Cheap Insurance for a Jeep Wrangler in Columbus

If you’ve never shopped for Columbus auto insurance quotes online, you may be bewildered by the sheer number of insurers who claim to have the best car insurance rates.

Regrettably, the vast majority of car insurance customers have remained with the same car insurance company for well over three years, and almost 40% of drivers have never shopped around. With the average premium in Ohio being $1,300, drivers could pocket almost 55% a year by just shopping around, but most undervalue the amount of savings they would get if they switched to a more affordable policy.

It’s smart to get comparison quotes on a regular basis due to the fact that insurance prices are adjusted regularly by insurance companies. If you had the lowest rate on Jeep Wrangler insurance in Columbus last year there may be better deals available now. Forget anything you know (or think you know) about car insurance because you’re about to learn the best methods to save money, get proper coverage and the best rates.

Comparing quotes for affordable coverage in Columbus is not as confusing as people think. Nearly every car owner who quotes auto insurance will find a cheaper policy. But Ohio vehicle owners need to have an understanding of the way companies determine what you pay and take advantage of how the system works.

When price shopping your coverage, comparing a large number of companies gives you a better chance of getting lower pricing. Some smaller insurers do not give rate quotes online, so it’s recommended that you also compare rates on coverage from those companies, too.

The companies shown below have been selected to offer free rate quotes in Ohio. If multiple companies are shown, it’s highly recommended you get prices from several of them to find the lowest auto insurance rates.

Three good reasons to insure your Wrangler

Even though it can be expensive, buying insurance is not optional due to several reasons.

• Most states have mandatory insurance requirements which means you are required to carry specific limits of liability coverage in order to get the vehicle licensed. In Ohio these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
• If you took out a loan on your Wrangler, most banks will make it mandatory that you have insurance to ensure they get paid if you total the vehicle. If you let the policy lapse, the lender may have to buy a policy to insure your Jeep at a much higher premium rate and require you to pay a much higher amount than you were paying before.
• Insurance protects not only your car but also your financial assets. It will also pay for medical transport and hospital expenses incurred in an accident. As part of your policy, liability insurance will also pay for a defense attorney if you cause an accident and are sued. If your car is damaged in a storm or accident, your policy will cover the damage repairs after a deductible is paid.

The benefits of having insurance greatly outweigh the cost, specifically if you ever have a liability claim. Despite what companies tell you, the average driver is currently overpaying as much as $750 every year so you should quote your policy with other companies at least once a year to be sure current rates are still competitive.

Insurance data for a Jeep Wrangler

The rate information shown next showcases estimates of coverage prices for Jeep Wrangler models. Having knowledge of how insurance premiums are established is important for you to make decisions on the best policy coverages.

Price data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Ohio minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, multi-policy, and homeowner. Price estimates do not factor in Columbus location which can affect auto insurance rates considerably.

Physical damage deductible comparison

The hardest decision when buying coverage is which deductible level should you buy. The rates shown below may help to illustrate the differences in premium rates when you choose different comp and collision deductibles. The first rate comparisons uses a $250 comprehensive and collision deductible and the second set of rates uses a $500 deductible.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, multi-vehicle, and safe-driver. Premium amounts do not factor in specific location information which can increase or decrease coverage rates noticeably.

We can derive from the above data that using a $250 deductible costs about $8 more each month or $96 a year 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 tend to have at a minimum 31 months between claims, you would probably come out ahead if you opt for a higher deductible. The table below illustrates the way you can do this calculation yourself.

One important caveat is that a higher deductible means you pay more out-of-pocket when you do file a claim. That will require enough money stashed away in the event you have to pay the higher deductible in order to repair your vehicle.

The diagram below illustrates how your choice of deductibles and can impact Jeep Wrangler annual premium costs for different categories of driver ages. The premiums assume a married male driver, comprehensive and collision coverage, and no discounts are applied to the premium.

