How Much Does 2008 Jeep Compass Insurance Cost?

Searching for the cheapest insurance coverage rates for your Jeep Compass? Tired of trying to scrape together enough money to insure your Jeep every month? You are no different than many other consumers.

Companies like Geico and Progressive all claim big savings, bombarding you with ad campaigns and consumers find it hard to ignore the promise of big savings and effectively compare rates to find the best deal.

It’s important to take a look at other company’s rates every six months due to the fact that insurance rates change frequently. Despite the fact that you may have had the lowest price on Compass insurance last year other companies may now be cheaper. Ignore everything you know about insurance coverage because we’re going to demonstrate the things you must know in order to eliminate unnecessary coverages and save money.

If you have car insurance now, you will most likely be able to reduce your rates substantially using this information. Finding affordable coverage is not that difficult. But vehicle owners must know the way companies determine prices and take advantage of how the system works.

Jeep Compass rates are complex

Smart consumers have a good feel for the rating factors that help determine the price you pay for insurance coverage. Having a good understanding of what impacts premium levels empowers consumers to make smart changes that may reward you with lower insurance coverage prices.

  • Where you live can impact rates – Being located in a small town can be a good thing when it comes to insurance coverage. Fewer drivers means fewer accidents as well as less vandalism and auto theft. Drivers who live in large cities have to deal with much more traffic to deal with and longer commutes to work. More time on the road means higher likelihood of an accident.
  • Higher safety ratings means cheaper insurance – Vehicles with good safety scores are cheaper to insure. These vehicles protect occupants better and lower injury rates means lower claim amounts and thus lower rates. If your Jeep Compass scored better than 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.
  • Your spouse saves you money – Having a wife or husband can actually save you money when buying insurance coverage. It is viewed as being more mature and responsible and it’s proven that married couples file fewer claims.
  • Poor credit can mean higher rates – A driver’s credit rating is a big factor in determining your rates. Consumers who have high credit scores tend to be less risk to insure than drivers with poor credit. Therefore, if your credit history can use some improvement, you could pay less to insure your 2008 Jeep Compass by spending a little time repairing your credit.

The quickest method to get policy rate comparisons is to realize most of the bigger providers allow for online access to quote your coverage. To start a quote, the only thing you need to do is provide a little information including the ages of drivers, if you’re married, whether you have decent credit, and daily mileage. The rating information is automatically sent to many different companies and you will get price comparisons instantly to find the best rate.

Discounts are available to cut your rates

Car insurance can cost a lot, but companies offer discounts that many people don’t even know exist. A few discounts will automatically apply when you get a quote, but less common discounts must be requested specifically before you will receive the discount.

  • Seat Belt Usage – Drivers who require all occupants to wear their seat belts could save 15% off your medical payments premium.
  • Early Signing – A few companies offer discounts for switching to them prior to your current policy expiration. This can save 10% or more.
  • Senior Citizens – Mature drivers can possibly qualify for a discount up to 10% on Compass insurance.
  • Multi-policy Discount – If you insure your home and vehicles with one insurance company you may earn at least 10% off all policies.
  • No Charge for an Accident – Certain companies will forgive one accident without raising rates as long as you don’t have any claims for a certain period of time.
  • Driver’s Ed – Require your teen driver to enroll in driver’s education in school.
  • Theft Prevention Discount – Anti-theft and alarm systems can help prevent theft and will save you 10% or more.
  • New Vehicle Savings – Insuring a new car can save up to 30% due to better safety requirements for new cars.

As a disclaimer on discounts, some of the credits will not apply to your bottom line cost. Some only apply to specific coverage prices like physical damage coverage or medical payments. Just because it seems like all the discounts add up to a free policy, companies don’t profit that way. Any qualifying discounts will reduce your overall premium however.

Car insurance companies that possibly offer some of the above discounts are:

Check with each insurance company which discounts they offer. Discounts may not apply in your state.

Everyone needs different coverages

When choosing the best car insurance coverage, there is no “perfect” insurance plan. Everyone’s situation is a little different so your insurance should reflect that Here are some questions about coverages that can aid in determining whether or not you will benefit from professional help.

  • How much liability do I need to cover my assets?
  • Is a blown tire covered by insurance?
  • Am I missing any policy discounts?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • Is my camper covered by my car insurance policy?
  • Can I drive in Mexico and have coverage?
  • Is a new car covered when I drive it off the dealer lot?
  • Am I covered if I wreck a rental car?

If it’s difficult to answer those questions but you think they might apply to your situation, you may need to chat with a licensed agent. To find an agent in your area, simply complete this short form or you can also visit this page to select a carrier

Auto insurance coverage breakdown

Learning about specific coverages of your policy aids in choosing appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. Listed below are the usual coverages available from auto insurance companies.

Protection from uninsured/underinsured drivers

Your UM/UIM coverage gives you protection when the “other guys” either have no liability insurance or not enough. It can pay for injuries to you and your family and also any damage incurred to your Jeep Compass.

Because many people only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Most of the time these coverages do not exceed the liability coverage limits.

Collision insurance

Collision insurance pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as colliding with a tree, crashing into a ditch, colliding with another moving vehicle and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. You can also increase the deductible to save money on collision insurance.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills like surgery, chiropractic care and funeral costs. The coverages can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage

Liability auto insurance

This coverage will cover damage that occurs to other people or property. This insurance protects YOU against claims from other people, and doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 100/300/100 which means $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery. Another option is one number which is a combined single limit which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage protects against things like medical services, legal defense fees, loss of income, attorney fees and medical expenses. How much coverage you buy is up to you, but buy as high a limit as you can afford.

Comprehensive (Other than Collision)

Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as hail damage, a broken windshield and falling objects. The highest amount your auto insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

Compare but don’t skimp

When buying insurance coverage, it’s a bad idea to buy less coverage just to save a little money. In many instances, someone sacrificed collision coverage and learned later they didn’t purchase enough coverage. Your aim should be to get the best coverage possible for the lowest price, not the least amount of coverage.

Low-cost 2008 Jeep Compass insurance is available both online and with local insurance agents, so compare prices from both so you have a total pricing picture. Some insurance companies do not offer online price quotes and these smaller companies work with independent agents.

Much more information about auto insurance is available at these links: