Auto Insurance Quotes for a Jeep Liberty in Columbus

How many times have you told yourself to find the cheapest Jeep Liberty insurance in Columbus? Paying for pricey Jeep Liberty insurance in Columbus can consume your monthly budget and require stricter spending habits. Comparing cost estimates is a great way to make sure you’re not throwing money away.

Anyone knows that auto insurance companies don’t want you to look at other companies. Drivers who perform rate comparisons are likely to buy a different policy because there is a good probability of finding a lower-priced policy. A study discovered that consumers who faithfully checked for cheaper rates saved approximately $3,500 over four years compared to drivers who don’t make a habit of comparing rates.

If finding the lowest price for Jeep Liberty insurance in Columbus is your ultimate goal, then knowing the best way to compare insurance can help you be more efficient. Because you have many choices of insurance companies that have cheap insurance for a Jeep Liberty in Columbus, it is hard for the average consumer to pick the most cost effective auto insurance company.

Finding a better price on insurance doesn’t have to be difficult. All you need to do is spend a little time to compare rates to discover which company has the cheapest Jeep Liberty rate quotes.

Online shopping is fast and free, and it replaces the need to physically go to insurance agents’ offices. Comparing Jeep Liberty insurance rate quotes online can eliminate the need for a local agent unless you want the personal advice of a local agency. However, consumers can get prices online but have your policy serviced through an agent.

The companies in the list below are ready to provide comparison quotes in Ohio. If the list has multiple companies, it’s highly recommended you compare several of them to find the cheapest auto insurance rates.

Discounts mean cheaper rates for Jeep Liberty insurance in Columbus

Not many people think insurance is cheap, but you might already qualify for some discounts that can drop the cost substantially. Some of these discounts will be visible when you get a quote, but occasionally some discounts must be inquired about before you get the savings.

• Payment Discounts – If paying your policy premium upfront rather than spreading payments over time you may have a lower total premium amount.
• Federal Employees – Federal government employees can save as much as 8% depending on your auto insurance provider.
• Distant Student Discount – Youth drivers living away from Columbus attending college and don’t have a car can receive lower rates.
• Columbus Homeowners Discount – Being a homeowner can earn you a little savings since owning and maintaining a home is proof of financial responsibility.
• Braking Control Discount – Cars, trucks, and SUVs with anti-lock braking systems have fewer accidents and qualify for as much as a 10% discount.

As a footnote on discounts, some of the credits will not apply to your bottom line cost. Most only cut the price of certain insurance coverages like liability, collision or medical payments. So despite the fact that it appears having all the discounts means you get insurance for free, it doesn’t quite work that way. But any discount should help lower your auto insurance premiums.

The example below visualizes the comparison of Jeep Liberty annual premium costs with and without policy discounts. The data is based on a female driver, no violations or accidents, Ohio state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-car, marriage, claim-free, multi-policy, and safe-driver discounts applied.

Popular auto insurance companies and some of the premium reductions they offer are outlined below.

• Travelers offers discounts including multi-policy, continuous insurance, home ownership, save driver, and IntelliDrive.
• 21st Century offers premium reductions for defensive driver, 55 and older, homeowners, good student, theft prevention, anti-lock brakes, and teen driver.
• State Farm may include discounts for safe vehicle, Steer Clear safe driver discount, anti-theft, good student, and multiple policy.
• GEICO has discounts for defensive driver, multi-vehicle, anti-lock brakes, membership and employees, anti-theft, military active duty, and five-year accident-free.
• SAFECO may offer discounts for safe driver, multi-car, anti-lock brakes, homeowner, teen safety rewards, and bundle discounts.
• AAA may have discounts that include multi-policy, good student, AAA membership discount, good driver, and anti-theft.

Before buying, ask every company how you can save money. Some discounts listed above may not apply in Columbus. To view companies that provide some of the discounts listed above in Columbus, follow this link.

Insurance analysis for a Jeep Liberty

The coverage table displayed next showcases detailed analysis of insurance rates for Jeep Liberty models. Having a better understanding of how rate quotes are determined is important for drivers to make smart choices when buying a policy.

Data rating is based on single female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Ohio minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, safe-driver, and multi-policy. Prices do not factor in specific Columbus garaging location which can impact coverage prices significantly.

Physical damage deductibles: Should you raise them?

