The preferred way to get more affordable Jeep Grand Cherokee insurance in Toledo is to start doing a yearly price comparison from companies who sell auto insurance in Ohio. Drivers can shop around by completing these steps.
Step 1: Try to learn a little about policy coverages and the things you can change to prevent expensive coverage. Many risk factors that drive up the price like speeding tickets, careless driving and bad credit can be rectified by paying attention to minor details. This article provides more details to get cheaper rates and get bigger discounts.
Step 2: Quote rates from direct, independent, and exclusive agents. Exclusive agents and direct companies can only provide price estimates from a single company like Progressive or Farmers Insurance, while independent agencies can provide price quotes from many different companies.
Step 3: Compare the new rates to your existing rates to see if a cheaper rate is available in Toledo. If you find a better price, make sure coverage does not lapse between policies.
One key aspect when comparing rates is to compare the same amount of coverage on every price quote and and to compare as many different companies as possible. This enables an accurate price comparison and maximum price selection.
A recent study showed that most car insurance customers renewed their policy with the same company for over three years, and 38% of customers have never compared rates from other carriers. Most drivers in Ohio could save nearly $700 each year just by shopping around, but they don’t understand how simple it is to compare rates and save money.
If you already have coverage or just want cheaper rates, you can learn to find better prices and possibly find even better coverage. Locating the most cost-effective insurance policy in Toledo is actually quite easy if you know where to start. Smart shoppers only need an understanding of the least time-consuming way to compare rates from multiple carriers.
Low Cost car insurance in Toledo, OH
The companies shown below have been selected to offer comparison quotes in Ohio. If your goal is to find cheap car insurance in Toledo, OH, we recommend you visit two to three different companies in order to get a fair rate comparison.
Coverage analysis
The price information shown next highlights a range of insurance prices for Jeep Grand Cherokee models. Having insight into how car insurance premiums are calculated helps drivers make decisions on which coverage to buy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Grand Cherokee Laredo 2WD | $122 | $246 | $256 | $16 | $76 | $716 | $60 |
| Grand Cherokee Laredo 4WD | $122 | $246 | $256 | $16 | $76 | $716 | $60 |
| Grand Cherokee Limited 2WD | $138 | $290 | $256 | $16 | $76 | $776 | $65 |
| Grand Cherokee Limited 4WD | $138 | $290 | $256 | $16 | $76 | $776 | $65 |
| Grand Cherokee SRT-8 4WD | $138 | $290 | $256 | $16 | $76 | $776 | $65 |
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Data based on single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Ohio minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, multi-policy, and safe-driver. Estimates do not factor in specific location which can affect premiums greatly.
The diagram below illustrates how choosing a deductible and can raise or lower Jeep Grand Cherokee insurance prices for different insured age categories. The premiums are based on a married male driver, full coverage, and no discounts are applied to the premium.
Jeep Grand Cherokee insurance premiums by gender in Toledo
The chart below visualizes the comparison of Jeep Grand Cherokee insurance costs for male and female drivers. The information is based on a clean driving record, no at-fault accidents, comprehensive and collision coverage, $250 deductibles, drivers are not married, and no policy discounts are applied.
The Jeep Grand Cherokee Insurance Premium Equation
Multiple criteria are considered when you get a price on insurance. Most are fairly basic such as your driving record, but others are less apparent such as your credit history or your vehicle rating.
Your address can modify price – Living in less populated areas of the country is a positive aspect when buying auto insurance. Fewer drivers means a lower chance of having an accident in addition to lower liability claims. City drivers have to deal with congested traffic and higher rates of accident claims. More time on the road means a statistically higher chance of an accident.
Liability coverage is important – The liability coverage on your policy provides coverage when a jury decides you are liable for causing damage or personal injury in an accident. It provides legal defense to attempt to prove you were not liable. This coverage is relatively inexpensive when compared to the cost of physical damage coverage, so do not cut corners here.
Responsible drivers pay less – How you drive influences premium rates substantially. Careful drivers get better prices as compared to those with violations. Just one speeding ticket or other violation can bump up the cost by as much as twenty percent. Drivers who have gotten careless citations like DUI or willful reckless driving might be required by their state to maintain a SR-22 with their state in order to continue driving.
The chart below demonstrates how citations and fender-benders drive up Jeep Grand Cherokee premium costs for different insured age categories. The premiums are based on a single male driver, comprehensive and collision coverage, $500 deductibles, and no discounts are taken into consideration.
Better credit means lower premiums – Having a bad credit score can be a huge factor in determining your rates. Drivers with excellent credit tend to be more responsible and file fewer claims than those with lower credit ratings. If your credit rating leaves room for improvement, you could save money insuring your Jeep Grand Cherokee by spending a little time repairing your credit.
