I can’t think of anyone who cherishes buying insurance, especially when they are paying too much. Numerous auto insurance companies battle for your insurance dollar, and because of this it can be hard to compare insurers to find the absolute lowest rate
It’s a good habit to check insurance prices occasionally since rates are variable and change quite frequently. Just because you found the best rates on Grand Cherokee coverage six months ago you can probably find a better price now. Ignore everything you know about insurance because I’m going to let you in on the secrets to how to use the internet to reduce your cost while improving coverage.
If you have a current insurance policy or are looking for a new policy, you can learn to find better prices and still get good coverage. Finding affordable coverage is quite easy. Consumers just need to understand the proper methods to compare company rates over the internet.
Insuring your vehicles can cost a lot, but companies offer discounts that you may not even be aware of. Some trigger automatically at the time you complete a quote, but lesser-known reductions have to be inquired about before being credited. If you’re not getting every credit possible, you are paying more than you should be.
Consumers should know that most discounts do not apply to the overall cost of the policy. Most cut the price of certain insurance coverages like physical damage coverage or medical payments. Even though it may seem like having all the discounts means you get insurance for free, companies don’t profit that way. But any discount will cut your premiums.
Car insurance companies that may offer these discounts include:
Check with all companies you are considering what discounts are available to you. All car insurance discounts might not apply in your state.
When it comes to buying the right insurance coverage for your vehicles, there really is no perfect coverage plan. Everyone’s situation is unique so this has to be addressed. These are some specific questions could help you determine whether or not you could use an agent’s help.
If you’re not sure about those questions but a few of them apply, you may need to chat with an insurance agent. To find an agent in your area, simply complete this short form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and you can get the answers you need.
Understanding the coverages of insurance can help you determine the best coverages at the best deductibles and correct limits. Policy terminology can be ambiguous and reading a policy is terribly boring. Below you’ll find the normal coverages found on the average insurance policy.
Liability auto insurance – This can cover injuries or damage you cause to other’s property or people that is your fault. Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 100/300/100 that translate to a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property. Some companies may use a combined limit which combines the three limits into one amount rather than limiting it on a per person basis.
Liability coverage protects against claims such as emergency aid, funeral expenses, legal defense fees, bail bonds and structural damage. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase higher limits if possible.
Medical expense insurance – Medical payments and Personal Injury Protection insurance pay for expenses such as pain medications, ambulance fees, doctor visits and rehabilitation expenses. They are often used in conjunction with a health insurance policy or if you are not covered by health insurance. It covers both the driver and occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay
Comprehensive (Other than Collision) – This covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.
Comprehensive coverage pays for things such as hail damage, hitting a deer, damage from getting keyed, damage from a tornado or hurricane and a tree branch falling on your vehicle. The maximum amount you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
Protection from uninsured/underinsured drivers – This protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants and damage to your 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. So UM/UIM coverage is a good idea. Frequently your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.
Collision – Collision coverage covers damage to your Grand Cherokee from colliding with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.
Collision coverage pays for claims like sideswiping another vehicle, scraping a guard rail, colliding with another moving vehicle and colliding with a tree. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. Another option is to raise the deductible to save money on collision insurance.
We’ve covered some good ideas how to reduce 1998 Jeep Grand Cherokee insurance prices online. It’s most important to understand that the more you quote, the higher the chance of saving money. Drivers may discover the biggest savings come from some of the lesser-known companies. They may cover specific market segments cheaper as compared to the big name companies such as GEICO and State Farm.
Cheap insurance can be purchased online and with local insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. Some insurance providers do not offer you the ability to get quotes online and usually these regional insurance providers provide coverage only through local independent agents.
When you buy insurance online, it’s very important that you do not skimp on critical coverages to save a buck or two. There have been many cases where an accident victim reduced liability limits or collision coverage and found out when filing a claim that the savings was not a smart move. Your strategy should be to buy enough coverage at the best price while still protecting your assets.
Additional car insurance information is located at these links: