Buyers have options when searching for affordable Jeep Compass insurance. You can either spend your time driving around to compare prices or leverage the internet to get rate quotes. There are both good and bad ways to shop for car insurance so we’re going to tell you the absolute fastest way to quote coverages for a Jeep and get the lowest possible price either online or from local insurance agents.
If you have a current car insurance policy or need new coverage, you can use these tips to find better prices and still get good coverage. The purpose of this post is to tell you the best way to quote coverages and some money-saving tips. Consumers only need to know the most efficient way to compare company rates over the internet.
How to Get Cheap Car Insurance
There are a variety of methods to compare car insurance prices but there is one way that is easier and takes less work. You can spend your afternoon talking about coverages with agents in your area, or you can utilize online quotes to get rates in a matter of minutes.
Many companies take part in a program where prospective buyers submit their information once, and every company then gives them pricing. This prevents consumers from doing repetitive form submissions to every company.
To submit your quote information now, click here (opens in new window).
One minor caviat to doing it this way is you don’t know exactly the insurers you will receive quotes from. So if you want to select specific insurance companies to compare rates, we have a page of low cost car insurance companies in your area. Click here to view list.
It’s up to you which method you use, but double check that you are using apples-to-apples coverages with each company. If each company quotes differing limits it will be next to impossible to truly determine the lowest rate.
Discounts can save BIG
Car insurance companies don’t list every available discount very clearly, so we researched both well-publicized and the more hidden car insurance savings. If you’re not getting every credit available, you are throwing money away.
- Multiple Vehicles – Buying insurance for multiple vehicles on one policy may reduce the rate for each vehicle.
- Seat Belt Usage – Using a seat belt and requiring all passengers to use their safety belts could save 15% off the personal injury premium cost.
- Save over 55 – Older drivers can possibly qualify for a discount up to 10% on Compass insurance.
- Theft Prevention Discount – Vehicles with anti-theft systems can help prevent theft and will save you 10% or more.
- No Charge for an Accident – A few companies will forgive one accident before raising your premiums if your claims history is clear for a set time period.
- Sign Early and Save – Some insurance companies reward drivers for switching to them prior to your current policy expiring. It can save you around 10%.
- Safety Course Discount – Successfully completing a course in driver safety could cut 5% off your bill and easily recoup the cost of the course.
- Anti-lock Brakes – Anti-lock brake equipped vehicles prevent accidents and qualify for as much as a 10% discount.
- Good Student Discount – This discount can be rewarded with saving of up to 25%. The good student discount can last well after school through age 25.
It’s important to understand that many deductions do not apply to the entire cost. The majority will only reduce the cost of specific coverages such as comp or med pay. So when it seems like you would end up receiving a 100% discount, car insurance companies aren’t that generous.
For a list of providers with discount car insurance rates, click here.
Jeep Compass rates are made up of many parts
Consumers need to have an understanding of the factors that come into play when calculating the rates you pay for car insurance. Understanding what controls the rates you pay empowers consumers to make smart changes that may reward you with lower car insurance prices.
The list below includes some of the items used by your company to calculate rates.
- High crash test scores lower rates – Vehicles with good safety scores get lower rates. The safest vehicles protect occupants better and better occupant protection means less money paid by your insurance company and thus lower rates. If your Jeep Compass is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it is probably cheaper to insure.
- Don’t cancel a policy without a new one in place – Allowing your car insurance policy to lapse will be a guaranteed way to pay more for car insurance. Not only will rates go up, failure to provide proof of insurance might get you a license revocation or jail time.You may have to submit proof of financial responsibility or a SR-22 with your state motor vehicle department to get your license reinstated.
- Mature drivers pay less – Older drivers are viewed as being more responsible, statistically cause fewer accidents and receive fewer citations. Young drivers tend to be less responsible behind the wheel therefore car insurance rates are much higher.
- Add-on coverages can add up – There are a lot of extra bells and whistles that you can get tricked into buying if you aren’t careful. Things like personal injury protection, accidental death and term life insurance may be costing you every month. These may sound like a good investment at first, but if they’re wasting money remove them from your policy.
- Where you live – Choosing to live in small towns and rural areas has it’s advantages when it comes to car insurance. City drivers tend to have congested traffic and longer commutes to work. Less people living in that area means reduced accidents as well as less vandalism and auto theft.
- Your credit rating is important – Your credit score is a important factor in determining what you pay for car insurance. So if your credit rating is lower than you’d like, you could pay less to insure your Jeep Compass by spending a little time repairing your credit. Consumers who have high credit scores tend to be less risk to insure than those with poor credit.
- Liability coverage is cheap – The liability section of your policy will protect you if you are found liable for damages caused by your negligence. It provides for a legal defense starting from day one. Carrying liability coverage is mandatory and cheap compared to insuring for physical damage coverage, so do not skimp.
Will just any policy work for me?
When it comes to choosing coverage, there really is not a one size fits all plan. Every insured’s situation is different.
Here are some questions about coverages that may help you determine if your situation will benefit from professional help.
- What is covered by UM/UIM coverage?
- Should I put collision coverage on all my vehicles?
- When does my teenage driver need to be added to my policy?
- Do I have coverage when pulling a U-Haul trailer?
- Does my personal auto insurance policy cover using my vehicle for business use?
- Do I need special endorsements for business use of my vehicle?
If you can’t answer these questions but you know they apply to you, you might consider talking to an agent. To find an agent in your area, simply complete this short form. It’s fast, free and you can get the answers you need.
Save 15 percent in 15 minutes? Is it for real?
Consumers constantly see and hear ads that promise big savings from the likes of Progressive, Allstate and GEICO. They all seem to have a common claim about savings if you move your coverage to them.
How can each company make the same claim? It’s all in the numbers.
All companies have a preferred profile for the right customer that earns them a profit. An example of a driver they prefer could possibly be a mature driver, has no driving citations, and has a short commute. Any new insured who matches those parameters is entitled to the best price and is almost guaranteed to cut their rates substantially.
Potential customers who are not a match for the “perfect” profile will have to pay higher prices and this can result in the customer not buying. The ad wording is “drivers who switch” not “everyone that quotes” save that much money. This is how companies can advertise the savings. Because of the profiling, drivers must get as many quotes as possible. It is impossible to predict which car insurance company will provide you with the cheapest rates.
Best coverage at the best price
Budget-conscious Jeep Compass insurance is definitely available from both online companies and also from your neighborhood agents, so compare prices from both to have the best chance of lowering rates. There are still a few companies who may not provide online price quotes and many times these small, regional companies only sell through independent insurance agents.
We’ve covered a lot of tips how to save on Jeep Compass insurance. The key concept to understand is the more providers you compare, the better your chances of lowering your rates. You may be surprised to find that the best prices are with an unexpected company.
When shopping online for car insurance, don’t be tempted to skimp on critical coverages to save a buck or two. In too many instances, an insured cut comprehensive coverage or liability limits to discover at claim time that the few dollars in savings costed them thousands. The aim is to buy a smart amount of coverage at a price you can afford, not the least amount of coverage.
