged a higher premium which leads to business going elsewhere. The wording the ads use say “people that switch” not “everybody who quotes” save the amount stated. That’s the way companies can truthfully make those claims.

This really emphasizes why you should compare rate quotes every year. It is impossible to predict which auto insurance company will have the best rates for your profile.

Auto insurance 101

Having a good grasp of auto insurance can help you determine the best coverages at the best deductibles and correct limits. Auto insurance terms can be confusing and nobody wants to actually read their policy.

Liability coverage

This coverage protects you from injuries or damage you cause to other people or property that is your fault. This insurance protects YOU against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property. Occasionally you may see a combined single limit or CSL which combines the three limits into one amount without having the split limit caps.

Liability can pay for claims like funeral expenses, attorney fees and medical expenses. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Uninsured and underinsured coverage

This coverage provides protection from other motorists when they are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your Jeep Compass.

Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Frequently these limits do not exceed the liability coverage limits.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance pay for short-term medical expenses such as surgery, X-ray expenses, funeral costs and ambulance fees. They can be used in conjunction with a health insurance policy or if you do not have health coverage. It covers both the driver and occupants and also covers any family member struck as a pedestrian. PIP coverage is only offered in select states and may carry a deductible

Collision protection

Collision coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against claims like crashing into a ditch, sustaining damage from a pot hole, crashing into a building, sideswiping another vehicle and backing into a parked car. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to raise the deductible in order to get cheaper collision rates.

Comprehensive coverages

This coverage pays for damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage pays for claims such as damage from a tornado or hurricane, damage from getting keyed, hitting a deer, a broken windshield and hitting a bird. The maximum payout a auto insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Shop smart and save

When getting insurance coverage quotes online, do not skimp on critical coverages to save a buck or two. Too many times, consumers will sacrifice liability coverage limits to discover at claim time that the small savings ended up costing them much more. Your goal should be to get the best coverage possible at the best possible price, but do not sacrifice coverage to save money.

Lower-priced car insurance can be sourced from both online companies in addition to local insurance agencies, and you should be comparing both to have the best chance of lowering rates. There are still a few companies who may not have internet price quotes and these smaller companies only sell through independent agents.

We just showed you many ways to shop for 2008 Jeep Compass insurance online. It’s most important to understand that the more times you quote, the better your chances of lowering your prices. Consumers may even find the most savings is with some of the smallest insurance companies.

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