Auto Insurance Rates for a Jeep Liberty in Raleigh

Amazingly, over 70% of consumers have purchased from the same company for over three years, and nearly 40% of drivers have never compared rate quotes at all. With the average premium in North Carolina being $980, drivers can cut their rates by up to 10% a year just by getting comparison quotes, but most tend to underestimate how much money they would save if they switch to a new company.

If saving money is your primary concern, then the best way to find low-cost prices for car insurance rates in Raleigh is to compare prices annually from providers in North Carolina. Rates can be compared by completing these steps.

1. Try to learn a little about how companies price auto insurance and the measures you can control to prevent high rates. Many rating factors that cause high rates such as speeding tickets, accidents and poor credit rating can be rectified by making minor changes to your lifestyle.
2. Obtain price quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only give prices from a single company like GEICO or Farmers Insurance, while agents who are independent can provide rate quotes from multiple insurance companies. Click to view companies
3. Compare the new rates to your current policy premium to determine if you can save on Liberty insurance. If you can save some money and buy the policy, make sure there is no coverage gap between policies.
4. Provide notification to your current agent or company to cancel the current policy. Submit the completed application along with a down payment to the newly selected company. Immediately put the certificate verifying proof of insurance in an accessible location in your vehicle.

A good tip to remember is to make sure you enter identical coverages on each price quote and to quote with as many auto insurance providers as possible. Doing this helps ensure a level playing field and the best price quote selection.

First Step: Get free Jeep Liberty insurance quotes

The companies shown below provide quotes in North Carolina. If you want to find cheap car insurance in Raleigh, we recommend you get rate quotes from several of them to get the lowest price.

Car insurance data for a Jeep Liberty

The rate table shown next covers different policy rates for Jeep Liberty models. Learning how rates are formulated can be useful when making informed decisions when shopping around for a new policy.

Cost estimates assume single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and North Carolina minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-vehicle, and multi-policy. Estimates do not factor in vehicle garaging location which can decrease or increase premiums significantly.

Car insurance deductibles

When comparing car insurance rates, the most common question is at what level do you set your deductibles. The comparisons below can help you visualize the rate fluctuation between low and high physical damage deductibles. The first set of prices uses a $250 physical damage coverage deductible and the second pricing table uses a $500 deductible.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-policy, and multi-vehicle. Rate information does not factor in specific garaging location which can alter premiums substantially.

Based on this data, we can arrive at the conclusion that using a $250 deductible could cost the average driver approximately $10 more each month or $120 a year than choosing the higher $500 deductible. Since you would pay $250 more if you turn in a claim with a $500 deductible as compared to a $250 deductible, if you tend to go at least 25 months between claims, you would more than likely save some money if you decide on a higher deductible.

One thing to note is that raising deductibles to save money results in a higher out-of-pocket expense when you have a claim. That will force you to have some money saved in the event you need to pay the deductible.

Careless Raleigh drivers pay higher rates

The example below demonstrates how traffic citations and accident claims can affect Jeep Liberty premium costs for different age groups. The premiums are based on a married female driver, full physical damage coverage, $1,000 deductibles, and no discounts are applied.

Three reasons to insure your vehicle

Even though it can be expensive, auto insurance serves several important purposes.

First, just about all states have minimum mandated liability insurance limits which means the state requires specific limits of liability protection in order to drive the car. In North Carolina these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.

Second, if you bought your Jeep Liberty with a loan, it’s guaranteed your bank will make it a condition of the loan that you buy full coverage to guarantee payment of the loan. If coverage lapses or is canceled, the lender may have to buy a policy to insure your Jeep at an extremely high rate and make you pay for the expensive policy.

Third, auto insurance protects both your Jeep Liberty and your personal assets. It also can pay for medical transport and hospital expenses that are the result of an accident. Liability insurance, one of your policy coverages, also covers legal expenses in the event you are sued. If your car is damaged in a storm or accident, collision and comprehensive (also known as other-than-collision) coverage will cover the damage repairs after a deductible is paid.

The benefits of insuring your car are definitely more than the cost, specifically if you ever have a liability claim. An average driver in America overpays more than $750 every year so smart consumers compare quotes at least once a year to ensure rates are competitive.

Get discounts on Raleigh insurance

Companies don’t always list their entire list of discounts in an easy-to-find place, so the next list breaks down both well-publicized as well as the least known savings tricks you should be using when you buy Raleigh auto insurance online.

• Discounts for Cautious Drivers – Drivers who avoid accidents can save up to 40% or more on their Raleigh auto insurance quote compared to accident prone drivers.
• Discounts for New Vehicles – Adding a new car to your policy can get you a discount because newer vehicles are generally safer.
• Discounts for Government Workers – Being employed by or retired from a federal job may reduce rates when you quote Raleigh auto insurance but check with your company.
• Discount for Multiple Policies – If you combine your auto and home policies and place coverage with the same company you could save at least 10% off all policies.
• Own a Home – Just being a homeowner can earn you a little savings because owning a home means you have a higher level of financial diligence.
• Early Switch Discount – A few insurance companies allow discounts for switching companies prior to your current Liberty insurance policy expiring. You may see this discount when you get Raleigh auto insurance quotes online.
• Passive Restraint Discount – Factory options such as air bags can receive discounts as much as 30%.
• Drivers Education – Make teen driver coverage more affordable by requiring them to participate in a local driver’s education class in school or through a local driver safety program.
• Paperless Signup – A handful of companies give back up to $50 for signing up on the internet.
• Driving Data Discount – Insureds who allow their insurance company to scrutinize vehicle usage remotely such as Drivewise from Allstate or Snapshot from Progressive may see discounts if they are good drivers.

Discounts reduce rates, but you should keep in mind that most of the big mark downs will not be given to the entire cost. Most cut the price of certain insurance coverages like comprehensive or collision. Even though the math looks like it’s possible to get free car insurance, you aren’t that lucky. But any discount will help lower your premiums.

The example below compares Jeep Liberty insurance prices with and without discounts. The costs are based on a male driver, no claims or driving violations, North Carolina state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, multi-car, homeowner, claim-free, marriage, and safe-driver discounts applied.

To choose providers with significant discounts in Raleigh, click here to view.

Insurance agents can give valuable advice

A small number of people still like to get professional advice from a licensed agent and that can be a great decision Good insurance agents can make sure you are properly covered and help file insurance claims. The best thing about comparing car insurance online is that drivers can save money and get cheaper auto insurance rates and still have a local agent.

For easy comparison, once you complete this simple form, your information is sent to agents in your area that can provide free Raleigh auto insurance quotes and help you find cheaper coverage. You never need to leave your computer because prices are sent to your email. If you want to quote rates for a specific company, feel free to search and find their rate quote page and submit a quote form there.

Choosing the best insurance company should include more criteria than just the price. A good agent in Raleigh will have answers to these questions.

• Can you use your own choice of collision repair facility?
• Does the agent have professional designations like CIC, CPCU or AIC?
• Do they reduce claim amounts on high mileage vehicles?
• Will the company cover a rental car if your car is getting fixed?
• Do they offer claims assistance after hours?
• Can you get a list of referrals?
• Are there any discounts for paying up front?

Car insurance coverage information

Having a good grasp of car insurance can help you determine the right coverages and the correct deductibles and limits. Policy terminology can be ambiguous and coverage can change by endorsement.

Medical payments and PIP coverage – Med pay and PIP coverage pay for expenses for things like X-ray expenses, rehabilitation expenses, chiropractic care, funeral costs and hospital visits. The coverages can be used to fill the gap from your health insurance plan or if you do not have health coverage. It covers all vehicle occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is only offered in select states and may carry a deductible

Liability auto insurance – Liability insurance provides protection from damage that occurs to a person or their property. This coverage protects you against claims from other people, and doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 30/60/25 that means you have $30,000 bodily injury coverage, $60,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property.

Liability can pay for things like legal defense fees, repair costs for stationary objects, medical expenses, structural damage and pain and suffering. The amount of liability coverage you purchase is up to you, but buy as large an amount as possible. North Carolina requires drivers to carry at least 30/60/25 but drivers should carry higher limits.

The illustration below demonstrates why low liability limits may not be high enough to adequately cover claims.

UM/UIM (Uninsured/Underinsured Motorist) coverage – This coverage protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants and also any damage incurred to your Jeep Liberty.

Since many North Carolina drivers only purchase the least amount of liability that is required (30/60/25 in North Carolina), it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family.

Collision – Collision coverage will pay to fix damage to your Liberty resulting from colliding with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims like hitting a mailbox, colliding with a tree, colliding with another moving vehicle and backing into a parked car. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible on your Liberty to bring the cost down.

Comprehensive auto coverage – Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things such as damage from a tornado or hurricane, damage from getting keyed, hail damage and falling objects. The maximum amount your car insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Final considerations

When buying insurance coverage, you should never skimp on critical coverages to save a buck or two. There are too many instances where an insured dropped comprehensive coverage or liability limits and discovered at claim time that a couple dollars of savings turned into a financial nightmare. Your goal should be to buy a smart amount of coverage at the lowest possible cost and still be able to protect your assets.

In this article, we covered a lot of ways to save on Jeep Liberty insurance in Raleigh. The most important thing to understand is the more you quote Raleigh auto insurance, the higher the chance of saving money. Consumers could even find that the lowest premium rates come from a company that doesn’t do a lot of advertising.

Cheaper Jeep Liberty insurance in Raleigh is available both online and from local agencies, and you should compare rates from both to get a complete price analysis. Some insurance providers do not provide price quotes online and these small, regional companies sell through independent agencies.

Additional detailed information can be found at these sites:

• Safety Tips for Teen Drivers (Insurance Information Institute)
• How Much is Auto Insurance for a Nissan Altima in Raleigh? (FAQ)
• Who Has Cheap Raleigh Car Insurance for Nurses? (FAQ)
• Senior Drivers (Insurance Information Institute)
• Air Bags: Potential Dangers to Your Children (Insurance Information Institute)
• What if I Can’t Find Coverage? (Insurance Information Institute)
• Side Impact Crash Tests (iihs.org)