How accidents and tickets impact rates in Columbus

The chart below illustrates how traffic citations and at-fault collisions raise Jeep Wrangler insurance costs for different ages of insureds. The premiums are based on a single male driver, comp and collision included, $250 deductibles, and no policy discounts are applied.

Comparison of insurance rates by gender

The diagram below shows the comparison of Jeep Wrangler auto insurance rates for male and female drivers. The rates are based on no driving violations, no at-fault accidents, full physical damage coverage, $100 deductibles, marital status is single, and no additional discounts are factored in.

Cost comparison with and without full coverage

The chart below illustrates the comparison of Jeep Wrangler insurance rates with liability coverage only compared to full coverage. The data is based on no accidents or driving violations, $500 deductibles, drivers are not married, and no additional discounts are factored in.

When to stop paying for full coverage

There isn’t a written rule of when to drop physical damage insurance, but there is a general guideline you can use. If the annual cost of comprehensive and collision coverage is more than about 10% of the replacement cost minus the deductible, then it could be time to drop full coverage.

For example, let’s say your Jeep Wrangler settlement value is $6,000 and you have $1,000 policy deductibles. If your vehicle is damaged in an accident, you would only receive $5,000 after paying your deductible. If it’s costing in excess of $500 annually for your policy with full coverage, then it’s probably a good time to buy liability coverage only.

There are a few situations where eliminating full coverage is not recommended. If you haven’t satisfied your loan, you are required to maintain full coverage in order to keep the loan. Also, if you cannot afford to purchase a different vehicle in case of an accident, you should keep full coverage in place.

Insurance rates and discounts

Insuring your fleet can be pricey, but discounts can save money and there are some available that could drop your premiums quite a bit. Some of these discounts will be visible at the time you complete a quote, but a few need to be asked for prior to receiving the credit.

• Discount for Multiple Policies – If you can combine your homeowners and auto policy with one company you will save up to 20% and get you affordable Jeep Wrangler insurance rates in Columbus.
• Military Deployment Discount – Having an actively deployed family member could be rewarded with lower prices.
• Telematics Devices – Policyholders that allow their insurance company to track vehicle usage remotely such as Allstate’s Drivewise and State Farm’s In-Drive system could see a rate decrease if they are good drivers.
• Resident Student – Any of your kids who attend college more than 100 miles from Columbus and do not have a car could get you a discount.
• Seat Belt Usage – Forcing all vehicle occupants to use their safety belts can save a little off the PIP or medical payment premium.

Discounts reduce rates, but you should keep in mind that most credits do not apply to all coverage premiums. A few only apply to the cost of specific coverages such as liability and collision coverage. Even though the math looks like adding up those discounts means a free policy, you aren’t that lucky.

The information below visualizes the comparison of Jeep Wrangler auto insurance costs with and without discounts applied to the policy rates. The data assumes a male driver, no violations or accidents, Ohio state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, multi-car, claim-free, marriage, homeowner, and safe-driver discounts applied.

A few companies that may offer quotes with these money-saving discounts include:

• State Farm
• Liberty Mutual
• American Family
• Progressive
• Farmers Insurance
• Auto-Owners Insurance
• SAFECO

Double check with all the companies to apply every possible discount. Some discounts listed above may not apply to policyholders in every state.

How to know if you need help

Keep in mind that when it comes to choosing coverage, there is no cookie cutter policy. Your needs are unique to you.

These are some specific questions can help discover if you will benefit from professional help.

• Can I drive in Mexico and have coverage?
• Does car insurance cover theft of personal property?
• Do I need replacement cost coverage?
• Are all vehicle passengers covered by medical payments coverage?
• Should I bundle my homeowners policy with my auto?
• Does liability extend to a camper or trailer?
• Are my friends covered when driving my car?
• Can I afford to buy a different vehicle if my Jeep Wrangler is totaled?
• Do I need an umbrella policy?

If you can’t answer these questions but a few of them apply, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, fill out this quick form.