2002 Jeep Wrangler Insurance Rates

Perplexed by the wide range of insurance companies? Many other drivers are as well. You have so many choices that it can quickly become more work than you anticipated to locate the lowest price.

Finding the best rates is not rocket science. Just about every vehicle owner who is shopping for auto insurance will be able to find lower rates. But consumers need to learn how companies market on the web because it can help you find the best coverage.

Parts of the Jeep Wrangler rate equation

Smart consumers have a good feel for the different types of things that come into play when calculating the rates you pay for car insurance. When you know what positively or negatively controls the rates you pay allows you to make educated decisions that will entitle you to better car insurance rates.

  • Lower miles equals lower premium – Driving more miles each year the more you will pay for car insurance. Almost all companies rate vehicles based upon how you use the vehicle. Cars and trucks not used for work or commuting get more affordable rates than those used for commuting. Having the wrong rating on your Wrangler may be wasting your money. Ask your agent if your car insurance coverage is showing the proper vehicle usage.
  • Don’t sacrifice liability coverage – Liability coverage is the protection if a jury decides you are liable for damages caused by your negligence. It provides legal defense which can be incredibly expensive. Carrying liability coverage is mandatory and cheap when compared with rates for comp and collision, so buy as much as you can afford.
  • Poor credit can mean higher rates – Your credit score is a large factor in determining your rates. Drivers with excellent credit tend to file fewer claims and have better driving records as compared to drivers with lower credit scores. So if your credit history is low, you could save money insuring your 2002 Jeep Wrangler by spending a little time repairing your credit.
  • Bump up deductibles to save – The deductibles define the amount you are willing to pay out-of-pocket if you file a covered claim. Physical damage coverage, also known as collision and other-than-collision, protects your car from damage. Some instances where coverage would apply are running into the backend of another car, damage from fire, and windstorm damage. The more money you are required to pay out-of-pocket, the lower your rates will be on Wrangler insurance.

Be sure to get all your discounts

Auto insurance companies do not advertise every available discount in an easy-to-find place, so here is a list some of the more common and the harder-to-find ways to save on insurance.

  • Low Mileage – Keeping the miles down on your Jeep can qualify you for lower rates on the low mileage vehicles.
  • E-sign – Certain companies will discount your bill up to fifty bucks simply for signing over the internet.
  • Multiple Policy Discount – If you insure your home and vehicles with one insurance company you could get a discount of up to 20% off your total premium.
  • Lower Rates for Military – Having a deployed family member could be rewarded with lower premiums.
  • Senior Discount – If you’re over the age of 55, you may be able to get a small decrease in premiums on Wrangler insurance.
  • Seat Belt Usage – Requiring all passengers to use a seat belt could cut 10% or more off your medical payments premium.
  • Multi-car Discount – Insuring more than one vehicle with the same company could earn a price break for each car.
  • Anti-lock Brake System – Vehicles with anti-lock braking systems are safer to drive and will save you 10% or more.

As a disclaimer on discounts, most discounts do not apply the the whole policy. Most only reduce the price of certain insurance coverages like comprehensive or collision. So even though they make it sound like it’s possible to get free car insurance, it just doesn’t work that way.

To see a list of providers with the best insurance discounts, click this link.

Slick advertising tricks that work

Car insurance providers like Geico, State Farm and Progressive consistently run ads on TV and radio. They all make the same claim about savings if you change to their company. How does each company make the same claim?

All companies are able to cherry pick for the right customer they prefer to insure. An example of a driver they prefer might be between 25 and 40, owns a home, and chooses high deductibles. A driver that hits that “sweet spot” will get the preferred rates and therefore will save quite a bit of money when switching.

Consumers who don’t meet this ideal profile will be quoted a higher premium and ends up with the customer not buying. The ad wording is “customers who switch” but not “drivers who get quotes” save money. That is how companies can claim big savings. This emphasizes why drivers should compare many company’s rates. It’s impossible to know which company will have the lowest Jeep Wrangler insurance rates.

How do I know if I need professional advice?

When buying coverage for your personal vehicles, there is no single plan that fits everyone. Coverage needs to be tailored to your specific needs.

For example, these questions may help you determine whether or not you will benefit from professional help.

  • What can I do if my company denied a claim?
  • How much liability insurance is required?
  • How many claims can I have before being cancelled?
  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Am I covered when driving on a suspended license?
  • When should I drop full coverage on my 2002 Jeep Wrangler?
  • Am I covered if I wreck a rental car?
  • Can I rate high risk drivers on liability-only vehicles?
  • Is upholstery damage covered by car insurance?
  • Why is insurance for a teen driver so high?

If you can’t answer these questions but one or more may apply to you, you may need to chat with a licensed insurance agent. If you don’t have a local agent, complete this form.

Auto insurance coverages explained

Having a good grasp of your policy aids in choosing which coverages you need and the correct deductibles and limits. Auto insurance terms can be difficult to understand and even agents have difficulty translating policy wording.

Collision insurance

This coverage will pay to fix damage to your Wrangler caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage protects against claims like sideswiping another vehicle, scraping a guard rail, hitting a parking meter and colliding with another moving vehicle. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. Drivers also have the option to bump up the deductible to save money on collision insurance.

Medical costs insurance

Med pay and PIP coverage provide coverage for short-term medical expenses such as nursing services, X-ray expenses, chiropractic care and funeral costs. They can be used to fill the gap from your health insurance policy or if you lack health insurance entirely. It covers you and your occupants as well as if you are hit as a while walking down the street. PIP is not available in all states and may carry a deductible

Comprehensive or Other Than Collision

This pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like falling objects, damage from getting keyed, a tree branch falling on your vehicle, theft and vandalism. The highest amount a auto insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

UM/UIM Coverage

Your UM/UIM coverage provides protection from other motorists when they do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants as well as damage to your Jeep Wrangler.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea.

Liability car insurance

This coverage provides protection from injuries or damage you cause to other’s property or people in an accident. It protects YOU against other people’s claims. Liability doesn’t cover 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 values of 100/300/100 which means a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery.

Liability insurance covers claims such as attorney fees, medical services and emergency aid. How much liability coverage do you need? That is a personal decision, but buy as large an amount as possible.

You can do this!

In this article, we covered many ideas to shop for 2002 Jeep Wrangler insurance online. The most important thing to understand is the more providers you compare, the better your comparison will be. Drivers may discover the best price on auto insurance is with a company that doesn’t do a lot of advertising.

Insureds change insurance companies for any number of reasons including extreme rates for teen drivers, delays in paying claims, not issuing a premium refund and even lack of trust in their agent. Regardless of your reason, finding a new auto insurance company is not as hard as you think.

As you prepare to switch companies, don’t be tempted to reduce needed coverages to save money. There have been many cases where someone dropped full coverage only to find out that the savings was not a smart move. Your strategy should be to buy a smart amount of coverage for the lowest price.

More information can be found at these links: