Jeep Grand Cherokee Insurance Rates in Kansas City

Trying to find cheaper car insurance rates in Kansas City, MO? Kansas City buyers have a choice when searching for affordable Jeep Grand Cherokee insurance. They can either spend hours struggling with agents to compare prices or use the internet to make rate comparisons. There is a better way to shop for car insurance so we’re going to tell you the best way to price shop coverage for a new or used Jeep and find the lowest price from Kansas City insurance agents and online providers.

Consumers should take time to get comparison quotes at least once a year because prices are rarely the same from one policy term to another. Even if you got the best deal on Jeep Grand Cherokee insurance in Kansas City six months ago there may be better deals available now. Forget anything you know (or think you know) about car insurance because you’re about to find out one of the best ways to save money, get proper deductibles and limits, all at the lowest rate.

If you have a current car insurance policy or just want cheaper coverage, use these techniques to save money without sacrificing coverage. The intent of this article is to familiarize you with how car insurance works. Drivers just need to learn the tricks to get comparison quotes online from multiple companies.

Components of Your Jeep Grand Cherokee Insurance Premiums

The best way to find cheaper auto insurance is to take a look at the factors that are used to determine the rates you pay for auto insurance. If you understand what impacts premium levels, this allows you to make educated decisions that could result in lower auto insurance prices. Multiple criteria are taken into consideration when pricing auto insurance. A few of the factors are predictable such as your driving record, but other factors are not quite as obvious like your continuous coverage or your vehicle rating.

• Single vs. married – Having a significant other actually saves money compared to being single. Having a significant other translates into being more financially stable and insurance companies reward insureds because married drivers tend to have fewer serious accidents.

• Women tend to cost less – Over the last 30 years, statistics show women are more cautious behind the wheel. That doesn’t necessarily mean that females are better at driving than males. Both sexes are in auto accidents in similar numbers, but guys cause more damage and cost insurance companies more money. Not only that, but men also get more serious tickets like DUI and reckless driving.

  The information below shows the comparison of Jeep Grand Cherokee car insurance costs for male and female drivers. The data is based on no accidents, no driving violations, full physical damage coverage, $500 deductibles, drivers are single, and no other discounts are factored in.

• Auto insurance policy lapses increase rates – Not maintaining insurance is against the law and companies may charge more for letting your insurance lapse for non-payment. Not only will you pay higher rates, failure to provide proof of insurance can result in a revoked license or a big fine.
• Consider raising deductibles – Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, helps pay for damage to your vehicle. Some examples of claims that would be covered are a windshield shattered by a rock, hail damage, and damage caused by flying debris. The deductibles are the amount of money the insured will be required to pay in the event of a claim. The more damage repair cost the insured has to pay upfront, the lower your rates will be.

• Traffic violations mean higher premiums – Your driving record impacts your car insurance rates tremendously. Attentive drivers have lower premiums compared to bad drivers. Having just one speeding ticket or other violation can increase rates by twenty percent. Drivers with flagrant citations such as DWI, reckless driving or hit and run convictions may find they need to submit a SR-22 or proof of financial responsibility with their state DMV in order to continue driving.

  The example below illustrates how traffic citations and at-fault collisions increase Jeep Grand Cherokee car insurance rates for each age group. The premium estimates are based on a married male driver, full physical damage coverage, $250 deductibles, and no additional discounts are factored in.

• File claims and pay more – If you tend to file frequent claims, you should expect much higher rates or policy non-renewal. Car insurance companies in Missouri award better rates to drivers who do not rely on their insurance for small claims. Auto insurance is intended to be relied upon for major claims that would cause financial hardship.
• Save money by having good credit – Your credit rating can be a huge factor in calculating your premium rate. So if your credit history can use some improvement, you could be paying less to insure your Jeep Grand Cherokee if you improve your credit rating. Insureds with very good credit scores tend to file fewer claims and have better driving records than drivers who have poor credit.
• Theft deterrents systems cut rates – Owning a car with anti-theft technology or alarm system can get you a discount on your auto insurance. Advanced theft deterrents like vehicle immobilizer systems, OnStar, and tracking devices like LoJack can help prevent auto theft and help lower rates.

• Jeep Grand Cherokee historical loss data – Insurers analyze claim trends for every vehicle as a way to help calculate a profitable premium price. Vehicles that the data shows to have a higher amount or frequency of claims will have a higher cost to insure. The next table illustrates the compiled insurance loss statistics for Jeep Grand Cherokee vehicles.

  For each policy coverage, the statistical loss for all vehicles compiled together is set at 100. Numbers below 100 suggest a better than average loss history, while values that are 100 or greater indicate frequent claims or tendency to have larger claims.

  
  

  Jeep Grand Cherokee Insurance Loss Statistics

  Vehicle Make and 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 from IIHS.org for 2013-2015 Model Years

Insurance rate breakdown

The coverage table shown next highlights a range of insurance costs for Jeep Grand Cherokee models. Being aware of how insurance policy premiums are formulated can benefit drivers when making smart policy decisions.

Data variables include married female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Missouri minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, homeowner, and claim-free. Rate information does not factor in specific location which can affect price quotes significantly.

Can higher deductibles save money?

A question often asked by Kansas City drivers is how high should the physical damage deductibles be. The tables below can help show the cost difference when you buy lower versus higher insurance deductibles. The first pricing table uses a $100 physical damage deductible and the second rate table uses a $1,000 deductible.

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Missouri minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, multi-policy, and safe-driver. Rate quotes do not factor in the specific area where the vehicle is garaged which can decrease or increase coverage prices significantly.

