2008 Jeep Compass Insurance Cost – 8 Discounts for Best Prices

Trying to find lower auto insurance rates for your Jeep Compass? Are you baffled by the wide range of auto insurance sources? You have such a large number of options that it can easily turn into a challenge to find the perfect company for you.

Save a ton with these eight insurance coverage discounts

Not many people think insurance is cheap, but you might already qualify for some discounts that could drop your premiums quite a bit. Most are applied when you purchase, but lesser-known reductions have to be asked for before they will apply.

• Discounts for Seat Belt Usage – Using a seat belt and requiring all passengers to buckle up before driving can save up to 10 percent (depending on the company) on the medical payments or PIP coverage costs.
• Sign Online – Certain insurance coverage companies will give you a small discount shop insurance over the internet.
• Student in College – Kids who live away from home to go to college and do not have a car could qualify for this discount.
• Low Mileage Discounts – Driving less can earn lower insurance coveragerates on the low mileage vehicles.
• Telematics Devices – Policyholders that allow companies to scrutinize driving habits by using a telematics device such as Progressive’s Snapshot and State Farm’s In-Drive could see a rate decrease if they show good driving skills.
• Membership in Organizations – Joining specific professional or occupational memberships or organizations can get you a small discount on your bill.
• Defensive Driver Discount – Taking part in a class that teaches defensive driver techniques is a good idea and can lower rates and easily pay for the cost of the class.
• Multiple Cars – Having multiple vehicles on one policy can reduce the rates for all insured vehicles.

Policy discounts save money, but most credits do not apply to the entire policy premium. Most only apply to the cost of specific coverages such as comprehensive or collision. Even though it appears it’s possible to get free car insurance, insurance companies wouldn’t stay in business.

To see providers that offer discounts, click here.

Auto insurance can get complicated

When choosing adequate coverage, there is no “perfect” insurance plan. Your needs are not the same as everyone else’s.

Here are some questions about coverages that may help you determine whether your personal situation would benefit from an agent’s advice.

• Is business equipment covered while in my vehicle?
• How does medical payments coverage work?
• What is UM/UIM insurance?
• How can I find cheaper teen driver insurance?
• What can I do if my company won’t pay a claim?
• Do I get a pro-rated refund if I cancel my policy early?
• Should I get collision insurance on every vehicle?
• Is my state a no-fault state?
• Am I covered when driving a rental car?

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

Save $382 a year! What?

Well-known car insurance companies like 21st Century, Allstate and State Farm constantly bombard you with ads on television and other media. All the ads make the same claim that you can save after switching your policy. How does every company charge you a lower premium? Here is how they do it.

Insurance providers have a preferred profile for the type of driver that will not have excessive claims. For example, this type of risk profile may need to be over the age of 45, has a clear driving record, and has great credit. Any person that meets those criteria will probably get the lowest prices and will probably save a lot of money.

Potential insureds who fall short of these criteria will probably have to pay a higher rate and the customer not buying. The trick is to say “drivers who switch” not “everyone that quotes” save money. This is how companies can claim big savings.

Each company has different criteria, so drivers must get as many free insurance quotes as possible. It’s just not possible to know which car insurance company will have the lowest rate quotes.

Car insurance coverages for a 2008 Jeep Compass

Learning about specific coverages of your insurance policy can be of help when determining the right coverages for your vehicles. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring.

Comprehensive protection – This coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims like a tree branch falling on your vehicle, theft and damage from a tornado or hurricane. The highest amount you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Uninsured or underinsured coverage – This provides protection when other motorists are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family as well as damage to your Jeep Compass.

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. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Usually the UM/UIM limits are set the same as your liablity limits.

Collision coverages – This will pay to fix damage to your Compass resulting from colliding with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims such as hitting a parking meter, hitting a mailbox, rolling your car, driving through your garage door and crashing into a ditch. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses like chiropractic care, rehabilitation expenses and EMT expenses. They are used to fill the gap from your health insurance policy or if you do not have health coverage. It covers you and your occupants and will also cover being hit by a car walking across the street. PIP is only offered in select states and gives slightly broader coverage than med pay

Liability insurance – This protects you from damages or injuries you inflict on a person or their property. Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see liability limits of 25/50/25 that translate to $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery. Alternatively, you may have a combined single limit or CSL which limits claims to one amount without having the split limit caps.

Liability insurance covers things like funeral expenses, repair costs for stationary objects, pain and suffering and emergency aid. The amount of liability coverage you purchase is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.

Online plus local equals savings

Consumers who switch companies do it for many reasons like extreme rates for teen drivers, poor customer service, unfair underwriting practices or being labeled a high risk driver. Regardless of your reason for switching companies, finding a new insurance company is pretty simple and you could end up saving a buck or two.

Lower-priced insurance is available both online as well as from insurance agents, and you should compare price quotes from both to get a complete price analysis. There are still a few companies who don’t offer online quoting and many times these regional insurance providers work with independent agents.

We covered many ideas to shop for 2008 Jeep Compass insurance online. The most important thing to understand is the more you quote insurance, the better likelihood of getting affordable insurance. You may be surprised to find that the most savings is with some of the lesser-known companies.

For more information, link through to these articles:

• Neck Injury FAQ (iihs.org)
• Coverage Information (Progressive Insurance)
• Side Impact Crash Tests (iihs.org)
• Top Signs Your Brakes are Giving Out (State Farm)