View 2004 Jeep Grand Cherokee Car Insurance Rates

Trying to find better insurance rates for your Jeep Grand Cherokee? Searching for budget insurance on the web may seem to be somewhat intimidating for drivers that are not comfortable with quoting and comparing rates and buying insurance on the internet. With a ridiculous number of companies in the marketplace, how can anyone possibly compare all the different companies and get the cheapest available price?

This information will help educate you on how car insurance quotes work and some money-saving tips. If you currently have a car insurance policy, you should be able to save some money using this information. But consumers can benefit from knowing how the larger insurance companies compete online and apply this information to your search.

Why smart consumers pay less for Jeep Grand Cherokee insurance

An important part of buying insurance is that you know the rating factors that play a part in calculating your insurance rates. If you know what positively or negatively impacts your premiums, this enables you to make decisions that could result in better insurance rates. Lots of factors are taken into consideration when pricing auto insurance. Some of the criteria are obvious like a motor vehicle report, but some are less obvious such as whether you are married or your vehicle rating.

The list below includes most of the major factors used by companies to determine your rate level.

• Accidents mean higher rates – Drivers who don’t get tickets receive lower rates than people who have multiple driving citations. Just one speeding ticket can increase the cost of insurance substantially. Drivers who have serious violations such as reckless driving or DUI may find they need to submit a SR-22 form with their state in order to drive a vehicle legally.
• Bad credit will cost you – Having a good credit rating will be a significant factor in determining your rates. Therefore, if your credit can use some improvement, you could be paying less to insure your 2004 Jeep Grand Cherokee if you clean up your credit. Insureds with very high credit ratings tend to be better drivers and file fewer claims than drivers with bad credit.
• Save by staying claim free – If you file claims often, don’t be surprised to see increased rates or even have your policy non-renewed. Companies provide cheaper rates to people who file claims infrequently. Auto insurance is intended to be relied upon for major claims that would cause financial hardship.
• Eliminate extra coverages – Insurance policies have a lot of additional extra coverages that can waste your money on your Grand Cherokee policy. Insurance for coverage for rental cars, towing, and additional equipment coverage may be costing you every month. You may think they are a good idea when you first buy your policy, but if you’ve never needed them in the past eliminate them to save money.
• Deter car thieves – Buying a car with anti-theft technology or alarm system can earn a premium discount. Advanced theft deterrents such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all help prevent auto theft.

Discounts can really help save money

Some insurers don’t list their entire list of discounts in a way that’s easy to find, so we took the time to find a few of the more well known as well as the least known insurance coverage savings.

• Accident-Free Discounts – Drivers who stay claim-free can earn big discounts as opposed to policyholders that have many claims.
• Seat Belts Save – Requiring all passengers to use a seat belt may be able to save a few bucks off PIP or medical payments premium.
• No Charge for an Accident – This isn’t a discount exactly, but some companies like Geico, Progressive, and Allstate permit an accident without the usual rate increase so long as you are claim-free before the accident.
• Early Payment Discounts – If you pay your entire premium ahead of time as opposed to paying monthly you can avoid monthly service charges.
• Policy Bundle Discount – If you can bundle your homeowners and auto insurance and insure them both with the same insurance company you could get a discount of 10% to 20% off each policy.
• Anti-lock Brake System – Cars and trucks with anti-lock braking systems prevent accidents so you can save 10 percent or more.
• Sign Early and Save – A few insurance companies give discounts for buying a policy prior to the expiration date on your current policy. This discount can save up to 10%.
• Own a Home – Just being a homeowner can get you a discount because owning a home is proof of financial responsibility.
• Telematics Discount – People who choose to allow their insurance coverage company to spy on driving manner by using a telematic data system like In-Drive from State Farm and Progressive’s Snapshot may get a rate reduction if they are good drivers.
• Discount for Life Insurance – If the company offers life insurance, you could get lower insurance coveragerates if you buy a life policy as well.

One last thing about discounts, most discount credits are not given to the entire policy premium. Most only cut the cost of specific coverages such as liability, collision or medical payments. Even though it appears adding up those discounts means a free policy, company stockholders wouldn’t be very happy.

