2016 Jeep Grand Cherokee SRT Insurance Rates

Looking for lower car insurance rates for your Jeep Grand Cherokee SRT? Did budget coverage turn out to be an overpriced car insurance policy? Say no more because many drivers have buyer’s remorse.

Due to the abundance of companies to choose from, it is hard for the average consumer to choose the right car insurance provider.

Insurance coverage quotes comparison

There are several ways of comparing price quotes from different insurance companies. By far the easiest way to lower the rate you pay for 2016 Jeep Grand Cherokee SRT insurance is to perform an online rate comparison. This can be done in several different ways.

  1. The first (and easiest) way to get quotes is to use a rate comparison form click here to open form in new window. This style of form saves time by eliminating separate quote forms for each company. A single, simple form gets you price quotes from several companies.
  2. A harder way to shop for insurance coverage online requires visiting each individual company website and complete a new quote form. For instance, let’s assume you want to compare Liberty Mutual, Esurance and Allstate. In order to compare rates, you need to visit each site to enter your coverage information, which is why the first method is more popular. For a handy list of car insurance company links in your area, click here.
  3. If you have time to kill, the last method of comparing rate quotes is calling or driving to insurance agents’ offices. Quoting and buying insurance online eliminates this option unless you have a complicated situation and need the personal advice of a licensed agent. However, consumers can get the lowest quotes online but have your policy serviced through an agent.

However you get your quotes, ensure you’re using the same coverages for each quote you get. If your comparisons have mixed coverages it will be very difficult to get a fair rate comparison. Quoting even small variations in coverage limits may cause a big price difference. Just remember that comparing all the rates in your area will increase your chances of finding the best offered rates.

What determines Jeep Grand Cherokee SRT insurance costs?

Consumers need to have an understanding of a few of the rating criteria that help calculate the rates you pay for car insurance. When you know what positively or negatively controls the rates you pay, this allows you to make educated decisions that could result in cheaper rates.

Listed below are some of the major factors used by your company to calculate premiums.

  • How much liability protection – The liability coverage on your policy is the protection if ever you are determined to be liable for causing damage or personal injury in an accident. Liability provides legal defense which can be incredibly expensive. Carrying liability coverage is mandatory and cheap as compared to coverage for physical damage, so do not cut corners here.
  • Prices also based on gender – Over time, data shows women tend to be less risk to insure than men. Now that doesn’t mean women are better drivers. Both sexes tend to get into auto accidents in similar numbers, but the males cause more damage and cost insurance companies more money. Men also get ticketed for serious violations like driving under the influence (DUI).
  • How your age affects premiums – More mature drivers are more responsible, cause fewer claims and accidents and tend to be get fewer driving tickets.Youthful drivers are proven to be careless and easily distracted when at the wheel of a vehicle so car insurance rates are higher.
  • Driving citations can be expensive – Attentive drivers get better rates than people who have multiple driving citations. Even one speeding ticket or other violation can increase rates by twenty percent. Drivers unfortunate enough to have serious tickets such as DUI or reckless driving may face state-mandated requirements to complete a SR-22 with their state’s department of motor vehicles in order to prevent their license from being revoked.

Don’t overlook these insurance discounts

Some providers don’t always publicize the complete list of policy discounts in a way that’s easy to find, so here is a list both well-publicized and also the lesser-known credits that may apply to you.

  • Data Collection Discounts – Insureds who allow data collection to scrutinize when and where they use their vehicle by using a telematic data system such as Snapshot from Progressive or Drivewise from Allstate could see a rate decrease if they exhibit good driving behavior.
  • Discount for Life Insurance – Select insurance carriers reward you with lower insurancerates if you buy a life insurance policy as well.
  • New Car Discount – Buying a new car model can get you a discount due to better safety requirements for new model year vehicles.
  • Student Discounts – A discount for being a good student could provide a savings of up to 20% or more. The discount lasts up until you turn 25.
  • Multi-Vehicle Discounts – Insuring primary and secondary vehicles on one policy can reduce the rates for all insured vehicles.
  • Drivers Education – It’s a good idea to have your young drivers take driver’s ed class as it will make them better drivers and lower rates.
  • Discount for Swiching Early – Some insurance companies reward drivers for renewing your policy before your current policy expires. The savings is around 10%.
  • First Accident Forgiveness – This one isn’t a discount, but companies like State Farm and Progressive will forgive one accident before hitting you with a surcharge as long as you don’t have any claims prior to being involved in the accident.
  • Mature Driver Discount – If you’re over the age of 55, you may qualify for reduced rates on Grand Cherokee SRT coverage.
  • Safe Driver Discounts – Insureds who avoid accidents may save up to 50% more on Grand Cherokee SRT coverage than drivers with accidents.

