2015 Jeep Cherokee Insurance Rates

Looking for better auto insurance rates for your Jeep Cherokee? Pricey Jeep Cherokee insurance can diminish your savings account and possibly require you to analyze your spending habits. Comparing rate quotes is a fast and free way to ensure you are getting the best deal.

Multiple insurance companies compete for your hard-earned dollar, and because of this it can be hard to compare insurers to discover the definitive lowest rate

It’s important to compare prices periodically since prices are rarely the same from one policy term to another. Just because you found the best deal for Cherokee coverage a few years ago a different company probably has better rate quotes today. Don’t believe everything you read about auto insurance online, but we’re going to give you a bunch of ideas how to find cheap auto insurance.

If you have insurance now or are looking for a new policy, you can use this information to find the best rates and still get good coverage. Choosing the best insurance company for you is not rocket science. Drivers only need an understanding of the tricks to compare company rates over the internet.

How to find affordable insurance coverage

Cutting your insurance coverage rates isn’t really that difficult. You just have to invest a little time getting comparison quotes to discover which company has cheap car insurance quotes. It’s really simple and can be done in a couple of different ways.

Probably the best way to compare a lot of rates at once would be an industry-wide quote request form click to view form in new window. This method keeps you from doing a different quote for every company. Completing one form gets coverage cost estimates from insurance coverage companies with the best prices.

A slightly less efficient method to shop for insurance coverage online requires a visit to each company’s website and fill out a new quote form. For instance, we’ll pretend you want to view quotes from Geico, Allstate and GMAC. To do that, you would have to go to every website to enter your coverage information, which explains why we recommend starting with the first method.

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

The final way to do your price quoting is driving to different agent offices. The ability to quote online eliminates this option unless you’re the type of person who wants the extra assistance of an agent trained in personal lines coverage. Drivers can comparison shop online and have a local agent actually service the policy.

Whichever method you choose, do your best to enter identical coverage limits for each comparison quote. If you use different liability limits it’s not possible to get a fair rate comparison.

Car insurance policy discounts

Car insurance can cost a lot, but companies offer discounts that can drop the cost substantially. A few discounts will automatically apply when you get a quote, but some must be asked about before being credited. If they aren’t giving you every credit possible, you could be paying more than you need to.

• Good Student Discount – Performing well in school can be rewarded with saving of up to 25%. Many companies even apply the discount to college students until age 25.
• Accident-Free Discounts – Insureds who avoid accidents and claims get the best car insurance rates when compared to frequent claim filers.
• Accident Forgiveness – Not really a discount, but companies like Geico and Allstate will forgive one accident before raising your premiums so long as you are claim-free for a set time period.
• Discount for Life Insurance – Larger car insurance companies have a break if you buy a life insurance policy as well.
• Pay Early and Save – By paying your policy upfront as opposed to paying monthly you can avoid the installment charge.
• Seat Belts Save more than Lives – Buckling up and requiring all passengers to buckle up before driving can save up to 15% on the premium charged for medical payments and/or PIP.
• Senior Discount – If you qualify as a senior citizen, you can get a slight reduction on a car insurance quote for Cherokee coverage.

Discounts save money, but please remember that most discounts do not apply to your bottom line cost. A few only apply to the cost of specific coverages such as physical damage coverage or medical payments. If you do the math and it seems like you could get a free car insurance policy, nobody gets a free ride.

Larger car insurance companies and a summarized list of policyholder discounts are detailed below.

• Farmers Insurance offers discounts including multi-car, business and professional, alternative fuel, pay in full, distant student, and switch companies.
• State Farm may include discounts for safe vehicle, multiple autos, Drive Safe & Save, accident-free, anti-theft, passive restraint, and driver’s education.
• Liberty Mutual has savings for preferred payment discount, hybrid vehicle, newly married, safety features, good student, and new graduate.
• MetLife has discounts for claim-free, good driver, accident-free, defensive driver, multi-policy, good student
• Progressive offers premium reductions for continuous coverage, multi-vehicle, homeowner, online signing, good student, multi-policy, and online quote discount.

Check with every prospective company which credits you are entitled to. Savings may not apply to policyholders in your area. To see a list of insurance companies that have a full spectrum of discounts, click here.

How do I know if I need professional advice?

