Affordable Insurance for a Jeep Wrangler in Detroit

Being forced to pay for expensive car insurance premiums can bottom out your savings account and put a big crunch on your finances. Comparing rates annually can be a smart way to reduce premiums and put more money in your pocket.

Unbelievably, nearly 70% of customers kept their policy with the same company for a minimum of four years, and nearly 40% of drivers have never shopped around. Consumers in the U.S. could cut their rates by 46.5% a year by just shopping around, but they don’t know the rate savings if they swap their current policy for a cheaper one.

Steps to finding low-cost rates for Jeep Wrangler insurance in Detroit

If you want to save money, the best way to get the cheapest Jeep Wrangler insurance in Detroit is to regularly compare price quotes from insurance carriers in Michigan. You can compare prices by following these steps.

First, try to comprehend auto insurance and the modifications you can make to drop your rates. Many policy risk factors that drive up the price like getting speeding tickets and a negative credit rating can be remedied by making small lifestyle or driving habit changes. Keep reading for additional tips to get cheaper coverage and get additional discounts that may be available.

Second, compare prices from direct carriers, independent agents, and exclusive agents. Direct companies and exclusive agencies can only give rate quotes from a single company like Progressive or Allstate, while independent agencies can provide prices for a wide range of companies.

Third, compare the new quotes to your current policy to see if switching to a new carrier will save money. If you can save money and buy the policy, make sure the effective date of the new policy is the same as the expiration date of the old one.

Fourth, provide notification to your current agent or company of your decision to cancel your current policy. Submit a signed application and payment for the new policy. Once coverage is bound, keep your new proof of insurance paperwork with your vehicle’s registration.

A good tip to remember is to make sure you enter identical coverages on every quote and and to get rate quotes from every company you can. Doing this guarantees an accurate price comparison and the best price selection.

There is such a variety of insurers to insure vehicles with, and though it is a good thing to be able to choose, so many choices can make it hard to find a good deal for Jeep Wrangler insurance in Detroit.

Consumers need to price shop coverage before your next renewal because car insurance prices fluctuate regularly. Even if you think you had the best price on Jeep Wrangler insurance in Detroit two years ago there may be better deals available now. There are a lot of ways to save on Wrangler insurance online but we’re going to give you a lot of great tips on how to find affordable car insurance in Detroit.

Companies offering Jeep Wrangler insurance in Michigan

The companies shown below are our best choices to provide price comparisons in Detroit, MI. To buy cheap car insurance in Michigan, it’s highly recommended you visit several of them to find the most affordable auto insurance rates.

Rates and statistics

The table below showcases estimates of insurance prices for Jeep Wrangler models. Having a better understanding of how car insurance prices are figured can help you make smart choices when selecting a policy.

Price data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Michigan minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, claim-free, and multi-policy. Rates do not factor in the specific area where the vehicle is garaged which can raise or lower price quotes noticeably.

Rate comparison for different deductibles

When buying auto insurance, a common question is how low should you set your deductibles. The comparisons below may help to conceptualize how much more you’ll pay when you buy lower versus higher physical damage coverage deductibles. The first table uses a $100 deductible and the second price table uses a $1,000 deductible.

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Michigan minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-vehicle, and multi-policy. Prices do not factor in specific zip code location which can lower or raise coverage rates greatly.

Using the data above, we can ascertain that using a $100 deductible will cost you about $55 more each month or $660 each year than quoting the higher $1,000 deductible. Because you would pay $900 more if you file a claim with a $1,000 deductible as compared to a $100 deductible, if you go at a minimum 16 months between claims, you would save more money going with the higher deductible.

One thing to note is that a higher deductible level results in a higher out-of-pocket expense at claim time. You need to make sure you have enough money put aside in the event you need to pay more for the deductible.

The information below demonstrates how choosing different deductibles and can influence Jeep Wrangler insurance prices for each age group. The rate quotes are based on a married female driver, full physical damage coverage, and no discounts are applied.

Gender differences in auto insurance premiums

The information below illustrates the difference between Jeep Wrangler annual premium costs for male and female drivers. The information is based on no claims or driving violations, comprehensive and collision coverage, $250 deductibles, drivers are not married, and no other discounts are factored in.

Liability only or full coverage

The diagram below compares Jeep Wrangler auto insurance costs with liability coverage only compared to full coverage. The data assumes no claims or driving violations, $100 deductibles, marital status is single, and no discounts are applied to the premium.

Are you wasting money on full coverage?

There is no set rule to stop paying for comp and collision coverage, but there is a general convention. If the yearly cost of full coverage is more than 10% of any settlement you would receive from your insurance company, then it’s probably a good time to buy liability coverage only.

For example, let’s pretend your Jeep Wrangler replacement value is $9,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, the most you would get paid by your company is $8,000 after paying the physical damage deductible. If you are paying more than $800 a year for your policy with full coverage, then you may want to consider only buying liability coverage.

There are some situations where dropping physical damage coverage is not a good plan. If you have an outstanding loan on your vehicle, you are required to maintain full coverage in order to satisfy the requirements of the loan. Also, if your finances do not allow you to purchase a different vehicle in the even your car is totaled, you should not eliminate full coverage.

Components of Your Jeep Wrangler Insurance Prices

Many factors are considered when you quote your car insurance policy. A few of the factors are predictable like a motor vehicle report, although others are more transparent such as your marital status or how safe your car is. Consumers need to have an understanding of the factors that are used to determine your policy premiums. If you know what impacts premium levels, this empowers consumers to make smart changes that could help you find better insurance rates.

• Do you qualify for a multi-policy discount? – Most major insurers allow better rates to clients that buy multiple policies such as combining an auto and homeowners policy. If you currently are using one company, consumers should still compare other company rates to help ensure you have the lowest rates.

• More performance means more cost – The performance of the vehicle you drive makes a big difference in your premium level. The lowest base rates are for lower cost passenger vehicles, but there are many factors that impact the final cost.

  The following data uses these assumptions: single female driver age 40, full coverage with $500 deductibles, and no discounts or violations. The chart compares Jeep Wrangler insurance premiums compared to other vehicles that have different performance risks.

• Liability insurance claims can be big – The liability section of your policy will afford coverage if ever you are determined to be liable for an accident. Your liability coverage provides legal defense which can cost a lot. This coverage is very inexpensive compared to insuring for physical damage coverage, so drivers should buy more than the minimum limits required by law.
• A car insurance policy lapse is a bad thing – Allowing your coverage to lapse is a quick way to increase your renewal premiums. And not only will insurance be more expensive, getting caught without coverage could result in a steep fine or even jail time. You may have to prove you have insurance by filing a SR-22 with the Michigan motor vehicle department to get your license reinstated.
• Don’t abuse insurance claims – Insurance companies in Michigan award discounts to policyholders that do not abuse their auto insurance. If you’re an insured who likes to file claims you can look forward to either policy cancellation or increased premiums. Auto insurance is designed for the large, substantial claims.
• Theft deterrents save – Choosing a vehicle with a theft deterrent system can help bring down rates. Theft prevention features such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all help prevent car theft.

• Get a ticket, pay higher rates – How you drive impacts your car insurance rates tremendously. Attentive drivers receive lower rates compared to drivers with tickets. Only having one citation can boost insurance rates forty percent or more. Drivers who get license-revoking tickets like DWI, reckless driving or hit and run convictions may find they need to submit a SR-22 form with their state’s department of motor vehicles in order to drive a vehicle legally.

  The example below shows how traffic citations and accident claims raise Jeep Wrangler auto insurance costs for different categories of driver ages. Data assumes a married male driver, comprehensive and collision coverage, $1,000 deductibles, and no discounts are factored in.

• Marriage can save on insurance – Walking down the aisle may earn you lower rates when buying insurance. It usually means you are more mature and insurance companies like that married drivers tend to have fewer serious accidents.

• Jeep Wrangler insurance loss data – Auto insurance companies include the past claim history for a vehicle when they set coverage costs for each model. Vehicles that historically have higher claim frequency or loss amount will cost more for specific coverages.

  The table below illustrates the loss history for Jeep Wrangler vehicles. For each type of coverage, the claim probability for all vehicles combined as an average is set at 100. Numbers that are below 100 indicate better than average losses, while values that are above 100 indicate higher probability of having a loss or an increased likelihood of larger losses.

  
  

  Insurance Loss Ratings for Jeep Wrangler Vehicles

  Vehicle Make and Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Jeep Wrangler 2dr SWB 4WD	54	134	71	57	52	102
  Jeep Wrangler 4dr 4WD	58	151	82	66	62	120

  BETTER

  AVERAGE

  WORSE

  Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Discounts mean cheaper rates for Jeep Wrangler insurance in Detroit

Auto insurance is expensive, but there could be available discounts that you may not even know about. Many of these discounts will be applied automatically when you purchase, but some may not be applied and must be manually applied before you will receive the discount. If you don’t get every credit available, you are throwing money away.

• Discounts for Good Drivers – Insureds who avoid accidents can pay as much as 50% less than drivers with accident claims.
• Anti-theft Discount – Cars, trucks, and SUVs optioned with advanced anti-theft systems are less likely to be stolen and can earn a small discount on your policy.
• Include Life Insurance and Save – Larger companies have a discount if you purchase life insurance.
• No Charge for an Accident – This one is not really a discount per se, but some companies like State Farm and GEICO may permit one accident before raising your premiums if you have no claims before the accident.
• Multiple Cars – Drivers who insure multiple cars or trucks on the same auto insurance policy can get a discount for every vehicle.
• Multi-policy Discount – When you have multiple policies with the same insurance company you may earn over 10 percent off each policy depending on the company.
• Paperless Signup – A handful of larger companies may give you up to $50 shop Detroit auto insurance on their website.

As is typical with insurance, some of the credits will not apply to your bottom line cost. Some only reduce the price of certain insurance coverages like collision or personal injury protection. So when it seems like it’s possible to get free car insurance, auto insurance companies aren’t that generous. Any qualifying discounts should definitely cut the cost of your policy.

The chart below illustrates the comparison of Jeep Wrangler insurance costs with and without discounts applied to the policy premium. The data assumes a male driver, no claims or violations, Michigan state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, homeowner, marriage, multi-car, multi-policy, and safe-driver discounts applied.

A few companies that may offer policyholders these discounts possibly include:

• State Farm
• Progressive
• Travelers
• American Family
• Liberty Mutual

It’s a good idea to ask each insurance company the best way to save money. Some of the earlier mentioned discounts might not be available to policyholders in Detroit. To find providers that have a full spectrum of discounts in Detroit, click this link.

Insurance agent or online?

Many people would prefer to buy from a local agent and doing so can bring peace of mind The biggest benefit of price shopping on the web is the fact that you can find better rates and still have an agent to talk to.

After filling out this form (opens in new window), your insurance data is immediately sent to participating agents in Detroit who can give free rate quotes for your business. You won’t even need to search for an agent since rate quotes are delivered directly to you. You’ll get the best rates without a big time investment. If you need to get a rate quote from a specific car insurance provider, you would need to jump over to their website to submit a rate quote request.

Picking the best provider should depend on more than just a cheap price quote. Ask your prospective agent these questions:

• Are they able to influence company decisions when a claim is filed?
• Do clients work directly with the agent or are most inquiries handled by a CSR?
• Will a damage claim use OEM or aftermarket replacement parts?
• Can glass repairs be made at your home?
• Is coverage determined by price?

Final considerations

Cost effective Jeep Wrangler insurance can be found online in addition to many Detroit insurance agents, and you need to comparison shop both in order to have the best chance of saving money. A few companies may not have online price quotes and most of the time these regional insurance providers only sell through independent agents.

You just learned many tips how you can get a better price on Jeep Wrangler insurance in Detroit. The key thing to remember is the more companies you get car insurance rates for, the better your comparison will be. Drivers may even discover the lowest rates are with an unexpected company. Regional companies can often provide lower car insurance rates in certain areas as compared to the big name companies such as Progressive and GEICO.

How to find lower priced Jeep Wrangler insurance in Detroit

Really, the only way to find the cheapest price for Jeep Wrangler insurance is to start doing an annual price comparison from different companies that sell auto insurance in Detroit.

1. Try to learn about the coverage provided by your policy and the things you can change to drop your rates. Many rating factors that drive up the price such as speeding tickets, careless driving and a substandard credit score can be rectified by making minor changes to your lifestyle.
2. Quote rates from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only provide price estimates from a single company like GEICO and Allstate, while independent agents can give you price quotes from multiple companies.
3. Compare the new quotes to the premium of your current policy and see if there is a cheaper rate in Detroit. If you find better rates, ensure coverage does not lapse between policies.
4. Provide notification to your current company to cancel the current policy and submit the application along with any required down payment to your new company or agent. Once the paperwork is finalized, store the proof of insurance certificate above your visor, in the console, or in the glove compartment.

An important part of this process is that you’ll want to make sure you compare the same deductibles and limits on each price quote and and to compare as many car insurance companies as possible. Doing this guarantees an accurate price comparison and many rates to choose from.

More detailed insurance information is available in the articles below:

• If I File a Claim will My Insurance Go Up? (Insurance Information Institute)
• Can I Drive Legally without Insurance? (Insurance Information Institute)
• Should I Buy a New or Used Car? (Allstate)