1998 Jeep Cherokee Insurance Cost – 7 Tips to Save

Tired of trying to scrape together enough money to pay your car insurance bill each month? You’re in the same situation as millions of other consumers.

You have multiple auto insurance companies to pick from, and although it’s a good thing to be able to choose, lots of choices makes it harder to get the best deal.

You need to do rate comparisons at least once a year because prices change quite often. Despite the fact that you may have had the best price for Cherokee coverage six months ago you can probably find a lower rate today. Forget all the misinformation about insurance coverage because you’re about to find out the things you must know in order to reduce your cost while improving coverage.

Finding affordable coverage is quite easy. If you currently have car insurance, you will be able to cut costs considerably using these techniques. Nevertheless, consumers do need to learn the way companies price online insurance.

Pay less by taking advantage of these seven discounts

Companies that sell car insurance don’t always list all their discounts in a way that’s easy to find, so we took the time to find both well-publicized as well as the least known insurance savings.

  • Discount for Swiching Early – Select companies give a discount for buying a policy before your current policy expires. The savings is around 10%.
  • Life Insurance – Larger companies have better rates if you take out life insurance.
  • Military Discounts – Having a deployed family member can result in better rates.
  • Driver’s Ed – Require your teen driver to complete a driver education course in high school.
  • Anti-lock Brake System – Cars that have steering control and anti-lock brakes can avoid accidents and earn discounts up to 10%.
  • Passive Restraint Discount – Vehicles with factory air bags and/or automatic seat belt systems can get savings of more than 20%.
  • Bundle and Save – When you combine your home and auto insurance with the same company you may save 10% to 20% off each policy.

It’s important to understand that most of the big mark downs will not be given to the entire cost. Most cut the cost of specific coverages such as liability and collision coverage. So even though they make it sound like you could get a free insurance policy, companies wouldn’t make money that way.

For a list of companies offering insurance discounts, click here to view.

The quickest method we recommend to compare car insurance rates is to know almost all companies have advanced systems to provide you with a free rate quote. All consumers are required to do is provide information like whether you have decent credit, if you are currently licensed, the type of vehicles you drive, and distance driven. Your insurance information is then submitted to multiple different insurance companies and you will receive price estimates very quickly.

Your coverage should be tailored to you

When choosing the right insurance coverage, there is no perfect coverage plan. Each situation is unique so this has to be addressed. Here are some questions about coverages that could help you determine if you could use an agent’s help.

  • Exactly who is provided coverage by my policy?
  • Which companies will insure high-risk drivers?
  • Does my insurance cover a custom paint job?
  • Does my insurance cover my expensive audio equipment?
  • Is my babysitter covered when using my vehicle?
  • Do I need rental car coverage?
  • Is business property covered if stolen from my car?
  • What companies insure drivers after a DUI or DWI?
  • Do I need more liability coverage?

If it’s difficult to answer those questions, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, take a second and complete this form or you can also visit this page to select a carrier

Car insurance coverages for a 1998 Jeep Cherokee

Knowing the specifics of your policy can be of help when determining the best coverages for your vehicles. The coverage terms in a policy can be ambiguous and coverage can change by endorsement. Below you’ll find typical coverages found on the average insurance policy.

Comprehensive protection

Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as fire damage, rock chips in glass, falling objects, vandalism and hail damage. The most you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries and damage to your Jeep Cherokee.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses for things like nursing services, rehabilitation expenses, chiropractic care, surgery and pain medications. The coverages can be used in conjunction with a health insurance plan or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Liability car insurance

Liability coverage will cover damages or injuries you inflict on other’s property or people by causing an accident. It protects you from claims by other people. It does not cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 25/50/25 that translate to $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property.

Liability insurance covers things such as repair costs for stationary objects, medical services, repair bills for other people’s vehicles, bail bonds and court costs. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying as much as you can afford.

Coverage for collisions

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

Collision can pay for claims like rolling your car, hitting a mailbox and crashing into a building. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. It’s also possible to bump up the deductible to bring the cost down.

Money doesn’t grow on trees

When shopping online for insurance, do not buy less coverage just to save a little money. In many cases, someone sacrificed full coverage and discovered at claim time that the small savings ended up costing them much more. The aim is to buy enough coverage at the best price while not skimping on critical coverages.

Lower-priced 1998 Jeep Cherokee insurance can be found on the web in addition to many insurance agents, and you need to price shop both to have the best selection. Some insurance providers do not provide online quoting and usually these smaller companies provide coverage only through local independent agents.

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