Finding better insurance prices for a Jeep Wrangler in Rhode Island can turn out to be difficult, but you can learn the following methods to save time.
There are both good and bad ways to buy car insurance and we'll show you the absolute fastest way to get price quotes on a Jeep and obtain the best price possible either online or from Providence insurance agents.
Lower Insurance Rates with These Tips
Many different elements are used when premium rates are determined. A few of the factors are predictable like your driving record, although others are less obvious such as whether you are married or how safe your car is. Smart consumers have a good feel for some of the things that are used to determine auto insurance rates. If you understand what determines base rates, this allows you to make good choices that could help you find cheaper rates.
Listed below are some of the major factors used by your company to calculate premiums.
Married drivers get better premiums - Getting married can actually save you money compared to being single. Marriage means you're more mature and statistics show drivers who are married are more cautious.
Gender is a factor - Statistics demonstrate that men are more aggressive behind the wheel. This data doesn't prove that men are worse drivers. Females and males cause at-fault accidents at about the same rate, but the male of the species get into accidents with more damage. Men also receive more costly citations such as DWI and reckless driving. Young males are most likely to cause an accident and therefore are the most expensive to insure.
Bundle home and auto and save - The majority of insurance companies will award better rates to clients who consolidate policies with them in the form of a multi-policy discount. This can amount to 10 percent or more. Even with this discount applied, you still need to check prices from other companies to make sure you are getting the best deal.There is a chance you can save money by splitting coverages up.
Auto insurance lapses lead to higher rates - Having a lapse in insurance coverage can be a quick way to drive up your policy premiums. And not only will insurance be more expensive, not being able to provide proof of insurance may result in fines and jail time.
Low coverage deductibles mean high prices - Physical damage protection, also known as collision and other-than-collision, is used to repair damage to your Jeep. Examples of covered claims would be colliding with a building, flood damage, and damage caused by flying debris. Physical damage deductibles are how much you are required to spend if a claim is determined to be covered. The more expense the insured has to pay upfront, the lower your rates will be.
Claims statistics for a Jeep Wrangler - Insurance companies study historical loss data in order to profitably underwrite each model. Models that the statistics show to have increased losses will cost more for coverage.
The table below shows the historical loss data for Jeep Wrangler vehicles. For each type of coverage, the claim amount for all vehicles, as a total average, is equal to 100. Values that are 100 or less mean the vehicle has better than average losses, while numbers that are greater than 100 indicate a higher chance of having a claim or an increased likelihood of larger losses.
Jeep Wrangler Insurance Claim Statistics
|Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Jeep Wrangler 2dr SWB 4WD||54||134||71||57||52||102|
|Jeep Wrangler 4dr 4WD||58||151||82||66||62||120|
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Finding a lower price on Jeep Wrangler insurance doesn't have to be difficult. All you need to do is spend a few minutes on the computer comparing price quotes from online providers.
The providers in the list below offer price comparisons in Providence, RI. If more than one company is shown, we recommend you click on several of them to get the cheapest price.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Wrangler Sport 4WD 2-Dr||$162||$242||$528||$32||$158||$1,122||$94|
|Wrangler Unlimited Sport 2WD 4-Dr||$346||$406||$664||$40||$198||$1,654||$138|
|Wrangler Sport Islander Package 4WD 2-Dr||$190||$344||$426||$26||$128||$1,114||$93|
|Wrangler Unlimited Sport 4WD 4-Dr||$290||$274||$664||$40||$198||$1,466||$122|
|Wrangler Sahara 4WD 2-Dr||$398||$518||$532||$32||$160||$1,640||$137|
|Wrangler Unlimited Sport Islander Package 4WD 4-Dr||$270||$334||$532||$32||$160||$1,328||$111|
|Wrangler Unlimited Sahara 2WD 4-Dr||$248||$268||$518||$30||$154||$1,218||$102|
|Wrangler Rubicon 4WD 2-Dr||$166||$268||$458||$28||$138||$1,058||$88|
|Wrangler Unlimited Sahara 4WD 4-Dr||$196||$290||$476||$28||$142||$1,132||$94|
|Wrangler Unlimited Rubicon 4WD 4-Dr||$354||$434||$508||$30||$152||$1,478||$123|
|Get Your Own Custom Quote Go|
Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Rhode Island minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, multi-policy, and homeowner. Premium amounts do not factor in the specific area where the vehicle is garaged which can increase or decrease prices considerably.
Difference between liability only and full coverage rates
The diagram below shows the comparison of Jeep Wrangler insurance costs with and without full coverage. The rates are based on no accidents, no driving violations, $100 deductibles, single male driver, and no discounts are applied to the premium.
When to buy liability coverage only
There isn't a steadfast formula to exclude comprehensive and collision coverage on your policy, but there is a guideline you can use. If the annual cost of having full coverage is more than around 10% of the vehicle's replacement cost less your deductible, then it might be time to buy liability only.
