Insurance rates Jeep Grand Cherokee in Fort CollinsWant more affordable Jeep Grand Cherokee insurance in Fort Collins? Purchasing more affordable Fort Collins Jeep Grand Cherokee insurance quotes can appear to be rather difficult for vehicle owners new to quoting and buying their auto insurance over the internet. With a ridiculous number of companies competing online, how are we expected to even start to compare each option to find the lowest price available?

Amazingly, a recent study showed that nearly 70% of customers have bought auto insurance from the same company for well over three years, and practically 40% of auto insurance customers have never even compared quotes to find cheaper rates. Consumers in the U.S. could save $860 a year just by comparing rates, but they just assume it takes a lot of time to find cheaper insurance by shopping around.

It's a good idea to check auto insurance prices yearly because auto insurance prices change frequently. Even if you got the lowest rate on Jeep Grand Cherokee insurance in Fort Collins six months ago you will most likely find a better premium rate today. Forget all the misinformation about auto insurance because we're going to demonstrate the right way to buy cheaper Jeep Grand Cherokee insurance in Fort Collins.

How much does Jeep Grand Cherokee insurance in Fort Collins cost?

When comparing insurance rates, know that comparing all the rates in your area increases your odds of finding better pricing. Some companies don't provide online rate quotes, so you should also compare prices from those companies as well.

The companies in the list below provide quotes in Fort Collins, CO. If the list has multiple companies, it's highly recommended you compare several of them to get the cheapest price.

Jeep Grand Cherokee Insurance Rate Estimates in Fort Collins, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Grand Cherokee Laredo 2WD $236 $464 $338 $20 $100 $1,158 $97
Grand Cherokee Laredo 4WD $144 $282 $368 $22 $110 $926 $77
Grand Cherokee Limited 2WD $214 $426 $368 $22 $110 $1,140 $95
Grand Cherokee Limited 4WD $250 $434 $352 $20 $106 $1,162 $97
Grand Cherokee SRT-8 4WD $300 $620 $426 $26 $128 $1,500 $125
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Data rating is based on single male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Colorado minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, safe-driver, and multi-policy. Information does not factor in specific zip code location which can decrease or increase auto insurance rates greatly.

Raise deductibles and save

The diagram below shows how choosing a deductible and can influence Jeep Grand Cherokee insurance prices for each different age group. The prices are based on a married female driver, full coverage, and no other discounts are factored in.

Does it make sense to buy full coverage?

The illustration below visualizes the comparison of Jeep Grand Cherokee insurance prices with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The information is based on no tickets, no at-fault accidents, $250 deductibles, single female driver, and no additional discounts are factored in.

When to stop buying full coverage

There is no written rule for phasing out full coverage on your policy, but there is a general guideline you can use. If the annual cost of having full coverage is more than 10% of the replacement cost of your vehicle minus the policy deductible, then you might consider buying liability only.

For example, let's say your Jeep Grand Cherokee claim settlement value is $8,000 and you have $1,000 deductibles. If your vehicle is severely damaged, the most you would get paid by your company is $7,000 after the policy deductible has been paid. If premiums are more than $700 a year to have full coverage, then it may be the right time to buy liability only.

There are a few situations where removing full coverage is not in your best interest. If you haven't satisfied your loan, you have to maintain full coverage to protect the lienholder's interest. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is damaged, you should maintain full coverage.

Should you raise deductibles?

One common question asked by Fort Collins drivers is which deductible level should you buy. The data tables below determine the cost difference between low and high comp and collision deductibles. The first rate estimation uses a $100 deductible for physical damage and the second rate chart uses a $1,000 deductible.

Jeep Grand Cherokee insurance policy rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Grand Cherokee Laredo 2WD $302 $546 $352 $20 $106 $1,351 $113
Grand Cherokee Laredo 4WD $302 $546 $352 $20 $106 $1,351 $113
Grand Cherokee Limited 2WD $342 $644 $352 $20 $106 $1,489 $124
Grand Cherokee Limited 4WD $342 $644 $352 $20 $106 $1,489 $124
Grand Cherokee SRT-8 4WD $342 $644 $352 $20 $106 $1,489 $124
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Jeep Grand Cherokee insurance policy rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Grand Cherokee Laredo 2WD $168 $288 $352 $20 $106 $934 $78
Grand Cherokee Laredo 4WD $168 $288 $352 $20 $106 $934 $78
Grand Cherokee Limited 2WD $190 $340 $352 $20 $106 $1,008 $84
Grand Cherokee Limited 4WD $190 $340 $352 $20 $106 $1,008 $84
Grand Cherokee SRT-8 4WD $190 $340 $352 $20 $106 $1,008 $84
Get Your Own Custom Quote Go

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, multi-vehicle, and homeowner. Rate quotes do not factor in specific garaging location which can decrease or increase price quotes greatly.

Based on the figures above, using a $100 deductible will cost you about $38 more each month or $456 a year than requesting the higher $1,000 deductible. Since you would pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you go at a minimum 24 months between claims, you would save more money by going with a higher deductible.

Earn discounts on Fort Collins insurance

Insurance is not cheap nor is it fun to buy but there's a good chance there are discounts that could drop your premiums quite a bit. Many of these discounts will be applied automatically at the time you complete a quote, but lesser-known reductions have to be specifically requested before you get the savings.Discount insurance

You should keep in mind that some of the credits will not apply to your bottom line cost. Some only reduce specific coverage prices like liability, collision or medical payments. So even though you would think you would end up receiving a 100% discount, you aren't that lucky.

Popular insurance companies and a partial list of their discounts are included below.

