Are you looking for a better way to compare low-cost Jeep Grand Cherokee insurance in Tulsa? I can't think of a single person who looks forward to paying premiums for car insurance, especially when they know the cost is too high.
It's easy to assume that car insurance companies want to keep you from shopping around. Consumers who get comparison quotes once a year will presumably switch to a new company because they have a good chance of finding a lower rate. A recent study showed that consumers who faithfully checked for cheaper rates saved on average $70 a month as compared to drivers who don't regularly compare prices.
If finding budget-friendly auto insurance is your objective, understanding how to get rate quotes and compare car insurance can help you be more efficient.
How to find the cheapest rates for Jeep Grand Cherokee insurance in Tulsa
The easiest way to find low-cost auto insurance rates is to make a habit of regularly comparing prices from insurers who provide car insurance in Tulsa. This can be done by following these guidelines.
Step 1: Read and learn about individual coverages and the changes you can make to prevent rate increases. Many policy risk factors that cause rate increases like accidents, traffic tickets, and a negative credit rating can be remedied by making small lifestyle or driving habit changes.
Step 2: Compare price quotes from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can give quotes from a single company like Progressive or Farmers Insurance, while agents who are independent can give you price quotes from multiple companies.
Step 3: Compare the price quotes to your current policy premium to see if a cheaper price is available. If you find a better price, make sure the effective date of the new policy is the same as the expiration date of the old one.
The most important part of shopping around is to use the same level of coverage on each quote and and to analyze as many car insurance companies as possible. This helps ensure the most accurate price comparison and a complete rate analysis.
People have many insurers to purchase coverage from, and although it's nice to have a selection, it can be more difficult to compare rates and find the lowest cost car insurance.
Consumers should take time to get comparison quotes before your policy renews since insurance prices are usually higher with each renewal. Just because you found the best price on Jeep Grand Cherokee insurance in Tulsa two years ago you can probably find a lower rate today. Forget all the misinformation about car insurance because you're about to find out the tricks you need to know to find great coverage at a great price.
Comparing rates for cheaper protection in Tulsa is simple if you know the tricks. Practically each driver who is required to buy car insurance will most likely buy a cheaper policy. But Oklahoma vehicle owners can benefit by having an understanding of the way companies determine prices and use it to find better rates.
Insurance data for a Jeep Grand Cherokee
The coverage table shown below covers a range of policy rates for Jeep Grand Cherokee models. Having a better idea how insurance quotes are figured is important for you to make decisions when shopping your coverage around.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Grand Cherokee Laredo 2WD||$184||$360||$506||$30||$152||$1,232||$103|
|Grand Cherokee Laredo 4WD||$184||$360||$506||$30||$152||$1,232||$103|
|Grand Cherokee Limited 2WD||$208||$424||$506||$30||$152||$1,320||$110|
|Grand Cherokee Limited 4WD||$208||$424||$506||$30||$152||$1,320||$110|
|Grand Cherokee SRT-8 4WD||$208||$424||$506||$30||$152||$1,320||$110|
|Get Your Own Custom Quote Go|
Data based on single female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Oklahoma minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, safe-driver, and claim-free. Price estimates do not factor in garaging location in Tulsa which can increase or decrease rates noticeably.
Rate comparison of male drivers versus female drivers
The diagram below compares Jeep Grand Cherokee insurance prices for male and female drivers. The premiums are based on no accidents, no driving violations, comp and collision included, $500 deductibles, drivers are single, and no discounts are factored in.
Don't overlook these ten Jeep Grand Cherokee insurance discounts
Companies do not list all discounts in an easy-to-find place, so the below list has some of the best known and the harder-to-find discounts that you can inquire about if you buy Tulsa auto insurance online. If you check and find you aren't receiving every discount you qualify for, you could be getting lower rates.
- Government Employee Discount - Being employed by or retired from a federal job could qualify for a slight premium decrease with some car insurance companies.
- Professional Organizations - Affiliation with qualifying employment or professional organizations is a good way to get lower rates when shopping for car insurance.
- Payment Method - If you can afford to pay the entire bill instead of making monthly payments you may have a lower total premium amount.
- Homeowners Savings - Owning your own home or condo may trigger a policy discount on car insurance since owning and maintaining a home is proof that your finances are in order.
- Include Life Insurance and Save - Not all car insurance companies offer life insurance, but some may give you a discounted rate on car insurance if you buy auto and life insurance together.
- Discount for New Cars - Buying a new car model can save up to 30% because new model year vehicles are generally safer.
- Multi-policy Discount - If you can combine your auto and home policy and place coverage with the same company you will save as much as 10 to 15 percent.
- Seat Belts Save - Drivers who always wear seat belts and also require passengers to buckle their seat belts could save 15% on medical payment and PIP coverage.
- Early Switch Discount - Some insurance companies provide a discount for renewing your policy prior to your current Grand Cherokee insurance policy expiring. The savings is around 10%.
- Safety Course Discount - Taking a defensive driver class could save 5% or more and easily pay for the cost of the class.
One last thing about discounts, some of the credits will not apply to the whole policy. Most cut the cost of specific coverages such as physical damage coverage or medical payments. So when the math indicates having all the discounts means you get insurance for free, you aren't that lucky.
The information below illustrates the difference between Jeep Grand Cherokee car insurance costs with and without policy discounts. The prices are based on a female driver, no claims or driving violations, Oklahoma state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, homeowner, marriage, multi-policy, multi-car, and safe-driver discounts applied.
