Lower Your 2013 Jeep Compass Insurance Cost

Are you burned out from not being able to afford to insure your Jeep every month? You’re in the same situation as many other people.

Since you have so many options, it’s nearly impossible to choose the lowest price company.

You should make it a habit to get comparison quotes before your next renewal because insurance prices tend to go up over time. Even if you think you had the best deal on Compass coverage a few years ago you can probably find a better rate now. Forget all the misinformation about car insurance because you’re about to find out the proper way to reduce your cost while improving coverage.

Insurance rates are influenced by these factors

A large part of saving on auto insurance is knowing the factors that come into play when calculating the price you pay for auto insurance. If you have some idea of what influences your rates, this allows you to make good choices that will entitle you to cheaper rates.

The following are some of the items companies use to determine your rate level.

  • Better drivers have lower premiums – Having a single speeding ticket or other violation may cause rates to rise to the point where it’s not affordable. Drivers with clean records pay lower auto insurance prices compared to drivers with tickets. Drivers with careless citations such as DUI or reckless driving may find that they have to to submit a SR-22 or proof of financial responsibility with their state’s department of motor vehicles in order to prevent a license revocation.
  • Discounts for married drivers – Getting married actually saves money on your policy. Marriage demonstrates that you tend to be more responsible it has been statistically shown that married drivers tend to file fewer claims.
  • How much liability protection – Liability insurance kicks in when you are ruled to be at fault for causing personal injury or damage in an accident. Liability insurance provides you with a defense in court which can cost thousands of dollars. This coverage is very inexpensive as compared to coverage for physical damage, so drivers should carry high limits.
  • Qualify for multi-policy discounts – Many auto insurance companies will give better rates to buyers who consolidate policies with them such as combining an auto and homeowners policy. Even if you already get this discount, consumers should still compare other insurance prices to guarantee you are still saving the most. Drivers may still save even more than the discount by buying insurance from more than one company.
  • File policy claims and pay more – Auto insurance companies give the best rates to people who do not file claims often. If you tend to file frequent claims, you can expect higher premiums or even policy non-renewal. Your insurance policy is designed for more catestrophic claims.
  • Mature drivers pay less – Older insureds are viewed as being more responsible, cause fewer claims and accidents and tend to be get fewer driving tickets.Youthful drivers are known to be inattentive when driving so auto insurance rates are higher.

More affordable rates by taking advantage of discounts

Some insurance providers don’t always publicize every policy discount in an easy-to-find place, so we break down some of the best known and the harder-to-find discounts that you may qualify for.

  • Distant College Student Discount – Kids who attend college more than 100 miles from home without a vehicle on campus could qualify for this discount.
  • Save with a New Car – Putting insurance on a new car can be considerably cheaper since new model year vehicles have better safety ratings.
  • 55 and Retired – Mature drivers can possibly qualify for reduced rates on Compass coverage.
  • Lower Rates for Military – Being deployed in the military can result in better insurance rates.
  • Passive Restraints and Air Bags – Cars that have air bags or motorized seat belts can receive discounts as much as 30%.
  • Discount for Multiple Policies – If you can bundle your home and auto insurance with one insurance company you may save nearly 15% which can help you find cheap insurance coverage.
  • Save with More Vehicles Insured – Having primary and secondary vehicles on a single policy could earn a price break for each car.
  • Online Discount – Certain companies will provide an incentive get insurance coverage on their website.
  • Good Driver Discount – Insureds without accidents could pay up to 40% less on Compass coverage than less cautious drivers.
  • Clubs and Organizations – Having an affiliation with a civic or occupational organization can get you a small discount when shopping for insurance.

Don’t be shocked that some of the credits will not apply to the entire cost. Most cut the price of certain insurance coverages like medical payments or collision. Even though it appears you could get a free insurance policy, that’s just not realistic. But all discounts will definitely reduce the cost of your policy.

If you would like to choose from a list of insurance companies that can offer you the previously mentioned discounts, click here to view.

Don’t believe everything you hear

Auto insurance companies such as Geico, State Farm and Progressive constantly bombard you with ads on television and other media. They all seem to state the claim about how much you will save if you move your policy. That’s great but how can every company offer you a better deal? Here is how they do it.

Companies have specific criteria for the type of driver that earns them a profit. One example of a desirable insured should be over the age of 45, carries full coverage, and chooses high deductibles. A customer getting a price quote who fits those characteristics will get the preferred car insurance rates and will probably save a lot if they switch.

Drivers who do not meet this ideal profile will get higher rates and ends up with business going elsewhere. If you listen to the ad wording, they say “customers that switch” not “everyone that quotes” save the amount stated. That is how insurance companies can confidently make it sound like they have such great car insurance rates. Because every company is different, drivers should do a rate comparison at every renewal. It is impossible to guess which company will have the best rates for your profile.

How much car insurance do I need?

When buying coverage for your personal vehicles, there really is no perfect coverage plan. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. For example, these questions could help you determine whether your personal situation would benefit from professional advice.

  • What is no-fault insurance?
  • Does my car insurance cover rental cars?
  • If my pet gets injured in an accident are they covered?
  • Will filing a claim cost me more?
  • Should I put collision coverage on all my vehicles?
  • Should I rate my 2013 Jeep Compass as pleasure use or commute?
  • Am I covered when delivering products for my home-based business?
  • Is my cargo covered for damage or theft?
  • How high should my medical payments coverage be?
  • Is my custom paint covered by insurance?

If you don’t know the answers to these questions but a few of them apply, then you may want to think about talking to an insurance agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies.

Auto insurance coverage information

Knowing the specifics of insurance helps when choosing the right coverages and proper limits and deductibles. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording. These are the normal coverages found on the average insurance policy.

Collision – Collision coverage covers damage to your Compass resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like colliding with a tree, scraping a guard rail and backing into a parked car. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. Another option is to raise the deductible to get cheaper collision coverage.

Liability insurance – This provides protection from injuries or damage you cause to people or other property in an accident. 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: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 50/100/50 that means you have $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property.

Liability can pay for things like repair costs for stationary objects, bail bonds, structural damage and pain and suffering. The amount of liability coverage you purchase is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.

Uninsured or underinsured coverage – This gives you protection from other motorists when they do not carry enough liability coverage. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.

Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important.

Comprehensive protection – This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things such as a broken windshield, damage from flooding, hitting a deer, hitting a bird and a tree branch falling on your vehicle. The most your insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Medical expense coverage – Med pay and PIP coverage reimburse you for immediate expenses such as X-ray expenses, funeral costs, EMT expenses and pain medications. They are often used to cover expenses not covered by your health insurance plan or if you do not have health coverage. It covers both the driver and occupants as well as getting struck while a pedestrian. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Spend less. Save more.

In this article, we presented a lot of information how to reduce 2013 Jeep Compass insurance rates online. The most important thing to understand is the more times you quote, the better your chances of lowering your car insurance rates. Drivers may discover the best rates are with a small local company. These companies can often insure niche markets at a lower cost than the large multi-state companies such as Progressive or Geico.

When you buy insurance coverage online, don’t be tempted to skimp on coverage in order to save money. There are a lot of situations where an accident victim reduced collision coverage only to regret that it was a big mistake. The aim is to purchase plenty of coverage at an affordable rate, but do not sacrifice coverage to save money.

Budget-conscious 2013 Jeep Compass insurance is possible online and from local insurance agents, and you need to price shop both to have the best chance of lowering rates. There are still a few companies who may not have online rate quotes and these regional carriers prefer to sell through independent agents.

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