Do you want an efficient way to compare low-cost Jeep Compass insurance in Norfolk? Are you irritated from wondering where the money will come from to keep your car insured? Your situation is no different than millions of other people.

Insurance rates Jeep Compass in NorfolkIt's hard to fathom, but almost 70% of insureds in Virginia kept buying from the same company for at least four years, and nearly half have never shopped around. With the average insurance premium being $1,847, American drivers could save about 46.5% every year, but they don't understand how simple it is to compare rates online. Insurance companies such as Progressive, GEICO and Farmers Insurance all promote huge savings with catchy ads and it is difficult to ignore the flashy ads and do the work needed to find the best deal.

If you have a policy now or just want to reduce your rates, you will benefit by learning to get lower rates and still have adequate protection. Buying the cheapest insurance in Norfolk is really quite simple as long as you have a good starting point. Smart buyers just have to know the quickest way to buy insurance from many different companies online.

Insurance Rate Influencing Factors

Lots of things are used when you quote your car insurance policy. Most are fairly basic like an MVR report, but some are not quite as obvious such as whether you are married or your vehicle rating. It's important that you understand some of the things that help calculate the price you pay for insurance. When you understand what impacts premium levels, this helps enable you to make changes that can help you get cheaper rates.

Shown below are most of the major factors companies use to determine your rate level.

Proper usage rating affects rates - Driving more miles in a year's time the higher your rates will be. Many insurance companies calculate prices based upon how much you drive. Cars not used for work or commuting can get a lower rate than vehicles that are driven to work every day. It's a smart idea to ensure your insurance policy is showing the proper vehicle usage. Having an incorrect usage rating on your Compass may be costing you higher rates.

Good credit scores equal low costs - An insured's credit history will be a significant factor in calculating your insurance rates. If your credit is lower than you'd like, you could pay less to insure your Jeep Compass by taking the time to improve your credit score. Insureds with good credit tend to be better risks to insure than drivers who have lower ratings.

Choose high NHTSA crash test ratings and save - Vehicles that have high safety ratings tend to have better insurance rates. These vehicles have better occupant injury protection and any reduction in injury severity means less claims paid and cheaper rates on your policy. If the Jeep Compass is rated at a minimum an "acceptable" rating on the Insurance Institute for Highway Safety website you are probably receiving a discount.

Too many policy claims drive up prices - Insurance companies in Virginia award better rates to people who are claim-free. If you are a frequent claim filer, you can definitely plan on higher premiums or even policy non-renewal. Your car insurance is meant to be used in the event of larger claims.

Drive a fast car, truck or SUV and pay more - The performance of the vehicle you are trying to find cheaper insurance for makes a huge difference in your premium level. The lowest rates are for smaller low performance passenger vehicles, but many other things help determine your insurance rates. Because the Jeep Compass is a standard SUV, insuring your vehicle will cost slightly more as compared to the average rate in Norfolk.

Obey driving laws and save - Having a clean driving record has a lot to do with how much you pay for insurance. Careful drivers pay lower auto insurance prices than people who have multiple driving citations. Just one moving violation may increase your cost by as much as thirty percent. Drivers who get dangerous citations such as reckless driving or DUI may find that they have to to file a SR-22 with their state's department of motor vehicles in order to prevent their license from being revoked.

Your liability protection limits - The liability coverage on your policy will provide protection if you are responsible for personal injury or accident damage. Your policy's liability insurance provides you with a defense in court which can cost thousands of dollars. This coverage is relatively inexpensive as compared to coverage for physical damage, so buy as much as you can afford.

Lower rates with a multi-policy discount - Most major insurance companies allow a discount to clients who buy several policies from them such as combining an auto and homeowners policy. Even if you're getting this discount consumers should still check prices from other companies to guarantee you are still saving the most.

