How Much Does 2013 Jeep Compass Car Insurance Cost?

Trying to find cheaper auto insurance rates for your Jeep Compass? I can’t think of a single person who enjoys paying for auto insurance, especially when the price is too high. Insurance companies such as State Farm, Progressive and GEICO persitently shower you with TV and radio ads and it is challenging if not impossible to not get sucked in by the cute commercials and effectively compare rates to find the best deal.

Which Auto Insurance is Cheapest?

Finding cheaper 2013 Jeep Compass auto insurance prices can be surprisingly simple. All that’s required is to spend a few minutes on the computer to compare quotes provided by online insurance companies. This can be accomplished in just a few minutes using one of these methods.

  1. The fastest way to compare a lot of rates at once is an all-inclusive rate comparison click to view form in new window. This type of form prevents you from having to do separate forms for each company you want a rate for. A single, simple form will return price quotes from all major companies.
  2. A more difficult way to get comparison quotes is going to the website for every company you want to comare and fill out their own quote form. For instance, let’s say you want comparison quotes from Farmers, GEICO and GMAC. To get each rate you have to take the time to go to each site and enter your policy data, which is why the first method is more popular. For a handy list of car insurance company links in your area, click here.

It’s up to you which method you use, but be sure to compare the exact same deductibles and coverage limits on every quote you get. If you compare different limits and deductibles on each one it will be next to impossible to determine the best price for your Jeep Compass.

Don’t overlook these discounts

Insurance can be prohibitively expensive, but you can get discounts to help bring down the price. Larger premium reductions will be automatically applied at the time of quoting, but less common discounts must be specifically requested prior to getting the savings. If you aren’t receiving every discount possible, you are throwing money away.

  • Multi-car Discount – Having more than one vehicle on the same insurance coverage policy can get a discount on all vehicles.
  • Seat Belts Save – Requiring all passengers to buckle their seat belts could save 15% off your medical payments premium.
  • Pay Now and Pay Less – If you pay your bill all at once instead of paying each month you could save 5% or more.
  • Accident Forgiveness – A few companies will allow you to have one accident before raising your premiums as long as you don’t have any claims for a set time period.
  • Safe Drivers – Safe drivers can pay as much as 50% less on Compass insurance than drivers with accidents.
  • Good Students Pay Less – This discount can save 20 to 25%. The good student discount can last up until you turn 25.
  • Air Bag Discount – Cars that have air bags may earn rate discounts of 20% or more.
  • Sign Online – A handful of insurance companies give back up to $50 for buying a policy and signing up over the internet.

It’s important to understand that some credits don’t apply to the entire policy premium. A few only apply to the cost of specific coverages such as physical damage coverage or medical payments. Just because you may think adding up those discounts means a free policy, companies wouldn’t make money that way. But all discounts will reduce your overall premium however.

To see a list of insurers with the best insurance coverage discounts, click here.

Is my situation unique?

When it comes to buying adequate coverage for your personal vehicles, there really is no “perfect” insurance plan. Every situation is different so this has to be addressed. For example, these questions could help you determine whether or not you may require specific advice.

  • Am I getting all the discounts available?
  • Is my custom paint covered by insurance?
  • When should I not file a claim?
  • Should I get collision insurance on every vehicle?
  • How can I find cheaper teen driver insurance?
  • What is roadside assistance coverage?
  • Can my babysitter drive my car?
  • Do I have newly-aquired coverage?

If it’s difficult to answer those questions but a few of them apply then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form or you can go here for a list of companies in your area. It is quick, free and can provide invaluable advice.

Jeep Compass insurance rates have many determining factors

Smart consumers have a good feel for some of the elements that go into determining the price you pay for insurance. Understanding what influences your rates enables informed choices that can help you get lower insurance prices.

Listed below are some of the factors insurance companies consider when setting your rates.

