Jeep Grand Cherokee Insurance Rates in Virginia Beach

How many times have you told yourself it’s time to shop around for cheaper auto insurance rates in Virginia Beach, VA? Virginia Beach consumers have lots of choices when looking for affordable Jeep Grand Cherokee insurance. You can either waste hours struggling with agents to compare prices or save time using the internet to make rate comparisons.

There are both good and bad ways to compare auto insurance rates so you’re going to learn the best way to get price quotes for a new or used Jeep and locate the cheapest rates either online or from Virginia Beach insurance agents.

It’s safe to conclude that car insurance companies don’t want their policyholders to compare prices. People who get price quotes annually will presumably move their business because of the high probability of finding coverage at a more affordable price. A study showed that consumers who made a habit of comparing rates saved over $3,400 over four years as compared to drivers who never shopped around for lower prices.

If saving money on car insurance is your objective, then learning a little about how to quote and compare cheaper coverage can save time, money, and frustration.

Smart consumers take time to get comparison quotes before your next renewal because prices are adjusted regularly by insurance companies. If you had the lowest rate on Jeep Grand Cherokee insurance in Virginia Beach a year ago you will most likely find a better premium rate today. Forget anything you know (or think you know) about auto insurance because you’re about to find out one of the quickest ways to eliminate unnecessary coverages and save money on Jeep Grand Cherokee insurance in Virginia Beach.

Jeep Grand Cherokee coverage analysis

The premium information below covers different coverage costs for Jeep Grand Cherokee models. Understanding more about how auto insurance prices are determined helps drivers make informed decisions.

Above prices assume married male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Virginia minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, claim-free, and safe-driver. Price estimates do not factor in specific garaging location which can increase or decrease premium rates significantly.

How high should deductibles be?

When comparing insurance rates, the most common question is which deductible level should you buy. The following tables may help to illustrate how much more rates are between high and low insurance deductibles. The first data table uses a $100 deductible for comprehensive and collision coverage and the second data table uses a $1,000 deductible.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Virginia minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, claim-free, and homeowner. Information does not factor in zip code location which can impact auto insurance rates significantly.

Based on the data above, we can derive that using a $100 deductible will cost you approximately $28 more each month or $336 each year than choosing the higher $1,000 deductible. Because you would pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you tend to have at a minimum 32 months between claim filings, you would save more money if you choose the higher deductible.

An important thing to remember is that raising deductibles to get cheaper rates means you will have to pay more out-of-pocket when you do file a claim. It will be required that you have a higher level of savings in the event you need to pay more to get your vehicle repaired.

The diagram below demonstrates how choosing different deductibles and can raise or lower Jeep Grand Cherokee insurance premiums for different age groups of insureds. Data assumes a married female driver, comp and collision included, and no policy discounts are applied.

Gender-based insurance rates

The diagram below shows the difference between Jeep Grand Cherokee insurance costs for male and female drivers. The data assumes a clean driving record, no at-fault accidents, comp and collision included, $500 deductibles, single marital status, and no discounts are taken into consideration.

Jeep Grand Cherokee Insurance Price Factors

Many factors are part of the calculation when quoting car insurance. Some are pretty understandable like an MVR report, but other factors are less obvious like your vehicle usage and annual miles driven.

The following are a few of the “ingredients” used by companies to determine rates.

• Save money with alarm systems – Choosing to buy a car with a theft deterrent system can earn a premium discount. Theft prevention features like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder auto theft.
• Do you know you’re credit rating? – Credit rating factor in determining your rates. Insureds with excellent credit tend to be better risks to insure than drivers who have bad credit. So if your credit could use some work, you could potentially save money when insuring your Jeep Grand Cherokee by repairing your credit.

• Don’t get traffic citations – Being a careful driver has a huge affect on how much you pay. Having just one citation can increase the cost of insurance forty percent or more. Careful drivers have lower premiums compared to drivers with tickets. Drivers unfortunate enough to have flagrant tickets like DUI or willful reckless driving may face state-mandated requirements to prove financial responsibility with their state in order to continue driving.

  The diagram below demonstrates how traffic citations and accident claims can affect Jeep Grand Cherokee car insurance rates for different ages of insureds. The premiums assume a single male driver, comp and collision included, $100 deductibles, and no discounts are applied to the premium.

• Low mileage costs less – Driving more miles each year the more it will cost to insure it. The majority of insurers price each vehicle’s coverage based on their usage. Vehicles that sit idle most of the time receive lower rates than those used for commuting. Ask your agent if your declarations sheet is showing annual mileage. Incorrect rating for your Grand Cherokee can result in significantly higher rates.
• How much liability – A critical coverage on your policy, liability insurance will protect you in the event that a court rules you are at fault for causing damage or personal injury in an accident. It provides you with a defense in court which can cost a lot. This coverage is relatively inexpensive compared to insuring for physical damage coverage, so drivers should make sure they buy enough to cover all assets.

• Insurance loss data for a Jeep Grand Cherokee – Companies take into consideration historical loss data for every vehicle to calculate a price that offsets possible losses. Vehicles that the data determines to have higher claim amounts or frequency will cost more for specific coverages.

  The table below illustrates the insurance loss data used by companies for Jeep Grand Cherokee vehicles. For each coverage type, the claim amount for all vehicles compiled together is equal to 100. Numbers under 100 suggest a positive loss record, while values that are above 100 indicate higher probability of having a loss or an increased probability of a larger loss.

  
  

  Jeep Grand Cherokee Insurance Claim Statistics

  Vehicle Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Jeep Grand Cherokee 4dr 2WD	81	111	71	62	60	94
  Jeep Grand Cherokee 4dr 4WD	91	112	98	67	63	89

  BETTER

  AVERAGE

  WORSE

  Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Be persistent to save money

When you buy Virginia Beach auto insurance online, do not sacrifice coverage to reduce premiums. There are a lot of situations where an accident victim reduced physical damage coverage to discover at claim time that the savings was not a smart move. Your goal is to purchase a proper amount of coverage at the best cost, but don’t skip important coverages to save money.

Cheaper car insurance in Virginia Beach is definitely available on the web and from local insurance agents, so get free Virginia Beach auto insurance quotes from both of them to get a complete price analysis. Some car insurance companies do not provide online quoting and usually these regional carriers only sell through independent agents.

In this article, we covered some good ideas how you can reduce Jeep Grand Cherokee insurance auto insurance rates online in Virginia Beach. The key thing to remember is the more rate quotes you have, the more likely it is that you will get a better rate. You may even find the lowest auto insurance rates come from a company that doesn’t do a lot of advertising.

How to buy low-cost Jeep Grand Cherokee insurance in Virginia Beach

Truthfully, the best way to quote cheaper car insurance rates is to compare prices at least once a year from insurance carriers in Virginia Beach.

1. Read about how auto insurance works and the changes you can make to prevent high rates. Many rating criteria that are responsible for high rates such as traffic citations and a poor credit rating can be eliminated by paying attention to minor details.
2. Get rate quotes from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can give quotes from one company like Progressive or Farmers Insurance, while independent agents can quote prices from multiple insurance companies.
3. Compare the new rate quotes to the price on your current policy to see if a cheaper price is available in Virginia Beach. If you can save some money and buy the policy, ensure there is no coverage lapse between policies.
4. Provide notification to your current agent or company to cancel your current policy and submit any necessary down payment along with the completed application for your new policy. Once received, safely store the proof of insurance certificate above your visor, in the console, or in the glove compartment.

An important bit of advice to remember is that you’ll want to compare identical limits and deductibles on every price quote and and to get price estimates from as many companies as feasibly possible. Doing this provides the most accurate price comparison and and a good selection of different prices.

Additional car insurance information is available on the following sites:

• What Determines the Price of My Auto Insurance Policy? (Insurance Information Institute)
• Who Has Cheap Auto Insurance for a Toyota Tacoma in Virginia Beach? (FAQ)
• What Car Insurance is Cheapest for a Toyota Highlander in Virginia Beach? (FAQ)
• Who Has Cheap Virginia Beach Auto Insurance Quotes for First-time Drivers? (FAQ)
• Who Has the Cheapest Car Insurance Quotes for Drivers with Good Credit in Virginia Beach? (FAQ)
• Who Has Affordable Virginia Beach Auto Insurance for Single Moms? (FAQ)
• Who Has Cheap Car Insurance Rates for a Chevrolet Equinox in Virginia Beach? (FAQ)
• Who Has Cheap Virginia Beach Auto Insurance for Drivers Under 25? (FAQ)
• Who Has Cheap Virginia Beach Car Insurance for High School Students? (FAQ)
• Preventing Carjacking and Theft (Insurance Information Institute)
• If I File a Claim will My Insurance Go Up? (Insurance Information Institute)