Insurance loss data for Jeep Compass vehicles - Auto insurance companies use statistical claims data to help determine costs. Models that the data shows to have a trend towards higher claim severity or frequency will have higher premium rates. The table below shows the actual insurance loss data for Jeep Compass vehicles.

For each type of coverage, the statistical loss for all vehicles, as a total average, is represented as 100. Numbers below 100 indicate better than average losses, while percentages above 100 indicate a higher chance of having a claim or larger claims.

Insurance Loss Ratings for Jeep Compass Vehicles

Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Jeep Compass 4dr 2WD 87 135 58 128 124 142
Jeep Compass 4dr 4WD 76 114 63 99 107 106

Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

The quickest method to get policy rate comparisons for Jeep Compass insurance in Norfolk takes advantage of the fact most of the larger companies actually pay money for the chance to give rate comparisons. All consumers are required to do is provide information including if your license is active, types of safety features, how many miles driven, and how old drivers are. That information gets transmitted to multiple insurance providers and you receive quotes instantly to find the best rate.

To start a rate quote now, click here and complete the quick form.

The following companies can provide comparison quotes in Virginia. If the list has multiple companies, it's highly recommended you get price quotes from several of them to get the most competitive price.

Jeep Compass Insurance Rates in Norfolk, VA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Compass Sport 2WD $110 $188 $248 $14 $74 $634 $53
Compass Sport 4WD $218 $460 $312 $18 $94 $1,102 $92
Compass Limited 2WD $140 $264 $290 $18 $88 $800 $67
Compass Limited 4WD $140 $264 $270 $16 $80 $770 $64
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Above prices assume married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Virginia minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, multi-policy, and claim-free. Premium amounts do not factor in specific location which can influence auto insurance rates greatly.

Should you raise deductibles?

One frequently asked question is where to set your physical damage deductibles. The data tables below sum up the costs and benefits when you choose different coverage deductibles. The first rate quote example uses a $100 deductible for comp and collision and the second set of prices uses a $500 deductible.

Jeep Compass insurance policy rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Compass Sport 2WD $192 $328 $258 $16 $78 $897 $75
Compass Sport 4WD $222 $400 $258 $16 $78 $999 $83
Compass Limited 2WD $222 $400 $258 $16 $78 $999 $83
Compass Limited 4WD $222 $400 $258 $16 $78 $999 $83
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Jeep Compass insurance policy rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Compass Sport 2WD $140 $222 $258 $16 $78 $714 $60
Compass Sport 4WD $162 $270 $258 $16 $78 $784 $65
Compass Limited 2WD $162 $270 $258 $16 $78 $784 $65
Compass Limited 4WD $162 $270 $258 $16 $78 $784 $65
Get Your Own Custom Quote Go

Data rating is based on married male driver age 30, no speeding tickets, no at-fault accidents, and Virginia minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, claim-free, and homeowner. Premium costs do not factor in the specific area where the vehicle is garaged which can revise coverage prices significantly.

Based on the figures above, using a $100 deductible costs roughly $17 more each month or $204 each year than choosing the higher $500 deductible. Due to the fact that you would have to pay $400 more if you file a claim with a $500 deductible as compared to a $100 deductible, if you tend to average at a minimum 24 months between claims, you would come out ahead if you decide on a higher deductible.

Males versus Females

The chart below visualizes the comparison of Jeep Compass premium costs for male and female drivers. Data assumes no accidents or driving violations, full coverage, $100 deductibles, marital status is single, and no discounts are applied to the premium.

Why you need to buy insurance

Despite the potentially high cost of Jeep Compass insurance, insurance may be required and benefits you in several ways.

The benefits of carrying enough insurance more than cancel out the cost, especially for larger claims. According to a survey of 1,000 drivers, the average driver overpays as much as $869 every year so it's recommended you shop around at every renewal to help ensure money is not being wasted.