One of the more difficult decisions when buying insurance is the level to set your comp and collision deductibles. The rates below may help you to understand how much more you’ll pay of buying low and high physical damage coverage deductibles. The first data table uses a $250 deductible and the second pricing table uses a $1,000 deductible.

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include claim-free, safe-driver, multi-policy, multi-vehicle, and homeowner. Estimates do not factor in vehicle garaging location which can decrease or increase coverage rates significantly.

We can estimate from the data above that using a $250 deductible costs approximately $16 more each month or $192 every year than choosing the higher $1,000 deductible. Because you would pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you normally go at a minimum 47 months between claim filings, you would save more money going with the higher deductible. The table below illustrates an example of how you can perform this determination yourself.

One thing to be aware of is that increasing deductibles to save money results in having to pay to pay more out-of-pocket when you have a claim. You must have enough disposable savings in the event you have to pay the higher deductible in order to repair your vehicle.

Irresponsible driving raises your rates

The chart below demonstrates how speeding tickets and at-fault collisions raise Jeep Liberty yearly insurance costs for different age groups of insureds. The information is based on a married male driver, full coverage, $100 deductibles, and no additional discounts are factored in.

Rate comparison of full coverage and liability-only

The information below shows the difference between Jeep Liberty car insurance rates with full physical damage coverage and with liability coverage only. The rates are based on no violations or claims, $1,000 deductibles, single marital status, and no additional discounts are factored in.

Guidelines for dropping full coverage

There is no written rule for dropping physical damage coverage, but there is a guideline you can use. If the annual cost of your full coverage insurance is more than about 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 Liberty replacement value is $9,000 and you have $1,000 policy deductibles. If your vehicle is totaled, you would only receive $8,000 after paying your policy deductible. If it’s costing in excess of $800 annually for full coverage, then you may want to consider only buying liability coverage.

There are a few cases where buying only liability insurance is not financially feasible. If you still owe a portion of the original loan, you are required to maintain full coverage in order to keep the loan. Also, if your savings is not enough to buy a different vehicle in the event your current vehicle is totaled, you should keep full coverage.

Smart Consumers Save More

Many things are part of the equation when premium rates are determined. Most are fairly basic such as your driving record, but some are less apparent like where you live and annual miles driven.

Pay less with a high IIHS safety rating – Vehicles that have high safety ratings cost less to insure. Safer cars result in less severe injuries and lower rates of occupant injuries translates into fewer and smaller insurance claims and thus lower rates. If your Jeep has at least four stars on Safercar.gov or an “acceptable” rating on iihs.org you are probably receiving a discount.

Always keep your coverage in place – Driving without insurance is not a good idea and as a result your rates will increase for letting your insurance lapse. In addition to paying higher rates, failure to provide proof of insurance may earn you a license revocation or jail time. You may need to provide proof of insurance in the form of an SR-22 filing with the Ohio motor vehicle department to get your license reinstated.

Gender and insurance coverage costs – Over time, data shows that men are more aggressive behind the wheel. However, this does not mean females are better at driving than males. Both sexes get in at-fault accidents at a similar rate, but guys tend to have higher claims. Not only are claims higher, but men get cited for more serious violations such as reckless driving. Young men ages 16 to 20 tend to get in the most accidents so it costs more to insure them.

The illustration below illustrates the difference between Jeep Liberty insurance premiums for male and female drivers. The data assumes a clean driving record, no claims, comprehensive and collision coverage, $250 deductibles, drivers are not married, and no discounts are taken into consideration.

How do annual miles impact premiums? – The more you drive your Jeep every year the more it will cost to insure it. Many insurance companies calculate prices determined by how the vehicle is used. Vehicles that have low annual miles qualify for better rates than vehicles that are driven to work every day. Double check that your car insurance policy properly reflects the right rating data. Having the wrong rating on your Liberty may be costing you.

File insurance claims and pay more – If you frequently file small claims, you can definitely plan on either higher rates or even cancellation. Companies in Ohio award the lowest premiums to policyholders who only file infrequent claims. Your insurance policy is meant to be used in the event of more catastrophic claims.

Save money by raising deductibles – Deductibles for physical damage are how much you are willing to pay if a claim is determined to be covered. Physical damage insurance, termed comprehensive and collision coverage on your policy, covers damage that occurs to your car. A few examples of covered claims would be colliding with a stationary object, animal collisions, and damage from wind. The higher the amount you pay before a claim is paid (deductible), the less your car insurance will be.