How Much Does 2016 Jeep Compass Car Insurance Cost?

Want cheaper auto insurance rates for your Jeep Compass? I doubt anyone gets a kick out of paying for auto insurance, especially knowing the cost is too high. You have multiple insurance companies to insure vehicles with, and though it is a good thing to be able to choose, having more auto insurance companies makes it harder to locate the cheapest rates.

You need to do rate comparisons as often as possible because prices are variable and change quite frequently. Even if you got the best deal for Compass coverage last year other companies may now be cheaper. Ignore everything you know about auto insurance because you’re about to find out the fastest and easiest way to find great coverage at a great price.

Shopping for the cheapest insurance coverage is not that difficult. If you have insurance now or are shopping for new coverage, you can follow these tips to shop for the lowest rates and possibly find even better coverage. Drivers just need to understand the proper methods to shop their coverage around over the internet.

Jeep Compass insurance prices can be cheaper

One of the most helpful ways to save on car insurance is to to have a grasp of some of the elements that help calculate the level of your policy premiums. If you have some idea of what impacts premium levels, this helps enable you to make changes that may result in big savings. Lots of things are considered when you get your auto insurance bill. Some of the criteria are obvious such as your driving record, but other criteria are less obvious like your vehicle usage or how safe your car is.

  • Remove unneeded extra policy coverages – Insurance companies have many additional coverages that you can get tricked into buying on your car insurance policy. Coverage for things like rental car coverage, better glass coverage, and extra equipment coverage are examples of these. These coverages may sound good when talking to your agent, but your needs may have changed so eliminate them to save money.
  • Consolidate home and auto and save – Lots of companies provide discounts to buyers who consolidate policies with them such as combining an auto and homeowners policy. The discount can be ten or even fifteen percent. Even with this discount, consumers should still compare other insurance prices to ensure the best deal.
  • Rate your vehicle for proper use – The higher the miles on your Jeep annually the higher the price you pay to insure it. Most companies rate vehicles based upon how the vehicle is primarily used. Cars that are left in the garage can be on a lower rate level than those that get driven frequently. Verify your car insurance policy is showing the right rating data, because improper ratings can cost you money. An improperly rated Compass can result in significantly higher rates.
  • Traffic violations increase rates – Whether or not you get tickets has a big impact on rates. Drivers with clean records get better prices than bad drivers. Just one speeding ticket can bump up the cost to the point where it’s not affordable. Drivers with flagrant violations like DUI or reckless driving might be required by their state to submit a SR-22 form with their state motor vehicle department in order to legally drive a vehicle.
  • Premiums are high for teenagers – Older drivers are shown to be more cautious, tend to cause fewer accidents , and usually have better credit.Young drivers tend to be more careless when driving with friends so car insurance rates are higher.

Ways to get insurance coverage rate quotes

Performing a rate comparison can take time and effort if you don’t understand the most efficient way. You can waste hours driving to insurance companies in your area, or you could use the web to accomplish the same thing much quicker.

Most of the best insurance companies participate in a marketplace that enables customers to submit one quote, and each participating company can give them a price based on that data. This saves time by eliminating quotation requests for each company.

To fill out one form to compare multiple rates now click here to open in new window.

One minor caviat to getting quotes like this is that consumers can’t choose the insurers you want pricing from. So if you prefer to choose specific providers for rate comparison, we put together a list of the cheapest insurance coverage companies in your area. Click to view list.

Which method you use is up to you, but try to keep apples-to-apples coverage limits with each company. If the quotes have differing limits it will be nearly impossible to determine the lowest rate for your Jeep Compass.

Lower your insurance coverage rates with discounts

The cost of insuring your cars can be expensive, but you may qualify for discounts that can drop the cost substantially. Most are applied when you get a quote, but a few need to be inquired about before being credited. If you do not double check each discount you qualify for, you may be paying too high a price.

  • Savings for New Vehicles – Buying insurance coverage coverage on a new vehicle is cheaper compared to insuring an older model.
  • Safety Restraint Discount – Forcing all vehicle occupants to buckle their seat belts can save a little on medical payment and PIP coverage.
  • Paper-free Discount – Some companies will give a small break for buying a policy and signing up on the web.
  • Professional Memberships – Being in a professional or civic organization is a simple method to lower premiums when getting a insurance quote.
  • Anti-lock Brake Discount – Cars and trucks that have anti-lock braking systems can reduce accidents so companies give up to a 10% discount.
  • Theft Deterent – Cars, trucks, and SUVs equipped with tracking devices and advanced anti-theft systems are less likely to be stolen and therefore earn up to a 10% discount.
  • Accident Free – Good drivers with no accidents pay less as opposed to drivers who are more careless.
  • College Student – Older children living away from home attending college and leave their car at home may be insured at a cheaper rate.
  • Discounts for Government Workers – Employees or retirees of the government could provide a small rate reduction for Compass coverage but check with your company.
  • Discount for Passive Restraints – Vehicles equipped with air bags or motorized seat belts may qualify for discounts of more than 20%.

Drivers should understand that most credits do not apply to your bottom line cost. Some only apply to individual premiums such as medical payments or collision. So when the math indicates you could get a free insurance coverage policy, company stockholders wouldn’t be very happy.

Larger insurance coverage companies and some of the discounts are:

  • State Farm offers discounts for good driver, safe vehicle, driver’s education, Steer Clear safe driver discount, anti-theft, accident-free, and multiple autos.
  • Farmers Insurance policyholders can earn discounts including business and professional, teen driver, electronic funds transfer, bundle discounts, and youthful driver.
  • GEICO includes discounts for federal employee, seat belt use, defensive driver, anti-theft, military active duty, daytime running lights, and multi-policy.
  • American Family may have discounts that include good student, bundled insurance, air bags, good driver, and accident-free.
  • Nationwide has discounts for Farm Bureau membership, good student, multi-policy, business or organization, easy pay, anti-theft, and defensive driving.
  • Progressive has savings for online quote discount, continuous coverage, multi-policy, multi-vehicle, good student, homeowner, and online signing.

If you are trying to find low cost insurance quotes, ask all companies you are considering what discounts are available to you. A few discounts may not apply to policyholders in your state. To view insurance companies that offer discounts, click this link.

You are unique and your insurance should be too

When choosing the best insurance coverage for your personal vehicles, there really is no perfect coverage plan. Every insured’s situation is different and your policy should reflect that. For example, these questions could help you determine if your situation might need professional guidance.

  • What exactly is covered by my policy?
  • What can I do if my company won’t pay a claim?
  • Do I pay less if my vehicle is kept in my garage?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • What is the rate difference between pleasure use and commuting?
  • I have health insurance so do I need medical payments coverage?

If it’s difficult to answer those questions but you know they apply to you, you might consider talking to 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 It is quick, free and can help protect your family.

Parts of your insurance policy

Learning about specific coverages of your policy can help you determine appropriate coverage for your vehicles. The coverage terms in a policy can be confusing and coverage can change by endorsement. Below you’ll find typical coverages available from insurance companies.

Uninsured Motorist or Underinsured Motorist insurance – Your UM/UIM coverage gives you protection when other motorists are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family as well as damage to your Jeep Compass.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea. Most of the time these limits are identical to your policy’s liability coverage.

Liability coverage – This can cover injuries or damage you cause to other’s property or people that is your fault. This coverage protects you against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 100/300/100 that translate to $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property. Occasionally you may see a combined limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage pays for claims such as structural damage, court costs, repair costs for stationary objects, loss of income and bail bonds. How much coverage you buy is a decision to put some thought into, but buy as high a limit as you can afford.

Collision coverage – Collision insurance will pay to fix damage to your Compass from colliding with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims like sideswiping another vehicle, colliding with another moving vehicle and colliding with a tree. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to bump up the deductible to save money on collision insurance.

Insurance for medical payments – Med pay and PIP coverage pay for bills like hospital visits, chiropractic care and pain medications. They are used to fill the gap from your health insurance plan or if there is no health insurance coverage. Coverage applies to both the driver and occupants in addition to any family member struck as a pedestrian. PIP coverage is not universally available but can be used in place of medical payments coverage

Comprehensive coverage (or Other than Collision) – Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims like a tree branch falling on your vehicle, rock chips in glass and a broken windshield. The most a insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Money doesn’t grow on trees

Lower-priced car insurance can be sourced online in addition to local insurance agencies, so you should compare both to have the best rate selection. Some car insurance companies may not offer online rate quotes and usually these regional carriers provide coverage only through independent insurance agencies.

As you restructure your insurance plan, it’s not a good idea to buy less coverage just to save a little money. There have been many cases where an insured cut liability coverage limits only to regret at claim time that the savings was not a smart move. The goal is to get the best coverage possible at the best cost while still protecting your assets.

Even more information can be read in these articles: