Save Money on Jeep Grand Cherokee Insurance in Anchorage

Insurance quote for Jeep Grand Cherokee in AnchorageTruthfully, the best way to find cheaper prices for auto insurance rates in Anchorage is to do a yearly price comparison from insurance carriers that sell auto insurance in Alaska. You can compare rates by following these guidelines.

The most important part of shopping around is to try to use identical deductibles and limits on each quote and and to look at as many carriers as you can. Doing this guarantees the most accurate price comparison and the best price quote selection.

We don’t have to point out that fact that car insurance companies don’t want you comparing rates. People who get comparison quotes at least once a year are highly likely to switch to a new company because of the high probability of finding good coverage at a lower price. Surprisingly, a recent survey revealed that consumers who compared price quotes annually saved $3,450 over four years as compared to drivers who never shopped around for lower prices.

If finding the cheapest price on car insurance is your ultimate goal, then knowing the best way to shop and compare insurance premiums can make it simple to find affordable coverage.

Earn discounts to get lower-cost Anchorage car insurance quotes

Not too many consumers would say car insurance is affordable, but you might already qualify for some discounts that you may not know about. Some discounts apply automatically when you complete an application, but some must be asked for before being credited.

A quick disclaimer, most discounts do not apply to the whole policy. Most only reduce the price of certain insurance coverages like liability, collision or medical payments. Despite the fact that it seems like all the discounts add up to a free policy, companies wouldn’t make money that way. But all discounts will definitely reduce the amount you have to pay.

The diagram below shows the comparison of Jeep Grand Cherokee insurance rates with and without policy discounts. Data assumes a male driver, no tickets, no at-fault accidents, Alaska 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 multi-car, claim-free, safe-driver, marriage, homeowner, and multi-policy discounts applied.

Large car insurance companies and their offered discounts are outlined below.

When getting free Anchorage auto insurance quotes, it’s a good idea to each company or agent how many discounts you can get. Some discounts listed above may not apply everywhere. If you would like to see a list of insurers with discount rates in Alaska, click here.

How to lower your Jeep Grand Cherokee insurance cost in Anchorage, Alaska

Finding a lower price on Jeep Grand Cherokee insurance isn’t really that difficult. The only thing you need to do is spend a few minutes comparing rate quotes from different insurance companies.

The companies shown below offer price comparisons in Anchorage, AK. If you wish to find the best cheap auto insurance in Alaska, we recommend you visit as many as you can to find the cheapest car insurance rates.

Auto insurance statistics for a Jeep Grand Cherokee

The rate table displayed below outlines detailed analysis of policy rates for Jeep Grand Cherokee models. Having a good understanding how auto insurance policy rates are formulated can assist in making informed decisions when comparing rates.

Jeep Grand Cherokee Insurance Rates in Anchorage, AK
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Grand Cherokee Laredo 2WD $202 $414 $286 $16 $86 $1,004 $84
Grand Cherokee Laredo 4WD $202 $414 $286 $16 $86 $1,004 $84
Grand Cherokee Limited 2WD $228 $488 $286 $16 $86 $1,104 $92
Grand Cherokee Limited 4WD $228 $488 $286 $16 $86 $1,104 $92
Grand Cherokee SRT-8 4WD $228 $488 $286 $16 $86 $1,104 $92
Get Your Own Custom Quote Go

Price data assumes married female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Alaska minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, homeowner, and multi-vehicle. Premium amounts do not factor in vehicle garaging location which can revise insurance rates substantially.

Careless Anchorage drivers pay higher rates

The information below illustrates how speeding tickets and at-fault fender-benders increase Jeep Grand Cherokee car insurance costs for each age group. The premium estimates are based on a married male driver, full physical damage coverage, $100 deductibles, and no discounts are applied.

Full coverage versus liability-only in Anchorage

The information below illustrates the difference between Jeep Grand Cherokee insurance premiums with full physical damage coverage compared to only buying liability only. The prices are based on no violations or claims, $250 deductibles, drivers are single, and no additional discounts are factored in.

When to drop full coverage

There is no set guideline of when to eliminate comp and collision coverage, but there is a general convention. If the yearly cost for physical damage coverage is more than about 10% of the replacement cost of your vehicle minus the policy deductible, then you might want to consider buying only liability coverage.

For example, let’s pretend your Jeep Grand Cherokee replacement cost is $9,000 and you have $1,000 deductibles. If your vehicle is totaled, you would only receive $8,000 after the deductible is paid. If you are paying in excess of $800 a year for comprehensive and collision coverage, the it may be a good time to stop paying for full coverage.

There are some conditions where eliminating full coverage is not a good idea. If you haven’t satisfied your loan, you have to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you cannot afford to purchase a different vehicle in the event your current vehicle is totaled, you should keep full coverage in place.

How do Car Insurance Companies Determine Jeep Grand Cherokee Insurance Premiums?

Part of the car insurance buying process is learning some of the factors that come into play when calculating your car insurance rates. If you have some idea of what determines base rates, this allows you to make educated decisions that will entitle you to lower premium levels.

Local insurance agents

Some consumers just prefer to visit with an insurance agent and there is nothing wrong with that. Good insurance agents can point out coverage gaps and give you someone to call. A good thing about comparing rates online is you may find lower rates but also keep your business local. Buying from local agencies is important especially in Anchorage.

Insurance agency in AnchorageTo make it easy to find an agent, after completing this quick form, your insurance coverage information is instantly submitted to agents in your area who will give you quotes for your car insurance coverage. It’s much easier because you don’t need to even leave your home since rate quotes are delivered to your email. If you wish to get a price quote for a specific company, you just need to visit that company’s website and give them your coverage information.

When researching a reliable agent, there are two types of agencies and how they differ in how they can insure your vehicles. Agencies in Anchorage can be described as either exclusive or independent agents depending on their company appointments. Either one can write policy coverage, but it is a good idea to know the subtle differences because it may have an impact on the type of agent you choose.

Independent Car Insurance Agents

Independent agents are not limited to a single company so they have the ability to put coverage with any number of different companies and potentially find a lower price. If your premiums go up, the business is moved internally which makes it simple for you.

When comparing rate quotes, we recommend you get insurance quotes from independent agents to ensure the widest selection of prices. Many write coverage with different regional companies which may have better rates.

Featured below are independent agents in Anchorage who can help you get rate quotes.

More insurance agents

Exclusive Agencies

Agents in the exclusive channel normally can only provide a single company’s rates like American Family, State Farm, and AAA. These agents are unable to provide rate quotes from other companies so they really need to provide good service. These agents receive extensive training on sales techniques which can be an advantage. Drivers often use the same exclusive agent primarily because of the prominent brand name rather than low price.

Listed below is a short list of exclusive agencies in Anchorage willing to provide price quote information.

More insurance agents

Finding the right insurance agency shouldn’t rely on just a cheap price. The questions below may impact your decision as well.

If you get good responses as well as a affordable price, chances are good that you have found an auto insurance agent that can be trusted to adequately provide car insurance.

Car insurance is not optional in Alaska

Even though it’s not necessarily cheap to insure a Jeep in Anchorage, car insurance is required in Alaska but also provides important benefits.

The benefits of insuring your car more than offset the price you pay, particularly if you ever have a claim. The average driver in America overpays more than $825 a year so smart consumers compare quotes once a year at a minimum to ensure rates are inline.

Alaska auto insurance companies ranked

Ending up with the right insurance provider can be a challenge considering how many companies sell insurance in Alaska. The company rank data shown below can help you pick which coverage providers to look at comparing prices from.

Top 10 Anchorage Car Insurance Companies by A.M. Best Rank

  1. USAA – A++
  2. State Farm – A++
  3. GEICO – A++
  4. Esurance – A+
  5. Allstate – A+
  6. Progressive – A+
  7. The Hartford – A+
  8. The General – A-
  9. AAA Insurance – A
  10. Liberty Mutual – A

Top 10 Anchorage Car Insurance Companies Ranked by Value

  1. USAA
  2. American Family
  3. The Hartford
  4. The General
  5. State Farm
  6. AAA Insurance
  7. Allstate
  8. Esurance
  9. Safeco
  10. 21st Century

Quote. Compare. Save.

We’ve covered many ways to get a better price on Jeep Grand Cherokee insurance in Anchorage. The most important thing to understand is the more companies you get prices for, the better likelihood of getting affordable Anchorage auto insurance quotes. Consumers could even find that the best price on car insurance is with some of the lesser-known companies.

Drivers change insurance companies for a number of reasons such as delays in responding to claim requests, being labeled a high risk driver, unfair underwriting practices and even delays in paying claims. Whatever your reason, finding a great new company is actually quite simple.

When getting Anchorage auto insurance quotes online, don’t be tempted to reduce needed coverages to save money. In many instances, someone dropped liability limits or collision coverage only to regret at claim time that the few dollars in savings costed them thousands. Your objective should be to find the BEST coverage at the best possible price, but do not sacrifice coverage to save money.

To learn more, take a look at the articles below: