Save Money on Jeep Compass Insurance in Los Angeles

Want a free price quotes on more competitive Jeep Compass insurance in Los Angeles? No normal person looks forward to paying for insurance, in particular when their premiums are through the roof.

We don’t have to tell you that car insurance companies want to keep you from comparing rates. Consumers who shop around are likely to buy a different policy because they stand a good chance of finding lower prices. A recent survey revealed that drivers who shopped around saved as much as $72 a month as compared to drivers who never compared prices.

If finding the cheapest price on auto insurance in Los Angeles is your target objective, knowing how to compare coverage rates can make it easier to shop your coverage around.

Numerous car insurance companies battle to insure your vehicles, and because of this it can be hard to compare car insurance companies to find the absolute lowest price on Jeep Compass insurance in Los Angeles.

If you’re already insured, you will be able to save money using the ideas covered in this article. Finding the cheapest car insurance coverage in Los Angeles is much easier if you have a good place to start. But California drivers must understand the way companies market on the web and use this information to your advantage.

Most larger insurance companies allow you to get pricing on their websites. Getting online rates for Jeep Compass insurance in Los Angeles is pretty painless as you just type in your coverage preferences as requested by the quote form. When complete, their system sends out for credit information and your driving record and generates a price determined by many factors. Using the web to get quotes for Jeep Compass insurance in Los Angeles makes it simple to compare prices and it’s necessary to perform this step in order to get the most affordable premium on insurance.

To quickly find out how much you can save on insurance, check out the insurance providers below. If you have your current policy handy, we recommend you duplicate deductibles and limits identical to your current policy. This way, you’re receiving a fair comparison for similar insurance coverage.

The car insurance companies shown below offer quotes in Los Angeles, CA. If multiple providers are shown, it’s a good idea that you visit as many as you can in order to get a fair rate comparison.

Companies offer many types of discounts on Jeep Compass insurance in Los Angeles

Car insurance is not cheap, but discounts can save money and there are some available to cut the cost considerably. Some discounts will apply at quote time, but a few must be inquired about prior to receiving the credit. If they aren’t giving you every credit you deserve, you are paying more than you should be.

• Professional Memberships – Joining a civic or occupational organization in Los Angeles could trigger savings when shopping for car insurance.
• Senior Discount – Drivers over the age of 55 may qualify for reduced rates.
• Bundle and Save – When you have multiple policies and place coverage with the same company you could earn a discount of at least 10 to 15 percent or more.
• Air Bags and Passive Restraints – Factory options such as air bags may earn rate discounts up to 30%.
• Accident Forgiveness – Not really a discount, but some companies like Allstate, Progressive, and GEICO will turn a blind eye to one accident without getting socked with a rate hike with the catch being you have to be claim-free prior to the accident.
• Discounts for New Vehicles – Insuring a vehicle that is new can cost up to 25% less because new vehicles are generally safer.
• Full Payment Discount – If you pay your entire premium ahead of time instead of paying each month you could save 5% or more.
• Renewal Discounts – Select car insurance companies give a discount for switching to them prior to your current Compass insurance policy expiration. You may see this discount when you get Los Angeles car insurance quotes online.
• Paper-free Discount – A few larger online companies may give you up to $50 for completing your application on their website.
• ABS and Traction Control Discounts – Cars and trucks that have anti-lock braking systems are much safer to drive so companies give up to a 10% discount.

Don’t be shocked that most of the big mark downs will not be given to the overall cost of the policy. Most only cut the price of certain insurance coverages like comprehensive or collision. So even though they make it sound like you would end up receiving a 100% discount, it just doesn’t work that way.

The information below illustrates the comparison of Jeep Compass car insurance rates with and without discounts applied to the policy premium. The premium estimates are based on a female driver, no violations or claims, California state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-car, marriage, multi-policy, safe-driver, and claim-free discounts applied.

To find companies that offer multiple discounts in California, click this link.

Analysis of Jeep Compass rates

The table displayed next showcases detailed analysis of insurance rates for Jeep Compass models. Understanding how premiums are calculated is important for drivers to make smart choices when comparing insurance quotes.

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, multi-policy, and claim-free. Table data does not factor in the specific area where the vehicle is garaged which can increase or decrease coverage rates considerably.

Physical damage deductible comparison

When buying car insurance, a common question is which deductibles should you choose. The comparisons below may help to illustrate the rate differences when you buy lower versus higher deductibles. The first set of rates uses a $250 deductible for comp and collision and the second rate table uses a $1,000 deductible.

Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, safe-driver, and multi-policy. Table data does not factor in the specific area where the vehicle is garaged which can lower or raise insurance rates greatly.

We can derive from the above data that using a $250 deductible will cost you about $30 more each month or $360 annually averaged for all Compass models than selecting the higher $1,000 deductible. Since the policyholder would be required to pay $750 more out-of-pocket with a $1,000 deductible as compared to a $250 deductible, if you normally go at least 25 months between claims, you would probably be better off if you elect the higher deductible.

Age, gender, and Jeep Compass insurance

The diagram below compares Jeep Compass insurance rates for male and female drivers. The prices are based on no accidents, no driving violations, full physical damage coverage, $1,000 deductibles, drivers are single, and no policy discounts are applied.

Price comparison of only insuring for liability

The illustration below shows the comparison of Jeep Compass insurance prices with and without physical damage coverage. The premiums assume no driving violations, no at-fault accidents, $500 deductibles, marital status is single, and no discounts are taken into consideration.

