Tired of trying to scrape together enough money to insure your Jeep every month? You’re in the same situation as many other consumers. Since consumers have many insurance companies to choose from, it’s nearly impossible to choose the cheapest insurance company.
Insuring your vehicles can cost a lot, but there are discounts available to reduce the price significantly. Some discounts apply automatically when you complete an application, but some must be asked about before you get the savings. If you’re not getting every credit you deserve, you’re paying more than you need to.
It’s important to note that some of the credits will not apply to all coverage premiums. The majority will only reduce the price of certain insurance coverages like liability, collision or medical payments. So even though they make it sound like having all the discounts means you get insurance for free, it doesn’t quite work that way. Any qualifying discounts will bring down your overall premium however.
For a list of companies offering insurance coverage discounts, click this link.
Comparing insurance rates can take hours if you don’t understand the most efficient way. You can waste a few hours (or days) talking about coverages with local insurance agents in your area, or you could save time and use the web to get rate comparisons in just a few minutes.
Many insurance companies are enrolled in a marketplace where insurance shoppers submit their information once, and each participating company then gives them pricing based on that data. This prevents consumers from doing quote requests to every company.
To compare 2012 Jeep Patriot rates using this form now click here to start a free quote.
The single downside to doing it this way is that you can’t choose the insurers to receive prices from. If you wish to select specific providers to compare prices, we have a listing of insurance companies in your area. Click to view list.
Which method you use is up to you, but double check that you are using the exact same coverage information for each comparison quote. If you use different deductibles it will be very difficult to make an equal comparison.
When it comes to choosing the right insurance coverage, there isn’t really a “perfect” insurance plan. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. For instance, these questions may help highlight whether or not you would benefit from professional advice.
If you don’t know the answers to these questions but one or more may apply to you then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this 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.
Understanding the coverages of a insurance policy can help you determine appropriate coverage for your vehicles. Insurance terms can be impossible to understand and nobody wants to actually read their policy. Below you’ll find the normal coverages found on most insurance policies.
Collision coverage protection
This coverage covers damage to your Patriot resulting from a collision with an object or car. You will need to pay your deductible and then insurance will cover the remainder.
Collision coverage protects against things like hitting a parking meter, colliding with another moving vehicle, driving through your garage door and colliding with a tree. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible to bring the cost down.
Uninsured Motorist or Underinsured Motorist insurance
Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as damage to your Jeep Patriot.
Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. So UM/UIM coverage is very important. Usually these coverages are set the same as your liablity limits.
Insurance for medical payments
Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills like funeral costs, nursing services and pain medications. They are often used to cover expenses not covered by your health insurance policy or if you do not have health coverage. They cover both the driver and occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay
Auto liability
This coverage protects you from damage or injury you incur to people or other property. This coverage protects you from legal claims by others, and doesn’t cover your own vehicle damage or injuries.
Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 100/300/100 which means $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and $100,000 of coverage for damaged propery. Occasionally you may see one limit called combined single limit (CSL) that pays claims from the same limit without having the split limit caps.
Liability can pay for claims like legal defense fees, medical services, repair bills for other people’s vehicles and repair costs for stationary objects. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.
Comprehensive coverage (or Other than Collision)
Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive coverage protects against things like hail damage, fire damage and hitting a deer. 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 consider removing comprehensive coverage.
As you go through the steps to switch your coverage, you should never sacrifice coverage to reduce premiums. There are too many instances where drivers have reduced collision coverage only to find out that a couple dollars of savings turned into a financial nightmare. Your aim should be to buy the best coverage you can find at the best price, not the least amount of coverage.
Cheaper 2012 Jeep Patriot insurance is available from both online companies and with local insurance agents, so you should be comparing quotes from both in order to have the best chance of saving money. There are still a few companies who do not offer online price quotes and most of the time these small insurance companies sell through independent agents.
Much more information about insurance coverage can be read at the links below