2008 Jeep Grand Cherokee Insurance Cost – 9 Tips for Cheaper Prices

Want better insurance coverage rates for your Jeep Grand Cherokee? Having to pay for expensive Jeep Grand Cherokee insurance can deplete your budget and put a big crunch on your finances. Shopping your coverage around is free and is an excellent way to tighten up your finances.

Big companies like State Farm, Allstate, Geico and Progressive constantly blast consumers with TV and radio ads and it is challenging if not impossible to ignore the propoganda and do the work needed to find the best deal.

If you have a current car insurance policy or are just looking to switch companies, you will benefit by learning to reduce the price you pay and still get good coverage. Choosing the best insurance company for you is not rocket science. Drivers only need an understanding of how to shop online.

Verify you’re receiving every discount

Auto insurance companies don’t always list every available discount very well, so the following list contains a few of the more common in addition to some of the lesser obvious credits that you can use to lower your rates.

• Online Discount – A handful of insurance coverage companies will provide an incentive just for signing your application on the internet.
• Driving Data Discount – Drivers who agree to allow data collection to scrutinize their driving habits by using a small device installed in their vehicle such as State Farm’s In-Drive could save a few bucks if they have good driving habits.
• Bundled Policy Discount – When you combine your home and auto insurance with the same company you may earn at least 10% off all policies.
• Use Seat Belts – Drivers who always wear seat belts and also require passengers to buckle up before driving could save 15% off the PIP or medical payment premium.
• Memberships – Affiliation with a qualifying organization is a good way to get lower rates when getting a car insurance quote.
• Payment Discounts – If you pay your bill all at once instead of making monthly payments you can actually save on your bill.
• Braking Control Discount – Vehicles that have anti-lock braking systems prevent accidents so you can save 10 percent or more.
• Discount for Life Insurance – If the company offers life insurance, you could get better premium rates if you take out some life insurance in addition to your auto policy.
• Anti-theft Discount – Cars and trucks equipped with tracking devices and advanced anti-theft systems can help prevent theft and can earn a small discount on your policy.

As a footnote on discounts, most discounts do not apply to the overall cost of the policy. Most cut the cost of specific coverages such as comprehensive or collision. Even though it appears having all the discounts means you get insurance for free, company stockholders wouldn’t be very happy.

To find companies that can offer you the previously mentioned discounts, click here to view.

When should I discuss my situation with an agent?

When it comes to choosing the right insurance coverage for your vehicles, there really is not a “perfect” insurance plan. Every situation is different so this has to be addressed. These are some specific questions can aid in determining whether you might need professional guidance.

• How much liability coverage do I need in my state?
• What companies insure drivers after a DUI or DWI?
• Is my cargo covered for damage or theft?
• Does insurance cover tools stolen from my truck?
• Can I make deliveries for my home business?
• If I drive on a suspended license am I covered?
• How do I buy GAP insurance?

If you can’t answer these questions, you may need to chat with an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies. It only takes a few minutes and can provide invaluable advice.

Auto insurance coverages

Learning about specific coverages of insurance helps when choosing the right coverages and proper limits and deductibles. Policy terminology can be ambiguous and nobody wants to actually read their policy. Listed below are the normal coverages found on most insurance policies.

Uninsured or underinsured coverage

This protects you and your vehicle from other motorists when they either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants and damage to your Jeep Grand Cherokee.

Because many people 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 important protection for you and your family. Normally the UM/UIM limits are set the same as your liablity limits.

Auto liability insurance

Liability coverage provides protection from injuries or damage you cause to a person or their property that is your fault. It protects YOU from claims by other people. It does not cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 100/300/100 which stand for a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property. Some companies may use one limit called combined single limit (CSL) which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage pays for claims like structural damage, repair costs for stationary objects, loss of income and pain and suffering. How much liability should you purchase? That is a decision to put some thought into, but buy as high a limit as you can afford.

Comprehensive protection

This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things such as damage from flooding, hail damage, hitting a bird and damage from getting keyed. The maximum payout a insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Collision coverage protection

This coverage covers damage to your Grand Cherokee caused by collision with another car or object. You have to pay a deductible then your collision coverage will kick in.

Collision coverage protects against things such as colliding with a tree, rolling your car and crashing into a ditch. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.

Medical expense coverage

Coverage for medical payments and/or PIP kick in for immediate expenses for prosthetic devices, pain medications, doctor visits and EMT expenses. They are often used in conjunction with a health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants and will also cover being hit by a car walking across the street. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Be Smart and Buy Smart

We just presented quite a bit of information on how to reduce 2008 Jeep Grand Cherokee insurance prices online. The key thing to remember is the more providers you compare, the more likely it is that you will get a better rate. You may be surprised to find that the biggest savings come from an unexpected company. These smaller insurers may cover specific market segments cheaper than their larger competitors like State Farm or Progressive.

Cheaper 2008 Jeep Grand Cherokee insurance is available online in addition to local insurance agencies, and you should compare price quotes from both so you have a total pricing picture. A few companies may not have online quoting and many times these small insurance companies prefer to sell through local independent agencies.

Additional learning opportunities

• Auto Insurance Learning Center (State Farm)
• Who Has Affordable San Antonio Car Insurance Rates for a Jeep Grand Cherokee? (SACoverage.com)
• Five Tips to Save on Auto Insurance (Insurance Information Insitute)
• Steps to Take After an Auto Accident (Insurance Information Insitute)
• Teen Driving Statistics (iihs.org)