How Much Does 2015 Jeep Grand Cherokee SRT Insurance Cost?

Searching for the cheapest insurance rates for your Jeep Grand Cherokee SRT? Saving money on insurance is hard for consumers not familiar with comparing rates online. You have so many choices that it can be a big hassle to find the best price.

If you have car insurance now, you should be able to reduce your rates substantially using this strategy. This article will familiarize you with how to get online quotes and some money-saving tips. Nevertheless, drivers must know how the larger insurance companies determine prices because it can help you find the best coverage.

Insurance Coverage Prices

To find the best insurance coverage prices, there are several ways to compare rate quotes and find the best price. The easiest way to find the cheapest 2015 Jeep Grand Cherokee SRT insurance rates consists of shopping online. This can be done in several different ways.

  1. Probably the best way consumers can analyze rates is a comparison rater form click here to open form in new window. This method prevents you from having to do separate quote forms for each company you want a rate for. A single form gets you coverage quotes from multiple low-cost companies. Recommended for those who want to invest the least amount of time.
  2. A harder way to obtain and compare quotes online requires a trip to each company’s website and request a quote. For sake of this example, we’ll assume you want to compare rates from Allstate, Liberty Mutual and Farmers. To find out each rate you need to visit each site and enter your policy data, and that’s why the first method is more popular.

    For a handy list of car insurance company links in your area, click here.

  3. The most time-consuming method of comparing rate quotes is to spend time driving to local insurance agencies. The internet can eliminate the need for a local agent unless you have a need for the personal advice of a local agent. Drivers can price shop your coverage online and still use a local agent and we’ll talk about that later.

However you get your quotes, ensure you are comparing apples-to-apples quote information for every quote you compare. If each company quotes different liability limits you will not be able to determine the best price for your Jeep Grand Cherokee SRT. Just a small difference in coverage limits may result in a large different in cost. And when comparing insurance coverage rates, know that quoting more provides better odds of finding the best price.

Cut your insurance coverage rates with discounts

Companies do not advertise every available discount very well, so here is a list both the well known and also the lesser-known discounts you could be receiving.

  • Organization Discounts – Belonging to certain professional organizations may earn a discount on insurance coverage for Grand Cherokee SRT insurance.
  • Defensive Driving Course – Taking a defensive driving course could cut 5% off your bill and easily recoup the cost of the course.
  • Distant Student – Kids in college living away from home attending college and do not have access to a covered vehicle may be able to be covered for less.
  • Discount for Swiching Early – Select companies give a discount for switching policies before your current policy expires. The savings is around 10%.
  • Payment Discounts – If you pay your entire premium ahead of time instead of paying each month you could save up to 5%.
  • Save over 55 – Older drivers may qualify for reduced rates for Grand Cherokee SRT insurance.
  • Sign Online – A few companies will give a small break just for signing your application digitally online.

Keep in mind that most discounts do not apply to your bottom line cost. Some 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, insurance coverage companies aren’t that generous.

Car insurance companies who might offer some of the above discounts are:

Check with each insurance company which discounts you may be entitled to. Some discounts may not apply in your state.

Why you might be paying too much to insure your Jeep Grand Cherokee SRT

It’s important that you understand some of the elements that go into determining your insurance coverage rates. When you know what positively or negatively determines base rates enables informed choices that will entitle you to better insurance coverage rates.

Listed below are some of the factors insurance coverage companies consider when setting prices.

  • What are your deductibles? – Physical damage coverage, termed comprehensive and collision coverage on your policy, protects your Jeep from damage. A few examples of covered claims are running into the backend of another car, vandalism, and windstorm damage. The deductibles are the amount of money you are willing to pay out-of-pocket in the event of a claim. The higher the amount you have to pay, the less your company will charge you for insurance for Grand Cherokee SRT insurance.
  • Your car’s features help determine rates – Owning a car with anti-theft technology or alarm system can get you a discount on your insurance coverage. Theft prevention features such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can help prevent auto theft.
  • No coverage gaps is important – Driving without insurance is illegal and you will pay a penalty because you let your insurance expire. And not only will your rates increase, but not being able to provide proof of insurance will 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.
  • Teen drivers pay high rates – Mature drivers are viewed as being more responsible, file fewer claims and get fewer tickets. Teenage drivers have a tendency to be less responsible in a vehicle and because of this, their insurance coverage rates are much higher.
  • More than one policy can earn a discount – The majority of insurers will award you with lower prices to insureds who consolidate policies with them. It’s known as a multi-policy discount. Discounts can add up to five, ten or even twenty percent. Even with this discount, you may still want to shop around to make sure you are getting the best deal. Consumers may find a better deal by splitting coverages up.

You are unique and your auto insurance should be too

When choosing the right insurance coverage, there really is no “best” method to buy coverage. Each situation is unique.

For instance, these questions can help discover if your insurance needs might need professional guidance.

  • What is the rate difference between pleasure use and commuting?
  • When would I need additional glass coverage?
  • Is a blown tire covered by insurance?
  • Does coverage extend to my business vehicle?
  • How do I file an SR-22 for a DUI in my state?
  • Can I still get insurance after a DUI?
  • Should I have a commercial auto policy?
  • When should my teen driver be added to my policy?

If you’re not sure about those questions but you think they might apply to your situation 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.

Car insurance coverage breakdown

Understanding the coverages of a car insurance policy can be of help when determining the best coverages for your vehicles. The terms used in a policy can be confusing and nobody wants to actually read their policy.

Liability car insurance

This protects you from injuries or damage you cause to people or other property that is your fault. This insurance protects YOU from claims by other people. Liability doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see liability limits of 25/50/25 that means you have a limit of $25,000 per injured person, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage protects against claims such as loss of income, funeral expenses, attorney fees and legal defense fees. How much coverage you buy is a personal decision, but consider buying as large an amount as possible.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage provides protection when other motorists either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and also any damage incurred to your Jeep Grand Cherokee SRT.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea.

Auto collision coverage

Collision coverage pays for damage to your Grand Cherokee SRT caused by collision with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims such as colliding with a tree, driving through your garage door, crashing into a building, sustaining damage from a pot hole and scraping a guard rail. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

Comprehensive coverages

This coverage will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as fire damage, a broken windshield and hitting a bird. The maximum amount your car insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Coverage for medical payments

Med pay and PIP coverage kick in for short-term medical expenses for things like prosthetic devices, hospital visits and doctor visits. They can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants in addition to if you are hit as a while walking down the street. PIP coverage is not available in all states and may carry a deductible

Save for a rainy day

Cheaper 2015 Jeep Grand Cherokee SRT insurance can be sourced from both online companies as well as from independent agents, so compare prices from both to have the best selection. Some auto insurance companies don’t offer online price quotes and many times these small, regional companies only sell through independent insurance agents.

As you go through the steps to switch your coverage, make sure you don’t skimp on critical coverages to save a buck or two. In many instances, someone sacrificed liability limits or collision coverage only to find out that it was a big mistake. The proper strategy is to buy the best coverage you can find at the best price while still protecting your assets.

In this article, we covered a lot of ways to lower your insurance rates. The key concept to understand is the more rate quotes you have, the higher the chance of saving money. Consumers could even find that the best prices are with the least-expected company.

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