  • Where do you drive? – The more miles you rack up on your Jeep in a year the higher your rate. The majority of insurers charge to insure your cars based on how the vehicle is used. Autos left parked in the garage qualify for better rates than those used for commuting. Make sure your insurance policy properly reflects how each vehicle is driven. If your policy improperly rates your Compass may be wasting your money.
  • Don’t skimp on liability – Your policy’s liability coverage will protect you in the event that you are found to be at fault for personal injury or accident damage. Liability provides legal defense coverage up to the limits shown on your policy. Liability is cheap as compared to coverage for physical damage, so drivers should carry high limits.
  • Clean credit earns discounts – Having a bad credit score is a large factor in determining your rates. So if your credit history is lower than you’d like, you could potentially save money when insuring your 2013 Jeep Compass by improving your credit score. Consumers who have excellent credit tend to be less risk to insure as compared to drivers with poor credit.
  • Do men or women drive better? – The statistics show that women are safer drivers than men. However, this does not mean women are better drivers. They both are in accidents in similar numbers, but the males have costlier accidents. They also get cited for more serious violations such as reckless driving. Teenage male drivers are the most expensive to insure and are penalized with high insurance rates.
  • Bundling policies can get discounts – Many companies provide better rates to insureds who buy several policies from them in the form of a multi-policy discount. Even with this discount, you still need to compare rates to verify if the discount is saving money.

Don’t be fooled by advertising claims

Consumers can’t get away from ads for car insurance savings from the likes of Allstate, GEICO and Progressive. They all have a common claim of big savings if you move your coverage to them.

How can each company claim to save you money?

Insurance companies are able to cherry pick for the type of customer that earns them a profit. An example of a preferred risk might be profiled as between 30 and 50, has no tickets, and chooses high deductibles. A propective insured that hits that “sweet spot” is entitled to the best price and most likely will save quite a bit of money when switching.

Consumers who fall outside the “perfect” profile will be charged higher rates which usually ends up with the driver buying from a lower-cost company. The ads say “drivers who switch” not “people who quote” save that much. That is how insurance companies can advertise the savings.

That is why you should get as many quotes as possible. It is impossible to predict which insurance companies will provide you with the cheapest Jeep Compass insurance rates.

What auto insurance coverages do you need?

Knowing the specifics of your auto insurance policy helps when choosing the right coverages and the correct deductibles and limits. Policy terminology can be difficult to understand and reading a policy is terribly boring. Listed below are typical coverages found on the average auto insurance policy.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses such as ambulance fees, pain medications and doctor visits. They can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. It covers not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not universally available and may carry a deductible

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and damage to your Jeep Compass.

Since many drivers 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. Usually these coverages are similar to your liability insurance amounts.

Liability coverages

This provides protection from damage or injury you incur to other’s property or people. This insurance protects YOU against claims from other people, and does not provide coverage for damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 50/100/50 that translate to a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property. Another option is a combined single limit or CSL that pays claims from the same limit with no separate limits for injury or property damage.

Liability coverage pays for claims like repair costs for stationary objects, medical services and medical expenses. How much coverage you buy is a decision to put some thought into, but you should buy higher limits if possible.

Comprehensive coverage

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

Comprehensive coverage protects against things such as hail damage, vandalism, damage from a tornado or hurricane, damage from getting keyed and fire damage. The maximum payout your auto insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Collision protection

Collision coverage covers damage to your Compass resulting from colliding with an object or car. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers claims such as hitting a parking meter, damaging your car on a curb and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. You can also choose a higher deductible in order to get cheaper collision rates.

At the end of the day…

Affordable 2013 Jeep Compass insurance is definitely available on the web and also from your neighborhood agents, and you need to comparison shop both to get a complete price analysis. There are still a few companies who may not provide you the ability to get quotes online and many times these regional insurance providers only sell through independent insurance agents.

We covered quite a bit of information on how to save on insurance. The key concept to understand is the more price quotes you have, the more likely it is that you will get a better rate. You may be surprised to find that the most savings is with an unexpected company. Regional companies may often insure only within specific states and give getter rates as compared to the big name companies such as State Farm or Progressive.

As you shop your coverage around, it’s very important that you do not sacrifice coverage to reduce premiums. There are many occasions where someone sacrificed liability coverage limits and found out when filing a claim that their decision to reduce coverage ended up costing them more. Your goal should be to purchase a proper amount of coverage at an affordable rate while not skimping on critical coverages.

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