If you want to find the absolute lowest rates, then the best way to find low-cost Jeep Compass insurance is to compare prices annually from insurers who provide auto insurance in San Jose.
First, try to comprehend how your policy works and the things you can control to lower rates. Many risk factors that are responsible for high rates such as traffic tickets, fender benders, and a low credit score can be rectified by making lifestyle changes or driving safer. Later in this article we will cover more information to help prevent costly coverage and get bigger discounts that may have been overlooked.
Second, get rate quotes from direct, independent, and exclusive agents. Exclusive agents and direct companies can only give prices from one company like GEICO or Allstate, while independent agencies can provide rate quotes for many different companies.
Third, compare the new rates to your current policy to determine if you can save on Compass insurance in San Jose. If you find a lower rate, ensure coverage does not lapse between policies.
Fourth, give notification to your current company of your intent to cancel the current policy and submit a down payment and signed policy application for your new coverage. Be sure to place your new certificate of insurance above your visor, in the console, or in the glove compartment.
An important part of this process is to make sure you enter identical deductibles and limits on every quote and and to get rate quotes from every company you can. This guarantees an accurate price comparison and many rates to choose from.
Everyone knows that insurance companies don’t want you shop around. People who shop around once a year are highly likely to buy a different policy because of the good chance of finding a more affordable policy premium. A survey found that drivers who compared prices regularly saved as much as $3,500 over four years compared to those who never shopped around.
If finding the lowest price on auto insurance is the reason you’re reading this, then learning about how to get price quotes and compare cheaper coverage can help you be more efficient.
Our goal is to teach you a little about the best ways to compare prices and also save some money in the process If you are already insured, you stand a good chance to be able to find the best rates using the concepts you’re about to learn. But California vehicle owners must know the way companies sell insurance online because rates fluctuate considerably.
To find cheaper rates, there are a couple of ways to compare quotes from all the different companies. The easiest way to find competitive Jeep Compass insurance rates consists of shopping online.
It’s so fast and easy to compare price quotes online that it replaces the need to physically go to insurance agencies in your area. The ability to buy insurance online can eliminate the need for a local agent unless you require the professional assistance that only a licensed agent can provide. You can, however, price shop your coverage online but buy the policy through an agent.
It’s important to know that having more price comparisons helps improve the odds of finding the best offered rates. Some regional insurers cannot provide San Jose Compass insurance quotes over the internet, so it’s necessary to compare price quotes from them, too.
The companies shown below provide free quotes in San Jose, CA. If multiple providers are shown, we suggest you compare several of them to get a more complete price comparison.
Why you need quality insurance for your Compass
Despite the high insurance cost for a Jeep Compass in San Jose, insurance is mandatory in California but it also protects more than you think.
- The majority of states have mandatory insurance requirements which means it is punishable by state law to not carry a minimum amount of liability coverage if you drive a vehicle. 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 your vehicle has a lienholder, almost all lenders will force you to carry insurance to guarantee loan repayment. If you cancel or allow the policy to lapse, the lender will be forced to insure your Jeep for a much higher rate and require you to fork over for the much more expensive policy.
- Insurance protects your vehicle and your assets. It will also pay for most medical and hospital costs incurred in an accident. One of the most valuable coverages, liability insurance, will also pay to defend you in the event you are sued. If your Jeep gets damaged, your insurance policy will cover the repair costs.
The benefits of buying insurance outweigh the cost, particularly when you have a large claim. An average driver in America is overpaying more than $855 a year so compare rate quotes once a year at a minimum to save money.
Coverage statistics and figures
The rate information shown next outlines a range of insurance coverage prices for Jeep Compass models. Having knowledge of how insurance quotes are formulated can help you make smart choices when choosing a car insurance company.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Compass Sport 2WD | $284 | $554 | $464 | $28 | $138 | $1,468 | $122 |
| Compass Sport 4WD | $326 | $672 | $464 | $28 | $138 | $1,628 | $136 |
| Compass Limited 2WD | $326 | $672 | $464 | $28 | $138 | $1,628 | $136 |
| Compass Limited 4WD | $326 | $672 | $464 | $28 | $138 | $1,628 | $136 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume married female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and California minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-vehicle, and multi-policy. Price information does not factor in zip code location which can increase or decrease price quotes noticeably.
Raise deductibles and save
One common question asked by San Jose drivers is how high should the physical damage coverage deductibles be. The premium rates below determine how much more rates are when you buy lower versus higher physical damage coverage deductibles. The first data set uses a $100 deductible for physical damage and the second pricing table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Compass Sport 2WD | $332 | $564 | $442 | $26 | $132 | $1,521 | $127 |
| Compass Sport 4WD | $380 | $686 | $442 | $26 | $132 | $1,691 | $141 |
| Compass Limited 2WD | $380 | $686 | $442 | $26 | $132 | $1,691 | $141 |
| Compass Limited 4WD | $380 | $686 | $442 | $26 | $132 | $1,691 | $141 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Compass Sport 2WD | $242 | $382 | $442 | $26 | $132 | $1,224 | $102 |
| Compass Sport 4WD | $278 | $464 | $442 | $26 | $132 | $1,342 | $112 |
| Compass Limited 2WD | $278 | $464 | $442 | $26 | $132 | $1,342 | $112 |
| Compass Limited 4WD | $278 | $464 | $442 | $26 | $132 | $1,342 | $112 |
| Get Your Own Custom Quote Go | |||||||
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 homeowner, multi-policy, multi-vehicle, safe-driver, and claim-free. Estimates do not factor in San Jose location which can lower or raise rates substantially.
