View 1998 Jeep Grand Cherokee Insurance Cost

Finding affordable auto insurance can seem to be difficult for people who are new to comparing rates online. People have so many options that it can turn into more work than you anticipated to find the best price.

If you currently have a car insurance policy, you will be able to reduce your rates substantially using this information. The purpose of this post is to help educate you on how car insurance quotes work. But vehicle owners can benefit from knowing the methods companies use to market insurance on the web and use this information to your advantage.

Where Can I Get Cheap Insurance Coverage?

There are several ways you can shop for Jeep Grand Cherokee insurance coverage but there is one way that is less labor-intensive and much quicker. You can waste hours talking to local insurance agents in your area, or you can utilize online quotes to get pricing more quickly.

Many companies enroll in a system where prospective buyers send in one quote, and each participating company can provide price quotes. This saves time by eliminating form submissions for every insurance coverage company.

To compare pricing click here (opens in new window).

The only downside to comparing rates this way is you can’t choose which insurance companies you want to price. So if you prefer to choose specific insurance companies to compare prices, we have assembled a list of low cost insurance coverage companies in your area. View list of insurance companies.

It doesn’t matter which method you choose, just double check that you are using identical information for each price quote. If you use higher or lower deductibles it will be impossible to find the best deal for your Jeep Grand Cherokee. Just a small difference in insurance coverages can mean a large discrepancy in price. And when comparing insurance coverage rates, know that comparing more company’s prices provides better odds of finding lower pricing.

Discounts are basically free money

The price of auto insurance can be rather high, but companies offer discounts to help offset the cost. Some trigger automatically when you quote, but lesser-known reductions have to be manually applied before you will receive the discount.

  • Senior Citizens – If you’re over the age of 55, you can possibly qualify for better insurance rates on Grand Cherokee insurance.
  • Distant Student – Any of your kids who live away from home and do not have a car can be insured at a reduced rate.
  • Auto/Home Discount – When you have multiple policies with one insurance company you will save up to 20% off your total premium.
  • Low Mileage Discounts – Driving fewer miles could be rewarded with a substantially lower rate.
  • Drive Safe and Save – Drivers who don’t get into accidents may save up to 50% more on Grand Cherokee insurance than less cautious drivers.
  • Auto/Life Discount – Some companies give a discount if you purchase a life insurance policy as well.
  • Passive Restraints and Air Bags – Cars that have air bags or motorized seat belts may earn rate discounts of up to 25% or more.

Keep in mind that some credits don’t apply the the whole policy. Most only cut the price of certain insurance coverages like medical payments or collision. So even though it sounds like you can get free auto insurance, companies don’t profit that way. But all discounts will reduce your premiums.

Companies that possibly offer some of the above discounts are:

Before buying, ask each company which discounts you may be entitled to. Savings may not apply in your area.

Which insurance is the “right” coverage?

When it comes to choosing coverage for your personal vehicles, there really is not a single plan that fits everyone. Every situation is different.

For example, these questions can aid in determining whether or not you might need professional guidance.

  • How do I file an SR-22 for a DUI in my state?
  • What if I owe more than I can insure my car for?
  • Do I need PIP coverage since I have good health insurance?
  • Does coverage extend to a rental car in a foreign country?
  • Which companies will insure high-risk drivers?
  • Can my babysitter drive my car?
  • At what point should I drop full coverage?

If you don’t know the answers to these questions then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form.

Specific coverage details

Knowing the specifics of insurance can be of help when determining the best coverages at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy.

Collision coverage

This coverage covers damage to your Grand Cherokee resulting from colliding with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things such as rolling your car, colliding with another moving vehicle, hitting a mailbox and sustaining damage from a pot hole. This coverage can be expensive, so consider dropping it from vehicles that are older. It’s also possible to choose a higher deductible to bring the cost down.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses for ambulance fees, EMT expenses, hospital visits, nursing services and pain medications. The coverages can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Coverage applies to you and your occupants and also covers being hit by a car walking across the street. PIP is not an option in every state but can be used in place of medical payments coverage

Liability insurance

This coverage will cover damage that occurs to other’s property or people that is your fault. It protects you against claims from other people, and does not provide coverage for damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 50/100/50 which stand for a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery. Alternatively, you may have one number which is a combined single limit which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage protects against things like legal defense fees, repair bills for other people’s vehicles, medical services, emergency aid and repair costs for stationary objects. The amount of liability coverage you purchase is up to you, but consider buying higher limits if possible.

Comprehensive insurance

This covers damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims such as a broken windshield, fire damage, damage from getting keyed, hail damage and theft. The most your insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage protects you and your vehicle from other motorists when they either have no liability insurance or not enough. It can pay for hospital bills for your injuries and also any damage incurred to your Jeep Grand Cherokee.

Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family. Normally your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Be a penny pincher

You just learned a lot of ways to lower your 1998 Jeep Grand Cherokee insurance rates. It’s most important to understand that the more rate quotes you have, the better your chances of lowering your rates. Consumers may even find the lowest priced insurance coverage comes from the least-expected company.

Insureds leave their current company for any number of reasons including being labeled a high risk driver, delays in responding to claim requests, unfair underwriting practices or policy non-renewal. It doesn’t matter what your reason, finding a new company is easier than you think.

When you buy insurance online, it’s very important that you do not skimp on critical coverages to save a buck or two. In many instances, someone sacrificed uninsured motorist or liability limits to discover at claim time that the few dollars in savings costed them thousands. Your focus should be to buy the best coverage you can find at an affordable rate, not the least amount of coverage.

Additional insurance coverage information can be found on the following sites: