The most effective way to find affordable quotes for Jeep Liberty insurance is to make a habit of regularly comparing prices from companies who provide car insurance in Greensboro. You can compare prices by following these guidelines.
- Try to learn about the different coverages in a policy and the measures you can control to lower rates. Many risk factors that drive up the price like at-fault accidents and a negative credit rating can be improved by making lifestyle changes or driving safer. This article gives more details to keep prices down and get additional discounts that may be available.
- Request price quotes from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can provide rates from a single company like GEICO or State Farm, while independent agents can provide rate quotes from many different companies.
- Compare the new rate quotes to the premium of your current policy to see if a cheaper price is available. If you find a lower rate quote and make a switch, make sure there is no lapse in coverage.
A valuable tip to remember is that you’ll want to make sure you compare identical coverage information on each price quote and and to compare as many different companies as possible. Doing this helps ensure a fair rate comparison and many rates to choose from.
Regrettably, most drivers in North Carolina have purchased from the same company for four years or more, and 38% of customers have never compared rates to find cheaper insurance. Most drivers in the U.S. could pocket $860 a year just by getting comparison quotes, but they won’t spend time to compare other rate quotes.
Best companies for low-cost Jeep Liberty insurance in North Carolina
The companies shown below offer quotes in North Carolina. If you want to find the best cheap car insurance in Greensboro, it’s a good idea that you get rates from several of them to get a more complete price comparison.
Insurance rate breakdown
The premium information below outlines detailed analysis of insurance coverage prices for Jeep Liberty models. Being able to understand how insurance prices are established can be useful when making smart choices when purchasing an insurance policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Liberty Sport 2WD | $100 | $190 | $324 | $20 | $96 | $730 | $61 |
| Liberty Limited 2WD | $114 | $190 | $324 | $20 | $96 | $744 | $62 |
| Liberty Renegade 4WD | $114 | $190 | $324 | $20 | $96 | $744 | $62 |
| Liberty Sport 4WD | $114 | $190 | $324 | $20 | $96 | $744 | $62 |
| Liberty Limited 4WD | $114 | $230 | $324 | $20 | $96 | $784 | $65 |
| Get Your Own Custom Quote Go | |||||||
Data based on single female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and North Carolina minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, multi-policy, and safe-driver. Table data does not factor in Greensboro location which can impact coverage rates substantially.
Can higher deductibles save money?
One of the hardest decisions when shopping for car insurance is which deductibles should you choose. The following tables lay out how much more you’ll pay when you buy lower versus higher physical damage coverage deductibles. The first rate comparisons uses a $100 physical damage coverage deductible and the second set of rates uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Liberty Sport 2WD | $186 | $318 | $250 | $14 | $74 | $867 | $72 |
| Liberty Limited 2WD | $214 | $318 | $250 | $14 | $74 | $895 | $75 |
| Liberty Renegade 4WD | $214 | $318 | $250 | $14 | $74 | $895 | $75 |
| Liberty Sport 4WD | $214 | $318 | $250 | $14 | $74 | $895 | $75 |
| Liberty Limited 4WD | $214 | $386 | $250 | $14 | $74 | $963 | $80 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Liberty Sport 2WD | $104 | $168 | $250 | $14 | $74 | $610 | $51 |
| Liberty Limited 2WD | $118 | $168 | $250 | $14 | $74 | $624 | $52 |
| Liberty Renegade 4WD | $118 | $168 | $250 | $14 | $74 | $624 | $52 |
| Liberty Sport 4WD | $118 | $168 | $250 | $14 | $74 | $624 | $52 |
| Liberty Limited 4WD | $118 | $204 | $250 | $14 | $74 | $660 | $55 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, homeowner, and multi-vehicle. Price estimates do not factor in specific location information which can lower or raise premiums considerably.
Based on this data, we can arrive at the conclusion that using a $100 deductible will cost you about $23 more each month or $276 a year than buying the higher $1,000 deductible. Because you would be required to pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you have more than 39 months between claims, you would most likely save money if you choose a higher deductible. Here is how this decision is made.
| Average monthly premium for $100 deductibles: | $75 |
| Average monthly premium for $1,000 deductibles (subtract): | – $52 |
| Monthly savings from raising deductible: | $23 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $23 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 39 months |
An important thing to remember is that increasing deductibles to save money means you will have to cover more of the damage yourself when you do file a claim. You should have enough money in the bank in order to pay the higher deductible.
Rate comparison of men versus women in Greensboro
The illustration below illustrates the comparison of Jeep Liberty annual premium costs for male and female drivers. The premiums assume a clean driving record, no at-fault accidents, full coverage, $100 deductibles, drivers are not married, and no discounts are factored in.
Should you buy full coverage?
The diagram below shows the comparison of Jeep Liberty premium costs with and without full coverage. The costs are based on no claims, a clean driving record, $1,000 deductibles, single marital status, and no discounts are applied.
When to drop full coverage
There is no set guideline for excluding comprehensive and collision coverage on your policy, but there is a general guideline. If the yearly cost of comp and collision coverage is more than 10% of the settlement you would receive from your company, then it’s probably a good time to buy liability coverage only.