For example, let's pretend your Jeep Wrangler replacement value is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled in an accident, you would only receive $8,000 after you pay the deductible. If you are currently paying more than $800 a year for full coverage, then it could be time to drop full coverage.
There are some scenarios where removing full coverage is not advised. If you haven't satisfied your loan, you have to maintain full coverage to protect the lienholder's interest. Also, if your emergency fund is not enough to purchase a different vehicle in the event your current vehicle is totaled, you should keep full coverage on your policy.
Annual premiums comparing men and women
The illustration below visualizes the comparison of Jeep Wrangler insurance costs for male and female drivers. Data assumes no accidents or driving violations, full coverage, $1,000 deductibles, drivers are single, and no discounts are factored in.
The information below shows how choosing a deductible and can influence Jeep Wrangler insurance premiums for different insured age categories. The premiums assume a single male driver, comp and collision included, and no discounts are factored in.
Buying the right Wrangler insurance in Rhode Island is an important decision
Even though it's not necessarily cheap to insure a Jeep in Providence, maintaining insurance is required in Rhode Island but also provides important benefits.
First, most states have minimum mandated liability insurance limits which means it is punishable by state law to not carry a specific level of liability insurance in order to drive the car. In Rhode Island these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
Second, if you took out a loan on your car, it's most likely the lender will require you to carry insurance to guarantee their interest in the vehicle. If the policy lapses, the bank may buy a policy for your Jeep at a much higher premium rate and make you pay for the much more expensive policy.
Third, auto insurance protects not only your vehicle but also your financial assets. It will also provide coverage for medical expenses incurred in an accident. Liability insurance also pays for attorney fees and expenses in the event you are sued. If your Jeep gets damaged, collision and comprehensive coverages will pay to repair the damage minus the deductible amount.
The benefits of insuring your car greatly outweigh the cost, especially when you need to use it. As of last year, the average driver in Rhode Island overpays as much as $855 a year so we recommend shopping around each time the policy renews to help ensure money is not being wasted.
Take advantage of these price cutting discounts
The price of auto insurance can be rather high, but you may qualify for discounts that many consumers don't even know exist. Certain discounts will be triggered automatically when you get a quote, but occasionally some discounts must be specifically requested before you will receive the discount.
- Accident-Free Discounts - Insureds with no claims or accidents are rewarded with significantly better rates on Providence auto insurance quote when compared with frequent claim filers.
- Seat Belt Usage - Drivers who require all occupants to wear their seat belts can save up to 15% on the premium charged for medical payments and/or PIP.
- Membership in Organizations - Affiliation with qualifying employment or professional organizations could qualify you for a break when shopping for auto insurance.
- Early Signing - Some larger companies provide a discount for switching policies before your current Wrangler insurance policy expires. Ten percent is about the average savings.
- Driver Safety - Passing a safe driver course is a good idea and can lower rates if your company offers it.
- ABS Braking Discount - Cars that have anti-lock braking systems are safer to drive so companies give up to a 10% discount.
- Sign Online - A handful of auto insurance companies will discount your bill up to fifty bucks just for signing your application on their website.
- Theft Deterrent System - Cars equipped with anti-theft or alarm systems can help prevent theft and will save you 10% or more on Wrangler insurance in Providence.
Discounts save money, but please remember that some of the credits will not apply to the overall cost of the policy. Most cut the price of certain insurance coverages like liability and collision coverage. Even though it appears you would end up receiving a 100% discount, you won't be that lucky. But any discount will bring down your policy premium.
Companies and a partial list of their discounts can be read below.
- Travelers offers discounts for driver training, payment discounts, save driver, home ownership, new car, and IntelliDrive.
- 21st Century discounts include theft prevention, defensive driver, air bags, anti-lock brakes, and early bird.
- State Farm may offer discounts for Drive Safe & Save, good student, multiple autos, good driver, and student away at school.
- GEICO offers premium reductions for driver training, anti-lock brakes, military active duty, good student, anti-theft, and membership and employees.
- SAFECO includes discounts for safe driver, homeowner, accident prevention training, anti-theft, bundle discounts, and drive less.
- AAA may have discounts that include AAA membership discount, pay-in-full, education and occupation, multi-car, good driver, good student, and multi-policy.
If you need lower rates, check with every insurance company which discounts they offer. Some of the discounts discussed earlier might not be offered in Providence. To find insurers who offer auto insurance discounts in Providence, click this link.
Compare rates but buy from a local neighborhood Providence car insurance agent
Many people just prefer to talk to a local agent and that is OK! Experienced insurance agents are highly skilled in risk management and help file insurance claims. One of the great benefits of price shopping on the web is that drivers can save money and get lower premium rates and also buy local. Putting coverage with local insurance agencies is still important in Providence.
