Save Money on Jeep Compass Insurance in Newark

Insurance rates Jeep Compass in NewarkWould you like an easy way to compare low-cost auto insurance rates in Newark, NJ? Newark consumers have lots of choices when looking for low-cost Jeep Compass insurance. You can either spend your time struggling with agents to get rate comparisons or save time using the internet to compare rates. There are both good and bad ways to shop for auto insurance so you’re going to learn the best way to compare rates on a Jeep and locate the lowest possible price either online or from Newark insurance agents.

We don’t have to point out that fact that car insurance companies don’t want you comparing rates. Drivers who shop for lower prices are inclined to move their business because the odds are good of finding a lower-cost company. A study showed that people who compared price quotes annually saved approximately $3,450 over four years compared to drivers who never compared other company’s rates.

If finding the best rates on car insurance in Newark is your ultimate target, then understanding how to get price quotes and compare coverages can save money and time.

Jeep Compass coverage statistics

The premium information shown below highlights detailed analysis of insurance premium costs for Jeep Compass models. Having a better understanding of how car insurance prices are established can benefit drivers when making smart choices when buying a car insurance policy.


Jeep Compass Insurance Rates in Newark, NJ
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Compass Sport 2WD $172 $318 $504 $30 $152 $1,176 $98
Compass Sport 4WD $198 $386 $504 $30 $152 $1,270 $106
Compass Limited 2WD $198 $386 $504 $30 $152 $1,270 $106
Compass Limited 4WD $198 $386 $504 $30 $152 $1,270 $106
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Data based on married female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and New Jersey minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-vehicle, and multi-policy. Premium amounts do not factor in specific location information which can increase or decrease coverage rates noticeably.

Policy deductible comparison

One of the more difficult decisions when buying auto insurance is the level to set your comp and collision deductibles. The tables below determine the differences in price between high and low physical damage coverage deductibles. The first set of rates uses a $100 comprehensive and collision deductible and the second price chart uses a $500 deductible.


Jeep Compass insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Compass Sport 2WD $360 $614 $480 $28 $144 $1,651 $138
Compass Sport 4WD $414 $746 $480 $28 $144 $1,837 $153
Compass Limited 2WD $414 $746 $480 $28 $144 $1,837 $153
Compass Limited 4WD $414 $746 $480 $28 $144 $1,837 $153
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Jeep Compass insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Compass Sport 2WD $264 $414 $480 $28 $144 $1,330 $111
Compass Sport 4WD $302 $504 $480 $28 $144 $1,458 $122
Compass Limited 2WD $302 $504 $480 $28 $144 $1,458 $122
Compass Limited 4WD $302 $504 $480 $28 $144 $1,458 $122
Get Your Own Custom Quote Go

Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and New Jersey minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, claim-free, and multi-vehicle. Prices do not factor in specific zip code location which can change prices noticeably.

Based on the data above, we can derive that using a $100 deductible would cost the average driver about $30 more each month or $360 each year than choosing the higher $500 deductible. Because you would pay $400 more out-of-pocket with a $500 deductible as compared to a $100 deductible, if you have at a minimum 13 months between claim filings, you would come out ahead by selecting a higher deductible.

The information below demonstrates how deductibles and can affect Jeep Compass yearly insurance costs for different age groups. The data is based on a married female driver, comprehensive and collision coverage, and no discounts are taken into consideration.

Insurance Rate Influencing Factors

One of the most helpful ways to save on auto insurance is to to have a grasp of some of the factors that aid in calculating your auto insurance rates. When you understand what determines base rates, this enables you to make decisions that can earn you much lower annual insurance costs.

Quote often and quote early

You just read a lot of tips how to save on Jeep Compass insurance in Newark. The key thing to remember is the more you quote Newark auto insurance, the higher the chance of saving money. Consumers could even find that the lowest premium rates are with some of the smallest insurance companies.

Drivers switch companies for many reasons like unfair underwriting practices, policy cancellation, lack of trust in their agent or even denial of a claim. It doesn’t matter what your reason, switching companies is actually quite simple.

As you go through the steps to switch your coverage, make sure you don’t sacrifice coverage to reduce premiums. In many instances, someone sacrificed comprehensive coverage or liability limits and learned later that a couple dollars of savings turned into a financial nightmare. The ultimate goal is to get the best coverage possible at the best price while still protecting your assets.

How to save on Jeep Compass insurance in Newark

If you want to find the absolute lowest rates, then the best way to find discount auto insurance rates in Newark is to regularly compare quotes from insurance carriers in New Jersey.

  1. Take a little time to learn about the different coverages in a policy and the things you can control to prevent expensive coverage. Many policy risk factors that drive up the price such as speeding and a low credit rating can be amended by making lifestyle changes or driving safer.
  2. Obtain price quotes from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can give quotes from one company like GEICO and State Farm, while independent agents can give you price quotes from multiple insurance companies.
  3. Compare the new rate quotes to the price on your current policy and determine if cheaper Compass coverage is available in Newark. If you find a lower rate quote and decide to switch, ensure there is no coverage lapse between policies.
  4. Notify your current company of your intention to cancel your current car insurance policy. Submit a signed application and payment for your new policy. Make sure you put the new certificate verifying coverage in an easily accessible location.

An important note is that you’ll want to compare identical deductibles and limits on every price quote and and to analyze as many different companies as possible. Doing this ensures an accurate price comparison and a good representation of prices.

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