2018 Jeep Compass Insurance Quotes – 5 Savings Tips

Want lower insurance coverage rates for your Jeep Compass? Did a good deal turn out to be overpriced insurance coverage? Trust us, many consumers are feeling buyer’s remorse and feel like there’s no way out. There are many insurance companies to choose from, and although it’s nice to have multiple companies, it makes it harder to find the best rates.

You should make it a habit to check insurance coverage prices yearly because insurance rates tend to go up over time. Even if you got the best rate for Compass insurance on your last policy there is a good chance you can find better prices now. Forget anything you know (or think you know) about insurance coverage because you’re about to learn the best methods to reduce your cost while increasing coverage.

This article will help you learn how to effectively get price quotes and some tips to save money. If you currently have a car insurance policy, you should be able to save some money using these techniques. Drivers only need an understanding of the most effective way to shop their coverage around online.

How to buy insurance coverage online

Many insurance companies such as Progressive, GEICO, Allstate and State Farm make it easy to get insurance quotes online. Comparing prices online doesn’t take a lot of time as you simply enter your required coverages into the quote form. After the form is submitted, their system sends out for information on your driving record and credit history and gives you a price quote based on the data you entered. This makes comparing rates easy, but the work required to visit multiple sites and type in the same data can be a bit tiresome and repetitive. But it is imperative to do this if you want to get the best price on insurance coverage.

A less time-consuming method to compare insurance coverage pricing requires only one form that gets prices from several different companies. It’s a real time-saver, requires much less work on your part, and makes online price comparison much easier. After sending your information, it is quoted and you are able to buy any of the returned quotes.

If the quotes result in lower rates, you can simply submit the application and purchase the new policy. This process takes less than 15 minutes and can result in significant savings.

To use this form to compare rates, click here to open in a new tab and submit your coverage information. If you have coverage now, it’s recommended you replicate the insurance coverages as close as possible to your current policy. This way, you will have a price comparison using the same coverage and limits.

Get affordable rates by taking advantage of these five discounts

Some insurers don’t always advertise every discount very well, so we took the time to find some of the more common and also the lesser-known credits available to bring down your rates. If they aren’t giving you every credit possible, you are throwing money away.

  • Discount for Low Mileage – Fewer annual miles on your Jeep could earn lower rates due to less chance of an accident.
  • Air Bags and Passive Restraints – Factory air bags and/or automatic seat belt systems may qualify for discounts of up to 25% or more.
  • ABS Braking Discount – Cars, trucks, and SUVs that have anti-lock braking systems prevent accidents and will save you 10% or more.
  • Senior Citizen Rates – If you qualify as a senior citizen, you could receive a slight reduction on a insurance coverage quote for Compass insurance.
  • Homeowners Discount – Owning a home may trigger a policy discount on auto insurance since owning and maintaining a home is proof of financial responsibility.

One thing to note about discounts is that most discount credits are not given to the entire policy premium. A few only apply to the cost of specific coverages such as comp or med pay. Even though the math looks like you would end up receiving a 100% discount, it doesn’t quite work that way. But any discount should help reduce the cost of your policy.

Auto insurance companies that may have these discounts include:

If you need affordable insurance coverage quotes, ask every insurance company which discounts you may be entitled to. Some discounts might not be offered in every state. If you would like to choose from a list of insurance companies with discount auto insurance rates, click here to view.

How much auto insurance do I need?

When buying the right insurance coverage, there is no one size fits all plan. Coverage needs to be tailored to your specific needs so your insurance needs to address that. Here are some questions about coverages that might point out whether your personal situation would benefit from an agent’s advice.

  • What can I do if my company won’t pay a claim?
  • Do I pay less if my vehicle is kept in my garage?
  • Do I need more liability coverage?
  • Do I need motorclub coverage?
  • Exactly who is provided coverage by my policy?
  • Does my 2018 Jeep Compass need full coverage?
  • I have a DUI can I still get coverage?
  • Do I need medical payments coverage since I have good health insurance?

If you don’t know the answers to these questions but one or more may apply to you then you might want to talk to an insurance agent. If you don’t have a local agent, take a second and complete this form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and can provide invaluable advice.

Educate yourself about insurance coverages

Having a good grasp of your insurance policy aids in choosing appropriate coverage for your vehicles. The coverage terms in a policy can be difficult to understand and reading a policy is terribly boring. Below you’ll find the normal coverages offered by insurance companies.

Comprehensive auto coverage

Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as damage from getting keyed, theft, rock chips in glass and damage from flooding. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Collision protection

Collision insurance covers damage to your Compass resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage protects against things like crashing into a building, hitting a parking meter and crashing into a ditch. This coverage can be expensive, so consider removing coverage from vehicles that are older. You can also bump up the deductible to get cheaper collision coverage.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance pay for immediate expenses like X-ray expenses, funeral costs, rehabilitation expenses, surgery and prosthetic devices. The coverages can be used in conjunction with a health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Auto liability insurance

This can cover damages or injuries you inflict on other’s property or people by causing an accident. It protects YOU against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see liability limits of 100/300/100 that translate to $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery. Occasionally you may see one limit called combined single limit (CSL) which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage protects against claims like pain and suffering, funeral expenses and court costs. How much coverage you buy is up to you, but buy as high a limit as you can afford.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage gives you protection when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants and damage to your Jeep Compass.

Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea. Most of the time the UM/UIM limits are identical to your policy’s liability coverage.

Be a smart shopper

Budget-conscious 2018 Jeep Compass insurance can be purchased on the web as well as from insurance agents, so you need to shop insurance coverage with both in order to have the best chance of saving money. A few companies may not offer rate quotes online and usually these smaller companies only sell coverage through independent agents.

Throughout this article, we presented some good ideas how to shop for 2018 Jeep Compass insurance online. The most important thing to understand is the more times you quote, the higher the chance of saving money. You may be surprised to find that the lowest prices are with a smaller regional carrier. These companies often have lower rates on specific markets compared to the large companies like Progressive and GEICO.

While you’re price shopping online, do not skimp on coverage in order to save money. There have been many situations where an accident victim reduced full coverage only to discover later that saving that couple of dollars actually costed them tens of thousands. The ultimate goal is to get the best coverage possible at the lowest possible cost but still have enough coverage for asset protection.

Helpful learning opportunities

Comments About 2018 Jeep Compass Insurance

  1. Yoko Cannon

    Located in New York City, NY. Checked online prices for a 2018 Jeep Compass. Ended up at about $300 savings annually. Went with 21st Century.

  2. Floria Petty

    I chose to switch to Progressive from AAA. I live in Billings, MT. I get lower rates because of my clean driving record.