If saving money is your primary concern, then the best way to find discount auto insurance rates in Arlington is to do a yearly price comparison from insurers who sell auto insurance in Texas. Rate comparisons can be done by following these guidelines.
Step 1: Spend a few minutes and learn about how companies set rates and the measures you can take to prevent high rates. Many rating criteria that cause high rates such as speeding and a less-than-favorable credit history can be improved by paying attention to minor details. Continue reading for instructions to get cheaper coverage and find overlooked discounts.
Step 2: Compare rates from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only provide price estimates from one company like Progressive or Farmers Insurance, while agents who are independent can give you price quotes for a wide range of insurance providers. Compare rates
Step 3: Compare the new rate quotes to your existing coverage to determine if you can save on Cherokee insurance. If you can save some money and make a switch, make sure the effective date of the new policy is the same as the expiration date of the old one.
Step 4: Provide proper notification to your current company to cancel your current car insurance policy. Submit any necessary down payment along with the completed application for the new policy. Don’t forget to store the certificate verifying coverage somewhere easily accessible.
The key aspect of shopping around is that you’ll want to compare the same amount of coverage on every price quote and and to get rate quotes from every company you can. Doing this ensures an apples-to-apples comparison and and a good selection of different prices.
It’s safe to assume that auto insurance companies don’t want policyholders to shop around. Drivers who shop around for cheaper prices are very likely to move their business because they stand a good chance of finding a policy with better rates. A recent survey found that people who faithfully checked for cheaper rates saved about $3,500 over four years compared to those who never compared other company’s rates.
If finding the best rates on insurance is your intention, then having some insight into the best way to shop and compare insurance premiums can help you succeed in finding affordable rates.
Find Jeep Cherokee Insurance More Affordably
One of the most helpful ways to save on insurance is to to have a grasp of some of the elements that help calculate your policy premiums. When you understand what influences your rates, this empowers consumers to make smart changes that can earn you much lower annual insurance costs. Lots of things are used when you get your auto insurance bill. Some of the criteria are obvious like an MVR report, but some are more transparent such as your marital status or how safe your car is.
Premiums impacted by your city – Living in areas with lower population is a positive aspect when buying insurance. Drivers who live in large cities tend to have congested traffic and much longer commute distances. Fewer drivers on the road corresponds to lower accident rates as well as less vandalism and auto theft.
Low mileage costs less – The higher the miles on your Jeep annually the more it will cost to insure it. A lot of insurance companies apply a rate based upon how much you drive. Cars that sit idle most of the time qualify for better rates than cars that get driven a lot. It’s always a good idea to double check that your insurance declarations sheet shows annual mileage. Improper usage on your Cherokee is just wasting money.
Teenage drivers are expensive to insure – Mature drivers are more cautious drivers, statistically cause fewer accidents, and receive fewer citations. Teenage drivers are known to be less responsible in a vehicle therefore insurance rates are much higher.
Gender impacts costs – Statistics have proven that men are more aggressive behind the wheel. However, this does not mean women are BETTER drivers than men. They both have accidents at about the same rate, but the males cause more damage. Not only that, but men also receive more major tickets such as DWI and reckless driving. Male teenagers are several times more likely to be in an accident and thus pay the highest rates.
Premiums are affected by your credit rating – Having a bad credit score will be a significant factor in calculating your premium rate. Therefore, if your credit history is low, you could save money insuring your Jeep Cherokee by repairing your credit. People that have high credit scores tend to file fewer claims than drivers who have lower ratings.
Getting married can lower prices – Having a significant other actually saves money on your insurance policy. Marriage means you’re more financially stable and insurance companies reward insureds because married drivers tend to have fewer serious accidents.
Higher rates for tough vocations – Occupational choices like judges, air traffic controllers, and dentists are shown to have higher rates than average due to stressful work requirements and extremely grueling work hours. On the flip side, jobs such as actors, historians and homemakers get better rates.
Jeep Cherokee statistical loss data – Auto insurance companies include the past claim history for a vehicle to help set a rate to offset losses. Models that are shown to have a higher amount or frequency of claims will have higher rates for specific coverages. The next table shows the actual insurance loss data for Jeep Cherokee vehicles.
For each policy coverage type, the statistical loss for all vehicles, regardless of make or model, is considered to be 100. Values that are 100 or less indicate a favorable loss history, while percentages above 100 show a trend for more claims or an increased chance of a larger loss.
|Specific Jeep Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Jeep Cherokee 4dr 2WD||76||105||77||87||90||109|
|Jeep Cherokee 4dr 4WD||78||115||82||75||79||103|
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Arlington auto insurance company ratings
Buying coverage from a high-quality car insurance company is hard considering how many choices there are in Texas. The rank data in the lists below may help you analyze which coverage providers you want to consider purchasing from.
Top 10 Arlington Car Insurance Companies Overall
- Mercury Insurance
- AAA Insurance
- State Farm
- The Hartford
- Safeco Insurance
Top 10 Arlington Car Insurance Companies Ranked by Customer Satisfaction
- USAA – 91%
- AAA Insurance – 90%
- Esurance – 90%
- Mercury Insurance – 89%
- Nationwide – 89%
- Travelers – 88%
- Progressive – 88%
- Safeco Insurance – 88%
- State Farm – 88%
- Allstate – 88%
Find cheaper insurance prices by comparing often
While you’re price shopping online, it’s very important that you do not reduce needed coverages to save money. There have been many cases where someone sacrificed comprehensive coverage or liability limits and learned later that the savings was not a smart move. The proper strategy is to purchase plenty of coverage for the lowest cost but still have enough coverage for asset protection.
Cost effective Jeep Cherokee insurance can be bought on the web as well as from independent agents in Arlington, so you should compare both in order to have the best price selection to choose from. There are still a few companies who do not provide online quoting and most of the time these regional carriers sell through local independent agents.
Throughout this article, we presented many ideas to compare Jeep Cherokee insurance prices in Arlington. The most important thing to understand is the more quotes you get, the higher the chance of saving money. Drivers may even discover the lowest priced insurance comes from the smaller companies. These smaller insurers can often insure niche markets at a lower cost than the large multi-state companies such as State Farm and Allstate.
Additional detailed information can be found at these sites:
- New head restraint design cuts injuries (Insurance Institute for Highway Safety)
- Who Has Cheap Auto Insurance for Young Drivers in Arlington? (FAQ)
- Who Has the Cheapest Arlington Auto Insurance for College Students? (FAQ)
- What Auto Insurance is Cheapest After a Speeding Ticket in Arlington? (FAQ)
- Auto Insurance 101 (About.com)
- Older Driver Statistics (Insurance Information Institute)