2018 Jeep Renegade Insurance Cost – 6 Tips for Cheaper Prices

Looking for cheaper auto insurance rates for your Jeep Renegade? I doubt anyone fancies paying their premiums for auto insurance, especially knowing their premiums are through the roof. You have so many auto insurance companies to choose from, and even though it’s nice to be able to choose, more options can take longer to compare company pricing.

It’s a great practice to price shop coverage periodically because insurance prices are rarely the same from one policy term to another. Just because you found the best price on Renegade coverage a year ago you can probably find a lower rate today. Block out anything you think you know about auto insurance because you’re about to learn the tricks you need to know to reduce your cost while increasing coverage.

Which auto insurance is cheapest?

Effectively comparing auto insurance prices can be a lot of work if you aren’t aware of the most efficient way. You can spend countless hours driving to insurance agencies in your area, or you could save time and use the web to get prices fast.

All the larger companies enroll in a system where prospective buyers complete one form, and each participating company can provide price quotes for coverage. This eliminates the need for repetitive form submissions to each individual auto insurance company.

To get comparison pricing now click here (opens in new window).

The one disadvantage to doing it this way is that consumers can’t choose which carriers to get quotes from. If you would rather choose individual companies for rate comparison, we put together a list of companies who write auto insurance in your area. Click here for list of insurance companies.

Whichever way you use, do your best to enter identical coverage information for each price quote. If your comparisons have different data then you won’t be able to determine the lowest rate for your Jeep Renegade.

Misconceptions in insurance advertisements

Consumers can’t get away from ads for the lowest price insurance by Allstate and Progressive. All the ads state the claim about savings if you just switch your coverage.

How is it plausible that every one can give you a lower rate?

All the different companies can use profiling for the type of driver that will be a good risk. For instance, this type of insured may need to be between 30 and 50, has few claims, and has great credit. Anybody that fits those parameters will get low rates and will save quite a bit of money when switching.

Drivers who are not a match for this ideal profile will be quoted a more expensive rate with the end result being the customer buying from someone else. The trick is to say “people who switch” but not “all drivers who get quotes” can save as much as they claim. That’s why companies can advertise the savings.

Because of this risk profiling, you absolutely need to get car insurance quotes as often as possible. Because you never know with any certainty which company will have the best car insurance rates for your profile.

Get lower rates with these six insurance coverage discounts

Insurance coverage is not an enjoyable expense, but there are discounts available that can drop the cost substantially. Most are applied at quote time, but less common discounts must be inquired about before being credited.

  • Discounts for Responsible Drivers – Insureds without accidents can save up to 40% or more on their car insurance quote on Renegade coverage than drivers with accidents.
  • Early Payment Discounts – If you pay your entire premium ahead of time as opposed to paying monthly you can avoid monthly service charges.
  • Clubs and Organizations – Joining specific professional or occupational memberships or organizations may earn a discount when getting a car insurance quote.
  • One Accident Forgiven – Not necessarily a discount, but companies like Progressive, Allstate, and Liberty Mutual will forgive one accident without getting socked with a rate hike if you are claim-free prior to being involved in the accident.
  • Discount for Life Insurance – Select insurance coverage companies reward you with a break if you buy some life insurance too.
  • Student in College – Older children who are enrolled in a college that is more than 100 miles from home and do not take a car to college could qualify for this discount.

Discounts reduce rates, but you should keep in mind that some credits don’t apply to all coverage premiums. Some only reduce specific coverage prices like liability and collision coverage. Despite the appearance that all the discounts add up to a free policy, it doesn’t quite work that way.

To see insurance coverage companies that offer some of these discounts, follow this link.

Insurance can get complicated

When choosing proper insurance coverage for your vehicles, there really is not a best way to insure your cars. Everyone’s situation is a little different so this has to be addressed. These are some specific questions could help you determine whether your personal situation will benefit from professional help.

  • How many claims can I have before being cancelled?
  • When can I cancel my policy?
  • Does my 2018 Jeep Renegade qualify for pleasure use?
  • When would I need additional glass coverage?
  • Can my babysitter drive my car?
  • Am I covered if I hit a deer?

If you’re not sure about those questions, then you may want to think about talking 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. It is quick, free and can help protect your family.

The coverage is in the details

Learning about specific coverages of your insurance policy helps when choosing which coverages you need for your vehicles. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement. Listed below are the normal coverages found on the average insurance policy.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP provide coverage for expenses for things like rehabilitation expenses, chiropractic care, hospital visits and ambulance fees. They are used in conjunction with a health insurance plan or if there is no health insurance coverage. They cover all vehicle occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

Collision coverage protection

This pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for things such as rolling your car, hitting a parking meter, colliding with another moving vehicle, colliding with a tree and damaging your car on a curb. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. Drivers also have the option to raise the deductible to bring the cost down.

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. Covered losses include injuries to you and your family as well as your vehicle’s damage.

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 important protection for you and your family. Usually your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Comprehensive insurance

Comprehensive insurance coverage pays for 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 can pay for claims such as falling objects, a broken windshield and vandalism. The most you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

Liability insurance

Liability coverage protects you from damage or injury you incur to a person or their property. Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 100/300/100 which stand for a $100,000 limit per person for injuries, $300,000 for the entire accident, and property damage coverage for $100,000. Some companies may use one limit called combined single limit (CSL) which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage protects against claims such as repair costs for stationary objects, repair bills for other people’s vehicles and court costs. The amount of liability coverage you purchase is your choice, but you should buy as large an amount as possible.

Smart consumers save more

Cheap 2018 Jeep Renegade insurance is possible online in addition to local insurance agencies, so you should be comparing quotes from both in order to have the best chance of saving money. Some insurance companies may not have online price quotes and usually these small, regional companies sell through local independent agents.

While you’re price shopping online, you should never skimp on coverage in order to save money. In many cases, an insured cut liability limits or collision coverage only to regret at claim time they didn’t have enough coverage. The ultimate goal is to purchase plenty of coverage at an affordable rate while not skimping on critical coverages.

More information can be found at the links below