2016 Jeep Grand Cherokee SRT Car Insurance Rates – 6 Tips to Save

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

Take advantage of every car insurance discount

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.

• Multi-Vehicle Discounts – Buying a policy with primary and secondary vehicles on one policy may reduce the rate for each vehicle.
• Pay Upfront and Save – If you pay your entire premium ahead of time rather than paying monthly you can avoid monthly service charges.
• Driver’s Education for Students – Reduce the cost of insurance for teen drivers by having them enroll in driver’s education as it can save substantially.
• Driver Safety – Passing a course teaching driver safety skills could earn you a small percentage discount and easily recoup the cost of the course.
• Use Seat Belts – Drivers who require all occupants to fasten their seat belts may be able to save a few bucks off the personal injury premium cost.
• ABS Braking Discount – Cars, trucks, and SUVs with ABS braking systems or traction control can stop better under adverse conditions so you can save 10 percent or more.

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:

• 21st Century
• State Farm
• AAA
• Liberty Mutual
• Progressive

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.

How to know if you need help

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.

• Does my insurance cover a custom paint job?
• How can I find cheaper teen driver insurance?
• Will I lose any money if I cancel my policy before it expires?
• Am I covered by my spouse’s policy after a separation?
• Do I need PIP coverage since I have good health insurance?
• Does my personal policy cover me when driving out-of-state?
• Are rock chip repairs covered?

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.

Auto insurance coverage breakdown

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

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.

Coverage for collisions

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 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.

Medical payments coverage and PIP

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/Underinsured Motorist 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.

Money doesn’t grow on trees

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:

• All About Airbag Safety (State Farm)
• How Much is Auto Insurance for a Jeep Grand Cherokee in Chula Vista? (ChulaVistaCoverage.com)
• What Does No-Fault Insurance Cover? (Allstate)
• Tools for Teen Driving Safety (State Farm)
• Should I Purchase an Umbrella Liability Policy? (Insurance Information Insitute)
• Rollover Crash FAQ (iihs.org)