By using this simple form, your insurance data is instantly submitted to insurance agents in Providence that can provide free Providence auto insurance quotes for your coverage. You won't need to contact any insurance agencies because quoted prices will be sent straight to your inbox. If you have a need to get a comparison quote from a specific insurance company, don't hesitate to visit that company's website and submit a quote form there.
The difference between Providence auto insurance agents
If you prefer to buy car insurance from a local Providence insurance agent, it's helpful to know the types of agencies to choose from. Agencies in Providence can be classified as either independent (non-exclusive) or exclusive. Both properly insure your vehicles, but it's important to point out how they are different because it may have an impact on your agent selection.
Independent agents do not write with just one company so they can quote policies with lots of companies depending on which coverage is best. If they find a cheaper price, they simply move your policy to a different company which requires no work on your part.
When comparing rates, we recommend you contact a few independent agents so that you have a good selection of quotes to compare. Most have the option of insuring with mutual insurance companies that may have much lower rates than larger companies.
Below are Providence independent agencies that may be able to give price quote information.
- Auto Cycle Insurance
400 Broadway - Providence, RI 02909 - (401) 421-2005 - View Map
- The Virtus Group Financial and Insurance Services, Inc
10 Memorial Blvd #903 - Providence, RI 02903 - (401) 223-0500 - View Map
- Quetta Insurance LLC
400 Reservoir Ave - Providence, RI 02907 - (401) 467-6966 - View Map
Exclusive Car Insurance Agents
These agents can only write with one company like State Farm, AAA, Farmers Insurance or Allstate. They usually cannot provide prices from multiple companies so keep that in mind. Exclusive agents are usually quite knowledgeable on sales techniques and that allows them to sell at a higher price point. Drivers often purchase coverage from exclusives partially due to the prominence of the brand and strong financial ratings.
Listed below are Providence exclusive insurance agencies that can give you price quotes.
- Allstate Insurance: Jeo Sanchez
1987 Mineral Spring Ave - North Providence, RI 02904 - (401) 349-2900 - View Map
- Allstate Insurance: John R. Mahar
585 Warren Ave - East Providence, RI 02914 - (401) 434-5737 - View Map
- Allstate Insurance
292 Academy Ave - Providence, RI 02908 - (401) 558-0238 - View Map
Finding a good car insurance agent shouldn't rely on just a cheap quote. Here are some questions you should ask.
- What company do they have the most business with?
- Do they assist clients in filing claims?
- Do they carry Errors and Omissions coverage?
- When do they do policy reviews?
- Do they offer accident forgiveness?
Auto insurance is unique, just like you
When it comes to choosing coverage online or from an agent, there really isn't a best way to insure your cars. Everyone's situation is unique and your policy should reflect that. Here are some questions about coverages that could help you determine if you would benefit from professional advice.
- Am I covered when using my vehicle for business?
- Can I cancel at any time?
- Do I have any recourse if my insurance company denies a claim?
- I have a DUI can I still get coverage?
- Do I have coverage if I rent a car in Mexico?
- Am I covered when pulling a rental trailer?
- Do I need medical payments coverage since I have good health insurance?
- When should I buy a commercial auto policy?
If you don't know the answers to these questions, you might consider talking to an insurance agent. If you don't have a local agent, simply complete this short form or go to this page to view a list of companies. It is quick, free and can help protect your family.
Affordable insurance premiums are out there
Throughout this article, we presented a lot of techniques to get a better price on Jeep Wrangler insurance in Providence. The key concept to understand is the more price quotes you have, the better your comparison will be. Consumers may even find the biggest savings come from a small mutual company. Some small companies can often insure niche markets at a lower cost compared to the large companies like GEICO and State Farm.
More affordable insurance in Providence can be bought online and from local insurance agents, and you should compare price quotes from both to have the best rate selection. A few companies do not provide online rate quotes and many times these regional insurance providers only sell coverage through independent insurance agents.
More detailed insurance information is available at these sites:
- Smart Auto Insurance Tips (Insurance Information Institute)
- Which Company has the Cheapest Car Insurance in Cumberland Hill, Rhode Island? (FAQ)
- What is the Cheapest Auto Insurance in Narragansett Pier, Rhode Island? (FAQ)
- Who Has Cheap Car Insurance for a Hyundai Elantra in Rhode Island? (FAQ)
- Who Has Affordable Car Insurance with Multiple Speeding Tickets in Rhode Island? (FAQ)
- Who Has Affordable Car Insurance Quotes for a Jeep Grand Cherokee in Rhode Island? (FAQ)
- Collision Insurance Coverage (Nationwide)
- Child Safety Seats (Insurance Information Institute)
- Rental Reimbursement Coverage (Allstate)
- Eight Auto Insurance Myths (Insurance Information Institute)