Best Ways to Save on Scottsdale Jeep Compass Insurance

Insurance for Jeep CompassDo you want cheaper Jeep Compass insurance in Scottsdale? Frustrated by the crazy number of auto insurance choices in Scottsdale? Lot’s of other drivers are too. You have so many options that it can be a challenge to compare auto insurance rates on Jeep Compass insurance. Scottsdale is an awesome place to live, but paying high auto insurance rates can make it hard to maintain proper levels of coverage.

It’s an obvious conclusion that insurance companies don’t want you shop around. Drivers who shop around are inclined to switch auto insurance companies because there are good odds of finding good coverage at a lower price. Remarkably, a study showed that people who shopped around saved approximately $865 annually compared to policyholders who never compared rates.

If finding the most affordable insurance in Scottsdale is your ultimate goal, then having some insight into the best way to quote and compare coverage rates can save money and time.

You should make it a habit to do rate comparisons periodically because prices are rarely the same from one policy term to another. If you had the lowest rates on Jeep Compass insurance in Scottsdale at your last renewal you can probably find a better premium rate now. Forget anything you know (or think you know) about auto insurance because I’m going to teach you the only way to lower your annual insurance bill.

Our objective is to introduce you to the best methods to compare rates and how to save the most money. If you currently have a car insurance policy, you stand a good chance to be able to buy cheaper car insurance using the ideas covered in this article. But Arizona drivers must comprehend how companies charge you for coverage because it varies considerably.

When quoting insurance, remember that comparing more quotes helps you find more affordable rates.

The companies shown below offer comparison quotes in Arizona. If you wish to find cheap car insurance in Scottsdale, it’s a good idea that you get price quotes from several of them in order to find the cheapest rates.

Discounts for cheap insurance quotes

Not many people think insurance is cheap, but there may be some discounts that could help you make your next renewal payment. Certain discounts will be triggered automatically when you get a quote, but some need to be inquired about prior to receiving the credit.Insurance discounts

You can save money using discounts, but most discounts do not apply to the whole policy. Most cut the cost of specific coverages such as physical damage coverage or medical payments. Just because you may think you would end up receiving a 100% discount, companies wouldn’t make money that way.

The example below visualizes the comparison of Jeep Compass yearly insurance costs with and without discounts. The price estimates are based on a female driver, no accidents, no driving violations, Arizona state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, claim-free, homeowner, safe-driver, marriage, and multi-policy discounts applied.

Popular insurance companies and the discounts they provide are:

When getting free Scottsdale car insurance quotes, it’s a good idea to every company which discounts can lower your rates. Savings might not be offered in your state.

Rate information and statistics

The premium information displayed below covers different insurance premium costs for Jeep Compass models. Having a good understanding how auto insurance premiums are determined is important for you to make smart policy decisions.

Jeep Compass Insurance Rates in Scottsdale, AZ
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Compass Sport 2WD $160 $254 $306 $18 $92 $830 $69
Compass Sport 4WD $182 $308 $306 $18 $92 $906 $76
Compass Limited 2WD $182 $308 $306 $18 $92 $906 $76
Compass Limited 4WD $182 $308 $306 $18 $92 $906 $76
Get Your Own Custom Quote Go

Table data represents married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Arizona minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, safe-driver, and homeowner. Premium amounts do not factor in the specific area where the vehicle is garaged which can increase or decrease premiums substantially.

Policy deductible comparison

A question often asked by Scottsdale drivers is the level to set your comp and collision deductibles. The comparisons below summarize the difference in cost of buying low and high comp and collision deductibles. The first price estimate table uses a $250 physical damage deductible and the second set of prices uses a $1,000 deductible.

Jeep Compass insurance with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Compass Sport 2WD $202 $320 $300 $18 $90 $955 $80
Compass Sport 4WD $232 $390 $300 $18 $90 $1,055 $88
Compass Limited 2WD $232 $390 $300 $18 $90 $1,055 $88
Compass Limited 4WD $232 $390 $300 $18 $90 $1,055 $88
Get Your Own Custom Quote Go

Jeep Compass insurance with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Compass Sport 2WD $124 $202 $300 $18 $90 $734 $61
Compass Sport 4WD $144 $246 $300 $18 $90 $798 $67
Compass Limited 2WD $144 $246 $300 $18 $90 $798 $67
Compass Limited 4WD $144 $246 $300 $18 $90 $798 $67
Get Your Own Custom Quote Go

Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Arizona minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, claim-free, and multi-vehicle. Information does not factor in Scottsdale location which can raise or lower premiums noticeably.

Using the data above, we can ascertain that using a $250 deductible could cost the average driver approximately $20 more each month or $240 for a full year than quoting the higher $1,000 deductible. Since you would pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you go at a minimum 38 months between claims, you would probably save some money by going with a higher deductible.

Calculation for raising deductibles

Average monthly premium for $250 deductibles: $86
Average monthly premium for $1,000 deductibles (subtract): – $66
Monthly savings from raising deductible: $20
Difference between deductibles ($1,000 – $250): $750
Divide difference by monthly savings: $750 / $20
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 38 months

One important caveat is that raising deductibles to get cheaper rates results in a higher out-of-pocket expense when you have a physical damage claim. You must have enough savings in the event you need to pay more for the deductible.

The chart below shows how choosing a deductible and can impact Jeep Compass yearly insurance costs for different ages of insureds. The data assumes a single male driver, comprehensive and collision coverage, and no policy discounts are applied.

Full coverage versus liability-only

The diagram below compares Jeep Compass car insurance costs with full physical damage coverage compared to only buying liability only. The data assumes no claims, a clean driving record, $250 deductibles, drivers are single, and no other discounts are factored in.

When to drop full coverage

There is no clear-cut rule to drop comprehensive and collision coverage on your policy, but there is a guideline you can use. If the annual cost of coverage is more than 10% of the replacement cost of your vehicle minus the policy deductible, then it’s probably a good time to buy liability coverage only.

For example, let’s say your Jeep Compass settlement value is $9,000 and you have $1,000 deductibles. If your vehicle is destroyed, the most your company would pay you is $8,000 after the deductible is paid. If premiums are more than $800 a year to have full coverage, then you might want to consider buying only liability coverage.

There are some cases where dropping physical damage coverage is not recommended. If you still have a lienholder on your title, you have to carry full coverage to protect the lienholder’s interest in the vehicle. Also, if you cannot afford to purchase a different vehicle in case of an accident, you should maintain full coverage.

Why You Might Pay Increased Rates in Scottsdale

The best way to find cheaper auto insurance is to take a look at some of the elements that go into determining your premiums. If you have a feel for what influences your rates, this enables you to make decisions that may reward you with lower premium levels.