Larger car insurance companies and their offered discounts are:
- Farmers Insurance offers discounts for homeowner, mature driver, youthful driver, alternative fuel, and pay in full.
- Esurance has savings for homeowner, Pac-12 alumni, good driver, DriveSense, safety device, and paid-in-full.
- State Farm discounts include driver's education, accident-free, anti-theft, student away at school, and multiple autos.
- GEICO offers discounts including driver training, federal employee, defensive driver, seat belt use, and multi-vehicle.
- Allstate may include discounts for auto/life discount, resident student, senior citizen, FullPay discount, safe driver, EZ pay plan discount, and new car.
When getting a coverage quote, ask every insurance company which discounts you qualify for. All car insurance discounts may not apply to policyholders in Tulsa. If you would like to see a list of providers that offer some of these discounts in Tulsa, click here to view.
Information about specific coverages
Having a good grasp of insurance can be of help when determining appropriate coverage and the correct deductibles and limits. The terms used in a policy can be difficult to understand and reading a policy is terribly boring. Listed below are typical coverage types found on most insurance policies.
Medical payments and PIP coverage - Coverage for medical payments and/or PIP kick in for short-term medical expenses for EMT expenses, X-ray expenses, rehabilitation expenses, chiropractic care and funeral costs. They can be used in conjunction with a health insurance plan or if there is no health insurance coverage. They cover all vehicle occupants and also covers any family member struck as a pedestrian. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage
Auto liability - This will cover damages or injuries you inflict on other people or property by causing an accident. Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see limits of 25/50/25 which means $25,000 bodily injury coverage, $50,000 for the entire accident, and property damage coverage for $25,000. Another option is a combined limit which provides one coverage limit rather than limiting it on a per person basis.
Liability can pay for claims such as repair bills for other people's vehicles, medical services and repair costs for stationary objects. How much coverage you buy is up to you, but you should buy as high a limit as you can afford. Oklahoma requires minimum liability limits of 25/50/25 but you should think about purchasing better liability coverage.
The next chart shows why buying the state minimum limits may not be high enough to adequately cover claims.
Comprehensive auto coverage - This will pay to fix damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.
Comprehensive coverage protects against things such as hail damage, damage from a tornado or hurricane and fire damage. The most your insurance company will pay is the ACV or actual cash value, so if the vehicle's value is low consider removing comprehensive coverage.
UM/UIM (Uninsured/Underinsured Motorist) coverage - This coverage protects you and your vehicle's occupants from other drivers when they do not carry enough liability coverage. It can pay for injuries sustained by your vehicle's occupants and also any damage incurred to your Jeep Grand Cherokee.
Since a lot of drivers have only the minimum liability required by law (25/50/25), it doesn't take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important. Usually these limits are similar to your liability insurance amounts.
Collision coverage - Collision insurance will pay to fix damage to your Grand Cherokee resulting from colliding with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.
Collision insurance covers things like crashing into a ditch, colliding with another moving vehicle and backing into a parked car. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. It's also possible to raise the deductible on your Grand Cherokee to get cheaper collision coverage.
Smart shoppers get results
We've covered a lot of information how to lower your Jeep Grand Cherokee insurance rates in Tulsa. The key thing to remember is the more companies you get car insurance rates for, the better chance you'll have of finding affordable Jeep Grand Cherokee insurance quotes. You may even discover the best price on auto insurance is with some of the smallest insurance companies. These companies may have significantly lower car insurance rates on certain market segments than the large multi-state companies such as State Farm and Allstate.
Some auto insurance companies may not provide rates over the internet and usually these regional carriers only sell through independent insurance agencies. Affordable Jeep Grand Cherokee insurance in Tulsa can be bought from both online companies and also from your neighborhood Tulsa agents, and you need to comparison shop both to get a complete price analysis.
Steps to saving on Jeep Grand Cherokee insurance in Tulsa
If you want to save money, the best way to save money on auto insurance rates in Tulsa is to compare quotes annually from insurers in Oklahoma.
Step 1: Read and learn about coverages and the things you can change to lower rates. Many risk factors that are responsible for high rates such as at-fault accidents, careless driving, and a negative credit history can be rectified by making minor driving habit or lifestyle changes.
Step 2: Request price quotes from direct, independent, and exclusive agents. Exclusive agents and direct companies can give quotes from one company like Progressive or State Farm, while agents who are independent can provide prices for a wide range of companies. Select a company
Step 3: Compare the new rates to the premium of your current policy to see if a cheaper price is available in Tulsa. If you find better rates and change companies, make sure there is no coverage gap between policies.
One piece of advice is to make sure you're comparing the same physical damage deductibles and liability limits on every quote request and and to get rate quotes from every insurance company. This guarantees a level playing field and a better comparison of the market.
Much more information about auto insurance in Oklahoma is available at the links below
- How Much Auto Coverage do I Need? (Insurance Information Institute)
- Who Has Affordable Car Insurance Rates for Unemployed Drivers in Tulsa? (FAQ)
- Who Has Affordable Car Insurance for Welfare Recipients in Tulsa? (FAQ)
- Who Has Affordable Tulsa Auto Insurance Rates for Safe Drivers? (FAQ)
- Prepare your Teens for Safe Driving (InsureUonline.org)
- What is Full Coverage? (Allstate)
- Think You're a Safe Driver? (State Farm)