Have you had enough of not being able to afford each month for car insurance? You’re in the same situation as many other drivers. Big-name insurance companies like State Farm, Geico and Farmers Insurance persitently shower you with fancy advertisements and it is challenging if not impossible to ignore the propoganda and find the best price available.
Insuring your vehicles can cost a lot, but you can get discounts to help bring down the price. Most are applied at the time you complete a quote, but some must be specifically requested before they will apply. If you don’t get every credit you qualify for, you’re just leaving money on the table.
As a disclaimer on discounts, most credits do not apply to the overall cost of the policy. The majority will only reduce specific coverage prices like medical payments or collision. So even though they make it sound like all those discounts means the company will pay you, companies don’t profit that way. Any qualifying discounts will reduce your premiums.
Car insurance companies that may offer some of the above discounts include:
Before buying, ask all companies you are considering which discounts they offer. Discounts might not apply in your state.
Effectively comparing insurance coverage prices can be a lot of work if you don’t understand the easiest way. You could waste time talking about coverages with insurance agencies in your area, or you could use the web for quick rates.
Most car insurance companies belong to a marketplace where prospective buyers only type in their quote data once, and every company can provide price quotes based on that information. This saves time by eliminating quote requests to every company.
To participate in this free quote system, click here (opens in new window).
The one downside to getting quotes like this is that consumers can’t choose which carriers to get quotes from. If you wish to select specific providers to request quotes from, we put together a list of companies who write insurance coverage in your area. Click here for list of insurance companies.
It doesn’t matter which method you choose, just make sure you use exactly the same information with every price quote. If you enter mixed coverages you can’t possibly determine which rate is truly the best.
When choosing the best auto insurance coverage, there is no best way to insure your cars. Everyone’s situation is a little different so your insurance should reflect that Here are some questions about coverages that can help discover whether your personal situation could use an agent’s help.
If you’re not sure about those questions but you know they apply to you, you may need to chat with an agent. If you don’t have a local agent, take a second and complete this form or click here for a list of auto insurance companies in your area. It only takes a few minutes and can provide invaluable advice.
Understanding the coverages of your car insurance policy can be of help when determining which coverages you need for your vehicles. Policy terminology can be impossible to understand and nobody wants to actually read their policy. Shown next are the normal coverages found on the average car insurance policy.
Comprehensive auto coverage
Comprehensive insurance pays for damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.
Comprehensive coverage pays for claims like a tree branch falling on your vehicle, a broken windshield, damage from flooding and damage from getting keyed. The maximum payout a car insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.
Collision insurance
This coverage pays for damage to your Grand Cherokee from colliding with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.
Collision can pay for claims such as rolling your car, driving through your garage door, hitting a parking meter, backing into a parked car and hitting a mailbox. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. It’s also possible to raise the deductible to bring the cost down.
Medical payments and PIP coverage
Medical payments and Personal Injury Protection insurance kick in for expenses like ambulance fees, EMT expenses, rehabilitation expenses, prosthetic devices and funeral costs. The coverages can be utilized in addition to your health insurance policy or if there is no health insurance coverage. They cover both the driver and occupants in addition to any family member struck as a pedestrian. PIP coverage is not an option in every state but can be used in place of medical payments coverage
Liability insurance
Liability insurance can cover injuries or damage you cause to other’s property or people. It protects YOU from legal claims by others, and does not provide coverage for damage to your own property or vehicle.
Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 100/300/100 which means a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000. Some companies may use a combined limit which combines the three limits into one amount without having the split limit caps.
Liability coverage protects against claims such as medical expenses, repair costs for stationary objects, repair bills for other people’s vehicles, pain and suffering and court costs. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.
UM/UIM (Uninsured/Underinsured Motorist) coverage
This protects you and your vehicle when the “other guys” either have no liability insurance or not enough. It can pay for injuries to you and your family and also any damage incurred to your 2002 Jeep Grand Cherokee.
Since a lot of drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Frequently your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.
In this article, we covered some good ideas how to get a better price on 2002 Jeep Grand Cherokee insurance. The key concept to understand is the more providers you compare, the better your comparison will be. You may even discover the lowest rates come from a lesser-known regional company. These companies may only write in your state and offer lower rates as compared to the big name companies such as Geico and State Farm.
Cheaper insurance can be found both online and with local insurance agents, so you should be comparing quotes from both to get a complete price analysis. Some insurance companies do not offer you the ability to get quotes online and these smaller companies work with independent agents.
Additional auto insurance information is available at these links: