2016 Jeep Renegade Car Insurance Cost – 5 Ways to Save

Getting cheap insurance online may seem to be impossible for consumers new to quoting and buying insurance on the web. With so many options of companies competing online, how are we expected to have a chance to compare the different rates to find the best available rates?

Shopping for the cheapest coverage is simple if you know the tricks. Basically, everyone who is shopping for auto insurance most likely will be able to save money. Although consumers can benefit by having an understanding of how companies market insurance on the web and take advantage of how the system works.

Drivers can save with with these five discounts

Auto insurance can be pricey, but there could be available discounts that you may not know about. Some of these disounts will be visible when you complete an application, but some need to be inquired about before you get the savings.

  • Defensive Driver – Successfully completing a class that teaches safe driver techniques could cut 5% off your bill depending on where you live.
  • Discount for New Cars – Putting auto insurance coverage on a new car can get you a discount because newer models keep occupants safer.
  • No Charge for an Accident – but a few companies such as Progressive, State Farm and GEICO may permit one accident before hitting you with a surcharge if your claims history is clear for a certain period of time.
  • Drivers Education – Cut your cost by having your teen driver successfully complete driver’s ed class in school or through a local driver safety program.
  • Professional Memberships – Joining qualifying clubs or civic groups could trigger savings on your next auto insurance statement.

Don’t be surprised that most of the big mark downs will not be given to the overall cost of the policy. Some only reduce individual premiums such as liability and collision coverage. Even though it appears having all the discounts means you get insurance for free, it doesn’t quite work that way.

For a list of providers with the best discounts, follow this link.

Your situation helps dictate your coverage

When choosing the best insurance coverage coverage, there really is no single plan that fits everyone. Each situation is unique.

Here are some questions about coverages that might help in determining whether you might need an agent’s assistance.

  • Exactly who is provided coverage by my policy?
  • Is upholstery damage covered by car insurance?
  • What are the best liability limits?
  • Should I have a commercial auto policy?
  • Do I need replacement cost coverage?
  • When would I need additional glass coverage?

If it’s difficult to answer those questions then you might want to talk to a licensed agent. To find an agent in your area, simply complete this short form.

Car insurance 101

Learning about specific coverages of your policy can be of help when determining the best coverages at the best deductibles and correct limits. Policy terminology can be confusing and nobody wants to actually read their policy.

Liability coverages – Liability insurance will cover damage that occurs to a person or their property in an accident. It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show values of 25/50/25 that means you have a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000. Some companies may use one limit called combined single limit (CSL) that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage protects against things such as loss of income, pain and suffering, emergency aid, repair costs for stationary objects and medical expenses. The amount of liability coverage you purchase is a personal decision, but consider buying as much as you can afford.

Collision coverage – This covers damage to your Renegade from colliding with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things like colliding with another moving vehicle, driving through your garage door and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, 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 bring the cost down.

Uninsured/Underinsured Motorist (UM/UIM) – This coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your 2016 Jeep Renegade.

Because many people only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea. Frequently these coverages are similar to your liability insurance amounts.

Comprehensive insurance – Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things like hail damage, a tree branch falling on your vehicle, damage from a tornado or hurricane, damage from flooding and falling objects. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Med pay and Personal Injury Protection (PIP) – Med pay and PIP coverage kick in for bills like dental work, hospital visits and pain medications. They can be used in conjunction with a health insurance policy or if you do not have health coverage. They cover not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

Shop around and save

We’ve covered a lot of information how to lower your 2016 Jeep Renegade insurance rates. The key concept to understand is the more companies you get car insurance rates for, the more likely it is that you will get a better rate. You may be surprised to find that the best price on insurance is with a small mutual company.

People who switch companies do it for a variety of reasons including not issuing a premium refund, high rates after DUI convictions, being labeled a high risk driver and extreme rates for teen drivers. No matter why you want to switch, switching insurance companies can be less work than you think.

While you’re price shopping online, it’s not a good idea to buy poor coverage just to save money. There are too many instances where an insured cut comprehensive coverage or liability limits and learned later that it was a big error on their part. The aim is to buy a smart amount of coverage at a price you can afford, but don’t skip important coverages to save money.

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