When getting a coverage quote, ask every company the best way to save money. Some credits may not apply to policyholders in your area.

What Determines Jeep Grand Cherokee Insurance Premiums?

Lots of factors are part of the equation when you get your auto insurance bill. A few of the factors are predictable like an MVR report, but other criteria are more obscure such as your marital status and annual miles driven.

Liability coverage is important - A critical coverage on your policy, liability insurance will afford coverage if ever you are found to be at fault for damages caused by your negligence. Your liability coverage provides legal defense coverage to defend your case. Liability insurance is quite affordable compared to physical damage coverage, so do not cut corners here.

Insurance is expensive for teen drivers - Beginning drivers in Colorado are statistically shown to get distracted easily when driving with friends so car insurance rates are higher. Older insureds are more cautious drivers, are lower risk to insure, and get fewer tickets.

Women pay lower rates - Statistics have proven females are less aggressive when driving. It does not mean women are BETTER drivers than men. Both genders are in auto accidents at about the same rate, but males get into accidents with more damage. Not only that, but men also get ticketed for serious violations like DWI (DUI) or reckless driving.

Keep the miles off and save - The higher the miles on your Jeep annually the higher your rate. Most companies calculate prices based on how the vehicle is used. Vehicles left parked in the garage receive lower rates than those used for commuting. It's a smart idea to ensure your policy properly reflects how each vehicle is driven, because it can save money. Incorrect rating for your Grand Cherokee is throwing money out the window.

Prevent car insurance lapses - Driving with no insurance can get your license suspended and any future policy may cost more because you let your coverage cancel without a new policy in place. And not only will insurance be more expensive, being ticketed for driving with no insurance can result in a hefty fine and possibly a revoked license. You will then be forced to prove you have insurance by filing a SR-22 with the Colorado department of motor vehicles.

You might pay higher costs if you are single - Having a spouse may save some money on your policy. Having a significant other generally demonstrates drivers are less irresponsible and insurance companies reward insureds because married drivers tend to have fewer serious accidents.

Insurance loss data for a Jeep Grand Cherokee - Auto insurance companies take into consideration historical loss data for every vehicle when determining insurance costs. Models that the statistics show to have higher loss trends will have higher rates.

The table below outlines the actual insurance loss data for Jeep Grand Cherokee vehicles. For each coverage type, the statistical loss for all vehicles as a whole is set at 100. Percentages below 100 indicate a favorable loss history, while numbers that are greater than 100 indicate frequent claims or a tendency for losses to be larger than average.

Insurance Loss Ratings for Jeep Grand Cherokee Vehicles

Specific Jeep 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

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

Compare rates but still have a local Fort Collins insurance agency

Many drivers just prefer to get professional advice from a licensed agent and we recommend doing that A nice benefit of comparing rates online is that you can find cheap auto insurance quotes but still work with a licensed agent. Buying insurance from neighborhood insurance agencies is important especially in Fort Collins.

To help locate an agent, after submitting this quick form, your insurance data is emailed to companies in Fort Collins who will give competitive quotes to get your business. There is no reason to even leave your home because prices are sent directly to you. You can find better rates and an insurance agent to talk to. If you wish to get a rate quote for a specific company, you would need to go to their quote page and give them your coverage information.

If you want to buy auto insurance from a good Fort Collins insurance agent, there are a couple of types of agencies that you can choose from. Agencies in Fort Collins are classified as either independent agents or exclusive agents.

Independent Auto Insurance Agencies or Brokers

Independent agencies are appointed with more than one company and that gives them the ability to insure through many different auto insurance companies and possibly get better coverage at lower prices. If prices rise, an independent agent can move your coverage and you don't have to find a new agent. If you are comparing auto insurance prices, we recommend you compare prices from independent agents for the best price selection. Many can place coverage with companies you've never heard of that may provide cheaper auto insurance rates.

Featured below is a short list of independent insurance agents in Fort Collins who may be able to give you rate quotes.

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Exclusive Auto Insurance Agencies

These agents can only provide one company's prices and examples are AAA, State Farm, Farmers Insurance, and Allstate. They are unable to provide prices from multiple companies so they have no alternatives for high prices. These agents are usually well trained on what they offer which can be an advantage. Consumers sometimes buy insurance from these agents partially due to the prominence of the brand rather than low rates.

Below are Fort Collins exclusive insurance agencies that are able to give rate quotes.

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Picking the best car insurance agent requires you to look at more than just the bottom line cost. A good agent in Fort Collins will have answers to these questions.

You may need specialized auto insurance coverage

Always remember that when buying coverage online or from an agent, there really is not a "perfect" insurance plan. Everyone's needs are different.Safe vehicles cost less to insure

Here are some questions about coverages that can aid in determining whether your personal situation will benefit from professional help.

If it's difficult to answer those questions, you might consider talking to an insurance agent. To find an agent in your area, simply complete this short form.

Persistent drivers can save

Consumers leave their current company for a variety of reasons including high prices, delays in responding to claim requests, questionable increases in premium and even an unsatisfactory settlement offer. Regardless of your reason, finding a great new company can be less work than you think.

We just covered a lot of tips how to compare Jeep Grand Cherokee insurance premium rates in Fort Collins. The most important thing to understand is the more companies you get prices for, the better your chances of lowering your prices. You may even be surprised to find that the lowest priced insurance comes from the least-expected company.

While you're price shopping online, don't be tempted to buy less coverage just to save a little money. Too many times, someone sacrificed comprehensive coverage or liability limits and found out when filing a claim that the savings was not a smart move. Your strategy should be to buy enough coverage for the lowest cost, but don't skip important coverages to save money.

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