Using the data above, we can ascertain that using a $100 deductible costs roughly $29 more each month or $348 annually than buying the higher $1,000 deductible. Since you would have to pay $900 more to settle a claim with a $1,000 deductible as compared to a $100 deductible, if you go at a minimum 31 months between claims, you would come out ahead if you decide on a higher deductible. Here is an example of how this decision is made.

One important issue to know is that increasing deductibles to save money results in more money out-of-pocket if you have a claim. That will necessitate enough money stashed away in order to pay the deductible for vehicle repair.

Full coverage versus liability only rates

The diagram below illustrates the difference between Jeep Grand Cherokee car insurance rates with full coverage compared to only the Missouri minimum liability coverage. The price estimates are based on no tickets, no at-fault accidents, $500 deductibles, marital status is single, and no discounts are factored in.

When to eliminate full coverage

There isn’t a written rule to stop paying for comprehensive and collision coverage on your policy, but there is a general guideline you can use. If the annual cost of coverage is more than around 10% of the replacement cost minus the deductible, then you may want to consider only buying liability coverage.

For example, let’s pretend your Jeep Grand Cherokee settlement value is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most you would get paid by your company is $8,000 after paying the physical damage deductible. If you are currently paying more than $800 a year for physical damage coverage, then it might be time to consider dropping full coverage.

There are some scenarios where eliminating full coverage is not recommended. If you still owe money on your vehicle, you have to carry full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you cannot afford to purchase a different vehicle if your current one is totaled, you should keep full coverage on your policy.

Discount Kansas City car insurance quotes

Insurance can cost an arm and a leg, but there could be available discounts to help offset the cost. Some discounts apply automatically at the time of quoting, but once in a while a discount must be specifically requested before they will apply.

• Multi-line Discount – Some companies give a lower rate if you buy a life insurance policy as well.
• No Charge for an Accident – Not a discount per se, but some insurance companies will forgive one accident without the usual rate increase if your claims history is clear prior to the accident.
• 55 and Retired – If you’re over the age of 55, you are able to get a small discount on rates.
• Policy Bundle Discount – When you combine your homeowners and auto insurance with one insurance company you may save up to 20% off your total Grand Cherokee insurance premium.
• Drive Safe and Save – Insureds without accidents could pay up to 40% less than drivers with accident claims.

Remember that most discount credits are not given to the entire cost. Some only apply to specific coverage prices like comp or med pay. So even though you would think you can get free auto insurance, it’s just not the way it works. But all discounts will help reduce your overall premium however.

The illustration below illustrates the difference between Jeep Grand Cherokee insurance prices with and without discounts applied. The premiums assume a female driver, no accidents or driving violations, Missouri state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, claim-free, safe-driver, homeowner, marriage, and multi-policy discounts applied.

Insurance companies that may offer policyholders some of the discounts shown above may include but are not limited to:

• GEICO
• SAFECO
• State Farm
• MetLife
• 21st Century
• Progressive

When getting a coverage quote, ask each company which discounts you qualify for. Some of the discounts discussed earlier may not apply in Kansas City. To choose insurers that offer discounts in Kansas City, click here to view.

Quote often and quote early

The cheapest Jeep Grand Cherokee insurance in Kansas City is attainable both online and also from your neighborhood Kansas City agents, and you should be comparing both so you have a total pricing picture. A few companies may not offer online rate quotes and most of the time these regional carriers only sell coverage through independent agents.

As you prepare to switch companies, make sure you don’t reduce needed coverages to save money. There have been many situations where consumers will sacrifice comprehensive coverage or liability limits and discovered at claim time that their decision to reduce coverage ended up costing them more. The goal is to get the best coverage possible at an affordable rate, but do not skimp to save money.

How to find the cheapest rates for Jeep Grand Cherokee insurance in Kansas City

The best way we recommend to get the cheapest car insurance rates is to annually compare prices from companies who sell auto insurance in Kansas City. You can compare rates by following these steps.

First, take a little time to learn about how companies price auto insurance and the changes you can make to keep rates down. Many rating criteria that cause rate increases like traffic violations, accidents, and your credit history can be controlled by making lifestyle changes or driving safer.

Second, compare price quotes from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only quote rates from one company like GEICO and State Farm, while agents who are independent can quote rates for many different companies.

Third, compare the quotes to your existing coverage and determine if there is any savings. If you find better rates, make sure the effective date of the new policy is the same as the expiration date of the old one.

Fourth, give notification to your agent or company of your intention to cancel your current auto insurance policy. Submit the application along with any required down payment to the new insurer. When you receive it, put the proof of insurance certificate in an accessible location in your vehicle.

A valuable tip to remember is to make sure you enter the same deductibles and limits on each price quote and and to get rates from as many car insurance companies as possible. Doing this ensures a level playing field and a complete price analysis.

Other resources

• Comprehensive Coverage (Liberty Mutual)
• How Much is Car Insurance for Seniors in Kansas City? (FAQ)
• What Insurance is Cheapest for Real Estate Agents in Kansas City? (FAQ)
• What Auto Insurance is Cheapest for a Toyota Tacoma in Kansas City? (FAQ)
• How Much is Kansas City Auto Insurance After a Speeding Ticket? (FAQ)
• Who Has Affordable Auto Insurance for 16 Year Olds in Kansas City? (FAQ)
• Who Has Affordable Kansas City Car Insurance Quotes for Young Drivers? (FAQ)
• Understanding Rental Car Insurance (Insurance Information Institute)
• Air Bags: Potential Dangers to Your Children (Insurance Information Institute)