2014 Jeep Compass Insurance Cost – 10 Savings Tips

Searching for the cheapest insurance coverage rates for your Jeep Compass? Have you finally had enough of not being able to afford to keep your car insured? You have the same problem as many other drivers. There is such a variety of insurance companies to pick from, and although it’s a good thing to have multiple companies, more options can take longer to find the best rates for your vehicles.

You need to do price comparisons on a regular basis due to the fact that insurance prices fluctuate regularly. Even if you think you had the lowest rates for Compass insurance two years ago the chances are good that you can find a lower rate quote today. You’ll find a ton of advice on insurance coverage online but in a few minutes you can learn some great ideas on how to buy insurance coverage cheaper.

This information will familiarize you with how car insurance quotes work and some money-saving tips. If you currently have car insurance, you stand a good chance to be able to save some money using this information. Drivers just need to understand the most effective way to shop on the web.

Buy insurance online

Lowering your 2014 Jeep Compass insurance rates is actually easier than you may think. All that’s required is to take time to compare free car insurance quotes to find. It is quite easy and can be accomplished in several different ways.

  • The easiest and least time consuming way consumers can make multiple comparisons would be an industry-wide quote request form (click to open form in new window). This form prevents you from having to do repetitive form entry to each individual insurance company. Taking the time to complete one form gets coverage cost estimates direct from many companies.
  • A more time consuming way to analyze rates requires a trip to the website for every company you want to comare to complete their respective quote request forms. For examples sake, we’ll assume you want to view quotes from Geico, Progressive and Travelers. You would be required to go to each individual site and punch in your information repeatedly, which is why the first method is quicker. To view a list of companies in your area, click here.

It’s up to you how you get prices quotes, just make absolute certain that you use nearly identical quote information for each price quote. If you compare mixed coverages you will not be able to make a fair comparison for your Jeep Compass.

These ten discounts can reduce car insurance rates

Buying car insurance is not cheap, but there may be some discounts that many people don’t even know exist. Some trigger automatically when you quote, but lesser-known reductions have to be inquired about before you will receive the discount.

  • E-sign – A handful of insurance companies may give you up to $50 for buying a policy and signing up on the web.
  • Driver Training Discounts – Taking part in a defensive driver class could save 5% or more and make you a better driver.
  • Good Students Pay Less – Maintaining excellent grades can get you a discount of up to 25%. Many companies even apply the discount to college students well after school through age 25.
  • Theft Deterent System – Cars that have factory anti-theft systems prevent vehicle theft and will qualify for a discount on a car insurance quote.
  • Accident Waiver – Not really a discount, but a few companies such as Liberty Mutual, Allstate and State Farm will forgive one accident without the usual rate increase if your claims history is clear prior to the accident.
  • Pay Now and Pay Less – By paying your policy upfront rather than paying monthly you could save 5% or more.
  • Own a Home and Save – Owning your own home or condo can save a few bucks since home ownership demonstrates responsibility.
  • Passive Restraints – Cars that have air bags or motorized seat belts can receive discounts of 20 to 30 percent.
  • Federal Government Employee – Federal government employees may reduce rates when you quote car insurance for Compass insurance with a few car insurance companies.
  • Save with More Vehicles Insured – Insuring multiple cars or trucks on one policy could earn a price break for each car.

As a footnote on discounts, some credits don’t apply to the entire cost. Most only cut specific coverage prices like collision or personal injury protection. So when the math indicates you can get free auto insurance, companies don’t profit that way.

Popular car insurance companies and some of the premium reductions they offer are detailed below.

  • Mercury Insurance includes discounts for multi-car, multi-policy, annual mileage, low natural disaster claims, type of vehicle, good driver, and accident-free.
  • Farmers Insurance offers premium reductions for early shopping, business and professional, bundle discounts, teen driver, and distant student.
  • Farm Bureau offers discounts for renewal discount, 55 and retired, good student, driver training, multi-policy, safe driver, and multi-vehicle.
  • State Farm offers discounts including driver’s education, defensive driving training, Drive Safe & Save, safe vehicle, accident-free, student away at school, and good student.
  • Allstate discounts include anti-lock brakes, early signing, new car, auto/life discount, good student, and utility vehicle.
  • Geico policyholders can earn discounts including daytime running lights, emergency military deployment, membership and employees, defensive driver, anti-theft, good student, and seat belt use.

When quoting, ask each insurance company what discounts are available to you. Some of the earlier mentioned discounts might not apply in your area.

When do I need an agent’s advice?

When choosing the right insurance coverage, there really is no “perfect” insurance plan. Coverage needs to be tailored to your specific needs and your policy should reflect that. For instance, these questions could help you determine if your situation will benefit from professional help.

  • Will my vehicle be repaired with OEM or aftermarket parts?
  • How many claims can I have before being cancelled?
  • Do I really need UM/UIM coverage?
  • What should my uninsured motorist coverage limits be in my state?
  • Is my 2014 Jeep Compass covered for flood damage?
  • How much liability insurance is required?
  • Do I have coverage when pulling a U-Haul trailer?

If it’s difficult to answer those questions, you may need to chat with an insurance agent. To find an agent in your area, take a second and complete this form or go to this page to view a list of companies. It’s fast, free and can provide invaluable advice.

Auto insurance coverage information

Understanding the coverages of auto insurance aids in choosing the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording. Below you’ll find the usual coverages offered by auto insurance companies.

Uninsured or underinsured coverage

This coverage provides protection from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries and damage to your Jeep Compass.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea. Most of the time these limits are similar to your liability insurance amounts.

Comprehensive protection

Comprehensive insurance will pay to fix 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 pays for things such as hail damage, a tree branch falling on your vehicle, falling objects, damage from flooding and hitting a deer. The maximum amount you’ll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Collision protection

This coverage pays to fix your vehicle from damage caused by collision with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.

Collision can pay for claims like scraping a guard rail, sideswiping another vehicle and hitting a mailbox. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. Another option is to increase the deductible in order to get cheaper collision rates.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage kick in for bills for dental work, funeral costs, X-ray expenses and nursing services. They are used to fill the gap from your health insurance program or if there is no health insurance coverage. They cover both the driver and occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay

Liability insurance

Liability insurance can cover damages or injuries you inflict on other’s property or people that is your fault. This insurance protects YOU against claims from other people, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and $50,000 of coverage for damaged propery. Occasionally you may see one number which is a combined single limit which limits claims to one amount rather than limiting it on a per person basis.

Liability can pay for things such as attorney fees, pain and suffering, funeral expenses, legal defense fees and medical expenses. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Compare but don’t skimp

Budget-conscious 2014 Jeep Compass insurance can be sourced from both online companies and from local insurance agents, and you need to price shop both to have the best rate selection. Some insurance providers do not offer online price quotes and usually these small insurance companies prefer to sell through independent agents.

We just showed you a lot of tips how to shop for 2014 Jeep Compass insurance online. The key thing to remember is the more price quotes you have, the better chance you’ll have of finding the cheapest car insurance. You may even find the biggest savings come from a small local company. These smaller insurers may cover specific market segments cheaper than their larger competitors like Allstate, Geico and Progressive.

As you shop your coverage around, you should never buy lower coverage limits just to save a few bucks. There are many occasions where drivers have reduced liability coverage limits and discovered at claim time they didn’t purchase enough coverage. Your focus should be to purchase a proper amount of coverage at the best price.

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