How Much Does 1994 Jeep Cherokee Car Insurance Cost?

Want cheaper car insurance rates for your Jeep Cherokee? If online car insurance comparisons are new to you, you may be overwhelmed thanks to the incredible selection of online car insurance companies and websites who claim to have the best car insurance rates.

This article will help educate you on the most effective way to quote insurance and some tips to save money. If you currently have car insurance, you will most likely be able to lower your premiums substantially using this strategy. But consumers benefit from understanding the methods companies use to price online insurance and take advantage of how the system works.

How to compare free insurance price quotes

There are a lot of ways to compare insurance quotes, but one way is less time-consuming than others. You could waste a few hours talking to insurance agencies in your area, or you could save time and use online quoting to get prices fast.

All the larger companies participate in an industry program that allows shoppers to enter their policy data once, and every company then returns a price quote based on that information. This eliminates the need for quote requests for every insurance company.

To find out how much you’re overpaying now click to open in new window.

The one downside to getting quotes like this is you cannot specify the insurers to receive prices from. So if you want to choose specific insurance companies for rate comparison, we have a page of the cheapest insurance companies in your area. Click to view list.

Whichever method you choose, do your best to enter apples-to-apples coverages and limits on every price quote you get. If you use different liability limits it will be very difficult to truly determine the lowest rate. Just slight variations in insurance coverages or limits may cause a big price difference. Keep in mind that comparing more rates from different companies helps increase your odds of locating more affordable insurance. Not every company does online rate quotes, so it’s important to compare rates from them as well.

Do you qualify for discount insurance?

Companies that sell car insurance don’t necessarily list all their discounts in a way that’s easy to find, so here is a list both well-publicized as well as the least known discounts that you may qualify for.

• Early Switch Discount – Some larger companies give discounts for buying a policy prior to the expiration date on your current policy. The savings is around 10%.
• Pay Now and Pay Less – If you can afford to pay the entire bill instead of paying each month you may reduce your total bill.
• Lower Rates for Military – Being on active deployment in the military could qualify you for better premium rates.
• Discounts for Federal Employees – Active or former government employment could cut as much as 10% off on Cherokee insurance with some insurance companies.
• Low Miles Discount – Driving less can earn substantially lower premium rates.
• No Claim Discounts – Drivers who stay claim-free are rewarded with significantly better rates on insurance coverage quote as compared to policyholders that have many claims.
• Seat Belts Save – Drivers who always wear seat belts and also require passengers to wear their seat belts can save up to 10 percent (depending on the company) on the medical payments or PIP coverage costs.

Please keep in mind that some credits don’t apply to the entire policy premium. Most only reduce the price of certain insurance coverages like comp or med pay. Just because it seems like you can get free auto insurance, you aren’t that lucky.

Large insurance companies and their offered discounts are outlined below.

• State Farm may offer discounts for Steer Clear safe driver discount, multiple autos, passive restraint, Drive Safe & Save, and defensive driving training.
• Progressive may have discounts that include online quote discount, homeowner, online signing, multi-vehicle, continuous coverage, multi-policy, and good student.
• Progressive has discounts for online quote discount, multi-policy, multi-vehicle, good student, continuous coverage, and online signing.
• MetLife has savings for multi-policy, good student, good driver, defensive driver, claim-free, and accident-free.
• Farm Bureau offers discounts for multi-vehicle, multi-policy, youthful driver, good student, renewal discount, and driver training.
• Geico offers premium reductions for anti-lock brakes, daytime running lights, federal employee, air bags, seat belt use, and driver training.
• SAFECO may include discounts for teen safe driver, bundle discounts, multi-car, anti-theft, drive less, and teen safety rewards.

It’s a good idea to ask each company which credits you are entitled to. Depending on the company, some discounts may not apply to policies everywhere. To see providers offering insurance discounts, click this link.

Lower your insurance premiums

Lots of factors are considered when premium rates are determined. Some of the criteria are obvious like a motor vehicle report, but some are less obvious such as your marital status and annual miles driven.An important part of buying insurance is that you know the different types of things that help determine the rates you pay for insurance. If you have a feel for what determines premiums, this allows you to make good choices that could help you find cheaper rates.

The following are some of the most common factors used by companies to determine your premiums.