Lower rates by qualifying for discounts

Some insurance providers don't necessarily list every disount available very clearly, so the list below contains a few of the more well known and the more hidden insurance savings.Save money with discounts

Discounts lower rates, but most credits do not apply to all coverage premiums. A few only apply to the cost of specific coverages such as medical payments or collision. Even though the math looks like all those discounts means the company will pay you, you aren't that lucky.

Companies and their offered discounts are detailed below.

If you want cheaper Norfolk car insurance quotes, ask every company to apply every possible discount. Some of the discounts discussed earlier may not be offered in Norfolk. If you would like to view insurance companies with discount insurance rates in Norfolk, click this link.

Auto insurance agents near you

Many people just prefer to get professional advice from a licensed agent and there is nothing wrong with that. Good insurance agents can point out coverage gaps and help submit paperwork. An additional benefit of comparing rates online is that drivers can save money and get cheap rate quotes and still have a local agent.

Find insurance agent in NorfolkTo find an agent, once you fill out this simple form, your information is sent to local insurance agents in Norfolk who want to provide quotes for your insurance coverage. You never need to search for an agent because prices are sent directly to your email. In the event you want to get a rate quote from a particular provider, you would need to find their quoting web page and complete a quote there.

Choosing an insurance company needs to be determined by more than just the premium amount. Here are some questions you might want to ask.

Norfolk car insurance agents are either independent or exclusive

If you are wanting to find a local agent, there are a couple of different types of agents and how they differ in how they can insure your vehicles. Car insurance agencies can either be exclusive or independent (non-exclusive). Both can properly insure your vehicles, but it's worth learning why they differ because it can influence the kind of agent you use.

Exclusive Insurance Agents

These agents can only provide pricing for a single company and some examples include Allstate, Farmers Insurance, State Farm, and AAA. Exclusive agents are unable to place coverage with different providers so you need to shop around if the rates are high. Exclusive agents are usually quite knowledgeable on what they offer and that enables them to sell even at higher rates.

Below are exclusive agents in Norfolk willing to provide comparison quotes.

7607 Sewells Point Rd - Norfolk, VA 23513 - (757) 963-8420 - View Map

1600 E Little Creek Rd #106 - Norfolk, VA 23518 - (757) 480-3800 - View Map

708 E Little Creek Rd - Norfolk, VA 23518 - (757) 480-4100 - View Map

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Independent Car Insurance Agencies

Independent agencies often have affiliation with several companies and that is an advantage because they can write policies through many different car insurance companies and potentially find a lower price. If prices rise, an independent agent can move your coverage which is easy for the insured. If you are comparing car insurance prices, you will definitely want to compare prices from multiple independent agents to get the most accurate price comparison.

Shown below is a short list of independent agencies in Norfolk who can help you get price quote information.

999 Waterside Dr - Norfolk, VA 23510 - (757) 751-9098 - View Map

6350 Center Dr #228 - Norfolk, VA 23502 - (757) 965-7700 - View Map

628 Graydon Ave - Norfolk, VA 23507 - (757) 624-9176 - View Map

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When to get professional advice

When choosing your policy for your vehicles, there is no one size fits all plan. Each situation is unique and your auto insurance should unique, too.Higher deductibles save money Here are some questions about coverages that could help you determine whether your personal situation would benefit from an agent's advice.

If you can't answer these questions, you may need to chat with a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It only takes a few minutes and can help protect your family.

A little work can save a LOT of money

We just showed you a lot of tips how to get a better price on Jeep Compass insurance in Norfolk. The most important thing to understand is the more rate comparisons you have, the higher the chance of saving money. You may even be surprised to find that the biggest savings come from a small local company. These smaller insurers can often insure niche markets at a lower cost as compared to the big name companies such as State Farm, GEICO and Nationwide.

When getting Norfolk car insurance quotes online, never sacrifice coverage to reduce premiums. There are many occasions where an accident victim reduced full coverage only to find out they didn't purchase enough coverage. The goal is to find the BEST coverage at a price you can afford, but don't skip important coverages to save money.

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