Save on 2001 Jeep Grand Cherokee Insurance Rates

Scraping up a payment for overpriced Jeep Grand Cherokee insurance can overdraw your personal savings and put a big crunch on your finances. Comparison shopping is a smart way to make sure you’re not throwing money away.

Big-name insurance companies like State Farm, Geico and Farmers Insurance persitently shower you with advertising and it can be hard to avoid their marketing magic and do the work needed to find the best deal.

Consumers should take time to take a look at other company’s rates occasionally since insurance rates fluctuate regularly. Even if you think you had the lowest price for Grand Cherokee coverage six months ago you can probably find a lower rate today. So ignore everything you know about car insurance because I’m going to teach you one of the best ways to reduce your cost while increasing coverage.

If you currently have car insurance, you will most likely be able to lower your premiums substantially using this information. Buying car insurance is not that difficult. But drivers can benefit from knowing the way companies price insurance differently and take advantage of how the system works.

Comprehensive Insurance Coverage Comparison

Comparing insurance coverage rates is a ton of work if you don’t understand the best way to get rate quotes. You can spend your afternoon talking to local insurance agents in your area, or you could save time and use the web to get rate comparisons in just a few minutes.

Most of the best insurance companies are enrolled in a marketplace that allows shoppers to complete one form, and each participating company then gives them pricing for coverage. This prevents consumers from doing quote requests to each company.

To compare pricing click to open in new window.

The only drawback to using this type of system is you don’t know exactly which providers you want pricing from. If you would rather choose specific providers to compare, we have a listing of low cost insurance coverage companies in your area. View list of insurance companies.

It’s your choice how you get your quotes, but ensure you are comparing exactly the same quote information for every quote you compare. If your comparisons have different liability limits you can’t possibly determine the lowest rate for your Jeep Grand Cherokee. Just a small difference in coverage limits may cause a big price difference. And when quoting insurance coverage, remember that more quotes will improve the odds of getting better pricing.

Verify you’re getting all your discounts

Insurance can be prohibitively expensive, but there are discounts available that can drop the cost substantially. Some trigger automatically at quote time, but less common discounts must be asked for before being credited.

  • Passive Restraint Discount – Vehicles with factory air bags or motorized seat belts can receive discounts of up to 25% or more.
  • Drive Safe and Save – Drivers who avoid accidents can pay as much as 50% less for Grand Cherokee coverage than their less cautious counterparts.
  • Drivers Education – Cut your cost by having your teen driver successfully complete driver’s ed class if offered at their school.
  • Multi-car Discount – Insuring more than one vehicle on the same insurance policy can get a discount on all vehicles.
  • Multi-policy Discount – If you have multiple policies with the same insurance company you could get a discount of at least 10% off all policies.
  • Pay Upfront and Save – If paying your policy premium upfront rather than paying monthly you could save 5% or more.
  • Anti-theft System – Vehicles with anti-theft systems are stolen less frequently and will save you 10% or more.
  • Sign Early and Save – Select companies give a discount for switching policies before your current policy expires. It can save you around 10%.

Consumers should know that some credits don’t apply to the overall cost of the policy. Most only reduce specific coverage prices like collision or personal injury protection. Just because it seems like adding up those discounts means a free policy, it doesn’t quite work that way. Any qualifying discounts will help reduce the cost of coverage.

Car insurance companies that may have these discounts include:

Before buying, ask all companies you are considering which discounts they offer. All car insurance discounts might not apply in every state.

Jeep Grand Cherokee rates are complex

It’s important that you understand the factors that come into play when calculating the rates you pay for insurance coverage. Understanding what controls the rates you pay enables informed choices that can help you get lower insurance coverage prices.

