Cheap 2018 Jeep Cherokee Insurance Cost

Want the cheapest insurance rates for your Jeep Cherokee? Cutting costs on insurance could be slightly frustrating for people who are new to quoting coverage prices online. You have so many choices that it can turn into a difficult challenge to lower your prices.

How much is insurance coverage?

When shopping for affordable auto insurance quotes, there are a couple of ways of comparing rate quotes from many different insurance companies. The easiest way by far to compare Jeep Cherokee insurance prices is to jump online and get quotes. This is very easy and can be done using a couple different methods.

  1. One of the simplest ways to get the best comparison quotes is a comparison rater form (click to open form in new window). This method saves time by eliminating separate forms for each price estimate. Just one form gets you price quotes from insurance coverage companies with the best prices. Just one form and you’re done.
  2. A more time consuming way to analyze rates requires a visit to the website of each company and fill out their own quote form. For instance, we’ll assume you are doing a rate comparison from GEICO, Liberty Mutual and Progressive. You would be required to spend time going to each site individually to input your insurance information, which can take a lot of time. To view a list of companies in your area, click here.
  3. The last way of getting rate comparisons is making phone calls or going to each insurance agency near you. Doing it all online has reduced the need for local agents unless you have a need for the professional assistance that you can only get from talking to an agent. If you prefer, some companies allow you to find lower rates online but still have the advice of a local agent.

The method you choose is up to you, but make absolute certain that you use the same coverage limits and deductibles with each company. If you enter different values for each quote you will not be able to determine the lowest rate for your Jeep Cherokee. Slightly different insurance coverages or limits could skew the results. It’s important to know that comparing more rates from different companies helps increase your odds of locating a better price. Some insurance companies are not set up to provide price estimates online, so it’s important to also get price estimates from them as well.

Use discounts to get cheaper insurance coverage quotes

Companies that sell car insurance do not list every discount they offer very well, so we break down some of the more common as well as some of the hidden ways to save on insurance coverage. If you check and find you aren’t receiving every discount possible, you could be saving more on your insurance coverage.

  • Good Grades Discount – Maintaining excellent grades can save 20 to 25%. This discount can apply until age 25.
  • Discounts for Federal Employees – Having worked for a branch of the government may reduce rates when you quote auto insurance for Cherokee coverage but check with your company.
  • Defensive Driver Discount – Completing a safe driver class could save 5% or more and easily recoup the cost of the course.
  • Senior Citizens – If you qualify as a senior citizen, you are able to get better insurance coverage rates for Cherokee coverage.
  • Theft Deterent System – Anti-theft and alarm system equipped vehicles help deter theft and can earn a small discount on your policy.
  • Auto/Home Discount – If you insure your home and vehicles and insure them with the same company you may save approximately 10% to 15%.

It’s important to note that most discount credits are not given to your bottom line cost. A few only apply to the price of certain insurance coverages like comp or med pay. Despite the fact that it seems like all the discounts add up to a free policy, it doesn’t quite work that way.

A few of the larger companies and some of their more popular discounts include:

  • Farmers Insurance has savings for pay in full, homeowner, distant student, multi-car, and mature driver.
  • State Farm offers discounts including defensive driving training, Drive Safe & Save, multiple autos, safe vehicle, multiple policy, good student, and driver’s education.
  • Liberty Mutual has discounts for multi-policy, good student, newly retired, teen driver discount, new move discount, newly married, and preferred payment discount.
  • MetLife offers discounts for accident-free, claim-free, multi-policy, good student, defensive driver, good driver
  • Progressive includes discounts for multi-vehicle, good student, continuous coverage, homeowner, multi-policy, online signing, and online quote discount.

Before buying, ask each company or agent which discounts you may be entitled to. Savings might not be offered on policies in every state. If you would like to choose from a list of providers that have a full spectrum of discounts, follow this link.

Tailor your car insurance coverage to you

When buying the right insurance coverage, there is no best way to insure your cars. Coverage needs to be tailored to your specific needs.

For instance, these questions may help highlight whether your personal situation could use an agent’s help.

  • How can I get my company to pay me more for my totalled car?
  • Do I need higher collision deductibles?
  • Does coverage extend to Mexico or Canada?
  • Can I get a multi-policy discount?
  • When should I not file a claim?
  • Does car insurance cover theft of personal property?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Who is covered by my policy?

If it’s difficult to answer those questions but you think they might apply to your situation, you might consider talking to an insurance agent. If you don’t have a local agent, fill out this quick form.

How insurers calculate Jeep Cherokee insurance rates

Many things are part of the calculation when you quote your car insurance policy. Some factors are common sense like a motor vehicle report, although others are less obvious such as whether you are married or how safe your car is.

