View 2015 Jeep Cherokee Insurance Cost

Finding the lowest cost insurance coverage over the internet can seem to be difficult for people who are new to online price comaprisons. With a ridiculous number of companies in the marketplace, how can you effectively compare the different rates to find the best pricing?

Pricing affordable coverage is quite easy. Basically, anyone who is required by state law to have auto insurance will more than likely be able to save money. Nevertheless, car owners benefit from understanding the way insurance companies compete online.

Your Jeep Cherokee insurance rate is a complex equation

Consumers need to have an understanding of some of the elements that come into play when calculating insurance coverage rates. When you know what positively or negatively determines base rates enables informed choices that can help you get better insurance coverage rates.

  • Your insurance coverage rates can be influenced by your job – Did you know your insurance coverage rates can be affected by your occupation? Careers like doctors, business owners and accountants tend to pay higher rates than average due to job stress and long work days. On the flip side, occupations like pilots, athletes and performers have the lowest average rates on Cherokee insurance.
  • Safer cars are cheaper to insure – Cars with high safety ratings tend to have better insurance rates. Safer cars result in less severe injuries and fewer injuries means lower claim amounts and thus lower rates. If your Jeep Cherokee 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.
  • Pay less after the wedding – Being married can actually save you money on your insurance coverage policy. Having a spouse is viewed as being more mature and statistics show drivers who are married are more cautious.
  • Equipment add-ons that lower insurance coverage rates – Owning a car with an alarm system can help bring down rates. Anti-theft features such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can help prevent auto theft.
  • Never allow your policy to lapse – Not having insurance is against the law and as a result your rates will increase for letting your insurance expire. Not only will you pay more, failure to provide proof of insurance might get you a license revocation or jail time.You may then be required to prove you have insurance by filing a SR-22 with your state motor vehicle department to get your license reinstated.
  • Teen drivers pay high rates – More mature drivers tend to be more responsible, statistically cause fewer accidents and receive fewer citations. Teenage drivers are statistically proven to be careless and easily distracted when driving therefore insurance coverage rates are much higher.
  • Increase deductibles and save – The deductibles define the amount you are willing to pay out-of-pocket before a claim is paid by your company. Insurance for physical damage to your car, also known as collision and other-than-collision, is used to repair damage to your car. A few examples of covered claims would be running into the backend of another car, damage from fire, or theft. The more expense you have to pay, the lower your rates will be on Cherokee insurance.
  • Men fork out a little more – Statistics show women are more cautious behind the wheel. However, this does not mean women are BETTER drivers than men. They both cause accidents at about the same rate, but men have costlier accidents. Men also have more aggressive citations like DUI and reckless driving. Teenage male drivers are several times more likely to be in an accident and are penalized with high insurance coverage rates.

Cut your premium with discounts

Insurance can be prohibitively expensive, but there are discounts available that can drop the cost substantially. Certain discounts will be applied when you purchase, but some may not be applied and must be requested specifically in order for you to get them.

  • Federal Government Employee – Employees or retirees of the government can earn a discount up to 10% on Cherokee insurance with a few insurance coverage companies.
  • Save over 55 – If you’re over the age of 55, you may receive a discount up to 10% on Cherokee insurance.
  • Paperwork-free – A handful of insurance companies will discount your bill up to fifty bucks just for signing your application over the internet.
  • Drivers Ed for Students – Have your child complete a driver education course if it’s offered in school.
  • Distant Student – Youth drivers who are attending college and do not have a car can be insured at a reduced rate.
  • Theft Prevention System – Anti-theft and alarm systems help deter theft and will save you 10% or more.
  • Discounts for Safe Drivers – Safe drivers may save up to 50% more on Cherokee insurance than drivers with accidents.
  • Military Rewards – Being deployed with a military unit could be rewarded with lower premiums.
  • Multi-car Discount – Buying coverage for more than one vehicle with the same company could earn a price break for each car.

Drivers should understand that some credits don’t apply to all coverage premiums. A few only apply to the price of certain insurance coverages like comp or med pay. So even though they make it sound like adding up those discounts means a free policy, companies don’t profit that way. Any amount of discount will reduce your overall premium however.

For a list of insurance companies with discount insurance coverage rates, follow this link.

What is the best insurance coverage?

When it comes to buying proper insurance coverage, there really is not a one size fits all plan. Your needs are not the same as everyone else’s.

For instance, these questions may help you determine whether or not you could use an agent’s help.

  • If I drive on a suspended license am I covered?
  • What discounts do I qualify for?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Does coverage extend to my business vehicle?
  • Can my teen drive my company car?
  • Is my trailer covered?
  • Does my policy pay for OEM or aftermarket parts?
  • How can I force my company to pay a claim?
  • Do I pay less if my vehicle is kept in my garage?
  • Does my car insurance cover rental cars?

If you can’t answer these questions but you know they apply to you, you may need to chat with an insurance agent. If you don’t have a local agent, take a second and complete this form.

Detailed coverages of your insurance policy

Having a good grasp of your insurance policy helps when choosing which coverages you need and proper limits and deductibles. Insurance terms can be difficult to understand and coverage can change by endorsement.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses such as funeral costs, hospital visits and doctor visits. They are utilized in addition to your health insurance policy or if you are not covered by health insurance. It covers all vehicle occupants as well as being hit by a car walking across the street. PIP is not available in all states but it provides additional coverages not offered by medical payments coverage

Uninsured or underinsured coverage

This coverage provides protection from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants as well as your vehicle’s damage.

Because many people carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage is very important. Normally these limits are identical to your policy’s liability coverage.

Liability car insurance

This provides protection from injuries or damage you cause to people or other property in an accident. It protects you against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 50/100/50 that translate to a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property. Alternatively, you may have a combined single limit or CSL which combines the three limits into one amount with no separate limits for injury or property damage.

Liability insurance covers claims such as court costs, repair costs for stationary objects, emergency aid, repair bills for other people’s vehicles and attorney fees. The amount of liability coverage you purchase is up to you, but consider buying as large an amount as possible.

Auto collision coverage

This covers damage to your Cherokee resulting from colliding with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims such as hitting a mailbox, hitting a parking meter, sideswiping another vehicle and colliding with a tree. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. It’s also possible to bump up the deductible to get cheaper collision coverage.

Comprehensive protection

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

Comprehensive insurance covers claims like rock chips in glass, theft and vandalism. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Feed the piggy bank

Cost effective 2015 Jeep Cherokee insurance is definitely available online and also from your neighborhood agents, and you need to price shop both to have the best selection. Some insurance coverage companies may not provide online price quotes and these small insurance companies work with independent agents.

You just read a lot of techniques to get a better price on insurance. It’s most important to understand that the more rate comparisons you have, the more likely it is that you will get a better rate. Consumers may even find the best price on insurance coverage is with the smaller companies.

As you shop your coverage around, you should never skimp on coverage in order to save money. There are many occasions where consumers will sacrifice uninsured motorist or liability limits and discovered at claim time that the savings was not a smart move. Your goal should be to buy enough coverage at a price you can afford while not skimping on critical coverages.

More detailed insurance coverage information is located in these articles: