2008 Jeep Grand Cherokee Car Insurance Cost

There isn’t a single person who fancies paying their premiums for insurance, especially when the cost is too high.

Due to the fact that there are so many options, it can be challenging to locate the cheapest company.

It’s a great practice to check insurance prices as often as possible since prices are rarely the same from one policy term to another. Just because you had the best rate on Grand Cherokee insurance six months ago there is a good chance you can find better premium rates now. There is a lot of wrong information about insurance online but we’re going to give you some tested techniques to save money.

Buying the best coverage is simple if you know the tricks. Just about everyone who buys insurance most likely will be able to cut their insurance bill. But drivers do need to understand the way companies sell online.

Compare quotes for insurance coverage

Comparing insurance coverage rates can take time and effort if you don’t know the best way to get rate quotes. You could spend your day talking to local insurance agents in your area, or you could use online quoting to get rates in a matter of minutes.

Most of the larger companies enroll in a system that enables customers to enter their policy data once, and each company then gives them pricing based on that information. This saves time by eliminating form submissions to every company.

To compare pricing click here to open in new window.

The only downside to using this type of form is you are unable to specify the companies you want pricing from. So if you prefer to pick from a list of companies to compare, we have assembled a list of the cheapest insurance coverage companies in your area. Click here for list of insurance companies.

It’s up to you which method you use, but ensure you’re using the same quote information for each price quote. If each company quotes unequal deductibles or liability limits you will not be able to truly determine the lowest rate. Just a small difference in coverage limits could skew the results. And when price shopping your coverage, making a lot of price comparisons helps you find lower pricing. Some companies don’t provide price estimates online, so it’s important to compare rates from them as well.

Are you qualifying for every discount?

Some insurance providers don’t always list every discount in an easy-to-find place, so we break down both the well known as well as some of the hidden discounts you could be receiving when you buy insurance online. If you don’t get every credit you qualify for, you may be paying too high a price.

  • Defensive Driver Discounts – Participating in a defensive driving course may get you a small discount and easily recoup the cost of the course.
  • Onboard Data Collection – Insureds that choose to allow their company to monitor when and where they use their vehicle by using a telematics device such as Snapshot from Progressive or Drivewise from Allstate might see lower rates if they have good driving habits.
  • Life Insurance Discount – Larger companies have better insurance coveragerates if you take out auto and life insurance together.
  • Discounts for Government Workers – Simply working for the federal government could cut as much as 10% off on Grand Cherokee insurance depending on your company.
  • Theft Deterent – Anti-theft and alarm system equipped vehicles have a lower chance of being stolen and qualify for as much as a 10% discount.
  • Seat Belt Usage – Buckling up and requiring all passengers to use a seat belt can save 10% or more off PIP or medical payments premium.

Discounts reduce rates, but you should keep in mind that most credits do not apply to your bottom line cost. Most only cut individual premiums such as collision or personal injury protection. Just because you may think having all the discounts means you get insurance for free, you’re out of luck.

Some companies who may offer some of the discounts shown above possibly include:

Before purchasing a policy, check with every prospective company what discounts are available to you. Some of the earlier mentioned discounts may not be offered in your area. To find insurance coverage companies who offer free insurance coverage quotes, click here to view.

When in doubt talk to an agent

When it comes to buying proper insurance coverage for your vehicles, there is no one size fits all plan. Every situation is different so your insurance needs to address that. These are some specific questions may help highlight if your insurance needs would benefit from an agent’s advice.

  • Does my 2008 Jeep Grand Cherokee need full coverage?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • What are the best liability limits?
  • Do I need PIP coverage since I have good health insurance?
  • How does medical payments coverage work?
  • How do I insure my teen driver?
  • Do I really need UM/UIM coverage?

If you’re not sure about those 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, complete this form or you can go here for a list of companies in your area.

Decisions you make can impact your insurance costs

Lots of factors are used when you get your auto insurance bill. Some are obvious such as your driving record, although some other factors are not quite as obvious such as your marital status or your commute time.

  • Accidents can increase premiums – Good drivers pay less for auto insurance compared to bad drivers. Even a single speeding ticket may increase your cost by as much as thirty percent. Drivers with flagrant citations such as DUI or reckless driving may need to prove financial responsibility with their state in order to legally drive.
  • Single drivers may pay higher costs – Having a wife or husband helps lower the price when buying insurance. It demonstrates that you tend to be more responsible and insurance companies reward insureds because being married results in fewer claims.
  • Keep the miles off and save – The higher the miles on your Jeep in a year the higher your rate. Almost all companies calculate rates based upon how you use the vehicle. Autos not used for work or commuting can get a lower rate than those used for commuting. Incorrect rating for your Grand Cherokee is just wasting money. It’s a smart idea to ensure your declarations sheet is showing the correct usage, because improper ratings can cost you money.
  • Urban residents pay more – Residing in areas with lower population can be a good thing when insuring your vehicles. People in densly populated areas tend to have congested traffic and more time behind the wheel. Less people living in that area translates into fewer accident claims and also fewer theft and vandalism claims.
  • Premiums are affected by your credit rating – Having a bad credit history is a big factor in calculating your premium rate. Drivers who have very high credit ratings tend to be less risk to insure than those with poor credit scores. If your credit history is not that good, you could pay less to insure your 2008 Jeep Grand Cherokee by spending a little time repairing your credit.
  • Less chance of injury means lower premiums – Cars with high safety ratings tend to have lower insurance rates. Safe vehicles reduce the chance of injuries and any reduction in injury severity translates directly to fewer claims and more competitive rates for policyholders. If your Jeep is rated at least four stars on Safercar.gov it may cost less to insure.

Insurance policy coverages for a Jeep Grand Cherokee

Having a good grasp of your policy aids in choosing appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring. Listed below are the normal coverages found on most insurance policies.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your Jeep Grand Cherokee.

Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea. Most of the time your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Comprehensive insurance

This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like falling objects, rock chips in glass and a tree branch falling on your vehicle. The maximum payout your insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance provide coverage for expenses for ambulance fees, nursing services, hospital visits, X-ray expenses and funeral costs. They are often used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Coverage applies to you and your occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is not universally available and may carry a deductible

Liability

Liability insurance can cover damages or injuries you inflict on a person or their property in an accident. This insurance protects YOU against other people’s claims. Liability doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and property damage coverage for $100,000. Another option is one limit called combined single limit (CSL) which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage protects against claims such as emergency aid, court costs and bail bonds. How much coverage you buy is a personal decision, but consider buying as large an amount as possible.

Collision insurance

This coverage pays for damage to your Grand Cherokee resulting from a collision with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision coverage pays for things such as hitting a parking meter, driving through your garage door, colliding with another moving vehicle, crashing into a ditch and scraping a guard rail. This coverage can be expensive, so you might think about dropping it from lower value vehicles. You can also increase the deductible to get cheaper collision coverage.

Be a money saver!

When buying insurance coverage, never reduce needed coverages to save money. There have been many situations where an insured dropped uninsured motorist or liability limits to discover at claim time that the few dollars in savings costed them thousands. Your strategy should be to find the BEST coverage at a price you can afford.

A few companies may not have internet price quotes and these smaller providers only sell coverage through local independent agencies. Lower-priced 2008 Jeep Grand Cherokee insurance can be sourced both online and from local agencies, and you need to comparison shop both to get a complete price analysis.

Much more information about insurance coverage is located on the following sites: