Car Insurance Rate Quotes for a Jeep Liberty in Riverside

It’s an obvious assumption that auto insurance companies don’t want their policyholders to compare prices. People who get price comparisons will presumably switch to a new company because there is a great chance of finding a lower-priced policy. Surprisingly, a recent survey revealed that drivers who compared rates annually saved approximately $72 a month compared to people who never compared prices.

If finding budget-friendly rates on car insurance in Riverside is why you’re reading this, then having a good understanding how to shop for coverages can save money and time.

If you want to save money, the best way to get more affordable car insurance rates is to regularly compare price quotes from providers who can sell car insurance in Riverside. Drivers can shop around by completing these steps.

• First, take a little time to learn about how companies price auto insurance and the modifications you can make to prevent rate increases. Many rating criteria that drive up the price like at-fault accidents, speeding tickets, and an unacceptable credit rating can be amended by making minor changes in your lifestyle. Later in this article we will cover more details to get lower rates and get additional discounts that may have been overlooked.
• Second, get rate quotes from direct, independent, and exclusive agents. Direct and exclusive agents can only quote rates from a single company like GEICO and State Farm, while independent agencies can provide prices from multiple insurance companies.
• Third, compare the new rate quotes to your current policy premium to see if a cheaper price is available. If you find better rates and make a switch, make sure coverage does not lapse between policies.

The key aspect of shopping around is that you’ll want to make sure you compare the same coverage limits and deductibles on each quote and and to look at as many car insurance companies as possible. Doing this ensures a fair price comparison and a better comparison of the market.

Locating the best rates in Riverside is much easier if you know where to start. If you have a current insurance policy, you will surely be able to find the best rates using the techniques presented in this article. Shoppers only have to learn the quickest way to shop their coverage around online.

Cutting your Riverside auto insurance rates doesn’t have to be difficult. All that’s required is to take a few minutes comparing price quotes to discover which company has affordable Jeep Liberty insurance quotes.

The providers in the list below offer comparison quotes in Riverside, CA. If multiple providers are shown, it’s a good idea that you get rate quotes from several of them in order to find the most competitive rates.

Insurance rate breakdown

The rate information shown below covers detailed analysis of policy rates for Jeep Liberty models. Being aware of how rate quotes are established is important for making decisions on which coverage to buy.

Table data represents single female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, safe-driver, and claim-free. Information does not factor in specific Riverside garaging location which can raise or lower premiums significantly.

Physical damage deductibles

When shopping for car insurance, a common question is what deductibles to buy. The premium rates below may aid in understanding the differences in price between low and high policy deductibles. The first set of rates uses a $250 deductible for comp and collision and the second rate chart uses a $500 deductible.

Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, safe-driver, and claim-free. Prices do not factor in specific Riverside garaging location which can lower or raise prices significantly.

Based on these figures, using a $250 deductible costs approximately $15 more each month or $180 each year than opting for the higher $500 deductible. Since you would have to pay $250 more to file a claim with a $500 deductible as compared to a $250 deductible, if you tend to go more than 17 months between claims, you would probably be better off by going with a higher deductible. The numbers below show a better example of how you can come to your own conclusion.

One important caveat is that raising deductibles to get cheaper rates means you will have to cover more of the damage yourself when you have a comprehensive or collision claim. You need to have some savings in the bank in order to pay the higher deductible in order to repair your vehicle.

The diagram below highlights how deductible choice and can affect Jeep Liberty insurance rates for different age groups of insureds. The data assumes a married female driver, comp and collision included, and no discounts are taken into consideration.

Careless drivers pay higher rates

The information below shows how traffic citations and accidents can drive up Jeep Liberty car insurance costs for each different age group. The rate quotes are based on a single male driver, full coverage, $1,000 deductibles, and no policy discounts are applied.

Difference between liability only and full coverage rates

The chart below shows the comparison of Jeep Liberty car insurance rates with liability coverage only compared to full coverage. The rates are based on no claims or driving violations, $100 deductibles, marital status is single, and no discounts are taken into consideration.

Guidelines for eliminating full coverage

There is no set guideline of when to phase out full coverage, but there is a broad guideline. If the annual cost of having full coverage is more than 10% of the vehicle’s replacement cost less your deductible, then it might be time to consider dropping full coverage.

For example, let’s assume your Jeep Liberty book value is $6,000 and you have $1,000 policy deductibles. If your vehicle is severely damaged, the most you would get paid by your company is $5,000 after paying your policy deductible. If you are paying in excess of $500 annually for full coverage, then you might consider buying liability only.

There are some scenarios where only buying liability is not a good idea. If you haven’t paid off your loan, you are required to maintain full coverage to protect the lienholder’s interest in the vehicle. Also, if you cannot afford to purchase a different vehicle in the event your current vehicle is totaled, you should maintain full coverage.

Why you need quality insurance for your Jeep vehicle

Despite the fact that auto insurance is not cheap in Riverside, auto insurance may be required for several reasons.

• Just about all states have compulsory liability insurance requirements which means the state requires specific minimum amounts of liability insurance in order to get the vehicle licensed. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
• If you bought your vehicle with a loan, almost every bank will stipulate that you have full coverage to protect their interest in the vehicle. If you do not keep the policy in force, the bank may insure your Jeep at a much higher premium rate and force you to pay much more than you were paying before.
• Insurance safeguards both your vehicle and your assets. It will also reimburse you for all forms of medical expenses for you, your passengers, and anyone else injured in an accident. Liability coverage, the one required by state law, also pays for attorney fees and expenses if you are sued as the result of an accident. If your vehicle suffers damage from an accident or hail, comprehensive and/or collision insurance will pay to repair the damage minus the deductible amount.

The benefits of carrying adequate insurance greatly outweigh the cost, particularly if you ever have a claim. But the average American driver overpays more than $855 a year so compare rates at every policy renewal to be sure current rates are still competitive.

How Car Insurance Companies Calculate Jeep Liberty Insurance Costs

The best way to find cheaper insurance is to take a look at the different types of things that help calculate the rates you pay for insurance. If you understand what determines base rates, this enables you to make decisions that may result in lower insurance prices.

• Having a spouse is a good thing – Your spouse can actually save you money when shopping for insurance. Having a spouse usually means you are more financially stable and statistics show married drivers get in fewer accidents.
• Responsible credit equals lower premiums – Having a bad credit score can be an important factor in determining what you pay. If your credit rating could use some work, you could save money insuring your Jeep Liberty if you clean up your credit. People that have excellent credit scores tend to be better drivers and file fewer claims than those with worse credit.
• Rates increase with policy add-ons – Insurance companies have many extra bells and whistles that you can get tricked into buying when buying insurance. Add-on coverages like replacement cost coverage, better glass coverage, and extra equipment coverage may be costing you every month. These coverages may sound good when deciding what coverages you need, but your money might be better spent on other coverage so eliminate the coverages to reduce your premium.
• Drive a safer car and pay less – Vehicles that have high safety ratings can get you lower premiums. Highly rated vehicles reduce injuries and reduced instances of injuries means your insurance company pays less passed on to you as lower rates.
• Don’t abuse insurance claims – Auto insurance companies in California generally give the best rates to drivers who are claim-free. If you tend to file frequent claims, you can expect much higher rates or policy non-renewal. Insurance coverage is intended for major claims that would cause financial hardship.
• Drive fewer miles and save – The higher the miles on your Jeep annually the higher your rate. A lot of companies rate vehicles based upon how you use the vehicle. Cars not used for work or commuting can be on a lower rate level compared to those used for work or business. Ask your agent if your declarations sheet is showing the correct usage, because it can save money. Incorrect rating for your Liberty can cost quite a bit.
• Never let your insurance expire – Going without insurance can be a fast way to bump up your insurance costs. In addition to paying higher premiums, getting caught without coverage can result in a fine, jail time, or a revoked license.
• Raise physical damage deductibles and save – Coverage for physical damage, also called ‘full coverage’, helps pay for damage to your vehicle. Examples of some claims that would be covered would be a windshield shattered by a rock, damage from fire, and rolling your vehicle. The deductibles you choose represent how much money the insured will be required to pay if a covered claim is submitted. The more expense you are required to pay out-of-pocket, the better rate you will receive.

Ratings for California car insurance companies

Choosing a highly-rated company can be difficult considering how many companies sell coverage in California. The information in the next section may help you select which car insurance companies you want to consider purchasing from.

Top 10 Riverside Car Insurance Companies Ranked by Customer Service

1. AAA of Southern California
2. GEICO
3. State Farm
4. The Hartford
5. Mercury Insurance
6. The General
7. Progressive
8. Allstate
9. AAA Insurance
10. American Family

Top 10 Riverside Car Insurance Companies Ranked by Customer Satisfaction

1. Titan Insurance – 95%
2. USAA – 94%
3. AAA of Southern California – 92%
4. AAA Insurance – 91%
5. Nationwide – 90%
6. State Farm – 90%
7. The Hartford – 89%
8. GEICO – 89%
9. The General – 88%
10. 21st Century – 88%

Quote more to save more

The cheapest Jeep Liberty insurance in Riverside can be sourced both online and from local insurance agents, and you should be comparing both to have the best selection. Some insurance providers don’t offer online rate quotes and these small, regional companies work with local independent agencies.

We just presented many tips how you can reduce Jeep Liberty insurance prices online in Riverside. The key concept to understand is the more you quote Riverside car insurance, the better your comparison will be. You may even find the lowest priced car insurance comes from some of the smallest insurance companies.

While you’re price shopping online, it’s a bad idea to reduce coverage to reduce premium. In many instances, an insured dropped collision coverage to discover at claim time that the savings was not a smart move. The proper strategy is to buy the best coverage you can find for the lowest price, but do not skimp to save money.

More information can be read below:

• Side Impact Crash Tests (iihs.org)
• Who Has Cheap Riverside Auto Insurance for Drivers Over Age 60? (FAQ)
• Who Has Affordable Auto Insurance for a Toyota Highlander in Riverside? (FAQ)
• Insuring a Leased Car (Insurance Information Institute)
• Senior Drivers (Insurance Information Institute)
• Vehicle Size and Weight FAQ (iihs.org)
• Crash Avoidance Technologies FAQ (iihs.org)