You can save money using discounts, but most of the big mark downs will not be given to your bottom line cost. Some only reduce the cost of specific coverages such as comp or med pay. So even though they make it sound like you could get a free insurance policy, that’s just not realistic.

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

  • State Farm offers discounts for driver’s education, multiple autos, accident-free, multiple policy, good driver, and student away at school.
  • American Family has discounts for multi-vehicle, early bird, mySafetyValet, air bags, TimeAway discount, and defensive driver.
  • Geico offers discounts including federal employee, seat belt use, multi-policy, membership and employees, good student, air bags, and military active duty.
  • 21st Century offers premium reductions for homeowners, teen driver, good student, student driver, 55 and older, and air bags.
  • Progressive includes discounts for homeowner, online quote discount, online signing, good student, multi-policy, and continuous coverage.

Before you buy a policy, ask every company which discounts they offer. Savings may not apply to policyholders in your area. For a list of insurance companies offering insurance discounts, click here.

When to get professional advice

When choosing coverage for your personal vehicles, there is no best way to insure your cars. Your needs are not the same as everyone else’s so your insurance should reflect that For example, these questions might point out whether your personal situation might need professional guidance.

  • Can my teen drive my company car?
  • Does my personal policy cover me when driving out-of-state?
  • How do I file an SR-22 for a DUI in my state?
  • Is my state a no-fault state?
  • How does medical payments coverage work?
  • Is business equipment covered while in my vehicle?
  • Can I make deliveries for my home business?
  • Am I covered when driving in Canada or Mexico?
  • Does my policy cover me when driving someone else’s vehicle?
  • Do I need replacement cost coverage on my 2016 Jeep Grand Cherokee SRT?

If you don’t know the answers to these questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, complete this form or you can go here for a list of companies in your area.

Coverage specifics

Learning about specific coverages of auto insurance can be of help when determining appropriate coverage for your vehicles. The terms used in a policy can be confusing and nobody wants to actually read their policy. Listed below are the normal coverages found on the average auto insurance policy.

Coverage for liability

This coverage can cover damages or injuries you inflict on a person or their property. This coverage protects you against other people’s claims, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have limits of 50/100/50 that translate to a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property. Another option is one number which is a combined single limit which combines the three limits into one amount without having the split limit caps.

Liability can pay for claims such as medical expenses, repair costs for stationary objects and bail bonds. The amount of liability coverage you purchase is a personal decision, but you should buy as high a limit as you can afford.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage provides protection from other motorists when they either have no liability insurance or not enough. Covered claims include injuries to you and your family as well as damage to your Jeep Grand Cherokee SRT.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Usually the UM/UIM limits are identical to your policy’s liability coverage.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage pay for expenses for nursing services, dental work, doctor visits, X-ray expenses and pain medications. They are often used in conjunction with a health insurance policy or if you lack health insurance entirely. It covers you and your occupants in addition to being hit by a car walking across the street. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage

Collision coverage

Collision coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for claims such as crashing into a building, crashing into a ditch, colliding with another moving vehicle, colliding with a tree and rolling your car. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. Another option is to increase the deductible in order to get cheaper collision rates.

Comprehensive coverage

This covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive insurance covers things such as hitting a deer, falling objects, theft, a tree branch falling on your vehicle and damage from flooding. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Take this to the bank

As you go through the steps to switch your coverage, never skimp on critical coverages to save a buck or two. There are many occasions where an insured dropped collision coverage and learned later they didn’t purchase enough coverage. The proper strategy is to buy enough coverage at a price you can afford.

Budget-conscious 2016 Jeep Grand Cherokee SRT insurance can be bought online in addition to many insurance agents, and you should compare rates from both in order to have the best price selection to choose from. Some car insurance companies may not provide rate quotes online and many times these smaller companies only sell coverage through independent agents.

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