• Alarm systems lowers premiums – Choosing a vehicle with a theft deterrent system can help lower your rates. Systems that thwart theives such as vehicle immobilizer systems, OnStar, and tracking devices like LoJack all aid in stopping car theft.
• Multiple policies with one company can save – Most larger companies give lower prices to clients who have multiple policies with them in the form of a multi-policy discount. Discounts can amount to five, ten or even twenty percent. Even with this discount applied, you may still want to get quotes from other companies to verify if the discount is saving money.
• Teenage drivers pay higher costs – Drivers with little experience are statistically shown to be inattentive with other occupants in the car so they pay higher insurance rates. More experienced drivers tend to be more responsible, are lower risk to insure and get fewer tickets.
• Cars with good safety ratings are cheaper to insure – Vehicles that have high safety ratings can get you lower premiums. These vehicles result in less severe injuries and lower injury rates means less money paid by your insurance company which can mean better rates for you.

What insurance coverages do I need?

When choosing the best insurance coverage for your personal vehicles, there really is not a “best” method to buy coverage. Every insured’s situation is different.

For example, these questions might help in determining whether or not you would benefit from professional advice.

• Where can I find high-risk insurance?
• Is there coverage for injuries to my pets?
• Is my ex-spouse still covered by my policy?
• Is borrowed equipment or tools covered if stolen or damaged?
• What vehicles should carry emergency assistance coverage?
• Should I get collision insurance on every vehicle?
• Should I rate my 1994 Jeep Cherokee as pleasure use or commute?
• I have a DUI can I still get coverage?

If you’re not sure about those questions, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, take a second and complete this form.

The car insurance bait and switch

Companies like 21st Century, Allstate and State Farm seem to constantly run ads on television and other media. All the ads make the same claim of big savings just by moving your policy. How do they all charge you less for auto insurance? This is how they do it.

Companies quote their cheapest rates for the type of driver that earns them the most money. One example of a preferred risk might have to be over the age of 40, has no claims, and does not commute to work. A driver that hits that “sweet spot” will probably get cheap auto insurance rates and have a good chance to save when they switch companies.

Drivers who do not meet these criteria will get more expensive rates and this results in business going elsewhere. If you listen closely, the ads state “customers that switch” not “everyone who quotes” save that kind of money. This is how companies can truthfully make those claims.

Because of these techniques, you really should get insurance coverage quotes from several different companies. It is impossible to guess the company that will have the best auto insurance rates at this point in time.

The coverage is in the details

Knowing the specifics of your insurance policy can help you determine the right coverages and proper limits and deductibles. Policy terminology can be confusing and nobody wants to actually read their policy.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses for things like ambulance fees, prosthetic devices, rehabilitation expenses, dental work and nursing services. The coverages can be utilized in addition to your health insurance policy or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Collision coverage

Collision coverage pays to fix your vehicle from damage caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things such as colliding with another moving vehicle, crashing into a building, damaging your car on a curb and backing into a parked car. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible to bring the cost down.

Comprehensive auto coverage

This coverage pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims like hail damage, a tree branch falling on your vehicle, falling objects and theft. The most a insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your Jeep Cherokee.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family. Usually the UM/UIM limits do not exceed the liability coverage limits.

Liability coverage

Liability coverage provides protection from damage that occurs to people or other property that is your fault. This coverage protects you against other people’s claims. It does not cover damage to your own property or vehicle.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 25/50/25 that translate to a $25,000 limit per person for injuries, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property. Another option is one limit called combined single limit (CSL) which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage pays for things like medical services, pain and suffering, loss of income and repair bills for other people’s vehicles. The amount of liability coverage you purchase is a decision to put some thought into, but buy as much as you can afford.

In any little way, save everyday

As you quote insurance coverage, don’t be tempted to skimp on critical coverages to save a buck or two. There have been many situations where drivers have reduced uninsured motorist or liability limits and discovered at claim time that saving that couple of dollars actually costed them tens of thousands. The ultimate goal is to purchase a proper amount of coverage for the lowest cost, but do not sacrifice coverage to save money.

In this article, we presented a lot of tips how to lower your 1994 Jeep Cherokee insurance car insurance rates. The most important thing to understand is the more rate quotes you have, the higher your chance of finding cheap insurance coverage. You may be surprised to find that the lowest priced insurance coverage comes from a company that doesn’t do a lot of advertising.

A few companies do not offer price quotes online and most of the time these smaller providers only sell coverage through independent agencies. Budget-friendly insurance coverage can be purchased online and with local insurance agents, and you should be comparing both to have the best selection.

Additional information is located at the links below

• Prom Night Tips for Teen Drivers (State Farm)
• Speed and Speed Limit FAQ (iihs.org)
• Eight Auto Insurance Myths (Insurance Information Insitute)
• Airbag FAQ (iihs.org)