How Much Does 2007 Jeep Compass Car Insurance Cost?

Trying to find lower insurance coverage rates for your Jeep Compass? Did you fall for a flashy sales pitch and buy high-priced insurance coverage? Believe me when I say there are a lot of people just like you who feel imprisoned by their insurance coverage policy.

Many auto insurance companies compete for your business, so it’s not easy to compare every provider to find the lowest cost out there.

Smart consumers take time to compare rates once or twice a year because rates are rarely the same from one policy term to another. Even if you think you had the lowest price for Compass coverage two years ago the chances are good that you can find a lower rate today. So just forget all the misinformation about insurance coverage because you’re about to learn one of the quickest ways to properly buy coverages and cut your premium.

If you currently have a car insurance policy, you will be able to save some money using this strategy. Finding the best rates is not rocket science. But drivers must comprehend how the larger insurance companies market on the web and take advantage of how the system works.

Don’t miss these discounts

Companies offering auto insurance don’t always publicize all available discounts very well, so the following is a list of some of the best known and the harder-to-find savings tricks you should be using.

  • Payment Discounts – If you pay your entire premium ahead of time instead of making monthly payments you may reduce your total bill.
  • Seat Belts Save – Using a seat belt and requiring all passengers to buckle their seat belts can save up to 15% off the personal injury premium cost.
  • Government Employees – Simply working for the federal government can save as much as 8% for Compass coverage with a few auto insurance companies.
  • Braking Control Discount – Anti-lock brake equipped vehicles can avoid accidents and qualify for as much as a 10% discount.
  • Theft Prevention Discount – Vehicles with anti-theft systems prevent vehicle theft and earn discounts up to 10%.
  • Passive Restraint Discount – Vehicles with factory air bags or automatic seat belts may earn rate discounts of 20% or more.
  • One Accident Forgiven – Certain companies will allow you to have one accident before hitting you with a surcharge as long as you don’t have any claims for a particular time prior to the accident.

As a disclaimer on discounts, many deductions do not apply to your bottom line cost. Some only apply to specific coverage prices like liability and collision coverage. So when the math indicates all those discounts means the company will pay you, you won’t be that lucky.

To see a list of companies offering auto insurance discounts, click here to view.

When might I need help?

When buying adequate coverage, there isn’t really a single plan that fits everyone. Each situation is unique and a cookie cutter policy won’t apply. For instance, these questions can aid in determining if you would benefit from an agent’s advice.

  • Is my cargo covered for damage or theft?
  • Does my policy pay for OEM or aftermarket parts?
  • Should I have a commercial auto policy?
  • Are rock chip repairs covered?
  • Is my nanny covered when driving my vehicle?
  • What is covered by UM/UIM coverage?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Can I afford to buy a different vehicle if my 2007 Jeep Compass is totaled?
  • Why is insurance for a teen driver so high?

If you can’t answer these questions but a few of them apply, then you may want to think about talking to an agent. To find an agent in your area, complete this form or click here for a list of auto insurance companies in your area.

Don’t believe everything you hear

State Farm, Geico and Progressive regularly use television and radio advertisements. All the companies make an identical promise of big savings if you move to their company. How can each company make almost identical claims?

Insurance companies can use profiling for the driver that is profitable for them. A good example of a desirable insured might be between 30 and 50, insures multiple vehicles, and drives less than 7,500 miles a year. Any driver who fits that profile is entitled to the best price and as a result will probably save when they switch companies.

Potential insureds who don’t qualify for the requirements will be quoted a higher premium which usually ends up with business going elsewhere. The ads state “drivers who switch” not “people who quote” save that much money. That’s why companies can truthfully make those claims. This emphasizes why drivers must compare many company’s rates. It is impossible to predict which insurance coverage company will provide you with the cheapest Jeep Compass insurance rates.

Car insurance coverages for a 2007 Jeep Compass

Learning about specific coverages of insurance can help you determine appropriate coverage and the correct deductibles and limits. Insurance terms can be impossible to understand and reading a policy is terribly boring. Shown next are the usual coverages available from insurance companies.

Medical costs insurance

Coverage for medical payments and/or PIP provide coverage for short-term medical expenses like prosthetic devices, EMT expenses, ambulance fees and rehabilitation expenses. The coverages can be utilized in addition to your health insurance program or if you do not have health coverage. They cover all vehicle occupants and also covers getting struck while a pedestrian. PIP is not available in all states but can be used in place of medical payments coverage

Liability

Liability coverage will cover damage or injury you incur to other’s property or people that is your fault. This insurance protects YOU against other people’s claims. It does not cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 50/100/50 that means you have $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property.

Liability coverage pays for claims like medical expenses, attorney fees, structural damage, pain and suffering and court costs. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.

UM/UIM Coverage

Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. This coverage pays for injuries to you and your family and also any damage incurred to your 2007 Jeep Compass.

Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Comprehensive or Other Than Collision

This pays for damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive can pay for claims like vandalism, damage from getting keyed and hitting a deer. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Collision protection

This coverage covers damage to your Compass caused by collision with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like crashing into a building, backing into a parked car, colliding with another moving vehicle and hitting a parking meter. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. Another option is to raise the deductible to save money on collision insurance.

Shop around and save

When trying to cut insurance costs, you should never sacrifice coverage to reduce premiums. There are a lot of situations where consumers will sacrifice uninsured motorist or liability limits only to discover later they didn’t purchase enough coverage. Your goal should be to buy the best coverage you can find at the best price while still protecting your assets.

In this article, we presented many ways to shop for 2007 Jeep Compass insurance online. The key concept to understand is the more times you quote, the more likely it is that you will get a better rate. You may even find the lowest priced car insurance comes from a small mutual company. They often have lower prices on specific markets as compared to the big name companies such as Allstate, Geico and Progressive.

Much more information about car insurance can be read at the links below