Save on 2014 Jeep Compass Insurance Cost

If you are a novice to online insurance coverage shopping, it’s easy to get baffled due to the large selection of insurers all claiming to save you money.

Consumers need to quote other rates at least once a year since prices fluctuate regularly. If you had the best price for Compass coverage two years ago you can probably find a better rate quote now. You can find a lot of information about insurance coverage out there, but we’re going to give you some guaranteed methods to lower your insurance coverage rates.

The fastest way that we advise to compare rate quotes is to know most of the bigger providers will pay a fee to quote your coverage. The one thing you need to do is take a few minutes to give details such as if you went to college, how many miles driven, the year, make and model of vehicles, and coverage limits. Your information gets sent immediately to multiple insurance providers and you get price estimates almost instantly.

Are you earning every discount?

Insurance coverage is neither fun to buy or cheap, but there may be some discounts that can drop the cost substantially. Many discounts should be triggered at quote time, but some must be asked about before being credited.

• Government Employee Discount – Employees or retirees of the government could provide a small rate reduction for Compass coverage with select insurance companies.
• Drivers Education – Cut your cost by having your teen driver take driver’s ed class as it can save substantially.
• Defensive Driving Course – Passing a class that teaches safe driver techniques could possibly earn you a 5% discount and make you a better driver.
• No Claims – Drivers who don’t have accidents get the best insurance coverage rates in comparison with drivers who are more careless.
• Switch and Save Discount – A few larger companies allow discounts for switching to them before your current policy expires. You can save around 10% with this discount.
• No Charge for an Accident – This one isn’t a discount, but companies like Liberty Mutual and Geico will forgive one accident before raising your premiums so long as you haven’t had any claims for a set time period.
• Military Deployment Discount – Being deployed in the military may qualify for rate reductions.
• Savings for New Vehicles – Buying insurance coverage on a new vehicle can get you a discount because newer vehicles have to meet stringent safety requirements.
• Discount for Low Mileage – Low mileage vehicles can earn cheaper rates.
• Theft Deterent System – Cars, trucks, and SUVs equipped with tracking devices and advanced anti-theft systems prevent vehicle theft and will qualify for a discount on a insurance quote.

Consumers should know that some credits don’t apply the the whole policy. Some only apply to the price of certain insurance coverages like liability, collision or medical payments. So despite the fact that it appears all the discounts add up to a free policy, you aren’t that lucky.

To see a list of companies that have a full spectrum of discounts, click here to view.

When in doubt talk to an agent

When it comes to choosing the best insurance coverage coverage for your vehicles, there really is not a one size fits all plan. Coverage needs to be tailored to your specific needs.

These are some specific questions could help you determine if you might need an agent’s assistance.

• Is pleasure use cheaper than using my 2014 Jeep Compass to commute?
• At what point should I drop full coverage?
• Do I need rental car coverage?
• Do I benefit by insuring my home with the same company?
• Is my 2014 Jeep Compass covered for smoke damage?
• When can my company non-renew my policy?
• What is UM/UIM insurance?

If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to an insurance agent. To find an agent in your area, simply complete this short form.

How do insurance companies determine Jeep Compass insurance rates?

Multiple criteria are part of the equation when you get a price on insurance. Most are fairly basic such as traffic violations, but some are more transparent such as your credit history or your commute time.

• City traffic equals higher prices – Residing in less populated areas can be a good thing when it comes to insurance coverage. Lower population translates into fewer accident claims and a lower car theft rate. Drivers in populated areas tend to have more traffic problems and longer commutes to work. Spending more time driving means more chances of being involved in an auto accident.
• Incidental coverages may be wasting money – Insurance companies have many extra coverages that may not really be needed on your 2014 Compass policy. Insurance for rental car coverage, better glass coverage, and membership fees may be wasting your money. They may seem good when buying your policy, but if they’re wasting money get rid of them and save.
• Tickets and citations cost more than a fine – Whether or not you get tickets impacts your car insurance rates tremendously. Careful drivers tend to pay less for car insurance as compared to those with violations. Even a single ticket could increase your next policy renewal to the point where it’s not affordable. Drivers who have dangerous tickets like DUI or reckless driving may be required to maintain a SR-22 with their state’s department of motor vehicles in order to keep their license.
• Pay more out-of-pocket – Comp and collision deductibles are the amount of money you are willing to pay if you file a covered claim. Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, is used to repair damage to your car. Some examples of covered claims are rearending another vehicle, hail damage, and damage from wind. The more of the claim you have to pay, the lower your rates will be for Compass coverage.
• How do annual miles impact costs? – Driving more miles in a year the higher your rate. The majority of insurers price each vehicle’s coverage partially by how you use the vehicle. Cars and trucks not used for work or commuting qualify for better rates as compared to vehicles used primarily for driving to work. An incorrectly rated Compass can result in significantly higher rates. Make sure your declarations sheet reflects the correct usage.
• Continuous insurance coverage coverage saves money – Driving without insurance is a misdemeanor and you may have a hard time finding new coverage because you let your coverage lapse. In addition to paying higher rates, not being able to provide proof of insurance could earn you a steep fine or even jail time.

