Best Ways to Save on Portland Jeep Liberty Insurance

It’s an obvious statement that insurance companies don’t want you to compare rates. Drivers who shop around annually will most likely switch companies because there is a good chance of finding a lower-priced policy. A recent survey revealed that people who compared price quotes annually saved on average $860 a year compared to policyholders who never compared prices.

If finding the best rates on insurance in Portland is the reason you’re here, understanding the best way to shop and compare coverages can help simplify the process.

If saving money is your primary concern, then the best way to get cheaper Jeep Liberty insurance is to annually compare prices from insurers in Portland. Drivers can shop around by following these guidelines.

• Step 1: Try to comprehend car insurance and the modifications you can make to keep rates down. Many policy risk factors that result in higher prices such as traffic violations and an imperfect credit score can be remedied by paying attention to minor details. Keep reading for more ideas to help find cheaper rates and earn larger discounts.
• Step 2: Request price quotes from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can give quotes from a single company like GEICO or Allstate, while independent agencies can quote prices for many different companies.
• Step 3: Compare the new rate quotes to your current policy and determine if there is any savings. If you find better rates, make sure there is no lapse between the expiration of your current policy and the new one.
• Step 4: Give notification to your current company of your intention to cancel your existing policy and submit payment and a completed application for your new policy. Immediately upon receiving it, keep the new proof of insurance certificate in an easily accessible location in your vehicle.

A crucial key to this process is that you use the same coverage limits and deductibles on each price quote and and to get rate quotes from every company you can. This enables the most accurate price comparison and a complete rate analysis.

The quickest way to compare car insurance rates for Jeep Liberty insurance in Portland utilizes the fact all the major auto insurance companies pay for the opportunity to provide you with free rate quotes. All consumers are required to do is provide a little information including driver ages, if you have a valid license, whether you have decent credit, and your occupation. The rating information gets sent immediately to insurance companies and they return cost estimate instantly.

To compare cheaper Jeep Liberty insurance rates now, click here and find out if you can get cheaper insurance in Portland.

The companies shown below are our best choices to provide quotes in Oregon. To buy the best auto insurance in OR, it’s highly recommended you visit two to three different companies in order to find the most affordable rates.

Data for Jeep Liberty insurance

The coverage information displayed below covers a range of prices for Jeep Liberty models. Being aware of how insurance quotes are established can assist in making decisions on the best policy coverages.

Price data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Oregon minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, homeowner, and multi-vehicle. Premium amounts do not factor in garaging location in Portland which can influence coverage rates noticeably.

Rate comparison for different deductibles

A question often asked by Portland drivers is which deductible level should you buy. The comparisons below can help show the difference in cost of buying low and high coverage deductibles. The first set of rates uses a $250 deductible for comp and collision and the second price grid uses a $500 deductible.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Oregon minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, safe-driver, and multi-policy. Price estimates do not factor in zip code location which can lower or raise premiums substantially.

Based on the figures above, using a $250 deductible will cost you roughly $11 more each month or $132 each year averaged for all Liberty models than selecting the higher $500 deductible. Since the policyholder would be required to pay $250 more out of your own pocket with a $500 deductible as compared to a $250 deductible, if you normally average at a minimum 23 months between claim filings, you would probably be better off if you decide on a higher deductible. The table below illustrates the way you can do this calculation yourself.

An important sidenote is that raising deductibles to save money means you will have to pay more of your own money if you have a claim. That will necessitate some extra savings in the event you need to pay the deductible for vehicle repair.

How accidents and violations affect rates in Portland

The chart below illustrates how speeding tickets and at-fault fender-benders can increase Jeep Liberty auto insurance costs for different insured age categories. The price estimates are based on a married male driver, comp and collision included, $100 deductibles, and no policy discounts are applied.

Choosing Liberty insurance is an important decision

Despite the potentially high cost of Jeep Liberty insurance, paying for insurance serves an important purpose.

