Save Money on Jeep Patriot Insurance in Jacksonville

Insurance quote for Jeep Patriot in JacksonvilleInconceivable but true, the majority of drivers have purchased from the same company for over three years, and about 40% of consumers have never compared quotes from other companies. Florida consumers can cut their rates by as much as 55% a year by just shopping around, but they don’t invest the time required to shop their coverage around.

Truthfully, the best way to get affordable auto insurance rates is to compare prices at least once a year from companies in Jacksonville. You can compare rates by completing these steps.

Step 1: It will benefit you to learn about what coverages are included in your policy and the steps you can take to keep rates low. Many risk factors that drive up the price like multiple speeding tickets and an imperfect credit history can be controlled by making minor driving habit or lifestyle changes.

Step 2: Request rate estimates from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can give quotes from one company like GEICO or Farmers Insurance, while independent agencies can quote rates for a wide range of insurance providers.

Step 3: Compare the quotes to the price on your current policy to see if a cheaper price is available. If you find a better price and make a switch, make sure there is no lapse in coverage.

A valuable tip to remember is to compare identical deductibles and limits on each quote request and and to analyze as many car insurance companies as possible. This guarantees a fair price comparison and the most accurate and complete price analysis.

If you already have coverage or need a new policy, you can learn to cut your premiums without reducing protection. Locating the best insurance company for you in Jacksonville is really quite easy. Drivers just have to understand the most efficient way to shop from many different companies online.

Decisions You Make Can Impact Your Insurance Premiums

Multiple criteria are considered when pricing auto insurance. Some are obvious such as traffic violations, but other criteria are less obvious like where you live or your vehicle rating.

Shown below are a partial list of the pieces that factor into prices.

Insurance analysis for a Jeep Patriot

The data table displayed below showcases detailed analysis of rate quotes for Jeep Patriot models. Learning a little about how insurance rates are calculated can benefit drivers when making smart choices when buying a policy.

Jeep Patriot Insurance Rates in Jacksonville, FL
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Patriot Sport 2WD $306 $612 $504 $30 $152 $1,604 $134
Patriot Sport 4WD $306 $612 $504 $30 $152 $1,604 $134
Patriot Limited 2WD $352 $746 $504 $30 $152 $1,784 $149
Patriot Limited 4WD $352 $746 $504 $30 $152 $1,784 $149
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Table data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Florida minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-vehicle, and multi-policy. Rate information does not factor in specific Jacksonville garaging location which can change rates significantly.

Deductible comparison

A question often asked by Jacksonville drivers is where should you set your physical damage deductibles. The rates below help summarize how much more rates are when you select higher and lower physical damage coverage deductibles. The first pricing table uses a $100 comprehensive and collision deductible and the second set of prices uses a $500 deductible.

Jeep Patriot insurance premium estimates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Patriot Sport 2WD $312 $532 $418 $24 $124 $1,435 $120
Patriot Sport 4WD $312 $532 $418 $24 $124 $1,435 $120
Patriot Limited 2WD $358 $648 $418 $24 $124 $1,597 $133
Patriot Limited 4WD $358 $648 $418 $24 $124 $1,597 $133
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Jeep Patriot insurance premium estimates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Patriot Sport 2WD $228 $360 $418 $24 $124 $1,154 $96
Patriot Sport 4WD $228 $360 $418 $24 $124 $1,154 $96
Patriot Limited 2WD $262 $438 $418 $24 $124 $1,266 $106
Patriot Limited 4WD $262 $438 $418 $24 $124 $1,266 $106
Get Your Own Custom Quote Go

Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, claim-free, and multi-policy. Premium amounts do not factor in vehicle location which can increase or decrease auto insurance rates greatly.

Based on the above data, using a $100 deductible will cost you about $26 more each month or $312 annually than selecting the higher $500 deductible. Since you would pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you usually have more than 15 months between claims, you would probably be better off going with the higher deductible. Here’s a better example of how this decision is made.

Average monthly premium for $100 deductibles: $127
Average monthly premium for $500 deductibles (subtract): – $101
Monthly savings from raising deductible: $26
Difference between deductibles ($500 – $100): $400
Divide difference by monthly savings: $400 / $26
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 15 months

Full coverage rates compared to liability-only

The information below illustrates the difference between Jeep Patriot annual premium costs with liability coverage only compared to full coverage. The price estimates are based on no violations or accidents, $250 deductibles, single status, and no discounts are applied to the premium.

When to drop full coverage

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

For example, let’s pretend your Jeep Patriot settlement value is $7,000 and you have $1,000 policy deductibles. If your vehicle is severely damaged, the most you would receive is $6,000 after paying the physical damage deductible. If you are currently paying more than $600 annually for physical damage coverage, then you might want to think about dropping full coverage.

There are some conditions where dropping full coverage is not recommended. If you haven’t paid off your loan, you have to keep full coverage to protect the lienholder’s interest in the vehicle. Also, if your savings is not enough to buy a different vehicle in case of an accident, you should not buy liability only.

Auto insurance quotes and discounts

Auto insurance is not an enjoyable expense, but you might already qualify for some discounts to help offset the cost. Some trigger automatically at quote time, but a few must be specifically requested before you get the savings.Cheaper auto insurance with discounts

You can save money using discounts, but most discounts do not apply to the whole policy. The majority will only reduce the cost of specific coverages such as comprehensive or collision. Just because it seems like all those discounts means the company will pay you, it just doesn’t work that way. Any amount of discount will help reduce your policy premiums.

The diagram below illustrates the comparison of Jeep Patriot insurance prices with and without discounts. The costs are based on a female driver, no claims or driving violations, Florida state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, multi-policy, safe-driver, homeowner, marriage, and claim-free discounts applied.

The best auto insurance companies and their possible discounts can be found below.

Double check with each company or agent to give you their best rates. Discounts might not be available to policyholders in your state. If you would like to choose from a list of auto insurance companies that offer multiple discounts in Jacksonville, follow this link.

In Summary

Lower-priced Jeep Patriot insurance in Jacksonville is definitely available from both online companies in addition to local insurance agencies, and you need to comparison shop both in order to have the best chance of saving money. Some car insurance companies may not have online rate quotes and usually these regional carriers prefer to sell through independent insurance agencies.

We’ve covered a lot of ways to get a better price on Jeep Patriot insurance in Jacksonville. It’s most important to understand that the more providers you compare, the higher the chance of saving money. You may even find the lowest priced car insurance comes from some of the smallest insurance companies. These smaller insurers may only write in your state and offer lower rates compared to the large companies like Allstate or State Farm.

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