Insurance loss probability for a Jeep Grand Cherokee – Insurance companies include the past claim trends for vehicles when setting premium rates. Vehicles that are shown to have higher prevalence or dollar amount of losses will cost more for coverage.
The information below illustrates the historical loss data for Jeep Grand Cherokee vehicles. For each coverage category, the loss probability for all vehicles averaged together is equal to 100. Values that are 100 or less imply a favorable loss record, while percentage values above 100 indicate higher probability of having a loss or statistically larger losses.
| 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: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Discounts for cheap car insurance rates
Some providers don’t list all discounts very well, so below is a list some of the best known and the more hidden discounts you could be receiving when you buy Toledo auto insurance online.
- Club Memberships – Affiliation with a professional or civic organization could earn you a nice discount on your next car insurance statement.
- Student Driver Training – Teen drivers should participate in a local driver’s education class if offered at their school.
- Defensive Driver – Participating in a course teaching safe driver skills could possibly earn you a 5% discount depending on where you live.
- Seat Belts Save – Forcing all vehicle occupants to buckle up before driving can save 10% or more off the PIP or medical payment premium.
- Discount for Low Mileage – Fewer annual miles on your Jeep can earn substantially lower premium rates.
You should keep in mind that most discount credits are not given to the entire policy premium. Some only reduce the price of certain insurance coverages like medical payments or collision. Just because you may think it’s possible to get free car insurance, car insurance companies aren’t that generous.
The chart below compares Jeep Grand Cherokee 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, Ohio state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, homeowner, claim-free, safe-driver, multi-car, and multi-policy discounts applied.
To locate insurance companies with significant discounts in Toledo, click this link.
Can’t I compare rate quotes from local Toledo insurance agencies?
A lot of people still like to talk to a local agent and that is a personal choice. Good agents will help you protect your assets and help submit paperwork. The best thing about comparing rate quotes online is the fact that you can find cheap auto insurance rates but also keep your business local. And buying from neighborhood insurance agencies is important particularly in Toledo.
Upon completion of this short form, your insurance data is submitted to companies in Toledo who can give free rate quotes for your auto insurance coverage. It’s much easier because you don’t need to contact an agency because prices are sent immediately to your email address. In the event you want to get a comparison quote for a specific company, don’t hesitate to search and find their rate quote page and give them your coverage information.
Picking the best insurer requires you to look at more than just a low price. Here are some questions you should ask.
- Does the agency have a positive business rating?
- What companies can they write with?
- Do the companies they represent have a solid financial rating?
- Do they offer claims assistance after hours?
- Do they offer rental car reimbursement?
- Is vehicle mileage a factor when determining depreciation for repairs?
- Do they have any clout with companies to ensure a fair claim settlement?
- Which company do they place the most coverage with?
After talking to the agent and getting good feedback for all questions you ask and affordable Jeep Grand Cherokee insurance rates in Toledo quotes, you’ve probably found a company that can be trusted to properly insure your vehicles. Just remember it’s your policy and you can terminate your policy at any point so never feel you are locked into any particular company for a certain time period.
When should I discuss my situation with an agent?
When it comes to buying insurance from an agent or online, there really is not a perfect coverage plan. Your needs are unique to you.
Here are some questions about coverages that may help highlight if you may require specific advice.
- Is my camper covered for physical damage?
- Does my insurance cover a custom paint job?
- Which is better, split liability limits or combined limits?
- Does coverage extend to Mexico or Canada?
- Do I need PIP coverage since I have good health insurance?
- What is an umbrella policy?
- Are rental cars covered under my policy?
If you’re not sure about those questions but one or more may apply to you then you might want to talk to an insurance agent. If you don’t have a local agent, complete this form. It only takes a few minutes and may give you better protection.
More quotes mean more car insurance savings
You just read a lot of techniques to get a better price on Jeep Grand Cherokee insurance in Toledo. The most important thing to understand is the more price quotes you have, the better chance you’ll have of finding affordable Jeep Grand Cherokee insurance quotes. Consumers could even find that the lowest priced car insurance comes from a company that doesn’t do a lot of advertising.
Budget-friendly car insurance in Toledo is available online as well as from insurance agents, so you should compare both so you have a total pricing picture. Some car insurance companies may not have rate quotes online and most of the time these small, regional companies sell through local independent agents.
When getting Toledo auto insurance quotes online, it’s not a good idea to reduce needed coverages to save money. There have been many situations where an insured cut liability limits or collision coverage only to regret 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.
Additional learning opportunities
- Teen Driving Statistics (iihs.org)
- Who Has Cheap Car Insurance Quotes for Low Income Drivers in Toledo? (FAQ)
- Who Has the Cheapest Toledo Car Insurance Rates for Drivers Requiring a SR22? (FAQ)
- Protecting Teens from Drunk Driving (Insurance Information Institute)
- Five Mistakes to Avoid (Insurance Information Institute)