2003 Jeep Grand Cherokee Insurance Cost – 6 Policy Discounts

Looking for lower insurance coverage rates for your Jeep Grand Cherokee? Did you fall for a flashy sales pitch and buy high-priced insurance coverage? You’re in good company because you’re not the only one.

Having so many companies and agents to choose from, it is very difficult to pick the most affordable company.

It’s important to compare rates yearly because insurance prices are adjusted regularly by insurance companies. Even if you think you had the lowest price for Grand Cherokee coverage a year ago you can probably find a lower rate today. Forget anything you know (or think you know) about insurance coverage because you’re about to find out the fastest way to get good coverage at a lower rate.

Choosing the best insurance company for you is easy if you know what you’re doing. If you have car insurance now, you will most likely be able to save some money using these techniques. Nevertheless, drivers do need to learn how insurance companies market on the web.

Shop auto insurance online

There are several ways to compare auto insurance quotes, but there is one way that is less time-consuming than others. You could waste time talking about coverages with agents in your area, or you can utilize online quotes to get rate comparisons in just a few minutes.

Most major companies take part in a program that enables customers to only type in their quote data once, and at least one company returns a rated price for coverage. This saves time by eliminating repetitive form submissions to each company.

To participate in this free quote system, click here to open in new window.

The single downside to using this type of system is you are unable to specify which providers you want pricing from. If you prefer to choose specific insurance companies to compare, we have a page of companies who write auto insurance in your area. View list of insurance companies.

It’s up to you how you get prices quotes, just make sure you are using nearly identical coverages on every price quote you get. If you enter higher or lower deductibles it will be impossible to make a fair rate comparison. Even a minor difference in insurance coverages or limits may result in a large different in cost. And when comparing auto insurance rates, know that comparing more quotes will improve the odds of getting lower pricing.

Tailor your auto insurance coverage to you

When buying the right insurance coverage, there isn’t really a “perfect” insurance plan. Every insured’s situation is different and your policy should reflect that. For instance, these questions can help discover whether or not you may require specific advice.

  • Are all vehicle passengers covered by medical payments coverage?
  • Does my personal policy cover me when driving out-of-state?
  • Is business property covered if stolen from my car?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Is my trailer covered?
  • How many claims can I have before being cancelled?
  • Should I file a claim if it’s only slightly more than my deductible?

If it’s difficult to answer those questions, you may need to chat with a licensed agent. To find lower rates from a local agent, take a second and complete this form or you can also visit this page to select a carrier

Car insurance coverage information

Knowing the specifics of car insurance aids in choosing appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording. These are typical coverages offered by car insurance companies.

Comprehensive insurance – Comprehensive insurance 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 things such as damage from a tornado or hurricane, rock chips in glass, theft and hitting a bird. The most you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Collision – Collision insurance will pay to fix damage to your Grand Cherokee resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage pays for claims such as sustaining damage from a pot hole, hitting a mailbox, crashing into a ditch and driving through your garage door. This coverage can be expensive, so you might think about dropping it from lower value vehicles. You can also bump up the deductible to bring the cost down.

Liability insurance – Liability coverage will cover damage that occurs to a person or their property that is your fault. This insurance protects YOU against other people’s claims. Liability doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 100/300/100 that means you have a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery.

Liability coverage pays for things like court costs, funeral expenses, repair bills for other people’s vehicles and loss of income. How much liability should you purchase? That is a decision to put some thought into, but you should buy as high a limit as you can afford.

Med pay and Personal Injury Protection (PIP) – Medical payments and Personal Injury Protection insurance reimburse you for expenses like X-ray expenses, nursing services, prosthetic devices, doctor visits and funeral costs. The coverages can be utilized in addition to your health insurance plan or if you lack health insurance entirely. Coverage applies to all vehicle occupants and will also cover any family member struck as a pedestrian. PIP coverage is not an option in every state and may carry a deductible

Uninsured/Underinsured Motorist (UM/UIM) – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include hospital bills for your injuries and also any damage incurred to your 2003 Jeep Grand Cherokee.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.