Lower Your 2014 Jeep Compass Car Insurance Rates

Paying cheaper rates for auto insurance might be quite difficult for beginners to online comparison shopping. Drivers have so many companies to choose from that it can easily be hard work to find the best price.

It’s a good habit to price shop coverage once or twice a year since prices are constantly changing. If you had the best price for Compass insurance a few years ago you can probably find a lower rate today. Forget all the misinformation about auto insurance because we’re going to show you the quickest way to remove unneeded coverages and save money.

Buying car insurance is not that difficult. Just about everyone who is required by state law to have auto insurance most likely will be able to save money. Although consumers need to learn the way companies market on the web and apply this information to your search.

Jeep Compass insurance premiums can be cheaper

Many different elements are part of the equation when you quote your car insurance policy. Some of the criteria are obvious such as traffic violations, although others are not as apparent like your continuous coverage and annual miles driven.

The following are some of the items used by companies to determine prices.

  • Save by driving less – The higher the miles on your Jeep each year the higher your rate. Most insurance companies rate vehicles based on their usage. Cars left parked in the garage qualify for better rates than cars that get driven a lot. Having the wrong rating on your Compass may be costing you. Double check that your vehicle rating properly reflects the proper vehicle usage.
  • Male prices may be higher – Over the last 50 years, statistics have shown that men are more aggressive behind the wheel. Now that doesn’t mean females are better drivers. Both genders get in at-fault accidents in similar numbers, but males have costlier accidents. Men also tend to get more serious tickets such as driving while intoxicated (DWI) or driving recklessly. Male drivers age 16 to 19 have the highest risk to insure and are penalized with high insurance rates.
  • Careless drivers pay higher costs – Being a careful driver impacts your car insurance rates tremendously. Careful drivers pay lower auto insurance prices compared to drivers with tickets. Having a single speeding ticket could increase your next policy renewal twenty percent or more. Drivers with severe violations like hit and run, DWI or reckless driving convictions may find that they have to to prove financial responsibility with their state’s department of motor vehicles in order to continue driving.
  • Get better rates if married – Having a wife or husband actually saves money on your insurance policy. Having a spouse generally demonstrates drivers are more stable financially it has been statistically shown that married couples file fewer claims.

Insurance coverage quotes and discounts

Companies offering auto insurance don’t always publicize all available discounts very well, so the list below gives a summary of a few of the more common and the harder-to-find discounts that you can inquire about if you buy car insurance online.

  • No Charge for an Accident – Not necessarily a discount, but companies like Allstate, State Farm and GEICO will turn a blind eye to one accident without raising rates if you have no claims prior to the accident.
  • Claim Free – Drivers with accident-free driving histories can earn big discounts in comparison with policyholders that have many claims.
  • Drive Safe and Save – Drivers who avoid accidents can save as much as half off their rates for Compass insurance than drivers with accidents.
  • College Student – Youth drivers who are attending college and leave their car at home could get you a discount.
  • Multi-line Discount – Larger insurance carriers have a break if you buy some life insurance in addition to your auto policy.
  • Savings for New Vehicles – Adding a new car to your policy can get you a discount compared to insuring an older model.

Policy discounts save money, but most discount credits are not given to the entire policy premium. Most only reduce the price of certain insurance coverages like collision or personal injury protection. So despite the fact that it appears adding up those discounts means a free policy, insurance coverage companies aren’t that generous.

If you would like to see a list of insurance companies with discount rates, follow this link.

Auto insurance advertising gotchas

Auto insurance providers like State Farm, GEICO and Progressive continually stream ads in print and on television. They all advertise claims about saving some big amount just by moving to them. That’s great but how can every company give you a lower rate? It’s all in how they say it.

Insurance companies have specific characteristics for the type of customer that will add to their bottom line. A good example of a profitable customer should be married and over the age of 30, owns a home, and drives newer vehicles. Anybody who fits those characteristics receive the lowest rate quotes and most likely will save some money.

Consumers who don’t qualify for these criteria must pay higher premiums and ends up with the customer buying from a different company. The ad wording is “customers that switch” but not “everyone who gets a quote” can get the lowest rates when switching. That is how companies can truthfully make claims like that. This illustrates why drivers should get car insurance quotes from several different companies. Because you cannot predict which auto insurance company will have the best car insurance rates.

Situations that may require an agent’s advice

When buying coverage for your personal vehicles, there isn’t really a single plan that fits everyone. Coverage needs to be tailored to your specific needs.

For example, these questions can aid in determining if you may require specific advice.

  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Am I covered when driving someone else’s vehicle?
  • Why am I required to get a high-risk car insurance policy?
  • What if I owe more than I can insure my car for?
  • Is there coverage for injuries to my pets?
  • Do I need PIP coverage since I have good health insurance?
  • Can I make deliveries for my home business?
  • Are my tools covered if they get stolen from my vehicle?
  • Am I covered when driving on a suspended license?

If you can’t answer these questions but one or more may apply to you, you might consider talking to an insurance agent. If you want to speak to an agent in your area, simply complete this short form.

Specifics of your auto insurance policy

Having a good grasp of a auto insurance policy aids in choosing which coverages you need for your vehicles. The terms used in a policy can be confusing and even agents have difficulty translating policy wording.

Comprehensive coverage

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims like hitting a bird, theft, a tree branch falling on your vehicle, hail damage and fire damage. The highest amount you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Liability coverages

Liability insurance provides protection from damage that occurs to people or other property by causing an accident. This insurance protects YOU from legal claims by others, and doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 50/100/50 which stand for a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property.

Liability can pay for claims such as funeral expenses, repair bills for other people’s vehicles, bail bonds and medical services. How much liability should you purchase? That is your choice, but buy as large an amount as possible.

Uninsured/Underinsured Motorist coverage

This protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your Jeep Compass.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Medical payments coverage and PIP

Med pay and PIP coverage provide coverage for short-term medical expenses for things like funeral costs, EMT expenses and ambulance fees. They are often utilized in addition to your health insurance policy or if you do not have health coverage. They cover all vehicle occupants in addition to if you are hit as a while walking down the street. PIP is not available in all states and may carry a deductible

Collision coverage

Collision insurance will pay to fix damage to your Compass resulting from colliding 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 backing into a parked car, hitting a parking meter, rolling your car, colliding with a tree and crashing into a building. This coverage can be expensive, so you might think about dropping it from vehicles that are older. Another option is to bump up the deductible to save money on collision insurance.

Get your money’s worth

We just covered quite a bit of information on how to get a better price on 2014 Jeep Compass insurance. The key thing to remember is the more companies you get rates for, the higher your chance of finding cheaper car insurance. You may be surprised to find that the best prices are with some of the smallest insurance companies.

When trying to cut insurance costs, it’s not a good idea to buy poor coverage just to save money. Too many times, consumers will sacrifice comprehensive coverage or liability limits only to regret that the few dollars in savings costed them thousands. Your strategy should be to buy the best coverage you can find at the lowest possible cost, but do not skimp to save money.

Consumers switch companies for a number of reasons such as delays in paying claims, policy cancellation, high prices and even questionable increases in premium. It doesn’t matter why you want to switch finding a great new company is not as difficult as it may seem.

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