Nobody I know loves paying for insurance coverage, especially knowing they are paying too much. Multiple insurers compete to insure your vehicles, and because of this it can be hard to compare car insurance companies and get the best coverage at the lowest cost out there.
It’s a good idea to price shop coverage periodically since insurance rates change frequently. Despite the fact that you may have had the best deal on Renegade insurance a couple years back there may be better deals available now. You can find a lot of information about insurance coverage online but I’m going to show you a lot of great tips on how to slash your insurance coverage rates.
If you have a policy now or are just looking to switch companies, you can use these techniques to cut your premiums and possibly find even better coverage. Finding the best rates is not rocket science. Drivers only need an understanding of the proper way to compare company rates on the web.
Lowering your 2016 Jeep Renegade auto insurance rates is a fairly straight forward process. Consumers just need to spend a few minutes on the computer to compare rate quotes from some recommended companies. Shoppers can get rates by using one of the methods below.
If you are pressed for time, the simplest way to get quotes would be an industry-wide quote request form like this one (opens in new window). This form keeps you from doing separate forms for each company you want a rate for. One form submission gets insurance cost estimates from multiple companies.
A different way to compare prices consists of going to each company’s website and request a quote. For instance, let’s say you want to compare prices for State Farm, 21st Century and American Family. You would be required to visit each site to enter your coverage information, which can take a lot of time. For a list of companies in your area, click here.
The least recommended method to compare price estimates is to spend your day driving to local insurance agencies. Quoting online has made agencies unnecessary unless your situation requires the professional assistance that you can only get from talking to an agent. However, consumers can get the lowest quotes online but have your policy serviced through an agent.
It’s up to you which method you use, but be certain you are entering exactly the same quote information for every quote you compare. If you use different liability limits then you won’t be able to determine the best price for your Jeep Renegade.
Some companies don’t always publicize every discount they offer in an easy-to-find place, so here is a list a few of the more well known and the more hidden credits that may apply to you.
Discounts reduce rates, but you should keep in mind that most discounts do not apply to all coverage premiums. Most only apply to the price of certain insurance coverages like liability, collision or medical payments. So despite the fact that it appears you can get free auto insurance, insurance companies wouldn’t stay in business.
Car insurance companies that may have some of the discounts shown above possibly include:
Before purchasing a policy, check with every company which discounts you qualify for. Some credits might not apply in your area. If you would like to see a list of insurance companies with the best insurance coverage discounts, follow this link.
When choosing the best insurance coverage coverage for your personal vehicles, there is no best way to insure your cars. Every situation is different so your insurance should reflect that For example, these questions can help discover if your situation could use an agent’s help.
If you don’t know the answers to these questions, you may need to chat with a licensed insurance agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area. It only takes a few minutes and can provide invaluable advice.
Knowing the specifics of a insurance policy helps when choosing appropriate coverage for your vehicles. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording. Shown next are typical coverages found on most insurance policies.
Medical expense insurance – Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses such as EMT expenses, doctor visits, nursing services and surgery. They can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. PIP is not universally available but can be used in place of medical payments coverage
Collision coverage – Collision insurance pays for damage to your Renegade caused by collision with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.
Collision coverage pays for claims like damaging your car on a curb, crashing into a ditch, colliding with another moving vehicle and driving through your garage door. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to raise the deductible to get cheaper collision coverage.
Protection from uninsured/underinsured drivers – This coverage protects you and your vehicle from other drivers when they either have no liability insurance or not enough. Covered losses include injuries to you and your family and also any damage incurred to your Jeep Renegade.
Since a lot of drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked. Normally these coverages are set the same as your liablity limits.
Comprehensive (Other than Collision) – Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive coverage pays for things such as falling objects, vandalism, rock chips in glass and damage from getting keyed. The highest amount a insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.
Liability coverage – This coverage provides protection from damage or injury you incur to people or other property by causing an accident. It protects you against claims from other people, and doesn’t cover damage sustained by your vehicle in an accident.
Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 25/50/25 that means you have $25,000 bodily injury coverage, $50,000 for the entire accident, and property damage coverage for $25,000. Alternatively, you may have one number which is a combined single limit which limits claims to one amount without having the split limit caps.
Liability can pay for things like emergency aid, medical expenses, structural damage and repair costs for stationary objects. How much liability coverage do you need? That is up to you, but buy higher limits if possible.