For example, let’s pretend your Jeep Liberty claim settlement value is $4,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, the most you would receive is $3,000 after you pay the deductible. If it’s costing you more than $300 a year for full coverage, then it might be time to buy liability only.
There are a few cases where only buying liability is not advised. If you have an outstanding loan on your vehicle, you must maintain physical damage coverage to satisfy the loan requirements. Also, if your savings is not enough to buy a different vehicle in the even your car is totaled, you should not drop full coverage.
Do you qualify for discounts on Jeep Liberty insurance in Greensboro?
Companies offering auto insurance don’t necessarily list every discount they offer in an easy-to-find place, so the following list contains a few of the more well known and the harder-to-find discounts that you can inquire about if you buy Greensboro car insurance online.
- Theft Deterrent System – Cars and trucks equipped with tracking devices and advanced anti-theft systems have a lower chance of being stolen so companies will give you a small discount.
- Own a Home – Just being a homeowner can save a few bucks since home ownership is proof that your finances are in order.
- Good Students Pay Less – Excelling in school can save 20 to 25%. The discount lasts well after school through age 25.
- Defensive Driver Discount – Successfully completing a course that instructs on driving safety is a good idea and can lower rates if you qualify.
- Senior Citizen Discount – If you’re over the age of 55, you may receive a slight reduction on a Greensboro car insurance quote.
- Passive Restraint Discount – Vehicles with factory air bags or motorized seat belts could see savings of up to 25% or more.
Consumers should know that many deductions do not apply to the entire cost. Most only reduce individual premiums such as physical damage coverage or medical payments. Even though it appears adding up those discounts means a free policy, you aren’t that lucky. Any qualifying discounts will lower your overall premium however.
The chart below illustrates the comparison of Jeep Liberty yearly insurance costs with and without discounts applied to the policy premium. The costs are based on a male driver, no claims or driving citations, North Carolina 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 multi-car, marriage, claim-free, homeowner, multi-policy, and safe-driver discounts applied.
Companies and their possible discounts can be read below.
- State Farm may have discounts that include multiple autos, anti-theft, accident-free, good driver, and driver’s education.
- Liberty Mutual offers premium reductions for good student, newly married, exclusive group savings, new graduate, newly retired, and multi-car.
- American Family may offer discounts for accident-free, Steer into Savings, mySafetyValet, multi-vehicle, good driver, and bundled insurance.
- Progressive may include discounts for online signing, good student, homeowner, multi-policy, multi-vehicle, continuous coverage, and online quote discount.
- Farmers Insurance discounts include alternative fuel, multi-car, business and professional, distant student, electronic funds transfer, and pay in full.
- Auto-Owners Insurance has discounts for safe vehicle, good student, anti-theft, group or association, anti-lock brakes, and air bags.
- SAFECO offers discounts including accident prevention training, anti-lock brakes, multi-car, anti-theft, safe driver, teen safety rewards, and bundle discounts.
It’s a good idea to ask all the companies which discounts you qualify for. Some of the earlier mentioned discounts may not be offered in every state. To choose providers that offer some of these discounts in North Carolina, click here.
How Insurance Companies Determine Jeep Liberty Insurance Rates
Multiple criteria are part of the equation when pricing auto insurance. Some are obvious such as your driving record, although others are not quite as obvious like your continuous coverage or your commute time.
The factors shown below are some of the factors auto insurance companies consider when setting your prices.
Rates increase with driving citations – Just one chargeable violation may cause rates to rise substantially. Drivers who don’t get tickets receive lower rates as compared to those with violations. Drivers who get serious tickets such as hit and run, DWI or reckless driving convictions might be required by their state to submit a SR-22 or proof of financial responsibility with their state in order to keep their license.
The example below demonstrates how speeding tickets and at-fault collisions can impact Jeep Liberty auto insurance rates for different age groups. Data assumes a single male driver, full physical damage coverage, $1,000 deductibles, and no discounts are applied.
Lower rates with no policy lapses – Driving with no insurance is a big no-no and you will pay a penalty because you let your insurance expire. In addition to paying higher premiums, the inability to provide proof of insurance may result in a revoked license or a big fine.
No claims equals cheap rates – Companies in North Carolina award lower rates to people who do not rely on their insurance for small claims. If you are a frequent claim filer, you can definitely plan on higher premiums or even policy non-renewal. Your car insurance is designed for claims that pose a financial burden.
Location can impact price – Being located in smaller towns and rural areas of the country may provide you with better prices when shopping for auto insurance. People in densely populated areas have congested traffic and higher rates of accident claims. Fewer drivers translates into fewer accident claims.
Older drivers pay less – Older drivers tend to be more responsible, tend to file fewer claims, and are safer drivers. Youthful drivers have been known to be more careless when driving therefore auto insurance rates are much higher.
The following data uses these assumptions: single driver, full coverage with $500 deductibles, and no discounts or violations.
Which is the best car insurance?
When quoting and comparing adequate coverage, there isn’t really a best way to insure your cars. Your needs are unique to you.
Here are some questions about coverages that may help you determine whether or not you could use an agent’s help.
- Am I covered when using my vehicle for business?