  • Infrequent drivers can save – The higher the mileage driven in a year’s time the higher your rates will be. The majority of insurers charge rates partially by how you use the vehicle. Cars not used for work or commuting can get a lower rate than those that get driven frequently. It’s a smart idea to ensure your declarations sheet shows the correct driver usage. Having the wrong rating on your Cherokee is throwing money out the window.
  • Don’t skimp on liability protection – Liability insurance kicks in if ever you are responsible for damages from an accident. Your policy’s liability insurance provides legal defense coverage which can cost thousands of dollars. Carrying liability coverage is mandatory and cheap compared to other policy coverages, so drivers should carry high limits.
  • Men tend to take more risk – Statistics demonstrate that men are more aggressive behind the wheel. It does not mean women are better drivers. Females and males cause accidents in similar numbers, but males tend to have higher claims. Men also tend to have more aggressive citations such as driving while intoxicated (DWI) or driving recklessly. Young men ages 16 to 20 are the most expensive to insure so they pay the highest premiums.
  • Do you know your deductibles? – Protection for physical damage, otherwise known as comp (or other than collision) and collision, covers damage that occurs to your Jeep. Examples of some claims that would be covered could be running into the backend of another car, hitting a deer, or theft. Your deductibles state the amount of money you are required to spend out-of-pocket if you file a covered claim. The larger the amount the insured is willing to pay, the lower your rates will be for Cherokee coverage.
  • Insurance rates in urban areas – Living in small towns and rural areas is a good thing when shopping for auto insurance. Fewer people translates into fewer accidents and lower theft and vandalism rates. Urban drivers regularly have traffic congestion and much longer commute distances. Higher commute times can result in more accidents.
  • Auto insurance lapses lead to higher premiums – Not having insurance is illegal and you will pay a penalty because you let your coverage cancel without a new policy in place. Not only will rates go up, being ticketed for driving with no insurance could result in a hefty fine and possibly a revoked license.

Coverage specifics

Understanding the coverages of your policy aids in choosing the right coverages and the correct deductibles and limits. Policy terminology can be difficult to understand and nobody wants to actually read their policy.

Uninsured or underinsured coverage – This gives you protection from other drivers when they do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants and damage to your Jeep Cherokee.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is very important. Usually these coverages do not exceed the liability coverage limits.

Auto liability insurance – Liability coverage protects you from damages or injuries you inflict on other people or property by causing an accident. This insurance protects YOU against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery. Another option is one limit called combined single limit (CSL) that pays claims from the same limit rather than limiting it on a per person basis.

Liability insurance covers things such as bail bonds, legal defense fees, court costs, repair bills for other people’s vehicles and repair costs for stationary objects. How much liability coverage do you need? That is a decision to put some thought into, but buy as large an amount as possible.

Medical expense coverage – Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses like prosthetic devices, hospital visits, nursing services, surgery and ambulance fees. The coverages can be used in conjunction with a health insurance plan or if you do not have health coverage. Coverage applies to all vehicle occupants and also covers being hit by a car walking across the street. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Collision coverages – Collision coverage covers damage to your Cherokee resulting from colliding with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like colliding with a tree, crashing into a ditch and colliding with another moving vehicle. This coverage can be expensive, so consider removing coverage from vehicles that are older. Drivers also have the option to increase the deductible in order to get cheaper collision rates.

Comprehensive protection – Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for things like hitting a bird, damage from a tornado or hurricane, theft and damage from flooding. The maximum payout a car insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Make an honest buck

You just read a lot of techniques to lower your 2018 Jeep Cherokee insurance premium rates. The key thing to remember is the more rate quotes you have, the higher the chance of saving money. Drivers may discover the lowest premium rates are with an unexpected company.

As you restructure your insurance plan, it’s a bad idea to skimp on critical coverages to save a buck or two. There have been many cases where an accident victim reduced full coverage only to regret that the small savings ended up costing them much more. Your focus should be to buy enough coverage at an affordable rate and still be able to protect your assets.

More affordable insurance can be purchased on the web and from local insurance agents, and you should be comparing both to have the best chance of lowering rates. A few companies don’t offer price quotes online and usually these smaller companies only sell coverage through independent insurance agencies.

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Comments About 2018 Jeep Cherokee Insurance

  1. Artie Wiggins

    Here’s my info. From a town just southwest of Worcester, MA. Received quotes from State Farm, Liberty Mutual, and Encompass for my Cherokee and saved just over $390 a year. Left Western Auto Insurance to switch. Hardly afford to drive anymore.

  2. Rachelle Sandoval

    Lots of useful info here. Got a quote with Auto-Owners for my 2018 Jeep Cherokee and saved around $220 a year. I get lower rates because of my clean driving record.

  3. Chia Castillo

    Will Allstate raise rates after an accident?

  4. Harvey Hubbard

    Cheap is relative. Got a quote with USAA for my Cherokee and saved around $570 a year.

  5. Shawanna Valdez

    Quoted with The General for my Cherokee and saved about $170 a year. Was with Sentry.

  6. Rheba Roberson

    I was with Hanover last year but switched to Allstate. I’m in Montgomery, AL. Thankfully I have a good driving record.