When to drop comp and collision

There is no exact rule of when to drop comp and collision coverage, but there is a guideline you can use. If the annual cost of your full coverage insurance is more than 10% of replacement cost minus your deductible, then you may need to consider dropping full coverage.

For example, let’s pretend your Jeep Compass replacement cost is $3,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most your company would pay you is $2,000 after the policy deductible has been paid. If you are paying in excess of $200 annually for physical damage coverage, then it might be time to consider dropping full coverage.

There are some situations where removing full coverage is not in your best interest. If you haven’t paid off your loan, you are required to maintain full coverage in order to keep the loan. Also, if your savings is not enough to buy a different vehicle in the event your current vehicle is totaled, you should keep full coverage on your policy.

Are car insurance agents obsolete?

Many people still prefer to talk to an insurance agent. One of the best bonuses of comparing auto insurance online is you may find cheap auto insurance quotes and still have a local agent.

For easy comparison, once you complete this simple form, your coverage information is submitted to local insurance agents in Los Angeles who will give competitive quotes for your auto insurance coverage. It’s much easier because you don’t need to even leave your home since price quotes are sent immediately to your email address. It’s the lowest rates without a big time investment. If for some reason you want to compare prices from a specific auto insurance provider, don’t hesitate to find their quoting web page and fill out their quote form.

Finding the right provider needs to be determined by more than just a low price. These are some questions your agent should answer.

• Will the company cover a rental car if your car is getting fixed?
• Is the agent and/or agency licensed to do business in California?
• Does the agency provide any after hours assistance?
• Are they giving you every discount you deserve?
• How long has the business existed?
• What companies can they write with?
• How will an accident affect your rates?
• Does the company allow you to choose your own collision repair facility?

If you want to use a reliable insurance agency, it can be helpful to understand the types of agencies that you can choose from. Auto insurance agents in Los Angeles can be described as either exclusive agents or independent agents.

Exclusive Auto Insurance Agents

Agents of this type can only quote rates from one company like Farmers Insurance and State Farm. These agents are unable to provide prices from multiple companies so always compare other rates. Exclusive agents receive extensive training on their company’s products and that enables them to sell even at higher rates.

The following is a short list of exclusive agencies in Los Angeles willing to provide comparison quotes.

More insurance agents

Independent Agents

Agents that elect to be independent are normally appointed by many insurers so they can quote policies through many different auto insurance companies and potentially find a lower price. If they find a cheaper price, your agent can just switch to a different company and you stay with the same agent.

When comparison shopping, we recommend you check rates from multiple independent agents for maximum quote selection.

Shown below are Los Angeles independent agencies that are able to give comparison quotes.

More insurance agents

Information about specific coverages

Understanding the coverages of your car insurance policy can help you determine which coverages you need at the best deductibles and correct limits. Policy terminology can be ambiguous and reading a policy is terribly boring. These are the normal coverages found on the average car insurance policy.

Insurance for medical payments

Medical payments and Personal Injury Protection insurance kick in for immediate expenses such as hospital visits, X-ray expenses and doctor visits. They are often used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. It covers all vehicle occupants in addition to getting struck while a pedestrian. Personal Injury Protection is not universally available and may carry a deductible

Comprehensive coverage (or Other than Collision)

This coverage will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things like a tree branch falling on your vehicle, damage from flooding, damage from getting keyed, a broken windshield and fire damage. The highest amount your car insurance company will pay is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Liability auto insurance

This can cover damage or injury you incur to people or other property that is your fault. Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 15/30/5 which stand for $15,000 bodily injury coverage, a limit of $30,000 in injury protection per accident, and property damage coverage for $5,000.

Liability can pay for claims like attorney fees, medical services, medical expenses, pain and suffering and emergency aid. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford. California requires minimum liability limits of 15/30/5 but you should consider buying more coverage.

The illustration below demonstrates why the minimum limit may not be adequate coverage.

Collision protection

This covers damage to your Compass from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.

Collision can pay for claims such as damaging your car on a curb, colliding with another moving vehicle and crashing into a ditch. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. Another option is to increase the deductible on your Compass to save money on collision insurance.

Uninsured Motorist or Underinsured Motorist insurance

This coverage protects you and your vehicle from other motorists when they either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants as well as damage to your Jeep Compass.

Because many people only carry the minimum required liability limits (15/30/5 in California), their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Persistence pays off

We’ve covered some good ideas how you can reduce Jeep Compass insurance prices online in Los Angeles. The key concept to understand is the more rate quotes you have, the higher the chance of saving money. Consumers may even find the lowest prices are with an unexpected company. Smaller companies may only write in your state and offer lower rates compared to the large companies like GEICO and State Farm.

When trying to cut insurance costs, you should never buy less coverage just to save a little money. There have been many cases where an insured cut full coverage only to find out that it was a big mistake. Your aim should be to purchase plenty of coverage at the lowest possible cost while still protecting your assets.

Additional articles

• Should I Purchase an Umbrella Liability Policy? (Insurance Information Institute)
• Who Has the Cheapest Car Insurance for High School Students in Los Angeles? (FAQ)
• Who Has Cheap Los Angeles Auto Insurance Quotes for Good Drivers? (FAQ)
• Who Has Affordable Los Angeles Auto Insurance for Electric Cars? (FAQ)
• Who Has the Cheapest Car Insurance for Retired Military in Los Angeles? (FAQ)
• Who Has Affordable Los Angeles Auto Insurance for a Ford Fusion? (FAQ)
• Understanding Limits and Deductibles (Allstate)
• All About Airbag Safety (State Farm)
• Car Insurance: When not to Skimp (BankRate.com)
• What to do at the Scene of an Accident (Insurance Information Institute)