2003 Jeep Wrangler Car Insurance Cost

If you are new to online price comparisons, most likely you are baffled by the diversity of auto insurance companies all claiming to have the lowest rates.

It’s a good habit to get comparison quotes quite often because auto insurance prices trend upward over time. If you had the best rates on Wrangler insurance two years ago you will most likely find a better rate quote today. Ignore everything you know about auto insurance because you’re going to get a crash course in one of the quickest ways to lower your annual insurance bill.

Lower your insurance costs

Multiple criteria are part of the equation when quoting car insurance. Some are obvious such as your driving record, but some are more obscure like your vehicle usage or your vehicle rating.An important part of buying insurance is that you know some of the elements that come into play when calculating your insurance coverage rates. If you have some idea of what impacts premium levels, this empowers consumers to make smart changes that could result in lower insurance coverage prices.

The itemized list below are some of the factors used by insurance companies to determine your prices.

  • Liability limits are a factor – Liability coverage provides coverage in the event that you are responsible for physical damage or personal injury to other. Your policy’s liability insurance provides legal defense which can cost thousands of dollars. Liability insurance is quite affordable compared to insuring for physical damage coverage, so drivers should buy more than the minimum limits required by law.
  • You may save more by consolidating policies – Most insurers apply discounts to insureds who have multiple policies with them. It’s known as a multi-policy discount. Even if you qualify for this discount already, drivers will still want to comparison shop to ensure the best deal.
  • Policy add-ons may be wasting money – There are quite a few extra coverages that can add up if you don’t pay attention. Add-on coverages like coverage for rental cars, accident forgiveness, and term life insurance are probably not needed. They may seem good initially, but if they’re wasting money consider taking them off your policy.
  • Pay lower rates after the wedding – Your spouse can get you a discount compared to being single. Having a spouse usually means you are more mature and responsible and it’s statistically proven that married couples file fewer claims.

Find discounts on car insurance

Car insurance can cost a lot, but you may qualify for discounts to help bring down the price. A few discounts will automatically apply at the time you complete a quote, but some must be asked for before being credited.

  • Policy Bundle Discount – When you combine your auto and home insurance and place coverage with the same company they may give you a discount of up to 20% off your total premium.
  • Include Life Insurance and Save – Select insurance companies reward you with a discounted price on car insurance if you buy a life insurance policy as well.
  • Anti-theft System – Cars equipped with tracking devices and advanced anti-theft systems prevent vehicle theft and will save you 10% or more.
  • Multiple Vehicles – Buying insurance for more than one vehicle on a single policy qualifies for this discount.
  • No Claims – Claim-free drivers can save substantially when compared to bad drivers.

As is typical with insurance, most of the big mark downs will not be given to all coverage premiums. The majority will only reduce the price of certain insurance coverages like liability, collision or medical payments. Just because it seems like you can get free auto insurance, you’re out of luck.

Companies and a partial list of their discounts are:

  • The Hartford may include discounts for anti-theft, defensive driver, air bag, driver training, and bundle.
  • American Family policyholders can earn discounts including early bird, good student, air bags, good driver, TimeAway discount, mySafetyValet, and bundled insurance.
  • Progressive may have discounts that include continuous coverage, multi-vehicle, online signing, online quote discount, homeowner, and multi-policy.
  • Travelers discounts include hybrid/electric vehicle, good student, early quote, IntelliDrive, and student away at school.
  • Farmers Insurance offers discounts for switch companies, multi-car, business and professional, mature driver, pay in full, electronic funds transfer, and youthful driver.
  • USAA offers discounts including military installation, vehicle storage, multi-vehicle, multi-policy, driver training, safe driver, and annual mileage.
  • Liberty Mutual has discounts for exclusive group savings, new move discount, hybrid vehicle, multi-policy, multi-car, newly married, and preferred payment discount.

When getting a coverage quote, ask each company which discounts can lower your rates. All car insurance discounts may not be available in your area.

Can you really save $484 a year?

Auto insurance providers like GEICO, State Farm and Progressive constantly bombard you with ads on television and other media. They all seem to make an identical promise about saving some big amount if you change to their company. That’s great but how can every company offer you a better deal? Here is how they do it.

All companies have a preferred profile for a prospective insured that will add to their bottom line. An example of a profitable insured should be a married male, has no tickets, and chooses high deductibles. A propective insured that matches those criteria will qualify for the lowest rates and will also save a lot if they switch.

People who do not match these stringent criteria will be charged higher prices and business not being written. The trick is to say “drivers who switch” not “all people who quote” save the amount stated. That’s the way companies can truthfully make the claims of big savings.

This really emphasizes why it’s extremely important to do a price quote comparison at every renewal. It’s just too difficult to predict with any certainty which company will be your best fit.

Tailor your car insurance coverage to you

When choosing coverage for your personal vehicles, there isn’t really a “perfect” insurance plan. Your needs are not the same as everyone else’s.

For example, these questions can help discover if you would benefit from an agent’s advice.

  • Do I have newly-aquired coverage?
  • When would I need rental car insurance?
  • How does medical payments coverage work?
  • Where can I get insurance after a DUI in my state?
  • How do I file an SR-22 for a DUI in my state?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • What companies insure drivers after a DUI or DWI?

If it’s difficult to answer those questions but you think they might apply to your situation then you might want to talk to an agent. If you don’t have a local agent, complete this form.

Coverages available on your insurance policy

Understanding the coverages of your insurance policy can be of help when determining appropriate coverage and proper limits and deductibles. Insurance terms can be difficult to understand and nobody wants to actually read their policy.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea. Usually your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Liability coverages

Liability coverage can cover damages or injuries you inflict on a person or their property that is your fault. It protects YOU from claims by other people. Liability doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and $50,000 of coverage for damaged propery. Another option is a combined limit which provides one coverage limit with no separate limits for injury or property damage.

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

Medical expense coverage

Coverage for medical payments and/or PIP reimburse you for expenses such as chiropractic care, EMT expenses, funeral costs and pain medications. They are often used to cover expenses not covered by your health insurance program 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 universally available but it provides additional coverages not offered by medical payments coverage

Comprehensive protection

This coverage covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims like a tree branch falling on your vehicle, hitting a deer and falling objects. The highest amount your insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Collision coverage protection

This covers damage to your Wrangler caused by collision with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims such as rolling your car, sustaining damage from a pot hole, colliding with a tree and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. It’s also possible to increase the deductible to bring the cost down.

And the best car insurance company is…

You just learned a lot of tips how to compare 2003 Jeep Wrangler insurance prices online. It’s most important to understand that the more quotes you get, the higher the chance of saving money. Consumers could even find that the most savings is with a lesser-known regional company.

Insureds leave their current company for a variety of reasons including high prices, lack of trust in their agent, denial of a claim and even delays in paying claims. Whatever your reason, finding a new company can be easier than you think.

Lower-priced insurance is available on the web and from local agencies, and you should be comparing both in order to have the best chance of saving money. Some insurance companies may not have the ability to get a quote online and most of the time these small, regional companies only sell coverage through independent agents.

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