- Are my tools covered if they get stolen from my vehicle?
- Do I need more liability coverage?
- What companies insure drivers after a DUI or DWI?
- Does my policy cover my teen driver if they drive my company car?
- Should I pay a claim out-of-pocket?
If you don’t know the answers to these questions, then you may want to think about talking to an insurance agent. If you don’t have a local agent, complete this form. It only takes a few minutes and can help protect your family.
Auto insurance agents can give valuable advice
A small number of people still prefer to sit down with an agent and that is not a bad decision Licensed agents can answer important questions and help in the event of a claim. The best thing about comparing rate quotes online is that you can obtain cheaper car insurance rates and also buy local. Buying from neighborhood insurance agencies is especially important in Greensboro.
Once you complete this quick form, the coverage information is emailed to insurance agents in Greensboro who want to provide quotes to get your business. It makes it easy because there is no need to find an agent on your own because prices are sent immediately to your email address. If you need to quote rates from a specific company, you would need to search and find their rate quote page and submit a quote form there.
Do you need an independent or exclusive auto insurance agent?
If you’re trying to find a local insurance agency, you should know the types of insurance agents and how they function. Agencies in Greensboro may be either independent agents or exclusive agents. Either type can handle insurance, but it is important to understand how they differ since it can affect your agent selection.
Independent Agents (or Brokers)
Independent insurance agents are not locked into one company and that enables them to quote your coverage with multiple insurance companies and help determine which has the cheapest rates. To transfer your coverage to a different company, the agent simply finds a different carrier and you don’t have to find a new agent.
When comparing insurance rates, we highly recommend that you include price quotes from a few independent agents to have the best price comparison. Many can place coverage with smaller regional carriers that may provide cheaper insurance rates.
Listed below is a short list of independent insurance agencies in Greensboro who can help you get free price quotes.
- Ratterree Insurance Agency
5206 W Market St – Greensboro, NC 27409 – (336) 369-0508 – View Map - Pelnik Insurance
3828 Burlington Rd – Greensboro, NC 27405 – (336) 621-5057 – View Map - Craft Insurance
823 N Elm St – Greensboro, NC 27401 – (336) 375-0600 – View Map
Exclusive Insurance Agents
Agents that choose to be exclusive write business for a single company and examples are State Farm, Allstate and AAA. Exclusive agents are unable to provide prices from multiple companies so they have to upsell other benefits. They receive extensive training on the products they sell and that can be a competitive advantage. Consumers sometimes purchase coverage from exclusives mostly because of loyalty to the company rather than having the cheapest rates.
Shown below are exclusive insurance agencies in Greensboro that are able to give rate quotes.
- Allstate Insurance: Terrence Williams
2109 New Garden Rd D – Greensboro, NC 27410 – (336) 282-0461 – View Map - State Farm: Eddie Collins
5709 W Market St – Greensboro, NC 27409 – (336) 854-1044 – View Map - Allstate Insurance: Chris Just
1420 Westover Terrace Ste D – Greensboro, NC 27408 – (336) 854-7701 – View Map
Selecting an auto insurance agent shouldn’t rely on just a cheap price quote. Agents should be asked these questions:
- What companies can they write with?
- How many years of experience in personal auto insurance do they have?
- Are there any discounts for paying up front?
- If you are a high risk driver, do they have special markets for your coverage?
- How would your car be valued if totaled?
- Do they assist clients in filing claims?
- Are aftermarket or OEM parts used to repair vehicles?
- Do the companies they represent have a solid financial rating?
You can find affordable coverage
Consumers change insurance companies for many reasons like denial of a claim, extreme rates for teen drivers, not issuing a premium refund and even delays in paying claims. It doesn’t matter what your reason, choosing a new company can be easy and end up saving you some money.
You just learned some good ideas how you can reduce Jeep Liberty insurance prices online in Greensboro. The key thing to remember is the more providers you compare, the higher the chance of saving money. You may even be surprised to find that the lowest priced insurance comes from the least-expected company.
Low-cost Jeep Liberty insurance in Greensboro is available online as well as from independent agents in Greensboro, and you need to comparison shop both so you have a total pricing picture. Some insurance companies may not have internet price quotes and usually these smaller providers only sell coverage through independent agencies.
Helpful information
- Should I Buy a New or Used Car? (Allstate)
- How Much are Auto Insurance Rates for Uninsured Drivers in Greensboro? (FAQ)
- What Auto Insurance is Cheapest for a School Permit in Greensboro? (FAQ)
- Who Has the Cheapest Greensboro Car Insurance for 16 Year Olds? (FAQ)
- Who Has the Cheapest Greensboro Car Insurance Rates for College Graduates? (FAQ)
- Who Has Affordable Greensboro Car Insurance for Drivers Over Age 60? (FAQ)
- What Auto Insurance is Cheapest for a Toyota RAV4 in Greensboro? (FAQ)
- Who Has the Cheapest Greensboro Car Insurance Quotes for Postal Workers? (FAQ)
- Eight Auto Insurance Myths (Insurance Information Institute)
- Auto Theft Statistics (Insurance Information Institute)
- Side Impact Crash Tests (iihs.org)