  • Older drivers save more – Youthful drivers tend to be careless and easily distracted when driving so they pay higher insurance coverage rates. Parents adding a teenage driver onto your insurance coverage can be quite pricey. More mature drivers are more cautious drivers, file fewer claims and receive fewer citations.
  • No coverage gaps is important – Allowing your coverage to lapse will be a fast way to increase your insurance coverage rates. Not only will you pay more, failure to provide proof of insurance might get you a license revocation or jail time.Then you may be required to submit proof of financial responsibility or a SR-22 with your state motor vehicle department to get your license reinstated.
  • Liability insurance protects assets – Liability insurance is the coverage that protects you if ever a court rules you are at fault for damages from an accident. Liability provides you with a defense in court starting from day one. This coverage is very inexpensive compared to physical damage coverage, so drivers should carry high limits.
  • Do men or women drive better? – Statistics show that women are safer drivers than men. However, don’t assume that women are better drivers. They both cause accidents at about the same rate, but the male of the species cause more damage and cost insurance companies more money. Men also tend to get cited for more serious violations like DUI and reckless driving.

When should I talk to an agent?

When buying the best insurance coverage, there really is no one size fits all plan. Everyone’s situation is a little different and your policy should reflect that. Here are some questions about coverages that could help you determine if you would benefit from professional advice.

  • When should I drop full coverage on my 2001 Jeep Grand Cherokee?
  • Do I need roadside assistance coverage?
  • What is the ISO rating for a 2001 Jeep Grand Cherokee?
  • Does having multiple vehicles earn me a discount?
  • How can I get high-risk coverage after a DUI?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • How much can I save by bundling my policies?
  • Should I carry comprehensive and collision coverage?
  • What is the minimum liability in my state?
  • Should I have a commercial auto policy?

If it’s difficult to answer those questions but you know they apply to you then you might want to talk to a licensed insurance agent. To find an agent in your area, take a second and complete this form or you can go here for a list of companies in your area.

Save 15 percent in 15 minutes? Is it for real?

Insurance companies such as State Farm, Allstate and Geico consistently run ads on TV and radio. They all seem to make an identical promise of big savings if you change your coverage to them. How can each company make almost identical claims? This is how they do it.

Insurance companies have a preferred profile for the driver that makes them money. An example of a profitable customer could possibly be between the ages of 30 and 50, is a homeowner, and drives less than 7,500 miles a year. A customer getting a price quote who fits that profile will qualify for the lowest rates and therefore will cut their rates substantially.

Drivers who don’t qualify for the “perfect” profile will be charged a higher premium and this can result in the customer not buying. The ad wording is “people who switch” not “everyone that quotes” save that much. That’s the way companies can state the savings.

That is why drivers should compare as many rates as you can. You cannot predict which insurance companies will fit your personal profile best.

Coverage specifics

Understanding the coverages of auto insurance aids in choosing appropriate coverage and the correct deductibles and limits. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording. Below you’ll find the normal coverages available from auto insurance companies.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP pay for immediate expenses for funeral costs, prosthetic devices and pain medications. The coverages can be used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Liability car insurance

This provides protection from damage that occurs to a person or their property. It protects you against other people’s claims, and doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property. Alternatively, you may have a combined single limit or CSL which provides one coverage limit and claims can be made without the split limit restrictions.

Liability insurance covers things like medical services, pain and suffering, attorney fees, funeral expenses and court costs. The amount of liability coverage you purchase is a personal decision, but you should buy as high a limit as you can afford.

Uninsured/Underinsured Motorist coverage

This provides protection when the “other guys” do not carry enough liability coverage. Covered losses include hospital bills for your injuries as well as damage to your Jeep Grand Cherokee.

Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea. Frequently these limits are set the same as your liablity limits.

Collision coverage

Collision coverage covers damage to your Grand Cherokee resulting from a collision with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims such as damaging your car on a curb, sustaining damage from a pot hole, backing into a parked car and hitting a mailbox. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. You can also choose a higher deductible to bring the cost down.

Comprehensive coverage

Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as a tree branch falling on your vehicle, damage from flooding and hitting a bird. The maximum amount a auto insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Have the Midas touch

When trying to cut insurance costs, do not sacrifice coverage to reduce premiums. There are a lot of situations where consumers will sacrifice physical damage coverage and learned later that the few dollars in savings costed them thousands. Your focus should be to buy the best coverage you can find at the best price while not skimping on critical coverages.

Low-cost 2001 Jeep Grand Cherokee insurance can be found from both online companies and also from your neighborhood agents, so compare prices from both to have the best rate selection. A few companies may not provide you the ability to get quotes online and most of the time these small insurance companies sell through independent agents.

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