• The majority of states have mandatory liability insurance requirements which means the state requires a minimum amount of liability if you drive a vehicle. In Oregon these limits are 25/50/20 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $20,000 of property damage coverage.
• If you bought your Jeep Liberty with a loan, almost every bank will require that you have comprehensive coverage to ensure the loan is repaid in case of a total loss. If you default on your policy, the bank may buy a policy for your Jeep at a more expensive rate and require you to pay the higher price.
• Insurance preserves both your Jeep and your personal assets. It also can pay for all forms of medical expenses for you, any passengers, and anyone injured in an accident. One policy coverage, liability insurance, also covers legal expenses if you are sued as the result of your driving. If your vehicle suffers damage from an accident or hail, collision and comprehensive coverages will pay to restore your vehicle to like-new condition.

The benefits of buying enough insurance greatly outweigh the cost, particularly for liability claims. In a recent study of 1,000 drivers, the average customer is overpaying over $825 a year so it’s important to compare rates at least once a year to save money.

How do Insurance Providers Determine Jeep Liberty Insurance Premiums?

Smart consumers have a good feel for some of the things that aid in calculating the price you pay for car insurance. If you have some idea of what influences your rates, this helps enable you to make changes that can help you get cheaper rates. Many different elements are considered when you get your auto insurance bill. Some of the criteria are obvious like an MVR report, but others are more transparent such as your marital status or how safe your car is.

Listed below are some of the most rate-impacting factors car insurance companies consider when setting your prices.

• Bundling policies can get discounts – Many car insurance companies will award a discount for people who buy several policies from them, otherwise known as a multi-policy discount. Even if you already get this discount, it’s still a good idea to comparison shop to make sure you are getting the best deal.
• Vehicles with better crash test results lower prices – Vehicles that have high safety ratings tend to be cheaper to insure. Highly rated vehicles result in less severe injuries and lower rates of occupant injuries translates into fewer and smaller insurance claims and lower rates for you.
• What are good liability limits? – The liability coverage on your policy kicks in if a court rules you are at fault for an accident. Liability provides legal defense which can be incredibly expensive. Liability insurance is quite affordable when compared with rates for comp and collision, so buy as much as you can afford.
• Theft deterrents lowers prices – Choosing a vehicle with an alarm system can help lower your premiums. Theft prevention features such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all help stop car theft.

Portland car insurance companies

Insuring your vehicle with the highest-rated company is hard considering how many different companies there are to choose from in Portland. The ranking data displayed below could help you decide which companies you want to consider purchasing a policy from.

Top 10 Portland Car Insurance Companies by A.M. Best Rank

1. USAA – A++
2. Travelers – A++
3. GEICO – A++
4. State Farm – A++
5. The Hartford – A+
6. Esurance – A+
7. Nationwide – A+
8. Allstate – A+
9. Mercury Insurance – A+
10. Titan Insurance – A+

Top 10 Portland Car Insurance Companies Overall

1. USAA
2. American Family
3. State Farm
4. The Hartford
5. AAA Insurance
6. GEICO
7. The General
8. Titan Insurance
9. Progressive
10. Mercury Insurance

Don’t give up on cheap coverage

Insureds leave their current company for any number of reasons including delays in paying claims, lack of trust in their agent, delays in responding to claim requests or even poor customer service. Regardless of your reason for switching companies, switching companies can be easy and end up saving you some money.

We’ve covered many ideas to save on Jeep Liberty insurance in Portland. The key thing to remember is the more providers you compare, the higher your chance of finding low cost Portland car insurance quotes. You may even be surprised to find that the best rates are with an unexpected company.

While you’re price shopping online, do not buy less coverage just to save a little money. In many instances, an accident victim reduced uninsured motorist or liability limits and found out when filing a claim that the small savings ended up costing them much more. Your goal is to purchase a proper amount of coverage at the lowest possible cost, but don’t skip important coverages to save money.

Other articles

• Reducing Your Risks in a Car Crash Video (iihs.org)
• Who Has Cheap Auto Insurance Rates for Nurses in Portland? (FAQ)
• Who Has Cheap Portland Auto Insurance Quotes for College Graduates? (FAQ)
• Who Has Cheap Portland Auto Insurance Quotes for 19 Year Olds? (FAQ)
• How Can I Save Money on Auto Insurance? (Insurance Information Institute)
• Property Damage Coverage (Liberty Mutual)