Are you irritated from sacrificing other expenses to insure your Jeep every month? Your situation is no different than many other Arizona drivers.
Astonishing but true according to a recent study, a large majority of drivers kept buying from the same company for a minimum of four years, and just under half have never compared insurance rates at all. Drivers in Arizona can save hundreds of dollars each year just by comparing rates, but most undervalue the benefits if they switched.
How to buy cheaper Jeep Compass insurance in Tucson
It takes a little time, but the best way to save money on car insurance rates is to annually compare prices from providers who sell auto insurance in Tucson. Rates can be compared by following these guidelines.
First, it will benefit you to learn about how auto insurance works and the measures you can take to keep rates down. Many rating factors that are responsible for high rates like at-fault accidents and a not-so-good credit history can be eliminated by making minor driving habit or lifestyle changes. Continue reading for more details to lower rates and find possible discounts that are available.
Second, get rate quotes from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can only provide price estimates from one company like GEICO or Allstate, while independent agencies can provide prices from many different companies.
Third, compare the new rates to the price on your current policy to determine if you can save on Compass insurance in Tucson. If you find better rates and change companies, make sure there is no coverage gap between policies.
The critical component of shopping around is to make sure you’re comparing identical deductibles and limits on every quote and and to analyze as many different companies as possible. Doing this ensures a level playing field and the most accurate and complete price analysis.
Due to the fact that there are so many options for buying cheaper insurance for a Jeep Compass in Tucson, it is hard for the average consumer to choose the best insurance provider.
It’s smart to price shop coverage as often as possible because insurance rates change regularly. Even if you think you had the lowest premium rates on Jeep Compass insurance in Tucson six months ago there may be better deals available now. Forget all the misinformation about insurance because we’re going to demonstrate the fastest way to find the best coverage while lowering your premiums.
Quoting and comparing the most affordable auto insurance policy in Tucson is not as hard as you think. Basically, every driver who compares rates for auto insurance most likely will find a cheaper policy. But Arizona consumers do need to learn the way companies determine prices because rates are impacted by many factors.
Why Informed Drivers Pay Less for Jeep Compass Insurance
Many things are taken into consideration when you quote your car insurance policy. A few of the factors are predictable like a motor vehicle report, although some other factors are more obscure like your continuous coverage or your vehicle rating.
Reduce rates by driving safer cars – Safe vehicles tend to have better insurance rates. Highly rated vehicles have better occupant injury protection and reduced instances of injuries translates into fewer and smaller insurance claims and thus lower rates. If your Jeep Compass is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may be receiving a better rate.
Low deductibles can be expensive – The deductibles state the amount of money you are required to pay if a claim is determined to be covered. Physical damage protection, termed comprehensive and collision coverage on your policy, covers damage that occurs to your car. A few examples of covered claims could be colliding with a stationary object, animal collisions, and damage caused by road hazards. The higher the amount you pay before a claim is paid (deductible), the better rate you will receive.
Urban residents pay more – Living in a rural area can be a good thing when buying insurance. Residents of big cities regularly have more road rage incidents and longer commute times. Fewer drivers and short commutes translates into fewer accidents as well as less vandalism and auto theft.
Gender and insurance – Over the last 30 years, statistics show women are more cautious behind the wheel. This data doesn’t prove that females are better drivers. They both tend to get into fender benders at about the same rate, but guys cause more damage. Men also receive more costly citations such as DWI and reckless driving. Teenage male drivers tend to get in the most accidents so they pay the highest premiums.
The diagram below shows the comparison of Jeep Compass insurance costs for male and female drivers. The data is based on a clean driving record, no claims, comp and collision included, $1,000 deductibles, single status, and no additional discounts are factored in.
Jeep Compass insurance loss data – Car insurance companies analyze historical claim data as a way to help calculate a profitable premium price. Vehicles that historically have higher prevalence or dollar amount of losses will be charged more to insure.
The data below shows the historical loss data for Jeep Compass vehicles. For each coverage category, the claim amount for all vehicles as a whole equals 100. Percentage numbers below 100 suggest losses that are better than average, while numbers above 100 point to more claims or a tendency for claims to be larger.
| Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Jeep Compass 4dr 2WD | 87 | 135 | 58 | 128 | 124 | 142 |
| Jeep Compass 4dr 4WD | 76 | 114 | 63 | 99 | 107 | 106 |
Statistics from IIHS.org for 2013-2015 Model Years
Premium rates and analysis
The information below showcases a range of rate quotes for Jeep Compass models. Having knowledge of how car insurance premiums are figured can help guide drivers when making smart choices when buying a car insurance policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Compass Sport 2WD | $150 | $238 | $308 | $18 | $92 | $806 | $67 |
| Compass Sport 4WD | $172 | $290 | $308 | $18 | $92 | $880 | $73 |
| Compass Limited 2WD | $172 | $290 | $308 | $18 | $92 | $880 | $73 |
| Compass Limited 4WD | $172 | $290 | $308 | $18 | $92 | $880 | $73 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Arizona minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, claim-free, and multi-policy. Information does not factor in vehicle garaging location which can modify price quotes greatly.
Car insurance deductibles
One of the hardest decisions when shopping for car insurance is which deductible level should you buy. The rates below highlight the cost difference between high and low coverage deductibles. The first set of prices uses a $250 comprehensive and collision deductible and the second pricing table uses a $1,000 deductible.
| 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 | |||||||
| 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 | |||||||
Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Arizona minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, homeowner, and multi-policy. Rates do not factor in specific location information which can affect rates greatly.
Using the premium rates above, we can conclude that using a $250 deductible costs an average of $20 more each month or $240 annually than choosing the higher $1,000 deductible. Since you would have to pay $750 more out-of-pocket with a $1,000 deductible as compared to a $250 deductible, if you tend to go at least 38 months between claims, you would most likely save money if you opt for a higher deductible.
Calculate savings of higher 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 issue to know is that a higher deductible level means you will have to pay more at claim time. You will want to have enough money stashed away in the event you have to pay the deductible.
The chart below illustrates how your choice of deductibles and can raise or lower Jeep Compass insurance prices for each age group. The premium estimates are based on a single male driver, comprehensive and collision coverage, and no discounts are taken into consideration.
Rate comparison of full coverage and liability-only
The chart below illustrates the difference between Jeep Compass insurance premiums when comparing full coverage to liability only. The rate quotes are based on no claims or driving violations, $500 deductibles, single status, and no additional discounts are factored in.
When to drop comprehensive and collision
There is no specific rule to stop paying for full coverage, but there is a general guideline. If the annual cost of coverage is 10% or more of the vehicle’s replacement cost less your deductible, then you might want to consider buying only liability coverage.
For example, let’s say your Jeep Compass replacement value is $6,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $5,000 after you pay the deductible. If you are paying over $500 a year for your policy with full coverage, then it may be the right time to buy liability only.
There are some scenarios where dropping full coverage is not a good plan. If you haven’t paid off your loan, you must maintain physical damage coverage to protect the lienholder’s interest in the vehicle. Also, if your savings is not enough to buy a different vehicle if your current one is damaged, you should not opt for liability only.
Auto insurance policy discounts for Jeep Compass insurance in Tucson
The price of auto insurance can be rather high, but you may qualify for discounts that you may not even know about. Certain discounts will be triggered automatically at the time of purchase, but occasionally some discounts must be specifically requested before being credited.
- Active Military Service – Having a family member in the military could trigger a small discount.
- Discount for Multiple Policies – When you combine your homeowners and auto insurance and insure them with the same company you may earn at least 10 to 15 percent or more.
- Passenger Safety Discount – Factory air bags and/or automatic seat belt systems can get savings as much as 30%.
- Defensive Driving Course – Successfully completing a defensive driver course can save you 5% or more and make you a better driver.
- Senior Citizen Discount – Older drivers are able to get reduced rates.
- Payment Method – If you can afford to pay the entire bill instead of paying each month you may reduce your total bill.