Based on this data, using a $100 deductible costs about $28 more each month or $336 each year averaged for all Compass models than quoting the higher $500 deductible. Due to the fact that you would have to pay $400 more out-of-pocket with a $500 deductible as compared to a $100 deductible, if you normally average at a minimum 14 months between claims, you would save money if you decide on a higher deductible. The numbers below show how you can make your own decision.
| Average monthly premium for $100 deductibles: | $138 |
| Average monthly premium for $500 deductibles (subtract): | – $110 |
| Monthly savings from raising deductible: | $28 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $28 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 14 months |
One thing to be aware of is that a higher deductible level means you will have to cover more of the damage yourself when you have a physical damage claim. That will require access to more funds in the event you need to pay more to get your vehicle repaired.
Drive safe and save
The chart below shows how speeding tickets and fender-benders impact Jeep Compass insurance premiums for different categories of driver ages. The price estimates are based on a single female driver, comprehensive and collision coverage, $250 deductibles, and no discounts are taken into consideration.
Don’t overlook these Jeep Compass insurance discounts
Not too many consumers would say auto insurance is affordable, but you may qualify for discounts to help bring down the price. Certain discounts will be triggered automatically when you complete an application, but lesser-known reductions have to be specifically requested in order for you to get them.
- Memberships – Belonging to certain professional organizations can get you a small discount on your bill.
- Military Rewards – Being on active deployment in the military could be rewarded with lower auto insurance rates.
- Senior Citizens – Older drivers are able to get a small discount on rates.
- Data Collection Discounts – Insureds who allow data collection to study driving manner by using a telematic data system such as Allstate’s Drivewise and State Farm’s In-Drive system might get better premium rates as long as the data is positive.
- Discount for Life Insurance – If the company offers life insurance, you could get better auto insurance rates if you take out some life insurance in addition to your auto policy.
- Waiver for an Accident – Not a discount per se, but a handful of insurance companies allow you one accident without raising rates if your claims history is clear for a specific time period.
- Driver Safety – Completing a course in defensive driver could possibly earn you a 5% discount and easily recoup the cost of the course.
- Bundle and Save – If you can bundle your auto and home insurance with the same insurance company you may earn as much as 10 to 15 percent.
- Save with More Vehicles Insured – Drivers who insure multiple cars with one company can get a discount for every vehicle.
- Claim Free – Claim-free drivers are rewarded with significantly better rates on San Jose auto insurance quote in comparison to frequent claim filers.
A little disclaimer on discounts, most of the big mark downs will not be given to the entire cost. Most cut specific coverage prices like comprehensive or collision. Despite the appearance that all the discounts add up to a free policy, it just doesn’t work that way.
The information below shows the difference between Jeep Compass car insurance rates with and without discounts being applied to the rates. The rates are based on a female driver, a clean driving record, no claims, California state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-car, homeowner, claim-free, multi-policy, and marriage discounts applied.
Some of the insurance companies that have these money-saving discounts possibly include:
Before you buy a policy, ask every company which discounts you may be entitled to. Some discounts may not be offered in San Jose. If you would like to view auto insurance companies who offer online Jeep Compass insurance quotes in California, click here.
When should I talk to a local insurance agent?
A small number of people would rather have an agent’s advice and that is a personal choice. One of the best bonuses of comparing rate quotes online is that you can find lower rates and still choose a local agent. Buying from and supporting local agencies is definitely important in San Jose.
To find an agent, once you fill out this short form, your information is transmitted to local insurance agents who will give competitive quotes and help you find cheaper coverage. There is no need to search for an agent because prices are sent directly to you. You can find the lowest rates and an insurance agent to talk to. If you wish to quote rates from a specific insurance company, you can always find their quoting web page and fill out the quote form the provide.
Finding the right provider needs to be determined by more than just a cheap price quote. Any good agent in San Jose should know the answers to these questions.
- Does the agent have a valid license to sell insurance in California?
- Are they giving you every discount you deserve?
- Does the company use OEM repair parts?
- How much experience to they have in personal lines coverages?
- What companies can they write with?
- Is the agency active in community causes in San Jose?
Once you have received positive feedback to these questions as well as offering an affordable quote, chances are good that you have found an provider that is reputable and can adequately provide auto insurance.
Affordable car insurance premiums are out there
Budget-friendly car insurance in San Jose can be purchased online as well as from independent agents in San Jose, and you need to price shop both to get a complete price analysis. There are still a few companies who do not provide rates over the internet and many times these small, regional companies only sell coverage through independent insurance agents.
When searching for cheaper San Jose auto insurance quotes, never reduce coverage to reduce premium. There have been many situations where consumers will sacrifice comprehensive coverage or liability limits only to discover later that a couple dollars of savings turned into a financial nightmare. Your focus should be to get the best coverage possible at an affordable rate, but do not sacrifice coverage to save money.
Much more information about car insurance in California can be read on the following sites:
- Shopping for a Safe Car (Insurance Information Institute)
- How Much is Auto Insurance for High School Students in San Jose? (FAQ)
- What Car Insurance is Cheapest for Drivers Over Age 50 in San Jose? (FAQ)
- What Car Insurance is Cheapest for a Honda Civic in San Jose? (FAQ)
- Who Has Affordable San Jose Auto Insurance After a Speeding Ticket? (FAQ)
- How Much is Auto Insurance for a Company Car in San Jose? (FAQ)
- State Laws for Cellphones and Texting (iihs.org)
- Front crash protection reduces rear-end crashes (Insurance Institute for Highway Safety)
- Car Insurance FAQ (Trusted Choice)