It’s safe to assume that insurance companies don’t want you shop around. Drivers who shop around for better prices will presumably move their business because there is a significant possibility of finding good coverage at a lower price. A study showed that drivers who regularly compared rates saved an average of $3,450 over four years as compared to drivers who never shopped around for cheaper prices.
If finding low prices for car insurance is the reason for your visit, then having some insight into how to get price quotes and compare auto insurance can save time and money.
The best way we recommend to find affordable quotes for Jeep Grand Cherokee insurance in Jersey City is to begin comparing prices regularly from companies in New Jersey.
Step 1: Read about what coverages are included in your policy and the measures you can take to keep rates down. Many risk factors that result in higher rates such as accidents, careless driving, and bad credit can be amended by making minor changes in your lifestyle.
Step 2: Compare price quotes from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can provide rates from one company like GEICO or State Farm, while independent agents can quote prices for many different companies. Select a company
Step 3: Compare the new rate quotes to the premium of your current policy to see if cheaper Grand Cherokee coverage is available. If you find a lower rate and change companies, make sure there is no lapse in coverage.
Step 4: Give notification to your agent or company of your decision to cancel your current car insurance policy and submit a down payment along with a signed application for the new policy. When you receive it, put the new certificate of insurance above your visor, in the console, or in the glove compartment.
A key point to remember is that you use the same level of coverage on every quote request and and to get prices from every insurance company. This enables the most accurate price comparison and maximum price selection.
All major insurance companies like State Farm and Allstate allow you to get insurance quotes on the web. Comparing Jeep Grand Cherokee insurance rates online is fairly simple as you just enter your coverage preferences into the quote form. After you complete the form, their quoting system collects your driving and credit reports and gives you a price quote based on these factors.
Getting online quotes for Jeep Grand Cherokee insurance in Jersey City streamlines rate comparisons, and it is imperative to have as many quotes as possible in order to find a better rate.
To find out what other companies charge, take a look at the companies shown below. If you have coverage now, it’s recommended you enter the coverages identical to your current policy. This guarantees you’re receiving rate comparison quotes for the exact same coverage.
The companies in the list below provide free quotes in Jersey City, NJ. To find the cheapest auto insurance in Jersey City, we suggest you get price quotes from several of them to get the cheapest price.
Insurance coverage analysis
The coverage information below showcases estimates of insurance costs for Jeep Grand Cherokee models. Having a good understanding how insurance premiums are figured can help drivers make decisions when choosing a new policy provider.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Grand Cherokee Laredo 2WD | $208 | $362 | $496 | $30 | $148 | $1,244 | $104 |
| Grand Cherokee Laredo 4WD | $208 | $362 | $496 | $30 | $148 | $1,244 | $104 |
| Grand Cherokee Limited 2WD | $236 | $426 | $496 | $30 | $148 | $1,336 | $111 |
| Grand Cherokee Limited 4WD | $236 | $426 | $496 | $30 | $148 | $1,336 | $111 |
| Grand Cherokee SRT-8 4WD | $236 | $426 | $496 | $30 | $148 | $1,336 | $111 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and New Jersey minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, claim-free, and multi-vehicle. Rate quotes do not factor in specific location information which can alter coverage prices substantially.
Policy deductibles
When shopping for insurance, a common question is how high should the physical damage deductibles be. The comparison tables below sum up the cost difference when you buy lower versus higher physical damage deductibles. The first pricing table uses a $100 deductible for comp and collision and the second data table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Grand Cherokee Laredo 2WD | $414 | $746 | $480 | $28 | $144 | $1,837 | $153 |
| Grand Cherokee Laredo 4WD | $414 | $746 | $480 | $28 | $144 | $1,837 | $153 |
| Grand Cherokee Limited 2WD | $466 | $880 | $480 | $28 | $144 | $2,023 | $169 |
| Grand Cherokee Limited 4WD | $466 | $880 | $480 | $28 | $144 | $2,023 | $169 |
| Grand Cherokee SRT-8 4WD | $466 | $880 | $480 | $28 | $144 | $2,023 | $169 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Grand Cherokee Laredo 2WD | $230 | $394 | $480 | $28 | $144 | $1,276 | $106 |
| Grand Cherokee Laredo 4WD | $230 | $394 | $480 | $28 | $144 | $1,276 | $106 |
| Grand Cherokee Limited 2WD | $258 | $464 | $480 | $28 | $144 | $1,374 | $115 |
| Grand Cherokee Limited 4WD | $258 | $464 | $480 | $28 | $144 | $1,374 | $115 |
| Grand Cherokee SRT-8 4WD | $258 | $464 | $480 | $28 | $144 | $1,374 | $115 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and New Jersey minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, claim-free, and multi-policy. Prices do not factor in specific Jersey City garaging location which can lower or raise coverage rates significantly.
Based on this data, using a $100 deductible would cost the average driver about $52 more each month or $624 each year than buying the higher $1,000 deductible. Because you would be required to pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you tend to go more than 17 months between claim filings, you would come out ahead if you decide on a higher deductible. Here is a better example of how you can make this decision for your own policy.
| Average monthly premium for $100 deductibles: | $163 |
| Average monthly premium for $1,000 deductibles (subtract): | – $111 |
| Monthly savings from raising deductible: | $52 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $52 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 17 months |
An important thing to remember is that increasing deductibles to save money means you will have to pay more of your own money when you do file a claim. You will want to have access to more funds in the event you have to pay the deductible.
The chart below illustrates how your deductible choice and can raise or lower Jeep Grand Cherokee insurance rates for each age group. The costs are based on a single female driver, comprehensive and collision coverage, and no discounts are taken into consideration.
Cost of full coverage
The example below shows the difference between Jeep Grand Cherokee annual premium costs when comparing full coverage to liability only. The prices are based on no violations or claims, $500 deductibles, drivers are single, and no discounts are applied to the premium.
When to drop comp and collision
There is no definitive guideline for eliminating comp and collision coverage, but there is a broad guideline. If the yearly cost of comp and collision coverage is more than about 10% of the settlement you would receive from your company, then you may want to consider only buying liability coverage.
For example, let’s assume your Jeep Grand Cherokee replacement cost is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, you would only receive $8,000 after paying your deductible. If you are paying in excess of $800 a year for your policy with full coverage, then you might want to consider buying only liability coverage.
There are some scenarios where buying only liability insurance is not in your best interest. If you haven’t paid off your loan, you have to maintain full coverage in order to keep the loan. Also, if you cannot afford to purchase a different vehicle if your current one is totaled, you should keep full coverage on your policy.
Local insurance agents
Many drivers just prefer to sit down and talk to an agent and there is nothing wrong with that. One of the best bonuses of comparing rate quotes online is the fact that drivers can get lower rates and still have an agent to talk to.
Upon completion of this simple form, your information is emailed to agents in your area that provide free Jersey City car insurance quotes to get your business. There is no reason to leave your house because quoted prices will be sent immediately to your email address. You can get cheaper insurance rates without having to waste a lot of time. If you need to quote rates for a specific company, you would need to visit that company’s website and fill out their quote form.
Finding a good insurance company requires you to look at more than just the price. The following questions are important to ask.
- How much can you save by raising your physical damage deductibles?
- Will the quote change when the policy is issued?
- Are they full-time agents?
- What kind of financial rating does the company have?
- Do the coverages you’re quoting properly cover your vehicle?
If you want to use a local Jersey City insurance agency, it’s important to understand the different agency structures and how they are distinctly different. Insurance agencies can be classified as either exclusive or independent agents depending on their company appointments.
Exclusive Insurance Agents
Exclusive insurance agents are contracted to one company such as Allstate, State Farm and Farm Bureau. Exclusive agents are unable to compare other company’s rates so they are skilled at selling on more than just price. They receive a lot of sales training on the products they sell which helps overcome the inability to quote other rates. Consumers sometimes buy from exclusive agents partially due to the brand legacy and solid financial strength.
Listed below are Jersey City exclusive agencies who may provide you with price quote information.
- Allstate Insurance: Emad Soliman
844 Bergen Ave – Jersey City, NJ 07306 – (201) 332-6999 – View Map - Tawanda Jackson – State Farm Insurance Agent
688 NJ-440 – Jersey City, NJ 07305 – (201) 209-0290 – View Map - Farmers Insurance – Karima Panjwani
591 Summit Ave – Jersey City, NJ 07306 – (201) 793-7525 – View Map
Independent Agencies or Brokers
Agents of this type often have many company appointments so they can insure your vehicles with many different companies and find you the best rates. If you want to switch companies, the business is moved internally which requires no work on your part.
When searching for an agent, you need to include a few independent agents for the best price selection. Many independent agencies also insure through companies you’ve never heard of that can offer cheaper rates than bigger companies.
Below is a list of independent insurance agents in Jersey City willing to provide price quote information.