- Discounts for Federal Employees – Federal government employees could qualify for a slight premium decrease with some auto insurance companies.
- Life Insurance – If the company offers life insurance, you could get a discounted auto insurance rate on car insurance if you buy life insurance from them.
- Student Discounts – Excelling in school can earn a discount of 20% or more. Earning this discount can benefit you well after school through age 25.
You should keep in mind that most of the big mark downs will not be given to the entire policy premium. Most cut the price of certain insurance coverages like liability and collision coverage. Despite the fact that it seems like it’s possible to get free car insurance, you aren’t that lucky.
The information below shows the comparison of Jeep Compass insurance costs with and without discounts applied to the premium. The price estimates are based on a female driver, no claims or driving citations, Arizona state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, safe-driver, multi-car, multi-policy, claim-free, and homeowner discounts applied.
Car insurance companies that may include these discounts are:
When getting a coverage quote, ask each company to apply every possible discount. Some of the earlier mentioned discounts might not apply in every state. To see a list of companies who offer auto insurance discounts in Tucson, click here.
Ratings for Arizona car insurance companies
Buying coverage from the highest-rated company can be challenging considering how many companies provide coverage in Arizona. The company information in the next section may help you select which providers you want to consider putting your business with.
Top 10 Tucson Car Insurance Companies Ranked by Claims Service
- State Farm
- Esurance
- AAA Insurance
- GEICO
- Liberty Mutual
- Progressive
- Allstate
- Titan Insurance
- The Hartford
- Mercury Insurance
Top 10 Tucson Car Insurance Companies Ranked by Customer Service
- State Farm
- GEICO
- The Hartford
- Mercury Insurance
- Progressive
- The General
- Allstate
- AAA Insurance
- American Family
- Nationwide
In conclusion
Cost effective Jeep Compass insurance can be found online and from local insurance agents, so get free Tucson auto insurance quotes from both of them to get a complete price analysis. Some insurance providers may not provide rate quotes online and usually these smaller providers only sell coverage through independent agents.
As you go through the steps to switch your coverage, never skimp on critical coverages to save a buck or two. There have been many situations where someone sacrificed liability limits or collision coverage and found out when filing a claim that the small savings ended up costing them much more. The proper strategy is to buy enough coverage for the lowest price while not skimping on critical coverages.
Steps to finding the cheapest rates for Jeep Compass insurance in Tucson
It takes a few minutes, but the best way to find cheaper prices for Jeep Compass insurance is to regularly compare prices from companies who sell auto insurance in Tucson. You can compare rates by completing these steps.
- Get a basic knowledge of how insurance companies determine prices and the modifications you can make to lower rates. Many rating factors that result in higher prices like multiple speeding tickets and a bad credit rating can be remedied by paying attention to minor details.
- Request rate estimates from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only give rate quotes from one company like Progressive or State Farm, while independent agents can quote prices from multiple insurance companies. View insurance agents
- Compare the quotes to the premium of your current policy and determine if cheaper Compass coverage is available. If you can save some money and buy the policy, make sure coverage does not lapse between policies.
An essential thing to point out is that you’ll want to make sure you compare the same coverage limits and deductibles on each price quote and and to get price quotes from as many car insurance companies as possible. This helps ensure the most accurate price comparison and a complete rate analysis.
Additional detailed information can be read in these articles:
- Child Safety FAQ (iihs.org)
- Who Has the Cheapest Tucson Auto Insurance for a 20 Year Old Female? (FAQ)
- What Car Insurance is Cheapest for State Employees in Tucson? (FAQ)
- What Auto Insurance is Cheapest with Multiple Speeding Tickets in Tucson? (FAQ)
- Who Has Affordable Car Insurance Quotes for Inexperienced Drivers in Tucson? (FAQ)
- How Much is Tucson Auto Insurance for a GMC Acadia? (FAQ)
- What is a Telematics Device? (Allstate)
- Tread Depth and Tire Safety (State Farm)
- Event Data Recorders FAQ (iihs.org)
- Automakers compete to add autobraking (Insurance Institute for Highway Safety)