Lower Your 2004 Jeep Grand Cherokee Insurance Cost

Finding the cheapest insurance for a Jeep Grand Cherokee could be difficult, but you can follow the following methods to find lower rates. There is a right way and a wrong way to buy insurance coverage and we’ll show you the quickest way to price shop coverage on a Jeep and obtain the cheapest rates.

Get lower rates on Jeep Grand Cherokee insurance

Car insurance companies don’t always publicize all available discounts in a way that’s easy to find, so here is a list both the well known and the harder-to-find savings tricks you should be using. If you aren’t receiving every discount possible, you are throwing money away.

  • Military Rewards – Being deployed with a military unit could mean lower rates.
  • Discount for Swiching Early – Some insurance companies reward drivers for switching policies before your current expiration date. The savings is around 10%.
  • Anti-lock Brake System – Vehicles with anti-lock braking systems are safer to drive and earn discounts up to 10%.
  • Pay Upfront and Save – If paying your policy premium upfront instead of making monthly payments you can actually save on your bill.
  • Multiple Vehicles – Buying coverage for multiple vehicles on the same auto insurance policy may reduce the rate for each vehicle.
  • Resident Student – Youth drivers who attend school more than 100 miles from home and do not have access to a covered vehicle can be insured at a reduced rate.
  • Government Employees – Simply working for the federal government could cut as much as 10% off for Grand Cherokee insurance depending on your company.
  • No Claims – Good drivers with no accidents can earn big discounts compared to accident-prone drivers.

Keep in mind that some of the credits will not apply to your bottom line cost. Some only reduce individual premiums such as collision or personal injury protection. Just because it seems like you could get a free auto insurance policy, it doesn’t quite work that way.

Car insurance companies who might offer these benefits include:

It’s a good idea to ask each company what discounts are available to you. Discounts may not apply everywhere.

How to Compare Insurance Coverage Costs

Finding a better price on insurance coverage is actually quite simple. You just have to spend a little time comparing rate quotes from different insurance companies. This can be accomplished using a couple different methods.

  • The best way consumers can analyze rates is an all-inclusive rate comparison (click to open form in new window). This method saves time by eliminating separate quotation requests for each company you want a rate for. One form gets you price quotes from insurance coverage companies with the best prices. Just one form and you’re done.
  • A different way to compare prices requires visiting the website of each company to request a price quote. For example, we’ll assume you want to compare Nationwide, Esurance and State Farm. To get rate quotes you would need to take the time to go to each site and enter your information, which is why the first method is quicker.

    For a list of links to companies insuring cars in your area, click here.

  • The least recommended method of comparing rate quotes is to drive around to local insurance agencies. The internet makes this process obsolete unless you want the trained guidance of a licensed agent. However, consumers can comparison shop your insurance online but still have the advice of a local agent. We’ll cover that shortly.

It’s up to you how you get prices quotes, just be sure to compare the exact same deductibles and coverage limits with every price quote. If each company quotes mixed coverages it’s impossible to determine the best price for your Jeep Grand Cherokee.

Tailor your coverage to you

When it comes to choosing adequate coverage for your personal vehicles, there really is no one size fits all plan. Every situation is different.

For example, these questions may help highlight if you might need an agent’s assistance.

  • What exactly is covered by my policy?
  • What is the ISO rating for a 2004 Jeep Grand Cherokee?
  • What discounts do I qualify for?
  • Is my ex-spouse still covered by my policy?
  • If my 2004 Jeep Grand Cherokee is totaled, can I afford another vehicle?
  • If I drive on a suspended license am I covered?

If you’re not sure about those questions but one or more may apply to you, you may need to chat with an agent. If you don’t have a local agent, simply complete this short form. It is quick, free and can help protect your family.

Car insurance policy specifics

Knowing the specifics of your policy aids in choosing which coverages you need at the best deductibles and correct limits. Policy terminology can be difficult to understand and nobody wants to actually read their policy.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage gives you protection when other motorists are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants and damage to your Jeep Grand Cherokee.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses for things like pain medications, rehabilitation expenses and X-ray expenses. They can be used to fill the gap from your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not universally available and may carry a deductible

Collision coverage protection

This covers damage to your Grand Cherokee resulting from colliding with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for claims such as colliding with another moving vehicle, crashing into a ditch, sideswiping another vehicle, rolling your car and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. It’s also possible to raise the deductible to get cheaper collision coverage.

Auto liability

Liability coverage can cover damages or injuries you inflict on other people or property in an accident. It protects YOU from legal claims by others, and does not provide coverage for your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 100/300/100 that means you have a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property.

Liability coverage pays for things such as legal defense fees, pain and suffering and repair costs for stationary objects. How much liability coverage do you need? That is a personal decision, but buy higher limits if possible.

Comprehensive insurance

This coverage pays for damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for claims like damage from getting keyed, falling objects and theft. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

More quotes mean more savings

Throughout this article, we presented many tips how you can lower your 2004 Jeep Grand Cherokee insurance rates. The most important thing to understand is the more quotes you get, the more likely it is that you will get a better rate. Drivers may discover the lowest premiums are with a small local company.

Budget-conscious insurance can be bought online and with local insurance agents, so you should be comparing quotes from both to have the best rate selection. There are still a few companies who do not offer the ability to get a quote online and most of the time these smaller companies sell through independent agents.

As you shop your coverage around, don’t be tempted to buy less coverage just to save a little money. In too many instances, an insured cut liability limits or collision coverage and discovered at claim time that their decision to reduce coverage ended up costing them more. Your focus should be to buy enough coverage at the best price while not skimping on critical coverages.

Other learning opportunities