2012 Jeep Compass Car Insurance Quotes – 5 Ideas for Best Rates

Trying to come up with a payment for overpriced car insurance can stress out your family’s budget and force you to prioritize other expenses.

Consumers have multiple car insurance companies to choose from, and though it is a good thing to be able to choose, having more auto insurance companies makes it harder to adequately compare rates.

How much is auto insurance?

To find the best auto insurance rates, there are several ways to obtain and compare prices from different insurance companies. The easiest way by far to find cheaper 2012 Jeep Compass rates is to use the internet to compare rates. It is quite easy and can be accomplished in a couple minutes as outlined below.

1. If you don’t have a lot of time, the easiest way to get the best comparison quotes is to use a rate comparison form (click to open form in new window). This type of form keeps you from doing separate quotes for each price estimate. One simple form will return quotes from several companies.
2. A more difficult way to shop for auto insurance online is to manually visit each company website and request a quote. For examples sake, let’s assume you want to get rates from Progressive, Safeco and Allstate. In order to compare rates, you need to go to each individual site to enter your coverage information, which can get rather old.

   For a list of companies in your area, click here.

Compare rates however you want, just make darn sure you compare apples-to-apples quote data for every quote you compare. If you enter different limits and deductibles on each one you can’t possibly determine the lowest rate for your Jeep Compass. Just slight variations in limits could throw off the whole comparison. It’s important to know that getting more free quotes increases the change that you will find more affordable rates.

Five discounts for lower-cost auto insurance quotes

Auto insurance is neither fun to buy or cheap, but you might already qualify for some discounts that you may not know about. Some trigger automatically when you quote, but occassionally some discounts must be inquired about before you will receive the discount.

• Theft Deterent System – Cars, trucks, and SUVs equipped with anti-theft or alarm systems have a lower chance of being stolen and will save you 10% or more.
• Payment Discounts – By paying your policy upfront as opposed to paying monthly you may reduce your total bill.
• Student Discounts – A discount for being a good student could provide a savings of up to 20% or more. The good student discount can last up to age 25.
• Policy Bundle Discount – If you can bundle your auto and home insurance and insure them with the same company you could get a discount of up to 20% off your total premium.
• Safe Drivers – Insureds who avoid accidents can get discounts for up to 45% lower rates for Compass coverage as compared to drivers with claims.

As a disclaimer on discounts, most credits do not apply to your bottom line cost. Most only apply to the cost of specific coverages such as medical payments or collision. So even though they make it sound like you can get free auto insurance, it’s just not the way it works.

A list of companies and their possible discounts are:

• American Family discounts include good driver, good student, defensive driver, accident-free, early bird, multi-vehicle, and air bags.
• Nationwide may include discounts for defensive driving, accident-free, good student, family plan, business or organization, easy pay, and multi-policy.
• MetLife has discounts for multi-policy, good student, defensive driver, good driver, and claim-free.
• 21st Century may offer discounts for student driver, air bags, theft prevention, teen driver, good student, 55 and older, and defensive driver.
• Farmers Insurance offers discounts for multi-car, distant student, electronic funds transfer, youthful driver, and bundle discounts.
• Allstate may have discounts that include anti-theft, premier plus, FullPay discount, passive restraint, anti-lock brakes, and senior citizen.

If you need inexpensive car insurance quotes, ask each company the best way to save money. Some discounts might not apply everywhere. To choose insurers that offer discounts, follow this link.

You may need specialized insurance coverage

When choosing the right insurance coverage, there isn’t really a cookie cutter policy. Everyone’s situation is unique so your insurance needs to address that. Here are some questions about coverages that might help in determining if you would benefit from an agent’s advice.

• Am I covered when delivering products for my home-based business?
• Should I sign the liability waiver when renting a car?
• Does my insurance cover my expensive audio equipment?
• Can my teen driver be rated on a liability-only vehicle?
• Is upholstery damage covered by car insurance?
• Do I need higher collision deductibles?
• Am I covered if my car is in a flood?
• Am I covered when driving a rental car?
• Is borrowed equipment or tools covered if stolen or damaged?

If it’s difficult to answer those questions but you know they apply to you then you might want to talk to a licensed agent. To find an agent in your area, simply complete this short form or you can also visit this page to select a carrier

Coverages available on your policy

Having a good grasp of your policy can be of help when determining which coverages you need for your vehicles. Policy terminology can be difficult to understand and nobody wants to actually read their policy. Listed below are the normal coverages offered by auto insurance companies.

Coverage for medical expenses

Med pay and PIP coverage pay for bills such as doctor visits, pain medications and prosthetic devices. They 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 in addition to any family member struck as a pedestrian. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Collision insurance

Collision coverage will pay to fix damage to your Compass caused by collision with another car or object. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against things like colliding with a tree, damaging your car on a curb, hitting a parking meter, crashing into a ditch and scraping a guard rail. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

Coverage for uninsured or underinsured drivers

This coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Jeep Compass.

Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important.

Liability coverage

This can cover damages or injuries you inflict on other’s property or people. Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 25/50/25 which stand for $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability can pay for things such as funeral expenses, pain and suffering, legal defense fees and bail bonds. The amount of liability coverage you purchase is a personal decision, but buy as high a limit as you can afford.

Comprehensive auto insurance

This covers damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like fire damage, vandalism and damage from getting keyed. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Smart shoppers get results

When trying to cut insurance costs, do not sacrifice coverage to reduce premiums. In too many instances, an insured cut physical damage coverage and discovered at claim time that a couple dollars of savings turned into a financial nightmare. The goal is to buy a smart amount of coverage at an affordable rate, but don’t skip important coverages to save money.

Budget-friendly insurance is available online and also from your neighborhood agents, and you need to price shop both in order to have the best price selection to choose from. Some insurance companies may not provide the ability to get quotes online and these regional insurance providers only sell through independent insurance agencies.

More detailed insurance information is available in these articles:

• Child Safety Seats (Insurance Information Insitute)
• Side Impact Crash Tests (iihs.org)
• Preventing Carjacking and Theft (Insurance Information Insitute)
• Distracted Driving (Insurance Information Insitute)