Smaller companies may have the best rates

Popular insurance coverage providers such as Allstate and Progressive continually stream television, radio, and online ads. All the ads tend to make the same promise that drivers can save some big amount just by moving your policy. How does every company say the same thing? Just pay attention to how they say it.

Companies offer their best rates for the type of driver that will be a good risk. For example, a profitable customer might have to be between the ages of 30 and 50, owns a home, and drives a car with an anti-theft system. A driver who fits those characteristics gets the lowest premium rates and will most likely save a lot if they switch.

Insureds who fall short of these stringent criteria must pay a higher rate which usually ends up with the customer not purchasing. The ads state “people who switch” not “everyone that quotes” save money. This is how insurance companies can confidently make claims that they all have the best car insurance rates.

This really emphasizes why you really should compare free insurance quotes often. You cannot predict the company that will have the lowest rates for your situation.

Specifics of your car insurance policy

Understanding the coverages of a car insurance policy helps when choosing the right coverages and proper limits and deductibles. Policy terminology can be ambiguous and nobody wants to actually read their policy.

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage gives you protection when other motorists are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries and damage to your Jeep Compass.

Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage should not be overlooked. Most of the time the UM/UIM limits are set the same as your liablity limits.

Collision coverage – This pays to fix your vehicle from damage from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for things like hitting a mailbox, damaging your car on a curb, scraping a guard rail, colliding with another moving vehicle and driving through your garage door. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to bump up the deductible to get cheaper collision coverage.

Auto liability – This provides protection from damage or injury you incur to people or other property by causing an accident. This insurance protects YOU against other people’s claims. Liability doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have limits of 50/100/50 which stand for $50,000 bodily injury coverage, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property. Another option is one number which is a combined single limit which combines the three limits into one amount without having the split limit caps.

Liability coverage protects against things such as repair bills for other people’s vehicles, pain and suffering, medical services and attorney fees. How much liability coverage do you need? That is a decision to put some thought into, but you should buy as large an amount as possible.

Med pay and Personal Injury Protection (PIP) – Med pay and PIP coverage reimburse you for bills for things like nursing services, funeral costs, pain medications, dental work and rehabilitation expenses. They are often used in conjunction with a health insurance policy or if you lack health insurance entirely. Coverage applies to you and your occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Comprehensive insurance – Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims such as fire damage, falling objects and a tree branch falling on your vehicle. The most you can receive from a comprehensive claim is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

More comparisons equals lower rates

As you prepare to switch companies, it’s very important that you do not reduce coverage to reduce premium. There are too many instances where someone sacrificed full coverage and learned later that a couple dollars of savings turned into a financial nightmare. Your aim should be to purchase a proper amount of coverage at the best possible price, but do not skimp to save money.

More affordable car insurance can be found from both online companies as well as from insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. A few companies may not provide online price quotes and most of the time these small insurance companies prefer to sell through local independent agents.

In this article, we covered a lot of ways to get a better price on 2014 Jeep Compass insurance. The key thing to remember is the more quotes you get, the higher the chance of saving money. You may even find the lowest priced car insurance comes from some of the smallest insurance companies.

More information can be found on the following sites:

• Preventing Carjacking and Theft (Insurance Information Insitute)
• Uninsured Motorist Statistics (Insurance Information Insitute)
• State Car Insurance Guides (Geico)
• Prom Night Tips for Teen Drivers (State Farm)