The best insurance coverage companies and their offered discounts are detailed below.

• Geico offers premium reductions for defensive driver, military active duty, anti-theft, emergency military deployment, multi-vehicle, and driver training.
• MetLife has discounts for defensive driver, claim-free, good driver, good student, accident-free, and multi-policy.
• State Farm offers discounts for passive restraint, multiple autos, anti-theft, Steer Clear safe driver discount, multiple policy, driver’s education, and good student.
• Progressive may have discounts that include multi-vehicle, online quote discount, multi-policy, continuous coverage, good student, and online signing.
• Mercury Insurance includes discounts for good student, ease of repair, age of vehicle, multi-car, and accident-free.
• 21st Century may offer discounts for student driver, driver training, 55 and older, good student, anti-lock brakes, and teen driver.
• Allstate offers discounts including passive restraint, auto/life discount, good student, anti-theft, early signing, and economy car.

If you need lower rates, check with all companies you are considering which discounts you may be entitled to. Some of the earlier mentioned discounts may not be available in your area. If you would like to choose from a list of companies that can offer you the previously mentioned discounts, click here.

Will just any policy work for me?

When it comes to buying coverage for your personal vehicles, there really is not a one size fits all plan. Your needs are not the same as everyone else’s.

For example, these questions might help in determining if your insurance needs might need professional guidance.

• What are the financial responsibility laws in my state?
• Does having multiple vehicles earn me a discount?
• Do I need PIP coverage since I have good health insurance?
• Is my cargo covered for damage or theft?
• Should I get collision insurance on every vehicle?
• What is covered by UM/UIM coverage?
• Is motorclub coverage worth it?

If you’re not sure about those questions, you may need to chat with a licensed agent. To find lower rates from a local agent, fill out this quick form.

Auto insurance coverage breakdown

Understanding the coverages of auto insurance aids in choosing which coverages you need and proper limits and deductibles. Policy terminology can be ambiguous and reading a policy is terribly boring.

Collision protection

This coverage pays for damage to your Grand Cherokee resulting from colliding with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision insurance covers things such as colliding with a tree, sideswiping another vehicle and driving through your garage door. This coverage can be expensive, so consider dropping it from older vehicles. It’s also possible to bump up the deductible to save money on collision insurance.

Liability coverages

This can cover damage that occurs to a person or their property by causing an accident. It protects YOU against other people’s claims. Liability doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. As an example, you may have liability limits of 25/50/25 which stand for a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000. Another option is one number which is a combined single limit which provides one coverage limit without having the split limit caps.

Liability coverage protects against things like loss of income, court costs, funeral expenses and medical expenses. How much coverage you buy is a personal decision, but buy higher limits if possible.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage kick in for bills such as funeral costs, prosthetic devices and doctor visits. They can be used to fill the gap from your health insurance program or if you do not have health coverage. They cover all vehicle occupants in addition to being hit by a car walking across the street. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

Comprehensive or Other Than Collision

Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims such as hail damage, theft, a broken windshield, damage from flooding and rock chips in glass. The maximum amount your auto insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

UM/UIM Coverage

This gives you protection from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Most of the time your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Saving money is sweet as honey

Insureds who switch companies do it for any number of reasons including denial of a claim, being labeled a high risk driver, unfair underwriting practices or high prices. It doesn’t matter what your reason, finding a great new company can be pretty painless.

We just covered some good ideas how to shop for 2004 Jeep Grand Cherokee insurance online. The key thing to remember is the more price quotes you have, the better your chances of lowering your premium rates. Drivers may discover the most savings is with a small mutual company.

While you’re price shopping online, do not reduce needed coverages to save money. Too many times, an insured cut full coverage and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. Your focus should be to buy a smart amount of coverage at the best cost, but don’t skip important coverages to save money.

Even more information can be read in the articles below:

• Auto Insurance Learning Center (State Farm)
• Frontal Crash Tests (iihs.org)
• A Tree Fell on Your Car: Now What? (Allstate)
• What is Full Coverage? (Allstate)
• Tread Depth and Tire Safety (State Farm)