Do you think you bought an underperforming, overpriced insurance coverage policy? It’s a common feeling and there are many consumers feeling the pinch from expensive insurance coverage.
Lots of insurance companies contend for your insurance dollar, and it can be difficult to compare rates to find the absolute lowest price
Insuring your vehicles can cost a lot, but discounts can save money and there are some available to help bring down the price. Larger premium reductions will be automatically applied at the time you complete a quote, but once in a while a discount must be asked about prior to getting the savings.
Remember that some credits don’t apply to the overall cost of the policy. Most only reduce the cost of specific coverages such as comprehensive or collision. So when it seems like adding up those discounts means a free policy, you aren’t that lucky.
A few companies that may offer most of the discounts above possibly include:
When comparing rates, check with all companies you are considering which discounts you qualify for. Discounts may not apply to policies in your area. To choose providers with the best car insurance discounts, click this link.
The quickest way to compare insurance rates from multiple companies is to take advantage of the fact most insurance companies provide online access to compare their rates. The only thing you need to do is provide details including the ages of drivers, your general credit rating, if you have a valid license, and how much education you have. Your insurance information is instantly submitted to insurance companies and you get price estimates almost instantly.
When choosing coverage, there isn’t really a “perfect” insurance plan. Your needs are not the same as everyone else’s so your insurance should reflect that For instance, these questions can help discover if your situation could use an agent’s help.
If you’re not sure about those questions then you might want to talk to an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of auto insurance companies in your area.
Learning about specific coverages of your policy aids in choosing appropriate coverage at the best deductibles and correct limits. Auto insurance terms can be difficult to understand and nobody wants to actually read their policy. Shown next are typical coverages available from auto insurance companies.
Liability coverage protects you from injuries or damage you cause to a person or their property. Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 100/300/100 that means you have a limit of $100,000 per injured person, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property. Some companies may use one limit called combined single limit (CSL) which provides one coverage limit without having the split limit caps.
Liability can pay for claims such as court costs, repair bills for other people’s vehicles and legal defense fees. How much liability should you purchase? That is a decision to put some thought into, but you should buy higher limits if possible.
This coverage pays to fix your vehicle from damage caused by collision with another car or object. You have to pay a deductible then your collision coverage will kick in.
Collision coverage pays for things such as backing into a parked car, scraping a guard rail, rolling your car, hitting a parking meter and colliding with another moving vehicle. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.
Comprehensive insurance coverage pays for damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive coverage pays for claims such as falling objects, damage from flooding, damage from getting keyed and vandalism. The most a auto insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.
Coverage for medical payments and/or PIP reimburse you for immediate expenses for things like doctor visits, chiropractic care, surgery, dental work and X-ray expenses. They are utilized in addition to your health insurance policy or if you are not covered by health insurance. It covers you and your occupants as well as any family member struck as a pedestrian. PIP is not universally available but can be used in place of medical payments coverage
Uninsured or Underinsured Motorist coverage gives you protection when other motorists are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants and also any damage incurred to your Jeep Grand Cherokee SRT.
Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family. Most of the time these coverages are set the same as your liablity limits.
In this article, we covered a lot of techniques to lower your 2016 Jeep Grand Cherokee SRT insurance prices. The key thing to remember is the more times you quote, the better your comparison will be. You may even discover the most savings is with a lesser-known regional company. These smaller insurers often have lower rates on specific markets as compared to the big name companies such as Progressive or Geico.
As you prepare to switch companies, make sure you don’t sacrifice coverage to reduce premiums. There are too many instances where an insured dropped liability limits or collision coverage only to regret that a couple dollars of savings turned into a financial nightmare. The ultimate goal is to get the best coverage possible at the best price and still be able to protect your assets.
For more information, feel free to browse these articles:
Does State Farm have good customer service?
I compared a lot of rate quotes for a 2016 Jeep Grand Cherokee SRT in Evansville, Indiana. Ended up at roughly $350 every six months with Auto-Owners.
Great info, thanks for posting. From northwest of Philadelphia, PA. Got car insurance rates from Amica, Sentry, and Western Auto Insurance for my Jeep and saved $121 a year.
If you’re from New Haven, CT get quotes from Allstate and GEICO and you might save.
I’ve insured with Progressive for a long time. Pretty cheap in Knoxville, TN.