Save on 1998 Jeep Cherokee Car Insurance Rates

Consumers have many options when looking for the lowest priced Jeep Cherokee insurance. You can either waste hours driving around trying to get quotes or utilize the internet to make rate comparisons. There is a better way to buy insurance so you’re going to learn the absolute fastest way to compare rates for a new or used Jeep and obtain the cheapest rates from local insurance agents and online providers.

You need to compare prices occasionally due to the fact that insurance rates are rarely the same from one policy term to another. Even if you think you had the lowest rates on Cherokee coverage six months ago the chances are good that you can find a lower rate today. You’ll find quite a bit of inaccurate information about insurance online but by reading this article, you’re going to learn some tested techniques to find cheap insurance.

How to Compare Insurance Coverage

Finding lower insurance coverage rates is actually quite simple. Drivers just need to invest a little time to get quotes provided by online insurance companies. This can be accomplished in several different ways.

  1. The recommended way to compare a lot of rates at once is to use a rate comparison form like this one (opens in new window). This form saves time by eliminating separate quote forms to each individual insurance coverage company. A single form gets you price quotes from multiple low-cost companies. Just one form and you’re done.
  2. A slightly less efficient method to get quotes online requires a visit to each company’s website to complete their respective quote request forms. For examples sake, let’s say you want rates from State Farm, Esurance and Liberty Mutual. To find out each rate you need to visit each site to input your insurance information, which is why most consumers use the first method.

    To view a list of companies in your area, click here.

It’s your choice how you get your quotes, but double check that you are using the exact same information for each price quote. If you compare mixed coverages you can’t possibly decipher which rate is best.

The auto insurance bait and switch

Consumers can’t get away from ads for car insurance savings from companies such as Progressive, Geico, Allstate and State Farm. All the ads have a common claim that you’ll save big after switching your policy.

How can each company claim to save you money? This is how they do it.

All the different companies are able to cherry pick for the right customer that is profitable for them. A good example of a profitable customer could be a mature driver, owns a home, and drives less than 7,500 miles a year. A customer that hits that “sweet spot” will get very good rates and as a result will probably save a lot of money.

Potential customers who fall outside these standards must pay higher prices and ends up with the customer not buying. Company advertisements say “customers that switch” but not “drivers who get quotes” save that much. This is how insurance companies can claim big savings. This illustrates why drivers should get as many quotes as possible. It is impossible to predict which insurance companies will give you the biggest savings on Jeep Cherokee insurance.

Discounts are great for lower rates

Companies don’t always advertise all available discounts very well, so the following is a list of both the well known and the more hidden discounts you could be receiving. If you don’t get every credit you qualify for, you are paying more than you should be.

  • Pay Now and Pay Less – If you pay your entire premium ahead of time instead of monthly or quarterly installments you can actually save on your bill.
  • Passive Restraint Discount – Vehicles with factory air bags and/or automatic seat belt systems can receive discounts of more than 20%.
  • Fewer Miles Equal More Savings – Keeping the miles down on your Jeep can qualify you for discounted rates on garaged vehicles.
  • Accident Free – Drivers with accident-free driving histories pay much less when compared with accident-prone drivers.
  • Paperwork-free – A handful of insurance companies may give you up to $50 for buying your policy over the internet.
  • Save over 55 – If you’re over the age of 55, you may receive better car insurance rates on Cherokee coverage.
  • Sign Early and Save – Select companies give a discount for switching to them prior to your current policy expiration. It can save you around 10%.
  • Memberships – Participating in certain professional organizations may earn a discount when shopping for car insurance on Cherokee coverage.

Consumers should know that many deductions do not apply to the entire cost. Some only apply to the price of certain insurance coverages like liability and collision coverage. So despite the fact that it appears it’s possible to get free car insurance, it doesn’t quite work that way.

A partial list of companies that possibly offer these benefits include:

Before buying, ask all companies you are considering what discounts are available to you. All car insurance discounts may not be available everywhere.

You may need specialized coverage

When it comes to buying the best insurance coverage coverage, there really is not a “best” method to buy coverage. Every situation is different.

For instance, these questions may help highlight if you might need professional guidance.

  • Is my Jeep Cherokee covered if I use it for business?
  • I have good health insurance, so how much medical payments coverage do I need?
  • Does insurance cover tools stolen from my truck?
  • What are the best liability limits?
  • Do I have newly-aquired coverage?
  • Should I buy additional glass protection?
  • Should I buy only the required minimum liability coverage?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?

If you don’t know the answers to these questions, you may need to chat with an agent. To find lower rates from a local agent, fill out this quick form. It is quick, free and may give you better protection.

Insurance coverage considerations

Having a good grasp of your policy helps when choosing the best coverages and proper limits and deductibles. The terms used in a policy can be ambiguous and reading a policy is terribly boring.

Liability coverage

This coverage can cover damage that occurs to a person or their property that is your fault. It protects you against other people’s claims. It does not cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see values of 25/50/25 that translate to $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery.

Liability can pay for things like pain and suffering, repair bills for other people’s vehicles, funeral expenses and medical services. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying as much as you can afford.

Comprehensive coverage

This coverage covers 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 insurance covers claims like rock chips in glass, vandalism, hail damage, a broken windshield and damage from flooding. The maximum amount your insurance company will pay is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Medical payments coverage and PIP

Med pay and PIP coverage provide coverage for short-term medical expenses for surgery, hospital visits and EMT expenses. The coverages can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Coverage applies to both the driver and occupants as well as if you are hit as a while walking down the street. PIP is not available in all states but can be used in place of medical payments coverage

Uninsured/Underinsured Motorist coverage

This provides protection when other motorists either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Since a lot of drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea.

Collision coverage protection

Collision coverage pays for damage to your Cherokee resulting from colliding with another car or object. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims such as crashing into a ditch, driving through your garage door and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. Another option is to raise the deductible to save money on collision insurance.

The best insurance company isn’t always the cheapest

The cheapest 1998 Jeep Cherokee insurance can be purchased from both online companies in addition to many insurance agents, so compare prices from both in order to have the best price selection to choose from. Some companies do not provide online quoting and these smaller companies work with independent agents.

As you restructure your insurance plan, it’s very important that you do not skimp on coverage in order to save money. There have been many cases where an insured dropped uninsured motorist or liability limits and found out when filing a claim they didn’t have enough coverage. The aim is to buy a smart amount of coverage at the best price, not the least amount of coverage.

We just covered a lot of ways to lower your insurance rates. The key concept to understand is the more companies you get rates for, the better chance you’ll have of finding lower rates. Consumers may even find the lowest premiums are with a small mutual company.

Much more information about insurance can be read at the links below