When it comes to buying proper insurance coverage, there isn’t really a single plan that fits everyone. Every insured’s situation is different so this has to be addressed. For instance, these questions can aid in determining whether or not you would benefit from professional advice.

• Do I have newly-aquired coverage?
• Can I pay claims out-of-pocket if I buy high deductibles?
• When should I buy a commercial auto policy?
• What can I do if my company won’t pay a claim?
• Do I pay less for low miles?
• Are rock chip repairs covered?

If it’s difficult to answer those questions, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, simply complete this short form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and may give you better protection.

Informed drivers save more

Consumers need to have an understanding of some of the factors that come into play when calculating the level of your policy premiums. If you understand what determines base rates, this empowers consumers to make smart changes that may reward you with lower rates. Lots of factors are considered when quoting car insurance. Some of the criteria are obvious like an MVR report, but some are less obvious such as your marital status and annual miles driven.

The itemized list below are some of the items companies use to determine your prices.

• Lower rates with a multi-policy discount – Most major auto insurance companies afford lower prices to customers that purchase more than one policy in the form of a multi-policy discount. If you currently are using one company, it’s always a smart idea to shop around to make sure you are getting the best deal.
• Teenagers vs. experienced drivers – Young drivers have been known to get distracted easily when driving with friends so auto insurance rates are higher. Older people are more cautious drivers, cost insurance companies less in claims and get fewer tickets.
• Drive less and pay lower prices – The more miles you rack up on your Jeep in a year the more you will pay for auto insurance. The majority of insurers rate vehicles based upon how the vehicle is primarily used. Autos used primarily for pleasure use cost less to insure than those used for commuting. Incorrect rating for your Cherokee can result in significantly higher rates. Ask your agent if your auto insurance policy correctly shows annual mileage, because improper ratings can cost you money.
• Rural vs Urban Areas – Choosing to live in small towns and rural areas has it’s advantages when buying auto insurance. People in densly populated areas regularly have congested traffic and longer commutes to work. Fewer people corresponds to lower accident rates and a lower car theft rate.

Information about specific coverages

Understanding the coverages of your insurance policy can help you determine the best coverages and the correct deductibles and limits. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording. Below you’ll find typical coverages available from insurance companies.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage provides protection when the “other guys” either have no liability insurance or not enough. It can pay for medical payments for you and your occupants and damage to your Jeep Cherokee.

Since many drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Collision insurance

This covers damage to your Cherokee resulting from a collision with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.

Collision insurance covers claims such as colliding with a tree, backing into a parked car and scraping a guard rail. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. You can also increase the deductible to save money on collision insurance.

Comprehensive or Other Than Collision

Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage pays for claims like rock chips in glass, a broken windshield, vandalism and fire damage. The maximum payout your insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Coverage for liability

Liability insurance will cover damage that occurs to other people or property that is your fault. It protects you from legal claims by others, and does not provide coverage for damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 100/300/100 which means a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property.

Liability can pay for claims such as loss of income, funeral expenses, court costs and attorney fees. The amount of liability coverage you purchase is your choice, but you should buy as large an amount as possible.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses for nursing services, dental work, chiropractic care and surgery. They can be utilized in addition to your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage

The bottom line

We just presented many tips how you can lower your 2015 Jeep Cherokee insurance car insurance rates. The key thing to remember is the more rate quotes you have, the higher your chance of finding cheaper car insurance. You may even find the lowest car insurance rates come from the smaller companies. These companies may often insure only within specific states and give getter rates than their larger competitors like Allstate, Geico and Progressive.

When buying insurance coverage, you should never buy less coverage just to save a little money. There are too many instances where drivers have reduced full coverage only to regret at claim time that their decision to reduce coverage ended up costing them more. Your goal is to buy enough coverage at an affordable rate, but do not skimp to save money.

Even more information can be found by following these links:

• Bodily Injury Coverage (Liberty Mutual)
• Credit Impacts Car Insurance Rates (State Farm)
• Comprehensive Coverage (Liberty Mutual)
• Five Steps to Filing an Auto Insurance Claim (Insurance Information Insitute)
• Things to Know Before you Cancel Insurance (Allstate)
• Safety Tips for Teen Drivers (Insurance Information Insitute)